Voices for International Business and Education
Minutes
Finance / Development Committee Meeting
Date and Time
Wednesday November 8, 2023 at 6:30 PM
Committee Members Present
A. Berger, C. Jones, C. Robinson, F. McKenna, G. Espinoza, K. Dwyer, L. Arellano-Rivera
Committee Members Absent
None
Guests Present
E. Thomas
I. Opening Items
A.
Call the Meeting to Order
B.
Record Attendance and Guests
C.
Approve Minutes - September 2023 Finance Comm Meeting
D.
Approve Minutes - September 2023 Development Comm Meeting
II. IV. Financial update
A.
Review Financial Reports
Jethro is leaving his company and we have Darius replacing him.
Review the report
10/1 of student counts
Audit completion of 12/31
47 days of cash at Y End
below the recommended 60 days
forecast overview report
We are working on putting in for Federal Grant reimbursements.
We would like a variance of comparison of year-over-year and month-over-month reports.
B.
Updates on Finance committee related matters
The audit is going smoothly and up to date and complete the audit on time.
Next Board meeting on 12/13 at 5:30 to recommend audit.
990 tax return was extended. Cerrita will check with Darius to confirm.
The second quarter financial is due to the states
Student count 10/1
III. Development
A.
Development Update
NCAP- 11/28. We hosted an open house with 10 families in attendance.
We will have a second event a the new building in January.
We've attended 7 MS school fairs-
We need to attend the Parkview school fair and Bricolage
Grants
LDG grant- pay for students attending NO careers fairs
Tourism and Culture- received check
ProBono Publica- USDA Farm-to-School
Grand total Award $47, 510
Timeline- for the move is mid-November.
We are working on a map to plan for the move. We are hoping to get in the building soon to plan accordingly.
Looking into doing a fundraiser- for the new building. Hopeful for mid-January.
Do a ribbon cutting- food, games, baskets
Casey mentioned cooking for 250 people. maybe, raffle.
Grace- put a list of alumni
2013 Alumni- want to be a part of a reunion.
Sharing- for students wanting to tour and learn about how to start a business.
Homecoming Basketball game on Friday at Lyon Center at 5:30
Homecoming dance at Loyola 7-11 pm. Saturday 11/18
Next meeting 5:30 December 13
Jethro is leaving his company and we have Darius replacing him.
Review the report
10/1 of student counts
Audit completion of 12/31
47 days of cash at Y End
below the recommended 60 days
forecast overview report
We are working on putting in for Federal Grant reimbursements.
We would like a variance of comparison of year-over-year and month-over-month reports.