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Education Commons

Open Access. Powered by Scholars. Published by Universities.®

2016

Elementary and Middle and Secondary Education Administration

Dissertations, 2014-2019

Financial metrics for independent schools

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Predictors Of Private School Sustainability Using Irs Form 990, Paul G. Leaman May 2016

Predictors Of Private School Sustainability Using Irs Form 990, Paul G. Leaman

Dissertations, 2014-2019

Private school leaders face financial sustainability challenges as competition for students and money increases. This study aims to identify financial metrics which school leaders can use for monitoring and guiding their school’s financial health. IRS Form 990 provided the financial data for calculating predictors of interest. The study evaluated data from 2009–2013 for five groupings of schools, as measured by operational size. The study included 1029 private schools after removing outliers and cases with missing data. Private school leaders helped define the dependent variable as the ratio of total revenue/total expense. Sustainable schools carried an averaged five-year ratio of greater …