Steven Tolbert Email & Phone Number

Los Angeles, Ca, Us

Consulting & project management services include: Strategy; M&A/Turnarounds/Restructurings; Financial Advisory; Due Diligence; Enterprise Resource Planning; Business & Digital Transformations; Internal Controls and Enterprise Risk Management assessments & support; Budgeting & Forecasting; Fractional and Interim CFO & COO assignments and Executive Coaching.

Los Angeles, Ca, Us

Audit Committee | Program Committee ChairChrysalis serves people navigating barriers to the workforce by offering a job-readiness program, individualized supportive services, and paid transitional employment. We empower our clients on their pathway to stability, security, and fulfillment in their work and lives.

Los Angeles, California, Us

Member, President’s Cabinet. Reported out to Board and audit, finance, investment, facilities, and 403b committees. Provided strategic, financial, and operational leadership. Implemented cost savings, digital transformations, and risk management initiatives. Improved performance and efficiency. Oversaw $45MM operating and $840M capital budgets for the high school, serving ~1270 males and ~200 employees on a 25-acre campus. Safeguarded net assets of ~$147MM. Administered ~$72MM endowment, $21MM tax exempt loan, and $10MM real estate portfolios. Oversaw finance, accounting and operations, audit, and compliance reporting. Negotiated & executed transactions. Supported Advancement. Other Notable Accomplishments:• Crisis Management: Successfully navigated 2023 banking crisis with no loss of financial assets• Oversaw Independent Internal Controls Audit: Developed/Implemented cash disbursement & credit card policies• Oversaw Independent Cybersecurity audit: Co-led recommended implementation plan• Negotiated tax exempt loan rate modifications: Projected realized savings, ~$1.25MM over 10 years• Oversaw transition to cloud based Financial Edge NXT: Migrated financials and budget reporting to the platform

Roseville, Ca, Us

Governance | Strategic Planning | Executive Director Search CommitteesThe California Independent School Business Officers Association (Cal-ISBOA) develops, delivers and promotes business and operational best practices to advance the business officer profession and professional support and solutions to Business Officers from approximately 280 Independent Schools throughout the state of California.

Los Angeles, Ca, Us

Member, executive leadership team. Reported out to Board and audit, finance, investment, long range planning and 403b committees. Restructured balance sheet. Improved long term financial sustainability and operating efficiency. Positioned school for program and plant growth. Oversaw $47MM operating and $2MM capital budgets of the K-12 school, serving ~1,160 students and ~400 employees on two campuses covering 30 acres. Safeguarded net assets of ~$95MM. Negotiated & executed contracts to develop a 220,000-sq. ft. middle school, sports field, and parking garage; and a 22,000-sq. ft. elementary classroom building for a combined ~$100MM. Administered $20MM endowment and $66MM loan portfolios. Led restructuring of student transportation program. Increased bus ridership to 70%, exceeding CUP requirements. Supervised ~70 employees in finance, accounting, financial assistance, human resources, payroll & benefits, IT, bookstore, cafeteria; facilities, security; and transportation departments. Negotiated and executed all financial and operating contracts. Oversaw financial, retirement and workers compensation audits. Advancement Support. Improved morale. Other Notable Accomplishments:• Crisis Management COVID: Member, Planning Committee: Co-led transition to remote learning and business office operations. Negotiated and oversaw COVID testing program and protocols for campus re-entry. Avoided layoffs/furloughs/pay cuts.• Negotiated/executed tax exempt and bridge loan modifications of $66MM. Projected savings~$6MM• Implemented school’s first cash management strategy, realized $450,000 in interest income• Migrated student billing to digital platform.Consolidated online healthcare system to payroll platform• Member, DEI Firm Search Committee; Board approved 1,000% DEI program budget increase

Culver City, California, Us

Member, executive leadership team. Reported out to Board and audit and finance committees. Restructured balance sheet of a Primary-8th grade Independent School, ensuring long term financial sustainability. Oversaw transitions of outgoing CFO, Head of School; and incoming Head of School. Oversaw $11MM operating and $400M capital budgets of the school serving, 330 students with 85 employees. Safeguarded net assets of $15MM. Managed and administered $14MM endowment and $15MM tax exempt bond portfolios. Director, Financial Aid. Supervised finance, accounting, tuition assistance, human resources, payroll, IT, facilities, security, and risk management. Negotiated and executed banking and operating transactions. Oversaw financial, retirement plan and workers compensation audits. Supported Advancement.Other Notable Accomplishments:• Restructured $15MM floating rate bonds hedged with interest rate swaps• Decentralized departmental budgets, improved internal controls, and oversaw facilities audit

Provided consulting and project management for corporations and nonprofits: Strategic Planning; Due Diligence; FP&A; M&A/Turnarounds/Restructurings; Internal Controls; Risk Management; Digital Transformations; Interim CFO/COO assignments.Notable Accomplishments:• Interim CFO: Learn Charter Schools Network• Identified and executed acquisition of retail business

