SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Middlebridge School
Narragansett, RI · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Middlebridge School looks durable. The school holds only 1.9 years of operating cushion, unusually thin for a boarding school's residential capex load. Revenue runs 83% tuition-dependent (peer median 87%), heavier than the boarding cohort typically carries, so the cushion does real work. Staff compensation runs 71% of expenses, generous relative to peers. Expenses are outpacing revenue 7.3% vs -0.6% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 5.9 / 10, strong.
Middlebridge School reported $8.8M in revenue against $8.4M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $16.3M — about 1.95x annual operating expense.
Operating margin landed at 4.7%, with 82.8% of revenue coming from tuition. Among same-size peers, that puts Middlebridge School at the p80 on operating margin.
$8.8M
REVENUE FY2024
4.7%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2024
THE FULL REPORT
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Ten panels on Middlebridge 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, Middlebridge School ranks 6th 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.
The full school report
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