Net Assets Financial Management Articles

Financial Management

Two wooden blocks on a diagonal orange and blue background; one block has a green plus sign, the other has a red minus sign.

Business Intelligence  

  • Cash Management
  • | Research
  • | Tuition

Is Your School’s Working Capital Working? This item is protected.

In 2023–24, most independent schools had a positive working capital ratio.
3 min read
Sunlight streams from behind a dark cloud.

Projections  

  • Cash Management
  • | Endowment
  • | Planning

The Silver Lining in a Cloudy Economic Forecast

The markets may shift in the new fiscal year, but independent school business leaders can be prepared.
7 min read
If This Then That

Feature  

  • Budget
  • | Endowment
  • | Planning

If This, Then That: Scenario Planning in an Unpredictable Economy This item is protected.

When the economic forecast is unclear, savvy school leaders are planning with multiple scenarios in mind.
12 min read
resized chalk image

Business Intelligence  

  • Debt
  • | Key Facilities

Plant Debt and Independent School Finances This item is protected.

Smaller schools are more likely than larger schools to have plant debt greater than their unrestricted and temporarily restricted net assets.
4 min read
  • Human Resources
  • | Legal
  • | Tax

The One Big Beautiful Bill Act: What Independent Schools Need to Know This item is protected.

The OBBBA will likely impact scholarships, giving and HR at your school.
6 min read

CEO Notebook  

  • Planning
  • | Procedures
  • | Risk Management

Summer Could Be the Time to Tackle ERM

Enterprise risk management may sound intimidating, but this simple list can help you get started this summer.
4 min read
A student slips and falls on a school sidewalk, drops backpack
  • Budget
  • | Policy
  • | Risk Management

The “Jet Fuel” of Rising Claims Costs: Litigation Investment

Third-party litigation financing is driving up liability claim costs, and independent schools may be unwittingly investing in the practice.
3 min read
Red ship on blue water view half under water half above
  • Change Management
  • | Enrollment
  • | Planning

Strategic Rightsizing to Strengthen School Operations This item is protected.

Strategic planning led to fewer enrolled students and higher NTR in the case of one boarding-day school.
3 min read
mission spreadsheet
  • Budget
  • | Leadership

Creating a Mission Spreadsheet This item is protected.

Skutt Catholic leaders mapped how different parts of the school’s mission statement aligned with actual expenditures to ensure every dollar is spent purposefully.
4 min read

CEO Notebook  

  • Budget
  • | Membership
  • | Planning

The (Financial) Re-Model You’ve Been Waiting For

NBOA just released version 2.0 of the Long-Range Financial Model, which is more powerful, intuitive and customizable.
4 min read
Art collage displaying a human hand and graduation cap with dollar sign against a beige background.

Business Intelligence  

  • Endowment
  • | Financial Aid
  • | Tuition

Variations in Tuition Discounting by Endowment Level This item is protected.

In 2023–24, schools without an endowment had a similar tuition discount rate as schools with large endowments.
5 min read

CEO Notebook  

  • Leadership
  • | Planning

Your Mission. Our Experts.

With the launch of NBOA Advisory Services, school leaders can receive personalized support in the business office.
4 min read
Projections MJ25

Projections  

  • Budget
  • | Facilities

Transforming Facilities for High Quality Learning

Updating the campus requires investment, but transforming spaces to deliver high-quality learning need not break the bank if you plan strategically.
6 min read
Home Improvement graphic

Feature  

  • Budget
  • | Facilities
  • | Hiring

Home Improvement: Faculty Housing Solutions This item is protected.

When faculty and staff struggle to find housing close to school, creative support may be an order.
13 min read

CEO Notebook  

  • Budget
  • | Planning
  • | Research

Enrollment, Operating Expenses and “the Gap” All Rose Last Year

Business leaders will find key benchmarks of financial and operational health in NBOA’s new Financial State of the Industry report.
4 min read
Two arrows pointing in different directions on a blue background
  • Endowment
  • | Governance

Keys to a Smooth OCIO Transition

When changing how your school’s endowment is managed, consider both key players and key steps involved.
5 min read
tax 2025
  • Accounting
  • | Facilities
  • | Tax

2025 Accounting, Audit and Tax Update for Independent Schools This item is protected.

With no new audit standards this season, now is the time to review current accounting guidance and optimize financial strategies.
7 min read
target hit stock
  • Endowment
  • | Investments
  • | Research

20-Year Net Returns on Endowment Average 6.9% Per New Research This item is protected.

New Commonfund Study of Independent Schools on the latest endowment trends is now available.
4 min read
Rivendell students

Feature  

  • Budget
  • | Planning

Tough Calls: Small Schools Correct Financial Course This item is protected.

When three small schools faced financial challenges, each found its own way to right the ship and perpetuate its mission.
15 min read
stock image of blue arrows pointing up
  • Accounting
  • | Cash Management
  • | Planning

Strengthening Reserves for a Sustainable Future

A new way to assess school finances led to development of a new reserve policy -- and stronger board discussions.
3 min read