Loan Portfolio

Location: Colorado Springs, Colorado
Enrollment: 1,982
Loan Amount: $24.5 million
Savings Amount: $3.0 million
School Site: www.jamesirwin.org
Ratings Direct: James Irwin Charter Schools
Obligor Summary: James Irwin Obligor Summary

James Irwin Charter Schools (JICS) opened its doors in the fall of 2000 with a vision to create a rigorous educational program that challenges students to achieve their academic potential. Since then, the school has grown to operate 5 schools and has established a legacy of excellence. JICS has been recognized nationally, statewide and locally for academic excellence and achievement by publications including US News & World Report and The Washington Post. The network’s programming prioritizes the “5 Pillars of Character”: Honesty, Integrity, Respect, Responsibility, and Excellence.

Equitable School Revolving Fund has committed to funding a $24.5 million loan to refinance bank notes that were used to acquire, construct, and expand JICS school facilities.