Board Retreat

January 2013

FirstLine Schools Long-Term Goals 2012-2016

Goal Target Notes

Improve student achievement

Each FirstLine K-8 school will have an AI of 100 or higher by the end of 2016 (this is averaging 100% of students Basic/Proficient and above)

State accountability system may change which may necessitate revisiting this figure.

Increase financial health and sustainability

All of our K-8 schools have a 10% fund balance (relative to annual operating expenses) by the end of FY2016

Achievement Goal SettingSchool SAI

previous yearBase Target

Upcoming YearStretch Target

Upcoming YearAdvanced Target Upcoming Year

Below 50 SAI 10 point SAI gain 15 point SAI gain 20 point SAI gain

50 – 60 SAI 9 point SAI gain 12 point SAI gain 15 point SAI gain

60 – 70 SAI 8 point SAI gain 11 point SAI gain 14 point gain

70 – 80 SAI 7 point SAI gain 10 point SAI gain 13 point gain

80 – 90 SAI 6 point SAI gain 8 point SAI gain 10 point gain

90 – 100 SAI 5 point SAI gain 7 point SAI gain 9 point gain

100 - 120 SAI 3 point SAI gain 5 point SAI gain 7 point gain

120+ SAI 2 point SAI gain 3 points SAI gain 5 point gain

Progress in 2011-12

2010-11 Preliminary

SAI

2011-12 SAIPreliminary

SAI

Gain/(Loss) Met FLS Target

Ashe 76.7 85.6 8.9 Yes: Base Target

Dibert 63.8 84.8 21 Yes: Advanced Target

Green 73.5 77.7 4.2 No

LHA 77.3 77.7 0.4 No

Clark 27.1 (SPS) 55.8 (preliminary

SPS)

28.7 (SPS) Yes: Advanced Target

Financial Goals

• All schools, except Clark, add at least 2% of annual operating expenses to long-term fund balance by end of year

Financial SustainabilityAshe Green Dibert Clark LHA FirstLine Total

FYE 2012 Fund Balance 1,494,215 468,038 245,914 93,047 400,399

(31,831)

Less Net Fixed Assets (603,766) (248,939)

(30,068) (143,571) (269,544)

(21,412)

Plus Rollover Amounts 4,912 137,193 119,778 93,381 127,451

Adjusted Fund Balance 895,361 356,292 335,624 42,857 258,306

(53,243) 1,835,197

Projected Surplus/(Deficit) 2012/13 176,776 59,838 125,554 1,336 45,550 53,006 462,060

Contingency Add Back - 98,414 90,369 - 59,871 24,002 272,656

Total addition to Surplus 176,776 158,252 215,923 1,336 105,421 77,008 734,716

Addition to Surplus as % of Operating Expense 3% 3% 4% 0% 1% 2%

Projected Adjusted Fund Balance FYE 13 1,072,137 514,544 551,547 44,193 363,727 23,765 2,569,913

Operating Expenses 5,717,879 5,576,797 5,672,561 5,373,031 7,031,413 1,150,659 30,522,340

AFB as % of Operating Expense 18.8% 9.2% 9.7% 0.8% 5.2% 2.1% 8.4%

Mission and Primary ObjectivesThe mission of FirstLine Schools is to create and inspire great open admissions public schools in New Orleans.

Our schools will prepare students for college and fulfilling careers by achieving the following primary objectives:

– College Readiness: ensuring all of our students are on track to be academically prepared for success in college and in a college preparatory high school as demonstrated by achievement, aspiration, love of learning, and confidence

– Rich variety of experiences for our students to nurture character, health, and active citizenship

– Developing the skillfulness of our staff and building sustainable organizations that facilitate our long-term success

NETWORK SIZE

• See analysis

Goals for 2012-13

• Student Achievement Goals• Financial Goals (budgets for FY14)• Board Committee Goals

Student Achievement Goals for 2012-13**scale will need to be adjusted for new accountability system

2011-12Preliminary

SAI

Base Target Gain

Preliminary SAI Base

Target

Stretch Target Gain

Preliminary SAI Stretch

Target

Ashe 85.6 6 90.6 8 93.6

Dibert 84.8 6 89.8 8 92.8

Green 77.7 7 83.7 10 87.7

LHA 77.7 7 83.7 10 87.7

Clark 55.8 (preliminary

SPS)

10 (SPS) 63.8 12 (SPS) 67.8 (SPS)

Financial Goals

• All schools, except Clark, add at least 2% of annual operating expenses to long-term fund balance by end of year

2012-13 Proposed Board Committee Goals

Governance Committee• Streamline preparation for Board meetings, including developing a side-by-side

calendar of Governance and Board meeting agenda items• Complete Roles & Responsibilities descriptions and Goals for 2012-13 for all board

committees• Create in-house tool to assess CEO performance.Development Committee• Support Director of Development in raising approximately $1.5 million (includes

$650,000 for ESY NOLA)• Increase number of donors (specifically corporations and individuals)• Support ESY NOLA, specifically for Edible Evening 2013 Advocacy Committee• System governance education and advocacy• Issue identification and advocacy• Representation at public events and on public working groups (plan)

2012-13 Proposed Board Committee Goals (cont)

Finance Committee• Consensus of FLS and Finance committee of key 13-14 budget components/goals

to be presented to board by November Board meeting. This should include:• Framework for estimating 13-14 revenues• Initial estimate of 13-14 revenues by school• Targeted expenditures per student by school after full allocation of FLS network

cost• Targeted expenditures and revenues of FLS network• Projection showing projected 6/30/14 net surplus by school and network. • Draft budget to Finance Committee for March Finance Committee meeting. Initial

report to Board at March Board meeting. • Present budget to the board at April Meeting. • Final approval of the budget at May Board Meeting.

2012-13 Proposed Board Committee Goals (cont)

Facilities CommitteeCommittee Duties:• Project future expenses related to maintenance of FLS building and grounds and

report annually to FLS Finance Committee with recommendations for long-term budgetary needs.

• Review building and grounds-related contracts, including, but not limited to, insurance, custodial and maintenance contracts

• Recommend and prioritize equipment purchases • Recommend and prioritize additions and upgrades to FLS buildings and grounds • Review bids and Request For Proposal (RFP) responses and make

recommendations consistent with FLS fiscal and procurement policies • Other facility-related functions as requested by FLS administration or the FLS Board