KIPP SoCal Public Schools
Minutes
KIPP SoCal Audit & Risk Committee
Date and Time
Friday December 5, 2025 at 3:00 PM
Location
1933 S. Broadway, Suite 1144, Los Angeles, CA 90007
Meeting Location: 1933 South Broadway St, Suite 1144, Los Angeles, CA 90007
Committee Members Present
C. Bermudez, H. Lord, R. Bishop (remote)
Committee Members Absent
None
Guests Present
A. Arutyunyan, David Doxey, K. Salyer, Robert Arredondo, Wade McMullen
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
II. Public Comment
A.
Public Comment: Agenda & Non-Agenda Items
III. Minutes
A.
Minutes from the Audit & Risk Committee Meetings on December 4, 2024
IV. Presentation and Discussion of the FY2024-25 Fiscal Audit
A.
Presentation and Discussion of the FY2024-25 Fiscal Audit
W. McMullen, principal auditor, from CLA presented the audited financial statements for FY2024-25. Discussion ensued, including discussion of key changes in the financial statements from the prior year, key footnotes, investments and related income, and audit testing procedures. The committee unanimously supports recommending that the Board accept and approve the audit report.
V. Closed Session
A.
Closed Session with Auditors
The audit committee members met with the auditors in closed session to discuss the audit engagement. No decisions were made and nothing to report from the closed session.
No members of the public