Whidbey Island Waldorf School

Whidbey Island Waldorf School looks durable. Reserves cover 4 months of operating expense, a thin runway. Revenue is 82% tuition-dependent (peer median 89%), concentrated but in line with most independent day schools. Staff compensation runs 68% of expenses, about par for the peer cohort. Net assets are growing 15.1%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 5.1 / 10, strong.

Whidbey Island Waldorf School holds only 4 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Whidbey Island Waldorf School reported $3.0M in revenue against $2.8M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $828K — about 0.30x annual operating expense.

Operating margin landed at 7.2%, with 82.4% of revenue coming from tuition. Among same-size peers, that puts Whidbey Island Waldorf School at the p79 on operating margin.