Packet ready

Alma del Mar

Board of Trustees Meeting

Published on June 21, 2022 at 2:28 PM EDT
Amended on June 22, 2022 at 7:23 AM EDT

Date and Time

Friday June 24, 2022 at 9:00 AM EDT

Location

Remote, On Zoom: https://almadelmar-org.zoom.us/j/97888322313?pwd=bnV6RCttaSsvZDIxaFFKODA2VFFzZz09

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 9:00 AM
  A. Record Attendance   1 m
  B. Call the Meeting to Order   Jan Baptist
  C. Approve Minutes Approve Minutes Becca Kurie 1 m
    Approve minutes for Board of Trustees Meeting on May 27, 2022  
  D. Executive Director Report   Will Gardner 5 m
  E. Board Dashboard   Will Gardner 5 m
II. Development 9:12 AM
  A. EOY Fundraising Report Discuss Mel Bride 5 m
III. Finance 9:17 AM
  A. FY22 May Financials FYI 5 m
   

Increased/decreased all revenue/expense lines on campus P&L's 

Notes are on the Combined P&L

 

Balance Sheet:

Receivable booked for all entitlement grants, ESSER I and ESSER II

Building recorded on Foundation

Wrote off $45k of old chromebooks 

 

P&L:

Projecting a surplus of $1.1 million

Released contingency

ESSER I and II revenue recorded, shown as non-operating for internal financials but will be recorded as Operating income on audited financials

  
  B. Authorized Signatory Vote Will Gardner 3 m
   

motion to approve adding Taylor DeLoach as an authorized signatory on the School's bank accounts at Boston Private Bank and Bristol County Savings Bank, effective immediately. 

 

  

  
IV. Academic Excellence 9:25 AM
  A. EOY Academic Report Discuss Alexa Teevens 15 m
V. Other Business 9:40 AM
  A. Nepotism Policy Review FYI Will Gardner 5 m
  B. Proposed 2022-23 Meeting Schedule FYI Jan Baptist 3 m
VI. Closing Items 9:48 AM
  A. Adjourn Meeting Vote
VII. Alma del Mar Foundation 9:48 AM
  A. Alma Foundation Update FYI Christopher Arnold 5 m
  B. Board and Committee Annual Activities FYI Jan Baptist