Sea Crest School Inc looks stable. Reserves cover 9 months of operating expense, a thin runway. Revenue is highly concentrated at 92% tuition-dependent (peer median 84%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 62% of expenses, about par for the peer cohort. Net assets are growing 5.9%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 3.9 / 10, adequate — monitor.
Sea Crest School Inc operates at 92% tuition dependency — among the most tuition-reliant 20% of peers in its cohort. A soft admissions year would flow straight to operations.
Sea Crest School Inc reported $9.5M in revenue against $9.1M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $6.5M — about 0.71x annual operating expense.
Operating margin landed at 3.9%, with 91.9% of revenue coming from tuition. Among same-size peers, that puts Sea Crest School Inc at the p57 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.