French-American School of New York

French-American School of New York looks stable. The school holds 11 months of operating cushion, adequate runway. Revenue is highly concentrated at 94% tuition-dependent (peer median 83%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 67% of expenses, generous relative to peers. Net assets are growing 41.1%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 4.8 / 10, adequate — monitor.

French-American School of New York operates at 94% tuition dependency — among the most tuition-reliant 0% of peers in its cohort. A soft admissions year would flow straight to operations.

French-American School of New York reported $32.3M in revenue against $31.5M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $27.6M — about 0.88x annual operating expense.

Operating margin landed at 2.5%, with 93.7% of revenue coming from tuition. Among same-size peers, that puts French-American School of New York at the p47 on operating margin.