Cultivating Financial Sustainability in K–12 Private Schools

Description: At its essence, financial sustainability in a K–12 private or independent school means ensuring your school can sustain its mission for many years to come. To do that, it must reach or exceed its enrollment and fundraising goals and keep expenses in check. Many forces impact a school’s ability to do those things, including enrollment trends, inflation, geopolitical events, rising operating costs, and the challenges of recruiting, training, and retaining qualified faculty and staff. Strategic financial and operational practices can mitigate the impact of external forces and help manage the internal forces that affect your bottom line.