SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Williams School
Norfolk, VA · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Williams School looks stable. The school holds 1.5 years of operating cushion, a healthy buffer. Revenue is 82% tuition-dependent (peer median 88%), concentrated but in line with most independent day schools. Staff compensation runs 68% of expenses, about par for the peer cohort. Three-year net-asset trend is negative (-7.2%/yr), indicating reserve drawdown. NACUBO Composite Financial Index: 3.2 / 10, adequate — monitor.
Williams School reported $3.8M in revenue against $4.1M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $6.2M — about 1.51x annual operating expense.
Operating margin landed at -6.5%, with 82.3% of revenue coming from tuition. Among same-size peers, that puts Williams School at the p20 on operating margin.
$3.8M
REVENUE FY2023
-6.5%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Williams School: financial health, peer comparison, community demographics, paying & giving capacity, competitive position, enrollment demand, leadership compensation, governance — and the questions to ask. One subscription opens every school.
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WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, Williams School ranks 12th by latest 990 revenue.
Revenue scale
WHAT’S IN THE REPORT
- Financials — IRS Form 990, up to nine years on file.
- Enrollment & demand — IRS 990 tuition revenue + U.S. Census county births.
- Competition — NCES private (PSS) + public (CCD) school inventory.
- Demographics — U.S. Census Bureau, ACS 5-year estimates.
- Local economy — U.S. Bureau of Labor Statistics, QCEW and CES.
- Peer set — 1,620 independent schools with verified financials.
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