Establishes certain requirements concerning charter school financial reporting and prohibits charter school from contracting with for-profit charter management organization.

This bill prohibits New Jersey charter schools from contracting with for-profit organizations to manage or operate their schools, requiring all charter management organizations to be nonprofit. It mandates that charter schools annually submit detailed budgets - including all revenues, expenses, and in-kind contributions - to the Commissioner of Education for review, with the budget to be publicly posted in plain language on school websites or in print. The bill also requires annual financial audits of charter schools and compels charter management organizations to disclose their financial data, donor information, and operational details to the public via the Department of Education’s website. These measures aim to increase transparency and accountability in charter school finances without altering school operations or funding mechanisms.