City of Lakes Waldorf School

City of Lakes Waldorf School is burning the cushion faster than the 6-month buffer suggests. Expenses are outpacing revenue 8.3% vs 2.9% per year over three years, and the latest operating margin is -8.4% on a 96% tuition-dependent revenue mix. Covering the deficit at today's rate, reserves would last roughly 5.5 more years — the full budget, by contrast, is covered for about 6 months 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: -0.6 / 10, distressed.

City of Lakes Waldorf School operates at 96% tuition dependency — among the most tuition-reliant 3% of peers in its cohort. A soft admissions year would flow straight to operations.

City of Lakes Waldorf School reported $4.8M in revenue against $5.2M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $2.4M — about 0.46x annual operating expense.

Operating margin landed at -8.4%, with 96.2% of revenue coming from tuition. Among same-size peers, that puts City of Lakes Waldorf School at the p38 on operating margin.