NBOA Research and Resource Roundup

SAIS Annual ConferenceOctober 20, 2014Atlanta, GA

Who we are:• Approx. 1150 US Member Schools• Serve the Business Office, Controllers, HR, IT and Facilities• Bi Monthly Publication: Net Assets• Second Edition: Welcome to the Jungle (Spring 2015)

Signature Research•Business Office Survey•Financial Position Survey•Business Office Compensation and Staffing Study•Commonfund Benchmark Study of Independent School Endowments

Auxiliary Research•NBOA/School Dude IT Leadership Survey•NBOA Facilities Study: Spring 2015

Live Programming2015 Annual MeetingBusiness Office Now

Business Office Survey

•Between 500-600 schools, biennially

•Focus section each edition: currently Financial Aid

•Regional Segment Reports

Tuition as a % of operating revenue

(National vs. Southeast)

Tuition Rev-

enue; 86.3%

Annual Giving/

Fundrais-ing; 5.5%

Endow-ment

Transfer; 1.3%

Other Earned Revenue; 5.8%

Interest/Investment; 0.4%

Accumulated Surplus/reserves;

0.4%

All other Sources; 0.3%

Southeast

National

Economic Trends

Economic Trends

What is your Perceived Financial Health?

Outstanding

Much

above average

Somewhat above average

Average

Somewhat below average

Much

below average

Critica

l0.0

5.0

10.0

15.0

20.0

25.0

30.0

35.0

FY14FY13FY12

Southeast Region, NBOA Business Office Survey 2013

Financial Aid Metrics

Financial Aid: Southeast data set

genmadigan

Need Based Financial Aid Metrics- Southest Region National

NBOA/IT Leadership SurveyNearly 300 schoolsFormal report to be released November 2015

83.4%

3.6%

10.8%

2.2%

Day Day BoardingBoarding Day Boarding

Primarily a Day School study

Genesis of the Survey: We could not find good, comparable data discussing the IT offices within the independent school industry.

IT Staffing and expenses are only expanding

Direct response to member feedback

NBOA/School Dude IT Leadership Survey

300 or less 301 to 499 500 to 799 800 to 1,199

1,200 to 1,999

0%

10%

20%

30%

40%

50%

60%

Less than $50K

$50K-$75K

$75K-$99K

More than $100K

Avg. Annual Salary by Enrollment

How many FTEs do you have in your IT department?

Enroll-ment

1FTE 2 FTEs 3 FTEs 4 FTEs 5 FTEs 6 FTEs 7+ FTEs

300 or less 49% 17% 33% 17% 2% 0% 0%

301-499 31% 29% 12% 16% 16% 12% 8%

500-799 8% 8% 8% 16% 13% 11% 38%

800-1,199 5% 0% 15% 8% 8% 15% 54%

1,200 plus 0% 0% 0% 0% 0% 0% 100%

Challenges: How would you rate the following issues?

Not Very Challenging

Somewhat Challenging

Neutral Challenging Very Challenging

Training teachers on new technology

3.2% 13.6% 10.9% 38.5% 33.9%

Staffing 14.9% 16.3% 26.2% 27.1% 15.4%

Staying on top of technology

6.8% 28.8% 17.1% 34.7% 12.6%

Bandwidth 19% 19.9% 24.9% 24.0% 12.2%

IT Budgets 9.8% 28.6% 20.5% 29.0% 12.1%

BYOD 17.6% 16.2% 35.6% 22.2% 8.3%

Network/Broadband access

24% 19.4% 28.6% 19.8% 8.3%

Customer Service 22.5% 26.6% 22.5% 22.5% 5.9%

Managing and Tracking assets

22.9% 19.7% 29.6% 22.0% 5.8%

Commonfund Benchmark Survey of Independent School Endowments

Average Net Returns

Business Office Compensation

• Currently in collection phase• https://survey.soserv.com• Closes November 7, 2014• Need Log in Credentials: email

bmgant@orchr.com• Segments by regions, school

type, enrollment

Financial Position Survey

• Only study to look at the balance sheet of independent schools

• Data points taken directly from your audit

• Log in credentials are the same as BOCS Survey.

• Addresses level of reserves, annual giving, etc. Benchmarks up against Moody’s as well. (Shadow Moody’s rating)

FPS Charts

Genevieve D. Madigan

Vice President, Professional Development and Researchwww.nboa.net

1025 Shadeland Ave.

Drexel Hill, PA 19026

1400 I Street, NW p 202.407.7144 genevieve.madigan@nboa.org

Suite 850 f 202.354.5040 Twitter: @GenMadigan

Washington, DC 20005 c 716-998-8130

 

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