State of the School January 24 , 2012

1. State of the SchoolJanuary 24 , 2012 PTAA Meeting Presented by Don Berger, Head of School

2. A Good Look in the Mirror

3. Probing Questions • Are we attracting, developing, and retaining the right students? • Are we attracting, developing, and retaining the right faculty and staff? • What has been the impact of 2011-12 budget adjustments? • How are we positioned to meet the challenges of the next five years? 25 years?

4. Q1: Are we attracting, developing, and retaining the right students?

5. The Right Students Cary Academy values a community of students possessing diverse talents and backgrounds. • We seek unique or exceptional talents and myriad cultural experiences. • We also recognize a value in students who demonstrate the potential for significant contribution and growth.

6. The Right Students: Exceptional Talents a sampling of excellence from the class of 2012 • Allen Yang: Finished in a three-way tie for first in national competition, Who Wants to Be a Mathematician? • Joe Calder: Among top 10 Extemp Debaters in the Nation • Keaton Friedman: World record holder for long distance shooting on a rifle recently commissioned by the military. • Cat Newman: Presented a paper on cardiovascular disease at the 2011 American Society for Anesthesiologists conference. • Nick Noschese: Currently ranked 3rd in the nation in U18 in his weight class in Taekwondo • Ryan Cinoman:selected top oboist for NC Honors Orchestra • Leah Bar-On Simmons: top NC violinist; Hilton Head Symphony Orchestra concerto competition finalist • Korey Weaver and Matt Lee: selected for NC Honors Chorus • Abby Larus: One of 4 students nationally selected to be profiled for social activism in a PBS documentary. • Alex Daniels, Quinn Jenkins, and Jacob Warwick: Started nonprofit organizations. Alex is doing work with Karen refugee children in CH; Quinn started GGE (Girls for Gender Equity); Jacob started Lenses without Limits, teaching photography to low income kids • Thomas Graham: 4-time NCISAA Cross-Country Champion, 9th at Nationals • Tyler Powell, Haleigh Morgus, Ryan Kaufmann: All-State in Field Hockey , Tennis, and Soccer

7. The Right Students: Myriad Cultural Experiences Percentage Students of Color Compared to Peer NC Schools (Charlotte Latin, Providence Day, Charlotte Country Day, Greensboro Day, Ravenscroft, Durham Academy – not listed in order below)

9. The Right Students: Socioeconomic Diversity Percentage of students receiving financial aid

10. The Right Students: Academic Achievement Average Independent School % for Newly Enrolled Students

11. How Well Are We Attracting Students?6-Year Application History NAIS Benchmark: 75th percentile 1.9 applications per opening 90th percentile 2.8 applications per opening

12. How Well Are We Retaining Students? NAIS Benchmark for Student Retention: 50th percentile is 91.8% Retention 75th percentile is 94.7% Retention

13. Attracting and Retaining the Right Students: Enrollment History

14. Q2:Are We Attracting, Developing And Retaining The Right Faculty And Staff?

15. The Right Faculty And Staff Cary Academy seeks student-centered, hard-working employees who have demonstrated professional excellence and are deeply committed to our mission of a Learning Community Committed to Discovery, Innovation, Collaboration and Excellence.

16. Right Faculty And Staff: Mission Commitment And Professional Excellence Joselyn Todd, MS Science: NAIS Leading Edge Award Winner Heidi Malloy, US Science: NAIS Teacher of the Future; 2011 Environmental Educator of the Year (Green Building Council of Raleigh). Robert Coven, US History: Peter H. Martorella Graduate Student Award at NCSU in Pursuit of a Ph.D. Palmer Seeley , US English andMeredith Stewart , MS History: Selected as Fellows for the Columbia Teachers College KlingensteinSummer Institute for Early Career Teachers Betsy Ward Hutchinson, Dance: 2011 Annual Merit Award from North Carolina Dance Alliance Vic Quesada, US Spanish: NCSU Inspirational Teacher Award Margit Lanze, MS German: Selection to NCAIS Master Teacher Academy Carole Hamilton, US English: Second Diamond Degree from the National Forensic League Katy Allen,US Science: Gold Medal Citizen award from NBC-17 Shani Barrax-Moore, Diversity Director: NAIS Call to Action Executive Committee Business Leader Media and Rex Healthcare as one of the Triangle’s Healthiest Companies 2010 CASE Circle of Excellence—Gold Award for Independent School Magazine--DISCOVERIES

17. Right Faculty And Staff: Diversity Percent Faculty and Staff of Color 2011-12

18. How Well Are We Developing Our Faculty And Staff? • Professional Development Funding • Dedicated Training Weeks • New Faculty Evaluation and Growth Program • Instructional Technology Team • Professional Licensures… • Friday Fellowships, Bridges NCCAT Fellowship, Major Resource Development Grants, Blended Learning Course Development Grants

19. Faculty And Staff Development: Licensure Facilities Jess Garcia: Certified Facility Manager (International Facilities Association); Certified Facility Manager of Japan Business Debby Reichel: Certified Public Accountant; Senior Professional in Human Resources Marie Spell: Certified Public Accountant Belinda Blackwood: Senior Professional in Human Resources Athletics David McAlister: Certified Athletic Trainer; Licensed Athletic Trainer (NC Board of Athletic Trainer Examiners) Kevin Jones: Registered Athletic Administrator

