of the Board of Directors of Doral Academy of Nevada · 2020. 5. 5. · AGENDA . May 6, 2020 Meeting of the Board of Directors of . Doral Academy of Nevada . Doral Academy of Nevada

NOTICE OF PUBLIC MEETING of the

Board of Directors of Doral Academy of Nevada

Notice is hereby given that the Board of Directors of Doral Academy of Nevada, a public charter school, will conduct a public meeting on May 6, 2020 beginning at 3:00 p.m. via Zoom Meeting:

Join Zoom Meeting https://zoom.us/j/940648888 Meeting ID: 940 648 888; or join via audio by calling: +1 253 215 8782 US +1 301 715 8592

Attached hereto is an agenda of all items scheduled to be considered.

Please Note: The Board of Directors of Doral Academy of Nevada may 1) take agenda items out of order; 2) combine two or more items for consideration; or 3) remove an item from the agenda or delay discussion related to an item at any time.

Reasonable efforts will be made to assist and accommodate physically handicapped persons desiring to attend or participate at the meeting. Any persons requiring assistance may contact Dena Thompson at (702) 431-6260 or [email protected] at least two business days in advance so that arrangements may be made.

If you would like copies of the meeting agenda, support materials or minutes, please email Dena Thompson at [email protected] or visit the school’s website at https://www.doralacademynv.org/ For copies of the meeting audio, please email [email protected]

Public comment may be limited to three minutes per person at the discretion of the Chairperson.

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https://zoom.us/j/940648888

mailto:[email protected]


https://www.doralacademynv.org/


AGENDA May 6, 2020 Meeting of the Board of Directors of

Doral Academy of Nevada Doral Academy of Nevada is dedicated to providing an enhanced educational experience. We will develop outstanding student achievement with focus on each child being well-rounded in all parts of their education. Students will be prepared in an academically challenging and personally meaningful learning environment with an emphasis on arts integration. A collaborative effort including all students, teachers,

parents, and staff will be devoted to establishing, achieving, and celebrating individual goals for each child at Doral Academy.

(Action may be taken on those items denoted “For Possible Action”)

1. Call to Order and Roll Call

2. Public Comment (No action may be taken on a matter raised under this item of the agenda until the matter itself has been specifically included on an agenda as an item upon which action will be taken.

3. Approval of Minutes from the April 2, 2020 Board Meeting (For Possible Action)

4. Academic Progress Reports and Updates on School Initiatives by Chief Academic

and Operations Officer Phillips and Doral Principals (For Discussion)

5. Review of Financial Performance (For Discussion)

6. Review and Approval of MOU with Hazel Health (For Possible Action)

7. Review and Approval of Facilities Communications Policy (For Possible Action)

8. Approval to Select the General Contractor for the Red Rock P.E. Addition Project (For Possible Action)

9. Discussion of the P.E. Addition Project for the Red Rock Elementary Campus

(For Possible Action)

10. Review and Approval of Vendor for Shade Structure for the Cactus Campus (For Possible Action)

11. Discussion and Approval of the District Membership Agreement with Doral, Inc.

(For Possible Action)

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12. Discussion and Approval of Outside Legal Counsel from the Following: 1) Wiley

Petersen – Jon Blum; 2) Howard and Howard – Mark Gardberg (For Possible Action)

13. Discussion and Approval of the Final Budget for the 2020/2021 School Year (For

Possible Action)

14. Review and Approval of the Payroll Protection Program Loan (For Possible Action)

15. Academica Announcements and Notifications (For Discussion)

16. Public Comment (No action may be taken on a matter raised under this item of the agenda until the matter itself has been specifically included on an agenda as an item upon which action will be taken.)

17. Adjournment (For Possible Action) This notice and agenda has been posted on or before 9 a.m. on the third working day before the meeting at the following locations:

1) Doral Saddle Campus – 9625 W. Saddle Avenue, Las Vegas, NV 89147 2) Doral Cactus Campus – 9025 W. Cactus Avenue, Las Vegas, NV 89178 3) Doral Fire Mesa Campus – 2568 Fire Mesa St., Las Vegas, NV 89128 4) Doral Red Rock Elementary Campus – 626 Crossbridge Dr., Las Vegas, NV 89138 5) Doral Red Rock Upper/High Campus – 610 Crossbridge Dr., Las Vegas, NV 89138 6) Doral Pebble Campus – 6435 W. Pebble Road, Las Vegas, NV 89139 7) Notices.nv.gov

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DORAL ACADEMY OF NEVADA

Support Summary

Meeting Date: May 6, 2020 Agenda Item: 3 – Approval of Minutes from the April 2, 2020 Board meeting. Number of Enclosures: 1

SUBJECT: Minutes Approval X Action Appointments Approval Consent Agenda Information Public Hearing Regular Adoption

Presenter (s): Board Recommendation: Proposed wording for motion/action: Move to approve the minutes from the April 2, 2020 Board Meeting. Fiscal Impact: N/A Estimated Length of time for consideration (in minutes): Minutes Background: A board meeting was held on April 2, 2020. As such, the minutes can be approved as part of the consent agenda. Submitted By: Staff

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MINUTES of the meeting of the

BOARD OF DIRECTORS of DORAL ACADEMY OF NEVADA April 2, 2020

Board of Directors of Doral Academy of Nevada held a public meeting on April 2, 2020 at 5:30 p.m. via Zoom meeting.

1. Call to Order and Roll Call

Board Chair Jerod Allen called the meeting to order at 5:33 p.m. with a quorum present. In attendance were Gary Vecchiarelli, Brandon Lewis, Karla Zobrist, Laura Wilkinson, Jerod Allen, Doron Joseph (joined at 5:34 p.m.), and Andre Winslow (joined at 5:36 p.m.).

Also present were CAOO Bridget Phillips, Principal Danielle McDowell, Principal Kimberly Hammond, Principal Kelly Rafalski, Principal Rodney Saunders, Principal Debbie Tomasetti, and Principal Bethany Farmer. Academica representatives Michael Muehle, Carlos Segrera, Trevor Goodsell, Jessica Barr, and Butch Tomasetti were also in attendance.

2. Public Comment

There were no comments by the public.

3. Consent Agenda

a. Approval of Minutes from the January 30, 2020 Board Meeting b. Approve Acceptance of Safety Facility Improvement Grant Funds c. Approval of EL Policy/Plan

Member Zobrist moved to approve the minutes from the January 30, 2020 Board meeting. Member Allen seconded the motion, and the Board voted unanimously to approve.

Member Zobrist moved to approve the acceptance of the Safety Facility Improvement Grant funds. Member Allen seconded the motion, and the Board voted unanimously to approve.

Member Lewis moved to approve the EL Policy/Plan. Member Allen seconded the motion, and the Board voted unanimously to approve.

4. Academic Progress Reports and Updates on School Initiatives by Executive Director Phillips and Dora Principals

CAOO Phillips addressed the Board and stated that the Doral system had recently had a site visit from the Charter Authority. She referred to the We Are document contained in the support materials and outlined what Doral shared with the Charter Authority.

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Dynamics: CAOO Phillips reviewed the information shared for the Dynamics section. The school opened in 2012 through collaboration with their affiliates. It was built upon the Board created mission and vision. The leadership team developed their belief statements.

Organization: Ms. Erin Bedich addressed the Board and reviewed the information shared for the Organization section. The organization was a collaborative team working with their affiliates in Florida, the Board of Directors, the Executive Office, the Doral Foundation, Academica Nevada, and all five campuses. She stated that the Charter Authority was able to observe the organization through visiting all of the campuses.

Results: Ms. Katrina Hashimoto addressed the Board and reviewed the information shared for Results section. Doral Academy had eight 5 Star schools and two 4 Star schools. The projected rankings based on the mid-year MAP assessment and proficiency data was shared with the Charter Authority. Grant information, including the Windsong Trust grant and the Great Teaching and Leading grant was reviewed.

Arts Integration: Ms. Lori Squires and Ms. Wendy Weatherwax addressed the Board and reviewed the information shared for the Arts Integration section. There were arts integration activities across all the curriculum. Moving through Math was implemented. Unit guides that were created by Kayla Miller were used throughout the system. Curriculum binders in each core curriculum area were created for the Charter Authority.

Leadership: Ms. Judy Piccininni addressed the Board and reviewed the information shared for the Leadership section. A tiered professional development plan was created to build the capacity of the teachers and give new teachers the curriculum needed to be proficient with their teaching materials. The Doral Leadership program provided support and training to administrators and potential administrators. The students could earn pins through leadership and activities. Doral leadership had been selected to present at national conferences.

CAOO Phillips stated that the site visit was a positive experience for the Doral team. Doral would follow up the site visit with strategic planning. Surveys would be send to stakeholders to assist in determining the path forward. She concluded the site visit presentation with the quote “Do not let what you cannot do interfere with what you can do” which would be used as their guide in the next few months.

Principals Tomasetti, Farmer, Rafalski, Hammond, McDowell, and Saunders reviewed their campus site visits, campus events, and the implementation of distance learning.

CAOO Phillips presented a Shining Star award to Ms. Kelli Despain, the Doral Foundation Board Chair, for all of her hard work for the Foundation and the Doral Gala. Member Allen thanked Ms. Despain for all the hours she had spent on behalf of the Doral Foundation and the Doral system.

Member Allen thanked all of the Doral stakeholders for all that they had accomplished and would continue to accomplish during the State mandated closure.

Ms. Jessica Barr addressed the Board and reviewed that mid-year MAP scores and the projected rankings as contained in the support materials. She stated that by using the data and projections she was able to help leadership and teachers improve their decision making. She stated that the teachers across the system continued to work hard to ensure that all of the students continued to learn and grow.

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5. Review of Financial Performance

Mr. Carlos Segrera addressed the Board and reviewed the financials as provided in the support materials, noting that the net income had a significant jump to $2,104,637. The jump in net income could be attributed to SPED Part Be revenues received in late February, a second quarter enrollment true up, and an adjustment in the accrued DSA state revenue. The categories showing over or under budget were consistent with previous reports, with the addition of the capital lease buyout of $50,308 for a furniture, fixture, and equipment lease.

Member Vecchiarelli noted that the financial report was through February, which was before the closure of schools due to Covid-19. He asked if the schools had enough Chromebooks to issue to students and what extra costs could be expected relating to the school closure. CAOO Phillips replied in the affirmative; adding that about 20% of the students were issued Chromebooks. She stated that there was a possibility of extra cost from damaged or non-returned Chromebooks. Mr. Trevor Goodsell addressed the Board and stated that the school would see minimal savings from utilities and cleaning crews. Member Vecchiarelli asked if there would be additional licensing fees related to on-line learning. Mr. Goodsell replied that most of the programs were already being used and that Academic had secured a low cost for Zoom meetings.

Member Joseph asked for clarification of the building lease on page 84 of the support materials. Mr. Segrera stated that it was for the Fire Mesa and Red Rock campuses capture in the latest bond; adding that the Saddle and Cactus campuses were listed in separate line items. Member Joseph asked about the interest income line item, to which Mr. Segrera replied that the interest income was from different reserve accounts for bonds.

6. Review and Approval of Initial Budget for the 2020/2021 School Year

Mr. Goodsell explained that the initial budget had been created before the State shutdown. Nevada was the fourth most reliant state on sales tax which would cause a significant drop in revenue in the state. He stated that the initial budget was due to the State by April 15th and asked for the Board’s approval, with the understanding that the upcoming final budget would most likely see funding changes. Member Allen asked if continued distance learning would impact funding. Mr. Goodsell replied that the schools were still taking attendance and the same mechanism was in place for funding. Member Vecchiarelli asked if Mr. Goodsell could look at how funding was impacted by the recession in 2018-2010. Mr. Goodsell replied that he had researched that time period and how funding had been impacted, he offered to forward the information to member Vecchiarelli. He added that the State had a rainy day fund; however, it would not be enough for all of the State needs.

Member Vecchiarelli moved to approve the initial budget for the 2020/2021 school year, as presented. Member Joseph seconded the motion, and the Board voted unanimously to approve.

7. Review and Approval of Furniture, Fixture, and Equipment Funding Source for the 2020/2021 School Year

Mr. Goodsell stated that the lease was similar to the furniture, fixture, and equipment lease done every year. It would be used to finance the cost of additional desks and equipment at the Red Rock Upper

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Page 4 of 5

campus. The true interest cost was 2.5% and it would be a 48-month loan. Member Allen asked if the funding was needed and if it needed to be approved now. Mr. Goodsell stated that there was not a requirement to use all of the funds; however, approval was needed before anything could be ordered. Principal McDowell stated that students continued to enroll in the school.

Member Wilkinson moved to approve the furniture, fixture, and equipment funding source for the 2020/2021 school year, as presented. Member Allen seconded the motion, and the Board voted unanimously to approve.

8. Approval to Submit an Application to Request an Amendment of Doral’s Charter for the Expansion of a K-12 Campus in the Southwest Region of Las Vegas, with a Final Review of the Application to be Performed by Chairman Jerod Allen

Mr. Michael Muehle addressed the Board and stated that the amendment approved at the time of the Red Rock and Pebble expansion included an additional campus in the southwest region. The amendment specified that the additional campus would be built in 2018 or 2019. A year ago, when land had been identified and the Board had approved moving forward with that location, the Authority stated that the amendment was still valid. Since that time the Authority stated that the Board would need to submit another amendment. Discussion ensued regarding the expiration of amendments and the conversation with the authority about ensuring all demographics needs were met at Doral.

Member Vecchiarelli moved to approve the submission of an application to request an amendment to Doral’s charter for the expansion of a K-12 campus in the southwest region of Las Vegas, with the final review of the application to be performed by Chairman Jerod Allen. Member Lewis seconded the motion, and the Board voted unanimously to approve.

9. Discussion of the Modular Project for the Cactus Campus

Mr. Muehle stated that agenda items 9 through 14 were for the modular projects at the Cactus and Fire Mesa campuses. There had been delays and rebids due to not obtaining bids from a general contractor. Mr. Muehle stated that, during discussion with Board members, it was determined to develop a policy regarding notification of the Board when a project was delayed. Discussion ensued regarding communication on projects and time frames for using bond funds.

Member Allen stated that items 9-14 would be tabled.

This item was tabled.

10. Possible Action to Select the Modular Provider for the Cactus Campus Modular Project


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11. Possible Action to Select the General Contractor for the Cactus Campus Modular Project


12. Discussion of the Modular Project for the Fire Mesa Campus


13. Possible Action to Select the Modular Provider for the Fire Mesa Campus


14. Possible Action to select the General Contractor for the Fire Mesa Campus


15. Academica Announcements and Notifications

Mr. Muehle stated a tentative Board meeting schedule was being assembled with the meetings scheduled for the first Thursday every other month. The schedule would be tentative depending on needs and Board Member schedules.

Mr. Muehle recognized the tireless work of the Doral educators. He stated that the Doral staff was appreciative of the continued pay and the support of the Board.

16. Public Comment

Ms. Bedich stated the Doral Foundation and stakeholders had raised over $9000 for families in need during the Covid-19 crisis, and thanked everyone in the community for the support.

17. Adjournment

The meeting was adjourned at 7:00 p.m.

Approved on: _______________________

___________________________________ Secretary of the Board of Directors Doral Academy of Nevada

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Support Summary

Meeting Date: May 6, 2020 Agenda Item: 4 – Academic Progress Reports and Updates on School Initiatives by Chief Academic and Operations Officer Phillips and Doral Principals Number of Enclosures: 4

SUBJECT: Academic Progress Reports and Updates on School Initiatives Action Appointments Approval Consent Agenda X Information Public Hearing Regular Adoption

Presenter (s): CAOO Phillips and Campus Principals Recommendation: Proposed wording for motion/action: Fiscal Impact: N/A Estimated Length of time for consideration (in minutes): 15-20 Minutes Background: CAOO Phillips and campus Principals will provide academic progress reports and updates on school initiatives. Submitted By: Staff

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We Are DORAL! Doral Board Members Taking Stock and Reflecting on the Future

Doral Academy of Nevada has a rich history of coming together to work on the work of teaching and learning. Together we have carefully crafted an educational system that values implementing research-based strategies, encouraging innovative thinking, making data-driven decisions, focusing on the “Lasting Fix” not the “Quick Fix,” and engaging the different skill sets, knowledge and diverse talents of our complimentary TEAM to find collaborative solutions that make a difference for our STUDENTS. The success of Doral Academy lies in our being responsive to change, analyzing individual and system wide needs/improvements and using data to guide progress and make midcourse corrections. Looking ahead, the time has arrived for us to accelerate Doral Academy K-12 by taking time to reflect and give thoughtful input into the growth we want to achieve together, K-12, in the next 3 to 5 years. Now is the time to take stock of where we have been, how far we have come, and where we want to be. Now is the time to THINK, LEAD and ORGANIZE for our FUTURE as a complete K-12 Academy. Join us in taking the first of a number of steps we will take together to gather input in crafting thoughtful actions for Doral Academy’s future. We will begin TAKING STOCK AND REFLECTING ON DORAL’S FUTURE by giving voice first to individual thought, followed by group thought, and then finalized by gaining consensus.

We would like your input as Doral Academy prepares for the future by developing a 3-5 year BLUEPRINT FOR ACTION/STRATEGIC PLAN. Please provide brief, thoughtful responses to each question from your individual perspective as a Board member. As you will find, we are asking in some questions that you provide specific feedback regarding our K-5, 6-8 and 9-12 programs as you see perceive them. Your responses specific to each level will help us greatly as we forge forward developing an enriching and accelerated program at each level of education. Doral Academy is a fluid K-12 system and we want our system to be dynamic with our students fully prepared and ready to excel as they progress from one level to the next. Please feel free to “bullet list” your responses for each question. Your thoughts and input are greatly valued! We appreciate your time and care in supporting Doral and making Doral Academy the BEST it can always be!!!

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Reflections/Thoughts By: ________________________________________ Name of Respondent

Please feel free to bullet list your response to each question and/or provide a brief descriptive narrative in the expandable textboxes after each question

Where Are We Now?

1. How would you describe Doral Academy? •

2. What is valued in Doral Academy? •

3. What competencies and experiences would you like a Doral Academy student to have by the end of 5th grade, the end of 8th grade, and as a graduating senior?

• 4. What do you see as Key Strengths/Accomplishments of the Board?

• 5. What strengths do you see that allow the Board to address issues that come up?

• 6. What do you see as Key Strengths/Accomplishments of Doral Academy K-5, 6-8, and 9-

12? •

7. What do you see as Key “Need to Work On”/Areas of Opportunity for Doral Academy K-5, 6-8 and 9-12?

• 8. What do you see as “Derailers”/Challenges both Internal and External K-5, 6-8 and 9-

12? •

9. What areas of new opportunity would you like Doral Academy to seek at K-5, 6-8, and 9-12?

•

Where Do We Want to Go From Here? 1. What would you like to see accomplished in Doral Academy K-5, 6-8, and 9-12?

• 2. What obstacles do you see in the future that could impact Doral Academy? Do you see

critical constraints or limiting factors that could hold back future progress of Doral Academy? •

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3. What additional competencies or capabilities do you feel are needed if we want to

accelerate/maximize success of Doral Academy in years ahead? •

4. What do you see as future priorities for Doral Academy? •

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Doral Academy of Nevada Foundation Holds #GivingTuesdayNow Dragons Unite

Virtual Concert in Support of Local Families Impacted by COVID-19

This Saturday, May 2, 4-8 p.m. Facebook Live Musical Fundraiser Features

Doral Music Teachers; Donate through #GivingTuesdayNow

LAS VEGAS— Doral Academy of Nevada Foundation is assisting dozens of families impacted

by financial and emotional hardship due to the health pandemic. In the last month Doral fund-

raisers have helped almost 50 families who have requested items and services such as groceries,

gas, utilities, technology and mental health resources. In all, Doral has donated almost $15,000

through the Dragons in Need Fundraiser since April 1. Now, the #GivingTuesdayNow Dragons

Unite Virtual Concert this Saturday, May 2, from 4 to 8 p.m. via Facebook live is a musical

event open to everyone that aims to build on the funds raised so far and continue to help more

families and their children in need in the midst of the continuing pandemic.

“We communicated with our students’ families in those first days after schools closed and

learned from our parents that families were suffering from job loss and unable to pay for cable

for their children’s online learning, unable to meet the monthly rent, pay for groceries or have

access to enough computer equipment for multiple students at home,” said Bridget Phillips,

Chief Academic and Operations Officer, Doral Academy of Nevada. “School administrators,

principals, teachers and parents quickly sprang into action to help one another in the Doral fam-

ily and the result was multiple fundraisers that go directly to our families impacted by COVID-

19.”

Doral Academy of Nevada staff, counselors and marriage and family therapists have also pro-

vided assistance for students and parents having a difficult time during this uncertain time

brought on by the novel virus. In addition to counseling sessions, exercises, worksheets, videos

and “brain breaks” have been made available as part of the online learning tools provided to all

students and their families through the online curriculum should they choose to utilize them.

The Saturday Facebook Live event, while adhering to social distancing guidelines, will showcase

talented musicians from the Doral Cactus Campus staff including Chris Brown, Brooke Pulin

and Stephany Garcia-Rojas. The 5/2 event is open for everyone to enjoy and donations are op-

tional. Facebook link to Saturday’s concert: https://www.face-

book.com/105923784137690/posts/270570337673033/?d=n. Link to donate will also be pro-

vided throughout the 4-hour event through #GivingTuesdayNow: https://www.facebook.com/do-

nate/2572970632971525/.

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https://www.facebook.com/105923784137690/posts/270570337673033/?d=n

https://www.facebook.com/105923784137690/posts/270570337673033/?d=n

https://www.facebook.com/donate/2572970632971525/

https://www.facebook.com/donate/2572970632971525/

The Doral Academy of Nevada Foundation is a 501 (c)(3) organized exclusively for charitable

and educational purposes. The specific purpose of the foundation shall be to provide funding ex-

clusively to all Doral Academy of Nevada Campuses and its Governing Board, in support of pro-

grams and other educational pursuits which have not previously been funded or which can no

longer be funded through the regular school budget.

Doral Academy of Nevada is the only arts integration K-12 charter school system in the nation

where content and skills from dance, music, theater and visual arts are connected to grade-level

academic skills and subject area standards. Teachers engage students in challenging units of

study using art processes and art forms to apply learned content skills. Students build skills in

analyzing, expressing information, interpreting, and reflecting on their learning by creating prod-

ucts that demonstrate their academic knowledge. The cross-curricular, project-based instruction

motivates students to find their passion and love for learning realizing their future possibilities

are limitless.

###

MEDIA CONTACT: Veronica Meter

[email protected]

702-335-6544

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GivingTuesdayNow FAQ

May 5, 2020

What is #GivingTuesdayNow?

● #GivingTuesdayNow is a global day of giving and unity, set to take place on May 5, 2020 as an emergency response to the unprecedented need caused by COVID-19. The day is designed to drive an influx of generosity, citizen engagement, business and philanthropy activation, and support for communities and nonprofits around the world. It’s a day when we can all come together and give back in all ways, no matter who or where we are.

Who is organizing this?

● #GivingTuesdayNow is organized by GivingTuesday, in partnership with its global network of leaders, partners, communities and generous individuals.

● GivingTuesday is a nonprofit organization that is dedicated to unleashing the power of people and organizations to transform their communities and the world.

● Our ultimate goal is to create a more just and generous world, one where generosity is at the heart of the society we build together, unlocking dignity, opportunity, and equity around the globe.

What is GivingTuesday?

● GivingTuesday is a global generosity movement that unleashes the power of people and organizations to transform their communities and their world.

● GivingTuesday was created in 2012 as a simple idea: a day that encourages people to do good. Over the past seven years, this idea has grown into a global movement that inspires hundreds of millions of people to give, collaborate, and celebrate generosity.

● GivingTuesday strives to build a world in which the catalytic power of generosity is at the heart of the society we build together, unlocking dignity, opportunity, and equity around the globe.

● GivingTuesday’s global network collaborates year-round to inspire generosity around the world, with a common mission to build a world where generosity is part of everyday life.

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http://now.givingtuesday.org/

http://givingtuesday.org/

Does this mean there won’t be a GivingTuesday giving day later in the year as in other years?

● Nope! #GivingTuesdayNow is a specific emergency event that we are launching as a response to COVID-19. It doesn't change our plans for our traditional GivingTuesday event that will happen on December 1, the Tuesday after Thanksgiving.

Who can participate? ● Everyone! Literally. GivingTuesday has been built by a broad coalition of

partners, including individuals, families, nonprofits, schools, religious organizations, small businesses and corporations. We anticipate there will be people and organizations planning and participating in #GivingTuesdayNow activities in every country in the world.

How can I participate in #GivingTuesdayNow?

● Participating in #GivingTuesdayNow is about joining a global movement for generosity in this unprecedented time of need, and there are so many ways to do that. Whether you give your voice, goods, your time, or your money, being generous is a way to fight for the causes you care about and help people in need.

● You can join in this global movement for unity and giving back in a variety of ways:

○ Discover a local fundraiser, community drive or coordinated event to join others in your area or with your same interests in giving back -- they need your help. Search for opportunities here

○ Give to your favorite cause or a fundraiser to help those in need. ○ Share kindness with your neighbors (link to examples) ○ Show gratitude to healthcare workers, service providers, and other

essential workers who are making sure we still have the services we rely on, even at risk to their own health. (link to examples)

○ Use social media to spread the word! ■ Talk about giving and generosity using the hashtag

#GivingTuesdayNow ■ Share our Facebook posts — facebook.com/GivingTuesday ■ Follow us on Twitter @GivingTuesday and use the

#GivingTuesdayNow hashtag ■ Follow us on TikTok— GivingTuesday ■ Instagram — givingtuesday ■ Snapchat — add/GivingTuesday

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■ Share our social media channels in your organizational and personal social networks

○ Announce your participation in #GivingTuesdayNow to your networks and email lists

○ Visit our website for more ideas and ways you can get involved.

What does it cost? What if I don’t have any money

● There are no costs to participating in #GivingTuesdayNow. GivingTuesday is a free and open movement to unleash generosity in response to the unprecedented need caused by COVID-19. All of our resources are available for free through our website.

● If your nonprofit is using a digital fundraising platform, there may be costs associated with the tool you choose to use – check with your technology providers.

● If you are an individual who wants to give back, there are many ways to do so. #GivingTuesdayNow is about giving of all types -- some may choose to give a financial contribution to their favorite cause or a fundraising drive, others will opt to reach out to neighbors, start an advocacy campaign, donate goods or extra supplies, share gratitude to frontline workers and those keeping us safe. If you can show generosity and share kindness, you have something to give!

I want to give back, help my neighbors and volunteer, but how can I do that safely?

○ #GivingTuesdayNow is focused on ways to give back and bring communities together safely. We encourage individuals and organizations to adhere to public health guidelines and physical distancing to help reduce the spread of the virus and flatten the curve.

○ There are many ways people can give back and communities can organize while still staying safe. We’ve been sharing some of these ideas in our daily text message campaign (check out the archive here) and check out our Ideas page on our website for more inspiration.

○ There is no reason that our physical separation means we can’t provide the financial, emotional and social supports that nurture our families and communities. We all have gifts to give, and with social media, online giving, delivery, mail, and phones, there are limitless ways to use your generosity to support others. Embrace your power to be a beacon for others, and act.

○ For more ideas, visit our website or sign up for GivingTuesday Daily Generosity alerts to get ideas and inspiration each day for ways to show kindness and give back while staying safe.

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http://now.givintuesday.org/

https://us5.campaign-archive.com/home/?u=78792425669fa388ae1bc2c58&id=5cc046f2a9

http://now.givingtuesday.org/

https://www.givingtuesday.org/

https://mailchi.mp/givingtuesday/dailygenerosity

https://mailchi.mp/givingtuesday/dailygenerosity

○ #GivingTuesdayNow will share specific opportunities for individuals to participate in local, regional and country campaigns as well as ideas they can take and use for individual action or to rally their family, friends, neighbors, coworkers and networks to do good.

I lead an organization/company/community/network -- how can I help?

● Great! First, thank you for your leadership -- it’s an important asset for responding to this crisis. We need your influence and voice to rally your networks, constituents and communities to stand together and act generously.

○

My organization typically participates in GivingTuesday later in the year, do I have to do both?

● We recognize that the needs and responses in every community are unique, and every place is in a different stage of the COVID-19 crisis, so we want to emphasize that no one has to participate in this emergency day if it does not feel appropriate to your local needs.

Is GivingTuesday raising money or collecting funds on #GivingTuesdayNow?

● No, GivingTuesday is organizing this event in partnership with our global network of nonprofits, communities, leaders, businesses and funders, and individuals who want to give back. Individual organizations may host fundraising drives in conjunction with #GivingTuesdayNow, but the fundraising activities and the funds raised are directed by the individual organization and deployed by the giving platform of their choice.

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Doral Academy of Nevada Foundation

# GivingTuesdayNow

Monday, 4/27 Thank a Health Care

Professional

Create a Thank You card, note, or poster for health care professionals. Post to

their social media pages or send it to

them directly.

Tuesday, 4/28 It’s Time for a Family

Style Supper

Showcase a meal you prepared on social

media. Provide a meal for someone (a friend, neighbor, relative, or essential

worker)

Wednesday, 4/29 Support School Funds Showcase our “Dragons In Need”

Fundraiser

Thursday, 4/30 Thank a First Responder

Create a Thank You card, note, or poster for our police department, fire

department, or EMT personnel. Post to

their social media pages or send it to them directly.

Friday, 5/1 Write a Special Note Write a hand-written card, note, or letter to a friend or relative. Send it to them.

Send an e-card to a friend or relative.

Saturday, 5/2 Give the Gift of Music

Create a list of happy tunes and share it with someone who needs it. Serenade

neighbors. Share inspiring

videos/performances on social media.

Sunday, 5/3 Support Local Businesses

Get take out from a local restaurant. Give gift cards to someone from a local

business/restaurant. Buy gift cards to

use in the future from a local restaurant.

Monday, 5/4 Shout Out to the

Teachers

*First Day of Teacher Appreciation* Write your teacher a thank you card,

note, or poster and send or email it to them. Send them an e-card.

Tuesday, 5/5 #GivingTuesdayNow Post to social media and promote

our “Dragons in Need” Fundraiser. 20


Support Summary

Meeting Date: May 6, 2020 Agenda Item: 5 – Review of Financial Performance Number of Enclosures: 1

SUBJECT: Review of Financial Performance Action Appointments Approval Consent Agenda X Information Public Hearing Regular Adoption

Presenter (s): Carlos Segrera Recommendation: Proposed wording for motion/action: Fiscal Impact: N/A Estimated Length of time for consideration (in minutes): 5-7 Minutes Background: Review of Financial Summary, Balance Sheet, and Profit and Loss statements. Submitted By: Staff

21

Doral Academy of Nevada Financial Summary Financials prepared by :

Carlos Segrera

[email protected]

702-431-6260

Actual P&L as of March 2020 Budgeted P&L as of March 2020 Variance

Doral Saddle 885,732 406,226 479,505

Doral Cactus 954,756 460,056 494,700

Doral Fire Mesa 324,530 306,675 17,855

Doral Red Rock Elementary 272,466 88,748 183,718

Doral Red Rock Secondary 236,092 10,355 225,737

Doral Pebble 532,151 307,775 224,376

Doral Executive Director (689,461) (528,898) (160,563)

System Wide 2,516,265 1,050,937 1,465,329

Interest Income

Training / Development & Travel

Net Income Days Cash On Hand

July 2019 170,145$

August 2019 436,091$

September 2019 487,586$

October 2019 511,217$

November 2019 941,835$

December 2019 1,112,609$ 70.73

January 2020 1,718,850$ 72.49

February 2020 2,104,637$ 81.57

March 2020 2,516,265$ 86.11 1.33

Total

Facility Maintenance / Operations / Utilities 80,817$

61,698$

Interest (Bond Principal Payment - Reflected in Balance Sheet) 269,726$

Other Expenses 41,575$

95,152$

1.17

Debt Service Coverage Ratio

1,465,329$

Financial News, Notes, and Updates

Surplus Breakdown

Category Amount

+ Number = Surplus/ Under Budget - Number = Over Budget

Operating Over Budget

Instructional Supplies

874$

(101,750)$

SPED Discrectionary Unit

SPED Part B

State Grants 63,658$

118,229$

Misc. Revenue 35,676$

(64,705)$

Revenue Breakdown

State Per Pupil Funding 330,235$

Benefits / Payroll Taxes

SPED Contracted Services

Contracted Services

Bonuses

279,633$ Salaries / PERS

177,538$

247,113$

(45,391)$ Copier Fees Overage

Lease Buy Out (50,609)$

Operating Under Budget

Dues and Fees (31,476)$

(42,666)$

22

YTD Comparative Income Statement

BudgetActualVariance

1Database: Page:Date:Time:

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ACADEMICANV4/29/20206:16 PMACADEMICANV

Accrual

Report includes an open period. Entries are not final.

