SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Madison-Ridgeland Academy
Madison, MS · Independent K-12
THE READ · FREE SUMMARY
Madison-Ridgeland Academy looks stable. The school holds 17 months of operating cushion, adequate runway. Revenue is highly concentrated at 92% tuition-dependent (peer median 86%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 63% of expenses, about par for the peer cohort. Expenses are outpacing revenue 8.8% vs 3.8% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 4.7 / 10, adequate — monitor.
Madison-Ridgeland Academy reported $19.6M in revenue against $19.3M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $27.3M — about 1.41x annual operating expense.
Operating margin landed at 1.6%, with 92.2% of revenue coming from tuition. Among same-size peers, that puts Madison-Ridgeland Academy at the p80 on operating margin.
$19.6M
REVENUE FY2024
1.6%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2024
THE FULL REPORT
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Ten panels on Madison-Ridgeland Academy: financial health, peer comparison, community demographics, paying & giving capacity, competitive position, enrollment demand, leadership compensation, governance — and the questions to ask. One subscription opens every school.
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WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, Madison-Ridgeland Academy ranks 13th by latest 990 revenue.
Revenue scale
WHAT’S IN THE REPORT
- Financials — IRS Form 990, up to nine years on file.
- Enrollment & demand — IRS 990 tuition revenue + U.S. Census county births.
- Competition — NCES private (PSS) + public (CCD) school inventory.
- Demographics — U.S. Census Bureau, ACS 5-year estimates.
- Local economy — U.S. Bureau of Labor Statistics, QCEW and CES.
- Peer set — 1,620 independent schools with verified financials.
The full school report
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