Net Assets Articles

Article Archive

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  • Planning

Position of Strength: A Case Study in Strategic Sustainability Planning

Drawing on extensive data analysis and in-depth, campus-wide discussions, leaders at Greenhill School are on a five-year path toward reducing costs, increasing revenue and sustaining a financially diverse student body.
11 min read
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  • Audit
  • | Tax

In Audit Roulette, the House Always Wins

From the archives: The IRS took a closer look at independent schools’ Form 990s, employee fringe benefits and more in the 2015–2016 school year.
5 min read
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  • Enrollment
  • | Tuition

Net Tuition Revenue: the Only Number That Matters This item is protected.

Robust enrollment remains critical — but the real emphasis (for a growing number of schools) is net tuition revenue. Results: improved enrollment, net revenue and overall financial stability.
13 min read
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  • Communication
  • | Enrollment

5 Minutes With Liza Fisher Norman and Rob Norman, InspirED School Marketers

Veteran independent school marketers discuss the importance of a school’s website in enrollment management, targeted recruitment and retention.
7 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2017/07/Unsung_Hero_-_Julia_Veenstra.png
  • Leadership

Unsung Hero: Julia Veenstra, Des Moines Christian School

The Will J. Hancock Unsung Hero Award is given to business officers who have made extraordinary contributions to their schools and exemplify exceptional integrity, knowledge and motivation. At the end of each school year
2 min read
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CEO Notebook  

  • Enrollment
  • | Tuition

When Will Your Families Hit a “Tuition Ceiling”? This item is protected.

A pricing and tuition study can shed light on the changes your school may need to make. Lessons from Exeter.
5 min read
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  • 403b
  • | Employee Benefits

403(b) Compliance: Avoid These Jams

2020 is years away, but now is the time for schools to ensure 403(b) plan compliance — on paper as well as operationally.
3 min read
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  • Cash Management
  • | Leadership

Leap of Faith

This small school overcame multiple challenges and expects a bright future under a strategic partnership between the head of school and business officer, now in their third year of working together. “We both took a risk.
10 min read
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  • Policy
  • | Risk Management

The Concussion Effect

From the archives: Mitigating the risk of TBI: As injuries, awareness and claims increase, schools get serious about reducing traumatic brain injuries — and supporting students’ healthy recoveries.
10 min read
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After School  

  • Culture
  • | Leadership

After School: Guardians of the Greenery

Keep close to nature's heart ... and break clear away, once in a while, and climb a mountain or spend a week in the woods. Wash your spirit clean. —John Muir
4 min read
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  • Leadership

Unsung Hero: Gil Thornfeldt, Taft School

The Will J. Hancock Unsung Hero Award is given to business officers who have made extraordinary contributions to their schools and exemplify exceptional integrity, knowledge and motivation. At the end of each school year
2 min read

CEO Notebook  

  • Leadership

3 Habits of Innovative K-12 Business Officers

Let’s reject once and for all the notion that innovation and fiscal responsibility are at odds.
3 min read
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Mission & Motivation  

  • Leadership
  • | Technology

Mission & Motivation: A Place at the Leadership Table for School Technology Directors

Technology has become too integral to school operations for it to be compartmentalized.
4 min read
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Risk & Compliance  

  • Human Resources
  • | Legal
  • | Risk Management

Risk & Compliance: Avoid These Common Worker Misclassification Errors This item is protected.

Schools must remain vigilant about DOL classifications.
5 min read
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  • Labor Law

"A Challenge for a School Mid-Year": Overtime Rule Responses

Joint response to DOL request for information on aborted overtime rule captures schools' best intentions, costly frustrations.
3 min read
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  • Human Resources
  • | Procedures

Red Flags and Defined Boundaries: Preventing Campus Sexual Abuse

Understanding these eight organizational principles will help protect students and staff.
3 min read
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  • Risk Management

Less Stability for Boarding Students’ Health Insurance

Independent school administrators seek answers as an imminent change in ACA regulations makes health insurance more difficult for boarding school students to get.
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2017/09/Rear-View-Reflections-Sept-Oct-2017.jpg
  • Leadership

Rear View Reflections

As they leave the world of independent schools, veteran business officers share what they learned, loved and wish for their successors. “You can never close your eyes.”
7 min read
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5 Minutes with  

  • Leadership
  • | Technology

5 Minutes with Richard Oliver: Taking Risks, Moving Forward

A pioneer in online learning discusses how his institution found its sweet spot, achieves 96 percent student satisfaction and embraces the automated advantages of true “digital” education.
9 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/e163ffec-becc-41e4-9036-e29c1de4ec50/2017Q3/Keeping-Our-Fingers-on-the-Pulse.jpg

CEO Notebook  

  • Enrollment
  • | Facilities

Keeping Our Fingers on the Pulse

NBOA’s board members are thinking about facilities construction, capital campaigns, community relations and the impact of millennial parents on enrollment. What about your school?
4 min read