Carrabassett Valley Academy

Carrabassett Valley Academy looks durable. The school holds 2.0 years of operating cushion, a healthy buffer. Revenue is 90% tuition-dependent (peer median 84%), concentrated but in line with most independent day schools. Staff compensation runs 59% of expenses, about par for the peer cohort. Expenses are outpacing revenue 7.0% vs 4.1% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 8.4 / 10, strong.

Carrabassett Valley Academy reported $7.5M in revenue against $6.6M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $13.6M — about 2.05x annual operating expense.

Operating margin landed at 11.3%, with 89.8% of revenue coming from tuition. Among same-size peers, that puts Carrabassett Valley Academy at the p70 on operating margin.