Net Assets Financial Management Articles

Financial Management

  • Change Management
  • | Enrollment
  • | Planning

Strategic Rightsizing to Strengthen School Operations

Strategic planning led to fewer enrolled students and higher NTR in the case of one boarding-day school.
3 min read
mission spreadsheet
  • Budget
  • | Leadership

Creating a Mission Spreadsheet This item is protected.

Skutt Catholic leaders mapped how different parts of the school’s mission statement aligned with actual expenditures to ensure every dollar is spent purposefully.
4 min read

CEO Notebook  

  • Budget
  • | Membership
  • | Planning

The (Financial) Re-Model You’ve Been Waiting For

NBOA just released version 2.0 of the Long-Range Financial Model, which is more powerful, intuitive and customizable.
4 min read
Art collage displaying a human hand and graduation cap with dollar sign against a beige background.

Business Intelligence  

  • Endowment
  • | Financial Aid
  • | Tuition

Variations in Tuition Discounting by Endowment Level This item is protected.

In 2023–24, schools without an endowment had a similar tuition discount rate as schools with large endowments.
5 min read

CEO Notebook  

  • Leadership
  • | Planning

Your Mission. Our Experts.

With the launch of NBOA Advisory Services, school leaders can receive personalized support in the business office.
4 min read
Projections MJ25

Projections  

  • Budget
  • | Facilities

Transforming Facilities for High Quality Learning

Updating the campus requires investment, but transforming spaces to deliver high-quality learning need not break the bank if you plan strategically.
6 min read
Home Improvement graphic

Feature  

  • Budget
  • | Facilities
  • | Hiring

Home Improvement: Faculty Housing Solutions This item is protected.

When faculty and staff struggle to find housing close to school, creative support may be an order.
13 min read

CEO Notebook  

  • Budget
  • | Planning
  • | Research

Enrollment, Operating Expenses and “the Gap” All Rose Last Year

Business leaders will find key benchmarks of financial and operational health in NBOA’s new Financial State of the Industry report.
4 min read
Two arrows pointing in different directions on a blue background
  • Endowment
  • | Governance

Keys to a Smooth OCIO Transition

When changing how your school’s endowment is managed, consider both key players and key steps involved.
5 min read
tax 2025
  • Accounting
  • | Facilities
  • | Tax

2025 Accounting, Audit and Tax Update for Independent Schools This item is protected.

With no new audit standards this season, now is the time to review current accounting guidance and optimize financial strategies.
7 min read
target hit stock
  • Endowment
  • | Investments
  • | Research

20-Year Net Returns on Endowment Average 6.9% Per New Research This item is protected.

New Commonfund Study of Independent Schools on the latest endowment trends is now available.
4 min read
Rivendell students

Feature  

  • Budget
  • | Planning

Tough Calls: Small Schools Correct Financial Course This item is protected.

When three small schools faced financial challenges, each found its own way to right the ship and perpetuate its mission.
15 min read
stock image of blue arrows pointing up
  • Accounting
  • | Cash Management
  • | Planning

Strengthening Reserves for a Sustainable Future

A new way to assess school finances led to development of a new reserve policy -- and stronger board discussions.
3 min read
navigate maze stock image
  • Accounting
  • | Policy
  • | Tax

Navigating Sponsorships: Tax Implications for Independent Schools This item is protected.

When considering a sponsorship, evaluate the impact of UBIT, reporting and qualified payments.
2 min read
underwater concept
  • Endowment
  • | Legal

Managing Underwater Endowments Amid Market Volatility

A well-crafted policy will help meet both donors’ and the school’s long-term needs.
6 min read
Friends Select School table

Feature  

  • Budget
  • | Enrollment
  • | Tuition

Public Funding, Private Choices: School Choice Funding This item is protected.

More states than ever are offering school choice funding, but are the strings attached worth it?
11 min read
dollar in god we trust

Business Intelligence  

  • Budget
  • | Salary
  • | Tuition

Faith and School Finances This item is protected.

Independent schools with a religious affiliation are more reliant on annual giving than all other types of independent schools.
4 min read
Stock image of schoolgirl sitting on stack of books, shadow of university student on wall
  • Budget
  • | Leadership
  • | Planning

Lessons from a Start-Up School This item is protected.

Jewish Leadership Academy’s business leader shared what he learned about perpetual project management in the three years leading up to the school’s opening.
4 min read
spending investment concept
  • Endowment
  • | Investments

How You Spend vs. What You Spend

If your school’s endowment policy uses the Moving Average methodology, you may want to consider the Constant Growth methodology instead.
7 min read
stock illustration of a man painting over another person's speech bubble
  • Accounting
  • | Culture
  • | Risk Management

Can You Say Anything? Free Speech in Independent Schools

How laws and regulations on free speech apply to nonprofit independent schools as well as policy and cultural considerations.
6 min read