Net Assets Financial Management Articles

Financial Management

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  • Endowment
  • | Publications
  • | Research

Independent School Endowments Down 11.3% for Fiscal 2022

This year’s Communfund Benchmarks Study reveals the largest year-over-year reversal in average annual independent school endowment returns since the study began.
3 min read
maximize cash
  • Cash Management
  • | Investments

Maximizing Interest on Cash

While it’s prudent to have some liquid resources on hand, your school can be earning money at the same time through a variety of strategies.
7 min read
  • Budget
  • | Facilities

Business Office Basics: The Annual Capital Budget & The Multi-Year Plant Renewals Schedule

These two schedules go hand in hand – each supports the other.
4 min read

Feature  

  • Boards and Trustees
  • | Budget
  • | Leadership

Strategic Financial Planning with the NBOA Heat Map

The financial sustainability heat map has helped schools in areas from board communication to strategic planning. Here are four school’s stories.
16 min read
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  • Budget
  • | Leadership
  • | Planning

Business Office Basics: Financial Equilibrium

A balanced budget is nice, but it is not enough.
4 min read
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  • Budget

Business Office Basics: Preparing Next Year’s Operating Budget for the January Board Meeting

You can sharpen finance committee discussion using sensitivity analysis and improve your presentation to the board of trustees with a waterfall chart.
5 min read

Projections  

  • Budget
  • | Financing

Today’s Price for Timeless Value

Resist letting fears of escalating inflation hijack your tuition-setting and budget-setting conversations this school year.
6 min read
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  • Budget
  • | Forms
  • | Planning

Business Office Basics: The Department Budget Request Form

Distributing a budget request form in the fall will build good will across the school and give you a comprehensive view of school needs and wants.
4 min read
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Strategies  

  • Budget
  • | Enrollment

The Cost-Per-Enrollment Calculation This item is protected.

While the calculation requires collaboration, the results can help schools achieve their goals more efficiently.
5 min read
inflation concept art
  • Budget
  • | Financing
  • | Investments

Independent Schools Brace for the Headwinds of Inflation This item is protected.

To react quickly and appropriately to new market conditions, independent schools should understand inflation trends and prepare for potential outcomes.
5 min read
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  • Accounting
  • | Financing
  • | Procedures

Business Office Basics: The Monthly Operating Statement (P&L) and Quarterly Balance Sheet

These financial reporting strategies can help business officers and their finance teams focus on value-added initiatives and strategic work to to improve their school's governance and control.
4 min read
  • Facilities
  • | Planning

Wellness by Design: Ideas and Actions for a Healthier Campus

To help combat adolescent stress and to give both students and staff a breather, schools are investing in school wellness centers that emphasize connectedness.
7 min read

CEO Notebook  

  • Reports
  • | Research

Context Makes School Data Actionable

When presented with purpose, financial data can make all the difference in preparing your school for the road ahead.
4 min read
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Other Duties As Assigned  

  • Accounting
  • | Leadership
  • | Membership

A Seat at the FASB Table

This business officer represents independent schools on the FASB Not-for-Profit Advisory Committee.
4 min read
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Strategies  

  • Investments
  • | Policy
  • | Risk Management

Developing a Cryptocurrency Policy This item is protected.

Accepting cryptocurrency is relatively straightforward, but holding it requires careful consideration.
3 min read
Image of Zoe Schwam coaching hockey at Portledge School

Other Duties As Assigned  

  • Accounting
  • | Membership

If the Hat Fits, Wear It

Holding roles as diverse as hockey coach and human resources director, this now director of financial reporting has deep connections across her school.
3 min read

CEO Notebook  

  • Membership
  • | Planning

NBOA’s New Strategy Begins and Ends With You

Member insights were crucial in developing NBOA’s new strategic framework – and we’ll need your feedback today and going forward to assess its progress.
5 min read
Photo of the Pine Crest School business office staff.

Voices from the Field  

  • Cash Management
  • | Reports

Piece by Piece

The 2022 recipient of the Ken White Distinguished Business Officer Award, Nancy Greene, is known for mastering advanced strategies in finance and risk, and communicating their importance to colleagues and peers.
9 min read
Miss Porter's School students
  • Diversity and Inclusion
  • | Endowment

Room to Grow: Becoming an Anti-Racist Institution

Miss Porter’s School has leveraged its large endowment and operating budget to challenge systemic racism. Miss Porter's is one of three schools to receive this year's Innovation Excellence Award.
4 min read

CEO Notebook  

  • Budget
  • | Change Management
  • | Leadership

Low-Cost, High-Impact Innovation

As we move away from the forced changes of pandemic years and into intentional innovation, consider a few low- to no-cost efforts successfully undertaken by colleges and universities.
5 min read