Living School
Minutes
Living School Finance & Development Committee
Date and Time
Tuesday December 13, 2022 at 6:00 PM
Location
Living School, 6003 Bullard Ave., Ste. 16, New Orleans, LA 70128
All are welcome at Living School Board Meetings. Translation is available with 24 hours notice. Public comment is welcome on any item on the agenda. Members of the public wishing to comment, may raise their hand and be recognized by the Board Chair to speak for up to 2 minutes per person, per agenda item. On any matter up for a vote, public comment must be heard prior to taking the Board's vote. For members of the public wishing to address the Board for longer than 2 minutes on any given agenda item, please give the Board Chair at least 24 hours notice to be added to the agenda.
Committee Members Present
A. Odiduro (remote), B. Holmes-Nick, D. Mitchell, K. Mutepfa, R. Ashmore, T. Simon
Committee Members Absent
M. Davis, S. Porges
Guests Present
A. Winzy, M. Dunn, S. Pasternak, Whitney Dickerson
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
T. Simon called a meeting of the Finance & Development Committee Committee of Living School to order on Tuesday Dec 13, 2022 at 6:23 PM.
C.
Approve today's agenda
D. Mitchell made a motion to Approve Agenda.
R. Ashmore seconded the motion.
The committee VOTED unanimously to approve the motion.
D.
Approve Minutes
D. Mitchell made a motion to approve the minutes from Living School Finance & Development Committee on 09-27-22.
B. Holmes-Nick seconded the motion.
The committee VOTED unanimously to approve the motion.
E.
Approve old minutes
R. Ashmore made a motion to approve the minutes from December 14, 2021 Living School Finance & Development Committee on 12-14-21.
B. Holmes-Nick seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance & Development Committee
A.
Review FY23 Committee Description & Goals
B.
Review Financial Documents
- M. Dunn provided an overview of operating results through October.
- R. Ashmore noted that priority must be given to the projected $300K operating deficit that the school is currently facing.
- S. Pasternak indicated that the Leadership Team in conjunction with the Dunn Group will be working on a revised budget to address the projected deficit and the revised budget will be ready for review by the Finance & Development Committee and the full Board by the next monthly meeting in January.
C.
Development Updates
A new grant writer will be coming on board
D.
NSNO Sustainability Update
Citywide enrollment is down. NSNO is conducting research into citywide enrollment effects.
III. Closing Items
A.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 7:02 PM.
Respectfully Submitted,
T. Simon
Documents used during the meeting
- Living School - Financial Statements - September 2022.pdf
- Living School 1st Quarterly Financial Report (QFR) with SOA.xlsx
- CEO Board Report 22.11.29.pdf
- Living School - Financial Statements - October 2022.pdf
- Living School Sustainability Profile from NSNO.xlsx
- School Sustainability Webinar for Charter Leaders.9.2.22.pdf
Goals are attached to the agenda