Stoneleigh-Burnham School

Stoneleigh-Burnham School is burning the cushion faster than the 2-month buffer suggests. Expenses are outpacing revenue 6.1% vs -4.8% per year over three years, and the latest operating margin is -25.7% on a 77% tuition-dependent revenue mix. Covering the deficit at today's rate, reserves would last roughly 8 more months — the full budget, by contrast, is covered for about 2 months if every revenue line stopped. The board conversation here is the recovery plan for the residential model and the timeline to break-even. NACUBO Composite Financial Index: -1.7 / 10, distressed.

Stoneleigh-Burnham School holds only 2 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Stoneleigh-Burnham School reported $6.9M in revenue against $8.7M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $1.6M — about 0.18x annual operating expense.

Operating margin landed at -25.7%, with 76.7% of revenue coming from tuition. Among same-size peers, that puts Stoneleigh-Burnham School at the p0 on operating margin.