The GLOBE Academy

Minutes

Pre Board of Directors Finance Meeting

Date and Time

Friday October 22, 2021 at 8:30 AM

Location

Luis Pacheco is inviting you to a scheduled Zoom meeting.
Join Zoom Meeting
Meeting ID: 992 3862 5424
Passcode: j7WUed
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.

Committee Members Present

D. Clayton-Purvis, L. Pacheco

Committee Members Absent

A. Haas, C. Elliott-Earby, L. Li, M. Williams, R. Hudak

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

L. Pacheco called a meeting of the Finance Committee of The GLOBE Academy to order on Friday Oct 22, 2021 at 8:45 AM.

II. Finance

A.

FY2022 Financials

Overall strong financials YTD. Revenue at 110% of Budget while Expenses at 96% of Budget for a total Net Income of $383K (vs -$18K in Budget)

B.

Expenses that Need Board Approval

None of interest this month

III. Other Business

A.

Student Transportation funded by GLOBE

No advances here for the month. 

IV. 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 8:53 AM.

Respectfully Submitted,
L. Pacheco