Riverdale Academy

Riverdale Academy sits in the watch range. Reserves cover 6 months of operating expense, a thin runway. Revenue is highly concentrated at 98% tuition-dependent (peer median 91%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 47% of expenses, well below the peer median, worth understanding why. Net assets are growing 15.3%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 2.5 / 10, watch.

Riverdale Academy operates at 98% tuition dependency — among the most tuition-reliant 10% of peers in its cohort. A soft admissions year would flow straight to operations.

Riverdale Academy reported $1.0M in revenue against $1.4M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $762K — about 0.54x annual operating expense.

Operating margin landed at -40.0%, with 97.7% of revenue coming from tuition. Among same-size peers, that puts Riverdale Academy at the p0 on operating margin.