Welcome and Call to Order

The meeting will be called to the order.

Approval of Agenda

So that there is agreement between board members on the agenda, and the amount of time spent on the meeting, the board shall vote to approve an agenda for the meeting. To the best of its ability, it will follow that agenda, and allow for the chair to move the board through the agenda as specified.

Approval of Minutes

Discussion RE: Academic Committee

Academic / Recruitment - Review academic dashboard, which includes schoolwide enrollment, attendance averages, demographic data, RHCS entry year, attrition rate and reason for both students and staff, school climate indicators, parent engagement indicators, and staff engagement indicators. Enrollment FY22. 

-Enrollment Update

• Under-enrolled
• SCSC may waive the enrollment metric due to COVID impact

-Application Submission Update- 32 applications submitted

-Q1 MAP & STEP DATA by grade level

• Pandemic impact
• Starting conversations around the discrepancy between STEP and MAP data

-Bellwether Partnership + CSGF Partnership

• Highest potential organizations invited to SGI- Strategic Growth Institute
• $40K of the cost covered by CSGF
• $30K covered by RHCS (CSP Funds)

Discussion RE: Finance Committee

Presentation includes monthly financial presentation, balance sheet, budget vs. actuals, cash flow, income statement, YTD credit card register, financial workbook, September financials, September bank reconciliations and registers -which includes all banking accounts, credit cards, and checks. Review of FY22 Balance Sheet.

-September Financials

• 138K Increase to operating income vs budget
• 202K Increase to projected operating income vs previous forecast
• Projecting average cash balance of 2.8M per remaining month in FY22
• On track to receive 90/100 financial performance points
• Sub-debt lender
• RHMA bank account

-Bambo meeting

• Recommended to house both schools under the same tax id but it does not negate the need for separate bank accounts
• Allocation of utilities and mortgage- use the most flexible method and revisit it annually
• Recommended to make an addition to the financial policy around reporting
• Questions around payroll regarding paylocity… may have to create a joint account
• Only one entity can report to TRS
• Next steps: Meet w/John (commercial insurance) and Chris (liability)

Discussion RE: Governance

Review board membership, board recruitment, board fundraising progress, and the review of policies that govern Resurgence Hall.

-Board Engagement

• Defining what excellence looks like at the Board level
• Attendance at monthly meetings & special events
• Adherence to training requirements
• Using special skills and expertise to hone in on special projects
• Meeting and exceeding annual board member give & get contribution

-Attendance

• Bylaws stipulate- at least 10 other regular meetings each year, annual meeting 4th Q of the fiscal year (retreat)
• Special events- College Signing Day, Storybook Character Day, Wall Card Day, Homecoming, Feast of Thanks, Semester
• Ceremonies, Field Day, Donor events, and more!

-Training

• Two parts
• In-person Session (11/10 Callaway Gardens, 2/9 UGA, 4/13 Loudermilk) 9 hours
• Recommend attending 4/13 session
• Virtual Session (12/7, 1/25, 3/23) 3 hours
• Recommend attending 12/7
• The consequence of not attending- School will be charged

-Special Projects/Committees

• Lending our expertise to strategic projects to further the mission i.e. real estate acquisition

-Investments

• FY22 Board Member Give & Get
• A recurring question on every grant application
• Board member contribution requirement
• % Board contributes annually

-Recruitment

• Able to articulate the work and requirements of board members
• Interested? Experience RHCS> Engage w/RHCS> Meet the Team> Join the Team
• Looking for someone who has expertise in health and government affairs

Adjournment

The Meeting was Adjourned

The meeting adjourned at approximately 1:36 pm