SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Hilton Head Preparatory School
Hilton Head Island, SC · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Hilton Head Preparatory School looks strained. The school holds 13 months of operating cushion, adequate runway. Revenue is 89% tuition-dependent (peer median 86%), concentrated but in line with most independent day schools. Staff compensation runs 50% of expenses, well below the peer median, worth understanding why. Expenses are outpacing revenue 7.7% vs 5.0% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 0.9 / 10, re-engineer.
Hilton Head Preparatory School reported $10.4M in revenue against $11.6M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $12.2M — about 1.05x annual operating expense.
Operating margin landed at -11.9%, with 88.9% of revenue coming from tuition. Among same-size peers, that puts Hilton Head Preparatory School at the p7 on operating margin.
$10.4M
REVENUE FY2023
-11.9%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Hilton Head Preparatory 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, Hilton Head Preparatory School ranks 11th 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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