Board Retreat January 2013

FirstLine Schools Long-Term Goals GoalTargetNotes 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 Setting School SAI previous year Base Target Upcoming Year Stretch Target Upcoming Year Advanced Target Upcoming Year Below 50 SAI10 point SAI gain15 point SAI gain20 point SAI gain 50 – 60 SAI9 point SAI gain12 point SAI gain15 point SAI gain 60 – 70 SAI8 point SAI gain11 point SAI gain14 point gain 70 – 80 SAI7 point SAI gain10 point SAI gain13 point gain 80 – 90 SAI6 point SAI gain8 point SAI gain10 point gain 90 – 100 SAI5 point SAI gain7 point SAI gain9 point gain SAI3 point SAI gain5 point SAI gain7 point gain 120+ SAI2 point SAI gain3 points SAI gain5 point gain

Progress in Preliminary SAI SAI Preliminary SAI Gain/(Loss)Met FLS Target Ashe Yes: Base Target Dibert Yes: Advanced Target Green No LHA 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 Sustainability AsheGreenDibertClarkLHAFirstLineTotal FYE 2012 Fund Balance 1,494, , ,914 93, ,399 (31,831) Less Net Fixed Assets (603,766) (248,939) (30,068) (143,571) (269,544) (21,412) Plus Rollover Amounts 4, , ,778 93, ,451 Adjusted Fund Balance 895, , ,624 42, ,306 (53,243) 1,835,197 Projected Surplus/(Deficit) 2012/13 176,776 59, ,554 1,336 45,550 53, ,060 Contingency Add Back - 98,414 90, ,871 24, ,656 Total addition to Surplus 176, , ,923 1, ,421 77, ,716 Addition to Surplus as % of Operating Expense3% 4%0%1%2% Projected Adjusted Fund Balance FYE 13 1,072, , ,547 44, ,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 Expense18.8%9.2%9.7%0.8%5.2%2.1%8.4%

Mission and Primary Objectives The 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 Student Achievement Goals Financial Goals (budgets for FY14) Board Committee Goals

Student Achievement Goals for * *scale will need to be adjusted for new accountability system Preliminary SAI Base Target Gain Preliminary SAI Base Target Stretch Target Gain Preliminary SAI Stretch Target Ashe Dibert Green LHA Clark 55.8 (preliminary SPS) 10 (SPS) (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

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 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)

Proposed Board Committee Goals (cont) Finance Committee Consensus of FLS and Finance committee of key budget components/goals to be presented to board by November Board meeting. This should include: Framework for estimating revenues Initial estimate of 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.

Proposed Board Committee Goals (cont) Facilities Committee Committee 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