Rocky Mount Academy

Rocky Mount Academy sits in the watch range. Reserves cover 9 months of operating expense, a thin runway. Revenue is 87% tuition-dependent (peer median 80%), concentrated but in line with most independent day schools. Staff compensation runs 68% of expenses, about par for the peer cohort. Expenses are outpacing revenue 4.4% vs 2.0% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 2.1 / 10, watch.

Rocky Mount Academy reported $7.3M in revenue against $7.3M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $5.4M — about 0.74x annual operating expense.

Operating margin landed at -0.8%, with 86.8% of revenue coming from tuition. Among same-size peers, that puts Rocky Mount Academy at the p13 on operating margin.