1. Board of Directors Meeting
April 13, 2016

2. Key decisions and actions
Executive summary
Key accomplishments
Current hurdles
Key accomplishments = new $20K grant from Nurmi Family Foundation
Key decisions and actions

3. Agenda AGENDA ITEM TIME Intro and approval of minutes 5 min
Dashboard overview
Initiatives deep dive
15 min
Finances deep dive
Organization deep dive
10 min
Program deep dive
Recap and next steps
Key Strategic Question: How do we raise capital to support increased scale in FY2017?

4. We will use an indicator system in the upper right corner to guide the purpose of each slide
Inform
Discuss
Approve/Vote

5. Approve the minutes
Approve/Vote
Approve minutes
Sent out via

6. Agenda AGENDA ITEM TIME Intro and approval of minutes 5 min
Dashboard overview
Initiatives deep dive
15 min
Finances deep dive
Organization deep dive
10 min
Program deep dive
Recap and next steps

7. Dashboard Overview Inform Finance PROGRAM >
Goal type
Target
Embarc school average
FY achieved
YTD achievement
Status
Graduation rate
95%
61.3%
98%
96%
College enrollment
85%
46.2%
91%
Organization
Goal type
Target
Current
Next steps
Status
Grow Board capacity
9 members
7 members
Cultivation
Grow staff capacity
Instructional Coach
Interviewing
Move candidates, repost and outreach
Finance
Goal type
FY ’15-16 Target
YTD/current
FY ‘14-’15 achieved
Status
Revenue- Unrestricted
Restricted $
Expense
Surplus
Burn rate*
5 months NA
PROGRAM >
College enrollment rate: national average = 43% low-income urban students
Removed “College persistence” line
FYI ---
FINANCE >
YTD Unrestricted updated since Apr noon to include $13,075 add’l VS revenue = $10K sponsorships ($5K Allstate + $5K Freeborn) + $3,075 tickets (x31)
INITIATIVES >
VS Current = $22,500 sponsorships (x5) + $6K Kaiser (match) + $6,825 tickets (x91)
Initiatives
Goal type
Target
Current
Next steps
Status
Scaling up
725 students (SY )
700
School selection and Onboarding for SY VS
$160,000
$35,325
Sell tickets, secure sponsorships, give at event
Fund campaign
$10k
$7k
Refresh for next year

8. Agenda AGENDA ITEM TIME Intro and approval of minutes 5 min
Dashboard overview
Initiatives deep dive
15 min
Finances deep dive
Organization deep dive
10 min
Program deep dive
Recap and next steps

9. Initiatives: Scale being determined
Inform
Initiatives
Goal type
Target
Current
Next steps
Status
Scaling up
725 students (SY )
700
School selection and onboarding for SY VS
$160,000
$35,325
Spread the word, sell tickets, secure sponsorships, be ready to give at event
Fund campaign
$10k
$7k
Refresh for next year
VS (will cover in more detail in subsequent slides) >
As of Apr 13 = 91 tix ($6,825) + 5 sponsorships ($22,500) + $6,000 (Kaiser) = $35,325

10. Initiatives: Scale Overview Current status Next steps
Inform
Overview
Onboarding improvements continue
Choosing criteria schools
Scale increase to 725 students in SY
Current status
Looking at a pool of 20+ schools
Accepting 3 new schools
Hubbard and Westinghouse looking great
Hancock, Kelly, Schurz, Westinghouse in selection process
Next steps
Meeting with new schools
Teacher observations and student selection
Meeting with CPS Chiefs

11. We plan to continue expansion to test at the local level.
Inform
Number of students enrolled
Number of Experiences created

12. Initiatives: VS 2016 Overview Current status Next steps
Discuss
$160K – Total fundraising goal
$30K – Sell 400 tickets
$20K – Sponsorship
$102K – Night-of ask
Overview
Current status
91 tickets sold = $6,825 = 23% to goal
$22.5K secured from 5 sponsors = 113% to goal!
Sponsorships = $5K FCB Chicago (new) + $5K Allstate (renewal - thanks, Charley!) + $5K Freeborn (upgrade, via Jim Hennessey’s contact)
Program is coming together – met with Carrie Kennedy/Chicago Ideas to design flow
Next steps
Fill the room! Block of 10 tickets bought/sold by each Board member. (Thanks, Charley and Jim!)
1 sponsorship from each Board member (Thanks, Alan, Charley, and always, Leo!)
Give and plant at the ask to support $102K goal. How do we inspire our guests to raise their hands?

