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Equitas Academy Charter School

Minutes

Board Meeting

Date and Time

Thursday October 25, 2018 at 7:00 PM

Location

2723 W. 8th Street, Los Angeles, CA 90005
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

Directors Present

A. Sowrirajan, A. Valentine, C. Sanii, J. Cruz, O. Bajracharya

Directors Absent

J. Troletti, N. Shaw, T. Bell

Guests Present

A. Perez, D. Krishna, L. Chang, M. Borrego, M. Ford, S. Estilai

I. Opening Items

A.

Record Attendance and Guests

B.

Call the Meeting to Order

C. Sanii called a meeting of the board of directors of Equitas Academy Charter School to order on Thursday Oct 25, 2018 at 7:02 PM.

C.

Approve Minutes

O. Bajracharya made a motion to approve minutes from the Board Meeting on 09-27-18 Board Meeting on 09-27-18.
A. Valentine seconded the motion.
The board VOTED unanimously to approve the motion.

D.

Approve Minutes

O. Bajracharya made a motion to approve minutes from the Board Meeting on 08-18-18 Board Meeting on 08-18-18.
A. Valentine seconded the motion.
The board VOTED unanimously to approve the motion.

E.

Approve Minutes

O. Bajracharya made a motion to approve minutes from the Board Meeting on 08-18-18 Board Meeting on 08-18-18.
A. Valentine seconded the motion.
The board VOTED unanimously to approve the motion.

II. Consent

A.

AB699

O. Bajracharya made a motion to Approve consent agenda.
A. Sowrirajan seconded the motion.
The board VOTED unanimously to approve the motion.

B.

Fall 2019 CA Dashboard Local Indicators Report

O. Bajracharya made a motion to approve consent agenda.
A. Sowrirajan seconded the motion.
The board VOTED unanimously to approve the motion.

C.

Bond Issuance Board Resolution

O. Bajracharya made a motion to approve the consent agenda.
A. Valentine seconded the motion.
The board VOTED unanimously to approve the motion.

III. Academic Accountability Committee

A.

Academic Accountability Dashboard Presentation

Alyssa presented draft of Academic Accountability Dashboard. There are 6 sections:
  1. State and National Testing
  2. Suspension/Expulsion Rates
  3. Parent Partnerships
  4. Performance Metrics
  5. Well Rounded Enrichment Opportunities
  6. SPED & EL Student Performance - will add comparison to state and district

IV. School Updates

A.

CEO Update

Malka presented:
  1. Organizational health and growth - this is a clear focus
    1. Has hired 2 chiefs
    2. Waiting to hire Chief of Staff - there is an interim person starting tomorrow
    3. The goal for the organization is to create trust, joy, and innovation
    4. Working to hire Director of Development and Director of Expanded Learning
    5. In the process of hiring Executive Assistant
    6. Looking to hire School Director for EQ5 and EQ6
    7. All Hands on Meeting was held on October 1st for all staff, there was a keynote speaker and the afternoon off was given off to all staff
    8. This week we had 2 charter renewal approved for EQ and EQ3 and EQ6 was approved by LAUSD
    9. We have 3 new committee members that started
  2. Personal Leadership growth
    1. Just returned from Texas Charter School Growth Fund
    2. Will be in SF for CCSA Advocacy Summit and focus on how to partner with new governor
    3. Will be in New Orleans the second week of November

B.

Updated Bylaws

Oliver motioned to discuss the bylaws, Alyssa seconded the motion.

There was discussion:
  1. Should the board have term guidelines?
  2. Oliver suggested there should be three 3 years terms, this would be 9 years of service
O. Bajracharya made a motion to Board members to be able to serve is three 3 years terms.
A. Valentine seconded the motion.
The board VOTED to approve the motion.

V. Facilities Update

A.

Update on Facilities Strategy

Maggie provided update on EQ4 facility:
  1. The building is moving forward
  2. Parking will be underneath and it will be 5 stories with a green rooftop
  3. The total price is $14,000,000 and it will serve 500 scholars
  4. The bond show payments through 2056
  5. For the next 16 years we are under $1600 per pupil
  6. We will close December 3rd and construction will start December 15th
  7. We need apply for prop 39 for EQ4
  8. We are looking at purchasing the Garda building next to our flagship school

VI. Finance

A.

Approve Monthly Financials

Samira presented monthly financials:
  1. The printed dashboard has the network totals
  2. Each school sites dashboards are on board on track
  3. EQ2 and EQ4 are under enrolled
  4. EQ and EQ3 are over enrolled
  5. We are projecting that our ADA will 30.98 under budget
  6. Grants and fundraising lines is off by $741,570, this is because of the charter school growth grant was split different than projected
  7. Overall we are projected as an organization to have a positive net income of $563,627
  8. There is more information in the notes section per site
A. Sowrirajan made a motion to Approve financials for this month.
A. Valentine seconded the motion.
The board VOTED to approve the motion.

VII. Resource Development

A.

Update from Development Committee

Claudia presented:
  1. Development discussed how they can support the board, there will be development members that will partnered with each board member
  2. Goal is to have a cohesive strategy
  3. Events -
    1. December 8th host a small gathering for board members at the new facility from 10:00 am to 12:00 pm
    2. March on a Thursday to host an event at EQ3, where it would be a fundraiser - they will reach out for dates 7th, 14th, or 21st

VIII. Governance

A.

Update from Governance Committee

Oliver presented:
  1. 3 new committee members started

IX. 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 8:02 PM.

Respectfully Submitted,
C. Sanii