YTD 19-20

Mar 2020 Mar 2020

INCOME

MISC REVENUE 35,675.75 0.00 35,675.75 0.00%DSA REVENUE 30,966,159.57 30,635,924.28 330,235.29 1.08%SPED DISCRETIONARY UNIT 1,172,119.37 1,171,245.00 874.37 0.07%STATE GRANTS 254,303.26 190,645.56 63,657.70 33.39%SPED PART B FUNDING 220,300.07 322,050.00 (101,749.93) -31.59%INTEREST INCOME 118,229.35 0.00 118,229.35 0.00%

32,766,787.37 32,319,864.84 446,922.53 1.38%TOTAL INCOME

EXPENSES

SALARIESSALARIES TEACHERS 9,325,673.80 9,374,726.97 49,053.17 0.52%SALARIES OF LONG TERM SUBS 427,611.65 97,200.00 (330,411.65) -339.93%CONTRACTED SUBSTITUTE SERVICE 265,643.57 244,493.85 (21,149.72) -8.65%SALARIES OF SUPPORT STAFF 693,468.77 583,038.00 (110,430.77) -18.94%SALARIES OF GENERAL ADMIN 1,215,403.37 815,500.50 (399,902.87) -49.04%SALARIES OF LICENSED ADMIN 1,457,495.50 1,450,022.19 (7,473.31) -0.52%SALARIES OF CAMPUS MONITORS 152,293.53 228,870.00 76,576.47 33.46%

13,537,590.19 12,793,851.51 (743,738.68) -5.81%TOTAL SALARIES

PERSPERS TEACHERS 2,038,525.22 2,656,983.75 618,458.53 23.28%PERS LONG TERM SUBS 79,181.70 27,719.23 (51,462.47) -185.66%PERS SUPPORT STAFF 127,574.84 166,393.38 38,818.54 23.33%PERS GENERAL ADMIN 284,123.62 223,953.20 (60,170.42) -26.87%PERS LICENSED ADMIN 355,598.32 397,972.01 42,373.69 10.65%PERS CAMPUS MONITORS 25,793.41 65,096.11 39,302.70 60.38%

2,910,797.11 3,538,117.67 627,320.56 17.73%TOTAL PERS

16,448,387.30 16,331,969.17 (116,418.13) -0.71%TOTAL SALARIES AND PERS

23




Thru:

Year-To-Date


Accrual


YTD 19-20

Mar 2020 Mar 2020

BONUSESBONUSES TEACHERS 66,579.44 283,788.03 217,208.59 76.54%BONUSES LONG TERM SUBS 3,593.74 0.00 (3,593.74) 0.00%BONUSES SPED TEACHERS 3,084.98 0.00 (3,084.98) 0.00%BONUSES SUPPORT STAFF SPED 1,065.40 0.00 (1,065.40) 0.00%BONUSES SUPPORT STAFF 9,146.82 0.00 (9,146.82) 0.00%BONUSES GENERAL ADMIN 11,393.78 0.00 (11,393.78) 0.00%BONUSES LICENSED ADMIN 10,015.60 0.00 (10,015.60) 0.00%BONUSES CAMPUS MONITORS 1,369.80 0.00 (1,369.80) 0.00%

106,249.56 283,788.03 177,538.47 62.56%TOTAL BONUSES

BENEFITS

1,965,418.53 2,140,461.51 175,042.98 8.18%TOTAL BENEFITS

TUITION REIMBURSEMENTTUITION REIMBURSEMENT TEACHERS 9,570.00 29,550.15 19,980.15 67.61%

9,570.00 29,550.15 19,980.15 67.61%TOTAL TUITION REIMBURSEMENT

18,529,625.39 18,785,768.86 256,143.47 1.36%REGULAR PERSONNEL COSTS

SPECIAL EDUCATIONSPED TEACHER SALARIES 463,340.03 828,385.50 365,045.47 44.07%SALARIES OF SUPPORT STAFF SPED 74,008.15 0.00 (74,008.15) 0.00%INSURANCE SPED TEACHERS (946.90) 0.00 946.90 0.00%PERS SPED TEACHERS 111,664.30 235,685.77 124,021.47 52.62%PERS SUPPORT STAFF SPED 19,007.75 0.00 (19,007.75) 0.00%MEDICARE SPED TEACHERS 6,460.82 12,116.96 5,656.14 46.68%MEDICARE SUPPORT STAFF SPED 1,045.18 0.00 (1,045.18) 0.00%UNEMPLOYMENT SPED TEACHERS 4,317.24 0.00 (4,317.24) 0.00%SUI SPED 0.00 26,740.87 26,740.87 100.00%FUTA SPED 0.00 5,013.91 5,013.91 100.00%

24




Thru:

Year-To-Date


Accrual


YTD 19-20

Mar 2020 Mar 2020

UNEMPLOYMENT SUPPORT STAFF SPED 1,084.22 0.00 (1,084.22) 0.00%WORKERS COMP SPED TEACHERS 0.00 6,685.22 6,685.22 100.00%HEALTH BENEFITS SPED TEACHERS 55,041.97 92,339.56 37,297.59 40.39%HEALTH BENEFITS SUPPORT STAFF SPED 2,876.47 0.00 (2,876.47) 0.00%SPED CONTRACTED SERVICES 735,155.58 692,490.00 (42,665.58) -6.16%TRAVEL SPED TEACHERS 463.99 0.00 (463.99) 0.00%SPED SUPPLIES 3,885.75 40,680.00 36,794.25 90.45%SPED ASSESSMENT AND TESTING MATERIALS 6,211.77 0.00 (6,211.77) 0.00%SOFTWARE SPED 3,468.50 0.00 (3,468.50) 0.00%

1,487,084.82 1,940,137.79 453,052.97 23.35%TOTAL SPECIAL EDUCATION

FOOD SERVICESFOOD SERVICES FEDERAL PROGRAM EXPENSE 6,997.85 4,499.85 (2,498.00) -55.51%FOOD SERVICES PRIVATE PROGRAM EXPENSE 1,446.39 0.00 (1,446.39) 0.00%

8,444.24 4,499.85 (3,944.39) -87.66%TOTAL FOOD SERVICES

INSTRUCTIONAL SUPPLIESGENERAL CLASSROOM SUPPLIES 93,605.61 118,424.25 24,818.64 20.96%COPIER SUPPLIES 13,980.17 30,335.94 16,355.77 53.92%ASSESSMENT AND TESTING MATERIALS 881.26 0.00 (881.26) 0.00%INSTRUCTIONAL - FURNITURE AND EQUIPMENT PURCHASE 7,805.85 0.00 (7,805.85) 0.00%CONSUMABLES 0.00 468,224.94 468,224.94 100.00%CONSUMABLES - TEXTBOOKS 427,102.55 0.00 (427,102.55) 0.00%CONSUMABLES - COMPUTERS (23,611.27) 0.00 23,611.27 0.00%CONSUMABLES - SUPPLIES 30,267.64 0.00 (30,267.64) 0.00%CONSUMABLES - FURNITURE / EQUIPMENT 23,281.01 0.00 (23,281.01) 0.00%TEXTBOOKS / CURRICULUM 21,129.57 0.00 (21,129.57) 0.00%SOFTWARE 30,930.57 0.00 (30,930.57) 0.00%COMPUTER PURCHASES 73,817.89 0.00 (73,817.89) 0.00%IT SUPPLIES 12,804.27 0.00 (12,804.27) 0.00%POSTAGE 1,806.44 5,437.65 3,631.21 66.78%OFFICE SUPPLIES 29,862.23 55,935.69 26,073.46 46.61%NURSING SUPPLIES 8,254.54 12,908.25 4,653.71 36.05%GEN. ADMIN - FURNITURE AND EQUIPMENT PURCHASE 4,053.78 0.00 (4,053.78) 0.00%

755,972.11 691,266.72 (64,705.39) -9.36%TOTAL INSTRUCTIONAL SUPPLIES

25




Thru:

Year-To-Date


Accrual


YTD 19-20

Mar 2020 Mar 2020

TRAINING & DEVELOPMENT / TRAVEL

AFFILIATION FEE - TRAINING 86,307.64 154,726.47 68,418.83 44.22%AFFILIATION FEE - BATTLE OF THE BOOKS 154.00 0.00 (154.00) 0.00%TRAINING & DEVELOPMENT (5,749.18) 0.00 5,749.18 0.00%TRAVEL TEACHERS 15,362.27 0.00 (15,362.27) 0.00%TRAVEL LICENSED ADMIN 5,953.28 9,000.15 3,046.87 33.85%

102,028.01 163,726.62 61,698.61 37.68%TOTAL TRAINING & DEVELOPMENT / TRAVEL

CONTRACTED SERVICESPROFESSIONAL EDUCATIONAL SERVICES 14,749.88 0.00 (14,749.88) 0.00%COPIER FEES MONTHLY 254,999.91 254,999.91 0.00 0.00%COPIER FEES OVERAGE 45,390.72 0.00 (45,390.72) 0.00%PAYROLL SERVICE FEES (50,939.70) 0.00 50,939.70 0.00%IT SERVICES MONTHLY 180,109.29 183,715.47 3,606.18 1.96%IT SET UP FEES 11,442.34 32,625.15 21,182.81 64.93%INFINITE CAMPUS 0.00 9,000.15 9,000.15 100.00%AUDIT AND TAX SERVICES 44,486.00 44,550.00 64.00 0.14%LEGAL FEES 1,860.40 22,500.15 20,639.75 91.73%PROFESSIONAL FEES (225.06) 8,685.15 8,910.21 102.59%MANAGEMENT FEES 1,936,237.50 1,936,237.50 0.00 0.00%AFFILIATION FEE - INC. 102,917.29 98,476.47 (4,440.82) -4.51%STATE ADMINISTRATIVE FEES 386,816.97 386,816.97 0.00 0.00%

2,927,845.54 2,977,606.92 49,761.38 1.67%TOTAL CONTRACTED SERVICES

OTHER EXPENSESBACKGROUND/DRUG TEST 4,130.00 4,499.85 369.85 8.22%ADVERTISING/MARKETING 4,865.14 0.00 (4,865.14) 0.00%PRINTING AND BINDING EXPENSES 3,951.49 0.00 (3,951.49) 0.00%WEB SITE EXPENDITURES 17,773.94 17,999.85 225.91 1.26%DUES AND FEES 162,725.65 131,250.03 (31,475.62) -23.98%INTEREST EXPENSE 3,013,371.46 3,283,097.94 269,726.48 8.22%

26




Thru:

Year-To-Date


Accrual


YTD 19-20

Mar 2020 Mar 2020

BANK FEES 9,242.90 0.00 (9,242.90) 0.00%FEES 1,250.00 0.00 (1,250.00) 0.00%ATHLETICS 7,721.49 24,374.97 16,653.48 68.32%

3,225,032.07 3,461,222.64 236,190.57 6.82%TOTAL OTHER EXPENSES

FACILITY MAINTENANCEIT REPAIRS AND MAINTENANCE 2,246.40 0.00 (2,246.40) 0.00%JANITORIAL MONTHLY FEES 377,434.32 390,062.22 12,627.90 3.24%JANITORIAL ADDITIONAL SERVICES 20,240.34 0.00 (20,240.34) 0.00%REPAIRS AND MAINTENANCE 171,693.92 179,999.97 8,306.05 4.61%AC REPAIRS AND MAINTENANCE 44,675.47 40,500.00 (4,175.47) -10.31%LAWN CARE 45,300.00 54,360.00 9,060.00 16.67%SUMMER MAINTENANCE 5,946.82 0.00 (5,946.82) 0.00%CUSTODIAL SUPPLIES 62,468.65 68,843.94 6,375.29 9.26%

730,005.92 733,766.13 3,760.21 0.51%TOTAL FACILITY MAINTENANCE

FACILITIES OPERATIONSPROPERTY INSURANCE 171,846.48 0.00 (171,846.48) 0.00%LIABILITY INSURANCE 0.00 159,374.97 159,374.97 100.00%OTHER INSURANCES (45.00) 0.00 45.00 0.00%RENT/LEASE PAYMENTS 661,431.72 627,000.00 (34,431.72) -5.49%EQUIPMENT RENTALS 106.04 0.00 (106.04) 0.00%SITE IMPROVEMENTS 5,117.50 0.00 (5,117.50) 0.00%

838,456.74 786,374.97 (52,081.77) -6.62%TOTAL FACILITIES OPERATIONS

UTILITIES AND SERVICESWATER 75,669.16 59,812.47 (15,856.69) -26.51%SEWER 82,944.99 59,812.47 (23,132.52) -38.68%GARBAGE/DISPOSAL/TRASH 64,978.03 119,625.03 54,647.00 45.68%ALARM SERVICES 7,279.29 16,312.65 9,033.36 55.38%FIRE SERVICES 18,570.64 16,312.65 (2,257.99) -13.84%

27




Thru:

Year-To-Date


Accrual


YTD 19-20

Mar 2020 Mar 2020

TELEPHONE 16,272.19 41,028.66 24,756.47 60.34%INTERNET 65,052.97 41,028.66 (24,024.31) -58.55%ELECTRICITY 252,901.13 358,875.00 105,973.87 29.53%

583,668.40 712,807.59 129,139.19 18.12%TOTAL UTILITIES AND SERVICES

ADJUSTING ENTRIESDEPRECIATION EXPENSE 1,011,750.03 1,011,750.00 (0.03) 0.00%LEASE BUYOUT 50,608.80 0.00 (50,608.80) 0.00%

1,062,358.83 1,011,750.00 (50,608.83) -5.00%TOTAL ADJUSTING ENTRIES

30,250,522.07 31,268,928.09 1,018,406.02 3.26%TOTAL EXPENSES

2,516,265.30 1,050,936.75 1,465,328.55 139.43%NET INCOME

28


ACADEMICANV4/29/20207:07 PM

ACADEMICANV

AccrualReport includes an open period. Entries are not final.

Balance Sheet Standard

Mar 2020

ASSETS

CURRENT ASSETSCASH IN BANKOPERATING BANK ACCOUNT 7,333,596.35SGF BANK ACCOUNT 1,115,691.93LUNCH ACCOUNT 47,668.72ESCROW ACCOUNT (0.02)OPERATING ACCOUNT - WASHINGTON FEDERAL 2,999,972.00NON BOND FINANCIAL CUSTODY ACCOUNT 14,607.48BOND OBLIGATED REVENUE FUND 149,905.80BOND OBLIGATED INTEREST FUND 792,399.50BOND OBLIGATED RESERVE FUND 4,863,759.38BOND OBLIGATED PROJECT FUND 2,889,168.10BOND OBLIGATED EXP FUND 11,468.04BOND OBLIGATED R&R FUND 153,213.31BOND OBLI CUSTODY ACCT 149,206.07BOND OBI PRINCIPAL ACCT 298,277.21BOND OBI T&I FUND 229,739.31

21,048,673.19TOTAL CASH IN BANK

ACCOUNTS RECEIVABLEDSA RECEIVABLE 3,447,349.61OTHER ACCOUNTS RECEIVABLE 45,224.42DUE FROM DANN 17.83DUE FROM SGF 36,546.38SGF ACCOUNTS RECEIVABLE (0.38)

3,529,137.86TOTAL ACCOUNTS RECEIVABLE

OTHER CURRENT ASSETSPREPAIDS 186,820.95SECURITY DEPOSITS 20,542.39

207,363.34TOTAL OTHER CURRENT ASSETS

24,785,174.39TOTAL CURRENT ASSETS

FIXED ASSETSCAPITAL LEASE CURRICULUM 1,800,805.43CAPITAL LEASE TECHNOLOGY 2,547,266.02CAPITAL LEASE FURNITURE AND FIXTURES 2,273,003.11ACCUMULATED DEPRECIATION CAPITAL LEASES (4,814,593.63)CAPITAL ASSETS - OTHER 97,326.23BOND - CIP 685,538.68LAND 11,196,950.00BUILDING 33,766,153.70SADDLE LAND 2,683,362.00CACTUS LAND 2,861,907.00ACCUMULATED DEPRECIATION BUILDINGS (934,707.25)CACTUS SHADE STRUCTURE 7,200.00

29



ACADEMICANV



Mar 2020

SADDLE BUILDING 8,571,014.80CACTUS BUILDING 8,605,400.23ACCUMULATED DEPRECIATION OTHER (17,728.01)

69,328,898.31TOTAL FIXED ASSETS

OTHER ASSETSDEFERRED OUTFLOW OF RESOURCES GASB 68 22,955,493.88

22,955,493.88TOTAL OTHER ASSETS

117,069,566.58TOTAL ASSETS

LIABILITIES & EQUITY

LIABILITIES

CURRENT LIABILITIESACCOUNTS PAYABLE 1,957,877.82DUE TO SGF 1,064.00

1,958,941.82TOTAL ACCOUNTS PAYABLE

OTHER CURRENT LIABILITIESPREMIUMS ON ISSUANCE OF BONDS 3,071,982.05CAPITAL LEASE CURRENT 205,844.09ACCRUED SALARIES 861,247.09ACCRUED PAYROLL 2,481,679.24ACCRUED PTO 311,910.92OTHER CURRENT LIABILITIES 54,057.83SGF LIABILITIES 321,719.41

7,308,440.63TOTAL OTHER CURRENT LIABILITIES

LONG TERM LIABILITIESBONDS PAYABLE LONG TERM 74,420,000.00CAPITAL LEASES LONG TERM 1,516,886.16

75,936,886.16TOTAL LONG TERM LIABILITIES

OTHER LONG TERM LIABILITIESNET PENSION LIABILITY 30,390,099.00ACCUMULATED AMORTIZATION (27,053.28)DEFERRED INFLOWS 1,555,308.00

31,918,353.72TOTAL OTHER LONG TERM LIABILITIES

117,122,622.33TOTAL LIABILITIES

EQUITYUNRESTRICTED FUND BALANCE (53,055.76)

(53,055.76)TOTAL EQUITY

30



ACADEMICANV



Mar 2020

117,069,566.57TOTAL LIABILITIES AND EQUITY

31




Thru:

Year-To-Date


Accrual

003

Doral Academy of Nevada Saddle Campus

ENTITY:


YTD 19-20

Mar 2020 Mar 2020

INCOME

MISC REVENUE (14,324.25) 0.00 (14,324.25) 0.00%DSA REVENUE 5,320,717.90 5,259,959.28 60,758.62 1.16%SPED DISCRETIONARY UNIT 199,260.28 186,570.00 12,690.28 6.80%STATE GRANTS 76,546.13 56,937.78 19,608.35 34.44%SPED PART B FUNDING 38,940.28 51,300.00 (12,359.72) -24.09%INTEREST INCOME 41,279.47 0.00 41,279.47 0.00%

5,662,419.81 5,554,767.06 107,652.75 1.94%TOTAL INCOME

EXPENSES

SALARIESSALARIES TEACHERS 1,729,238.98 1,648,847.97 (80,391.01) -4.88%SALARIES OF LONG TERM SUBS 45,658.28 16,200.00 (29,458.28) -181.84%CONTRACTED SUBSTITUTE SERVICE 38,928.59 42,291.72 3,363.13 7.95%SALARIES OF SUPPORT STAFF 100,395.96 99,144.00 (1,251.96) -1.26%SALARIES OF GENERAL ADMIN 150,615.57 114,238.53 (36,377.04) -31.84%SALARIES OF LICENSED ADMIN 212,426.47 229,709.97 17,283.50 7.52%SALARIES OF CAMPUS MONITORS 31,780.09 36,720.00 4,939.91 13.45%

2,309,043.94 2,187,152.19 (121,891.75) -5.57%TOTAL SALARIES

PERSPERS TEACHERS 361,018.52 464,203.71 103,185.19 22.23%PERS LONG TERM SUBS 8,497.53 4,560.84 (3,936.69) -86.32%PERS SUPPORT STAFF 17,527.65 27,912.24 10,384.59 37.20%PERS GENERAL ADMIN 36,786.43 32,161.77 (4,624.66) -14.38%PERS LICENSED ADMIN 41,118.85 64,670.76 23,551.91 36.42%PERS CAMPUS MONITORS 4,825.91 10,337.85 5,511.94 53.32%

469,774.89 603,847.17 134,072.28 22.20%TOTAL PERS

2,778,818.83 2,790,999.36 12,180.53 0.44%TOTAL SALARIES AND PERS

32




Thru:

Year-To-Date


Accrual

003


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

BONUSESBONUSES TEACHERS 11,829.56 46,952.28 35,122.72 74.81%BONUSES LONG TERM SUBS 446.66 0.00 (446.66) 0.00%BONUSES SPED TEACHERS 548.14 0.00 (548.14) 0.00%BONUSES SUPPORT STAFF SPED 152.20 0.00 (152.20) 0.00%BONUSES SUPPORT STAFF 1,478.10 0.00 (1,478.10) 0.00%BONUSES GENERAL ADMIN 1,872.10 0.00 (1,872.10) 0.00%BONUSES LICENSED ADMIN 1,438.24 0.00 (1,438.24) 0.00%BONUSES CAMPUS MONITORS 304.40 0.00 (304.40) 0.00%

18,069.40 46,952.28 28,882.88 61.52%TOTAL BONUSES

BENEFITS

334,293.74 369,988.56 35,694.82 9.65%TOTAL BENEFITS




SPECIAL EDUCATIONSPED TEACHER SALARIES 61,229.09 143,321.25 82,092.16 57.28%SALARIES OF SUPPORT STAFF SPED 15,376.35 0.00 (15,376.35) 0.00%PERS SPED TEACHERS 17,882.96 40,349.54 22,466.58 55.68%PERS SUPPORT STAFF SPED 2,341.80 0.00 (2,341.80) 0.00%MEDICARE SPED TEACHERS 997.65 2,096.39 1,098.74 52.41%MEDICARE SUPPORT STAFF SPED 236.67 0.00 (236.67) 0.00%UNEMPLOYMENT SPED TEACHERS 585.12 0.00 (585.12) 0.00%SUI SPED 0.00 4,626.51 4,626.51 100.00%FUTA SPED 0.00 867.47 867.47 100.00%UNEMPLOYMENT SUPPORT STAFF SPED 253.36 0.00 (253.36) 0.00%

33




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Year-To-Date


Accrual

003


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

WORKERS COMP SPED TEACHERS 0.00 1,156.63 1,156.63 100.00%HEALTH BENEFITS SPED TEACHERS 7,746.37 15,975.93 8,229.56 51.51%HEALTH BENEFITS SUPPORT STAFF SPED 33.56 0.00 (33.56) 0.00%SPED CONTRACTED SERVICES 113,071.48 70,181.25 (42,890.23) -61.11%SPED SUPPLIES 407.47 6,480.00 6,072.53 93.71%SPED ASSESSMENT AND TESTING MATERIALS 810.00 0.00 (810.00) 0.00%

220,971.88 285,054.97 64,083.09 22.48%TOTAL SPECIAL EDUCATION

FOOD SERVICESFOOD SERVICES FEDERAL PROGRAM EXPENSE 0.00 749.97 749.97 100.00%FOOD SERVICES PRIVATE PROGRAM EXPENSE 978.67 0.00 (978.67) 0.00%

978.67 749.97 (228.70) -30.49%TOTAL FOOD SERVICES

INSTRUCTIONAL SUPPLIESGENERAL CLASSROOM SUPPLIES 31,483.57 19,946.25 (11,537.32) -57.84%COPIER SUPPLIES 7,464.40 2,954.97 (4,509.43) -152.60%ASSESSMENT AND TESTING MATERIALS 459.00 0.00 (459.00) 0.00%INSTRUCTIONAL - FURNITURE AND EQUIPMENT PURCHASE 5,216.53 0.00 (5,216.53) 0.00%CONSUMABLES 0.00 71,534.97 71,534.97 100.00%CONSUMABLES - TEXTBOOKS 56,039.17 0.00 (56,039.17) 0.00%CONSUMABLES - COMPUTERS (62,701.30) 0.00 62,701.30 0.00%CONSUMABLES - SUPPLIES 1,198.94 0.00 (1,198.94) 0.00%TEXTBOOKS / CURRICULUM 15,972.47 0.00 (15,972.47) 0.00%SOFTWARE 4,782.38 0.00 (4,782.38) 0.00%COMPUTER PURCHASES 23,161.09 0.00 (23,161.09) 0.00%IT SUPPLIES 849.93 0.00 (849.93) 0.00%POSTAGE 1,094.69 937.53 (157.16) -16.76%OFFICE SUPPLIES 4,587.57 9,603.72 5,016.15 52.23%NURSING SUPPLIES 1,518.14 2,216.25 698.11 31.50%GEN. ADMIN - FURNITURE AND EQUIPMENT PURCHASE 339.07 0.00 (339.07) 0.00%

91,465.65 107,193.69 15,728.04 14.67%TOTAL INSTRUCTIONAL SUPPLIES


34




Thru:

Year-To-Date


Accrual

003


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

AFFILIATION FEE - TRAINING 385.00 26,565.75 26,180.75 98.55%TRAINING & DEVELOPMENT (960.40) 0.00 960.40 0.00%TRAVEL TEACHERS 4,593.09 0.00 (4,593.09) 0.00%TRAVEL LICENSED ADMIN 3,040.04 1,500.03 (1,540.01) -102.67%


CONTRACTED SERVICESPROFESSIONAL EDUCATIONAL SERVICES 10,295.00 0.00 (10,295.00) 0.00%COPIER FEES MONTHLY 41,249.97 41,249.97 0.00 0.00%COPIER FEES OVERAGE 10,657.90 0.00 (10,657.90) 0.00%PAYROLL SERVICE FEES 4,150.00 0.00 (4,150.00) 0.00%IT SERVICES MONTHLY 30,618.57 31,027.50 408.93 1.32%IT SET UP FEES 6,342.34 3,750.03 (2,592.31) -69.13%INFINITE CAMPUS 0.00 1,500.03 1,500.03 100.00%AUDIT AND TAX SERVICES 7,562.62 7,425.00 (137.62) -1.85%LEGAL FEES 65.79 3,750.03 3,684.24 98.25%PROFESSIONAL FEES (225.06) 1,578.78 1,803.84 114.26%MANAGEMENT FEES 332,437.50 332,437.50 0.00 0.00%AFFILIATION FEE - INC. 26,565.75 26,565.75 0.00 0.00%STATE ADMINISTRATIVE FEES 66,413.97 66,413.97 0.00 0.00%

536,134.35 515,698.56 (20,435.79) -3.96%TOTAL CONTRACTED SERVICES

OTHER EXPENSESBACKGROUND/DRUG TEST 590.00 749.97 159.97 21.33%ADVERTISING/MARKETING 530.68 0.00 (530.68) 0.00%PRINTING AND BINDING EXPENSES 2,023.23 0.00 (2,023.23) 0.00%WEB SITE EXPENDITURES 613.53 2,999.97 2,386.44 79.55%DUES AND FEES 6,158.43 17,062.47 10,904.04 63.91%INTEREST EXPENSE 403,622.83 617,787.72 214,164.89 34.67%BANK FEES 10,004.50 0.00 (10,004.50) 0.00%FEES 250.00 0.00 (250.00) 0.00%

423,793.20 638,600.13 214,806.93 33.64%TOTAL OTHER EXPENSES

FACILITY MAINTENANCE

35




Thru:

Year-To-Date


Accrual

003


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

IT REPAIRS AND MAINTENANCE 301.47 0.00 (301.47) 0.00%JANITORIAL MONTHLY FEES 59,979.60 62,417.25 2,437.65 3.91%JANITORIAL ADDITIONAL SERVICES 1,000.00 0.00 (1,000.00) 0.00%REPAIRS AND MAINTENANCE 44,053.60 33,750.00 (10,303.60) -30.53%AC REPAIRS AND MAINTENANCE 15,366.00 6,750.00 (8,616.00) -127.64%LAWN CARE 13,735.00 9,675.00 (4,060.00) -41.96%SUMMER MAINTENANCE 127.94 0.00 (127.94) 0.00%CUSTODIAL SUPPLIES 9,181.54 11,819.97 2,638.43 22.32%

143,745.15 124,412.22 (19,332.93) -15.54%TOTAL FACILITY MAINTENANCE

FACILITIES OPERATIONSPROPERTY INSURANCE 24,860.76 0.00 (24,860.76) 0.00%LIABILITY INSURANCE 0.00 25,875.00 25,875.00 100.00%OTHER INSURANCES (16.50) 0.00 16.50 0.00%

24,844.26 25,875.00 1,030.74 3.98%TOTAL FACILITIES OPERATIONS

UTILITIES AND SERVICESWATER 10,148.34 9,562.50 (585.84) -6.13%SEWER 16,674.19 9,562.50 (7,111.69) -74.37%GARBAGE/DISPOSAL/TRASH 8,277.15 19,125.00 10,847.85 56.72%ALARM SERVICES 2,449.29 2,625.03 175.74 6.69%FIRE SERVICES 265.00 2,625.03 2,360.03 89.90%TELEPHONE 2,556.57 6,412.50 3,855.93 60.13%INTERNET 12,141.04 6,412.50 (5,728.54) -89.33%ELECTRICITY 42,861.24 57,375.00 14,513.76 25.30%


ADJUSTING ENTRIESDEPRECIATION EXPENSE 97,499.97 97,499.97 0.00 0.00%LEASE BUYOUT 1,392.43 0.00 (1,392.43) 0.00%

98,892.40 97,499.97 (1,392.43) -1.43%TOTAL ADJUSTING ENTRIES

4,776,688.08 5,148,540.58 371,852.50 7.22%TOTAL EXPENSES

36




Thru:

Year-To-Date


Accrual

003


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

885,731.73 406,226.48 479,505.25 118.04%NET INCOME

37




Thru:

Year-To-Date


Accrual

017

Doral Academy of Nevada Cactus Campus

ENTITY:


YTD 19-20

Mar 2020 Mar 2020

INCOME

MISC REVENUE 5,000.00 0.00 5,000.00 0.00%DSA REVENUE 5,384,699.77 5,308,020.00 76,679.77 1.44%SPED DISCRETIONARY UNIT 199,260.28 194,343.75 4,916.53 2.53%STATE GRANTS 28,917.43 21,751.47 7,165.96 32.94%SPED PART B FUNDING 39,228.35 53,437.50 (14,209.15) -26.59%

5,657,105.83 5,577,552.72 79,553.11 1.43%TOTAL INCOME

EXPENSES

SALARIESSALARIES TEACHERS 1,663,686.29 1,607,170.50 (56,515.79) -3.52%SALARIES OF LONG TERM SUBS 41,980.48 16,200.00 (25,780.48) -159.14%CONTRACTED SUBSTITUTE SERVICE 27,230.50 42,291.72 15,061.22 35.61%SALARIES OF SUPPORT STAFF 158,517.35 99,144.00 (59,373.35) -59.89%SALARIES OF GENERAL ADMIN 100,647.41 132,932.97 32,285.56 24.29%SALARIES OF LICENSED ADMIN 227,858.49 200,189.97 (27,668.52) -13.82%SALARIES OF CAMPUS MONITORS 7,974.57 36,720.00 28,745.43 78.28%

2,227,895.09 2,134,649.16 (93,245.93) -4.37%TOTAL SALARIES

PERSPERS TEACHERS 362,455.22 470,097.18 107,641.96 22.90%PERS LONG TERM SUBS 6,656.02 4,738.50 (1,917.52) -40.47%PERS SUPPORT STAFF 22,755.56 28,999.62 6,244.06 21.53%PERS GENERAL ADMIN 25,681.80 38,882.88 13,201.08 33.95%PERS LICENSED ADMIN 66,493.29 58,555.53 (7,937.76) -13.56%PERS CAMPUS MONITORS 1,188.11 10,740.60 9,552.49 88.94%

485,230.00 612,014.31 126,784.31 20.72%TOTAL PERS


38




Thru:

Year-To-Date


Accrual

017


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

BONUSESBONUSES TEACHERS 11,319.78 47,889.72 36,569.94 76.36%BONUSES LONG TERM SUBS 405.88 0.00 (405.88) 0.00%BONUSES SPED TEACHERS 761.08 0.00 (761.08) 0.00%BONUSES SUPPORT STAFF 2,101.20 0.00 (2,101.20) 0.00%BONUSES GENERAL ADMIN 1,217.68 0.00 (1,217.68) 0.00%BONUSES LICENSED ADMIN 2,022.88 0.00 (2,022.88) 0.00%BONUSES CAMPUS MONITORS 152.20 0.00 (152.20) 0.00%

17,980.70 47,889.72 29,909.02 62.45%TOTAL BONUSES

BENEFITS

287,794.27 360,931.68 73,137.41 20.26%TOTAL BENEFITS

TUITION REIMBURSEMENTTUITION REIMBURSEMENT TEACHERS 0.00 3,750.03 3,750.03 100.00%

0.00 3,750.03 3,750.03 100.00%TOTAL TUITION REIMBURSEMENT


SPECIAL EDUCATIONSPED TEACHER SALARIES 98,145.89 102,656.25 4,510.36 4.39%INSURANCE SPED TEACHERS (946.90) 0.00 946.90 0.00%PERS SPED TEACHERS 22,481.17 30,026.94 7,545.77 25.13%MEDICARE SPED TEACHERS 1,268.18 1,501.57 233.39 15.54%UNEMPLOYMENT SPED TEACHERS 1,033.47 0.00 (1,033.47) 0.00%SUI SPED 0.00 3,313.81 3,313.81 100.00%FUTA SPED 0.00 621.34 621.34 100.00%WORKERS COMP SPED TEACHERS 0.00 828.45 828.45 100.00%HEALTH BENEFITS SPED TEACHERS 12,087.96 11,443.02 (644.94) -5.64%SPED CONTRACTED SERVICES 165,455.28 151,336.50 (14,118.78) -9.33%

39




Thru:

Year-To-Date


Accrual

017


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

SPED SUPPLIES 116.93 6,750.00 6,633.07 98.27%SPED ASSESSMENT AND TESTING MATERIALS 3,057.75 0.00 (3,057.75) 0.00%SOFTWARE SPED 3,468.50 0.00 (3,468.50) 0.00%


FOOD SERVICESFOOD SERVICES FEDERAL PROGRAM EXPENSE 0.00 749.97 749.97 100.00%FOOD SERVICES PRIVATE PROGRAM EXPENSE 357.25 0.00 (357.25) 0.00%

357.25 749.97 392.72 52.36%TOTAL FOOD SERVICES

INSTRUCTIONAL SUPPLIESGENERAL CLASSROOM SUPPLIES 2,445.28 20,128.50 17,683.22 87.85%COPIER SUPPLIES 1,535.32 2,981.97 1,446.65 48.51%CONSUMABLES 0.00 71,534.97 71,534.97 100.00%CONSUMABLES - TEXTBOOKS 77,459.36 0.00 (77,459.36) 0.00%CONSUMABLES - COMPUTERS 6,162.17 0.00 (6,162.17) 0.00%CONSUMABLES - SUPPLIES 12,757.87 0.00 (12,757.87) 0.00%CONSUMABLES - FURNITURE / EQUIPMENT 411.84 0.00 (411.84) 0.00%TEXTBOOKS / CURRICULUM 107.35 0.00 (107.35) 0.00%SOFTWARE 517.49 0.00 (517.49) 0.00%IT SUPPLIES 272.82 0.00 (272.82) 0.00%POSTAGE 0.00 937.53 937.53 100.00%OFFICE SUPPLIES 1,812.54 9,691.47 7,878.93 81.30%NURSING SUPPLIES 912.84 2,236.50 1,323.66 59.18%GEN. ADMIN - FURNITURE AND EQUIPMENT PURCHASE 147.19 0.00 (147.19) 0.00%



AFFILIATION FEE - TRAINING 596.00 26,808.03 26,212.03 97.78%TRAINING & DEVELOPMENT 430.00 0.00 (430.00) 0.00%TRAVEL LICENSED ADMIN 1,066.40 1,500.03 433.63 28.91%


40




Thru:

Year-To-Date


Accrual

017


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

CONTRACTED SERVICESCOPIER FEES MONTHLY 41,249.97 41,249.97 0.00 0.00%COPIER FEES OVERAGE 7,452.67 0.00 (7,452.67) 0.00%IT SERVICES MONTHLY 30,618.57 31,311.00 692.43 2.21%IT SET UP FEES 0.00 3,750.03 3,750.03 100.00%INFINITE CAMPUS 0.00 1,500.03 1,500.03 100.00%AUDIT AND TAX SERVICES 7,562.62 7,425.00 (137.62) -1.85%LEGAL FEES 65.79 3,750.03 3,684.24 98.25%PROFESSIONAL FEES 0.00 1,578.78 1,578.78 100.00%MANAGEMENT FEES 335,475.00 335,475.00 0.00 0.00%AFFILIATION FEE - INC. 26,808.03 26,808.03 0.00 0.00%STATE ADMINISTRATIVE FEES 67,020.75 67,020.75 0.00 0.00%

516,253.40 519,868.62 3,615.22 0.70%TOTAL CONTRACTED SERVICES

OTHER EXPENSESBACKGROUND/DRUG TEST 767.00 749.97 (17.03) -2.27%ADVERTISING/MARKETING 494.77 0.00 (494.77) 0.00%PRINTING AND BINDING EXPENSES 475.48 0.00 (475.48) 0.00%WEB SITE EXPENDITURES 4,261.49 2,999.97 (1,261.52) -42.05%DUES AND FEES 8,852.00 7,312.50 (1,539.50) -21.05%INTEREST EXPENSE 403,622.82 617,787.72 214,164.90 34.67%BANK FEES (155.99) 0.00 155.99 0.00%FEES 125.00 0.00 (125.00) 0.00%

418,442.57 628,850.16 210,407.59 33.46%TOTAL OTHER EXPENSES

FACILITY MAINTENANCEJANITORIAL MONTHLY FEES 55,359.63 59,672.25 4,312.62 7.23%REPAIRS AND MAINTENANCE 18,900.68 32,625.00 13,724.32 42.07%AC REPAIRS AND MAINTENANCE 9,000.75 6,750.00 (2,250.75) -33.34%LAWN CARE 6,415.00 7,425.00 1,010.00 13.60%SUMMER MAINTENANCE 902.35 0.00 (902.35) 0.00%CUSTODIAL SUPPLIES 10,915.99 11,927.97 1,011.98 8.48%


41




Thru:

Year-To-Date


Accrual

017


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

FACILITIES OPERATIONSPROPERTY INSURANCE 24,860.76 0.00 (24,860.76) 0.00%LIABILITY INSURANCE 0.00 25,875.00 25,875.00 100.00%OTHER INSURANCES (28.50) 0.00 28.50 0.00%SITE IMPROVEMENTS 90.00 0.00 (90.00) 0.00%

24,922.26 25,875.00 952.74 3.68%TOTAL FACILITIES OPERATIONS

UTILITIES AND SERVICESWATER 8,789.76 9,562.50 772.74 8.08%SEWER 17,049.00 9,562.50 (7,486.50) -78.29%GARBAGE/DISPOSAL/TRASH 9,926.32 19,125.00 9,198.68 48.10%ALARM SERVICES 1,250.00 2,625.03 1,375.03 52.38%FIRE SERVICES 3,759.74 2,625.03 (1,134.71) -43.23%TELEPHONE 2,423.05 6,797.97 4,374.92 64.36%INTERNET 12,585.22 6,797.97 (5,787.25) -85.13%ELECTRICITY 41,596.85 57,375.00 15,778.15 27.50%




4,702,350.33 5,117,496.76 415,146.43 8.11%TOTAL EXPENSES

954,755.50 460,055.96 494,699.54 107.53%NET INCOME

42




Thru:

Year-To-Date


Accrual

018

Doral Academy of Nevada Fire Mesa Campus

ENTITY:


YTD 19-20

Mar 2020 Mar 2020

INCOME

MISC REVENUE 5,000.00 0.00 5,000.00 0.00%DSA REVENUE 5,224,219.09 5,211,898.47 12,320.62 0.24%SPED DISCRETIONARY UNIT 199,260.28 248,760.00 (49,499.72) -19.90%STATE GRANTS 34,871.02 26,229.78 8,641.24 32.94%SPED PART B FUNDING 38,454.77 68,400.00 (29,945.23) -43.78%INTEREST INCOME 76,949.88 0.00 76,949.88 0.00%

5,578,755.04 5,555,288.25 23,466.79 0.42%TOTAL INCOME

EXPENSES

SALARIESSALARIES TEACHERS 1,622,670.73 1,594,612.53 (28,058.20) -1.76%SALARIES OF LONG TERM SUBS 62,273.84 16,200.00 (46,073.84) -284.41%CONTRACTED SUBSTITUTE SERVICE 48,139.42 43,331.22 (4,808.20) -11.10%SALARIES OF SUPPORT STAFF 115,084.09 117,045.00 1,960.91 1.68%SALARIES OF GENERAL ADMIN 209,654.59 124,321.50 (85,333.09) -68.64%SALARIES OF LICENSED ADMIN 196,719.51 215,669.97 18,950.46 8.79%SALARIES OF CAMPUS MONITORS 29,647.89 36,720.00 7,072.11 19.26%

2,284,190.07 2,147,900.22 (136,289.85) -6.35%TOTAL SALARIES

PERSPERS TEACHERS 372,907.01 458,690.49 85,783.48 18.70%PERS LONG TERM SUBS 15,844.57 4,659.93 (11,184.64) -240.02%PERS SUPPORT STAFF 24,922.75 33,668.01 8,745.26 25.97%PERS GENERAL ADMIN 58,475.70 35,761.14 (22,714.56) -63.52%PERS LICENSED ADMIN 51,643.63 62,037.54 10,393.91 16.75%PERS CAMPUS MONITORS 6,426.80 10,562.49 4,135.69 39.15%

530,220.46 605,379.60 75,159.14 12.42%TOTAL PERS


43




Thru:

Year-To-Date


Accrual

018


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

BONUSESBONUSES TEACHERS 12,382.76 49,143.78 36,761.02 74.80%BONUSES LONG TERM SUBS 407.32 0.00 (407.32) 0.00%BONUSES SPED TEACHERS 253.68 0.00 (253.68) 0.00%BONUSES SUPPORT STAFF SPED 608.80 0.00 (608.80) 0.00%BONUSES SUPPORT STAFF 1,552.68 0.00 (1,552.68) 0.00%BONUSES GENERAL ADMIN 1,720.50 0.00 (1,720.50) 0.00%BONUSES LICENSED ADMIN 1,884.74 0.00 (1,884.74) 0.00%BONUSES CAMPUS MONITORS 304.40 0.00 (304.40) 0.00%

