Ethos Classical Charter School
Minutes
Board of Directors Monthly Meeting
Directors Present
A. Houseman (remote), A. Jordan, D. Bynes, J. Boyd (remote), J. Keller, M. Childress
Directors Absent
None
Directors who arrived after the meeting opened
A. Houseman
Guests Present
M. Juel-Larsen (remote), Morgan Felts (remote), V. Hudson (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve June Meeting Minutes
II. Management Report
A.
Strategic Plan w/Morgan Felts and 21Colbalt
B.
Dashboard Review
M. Felts shared the new strategic dashboard for FY27.
D. Mack shared updates around the schoolhouse:
- Grandparents and Special Friends Day coming up
- Ethos app
- Preview of SY28 academic calendar (to vote on at next Board meeting).
C.
School Leader Report
III. Finance
A.
Treasurer's Report
J. Keller previewed new agenda item for monthly Board meetings once the Treasurer is in place. The Treasurer's Report will come out of the Finance Committee meeting, including a summary of variance on finances.
B.
Monthly Financial Report
M. Juel-Larsen presented final FY26 financial report.
- FY26 Actuals vs Budget (Higher net income than forecasted (but lower than budgeted) due to increases in state revenue)
- FY26 Days' Cash on Hand (days)
- 2025-2026 Grant Drawdown Summary (on schedule; all drawdowns completed except CSP, which rolls over to FY27)
- End-of-FY26 Balance Sheet (not including non-cash pension expense required by GDOE)
- FY26 Comprehensive Performance Framework: Fiscal Viability and Fiscal Management & Oversight (expecting strong final scores)
- Executive Summary (on the horizon: FY26 audit in progress; expected forecast adjustment next month with salary projections; investigating QBE Health Insurance funding gap; 5-year CIP)
IV. Board Involvement
A.
Board Updates
J. Keller shared updates on needs for board roles, members, and committees.
B.
New Board Members
Board discussed three board candidates in preparation for a vote.
J. Keller shared that there is still a need for 2 more board members, ideally with legal backgrounds.
C.
Board Roles
A. Jordan nominated herself for Vice Chair.
M. Childress nominated herself to remain Secretary.
A. Houseman was nominated to be Treasurer.
D.
Board Roles: Academic, Governance, Finance and Advancement Leads
D. Bynes volunteered to chair the Academic Committee.
Treasurer becomes Finance Committee Chair.
Board Chair becomes Governance Committee Chair.
M. Childress volunteered to chair the Advancement Task Force.
| Roll Call | |
|---|---|
| A. Houseman |
Aye
|
| M. Childress |
Aye
|
| A. Jordan |
Aye
|
| J. Keller |
Aye
|
| J. Boyd |
Absent
|
| D. Bynes |
Aye
|
V. Voting Matters
A.
SY27 Title IX inclusion in SY27 Family Handbook
| Roll Call | |
|---|---|
| D. Bynes |
Aye
|
| J. Keller |
Aye
|
| J. Boyd |
Absent
|
| A. Jordan |
Aye
|
| M. Childress |
Aye
|
| A. Houseman |
Aye
|
B.
Ethos Conflict of Interest Policy
Ethos leadership shared that the SY27 Conflict of Interest policy will be sent to the Board to vote on next Board meeting.
VI. Executive Session, if needed
A.
Executive Session - August 2026
| Roll Call | |
|---|---|
| A. Jordan |
Aye
|
| D. Bynes |
Aye
|
| M. Childress |
Absent
|
| A. Houseman |
Aye
|
| J. Keller |
Aye
|
| J. Boyd |
Aye
|
VII. Closing Items
A.
Adjourn Meeting
| Roll Call | |
|---|---|
| A. Jordan |
Aye
|
| A. Houseman |
Aye
|
| J. Boyd |
Absent
|
| J. Keller |
Aye
|
| M. Childress |
Aye
|
| D. Bynes |
Aye
|
M. Felts introduced a draft FY27 Strategic Plan.
Board to review before and provide feedback at next Board meeting.