To equip students with a quality and holistic education rooted in love.

145 total enrollment applications  

61 students enrolled (accomplishes half of the expected enrollment) 

16 applications in progress 

• Fully hired staff for 71 students (including support staff) 
• Facility is a representation of the brand (some minor work needs to get done) 
• Welcome teachers July 28
• CEO budget comments - Opportunity Trust will support $200k
  • Friends of Friendly will be asked to support financially 
• Governance (CEO sent resumes for new board members to board) - call a special meeting before July 14.
  • interview questions have been prepared 
  • Full board interview and vote will be open to public (public session) 
    • Board members should allocate 2 hrs of time at minimum.
    • Denitria attended Kauffman open board meeting and shared feedback of the meetings.  Presented slides to show the agenda and legislative efforts and will share the content with CEO.
  • Dr. Boyd from SLU is willing to join committee for education 
  • Details for the meeting will be sent from CEO 
• Training for new leaders is taking place this week. 
• Offer three options for uniform to align with brand (every student to get 3 uniform shirts) provided from Community Partners.
  • price for shirts $12 - $13

Lauren Piscitelli presented detailed financial report 

• Balance Sheet: large invoices coming in and will continue as we approach July and August.
• P&L: Net Operating income is significantly less than last budget 
• 2025 - 2026 Budget 
  • $263k of net income by end of year for 75 students
  • $4k price margin per enrolled student 
  • Contingency budget for 100 students (July / August time frame)  - Lauren is willing to adjust and work with the team to ensure we have a great budget to present.
    • Dr. Michael Jones Sr. has a question if the 114 student budget can be modeled.  Lauren is willing to complete the model with Tesha's guidance for funding.
    • Facility accommodations for 114 students (second floor usage) 
      • Architect is working on emergency plans.  LOE to accommodate 100 students (second floor) is considered in the plan.  
      • Lauren P. would have to manually update numbers to consider facilities costs in new modeling.