The GLOBE Academy

Finance Committee Meeting

Date and Time

Friday June 20, 2025 at 8:00 AM EDT

Location

Adrienne McMillon is inviting you to a scheduled Zoom meeting.

Topic: GLOBE Finance Committee Meeting 
Time: Jun 20, 2025 08:00 AM Eastern Time (US and Canada)
Join Zoom Meeting
https://us02web.zoom.us/j/84233780638?pwd=qeLt2fp0F4aa0mLlExvahJQQeszkbF.1

Meeting ID: 842 3378 0638
Passcode: vd8za8

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Meeting ID: 842 3378 0638
Passcode: 317282

Find your local number: https://us02web.zoom.us/u/kdue8nwRwt

 

Vision, Mission and Core Values
Vision: To develop globally minded citizens who have the knowledge, skills, and attitudes to effect positive change in our world.
Mission: The GLOBE Academy fosters Global Learning Opportunities through Balanced Education for children of all backgrounds. With a focus on dual-language immersion, an experiential-learning model, and a constructivist approach, GLOBE inspires students to be high- performing lifelong learners equipped to make a positive impact in the world.
Core Values: The GLOBE Academy’s core values are expressed in the acronym, CREST: Community, Respect, Empathy, Sustainability and Trust. These values are expected of the governing board, faculty, staff, parents, and students. They are woven into daily life at GLOBE and incorporated into the curriculum.
 Community: We are inclusive, and we nurture and support one another.
 Respect: We treat ourselves and each other with kindness and dignity.
 Empathy: We strive to understand and share the feelings of others.
 Sustainability: We aim to conserve our resources for optimal use in the present and future.
 Trust: We are committed to honesty, transparency, and respectfully sharing our thoughts and encouraging others to do the same.

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 8:00 AM
  A. Record Attendance   Adrienne McMillon 1 m
  B. Call the Meeting to Order   Adrienne McMillon 1 m
II. Approve Finance Committee Meeting Minutes 8:02 AM
  A. Approve Minutes from Previous Meetings Vote Adrienne McMillon 5 m
   
  • January 2025 Committee Meeting Minutes 
  • April 2025 Committee Meeting Minutes 
 
III. Monthly Financial Review 8:07 AM
  A. May 2025 Financial Review FYI Denise Clayton-Purvis 8 m
   
  • Budget to Actual 
  • Statement of Net Position 
  • Statement of Activities
 
IV. FY 2025-26 Budget 8:15 AM
  A. FY 25-26 Budget Discuss Denise Clayton-Purvis 8 m
   

Final Review of Proposed FY 25-26 Budget 

  • Discuss any modifications since initial review in April 2025
 
  B. FY 25-26 Budget Process Adrienne McMillon 5 m
   
  • 2 Public Meetings held in May 2025 (May 8 and May 28 rescheduled from May 22)
  • Final Board vote scheduled for June 2025 BOD Meeting
 
V. Audit and 990 Update 8:28 AM
  A. 990 Update Discuss Denise Clayton-Purvis 1 m
   

990 filed on May 12, 2025

 
  B. TRS - Employer Attestation Report FYI Denise Clayton-Purvis 5 m
   
  • Management assertion and an attestation report from the employer’s auditor on the completeness and accuracy of the payroll data submitted to TRS during the period of July 1, 2023 – June 30, 2024
 
VI. Other Business 8:34 AM
  A. GLOBE Property Review Denise Clayton-Purvis 10 m
VII. Closing Items 8:44 AM
  A. Adjourn Meeting Discuss Adrienne McMillon 1 m