19,114.88 49,143.78 30,028.90 61.10%TOTAL BONUSES

BENEFITS

311,650.11 363,038.58 51,388.47 14.16%TOTAL BENEFITS




SPECIAL EDUCATIONSPED TEACHER SALARIES 31,316.21 157,095.00 125,778.79 80.07%SALARIES OF SUPPORT STAFF SPED 38,564.77 0.00 (38,564.77) 0.00%PERS SPED TEACHERS 5,579.32 45,188.40 39,609.08 87.65%PERS SUPPORT STAFF SPED 10,863.60 0.00 (10,863.60) 0.00%MEDICARE SPED TEACHERS 598.69 2,297.86 1,699.17 73.95%MEDICARE SUPPORT STAFF SPED 522.51 0.00 (522.51) 0.00%UNEMPLOYMENT SPED TEACHERS 185.01 0.00 (185.01) 0.00%SUI SPED 0.00 5,071.14 5,071.14 100.00%FUTA SPED 0.00 950.84 950.84 100.00%UNEMPLOYMENT SUPPORT STAFF SPED 564.46 0.00 (564.46) 0.00%

44




Thru:

Year-To-Date


Accrual

018


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

WORKERS COMP SPED TEACHERS 0.00 1,267.79 1,267.79 100.00%HEALTH BENEFITS SPED TEACHERS 4,658.85 17,511.28 12,852.43 73.40%HEALTH BENEFITS SUPPORT STAFF SPED 2,567.68 0.00 (2,567.68) 0.00%SPED CONTRACTED SERVICES 145,527.46 134,688.00 (10,839.46) -8.05%SPED SUPPLIES 1,393.10 8,640.00 7,246.90 83.88%SPED ASSESSMENT AND TESTING MATERIALS 907.74 0.00 (907.74) 0.00%


FOOD SERVICESFOOD SERVICES FEDERAL PROGRAM EXPENSE 6,214.26 749.97 (5,464.29) -728.60%FOOD SERVICES PRIVATE PROGRAM EXPENSE 110.47 0.00 (110.47) 0.00%

6,324.73 749.97 (5,574.76) -743.33%TOTAL FOOD SERVICES

INSTRUCTIONAL SUPPLIESGENERAL CLASSROOM SUPPLIES 7,215.23 19,764.00 12,548.77 63.49%COPIER SUPPLIES 3,086.50 2,927.97 (158.53) -5.41%ASSESSMENT AND TESTING MATERIALS 74.76 0.00 (74.76) 0.00%CONSUMABLES 0.00 71,534.97 71,534.97 100.00%CONSUMABLES - TEXTBOOKS 77,270.66 0.00 (77,270.66) 0.00%CONSUMABLES - COMPUTERS 3,810.35 0.00 (3,810.35) 0.00%CONSUMABLES - SUPPLIES 7,392.64 0.00 (7,392.64) 0.00%CONSUMABLES - FURNITURE / EQUIPMENT 5,963.74 0.00 (5,963.74) 0.00%TEXTBOOKS / CURRICULUM 128.74 0.00 (128.74) 0.00%SOFTWARE 1,926.48 0.00 (1,926.48) 0.00%IT SUPPLIES 1,876.67 0.00 (1,876.67) 0.00%POSTAGE 711.75 937.53 225.78 24.08%OFFICE SUPPLIES 4,231.96 9,515.97 5,284.01 55.53%NURSING SUPPLIES 1,625.02 2,196.00 570.98 26.00%



AFFILIATION FEE - TRAINING 1,848.00 26,322.75 24,474.75 92.98%AFFILIATION FEE - BATTLE OF THE BOOKS 154.00 0.00 (154.00) 0.00%

45




Thru:

Year-To-Date


Accrual

018


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

TRAINING & DEVELOPMENT (2,838.05) 0.00 2,838.05 0.00%TRAVEL TEACHERS 907.48 0.00 (907.48) 0.00%TRAVEL LICENSED ADMIN 0.00 1,500.03 1,500.03 100.00%

71.43 27,822.78 27,751.35 99.74%TOTAL TRAINING & DEVELOPMENT / TRAVEL

CONTRACTED SERVICESCOPIER FEES MONTHLY 41,249.97 41,249.97 0.00 0.00%COPIER FEES OVERAGE 9,229.75 0.00 (9,229.75) 0.00%PAYROLL SERVICE FEES 2,995.00 0.00 (2,995.00) 0.00%IT SERVICES MONTHLY 30,618.57 30,744.00 125.43 0.41%IT SET UP FEES 50.00 3,750.03 3,700.03 98.67%INFINITE CAMPUS 0.00 1,500.03 1,500.03 100.00%AUDIT AND TAX SERVICES 7,562.62 7,425.00 (137.62) -1.85%LEGAL FEES 65.79 3,750.03 3,684.24 98.25%PROFESSIONAL FEES 0.00 1,578.78 1,578.78 100.00%MANAGEMENT FEES 329,400.00 329,400.00 0.00 0.00%AFFILIATION FEE - INC. 26,322.75 26,322.75 0.00 0.00%STATE ADMINISTRATIVE FEES 65,806.47 65,806.47 0.00 0.00%


OTHER EXPENSESBACKGROUND/DRUG TEST 1,121.00 749.97 (371.03) -49.47%ADVERTISING/MARKETING 430.77 0.00 (430.77) 0.00%PRINTING AND BINDING EXPENSES 482.46 0.00 (482.46) 0.00%WEB SITE EXPENDITURES 4,225.51 2,999.97 (1,225.54) -40.85%DUES AND FEES 15,506.69 7,312.50 (8,194.19) -112.06%INTEREST EXPENSE 772,144.02 628,447.50 (143,696.52) -22.87%BANK FEES (155.99) 0.00 155.99 0.00%FEES 250.00 0.00 (250.00) 0.00%

794,004.46 639,509.94 (154,494.52) -24.16%TOTAL OTHER EXPENSES

FACILITY MAINTENANCEIT REPAIRS AND MAINTENANCE 148.25 0.00 (148.25) 0.00%JANITORIAL MONTHLY FEES 53,448.18 56,487.78 3,039.60 5.38%JANITORIAL ADDITIONAL SERVICES 1,350.00 0.00 (1,350.00) 0.00%

46




Thru:

Year-To-Date


Accrual

018


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

REPAIRS AND MAINTENANCE 7,794.97 29,999.97 22,205.00 74.02%AC REPAIRS AND MAINTENANCE 5,473.72 6,750.00 1,276.28 18.91%LAWN CARE 6,300.00 10,305.00 4,005.00 38.86%SUMMER MAINTENANCE 1,374.35 0.00 (1,374.35) 0.00%CUSTODIAL SUPPLIES 17,618.50 11,711.97 (5,906.53) -50.43%


FACILITIES OPERATIONSPROPERTY INSURANCE 24,860.76 0.00 (24,860.76) 0.00%LIABILITY INSURANCE 0.00 25,875.00 25,875.00 100.00%SITE IMPROVEMENTS 277.50 0.00 (277.50) 0.00%

25,138.26 25,875.00 736.74 2.85%TOTAL FACILITIES OPERATIONS

UTILITIES AND SERVICESWATER 18,548.90 9,749.97 (8,798.93) -90.25%SEWER 19,016.98 9,749.97 (9,267.01) -95.05%GARBAGE/DISPOSAL/TRASH 9,639.53 19,500.03 9,860.50 50.57%ALARM SERVICES 710.00 2,625.03 1,915.03 72.95%FIRE SERVICES 3,208.00 2,625.03 (582.97) -22.21%TELEPHONE 3,183.16 6,412.50 3,229.34 50.36%INTERNET 11,685.22 6,412.50 (5,272.72) -82.23%ELECTRICITY 43,407.23 58,500.00 15,092.77 25.80%




5,254,224.86 5,248,613.48 (5,611.38) -0.11%TOTAL EXPENSES

324,530.18 306,674.77 17,855.41 5.82%NET INCOME

47




Thru:

Year-To-Date


Accrual

019

Doral Academy of Nevada Red Rock Elem. Campus

ENTITY:


YTD 19-20

Mar 2020 Mar 2020

INCOME

MISC REVENUE 5,000.00 0.00 5,000.00 0.00%DSA REVENUE 4,252,987.89 4,213,307.25 39,680.64 0.94%SPED DISCRETIONARY UNIT 152,375.51 165,840.00 (13,464.49) -8.12%STATE GRANTS 65,489.47 49,260.78 16,228.69 32.94%SPED PART B FUNDING 30,167.01 45,600.00 (15,432.99) -33.84%

4,506,019.88 4,474,008.03 32,011.85 0.72%TOTAL INCOME

EXPENSES

SALARIESSALARIES TEACHERS 1,242,512.55 1,253,698.47 11,185.92 0.89%SALARIES OF LONG TERM SUBS 19,085.63 16,200.00 (2,885.63) -17.81%CONTRACTED SUBSTITUTE SERVICE 51,889.94 30,956.22 (20,933.72) -67.62%SALARIES OF SUPPORT STAFF 85,979.92 89,505.00 3,525.08 3.94%SALARIES OF GENERAL ADMIN 142,464.70 102,401.28 (40,063.42) -39.12%SALARIES OF LICENSED ADMIN 219,929.92 211,770.00 (8,159.92) -3.85%SALARIES OF CAMPUS MONITORS 8,934.73 18,360.00 9,425.27 51.34%

1,770,797.39 1,722,890.97 (47,906.42) -2.78%TOTAL SALARIES

PERSPERS TEACHERS 323,691.56 359,847.54 36,155.98 10.05%PERS LONG TERM SUBS 5,012.45 4,649.85 (362.60) -7.80%PERS SUPPORT STAFF 22,669.71 25,690.50 3,020.79 11.76%PERS GENERAL ADMIN 22,996.35 29,392.11 6,395.76 21.76%PERS LICENSED ADMIN 64,137.70 60,784.11 (3,353.59) -5.52%PERS CAMPUS MONITORS 2,595.97 5,269.86 2,673.89 50.74%

441,103.74 485,633.97 44,530.23 9.17%TOTAL PERS


48




Thru:

Year-To-Date


Accrual

019


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

BONUSESBONUSES TEACHERS 9,483.86 41,306.22 31,822.36 77.04%BONUSES LONG TERM SUBS 507.40 0.00 (507.40) 0.00%BONUSES SPED TEACHERS 507.36 0.00 (507.36) 0.00%BONUSES SUPPORT STAFF SPED 152.20 0.00 (152.20) 0.00%BONUSES SUPPORT STAFF 913.20 0.00 (913.20) 0.00%BONUSES GENERAL ADMIN 1,302.86 0.00 (1,302.86) 0.00%BONUSES LICENSED ADMIN 2,002.04 0.00 (2,002.04) 0.00%BONUSES CAMPUS MONITORS 152.20 0.00 (152.20) 0.00%

15,021.12 41,306.22 26,285.10 63.63%TOTAL BONUSES

BENEFITS

262,424.29 291,858.57 29,434.28 10.09%TOTAL BENEFITS

TUITION REIMBURSEMENTTUITION REIMBURSEMENT TEACHERS 4,950.00 3,750.03 (1,199.97) -32.00%

4,950.00 3,750.03 (1,199.97) -32.00%TOTAL TUITION REIMBURSEMENT


SPECIAL EDUCATIONSPED TEACHER SALARIES 68,983.25 112,418.25 43,435.00 38.64%SALARIES OF SUPPORT STAFF SPED 15,734.64 0.00 (15,734.64) 0.00%PERS SPED TEACHERS 20,131.60 32,267.27 12,135.67 37.61%PERS SUPPORT STAFF SPED 4,230.89 0.00 (4,230.89) 0.00%MEDICARE SPED TEACHERS 986.31 1,644.36 658.05 40.02%MEDICARE SUPPORT STAFF SPED 220.98 0.00 (220.98) 0.00%UNEMPLOYMENT SPED TEACHERS 667.71 0.00 (667.71) 0.00%SUI SPED 0.00 3,628.94 3,628.94 100.00%FUTA SPED 0.00 680.43 680.43 100.00%UNEMPLOYMENT SUPPORT STAFF SPED 212.60 0.00 (212.60) 0.00%WORKERS COMP SPED TEACHERS 0.00 907.23 907.23 100.00%HEALTH BENEFITS SPED TEACHERS 8,403.16 12,531.18 4,128.02 32.94%

49




Thru:

Year-To-Date


Accrual

019


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

HEALTH BENEFITS SUPPORT STAFF SPED 264.01 0.00 (264.01) 0.00%SPED CONTRACTED SERVICES 40,722.99 79,607.25 38,884.26 48.85%SPED SUPPLIES 360.37 5,760.00 5,399.63 93.74%SPED ASSESSMENT AND TESTING MATERIALS 175.55 0.00 (175.55) 0.00%


FOOD SERVICESFOOD SERVICES FEDERAL PROGRAM EXPENSE 0.00 749.97 749.97 100.00%


INSTRUCTIONAL SUPPLIESGENERAL CLASSROOM SUPPLIES 15,009.68 15,977.25 967.57 6.06%COPIER SUPPLIES 0.00 2,367.00 2,367.00 100.00%ASSESSMENT AND TESTING MATERIALS 90.00 0.00 (90.00) 0.00%CONSUMABLES 0.00 56,287.53 56,287.53 100.00%CONSUMABLES - TEXTBOOKS 69,843.22 0.00 (69,843.22) 0.00%CONSUMABLES - COMPUTERS 2,900.00 0.00 (2,900.00) 0.00%CONSUMABLES - SUPPLIES 5,474.25 0.00 (5,474.25) 0.00%CONSUMABLES - FURNITURE / EQUIPMENT 159.42 0.00 (159.42) 0.00%TEXTBOOKS / CURRICULUM 967.87 0.00 (967.87) 0.00%SOFTWARE 8,738.62 0.00 (8,738.62) 0.00%COMPUTER PURCHASES 958.00 0.00 (958.00) 0.00%IT SUPPLIES (2,100.27) 0.00 2,100.27 0.00%POSTAGE 0.00 937.53 937.53 100.00%OFFICE SUPPLIES 1,377.15 7,692.75 6,315.60 82.10%NURSING SUPPLIES 2,191.10 1,775.25 (415.85) -23.42%



AFFILIATION FEE - TRAINING 447.00 21,278.97 20,831.97 97.90%TRAINING & DEVELOPMENT (3,130.73) 0.00 3,130.73 0.00%

50




Thru:

Year-To-Date


Accrual

019


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

TRAVEL TEACHERS 2,791.84 0.00 (2,791.84) 0.00%TRAVEL LICENSED ADMIN (852.17) 1,500.03 2,352.20 156.81%

(744.06) 22,779.00 23,523.06 103.27%TOTAL TRAINING & DEVELOPMENT / TRAVEL

CONTRACTED SERVICESCOPIER FEES MONTHLY 41,249.97 41,249.97 0.00 0.00%COPIER FEES OVERAGE 6,882.44 0.00 (6,882.44) 0.00%PAYROLL SERVICE FEES 3,625.00 0.00 (3,625.00) 0.00%IT SERVICES MONTHLY 23,414.19 24,853.50 1,439.31 5.79%IT SET UP FEES 100.00 3,750.03 3,650.03 97.33%INFINITE CAMPUS 0.00 1,500.03 1,500.03 100.00%AUDIT AND TAX SERVICES 5,783.18 7,425.00 1,641.82 22.11%LEGAL FEES 50.31 3,750.03 3,699.72 98.66%PROFESSIONAL FEES 0.00 791.28 791.28 100.00%MANAGEMENT FEES 266,287.50 266,287.50 0.00 0.00%AFFILIATION FEE - INC. 21,278.97 21,278.97 0.00 0.00%STATE ADMINISTRATIVE FEES 53,198.28 53,198.28 0.00 0.00%


OTHER EXPENSESBACKGROUND/DRUG TEST 59.00 749.97 690.97 92.13%ADVERTISING/MARKETING 538.26 0.00 (538.26) 0.00%PRINTING AND BINDING EXPENSES 521.80 0.00 (521.80) 0.00%WEB SITE EXPENDITURES 566.94 2,999.97 2,433.03 81.10%DUES AND FEES 55,588.90 45,375.03 (10,213.87) -22.51%INTEREST EXPENSE 617,715.27 608,175.00 (9,540.27) -1.57%BANK FEES (119.28) 0.00 119.28 0.00%FEES 125.00 0.00 (125.00) 0.00%


FACILITY MAINTENANCEIT REPAIRS AND MAINTENANCE 168.30 0.00 (168.30) 0.00%JANITORIAL MONTHLY FEES 49,211.10 57,508.47 8,297.37 14.43%JANITORIAL ADDITIONAL SERVICES 2,425.00 0.00 (2,425.00) 0.00%REPAIRS AND MAINTENANCE 29,479.28 25,875.00 (3,604.28) -13.93%

51




Thru:

Year-To-Date


Accrual

019


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

AC REPAIRS AND MAINTENANCE 2,880.00 6,750.00 3,870.00 57.33%LAWN CARE 5,850.00 7,211.97 1,361.97 18.88%CUSTODIAL SUPPLIES 10,512.37 9,468.00 (1,044.37) -11.03%


FACILITIES OPERATIONSPROPERTY INSURANCE 18,968.73 0.00 (18,968.73) 0.00%LIABILITY INSURANCE 0.00 25,875.00 25,875.00 100.00%RENT/LEASE PAYMENTS 13,146.24 0.00 (13,146.24) 0.00%


UTILITIES AND SERVICESWATER 8,692.68 8,250.03 (442.65) -5.37%SEWER 9,056.04 8,250.03 (806.01) -9.77%GARBAGE/DISPOSAL/TRASH 15,607.79 16,499.97 892.18 5.41%ALARM SERVICES 450.00 2,625.03 2,175.03 82.86%FIRE SERVICES 2,809.04 2,625.03 (184.01) -7.01%TELEPHONE 1,986.09 7,493.22 5,507.13 73.49%INTERNET 6,645.51 7,493.22 847.71 11.31%ELECTRICITY 33,544.69 49,500.00 15,955.31 32.23%


ADJUSTING ENTRIESDEPRECIATION EXPENSE 164,999.97 164,999.97 0.00 0.00%

164,999.97 164,999.97 0.00TOTAL ADJUSTING ENTRIES

4,233,554.14 4,385,260.45 151,706.31 3.46%TOTAL EXPENSES

272,465.74 88,747.58 183,718.16 207.01%NET INCOME

52




Thru:

Year-To-Date


Accrual

020

Doral Academy of Las Vegas Red Rock MH Campus

ENTITY:


YTD 19-20

Mar 2020 Mar 2020

INCOME

MISC REVENUE 30,000.00 0.00 30,000.00 0.00%DSA REVENUE 5,508,584.08 5,425,500.78 83,083.30 1.53%SPED DISCRETIONARY UNIT 222,702.68 235,803.75 (13,101.07) -5.56%SPED PART B FUNDING 41,246.17 64,837.50 (23,591.33) -36.39%

5,802,532.93 5,726,142.03 76,390.90 1.33%TOTAL INCOME

EXPENSES

SALARIESSALARIES TEACHERS 1,578,529.01 1,571,931.00 (6,598.01) -0.42%SALARIES OF LONG TERM SUBS 162,899.29 16,200.00 (146,699.29) -905.55%CONTRACTED SUBSTITUTE SERVICE 41,287.32 43,331.22 2,043.90 4.72%SALARIES OF SUPPORT STAFF 123,398.62 81,000.00 (42,398.62) -52.34%SALARIES OF GENERAL ADMIN 122,637.40 127,091.97 4,454.57 3.50%SALARIES OF LICENSED ADMIN 284,528.56 224,058.78 (60,469.78) -26.99%SALARIES OF CAMPUS MONITORS 46,001.33 64,350.00 18,348.67 28.51%

2,359,281.53 2,127,962.97 (231,318.56) -10.87%TOTAL SALARIES

PERSPERS TEACHERS 289,960.57 440,288.10 150,327.53 34.14%PERS LONG TERM SUBS 24,129.26 4,537.53 (19,591.73) -431.77%PERS SUPPORT STAFF 17,415.78 22,687.56 5,271.78 23.24%PERS GENERAL ADMIN 23,909.74 35,597.70 11,687.96 32.83%PERS LICENSED ADMIN 67,396.03 62,757.45 (4,638.58) -7.39%PERS CAMPUS MONITORS 6,631.30 18,024.03 11,392.73 63.21%

429,442.68 583,892.37 154,449.69 26.45%TOTAL PERS


BONUSES

53




Thru:

Year-To-Date


Accrual

020


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

BONUSES TEACHERS 9,233.92 50,381.28 41,147.36 81.67%BONUSES LONG TERM SUBS 1,166.92 0.00 (1,166.92) 0.00%BONUSES SPED TEACHERS 507.36 0.00 (507.36) 0.00%BONUSES SUPPORT STAFF SPED 152.20 0.00 (152.20) 0.00%BONUSES SUPPORT STAFF 1,072.30 0.00 (1,072.30) 0.00%BONUSES GENERAL ADMIN 1,121.92 0.00 (1,121.92) 0.00%BONUSES LICENSED ADMIN 79.26 0.00 (79.26) 0.00%BONUSES CAMPUS MONITORS 304.40 0.00 (304.40) 0.00%

13,638.28 50,381.28 36,743.00 72.93%TOTAL BONUSES

BENEFITS

397,987.36 359,599.05 (38,388.31) -10.68%TOTAL BENEFITS

TUITION REIMBURSEMENTTUITION REIMBURSEMENT TEACHERS (1,500.00) 3,750.03 5,250.03 140.00%

(1,500.00) 3,750.03 5,250.03 140.00%TOTAL TUITION REIMBURSEMENT

3,198,849.85 3,125,585.70 (73,264.15) -2.34%REGULAR PERSONNEL COSTS

SPECIAL EDUCATIONSPED TEACHER SALARIES 92,507.05 214,119.75 121,612.70 56.80%SALARIES OF SUPPORT STAFF SPED 4,332.39 0.00 (4,332.39) 0.00%PERS SPED TEACHERS 22,253.73 59,973.61 37,719.88 62.89%PERS SUPPORT STAFF SPED 1,571.46 0.00 (1,571.46) 0.00%MEDICARE SPED TEACHERS 1,331.83 3,131.97 1,800.14 57.48%MEDICARE SUPPORT STAFF SPED 65.02 0.00 (65.02) 0.00%UNEMPLOYMENT SPED TEACHERS 1,186.88 0.00 (1,186.88) 0.00%SUI SPED 0.00 6,911.94 6,911.94 100.00%FUTA SPED 0.00 1,295.99 1,295.99 100.00%UNEMPLOYMENT SUPPORT STAFF SPED 53.80 0.00 (53.80) 0.00%WORKERS COMP SPED TEACHERS 0.00 1,727.98 1,727.98 100.00%HEALTH BENEFITS SPED TEACHERS 8,841.72 23,867.78 15,026.06 62.96%

54




Thru:

Year-To-Date


Accrual

020


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

HEALTH BENEFITS SUPPORT STAFF SPED 11.22 0.00 (11.22) 0.00%SPED CONTRACTED SERVICES 68,974.46 100,515.00 31,540.54 31.38%SPED SUPPLIES 206.11 8,190.00 7,983.89 97.48%


FOOD SERVICESFOOD SERVICES FEDERAL PROGRAM EXPENSE 0.00 749.97 749.97 100.00%


INSTRUCTIONAL SUPPLIESGENERAL CLASSROOM SUPPLIES 14,766.46 20,574.00 5,807.54 28.23%COPIER SUPPLIES 1,135.83 3,048.03 1,912.20 62.74%CONSUMABLES 0.00 126,438.75 126,438.75 100.00%CONSUMABLES - TEXTBOOKS 75,628.26 0.00 (75,628.26) 0.00%CONSUMABLES - COMPUTERS 22,865.12 0.00 (22,865.12) 0.00%CONSUMABLES - SUPPLIES 860.26 0.00 (860.26) 0.00%CONSUMABLES - FURNITURE / EQUIPMENT 323.84 0.00 (323.84) 0.00%TEXTBOOKS / CURRICULUM 783.87 0.00 (783.87) 0.00%SOFTWARE 4,756.21 0.00 (4,756.21) 0.00%COMPUTER PURCHASES 47,522.80 0.00 (47,522.80) 0.00%IT SUPPLIES 11,310.19 0.00 (11,310.19) 0.00%POSTAGE 0.00 937.53 937.53 100.00%OFFICE SUPPLIES 12,679.02 9,906.03 (2,772.99) -27.99%NURSING SUPPLIES 1,686.37 2,286.00 599.63 26.23%



AFFILIATION FEE - TRAINING 0.00 27,401.22 27,401.22 100.00%TRAVEL TEACHERS 3,470.10 0.00 (3,470.10) 0.00%TRAVEL LICENSED ADMIN (773.88) 1,500.03 2,273.91 151.59%


CONTRACTED SERVICES

55




Thru:

Year-To-Date


Accrual

020


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

PROFESSIONAL EDUCATIONAL SERVICES 240.00 0.00 (240.00) 0.00%COPIER FEES MONTHLY 48,750.03 48,750.03 0.00 0.00%COPIER FEES OVERAGE 11,167.96 0.00 (11,167.96) 0.00%PAYROLL SERVICE FEES 10,685.25 0.00 (10,685.25) 0.00%IT SERVICES MONTHLY 34,220.75 35,003.97 783.22 2.24%IT SET UP FEES 4,500.00 12,750.03 8,250.03 64.71%INFINITE CAMPUS 0.00 1,500.03 1,500.03 100.00%AUDIT AND TAX SERVICES 8,452.34 7,425.00 (1,027.34) -13.84%LEGAL FEES 73.53 3,750.03 3,676.50 98.04%PROFESSIONAL FEES 0.00 1,578.78 1,578.78 100.00%MANAGEMENT FEES 342,900.00 342,900.00 0.00 0.00%AFFILIATION FEE - INC. (28,848.78) (28,848.78) 0.00 0.00%STATE ADMINISTRATIVE FEES 56,680.02 68,503.50 11,823.48 17.26%


OTHER EXPENSESBACKGROUND/DRUG TEST 708.00 749.97 41.97 5.60%ADVERTISING/MARKETING 1,084.80 0.00 (1,084.80) 0.00%WEB SITE EXPENDITURES 3,844.26 2,999.97 (844.29) -28.14%DUES AND FEES 66,822.62 45,375.03 (21,447.59) -47.27%INTEREST EXPENSE 816,266.52 810,900.00 (5,366.52) -0.66%BANK FEES (174.34) 0.00 174.34 0.00%FEES 125.00 0.00 (125.00) 0.00%ATHLETICS 7,721.49 24,374.97 16,653.48 68.32%


FACILITY MAINTENANCEIT REPAIRS AND MAINTENANCE 50.00 0.00 (50.00) 0.00%JANITORIAL MONTHLY FEES 106,449.66 97,652.97 (8,796.69) -9.01%JANITORIAL ADDITIONAL SERVICES 15,191.14 0.00 (15,191.14) 0.00%REPAIRS AND MAINTENANCE 34,540.03 30,375.00 (4,165.03) -13.71%AC REPAIRS AND MAINTENANCE 6,125.00 6,750.00 625.00 9.26%LAWN CARE 5,850.00 10,068.03 4,218.03 41.90%CUSTODIAL SUPPLIES 1,073.57 12,192.03 11,118.46 91.19%


56




Thru:

Year-To-Date


Accrual

020


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

FACILITIES OPERATIONSPROPERTY INSURANCE 27,612.39 0.00 (27,612.39) 0.00%LIABILITY INSURANCE 0.00 29,999.97 29,999.97 100.00%RENT/LEASE PAYMENTS 21,282.48 0.00 (21,282.48) 0.00%EQUIPMENT RENTALS 106.04 0.00 (106.04) 0.00%SITE IMPROVEMENTS 4,750.00 0.00 (4,750.00) 0.00%


UTILITIES AND SERVICESWATER 12,677.60 13,124.97 447.37 3.41%SEWER 7,159.58 13,124.97 5,965.39 45.45%GARBAGE/DISPOSAL/TRASH 12,073.20 26,250.03 14,176.83 54.01%ALARM SERVICES 1,365.00 3,187.53 1,822.53 57.18%FIRE SERVICES 5,231.56 3,187.53 (2,044.03) -64.13%TELEPHONE 2,315.00 7,499.97 5,184.97 69.13%INTERNET 11,163.04 7,499.97 (3,663.07) -48.84%ELECTRICITY 48,756.30 78,750.00 29,993.70 38.09%


ADJUSTING ENTRIESDEPRECIATION EXPENSE 260,250.03 260,250.03 0.00 0.00%

260,250.03 260,250.03 0.00TOTAL ADJUSTING ENTRIES

5,566,441.04 5,715,786.82 149,345.78 2.61%TOTAL EXPENSES

236,091.89 10,355.21 225,736.68 2179.93%NET INCOME

57




Thru:

Year-To-Date


Accrual

023

Doral Academy of Nevada Pebble Campus

ENTITY:


YTD 19-20

Mar 2020 Mar 2020

INCOME

MISC REVENUE 5,000.00 0.00 5,000.00 0.00%DSA REVENUE 5,274,950.84 5,217,238.50 57,712.34 1.11%SPED DISCRETIONARY UNIT 199,260.34 139,927.50 59,332.84 42.40%STATE GRANTS 48,479.21 36,465.75 12,013.46 32.94%SPED PART B FUNDING 32,263.49 38,475.00 (6,211.51) -16.14%

5,559,953.88 5,432,106.75 127,847.13 2.35%TOTAL INCOME

EXPENSES

SALARIESSALARIES TEACHERS 1,472,234.16 1,543,086.75 70,852.59 4.59%SALARIES OF LONG TERM SUBS 95,714.13 16,200.00 (79,514.13) -490.83%CONTRACTED SUBSTITUTE SERVICE 58,167.80 42,291.75 (15,876.05) -37.54%SALARIES OF SUPPORT STAFF 108,144.91 97,200.00 (10,944.91) -11.26%SALARIES OF GENERAL ADMIN 163,250.48 130,664.25 (32,586.23) -24.94%SALARIES OF LICENSED ADMIN 221,763.02 219,922.50 (1,840.52) -0.84%SALARIES OF CAMPUS MONITORS 27,954.92 36,000.00 8,045.08 22.35%

2,147,229.42 2,085,365.25 (61,864.17) -2.97%TOTAL SALARIES

PERSPERS TEACHERS 323,577.72 435,548.13 111,970.41 25.71%PERS LONG TERM SUBS 19,041.87 4,572.58 (14,469.29) -316.44%PERS SUPPORT STAFF 21,713.62 27,435.45 5,721.83 20.86%PERS GENERAL ADMIN 38,502.86 36,880.99 (1,621.87) -4.40%PERS LICENSED ADMIN 64,717.42 62,074.82 (2,642.60) -4.26%PERS CAMPUS MONITORS 4,125.32 10,161.28 6,035.96 59.40%

471,678.81 576,673.25 104,994.44 18.21%TOTAL PERS


58




Thru:

Year-To-Date


Accrual

023


ENTITY:


YTD 19-20

Mar 2020 Mar 2020

BONUSESBONUSES TEACHERS 10,904.56 48,114.75 37,210.19 77.34%BONUSES LONG TERM SUBS 659.56 0.00 (659.56) 0.00%BONUSES SPED TEACHERS 507.36 0.00 (507.36) 0.00%BONUSES SUPPORT STAFF 1,674.20 0.00 (1,674.20) 0.00%BONUSES GENERAL ADMIN 1,499.92 0.00 (1,499.92) 0.00%BONUSES LICENSED ADMIN 2,063.44 0.00 (2,063.44) 0.00%BONUSES CAMPUS MONITORS 152.20 0.00 (152.20) 0.00%

17,461.24 48,114.75 30,653.51 63.71%TOTAL BONUSES

BENEFITS

283,324.66 352,430.07 69,105.41 19.61%TOTAL BENEFITS




SPECIAL EDUCATIONSPED TEACHER SALARIES 77,781.51 98,775.00 20,993.49 21.25%PERS SPED TEACHERS 13,605.45 27,880.01 14,274.56 51.20%MEDICARE SPED TEACHERS 813.90 1,444.80 630.90 43.67%UNEMPLOYMENT SPED TEACHERS 659.05 0.00 (659.05) 0.00%SUI SPED 0.00 3,188.53 3,188.53 100.00%FUTA SPED 0.00 597.85 597.85 100.00%WORKERS COMP SPED TEACHERS 0.00 797.13 797.13 100.00%HEALTH BENEFITS SPED TEACHERS 10,315.35 11,010.38 695.03 6.31%SPED CONTRACTED SERVICES 201,403.91 152,412.00 (48,991.91) -32.14%SPED SUPPLIES 1,401.77 4,860.00 3,458.23 71.16%SPED ASSESSMENT AND TESTING MATERIALS 1,260.73 0.00 (1,260.73) 0.00%

307,241.67 300,965.69 (6,275.98) -2.09%TOTAL SPECIAL EDUCATION

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ENTITY:


YTD 19-20

Mar 2020 Mar 2020

FOOD SERVICESFOOD SERVICES FEDERAL PROGRAM EXPENSE 783.59 750.00 (33.59) -4.48%

783.59 750.00 (33.59) -4.48%TOTAL FOOD SERVICES

INSTRUCTIONAL SUPPLIESGENERAL CLASSROOM SUPPLIES 22,685.39 19,784.25 (2,901.14) -14.66%COPIER SUPPLIES 758.12 2,931.00 2,172.88 74.13%ASSESSMENT AND TESTING MATERIALS 257.50 0.00 (257.50) 0.00%INSTRUCTIONAL - FURNITURE AND EQUIPMENT PURCHASE 2,589.32 0.00 (2,589.32) 0.00%CONSUMABLES 0.00 70,893.75 70,893.75 100.00%CONSUMABLES - TEXTBOOKS 70,861.88 0.00 (70,861.88) 0.00%CONSUMABLES - COMPUTERS 3,352.39 0.00 (3,352.39) 0.00%CONSUMABLES - SUPPLIES 2,583.68 0.00 (2,583.68) 0.00%CONSUMABLES - FURNITURE / EQUIPMENT 16,422.17 0.00 (16,422.17) 0.00%TEXTBOOKS / CURRICULUM 3,169.27 0.00 (3,169.27) 0.00%SOFTWARE 10,209.39 0.00 (10,209.39) 0.00%IT SUPPLIES 594.93 0.00 (594.93) 0.00%POSTAGE 0.00 750.00 750.00 100.00%OFFICE SUPPLIES 3,386.91 9,525.75 6,138.84 64.44%NURSING SUPPLIES 321.07 2,198.25 1,877.18 85.39%



AFFILIATION FEE - TRAINING 924.00 26,349.75 25,425.75 96.49%TRAINING & DEVELOPMENT 750.00 0.00 (750.00) 0.00%TRAVEL TEACHERS (484.59) 0.00 484.59 0.00%TRAVEL LICENSED ADMIN 3,259.89 1,500.00 (1,759.89) -117.33%


CONTRACTED SERVICESPROFESSIONAL EDUCATIONAL SERVICES 1,000.00 0.00 (1,000.00) 0.00%COPIER FEES MONTHLY 41,250.00 41,250.00 0.00 0.00%PAYROLL SERVICE FEES 3,860.00 0.00 (3,860.00) 0.00%

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ENTITY:


YTD 19-20

Mar 2020 Mar 2020

IT SERVICES MONTHLY 30,618.64 30,775.50 156.86 0.51%IT SET UP FEES 450.00 4,875.00 4,425.00 90.77%INFINITE CAMPUS 0.00 1,500.00 1,500.00 100.00%AUDIT AND TAX SERVICES 7,562.62 7,425.00 (137.62) -1.85%LEGAL FEES 1,539.19 3,750.00 2,210.81 58.95%PROFESSIONAL FEES 0.00 1,578.75 1,578.75 100.00%MANAGEMENT FEES 329,737.50 329,737.50 0.00 0.00%AFFILIATION FEE - INC. 26,349.75 26,349.75 0.00 0.00%STATE ADMINISTRATIVE FEES 77,697.48 65,874.00 (11,823.48) -17.95%


OTHER EXPENSESBACKGROUND/DRUG TEST 590.00 750.00 160.00 21.33%ADVERTISING/MARKETING 507.86 0.00 (507.86) 0.00%PRINTING AND BINDING EXPENSES 448.52 0.00 (448.52) 0.00%WEB SITE EXPENDITURES 4,262.21 3,000.00 (1,262.21) -42.07%DUES AND FEES 9,677.01 7,312.50 (2,364.51) -32.34%BANK FEES (156.00) 0.00 156.00 0.00%FEES 375.00 0.00 (375.00) 0.00%


FACILITY MAINTENANCEIT REPAIRS AND MAINTENANCE 1,578.38 0.00 (1,578.38) 0.00%JANITORIAL MONTHLY FEES 52,986.15 56,323.50 3,337.35 5.93%JANITORIAL ADDITIONAL SERVICES 274.20 0.00 (274.20) 0.00%REPAIRS AND MAINTENANCE 36,925.36 27,375.00 (9,550.36) -34.89%AC REPAIRS AND MAINTENANCE 5,830.00 6,750.00 920.00 13.63%LAWN CARE 7,150.00 9,675.00 2,525.00 26.10%SUMMER MAINTENANCE 3,542.18 0.00 (3,542.18) 0.00%CUSTODIAL SUPPLIES 13,166.68 11,724.00 (1,442.68) -12.31%


FACILITIES OPERATIONSPROPERTY INSURANCE 50,683.08 0.00 (50,683.08) 0.00%LIABILITY INSURANCE 0.00 25,875.00 25,875.00 100.00%

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YTD 19-20

Mar 2020 Mar 2020

RENT/LEASE PAYMENTS 627,003.00 627,000.00 (3.00) 0.00%


UTILITIES AND SERVICESWATER 16,811.88 9,562.50 (7,249.38) -75.81%SEWER 13,989.20 9,562.50 (4,426.70) -46.29%GARBAGE/DISPOSAL/TRASH 9,454.04 19,125.00 9,670.96 50.57%ALARM SERVICES 1,055.00 2,625.00 1,570.00 59.81%FIRE SERVICES 3,297.30 2,625.00 (672.30) -25.61%TELEPHONE 3,808.32 6,412.50 2,604.18 40.61%INTERNET 10,832.94 6,412.50 (4,420.44) -68.93%ELECTRICITY 42,734.82 57,375.00 14,640.18 25.52%


