K12 Inc. operates as a technology-based education company. The company offers proprietary curriculum, software systems, and educational services designed to facilitate individualized learning for students primarily in kindergarten through 12th grade (K-12). The company provides a continuum of technology-based educational products and solutions to public school districts, public schools, virtual charter schools, private schools and families as it strives to transform a student's learning experience into one that delivers individualized education. Business Lines Managed Public School Programs In its Managed Public School Programs, the company provides substantially all of the management, technology and academic support services in addition to curriculum, learning systems and instructional services. It provides its Managed Public School Programs to both virtual and blended public school customers. Virtual Public Schools The majority of the company’s revenue is derived from long-term service agreements with the governing authorities of the virtual public schools it serves. In addition to a comprehensive course catalog, related books and physical materials and, in certain cases, student computers, the company offers these schools various management, technology and academic support services. Full-time virtual public school students access online lessons over the Internet and utilize offline learning materials the company provides. Students receive assignments, complete lessons, take assessments, and are instructed by certified teachers with whom they interact online, telephonically, in synchronous virtual classroom environments, and sometimes face-to-face. Virtual public school students are also provided the opportunity to participate in various school activities, including outings and clubs. In addition to school-level activities, the company sponsors various extracurricular activities on a national basis, such as clubs, contests and college and career planning sessions. Virtual public schools managed by K12 (often named virtual academies) serve K-8 or K-12 students, principally utilize the K12 curriculum and attract both mainstream and all other types of learners. These virtual academies also include virtual academies, Insight schools which tend to focus on academically at-risk students, and iQ Academies which are typically only partially-managed by the company. The company also manages career and technical education-focused online high schools, which are designed to give students a head start on their career goals by earning technical and specialty trade credentials, college credits, and workplace experiences. Blended Public Schools In addition to its full-time virtual public schools, the company offers various management and support services and sell its products to blended public schools, which are public schools that combine online and face-to-face instruction for students in various ways with varying amounts of time spent in a physical learning center. For the 2015-16 school year, the company managed blended public schools in California, Illinois, Indiana, Minnesota, New Jersey and Pennsylvania. The company manages two types of blended public schools—hybrid schools and Passport schools. These blended schools bring students and teachers physically together more often than a purely online program. In the hybrid schools the company manages, such as the Chicago Virtual Charter School, students attend a learning center on a part-time basis, where they receive face-to-face instruction, in addition to their online virtual curriculum and instruction. Another type of blended school option is the Passport school, which is specifically designed for academically at-risk students, particularly those who have previously dropped out of high school, and accordingly, includes more counseling and support services. Institutional The company’s Institutional business consists of Non-managed Public School Programs; and institutional software and services. Its FuelEd suite of offerings has grown and includes K12 curriculum, FuelEd Online Courses, FuelEd A+nywhere Learning Systems (ALS) and Middlebur
k12 inc (LRN:New York)
2300 Corporate Park Drive
Herndon, VA 20171
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