Bear Creek School

Bear Creek School looks durable. The school holds 16 months of operating cushion, adequate runway. Revenue is highly concentrated at 90% tuition-dependent (peer median 83%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 59% of expenses, leaner than the peer median. Net assets are growing 15.8%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 6.8 / 10, strong.

Bear Creek School operates at 90% tuition dependency — among the most tuition-reliant 10% of peers in its cohort. A soft admissions year would flow straight to operations.

Bear Creek School reported $29.5M in revenue against $27.2M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $36.3M — about 1.34x annual operating expense.

Operating margin landed at 7.9%, with 90.2% of revenue coming from tuition. Among same-size peers, that puts Bear Creek School at the p70 on operating margin.