High Point Academy

High Point Academy looks durable. The school holds 2.6 years of operating cushion, a healthy buffer. Revenue is 89% tuition-dependent (peer median 82%), concentrated but in line with most independent day schools. Staff compensation runs 73% of expenses, generous relative to peers. Net assets are growing 5.5%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 9.3 / 10, strong.

High Point Academy reported $8.9M in revenue against $7.6M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $19.8M — about 2.61x annual operating expense.

Operating margin landed at 14.4%, with 89.5% of revenue coming from tuition. Among same-size peers, that puts High Point Academy at the p90 on operating margin.