Financial Position Survey

Financial Position Survey

The NBOA Financial Position Survey draws its data from a survey conducted annually to help facilitate important financial sustainability conversations vital to the health of independent schools. This brief but powerful survey collects approximately 50 data points from participating schools, which is then analyzed to determine key financial indicators and pinpoint emerging trends.

The numbers and ratios in this survey can show a school its financial strength relative to the rest of the independent school sector, which can help a school to develop its strategy for expense structure, debt, and fundraising over time.

Since analysis of past studies has confirmed that day schools are fundamentally different from schools with a boarding component, almost all of the topics are segmented, with one set of data for day schools, and another set of data for schools with boarding. Furthermore, almost all of the dollar figures used in this study are on a per student basis. This is a way for schools to compare their numbers—apples-to-apples—with other schools regardless of size.

Free report
Download a free copy of the 2011 Financial Position Survey.

Current and Past Surveys

NBOA members can access the current and prior year reports below.

5-Year Trend Reports

Single-Year Reports

*Only members who participated in the survey at the time are able to access the data.

Questions? Contact Mary Kay Markunas at or call 202-407-7135.

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