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Meeting of

Board of Directors

December 20, 2022

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12/20/2022�Agenda Item

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Purpose

Presenter

Notes/Materials

1. Approval of Minutes

Vote

Nik Charov

2. Election of Officers

Vote

Thorn Dickinson

NA

3. Finance Report

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Review

Nik Charov

November Financial Statements

-Balance Sheet

-Final Financial Statements

4. Executive Director’s Report

Review

Anna Klein-Christie

Executive Director’s Report

5. Public Comment

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Thorn Dickinson

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6. Executive Session: Human Resources*

Vote to Enter

Thorn Dickinson

NA

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Approval of Minutes

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Election of Officers

Nik Charov: Treasurer

Tristin Oldmixon:

Secretary

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Financial Report

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Baxter Academies of Maine - Balance Sheet summary

As of November 30, 2022,

Total Current Assets

$913,851

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Total Liabilities

$325,476

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Assets-to-Liabilities ratio

2.8

“the ratio”

Long-term Liabilities

$2,357,154

“the mortgage”

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Baxter Academies of Maine - net assets report, pg 1 of 1

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FY23 Revenues, YTD and Projected, pg 1 of 1

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FY23 Expenses, YTD and Projected, pg 1 of 5

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FY23 Expenses, YTD and Projected, pg 2 of 5

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FY23 Expenses, YTD and Projected, pg 3 of 5

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FY23 Expenses, YTD and Projected, pg 4 of 5

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FY23 Expenses, YTD and Projected, pg 5 of 5

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Executive Director’s

Report

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AREA TO WATCH (AW)

ON Track (OT)

STARTING Initiative (SI)

Board Action (BA)

Compliance:

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  • Ongoing work with Bob Kautz focused Monitoring Report, Staff Focus (OT).

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  • We are working with Howie Berger regarding the metrics to be used by the Charter Commission (proficiency, etc.) and with will be shared with Lana Ewing in January.

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AREA TO WATCH (AW)

ON Track (OT)

STARTING Initiative (SI)

Board Action (BA)

Recruitment Strategies: (review activities from 22-23 for the 23-24 year):

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  • Commence recruitment of Class of 2023 with Tuesday tours.

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  • Open House, ongoing regular tours.(SI)�
  • Expanded social media outreach.

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  • Explore New Partnerships, camps with USM Robotics and otherwise (Feb/April/Summer) (SI)

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AREA TO WATCH (AW)

ON Track (OT)

STARTING Initiative (SI)

Board Action (BA)

Academic & Admin Function/Curriculum:

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  • Math Curriculum is being reviewed to evaluate the needs of a ‘post-covid’ curriculum and 23-24 course of study is being created.(SI)�
  • Collaboration with the Robotics program - Team working in Great Room after 1/1/23. (OT)�
  • Conducting publishable research on Baxter Academy outcomes (working with Howie Berger). (SI)�
  • Auditing academic outcomes relative to Charter Commission monitoring report. (SI)�
  • Student Activities: Poetry Outloud, Open Mic, campus mural project.

Flex Friday Proposal Focus:

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AREA TO WATCH (AW)

ON Track (OT)

STARTING Initiative (SI)

Board Action (BA)

Baxter Community Owning its Space:�

  • Successful Beautification Day December 3!(SI)
  • Developing camp opportunities.
  • Mentorship with the Maine Principals Association

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Baxter Reaching out…

Student Engagement & Community Awareness

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Vigil for the Homeless

Penny Drive Fundraiser for Preble Street Resource Center raised $1171.94!

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External Partnerships:

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AREA TO WATCH (AW)

ON Track (OT)

STARTING Initiative (SI)

Board Action (BA)

Fundraising

  • Pending full Board participation (AW)
  • Annual Fundraising:
    • Letter/Appeal
    • 4 emails with video by year-end.
  • Collecting Alumni/Staff stories for 10th Anniversary - ongoing (OT)

Note: Flex Friday and Classroom Sponsors will be receiving their assigned students on January 13th.

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AREA TO WATCH (AW)

ON Track (OT)

STARTING Initiative (SI)

Board Action (BA)

Finance: (see financial reporting)

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  • Major work dedicated to revising presentation of current budget, training staff in budget management, and planning for 23-24. (Nik gets an award) (AW)

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  • Started work on 2023-24 Budget

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  • Exploring partnerships that can serve to supplement academic program needs in 23’-24.’

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  • Creating new internal budget monitoring protocols (ongoing) (SI)

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AREA TO WATCH (AW)

ON Track (OT)

STARTING Initiative (SI)

Board Action (BA)

Building/Staff Infrastructure:

  • Security breach resulting in changes in infrastructure/

protocols.(AW)�

  • Transportation from Grey has been addressed and bus overcrowding seems to be settling. (T)�
  • Building Inspection by DOL 12/20/22. (SI)

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Public Comment

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Executive Session