Pace Academy Inc

Pace Academy Inc looks durable. The school holds 3.5 years of operating cushion: deep institutional balance. Revenue is 83% tuition-dependent (peer median 78%), concentrated but in line with most independent day schools. Staff compensation runs 56% of expenses, leaner than the peer median. Expenses are outpacing revenue 8.7% vs 0.1% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 6.7 / 10, strong.

Pace Academy Inc holds 3.5 years of operating expense in net assets — a deeper reserve position than most independent day schools carry. Less exposed than peers to a one-year admissions shock.

Pace Academy Inc reported $52.8M in revenue against $49.4M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $174.6M — about 3.54x annual operating expense.

Operating margin landed at 6.5%, with 82.8% of revenue coming from tuition. Among same-size peers, that puts Pace Academy Inc at the p50 on operating margin.