Financial Management

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  • Facility Rental
  • | Financing

Found Money: Untapped Income Opportunities

Look closer. Could there be untapped income opportunities in your facilities, your programs, your operating cash and reserves?
12 min read
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  • Accounting
  • | Audit

Making a Statement This item is protected.

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
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Strategies  

  • Accounting
  • | Audit

Strategies: the Magic Binder

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
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  • Facilities
  • | Financing

A Capital Plan This item is protected.

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

CEO Notebook  

  • Budget

Three Positive Trendlines on the Cusp of Spring

Data show independent school finances improved last year, in terms of net tuition revenue, expendable financial resources and annual giving. 
3 min read
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  • Extended Day
  • | Planning

Extended Day, Extending the Brand

After-school programming can and should be much more than an afterthought. This school’s robust and thoughtful program is a powerful differentiator that fosters enrollment growth.
12 min read
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  • Endowment
  • | Investments

Coveting Thy Neighbor’s Returns

Jumping into private equity may look enticing, but it’s better to stick to the basics when investing for your school, according to Permanens.
3 min read
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Risk & Compliance  

  • Planning
  • | Risk Management

Risk & Compliance: Jump-Starting Enterprise Risk Management

Knowing the top risks other independent schools face can help your school avoid getting stuck in the early phases of a risk management program.
4 min read
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Business Intelligence  

  • Planning

Business Intelligence: Independent School Finances Gained Ground in Fiscal 2018

Data from NBOA’s Business Intelligence for Independent Schools reveals modest financial gains for schools on almost all fronts.
4 min read
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  • Endowment
  • | Investments

Stormy Markets, Steady Institutional Investors

Investment guidelines enable institutions to weather market volatility better than individuals, on average, and a crisis playbook can provide additional assurance.
3 min read
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Business Intelligence  

  • Budget
  • | Leadership

Business Intelligence: Markers of Sustainability

Assessing a school’s perceived value in the marketplace is one of several key data points that signal its financial health.
2 min read
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  • Budget
  • | Tuition Remission

Recruit, Retain, Remit: Trends in Tuition Remission This item is protected.

Invaluable for many employees but expensive for schools, tuition remission is evolving with schools' financial models.
13 min read

Projections  

  • Budget
  • | Financial Aid

The Financial Aid Conundrum

How can schools employ mission-fit financial aid awards without harming their financial health?
4 min read
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  • Endowment
  • | Leadership

Declarations of Independence This item is protected.

The end of its financial dependence on a longtime sponsor forced this school to scrutinize operations and reset its revenue and expense levers. “We were a 160 year-old toddler learning to take our financial first steps.”
9 min read
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Mission & Motivation  

  • Environmental Sustainability
  • | Investments

Mission & Motivation: Walking the Talk: Going All-In for Environmental Sustainability

The Northwest School’s long-held commitment to sustainability comes full circle in its purchasing policy, dining, facilities, transportation and, most recently, its investment policy.
4 min read
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  • Planning
  • | Safety and Security

Using Head, Not Heart in School Emergency Planning

While active shooter events draw overwhelming attention, sympathy and concern, reactions to them should not drive a school’s safety and preparedness policies, said safety experts from Kiernan Group Holdings in a recent N
2 min read
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  • Budget
  • | Leadership

Unsung Hero: Diana Rego, Mercy High School

Rego provides strategic counsel and has modernized everything from collections and benefits to campus security and financial aid.  
2 min read
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  • Regulatory Updates
  • | Tax

NBOA Alert: Continued Impact of the Tax Cuts and Jobs Act on Independent Schools

Article by Jennifer Osland Hillen
2 min read

CEO Notebook  

  • Budget
  • | Planning

An Open Letter from Jeff Shields To NBOA Members About BIIS

How is the BIIS data-collection platform different, and how can it help you?
3 min read
  • Budget
  • | Planning

How to Access Benchmarking Data When You Need It

At some point this year, you will be looking for data points that could help with setting your school’s budget, preparing a board report or outlining a strategic plan. The time to prepare is now.
2 min read