SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Cardigan Mountain School
Canaan, NH · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Cardigan Mountain School looks durable. The school holds 3.1 years of operating cushion, on the lighter end for a boarding school. Revenue runs 79% tuition-dependent (peer median 81%), heavier than the boarding cohort typically carries, so the cushion does real work. Staff compensation runs 45% of expenses, leaner than the peer median. NACUBO Composite Financial Index: 5.9 / 10, strong.
Cardigan Mountain School reported $24.3M in revenue against $23.4M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $73.4M — about 3.13x annual operating expense.
Operating margin landed at 3.3%, with 78.7% of revenue coming from tuition. Among same-size peers, that puts Cardigan Mountain School at the p57 on operating margin.
$24.3M
REVENUE FY2023
3.3%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Cardigan Mountain School: 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, Cardigan Mountain School ranks 9th 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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