Bright Water Waldorf Society

Bright Water Waldorf Society sits in the watch range. Reserves cover under 2 months of expenses, a precarious runway. Revenue is highly concentrated at 92% tuition-dependent (peer median 91%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 74% of expenses, generous relative to peers. NACUBO Composite Financial Index: 2.5 / 10, watch.

Bright Water Waldorf Society holds only 2 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Bright Water Waldorf Society reported $2.8M in revenue against $2.6M in expenses in fiscal year 2017, the most recent filing on record. Net assets stood at $427K — about 0.16x annual operating expense.

Operating margin landed at 5.3%, with 92.3% of revenue coming from tuition. Among same-size peers, that puts Bright Water Waldorf Society at the p44 on operating margin.