Enrollment

Current-125 students

70 completed applications bringing us to 195

Goal for SY 25-26=200 students

Attendance

K and 1st grades-attendance up by 1%

2nd and 3rd grades slightly down

Personnel updates

SY 25-26: looking to add 1 K teacher; 2 lower el teachers; 1 upper el teacher; 2 teaching assistants

Staff absences decreased

School culture

OSS-3 total (reason: physical assault)

Special education

27 students with IEPs

7 students with 504 plans

Speech services-21 students receiving

Occupational therapy-12 students receiving

Gifted-contracted gifted teacher

     2 students currently, but 5 more will be added to receive services

Testing

School preparing all students for MAP in the spring and 3rd grade for Milestones in April

School events/activities

Culminating event for Black History Month this Friday

Community members coming into talk about entrepreneurship

Parent hosting school at their restaurant/recruitment event

PTO spearheaded Black History Month programming

PTO also greatly enhancing communication for the Sankofa community

No report

Met with WCS team

Discussed lease that would be required for SCSC

Looking to get proposal to us by Friday

Proposal

• WCS would sublet the entire Sanctuary building and renovate it
• Shared use of parking lot
• Lease term would begin July 1 (or when they receive certificate of occupancy) and expire June 30, 2027
• Rent-base rent $10,115/month for 1st year; $10,418/month for the second year
• WCS would be responsible for 39% of operating expenses for the site
• WCS responsible for 100% of increases in operating costs charged to Sankofa by CSDC (ex. increase in insurance premiums)
• Required to pay security deposit (1 month base rent)
• WCS responsible for maintaining/repairing anything in the Sanctuary building
• Obtain their own metering on Sanctuary building and pay to provider 
• Abide by rules/regulations that Sankofa determines for use of property
• WCS will need to carry their own insurance

Unclear what the renovation costs will be-Sankofa would take over payments once WCS leaves so critical to know the costs before lease is signed (can we afford based on our enrollment)

SCSC has to determine that Sankofa can sublet to WCS to move forward

From Sarah-Does the Board want to authorize Sarah and Fawn to discuss the agreement with WCS or bring everything to the Board to be voted on with each change?  

Do we know the status of WCS approval to operate as school/ability to open?

  WCS approved to operate July 2024; draft lease is to provide SCSC confirmation that Sankofa is    open to share the property

Is there anything in the lease that details the preferred condition of the space when returned to Sankofa?  Sarah did not see that language in the lease, but will send that addition to the lawyer 

Outlined additions of the Enrollment Priority Policy

Additions bring the policy up to date and in line with the CSP standards

Defines siblings and how priority is handled based upon this relationship to a student

Also defines founders, teachers and staff and the priority given to children of those individuals 

Explored line of credit in order to prepare for adjustment to forward funding due to under enrollment

Want to make sure we can meet our financial obligations

Also helps with cash on hand

No interest rate initially, but if we decide to take out some money then interest will attach if money disbursed not repaid within 3 months

Will still need to get approval per policy to take out the funds from the line credit

Changes to fiscal policies to make sure we are compliant for federal monitoring

Additions:

• Bank reconciliation changes
• Methods for procuring-including process for vendor selection; how contracts are administered; outline process for debarred vendors; process for purchasing 
• Procedure for lost/stolen material 
• Annual audit must occur no later November 1 (updated)
• Financial reports-outlining specifics of how obtained and where they go
• Billing process details
• No contributions to political campaigns or advocacy efforts

LaDonya Buchanan-Chose Black Wall Street for Black History because most in the PTO did not learn about it until adulthood.  Focused on careers rather than just entrepreneurship to give flexibility to the students 

Reminder to Board members to get governance training to make sure we are compliant with SCSC.