Net Assets Articles

Article Archive

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
Six round tokens with gear icons, five white with blue gears and one red with a black gear, arranged vertically on a dark surface.

Risk & Compliance  

Errors That Drive Sexual Abuse Claims This item is protected.

Experienced defense lawyers examined recent nuclear verdicts and identified top missteps in mitigation and response.
6 min read
Photo of Robert Haugh, a white man in a blue and white shirt, against a blue and green NBOA background
  • Leadership
  • | Membership

Unsung Hero: Robert Haugh, Francis W. Parker School

A steward, strategist and connector, Bob Haugh has spent 21 years strengthening the school’s financial foundation while uplifting the people within it.
2 min read
Photo of Emily Evans, a white woman with brown hair, against a blue and green NBOA background
  • Leadership
  • | Membership

Unsung Hero: Emily Evans, Follow the Child Montessori School

From securing major loans to teaching staff how to express appreciation, Emily Evans blends strategic foresight with human-centered leadership.
2 min read
resized chalk image

Business Intelligence  

  • Debt
  • | Key Facilities

Plant Debt and Independent School Finances This item is protected.

Smaller schools are more likely than larger schools to have plant debt greater than their unrestricted and temporarily restricted net assets.
4 min read

CEO Notebook  

  • Governance
  • | Leadership

Summer Listening for Boards and School Business Leaders

Board work is never a breeze, but immediate past and current chairs of the NBOA Board recently shared what they think makes the work easier and more productive.
5 min read
  • Human Resources
  • | Legal
  • | Tax

The One Big Beautiful Bill Act: What Independent Schools Need to Know This item is protected.

The OBBBA will likely impact scholarships, giving and HR at your school.
6 min read