Reply to Seneca Academy has gone out of business and will be closing its school.

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[quote=Anonymous][quote=Anonymous]I have a legitimate question:  What did the virus have to do with the position that they are in?

According to their website, all tuition was due by February, the month before the school shut-downs were announced.  Therefore, there should not have been any lost revenue this year.  In addition, the assistant teachers, apparently, were furloughed, so their payroll expense should have decreased.   Also, as a small business they should be eligible for some of the county/state/Federal grants.

According to the Fox story it is hurting due to the virus, but, as stated, I just don't understand how the virus contributed to their financial distress.[/quote]

Most parents pay monthly and they continue to enroll throughout the summer. Most smaller outer suburb schools do this. It’s not like Sidwell or something.

They would have made it without declining enrollment. And COVID hurt enrollment numbers and fundraising opportunities. It made several families pull out next year and then tuition didn’t cover costs.

Not saying they weren’t hurting before, but they were running.

And I’m not saying people expect it to be the same. The board still needs to restructure the budget and that might mean fewer assistant teachers. Or dialing it back to a pre-k through 2 and building it back up later. 
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