1. Call to Order, Roll Call and Recognition of Visitors
   • Mark Eilers: Present (online – medical reason)
   • Natalya Johnson: Present
   • Lydia Tonoyan: Present
   • Peter Keller: Present
   • Mary Moen: Present
   • Rebecca Hodus: Present
   • Yelena Hardcopf, Executive Director, ex-officio board member
   • Visitors: Lisa Hasledalen (online), Kevin Johnson

     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: Lydia Tonoyan
   Seconded by: Natalya Johnson
   (6-0-0 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. Reports
   1. Financial Report: December 2025
      • Fund 01
        • As of December 31, 2025 the school has received in Fund 01 a total of $915,987 of current Fiscal Year State, Federal, and Local revenues which is 50% of its current budgeted amount.
        • As of December 31, 2025 the school has expended in Fund 01 $828,002 which is 47% of its current budgeted expense.
        • Nasha Shkola Charter School ended December 2025 with a current fiscal year to date Fund 01 positive balance (revenues received less expenditures incurred) of $87,986.
      • Fund 02
        • As of December 31, 2025 the school has received in Fund 02 a total of $57,360 of current Fiscal Year State, Federal, and Local revenues which is 48% of its current budgeted amount.
        • As of December 31, 2025 the school has expended in Fund 02 $61,482 which is 51% of its current budgeted expense.
        • Nasha Shkola Charter School ended December 2025 with a current fiscal year to date Fund 02 deficit balance (revenues received less expenditures incurred) of ($4,121).
      • Fund 04
        • As of December 31, 2025 the school has received in Fund 04 a total of $1,387 of current Fiscal Year State, Federal, and Local revenues which is 97% of its current budgeted amount.
        • As of December 31, 2025 the school has expended in Fund 04 $1,040 which is 73% of its current budgeted expense.
        • Nasha Shkola Charter School ended December 2025 with a current fiscal year to date Fund 04 positive balance (revenues received less expenditures incurred) of $347.
      • General notes:
        • Nasha Shkola Charter School had a total cash balance of $476,517 at the end of December 2025 reflected across all funds.
        • Nasha Shkola Charter School had a balance of ($1,436) in accounts receivable at December 31, 2025.
        • There was a balance of $24,705 in current liabilities for general accounts payable and payroll liabilities at December 31, 2025.
        • The Adopted Budget is based on 125 ADM/pupil units.
        • State aid is being paid on 139.4 ADM and 142.6 Pupil Units.
        • Current ADM is at 146/149 PU.
        • Revised budget is based on 140 ADM.
   2. Executive Director report
      • ICE impact on school operations: attendance and enrollment
      • Enrollment update: 1 middle school student has enrolled in a different school and 2 students are to be enrolled in homeschool for the next month.
      • Staffing update: 2 teachers are on Paidl Leave for one month, and 1 more teacher is planning to take up to 12 weeks through PFML.
      • The last day of Quarter 2 is Friday, January 23rd.
      • ACCESS testing will begin in February.
      • The Winter Benchmarking will be finished by the end of January.
6. Consent Agenda
   1. Minutes of December 16, 2025 Board meeting
   2. Financials December 2025Motion to approve the consent agenda
      Motion by: Mark Eilers
      Seconded by: Mary Moen
      (6-0-0 all in favor)
7. Old Business
   1. FY26 Working budget revision
      Motion to approve the FY26 Working budget revision
      Motion by: Mary Moen
      Seconded by: Lydia Tonoyan
      (6-0-0 all in favor)
   2. 3-year budget projection FY26-29
   3. ICE activity: school attendance and instructional options
      The school board will process the absences as excused under the “family emergency” reason through January 27.
      After 15 consecutive missed school days, student(s) will be unenrolled based on MN state law.
      The school will remain in-person and does not have the capacity to provide Distance or online learning.
8. New Business
   1. Review and update board policies:
      • Policy 5.5.1 Chemical Use and Abuse
      • Policy 5.5.2 Drug Free Workplace Drug Free School
      • Policy 5.5.3 Tobacco Free Environment
      • Policy 5.5.4 Concussion Management (archive)
      • Policy 5.5.5 Communicable Diseases and Infections
      • Policy 5.5.6 Allergies

        Motion to approve Policies 5.5.1, 5.5.2, 5.5.3, 5.5.5, 5.5.6 and to archive Policy 5.5.4
        Motion by: Mark Eilers
        Seconded by: Mary Moen
        (6-0-0 all in favor

9. Other
10. Adjourn
    Motion to adjourn at 7:33pm.
    Motion by: Mary Moen
    Seconded by: Mark Eilers
    (6-0-0 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.