Kehillah Jewish High School

Kehillah Jewish High School is burning the cushion faster than the 6-month buffer suggests. Expenses are outpacing revenue 2.9% vs -3.9% per year over three years, and the latest operating margin is -5.5% on a 89% tuition-dependent revenue mix. Covering the deficit at today's rate, reserves would last roughly 8.4 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: -0.9 / 10, distressed.

Kehillah Jewish High School holds only 6 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Kehillah Jewish High School reported $12.4M in revenue against $13.0M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $6.1M — about 0.46x annual operating expense.

Operating margin landed at -5.5%, with 88.7% of revenue coming from tuition. Among same-size peers, that puts Kehillah Jewish High School at the p21 on operating margin.