Net Assets Articles

Article Archive

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
Temporary classroom of St. Matthew's Parish School
  • Crisis Management
  • | Facilities
  • | Risk Management

Pivoting the Business Office During a Crisis This item is protected.

A paperless business office with remote office practices was critical in maintaining business operations and ensuring continuity in the aftermath of the Palisades Fires.
4 min read
Lesley Kaneshiro
  • Leadership
  • | Membership

Unsung Hero: Lesley Kaneshiro, Mid-Pacific Institute

A former parent and board member, Kaneshiro brought a fresh perspective and fiscal discipline to the business office.
2 min read
Michael Joyce
  • Leadership
  • | Membership

Unsung Hero: Michael Joyce, Marin Academy

Joyce’s leadership on compensation issues has brought greater clarity to pay practices and employee financial literacy.
2 min read
Close-up of a glowing light bulb hangs from the ceiling, with a blurred group of people collaborating at a table in the background.

CEO Notebook  

  • Leadership
  • | Membership

This Cohort Means Business

The latest cohort of the NBOA Leadership Academy will maximize their business leadership skills while looking for alternative solutions to common problems in the field.
4 min read
Ray Hecht
  • Leadership
  • | Membership

Unsung Hero: Ray Hecht, The Storm King School

Hecht oversaw a transformative 45% growth in enrollment, positioning the school for long-term success.
2 min read
Photo of Ari Hausman against a blue and green NBOA background
  • Leadership
  • | Membership

Unsung Hero: Ari Hausman, The Fletcher School

Hausman improved financial forecasting accuracy and led system migrations that enhanced benefits and streamlined operations.
2 min read
wresting feature image

Wrestling with Responsibilities

The CFOO role can inform the approach to coaching wrestling and vice versa.
5 min read