Yu Ming Charter School

Minutes

Board of Directors Regular Meeting

Date and Time

Thursday March 9, 2023 at 4:30 PM

Location

  • In person: 675 41st Street, Oakland, CA 94609
  • Teleconference Location 1: 2688 Becard Ct, Pleasanton, CA 94566
  • Teleconference Location 2: 25 Agnes Street, Oakland, CA 94618
  • Teleconference Location 3: 1349 Valencia Ave, Stockton, CA 95209
  • Zoom Meeting

The Board of Directors (“Board”) and employees of the Yu Ming Charter School shall meet in person and via the Zoom meeting platform. Members of the public who wish to access this Board meeting remotely may do so at:

https://yumingschool.zoom.us/j/85266977450?pwd=WUVRKzA0eWpXMFhRbWVVS0oxK1pPZz09

Meeting ID: 852-6697-7450

Password: 321147

Dial by your location

     (646) 876 9923 (New York)

     (646) 931 3860

     (301) 715 8592 (Washington DC)

     (312) 626 6799 (Chicago)

     (253) 215 8782 (Tacoma)

     (346) 248 7799 (Houston)

     (408) 638 0968 (San Jose)

     (669) 444 9171

     (669) 900 6833 (San Jose)

 

Directors Present

B. Thompson, C. Hatton, J. Henry, J. Norman (remote), K. Brown, M. McDaniel (remote), R. Lee, Y. Yeh

Directors Absent

A. Mumby, G. Borden, J. Schorr

Guests Present

E. Wood (remote), F. Sassin (remote), M. Andrejko

I. Opening Items

A.

Call the Meeting to Order

R. Lee called a meeting of the board of directors of Yu Ming Charter School to order on Thursday Mar 9, 2023 at 4:47 PM.

B.

Record Attendance and Guests

It was noted that Y. Yeh joined from the same address as the in-person meeting but in a different space, due to illness.

C.

Approve Agenda

C. Hatton made a motion to approve the agenda with removal of fiscal policies (tabled).
J. Henry seconded the motion.
The board VOTED unanimously to approve the motion.
Roll Call
R. Lee
Aye
A. Mumby
Absent
C. Hatton
Aye
J. Henry
Aye
M. McDaniel
Aye
B. Thompson
Aye
J. Schorr
Absent
G. Borden
Absent
Y. Yeh
Aye
K. Brown
Aye
J. Norman
Aye

II. Invitation to the Public to Address the Board

A.

Public Comment on Non-Agenda Items

There were members of the public and no public comments on non-agenda items.

III. Consent Agenda

A.

Approval of Consent Agenda

B. Thompson made a motion to approve the consent agenda.
C. Hatton seconded the motion.
The board VOTED unanimously to approve the motion.
Roll Call
Y. Yeh
Aye
A. Mumby
Absent
K. Brown
Aye
J. Henry
Aye
J. Schorr
Absent
J. Norman
Aye
B. Thompson
Aye
C. Hatton
Aye
G. Borden
Absent
M. McDaniel
Aye
R. Lee
Aye

B.

Feb 16 Board Special Meeting Minutes

B. Thompson made a motion to approve the minutes from Board of Directors Regular Meeting on 02-16-23.
C. Hatton seconded the motion.
The board VOTED unanimously to approve the motion.
Roll Call
J. Schorr
Absent
A. Mumby
Absent
R. Lee
Aye
C. Hatton
Aye
M. McDaniel
Aye
J. Norman
Aye
J. Henry
Aye
Y. Yeh
Aye
K. Brown
Aye
B. Thompson
Aye
G. Borden
Absent

C.

Jan Check Registers

D.

FY22-23 and FY 23-24 Auditor Selection

E.

Revision of Fiscal Policies

F.

Revision of Enrollment and Public Random Drawing Policy

G.

Revision of Bylaws

H.

Form 700 Reminder

IV. CEO Report, including:

A.

Strategic Plan Progress Report

E. Wood presented the progress report.

V. Finance Committee

A.

January Financial Report

F. Sassin presented the report.

B.

2nd Interim Report

F. Sassin presented the 2nd interim.

There was a question related to next year's budget and the COLA increase.

C. Hatton made a motion to approve the 2nd interim.
Y. Yeh seconded the motion.
The board VOTED unanimously to approve the motion.
Roll Call
R. Lee
Aye
J. Schorr
Absent
Y. Yeh
Aye
K. Brown
Aye
G. Borden
Absent
C. Hatton
Aye
M. McDaniel
Aye
J. Henry
Aye
A. Mumby
Absent
J. Norman
Aye
B. Thompson
Aye

C.

Line of Credit Renewal and Increase

Y. Yeh presented this update. There is a need to increase the LOC to reflect the growth of Yu Ming (rule of thumb: cover a month of operating expenses). The Finance Committee supports an increase from $500K to $1M. There's an annual fee of $1250, which remains the same with the increase. It was noted that R. would have to sign the paperwork, scan it, and send to the bank. It was noted that C. Hatton is the new Board Secretary for this transaction.

K. Brown made a motion to approve the increase.
J. Henry seconded the motion.
The board VOTED unanimously to approve the motion.
Roll Call
J. Henry
Aye
J. Norman
Aye
K. Brown
Aye
C. Hatton
Aye
A. Mumby
Absent
R. Lee
Aye
M. McDaniel
Aye
G. Borden
Absent
B. Thompson
Aye
Y. Yeh
Aye
J. Schorr
Absent

VI. Funds Committee

A.

General Committee Update

B. Thompson presented the update.

VII. Enrollment & Diversity Committee

A.

General Committee Update

K. Brown presented the update.

VIII. Other Items of Business

A.

Board Self-Assessment Update

C. Hatton went over the Board's self-assessment ratings. Key improvement areas include assessment of our own Board meetings, job descriptions for Board/CEO, recruitment pipeline, accountability against our goal, financial policies and procedures, strategic plan, succession planning.

 

 It was noted that some of this pertains to education of the Board.

B.

CEO Evaluation Update

R. Lee presented this update. The CEO evaluation will start tomorrow via Board on Track, to be completed by the June board meeting. 

R. Lee plans to recruit a couple of Board members to review the questions.

The CEO will complete their self-eval, then the Board to do theirs, review, discuss and report out.

There was a suggestion to leverage the process to develop something to pass along to her successor since this is her last year.

R. Lee also went over the timeline for the CEO recruitment process, suggesting an interview on March 24.

IX. Closing Items

A.

Review of Action Items and Future Agenda Items

  • Fiscal policies
  • CEO evaluation
  • Board self-evaluation

B.

Adjourn Meeting

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 5:43 PM.

Respectfully Submitted,
R. Lee