NBOA Financial State of the Industry (nonmember price)

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NBOA Financial State of the Industry (nonmember price)

BIIS Financial and Operational Indicators: 2019-2020

Author(s): Elizabeth Dabney

Publication date: February 2021
Print ISBN: NBOA6

This report considers financial and operational data from the singular 2019-20 school year, which ended with remote instruction for most independent U.S. schools. Changes in schools’ financial health occurred both before the COVID-19 pandemic and as a result of it. An executive summary and analysis of 17 financial indicators examine tuition, enrollment, expenses, annual giving and operating margin among other areas of interest. Analyses are presented for day schools and schools with boarding as well as by school enrollment.

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Title information

This report considers financial and operational data from the singular 2019-20 school year, which ended with remote instruction for most independent U.S. schools. Changes in schools’ financial health occurred both before the COVID-19 pandemic and as a result of it. An executive summary and analysis of 17 financial indicators examine tuition, enrollment, expenses, annual giving and operating margin among other areas of interest. Analyses are presented for day schools and schools with boarding as well as by school enrollment. The only research study based on the audited financial statements of independent schools, the report draws on data from hundreds of NBOA member schools collected in the BIIS platform.

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Pages: 30
Publisher: National Business Officers Association
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Elizabeth Dabney

Elizabeth Dabney, NBOA director, research and data analysis, prepared this report.