Bridges Middle School

Bridges Middle School shows signs of real financial distress. Reserves cover under 0 months of expenses, a precarious runway. Revenue is highly concentrated at 91% tuition-dependent (peer median 83%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 61% of expenses, well below the peer median, worth understanding why. Three-year net-asset trend is negative (-23.2%/yr), indicating reserve drawdown. NACUBO Composite Financial Index: -1.9 / 10, distressed.

Bridges Middle School holds only 0 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Bridges Middle School reported $1.6M in revenue against $1.7M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $36K — about 0.02x annual operating expense.

Operating margin landed at -4.4%, with 90.9% of revenue coming from tuition. Among same-size peers, that puts Bridges Middle School at the p38 on operating margin.