SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
The Summit Montessori School Inc
Framingham, MA · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
The Summit Montessori School Inc shows signs of real financial distress. Reserves cover 7 months of operating expense, a thin runway. Revenue is 89% tuition-dependent (peer median 87%), concentrated but in line with most independent day schools. Staff compensation runs 68% of expenses, about par for the peer cohort. Expenses are outpacing revenue 23.9% vs 21.4% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: -0.5 / 10, distressed.
The Summit Montessori School Inc reported $3.8M in revenue against $4.0M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $2.2M — about 0.56x annual operating expense.
Operating margin landed at -5.0%, with 88.6% of revenue coming from tuition. Among same-size peers, that puts The Summit Montessori School Inc at the p39 on operating margin.
$3.8M
REVENUE FY2023
-5.0%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on The Summit Montessori School 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, The Summit Montessori School Inc ranks 13th 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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