SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
French American School of Puget Sound
Mercer Island, WA · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
French American School of Puget Sound looks stable. The school holds 11 months of operating cushion, adequate runway. Revenue is highly concentrated at 95% tuition-dependent (peer median 87%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 73% of expenses, generous relative to peers. Expenses are outpacing revenue 11.4% vs 8.0% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 4.2 / 10, adequate — monitor.
French American School of Puget Sound operates at 95% tuition dependency — among the most tuition-reliant 13% of peers in its cohort. A soft admissions year would flow straight to operations.
French American School of Puget Sound reported $16.9M in revenue against $16.3M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $15.0M — about 0.92x annual operating expense.
Operating margin landed at 4.0%, with 95.1% of revenue coming from tuition. Among same-size peers, that puts French American School of Puget Sound at the p53 on operating margin.
$16.9M
REVENUE FY2023
4.0%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
Subscribe to see the full report.
Ten panels on French American School of Puget Sound: financial health, peer comparison, community demographics, paying & giving capacity, competitive position, enrollment demand, leadership compensation, governance — and the questions to ask. One subscription opens every school.
ANNUAL SUBSCRIPTION · CANCEL ANYTIME · 99 FOUNDING SPOTS LEFT
WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, French American School of Puget Sound ranks 8th by latest 990 revenue.
Revenue scale
WHAT’S IN THE REPORT
- Financials — IRS Form 990, up to nine years on file.
- Enrollment & demand — IRS 990 tuition revenue + U.S. Census county births.
- Competition — NCES private (PSS) + public (CCD) school inventory.
- Demographics — U.S. Census Bureau, ACS 5-year estimates.
- Local economy — U.S. Bureau of Labor Statistics, QCEW and CES.
- Peer set — 1,620 independent schools with verified financials.
The full school report
Ten panels. One school. A year of access.
$250 a year — or $100 the first year for the founding 100.
ANNUAL SUBSCRIPTION · $100 FIRST YEAR FOR FOUNDING MEMBERS · CANCEL ANYTIME · 99 FOUNDING SPOTS LEFT