IMSA Governing Board
Minutes
Board Meeting
Date and Time
Saturday November 17, 2018 at 10:00 AM
Location
IMSA North, 7435 N. Keystone Avenue, Indianapolis, IN 46240
Directors Present
B. Valentine-Watts, C. Frazier, D. Pierson, J. Sparks
Directors Absent
D. Coats, M. Gonulalan, T. Miller
Ex Officio Members Present
H. Dulgeroglu, J. Brown, J. Burditt (remote), M. Arslan, M. Atlihan, M. Dunn, O. Secen
Non Voting Members Present
H. Dulgeroglu, J. Brown, J. Burditt (remote), M. Arslan, M. Atlihan, M. Dunn, O. Secen
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
J. Sparks called a meeting of the board of directors of IMSA Governing Board to order on Saturday Nov 17, 2018 at 11:01 AM.
C.
Pledge of Allegiance
I pledge allegiance to the flag of the United States of America and to the Republic for which it stands, one nation under God, indivisible, with liberty and justice for all.
D.
Adopt the Agenda
D. Pierson made a motion to to adopt the agenda.
B. Valentine-Watts seconded the motion.
The board VOTED unanimously to approve the motion.
E.
Public Input
There was no public input given.
II. Approval of Minutes
A.
Approval of October 27, 2018 Board Meeting Minutes
D. Pierson made a motion to approve minutes from the Board Meeting - Rescheduled on 10-27-18 Board Meeting - Rescheduled on 10-27-18.
C. Frazier seconded the motion.
The board VOTED unanimously to approve the motion.
III. New Business
A.
Dashboard Review
M. Dunn shared the Dashboard. this is the first one of the new school year. The red areas represent cash flow not stability. H. Dulgeroglu shared that there are a lot of expenses at the beginning of the school year and the money does not start coming in until November. So those numbers will change going forward.
M. Dunn, NWEA is only given two times per year, so we won't see any more data till May or June. We may use Airways data but we are not sure yet.
D. Pierson, suggested not using a target just put the data on the dashboard. M. Dunn, stated that this would still be a target for IMSA for OEI.
M. Dunn, NWEA is only given two times per year, so we won't see any more data till May or June. We may use Airways data but we are not sure yet.
D. Pierson, suggested not using a target just put the data on the dashboard. M. Dunn, stated that this would still be a target for IMSA for OEI.
IV. Academic Excellence Committee
A.
Academic Excellence Committee Report
B. Valentine-Watts, stated that they went over the Vision of the Academic Excellence Committee. Most everyone was present for the presentation. No further report was given.
V. Finance Committee
A.
Finance Training
The finance training segment was tabled until the December 15, 2019 meeting.
B.
Approval of October 2018 Financial Reports for North
H. Dulgeroglu, stated that the audit was done and everything was clear. IMSA North had two items that were over $5,000 the partial payment of the Annual Audit Fee and the HVAC maintenance. The school has received about 28% of its revenue and spent about 38% in expenses. Advertisement expenses were paid out of North this time and the next time it will come out of West. Federal grant money should start coming in in November.
D. Pierson made a motion to approve the financials for IMSA North.
B. Valentine-Watts seconded the motion.
The board VOTED unanimously to approve the motion.
C.
Approval of October 2018 Financial Reports for West
H. Dulgeroglu, stated that the audit was done and everything was clear. IMSA West had one item that were over $5,000 the partial payment of the Annual Audit Fee. The school has received about 24% of its revenue and spent about 28% in expenses. Advertisement expenses were paid out of North this time and the next time it will come out of West. Federal grant money should start coming in in November.
D. Pierson made a motion to to approve the financials for IMSA West.
B. Valentine-Watts seconded the motion.
The board VOTED unanimously to approve the motion.
VI. Governance Committee
A.
Governance Committee Report
The Governance Committee had no report.
VII. Development Committee
A.
Development Committee Report
The Development Committee had no report.
VIII. Principals' Corner
A.
School Updates
O. Secen, IMSA North is working on building skills and teacher capacity. Realtime feedback, this is new for them. C.Frasier, asked if he was happy with the progress? O. Secen, said yes that he was.
B. Valentine-Watts, said she would like to be more involved. O. Secen said he would like to put more emphasis on Board Members coming to visit the school.
A. Atlihan, talked about the success of the Trunk or Treat event that was hosted by Parent University. There were about 760 kids in attendance, it was promoted on Facebook. They also have a partnership with Lilly and United Way they do workshops in the Character Education classes. Today is the Concept Spelling Bee in Chicago.
B. Valentine-Watts, said she would like to be more involved. O. Secen said he would like to put more emphasis on Board Members coming to visit the school.
A. Atlihan, talked about the success of the Trunk or Treat event that was hosted by Parent University. There were about 760 kids in attendance, it was promoted on Facebook. They also have a partnership with Lilly and United Way they do workshops in the Character Education classes. Today is the Concept Spelling Bee in Chicago.
IX. Closing Items
A.
Survey of Attendance For The Next Meeting - 11/17/18
Survey of those able to attend the December meeting:
Daniel Pierson - Yes
Bernice Valentine-Watts - Yes
Charise Frasier - Yes
Jim Sparks - Yes
Daniel Pierson - Yes
Bernice Valentine-Watts - Yes
Charise Frasier - Yes
Jim Sparks - Yes
B.
Adjourn Meeting
B. Valentine-Watts made a motion to adjourn the meeting.
D. Pierson 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 11:30 AM.
Respectfully Submitted,
J. Brown