Board Engagement 

• $35,770 raised to date by the board 
• Board involvement in four school events in May

2026 - 2027 Candidates for Board Officers 

• Stephanie Madlinger: Chair
• Rebecca Langrall: Vice Chair
• Gary Stevenson: Treasurer

New Dates for Board Meetings see notes

Governance Meeting will move to (1st Tuesday) beginning in July

School Performance (2nd Tuesday)

August 1, 2026 Board Retreat Delmar Divine 9-3pm

64 Days of Cash on Hand

257K decrease in revenue due mainly to not receiving CSP income, which affected 4% Gross Margin.  Should receive $151 K in May or June.

CSP

We have $985,269.00 to spend in AY 27 and it needs to be spent, so the Board needs to monitor reimbursement process monthly. 

It can pay for anything related to the expansion of our school, percentage of salary, Professional Development, curriculum associated with adding new grade levels or expanding to more classes per grade.

Budget: 

Largest expenses are food, transportation, salary and health care. Still awaiting CSP reimbursements before finalizing.

Rubrics have been designed to produce meaningful growth: See Notes with links to descriptions. 

Are intended to be iterative based on priorities and emerging needs.  
 

Should provide dated PDFs for next month's board approval.

Board Officer slate will become part of the next month's Consent Agenda.

Adopted language that says positions carry a 1-year term; with officers eligible to run for re-election and outgoing officers agreeing to support incoming officers for the coming year.

Revisions to the Board/TLS Compact include: 

-Ensuring that Board members are aware of all public facing events and made aware of all critical financial events.

-When making mistakes to take responsibility and make a plan to address/avoid in the future.

See highlighted document for further details.

Governance Action Items: 

Review the School Closure and Dissolution Roadmap 

Every school has to have $75,000 in escrow.

3-day, 30-day, 90-day requirements around communication, continuation of academic program, close out of financials, maintenance of records distributed across the Board Chair, the ED, the Director of Operations, the Commission.

• 89.6% YTD Attendance
• Wayfinder End of the Year 3-5th grade data: Self-awareness (4.0), Agency (4.1), Collaboration (3.9)
• Student Retention rate = > 85% for each grade.
• Enrollment numbers are increasing; we currently have 109 applications, which is far ahead of where we were a year ago at this time.
• Staff retention 37/41=90% and teacher 23/24=96%
• iReady Growth and Proficiency data show significant gains within and across years in both math and reading: see ED Report