Business Intelligence
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Budget
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Maintenance
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PPRRSM
An increased percentage of independent schools report having a PPRRSM reserve.
3 min read
Feature
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Facilities
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Legal
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Planning
Before purchasing land or accepting a land donation, understand the financial,
legal and local implications.
16 min read
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Accounting
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Risk Management
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Technology
Facing the threat of financial fraud, schools can enhance their financial security by automating accounts payable.
3 min read
Feature
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Debt
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Facilities
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Financing
Despite high interest rates, independent schools are taking on debt to maintain campus and attract students.
10 min read
Feature
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Budget
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Extended Day
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Summer Camp
For some schools, auxiliary programs can significantly help close the gap between tuition revenue and expenses.
13 min read
Day schools averaged a 9.5% return, schools with boarding averaged an 8.4% return.
4 min read
From revolutionizing financial oversight to driving operational excellence, these profiles showcase the dedication and expertise of individuals shaping the future of independent school administration.
5 min read
Business Intelligence
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Budget
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Facilities
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Maintenance
Even before the pandemic and recent economic challenges, many schools were not meeting the capital spending ratio to maintain their campuses.
3 min read
Leaders in independent school financial aid offer their take on the current terrain — plus NBOA’s Financial Aid Fast Facts sheet.
4 min read
Results from a recent survey reveal best practices for enhancing financial governance and strategies for sustained intergenerational equity.
4 min read
Business Intelligence
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Budget
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Extended Day
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Summer Camp
Auxiliary programs brought in higher revenues late pandemic (2021–22) than they did pre-pandemic, and with lower expenses.
3 min read
Feature
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Accounting
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Audit
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Legal
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Technology
AI has never been more accessible, and it will impact every corner of the independent school business office.
13 min read
Silva's skilled financial management resulted in substantial tuition revenue increases backed by a long-term financial model, ensuring his school’s long-term sustainability.
2 min read
Orenstein's dedicated approach to school finances extends to his work with the broader business officer community.
2 min read
McCabe's financial skills resulted in successful debt refinancing, reduced interest rates and enhanced financial stability.
2 min read
Strategies
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Boards and Trustees
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Budget
This one-pager provides trustees with the information they need to spend their time together on strategy.
5 min read
The answer to some trustee questions should always be “Yes” — including, “Does the school have long-term financial projections?”
4 min read
Strategies
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Budget
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Environmental Sustainability
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Facilities
Seven independent schools and an arts education center came together to create a hydroelectric power consortium. Annual savings per school are in the tens of thousands.
7 min read
School leaders are finding constructive ways to pursue capital projects despite higher materials costs, supply chain disruptions and rising interest rates.
7 min read
Tips on explaining to the board how the Statement of Activities relates to the operating statement, and on improving the audit note about the flow of Temporary Restricted Net Assets.
5 min read
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