Runnels Academy High School-Big Spring

Runnels Academy High School-Big Spring is burning the cushion faster than the 0-month buffer suggests. Expenses are outpacing revenue 8.5% vs -1.5% per year over three years, and the latest operating margin is -32.3% on a 36% tuition-dependent revenue mix. Covering the deficit at today's rate, reserves would last roughly 1 more months — the full budget, by contrast, is covered for about 0 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: -2.0 / 10, distressed.

Runnels Academy High School-Big Spring runs only 36% tuition-dependent — unusually diversified for an independent school. Endowment payout and contributions carry meaningful weight in the operating budget.

Runnels Academy High School-Big Spring reported $958K in revenue against $1.3M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $20K — about 0.01x annual operating expense.

Operating margin landed at -32.3%, with 36.2% of revenue coming from tuition. Among same-size peers, that puts Runnels Academy High School-Big Spring at the p8 on operating margin.