Net Assets Articles

Article Archive

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  • Membership

Announcing the 2019 NBOA Will J. Hancock Unsung Heroes

The Will J. Hancock Unsung Hero Award is given to independent school business officers who have made an extraordinary contribution to their schools, as nominated by their colleagues. Congratulations to the 2019 recipient
2 min read
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Strategies  

  • Facilities
  • | Planning

Strategies: One Space, Many Voices

When designing a shared school space, taking the time to collect different stakeholders’ perspectives in unbiased ways pays dividends.
4 min read
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  • Accounting
  • | Risk Management

To Stay Secure, Think Like a Fraudster

The longer a fraudster has been at a school, the larger the losses and the less likely he or she will be suspected. Knowing what motivates fraudsters can supplement internal controls in mitigating risk.
7 min read

CEO Notebook  

  • Gift
  • | Governance

Dialing Back Donor Dollar Expectations

Charitable giving by individuals declined last year and may continue to do so into the future. What does the trend mean for independent schools?
2 min read
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Risk & Compliance  

  • Compliance
  • | Human Resources

Risk & Compliance: The New Pay Equity Laws

While federal law has done little to shrink the gender pay gap, more states have passed laws on comparable pay, which may impact school hiring practices.
5 min read
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  • Human Resources
  • | Risk Management

When Tragedy Knocks: Losing a Faculty Member

No one on campus wants to consider what happens after the death of a colleague or their own passing, but preparing for the worst will help everyone in a time of grief.
8 min read
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  • Human Resources
  • | Misconduct
  • | Risk Management

Who’s in the Room? Calling Witnesses in School Investigations

When a school undertakes a misconduct investigation, deciding who to call as a witness is not always clear. Three independent school lawyers weigh in.
4 min read
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  • Human Resources
  • | Misconduct
  • | Risk Management

With Justice for All: School Investigations This item is protected.

Should your school face the dreaded day of a serious misconduct allegation, you will need to know what situations require an investigation, who can conduct one and what the outcomes might be.
17 min read
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  • Facilities
  • | Planning

Gathering Constituent Input for a Successful Master Plan

Collaborative processes can help ensure new campus facilities align with a school’s mission.
2 min read

Projections  

  • Enrollment
  • | Tuition

Projections: Our Increasingly Risky Business Model

Numerous factors are pushing independent school leaders to rethink our traditional business model, particularly tuition pricing and financial aid. Change is in the air.
4 min read
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  • Risk Management
  • | Transportation

Overdrive: Managing Transportation Risk This item is protected.

Managing the infinite scenarios of transportation risk — from owning or outsourcing vehicles to corralling volunteer drivers —  requires time, expertise and financial resources to keep everyone safe.
14 min read

CEO Notebook  

  • Leadership

Rocking in Cleveland

As new business officers prepare to hit the ground running, they learn how school leaders at every stage of their career can drive change.
4 min read
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  • Human Resources

Difficult Conversations Can Strengthen School Values

When employees aren't meeting expectations, leaders must initiate what might be a difficult conversation. Doing so with courageous authenticity will help leaders have clear, honest and direct communication that can solve
2 min read
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  • Enrollment
  • | Tuition

Modeling Sustainability: Four Tuition Models to Consider This item is protected.

Changing your school’s tuition strategy may seem risky, but adhering to a traditional model has its own hazards. Four tuition models to consider and case studies in context.
9 min read
  • Endowment
  • | Investments

Rethinking Investment Strategies

Many independent schools face financial challenges related to cash reserves, endowment depletion and operations. Finding ways to align enterprise considerations and investment strategies can help address these issues, sa
2 min read

Projections  

  • Budget
  • | Technology

It’s Time to Commit

From the archives: How can online learning simultaneously mitigate the financial pressures facing our schools and reinforce our ability to personalize the learning experience?
4 min read
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  • Culture
  • | Leadership

Play Is Serious Business When Aiming for Organizational Change

Research on play shows that it’s vital to creative thinking. Business catalyst Kevin Carroll explained how productive play at work can inspire business officers to innovate.   
2 min read

CEO Notebook  

  • Budget
  • | Planning

Your Everyday Pursuit of Financial Health

A few tools can help school leaders and the board understand long-term school finances more clearly, talk more productively and act more proactively.
3 min read
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  • Audit
  • | Budget

Accounting Standard Updates Enter Second Year

Expense Classifications
4 min read
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  • Culture
  • | Facilities

Students Tackle Operational Issues

Stuart Country Day School’s campus-as-lab program, led by the school’s facilities director, enables students to solve real-world problems — while helping administrators collect campus data.
4 min read