Waldorf School of DuPage

Waldorf School of DuPage shows signs of real financial distress. Reserves cover 5 months of operating expense, a thin runway. Revenue is 84% tuition-dependent (peer median 89%), concentrated but in line with most independent day schools. Staff compensation runs 57% of expenses, leaner than the peer median. Net assets are growing 42.2%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: -0.7 / 10, distressed.

Waldorf School of DuPage holds only 5 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Waldorf School of DuPage reported $1.3M in revenue against $1.3M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $497K — about 0.38x annual operating expense.

Operating margin landed at -3.8%, with 84.0% of revenue coming from tuition. Among same-size peers, that puts Waldorf School of DuPage at the p36 on operating margin.