SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Friends Academy Inc
N Dartmouth, MA · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Friends Academy Inc sits in the watch range. The school holds 1.6 years of operating cushion, a healthy buffer. Revenue is 88% tuition-dependent (peer median 84%), concentrated but in line with most independent day schools. Staff compensation runs 70% of expenses, generous relative to peers. Expenses are outpacing revenue -2.9% vs -6.1% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 2.0 / 10, watch.
Friends Academy Inc reported $6.5M in revenue against $7.2M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $11.2M — about 1.56x annual operating expense.
Operating margin landed at -10.4%, with 87.6% of revenue coming from tuition. Among same-size peers, that puts Friends Academy Inc at the p10 on operating margin.
$6.5M
REVENUE FY2023
-10.4%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Friends Academy Inc: 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, Friends Academy Inc ranks 14th 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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