Portland, Oregon, Us

Strategized and developed relationships with CEOs/CFOs of existing and new charter school clients to package working capital, facilities financing, and other operational solutions by employing a consultative approach. Other Notable Accomplishments:• Provided ~$130MM in working capital and facilities financing to ~100 schools throughout California.• Collaborated with senior leadership to promote growth in California & to develop a national platform

Los Angeles, California, Us

Member, executive team. Reported out to Board and audit and finance committees. Co-led financial turnaround and restructuring of a K-12 charter school management organization, operating 15 elementary, middle, and high schools with 4,500 students and 600 employees. Managed $38MM operating and $1.5MM capital budgets. Oversaw transitions of outgoing COO, Founder & CEO, and incoming CEO. Developed and implemented plan to reduce deficits and spending by ~$5MM and ~$7MM in successive fiscal years. Supervised finance, accounting, human resources, payroll, facilities, IT, food service departments, and back-office provider. Presented to foundations federal, state, and local agencies. Negotiated and executed financial and operating contracts. Oversaw audit and compliance reporting. Improved morale. Other Notable Accomplishments:• Crisis Management: Averted closure by implementing organizational restructuring plan. Restructured balance sheet, renegotiated loans, leases, and tax liabilities, and implemented internal control policies• Led digital transformational efforts to improve financial management and payroll systems.

Studio City, Ca, Us

Member, executive leadership team. Reported out to Board and audit, finance, advancement, and facilities committees. Realized operating efficiencies and re-positioned balance sheet of K-12 Independent School for plant growth. Oversaw $27MM operating and $1MM capital budgets; $5MM endowment; and $4MM reserve fund of a school with 1,100 students and ~200 employees on a 15-acre campus. Supervised finance, accounting, human resources, payroll & benefits; facilities; IT; books & supplies departments; and retail student store. Member, Financial Aid Committee. Oversaw financial, audit and compliance reporting. Negotiated and executed banking and operating contracts. Improved team morale. Other Notable Accomplishments: • Reduced 2007 tuition receivables by ~70% from 2006; Identified and realized cost savings throughout School• Oversaw two-year $800,000 Renovation of campus administration building and library• Supported pre-development efforts to obtain a CUP to construct a $35MM Arts & Education Complex• Revised internal control and contract policies, as well as employee policies and procedures handbook• Oversaw accounting software installations, upgrades and departmental interfaces throughout the campus

Developed and prepared investment strategy, investor-return models and private placement memorandum for Nogales Investors Fund I, LP (the “Fund”). Raised ~$100MM in committed capital from public pension funds and banks. Identified and originated equity investments. Executed portfolio company growth strategies. Negotiated public/private partnerships. Developed and managed budgets. Oversaw investor relations. Prepared and oversaw investor reporting and coordinated partnership audits. Oversaw operations and legal firm. Track Record Available.

Provided an array of consulting and advisory services to banks, foundations, small businesses and private equity funds. Identified and evaluated acquisition opportunities. Formed Public/Private Partnerships. Conducted Due Diligence. Evaluated management teams. Structured transactions. Provided Strategic Planning and Technical Assistance. Performed valuation analysis. Conducted economic and new business development activities. • Interim CFO: Cleveland based Popeye’s franchisee. Developed & implemented 14-unit expansion plan• Advisor to family foundation on development of a $40MM multicultural/retail shopping centerTrack Record Available

Raised approximately $10MM for 20 small and start-up companies. Conducted due diligence. Prepared valuation analysis. Provided strategic planning and technical assistance. Wrote business plans. Developed capital formation strategies. Prepared loan packages and offering memorandums. Cultivated relationships with banks, venture capital/private equity funds. Structured, marketed and documented transactions through closing. Conducted workshops and seminars. Developed bank micro-loan program. Complete Track Record Available

Co-founded and organized equity focused SBA licensed Small Business Investment Company in conjunction with the New Jersey Development Authority. Developed and prepared investment strategy and investor-return models. Raised approximately $30MM in committed capital from pension funds, banks, insurance companies and the State of New Jersey. Originated, structured, negotiated and executed investments. Managed portfolio. Maintained investor relations. Managed investor reporting, partnership and SBA audits. Track Record Available

Newark, New Jersey, Us

Originated, structured, negotiated and executed $200MM in utilities and renewable energy projects. Originated debt/equity investments through direct marketing efforts. Developed/implemented marketing and business development strategies. Managed investment portfolio. Negotiated amendments and waivers. Cultivated investment banker, developer and corporate relationships. Co-developed pre-approved senior note product to expedite funding. Track Record Available.

Investment Group. Originated, structured, negotiated and executed ~20 senior debt and mezzanine investment transactions totaling ~$900MM for middle market companies and renewable energy projects (i.e., solar, wind, hydro, resource recovery). Managed portfolio. Negotiated amendments and waivers. Cultivated investment banker relationships. Provided portfolio valuations and exit analyses in support of a new $384MM Mezzanine Fund. Track Record Available.

Master Of Business Administration (Mba), Specialization In Finance

Bachelor'S Degree, Mathematics

High School

Mark Of The Minister