Kellman Brown Academy

Kellman Brown Academy looks durable. The school holds 2.0 years of operating cushion, a healthy buffer. Revenue is unusually diversified at 54% tuition-dependent (peer median 81%). Staff compensation runs 63% of expenses, leaner than the peer median. Net assets are growing 10.2%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 10.0 / 10, strong.

Kellman Brown Academy runs only 54% tuition-dependent — unusually diversified for an independent school. Endowment payout and contributions carry meaningful weight in the operating budget.

Kellman Brown Academy reported $6.2M in revenue against $4.4M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $8.8M — about 1.99x annual operating expense.

Operating margin landed at 29.3%, with 53.9% of revenue coming from tuition. Among same-size peers, that puts Kellman Brown Academy at the p97 on operating margin.