Beaufort Academy

Beaufort Academy looks durable. Reserves cover 3 months of operating expense, a thin runway. Revenue is 84% tuition-dependent (peer median 87%), concentrated but in line with most independent day schools. Staff compensation runs 60% of expenses, well below the peer median, worth understanding why. Net assets are growing 12.0%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 5.3 / 10, strong.

Beaufort Academy holds only 3 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Beaufort Academy reported $5.4M in revenue against $4.9M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $1.4M — about 0.29x annual operating expense.

Operating margin landed at 9.0%, with 84.3% of revenue coming from tuition. Among same-size peers, that puts Beaufort Academy at the p80 on operating margin.