SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Washington Academy
East Machias, ME · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Washington Academy looks durable. The school holds 17 months of operating cushion, adequate runway. Revenue is 83% tuition-dependent (peer median 87%), concentrated but in line with most independent day schools. Staff compensation runs 63% of expenses, generous relative to peers. NACUBO Composite Financial Index: 7.3 / 10, strong.
Washington Academy reported $7.9M in revenue against $7.2M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $10.4M — about 1.46x annual operating expense.
Operating margin landed at 9.5%, with 82.9% of revenue coming from tuition. Among same-size peers, that puts Washington Academy at the p7 on operating margin.
$7.9M
REVENUE FY2024
9.5%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2024
THE FULL REPORT
Subscribe to see the full report.
Ten panels on Washington 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.
ANNUAL SUBSCRIPTION · CANCEL ANYTIME · 99 FOUNDING SPOTS LEFT
WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, Washington 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
Ten panels. One school. A year of access.
$250 a year — or $100 the first year for the founding 100.
ANNUAL SUBSCRIPTION · $100 FIRST YEAR FOR FOUNDING MEMBERS · CANCEL ANYTIME · 99 FOUNDING SPOTS LEFT