Charter School End of Year Financial Report (EOYFR) Information and Data

General Charter School EOYFR Information

In accordance with M.G.L. c. 71, § 89 and 603 CMR 1.00, every Massachusetts charter school is required to file an annual end of year financial report following guidelines established by the Department of Elementary and Secondary Education (Department).

The Charter School EOYFR is a web-based annual financial report consisting of various financial schedules. The Charter School EOYFR and EOYFR amendments are submitted via the Communication Hub and Monitoring Portal (CHAMP). Training videos for use of this application are provided below.

Charter School EOYFR data is used for many reasons, including:

• Populating the Charter School Financial Dashboard
• Populating various published reports (e.g., Excess Surplus reports, Charter and Virtual School Per Pupil Expenses and Teacher Salary Information (below), RADAR)
• Informing transportation reimbursement (Schedule 7c)
• Informing DESE financial monitoring
• Informing DESE of facility and building holdings and leases (Schedule B)

Charter School EOYFR Amendments

The Department expects all charter schools to submit accurate, certified data by the Charter School EOYFR due date. Amendments to Charter School EOYFR data are strongly discouraged but permitted. All charter schools may submit corrected Charter School EOYFR data for the previous fiscal year through an EOYFR amendment. Charter schools may submit EOYFR amendments via CHAMP within one year of submission.

CHAMP — Charter School EOYFR Training Videos

Charter School EOYFR training videos are available on the Department's YouTube channel. All videos are linked below.

• CHAMP EOYFR: Locating End of Year Financial Report
• CHAMP EOYFR: Statement of Net Position
• CHAMP EOYFR: Statement of Revenue, Expenditures, and Change
• CHAMP EOYFR: Schedule of Functional Expenses
• CHAMP EOYFR: In-Kind Contributions Expense Schedule
• CHAMP EOYFR: Schedule 7c (transportation)
• CHAMP EOYFR: Surplus
• CHAMP EOYFR: Certify, Submit and Validations
• CHAMP EOYFR: Submitting an Amendment
• CHAMP EOYFR: Exporting Submitted EOYFR Data

Revenue & Expenditure Data (Charter School EOYFR Summaries)

Massachusetts charter schools are required to keep an accurate account of all of their financial activities and report their revenues and expenditures annually to the Department on the Charter School End of Year Financial Report. Charter School End of Year Financial Reports from FY2009–FY2025 are available upon request. Please contact James DiMaio at 781-338-3228 or James.DiMaio2@mass.gov with the subject "Charter School EOYFR request."

Per pupil and teacher salary information for each charter school can be found below.

• FY2025 Charter and Virtual School Per Pupil Expenses and Teacher Salary Information

Additionally, charter per pupil expenditures found in RADAR and School and District Report Cards have been cross walked to align with traditional district school reporting. Therefore, these per pupil expenditures will differ from expenditures in the Charter and Virtual School Per Pupil Expenses and Teacher Salary Information files.

Please note: Districts report their spending in a different format and with different accounting requirements than charter schools.

Last Updated: July 8, 2026