SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Falmouth Academy
Falmouth, MA · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Falmouth Academy looks durable. The school holds 2.8 years of operating cushion, a healthy buffer. Revenue runs 71% tuition-dependent (peer median 86%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 59% of expenses, about par for the peer cohort. Expenses are outpacing revenue 2.5% vs -9.6% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 7.1 / 10, strong.
Falmouth Academy reported $9.4M in revenue against $8.6M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $24.3M — about 2.81x annual operating expense.
Operating margin landed at 8.5%, with 71.2% of revenue coming from tuition. Among same-size peers, that puts Falmouth Academy at the p40 on operating margin.
$9.4M
REVENUE FY2024
8.5%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2024
THE FULL REPORT
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Ten panels on Falmouth Academy: 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, Falmouth Academy ranks 17th 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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