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It’s Time to Commit

Projections | From the archives: How can online learning simultaneously mitigate the financial pressures facing our schools and reinforce our ability to personalize the learning experience? This article originally appeared in the September/October 2015 Net Assets magazine . Jeffrey...


Blog Entry
Your Everyday Pursuit of Financial Health

CEO Notebook | A few tools can help school leaders and the board understand long-term school finances more clearly, talk more productively and act more proactively. Jeffrey Shields, FASAE, CAE NBOA President and CEO Like many of you, I have been paying close attention to financial...


Blog Entry
Accounting Standard Updates Enter Second Year

Financial Management | Article by Christopher S. Maynard, Klatzkin & Company LLP As we near the end of fiscal 2019, business officers can look back on a full year of implementing the (relatively) new not-for-profit accounting standard updates. The Financial Accounting Standards...

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Students Participate in Budget Decisions

(from Hechinger Report) This year, New York City became the second school district in the nation to allow participatory budgeting, in which students have a say in the school budget (Phoenix was the first a few years ago). The process teaches students how to identify needs in their schools, find...


Blog Entry
New Tool Calculates ROI on Mental Health Investments

(from the American Council on Education) Investing time and resources in student mental health makes good academic and economic sense for colleges and society at large, according to recent research by the American Council on Education. How much those investments pay off can be measured using...


Blog Entry
Three Positive Trendlines on the Cusp of Spring

CEO Notebook | Data show independent school finances improved last year, in terms of net tuition revenue, expendable financial resources and annual giving. Jeffrey Shields, FASAE, CAE NBOA President and CEO As I prepare to “ride the waves of change” with many of you next week at...


Blog Entry
New Tool to Analyze College Expenditures

(from Inside Higher Ed) The American Council of Trustees and Alumni earlier this month released a new website on college expenditures. Drawn from federal data, the site provides eight years of the most recently available figures on administrative and instructional spending patterns for 1...


Blog Entry
Business Intelligence: Markers of Sustainability

Financial Management | Assessing a school’s perceived value in the marketplace is one of several key data points that signal its financial health. Article by Mary Kay Markunas From the November/December 2018 Net Assets magazine What data points should independent schools focus on to...


Blog Entry
The Financial Aid Conundrum

Projections | How can schools employ mission-fit financial aid awards without harming their financial health? From the November/December 2018 Net Assets magazine Jeffrey Shields, FASAE, CAE NBOA President and CEO Picture a group of business officers having dinner, when one asks...


Blog Entry
Unsung Hero: Diana Rego, Mercy High School

Leadership | Rego provides strategic counsel and has modernized everything from collections and benefits to campus security and financial aid. The Will J. Hancock Unsung Hero Award is given to business officers who have made extraordinary contributions to their schools and exemplify...