Brian Holman provided an update on finance and enrollment. It was reported that we are stable and have the same number of students as of our last board meeting. $1M was invested in a Treasury bond at a rate of 5.4%. Day cash on hand is projected at 107.13 and debt service coverage ratio is projected at 1.26.

We recently switched from Schola to Niche to increase our canvassing with digital and social media campaigns as they are the leading 3rd party site. Our team is utilizing Facebook to research what programs are currently missing based on feedback from students that have left. All with the possibility of adding programs. The preschool will have an event on Nov 7th to tour our new F building. You are encourage to join and bring a guest to the festivities.  

Angela Eich shared strategic plans about the playbooks being codified for our future expansion plans. Templates have been created and all departments have been entering versions of each role on the same platform.  The goal is to save all playbooks in the drive to avoid accidental deletion or staff deleting after being terminated. Her assistant will be in charged of reviewing all the playbooks to make sure there is consistency and Angela Eich will be the final approver. Our website is currently under construction and should roll out by next month. An intranet is in the works for staff to utilize for future processes being built. 

The board discussed the reasoning of moving the November and December board meetings due to the holiday and possible travel plans. We should resume to normal meetings in January

 2024.