Haleakala Waldorf School

Haleakala Waldorf School looks durable. Reserves cover 6 months of operating expense, a thin runway. Revenue runs 75% tuition-dependent (peer median 87%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 64% of expenses, leaner than the peer median. Net assets are growing 5.3%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 7.1 / 10, strong.

Haleakala Waldorf School holds only 6 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Haleakala Waldorf School reported $6.4M in revenue against $5.4M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $2.6M — about 0.47x annual operating expense.

Operating margin landed at 14.7%, with 74.9% of revenue coming from tuition. Among same-size peers, that puts Haleakala Waldorf School at the p80 on operating margin.