Ethos Classical Charter School
Minutes
Board of Directors Monthly Meeting
Date and Time
Wednesday April 20, 2022 at 6:30 PM
Location
The Ethos Classical Board of Directors will meet on site at the school at 2295 Springdale Cir SW, Atlanta, GA 30315. For those that cannot join us in person, we will also have a videoconference option available:
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Beginning with its April meeting, the Board of Directors will be meeting in person on site at Ethos Classical Charter School (Spring Road), as well as hosting a videoconference option to allow for maximum attendance to these public meetings.
Directors Present
A. Lamborghini, E. Raines, J. Virostko, K. Graney (remote), M. Moore, P. Moody, T. Fick, T. Mitchell
Directors Absent
B. Hines
Ex Officio Members Present
E. Castillo Leon
Non Voting Members Present
E. Castillo Leon
Guests Present
Cameron Quick (remote), D. Cembrola (remote), D. Mack (remote)
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
C.
Public Comment
D.
Approve Minutes
II. Management Report
A.
Management Report
B.
Facilities Update
C.
Finance
D. Cembrola makes finance report. QBE has been updated and is now consistent with previous forecast. Monthly cash balance remains on target, with an average of $1.4 million per remaining month. We are setting aside a $125,000 reserve account each month in accordance with Ethos Classical's loan terms. Ethos Classical is continuing to draw down its Elementary and Secondary School Emergency Relief funds. D. Cembrola reports on facilities spending forecast.
D. Cembrola reports on FY22-23 budget.
D.
Fundraising
E.
LEA & Compliance Update
Head of School reports on LEA reports; adverse findings included purchasing policy, religious items policy, credit card policy, and bullying policy, all of which are being updated
F.
Request for Public Comment on the school's American Rescue Plan (ARP) Budget
Head of School reports on American Rescue Plan 6 month review and use of funding.
G.
Recruitment (Scholar and Staffing)
Head of School reports on talent recruitment: still needs 7 associate teachers, has hired two lead special education teachers, has pool of director of development. Dean of Operations reports on scholar recruitment: 301 applications have bene submitted; and every grade level is currently over enrolled.
H.
Program
Head of school reports on ILT Debut, and cypher, Code-a-thon, Fifth Grade Graduation Ceremony, end of year Carnival, artist showcase, and Covid updates - there have been no positive cases since implementing the mask optional policy.
III. Board Committee Reports
A.
Finance
K. Graney reports on upcoming budget meetings, which will be presented at the May board meeting.
B.
Governance
Secretary reports on board training completion. Board Chair reports on board member recruitment.
C.
Academic
D.
Fundraising Committee
Board Chair reports that board giving must be completed by June 30, 2022. Four board members have given this year. Board donations are $2,500 per board member this year. Fundraising board reports on art auction event, tentatively scheduled for August 18 or 25, with tickets selling at $75 each and board members responsible for 5 tickets each.
IV. Voting Matters
A.
Finance Policies
B.
Board and Committee Meeting Schedule
V. Executive Session (Personnel)
A.
Executive Session Discussion
Whereupon an executive session was held
C. Quick reports on permitting process for addition, which permits should be issued the week of 4/18/22; term sheet was issued at 5% interest rate. Financing is scheduled to close on 7/29/22.