PRINCETON DAY SCHOOL INC
Mission Statement
Princeton Day School nurtures the mind, the body, and the character of each student. In academics, athletics, the arts, and service, we celebrate the pursuit of individual excellence and the spirit of collaboration that binds us together as a community. We seek diversity of cultures, views, and talents to promote the intellectual growth and moral development of our students. Our rigorous and broad JK-12 program is designed for motivated and academically talented students. We emphasize both creative and critical thought and their clear expression. Supported by an exceptional faculty and a cooperative partnership of school and home, our students discover the joy of learning. They explore their interests, cultivate enduring relationships with teachers and peers, take risks, and thrive. Integrity, respect, and compassion are essential to the school’s mission. Our students leave Princeton Day School well equipped for college and beyond: prepared to act knowledgeably, to lead thoughtfully, to share generously, and to contribute meaningfully.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.7% | 84.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.5% | 13.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.8% | 0.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
29.7 mo | 10.9 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
32.3% | 34.2% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
89.0% | 87.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
2.9% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.8% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-8.0% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $45.3M | $49.0M | $121.3M | 79.7% | 457 |
| 2022 | $44.1M | $45.9M | $116.8M | 81.8% | 464 |
| 2021 | $58.5M | $43.1M | N/A | — | 400 |
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