SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Berwick Academy
South Berwick, ME · Independent K-12NAIS MEMBER
THE READ · FREE SUMMARY
Berwick Academy looks stable. The school holds 1.7 years of operating cushion, a healthy buffer. Revenue is 90% tuition-dependent (peer median 81%), concentrated but in line with most independent day schools. Staff compensation runs 48% of expenses, leaner than the peer median. Expenses are outpacing revenue 4.6% vs -3.3% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 3.5 / 10, adequate — monitor.
Berwick Academy reported $26.8M in revenue against $28.0M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $47.8M — about 1.71x annual operating expense.
Operating margin landed at -4.5%, with 89.5% of revenue coming from tuition. Among same-size peers, that puts Berwick Academy at the p23 on operating margin.
$26.8M
REVENUE FY2024
-4.5%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2024
THE FULL REPORT
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Ten panels on Berwick Academy: financial health, peer comparison, community demographics, paying & giving capacity, competitive position, enrollment demand, leadership compensation, governance — and the questions to ask. One subscription opens every school.
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WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, Berwick Academy ranks 13th by latest 990 revenue.
Revenue scale
WHAT’S IN THE REPORT
- Financials — IRS Form 990, up to nine years on file.
- Enrollment & demand — IRS 990 tuition revenue + U.S. Census county births.
- Competition — NCES private (PSS) + public (CCD) school inventory.
- Demographics — U.S. Census Bureau, ACS 5-year estimates.
- Local economy — U.S. Bureau of Labor Statistics, QCEW and CES.
- Peer set — 1,620 independent schools with verified financials.
The full school report
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