ADJUSTING ENTRIESDEPRECIATION EXPENSE 219,750.03 219,750.00 (0.03) 0.00%

219,750.03 219,750.00 (0.03) 0.00%TOTAL ADJUSTING ENTRIES

5,027,803.05 5,124,332.25 96,529.20 1.88%TOTAL EXPENSES

532,150.83 307,774.50 224,376.33 72.90%NET INCOME

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Doral Academy of Nevada Executive Director

ENTITY:


YTD 19-20

Mar 2020 Mar 2020

INCOME

0.00 0.00 0.00TOTAL INCOME

EXPENSES

SALARIESSALARIES TEACHERS 16,802.08 155,379.75 138,577.67 89.19%SALARIES OF SUPPORT STAFF 1,947.92 0.00 (1,947.92) 0.00%SALARIES OF GENERAL ADMIN 326,133.22 83,850.00 (242,283.22) -288.95%SALARIES OF LICENSED ADMIN 94,269.53 148,701.00 54,431.47 36.60%

439,152.75 387,930.75 (51,222.00) -13.20%TOTAL SALARIES

PERSPERS TEACHERS 4,914.62 28,308.60 23,393.98 82.64%PERS SUPPORT STAFF 569.77 0.00 (569.77) 0.00%PERS GENERAL ADMIN 77,770.74 15,276.61 (62,494.13) -409.08%PERS LICENSED ADMIN 91.40 27,091.80 27,000.40 99.66%

83,346.53 70,677.00 (12,669.53) -17.93%TOTAL PERS

522,499.28 458,607.75 (63,891.53) -13.93%TOTAL SALARIES AND PERS

BONUSESBONUSES TEACHERS 1,425.00 0.00 (1,425.00) 0.00%BONUSES SUPPORT STAFF 355.14 0.00 (355.14) 0.00%BONUSES GENERAL ADMIN 2,658.80 0.00 (2,658.80) 0.00%BONUSES LICENSED ADMIN 525.00 0.00 (525.00) 0.00%

4,963.94 0.00 (4,963.94)TOTAL BONUSES

BENEFITS

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YTD 19-20

Mar 2020 Mar 2020

87,944.10 42,615.00 (45,329.10) -106.37%TOTAL BENEFITS

TUITION REIMBURSEMENTTUITION REIMBURSEMENT TEACHERS 0.00 7,050.00 7,050.00 100.00%

0.00 7,050.00 7,050.00 100.00%TOTAL TUITION REIMBURSEMENT

615,407.32 508,272.75 (107,134.57) -21.08%REGULAR PERSONNEL COSTS

SPECIAL EDUCATIONSPED TEACHER SALARIES 33,377.03 0.00 (33,377.03) 0.00%PERS SPED TEACHERS 9,730.07 0.00 (9,730.07) 0.00%MEDICARE SPED TEACHERS 464.26 0.00 (464.26) 0.00%HEALTH BENEFITS SPED TEACHERS 2,988.56 0.00 (2,988.56) 0.00%SPED CONTRACTED SERVICES 0.00 3,750.00 3,750.00 100.00%TRAVEL SPED TEACHERS 463.99 0.00 (463.99) 0.00%

47,023.91 3,750.00 (43,273.91) -1153.97%TOTAL SPECIAL EDUCATION

FOOD SERVICES

0.00 0.00 0.00TOTAL FOOD SERVICES

INSTRUCTIONAL SUPPLIESGENERAL CLASSROOM SUPPLIES 0.00 2,250.00 2,250.00 100.00%COPIER SUPPLIES 0.00 13,125.00 13,125.00 100.00%COMPUTER PURCHASES 2,176.00 0.00 (2,176.00) 0.00%OFFICE SUPPLIES 1,787.08 0.00 (1,787.08) 0.00%GEN. ADMIN - FURNITURE AND EQUIPMENT PURCHASE 3,567.52 0.00 (3,567.52) 0.00%



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ENTITY:


YTD 19-20

Mar 2020 Mar 2020

AFFILIATION FEE - TRAINING 82,107.64 0.00 (82,107.64) 0.00%TRAVEL TEACHERS 4,084.35 0.00 (4,084.35) 0.00%TRAVEL LICENSED ADMIN 213.00 0.00 (213.00) 0.00%

86,404.99 0.00 (86,404.99)TOTAL TRAINING & DEVELOPMENT / TRAVEL

CONTRACTED SERVICESPROFESSIONAL EDUCATIONAL SERVICES 3,214.88 0.00 (3,214.88) 0.00%PAYROLL SERVICE FEES (76,254.95) 0.00 76,254.95 0.00%AFFILIATION FEE - INC. 4,440.82 0.00 (4,440.82) 0.00%

(68,599.25) 0.00 68,599.25TOTAL CONTRACTED SERVICES

OTHER EXPENSESBACKGROUND/DRUG TEST 295.00 0.00 (295.00) 0.00%ADVERTISING/MARKETING 1,278.00 0.00 (1,278.00) 0.00%DUES AND FEES 120.00 1,500.00 1,380.00 92.00%

1,693.00 1,500.00 (193.00) -12.87%TOTAL OTHER EXPENSES

FACILITY MAINTENANCE

0.00 0.00 0.00TOTAL FACILITY MAINTENANCE

FACILITIES OPERATIONS

0.00 0.00 0.00TOTAL FACILITIES OPERATIONS

UTILITIES AND SERVICES

0.00 0.00 0.00TOTAL UTILITIES AND SERVICES

ADJUSTING ENTRIES

0.00 0.00 0.00TOTAL ADJUSTING ENTRIES

689,460.57 528,897.75 (160,562.82) -30.36%TOTAL EXPENSES

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ENTITY:


YTD 19-20

Mar 2020 Mar 2020

(689,460.57) (528,897.75) (160,562.82) -30.36%NET INCOME

66


Support Summary

Meeting Date: May 6, 2020 Agenda Item: 6 – Review and Approval of MOU with Hazel Health Number of Enclosures: 1

SUBJECT: Hazel Health MOU X Action Appointments Approval Consent Agenda Information Public Hearing Regular Adoption

Presenter (s): Michael Muehle Recommendation: Proposed wording for motion/action: Move to approve the MOU with Hazel Health, as presented. Fiscal Impact: N/A Estimated Length of time for consideration (in minutes): 5-7 Minutes Background: Under this MOU, at no cost to the student or school, students who qualify for Medicaid will be able to speak to a doctor face to face through a Hazel Health device while at school. Submitted By: Staff

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4833-0472-8472.2

MEMORANDUM OF UNDERSTANDING BETWEEN DORAL ACADEMY OF NEVADA AND HAZEL HEALTH INC. AND SCHOOL BASED URGENT CARE

NETWORK

This Telehealth Professional Services Agreement (“Agreement”) is made and entered into as of April 10, 2020 (the “Effective Date”), by and between , Hazel Health Inc., a Delaware corporation qualified to do business in California (“Hazel”) and School Based Urgent Care Network PC., doing business as Hazel Health Services, a California professional corporation (Hazel Health) and Doral Academy of Nevada, a Nevada Public Charter School existing under the state laws of Nevada, (“District”), for the provision of telehealth-based professional health care services, therapy and counseling services. Each entity is referred to individually as a “party” and the entities collectively are referred to as the “parties.”

RECITALS

A. Hazel Health engages physicians and other licensed practitioners, such as nurse practitioners duly licensed in various states, including the State of Nevada who are qualified and experienced in providing telehealth based primary care services.

B. Hazel is in the business of assisting Hazel Health by providing non-clinical services such as telehealth technology, training, and technology support services.

C. District is within the state of Nevada and desires to engage Hazel Health to provide certain telehealth-based services to its enrolled students.

D. District believes a contract by which it arranges for these telehealth services will improve quality healthcare access for its students, as well as reduce truancy related illness, increase retention, and overall improve academic performance of its students.

E. Healthcare services, therapy or counseling services may occur at the District or outside the District to covered students as agreed upon by the Parties.

NOW, THEREFORE, for and in consideration of the recitals above and the mutual covenants and conditions contained herein, the parties agree as follows:

1. Hazel and Hazel Health Obligations. District hereby engages Hazel Health to be a Physician or Professional of telehealth-based primary care services (the “Services”), as outlined in Exhibit A and Statements of Work (the “Services”).

1.1 Applicable Standards. Hazel Health shall at all times render Services in accordance with: (i) professional standards of care; (ii) applicable statutes and regulations; (iii) District’s written policies; and (iv) any protocols developed by the parties. The parties agree that care outcomes are dependent on the joint cooperation and successful integration of Hazel Health’s and District’s clinical teams.

1.2 Coverage and Response Time. Hazel Health shall make the Services available in accordance with the service level availability requested by District. District understands and agrees that Hazel Health is not responsible for unavailability of the Services, or for a delay or interruption in performing the Services, if such unavailability is due to a network communications

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4833-0472-8472.2

or technology error, failure, or interruption, or to unexpected volume, beyond the control of Hazel Health based upon commercially reasonable standards. In the event the full scope of Services is unable to be provided (e.g., unanticipated unavailability of Hazel Health Physician or Professionals, a network server error, equipment or system malfunction), District shall be responsible to provide its customary level of care for students which may be limited to visits with the school nurse. In such event, Hazel Health shall make best efforts for its Physicians or Professionals to continue to be available for phone consultation, to the extent such is appropriate in the Physician or Professionals’ professional judgment.

1.3 Telehealth Technology and Support. Hazel shall provide the technology and support as set forth in this Agreement.

1.4 Hazel and Hazel Health’s Representations. Hazel Health represents as follows, and shall notify District immediately upon becoming aware that any of the representations below is no longer correct:

(a) Hazel and Hazel Health have the authority to enter into this Agreement;

(b) Hazel and Hazel Health are not bound by any agreement or arrangement that would preclude it from entering into, or from fully performing the Services required under this Agreement;

(c) Neither Hazel Health nor any Physician or Professional providing services under this Agreement: (i) is a “sanctioned person” under any federal or state program or law; (ii) has been listed in the current List of Excluded Individuals and Entities by the Office of Inspector General for the U.S. Department of Health and Human Services; (iii) has been listed on the General Services Administration’s List of Parties Excluded from Federal Programs; (iv) has been listed on the U.S. Department of Treasury, Office of Foreign Assets Control’s Specially Designated Nationals and Blocked Persons List; or (v) has been convicted of a criminal offense related to health care.

(d) Hazel and Hazel Health shall ensure transparency in cost and billing and provide adequate information to any third party users on cost and billing;

(e) Hazel and Hazel Health shall provide appropriate portals or mechanisms to third party users for remittance of payment;

(f) Hazel and Hazel Health shall provide parents with information within 48 hours after each Student’s health visit, including, but not limited to: (i) information on treatment and health procedures provided, (ii) list of unmet needs, recommendations of referrals and necessary follow-ups, (iii) contact information for providers, and (iv) other necessary instructions.

1.5 Independent Medical Judgment. Hazel Health and its Physician or Professionals shall use their independent medical and professional judgment when performing professional telehealth services. Hazel shall neither have nor exercise any control over the professional judgment and medical decision-making of the Physicians or Professionals.

1.6 Applicable Standards and Staffing. To enable Hazel Health to provide the Services, District shall staff and equip its location(s) in accordance with: (i) applicable standards of care; (ii) applicable statutes and regulations; (iii) District’s written policies; and (iv) any

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4833-0472-8472.2

protocols developed by the parties. District shall provide the appropriate specialization and quantity of on-site staff, such as a school nurse, to work with the Physician or Professionals by assisting as telepresenters if necessary.

1.7 Telehealth Technology and Support. District shall provide the technology and support as set forth in this Agreement. The selected sites must have consistent Wi-Fi access of 1.5 Mbps download 500 Kbps upload. District agrees to provide a regular data feed to Provider with demographic and relevant data necessary to provide the highest quality care as outlined in Exhibit B. District will also provide printing capabilities as needed with the requisite supplies, including but not limited to printer, toner and printing paper.

1.8 Telepresenter/Initiator. District shall make an onsite individual available to Hazel Health for purposes of serving as a telepresenter/initiator who will assist with certain administrative and basic clinical functions under the direction and supervision of the Hazel Health’s Physician or Provider as required by applicable state law. The duties of Initiators include, but are not limited to, (a) verifying that the Youth’s parents/guardians have consented to treatment by Provider and (b) launching the application to start the visit.

1.9 District’s Representations. District represents as follows, and shall notify Hazel Health immediately upon becoming aware any of the representations below is no longer correct:

(a) District is a school in good standing under the laws of the State of Nevada, and has the authority to enter into this Agreement;

(b) District is not bound by any agreement or arrangement that would preclude it from entering into, or from fully performing its obligations under, this Agreement;

(c) Neither District nor any of its employees, officers or agents: (i) are “sanctioned persons” under any federal or state program or law; (ii) have been listed in the current List of Excluded Individuals and Entities by the Office of Inspector General for the U.S. Department of Health and Human Services; (iii) have been listed on the General Services Administration’s List of Parties Excluded from Federal Programs; (iv) have been listed on the U.S. Department of Treasury, Office of Foreign Assets Control’s Specially Designated Nationals and Blocked Persons List; or (v) have been convicted of a criminal offense related to health care;

1.10 Covered Schools. The list of schools covered under this Agreement and receiving the Services (“Covered Schools”) and the specific service(s) are set forth in the applicable Statement(s) of Work, and may be amended from time to time with new Covered Schools added, upon mutual written agreement by the parties. Mutual written agreement includes email and facsimile communications. Additional Covered Schools shall incur additional fees. Except as otherwise agreed by the parties in writing, District may not add new Covered Schools, or transfer or offer access to the technology or the Services to any affiliates, subsidiaries, parent corporations, entities, or third parties. District may not resell the Services or technology to another party.

1.11 Neither District nor its affiliates or subsidiaries, nor any employee, agent or representative of District or its affiliates has any financial relationship, direct or indirect, with any Physician or Professional, except as expressly set forth in this Agreement.

2. Medical Records; FERPA; HIPAA Privacy & Security.

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4833-0472-8472.2

2.1 HIPAA Compliance. The health records of Hazel Health’s patients which are prepared and maintained by Hazel Health in connection with providing the Services hereunder are the property of Hazel Health. Hazel Health agrees to comply with all applicable federal and State laws and regulations relating to the maintenance, uses and disclosures of protected health information (including any heightened requirements for mental health records), including, without limitation, the Health Insurance Portability and Accountability Act of 1996, as codified at 42 U.S.C. § 1320 et. seq. (“HIPAA”), as amended by the Health Information Technology for Economic and Clinical Health Act, as incorporated in the American Recovery and Reinvestment Act of 2009, and any current and future regulations promulgated thereunder, including those published at 45 C.F.R. Parts 160, 162, and 164, all collectively referred to herein as “HIPAA Requirements.” To the extent required by the HIPAA Requirements, Hazel Health shall obtain authorization and consent from the patients and/or patients’ parents or legal guardians to use or disclose the patients’ protected health information.

2.2 FERPA Compliance. The parties acknowledge that information provided by District to Hazel Health may be considered education records that are subject to the Family Educational Rights and Privacy Act, codified at 20 U.S.C. § 1232g, and its implementing regulations, codified at 32 C.F.R. Part 99, collectively referred to herein as “FERPA.” The parties further acknowledge that, in some instances, FERPA or State law may require a patient’s authorization to disclose education records from the District to Hazel Health. To the extent required by FERPA or State law, District shall obtain the patient’s authorization to disclose education records to Hazel Health. Hazel Health agrees to comply with any FERPA or applicable State law requirements regarding the confidentiality of education records.

2.3 The Parties shall comply with the Data Services Agreement as attached here at Exhibit B.

3. Compensation. Compensation shall be payable in accordance with the payment provisions set forth in the applicable Statement(s) of Work, incorporated herein (“Compensation”).

4. Billing and Collection. Except to the extent inconsistent with federal or state law, Hazel Health and its Physician or Professionals shall have the sole and exclusive right to bill and collect for the Services from all patients, health plans, governmental agencies, third party payers, and other financially-responsible parties.

5. Term and Termination.

5.1 Term. The initial term of this Agreement shall commence on the Effective Date and shall continue for a minimum period of one (1) year or until all Statements of Work have terminated or expired, whichever is later (the “Initial Term”). Upon the conclusion of the Initial Term, this Agreement shall automatically renew for subsequent successive one (1) year terms. The parties recognize there may be a ramp-up period following the Effective Date, and the actual commencement of Services under this Agreement is contingent upon the parties jointly determining a mutually-agreeable Service schedule. To the extent a new Covered School or service is subsequently added to this Agreement under a new or amended Statement of Work that has its own term and termination provisions, the terms in that Statement of Work shall govern for that new service or Covered School only, and termination of/changes to one Statement of Work shall not terminate this Agreement as a whole. Notwithstanding the foregoing, this Agreement may be terminated as follows:

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4833-0472-8472.2

5.2 Termination.

(a) Termination Without Cause. After the conclusion of the Initial Term, either party may terminate this Agreement at any time without cause upon ninety (90) days’ written notice to the other party.

(b) Termination for Cause. Either party may terminate this Agreement for cause upon material breach by the other party, provided such material breach continues uncured for thirty (30) days after receipt by the breaching party of written notice from the other party specifying such breach. The notice of breach under this Section shall specify with reasonable particularity the nature and extent of the breach for which complaint has been made.

(c) Immediate Termination. Either party may terminate this Agreement immediately by written notice to the other party upon the occurrence of any of the following events: (i) the other party is listed by a federal agency as being debarred, excluded, terminated, or otherwise ineligible for federal healthcare program participation; (ii) the other party discontinues operations for at least fifteen (15) days or loses its required licensure or accreditation; (iii) the other party files a petition in bankruptcy, or makes an assignment for the benefit of creditors; if any involuntary petition in bankruptcy or petition for an arrangement pursuant to any bankruptcy laws is filed against the other party and such petition or assignment is not dismissed or rescinded, as applicable, within ninety (90) days; or (iv) if all of the Statements of Work have terminated, lapsed, or expired.

(d) Change in Law. If any state or federal laws or regulations, now existing or enacted or promulgated after the Effective Date, are interpreted by a judicial decision, a regulatory agency or legal counsel in such a manner that this Agreement or any provision hereof may be in violation of such laws or regulations, the parties shall amend this Agreement as necessary to preserve the underlying economic and financial arrangements between the parties and without substantial economic detriment to either party. If, in the written opinion of a party’s legal counsel, this cannot be done, then such party may provide thirty (30) days’ prior written notice to the other party of the Agreement’s termination.

(e) Effect of Termination. The parties shall cooperate to ensure the smooth transition of patient care during termination of this Agreement. To the extent the parties entered into any licensing or other agreements regarding the Services, such agreements shall immediately and automatically terminate concurrent with this Agreement, as will any Statement of Work. Each Physician or Professional’s credentialing with District and its Covered School(s) shall automatically terminate for the type of Services rendered under this Agreement, except to the extent the Physician or Professional held such membership or privileges prior to the Effective Date of this Agreement. Within thirty (30) days of the termination or expiration of this Agreement, each party shall return to the other all equipment, software, and Confidential Information owned by the other party, and District shall pay in full all Compensation due to Hazel Health.

6. Independent Contractors. Hazel Health and District are independent contractors. Nothing under this Agreement is intended, nor shall be construed, to create a partnership, employer-employee relationship, or joint venture between the parties. Neither District nor Hazel Health (nor their respective agents or employees) shall have any authority to bind the other party without the other party’s express written consent. Each party shall be solely responsible for reporting, withholding, and paying all taxes and other sums due to individuals providing services

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4833-0472-8472.2

on its behalf. Likewise, each party shall be solely responsible to provide and pay for all workers’ compensation insurance for any employed individuals providing services on its behalf. Hazel Health may engage subcontractors to perform certain of their obligations under this Agreement; provided that no such subcontract shall relieve Hazel Health of its respective obligations under this Agreement.

7. Insurance. Each party shall secure and maintain professional and general liability insurance (which may be provided through a combination of insurance and/or program of self-insurance) covering such party against any claims or losses arising out of the performance of its the obligations and services hereunder in an amount of at least One Million Dollars ($1,000,000.00) per occurrence and Three Million Dollars ($3,000,000.00) in the aggregate per annum or in any greater minimum amount if required by State law. Upon the receipt of any notice of cancellation, termination, or material change of such policy, the affected party shall promptly notify the other in writing. In the event a party procures a “claims-made” policy to meet the insurance requirements herein, such party shall obtain “tail” coverage upon the termination of any such policy or upon termination of this Agreement. Said “tail” policy shall provide coverage for an indefinite reporting period. Each party will furnish to the other party upon written request, a certificate of insurance evidencing all of the herein specified policies of insurance. Said policies shall be primary with respect to any insurance maintained by the other party.

8. Access to Books and Records. To the extent applicable, until the expiration of four (4) years after the furnishing of Services hereunder, the parties shall make available to the Secretary of the Department of Health and Human Services, the Comptroller General of the United States, or their duly-authorized representatives, such books, documents and records necessary to certify the nature and extent of the cost of the Services. If any Services are performed by way of subcontract with another organization and the value or cost of such subcontracted Services is Ten Thousand Dollars ($10,000) or more over a twelve (12) month period, such subcontract shall contain and the respective party shall enforce a clause to the same effect as this Section. The availability of the parties’ books, documents and records shall be subject at all times to all applicable legal requirements, including without limitation, such criteria and procedures for seeking and obtaining access that may be promulgated by the Secretary.

9. Indemnification. Each party to this Agreement (“Indemnifying Party”) shall indemnify and hold the other party to this Agreement (“Indemnified Party”) harmless from any and all claims asserted against the Indemnified Party by any person who is not a party to this Agreement (and all related liabilities, costs and expenses of any kind whatsoever, including but not limited to attorneys’ fees and court costs), to the extent arising out of (i) the negligent acts or omissions or misconduct of the Indemnifying Party, its employees or agents, (ii) noncompliance with any applicable federal or state law, rule or regulation by the Indemnifying Party, its employees or agents, or (iii) any breach by the Indemnifying Party, its agents, employees, or servants of any material covenant or condition of this Agreement. In addition, Hazel shall indemnify and hold District harmless from any and all claims asserted against District by any person who is not a party to this Agreement (and all related liabilities, costs and expenses of any kind whatsoever, including but not limited to attorneys’ fees and court costs), to the extent arising out of the Services provided hereunder. The obligations herein shall survive termination of this Agreement. This indemnification shall not apply to claims covered by insurance, to the extent of such insurance coverage.

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10. Disclaimer of Warranties. Any equipment and software are provided “as is,” with all faults, and without warranty of any kind. Without regard to equipment and software, Hazel Health disclaims all warranties, express and implied, including, but not limited to, the implied warranties of merchantability and fitness for a particular purpose. District expressly agrees and acknowledges that use of the equipment and software is at District’s sole risk. Neither Hazel nor Hazel Health warrant that the equipment or software will meet district’s requirements, or that the equipment or software is compatible with any particular hardware or software platform, or that the operation of the equipment or software will be uninterrupted or error-free, or that defects in the equipment or software will be corrected. No oral or written information or advice given by Hazel Health or their authorized representatives shall create a warranty or in any way increase the scope of this warranty.

11. Third Party Disclaimer. Neither Hazel nor Hazel Health make any warranty of any kind, whether express or implied with regard to the third party content or any software, equipment, or hardware obtained from third parties (collectively, the “third party items”). Hazel and Hazel Health expressly disclaim all warranties, express and implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, and title/non-infringement with regard to the third party items. Nothing in this agreement shall be interpreted as a warranty, either express or implied, by Hazel or Hazel Health that would expand in any way a standard end-user warranty.

12. Limitation of Liability. In no event shall any party be liable to the other party or any third party for any incidental or consequential damages (including, without limitation, indirect, special, punitive, or exemplary damages for loss of business, loss of profits, business interruption, loss of data, or loss of business information) arising out of or connected in any way with the performance under this agreement, or use of or inability to use the equipment or software, or for any claim by any other party, even if Hazel or Hazel Health have been advised of the possibility of such damages. Hazel and Hazel Health shall not be liable for defects in or failures of equipment and/or software, or for defaults by, or defects in services rendered by, third parties. This limitation of liability shall apply even if the express warranties set forth above fail of their essential purpose.

13. Compliance; No Referrals Required. Each party agrees to comply with all applicable laws and regulations in performing its obligations hereunder, including but not limited to the federal and state anti-kickback and self-referral laws and regulations, at all times during the term of this Agreement. Although Hazel Health is obligated to provide the Services to District specified in this Agreement, no party is required to refer patients to, or otherwise generate business for, the other party. The parties intend this Agreement to comply with 42 U.S.C. § 1320a-7b(b) (the Anti-Kickback Statute), 42 U.S.C. § 1395nn (the Stark Law) and any other federal or state law provision governing health care fraud and abuse. The Compensation herein has been determined through good faith and arm’s length bargaining to be commercially reasonable and consistent with the fair market value of the Services. The Compensation does not include any discount, rebate, or kickback, nor is it intended to be an inducement or payment for referral of patients from one party to another. This Agreement shall be interpreted and construed at all times in a manner consistent with applicable laws and regulations governing the financial relationships among individuals and entities that provide or arrange for the provision of items or services that are reimbursable by governmental health care programs or other third party payers. The parties acknowledge that none of the benefits hereunder are conditioned on any requirement that one party make referrals to, be in a position to make or influence referrals to, or otherwise generate business for the other party. The parties further acknowledge that Hazel Health and its Physician or Professionals are not restricted and can render services for another school district of their own choosing, nor do the

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services under this Agreement include, directly or indirectly, marketing services by either party. There is no agreement, express or implied, between District and Hazel Health regarding the referral of patients or business among them.

14. Publicity. Neither party will use for publicity, promotion or otherwise, any logo, name, trade name, service mark or trademark of the other party or its affiliates, or any simulation, abbreviation or adaptation of the same, or the name of any employee or agent of the other party, without that party’s prior, written, express consent. Notwithstanding the foregoing, Hazel Health may publicly identify District as a user of the Services, and District may publicly identify Hazel Health as its Physician or Professional of the Services. The parties may publicly announce they have entered into this Agreement, but neither shall disclose the specific terms of this Agreement (including pricing) to any third party.

15. Entire Agreement; Amendment. This Agreement sets forth the entire agreement between the parties with regard to the subject matter hereof, and supersedes all prior or contemporaneous oral or written agreements entered into between the parties. All Exhibits and attachments referred to herein are hereby incorporated into this Agreement. This Agreement and Exhibits may be amended only by a written agreement signed by the parties.

16. Governing Law. The terms and conditions of this Agreement, as well as all disputes arising under or relating to this Agreement, shall be governed by Nevada law, specifically excluding its choice-of-law principles. The exclusive forum and venue for the foregoing is the State or District Court of Clark County, Nevada, unless such action cannot by law be brought in such forum, in which case the venue required by law shall govern.

17. Assignment; Binding Effect. No party may assign or transfer this Agreement without the prior written consent of the other parties, such consent not to be unreasonably withheld. Any unpermitted attempt to assign all or part of this Agreement shall be null and void ab initio. Notwithstanding the foregoing, Hazel Health may, without prior consent but upon written notice to District, assign or transfer this Agreement, and/or any of its rights, duties, or obligations hereunder, to any entity that is an affiliate or subsidiary of Hazel Health or any successor organization assuming a controlling interest in Hazel Health or its assets. This Agreement shall inure to the benefit of and bind the parties hereto and their respective heirs, representatives, successors and permitted assigns.

18. Miscellaneous. Severability. The invalidity or unenforceability of any term or provision of this Agreement shall not affect the validity or unenforceability of any other term(s) or provision(s). Waiver. No waiver, including any waiver of breach, shall be valid unless in writing and signed by the parties. Recitals/Captions. The recitals are incorporated into this Agreement, but the captions are used solely for convenience. Non-Discrimination. Each party agrees that, in the performance of this Agreement, services will be provided without discrimination toward any patients, employees, or other persons to the extent prohibited by law. This includes the parties’ agreement to treat all patients without regard to payer source, race, color, national origin, citizenship, sex, age, sexual orientation, disability, religion, or other factors unrelated to the patient’s need for health care services. Force Majeure. Each party shall be excused from delays in performing its obligations if resulting from causes beyond the commercially reasonable control of the party, including default of vendors, acts of God, governmental actions, fire, flood, epidemic, and embargoes. No Third Party Beneficiaries. Nothing in this Agreement is intended, nor shall be deemed, to confer any benefits on any third party, including, without limitation any patients or

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District contractors, nor shall such person or entity have any right to seek, enforce or recover any right or remedy with respect hereto. Notices. All notices hereunder shall be in writing, delivered personally, or by delivery service with a delivery confirmation, and shall be deemed to have been received when delivered in person or as of the date recorded on a signature card or similar proof of receipt, to the address on the signature blocks at the end of this Agreement. Counterparts. This Agreement may be executed in one or more counterparts, all of which together shall constitute only one agreement. If any signature is delivered by facsimile or email or is signed in any electronic format, such signature shall create a valid and binding obligation with the same force and effect as if such signature were handwritten. Attorney’s Fees. In the event that any legal action is instituted by either of the parties hereto to enforce or construe any of the provisions or conditions of this Agreement, the party prevailing in any such action shall be entitled to recover from the other party all court costs and reasonable attorney fees, including the costs and fees incurred in enforcing any judgment. Survival. The following sections shall survive expiration or termination of this Agreement: Sections 3, 5, 6.2(e), 9 through 16, and 18 through 21.

The parties hereto have executed this Agreement as of the Effective Date.

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School Based Urgent Care Network PC

By: ___________________

Dr. Rob Darzynkiewicz President 10775 Pioneer Trail Ste 215 Truckee CA 96161 Attn: ___________________

Doral Academy of Nevada

By: Name: Title:

ADDRESS.

______________ _______________

Hazel Health, Inc.

By: ___________________ Josh Golomb CEO and President 604 Mission Street Ste. 800 San Francisco, California 94105 Attn: ___________________

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EXHIBIT A

SERVICES

The Services provided by Hazel Health pursuant to this Agreement are set forth in the Statement(s) of Work attached to this Exhibit A.

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STATEMENT OF WORK: #1

Covered Schools

Hazel Health shall provide the telehealth based primary care services for students at District’s Covered Schools listed below:

School Name Address Effective Date

Students at home

This list of covered schools may be amended from time to time, as provided in this Agreement and new locations added, upon mutual written agreement by the parties. Additional covered Schools shall incur additional fees, when applicable.

Services

1. Telehealth Services: For each consultation, the Hazel Health Physician or Professional shall:

a. Direct/supervise Initiator in performing initial clinical tasks.

b. Conduct a healthcare consult to assess the patient’s clinical needs; and

c. Based upon the healthcare consult, should Hazel Health Physician or Professional determine the patient’s condition constitutes an emergent matter, refer the patient or directly contact the appropriate emergency service Physician or Professionals (e.g., 911).

d. Only patients who have completed the necessary steps to create a valid Physician or Professional-patient relationship via telehealth will receive consultations by Hazel Health Physician or Professionals, including the following steps:

i. Agreeing to an informed consent form, terms of use, and release of information and privacy policies

ii. Completing a comprehensive clinical history disclosure via the online platform

iii. Documenting a patient assessment.

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2. Availability. Hazel Health shall make its Physician or Professionals available to provide the Services during normal school hours. Parties may expand or contract hours as mutually agreed in writing.

3. Request Process/ Response Time. Requests for Services will be sent to Hazel Health and Physician or Professionals via the provided system. Physician or Professionals shall respond to District as soon as possible after being sent a request for a telehealth consult and shall be capable of initiating Services as soon as is reasonably possible under the circumstances.

4. Sufficient Information. The Physician or Professional’s service is reliant upon the accuracy and completeness of the patient information conveyed to the Physician or Professional, which is the sole responsibility of the student/patient. The Physician or Professionals have the right to refuse to provide the Services if, in the independent clinical judgment of the Physician or Professional, necessary information has not been provided to him or her.

5. Consents. To the extent required under state law or third party payer rules, Hazel Health shall obtain a valid patient informed consent to telehealth services, and shall place the consent in the patient’s health record. To the extent required under state law or third party payer rules, Hazel Health shall communicate to and inform the patient of the nature of the professional services, including that such services will be delivered via telehealth.

6. Telepresenter/Initiator. Hazel Health shall properly direct and supervise the telepresenter/initiator onsite at the Covered School. Hazel Health shall not and require that its Physicians and Providers do not require such telepresenter/initiator to perform services beyond his/her scope of practice under applicable state law.

7. Communication Protocols. The parties will make reasonable steps to share, discuss, and agree upon communication protocols after execution of this Statement of Work. The parties shall work together, to revise and modify as needed their communication procedures for facilitating, and initiating telehealth consults.

Compensation

There is no cost to the district for the services provided.

Technology and Support

District’s Technology and Support Requirements. District shall provide its own Internet telecommunication lines necessary to effectively run the telehealth systems and equipment at District’s school(s), including all costs associated with installation (if needed), maintenance and monthly availability fees. District is responsible for providing its own information technology support staff for its equipment, connectivity, software, and technology.

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System Testing and Start-Up Period. As soon as the parties have installed and tested the telehealth equipment and software, and developed communication and clinical protocols, the parties shall conduct a series of “acceptance tests” designed to simulate a telehealth consult and shall refine the process as they mutually agree. The parties shall use all reasonable efforts to complete all start up, protocol development, and system testing matters approximately ten (10) days prior to the target commencement date for the Services in this Statement of Work.

District Training. During the initial on-boarding and setup following the Effective Date, Hazel Health will be responsible for providing initial training and orientation to appropriate staff designated by District on telehealth technology utilized at District’s location(s). District agrees to fully collaborate with Hazel Health through this period of training and implementation. After the initial implementation and training performed by Hazel Health, District is solely responsible to provide ongoing training to its staff unless it elects to purchase additional optional training from Hazel Health.

Hazel Health Services

By: ___________________

Dr. Rob Darzynkiewicz President 10775 Pioneer Trail Ste 215 Truckee CA 96161 Attn: ___________________


By: Name: Title:

ADDRESS.

______________ _______________

Hazel Health, Inc.

By: ___________________ Josh Golomb CEO and President 604 Mission Street Ste. 800 San Francisco, California 94105 Attn: ___________________

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EXHIBIT B

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Data Services Agreement for Doral Academy of Nevada

This Agreement is entered into between Doral Academy of Nevada (“District”) and Hazel Health Services PC (“Service Provider”) on April 21, 2020 (“Effective Date”).

WHEREAS, the District is a Nevada public entity subject to all Nevada and federal laws governing education, including but not limited to the Nevada Education Code, the Children’s Online Privacy and Protection Act (“COPPA”), and the Family Educational Rights and Privacy Act (“FERPA”);

WHEREAS, the District and the Service Provider desire to enter into the Data Services Agreement;

NOW, THEREFORE, for good and valuable consideration, the Parties agree as follows:

1. Service Provider shall not use any information in a Pupil Record for any purpose other than those required or specifically permitted by the Data Services Agreement. For the purposes of this Agreement, a “Pupil Record” or Pupil Records” include any information directly related to a pupil that is maintained by the District or acquired directly from the pupil through the use of instructional software or applications assigned to the pupil by a teacher or other District employees. Pupil Records does not include de-identified information (information that, on its own or in aggregate, cannot be used to identify an individual pupil) used by the third party (1) to improve educational products for adaptive learning purposes and for customized pupil learning; (2) to demonstrate the effectiveness of the operator’s products in the marketing of those products; or (3) for the development and improvement of educational sites, services, or applications.

2. All Pupil Records obtained by Service Provider from District continue to be the property of and under control of the District. The District retains exclusive control over student and staff data, including determining who may access data and how it may be used for legitimate authorized purposes.

3. Service Provider shall provide a means by which its employees, when so authorized, can search and export Pupil Records through reasonable procedures such that the District can respond to a parent, legal guardian or eligible student who seeks to review personally identifiable information on the pupil’s records or correct erroneous information. Service Provider shall provide procedures for the transfer of pupil-generated content to an account, format or medium designated by the District.

4. Service Provider may not distribute Pupil Records to any third party without District’s express written consent or as permitted by the Agreement, unless

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required by law. Unless permitted by the Agreement, use of subcontractors and subcontractor access to Pupil Records must be approved in writing by the District. Service Provider will ensure that approved subcontractors adhere to all provisions of the Data Services Agreement. Provider ensures that any subcontractor or subprocessor that it engages to process, store or access Pupil Records has adequate technical security and organizational measures in place to keep Pupil Records secure and to comply with the terms of the Data Services Agreement.

5. Service Provider shall take actions to ensure the security and confidentiality of Pupil Records, including but not limited to designating and training responsible individuals on ensuring the security and confidentiality of Pupil Records.

5.1. Service Provider shall maintain all data obtained or generated pursuant to the Agreement in a secure computer environment and not copy, reproduce or transmit data obtained pursuant to the Agreement except as necessary to fulfill the purpose of the original request. Service Provider shall warrant that security measures are in place to help protect against loss, misuse and alteration of the data under Service Provider’s control. When the Service or data are accessed using a supported web browser, Secure Socket Layer (“SSL”) or equivalent technology protects information, using both server authentication and data encryption to help ensure that data is safe, secure and available to only authorized users. Service Provider shall host content pursuant to the Service in a secure server environment that uses firewalls and other advanced technology to prevent interference or access from outside intruders. Where applicable, the Service will require unique account identifiers, usernames and passwords that must be entered each time a client or user signs on.

6. Service Provider certifies that Pupil Records shall not be retained or available to the Service Provider or any such third party that the Service not be retained or available to the Service Provider or any such third party that the Service Provider has contracted with for the purpose of providing the Service following the completion of the terms of the Data Services Agreement. Service Provider shall destroy or return to the District all Pupil Records obtained pursuant to the Data Services Agreement when such Pupil Records are no longer required for the Service, or within a reasonable period of time, unless the Service Provider is required by law or regulations to maintain the Pupil Records. Nothing in this Agreement authorizes the Service Provider to maintain personally identifiable data beyond the time period reasonably needed to complete the disposal of Pupil Records following the Service.

