Westside Neighborhood School

Westside Neighborhood School looks stable. Reserves cover 5 months of operating expense, a thin runway. Revenue is 85% tuition-dependent (peer median 86%), concentrated but in line with most independent day schools. Staff compensation runs 56% of expenses, leaner than the peer median. Net assets are growing 33.2%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 4.8 / 10, adequate — monitor.

Westside Neighborhood School holds only 5 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Westside Neighborhood School reported $29.8M in revenue against $27.9M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $11.6M — about 0.41x annual operating expense.

Operating margin landed at 6.1%, with 85.5% of revenue coming from tuition. Among same-size peers, that puts Westside Neighborhood School at the p63 on operating margin.