• Mark Eilers: Present
• Nicole Nelson: Present
• Lydia Tonoyan: Present
• Alexej Abyzov: Present
• Natalya Johnson: Present
• Peter Keller: Present
• Yelena Hardcopf, Executive Director, ex officio board member
• Visitors: Louis Martin, Evgeniy Serdiouk, and Marisol Serdiouk

The motion was not seconded and therefore, did not pass.

Motion by: Peter Keller
Seconded by: Lydia Tonoyan
6-0-0

1. Reports
   1. Executive Director Report
      • We completed the letter of inspection which was required by our lawyers for finalizing the lease breaches. The landlord has refused to complete repairs, therefore, the school will assume some of those responsibilities to improve the conditions.
      • Some heating issues occurred in the building, and the repairs were completed by the landlord. However, there are a few more issues that continue to persist i.e. some rooms get too cold, some get too warm, and overall, it is difficult to control the room temperatures in those classrooms.
      • The landlord will complete window repairs on 12/22/22.
      • We had a New Year’s program last week. The feedback from the community was positive overall with the exception of a song that was performed called “Russian Father Frost.” Some parents expressed concern about that song to the director. The director sent a response letter of acknowledgement and apology to the school community.
      • On Sunday 12/18/22, we had a community program/event for younger Russian-speaking students. We were able to promote the school during that time.
      • We will use Esser Funding to offer After School Tutoring to students after the winter break.
      • We are working on a contract renewal with IQS. We were initially authorized to be a K-12 school, some time over the years, the school became a K-8. We contacted our authorizer regarding this issue and were told that our current contract can be amended to reflect the K-12 change. We can do a “fast-track” and have the school’s contract reflect the “preK-12” change. We can also choose to wait and have it reflected in the next contract.

        After the Executive Director Report, a discussion regarding the New Year program and parents’ concerns was brought up by Alexej Abyzov. The director defended her position about the email that she sent to acknowledge parents’ feelings regarding a song called “Rossiskii Father Frost.” Alexej brought up that other parents were also upset. The director responded that if additional parents are upset, they need to communicate to her directly.
   2. Financial Report – November 2022
      • Fund 01
        • As of November 30, 2022 the school has received in Fund 01 a total of $549,796 of current Fiscal Year State, Federal, and Local revenues which is 28% of its current budgeted amount.
        • As of November 30, 2022 the school has expended in Fund 01 $646,175 which is 34% of its current budgeted expense.
        • Nasha Shkola ended November 2022 with a current fiscal year to date Fund 01 deficit balance (revenues received less expenditures incurred) of ($96,378).
      • Fund 02
        • As of November 30, 2022 the school has received in Fund 02 a total of $685 of current Fiscal Year State, Federal, and Local revenues which is 1% of its current budgeted amount.
        • As of November 30, 2022 the school has expended in Fund 02 $19,936 which is 29% of its current budgeted expense.
        • Nasha Shola ended November 2022 with a current fiscal year to date Fund 02 deficit balance (revenues received less expenditures incurred) of ($19,251).
      • Nasha Shkola had a total cash balance of $387,733 at the end of November 2022 reflected across all funds.
      • Nasha Shkola had a balance of $6,283 in accounts receivable at November 30, 2022.
      • There was a balance of $46,899 in current liabilities for general accounts payable and payroll liabilities at November 30, 2022. A portion of the liability is for payroll withholdings on the last day of the month which are not paid until the first days of the next month, thus they are reflected on the current balance sheet.
      • Nasha Shkola had an overall audited fund balance of $505,979 at June 30, 2022 which includes its investments in fixed assets.
      • The Adopted Budget Approved is based on 130 ADM or 135 pupil units. State aid is being paid on 135 ADM or 141 Pupil Unit. Current enrollment is 95 ADM or 97.4 P.U.