7. Upon becoming aware of any unlawful or unauthorized access to Pupil Records stored on equipment used by Service Provider or in facilities used by Service Provider, Service Provider will take the following measures:

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7.1. Promptly notify the District of the suspected or actual incident. This will occur within 24 hours of confirmation of the incident;

7.2. Promptly investigate the incident and provide District with detailed information regarding the incident, including the identity of affected Pupil Records and Users; and

7.3. Assist the District in notifying affected users, affected parents, and legal guardians of the unauthorized access to Pupil Records and of commercially reasonable steps to mitigate the effects and to minimize any damage resulting from the incident.

8. The terms and conditions of the Data Services Agreement and any addenda are incorporated in the Agreement signed by both parties on 4/21/2020. This Agreement shall govern the treatment of student records in order to comply with the privacy protections, including those found in FERPA. In the event there is a conflict between the terms of this Agreement or any other agreement or contract document(s), the terms of this Agreement shall apply.

9. This Agreement shall remain in effect for the duration of the signed agreement between the District and the Service Provider titled.

10. Neither District nor Service Provider may modify or amend the terms of this Agreement without mutual written consent.

IN WITNESS WHEREOF, parties executed this Agreement on the dates set forth below.

__________________________ __________________________

Doral Academy of Nevada Hazel Health Services PC

__________________________ __________________________

[Title] [Title]

__________________________ __________________________

[DATE] [DATE]

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Support Summary

Meeting Date: May 6, 2020 Agenda Item: 7 – Review and Approval of Facilities Communications Policy Number of Enclosures: 1

SUBJECT: Facilities Communications Policy X Action Appointments Approval Consent Agenda Information Public Hearing Regular Adoption

Presenter (s): Michael Muehle Recommendation: Proposed wording for motion/action: Move to approve the Facilities Communications Policy, as presented. Fiscal Impact: N/A Estimated Length of time for consideration (in minutes): 5-7 Minutes Background: As discussed during the April 2, 2020 Board meeting, a facilities communication policy has been developed to ensure timely communication regarding timelines of facility projects. Submitted By: Staff

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Doral Academy of Nevada Facility Delay Policy The purpose of this policy is to ensure that any material delays on facility projects approved by the Doral Academy of Nevada Board of Directors (“Board”) are communicated to the Board so that the Board can determine if any action is necessary to take. For purposes of this policy, facility project shall mean any building/construction project that the Board approves in an open meeting. If after the Board approves a Facility Project, there is a delay of thirty (30) or more days in the start or completion of the project, Academica shall notify the Board Chair and Board Treasurer of the reason for the delay. The Board Chair or the Board Treasurer in their discretion may call for a board meeting at the earliest possible time, to address any issues with the project, including re-evaluation of the project if necessary. If a delay results in an increase for the project cost, such increase will need to be approved by Board at an open meeting.

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Support Summary

Meeting Date: May 6, 2020 Agenda Item: 8 – Approval to Select the General Contractor for the Red Rock P.E. Addition Project Number of Enclosures: 4

SUBJECT: Selection of General Contractor for the P.E. Addition Project for the Red Rock Elementary Campus X Action Appointments Approval Consent Agenda Information Public Hearing Regular Adoption

Presenter (s): Butch Tomasetti/Michael Muehle Recommendation: Proposed wording for motion/action: Move to approve the selection of ___________ as the general contractor for the P.E. addition for the Red Rock Elementary campus. Fiscal Impact: N/A Estimated Length of time for consideration (in minutes): 5-7 Minutes Background: After receiving bids the Board needs to select the general contractor for the P.E. addition for the Red Rock Elementary campus. Submitted By: Staff

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Prepared by Butch Tomasetti 5/3/2020 Page 1

License #

Discipline Action 10% 1 5% 2 Total

ethos 3 Fee Permits 3

KDW Construction Yes Yes No bid submitted $0 $0 $0 $0 $0NDL Group Yes Yes 56942 0 $498,389.54 $49,839 $24,919 $74,758 $573,148 $627,930Nevada General Construction Yes Yes 31854 0 $448,254.00 $44,825 $22,413 $67,238 $515,492 $570,274R & O Construction Yes Yes 34039 1 $511,900.00 $51,190 $25,595 $76,785 $588,685 $643,467Rafael Construction Yes Yes 51491 0 $485,800.00 $48,580 $24,290 $72,870 $558,670 $613,452Roche Construction Yes Yes 42653 0 $571,700.00 $57,170 $28,585 $85,755 $657,455 $712,237

3 Estimate.

2 As a result of COVID-19, State and County permits are running behind. Since the 1st round of plan/check permit comments have not been returned to Ethos 3 as of May 6, 2020, the Ethos 3 Project Manager is suggesting an additional 5% contingency fee be applied. While not expected, this contingency fee would be used to offset any unforeseen issues/concerns uncovered during the permitting process.

1 Best practices contingency fee.

Total Construction

Cost

Doral Red Rock (ES) P.E. Room Addition Project Bid Rubric

Participating BiddersContingencyBase Bid Amount

(including allowance)

Attended Pre-bid

Site Walk

Used Prevailing

Wage

Construction License

Other Costs/Fees Total Project

Cost

$49,782 $5,000

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90

91

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Doral Red Rock (ES) P.E. Room Addition Proposal

PROPOSAL: Doral Red Rock ES (DRR-ES) is requesting Board approval from the Doral Academy of Nevada Board of Directors (DANBD) on behalf of:

o Dr. Kimberly Hammond (Doral Red Rock (ES) Principal) o Bridget Phillips (Doral Executive Director) For tenant improvements located at:

o Doral Red Rock (ES) Campus 626 Crossbridge Dr. Las Vegas, Nevada, 89138

REQUESTING APPROVAL FOR:

o P.E. Room Addition – The project will be a new construction one story P.E. room addition (~1,140 sf) that includes one unisex bathroom and one storage closet. The new addition will be constructed and attached to the west side of the building adjacent to the existing music room. The exterior design will match the existing Red Rock (ES) Campus stucco design and colors.

TIMELINE: Proposed start date would be no earlier than May 22, 2020. Proposed completion date would be no later than October 31, 2020. IMPLEMENTATION PLAN: Proposed project would consist of a two-phase approach:

o Phase I (Exterior Shell) – The exterior shell of the building would be completed by August 3, 2020. All construction excavation and heavy equipment use would be completed during this phase. Students and staff potential safety concerns or campus facilities interruptions would be eliminated or decreased prior to student/staff returning for the 2020/2021 school year.

o Phase II (Interior Detail Work) – Interior site work will be completed during this phase. Construction personnel and equipment will be minimized further reducing the likelihood of student/staff safety or facilities interruptions.

VENDOR SOLICITED PROPOSALS: Project construction solicitations we advertised in the Las Vegas Review Journal on April 8 and April 12, 2020 and available online on the Construction Notebook website. All General Contractors (GC) were instructed that this was a Public Works project and Prevailing Wages would be required. All bids were required to be sealed and delivered to the Academica Nevada office located at 6630 Surrey St. no later than May 1, 2020 at 10:00am. A mandatory pre-bid site walk at the Doral Red Rock (ES) campus was held on April 20 at 10 am. GC’s would not be allowed to bid if they did not attend the site walk. Seven GC’s were present at the site-walk. Denali Construction chose not to bid because of the Prevailing Wage requirement. Sealed bids were collected and opened at the May 1, 2020 10:00 am meeting at the Academica offices. Five of the 6 remaining GC’s were present and submitted bids. The results are summarized in the attached Bid Opening sheet. Below is a summarization of the five GC’s that submitted bids.

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• N D L Group Inc. o Business Primary Name – N D L Group Inc o License Number – 56942 o License Monetary Limit – Unlimited o Bond Amount – $50,000 o Disciplinary Action - 0 o Other Academica Work – None

• Nevada General Construction o Business Primary Name – Bormann Development Inc. o License Number – 31854 o License Monetary Limit – Unlimited o Bond Amount – Bond Not Required o Disciplinary Action - 0 o Other Academica Work – Built or did additions to ~20 Academica campuses

• R & O Construction o Business Primary Name – R & O Construction Company o License Number – 34039 o License Monetary Limit – Unlimited o Bond Amount - $50,000.00 o Disciplinary Action - 1 o Other Academica Work – None

• Rafael Construction o Business Primary Name – Rafael Construction Inc. o License Number – 51491 o License Monetary Limit – Unlimited o Bond Amount – Bond Not Required o Disciplinary Action - 0 o Other Academica Work – None

• Roche Construction o Business Primary Name – Roche Constructors Inc. o License Number – 42653 o License Monetary Limit – Unlimited o Bond Amount - $50,000.00 o Disciplinary Action - 0 o Other Academica Work – None

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AIA®

Document A105TM – 2017 Standard Short Form of Agreement Between Owner and Contractor

AIA Document A105™ – 2017. Copyright © 1993, 2007 and 2017 by The American Institute of Architects. All rights reserved. WARNING: This AIA® Document is protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction or distribution of this AIA® Document, or any portion of it, may result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law. This draft was produced by AIA software at 19:21:51 ET on 03/11/2020 under Order No.8431690149 which expires on 11/12/2020, and is not for resale. User Notes: (1113683063)

1

ADDITIONS AND DELETIONS: The author of this document has added information needed for its completion. The author may also have revised the text of the original AIA standard form. An Additions and Deletions Report that notes added information as well as revisions to the standard form text is available from the author and should be reviewed.

This document has important legal consequences. Consultation with an attorney is encouraged with respect to its completion or modification.

ELECTRONIC COPYING of any portion of this AIA® Document to another electronic file is prohibited and constitutes a violation of copyright laws as set forth in the footer of this document.

AGREEMENT made as of the « » day of « » in the year « » (In words, indicate day, month and year.) BETWEEN the Owner: (Name, legal status, address and other information) Doral Academy of Nevada Jerod Allen, Board Chair 6630 Surrey Street Las Vegas, Nevada 89119 and the Contractor: (Name, legal status, address and other information) WILL BE PROVIDED AT CONTRACT AWARD for the following Project: (Name, location and detailed description) Doral Academy Red Rock Campus Elementary School P.E. Classroom Addition 626 Crossbridge Road Las Vegas, Nevada 89138 PROJECT #DARE-2020_01 The Architect: (Name, legal status, address and other information) ethos|three ARCHITECTURE 8985 South Eastern, Suite 220 Las Vegas, Nevada 89123 The Owner and Contractor agree as follows.

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TABLE OF ARTICLES 1 THE CONTRACT DOCUMENTS 2 DATE OF COMMENCEMENT AND SUBSTANTIAL COMPLETION 3 CONTRACT SUM 4 PAYMENTS 5 INSURANCE 6 GENERAL PROVISIONS 7 OWNER 8 CONTRACTOR 9 ARCHITECT 10 CHANGES IN THE WORK 11 TIME 12 PAYMENTS AND COMPLETION 13 PROTECTION OF PERSONS AND PROPERTY 14 CORRECTION OF WORK 15 MISCELLANEOUS PROVISIONS 16 TERMINATION OF THE CONTRACT 17 OTHER TERMS AND CONDITIONS ARTICLE 1 THE CONTRACT DOCUMENTS The Contractor shall complete the Work described in the Contract Documents for the Project. The Contract Documents consist of: DRAFT: THIS INFORMATION WILL BE ADDED AT CONTRACT AWARD

.1 this Agreement signed by the Owner and Contractor;

.2 the drawings and specifications prepared by the Architect, enumerated as follows:

Drawings: Number Title Date

Specifications:

Section Title Pages

.3 addenda prepared by the Architect as follows:

Number Date Pages

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.4 written orders for changes in the Work, pursuant to Article 10, issued after execution of this

Agreement; and

.5 other documents, if any, identified as follows:

« » ARTICLE 2 DATE OF COMMENCEMENT AND SUBSTANTIAL COMPLETION § 2.1 The Contract Time is the number of calendar days available to the Contractor to substantially complete the Work. § 2.2 Date of Commencement: Unless otherwise set forth below, the date of commencement shall be the date of this Agreement. (Insert the date of commencement if other than the date of this Agreement.) « » § 2.3 Substantial Completion: Subject to adjustments of the Contract Time as provided in the Contract Documents, the Contractor shall achieve Substantial Completion, as defined in Section 12.5, of the entire Work:

[ «X » ] Phase 1-Building Shell & Site Work: August 3, 2020

[ «X » ] Phase 2 - Interior Construction: October 22, 2020

[ «X » ] Phase 3 – Punchlist and Certificate of Occupancy: November 19, 2020

ARTICLE 3 CONTRACT SUM § 3.1 The Contract Sum shall include all items and services necessary for the proper execution and completion of the Work. Subject to additions and deductions in accordance with Article 10, the Contract Sum is: ($ DRAFT: THIS INFORMATION WILL BE ADDED AT CONTRACT AWARD) § 3.2 For purposes of payment, the Contract Sum includes the following values related to portions of the Work:

Portion of the Work Value Demolition Grading Concrete Metal Fabrications Rough Carpentry Wood Trusses Insulation Roofing Doors, Frames and Hardware Glass & Glazing Window Film Framing Drywall and Painting Flooring Acoustical Tile Ceiling Interior Paint Stucco Exterior Paint Specialties

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

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Bath Accessories Fire Sprinklers Plumbing Mechanical

$ $ $ $

Electrical Paving

$ $

(Identify the accepted alternates. If the bidding or proposal documents permit the Owner to accept other alternates subsequent to the execution of this Agreement, attach a schedule of such other alternates showing the amount for each and the date when that amount expires.) « » ARTICLE 4 PAYMENTS § 4.1 Based on Contractor’s Applications for Payment certified by the Architect, the Owner shall pay the Contractor, in accordance with Article 12, as follows: Within 45 days after receipt of certified Application for Payment. Retainage shall be at the legal rate prevailing at the place of the project. § 4.2 Payments due and unpaid under the Contract Documents shall bear interest from the date payment is due at the at the legal rate prevailing at the place of the Project. ARTICLE 5 INSURANCE § 5.1 The Contractor shall maintain the following types and limits of insurance until the expiration of the period for correction of Work as set forth in Section 14.2, subject to the terms and conditions set forth in this Section 5.1: § 5.1.1 Commercial General Liability insurance for the Project, written on an occurrence form, with policy limits of not less than One Million 1,000,000. ) each occurrence, Two Million ($2,000,000. ) general aggregate, and Two Million ($2,000,000. ) aggregate for products-completed operations hazard. § 5.1.2 Automobile Liability covering vehicles owned, and non-owned vehicles used, by the Contractor, with policy limits of not less thanOne Million ($1,000,000.) per accident, for bodily injury, death of any person, and property damage arising out of the ownership, maintenance, and use of those motor vehicles along with any other statutorily required automobile coverage. § 5.1.3 The Contractor will also have an excess or umbrella liability insurance in the amount of One Million ($1,000,000), in addition to the policies required under Section 5.1.1 and 5.1.2. In no event shall any excess or umbrella liability insurance provide narrower coverage than the primary commercial general liability, automobile liability and employers liability policy. The excess policy shall not require exhaustion of the underlying limits only through the actual payment by the underlying insurers. § 5.1.4 Workers’ Compensation at statutory limits. § 5.1.5 Employers’ Liability with policy limits not less than One Million ($1,000,000.) each accident, One Million ($1,000,000. ) each employee, and One Million ($ 1,000,000. ) policy limit. § 5.1.6 § 5.2 The Owner shall be responsible for purchasing and maintaining the Owner’s usual liability insurance and shall provide property insurance to cover the value of the Owner’s property. The Contractor is entitled to receive an increase in the Contract Sum equal to the insurance proceeds related to a loss for damage to the Work covered by the Owner’s property insurance. § 5.3 The Contractor shall obtain an endorsement to its Commercial General Liability insurance policy to provide coverage for the Contractor’s obligations under Section 8.12.

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§ 5.4 Prior to commencement of the Work, each party shall provide certificates of insurance showing their respective coverages. § 5.5 Unless specifically precluded by the Owner’s property insurance policy, the Owner and Contractor waive all rights against (1) each other and any of their subcontractors, suppliers, agents, and employees, each of the other; and (2) the Architect, Architect’s consultants, and any of their agents and employees, for damages caused by fire or other causes of loss to the extent those losses are covered by property insurance or other insurance applicable to the Project, except such rights as they have to the proceeds of such insurance. § 5.6 The Owner shall be listed as an additional insured on the General Liability, Automobile Liability, and excess or umbrella policies. All policies must include waivers of subrogation by the insurers in favor of the Owner. All policies discussed in this section must: 1) provide for a 30 day notice of cancellation; 2) Be a policy from an A.M. Best rated “secured” or better, State admitted insurer; 3) State that the primary coverage shall be for the Owner, its Board, employees, and volunteers; and, 4) State that the policy affirmatively provides coverage for claims of negligent hiring, training and supervision. ARTICLE 6 GENERAL PROVISIONS § 6.1 The Contract The Contract represents the entire and integrated agreement between the parties and supersedes prior negotiations, representations or agreements, either written or oral. The Contract may be amended or modified only by a written modification in accordance with Article 10. § 6.2 The Work The term “Work” means the construction and services required by the Contract Documents, and includes all other labor, materials, equipment, and services provided, or to be provided, by the Contractor to fulfill the Contractor’s obligations. § 6.3 Intent The intent of the Contract Documents is to include all items necessary for the proper execution and completion of the Work by the Contractor. The Contract Documents are complementary, and what is required by one shall be as binding as if required by all. § 6.4 Ownership and Use of Architect’s Drawings, Specifications and Other Documents Documents prepared by the Architect are instruments of the Architect’s service for use solely with respect to this Project. The Architect shall retain all common law, statutory, and other reserved rights, including the copyright. The Contractor, subcontractors, sub-subcontractors, and suppliers are authorized to use and reproduce the instruments of service solely and exclusively for execution of the Work. The instruments of service may not be used for other Projects or for additions to this Project outside the scope of the Work without the specific written consent of the Architect. § 6.5 Electronic Notice Written notice under this Agreement may be given by one party to the other by email as set forth below. OWNER: email all notices to: Butch Tomasetti @ [email protected] with a read receipt. CONTRACTOR: email all notices to Contractor, with read receipt, (Contractor info. will be added when determined. ARTICLE 7 OWNER § 7.1 Information and Services Required of the Owner § 7.1.1 If requested by the Contractor, the Owner shall furnish all necessary due diligence surveys and a legal description of the site. All surveys required for construction of the work shall be by Contractor. § 7.1.2 Except for permits and fees under Section 8.7.1 that are the responsibility of the Contractor, the Owner shall obtain and pay for other necessary approvals, easements, assessments, and charges. § 7.1.3 Prior to commencement of the Work, at the written request of the Contractor, the Owner shall furnish to the Contractor reasonable evidence that the Owner has made financial arrangements to fulfill the Owner’s obligations

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under the Contract. The Contractor shall have no obligation to commence the Work until the Owner provides such evidence. § 7.2 Owner’s Right to Stop the Work If the Contractor fails to correct Work which is not in accordance with the Contract Documents, the Owner may direct the Contractor in writing to stop the Work until the correction is made. § 7.3 Owner’s Right to Carry Out the Work If the Contractor defaults or neglects to carry out the Work in accordance with the Contract Documents and fails within a seven day period after receipt of written notice from the Owner to commence and continue correction of such default or neglect with diligence and promptness, the Owner may, without prejudice to other remedies, correct such deficiencies. In such case, the Architect may withhold or nullify a Certificate for Payment in whole or in part, to the extent reasonably necessary to reimburse the Owner for the cost of correction, provided the actions of the Owner and amounts charged to the Contractor were approved by the Architect. § 7.4 Owner’s Right to Perform Construction and to Award Separate Contracts § 7.4.1 The Owner reserves the right to perform construction or operations related to the Project with the Owner’s own forces, and to award separate contracts in connection with other portions of the Project. § 7.4.2 The Contractor shall coordinate and cooperate with the Owner’s own forces and separate contractors employed by the Owner. ARTICLE 8 CONTRACTOR § 8.1 Review of Contract Documents and Field Conditions by Contractor § 8.1.1 Execution of the Contract by the Contractor is a representation that the Contractor has visited the site, become familiar with local conditions under which the Work is to be performed, and correlated personal observations with requirements of the Contract Documents. § 8.1.2 The Contractor shall carefully study and compare the Contract Documents with each other and with information furnished by the Owner. Before commencing activities, the Contractor shall (1) take field measurements and verify field conditions; (2) carefully compare this and other information known to the Contractor with the Contract Documents; and (3) promptly report errors, inconsistencies, or omissions discovered to the Architect. § 8.2 Contractor’s Construction Schedule The Contractor, promptly after being awarded the Contract, shall prepare and submit for the Owner’s and Architect’s information a Contractor’s construction schedule for the Work. § 8.3 Supervision and Construction Procedures § 8.3.1 The Contractor shall supervise and direct the Work using the Contractor’s best skill and attention. The Contractor shall be solely responsible for and have control over construction means, methods, techniques, sequences, and procedures, and for coordinating all portions of the Work. § 8.3.2 The Contractor, as soon as practicable after award of the Contract, shall furnish in writing to the Owner, through the Architect, the names of subcontractors or suppliers for each portion of the Work. The Contractor shall not contract with any subcontractor or supplier to whom the Owner or Architect have made a timely and reasonable objection. § 8.4 Labor and Materials § 8.4.1 Unless otherwise provided in the Contract Documents, the Contractor shall provide and pay for labor, materials, equipment, tools, utilities, transportation, and other facilities and services necessary for proper execution and completion of the Work. § 8.4.2 The Contractor shall enforce strict discipline and good order among the Contractor’s employees and other persons carrying out the Contract Work. The Contractor shall not permit employment of unfit persons or persons not skilled in tasks assigned to them.

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§ 8.5 Warranty The Contractor warrants to the Owner and Architect that: (1) materials and equipment furnished under the Contract will be new and of good quality unless otherwise required or permitted by the Contract Documents; (2) the Work will be free from defects not inherent in the quality required or permitted; and (3) the Work will conform to the requirements of the Contract Documents. Any material or equipment warranties required by the Contract Documents shall be issued in the name of the Owner, or shall be transferable to the Owner, and shall commence in accordance with Section 12.5. § 8.6 Taxes The Contractor shall pay sales, consumer, use, and similar taxes that are legally required when the Contract is executed. § 8.7 Permits, Fees and Notices § 8.7.1 The Contractor shall obtain and pay for the building permit and other permits and governmental fees, licenses, and inspections necessary for proper execution and completion of the Work. § 8.7.2 The Contractor shall comply with and give notices required by agencies having jurisdiction over the Work. If the Contractor performs Work knowing it to be contrary to applicable laws, statutes, ordinances, codes, rules and regulations, or lawful orders of public authorities, the Contractor shall assume full responsibility for such Work and shall bear the attributable costs. The Contractor shall promptly notify the Architect in writing of any known inconsistencies in the Contract Documents with such governmental laws, rules, and regulations. § 8.8 Submittals The Contractor shall promptly review, approve in writing, and submit to the Architect shop drawings, product data, samples, and similar submittals required by the Contract Documents. Shop drawings, product data, samples, and similar submittals are not Contract Documents. § 8.9 Use of Site The Contractor shall confine operations at the site to areas permitted by law, ordinances, permits, the Contract Documents, and the Owner. § 8.10 Cutting and Patching The Contractor shall be responsible for cutting, fitting, or patching required to complete the Work or to make its parts fit together properly. § 8.11 Cleaning Up The Contractor shall keep the premises and surrounding area free from accumulation of debris and trash related to the Work. At the completion of the Work, the Contractor shall remove its tools, construction equipment, machinery, and surplus material; and shall properly dispose of waste materials. § 8.12 Indemnification To the fullest extent permitted by law, the Contractor shall indemnify and hold harmless the Owner, Architect, Architect’s consultants, and agents and employees of any of them, from and against claims, damages, losses and expenses, including but not limited to attorneys’ fees, arising out of or resulting from performance of the Work, provided that such claim, damage, loss, or expense is attributable to bodily injury, sickness, disease or death, or to injury to or destruction of tangible property (other than the Work itself), but only to the extent caused by the negligent acts or omissions of the Contractor, a subcontractor, anyone directly or indirectly employed by them or anyone for whose acts they may be liable, regardless of whether or not such claim, damage, loss or expense is caused in part by a party indemnified hereunder. ARTICLE 9 ARCHITECT § 9.1 The Architect will provide administration of the Contract as described in the Contract Documents. The Architect will have authority to act on behalf of the Owner only to the extent provided in the Contract Documents. § 9.2 The Architect will visit the site at intervals appropriate to the stage of construction to become generally familiar with the progress and quality of the Work.

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§ 9.3 The Architect will not have control over or charge of, and will not be responsible for, construction means, methods, techniques, sequences, or procedures, or for safety precautions and programs in connection with the Work, since these are solely the Contractor’s responsibility. The Architect will not be responsible for the Contractor’s failure to carry out the Work in accordance with the Contract Documents. § 9.4 Based on the Architect’s observations and evaluations of the Contractor’s Applications for Payment, the Architect will review and certify the amounts due the Contractor. § 9.5 The Architect has authority to reject Work that does not conform to the Contract Documents. § 9.6 The Architect will promptly review and approve or take appropriate action upon Contractor’s submittals, but only for the limited purpose of checking for conformance with information given and the design concept expressed in the Contract Documents. § 9.7 On written request from either the Owner or Contractor, the Architect will promptly interpret and decide matters concerning performance under, and requirements of, the Contract Documents. § 9.8 Interpretations and decisions of the Architect will be consistent with the intent of, and reasonably inferable from the Contract Documents, and will be in writing or in the form of drawings. When making such interpretations and decisions, the Architect will endeavor to secure faithful performance by both Owner and Contractor, will not show partiality to either and will not be liable for results of interpretations or decisions rendered in good faith. § 9.9 The Architect’s duties, responsibilities, and limits of authority as described in the Contract Documents shall not be changed without written consent of the Owner, Contractor, and Architect. Consent shall not be unreasonably withheld. ARTICLE 10 CHANGES IN THE WORK § 10.1 The Owner, without invalidating the Contract, may order changes in the Work within the general scope of the Contract, consisting of additions, deletions or other revisions, and the Contract Sum and Contract Time shall be adjusted accordingly, in writing. If the Owner and Contractor cannot agree to a change in the Contract Sum, the Owner shall pay the Contractor its actual cost plus reasonable overhead and profit. § 10.2 The Architect may authorize or order minor changes in the Work that are consistent with the intent of the Contract Documents and do not involve an adjustment in the Contract Sum or an extension of the Contract Time. Such authorization or order shall be in writing and shall be binding on the Owner and Contractor. The Contractor shall proceed with such minor changes promptly. § 10.3 If concealed or unknown physical conditions are encountered at the site that differ materially from those indicated in the Contract Documents or from those conditions ordinarily found to exist, the Contract Sum and Contract Time shall be subject to equitable adjustment. ARTICLE 11 TIME § 11.1 Time limits stated in the Contract Documents are of the essence of the Contract. § 11.2 If the Contractor is delayed at any time in progress of the Work by changes ordered in the Work, or by labor disputes, fire, unusual delay in deliveries, unavoidable casualties, any epidemic, pandemic, quarantine restriction, or other public health restriction or advisory, including, without limitation, in any way relating to the Clovid-19 virus, commonly known as coronavirus, or any other event similar to those enumerated above. or other causes beyond the Contractor’s control, the Contract Time shall be subject to equitable adjustment. § 11.3 Costs caused by delays or by improperly timed activities or defective construction shall be borne by the responsible party. ARTICLE 12 PAYMENTS AND COMPLETION § 12.1 Contract Sum The Contract Sum stated in this Agreement, including authorized adjustments, is the total amount payable by the Owner to the Contractor for performance of the Work under the Contract Documents.

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§ 12.2 Applications for Payment § 12.2.1 At least ten days before the date established for each progress payment, the Contractor shall submit to the Architect an itemized Application for Payment for Work completed in accordance with the values stated in this Agreement. The Application shall be supported by data substantiating the Contractor’s right to payment as the Owner or Architect may reasonably require, such as evidence of payments made to, and waivers of liens from, subcontractors and suppliers. Payments shall be made on account of materials and equipment delivered and suitably stored at the site for subsequent incorporation in the Work. If approved in advance by the Owner, payment may similarly be made for materials and equipment stored, and protected from damage, off the site at a location agreed upon in writing. § 12.2.2 The Contractor warrants that title to all Work covered by an Application for Payment will pass to the Owner no later than the time of payment. The Contractor further warrants that upon submittal of an Application for Payment, all Work for which Certificates for Payment have been previously issued and payments received from the Owner shall, to the best of the Contractor’s knowledge, information, and belief, be free and clear of liens, claims, security interests, or other encumbrances adverse to the Owner’s interests. § 12.3 Certificates for Payment The Architect will, within seven days after receipt of the Contractor’s Application for Payment, either (1) issue to the Owner a Certificate for Payment in the full amount of the Application for Payment, with a copy to the Contractor; (2) issue to the Owner a Certificate for Payment for such amount as the Architect determines is properly due, and notify the Contractor and Owner in writing of the Architect’s reasons for withholding certification in part; or (3) withhold certification of the entire Application for Payment, and notify the Contractor and Owner of the Architect’s reason for withholding certification in whole. If certification or notification is not made within such seven day period, the Contractor may, upon seven additional days’ written notice to the Owner and Architect, stop the Work until payment of the amount owing has been received. The Contract Time and the Contract Sum shall be equitably adjusted due to the delay. § 12.4 Progress Payments § 12.4.1 After the Architect has issued a Certificate for Payment, the Owner shall make payment in the manner provided in the Contract Documents. § 12.4.2 The Contractor shall promptly pay each subcontractor and supplier, upon receipt of payment from the Owner, an amount determined in accordance with the terms of the applicable subcontracts and purchase orders. § 12.4.3 Neither the Owner nor the Architect shall have responsibility for payments to a subcontractor or supplier. § 12.4.4 A Certificate for Payment, a progress payment, or partial or entire use or occupancy of the Project by the Owner shall not constitute acceptance of Work not in accordance with the requirements of the Contract Documents. § 12.5 Substantial Completion § 12.5.1 Substantial Completion is the stage in the progress of the Work when the Work or designated portion thereof is sufficiently complete in accordance with the Contract Documents so the Owner can occupy or utilize the Work for its intended use. Each party shall be excused from liability for the failure or delay in performance of any obligation under this Agreement by reason of any event beyond such party’s reasonable control, including, but not limited to, acts of God, fire, flood, explosion, earthquake, or other natural forces, war, civil unrest, accident, any strike or labor disturbance, any epidemic, pandemic, quarantine restriction, or other public health restriction or advisory, including, without limitation, in any way relating to the Clovid-19 virus, commonly known as coronavirus, or any other event similar to those enumerated above. Such excuse from liability shall be effective only to the extent and duration of the event(s) causing the failure or delay in performance and provided that the party has not caused such event(s) to occur and continues to use diligent, good faith efforts to avoid the effects of such event and to perform the obligation. Notice of a Party’s failure or delay in performance due to force majeure must be given to the unaffected Party promptly thereafter but no later than five (5) days after its occurrence which notice shall describe the force majeure event and the actions taken to minimize the impact thereof; provided, however, that notice is not required to the extent such event is publicly known by the parties. All delivery dates under this Agreement that have been affected by force majeure shall be tolled for the duration of such force majeure.

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§ 12.5.2 When the Contractor believes that the Work or designated portion thereof is substantially complete, it will notify the Architect and the Architect will make an inspection to determine whether the Work is substantially complete. When the Architect determines that the Work is substantially complete, the Architect shall prepare a Certificate of Substantial Completion that shall establish the date of Substantial Completion, establish the responsibilities of the Owner and Contractor, and fix the time within which the Contractor shall finish all items on the list accompanying the Certificate. Warranties required by the Contract Documents shall commence on the date of Substantial Completion of the Work or designated portion thereof unless otherwise provided in the Certificate of Substantial Completion. § 12.6 Final Completion and Final Payment § 12.6.1 Upon receipt of a final Application for Payment, the Architect will inspect the Work. When the Architect finds the Work acceptable and the Contract fully performed, the Architect will promptly issue a final Certificate for Payment. § 12.6.2 Final payment shall not become due until the Contractor submits to the Architect releases and waivers of liens, and data establishing payment or satisfaction of obligations, such as receipts, claims, security interests, or encumbrances arising out of the Contract. § 12.6.3 Acceptance of final payment by the Contractor, a subcontractor or supplier shall constitute a waiver of claims by that payee except those previously made in writing and identified by that payee as unsettled at the time of final Application for Payment. ARTICLE 13 PROTECTION OF PERSONS AND PROPERTY The Contractor shall be responsible for initiating, maintaining and supervising all safety precautions and programs, including all those required by law in connection with performance of the Contract. The Contractor shall take reasonable precautions to prevent damage, injury, or loss to employees on the Work and other persons who may be affected thereby, the Work and materials and equipment to be incorporated therein, and other property at the site or adjacent thereto. The Contractor shall promptly remedy damage and loss to property caused in whole or in part by the Contractor, or by anyone for whose acts the Contractor may be liable. ARTICLE 14 CORRECTION OF WORK § 14.1 The Contractor shall promptly correct Work rejected by the Architect as failing to conform to the requirements of the Contract Documents. The Contractor shall bear the cost of correcting such rejected Work, including the costs of uncovering, replacement, and additional testing. § 14.2 In addition to the Contractor’s other obligations including warranties under the Contract, the Contractor shall, for a period of one year after Substantial Completion, correct work not conforming to the requirements of the Contract Documents. § 14.3 If the Contractor fails to correct nonconforming Work within a reasonable time, the Owner may correct it in accordance with Section 7.3. ARTICLE 15 MISCELLANEOUS PROVISIONS § 15.1 Assignment of Contract Neither party to the Contract shall assign the Contract as a whole without written consent of the other. § 15.2 Tests and Inspections § 15.2.1 At the appropriate times, the Contractor shall arrange and bear cost of tests, inspections, and approvals of portions of the Work required by the Contract Documents or by laws, statutes, ordinances, codes, rules and regulations, or lawful orders of public authorities. § 15.2.2 If the Architect requires additional testing, the Contractor shall perform those tests. § 15.2.3 The Owner shall bear cost of tests, inspections, or approvals that do not become requirements until after the Contract is executed. The Owner shall directly arrange and pay for tests, inspections, or approvals where building codes or applicable laws or regulations so require.

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§ 15.3 Governing Law The Contract shall be governed by the law of the place where the Project is located, excluding that jurisdiction’s choice of law rules. ARTICLE 16 TERMINATION OF THE CONTRACT § 16.1 Termination by the Contractor If the Work is stopped under Section 12.3 for a period of 14 days through no fault of the Contractor, the Contractor may, upon seven additional days’ written notice to the Owner and Architect, terminate the Contract and recover from the Owner payment for Work executed including reasonable overhead and profit, and costs incurred by reason of such termination. § 16.2 Termination by the Owner for Cause § 16.2.1 The Owner may terminate the Contract if the Contractor

.1 repeatedly refuses or fails to supply enough properly skilled workers or proper materials;

.2 fails to make payment to subcontractors for materials or labor in accordance with the respective agreements between the Contractor and the subcontractors;

.3 repeatedly disregards applicable laws, statutes, ordinances, codes, rules and regulations, or lawful orders of a public authority; or

.4 is otherwise guilty of substantial breach of a provision of the Contract Documents. § 16.2.2 When any of the above reasons exist, the Owner, after consultation with the Architect, may without prejudice to any other rights or remedies of the Owner and after giving the Contractor and the Contractor’s surety, if any, seven days’ written notice, terminate employment of the Contractor and may

.1 take possession of the site and of all materials thereon owned by the Contractor, and

.2 finish the Work by whatever reasonable method the Owner may deem expedient. § 16.2.3 When the Owner terminates the Contract for one of the reasons stated in Section 16.2.1, the Contractor shall not be entitled to receive further payment until the Work is finished. § 16.2.4 If the unpaid balance of the Contract Sum exceeds costs of finishing the Work, such excess shall be paid to the Contractor. If such costs exceed the unpaid balance, the Contractor shall pay the difference to the Owner. This obligation for payment shall survive termination of the Contract. § 16.3 Termination by the Owner for Convenience The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause. The Contractor shall be entitled to receive payment for Work executed, and costs incurred by reason of such termination, along with reasonable overhead and profit on the Work not executed. ARTICLE 17 OTHER TERMS AND CONDITIONS Will be supplied in final contract if any. This Agreement entered into as of the day and year first written above.

