The Obama Academy for Boys and Red Shoe Charter School for
Girls co-founded by Alston closed in 2015 after Broward County Public Schools
found big financial accountability problems at the institutions. The Valor
Academy of Leadership and Virtue Arts and Science Academy co-founded by Warren
will close on December 21 following dire financial problems found by Duval
County Public Schools.
Warren is the chairman of the Profectus Learning Systems
Board of Directors that runs the two Duval County-based academies, which offer
single-gender middle schools and high schools. He admitted that the schools ran
into trouble because they didn’t enroll enough students.
According to the newspaper, the expenses of the schools
“exceeded revenues by $186,752” in 2015. It added that: “This fiscal year, in
September the schools racked up another $333,000 in such deficit spending…Both
middle schools received D’s on state report cards and the high schools received
F’s.”
The problem of inadequate enrollment also went
uncorrected at FAMU while Warren served as the BOT chairman there from November to May
2016.
Warren strongly defended then-President Elmira Mangum
despite the $9M+ the university lost due to the enrollment decline during her
second year (2015-2016). The enrollment drop under Mangum was a key factor in
the recent decision by Moody’s Investors Service to downgrade FAMU’s dormitory
bond rating.
The situation didn’t improve after Warren became the BOT
chairman. Mangum failed to do enough recruiting to reverse the enrollment
decline and ending up leaving FAMU with a loss of 313 students at the start of
the Fall 2016 semester.
FAMU would have stayed on the path to the same fate as the Valor
Academy of Leadership and Virtue Arts and Science Academy if the university had
continued in the direction that Mangum and Warren were taking it.
Warren was a low-quality appointee with no loyalty to FAMU.
Every Rattler is better off with him gone from the FAMU BOT.