Academy Hill

Academy Hill looks stable. Reserves cover under 2 months of expenses, a precarious runway. Revenue is highly concentrated at 90% tuition-dependent (peer median 85%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 68% of expenses, about par for the peer cohort. Three-year net-asset trend is negative (-5.8%/yr), indicating reserve drawdown. NACUBO Composite Financial Index: 3.2 / 10, adequate — monitor.

Academy Hill holds only 2 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Academy Hill reported $1.7M in revenue against $1.6M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $322K — about 0.20x annual operating expense.

Operating margin landed at 2.9%, with 90.1% of revenue coming from tuition. Among same-size peers, that puts Academy Hill at the p55 on operating margin.