SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Maui Preparatory Academy
Lahaina, HI · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Maui Preparatory Academy looks durable. Reserves cover 8 months of operating expense, a thin runway. Revenue is unusually diversified at 64% tuition-dependent (peer median 82%). Staff compensation runs 37% of expenses, well below the peer median, worth understanding why. Expenses are outpacing revenue 28.9% vs 21.1% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 5.5 / 10, strong.
Maui Preparatory Academy reported $13.2M in revenue against $12.4M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $8.5M — about 0.68x annual operating expense.
Operating margin landed at 6.1%, with 63.5% of revenue coming from tuition. Among same-size peers, that puts Maui Preparatory Academy at the p60 on operating margin.
$13.2M
REVENUE FY2023
6.1%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Maui Preparatory Academy: financial health, peer comparison, community demographics, paying & giving capacity, competitive position, enrollment demand, leadership compensation, governance — and the questions to ask. One subscription opens every school.
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WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, Maui Preparatory Academy ranks 8th by latest 990 revenue.
Revenue scale
WHAT’S IN THE REPORT
- Financials — IRS Form 990, up to nine years on file.
- Enrollment & demand — IRS 990 tuition revenue + U.S. Census county births.
- Competition — NCES private (PSS) + public (CCD) school inventory.
- Demographics — U.S. Census Bureau, ACS 5-year estimates.
- Local economy — U.S. Bureau of Labor Statistics, QCEW and CES.
- Peer set — 1,620 independent schools with verified financials.
The full school report
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