SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Elmwood Franklin School
Buffalo, NY · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Elmwood Franklin School looks durable. The school holds 1.9 years of operating cushion, a healthy buffer. Revenue is 86% tuition-dependent (peer median 83%), concentrated but in line with most independent day schools. Staff compensation runs 60% of expenses, about par for the peer cohort. Net assets are growing 26.7%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 9.2 / 10, strong.
Elmwood Franklin School reported $9.5M in revenue against $8.3M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $16.1M — about 1.94x annual operating expense.
Operating margin landed at 12.8%, with 86.4% of revenue coming from tuition. Among same-size peers, that puts Elmwood Franklin School at the p93 on operating margin.
$9.5M
REVENUE FY2023
12.8%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Elmwood Franklin 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, Elmwood Franklin School ranks 16th 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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