Tipton-Rosemark Academy

Tipton-Rosemark Academy looks durable. Reserves cover 7 months of operating expense, a thin runway. Revenue is 86% tuition-dependent (peer median 85%), concentrated but in line with most independent day schools. Staff compensation runs 57% of expenses, well below the peer median, worth understanding why. Net assets are growing 30.8%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 7.1 / 10, strong.

Tipton-Rosemark Academy reported $9.6M in revenue against $7.9M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $4.4M — about 0.56x annual operating expense.

Operating margin landed at 17.8%, with 85.6% of revenue coming from tuition. Among same-size peers, that puts Tipton-Rosemark Academy at the p77 on operating margin.