Net Assets Articles

Article Archive

CEO Notebook  

  • Leadership
  • | Planning

Good Data and Good Judgment: a Dynamic Duo

Leaders today struggle to strike the right balance between using data, intuition and judgment when making decisions. 
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2018/04/Garber-LearningSpace-MJ18_CG.jpg
  • Culture
  • | Facilities

Every Inch a Learning Space This item is protected.

Multi-use learning spaces pay off for schools that think flexibly about their programs and resources. “A building doesn’t necessarily have to be cutting-edge architecturally to be cutting-edge pedagogically.”
13 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2018/04/iStock-683988510.jpg
  • Legal
  • | Technology

Schools Scramble to Comply with EU Privacy Law

Technical staff at many independent schools are working hard to meet the May 26 deadline for compliance with the General Data Protection Regulation (GDPR), a European Union law that regulates the way organizations handle
2 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2018/04/iStock-802915048.jpg
  • Human Resources
  • | Performance Management

A Higher “Talent Quotient” for Stronger Enrollment

Staff quality “goes up in years and down in minutes.” Don’t risk even one poor hiring decision.
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2018/04/iStock-627225530.jpg
  • Employment
  • | Legal

Trends to Watch in Employment Law

Article by Grace H. Lee
4 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2015/03/Windfalls.jpg
  • Gift
  • | Investments
  • | Planning

Windfalls, with Strings This item is protected.

From the archives: Unexpected donations present schools with wonderful opportunities, and sometimes challenges. “It’s really hard to turn down big money.”
10 min read
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

CEO Notebook  

  • Leadership

The Risks of Absent Leadership

Counterproductive leadership behaviors include distancing, overpowering, conforming — and failing to engage. 
3 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/2018/04/iStock-677021566.jpg
  • Governance
  • | Leadership

Innovation, Collaboration Help Small Colleges Weather Challenges

Article by Cecily Garber
3 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/BIIS_revenue_per_student.png
  • Governance
  • | Planning

A Tool for Sparking More Informed Decisions, Better Board Conversations

Why should business officers take the time to enter data into BIIS (Business Intelligence for Independent Schools), NBOA’s new data collection and reporting platform? Besides the fact that it was built for business offic
4 min read

CEO Notebook  

  • Culture

New Faces, New Roles at NBOA

Healthy organizations are designed to sustain a variety of changes. Bring them!
3 min read
  • Accounting
  • | Cash Management

Accounting Standard Updates Impact Leases and Restricted Cash

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/iStock-693277682.jpg
  • Financing
  • | Tax

Corporate Tax Change Could Make Schools' Tax-Exempt Bonds Taxable

Schools should closely examine their bank-based tax-exempt financing to determine if tax changes triggered a reissuance. 
3 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
  • Leadership
  • | Safety and Security

Standing for Student and School Safety

Growing list of independent school associations urge officials to take action against guns.
1 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