Pardes Jewish Day School

Pardes Jewish Day School is burning the cushion faster than the 8-month buffer suggests. Expenses are outpacing revenue 10.5% vs 5.2% per year over three years, and the latest operating margin is -10.8% on a 94% tuition-dependent revenue mix. Covering the deficit at today's rate, reserves would last roughly 6.6 more years — the full budget, by contrast, is covered for about 8 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: -0.0 / 10, distressed.

Pardes Jewish Day School operates at 94% tuition dependency — among the most tuition-reliant 10% of peers in its cohort. A soft admissions year would flow straight to operations.

Pardes Jewish Day School reported $6.6M in revenue against $7.3M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $5.2M — about 0.71x annual operating expense.

Operating margin landed at -10.8%, with 93.7% of revenue coming from tuition. Among same-size peers, that puts Pardes Jewish Day School at the p13 on operating margin.