De Lasalle Academy Of Fort Myers

De Lasalle Academy Of Fort Myers is burning the cushion faster than the 19-month buffer suggests. Expenses are outpacing revenue 2.3% vs -3.4% per year over three years, and the latest operating margin is -14.6% on a 89% 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 1.6 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: 2.3 / 10, watch.

De Lasalle Academy Of Fort Myers reported $2.4M in revenue against $2.8M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $4.3M — about 1.56x annual operating expense.

Operating margin landed at -14.6%, with 88.5% of revenue coming from tuition. Among same-size peers, that puts De Lasalle Academy Of Fort Myers at the p14 on operating margin.