SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Fishburne Military School
Waynesboro, VA · Independent school
THE READ · FREE SUMMARY
Fishburne Military School sits in the watch range. The school holds 3.6 years of operating cushion, on the lighter end for a boarding school. Revenue is unusually diversified at 42% tuition-dependent (HiveCheck peer-group median 84%), with the endowment and gifts carrying real weight. Staff compensation runs 44% of expenses, well below the peer median, worth understanding why. Three-year net-asset trend is negative (-5.4%/yr), indicating reserve drawdown. NACUBO Composite Financial Index: 2.9 / 10, watch.
Fishburne Military School runs only 42% tuition-dependent — unusually diversified for an independent school. Endowment payout and contributions carry meaningful weight in the operating budget.
Fishburne Military School reported $4.3M in revenue against $4.6M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $16.4M — about 3.56x annual operating expense.
Operating margin landed at -7.5%, with 41.8% of revenue coming from tuition. Among same-size peers, that puts Fishburne Military School at the p18 on operating margin.
$4.3M
REVENUE FY2024
-7.5%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2024
THE FULL REPORT
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Ten panels on Fishburne Military 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, Fishburne Military School ranks 14th 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 — 1,650 independent schools with verified financials.
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