The Cambridge School of Weston

The Cambridge School of Weston sits in the watch range. The school holds only 1.8 years of operating cushion, unusually thin for a boarding school's residential capex load. Revenue runs 89% tuition-dependent (peer median 76%), heavier than the boarding cohort typically carries, so the cushion does real work. Staff compensation runs 48% of expenses, leaner than the peer median. Expenses are outpacing revenue 6.6% vs 2.6% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 2.7 / 10, watch.

The Cambridge School of Weston reported $22.3M in revenue against $23.3M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $41.0M — about 1.76x annual operating expense.

Operating margin landed at -4.5%, with 89.4% of revenue coming from tuition. Among same-size peers, that puts The Cambridge School of Weston at the p17 on operating margin.