Solomon Schechter Day School of Greater Hartford looks stable. Reserves cover under 3 months of expenses, a precarious runway. Revenue is unusually diversified at 63% tuition-dependent (peer median 88%). Staff compensation runs 53% of expenses, leaner than the peer median. Net assets are growing 39.9%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 3.2 / 10, adequate — monitor.
Solomon Schechter Day School of Greater Hartford holds only 3 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.
Solomon Schechter Day School of Greater Hartford reported $4.4M in revenue against $4.2M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $1.0M — about 0.24x annual operating expense.
Operating margin landed at 3.1%, with 62.7% of revenue coming from tuition. Among same-size peers, that puts Solomon Schechter Day School of Greater Hartford at the p60 on operating margin.
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Why “revenue scale” and not “endowment per student”: independent-school 990s don’t carry per-school enrollment, and NCES PSS coverage is partial, so we cannot divide endowment by a verified student count for every school. The bar above is each school’s latest reported total revenue. True endowment-per-student is scheduled for v1.1+ once Schedule D Part V parsing lands.
Peers are scored by similarity along three equal-weighted dimensions: size cohort (Form 990 employee count + max-revenue tier, a proxy for student enrollment, which the 990 does not carry), geographic region (eight-region grouping), and association overlap (NAIS, NBOA, regional councils). We rank the top 20 nearest peers and chart the first 12 by latest reported revenue. Values are the school’s most recently filed total revenue on IRS Form 990.