Bowling Green School looks strained. Reserves cover 7 months of operating expense, a thin runway. Revenue runs 78% tuition-dependent (peer median 88%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 58% of expenses, about par for the peer cohort. Expenses are outpacing revenue 16.9% vs 10.1% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 0.0 / 10, re-engineer.
Bowling Green School reported $3.7M in revenue against $3.8M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $2.3M — about 0.61x annual operating expense.
Operating margin landed at -4.1%, with 77.8% of revenue coming from tuition. Among same-size peers, that puts Bowling Green School at the p31 on operating margin.
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Why “revenue scale” and not “endowment per student”: independent-school 990s don’t carry per-school enrollment, and NCES PSS coverage is partial, so we cannot divide endowment by a verified student count for every school. The bar above is each school’s latest reported total revenue. True endowment-per-student is scheduled for v1.1+ once Schedule D Part V parsing lands.
Peers are scored by similarity along three equal-weighted dimensions: size cohort (Form 990 employee count + max-revenue tier, a proxy for student enrollment, which the 990 does not carry), geographic region (eight-region grouping), and association overlap (NAIS, NBOA, regional councils). We rank the top 20 nearest peers and chart the first 12 by latest reported revenue. Values are the school’s most recently filed total revenue on IRS Form 990.