Feb 28, 2022, 5:21 PM
(from NBOA) NBOA released its latest Financial State of the Industry report, which examines data from the past two school years (2019-2021). The report draws from a greatly expanded data set, thanks to a data collection collaboration with NAIS that began last year. An executive summary and analysis of 17 financial indicators shed light on trends in tuition, enrollment, expenses, annual giving and other areas of interest. Some key indicators, such as net tuition revenue, showed a decline, which may be a result of shorter-term challenges. Other indicators, such as operating margin, showed improvement, which may be a result of pandemic-specific funding initiatives.
The report is available free to NBOA members and for purchase for nonmembers.
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