1. Call to Order, Roll Call and Recognition of Visitors
   • Mark Eilers: Present
   • Lydia Tonoyan: Present
   • Natalya Johnson: Present
   • Peter Keller: Present
   • Mary Moen: Present
   • Yelena Hardcopf, Executive Director, ex officio board member
   • Visitors: None
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: Natalya Johnson
   Seconded by: Peter Keller
   (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. Reports
   1. Executive Director Report
      • Quarter 1 is completed.
      • Current enrollment is 135 students in grades PreK-8.
      • An audit for Title II funding ($9,000) from last year is taking place – the funds were for professional development
      • Russian Language Olympiada (Russian Bear Cub) took place for students in grades 3 and up.
      • Middle School staff began professional development in student engagement professional development
      • IQS will revise NS Score Card
      • Director will review the school website to ensure compliance.
      • Board development plan is being developed.Financial Report
   2.  Financial Report
      • Fund 01
        • As of October 31, 2024 the school has received in Fund 01 a total of $571,639 of current Fiscal Year State, Federal and Local revenues which is 34% of its current budgeted amount.
        • As of October 31, 2024 the school has expended in Fund 01 $521,337 which is 31% of its current budgeted expense.
        • Nasha Shkola Charter School ended October 2024 with a current fiscal year to date Fund 01 positive balance (revenues received less expenditures incurred) of $50,302.
      • Fund 02
        • As of October 31, 2024 the school has received in Fund 02 a total of $17,427 of current Fiscal Year State, Federal, and Local revenues which is 20% of its current budgeted amount.
        • As of October 31, 2024 the school has expended in Fund 02 $28,971 which is 33% of its current budgeted expense.
        • Nasha Shkola Charter School ended October 2024 with a current fiscal year to date Fund 02 deficit balance (revenues received less expenditures incurred) of ($11,545).
      • Fund 04
        • As of October 31, 2024 the school has received in Fund 04 a total of $0 of current Fiscal Year State, Federal and Local revenues which is 0% of its current budgeted amount.
        • As of October 31, 2024 the school has expended in Fund 04 $319 which is 26% of its current budgeted expense.
        • Nasha Shkola Charter School ended October 2024 with a current fiscal year to date Fund 04 deficit balance (revenues received less expenditures incurred) of ($319).
      • General notes:
        • Nasha Shkola had a total cash balance of $150,622 at the end of October 2024 reflected across all funds.
        • Nasha Shkola had a balance of $2,470 in accounts receivable at October 31, 2024.
        • There was a balance of $117,130 in current liabilities for general accounts payable and payroll liabilities at October 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.
6. Consent Agenda
   1. Minutes of October 15, 2024 Board meeting
   2. Financials October 2024

      Motion to approve the consent agenda
      Motion by: Peter Keller
      Seconded by: Mary Moen
      (5-0-0 all in favor)

7. Old Business
   1. FY25 Budget updated

      Motion to adopt the FY25 Budget updated
      Motion by: Lydia Tonoyan
      Seconded by: Mary Moen
      (5-0-0 all in favor)

   2. Student Transportation Agreement approval: American Student Transportation

      Motion to approve the student transportation agreement approval
      Motion by: Mary Moen
      Seconded by: Lydia Tonoyan
      (5-0-0 all in favor)

   3. Strategic Plan update
8. New Business
   1. NS Annual Report 2023-24 – posted on school website
   2. NS WBWF Report 2023-24 – posted on school website
   3. Board assessment and development plan -will be presented at December Board Meeting
9. Other
10. Adjourn

    Motion to adjourn
    Motion by: Peter Keller
    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.