The GLOBE Academy

Minutes

Pre Board of Directors Finance Meeting

Date and Time

Friday February 18, 2022 at 9:00 AM

Location

Luis Pacheco is inviting you to a scheduled Zoom meeting.

Topic: My Meeting
Time: Feb 18, 2022 09:00 AM Eastern Time (US and Canada)

Join Zoom Meeting
https://zoom.us/j/91635633626?pwd=VkhWSnlpclhhQzFhYkVHSFlXbmlsdz09

Meeting ID: 916 3563 3626
Passcode: iAxeP5
 

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

A. Haas (remote), D. Reynolds (remote), L. Pacheco (remote), M. Williams (remote)

Committee Members Absent

C. Elliott-Earby, D. Clayton-Purvis, L. Li

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 Feb 18, 2022 at 9:08 AM.

II. Finance

A.

FY2022 Financials

Financials through January are above Net Income by ~$342K ($566K vs. $227K Budget)

 

No special cash outlays for January for Financing or Investing Activities

B.

Expenses that Need Board Approval

III. Other Business

A.

Lower Campus Capital Improvement

Budget process for Capital investing, Drew wants to start the process to collect initiatives that need financing from the other committees with the approval of Management (CFO and CEO)

B.

Student Transportation funded by GLOBE

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 9:33 AM.

Respectfully Submitted,
L. Pacheco