Equitas Academy Charter School

Minutes

Finance Committee Committee Meeting

Date and Time

Thursday December 4, 2025 at 2:00 PM

Location

1612 W Pico Blvd, Los Angeles, CA 90015 

 

Additional call-in locations:

3731 W 227th St, Torrance, CA 90505

11100 Santa Monica Blvd, 15th Floor, Los Angeles CA 90025

 

 

Topic: Finance Committee Meeting
Time: This is a recurring meeting Meet anytime

Join Zoom Meeting
https://equitasacademy.zoom.us/j/82806058353?pwd=bHnacYamFNH2STjpF9TVPzMAersWhJ.1

Meeting ID: 828 0605 8353
Passcode: 480916

---

One tap mobile
+12532158782,,82806058353# US (Tacoma)
+12532050468,,82806058353# US

---

Dial by your location
• +1 253 215 8782 US (Tacoma)
• +1 253 205 0468 US
• +1 719 359 4580 US
• +1 346 248 7799 US (Houston)
• +1 669 444 9171 US
• +1 669 900 6833 US (San Jose)
• +1 360 209 5623 US
• +1 386 347 5053 US
• +1 507 473 4847 US
• +1 564 217 2000 US
• +1 646 931 3860 US
• +1 689 278 1000 US
• +1 929 205 6099 US (New York)
• +1 301 715 8592 US (Washington DC)
• +1 305 224 1968 US
• +1 309 205 3325 US
• +1 312 626 6799 US (Chicago)

Meeting ID: 828 0605 8353

PUBLIC COMMENT AT EQUITAS ACADEMY BOARD MEETINGS – An opportunity for the public to address the Board will be provided at the conclusion of the agenda. Members of the public who wish to speak on any item are requested to identify themselves and indicate on which agenda item they wish to speak. The Board will provide an opportunity for the public to speak for a maximum of three (3) minutes, unless granted additional time at the discretion of the Board. Testimony shall be limited in content to matters pertaining to Equitas Academy. The Board may not take any action on matters discussed during the public testimony period that are not listed on the agenda. Brown Act Compliance: Agenda posted at School

Committee Members Present

A. Verma, H. Greene (remote), P. Reddy (remote), T. Hollenberg (remote)

Committee Members Absent

R. Lewis

Committee Members who arrived after the meeting opened

A. Verma

Guests Present

J. Rudolph (remote), N. Peters, S. Estilai (remote), S. Roditti

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

T. Hollenberg called a meeting of the Finance Committee Committee of Equitas Academy Charter School to order on Thursday Dec 4, 2025 at 2:03 PM.

C.

Approve Minutes

T. Hollenberg made a motion to approve the minutes from Finance Committee Committee Meeting on 10-09-25.
P. Reddy seconded the motion.
The committee VOTED to approve the motion.
A. Verma arrived at 2:05 PM.

II. Finance Committee

A.

S&P Global Credit Ratings Summary & Review

Committee reviewed S&P Global Credit Ratings Summary. 

B.

Equitas Academy Charter Schools, Inc. Financial Update

P. Reddy made a motion to Approve financial package.
H. Greene seconded the motion.

Jason reviewed financials with the questions and discussion with the board.

The committee VOTED to approve the motion.
Roll Call
H. Greene
Aye
P. Reddy
Aye
T. Hollenberg
Aye
R. Lewis
Absent
A. Verma
Abstain

C.

Equitas Academy Charter Schools, Inc. FY 2025 Draft Independent Annual Audit Report

Jason reviewed Audit with questions and discussion from the board.

D.

Collegiate Charter High School of Los Angeles FY 2025 Independent Annual Audit Report

T. Hollenberg made a motion to Approve Collegiate Charter High School audit.
H. Greene seconded the motion.

Collegiate's audit was discussed and approved. 

The committee VOTED to approve the motion.
Roll Call
A. Verma
Abstain
T. Hollenberg
Aye
P. Reddy
Aye
H. Greene
Aye
R. Lewis
Absent

E.

Equitas Academy Charter Schools, Inc. Investment Policy

Committee to review Equitas Academy Charter Schools, Inc. investment policy. No action was taken. 

F.

Real Estate

Real Estate agenda item tabled. 

III. 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 3:22 PM.

Respectfully Submitted,
T. Hollenberg