SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Navajo Preparatory School
Farmington, NM · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Navajo Preparatory School looks durable. The school holds 2.8 years of operating cushion, on the lighter end for a boarding school. Revenue is unusually diversified at 3% tuition-dependent (peer median 88%), with the endowment and gifts carrying real weight. Staff compensation runs 54% of expenses, well below the peer median, worth understanding why. Expenses are outpacing revenue 8.9% vs 2.1% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 9.2 / 10, strong.
Navajo Preparatory School runs only 3% tuition-dependent — unusually diversified for an independent school. Endowment payout and contributions carry meaningful weight in the operating budget.
Navajo Preparatory School reported $18.6M in revenue against $14.3M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $39.5M — about 2.76x annual operating expense.
Operating margin landed at 23.2%, with 3.3% of revenue coming from tuition. Among same-size peers, that puts Navajo Preparatory School at the p93 on operating margin.
$18.6M
REVENUE FY2023
23.2%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Navajo Preparatory 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, Navajo Preparatory School ranks 7th 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.
The full school report
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