Net Assets Financial Management Articles

Financial Management

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  • Regulatory Updates
  • | Tax

NBOA Alert: House Tax Proposal Has Significant Implications for Independent Schools

Tuition deductions, housing allowances among tax-free benefits on chopping block.
5 min read

Mission & Motivation  

  • Leadership
  • | Planning

Mission & Motivation: A Foundation of Trust

The benefits of internal leadership succession are too great for schools to ignore.
4 min read
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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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  • 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
  • Budget
  • | Planning

A Better Way to Benchmark: Business Intelligence for Independent Schools

A breakthrough data collection platform built by business officers for business officers is coming soon.
3 min read
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  • Accounting
  • | Leadership

Unsung Hero: Elise Murphy, The Lamplighter 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
1 min read
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  • Budget
  • | Communication

Explaining the Numbers, Building the Trust

From the archives: Financial rumors, speculation and grumbling can harm community morale. With students from nearly 50 countries, this school’s commitment to financial transparency builds trust, support and confidence am
5 min read
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  • Budget
  • | Employee Benefits

Confronting the Pain of Health Care Costs

From the archives: Facing rising costs and new ACA rules, independent schools take closer looks at alternative models of health care delivery.
12 min read
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Business Intelligence  

  • Budget
  • | Planning

Business Intelligence: The Independent School Composite Financial Index

NBOA–NAIS partnership will spawn new frameworks for strategic conversations about the financial health of independent schools.
3 min read
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  • Accounting
  • | Facilities

Fixed Assets, Unpredictable Accounting This item is protected.

Don't be caught off-guard when it comes to your campus's valuable fixed assets, whatever their condition and stage of life.
8 min read
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  • Endowment
  • | Investments

For Schools' Investment Strategies, It's Steady as She Goes

Normalized interest rates, rising equity yields and greater institutional liquidity: These three trends are helping to shape the investment environment in the early days of the Trump administration, according to executiv
2 min read

CEO Notebook  

  • Budget
  • | Planning

Thriving with a Chronic Condition

Goodbye, William Baumol. And hello, economic reality. It’s time to acknowledge that you’ve been there all along, and you’ll likely outlive us all.
2 min read
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Business Intelligence  

  • Endowment
  • | Investments

Business Intelligence: Losing Ground on Endowment Returns

Schools adjusted their asset allocations in hopes of a stronger 2017.
2 min read

Projections  

  • Leadership
  • | Planning

Projections: Business Leadership to Learn From

The business-savvy head of school assesses the school's financial strengths, supported by the business officer, and pulls the right financial levers to ensure the school thrives. 
4 min read

CEO Notebook  

  • Culture
  • | Planning

When Does a Retreat Help Your School Advance?

“Why do we call it a ‘retreat’ if our purpose is to move forward?”
4 min read
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Business Intelligence  

  • Budget
  • | Financing

Business Intelligence: How Fit Are Your Facilities?

Your school's capital spending ratio reflects the health of its most valuable asset.
2 min read
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  • Change Management
  • | Leadership
  • | Planning

Stronger Together: the Case for School Mergers

Is it time to consider merging with another school? “Everybody wants to be part of a winning team.”
12 min read
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  • Endowment
  • | Enrollment
  • | Facilities
  • | Financial Aid
  • | Leadership

Solutions, Collegiality Light up 2017 NBOA Annual Meeting

More than 1,300 attendees made the Washington gathering the biggest-ever of independent school financial and operational leaders. A recap in tweets.
3 min read
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  • Accounting
  • | Tax

Learning to Love Other Schools’ 990s

From the archives: Six small independent schools, four years of 990 data and some universal truths about financial sustainability.
8 min read