Shalom School

Shalom School is burning the cushion faster than the 5-month buffer suggests. Expenses are outpacing revenue 10.0% vs 1.0% per year over three years, and the latest operating margin is -16.4% on a 75% tuition-dependent revenue mix. Covering the deficit at today's rate, reserves would last roughly 2.5 more years — the full budget, by contrast, is covered for about 5 months if every revenue line stopped. The board conversation here is the recovery plan for the operating model and the timeline to break-even. NACUBO Composite Financial Index: -0.8 / 10, distressed.

Shalom School holds only 5 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Shalom School reported $3.5M in revenue against $4.1M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $1.7M — about 0.41x annual operating expense.

Operating margin landed at -16.4%, with 74.9% of revenue coming from tuition. Among same-size peers, that puts Shalom School at the p86 on operating margin.