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...
(from Bloomberg Technology) Five years after opening, the high-profile for-profit venture AltSchool is showing losses, scaling back ambitions for opening elementary schools around the U.S., and planning to close at least one location, in Palo Alto, California, at the end of the year. The company...
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