Forte Preparatory Academy
Minutes
Forte Prep Board Meeting
Date and Time
Wednesday December 21, 2022 at 6:00 PM
Location
- 51-35 Reeder Street (Forte Prep)
- CLEAR Offices: 65 East 55th Street (Btwn Madison and Park), 16th floor
- Zoom
Directors Present
A. Rothman (remote), C. Padula, E. Winn, F. Lin, K. Mullen (remote), L. Friscia, L. Mendez, L. Rodriguez (remote), W. Yip
Directors Absent
D. Moskowitz, V. Abrams
Ex Officio Members Present
G. Browne (remote)
Non Voting Members Present
G. Browne (remote)
Guests Present
B. Johnson (remote), Justin Smith (remote), L. Rich (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
II. Finance
A.
Review Financial Update
III. Academic Excellence
A.
Committee Update
No updates.
IV. Development
A.
Committee Update
Great results from December event.
Board spend on food and drinks was $700. Offset by contributions, so cost was ~$300. Small impact on overall raise
V. ED Update
A.
General Update
Forte Prep had first dance this week.
Working to build academic foundation for students.
Recently had winter talent show.
SUNY approved HS proposal and charter amendment.
HS forward looking plan for incubator facility, long-term facility, fund development and hiring.
Early Jan interview with WFF for emerging network program - money to help fund HS for next few years
Interview campus director candidates - recent finalist day.
Ways to support - sharing job postings, career immersion opportunities, board member with career readiness experience/industry in hiring young high school or college graduates
Thank you to Lisa for her years of service to FP!
October financials.
Based on 330 enrollment although numbers have since increased
YTD variance of $79,280
Balance sheet remains strong
Dashboard is healthy
Finance committee is considering putting reserves into interest bearing account with interest rates rising.