Gesu School

Gesu School is burning the cushion faster than the 3.8-year buffer suggests. Expenses are outpacing revenue 7.7% vs -0.7% per year over three years, and the latest operating margin is -6.5% on a 39% tuition-dependent revenue mix. Covering the deficit at today's rate, it would take more than a decade to exhaust reserves — the full budget, by contrast, is covered for about 3.8 years 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: 3.9 / 10, adequate — monitor.

Gesu School runs only 39% tuition-dependent — unusually diversified for an independent school. Endowment payout and contributions carry meaningful weight in the operating budget.

Gesu School reported $10.7M in revenue against $11.4M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $44.0M — about 3.85x annual operating expense.

Operating margin landed at -6.5%, with 38.8% of revenue coming from tuition. Among same-size peers, that puts Gesu School at the p28 on operating margin.