20141015-charter-moneyIn late February, the North Carolina chapter of the Americans for Prosperity Foundation — a group co-founded by the libertarian billionaire Koch brothers — embarked on what it billed as a statewide tour of charter schools, a cornerstone of the group’s education agenda. The first — and it turns out, only — stop was Douglass Academy, a new charter school in downtown Wilmington.

 Douglass Academy was an unusual choice. A few weeks before, the school had been warned by the state about low enrollment. It had just 35 students, roughly half the state’s minimum. And a month earlier, a local newspaper had reported that federal regulators were investigating the school’s operations.

But the school has other attributes that may have appealed to the Koch group. The school’s founder, a politically active North Carolina businessman named Baker Mitchell, shares the Kochs’ free-market ideals.  His model for success embraces decreased government regulation, increased privatization and, if all goes well, healthy corporate profits.

In that regard, Mitchell, 74, appears to be thriving. Every year, millions of public education dollars flow through Mitchell’s chain of four nonprofit charter schools to for-profit […]

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