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Girls Global Academy

June Board Meeting

Published on June 29, 2026 at 10:44 AM EDT
Amended on June 30, 2026 at 11:22 AM EDT

Date and Time

Tuesday June 30, 2026 at 6:30 PM EDT

Location

Lauren Johannesson-McCoy is inviting you to a scheduled Zoom meeting.

Topic: GGA June Board Meeting
Time: Jun 30, 2026 06:30 PM Eastern Time (US and Canada)
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Board Meeting Documents

 

Lauren Johannesson-McCoy is inviting you to a scheduled Zoom meeting. Join Zoom Meeting https://us06web.zoom.us/j/89629089268?pwd=uY82CrNIBBpytrZNM1Yh56DrjxxkEa.1 Meeting ID: 896 2908 9268 Passcode: 788547 --- One tap mobile +13092053325,,89629089268#,,,,*788547# US +13126266799,,89629089268#,,,,*788547# US (Chicago) Join instructions https://us06web.zoom.us/meetings/89629089268/invitations?signature=kFTpEwQ8kIICEYiJbsZE6inJ6LgAob5X3lcTl2QKFpM

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 6:30 PM
  A. Record Attendance   Lauren Johannesson-McCoy 1 m
  B. Call the Meeting to Order   Andria Wisler 1 m
  C. Approve Minutes Approve Minutes Lauren Johannesson-McCoy 1 m
    Minutes for May Board Meeting on May 19, 2026  
     
  D. Board Announcements   Andria Wisler 1 m
   

6:30p - 8:30p on Zoom unless noted below.

September 29, 2026
October 27, 2026, in person at GGA
December 1, 2026
January 26, 2027
March 30, 2027
April 27, 2027, in person at GGA
May 25, 2027 - vote on FY28 budget
June 29, 2027

  
II. Mission Moment 6:34 PM
  A. Mission Moment FYI Karen Venable-Croft 2 m
III. Executive Director Report 6:36 PM
  A. Executive Director Report Discuss Karen Venable-Croft 25 m
   

https://drive.google.com/file/d/1sUSZvnmpxTOpJEN62MgoEc1EH1ab_PmG/view?usp=sharing

  
     
  B. Principal Hiring Update FYI Karen Venable-Croft 2 m
IV. Community Engagement 7:03 PM
  A. Updates FYI Maria Miller 5 m
V. Finance & Facilities Committee 7:08 PM
  A. Review of the financial reports as of April 30, 2026 and May 30, 2026 FYI Ricardo Chapa 5 m
   

Highlights

End of Year Days of Cash: 138 (Budget 107)

End of Year Cash Balance: $2.45M (Budget: $1.69M)

DSCR: 9.35 (Budget 2.91) 


 

Revenue

  • No significant changes $1,451 increase

Expenses

  • No significant change overall, but we've pushed additional expenses into FY26 given our strong financial position
    • $22k increase in overall staffing costs mainly due to our plan for bonuses to hit in FY26 vs. FY27
    • $50k decrease in unforeseen expenses, reflecting a strategic allocation of funds utilized to prepare for FY27
    • $7k increase in student expenses
    • $8k increase in staff development
    • $8k increase in staff events

Debt Disclaimer: We currently have a balloon payment of $1.8M scheduled for June 2027. We intend to seek a 2-3 year loan extension from OSSE beginning next December. In the meantime, we continue working towards building out our cash reserves. This year we project increasing our cash position by over $0.7M.

  
     
  B. Updated FY27 Budget FYI Karen Venable-Croft 5 m
   

 

EdOps recommends the new FY27 Budget, which is based on up-to-date estimates 

  • Karen and I have worked to minimize our negative net income
    • Net income increased by $185k to -$151k 
    • Additionally, we have located $200k in additional expense reductions we can activate if Fall enrollment looks low
  • Please see the attached Budget file that also includes a budget comparison tab
  • Key changes
    • Revenue estimates reflect 3.8% UPSFF and current ESEA allocations from OSSE
    • Expense estimates reflect current staffing and vendor contracts
  
     
  C. Contracts for Board Approval Vote Karen Venable-Croft 5 m
   

Google Sheet

  
  D. Ramp Credit Card Vote Ricardo Chapa 2 m
   

Ramp Credit Card

EdOps recommends Girls Global move from PEX to Ramp to offer greater oversight of transactions and real time accountability for expenses

  • Procedures accounting for PEX transactions are inefficient and cumbersome
  • EdOps lacks PEX online access and cannot review expenses until after the month close
     
  • Coding for expenses is manual, delayed and time consuming
  • Ramp provides real time review
  • Cardholders can log in to Ramp to easily code transactions and upload receipts in real time
  • EdOps has a number of schools successfully using Ramp for their credit card expenses
  • Ideally we would like to implement this as of July 1, 2026 for FY27
  
VI. Governance 7:25 PM
  A. Updated By-Laws Discuss Karen Dresden 5 m
   

Draft Revised Bylaws

Memo Explaining Revisions

  
VII. Closing Items 7:30 PM
  A. Announcements FYI Andria Wisler 2 m
  B. Adjourn Meeting Vote

This meeting is governed by the Open Meetings Act.  Please address any questions or complaints arising under this meeting to the Office of Open Government at opengovoffice@dc.gov.