Net-Assets-2018-03-Cover

March/April 2018 Issue

Download Complete Issue

ARTICLES FROM THIS ISSUE

https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2018/04/Cataldo-AfterSchool-MarchApril2018.jpg

After School  

  • Culture
  • | Human Resources

After School: Supply and Demand

This business officer provides financial literacy training to students after school hours. Parents want even more.
4 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2018/04/Bamford-MM-MarApr18.jpg

Mission & Motivation  

  • Enrollment

Mission & Motivation: Know Your Niche, Find Your Tribe

By aligning around a compelling vision of its “mission-appropriate customer,” this small school clarified its message, focused its outreach and grew enrollment by 82 percent.
5 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2018/03/iStock-695739828.jpg

Risk & Compliance  

  • Gift

Risk & Compliance: A Potential Break on Donor Reporting

Little-known rule lets qualifying schools limit donor reporting to contributions larger than the standard $5,000 threshold.
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2018/03/Sneeringer-FASB-MA18.jpg
  • Accounting
  • | Reports

Implementing the New Accounting Standards: Revenue Recognition and Financial Reporting This item is protected.

Nonprofit independent schools must address two accounting standard updates, one before the start of the new fiscal year and the other the year after, in most cases.
10 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2018/03/Marcus-Strategies-MA18.jpg

Strategies  

  • Risk Management
  • | Safety and Security

Strategies: Keys to Great Security Guards? Care and Training

The case for extending education and professional development to our schools’ security officers.
5 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2018/03/Freed-Neighbor-MA18.jpg
  • Facilities
  • | Leadership

Town and Gown and Common Ground This item is protected.

Neighbors have the power to make or break schools’ expansion plans. “It’s mission-critical to be active with the town.”
12 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2018/03/Looney-QA-MA18.jpg

5 Minutes with  

  • Governance
  • | Leadership

5 Minutes with Scott Looney: Start of an Era

This outspoken change agent says independent schools can do better for their students, themselves and the industry collectively. That means ditching traditional transcripts, merging in oversaturated markets and “pooling
14 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2018/03/Garber-Storm-MA18.jpg
  • Crisis Management
  • | Safety and Security

Ready for Anything: Preparing for Campus Emergencies This item is protected.

Following a year of widespread natural disasters, independent schools update their crisis management plans.
13 min read

Projections  

  • Governance

Building a Better Board

Governance is not something that is baked and done. It is organic and requires constant attention, time and resources to yield the best results.
4 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2018/02/Pugh-InterimCFO-MA18.jpg
  • Leadership
  • | Planning

The Interim CFO

This person can be a “three-fer,” providing leadership in the business office, the perspective of a consultant and guidance in the hiring of the new CFO.
12 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2018/02/trustees_trust.jpg
  • Governance
  • | Key Governance

In Trustees We (Must!) Trust This item is protected.

Board orientation and engagement get an upgrade as fiduciary responsibilities and risk exposures intensify.
8 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2018/04/iStock-166282163.jpg

Business Intelligence  

  • Budget
  • | Planning

Business Intelligence: Time to Tighten the Belt? This item is protected.

Initial reporting from BIIS data-collection platform reveals modest declines in schools’ financial footing. Is the trend real — or a temporary illusion?
3 min read

ON THE HORIZON

15

years is the target ceiling for a school plant's financial "age."

Get Net Assets NOW

Subscribe to NBOA's free twice-monthly newsletter.

SUBSCRIBE