Red Bridge

Red Bridge shows signs of real financial distress. Reserves cover under 1 months of expenses, a precarious runway. Revenue runs 65% tuition-dependent (peer median 79%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 70% of expenses, about par for the peer cohort. NACUBO Composite Financial Index: -1.8 / 10, distressed.

Red Bridge holds only 1 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Red Bridge reported $1.6M in revenue against $1.6M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $68K — about 0.04x annual operating expense.

Operating margin landed at -4.3%, with 65.0% of revenue coming from tuition. Among same-size peers, that puts Red Bridge at the p39 on operating margin.