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Forte Preparatory Academy

Minutes

Board Meeting

Forte Prep Full Board Monthly Meeting

Date and Time

Wednesday May 21, 2025 at 6:30 PM

Location

In Person Meeting location TBD:

 

Join Zoom Meeting:  https://zoom.us/j/94001336885?pwd=K1AvOWN4MWM3U3VoSytQNkU5U1NDZz09

Directors Present

E. Winn, F. Lin, J. Cordero, J. Schilling, L. Mendez, V. Abrams (remote), W. Yip

Directors Absent

A. Espinosa, K. Mullen, L. Rodriguez, S. Song

Ex Officio Members Present

G. Browne (remote)

Non Voting Members Present

G. Browne (remote)

Guests Present

Carlos Mojica (remote), Christopher Cruz, Janeya Hisle (remote), Justin Smith (remote), Michael Dymond

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

E. Winn called a meeting of the board of directors of Forte Preparatory Academy to order on Wednesday May 21, 2025 at 6:46 PM.

C.

Approve Minutes

W. Yip made a motion to approve the minutes from Board Meeting on 03-19-25.
J. Schilling seconded the motion.
The board VOTED unanimously to approve the motion.
W. Yip made a motion to approve the minutes from Board Meeting on 04-23-25.
J. Schilling seconded the motion.
The board VOTED unanimously to approve the motion.

II. Finance

A.

Finance and Budget Review

Janeya of Ed Tech reported FP results as of April 2025. FP's financial and budget highlights include:

 

  • Enrollment: Actual FTEs of 558.
  • 2024-25 Budget vs. Projections: Variance of -$203K.
  • 2024-25 Budget vs. Actuals: Positive variance in operating income
  • 2024-25 Budget vs. Forecast: Ending close to budget with $204K positive net income.
  • Cash Flow: Still looks good.
  • FY26 Federal Funding Proposal cuts 15% of DOE programs, only charter schools get increased allocation.
  • Review of potential impact of SCOTUS decisions on charter schools, expected at end of June.
  • Review of budget assumptions for FY26.
  • Review of FY26 Budget Draft. Final 2026 budget will be approved during June board meeting.

III. Governance

A.

Vote on new members

F. Lin made a motion to Approve the addition of two new board members Christopher Cruz and Michael Dymond.
E. Winn seconded the motion.
The board VOTED unanimously to approve the motion.

IV. CEO Update

A.

May 2025 Highlights

  • Today was the 8th Annual Career Day.
  • Fieldtrip in Fishkill, NY with programs provided by Fresh Air Fund.
  • 9th graders in Philadelphia via Amish country. 
  • As part of Strive Trip program, there was a live jazz performance.
  • Middle School State Exams are complete, expecting results in July.
  • Had first PSAT exams.
  • End of year School Review complete.
  • EOY field trips coming soon.
  • HS Career Day on May 28.
  • Facilities development is ahead of schedule, targeting spring completion.
  • Fund development update includes board prospecting and feasibility study to approach potential funders.

V. 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 7:59 PM.

Respectfully Submitted,
F. Lin