Glenforest School

Glenforest School is burning the cushion faster than the 1-month buffer suggests. Expenses are outpacing revenue 16.7% vs 6.8% per year over three years, and the latest operating margin is -15.5% on a 88% tuition-dependent revenue mix. Covering the deficit at today's rate, reserves would last roughly 9 more months — the full budget, by contrast, is covered for about 1 months if every revenue line stopped. The board conversation here is the recovery plan for the operating model and the timeline to break-even. NACUBO Composite Financial Index: -1.8 / 10, distressed.

Glenforest School holds only 1 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Glenforest School reported $1.5M in revenue against $1.7M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $212K — about 0.12x annual operating expense.

Operating margin landed at -15.5%, with 88.1% of revenue coming from tuition. Among same-size peers, that puts Glenforest School at the p0 on operating margin.