Rock Springs Christian Academy

Rock Springs Christian Academy looks durable. Reserves cover 5 months of operating expense, a thin runway. Revenue is highly concentrated at 91% tuition-dependent (peer median 87%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 82% of expenses, generous relative to peers. Net assets are growing 32.8%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 5.7 / 10, strong.

Rock Springs Christian Academy holds only 5 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Rock Springs Christian Academy reported $5.6M in revenue against $5.1M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $2.3M — about 0.45x annual operating expense.

Operating margin landed at 9.9%, with 90.7% of revenue coming from tuition. Among same-size peers, that puts Rock Springs Christian Academy at the p79 on operating margin.