CEO Notebook | Schools are meeting the moment, and enrollment trends are encouraging, but unforeseen expenses are putting a dent in those gains. Jeffrey Shields, FASAE, CAE NBOA President and CEO Social distancing, working from home and long stretches without seeing family and...
Financial Management | Independent schools’ reliance on alternative forms of revenue may pose problems as significant as heavy reliance on tuition. Article by Elizabeth Dabney From the July/August 2020 Net Assets magazine Risk management goes beyond buying the right insurance,...
Financial Management | While annual giving did not dip precipitously, most schools shouldn’t count on it to fill the gap between net tuition and expenditures. Article by Elizabeth Dabney From the May/June 2020 Net Assets magazine In the July/August 2019 issue of Net Assets, my...
Enrollment & Financial Aid | Schools are considering revenue and expense levers beyond tuition and financial aid to plan a viable future. Article by Jennifer Osland Hillen From the November/December 2019 Net Assets magazine One could argue that almost all students enrolled...
Enrollment & Financial Aid | Three tools to communicate financial aid decisions more clearly may help mitigate families’ confusion and bargaining. Article by Vincent Quirk, Shady Hill School From the November/December 2019 Net Assets magazine Feature image courtesy of...
Financial Management | Operating margin, net tuition revenue and expendable resources were up for more schools in the West and fewer schools in the Mid-Atlantic and Texas. Article by Mary Kay Markunas From the July/August 2019 NetAssets magazine This past spring, NBOA staff...
(From Journal of Accountancy) In late May, the Financial Accounting Standards Board issued a standard that makes non-for-profits eligible for the private company alternatives on accounting for goodwill and accounting for identifiable intangible assets in a business combination. The standard will...
(from Nonprofit Quarterly) The decision to pursue additional revenue streams is a vital strategy question for many nonprofit organizations, including independent schools. A growing body of research points to the potential pros and cons of revenue diversification. Pros can include greater ...
(from the Source) Vendor contracts can apply to a broad range of operations at independent schools, including transportation, food service, construction, design, facilities management and office supplies. Best-in-class contracts and agreements support financial accountability, strengthen working...
Article by Tom Sneeringer, RSM US LLP This article is an online-only supplement to Sneeringer's feature article, " Implementing the New Accounting Standards: Revenue Recognition and Financial Reporting " in the March/April 2018 Net Assets magazine. This information is for general...
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