1. Call to Order, Roll Call and Recognition of Visitors
   • Mark Eilers: Present
   • Natalya Johnson: Present
   • Lydia Tonoyan: Present
   • Peter Keller: Absent (schedule conflict)
   • Mary Moen: Present
   • Rebecca Hodus: Present
   • Yelena Hardcopf, Executive Director, ex-officio board member
   • Visitors: Alul Yesak (IQS), Angela Reali Crossland (IQS)

     All board members voted by roll call.

2. Conflict of interest check
   There is conflict of interest.
3. Approval of the Agenda for this meeting
   Motion to approve the agenda
   Motion by: Rebecca Hodus
   Seconded by: Mark Eilers
   (5-0-0 all in favor)
4. Read the Nasha Shkola Mission and Vision
   Mission: Nasha Shkola aspires to be a multi-cultural charter school committed to exceptional education in all areas of academic inquiry with an emphasis on Russian Language and Culture, providing structured and responsive learning environment based upon educational best practices for all students and their families.
   Vision: To be an academically rigorous school preparing students for continued success as motivated learners and global citizens.
5. Board Training (Instructional Designs, Inc.)
   1. Financial Oversight of Fund Balance
   2. Student Discipline
   3. Key Employment Policies
6. Reports
   1. Financial Report: January 2026
      • Fund 01
        • As of January 31, 2026 the school has received in Fund 01 a total of $1,065,821 of current Fiscal Year State, Federal, and Local revenues which is 50% of its current budgeted amount.
        • As of January 31, 2026 the school has expended in Fund 01 $1,011,124 which is 51% of its current budgeted expense.
        • Nasha Shkola Charter School ended January 2026 with a current fiscal year to date Fund 01 positive balance (revenues received less expenditures incurred) of $54,697.
      • Fund 02
        • As of January 31, 2026 the school has received in Fund 02 a total of $70,167 of current Fiscal Year State, Federal, and Local revenues which is 58% of its current budgeted amount.
        • As of January 31, 2026 the school has expended in Fund 02 $74,221 which is 61% of its current budgeted expense.
        • Nasha Shkola Charter School ended January 2026 with a current fiscal year to date Fund 02 deficit balance (revenues received less expenditures incurred) of ($4,054).
      • Fund 04
        • As of January 31, 2026 the school has received in Fund 04 a total of $1,387 of current Fiscal Year State, Federal, and Local revenues which is 53% of its current budgeted amount.
        • As of January 31, 2026 the school has expended in Fund 04 $1,223 which is 47% of its current budgeted expense.
        • Nasha Shkola Charter School ended January 2026 with a current fiscal year to date Fund 04 positive balance (revenues received less expenditures incurred) of $163.
      • General notes:
        • Nasha Shkola Charter School had a total cash balance of $474,965 at the end of January 2026 reflected across all funds.
        • Nasha Shkola Charter School had a balance of ($1,654) in accounts receivable at January 31, 2026.
        • There was a balance of $56,340 in current liabilities for general accounts payable and payroll liabilities at January 31, 2026. 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.
        • The Revised Budget is based on 140 ADM/pupil units. State aid is being paid on 139.4 ADM and 142.6 Pupil Units. Current ADM is at 145/148 PU.
   2. Executive Director report
      • Current ADM is 148 Pupil Units.
      • 2 students unenrolled due to ICE-related situations; 1 additional student moved to a different school with no explanation; 2 students have been unenrolled due to the Family and Medical Leave Act.
      • Student attendance has been impacted by ICE-related activities; 2 additional students will be unenrolled due to an extended family vacation – these students are expected to re-enroll upon their return.
      • Staffing update: one teacher has returned from Family Paid Leave; an additional teacher has started her Family Leave this week; one teacher has asked for an extension to her Family and Medical Leave Act. This has resulted in hiring substitute teachers.
      • Discipline data: we are dealing with a lot of unrest in the middle school grades due to the inconsistency in substitutes.
      • To cover the third grade teacher’s extended Family Paid Leave, Director Hardcopf is internally substituting by teaching ELA, Social Studies and Science, Mrs. Eyres is teaching Phonics and small group reading instruction, and Mrs. Johnson is teaching math.
      • ACCESS testing has begun. About 60 students are currently being assessed.
      • Parent-teacher conferences will take place on Friday, February 20th, 2026. Parents and families will have the option to meet online and in-person.
        The school has been registered for a job fair at St. Mary’s University.
7. Consent Agenda
   1. Minutes of January 20, 2026 Board meeting
   2. Financials January 2026
      Motion to approve the consent agenda
      Motion by: Mary Moen
      Seconded by: Rebecca Hodus
      (5-0-0 all in favor)
8. Old Business
   1. IQS mid-year review
   2. Lease 2026-27
   3. Strategic planning / future development of educational programs
      • MN paid leave impact on school programming and staffing
      • Staffing needs and middle school
      • Intent to return – for students and staff (early survey)
      • Administrative needs
   4. Annual meeting and recruiting new board members
      • One parent-board member position, two teacher board-member positions and two community-board member positions will be open at the next election.
   5. Review and update board policies:
      • Policy 5.5.7 Student Transportation and School Bus Safety Policy
      • Policy 5.5.8 Student Medicine in School
      • Policy 5.5.9 Weapons on School Grounds

        Motion to approve Policy 5.5.7, 5.5.8, and 5.5.9
        Motion by: Natalya Johnson
        Seconded by: Lydia Tonoyan
        (5-0-0 all in favor)

9. Other
10. Adjourn
    Motion to adjourn at 8:14pm.
    Motion by: Natalya Johnson
    Seconded by: Mary Moen
    (5-0-0 all in favor)

The Nasha Shkola Board meets the 3rd Tuesday of each month at 6:30PM.
The Finance Committee meets at 5:30PM prior to the board meeting.
See the Nasha Shkola web page for the agenda and minutes of meetings.