SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
The Traveling School
Bozeman, MT · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
The Traveling School shows signs of real financial distress. Reserves cover under 1 months of expenses, a precarious runway. Revenue runs 74% tuition-dependent (peer median 85%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 57% of expenses, well below the peer median, worth understanding why. Expenses are outpacing revenue -13.7% vs -16.6% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: -0.9 / 10, distressed.
The Traveling School holds only 1 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.
The Traveling School reported $550K in revenue against $623K in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $77K — about 0.12x annual operating expense.
Operating margin landed at -13.3%, with 73.8% of revenue coming from tuition. Among same-size peers, that puts The Traveling School at the p23 on operating margin.
$550K
REVENUE FY2024
-13.3%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2024
THE FULL REPORT
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Ten panels on The Traveling School: 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, The Traveling School ranks 21st 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.
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