Admiral Farragut Academy Inc

Admiral Farragut Academy Inc looks stable. Reserves cover 5 months of operating expense, a thin runway. Revenue is 83% tuition-dependent (peer median 86%), concentrated but in line with most independent day schools. Staff compensation runs 44% of expenses, well below the peer median, worth understanding why. Net assets are growing 13.5%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 4.1 / 10, adequate — monitor.

Admiral Farragut Academy Inc holds only 5 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Admiral Farragut Academy Inc reported $17.9M in revenue against $17.0M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $7.1M — about 0.42x annual operating expense.

Operating margin landed at 5.2%, with 82.8% of revenue coming from tuition. Among same-size peers, that puts Admiral Farragut Academy Inc at the p41 on operating margin.