SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Kerr-Vance Academy
Henderson, NC · Independent school
THE READ · FREE SUMMARY
Kerr-Vance Academy looks durable. The school holds 13 months of operating cushion, adequate runway. Revenue is highly concentrated at 94% tuition-dependent (peer median 88%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 68% of expenses, leaner than the peer median. NACUBO Composite Financial Index: 9.4 / 10, strong.
Kerr-Vance Academy reported $2.5M in revenue against $2.0M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $2.2M — about 1.09x annual operating expense.
Operating margin landed at 17.3%, with 94.3% of revenue coming from tuition. Among same-size peers, that puts Kerr-Vance Academy at the p90 on operating margin.
$2.5M
REVENUE FY2023
17.3%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Kerr-Vance Academy: 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, Kerr-Vance Academy ranks 20th 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.
The full school report
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