Explorations Charter School

Minutes

Finance Committee Meeting

Date and Time

Tuesday February 25, 2025 at 5:00 PM

Committee Members Present

Ginni Block (remote), Robert Peterson (remote)

Committee Members Absent

None

Guests Present

Jill Johnson (remote)

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

Robert Peterson called a meeting of the Finance Committee of Explorations Charter School to order on Tuesday Feb 25, 2025 at 5:02 AM.

C.

Approve Minutes

Robert Peterson made a motion to approve the minutes from 1-21-2025 Finance Committee Meeting on 01-21-25.
Ginni Block seconded the motion.

Minutes approved with corrections.

The committee VOTED unanimously to approve the motion.

II. Finance

A.

Review and discuss application to NWCB to cover ERTC Funds

A motion  was made (Block) to approve application to Northwest Community Bank for a $200,000 bridge loan to cover expenses until ERTC money is awarded. The motion passed unanimously.

 

III. Other Business

A.

ERTC Status Update

Jill received an email from Jahana Hayes’s office that they submitted our case for ERTC funds. We now have an IRS representative; our case is moved to his priority list. He will be in touch  by March 10. 

IV. 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 5:27 PM.

Respectfully Submitted,
Ginni Block