SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Cushing Academy Trustees
Ashburnham, MA · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Cushing Academy Trustees looks durable. The school holds 6.0 years of operating cushion, typical for a residential school of this scale. Revenue runs 86% tuition-dependent (peer median 73%), heavier than the boarding cohort typically carries, so the cushion does real work. Staff compensation runs 42% of expenses, well below the peer median, worth understanding why. Expenses are outpacing revenue 3.8% vs -17.8% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 7.0 / 10, strong.
Cushing Academy Trustees reported $37.3M in revenue against $34.6M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $207.5M — about 5.99x annual operating expense.
Operating margin landed at 7.2%, with 86.0% of revenue coming from tuition. Among same-size peers, that puts Cushing Academy Trustees at the p53 on operating margin.
$37.3M
REVENUE FY2023
7.2%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Cushing Academy Trustees: 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, Cushing Academy Trustees ranks 15th 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.
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