Complete Student, The

Complete Student, The looks stable. Reserves cover 4 months of operating expense, a thin runway. Revenue is 90% tuition-dependent (peer median 87%), concentrated but in line with most independent day schools. Staff compensation runs 61% of expenses, leaner than the peer median. Expenses are outpacing revenue 24.1% vs 15.5% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 3.3 / 10, adequate — monitor.

Complete Student, The holds only 4 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Complete Student, The reported $772K in revenue against $755K in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $268K — about 0.36x annual operating expense.

Operating margin landed at 2.3%, with 89.7% of revenue coming from tuition. Among same-size peers, that puts Complete Student, The at the p56 on operating margin.