IMSA Governing Board
Minutes
Board Meeting
Date and Time
Tuesday August 29, 2017 at 7:00 PM
Location
7435 N. Keystone Avenue, Indianapolis, IN 46240
Directors Present
B. Valentine-Watts, D. Pierson, M. Dundar, M. Gonulalan, R. Ernst (remote), T. Miller
Directors Absent
B. Guler, D. Coats
Directors who arrived after the meeting opened
D. Pierson, T. Miller
Ex Officio Members Present
H. Dulgeroglu (remote), J. Brown, M. Arslan, M. Atlihan, M. Dunn, O. Secen
Non Voting Members Present
H. Dulgeroglu (remote), J. Brown, M. Arslan, M. Atlihan, M. Dunn, O. Secen
Guests Present
H. Menendez (remote)
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
M. Dundar called a meeting of the board of directors of IMSA Governing Board to order on Tuesday Aug 29, 2017 at 7:09 PM.
C.
Pledge of Allegiance
"I pledge allegiance to my Flag and to the Republic, for which it stands, one nation, indivisible, with liberty and justice for all." "I pledge allegiance to the Flag of the United States of America and to the Republic for which it stands, one nation, indivisible, with liberty and justice for all."
D.
Adopt the Agenda
M. Gonulalan made a motion to to adopt the agenda.
M. Dundar seconded the motion.
The board VOTED unanimously to approve the motion.
E.
Public Input
M. Dundar opened the floor for public input. No public input was given.
II. Review/Approval of Prospective Board Members
A.
Review/Approve Michael Chisley As A New Board Member
T. Miller arrived.
D. Pierson arrived.
M. Dundar presented Mr. Chisley's resume and shared his K-12 experience. Mr. Chisley was nominated by D. Pierson.
M. Gonulalan made a motion to to approve Michael Chisley as a new member of the board.
D. Pierson seconded the motion.
The board VOTED unanimously to approve the motion.
B.
Review/Approve Jim Sparks As A New Board Member
M. Dundar presented Jim Sparks resume and his background working for the government. Mr. Sparks was recommended by David Coats.
D. Pierson made a motion to to approve Jim Sparks as a new member of the board.
B. Valentine-Watts seconded the motion.
The board VOTED unanimously to approve the motion.
III. Approval of Minutes
A.
Approval of June 17, 2017 Board Meeting Minutes
D. Pierson made a motion to approve minutes from the Board Meeting on 06-17-2017 Board Meeting on 06-17-17.
T. Miller seconded the motion.
The board VOTED unanimously to approve the motion.
IV. Enrollment Presentation
A.
Enrollment Presentation
M. Dunn shred that Dre' Knox who is doing the recruiting since Mr. Becker left could not be there tonight.
M. Dunn shared the enrollment status for IMSA North and West.
IMSA North has a goal of 670 they currently have 663 - they need to fill 7 more seats
IMSA West has a goal of 580 and they currently have 589 - they have an additional 9 students
AS of this date enrollment comparisons for 2016 & 2017:
North
2016 88% 2017 99%
West
2016 99% 2017 92%
The large sign at IMSA North is almost finished, they are waiting for replacement glass for the sign.
M. Dunn shared the enrollment status for IMSA North and West.
IMSA North has a goal of 670 they currently have 663 - they need to fill 7 more seats
IMSA West has a goal of 580 and they currently have 589 - they have an additional 9 students
AS of this date enrollment comparisons for 2016 & 2017:
North
2016 88% 2017 99%
West
2016 99% 2017 92%
The large sign at IMSA North is almost finished, they are waiting for replacement glass for the sign.
V. Governance Committee
A.
Review/Approve Change to the Bylaws for Electronic Attendance at Board Meetings
M. Dunn shared the interest in a change int he by-laws regarding meeting attendance by electronic means (ie: phone, zoom, etc.,) Due to situations that are out of our control some members need to attend remotely. According to the current by-laws they can attend however, they do not count towards the quorum.
The change would be that they can attend the meeting remotely and that would count towards the quorum. The one difference is that any votes that are taken must be done on an individual. The secretary would do a roll call vote in this case.
A motion was made and it was sent to vote.
The change would be that they can attend the meeting remotely and that would count towards the quorum. The one difference is that any votes that are taken must be done on an individual. The secretary would do a roll call vote in this case.
A motion was made and it was sent to vote.
B. Valentine-Watts made a motion to Change the by-laws to include remote attendees in the necessary quorum number.
T. Miller seconded the motion.
The board VOTED unanimously to approve the motion.
VI. Academic Excellence Committee Report
A.
Academic Excellence Committee Report
M. Dunn shared that the ISTEP results have been received however, they still are embargoed. He will share them as soon as the embargo is lifted.
Teacher retention is looking good, we were at about 75% last year and this year North has 79% retention and West has 83% retention for teachers. Teacher retention remains one of our Vision documents.
Teacher retention is looking good, we were at about 75% last year and this year North has 79% retention and West has 83% retention for teachers. Teacher retention remains one of our Vision documents.
VII. Finance Committee Report
A.
Approval of June & July 2017 Financial Reports for North
M. Dundar share the we completed the fiscal year on 6/30/2017.
North expected a deficit however, is was larger than anticipated due to extra duty pay and Regional office salaries, some were not added to the budget.
North expected a deficit however, is was larger than anticipated due to extra duty pay and Regional office salaries, some were not added to the budget.
M. Dundar made a motion to approve the financials for IMSA North.
B. Valentine-Watts seconded the motion.
The board VOTED unanimously to approve the motion.
B.
Approval of June 2017 Financial Reports for South
M. Dundar shared the financials for South, they also ended the fiscal year on 6/30/2017
IMSA South currently shows a deficit of 55,000. Currently all liabilities are paid, all financials will be closed on 8/31/2017. Concept will receive the remaining bank balance.
IMSA South currently shows a deficit of 55,000. Currently all liabilities are paid, all financials will be closed on 8/31/2017. Concept will receive the remaining bank balance.
M. Dundar made a motion to approve the financials for IMSA South.
B. Valentine-Watts seconded the motion.
The board VOTED unanimously to approve the motion.
C.
Approval of June & July 2017 Financial Reports for West
M. Dundar shared the financials for IMSA West currently they are meting the standards for OEI. There are no expectation of a deficit for 2018.
M. Dundar made a motion to approve the financials for IMSA West.
D. Pierson seconded the motion.
The board VOTED unanimously to approve the motion.
D.
South Closure Update
M. Arslan shared that we no longer have any liability for the IMSA South building, We left furniture ($100,000 value) in the building.
Inventory was also sold to IMSA schools and other Concept schools, the approximate sold was $104,000.
IMSA West has 4 teachers that were previously at South and North has 2.
Inventory was also sold to IMSA schools and other Concept schools, the approximate sold was $104,000.
IMSA West has 4 teachers that were previously at South and North has 2.
VIII. Closing Items
A.
Adjourn Meeting
M. Dundar made a motion to adjourn the meeting.
B. Valentine-Watts seconded the motion.
The board VOTED unanimously to approve the motion.
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 8:12 PM.
Respectfully Submitted,
J. Brown