OWNER (Signature) CONTRACTOR (Signature) « »« » « »« » (Printed name and title ) (Printed name and title ) LICENSE NO.: JURISDICTION:

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Support Summary

Meeting Date: May 6, 2020 Agenda Item: 9 – Discussion of the P.E. Addition Project for the Red Rock Elementary Campus Number of Enclosures: 0

SUBJECT: P.E. Addition Project for the Red Rock Elementary Campus Action Appointments Approval Consent Agenda X Information Public Hearing Regular Adoption

Presenter (s): Michael Muehle/Butch Tomasetti/Principal Kim Hammond Recommendation: Proposed wording for motion/action: Fiscal Impact: N/A Estimated Length of time for consideration (in minutes): 5-7 Minutes Background: A discussion regarding the P.E. addition project for the Red Rock Elementary campus. Submitted By: Staff

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Support Summary

Meeting Date: May 6, 2020 Agenda Item: 10 – Review and Approval of Vendor for Shade Structure for the Cactus Campus Number of Enclosures: 0

SUBJECT: Approval of Vendor for Shade Structure Cactus Campus X Action Appointments Approval Consent Agenda Information Public Hearing Regular Adoption

Presenter (s): Butch Tomasetti/Michael Muehle Recommendation: Proposed wording for motion/action: Fiscal Impact: N/A Estimated Length of time for consideration (in minutes): 5-7 Minutes Background: The bid for the shade structure was below the threshold. This item will be tabled. Submitted By: Staff

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Support Summary

Meeting Date: May 6, 2020 Agenda Item: 11 – Discussion and Approval of the District Membership Agreement with Doral, Inc. Number of Enclosures: 0

SUBJECT: Approval of District Membership Agreement X Action Appointments Approval Consent Agenda Information Public Hearing Regular Adoption

Presenter (s): Michael Muehle/Ryan Reeves Recommendation: Proposed wording for motion/action: Move to approve the district membership agreement, as presented. Fiscal Impact: N/A Estimated Length of time for consideration (in minutes): 5-7 Minutes Background: The Board is being asked to approve the district membership agreement with Doral, Inc. Submitted By: Staff

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Support Summary

Meeting Date: May 6, 2020 Agenda Item: 12 – Discussion and Approval of Outside Legal Counsel from the Following: 1) Wiley Petersen – Jon Blum; 2) Howard and Howard – Mark Gardberg Number of Enclosures: 2

SUBJECT: Approval of Outside Legal Counsel X Action Appointments Approval Consent Agenda Information Public Hearing Regular Adoption

Presenter (s): Michael Muehle/Colin Bringhurst Recommendation: Proposed wording for motion/action: Move to approve __________ as outside legal counsel for Doral Academy of Nevada. Fiscal Impact: N/A Estimated Length of time for consideration (in minutes): 5-7 Minutes Background: The Board needs to select new outside legal counsel. Submitted By: Staff

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115 WEST HURON STREET SUITE 700 ANN ARBOR, MI 48104 734.222.1483

200 SOUTH MICHIGAN AVENUE SUITE 1100 CHICAGO, IL 60604 312.372.4000

ONE TECHNOLOGY PLAZA FULTON STREET 211

SUITE 600 PEORIA, IL 61602 309.672.1483

CENTURY PLAZA TOWERS 2049 CENTURY PARK EAST SUITE 330 LOS ANGELES, CA 90067 424.303.7700

WELLS FARGO TOWER HOWARD HUGHES PKWY. 3800

SUITE 1000 LAS VEGAS, NV 89169 702.257.1483

450 WEST FOURTH STREET ROYAL OAK, MI 48067 248.645.1483

HOWARD & HOWARD‘S OFFICE LOCATIONS

®

Doral Academy

of Nevada

Presented By:

Howard & Howard Attorneys PLLC

April 21, 2020

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TABLE OF CONTENTS

I. Introduction ........................................................................ 01

II. Services ............................................................................... 02

III. Experience ........................................................................... 09

IV. Your Team ........................................................................... 12

V. Why Howard & Howard is the Right Choice ......................... 17

VI. Conclusion ........................................................................... 19

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HOWARD & HOWARD’S PROPOSAL FOR LEGAL SERVICES

I. INTRODUCTION

We appreciate the opportunity to provide information regarding the legal services that Howard & Howard Attorneys PLLC (“Howard & Howard”) can offer to Doral Academy of Nevada (“Doral Academy). We are optimistic that our firm’s experience, responsiveness, fee structure, and commitment to our clients will demonstrate the quality and cost-effectiveness of our representation.

a. BACKGROUND OF FIRM

Founded in 1869, Howard & Howard is a full-service law firm with a national and international practice that provides legal services to businesses and business owners. The firm has over 160 attorneys serving clients from offices in Nevada (Las Vegas); California (Los Angeles); Michigan (Ann Arbor and Royal Oak); and Illinois (Chicago and Peoria). The firm provides sophisticated legal services for an array of clients including Fortune 500 companies, privately held and publicly traded corporations, public sector clients, non-for-profit organizations, charter schools, private schools, colleges and universities, and related entities. Our attorneys cover virtually every major area of practice including business and corporate law, mergers and acquisitions, corporate governance, education law, municipal law, bankruptcy and creditors’ rights, data privacy and cybersecurity, employee benefits, environmental, financial services, franchising, healthcare, hospitality, insurance coverage, intellectual property, labor and employment, ERISA, business litigation, products liability, real estate, securities, and tax. More than one third of our lawyers had business careers before choosing to become lawyers, which means we have more lawyers with first-hand business experience than other firms our size. In fact, we operate our firm as a business. That perspective is valuable to our clients—coming from business makes working for business second nature to us. Although the firm has been in existence for more than 150 years, we do not take a traditional approach to the delivery of legal services. Instead, we measure our success by our ability to deliver value to our clients. We set high standards, fight hard for our clients, and measure our success by your success. We care more about solving your problems than anything else. Our growth has resulted from our philosophy of providing quality legal services on a timely basis and at a reasonable price. Howard & Howard is proud to maintain the highest quality rating awarded by Martindale-Hubbell, a corporate guide to quality law firms. The firm enjoys a rating of “A” (very high in legal ability) and the general recommendation rating of “V” (very high). We also have numerous attorneys, across all offices, who have achieved designations as “Super Lawyers,” “Best Lawyers,” “Legal Eagles,” “Rising Stars,” and more.

b. WE ARE CENTRALLY ORGANIZED, EFFICIENT, AND COST-CONSCIOUS Howard & Howard delivers a higher quality, timelier, and more efficient work product at a lower price than most other large, full-service law firms and many boutique firms. See Thomson Reuters’ Peer Monitor Analysis from December 2019, which illustrates Howard & Howard’s value versus other midsize and AmLaw 200 firms:

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We are happy to offer Doral Academy significant discounts to our standard hourly rates as set forth in Section V(f), below. Our philosophy—to provide high quality, timely legal services at a reasonable price—is the reality of the way in which we practice law and advise our clients. This philosophy is what distinguishes us from our competitors.

II. SERVICES

a. SCOPE OF SERVICES Howard & Howard proposes to provide legal services to Doral Academy regarding any and all legal matters the school may need. The firm is large enough to provide appropriate depth in virtually all charter school practice areas, no matter what issues may arise. For all service areas and in-depth descriptions, please visit our website at www.howardandhoward.com. Our firm’s legal experience in charter school-specific matters (e.g., board governance) is described in Section III below. Given the complexities of running a school with thousands of students and hundreds of teachers and staff, Doral Academy presumably also has significant needs in “core” legal areas like labor & employment law, business/contract law, litigation, intellectual property, and real estate. Thus, Sections II(b) – (e) describe our firm’s experience in those core areas.

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b. LABOR, EMPLOYMENT & IMMIGRATION OVERVIEW No matter your industry or business model, navigating the myriad of employment and labor laws is crucial to your success. Our attorneys understand that minimizing risks and maximizing opportunities within a business are critical to the client’s bottom line. We strive to act as a driving force in workplace law, helping clients achieve their business goals. The attorneys in Howard & Howard’s labor, employment, and immigration practice draw from their experience as in-house counsel, human resources/labor relations representatives, and business leaders to guide clients through the employer-employee relationship. Our team provides counsel on a range of topics including:

• Hiring, interviewing, employment applications, and offer letters • FCRA compliance, credit and criminal background checks, and pre-hire investigations • Employment contracts and arbitration provisions • Non-competition, non-solicitation, and trade secret protections • Employment handbooks, policies, and protocols • FMLA and ADA leave and reasonable accommodations • Compensation and FLSA compliance including employee classification • Employee benefits including PPACA, COBRA, ERISA, and HIPAA requirements • Retirement incentive programs • Performance improvement plans, disciplinary actions, termination letters, and severance

agreements • Plant closings, layoffs, and reductions in force • Affirmative action and EEOC compliance • Design and implementation of risk management programs • Independent investigations • HR training and workshops for supervisors and managers

When employee disagreements turn into formal disputes, we empower our clients to negotiate from a position of strength. If dialogue and negotiation do not resolve the dispute, we aggressively defend, try, and arbitrate cases across the country. Howard & Howard attorneys also provide strategic and effective representation before the U.S. Equal Employment Opportunity Commission, National Labor Relations Board, and state civil rights and employment relations agencies. We pursue and defend our clients’ interests in actions involving:

• Sexual harassment and hostile work environment claims • Discrimination based on race, gender, sexual orientation, disability, age, religion, national origin,

or any other protected status • Violations of the FMLA, Equal Pay Act, ADA, OSHA, and other federal and state statutes • Workforce reductions, layoffs, and related WARN Act obligations • Wage and hour violations including FLSA and state overtime laws • Breach of employment contracts including non-compete and non-solicit agreements • Wrongful discharge • Whistleblower retaliation • Employee class actions

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Traditional labor law is an area unto itself; a distinct niche within employment law. Our attorneys represent both public sector and private sector employers on labor relations matters, such as:

• Collective bargaining agreements • Grievances and employment arbitrations • Union avoidance • Union elections • Unfair labor practice charges • Work stoppages • Unit clarification petitions

Like labor law, immigration is a discrete area of employment law in which Howard & Howard boasts substantial skill and experience. Identifying and onboarding foreign workers are critical for many companies. Our immigration law attorneys assist employers with:

• Complying with I-9 obligations and federal and state E-Verify requirements • Obtaining permanent residency for foreign personnel to work in the U.S. • Obtaining nonimmigrant visas including United States-Mexico-Canada Agreement visas, L-1

nonimmigrant visas for intracompany transferees, E visas for treaty traders and investors, and H-1B temporary skilled worker visas

• Obtaining naturalization to U.S. citizenship • Obtaining visas for employees’ dependents

We understand that unpredictable and urgent questions arise; we also understand that you rely on dependable and timely strategic solutions. To achieve your goals, we actively partner with your human resources and legal teams to learn your business, your practices, and your priorities, and to provide cost-effective solutions on your timeline.

c. BUSINESS & CORPORATE OVERVIEW At Howard & Howard, our business is business—your business—with experience across virtually all product and service industries in both the old and new economies. Our clients include freelancers and small family-owned businesses as well as publicly traded corporations and international conglomerates, and they rely on our team of corporate lawyers to protect their interests and get deals done. We advise organizations throughout their life cycles, starting with the choice of a proper entity:

• Sole proprietorship • Limited liability company (LLC) • C corporation • S corporation • General and limited partnership • Limited liability partnership (LLP) • B corporation • Low-profit limited liability company (L3C) • Non-profit corporations and 501(c)(3) charities

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As the enterprise and its operations grow, so do the scope of services we provide and the close ties we form with our clients. More than just outside general counsel, we strive to be an outside business partner, working side by side with owners, officers, directors, managers, and employees to address:

• Corporate governance • Shareholder relations • Ownership and succession planning • Employer-employee relationships • Employee benefits and executive compensation • Mergers, acquisitions, and joint ventures • Financing and creditor relations • Federal, state, and local taxation • Divestitures, dispositions, and dissolution • Creditors’ rights including workouts and bankruptcy • Antitrust challenges • Regulatory, privacy, and insurance matters

Nearly half of Howard & Howard’s business attorneys focus on commercial and corporate transactions, while others concentrate in related disciplines. From our offices across the United States, we draft, negotiate, and enforce:

• Labor and employment contracts • Asset sales, purchases, and leases • Manufacturing, distribution, and supplier transactions • Marketing and advertising agreements • Consulting contracts • Information technology contracts • Intellectual property licenses • Financing arrangements including loan facilities and equity securities offerings • Real estate acquisitions, dispositions, and leases • Land use, zoning, and environmental protections

When agreements turn into disagreements and disputes, our corporate litigators vigorously pursue solutions that meet each client’s unique business goals and objectives. Thinking about your business isn’t an afterthought—it is ingrained in our culture. Our commitment to unparalleled client service, competitive rate structures, and strategic staffing on client projects has made us a law firm of choice for organizations of all sizes.

d. LITIGATION OVERVIEW

From routine business disputes to bet-the-company battles, Howard & Howard’s team of more than 50 trial lawyers is passionate about your case and your success. We try cases in state and federal courts, administrative tribunals, agencies, and arbitrations around the country. We have the experience and skill required to win and further your business objectives. A business litigation success does not simply fall into place. It starts with listening to you. We develop a thoughtful and comprehensive strategy that aligns total costs with your business objectives. We

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immediately determine what’s important versus what is not and then implement a strategy that works for you. Clients trust in our commitment to apply a creative and fresh perspective, while efficiently and economically working to secure a favorable outcome. Our clients come from various industries and sectors, and include Fortune 500 corporations, family owned and closely held companies, and nonprofits. We have extensive experience in virtually every type of business dispute, including:

• Antitrust • Bankruptcy and debtor-creditor rights actions • Business torts • Class actions • Construction • Contracts • Corporate and shareholder disputes • Dealer, distributor, franchise, supply chain, and products liability claims • Employment and workplace disputes • Energy and utilities • False Claims Act and qui tam • Financial and securities disputes • Gaming industry disputes • Healthcare industry-related issues • Insurance coverage • Intellectual property infringement

o Patent, trademark, and copyright • Internal and government investigations • Real property • Tax litigation and appeals • Temporary restraining orders (TROs) and injunctions • Toxic tort claims • Trade secrets and unfair competition • UCC claims • White-collar criminal defense

We listen, we plan, we zealously advocate, and we advise. Whether you need a go-getter or a steady hand to guide you through litigation, Howard & Howard’s first-rate business litigation legal team will fight to achieve your desired outcome.

e. REAL ESTATE OVERVIEW

Every school needs reasonable space to operate. When you consider all the factors and potential pitfalls inherent to modern commercial, industrial, and residential real estate transactions, you’ll recognize the importance of having Howard & Howard’s real estate attorneys on your side. From single-parcel homeowners to Fortune 500 companies with extensive real estate portfolios, we provide advice on the wide variety of property interests held by our clients acting as:

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• Tax-exempt and religious organizations • Commercial, industrial, and residential buyers and sellers • Landlords and tenants • Homeowner and condominium associations • Builders and developers • Contractors and trades • Lenders and investors • Brokers and agents • Property and portfolio managers • Retailers, wholesalers, and warehousers • Power plant and solar/wind farm developers/operators

Because time is money for most of our clients, we make it our priority to draft, negotiate, and close deals quickly. It’s no exaggeration to say there isn’t a real estate transaction or issue we haven’t handled successfully, including:

• Ownership structure (LLCs, joint ventures, tenants in common, condominiums, etc.) • Acquisitions, dispositions, and 1031 tax-deferred exchanges • Site selection, parcel assembly (including land divisions), and opportunity zones • Zoning and land use planning • Architectural and construction contracts including design-build • Title defects and irregularities • Mortgages, financing, and syndication • Residential and commercial leasing • Permits and licenses including liquor licensing • Development incentives and tax credits • Environmental assessments, brownfield redevelopment, and regulatory compliance • Riparian rights and public access • Easements and use restrictions • Private land use and development arrangements • Mineral rights • Condominium conversion and deconversion • Brokerage and property management • Real and personal property tax assessments • Public-private ventures • Conveyances and transfers associated with estate planning

Disagreements over real estate can often occur, and our real estate litigation attorneys seek to settle differences through negotiation and alternative dispute resolution. When parties cannot find solutions amicably, we advocate for clients in state and federal courts and before local boards and commissions, tax tribunals, and administrative agencies. Our far-reaching real estate litigation experience includes:

• Breach of contract actions • Title challenges • Land use disputes • Design and construction disputes (scope, defects, payment, liens, etc.) • Boundary disputes • Landlord-tenant disputes

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• Forfeitures and evictions • Foreclosures, workouts, and business bankruptcies • Real and personal property tax appeals (including exemptions) • Condemnation and eminent domain proceedings • Environmental actions • Zoning appeals • Real estate agent commission disputes

Howard & Howard’s devotion to real estate law is comprehensive. We constantly monitor real estate issues and trends to anticipate changes and tailor contracts accordingly. We are thought leaders on real property topics, authoring articles and papers and giving presentations to educate the industry. We help to establish and change the law through appellate advocacy and government relations. Ultimately, we do all of this with one goal in mind—to maximize the value of our clients’ real estate holdings, investments, and interests.

f. INTELLECTUAL PROPERTY OVERVIEW Creativity and innovation drive change. Whether your new ideas translate into products, processes, or works of art and authorship, it’s critical to safeguard those assets. That’s where Howard & Howard’s team of intellectual property attorneys step in. We not only help clients determine if and how to protect their innovations, but also devise strategies for monetizing and commercializing their work.

Our experienced engineers-turned-attorneys have backgrounds in mechanical, chemical, electrical, and aerospace engineering, and are admitted to practice before the U.S. Patent and Trademark Office. From the drawing board to the negotiation table to the courtroom, our intellectual property lawyers counsel and provide representation across the following spectrum of domestic and international IP topics:

• Patent prosecution and litigation • Trademark and service mark registration • Copyright protection • Licensing and merchandising agreements • Trade name and corporate name selection • Trade secret, nondisclosure, non-competition, anti-solicitation, and anti-piracy • Technology acquisitions, sales, and transfers • Joint development agreements • Technology audits related to mergers, acquisitions, joint ventures, and dispositions • Truth-in-Advertising, unfair competition, and unfair trade • Privacy and publicity rights • International, regional, and bilateral agreements

The clients we represent are as diverse as our skills and backgrounds. These include:

• Automotive and industrial vehicle suppliers • Medical device manufacturers • Chemical producers • Electronics manufacturers • Industrial equipment manufacturers

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• Gaming operators, manufacturers, and suppliers • Consumer products manufacturers

III. EXPERIENCE REPRESENTING CHARTER SCHOOLS

Mark Gardberg is Nevada’s leading practitioner in charter school law. Collectively, he and his colleagues in the Las Vegas office represent over a dozen charter schools and applicants, including large, high-performing schools such as Coral Academy of Science Las Vegas, Coral Academy of Science Reno, Legacy Traditional School, and Freedom Classical Academy. Given that client base, over the past decade, we have worked on virtually every type of charter school matter imaginable. A mere sampling of our Nevada charter school experience includes the following:

a. GOVERNANCE

• Incorporated schools as non-profit corporations. • Negotiated a school’s charter contract renewal. • Drafted bylaws and bylaw amendments. • Advised on the nomination and election of board members (including compliance with the

Charter School Act). • Conducted multiple board training sessions regarding good governance and best practices. • Drafted:

Conflict of interest policies Ethics policies Nepotism policies Legal dispute policies

• Advised a board during a tense, intractable split among its directors (avoiding litigation). • Advised a board in forging an amicable split with its educational management organization

(avoiding litigation). • Advised a board in its determination of appropriate, competitive executive director salaries.

b. REGULATORY COMPLIANCE

• Represented applicants and schools in presentations to, and direct one-on-one dealings with,

various authorizers (i.e., the State Public Charter School Authority and a County School District), including responding to recent site visitation reports.

• Defended a school from complaints filed with the Nevada Attorney General alleging Open Meeting Law violations.

• Conducted multiple training sessions regarding compliance with the Open Meeting Law (NRS Cha. 241).

• Advised schools in complying with the Public Records Act (NRS Cha. 239). • Advised schools in complying with local government procurement laws (e.g., NRS Cha. 332.039

et. seq.), including the drafting and revising of requests for proposal (RFPs) to conform to Nevada statutes.

• Drafted a public records act policy, with a related submission form.

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c. STUDENTS AND STUDENT DISCIPLINE

• Presented “Crimes & Misdemeanors: Legal Issues in Student Discipline” at the CSAN Annual Conference in September 2018.

• Prosecuted multiple long-term suspension and expulsion hearings, both contested and non-contested.

• Defended schools in multiple due process and related special education law complaints, including Department of Education investigations.

• Drafted: Student handbooks (primary and secondary levels) Restorative justice policies English-language learner policies State testing opt-out policies

d. LABOR & EMPLOYMENT

• Co-presented “My Teacher Ate My Homework: When, Why, and How to Discipline (or Discharge)

Teachers & Staff” at the CSAN Annual Conference in September 2019. • Conducted an “in-service” training to all teachers/staff on sexual harassment, First Amendment,

corporal punishment, and other specialized legal matters. • Advised on multiple discharges of teachers, under both at-will and for-cause agreements, on

charges ranging from alcohol/drug use, violence, criminal arrests, and insubordination. • Advised schools in performing internal investigations in response to discrimination claims,

ADA/disability claims, etc. • Advised schools in PERS issues and the applicability of ERISA. • Advised schools in obtaining immigration visas for overseas employees. • Drafted:

Staff employment contract templates Teacher employment contract templates Teacher/staff handbooks Mileage reimbursement policies

e. CONTRACTING

• Drafted standard “Terms and Conditions” to be appended to client contracts. • Negotiated and drafted dozens of contracts between charter school clients and various third

parties, including agreements relating to: Food supplies/services Janitorial services Educational materials After-school care Trainings and professional development Technology rentals/purchases Marketing/public relations services Lottery software Back-office services Architectural, engineering, and construction services

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Rentals of portable classrooms Landscaping Temporary staff Crossing guards Sports coaching Sports leagues

f. FINANCIAL

• Advised schools in complying with state budgeting deadlines. • Advised schools in asserting real property tax exemptions, including appeals to the Nevada Tax

Equalization Board. • Acted as borrower’s counsel in charter schools’ tax-exempt bond financings.

g. LITIGATION

• Prosecuted motions for temporary restraining orders against (i) a parent and (ii) a staff member. • Defended a school in various lawsuits alleging tort claims. • Defended a school in a construction lawsuit involving alleged negligence. • Defended a school in countering discrimination, retaliation, and related labor law actions. • Defended a school in a small-claims matter involving an alleged breach of contract. • Advised a school in considering the prosecution of a defamation lawsuit. • Advised schools in dealing with subpoenas in third-party litigation. • Advised schools in handling wage garnishment orders.

h. REAL ESTATE

• Advised a school in its $8.4 million acquisition of a northwestern Las Vegas campus. • Advised a school in its $3 million acquisition of a Henderson campus. • Advised schools in multiple long-term leases of campuses for terms ranging 20 to 43 years, with

complex negotiations of rents (including abatements), tenant improvement allowances, renewal options, purchase options, and more.

• Represented a school in its (hotly-contested) procurement of a conditional use permit. • Advised a school in its construction and development of a new 800+ student campus on an active

air force base in Las Vegas, Nevada. • Advised a school in its construction and development of a new, stand-alone gymnasium. • Advised a school on prevailing-wage obligations in its construction projects. • Advised a school in negotiating a CC&R Amendment with its neighboring community. • Advised on the short-term rental of a campus for a political campaign event. • Advised on the short-term rental of a campus as a feature film shooting location.

i. ENROLLMENT/LOTTERIES

• Presented “For the HIGH (EN)ROLLERS: Lottery & Enrollment Law 101” at the CSAN Annual

Conference in September 2019. • Defended a school in an action filed with the state public charter school authority alleging

enrollment- and lottery-law violations.

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• Drafted: School fees & voluntary contributions policies Tuition reimbursement policies Foster care policies Homeless child policies

• Advised a school on how to achieve priority classification for elite high school athletes. The list above only covers charter school work handled here in Nevada. A sampling of our firm’s education-law experience elsewhere includes the following. Should Doral Academy desire further details or additional examples, we would be happy to provide more information.

• Represented school districts, charter schools, community colleges, and private universities in the following matters: (1) bond issuances; (2) referendums for bond issuances; (3) working cash fund transfers; (4) labor negotiations on behalf of school districts and against teachers unions and service unions; (5) special education matters such as due process hearings, expulsion hearings; (6) student matters such as first amendment, fourth amendment, expulsions, discipline, school shooter threats, and student handbooks; (7) employment issues such as tenure teacher dismissals, severance agreements, investigations, administrative hiring, and reduction-in-force actions; (8) general advising on matters such as open meetings act, FOIA, Title IX, Title VII, board elections, and board transparency; and (9) litigation including labor & employment, constitutional issues, injunctions, TROs, etc.

• Represented school districts, charter schools, community colleges, and private universities in matters dealing with the U.S. Department of Education (responding and investigation inquiries from the Office of Civil Rights), EEOC charges, employee handbooks, reviewing and revising board polices, labor arbitrations, financing (grants, bond, tax levies), FERPA (Federal Family and Education Rights in Privacy Act), student records requests, and purchases of real estate.

• Successfully represented an Illinois school district in a referendum to approve a bond, which allowed the school district to avoid cuts to sports, clubs, and other activities. The work involved research/opinions on various issues regarding appropriate board action with respect to notice, public hearings, media campaigns, and responses to opposition media campaigns. Legal counsel was also provided regarding the bond issuance itself, including the requirements/legal limits for its issuance, proper procedures for securing the bond, and the legal procedures for utilizing the bond money following the vote.

• Represent the University of Michigan in intellectual property matters. • Represent Highland Park School District in real estate, construction/development and financial

matters.

IV. YOUR TEAM Howard & Howard offers a team approach to handling matters which sets us apart from other law firms. We hand pick members for a given client’s team based on their relevant legal experience, availability to dedicate sufficient time to the representation, and, most importantly, the ability to work directly and efficiently with our client.

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Our suggested “Doral Academy Team” consists of the following individuals:

MARK GARDBERG Mr. Gardberg will be your primary client contact. As discussed above, he is a leading practitioner in charter school law. Additionally, Mr. Gardberg practices business and transactional law. His day-to-day work is primarily in entity formation, mergers and acquisitions, real estate deals, and financings. Given the complexities of modern business, he routinely addresses licensing, employment, intellectual property, dispute resolution, bankruptcy, and other law matters. Over the course of two decades, Mr. Gardberg has worked on business

matters ranging in value from a few hundred dollars to over $500 million, both throughout the U.S. and in Eastern and Western Europe. His clients, in turn, have ranged from mom-and-pop businesses to Fortune 500 companies, in industries spanning technology, retail business, banking, manufacturing, cannabis, and so on. Mr. Gardberg is a member of the State Bars of Nevada, California, New York, and Florida. Mr. Gardberg previously spent five years in Geneva, Switzerland overseeing a German mass-claims compensation program. His unit resolved 35,000 Holocaust-era property loss claims, awarding $100 million to thousands of World War II survivors and their families. In 1996, Mr. Gardberg graduated from the University of California, Berkley School of Law, Order of the Coif (Top 10%). In 1991, he earned his undergraduate degree from Georgetown University, summa cum laude.

ROBERT ROSENTHAL Mr. Rosenthal's practice emphasizes providing counseling and litigation services to charter schools, businesses and individuals regarding employment contracts, non-compete agreements, trade secrets, discrimination and sexual harassment, wage and hour laws, collective bargaining, shareholder disputes, and mergers and acquisitions. Mr. Rosenthal has extensive courtroom experience and frequently appears in state and federal courts in Nevada and California as well as various administrative agencies, such as the National Labor Relations

Board, Equal Employment Opportunity Commission, Nevada Equal Rights Commission, California Department of Fair Employment and Housing, and Department of Labor. He regularly conducts trainings and seminars on a wide range of issues, including sexual harassment, employee leave laws, internal investigations, employee handbooks, and marijuana in the workplace.

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CAMI PERKINS Ms. Perkins has an extensive charter school, business, real estate, and litigation background. She has represented and advised clients in connection with all of their business needs, including the proper structuring (or restructuring) of their enterprise, all types of business and real estate negotiations and contracts, corporate governance, and general business and real estate dealings. Her litigation experience includes primarily partner and shareholder divorces and disputes, breach of contract actions, and real estate litigation. Ms. Perkins has successfully settled more than 300 cases through mediation and

litigated numerous matters through summary adjudication, arbitration, and trial.

CHRISTOPHER SCHAEFFER Mr. Schaeffer represents clients in state and federal courts, as well as before state, federal, and regulatory agencies. He focuses his practice in all areas of business and commercial litigation, including shareholder disputes, derivative lawsuits, mergers and acquisitions, labor and employment, intellectual property, trade secrets, non-compete agreements, and non-solicitation agreements. Before joining Howard & Howard, Mr. Schaeffer was a litigation associate at an education law firm. In that capacity, he represented

educational institutions in state and federal courts, as well as before state and federal agencies, and also gained experience in the referendum process. He advised educational institutions on a variety of legal matters, including labor and employment, students and special education, and board governance. Some of his specific experience includes representing school districts, charter schools, community colleges, and private universities in the following matters: (1) bond issuances; (2) referendums for bond issuances; (3) working cash fund transfers; (4) labor negotiations on behalf of school districts and against teachers unions and service unions; (5) special education matters such as due process hearings, expulsion hearings; (6) student matters such as first amendment, fourth amendment, expulsions, discipline, school shooter threats, and student handbooks; (7) employment issues such as tenure teacher dismissals, severance agreements, investigations, administrative hiring, and reduction-in-force actions; (8) general advising on matters such as open meetings act, FOIA, Title IX, Title VII, board elections, and board transparency; (9) litigation including labor & employment, constitutional issues, injunctions, TROs, etc.; and (10) U.S. Department of Education matters such as responding and investigation inquiries from the Office of Civil Rights, EEOC charges, employee handbooks, reviewing and revising board polices, labor arbitrations, financing (grants, bond, tax levies, FERPA (Federal Family and Education Rights in Privacy Act), student records requests, and purchases of real estate.

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BILL BURDETT Mr. Burdett has handled all aspects of municipal law, from property tax appeals, real estate management and development, municipal governance—including Freedom of Information Act and Open Meetings Issues—and general civil litigation relating to contract issues. Mr. Burdett frequently handles extensive real estate development for his clients and has a keen understanding of available tax incentives and zoning issues that may arise with investments and development funds for municipalities.

One of Mr. Burdett’s chief clients is a School District, for whom he has handled and will be handling real estate, construction/development and financial matters. That district is also a charter school authorizer, so Mr. Burdett’s responsibilities include negotiating and completing charter contracts and overseeing charter school compliance.

ROBERT GRAZIANI Mr. Graziani serves as a board member for the Full Circle Foundation, which advises and consults w/the Grosse Pointe School Board. In that capacity he has dealt with numerous issues relevant to schools, including real estate acquisitions.

CHRISTOPHER WARBURTON Mr. Warburton’s practice focuses on corporate, securities, real estate, financing, intellectual property, licensing, and regulatory matters. He advises businesses of all sizes on corporate transactional matters through all stages of growth, including entity formation, early stage business development, stock and asset transactions, mergers, and other exit events across a variety of industries. He strives to ensure each client is built on a strong foundation by properly documenting and executing transactions, allowing the client to focus on operating and growing their business.

Additionally, Mr. Warburton has experience representing and advising receivers over businesses in highly regulated industries and addressing the unique challenges posed to distressed businesses in complex fields subject to strict regulatory oversight.

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ROBERT HERNQUIST Mr. Hernquist’s experience includes shareholder disputes, banking and real estate matters, and business torts, such as fraud, unfair trade practices, and misappropriation of intellectual property. The bulk of his caseload arises from investments, business contracts and leases, banking and real estate transactions, shareholder disputes, and construction projects. A number of those cases have garnered national media attention. He has also successfully litigated cases involving non-compete agreements, libel/defamation, and constitutional issues.

Prior to joining Howard & Howard, he was a partner at one of Nevada's largest and most illustrious law firms. His clients have ranged from small businesses to Fortune 500 corporations to government agencies, such as the FDIC, and he has represented a broad variety of industries including gaming, sports and entertainment, banking and investment funds, solar energy, healthcare, manufacturing, aerospace, commercial landlords, taverns and nightclubs, and contractors and materialmen. In 2015, Rob was approached by the State Bar of Nevada and asked to assist with the Nevada Civil Practice Manual, a civil litigation guide published by LexisNexis. He was a contributing author to the sixth edition, authoring Chapter 18 on “Offers of Judgment.” He was also an editor for the fifth edition, where he updated and edited Chapter 25 on “Post Trial Motions.”

JAY YOUNG Mr. Young concentrates his practice in general civil and commercial/business litigation, as well as serving as a private arbitrator and mediator. He is a Nevada Supreme Court Settlement Judge, a judge pro tem with the city of Henderson, Nevada Municipal Court, and has been appointed a special master to the Business Court Division of the Eighth Judicial District Court, Clark County, Nevada. Mr. Young is also a national panelist (Complex Commercial Arbitration and Mediation Panels) with the American Arbitration Association, an

arbitrator/mediator with Advanced Resolution Management, and an arbitrator with the Better Business Bureau as well as the Eighth Judicial District Court in Clark County, Nevada. Additionally, he holds a 36-hour ADR certificate, is a graduate of a 40-hour mediator training and a 40-hour arbitrator training, as well as Pepperdine University’s Straus Institute for Dispute Resolution “Advanced Mediation: Skills and Techniques” course.

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JAMES YEE Mr. Yee's practice focuses on intellectual property law, with a concentration in electrical, mechanical, electromechanical, computer architecture, systems, and software technologies. In his 30+ years of experience, he has written and/or prosecuted hundreds of patents in automotive and motor vehicle, gaming, and other fields. Further, he has extensive experience in drafting and prosecuting patents for medical devices, software, customer loyalty programs, e-commerce systems, and building and construction systems.

Mr. Yee spent a significant portion of his early career working in-house with Caterpillar Inc. and DaimlerChrysler Corporation. At Caterpillar Inc., he worked as an electrical engineer (where he, among other things, wrote C code for hydraulic excavators) and was subsequently an intellectual property attorney responsible for drafting and prosecuting domestic and foreign patent applications in the electromechanic, electrohydraulic, and computer-related arts.

V. WHY HOWARD & HOWARD IS THE RIGHT CHOICE FOR DORAL ACADEMY

a. CLIENT DEDICATION Doral Academy would have the highest level of priority at Howard & Howard. Our reputation in the Nevada charter school sector for reliability, responsiveness, cost-effectiveness, and experience is of paramount importance to us. We are a business law firm and we operate like a business. We understand the importance and value of relationships. We understand that it is good business for us to demonstrate to Doral Academy at all times, that we are Doral Academy’s partner and that as a service provider, we must meet your needs. Mr. Gardberg, your primary contact at Howard & Howard, will either personally handle your matters or monitor and oversee them. It will always be your option to liaise solely through Mr. Gardberg, as a one-stop shop, or to deal directly with the other attorneys handling your specific matter (e.g., on labor & employment matters, Mr. Rosenthal).

b. RESULTS We take a long-range view and do what is right for the client in each situation, never proceeding by habit or a desire to “keep the meter running.” Our goal is to perform services efficiently to obtain the client’s desired result. Howard & Howard commits to achieving the best result for Doral Academy on each matter, at a minimum expense. Clients stay with Howard & Howard for the long term, relying on us for trusted advice and winning solutions. We earn that trust by always keeping one eye on the finish line—and the other on the bottom line.

c. RESPONSIVENESS It is our internal policy to respond quickly and effectively to each client. We demonstrate this policy for our clients every day by, for example, handling matters remotely during vacations, at night, on weekends, or essentially any time, any place, whenever and wherever our clients have a need. Doral Academy will

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receive that level of responsiveness from us. You will have Mr. Gardberg’s personal cellphone number as of day one.

d. BUSINESS JUDGMENT Howard & Howard is organized and run like a business. Our attorneys, as well as our staff, think with a business mindset at all times. This directly affects the way we approach and handle client matters. We strive to understand our clients’ strategic and tactical needs in order to achieve the best overall results for our clients.

e. EXPERIENCE

We can offer Doral Academy significant depth and breadth, providing experienced lawyers for all needs. We provide attorneys with the optimal level of experience to effectively handle any matter in a cost-efficient manner. Mr. Gardberg has nearly 25 years of experience, but from time to time would delegate matters to junior associates or more senior counsel, as circumstances reasonably dictate.

f. COST-EFFECTIVENESS Our standard rates are competitive, and, as shown above, are well below prevailing rates of major firms in our markets and among AmLaw 200 firms. See Thomson Reuters’ Peer Monitor Analysis chart, above. Our business judgment ensures that we consider the cost in making any tactical decision. Taking all of these factors into account, we can provide Doral Academy with the best possible quality legal services at the lowest realistic cost. Howard & Howard is particularly mindful of the financial pressures on its charter school clients. Most Nevada charters are virtually entirely taxpayer- and grant-funded, with minimal alternative revenue sources like parent contributions. Moreover, Doral Academy’s economics are only going to grow more difficult as the COVID-19 pandemic continues—with Governor Sisolak already suggesting that budget cuts of between 6 and 14% are possible. Howard & Howard’s goal is for the vast majority of your funding to stay in classrooms, in the form of teacher salaries, books, and technology—not to go to your attorneys. With that in mind, Mr. Gardberg, whose current billable rate is $470/hour, is happy to offer Doral Academy an introductory rate of $350/hour for the first six months of the engagement (a 25% reduction), regardless of the quantity of work at issue, increasing to $375/hour for the following six months, and then $395/hour thereafter, at which point his fee would remain capped at that sum on a permanent basis, immune from any further year-to-year increases. Mr. Gardberg is adamant that fees/rates should never come between a charter school and its counsel. In Howard & Howard’s experience, flat-fee or capped projects seldom lead to actual cost savings for the client because they force the firm to over-estimate its potential investment of time. However, the firm is always willing to discuss “alternative” pricing strategies with you, and to discuss other methods for keeping legal fees and costs in line with the school budget and your expectations.

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g. CULTURAL FIT Based upon our knowledge of your needs, we believe there is exceptional potential for a highly successful relationship. We are excited about the prospect of providing legal counsel and representation for Doral Academy. We believe we match well with Doral Academy’s needs for legal services and can help achieve its goals.

VI. CONCLUSION

We are confident in our ability to satisfy your requirements and exceed your expectations, all in a cost-effective manner. Howard & Howard has experience and depth in representing schools. We also have a client-success driven culture, and a solid business-like approach to the delivery and pricing of legal services. We are excited about this opportunity and are eager to work with your team at Doral Academy. Thank you for your time and we look forward to working with you!

