Benton Academy

Benton Academy looks durable. Reserves cover 6 months of operating expense, a thin runway. Revenue is highly concentrated at 97% tuition-dependent (peer median 85%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 57% of expenses, leaner than the peer median. Net assets are growing 14.8%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 6.6 / 10, strong.

Benton Academy operates at 97% tuition dependency — among the most tuition-reliant 7% of peers in its cohort. A soft admissions year would flow straight to operations.

Benton Academy reported $2.4M in revenue against $2.2M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $1.1M — about 0.50x annual operating expense.

Operating margin landed at 11.3%, with 96.5% of revenue coming from tuition. Among same-size peers, that puts Benton Academy at the p75 on operating margin.