Chesapeake Academy

Chesapeake Academy looks durable. The school holds 12 months of operating cushion, adequate runway. Revenue runs 69% tuition-dependent (peer median 78%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 59% of expenses, leaner than the peer median. Expenses are outpacing revenue 6.6% vs 2.1% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 5.1 / 10, strong.

Chesapeake Academy reported $2.7M in revenue against $2.6M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $2.6M — about 1.02x annual operating expense.

Operating margin landed at 4.2%, with 69.4% of revenue coming from tuition. Among same-size peers, that puts Chesapeake Academy at the p57 on operating margin.