The GLOBE Academy
Minutes
Pre Board of Directors Finance Meeting
Date and Time
Wednesday January 26, 2022 at 10:00 AM
Location
Luis Pacheco is inviting you to a scheduled Zoom meeting.
Join Zoom Meeting
https://zoom.us/j/91981577231?pwd=Y0VjcUNMeEFRSVRsRDRmV2EwUmRwdz09
Meeting ID: 919 8157 7231
Passcode: YD1q7B
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.
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
C. Elliott-Earby (remote), D. Clayton-Purvis (remote), L. Pacheco (remote)
Committee Members Absent
A. Haas, 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 Wednesday Jan 26, 2022 at 10:04 AM.
II. Finance
A.
FY2022 Financials
B.
Expenses that Need Board Approval
III. Other Business
A.
Lower Campus Capital Improvement
Preparing ourselves for a capital budget / and a financing budget
for next meeting
B.
Student Transportation funded by GLOBE
no updates at the moment
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 10:17 AM.
Respectfully Submitted,
L. Pacheco
Net Income above target but we might need to amend the budget to adjust for lower enrollment, potentially next month and before the end of the year.
In December we adjusted for the retention bonuses paid (~200K)