Colorado Academy

Colorado Academy looks durable. The school holds 2.5 years of operating cushion, a healthy buffer. Revenue runs 79% tuition-dependent (peer median 78%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 63% of expenses, generous relative to peers. Net assets are growing 5.5%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 8.7 / 10, strong.

Colorado Academy reported $54.3M in revenue against $47.5M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $121.0M — about 2.55x annual operating expense.

Operating margin landed at 12.5%, with 78.8% of revenue coming from tuition. Among same-size peers, that puts Colorado Academy at the p77 on operating margin.