SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Northwood School
Lake Placid, NY · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Northwood School looks stable. The school holds 2.1 years of operating cushion, on the lighter end for a boarding school. Revenue runs 73% tuition-dependent (peer median 87%), moderate diversification with a meaningful endowment and contributions base. Staff compensation runs 48% of expenses, well below the peer median, worth understanding why. Expenses are outpacing revenue -2.6% vs -7.3% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 4.4 / 10, adequate — monitor.
Northwood School reported $10.0M in revenue against $9.9M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $20.6M — about 2.07x annual operating expense.
Operating margin landed at 0.8%, with 72.6% of revenue coming from tuition. Among same-size peers, that puts Northwood School at the p47 on operating margin.
$10.0M
REVENUE FY2024
0.8%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2024
THE FULL REPORT
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Ten panels on Northwood School: 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, Northwood School 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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