The Village School of North Bennington

The Village School of North Bennington shows signs of real financial distress. Reserves cover under 3 months of expenses, a precarious runway. Revenue is highly concentrated at 92% tuition-dependent (peer median 85%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 78% of expenses, generous relative to peers. Net assets are growing 12.0%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: -1.1 / 10, distressed.

The Village School of North Bennington holds only 3 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

The Village School of North Bennington reported $2.6M in revenue against $2.8M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $616K — about 0.22x annual operating expense.

Operating margin landed at -8.3%, with 91.9% of revenue coming from tuition. Among same-size peers, that puts The Village School of North Bennington at the p21 on operating margin.