13. Initiatives: Fund Campaign
Inform
Overview
Current status
Next steps

14. Agenda AGENDA ITEM TIME Intro and approval of minutes 5 min
Dashboard overview
Initiatives deep dive
15 min
Finances deep dive
Organization deep dive
10 min
Program deep dive
Recap and next steps

15. Finances: On track to meet FY2016 projections
Inform
Finance
Goal type
FY ’15-16 Budget
YTD/current
FY ‘14-’15 Audited
Status
Revenue- Unrestricted
Restricted
Expense
Surplus
Burn rate*
YTD Unrestricted updated since Apr noon to include $13,075 add’l VS revenue = $10K sponsorships ($5K Allstate + $5K Freeborn) + $3,075 tickets (x31)
*Burn rate includes cash on hand plus receivables

16. Finances
Inform
Overview
Current status
Next steps

17. Agenda AGENDA ITEM TIME Intro and approval of minutes 5 min
Dashboard overview
Initiatives deep dive
15 min
Finances deep dive
Organization deep dive
10 min
Program deep dive
Recap and next steps

18. Organization: Still looking for 2 new members
Inform
Organization
Goal type
Target
Current
Next steps
Status
Grow Board capacity
9 members
7 members
Identify candidates over the summer, cultivate next fall
Grow staff capacity
Instructional Coach, Program Manager
Interviewing for coach and will start looking for program manager
Move candidates through process, repost and expand reach of post

19. Organization
Inform
Overview
Current status
Next steps

20. Organization: Board Development Process
Inform
Recruitment
Cultivation
Selection
Onboarding
Engagement
Use internal tools to id board gaps
Id prospects that have competencies
Share with staff
Board member lunches with prospect
Meets Embarc leadership
Meets Embarc Board
Attends Fundraiser
Goes on site visit
Embarc Leadership and board decide to pursue candidate
Candidates confirms interest
Board Votes
Join
Transference of knowledge
Meet with Board mentor
Site visit/student interactions
Board member Goal Setting
Engage with program
Engage with Development
Engage Org development
>Updated slide to “Discuss” from “Inform”.

21. Organization: Board recruitment tool to help us target future members
Inform
Wisdom
Wired
Work
Wealth
Fit
Long term strategy
Program vision
Management
Finance
Education
Non-profit expertise
Marketing
Connections to potential board members
Connections to build partners
Connections to high potential donors
City of Chicago influencer
Time to devote to Embarc
Eagerness to assume responsibility
Capacity to give
Access to funds (e.g. corporate foundation)
Cultural fit
Diversity
>Updated slide to “Discuss” from “Inform”.

22. Agenda AGENDA ITEM TIME Intro and approval of minutes 5 min
Dashboard overview
Initiatives deep dive
15 min
Finances deep dive
Organization deep dive
10 min
Program deep dive
Recap and next steps

23. Program: All of our metrics are achieved or on track
Inform
Program
Goal type
Target
Embarc school average
FY achieved
YTD achievement
Status
Graduation rate
College enrollment

24. Program
Inform
Overview
Current status
Next steps

25. Agenda AGENDA ITEM TIME Intro and approval of minutes 5 min
Dashboard overview
Initiatives deep dive
15 min
Finances deep dive
Organization deep dive
10 min
Program deep dive
Recap and next steps

26. Next Steps
Inform
Next steps