SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Riverside Preparatory Academy
Gainesville, GA · Independent school
THE READ · FREE SUMMARY
Riverside Preparatory Academy is burning the cushion faster than the 10-month buffer suggests. Expenses are outpacing revenue -4.9% vs -10.0% per year over three years, and the latest operating margin is -48.2% on a 81% tuition-dependent revenue mix. Covering the deficit at today's rate, reserves would last roughly 22 more months — the full budget, by contrast, is covered for about 10 months if every revenue line stopped. The board conversation here is the recovery plan for the residential model and the timeline to break-even. NACUBO Composite Financial Index: 0.2 / 10, re-engineer.
Riverside Preparatory Academy reported $15.1M in revenue against $22.4M in expenses in fiscal year 2022, the most recent filing on record. Net assets stood at $19.4M — about 0.87x annual operating expense.
Operating margin landed at -48.2%, with 80.7% of revenue coming from tuition. Among same-size peers, that puts Riverside Preparatory Academy at the p0 on operating margin.
$15.1M
REVENUE FY2022
-48.2%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2022
THE FULL REPORT
Subscribe to see the full report.
Ten panels on Riverside Preparatory 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.
ANNUAL SUBSCRIPTION · CANCEL ANYTIME · 99 FOUNDING SPOTS LEFT
WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, Riverside Preparatory Academy ranks 11th 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 — 1,650 independent schools with verified financials.
The full school report
Ten panels. One school. A year of access.
$250 a year — or $100 the first year for the founding 100.
ANNUAL SUBSCRIPTION · $100 FIRST YEAR FOR FOUNDING MEMBERS · CANCEL ANYTIME · 99 FOUNDING SPOTS LEFT