Book A Composite Review · The Financial Statement Benchmark

Your Figures

The figures off your income statement and balance sheet. Our audit team builds your benchmark from them — where your cost structure sits against schools your size, how your growth compares, and your composite — and we walk you through it on a 30-minute call. We do not return any of this on the page.

The classification decisions behind adjusted equity — which receivables are unsecured related-party, which debt is allowable, which leases are pre- or post-implementation — are judgment calls, and they are the conversation.

Enter whole dollars. Dollar signs, commas and parentheses for a loss are all fine.

Institution nameOptionalWhat kind of school are you?We compare you with schools like yours where enough of them are in the cohort.

Fiscal year endOptional

From your income statement

Total revenues and gainsTotal revenue including investment and other income, which is usually slightly higher than the revenue subtotal on your statement of income.Total expenses and lossesIncome before taxesBefore your tax provision. Enter a loss in parentheses.Income (loss) from operationsRevenue less operating expenses, before interest, other income and taxes. Most statements show it as its own line. If yours doesn't, leave it blank and we'll work it out.Net income (loss)The last line of the income statement, after interest, other income and taxes.Marketing, advertising and recruitment expenseOccupancy and facilities expenseDepreciation and amortization

How does your statement present salaries?

Salaries and benefits are a separate lineSalaries are included within instruction and G&A

This decides which group of schools we compare your instruction and G&A figures against. Schools that separate salaries report instruction near 7% of revenue; schools that bundle them report near 31%.

Total salaries, wages and benefitsEverything paid to staff and faculty, including benefits and payroll taxes, wherever it sits on your statement. If your statement folds it into other lines, your trial balance or payroll register will have the total.Instructional / educational services expense

General and administrative expense

Prior year, if your statement shows it (optional)

From the comparative column of the same statement. Leave blank if your statement is single-year — we will ask for the prior report on the call.

Prior-year total revenuesPrior-year total expenses

From your balance sheet

Total assetsTotal equityIntangible assets including goodwillGoodwill plus other intangibles. Zero is a common and valid answer.Property, plant and equipment, netOperating lease liabilities, post-implementationRight-of-use assets, post-implementation

If your balance sheet carries unsecured related-party receivables, an allowable line of credit, or a pension liability, entering the amount here matches how your auditor computes the ratio. A blank field is not the same as a zero: leaving one empty tells us you do not know, and we will ask about it on the call. Enter 0 only where you have checked and there is none.

Refine Your Adjusted Equity (Optional)

Enter each of these as a positive amount. The composite formula already carries the sign, so a figure typed in parentheses here is read as positive. Leave a field blank if you do not know — that is not read as zero, and we will ask about it on the call.

Unsecured related-party receivablesPost-employment and defined benefit pension liabilitiesAllowable debt, pre- and post-implementation combinedAllowable post-implementation line of creditRight-of-use assets, pre-implementationLease liability, pre-implementation

90/10, if you have the two figures (optional)

Post-ARPA federal revenue and total cash revenue for a single campus. There is no public benchmark for the post-ARPA calculation, so this is the only place you will see one.

Federal revenue, post-ARPATotal cash revenue