SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Sophia Academy
Providence, RI · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Sophia Academy sits in the watch range. The school holds 4.7 years of operating cushion: deep institutional balance. Revenue is unusually diversified at 3% tuition-dependent (peer median 81%). Staff compensation runs 63% of expenses, about par for the peer cohort. Net assets are growing 7.1%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 2.7 / 10, watch.
Sophia Academy runs only 3% tuition-dependent — unusually diversified for an independent school. Endowment payout and contributions carry meaningful weight in the operating budget.
Sophia Academy reported $1.3M in revenue against $1.7M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $8.3M — about 4.75x annual operating expense.
Operating margin landed at -30.5%, with 2.9% of revenue coming from tuition. Among same-size peers, that puts Sophia Academy at the p0 on operating margin.
$1.3M
REVENUE FY2023
-30.5%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
Subscribe to see the full report.
Ten panels on Sophia Academy: 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.
ANNUAL SUBSCRIPTION · CANCEL ANYTIME · 99 FOUNDING SPOTS LEFT
WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, Sophia Academy ranks 21st 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
Ten panels. One school. A year of access.
$250 a year — or $100 the first year for the founding 100.
ANNUAL SUBSCRIPTION · $100 FIRST YEAR FOR FOUNDING MEMBERS · CANCEL ANYTIME · 99 FOUNDING SPOTS LEFT