Turnarounds are cyclical events at most tuition-driven colleges as enrollments grow and provide excess income, then tail off, draining reserves from the growth period. Financial data over the past decade reflects this porpoising effect showing how colleges pop above zero net income and then
Stevens Strategy was pleased to sponsor the CIC President’s Institute January 6th Plenary Session presentation by Dr. Ann Austin, entitled “Rethinking Faculty Work: Issues and Challenges in Independent Colleges and Universities.” Dr. Austin is a highly regarded scholar who is
Having sat through literally hundreds of board meetings as a college trustee, hospital trustee and college president, I’ve lost track of the times I’ve heard that “this place needs to be run more like a business”. But in my private business experience, I’ve also
You may have already heard that the Internal Revenue Service (IRS) has proposed a substantial revision of the Form 990 that most nonprofit colleges and universities are required to file annually in order to disclose operational and financial information to both the IRS and these
Stevens Strategy has taken on a more international clientele in the last few years. Recently, John Stevens provided client support to American University of Central Asia in Bishkek, Kyrgyzstan and Polytechnic Namibia in Windhoek, Namibia and explored with Bob DeColfmacker client work at