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Diversity and Inclusion
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Endowment
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
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Budget
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Change Management
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Leadership
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
NBOA’s latest book provides key considerations to help professionals new to independent school business succeed in their leadership roles.
3 min read
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Cash Management
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Financial Aid
Mid–2020, business officers predicted a bumpier outcome for FY21 than came to pass. Deficits and cash draws were smaller, while aid awards were higher.
4 min read
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Compensation Strategies
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Employee Benefits
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Tax
Fringe benefits included in head-of-school packages may help attract strong candidates, but be aware of compliance issues.
6 min read
A number of areas, including leases and employee retention credits, may require renewed attention this year.
7 min read
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Boards and Trustees
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Gift
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Leadership
A strong relationship with a long-time donor made this business officer the best person to make a major ask to fulfill a pressing need.
5 min read
NBOA’s new guide outlines the essentials of not-for-profit independent school tax compliance and how to treat compliance risks strategically.
6 min read
Environmental, social and governance practices can impact a school’s credit profile, and mitigating associated risks is key to long-term financial health.
10 min read
Look for new ways to filter data, create presentations and study endowment data with the latest BIIS updates.
3 min read
More independent schools are exploring responsible investing policies and practices.
4 min read
Focusing on 19 key financial indicators over nearly 20 years has helped one business officer ensure her school leverages resources for maximum impact.
6 min read
Business Intelligence
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Enrollment
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Financing
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Salary
While enrollment has declined slightly over the past few years, staffing has increased. How can schools offset increased costs?
4 min read
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Financing
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Investments
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Technology
What business officers need to know about the latest changes in technology and digital strategy.
3 min read
Thorough and consistent documentation is key to success.
4 min read
With careful planning, a mostly remote audit can improve teamwork and more meaningful communication between auditors and school staff.
7 min read
Reserving funds is one way to manage the costs of protecting physical assets.
3 min read
Creating a partnership with the auditor can help ensure that your school is shown in the best light.
5 min read
Developing a tactical campus master plan begins with a future vision of the institution that realigns facilities with mission.
13 min read
Can airtight debt management and a focus on student retention help us emerge in a better financial position than before the pandemic?
5 min read
