CEO Notebook
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Endowment
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Planning
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Research
More than 1,000 member schools have started data entry so they can reap the benefits of robust analysis and benchmarking in the new year.
4 min read
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Change Management
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Planning
School leaders need to envision multiple possible outcomes when facing risks and opportunities.
5 min read
Schools with smaller and larger endowment may benefit from different approaches.
6 min read
Risk & Compliance
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Debt
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Enrollment
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Planning
Board members and top administrators should know these rules of thumb before problems become too dire to correct.
6 min read
Projections
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Planning
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Procedures
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Technology
As AI capabilities grow rapidly, so does their potential to enhance efficiency and strategic thinking in the business office.
6 min read
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Budget
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Planning
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Research
In FY23, 66% of schools realized a surplus and 34% had a deficit. How did NTR, annual giving, reserves, staffing ratio and additional levers differ between the surplus and deficit schools?
3 min read
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Budget
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Legal
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Membership
This finance director has excelled in regulatory compliance and advanced her school’s policies and handbooks.
2 min read
Business Intelligence
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Budget
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Enrollment
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Research
Day-boarding schools are particularly concerned about lagging boarding enrollment.
4 min read
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Accounting
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Budget
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Change Management
Outsourcing can help independent schools address higher-level priorities, enhance operational capabilities and ensure compliance.
7 min read
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Leadership
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Planning
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Technology
AI offers the independent school business office immediate benefits, and promises a more automated and efficient future.
5 min read
Voices from the Field
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Audit
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Facilities
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Leadership
2024 Ken White Distinguished Business Officer on construction queries, long-term teaching and business officer generosity.
9 min read
Strategies
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Cash Management
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Endowment
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Financing
Every school should have a clear board policy about operating cash and PPRRSM reserves, as well as a plan for using the idle cash.
6 min read
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Budget
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Cash Management
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Food Service
Independent school dining programs leverage financially sustainable strategies to nourish their communities.
13 min read
Risk & Compliance
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Accounting
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Environmental Sustainability
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Tax
Nonprofit independent schools can receive direct cash payments when investing in renewable energy technology.
3 min read
Business Intelligence
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Budget
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Maintenance
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PPRRSM
An increased percentage of independent schools report having a PPRRSM reserve.
3 min read
Feature
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Facilities
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Legal
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Planning
Before purchasing land or accepting a land donation, understand the financial,
legal and local implications.
16 min read
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Accounting
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Risk Management
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Technology
Facing the threat of financial fraud, schools can enhance their financial security by automating accounts payable.
3 min read
Feature
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Debt
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Facilities
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Financing
Despite high interest rates, independent schools are taking on debt to maintain campus and attract students.
10 min read
Feature
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Budget
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Extended Day
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Summer Camp
For some schools, auxiliary programs can significantly help close the gap between tuition revenue and expenses.
13 min read
Day schools averaged a 9.5% return, schools with boarding averaged an 8.4% return.
4 min read
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