SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Cannon School Inc
Concord, NC · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Cannon School Inc looks stable. The school holds 17 months of operating cushion, adequate runway. Revenue is highly concentrated at 92% tuition-dependent (peer median 80%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 58% of expenses, leaner than the peer median. Expenses are outpacing revenue 7.9% vs 5.6% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 4.3 / 10, adequate — monitor.
Cannon School Inc operates at 92% tuition dependency — among the most tuition-reliant 0% of peers in its cohort. A soft admissions year would flow straight to operations.
Cannon School Inc reported $31.8M in revenue against $32.2M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $44.7M — about 1.39x annual operating expense.
Operating margin landed at -1.2%, with 92.5% of revenue coming from tuition. Among same-size peers, that puts Cannon School Inc at the p20 on operating margin.
$31.8M
REVENUE FY2023
-1.2%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Cannon School Inc: 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, Cannon School Inc ranks 8th 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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