From the archives: Economic recovery drives "a perfect storm" of financing for major construction at independent schools. But there’s a new sense of caution this time.
10 min read
From the archives: Can lowering tuition rates widen and diversify applicant pools? “Everything is on the table.”
11 min read
Is your school making the most of its technology budget? How do you know if faculty, students and staff are fully utilizing new resources?
3 min read
From the archives: NBOA’s 2015–2016 Facilities Budgeting and Staffing Survey Report illustrates independent schools’ struggles to maintain their biggest assets.
2 min read
Independent schools are bracing for upcoming FASB changes. A number of NBOA resources can help.
3 min read
Projections
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Boards and Trustees
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Budget
Good data tells a story clearly, persuasively and impactfully.
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Human Resources
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Investments
Is it time to reassess your school’s 403(b) default investment strategy? QDIAs gain traction as options for retirement readiness.
5 min read
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Accounting
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Risk Management
Why using COSO’s time-tested framework for internal controls may be in your school’s best interest
7 min read
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Key Strategic Finance
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Planning
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Risk Management
A dashboard tells you where you have been. A “heat map” reveals your progress toward your destination.
8 min read
The chair of NBOA’s Board of Directors reflects on the not-for-profit difference, the CFO-head of school partnership and the omnipresent topic of financial sustainability.
10 min read
Schools are using reports and models that move school leaders away from minutiae and toward mission-motivated planning and action. “We tell a story.”
10 min read
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Employee Benefits
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Facilities
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Tax
Tax-free or subsidized on- or off-campus housing is among independent schools’ most generous fringe benefits for select staff, as well as among the most misunderstood in terms of potential tax liability.
7 min read
Seeking new long-term revenue sources without losing sight of their missions, independent schools get entrepreneurial in digging into their real estate. “Land is an asset you can’t get back.”
11 min read
Establishing or reallocating capital funds for PPRRSM is one of the greatest intergenerational gifts an institution can make.
6 min read
For most independent schools, there is no better marketing expenditure than investing in facilities.
3 min read
As schools consider adding innovative new learning spaces, business officers must evaluate possibilities through the lens of their budgets and strategic goals.
13 min read
As technology advances, so does the proliferation of more complex fraud schemes—sometimes involving staff.
11 min read
I saw the transformation firsthand in higher education. As technology played a larger role within academic programs, and colleges and universities migrated more operations online, technology directors—who typically repor
2 min read
Financial dashboards brighten as tools for helping schools recognize trends and engage constituencies. The key is knowing which data and metric points to measure.
8 min read
With the spring thaw comes the inevitable rush of construction activity on independent school campuses. This year, the shadow of financial sustainability might make those mounting expenditures even more concerning than u
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