Respectfully Submitted, HOWARD & HOWARD ATTORNEYS PLLC

By: _________________________________ Mark J. Gardberg Wells Fargo Tower 3800 Howard Hughes Parkway Suite 1000 Las Vegas, NV 89169

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Support Summary

Meeting Date: May 6, 2020 Agenda Item: 13 – Discussion and Approval of the Final Budget for the 2020/2021 School Year Number of Enclosures: 3

SUBJECT: Approval of 2020/2021 Final Budget X Action Appointments Approval Consent Agenda Information Public Hearing Regular Adoption

Presenter (s): Trevor Goodsell Recommendation: Proposed wording for motion/action: Move to approve the final budget for the 2020/2021 school year, as presented. Fiscal Impact: N/A Estimated Length of time for consideration (in minutes): 5-7 Minutes Background: The final budget for the 2020/2021 school year requires Board approval. Submitted By: Staff

134

ONE HUNDRED ONE NORTH CARSON STREET

CARSONCITY.NEVADA 89701

OFFICE (775) 684-5670

FAx No. (775) 684-5683

555 EAST WASHINGTON AVENUE. SUITE 51 ()()

LAS VEGAS. NEVADA 8910 I

OFFICE (702) 486-2500

FAX No.: (702) 486-2505

®£fire nf tqe (inuernnr April 3, 2020

Dear Directors, Executive Directors & Administrators:

Just a few weeks ago, my newly established subcabinet groups· began the hard work of meeting and formulating the means and ways to successfully implement my vision of a child and family centered Nevada government. In just a short period of time, we saw agencies working together, using their shared expertise to reach a unified goal, and breaking down the silos that plague every organization of this size. My staff and I observed a refreshing optimism and an invigoration of ideas that was carrying us through as we worked towards these focu;ed priorities and toward a new and optimistic budget.

Unfortunately, the unimaginable has.happened, and the magnitude ofthe COVID-19 public health crisis could not have been anticipated. Since my inauguration, I've welcomed honesty in your advice and expertise. Now, I will be honest with you.

We are headed into a new reality and need to take a different direction with our state budget that reflects this reality. One does not have to be a statistician or budget analyst to know that government budgets are taking significant hits as aciual revenue will not meet our previous projected revenue expectations. That is why I have asked the Governor's Finance Office to send you the attached direction to begin that hard process of working together with your Governor's Finance Office budget analyst to jointly review _ your respective budgets and make recommendations for budget reserves. In this unprece_2ented and unfortunate situation, we need to make these difficult decisions together.

My direction to my staff and the Governor's Finance Office is that we will be surgical and thoughtful in our approach to this problem. While we must have percentage targets to start this process, we will not just simply make a:strict percentage cut across the board to our budgets. I believe to do so would be a disservice to the citizens of Nevada. All budgetary decisions made in the coming weeks and months will be made with an eye toward prioritizing our state resources to protect the health and safety of our citizens and to get us on the path toward a healthy recovery, both physically and economically.

We cannot - and I will not - cut the budgets of those agencies that provide the necessary resources for those on the front lines of the COVID-19 response. This moment in history is unique as this is a public health crisis of a magnitude that Nevadans have never seen. We must prioritize our resources so that we can effectively address, mitigate, and resolve this crisis as soon as possible and return to social and economic nmmalcy. We cannot accomplish this mandate if we cut the vital areas needed to execute an effective COVID-19 response.

135

I wish we weren't facing the reality of this crisis, and I wish I didn't have to write this letter. However, as all Nevadans - including family households, small businesses, and even our largest employers - are looking at their finances and budgets differently right now, so should the State of Nevada. All Nevadans will be making cuts to their budgets, and we need to as well.

I know it is an all too familiar exercise for many of you to be asked to review your budgets for recommendations to remove resources, contract desired expansions, and set aside planned improvements all in the vein of shared sacrifices. In the little over a year since taking office, my staff and I have seen ample evidence of the extraordinary ideas and vision you have as state leaders, and it saddens me to ask you to postpone some of those aspirations for the time being. However, it is my hope that we can learn from this challenge and build a new paradigm so that we will come out stronger on the other end and get back to that work of building the state government that I have envisioned- one that is centered on the needs of the children, families and communities of Nevada.

Sincerely,

136

BienniumGeneral Fund Budget Cuts General Fund Budget Cuts Additional Additional Total Total

Appropriations 4.00% Appropriations 6.00% 4.00% 4.00% Budget Cuts Budget CutsOffice of the Governor 2,733,781 109,351 2,768,567 166,114 110,743 110,743 387,599 496,951Governor’s Mansion 340,671 13,627 374,414 22,465 14,977 14,977 52,418 66,045Office for New Americans 176,285 7,051 196,082 11,765 7,843 7,843 27,451 34,503Department of Sentencing Policy 404,492 16,180 488,311 29,299 19,532 19,532 68,364 84,543Office of Indigent Defense 2,672,393 106,896 2,862,995 171,780 114,520 114,520 400,819 507,715Governor's Finance Office - Budget Division 4,026,488 161,060 4,580,881 274,853 183,235 183,235 641,323 802,383Governor's Finance Office-Special Appropriations 5,275,000 211,000 5,250,000 315,000 210,000 210,000 735,000 946,000Governor's Finance Office - Internal Audits 1,680,294 67,212 1,743,158 104,589 69,726 69,726 244,042 311,254Governor's Finance Office - Smart 21 2,129,463 85,179 2,059,147 123,549 82,366 82,366 288,281 373,459Nuclear Waste Project Office 1,326,582 53,063 1,441,612 86,497 57,664 57,664 201,826 254,889Governor's Office of Energy 100 0 100 0 0 0 0 0Office of Science, Innovation and Technology 4,121,613 164,865 4,139,459 248,368 165,578 165,578 579,524 744,389Office of Workforce Innovation 2,541 102 2,541 152 102 102 356 457Nevada P20 Workforce Reporting 873,633 34,945 877,402 52,644 35,096 35,096 122,836 157,782Western Interstate Commission for Higher Education -Admin 400,983 16,039 425,265 25,516 17,011 17,011 59,537 75,576Western Interstate Commission for Higher Education -Loans & Stipends 913,134 36,525 919,512 55,171 36,780 36,780 128,732 165,257Lieutenant Governor 713,060 28,522 747,758 44,865 29,910 29,910 104,686 133,209Office of Attorney General 6,733,361 269,334 5,292,380 317,543 211,695 211,695 740,933 1,010,268Office of Secretary of State 18,420,868 736,835 19,400,913 1,164,055 776,037 776,037 2,716,128 3,452,963Office of State Treasurer 621,451 24,858 629,223 37,753 25,169 25,169 88,091 112,949Office of State Controller 5,335,084 213,403 5,505,823 330,349 220,233 220,233 770,815 984,219Department of Administration 5,662,000 226,480 5,772,604 346,356 230,904 230,904 808,165 1,034,645Merit Award Board 3,621 145 1,128 68 45 45 158 303National Judicial College and National College of Juvenile & Family Justice 467,500 18,700 387,500 23,250 15,500 15,500 54,250 72,950Department of Taxation 37,294,224 1,491,769 38,796,604 2,327,796 1,551,864 1,551,864 5,431,525 6,923,294Legislative Fund 38,938,897 1,557,556 37,144,188 2,228,651 1,485,768 1,485,768 5,200,186 6,757,742Supreme Court of Nevada 7,726,354 309,054 7,708,487 462,509 308,339 308,339 1,079,188 1,388,242Court of Appeals 3,129,363 0 3,031,831 0 0 121,273 121,273 121,273Law Library 1,883,264 1,932,457 77,298 77,298 154,597Senior Justice & Senior Judge Program 1,025,708 1,023,348 40,934 40,934 81,868Judicial Programs and Services 1,370,185 54,807 1,432,979 85,979 57,319 57,319 200,617 255,424Judicial Retirement System 1,409,432 0 1,505,006 0 0 0 0 0Specialty Court 3,640,718 0 4,384,251 0 0Commission on Judicial Discipline 960,109 38,404 964,109 57,847 38,564 38,564 134,975 173,380District Judges’ salaries 23,777,848 0 22,946,133 0 0 0 0 0Governor's Office of Economic Development 14,513,592 580,544 9,988,911 599,335 399,556 399,556 1,398,448 1,978,991Nevada System of Higher Education 684,707,608 27,388,304 694,855,461 41,691,328 27,794,218 27,794,218 97,279,765 124,668,069

As of March 2020

2019-2020 2020-2021

Budget Reserve Targets2020 - 2021 Biennium

State of Nevada

Page 1 of 2137

BienniumGeneral Fund Budget Cuts General Fund Budget Cuts Additional Additional Total Total

Appropriations 4.00% Appropriations 6.00% 4.00% 4.00% Budget Cuts Budget Cuts

As of March 2020

2019-2020 2020-2021

Budget Reserve Targets2020 - 2021 Biennium

State of Nevada

Department of Toursim and Cultural Affairs 3,955,668 158,227 3,793,298 227,598 151,732 151,732 531,062 689,288Department of Health and Human Services 1,340,623,442 53,624,938 1,459,853,598 87,591,216 58,394,144 58,394,144 204,379,504 258,004,441Child Welfare Programs 79,892,404 1,597,848 80,830,927 2,424,928 1,616,619 1,616,619 5,658,165 7,256,013Juvenile Justice Programs 2,967,825 0 3,003,819 0 0 0 0 0Office of the Military 4,933,767 197,351 5,297,557 317,853 211,902 211,902 741,658 939,009Office of Veterans’ Services 2,444,312 97,772 2,537,166 152,230 101,487 101,487 355,203 452,976Department of Corrections 311,903,286 12,476,131 320,589,258 19,235,355 12,823,570 12,823,570 44,882,496 57,358,628Department of Business and Industry 4,168,426 166,737 4,545,673 272,740 181,827 181,827 636,394 803,131Department of Agriculture 3,374,478 134,979 3,538,928 212,336 141,557 141,557 495,450 630,429Department of Conservation and Natural Resources 39,489,210 1,579,568 41,166,442 2,469,987 1,646,658 1,646,658 5,763,302 7,342,870Department of Wildlife 1,294,162 51,766 1,314,207 78,852 52,568 52,568 183,989 235,755Department of Employment, Training and Rehabilitation 5,058,000 202,320 5,234,615 314,077 209,385 209,385 732,846 935,166Department of Motor Vehicles 33,876 1,355 34,326 2,060 1,373 1,373 4,806 6,161Department of Public Safety 11,031,803 441,272 11,281,073 676,864 451,243 451,243 1,579,350 2,020,622Public Safety - Parole and Probation 55,641,345 2,225,654 57,366,378 3,441,983 2,294,655 2,294,655 8,031,293 10,256,947Public Safety - Parole Board 3,384,302 135,372 3,427,032 205,622 137,081 137,081 479,784 615,157Commission on Ethics 245,698 9,828 244,951 14,697 9,798 9,798 34,293 44,121General Fund Salary Adjustment 30,401,904 1,216,076 30,741,594 1,844,496 1,229,664 1,229,664 4,303,823 5,519,899Department of Education 64,733,905 2,589,356 64,902,558 3,894,153 2,596,102 2,596,102 9,086,358 11,675,714Distributive School Account (DSA) 1,166,677,713 46,667,109 1,162,939,824 34,888,195 11,629,398 11,629,398 58,146,991 104,814,100School Remediation Trust Account 131,107,961 5,244,318 129,930,131 7,795,808 5,197,205 5,197,205 18,190,218 23,434,537Other Education Programs 92,038,675 3,681,547 90,716,059 5,442,964 3,628,642 3,628,642 12,700,248 16,381,795New Nevada Education Funding 69,937,000 2,797,480 69,937,000 4,196,220 2,797,480 2,797,480 9,791,180 12,588,660School Safety 23,062,183 922,487 27,841,066 1,670,464 1,113,643 1,113,643 3,897,749 4,820,237Gaming Control Board 31,237,533 1,249,501 31,333,875 1,880,033 1,253,355 1,253,355 4,386,743 5,636,244Gaming Commission 802,642 32,106 834,608 50,076 33,384 33,384 116,845 148,951Tahoe Regional Planning Agency 1,920,215 76,809 1,820,215 109,213 72,809 72,809 254,830 331,639PEBP- Non State Retiree Rate Mitigation 1,035,547 0 458,176 0 0 0 0 0

0 0Total Operating Appropriations $4,368,808,982 $4,507,094,894

Page 2 of 2138

20-21 Cactus Pebble Saddle RR Elm RR MH Fire Mesa ED Office Doral

WFTE Gross Value 6,520 6,520 6,520 6,520 6,520 6,520 - 6,520

Total Students (FTEs) 1,000 1,000 1,000 790 1,243 1,000 - 6,033

Kinder 100 4 100 4 100 4 125 5 - 100 4 - 525

1st Grade 100 4 100 4 100 4 125 5 - 100 4 - 525

2nd Grade 104 4 104 4 104 4 130 5 - 104 4 - 546

3rd Grade 104 4 104 4 104 4 130 5 - 104 4 - 546

4th Grade 112 4 112 4 112 4 140 5 - 112 4 - 588

5th Grade 112 4 112 4 112 4 140 5 - 112 4 - 588

6th Grade 124 4 124 4 124 4 - 186 6 124 4 - 682

7th Grade 124 4 124 4 124 4 - 186 6 124 4 - 682

8th Grade 120 4 120 4 120 4 - 186 6 120 4 666

9th Grade - - - - 250 8 - - 250

10th Grade - - - - 240 8 - - 240

11th Grade - - - - 125 4 - - 125

12th Grade - - - - 70 3 - - 70

Total Students (FTEs) 1,000 1,000 1,000 790 1,243 1,000 - 6,033

Prior Year Numbers

SPED 88 77 82 102 123 99 - 571

ELL -

Gate 51 54 95 73 - 53 - 326

FRL % 13% 26% 15% 10% 10% 35%

TEACHING STAFF

Classroom Teachers 36.00 36.00 36.00 30.0 41.0 6.8 36.00 215.00

SPED Teachers 3.00 4.55 3.00 4.55 3.50 4.55 2.5 7.0 6.78 4.00 23.00

Art Teacher 1.00 1.00 1.00 1.0 2.0 1.00 7.00

Music 1.00 1.00 1.00 1.0 2.0 1.00 7.00

PE Teacher 1.00 1.00 1.00 1.0 1.0 1.00 6.00

Technology (STEM) - - - 1.0 - - 1.00

Spanish / Language 1.00 1.00 1.00 1.0 1.0 1.00 6.00

Additional Elective Teachers 3.66 3.66 3.66 0.5 2.0 3.66 17.14

Total Teaching Staff 46.66 46.66 47.16 38.00 56.00 47.66 282.14

ADMIN & SUPPORT Cactus Pebble Saddle RR Elm RR MH Fire Mesa ED Office Doral

Executive Director - - - - - 1.0 1.00

Principal 1.0 1.0 1.0 1.0 1.0 1.0 6.00

Assistant Principal 2.0 2.0 2.0 2.0 3.0 2.0 1.0 14.00

Counselor/ Student Support Advocate - - - 1.0 2.0 1.0 4.00

Curriculum Coach 1.0 1.0 1.0 - 1.0 1.0 3.0 8.00

Office Manager 2.0 2.0 2.0 2.0 2.0 1.0 1.0 12.00

Registrar 1.0 1.0 1.0 1.0 1.0 1.0 6.00

Clinic Aide/ FASA 1.0 1.0 1.0 1.0 1.0 1.0 6.00

Receptionist 1.0 1.0 1.0 1.0 2.0 1.0 7.00

Teacher Assistants (SPED) 7.8 7.2 7.2 6.5 6.5 0.5 8.5 43.70

Campus Monitor/Custodian 2.0 2.0 2.0 1.0 3.0 2.0 12.00

Cafeterial Manager 1.0 1.0 1.0 1.0 2.0 1.0 1.0 8.00

SPED Facilitator 0.5 0.5 0.5 - 0.5 0.5 2.50

Speech Pathologist - - - 1.0 - - 1.00

School Psychologist 0.5 0.5 0.5 - - 0.5 2.00

School Nurse - - - 1.0 - - 1.00

OT - - - - - - -

Gate Teacher 0.5 0.5 1.0 0.5 0.5 0.5 3.50

Total Admin & Support 21.3 20.7 21.2 20.0 25.5 22.0 7.0 137.7

Total # Teachers 46.66 46.66 47.16 38.00 56.00 47.66 - 282.14

Total # Admin & Support 21.30 20.70 21.20 20.00 25.50 22.00 7.00 137.70

Total Staff 67.96 67.36 68.36 58.00 81.50 69.66 7.00 419.84

Total Salaries & Benefits as % of Expenses 63.6% 60.0% 64.6% 61.2% 60.4% 60.8% 90.7% 62.2%

Instruction Salaries as % of Total Salaries 78.5% 77.5% 77.8% 75.3% 74.6% 76.9% 0.0% 74.7%

Admin & Support Salaries as % of Total Salaries 21.5% 22.5% 22.2% 24.7% 25.4% 23.1% 100.0% 25.3%

Rent as % of Revenue 11.9% 14.0% 11.9% 14.6% 14.7% 15.0% 13.7%

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REVENUE (@ 95%)

3110 Budget Revenue 6,194,000 6,194,000 6,194,000 4,893,260 7,699,142 6,194,000 37,368,402

4500 NSLP 72,540 145,080 83,700 44,082 69,359 195,300 610,061

3200 GATE 34,802 $682 36,850 $682 64,828 682 49,815.20 682 - 36,167.20 682 222,462

1510 Interest Income 10,000 10,000 10,000 10,000 10,000 10,000 60,000

PPP 764,628 764,628 764,628 604,056 950,432 764,628 4,613,000

4500 Special Ed Funding (Part B) 83,600 $950 73,150 $950 77,900 96,900 116,850 94,050 542,450

3115 SPED Discretionary Unit 273,680 $3,110 239,470 $3,110 255,020 3110 317,220 3110 382,530 3110 307,890 3110 1,775,810

Total Revenues 7,433,250 7,463,177 7,450,076 6,015,333 9,228,314 7,602,035 - 45,192,186

EXPENSES

Personnel Costs Cactus Pebble Saddle RR Elm RR MH Fire Mesa ED Office Doral

104 Principal 100,000 121,184 106,000 126,712 125,000 126,858 147,105 852,859

104 Assistant Principal(s) 158,500 175,300 181,950 157,500 257,700 164,500 67,900 1,163,350

105 Curriculum Coach 71,781 57,200 67,713 - 67,200 84,550 157,750 506,194

105/106 Counselor / Student Support Advocate/Dean 52,000 57,200 42,224 59,144 103,925 54,900 - 369,393

101 /103 Teachers Salaries 1,996,354 47,450 1,921,040 44,900 2,032,373 47,450 1,562,000 44,900 2,234,875 46,275 1,971,249 46,050 - 11,717,891

101 SPED Teachers 137,175 132,000 162,925 112,250 321,125 180,600 - 1,046,075

107 Office Manager/ Registrar / Banker 107,688 104,752 105,404 90,270 106,326 106,225 65,100 685,764

107 Secretary & FASA 56,056 40,800 40,800 47,904 61,200 48,000 - 294,760

102 Teacher Assistants (including SPED) 146,016 132,192 132,192 121,680 121,680 159,120 - 812,880

107 Campus Monitors 49,920 48,960 48,960 24,960 86,640 49,920 - 309,360

Unrestricted Salaries 2,875,490 2,790,628 2,920,541 2,302,420 3,485,671 2,945,922 437,855 17,758,526

Restricted Salaries

SPED Facilitator 22,120 22,120 51,731 29,611 125,583

Speech Pathologist 40,716 40,716

School Psychologist -

School Nurse 30,259 30,259

OT -

GATE 27,462 26,692 61,246 54,682 27,462 197,543

Cafeteria Manager - NSLP 14,040 6hrs 14,040 6hrs 14,040 6hrs 14,040 6hrs 28,080 6hrs 14,040 6hrs 47,362 145,642

On Campus Sub 22,500 22,500 22,500 22,500 22,500 22,500 135,000

Restricted Salaries 64,002 63,232 150,165 154,059 102,311 93,613 47,362 674,743

Total Salaries and Wages 2,939,491 2,853,859 3,070,706 2,456,479 3,587,982 3,039,534 485,217 18,433,268

230 PERS - 29.25% 859,801 834,754 898,181 718,520 1,039,247 889,064 98,898 5,338,465

Insurances/Employment Taxes/Other Benefits 529,108 496,729 538,454 424,427 635,337 529,356 66,744 3,220,155

150 Incentives / Bonuses 38,230 38,035 38,629 32,934 46,306 39,051 4,975 238,161

Steiphen -

250 Tuition Reimbursements 8,500 8,500 8,500 8,500 12,500 8,500 55,000

Subst. Teachers (10 days/Teacher) 54,489 165 54,489 165 55,314 165 40,200 165 69,900 165 56,139 165 330,531

Total Payroll / Benefits and Related 4,429,620 4,286,366 4,609,784 3,681,060 5,391,273 4,561,644 655,834 27,615,580

Supplies Cactus Pebble Saddle RR Elm RR MH Fire Mesa ED Office Doral

Consumables 100,000 100,000 100,000 79,000 124,300 100,000 603,300

Zion's FFE Lease - payments 146,000 285,000 185,000 200,000 305,000 205,000 1,326,000

610 Office Supplies 13,000 13 13,000 13 13,000 13 10,270 13 16,159 13 13,000 13 3,000 81,429

610 Classroom Supplies 27,000 27 27,000 27 27,000 27 21,330 27 33,561 27 27,000 27 162,891

610 Copier Supplies 4,000 4 4,000 4 4,000 4 3,160 4 4,972 4 4,000 4 24,132

610 Nursing Supplies 3,000 3 3,000 3 3,000 3 2,370 3 3,729 3 3,000 3 18,099

610 SPED Supplies 10,560 120 9,240 120 9,840 120 12,240 120 14,760 120 11,880 120 68,520

Athletics/Extra - - - - 30,000 - 30,000

Total Supplies 303,560 441,240 341,840 328,370 532,481 363,880 3,000 2,314,371

Purchased Services

320 Data Analysts 10,000 10,000 10,000 10,000 10,000 10,000 40,000 100,000

300 Special Education Contracted Services 220,000 220 220,000 220 115,000 115 134,219 100 198,164 115 200,000 200 1,087,383

310 Management Fee 450,000 450 450,000 450 450,000 450 355,500 450 559,350 450 450,000 450 2,714,850

310 Payroll Services 18,310 18,166 18,406 15,920 21,560 17,718 110,082

340 Audit/Tax 10,300 10,300 10,300 10,300 10,300 10,300 61,800

340 Legal Fees 5,500 5,500 5,500 5,500 5,500 5,000 32,500

352 IT Services 42,000 42 42,000 42 42,000 42 33,180 42 52,206 42 42,000 42 253,386

350 IT Set-up Fees 5,500 5,500 5,500 5,500 7,000 5,000 34,000

591 State Administrative Fee 81,500 1.25% 81,500 1.25% 81,500 1.25% 64,385 1.25% 101,305 1.25% 81,500 1.25% 491,690

320 Affiliation Fee - Inc. (1/2 of 1%) 32,600 0.05% 32,600 0.05% 32,600 0.05% 25,754 0.05% 40,522 0.05% 32,600 0.05% 196,676

330 Affiliation Fee - Professional Development (1/2 of 1%) 32,600 0.05% 32,600 0.05% 32,600 0.05% 25,754 0.05% 40,522 0.05% 32,600 0.05% 196,676

Total Purchased Services 908,310 908,166 803,406 686,012 1,046,428 886,718 40,000 5,279,042

140

General Operations Cactus Pebble Saddle RR Elm RR MH Fire Mesa ED Office Doral

533 Telephone 3,000 250 3,600 300 3,600 300 2,700 225 3,600 300 3,000 250 19,500

535 Internet 17,100 1425 15,900 1325 16,200 1350 9,000 750 16,200 1350 15,900 1325 90,300

534 Cell Phones - - - - - - -

531 Postage 900 900 900 900 1,250 900 5,750

535 Website 4,200 4,200 4,200 4,200 4,200 4,200 25,200

443 Copier / Printing 55,500 55,500 55,500 55,500 72,500 55,500 17,000 367,000

651 Infinite Campus 2,500 2,500 2,500 2,500 2,500 2,500 15,000

Total General Operations 83,200 82,600 82,900 74,800 100,250 82,000 17,000 522,750

Insurances

521 Property Insurnance 40,000 40,000 40,000 37,500 50,000 40,000 247,500

522 Liability Insurance

523 Other Insurances

Total Insurances 40,000 40,000 40,000 37,500 50,000 40,000 - 247,500

Other

570 Lunch Program-NSLP 69,360 2.90 137,220 79,800 42,738 66,385 183,950 579,453

540 Advertising/Marketing 3,000 3,000 3,000 3,000 5,000 3,000 20,000

580 Travel 1,500 1,500 1,500 1,500 1,500 1,500 5,000 14,000

340 Background and Fingerprinting 540 540 660 540 540 540 3,360

810 Dues and Fees 10,300 10,300 10,300 10,300 10,300 10,300 1,000 62,800

Prior Year Surplus allocated by board 5,000 5,000 5,000 5,000 5,000 5,000 30,000

Graduation - - - - 10,500 - - 10,500

900 Other Purchases 1,500 1,500 1,500 1,500 1,750 1,500 1,000 10,250

Total Other 91,200 159,060 101,760 64,578 100,975 205,790 7,000 730,363

Facilities Cactus Pebble Saddle RR Elm RR MH Fire Mesa ED Office Doral

622 Public Utilities 59,000 60,000 80,000 63,500 100,000 66,000 428,500

621 Natural Gas - -

411 Water / Sewer 35,000 32,500 35,000 30,000 34,000 53,000 219,500

422 Garbage/Disposal 20,000 13,500 15,000 28,000 15,000 22,000 113,500

490 Fire and Security alarms 6,500 7,000 6,000 5,500 8,000 17,000 50,000

422 Contracted Janitorial Services 81,950 77,351 85,719 78,979 134,264 77,576 535,839

610 Custodial Supplies 20,000 20 20,000 20 20,000 20 15,800 20 24,860 20 20,000 20 120,660

430/431 Facility Maintenance/Repairs/Capital Outlay 48,500 41,500 57,500 40,000 45,500 45,000 278,000

420 Lawn Care 9,000 750 7,200 600 15,600 1300 7,200 600 7,200 600 8,400 700 54,600

431 AC Maintenance & Repair 6,600 550 9,600 800 14,200 600 6,000 500 11,300 650 7,380 615 55,080

Total Facilitiy 286,550 268,651 329,019 274,979 380,124 316,356 1,855,679

Total Expenses Before Bldg 6,142,440 6,186,083 6,308,710 5,147,298 7,601,531 6,456,389 722,834 38,565,285

Scheduled Lease Payment 960,000 960,000

Scheduled Bond Payment 821,991 821,991 1,643,982

Scheduled Bond Payment 823,890 1,267,524 1,045,707 3,137,121

Assessments/HOA/SID 39,819 62,281 102,100

Surplus (Revenues-Total Expenses-Lease-Bond) 468,819 317,094 319,375 4,325 296,978 99,939 (722,834) 783,698

6.37% 4.33% 4.34% 0.07% 3.24% 1.35% 1.76%

Cactus Pebble Saddle RR Elm RR MH Fire Mesa ED Office Doral

141


Support Summary

Meeting Date: May 6, 2020 Agenda Item: 14 – Review and Approval of the Payroll Protection Program Loan Number of Enclosures: 1

SUBJECT: Approval of Payroll Protection Program Loan X Action Appointments Approval Consent Agenda Information Public Hearing Regular Adoption

Presenter (s): Trevor Goodsell Recommendation: Proposed wording for motion/action: Move to approve the Payroll Protection Program loan, as presented Fiscal Impact: N/A Estimated Length of time for consideration (in minutes): 5-7 Minutes Background: Submitted By: Staff

142

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148

Consent and Authorization Page 1

BORROWER CONSENT AND AUTHORIZATION

This Borrower Consent and Authorization (this “Consent”) is executed in favor of WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION dba WAFD BANK, its successors, participants, and assigns (“Lender”), by the undersigned representative of Doral Academy of Nevada (the “Company”). To induce Lender to make the loan described below to the Company, and knowing and intending that Lender is relying on this Consent in agreeing to make such loan, the undersigned hereby agrees, represents, warrants, and certifies to Lender as follows:

1. The Company is duly organized, validly existing, and in good standing under the laws of the state in which it was organized, and is duly authorized and has obtained all necessary authorizations to transact and conduct business in each jurisdiction where the Company is doing business.

2. The entity documents that were provided to Lender in connection with the underwriting of the loan described below, accurately reflect the ownership and management of the Company and have not been amended or revoked, by oral agreement or otherwise. No authority granted to any director, officer, manager, managing member, member, or general partner identified as the Authorized Representative below has in any way been limited, modified, or revoked.

3. The Company hereby adopts the following resolutions:

WHEREAS, the undersigned and any other appropriate directors, officers, managers, managing members, members, or general partners of the Company are fully familiar with the terms of a loan the Company intends to obtain from Lender in the amount of U.S. $4,613,094.32 under the Paycheck Protection Program as established by the CARES Act, Public Law 116-136, (the “Loan”);

WHEREAS, the undersigned and any other appropriate directors, officers, managers, managing members, members, or general partners of the Company have reviewed all of the documents evidencing or otherwise governing the Loan (the “Loan Documents”); and

WHEREAS, the Company deems it advisable and in the best interest of the Company to obtain the Loan from Lender;

NOW, THEREFORE, IT IS:

RESOLVED, that the Company is authorized to obtain the Loan from Lender and execute all of the Loan Documents, as such documents may be amended from time to time.

RESOLVED, that _________________________, as the “Authorized Representative” of the Company for the purpose of the Loan (the “Authorized Representative”) is authorized, empowered, and directed to execute and deliver all of the Loan Documents and to take all other actions, make all decisions, execute all documents, and otherwise represent the Company in connection with any transactions or agreements with Lender of any kind whatsoever, including, without limitation, performance, and administration of the Loan. Lender may rely on the signature, representation, or other action of the Authorized Representative without the need to obtain any further consents or approvals from any other officers, directors, partners, members, managers, agents, or other representatives of the Company.

DocuSign Envelope ID: 754B3FA7-9F11-46F0-A898-DBA5E39A0899

Trevor Goodsell

149

Consent and Authorization Page 2 ND: 15419.859 4813-1796-3706v1

RESOLVED, that all prior acts of the Authorized Representative and any other officers, directors, partners, members, managing members, managers, agents, or other representatives of the Company with respect to the Loan are hereby ratified and approved.

RESOLVED, that these resolutions shall remain in effect and may be relied upon by Lender until written notice of their revocation is received by Lender from the requisite parties under the agreements governing the Company.

4. The foregoing resolutions now stand of record on the books of the Company, are in full force and effect, and have not been modified or revoked in any manner whatsoever.

5. This Consent is in addition to and shall not limit the pre-existing authority of the Authorized Representative or any other officers, directors, partners, member, manager, agent, or other representative of the Company to take any action with respect to the Loan.

[Remainder of Page Intentionally Left Blank; Signatures Appear on Following Page]


150

Consent and Authorization Page 3

I, ____________________, in the capacity set forth in the signature block below, of the Company, do hereby certify and declare that the foregoing is a full, true and correct copy of the consent and authorization duly passed and adopted by said Company; that said consent and authorization is now in full force and effect; that such consent and authorization is in conformity with the provisions of the organizational documents governing the Company; and that no approval by the shareholders, directors, officers, managers, members, or partners of the Company is required with respect to the matters which are the subject of the foregoing consent and authorization.

Dated: X __________________________________ Name: ____________________________ Its _________________ of Doral Academy of Nevada


4/29/2020

Trevor Goodsell

Trevor Goodsell

Operating CFO

151

Paycheck Protection Program OMB Control No.: 3245-0407

Borrower Application Form Expiration Date: 09/03/2020

1 SBA Form 2483 (04/20)

Check One: Corporation DBA or Tradename if Applicable

Doral Acadey of Nevada

Business Legal Name


Business Address Business TIN (EIN, SSN) Business Phone

6630 Surrey St Las Vegas, NV, 89119-3928

461907920 7024316260

Primary Contact Email Address

[email protected]

Average Monthly

Payroll:

$1845238 x 2.5 + EIDL, Net of

Advance (if

Applicable) Equals

Loan Request:

$4,613,094.32 Number of

Employees:

469

Purpose of loan

(select more than

one):

Payroll;Lease / Mortgage

Applicant Ownership

List all owners of 20% or more of the equity of the Applicant. Attach a separate sheet if necessary.

Owner Name Title Ownership % TIN (EIN, SSN) Address

Trevor Goodsell Owner 0.000% 499909196 1123 Lake Berryessa

Henderson, NV 89002

If questions (1) or (2) below are answered “Yes,” the loan will not be approved.

Question Response

1. Is the Applicant or any owner of the Applicant presently suspended, debarred, proposed for debarment,

declared ineligible, voluntarily excluded from participation in this transaction by any Federal department or

agency, or presently involved in any bankruptcy?

No

2. Has the Applicant, any owner of the Applicant, or any business owned or controlled by any of them,

ever obtained a direct or guaranteed loan from SBA or any other Federal agency that is currently

delinquent or has defaulted in the last 7 years and caused a loss to the government?

No

3. Is the Applicant or any owner of the Applicant an owner of any other business, or have common management with, any other business? If yes, list all such businesses and describe the relationship on a separate sheet identified as addendum A.

No

4. Has the Applicant received an SBA Economic Injury Disaster Loan between January 31, 2020 and

April 3, 2020? If yes, provide details on a separate sheet identified as addendum B.

No

If questions (5) or (6) are answered “Yes,” the loan will not be approved.

Question Response

5. Is the Applicant (if an individual) or any individual owning 20% or more of the equity of the Applicant

subject to an indictment, criminal information, arraignment, or other means by which formal criminal

charges are brought in any jurisdiction, or presently incarcerated, or on probation or parole?

No

Initial here to confirm your response to question 5 → __________

6. Within the last 5 years, for any felony, has the Applicant (if an individual) or any owner of the Applicant 1) been convicted; 2) pleaded guilty; 3) pleaded nolo contendere; 4) been placed on pretrial diversion; or 5) been placed on any form of parole or probation (including probation before judgment)?

No


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2 SBA Form 2483 (04/20)

Initial here to confirm your response to question 6 → __________

7. Is the United States the principal place of residence for all employees of the Applicant included in the

Applicant’s payroll calculation above?

Yes

8. Is the Applicant a franchise that is listed in the SBA’s Franchise Directory? No

By Signing Below, You Make the Following Representations, Authorizations, and Certifications

CERTIFICATIONS AND AUTHORIZATIONS

I certify that:

• I have read the statements included in this form, including the Statements Required by Law and Executive Orders, and I

understand them.

• The Applicant is eligible to receive a loan under the rules in effect at the time this application is submitted that have been issued by the Small Business Administration (SBA) implementing the Paycheck Protection Program under Division A, Title I of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) (the Paycheck Protection Program Rule).

• The Applicant (1) is an independent contractor, eligible self-employed individual, or sole proprietor or (2) employs no more than the greater of 500 or employees or, if applicable, the size standard in number of employees established by the SBA in 13 C.F.R. 121.201 for the Applicant’s industry.

• I will comply, whenever applicable, with the civil rights and other limitations in this form.

• All SBA loan proceeds will be used only for business-related purposes as specified in the loan application and consistent with

the Paycheck Protection Program Rule.

• To the extent feasible, I will purchase only American-made equipment and products.

• The Applicant is not engaged in any activity that is illegal under federal, state or local law.

• Any loan received by the Applicant under Section 7(b)(2) of the Small Business Act between January 31, 2020 and April 3,

2020 was for a purpose other than paying payroll costs and other allowable uses loans under the Paycheck Protection Program

Rule.

For Applicants who are individuals: I authorize the SBA to request criminal record information about me from criminal justice agencies for the

purpose of determining my eligibility for programs authorized by the Small Business Act, as amended.

CERTIFICATIONS

The authorized representative of the Applicant must certify in good faith to all of the below by initialing next to each one:

Yes

_____

The Applicant was in operation on February 15, 2020 and had employees for whom it paid salaries and payroll taxes or paid independent

contractors, as reported on Form(s) 1099-MISC.

Yes

_____

Current economic uncertainty makes this loan request necessary to support the ongoing operations of the Applicant.

Yes

_____

The funds will be used to retain workers and maintain payroll or make mortgage interest payments, lease payments, and utility payments,

as specified under the Paycheck Protection Program Rule; I understand that if the funds are knowingly used for unauthorized purposes,

the federal government may hold me legally liable, such as for charges of fraud.

Yes

_____

The Applicant will provide to the Lender documentation verifying the number of full-time equivalent employees on the Applicant’s

payroll as well as the dollar amounts of payroll costs, covered mortgage interest payments, covered rent payments, and covered utilities

for the eight-week period following this loan.

Yes

_____

I understand that loan forgiveness will be provided for the sum of documented payroll costs, covered mortgage interest payments, covered

rent payments, and covered utilities, and not more than 25% of the forgiven amount may be for non-payroll costs.

Yes

_____

During the period beginning on February 15, 2020 and ending on December 31, 2020, the Applicant has not and will not receive another

loan under the Paycheck Protection Program.


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3 SBA Form 2483 (04/20)

Yes

_____

I further certify that the information provided in this application and the information provided in all supporting documents and forms

is true and accurate in all material respects. I understand that knowingly making a false statement to obtain a guaranteed loan from

SBA is punishable under the law, including under 18 USC 1001 and 3571 by imprisonment of not more than five years and/or a fine

of up to $250,000; under 15 USC 645 by imprisonment of not more than two years and/or a fine of not more than $5,000; and, if

submitted to a federally insured institution, under 18 USC 1014 by imprisonment of not more than thirty years and/or a fine of not

more than $1,000,000.

Yes

_____

I acknowledge that the lender will confirm the eligible loan amount using required documents submitted. I understand, acknowledge

and agree that the Lender can share any tax information that I have provided with SBA's authorized representatives, including

authorized representatives of the SBA Office of Inspector General, for the purpose of compliance with SBA Loan Program

Requirements and all SBA reviews.

