Reading Nook Academy operated at a healthy surplus (11.2% margin), 81st percentile among peers, with less than a year of operating expense in net assets (4th percentile). Revenue is 100% tuition-dependent (100th percentile, among the more tuition-reliant peers in the cohort).
Reading Nook Academy operates at 100% tuition dependency — among the most tuition-reliant 0% of peers in its cohort. A soft admissions year would flow straight to operations.
Reading Nook Academy reported $670K in revenue against $595K in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $0.
Operating margin landed at 11.2%, with 100.0% of revenue coming from tuition. Among same-size peers, that puts Reading Nook Academy at the p81 on operating margin.
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Why “revenue scale” and not “endowment per student”: independent-school 990s don’t carry per-school enrollment, and NCES PSS coverage is partial, so we cannot divide endowment by a verified student count for every school. The bar above is each school’s latest reported total revenue. True endowment-per-student is scheduled for v1.1+ once Schedule D Part V parsing lands.
Peers are scored by similarity along three equal-weighted dimensions: size cohort (Form 990 employee count + max-revenue tier, a proxy for student enrollment, which the 990 does not carry), geographic region (eight-region grouping), and association overlap (NAIS, NBOA, regional councils). We rank the top 20 nearest peers and chart the first 12 by latest reported revenue. Values are the school’s most recently filed total revenue on IRS Form 990.