March 28th, 2017

March 28, 2017

Date: Tuesday, March 28, 2017

Time: 12:00 p.m.

Location: THINC. Board Conference Room

One College Circle, LaGrange, GA 30240

Present: Robby Burch, John Asbell, Andy Fritchley, Cynthia Culbreath, Margaret D. Schaufler, Karen Freeman, Mike Young, Perrin Alford, Tiffany Wood, Corinne Hodges, Renae Willis, John Radcliffe

Absent: Dr. Olugbenga Obasanjo, Linda McMullen, Bill Stump

Others Present: CEO – Dr. Kathy Carlisle
Legal – Mitch Key
Staff- Dr. Chris Williams, Lauren Carlisle
Student Ex-Officio members-Vito Evans, Kayelon Stafford, Mark Hopson
Alumni- Sara Ann Bryant
Kelley Bush- Economic Development Staff Member
Meghan Duke- West Point Development Authority
Greg Panzer- Field Representative for Congressman Drew Ferguson
Jan Edwards for Dr. Obasanjo

Suzanne Powell with Georgia Energy & Industrial Construction awarded a scholarship to two THINC students.

Corinne called the meeting to order at 12:01pm.

Greg Panzer, a field representative with Congressman Drew Ferguson was recognized as a special guest.
Mauldin & Jenkins – Audit and 990 Report – James Bence

  • James Bence, Auditor, reviewed the audit with the board. Corinne made a motion to approve the Audit and 990. John Asbell seconded the motion and the motion passed unanimously.

Corinne made a motion to approve the January 2017 board meeting minutes. Perrin seconded the motion and the motion passed unanimously.

Board Member Vacancy- Robby Burch

  • Robby introduced Cynthia Culbreath from Duracell. The Chamber recommended her for the THINC board member vacancy.

Committee Appointments – Robby Burch

  • Personnel: Cynthia Culbreath, Karen Freeman and Tiffany Wood volunteered to be on the personnel committee.
  • Fund Raising: Mike Young and Renae Willis volunteered to be on the fund raising committee.

Dashboard – Dr. Chris Williams

  • Dr. Williams created a THINC dashboard. This dashboard track the current school year’s strategic planning goals and be used as an internal management tool.

CEO Report – Dr. Kathy Carlisle

  • Dr. Carlisle reviewed the courses that will be offered at THINC for the 2017-2018 school year. She also stated that we will now offer intro classes at THINC starting next year and our enrollment goal is 800 for next year will include on campus, MOWR and WBL students. There is some concern because the school system is offering a full marketing and business pathway at each of the high schools. We do not know how this will impact our programs.

Finance – Robby Burch

  • Robby Burch reviewed the P&L and FTE reports with the board. Perrin Alford made a motion to approve the financials. Dr. Schaufler and John Asbell seconded the motion and the motion passed unanimously.
  • Investments update: Funds were invested in increments of $245,000.00 with board approval.
  • Inventory list: THINC. currently does not have insurance coverage. The Finance Committee recommended we transfer our list of fixed assets and equipment to Troup County School System to allow our assets to be insured. MOU between THINC and TCSS is needed to set expectations for furniture and equipment.

The meeting adjourned at 1:35pm.

Next meeting date: Tuesday, April 25, 2017 at 12pm at THINC. College and Career Academy.
One College Circle, LaGrange, GA 30240
______________________________________________ Approval