North Bridge Academy

North Bridge Academy sits in the watch range. Reserves cover 5 months of operating expense, a thin runway. Revenue is highly concentrated at 94% tuition-dependent (peer median 85%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 66% of expenses, about par for the peer cohort. Expenses are outpacing revenue 16.7% vs 10.2% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 1.1 / 10, watch.

North Bridge Academy operates at 94% tuition dependency — among the most tuition-reliant 13% of peers in its cohort. A soft admissions year would flow straight to operations.

North Bridge Academy reported $3.5M in revenue against $3.6M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $1.6M — about 0.45x annual operating expense.

Operating margin landed at -0.8%, with 93.6% of revenue coming from tuition. Among same-size peers, that puts North Bridge Academy at the p33 on operating margin.