Leaders today struggle to strike the right balance between using data, intuition and judgment when making decisions.
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Gift
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Investments
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Planning
From the archives: Unexpected donations present schools with wonderful opportunities, and sometimes challenges. “It’s really hard to turn down big money.”
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Little-known rule lets qualifying schools limit donor reporting to contributions larger than the standard $5,000 threshold.
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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
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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.
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Schools should closely examine their bank-based tax-exempt financing to determine if tax changes triggered a reissuance.
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This person can be a “three-fer,” providing leadership in the business office, the perspective of a consultant and guidance in the hiring of the new CFO.
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Initial reporting from BIIS data-collection platform reveals modest declines in schools’ financial footing. Is the trend real — or a temporary illusion?
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But W-4s will likely not change for at least another year.
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Debt
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Regulatory Updates
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Tax
Independent schools might breathe a small sigh of relief in reviewing the final compromise version of the sweeping tax overhaul legislation released December 15 by the House and Senate conference committee. The 1,097-pag
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The GOP rush toward major tax legislation accelerated last night when Alabama GOP Senate candidate Roy Moore lost in an upset to Democrat Doug Jones, adding to pressure on the party to notch a legislative win. In a final
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Experts believe the final version of the federal tax bill that reconciles the House and Senate versions will likely pass by year's end. Details are uncertain, but it is likely that tax-exempt lending will take a hit.
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Our facilities colleagues have a lot to teach us. Bring them to the decision-making table sooner rather than later.
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The final version of the GOP tax bill will likely contain at least some new legislation that could harm the financial health of independent schools. The Senate bill, passed early Saturday morning, will next be reconciled
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Are teachers actually using the ed tech tools your school supports?
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Accounting
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Risk Management
Third-party businesses support schools as payment hubs for vendors.
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On August 31, a federal judge in Texas struck down the Obama-era federal overtime rules that would have raised the minimum salary level for exempt employees under the Fair Labor Standards Act from $23,660 to $47,476. Man
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Article by Jennifer Osland Hillen
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