SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
New York Military Academy
Cornwall on Hudson, NY · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
New York Military Academy is burning the cushion faster than the balance sheet suggests. Expenses are outpacing revenue -9.3% vs -20.3% per year over three years, and the latest operating margin is -48.2% on a 100% tuition-dependent revenue mix. At the current burn rate, the cushion will be drawn down within a measurable horizon. The board conversation here is the recovery plan for the operating model and the timeline to break-even. NACUBO Composite Financial Index: -3.8 / 10, distressed.
New York Military Academy operates at 100% tuition dependency — among the most tuition-reliant 0% of peers in its cohort. A soft admissions year would flow straight to operations.
New York Military Academy reported $2.3M in revenue against $3.4M in expenses in fiscal year 2022, the most recent filing on record. Net assets stood at -$5.8M.
Operating margin landed at -48.2%, with 99.9% of revenue coming from tuition. Among same-size peers, that puts New York Military Academy at the p3 on operating margin.
$2.3M
REVENUE FY2022
-48.2%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2022
THE FULL REPORT
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Ten panels on New York Military 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, New York Military Academy ranks 21st 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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