NBOA Net Assets

Budget

Do Most Auxiliary Programs Bring in Net Revenue?

Analysis of recent school years indicates that most schools with auxiliary programs are turning a profit, with New England schools and schools with a boarding component leading the way.

Stacks of coins increasing in height on a wooden surface with a clock and growth graph overlay.

CEO Notebook  

  • Policy
  • | Technology

Where Is Your Business Office in Its AI Journey?

Sound words from a fellow association leader could help inform the business leader’s role in AI policy and implementation.
4 min read
Silhouette of a person with binoculars displaying binary code on a red background.
  • Crisis Management
  • | Cybersecurity
  • | Risk Management

Six Cybersecurity Threats Every School Leader Should Know

From ransomware demands to supply chain risks, independent schools face cyber risks that demand top attention.
4 min read
Stacks of coins increasing in height on a wooden surface with a clock and growth graph overlay.
  • Budget
  • | Extended Day
  • | Summer Camp

Do Most Auxiliary Programs Bring in Net Revenue? This item is protected.

Analysis of recent school years indicates that most schools with auxiliary programs are turning a profit, with New England schools and schools with a boarding component leading the way.
5 min read
Abstract design with text and geometric patterns in blue, green and white.

Strategies  

  • Compliance
  • | Policy
  • | Procedures

Business Office Policies and Procedures

NBOA’s robust resource hub can be the starting point for a complete business office manual or ease the updating of an existing one.
2 min read
Mercy Ship volunteers pose on deck, wearing black uniforms and colorful head coverings, while behind them is a large blue ship structure with the words "Mercy Ships."

Other Duties As Assigned  

  • Leadership

In Ship Shape: Volunteering on Sabbatical

This business officer spent her sabbatical preparing meals aboard a Mercy ship that provided healthcare to those in need.
7 min read

CEO Notebook  

  • Change Management
  • | Communication
  • | Leadership

The Surprising Strengths of a Vulnerable Leader

It may seem counterintuitive, but vulnerability can be a great strength for independent school business leaders.
4 min read
Three bright arrows pointing down a dark blue background.

Voices from the Field  

  • Key Enrollment
  • | Leadership
  • | Tuition

Data, Design and the Future of Enrollment

The merger of EMA and ERB will provide school business leaders with more data and a more integrated experience.
7 min read
Silhouette of a head with a cut-out question mark filled with colorful puzzle pieces.

Risk & Compliance  

  • Governance
  • | Leadership
  • | Risk Management

How To Handle an Unexpected Head Turnover This item is protected.

What you need to know from a legal standpoint when managing an unplanned head of school transition.
6 min read
Two wooden blocks on a diagonal orange and blue background; one block has a green plus sign, the other has a red minus sign.

Business Intelligence  

  • Cash Management
  • | Research
  • | Tuition

Is Your School’s Working Capital Working? This item is protected.

In 2023–24, most independent schools had a positive working capital ratio.
3 min read

CEO Notebook  

  • Cybersecurity
  • | Risk Management

A Clear Guide for Assessing Cyber Risk and Mitigations

As cyber attacks continue grow for K12 schools, understanding what’s in your school’s cyber insurance is more important than ever.
3 min read
playbook concept (1)

Feature  

  • Enrollment
  • | Financial Aid

The Outcomes Mandate: Enrollment Lessons from Higher Ed

As universities grapple with a crisis of value, a new playbook is emerging. For independent school leaders, the lessons are urgent: define your outcomes, or the market will define you
15 min read
Photo of Michael Toohey
  • Leadership
  • | Membership

Unsung Hero: Michael Toohey, George School

Toohey led George School through a critical financial turnaround, fostering long-term stability and building a collaborative, empowered team along the way.
4 min read
Photo of Erin Summers in front of a blue and green NBOA background.
  • Leadership
  • | Membership

Unsung Hero: Erin Summers, St. Albans School

Summers led efforts to align budgeting and resource allocation while advocating for diversity, equity and inclusion both in financial planning and through personal advocacy.
2 min read
Headshot of Marlys Schoenwetter against a blue and green background
  • Leadership
  • | Membership

Unsung Hero: Marlys Schoenwetter, New Covenant Academy

Schoenwetter served in a 13-year dual headship role overseeing non-academic operations, during which she modernized compensation practices and secured critical funding for the school.
2 min read
Sunlight streams from behind a dark cloud.

Projections  

  • Cash Management
  • | Endowment
  • | Planning

The Silver Lining in a Cloudy Economic Forecast

The markets may shift in the new fiscal year, but independent school business leaders can be prepared.
7 min read
CIA bees

Feature  

  • Communication
  • | Enrollment
  • | Financial Aid

The Deal(ing) is Done: Handling Financial Aid Requests This item is protected.

An increasing number of high-income families are seeking financial aid awards, requiring ever clearer communication and processes.
12 min read
Basketball exiting a hoop net.

CEO Notebook  

  • Change Management
  • | Leadership

Bring the Magic: 7 Ways to Lead with Impact

From basketball courts to boardrooms, Magic Johnson’s leadership playbook offers timely wisdom for business leaders entering a new school year.
4 min read
Headshot of Michael Saich against a blue and green NBOA-branded background
  • Leadership
  • | Membership

Unsung Hero: Michael Saich, The Washington Market School

Michael Saich led the creation of Washington Market School’s first transparent salary scale and played a key role in the school’s first head of school search.
2 min read
Headshot of Rachel Mathews against a blue and green NBOA background.
  • Leadership
  • | Membership

Unsung Hero: Rachel Mathews, The Mabin School

In just five years, Rachel Matthews has led the school’s first capital campaign, overseen its first major construction project and more.
2 min read
If This Then That

Feature  

  • Budget
  • | Endowment
  • | Planning

If This, Then That: Scenario Planning in an Unpredictable Economy This item is protected.

When the economic forecast is unclear, savvy school leaders are planning with multiple scenarios in mind.
12 min read

IN THE NEWS

Advertisement
T,I,A,A, ,I,n,c,o,m,e, ,i,s, ,a, ,b,e,t,t,e,r, ,o,u,t,c,o,m,e
Advertisement

NET ASSETS PODCAST

Net Assets Podcast

Listen to the latest episode of the Net Assets podcast.

Get Net Assets NOW

Subscribe to NBOA's free twice-monthly newsletter.

SUBSCRIBE