SEACREST SCHOOL INC
Mission Statement
Seacrest Country Day School fuels intellectual engagement, teaches ownership of the educational experience, cultivates quality of character, and inspires students to lead lives of significance. Core Values The Seacrest Community believes in the power of: Intellectual Engagement – Students are challenged each day to achieve their full academic potential; intellectual risk taking and creativity are expected and rewarded. Authentic Learning – Students discover the intrinsic value of the learning process and joy in the attainment of knowledge for its own end. Collaboration and Integrative Thinking - Students and teachers come together to learn, explore and discuss; wrestling with essential questions and real-world applications across disciplines leads to deeper overall understanding. Integrity and Community Responsibility - Students count and are counted upon; they are responsible for their words, actions, and attitudes. Leadership, Empathy, and Service - Students become leaders who understand the needs of others and harness the power of community to effect change and build lives of significance.
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
|
78.0% | 84.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.0% | 13.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.0% | 0.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
18.9 mo | 10.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
38.0% | 34.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
78.4% | 87.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
6.7% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
18.0% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-5.9% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $10.5M | $11.1M | $17.5M | 78.0% | 158 |
| 2022 | $9.8M | $9.4M | $18.1M | 79.3% | 150 |
| 2021 | $8.5M | $7.5M | N/A | — | 143 |
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