Operating margin, net tuition revenue and expendable resources were up for more schools in the West and fewer schools in the Mid-Atlantic and Texas.
2 min read
External pressures have replaced operational pressures as top-of-mind risks among school leaders, while sexual misconduct issues continue to reverberate at a national level.
7 min read
Communication is key during busy summer months, fostering connections among different sides of the business office as well as staff and faculty members upon their return to campus.
3 min read
When designing a shared school space, taking the time to collect different stakeholders’ perspectives in unbiased ways pays dividends.
4 min read
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Accounting
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Risk Management
The longer a fraudster has been at a school, the larger the losses and the less likely he or she will be suspected. Knowing what motivates fraudsters can supplement internal controls in mitigating risk.
7 min read
Charitable giving by individuals declined last year and may continue to do so into the future. What does the trend mean for independent schools?
2 min read
Collaborative processes can help ensure new campus facilities align with a school’s mission.
2 min read
Many independent schools face financial challenges related to cash reserves, endowment depletion and operations. Finding ways to align enterprise considerations and investment strategies can help address these issues, sa
2 min read
From the archives: How can online learning simultaneously mitigate the financial pressures facing our schools and reinforce our ability to personalize the learning experience?
4 min read
A few tools can help school leaders and the board understand long-term school finances more clearly, talk more productively and act more proactively.
3 min read
Commonfund report also provides 10-year analysis going back to 2009, when returns averaged -18 percent.
3 min read
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Budget
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Facilities
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Key Facilities
School facilities are notorious for hiding their true costs. A total cost of ownership approach can help you avoid surprises and make decisions that pay off years down the line.
15 min read
With an affordable in-house audit, both your facilities team and your service providers will become more familiar with your campus and more invested in it too.
3 min read
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Planning
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Risk Management
Ensuring business continuity in the era of climate change requires thinking ahead to potential worst-case weather scenarios, and budgeting accordingly.
16 min read
Conversations around school mergers have shifted from reactive to proactive. It’s not about failure, but rather preparing for the future.
3 min read
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Facility Rental
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Financing
Look closer. Could there be untapped income opportunities in your facilities, your programs, your operating cash and reserves?
12 min read
Near and distant changes to not-for-profit audits should provide greater transparency and consistency in describing school finances. “It’s an opportunity to pause and consider things from an enterprise perspective.”
12 min read
Reconciling every accounting fund every month may sound onerous, but it saves time and headaches down the line — especially during the annual audit.
4 min read
From bridge financing to a unique co-location partnership, schools’ construction financing strategies reveal new levels of creativity, resourcefulness and fiscal prudence.
14 min read