T. Cajoux provided a financial update focused on overall fiscal health and key drivers.

• Enrollment Update: Management reported recent enrollment gains and noted the school is approaching its enrollment target, with continued efforts underway to support stability and growth.
• Cash Flow & Financial Monitoring: The board reviewed cash flow and short-term obligations, and management shared that financial monitoring remains active and ongoing.
• Fundraising Update: Management reported that gala fundraising performance was in line with or exceeded projections, supporting the school’s annual operating plan.
• Year-End Outlook: Management shared that the school is currently projecting a break-even position by year end, supported by continued expense management and proactive planning.
• Enrollment Marketing: Leadership described a plan to increase targeted outreach (including digital marketing) to convert inquiries into enrolled families and support both near-term and forward-looking enrollment goals.
• Board members discussed the importance of sustained enrollment and careful monitoring of financial performance through year end.

• Academic Events & Student Engagement: The board heard highlights of schoolwide academic engagement activities, including student-centered initiatives designed to build excitement and participation in learning.
• Family STEM Night: Leadership reported strong participation in the school’s first Family STEM Night, with robust scholar attendance and family engagement.
• Upcoming Events: Leadership shared upcoming December community and academic events, including:
• Spelling Bee (December 10)
• Reading Under the Stars (December 16)
• School Culture: Leadership shared that schoolwide culture activities continue throughout the month to support student belonging and community-building.

A capital planning update was referenced, and the board agreed that further discussion should occur in executive session.

Motion: A motion was made to enter executive session to discuss capital planning matters.
Second: Gina Sardi
Vote: Unanimously approved

The board entered executive session.

The board discussed ongoing board development needs and recruitment priorities, including identifying candidates who are:

• Local and connected to the community
• Experienced in communications/PR and enrollment-facing strategy
• Comfortable with finance, growth planning, and organizational oversight
• Supportive of fundraising and relationship-building

Board moved to executive Session to a leadership performance assessment pilot and related governance process  

Motion: Gina Sardi
Second: Alex Spencer
Vote: Unanimously approved