Robert Toombs Christian Academy sits in the watch range. Reserves cover 6 months of operating expense, a thin runway. Revenue is 84% tuition-dependent (peer median 88%), concentrated but in line with most independent day schools. Staff compensation runs 58% of expenses, well below the peer median, worth understanding why. Net assets are growing 33.4%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 1.7 / 10, watch.
Robert Toombs Christian Academy reported $2.6M in revenue against $2.6M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $1.3M — about 0.51x annual operating expense.
Operating margin landed at -0.2%, with 84.3% of revenue coming from tuition. Among same-size peers, that puts Robert Toombs Christian Academy at the p40 on operating margin.
Ten panels on Robert Toombs Christian 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.
Ten panels. One school. A year of access.
$250 a year — or $100 the first year for the founding 100.
Why “revenue scale” and not “endowment per student”: independent-school 990s don’t carry per-school enrollment, and NCES PSS coverage is partial, so we cannot divide endowment by a verified student count for every school. The bar above is each school’s latest reported total revenue. True endowment-per-student is scheduled for v1.1+ once Schedule D Part V parsing lands.
Peers are scored by similarity along three equal-weighted dimensions: size cohort (Form 990 employee count + max-revenue tier, a proxy for student enrollment, which the 990 does not carry), geographic region (eight-region grouping), and association overlap (NAIS, NBOA, regional councils). We rank the top 20 nearest peers and chart the first 12 by latest reported revenue. Values are the school’s most recently filed total revenue on IRS Form 990.