Orinda Academy

Orinda Academy is burning the cushion faster than the 1-month buffer suggests. Expenses are outpacing revenue -14.1% vs -21.1% per year over three years, and the latest operating margin is -14.2% on a 84% tuition-dependent revenue mix. Covering the deficit at today's rate, reserves would last roughly 4 more months — the full budget, by contrast, is covered for about 1 months 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: -2.0 / 10, distressed.

Orinda Academy holds only 1 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Orinda Academy reported $1.7M in revenue against $2.0M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $97K — about 0.05x annual operating expense.

Operating margin landed at -14.2%, with 83.8% of revenue coming from tuition. Among same-size peers, that puts Orinda Academy at the p14 on operating margin.