1. Call to Order, Roll Call and Recognition of Visitors
   • Mark Eilers: Present (online)
   • Nicole Nelson: Present
   • Lydia Tonoyan: Present
   • Natalya Johnson: Present
   • Peter Keller: Absent
   • Mary Moen: Present
   • Yelena Hardcopf, Executive Director, ex officio board member
   • Visitors: Paul Kinsley, Walt Stall
2. Conflict of interest check
   There is no conflict of interest.
3. Approval of the Agenda for this meeting
   Motion to approve the agenda
   Motion by: Mary Moen
   Seconded by: Lydia Tonoyan
   5-0-0 (Mary, Lydia, Natalya, Mark, Nicole – 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. Reports
   1. January 2024 Financial Report
      • Fund 01
        • As of January 31, 2024 the school has received in Fund 01 a total of $812,111 of current Fiscal Year State, Federal, and Local revenues which is 50% of its current budgeted amount.
        • As of January 31, 2024 the school has expended in Fund 01 $927,104 which is 55% of its current budgeted expense.
        • NS ended January 2024 with a current fiscal year to date Fund 01 deficit balance (revenues received less expenditures incurred) of ($114,993).
      • Fund 02
        • As of January 31, 2024 the school has received in Fund 02 a total of $46,915 of current Fiscal Year State, Federal, and Local revenues which is 75% of its current budgeted amount.
        • As of January 31, 2024 the school has expended in Fund 02 $49,509 which is 79% of its current budgeted expense.
        • NS ended January 2024 with a current fiscal year to date Fund 02 deficit balance (revenues received less expenditures incurred) of ($2,594).
      • Fund 04
        • As of January 31, 2024 the school has received in Fund 04 a total of $380 of current Fiscal Year State, Federal, and Local revenues which is 32% of its current budgeted amount.
        • As of January 31, 2024 the school has expended in Fund 04 $550 which is 47% of its current budgeted expense.
        • NS ended January 2024 with a current fiscal year to date Fund 04 deficit balance (revenues received less expenditures incurred) of ($170).
      • General notes:
        • NS had a total cash balance of $110,769 at the end of January 2024 reflected across all funds.
        • NS had a balance of $8,942 in accounts receivable at January 31, 2024.
        • There was a balance of $79,867 in current liabilities for general accounts payable and payroll liabilities at January 31, 2024. 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.
   2. Executive Director report
      • Current enrollment is 108 students
      • Quarter 2 is finished
      • Winter NWEA testing is complete. This assessment was given primarily to ELLs and lower academic students to track their progress.
      • ACCESS testing has started for 60 students.
      • Parent-teacher conferences were held on Friday, February 16th. Parents were given a choice to attend online or in-person.
      • Most families opted for online conferences.
      • The Food Audit is closed. The corrective actions detailed in the response were sufficiently addressed.
      • A renewed contract with MDE has been received. There are a few elements that require clarification – IQS will be involved to help address those areas.
      • Staffing updates: a new 3rd grade teacher has been hired; a part-time Russian language teacher has been hired to work with students for whom Russian is a foreign language; a full-time para-professional has been hired as well to work with the K-2 grades. A counselor has been contracted through Designs for Learning to work with students who need discipline and counseling services.
6.  Consent Agenda
   1. Minutes of January 16, 2024 Board meeting
   2. Financials January 2024
   3. New hires:
      Lisa Fancher 1.0 FTE 3rd grade Classroom Teacher
      Violetta  Khaydarova 0.5 FTE Russian Language Teacher
      Svitlana Sirotkina 1.0 FTE GenEd/SpEd Paraprofessional

      Motion to approve the consent agenda
      Motion by: Mark Eilers
      Seconded by: Mary Moen
      5-0-0 (Mary, Lydia, Natalya, Mark, Nicole – all in favor)

7. Old Business
   1. NS Employee Handbook update. Additional revision 02/2024
      Motion to approve the NS Employee Handbook with the update.
      Motion by: Natalya Johnson
      Seconded by: Mary Moen
      5-0-0 (Mary, Lydia, Natalya, Mark, Nicole – all in favor)
8. New Business
   1. Review and update board policies:
      Policy 7.1 Segregation of Duties
      Policy 7.2.1 Board Approval of Vendor Contracts
      Policy 7.2.2 Bidding for Services from Authorizer
      Policy 7.3.1 Electronic Transfer of Funds
      Policy 7.3.2 Expense and Reimbursement for Board and Employees

      Motion to approve Policy 7.1, 7.2.1, 7.2.2, 7.3.1, 7.3.2
      Motion by: Mark Eilers
      Seconded by: Lydia Tonoyan
      5-0-0 (Mary, Lydia, Natalya, Mark, Nicole – all in favor)

   2. Director Evaluation
      • Director Evaluation results will be presented at a later board meeting.
      • Staff and student survey questionnaires will be reviewed by a parent/staff committee prior to being conducted.
   3. FY24 contracts with private contractors/vendors: transportation contract
      • Meetings to discuss and secure contracts for next school year will take place in March.
9. Other
   Mary Moen inquired about any updates about the marketing plan. Currently, there is no update.
10. Adjourn
    Motion to adjourn
    Motion by: Mark Eilers
    Seconded by: Mary Moen
    5-0-0 (Mary, Lydia, Natalya, Mark, Nicole – all in favor)

Next Board Meeting:
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.