Christopher Academy

Christopher Academy is burning the cushion faster than the 7-month buffer suggests. Expenses are outpacing revenue 3.8% vs -7.6% per year over three years, and the latest operating margin is -8.5% on a 98% tuition-dependent revenue mix. Covering the deficit at today's rate, reserves would last roughly 6.9 more years — the full budget, by contrast, is covered for about 7 months if every revenue line stopped. The board conversation here is the recovery plan for the operating model and the timeline to break-even. NACUBO Composite Financial Index: -0.2 / 10, distressed.

Christopher Academy reported $1.1M in revenue against $1.2M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $714K — about 0.59x annual operating expense.

Operating margin landed at -8.5%, with 97.6% of revenue coming from tuition. Among same-size peers, that puts Christopher Academy at the p22 on operating margin.