Net Assets Articles

Article Archive

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  • Admission
  • | Tuition

Admissions Reboot

A challenging enrollment environment underscores the call for stepped-up market research and more rigorous collaboration between schools’ business and admissions functions.
8 min read
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  • Facility Rental
  • | Summer Camp

Nothing but Net: Auxiliary Programs for Non-Tuition Revenue

Beyond summer camps and after-school programs, independent schools are taking second looks at auxiliary programs and their promise of net non-tuition revenue.
14 min read

CEO Notebook  

  • Maintenance
  • | PPRRSM

The High Price of Neglecting PPRRSM

It's widely accepted as best practice for independent schools to maintain three percent of the total cost of replacing the physical plant in a separate budget called PPRRSM (provision for plant replacement, renewal and s
2 min read

CEO Notebook  

  • Boards and Trustees
  • | Governance

A Pulse Check for Your Board

One of the greatest challenges of any nonprofit board is to ensure that its conversations are both generative and strategic. Frustratingly, boards too often get mired in committee work. As a consequence, the full board s
3 min read
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After School  

  • Culture
  • | Trips

After School: Gifts Beyond the Business Office, and the Classroom

A former chief financial officer connected with the students at her school by chaperoning overnight trips.
4 min read

CEO Notebook  

  • Culture
  • | Leadership

All Business ... Some of the Time

"The bean counters are taking over the world!" A school faculty member posted this on Twitter, the implication being that the "numbers people" were influencing too many decisions at his school. I don't know a single busi
3 min read
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  • Accounting
  • | Compliance

A Major Overhaul for Independent School Financial Statements

What’s in the FASB’s proposed changes to nonprofit financial statements? A look ahead.
6 min read

CEO Notebook  

  • Boards and Trustees
  • | Compliance

A New School Year, a Bold Guide to Change

It's often been said that the only constant is change. As we enter another school year, this cliché is spot-on.
3 min read
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  • Risk Management
  • | Technology

Greetings from Kazakhstan: Hackers Target Independent Schools This item is protected.

From the archives: A sinister email, a twisted digital trail and an eye-opening journey into the realm of cybersecurity. One school's story. 
14 min read

CEO Notebook  

  • Communication
  • | Enrollment

What Keeps Us Up at Night

"What keeps you up at night?" I get that question fairly often, including very recently from a head of school who I consider a thought leader within the profession. You might identify with my response of late. It covers
3 min read

CEO Notebook  

  • Admission
  • | Enrollment

The Word on School Websites

The next time a prospective parent checks out your school, there's a good chance they'll do it from their phone or tablet computer. Whether they're waiting in line at the grocery store or sitting at a café, and wh
2 min read

CEO Notebook  

  • Leadership
  • | Technology

Heads of School, Financial Chops and Summer Learning

As business officers know too well, there really is no such thing as downtime anymore in independent schools. The summer is busy with wrapping up the prior school year and preparing for the one ahead. NBOA is no differen
2 min read
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After School  

  • Culture

After School: the Rides of His Life

Riding bicycles to raise money and save rides.
4 min read
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  • Compliance
  • | Human Resources

Renewed Emphasis on Independent Contractor Misclassifications

Key questions that help you get the classification right.
4 min read
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  • Compliance
  • | Trips

International Student Homestays: Panacea or Pandora's Box?

For U.S. independent day schools and boarding schools alike—and economically as well as culturally—there is much to like about the potential for an international student “homestay” program.
9 min read

CEO Notebook  

  • Boards and Trustees
  • | Governance

Exceptional Governance

With the busiest part of the school year behind most of us, I invite you to consider your school's Board of Trustees in the context of the NBOA Board of Directors. Our Board is probably similar to yours in some ways, yet
3 min read

CEO Notebook  

  • Leadership
  • | Membership

The NBOA Difference

As your school year winds down, your professional association's planning for next year is already ramping up. Last week, members of the NBOA staff assembled in Washington, D.C., to identify and plan the vast array of NBO
3 min read
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After School  

  • Culture

After School: Weekend Warrior

Why one business officer trained to be a Licensed Battlefield Guide at Gettysburg.
4 min read

CEO Notebook  

  • Facilities
  • | Technology

The AltSchool Promise of Every Independent School

It's been a spring of heavy travel, and at each independent school I visit the topic of technology invariably arises. The questions go something like this: What role should technology play in our delivery of preK–1
3 min read
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  • Athletics
  • | Facilities

Exercising Their Options

With students getting less unstructured playtime at home, independent schools are making high-tech and low-tech investments alike in exercise facilities, equipment and philosophies.
9 min read

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