Jewish Day School of Metropolitan Seattle

Jewish Day School of Metropolitan Seattle is burning the cushion faster than the 2.7-year buffer suggests. Expenses are outpacing revenue 15.5% vs 2.0% per year over three years, and the latest operating margin is -38.7% on a 60% tuition-dependent revenue mix. Covering the deficit at today's rate, reserves would last roughly 7.0 more years — the full budget, by contrast, is covered for about 2.7 years 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: 2.3 / 10, watch.

Jewish Day School of Metropolitan Seattle reported $4.7M in revenue against $6.5M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $17.7M — about 2.72x annual operating expense.

Operating margin landed at -38.7%, with 59.9% of revenue coming from tuition. Among same-size peers, that puts Jewish Day School of Metropolitan Seattle at the p0 on operating margin.