Is your school well positioned for a solid financial future? Learn insights from St. John’s Preparatory School (Danvers, MA), a Catholic, Xaverian Brothers-sponsored school for boys in grades 6 through 12 that recently underwent a financial re-engineering process which identified $9 million in long-term combined savings and increased revenue. The webinar will present a case study and include a conversation between Assistant Head of School for Finance/CFO Cynthia Fanikos of St. John’s and Dr. Harry Bloom of Measuring Success as well as a Q&A for attendees.
Details of the St. John’s Project and Process
Known for outstanding academic and co-curricular programs, St. John’s is positioned between much lower cost Catholic schools and higher priced independent schools. The school has had an enviable track record of success to become one of the leading college preparatory schools in the country.
Yet, an increasingly competitive market, a staff and faculty headcount that reflects new and growing programs, and consecutive years of increased tuition rate growth called for a strategic analysis of the school’s financial model.
Learn how they arrived at a solution and a path forward from Assistant HOS/CFO Cynthia Fanikos, who, in partnership with Measuring Success, led the school’s senior team in a top-to-bottom, benchmarking-enabled review of every aspect of the school’s revenue, expense, and asset management.
The result: $9 million in identified, implementable long-term improvement and a renewed trajectory to affordability and sustainability.
Join us for the webinar!
Please join Dr. Harry Bloom of Measuring Success and Cynthia Fanikos, Assistant Head of School for Finance/CFO for St. John’s Prep for a webinar to learn about and discuss a proven methodology for understanding and enhancing school finances
The event will take place on January 16, 2019 at 2PM (Eastern).
Register today to reserve your spot!