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Blog Entry
Four Key Questions for a Post-Pandemic World

CEO Notebook | What is still missing from our new modes of program delivery and how can we leverage the changes we’ve made thus far? Jeffrey Shields, FASAE, CAE NBOA President and CEO While I would wager all of us are looking for a calmer and saner 2021, an objective analysis...


Blog Entry
Planning for 2021 Summer Programs

Facilities | As the COVID-19 pandemic promises to dissipate somewhat but not yet disappear, this summer will be yet another novel experience for independent schools, different from all the summers before. Consider these best practices for safe and successful programming. By Nat...


Blog Entry
Anticipating a Hard Property and Casualty Insurance Market in 2021

Risk Management | These eight strategies can help you lower what are likely to be larger-than-usual increases in the coming year. By Jeff Olsen, Fred C. Church The past year has proven to be one of the toughest insurance years for independent schools since the mid-1980s. Increased...


Blog Entry
Projections: Restoring Our Communities

Projections | While we have reason for optimism in the coming year, we must continue to adapt our human resources strategy to nurture our school communities. From the January/February 2021 Net Assets magazine Jeffrey Shields, FASAE, CAE NBOA President and CEO I’m writing...


Blog Entry
Regulatory Update: SBA Details Revenue Reduction Calculations for PPP Loans

(from Journal of Accountancy) The U.S. Small Business Administration (SBA) and Treasury issued an 18-page document Tuesday detailing how Paycheck Protection Program (PPP) borrowers should calculate revenue reduction and maximum loan amounts for second-draw PPP loans. The guidance also lists...


Blog Entry
Regulatory Update: PPP Applications for Smaller Loans Open Friday

(from the Journal of Accountancy) The application window for Paycheck Protection Program (PPP) forgivable loans will open Friday for lenders with $1 billion or less in assets, the U.S. Small Business Administration and Treasury announced. The opening, which will take place at 9 a.m. ET, applies...


Blog Entry
Regulatory Update: New PPP Applications Open Monday

(from Journal of Accountancy) The Paycheck Protection Program (PPP) will reopen Monday, January 11, 2021, for select lenders and borrowers, the U.S. Small Business Administration and Treasury announced Friday. The SBA and Treasury said in a news release that initially only community financial...


Blog Entry
Round 2 PPP Loans: Highlights for Independent Schools

(from multiple sources) The latest COVID relief bill, the Consolidated Appropriations Act, passed on Monday, December 21, outlined parameters for new borrowers of PPP loans and borrowers seeking to receive a second PPP loan (a “second draw” loan). The act appropriates $284.45 billion for both...


Blog Entry
COVID-19-Related Employee Retention Credits FAQ

As we work to put calendar year 2020 into the past, one of many questions still lingers: should your school take advantage of COVID-19-Related Employee Retention Credits (ERC) ? While each school must decide for itself , the following considerations may help you with next steps...


Blog Entry
A Weight Has Been Lifted: A Case Study

Leadership | As Western Academy of Beijing has returned to mostly normal on-campus learning, everyone in the community has a renewed appreciation for both the core mission and special add-ons that make independent education exceptional. In February of this year, Western Academy of...