Stellar Academy for Dyslexics looks strained. Reserves cover 5 months of operating expense, a thin runway. Revenue is 86% tuition-dependent (HiveCheck peer-group median 82%), concentrated but in line with most independent day schools. Staff compensation runs 78% of expenses, generous relative to peers. Three-year net-asset trend is negative (-20.6%/yr), indicating reserve drawdown. NACUBO Composite Financial Index: 0.2 / 10, re-engineer.
Stellar Academy for Dyslexics holds only 5 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.
Stellar Academy for Dyslexics reported $517K in revenue against $538K in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $227K — about 0.42x annual operating expense.
Operating margin landed at -4.0%, with 86.3% of revenue coming from tuition. Among same-size peers, that puts Stellar Academy for Dyslexics at the p37 on operating margin.
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Why “revenue scale” and not “endowment per student”: independent-school 990s don’t carry per-school enrollment, and NCES PSS coverage is partial, so we cannot divide endowment by a verified student count for every school. The bar above is each school’s latest reported total revenue. True endowment-per-student is scheduled for v1.1+ once Schedule D Part V parsing lands.
Peers are scored by similarity along three equal-weighted dimensions: size cohort (Form 990 employee count + max-revenue tier, a proxy for student enrollment, which the 990 does not carry), geographic region (eight-region grouping), and association overlap (NAIS, NBOA, regional councils). We rank the top 20 nearest peers and chart the first 12 by latest reported revenue. Values are the school’s most recently filed total revenue on IRS Form 990.