Forte Preparatory Academy
Minutes
Board Meeting
Date and Time
Wednesday December 11, 2024 at 5:00 PM
Location
In Person Meeting location 333 Seventh Avenue, 11th Floor
Join Zoom Meeting: https://zoom.us/j/94001336885?pwd=K1AvOWN4MWM3U3VoSytQNkU5U1NDZz09
Directors Present
E. Winn, F. Lin, J. Cordero, J. Schilling, K. Mullen, L. Mendez, L. Rodriguez, S. Song, V. Abrams, W. Yip
Directors Absent
None
Ex Officio Members Present
G. Browne
Non Voting Members Present
G. Browne
Guests Present
Alejandra Espinosa, Janeya Hisle (remote)
I. Opening Items
A.
Call the Meeting to Order
B.
Record Attendance
C.
Approve Nov Board minutes
II. Finance Committee
A.
Review Oct actuals (EdTec)
III. CEO updates
A.
SY 24-25 progress updates
Graham has been invited to join a special cohort from the Pahara Institute around Wellness/Vitality. Thus far very rewarding experience.
COO search is ongoing; FPA will be using an external search firm to find new candidates. In the meantime Graham and team will work with an interim COO.
Update from the Governance Committee
- Fiona will be rolling off the Board and her Chair role early in the new year.
- Ellen has raised her hand as a possible candidate.
- We're looking for a Secretary and Treasurer.
Janeya from EdTec reviewed finances as of 10/31/24.
Enrollment numbers for middle school are stable.
Grants from Summer Boost, New Schools Venture Fund, and Charter School Growth Fund have all been received.
Forecasted to end the year positively.
Average cash flow about three months of expenses, which is the industry standard.