__________________________________________________________ ________________________

Signature of Authorized Representative of Applicant Date

Print Name Title

Purpose of this form:

This form is to be completed by the authorized representative of the Applicant and submitted to your SBA Participating Lender.

Submission of the requested information is required to make a determination regarding eligibility for financial assistance. Failure to

submit the information would affect that determination.

Instructions for completing this form:

With respect to “purpose of the loan,” payroll costs consist of compensation to employees (whose principal place of residence is the

United States) in the form of salary, wages, commissions, or similar compensation; cash tips or the equivalent (based on employer

records of past tips or, in the absence of such records, a reasonable, good-faith employer estimate of such tips); payment for vacation,

parental, family, medical, or sick leave; allowance for separation or dismissal; payment for the provision of employee benefits consisting

of group health care coverage, including insurance premiums, and retirement; payment of state and local taxes assessed on compensation

of employees; and for an independent contractor or sole proprietor, wage, commissions, income, or net earnings from self-employment

or similar compensation.

For purposes of calculating “Average Monthly Payroll,” most Applicants will use the average monthly payroll for 2019, excluding costs

over $100,000 on an annualized basis for each employee. For seasonal businesses, the Applicant may elect to instead use average

monthly payroll for the time period between February 15, 2019 and June 30, 2019, excluding costs over $100,000 on an annualized basis

for each employee. For new businesses, average monthly payroll may be calculated using the time period from January 1, 2020 to

February 29, 2020, excluding costs over $100,000 on an annualized basis for each employee.

If Applicant is refinancing an Economic Injury Disaster Loan (EIDL): Add the outstanding amount of an EIDL made between January

31, 2020 and April 3, 2020, less the amount of any “advance” under an EIDL COVID-19 loan, to Loan Request as indicated on the

form.

All parties listed below are considered owners of the Applicant as defined in 13 CFR § 120.10, as well as “principals”:

• For a sole proprietorship, the sole proprietor;

• For a partnership, all general partners, and all limited partners owning 20% or more of the equity of the firm;

• For a corporation, all owners of 20% or more of the corporation;

• For limited liability companies, all members owning 20% or more of the company; and

• Any Trustor (if the Applicant is owned by a trust). Paperwork Reduction Act – You are not required to respond to this

collection of information unless it displays a currently valid OMB


Trevor Goodsell

4/29/2020

Operating CFO

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4 SBA Form 2483 (04/20)

Control Number. The estimated time for completing this application, including gathering data needed, is 8 minutes. Comments about

this time or the information requested should be sent to : Small Business Administration, Director, Records Management Division, 409

3rd St., SW,

Washington DC 20416., and/or SBA Desk Officer, Office of Management and Budget, New Executive Office Building, Washington

DC 20503. Privacy Act (5 U.S.C. 552a) – Under the provisions of the Privacy Act, you are not required to provide your social security

number. Failure to provide your social security number may not affect any right, benefit or privilege to which you are entitled. (But see

Debt Collection Notice regarding taxpayer identification number below.) Disclosures of name and other personal identifiers are

required to provide SBA with sufficient information to make a character determination. When evaluating character, SBA considers the

person’s integrity, candor, and disposition toward criminal actions. Additionally, SBA is specifically authorized to verify your criminal

history, or lack thereof, pursuant to section 7(a)(1)(B), 15 USC Section 636(a)(1)(B) of the Small Business Act (the Act).

Disclosure of Information – Requests for information about another party may be denied unless SBA has the written permission of the

individual to release the information to the requestor or unless the information is subject to disclosure under the Freedom of

Information Act. The Privacy Act authorizes SBA to make certain “routine uses” of information protected by that Act. One such routine

use is the disclosure of information maintained in SBA’s system of records when this information indicates a violation or potential

violation of law, whether civil, criminal, or administrative in nature. Specifically, SBA may refer the information to the appropriate

agency, whether Federal, State, local or foreign, charged with responsibility for, or otherwise involved in investigation, prosecution,

enforcement or prevention of such violations. Another routine use is disclosure to other Federal agencies conducting background

checks but only to the extent the information is relevant to the requesting agencies' function. See, 74 F.R. 14890 (2009), and as

amended from time to time for additional background and other routine uses. In addition, the CARES Act, requires SBA to register

every loan made under the Paycheck Protection Act using the Taxpayer Identification Number (TIN) assigned to the borrower.

Debt Collection Act of 1982, Deficit Reduction Act of 1984 (31 U.S.C. 3701 et seq. and other titles) – SBA must obtain your

taxpayer identification number when you apply for a loan. If you receive a loan, and do not make payments as they come due, SBA

may: (1) report the status of your loan(s) to credit bureaus, (2) hire a collection agency to collect your loan, (3) offset your income tax

refund or other amounts due to you from the Federal Government, (4) suspend or debar you or your company from doing business

with the Federal Government, (5) refer your loan to the Department of Justice, or (6) foreclose on collateral or take other action

permitted in the loan instruments. Right to

Financial Privacy Act of 1978 (12 U.S.C. 3401) – The Right to Financial Privacy Act of 1978, grants SBA access rights to financial

records held by financial institutions that are or have been doing business with you or your business including any financial

institutions participating in a loan or loan guaranty. SBA is only required provide a certificate of its compliance with the Act to a

financial institution in connection with its first request for access to your financial records. SBA's access rights continue for the term

of any approved loan guaranty agreement. SBA is also authorized to transfer to another Government authority any financial records

concerning an approved loan or loan guarantee, as necessary to process, service or foreclose on a loan guaranty or collect on a

defaulted loan guaranty.

Freedom of Information Act (5 U.S.C. 552) – Subject to certain exceptions, SBA must supply information reflected in agency files

and records to a person requesting it. Information about approved loans that will be automatically released includes, among other

things, statistics on our loan programs (individual borrowers are not identified in the statistics) and other information such as the names

of the borrowers (and their officers, directors, stockholders or partners), the collateral pledged to secure the loan, the amount of the

loan, its purpose in general terms and the maturity. Proprietary data on a borrower would not routinely be made available to third

parties. All requests under this Act are to be addressed to the nearest SBA office and be identified as a Freedom of Information request.

Occupational Safety and Health Act (15 U.S.C. 651 et seq.) – The Occupational Safety and Health Administration (OSHA) can

require businesses to modify facilities and procedures to protect employees. Businesses that do not comply may be fined, forced to

cease operations, or prevented from starting operations. Signing this form is certification that the applicant, to the best of its knowledge,

is in compliance with the applicable OSHA requirements, and will remain in compliance during the life of the loan.

Civil Rights (13 C.F.R. 112, 113, 117) – All businesses receiving SBA financial assistance must agree not to discriminate in any

business practice, including employment practices and services to the public on the basis of categories cited in 13 C.F.R., Parts 112,

113, and 117 of SBA Regulations. All borrowers must display the "Equal Employment Opportunity Poster" prescribed by SBA.

Equal Credit Opportunity Act (15 U.S.C. 1691) – Creditors are prohibited from discriminating against credit applicants on the basis

of race, color, religion, national origin, sex, marital status or age (provided the applicant has the capacity to enter into a binding

contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good

faith exercised any right under the Consumer Credit Protection Act.

Debarment and Suspension Executive Order 12549; (2 CFR Part 180 and Part 2700) – By submitting this loan application, you

certify that neither the Applicant or any owner of the Applicant have within the past three years been: (a) debarred, suspended, declared

ineligible or voluntarily excluded from participation in a transaction by any Federal Agency; (b) formally proposed for debarment, with

a final determination still pending; (c) indicted, convicted, or had a civil judgment rendered against you for any of the offenses listed in

the regulations or (d) delinquent on any amounts owed to the U.S. Government or its instrumentalities as of the date of execution of this

certification.


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5 SBA Form 2483 (04/20)

SBA Form 2483 – Addendum A – Complete if Applicable

Affiliate Business Legal Name:

State of Organization:

Affiliate Business Address: (Street, City, Zip)

NAICS Code:

Affiliate Business # of employees:




NAICS Code:





NAICS Code:





NAICS Code:



156

Updated 4.15.20 © 2020 WaFd Bank. All rights reserved.

SBA PPP DocuSign Disbursement Type

SBA Loan#: 63403372-10

Client Name: Doral Academy of Nevada

Loan Amount: $4,613,094.32

Internal Deposit Account Number:

Cashier’s Check Client will pick up at nearest branch location. Client to be called when check is ready.

4/29/2020

Signature of Authorized Representative of Applicant Date

Authorized Representative

Print Name Title

This form is to be completed by the authorized representative of the Applicant and submitted to your

SBA Participating Lender.


WaFd Bank Account Number

Trevor Goodsell

X

157

Paycheck Protection Program Note Page 1 of 7

PAYCHECK PROTECTION PROGRAM

NOTE

Borrower’s Tax ID # (EIN/SSN) 461907920

Loan Date 4/29/2020

Loan Amount $4,613,094.32 (USD)

Interest Rate 1.00%

Borrower

(Name/Address/City/ST/ZIP)

Doral Academy of Nevada 6630 Surrey St Las Vegas, NV 89119-3928

1. PROMISE TO PAY:

In return for the Loan, Borrower promises to pay to the order of Lender the amount of $4,613,094.32 Dollars, or so much thereof as may be advanced under this Note, in lawful money of the United States of America, together with interest on the unpaid principal balance at the rate specified above and as calculated as described herein, and all other amounts required to be paid under this Note.

2. DEFINITIONS: “Borrower” means the individual or entity identified above and includes all co-signers, co-makers and each of their respective successors

and assigns. “Disbursement Date” means the date of the first disbursement of proceeds of the Loan, which shall be established by Lender’s records. “Lender” means Washington Federal Bank, N.A. dba WaFd Bank and its successors and assigns. “Loan” means the loan evidenced by this Note. “Loan Documents” means the documents evidencing or governing this Loan signed by Borrower. “SBA” means the Small Business Administration, an Agency of the United States of America. “CARES Act” means the federal Coronavirus Aid, Relief, and Economic Security Act (Public Law 116-136). “Paycheck Protection Program” means the Paycheck Protection Program established by Division A, Title I, Section 1102 of the CARES Act and its implementing regulations, interim rules, final rules, authorizations, and written guidance issued by the SBA in effect as of the date hereof or subsequently adopted. “Paycheck Protection Program Application” means the Borrower’s Paycheck Protection Program Application Form and the supporting documents and materials related to the Loan.

3. PAYMENT TERMS: Borrower must make all payments on this Note at the place Lender designates. The payment terms for this Note are: A. The term of this Loan shall be two (2) years from the Disbursement Date. Accordingly, this Loan shall mature on the date exactly

two (2) years after the Disbursement Date (“Maturity Date”), unless the term of the Loan is accelerated as a result of a Default (as defined below) under the Loan Documents.

B. Principal and interest payments on the Loan shall be payable monthly; provided, however, the first six (6) monthly payments of principal and interest due and owing will be deferred (but not waived).

C. Lender will apply each monthly installment payment first to pay interest accrued to the day Lender received the payment, then to bring principal current based on the amortization schedule, and any remaining balance will be applied to reduce the outstanding principal balance of this Note. Funds shall be deemed received by Lender on the next business day if not received by 1:00 p.m. local time at the location where payments hereunder are to be made.

D. Interest will accrue from the Disbursement Date (including during the monthly payment deferral period) at the Interest Rate set forth above. Interest on this Note is computed on a 365/360 basis; that is, by applying the ratio of the interest rate over a year of 360 days, multiplied by the outstanding principal balance, multiplied by the actual number of days the principal balance is outstanding. All interest payable under the Note is computed using this method.

E. Payments will be required beginning in the seventh month after the Disbursement Date and all subsequent payments shall be due on the same day of each month after that. Monthly payments will be an amount equal to the amount necessary to fully amortize the then-outstanding principal balance of the Loan (i.e., any portion of the Loan Amount that has not been forgiven under the Paycheck Protection Program administered by the SBA) at the Interest Rate specified above by the Maturity Date, with the entire outstanding principal balance and all accrued but unpaid interest due and payable in full on the Maturity Date.


158


F. There are no prepayment premiums or penalties for the Loan. However, early payments will not, unless agreed to by Lender in writing, relieve Borrower of Borrower’s obligation to continue to make payments under the payment schedule. Rather, early payments will reduce the principal balance and may result in Borrower making fewer payments. Borrower agrees not to send Lender payments marked “paid in full”, “without recourse”, or similar language. If Borrower sends such payment, Lender may accept it without losing any of Lender’s rights under this Note and Borrower will remain obligated to pay any further amount owed to Lender. All written communications concerning disputed amounts, including any check or other payment instrument that indicates that the payment constitutes “payment in full” of the amount owed or that is tendered with other conditions or limitations or as full satisfaction of a disputed amount must be mailed or delivered to: WaFd Bank, 425 Pike Street, Seattle, WA 98101.

G. If a payment is 10 days or more late Borrower will be charged 5.00% of the regularly scheduled payment or $25.00, whichever is greater.

H. The proceeds of the Loan shall be used only for the following purposes associated with Borrower’s business operations:

(i) payroll costs (as defined in the CARES Act and in the implementing rules, regulations, and guidance for the Paycheck Protection Program);

(ii) costs related to the continuation of group health care benefits during periods of paid sick, medical, or family leave, and insurance premiums;

(iii) mortgage interest payments (but not mortgage prepayments or principal payments);

(iv) rent payments;

(v) utility payments;

(vi) interest payments on any other debt obligations that were incurred by Borrower before February 15, 2020;

(vii) refinancing an SBA Economic Injury Disaster Loan (EIDL) made to Borrower between January 31, 2020 and April 3, 2020, under the conditions as specified in Section 2.r.vii of the SBA Interim Final Rule dated April 2, 2020.

(viii) owner compensation replacement (as defined in the Paycheck Protection Program); and/or (ix) any other items expressly allowed for under the Paycheck Protection Program.

Notwithstanding the foregoing, at least seventy-five percent (75%) of the proceeds of the Loan must be used for Borrower’s payroll costs in accordance with subsection H(i) above and as required by the Paycheck Protection Program.

I. Advances under this Note are non-revolving and are not available to be re-advanced if repaid by Borrower.

4. DEFAULT: Borrower is in default under this Note (each occurrence, a “Default”) if Borrower does not make a payment when due under this Note, or if Borrower:

A. Fails to do anything required by this Note or other Loan Documents, or the Paycheck Protection Program;

B. Defaults on any other loan with Lender;

C. Does not disclose, or anyone acting on their behalf does not disclose, any material fact to Lender, any other holder of this Note, or SBA;

D. Makes, or anyone acting on their behalf makes, a materially false or misleading representation to Lender, any other holder of this Note, or SBA, including, without limitation, any representation, certification, warranty, or statement made in or pursuant to this Note, the Borrower’s Paycheck Protection Program Application, or any other Loan Document, or any other material information furnished by Borrower to Lender, any other holder of this Note, or the SBA, is determined by Lender, such holder, or the SBA to have been false or misleading in any material respect at the time made or thereafter;

E. Fails to pay any taxes when due;

F. Becomes the subject of a proceeding under any bankruptcy or insolvency law;

G. Has a receiver or liquidator appointed for any part of their business or property;

H. Makes an assignment for the benefit of creditors;

I. Has any adverse change in financial condition or business operation that Lender, any other holder of this Note, or the SBA believes may materially affect Borrower’s ability to pay this Note;

J. Reorganizes, merges, consolidates, or otherwise changes ownership or business structure without Lender’s prior written consent;

K. Becomes the subject of a civil or criminal action that Lender believes may materially affect Borrower’s ability to pay this Note; L. Is deemed ineligible for the Paycheck Protection Program by Lender or the SBA; or M. Dies, dissolves or terminates its existence as a going business;

5. LENDER’S RIGHTS IF THERE IS A DEFAULT:


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Without notice or demand and without giving up any of its rights, Lender or any other holder of this Note, including, without limitation, the SBA, may:

A. Terminate any commitment to make any further advances under the Loan;

B. Require immediate payment of all amounts owing under this Note;

C. Collect all amounts owing from any Borrower under this Note or any other Loan Documents, including any costs and expenses related to a Default and collection, including, without limitation, reasonable attorney’s fees and costs;

D. File suit and obtain judgment; or

E. Pursue any other remedies available at law or in equity.

All Lender’s rights and remedies, whether evidenced by this Note or by any other agreement, instrument or document shall be cumulative and may be exercised singularly or concurrently.

6. LENDER’S GENERAL POWERS: Without notice and without Borrower’s consent, Lender or any other holder of this Note may:

A. Incur expenses to collect amounts due under this Note or any other Loan Document or enforce the terms of this Note or any other Loan Document, including reasonable attorneys’ fees and costs. If Lender incurs such expenses, it may demand immediate payment from Borrower or add the expenses to the principal balance; and

B. Release anyone obligated to pay this Note.

C. Assign the Loan Documents in whole or in part. This Note shall be binding upon Borrower and upon Borrower’s respective heirs, successors, assigns and legal representatives, and shall inure to the benefit of Lender and its successors, endorsees and assigns; provided, however, Borrower may not assign its rights or obligations under this Note.

7. WHEN FEDERAL LAW APPLIES: When SBA is the holder, this Note will be interpreted and enforced under federal law, including SBA regulations. As to this Note, Borrower may not claim or assert against SBA any local or state law to deny any obligation, defeat any claim of SBA, or preempt federal law. Lender, any other holder of this Note, or SBA may use state or local procedures for filing papers, recording documents, giving notice, and other purposes. By using such procedures, SBA does not waive any federal immunity from state or local control, penalty, tax, or liability.

8. GENERAL PROVISIONS:

A. All individuals and entities signing this Note as a Borrower are jointly and severally liable.

B. Borrower waives all suretyship defenses.

C. As a condition of the closing of this Loan and the making of any advance hereunder, Borrower must sign all documents, applications, certifications, or affidavits necessary at any time to comply with the Loan Documents or otherwise reasonably requested by Lender, any other holder of this Note, or SBA.

D. Lender may exercise any of its rights separately or together, as many times and in any order it chooses. Lender may delay or forgo enforcing any of its rights without giving up any of them.

E. Borrower may not use an oral statement of Lender, any other holder of this Note, or SBA to contradict or alter the written terms of this Note.

F. If any part of this Note is unenforceable it shall be deemed severed from the remainder of this Note and all other parts of this Note will remain in full force and effect.

G. To the extent allowed by law, Borrower waives all demands and notices in connection with this Note, including presentment, demand, protest, and notice of dishonor.

H. In the event of a conflict between the terms of the Note, on the one hand, and the Paycheck Protection Program and SBA Loan guaranty executed in connection herewith, on the other, the terms of the Paycheck Protection Program and SBA Loan guaranty shall control. Borrower agrees that: (a) this Note shall be interpreted and construed consistent with the Paycheck Protection Program now in effect or hereafter promulgated; (b) the parties to this Note agree that it shall be deemed amended in all respects so that it complies with the Paycheck Protection Program requirements; and (c) at Lender’s request, Borrower shall execute any and all new and revised documents (including a new Note) necessary to comply with the Paycheck Protection Program requirements as determined by Lender or the SBA.

I. If Borrower defaults on the Loan, SBA may be required to pay Lender under the SBA guarantee. SBA may then seek recovery of such funds from Borrower. Payments by SBA to Lender under SBA’s guarantee will not apply to the Loan account of Borrower, or diminish the indebtedness of Borrower under the Note; provided that any payments by SBA on account of debt forgiveness of Borrower under the terms of the Paycheck Protection Program will be applied to the Borrower’s Loan account.


160


9. LOAN FORGIVENESS: Lender makes no representations, warranties, or promises whatsoever to Borrower with respect to Borrower’s eligibility for any Loan

forgiveness under the Paycheck Protection Program or the amount of any such forgiveness provided thereunder. Borrower understands that its qualification for Loan forgiveness under the Paycheck Protection Program is dependent upon, among other factors, Borrower’s use of the Loan proceeds in accordance with the Paycheck Protection Program and the submission of proper supporting documentation as required by Lender, the SBA, or otherwise deemed necessary under the Paycheck Protection Program and/or the CARES Act. Borrower agrees to cooperate fully with Lender with respect to any request in connection with potential Loan forgiveness by SBA and/or the administration of the Loan and Paycheck Protection Program.

10. CONDITIONS OF CLOSING. The obligation of Lender to close the Loan evidenced by this Note and to disburse the proceeds hereof shall be subject to satisfaction of the following conditions, unless waived in writing by Lender and in its sole and absolute discretion:

A. Lender shall have received this Note and the Paycheck Protection Program Application with all blanks appropriately completed,

executed and delivered by Borrower. B. All legal matters and Loan Documents including, without limitation, this Note, incident to the transactions contemplated hereby

shall be reasonably satisfactory, in form and substance, to Lender. C. Lender shall have received (i) certificates by an authorized officer or representative of Borrower upon which Lender may

conclusively rely certifying that (a) all requisite action taken in connection with the transactions contemplated hereby has been duly authorized, and (b) the names, signatures, and authority of Borrower’s authorized signers executing the Loan Documents, and (ii) such other documents as Lender may require to be executed by, or delivered on behalf of, Borrower.

D. Lender shall have received any and all financial statements or other information regarding Borrower and its operations reasonably requested by Lender, including, without limitation, payroll tax filings, cancelled checks, and other payment documentation, and any additional information SBA may require, all in form and substance acceptable to Lender, in its reasonable discretion.

E. SBA shall have fully-approved and authorized the Loan under its Paycheck Protection Program.

11. BORROWER’S REPRESENTATIONS AND WARRANTIES. Borrower represents and warrants to Lender, any other holder of this Note, and SBA (which representations and warranties will survive the delivery of the Loan Documents and the making of the Loan), as of the date of the Loan Documents and at all times any obligations remain outstanding thereunder that:

A. Due Execution and Delivery. Each of the Loan Documents has been duly executed and delivered by the applicable party or parties

and has been authorized by all required action under the documents governing Borrower, and Borrower has obtained all requisite consents to the transactions contemplated thereby under any instrument to which Borrower is a party, and the Loan Documents constitute the legal, valid, and binding obligations of Borrower, in accordance with their respective terms, except as the enforceability thereof may be limited by applicable bankruptcy, insolvency, or other similar Laws affecting creditors’ rights generally. Neither the execution and delivery of this Note and the other Loan Documents, nor transactions contemplated thereby, will conflict with or result in a breach of any of the terms, conditions or provisions of any agreement or instrument or law, regulation, rule or order of any governmental body or agency to which Borrower is now a party or is subject, or imposition of a lien, charge or encumbrance of any nature whatsoever upon any of the property or assets of Borrower pursuant to the terms of any such agreement or instrument.

B. Government Authorization. No consent, approval, authorization or order of any court or governmental agency or body is required for the consummation by Borrower of the transactions contemplated by the Loan Documents.

C. Taxes. Borrower has filed all tax returns which are to be filed and has paid, or has made adequate provision for the payment of, all taxes which have or may become due pursuant to said returns or to assessments received by them.

D. Litigation. Prior to the date hereof, there are no actions, suits or proceedings pending, or to the knowledge of Borrower, threatened against or affecting Borrower or his respective property in any court, or before or by any federal, state or municipal or other governmental department, commission, board, bureau, agency or other instrumentality, domestic or foreign, except for actions, suits or proceedings of a character normally incident to the kind of business conducted by Borrower, none of which, either individually or in the aggregate, if adversely determined, would reasonably be expected to result in a material adverse change of the financial condition of Borrower.

E. Solvency. Borrower is not insolvent as defined in any applicable state or federal statute, nor will Borrower be rendered insolvent by the execution and delivery of this Note or any of the Loan Documents to Lender. Borrower is not engaged or about to engage in any business or transaction for which the assets retained by it shall constitute an unreasonably small capital, taking into consideration the obligations to Lender incurred hereunder. Borrower does not intend to, nor does it believe that it will, incur debts beyond its ability to pay them as they mature.

F. Compliance with Laws. Borrower is and will be in compliance with all requirements of applicable federal, state, foreign, provincial and local environmental, health and safety laws, regulations, ordinances or rules during the term of the Loan.

G. OFAC/USA Patriot Act Restrictions. Borrower is not (and will not be) a person with whom Lender is restricted from doing business under regulations of the Office of Foreign Asset Control of the Department of the Treasury of the United States of America or under any list of known or suspected terrorists or terrorist organizations issued by any federal government agency and designated as such by Treasury in consultation with the federal functional regulators, or under any statute, executive order, or other governmental action, and Borrower is not engaging, and will not engage, in any dealings or transactions or shall otherwise be associated with such


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persons. In addition, Borrower hereby agrees to provide to Lender with any additional information that Lender deems necessary from to time in order to ensure compliance with all applicable laws concerning money laundering and similar activities.

H. Documentation Requests. Borrower shall keep books and records in a manner satisfactory to Lender and as required by the SBA. Borrower shall provide, upon the request of Lender, any other holder of this Note, or the SBA, as applicable, financial statements, payroll tax filings and documentation, cancelled checks, mortgage interest amounts, utility or rent payment amounts, other payment documentation, and any additional information or documentation SBA or Lender may require, and shall permit Lender and the SBA to inspect and audit books, records and papers relating to Borrower’s financial or business condition and the use of Loan proceeds.

I. Not Engaged in Illegal Activity. Borrower is not engaged, and will not engage, in activity that is illegal under federal, state or local law, including, without limitation, the cannabis industry.

J. Other SBA Financing. Borrower is not in default or otherwise delinquent in its obligations under any other loan from, with, or guaranteed by the SBA. Borrower has not applied for or received any other loan or financing under the Paycheck Protection Program.

K. Business. Borrower shall cause to be done all things necessary to preserve and keep in full force and effect its existence and rights, to conduct its business in a prudent manner, to maintain in full force and effect, and renew from time to time, its franchises, permits, licenses, patents, and trademarks that are necessary to operate its business. Borrower will comply in all material respects with all valid laws and regulations now in effect or hereafter promulgated by any properly constituted governmental authority having jurisdiction. Borrower will not, without Lender’s consent, change its ownership structure, make any distribution of company assets that would adversely affect its financial condition, or transfer (including pledging) or dispose of any assets, except in the ordinary course of business.

L. Eligibility. Borrower is eligible to receive the Loan under the Paycheck Protection Program. The Borrower’s Paycheck Protection Program Loan Application form has been completed in accordance with the Paycheck Protection Program rules, regulations, and guidance and accurately represents all information contained therein, including, without limitation, employment, payroll and other expenses of the Borrower as of the date hereof. Borrower has provided to Lender complete and accurate documentation verifying the number of full-time equivalent employees employed by Borrower as well as dollar amounts of Borrower’s payroll costs, mortgage interest payments, rent payments, and utilities payments, in each case calculated in accordance with the Paycheck Protection Program.

12. NOTICE OF DEFAULT. Borrower shall promptly notify (but in no event more than five (5) days after the occurrence thereof) Lender of any Default hereunder.

13. RELEASE AND INDEMNIFICATION. In consideration of the Loan, Borrower hereby releases and discharges Lender and its affiliates and their shareholders, directors, officers, employees, agents and attorneys (“Related Parties”) from any and all claims, demands, liability and causes of action whatsoever, now known or unknown, arising out of or any way related to the Loan, the Loan Documents, this Note, the Paycheck Protection Program, Borrower’s Paycheck Protection Program Application, any SBA requirements or terms in connection therewith, any request for forgiveness of the Loan under the Paycheck Protection Program, and/or any of Borrower’s obligations herein, under the Loan Documents or under the Paycheck Protection Program. Borrower shall expeditiously defend, indemnify and hold harmless Lender and the Related Parties against any claim brought or threatened against any of the Related Parties by Borrower, the SBA, or any other person arising from or related in any way to this Loan, the Note, the Loan Documents, the Paycheck Protection Program, the Paycheck Protection Program Application, SBA rules or requirements, or Lender’s relationship with Borrower. If a claim arises for which Borrower has a duty to defend any of the Related Parties hereunder or under any of the other Loan Documents, the Related Parties shall have the right to choose their own legal counsel (at Borrower’s expense) and make all decisions relating to their defense, including, without limitation, the litigation strategy and the terms of any settlement.

14. REPRESENTATIONS. All representations and warranties contained herein or in any of the Loan Documents and all documentation provided to Lender and the SBA in connection with the Loan, including, without limitation, the Paycheck Protection Program Application submitted by Borrower in connection with the underwriting of this Loan, are true and shall remain true, correct, and complete.

15. WAIVERS. Borrower, jointly and severally if more than one: waive diligence, presentment, protest and demand, and also notice of protest, demand, non-payment, dishonor or maturity and also recourse to suretyship defenses generally; and consent to any and all renewals, extensions and modifications of the terms of this Note or any other Loan Document, including the time for payment, and agree any such renewal, extension or modification shall not affect the liability of said parties for the indebtedness evidenced by this Note. Any such renewals, extensions, modifications, releases or indulgences may be made without notice to such parties.

16. MAXIMUM INTEREST. Notwithstanding any other provision of this Note or any other Loan Document, interest loan fees and charges payable by reason of the indebtedness evidenced by this Note shall not exceed the maximum, if any, permitted by applicable law. If by virtue of applicable law, sums in excess of such maximum would otherwise be payable, then such excess sums shall be construed as having been immediately applied by Lender to the principal balance of this Note when received. If at the time any such sum is received by Lender, the principal balance of this Note has been paid in full, such sums shall be promptly refunded by Lender to Borrower, less any sums due to Lender.


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17. BUSINESS PURPOSE. Borrower represents and warrants that the proceeds of the Loan shall be used solely for commercial, investment and business purposes, and not for personal, family or household purposes and that the Loan is an exempt transaction under the Truth-In-Lending Act, 15 U.S.C. Section 1601 et seq.

18. NO AGENT OR BROKER. Borrower represents and warrants that it has not been represented by an agent or broker in connection with this Loan or the Paycheck Protection Program, including, without limitation, the Paycheck Protection Program Application, and no fee or commission is due and owing to an agent or broker in connection with therewith.

19. COSTS AND EXPENSES. Whether or not a lawsuit is brought, Borrower shall pay on demand all costs and expenses, including attorneys’ fees and costs, incurred by or on behalf of Lender, another holder of this Note, or the SBA in connection with this Note, including without limitation costs, expenses, and fees incurred in the collection of this Note or resulting from Lender, another holder of this Note, or the SBA being made a party to any litigation because of the existence of this Note or any other Loan Document. Without limiting the generality of the foregoing, if Borrower becomes the subject of any bankruptcy or insolvency proceeding, Borrower shall pay all fees and expenses incurred by Lender, any other holder of this Note, and the SBA in connection with such bankruptcy or insolvency proceeding.

20. MISCELLANEOUS.

A. Governing Law. The Loan Documents shall be governed by and construed in accordance with the Laws of the State of Washington, without regard to that state’s choice of law rules. Borrower hereby irrevocably submits to the non-exclusive jurisdiction of any Washington state or federal court sitting in King County, Washington, over any action or proceeding arising out of or relating to this Note, or any document related to the Loan, and Borrower hereby irrevocably agrees that all claims in respect of such action or proceeding may be heard and determined in such Washington state or federal court. Borrower hereby waives any objection that they may now or hereafter have to the venue of any such suit or any such court or that such suit is brought in an inconvenient court.

B. Successors and Assigns; Joint and Several Liability. This Note shall be binding upon Borrower and Borrower’s beneficiaries, heirs,

devisees, personal representatives, successors and assigns. If Borrower consists of more than one person or entity, all of such persons and entities shall be jointly and severally liable for Borrower’s obligations under this Note.

C. Counterparts. This Note may be executed in one or more counterparts, each of which may be executed by one or more of the

signatory parties. Unless otherwise prohibited by applicable law or the SBA, the parties hereto agree that delivery of a signature page to, or an executed counterpart of, this document by facsimile, email transmission of a scanned image or other electronic means, shall be effective as delivery of an originally executed counterpart, and shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of a paper-based record keeping system, as the case may be, to the extent and as provided for in any applicable law. Notwithstanding the foregoing, Lender reserves the right to require original signature(s) on this Note and the other Loan Documents as a condition of closing the Loan.

WAIVER OF JURY TRIAL. BORROWER AND LENDER, BY ITS ACCEPTANCE HEREOF, HEREBY WAIVE, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE RIGHT TO A TRIAL BY JURY IN ANY ACTION OR PROCEEDING BASED UPON, OR RELATED TO, THE SUBJECT MATTER OF THIS NOTE. THIS WAIVER IS KNOWINGLY, INTENTIONALLY, AND VOLUNTARILY MADE BY BORROWER, AND BORROWER ACKNOWLEDGES THAT NO PERSON ACTING ON BEHALF OF LENDER HAS MADE ANY REPRESENTATIONS OF FACT TO INDUCE THIS WAIVER OF TRIAL BY JURY OR IN ANY WAY TO MODIFY OR NULLIFY ITS EFFECT. NOTICE: WASHINGTON - ORAL AGREEMENTS OR ORAL COMMITMENTS TO LOAN MONEY, EXTEND CREDIT OR FORBEAR FROM ENFORCING REPAYMENT OF A DEBT ARE NOT ENFORCEABLE UNDER WASHINGTON LAW. IDAHO - No Oral Agreements. NOTICE PURSUANT TO I.C. SECTION 9-505(5): A PROMISE OR COMMITMENT TO LEND MONEY OR TO GRANT OR EXTEND CREDIT IN AN ORIGINAL PRINCIPAL AMOUNT OF FIFTY THOUSAND DOLLARS ($50,000) OR MORE, MADE BY A PERSON OR ENTITY ENGAGED IN THE BUSINESS OF LENDING MONEY OR EXTENDING CREDIT, OR SOME NOTE OR MEMORANDUM THEREOF, MUST BE IN WRITING AND SUBSCRIBED BY THE PERSON OR ENTITY MAKING THE PROMISE OR COMMITMENT, OR THE AGENT OF THE PERSON OR ENTITY, OR THE AGREEMENT IS INVALID. OREGON - No Oral Agreements. UNDER OREGON LAW, MOST AGREEMENTS, PROMISES AND COMMITMENTS BY A LENDER CONCERNING LOANS AND OTHER CREDIT EXTENSIONS WHICH ARE NOT FOR PERSONAL, FAMILY OR HOUSEHOLD PURPOSES, OR SECURED SOLELY BY THE BORROWER’S RESIDENCE MUST BE IN WRITING, EXPRESS CONSIDERATION AND BE SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE LENDER TO BE ENFORCEABLE.


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CALIFORNIA - No Oral Agreements. THE RIGHTS AND OBLIGATIONS OF THE BORROWER AND THE LENDER SHALL BE DETERMINED SOLELY FROM THE WRITTEN LOAN DOCUMENTS, AND ANY PRIOR ORAL OR WRITTEN AGREEMENTS BETWEEN LENDER AND BORROWER CONCERNING THE SUBJECT MATTER HEREOF AND OF THE OTHER LOAN DOCUMENTS ARE SUPERSEDED BY AND MERGED INTO THIS AMENDMENT AND THE OTHER LOAN DOCUMENTS. THIS AMENDMENT AND THE OTHER LOAN DOCUMENTS MAY NOT BE VARIED BY ANY ORAL AGREEMENTS OR DISCUSSIONS THAT OCCUR BEFORE, CONTEMPORANEOUSLY WITH, OR SUBSEQUENT TO THE EXECUTION OF THIS AMENDMENT OR THE OTHER LOAN DOCUMENTS. THIS WRITTEN AGREEMENT AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENTS BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES

21. BORROWER’S NAME(S) AND SIGNATURE(S): By signing below, each individual or entity becomes obligated under this Note as Borrower. Borrower: Doral Academy of Nevada By X

Name

Its


Trevor Goodsell

Operating CFO

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Certificate Of CompletionEnvelope Id: 754B3FA79F1146F0A898DBA5E39A0899 Status: Completed

Subject: Your WaFd Bank PPP Loan Docs - Trevor Goodsell

Source Envelope:

Document Pages: 16 Signatures: 4 Envelope Originator:

Certificate Pages: 2 Initials: 10 WaFd Bank

AutoNav: Enabled

EnvelopeId Stamping: Enabled

Time Zone: (UTC-08:00) Pacific Time (US & Canada)

425 Pike St

Seattle, WA 98101

[email protected]

IP Address: 63.237.228.238

Record TrackingStatus: Original

4/29/2020 11:17:13 AM

Holder: WaFd Bank

[email protected]

Location: DocuSign

Signer Events Signature TimestampTrevor Goodsell

[email protected]

Security Level: Email, Account Authentication (None), Access Code

Signature Adoption: Pre-selected Style

Using IP Address: 70.165.14.114

Sent: 4/29/2020 11:17:13 AM

Viewed: 4/29/2020 11:38:39 AM

Signed: 4/29/2020 11:39:46 AM

Electronic Record and Signature Disclosure: Not Offered via DocuSign

In Person Signer Events Signature Timestamp

Editor Delivery Events Status Timestamp

Agent Delivery Events Status Timestamp

Intermediary Delivery Events Status Timestamp

Certified Delivery Events Status Timestamp

Carbon Copy Events Status TimestampMcKenzie Carter

[email protected]

WaFd Bank

Security Level: Email, Account Authentication (None)

Sent: 4/29/2020 11:17:13 AM

Viewed: 4/29/2020 11:17:13 AM

Signed: 4/29/2020 11:17:13 AM

Electronic Record and Signature Disclosure: Not Offered via DocuSign

Witness Events Signature Timestamp

Notary Events Signature Timestamp

Envelope Summary Events Status TimestampsEnvelope Sent Hashed/Encrypted 4/29/2020 11:17:13 AM

Certified Delivered Security Checked 4/29/2020 11:38:39 AM

Signing Complete Security Checked 4/29/2020 11:39:46 AM

Completed Security Checked 4/29/2020 11:39:46 AM

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Payment Events Status Timestamps

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