The document presents an analysis of the performance and accountability of charter schools, highlighting the factors that lead to their closure, which include financial issues, mismanagement, and academic deficiencies. It reveals that approximately 15% of charter schools have closed since their inception, largely within the first five years of operation, and emphasizes the importance of accountability mechanisms in ensuring quality education. The report argues that while negative media portrayals often focus on failures, many charter schools demonstrate substantial success and the ability to correct course when necessary.