April YTD Financials

• Enrollment budget vs. actual: Variances for middle school, high school and special ed was reviewed by Janeya from EdTech.
• Budget vs. actual revenues: Grants on track. Contributions greater than expected due to capital campaign.
• Budget vs. actual expenses: Lower than expected due to hiring decisions and upcoming expenses and updated facility expenses.
• FY Budget vs. Forecast, Balance Sheet and Cash Flow also reviewed.

Proposed Budget for 2027

• Next year we're expecting to end the year at a similar net income.
• Reviewed an enrollment sensitivity analysis.

General Updates

• Updates about new high school building development.
• Staff recognized for their time with Forte Prep, including varsity jackets for people who have been with FP for 7+ years.
• Shared documentary with entire staff for the first time.

FP 2026 Premiere Fundraising Event Report

• Came very close to reaching FP's fundraising goal.
• Review of funder composition and corresponding donation percentages.
• Reviewed what worked, what did not work and lessons learned.

Next steps

• Current campaign tactics include sharing weekly segments fo the documentary via email.
• Public phase of the campaign will be officially launched soon.
• Also added sponsorship page on website, including sponsorship of classrooms.
• Looking for in-kind donations (e.g., for outdoor furniture, artwork).

Board proposed to meet a little earlier going forward at 6:00 PM, instead of 6:30 PM.

Board members committing to attend meetings in-person through the end of the year.

We will be kicking off the annual CEO evaluation, which will be ready in June, for discussion during the June board meeting.