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Business Intelligence: The Risks in External Revenue

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,...


Blog Entry
Business Intelligence: Annual Giving, Endowment Returns Held Steady in Fiscal 2019

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...


Blog Entry
Business Intelligence: Landmarks in a Disrupted Landscape

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...


Blog Entry
Strategies: Explaining Aid

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...


Blog Entry
Business Intelligence: Financial Gains Strongest in West in Fiscal 2018

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...


Blog Entry
Accounting May Become Less Complicated

(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...


Blog Entry
Re-evaluating Nonprofit Revenue Diversification

(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 ...


Blog Entry
Best Practices for Vendor Contracts

(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...


Blog Entry
Accounting Standard Updates Impact Leases and Restricted Cash

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...


Blog Entry
AltSchool Shifts Course

(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...