New Horizon School Irvine

New Horizon School Irvine is burning the cushion faster than the 1-month buffer suggests. Expenses are outpacing revenue 29.8% vs 19.4% per year over three years, and the latest operating margin is -17.5% on a 90% tuition-dependent revenue mix. Covering the deficit at today's rate, reserves would last roughly 4 more months — the full budget, by contrast, is covered for about 1 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: -2.0 / 10, distressed.

New Horizon School Irvine holds only 1 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

New Horizon School Irvine reported $10.6M in revenue against $12.4M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $677K — about 0.06x annual operating expense.

Operating margin landed at -17.5%, with 90.5% of revenue coming from tuition. Among same-size peers, that puts New Horizon School Irvine at the p13 on operating margin.