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Business Intelligence: Financial Planning Tools Get an Upgrade

Financial Management | Improvements to the BIIS data collection platform and The NBOA Financial Dashboard should make budgeting and planning that much easier. Article by Mary Kay Markunas From the September/October 2019 NetAssets magazine Yes, it is that time of year again when...


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Invitation to the Dance: Mergers & Acquisitions

Financial Management | Which independent schools should consider a merger? All of them. It’s not about profits, but rather perpetuating the mission in a changing marketplace. Article by Chad Tew, LearnCollab From the September/October 2019 NetAssets magazine The following is an...


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Found Money: Untapped Income Opportunities

Financial Management | Look closer. Could there be untapped income opportunities in your facilities, your programs, your operating cash and reserves? Article by Leah Thayer From the March/April 2019 Net Assets magazine Feature image: A chartered bus service brings several...


Blog Entry
Closures of Private Colleges Increase

(from Inside Higher Ed) About 11 private colleges are closing each year, a rate expected to near 15 in the years ahead, according to a new report from Moody's Investors Service. Continued financial pressures, combined with demographic changes in the Northeast and Midwest in particular, are...


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Corporate Tax Change Could Make Schools' Tax-Exempt Bonds Taxable

Financial Management | Schools should closely examine their bank-based tax-exempt financing to determine if tax changes triggered a reissuance. Article by Charles E. Procknow, George K. Baum & Company This information is provided for general educational purposes only. It...


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CFO Optimism High After Tax Changes

(from the Journal of Accountancy) Financial decision-makers at large U.S. businesses are showing unprecedented optimism in response to changes in domestic tax law, according to a survey from the Association of International Certified Professional Accountants. CFOs, chief accounting officers,...


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More Educational Partnerships Predicted for 2018

(from EdSurge) After a 2017 of mergers and closures among private colleges and universities, experts forecast a growing reliance on collaboration and partnerships — among educational institutions as well as between schools and for-profit companies — in 2018. For many financially strained...


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Interest on Tax-Exempt Debt and Loans Could Increase in 2018

Financial Management | Experts believe the final version of the federal tax bill that reconciles the House and Senate versions will likely pass by year's end. Details are uncertain, but it is likely that tax-exempt lending will take a hit. More NBOA coverage of tax legislation ...


Blog Entry
GOP Tax Reform Jeopardizes Tax-Exempt Financing for Independent Schools

Financial Management | Article by Jennifer Osland Hillen With pressure on to pass tax reform, the GOP-led House and the Senate have proposed legislation that could impact independent schools in several ways (see: GOP House and Senate Tax Plans Worry Independent Schools ). An additional...


Blog Entry
Struggling Small Colleges Show Nimbleness, Too

(from Inside Higher Ed) As more small private college announce plans to suspend academic operations or close entirely, emerging trend lines are pointing to common vulnerabilities. Many schools are Roman Catholic, many are in the Midwest or Applachia, and all have enrollment below 1,000 students...