20. Faculty and Staff Development: Licensure Information Services Eric Moore: Microsoft Certified Desktop Support Technician Rick Harris: Microsoft Certified Systems Engineer; HP Certified Technician; A+ Certified Depot Technician; Lenovo Certified Technician Peter Todd: Cisco Interconnecting Network Devices I; CNA – Cisco Network Associate Certification Kevin Rokuskie: HP Certified Technician; A+ Certified Depot Technician Lenovo Certified Technician ; Microsoft Certified IT Professional; Microsoft Office Specialist Kris Wetterling: Institute for Supply Management, Inc. – Certified Purchasing Manager; Association of Caucus Technology Procurement Professionals – Certified Technology Procurement Specialist Dmitry Manakhov: Microsoft Certified Systems Engineer; Cisco Certified Network Professional; Network+ certification; Lenovo Certified technician

21. How Well Are We Retaining Faculty And Staff? Annual Percent Attrition

22. What Has Been The Impact Of 2011-12 Budget Adjustments? • Financial • Program • Parent Perception and Confidence • Employee Morale

23. Budget Adjustments Impact: Financial Financially Sound Footing • Ran in the black in 2010-11; on track in 2011-12 • Compensated for a net $800,000 reduction this year and an additional $235,000 next year • No debt • Strong, stable sources of auxiliary income (rentals, summer programs, additional programs) • Strong potential for increased annual giving and targeted major gifts • Newly increased endowment from a $15,000,000 gift

24. Budget Adjustments Impact: Program Physical Education • Teachers Covering Additional Classes/Less Flexibility • Upper School Curriculum Strengthened Technology Support • Longer Wait Time for Repairs • More Instances When Immediate Help is not Available Fine and Performing Arts Library Facilities Faculty Coverage • Teachers Covering Additional Classes • Increased Work Load for Administrative Assistants

25. Budget Adjustments Impact: Parent Perception and Trust • Parent Meetings to Explain Income Loss and Impact of Cuts: Low Attendance • High Student Retention • Community Survey • Very Positive Breakfasts with Berger this Fall • CA Fund 2011-12 As of January 17: 2010-112011-12 $166,409.57$159,479.20 57% 53%

26. 2011 Community Survey

27. Budget Adjustments Impact: Employee Morale • Employee Retention • Benefits and Compensation Survey • Biannual Community Survey • Anecdotal Account

28. How Are We Positioned To Meet The Challenges Of The Next Five Years? 25 Years? External • Shifting Demographics • Affordability • Competition Internal • Outstanding Personnel • Financial Sustainability

29. Meeting Challenges: Shifting Demographics

30. Meeting Challenges: Affordability $ Value Proposition for Parents:

31. Meeting Challenges: Competition Private Schools Public Schools Charter Schools On-line Schools

32. Major Challenges: Internal Hiring and Retaining Outstanding Personnel Fiscal Sustainability

33. Steps ForwardSteps to Continue Excellence and Advance the School • Vision Clarification: The Board should clearly decide if Cary Academy wants to be an excellent school for Triangle students that uses technology effectively to advance student learning and occasionally shares its innovative technology use with colleagues, or does Cary Academy want to be an excellent school for Triangle students that wants to continually be on the forefront of innovative instructional technology use and serve as a national model? Presently we are somewhere in the middle of this continuum and are staffed as such. • Teaching and Learning: Continue working on this strategic goal. To prepare students for their futures, Cary Academy will be a leader in teaching and learning enhanced by the creative and effective use of emerging technologies. This will strengthen our effective use of instructional technology throughout the school and formally and effectively align our teaching with our mission. It will continue to differentiate Cary Academy from its private and public competition.

34. Steps Forward 3. Facilities: Build a second performing arts center (has been on long -range facilities plan). This would allow for continued development of our outstanding arts program, enable us to attract additional exceptional students and faculty, and enhance our community ties in the arts. Build the field house at the stadium (also on long-range facilities plan). Meets operational needs of our athletic program.

35. Strategic Plan 2010 Cary Academy Vision Statement   As a diverse and inclusive community that exemplifies excellence in teaching and learning, Cary Academy will prepare each student for a rapidly changing world by nurturing creativity, inspiring innovation, fostering global citizenship, and developing strong communication and critical thinking.

36. Strategic Plan 2010 Goals • To prepare students for their futures, Cary Academy will be a leader in teaching and learning enhanced by the creative and effective use of emerging technologies. • Cary Academy will strengthen the development and retention of outstanding employees who will uphold and advance the mission and values of the school. • Cary Academy will build the framework necessary to ensure the long-term financial sustainability of the school. • Cary Academy will strengthen student development programs to include character education, leadership, ethics, global citizenship and commitment to respect, integrity, and compassion. • Cary Academy will strengthen multiculturalism in an increasingly diverse school community through education, experiences, and meaningful relationships.

37. Standardized Testing

38. Faculty Retention Founding Faculty: 11/26 42%

39. Faculty Salaries Comparison 2011-12 Average Salary By Experience Band

40. NC Peer Schools 2011-12 Tuition and Endowment

41. Tuition 2012-13