MAC Board Minutes July 23, 2012

Montessori Academy of Colorado (MAC)

2500 Curtis Street

Denver CO, 80205


Board of Directors (BOD) Meeting Minutes

July 23, 2012


Board Members in Attendance:  Ryan Blake, Zach Chenault, Jennifer Crossett, Heather Day-Richter, Bryon Farnsworth, Rebecca Hudson, Chuck Raisch, Katie van Heuven


Board Members Absent:  Christopher Bracken, Colleen Hackley, Matt Parsons


Staff:  RB Fast, Nancy James


Guests:  None


  1. 1.    Welcome
    1. Farnsworth called the meeting to order at 6:01 PM


  1. 2.    Approve June 2012 Minutes
    1. Approval of the June 25, 2012 board meeting minutes was set in motion by van Heuven and seconded by Farnsworth, all in favor (6), all opposed (0), abstain (2), absent (3) – the June, 2012 minutes were approved.


  1. 3.    Financials Update
    1. June had a negative cash flow due to expenses for the community room build-out payments.
    2. Payroll was high for the month due to the extra Primary lead headcount.


  1. 4.    Executive Director (ED) and Enrollment Report
    1. Executive Director (ED)
      1.                                           i.    Construction work at MAC is continuing.
      2.                                          ii.    Nido 3 flooded on Monday July 9th.  Permanent work to repair the drywall has been sent out for bid.
      3.                                         iii.    All work bond hours have been applied to SMART tuition invoices for July.
      4.                                         iv.    August in service has been planned and some great training sessions are planned.
  2. Enrollment Report
    1.                                           i.    Wait lists numbers are positive and consistent with what has been seen in the summer.
    2.                                          ii.    RB is preparing some manuals for the new director of enrollment and enrichment to use.


  1. 5.    Committee Updates and Reports
    1. BOD Development – BOD meet and greet will be held in August which will kick off the recruiting season.
    2. Strategic Planning – no updates.
    3. Fundraising – no updates.
    4. PMAC – A parent training session on will take place on Thursday July 26.


  1. 6.    Executive Session
    1. Entrance into executive session was set into motion at 6:24 PM by Raisch and seconded by Hudson, all in favor (8), all opposed (0), abstain (0), absent (3).
    2. Exited out of executive session was set into motion at 7:57 PM by Raisch and seconded by Farnsworth, all in favor (8), all opposed (0), abstain (0), absent (3).


  1. 7.    Other Items
    1. None.


  1. 8.    Adjourn
    1. Farnsworth adjourned the meeting at 7:58 PM.