Porter Academy

Porter Academy sits in the watch range. The school holds 12 months of operating cushion, adequate runway. Revenue is highly concentrated at 100% tuition-dependent (peer median 84%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 80% of expenses, generous relative to peers. Expenses are outpacing revenue -1.9% vs -12.3% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 3.0 / 10, watch.

Porter Academy operates at 100% tuition dependency — among the most tuition-reliant 0% of peers in its cohort. A soft admissions year would flow straight to operations.

Porter Academy reported $1.1M in revenue against $1.1M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $1.1M — about 1.00x annual operating expense.

Operating margin landed at -1.0%, with 99.9% of revenue coming from tuition. Among same-size peers, that puts Porter Academy at the p28 on operating margin.