2024-01-25T12:57:39-05:00 2023-06-30 020428003 HESSION & PARE PC 62 STARK STREET MANCHESTER NH 031011970 990 2022-07-01 020309681 MAGDALEN COLLEGE MAGD 6034562656 511 KEARSARGE MOUNTAIN ROAD WARNER NH 032789206 RYAN MESSMORE PRESIDENT/TRUSTEE 6034562656 2024-01-15 true RYAN MESSMORE 999009999 false JENNIFER WEBB CPA P01714019 6036695477 2024-01-15 2022 2023-04-26 12:10:37Z RYAN MESSMORE 511 KEARSARGE MOUNTAIN ROAD WARNER NH 03278 2785336 false X WWW.MAGDALEN.EDU X 1973 NH ORGANIZATION IS A FOUR-YEAR LIBERAL ARTS COLLEGE, OFFERING ASSOCIATE OF ARTS AND BACHELOR OF ARTS DEGREES IN LIBERAL STUDIES. MISSION IS TO CREATE AND GOVERN A ROMAN CATHOLIC INSTITUTION OF HIGHER LEARNING, PURSUANT TO THE PRINCIPLES AS SET FORTH IN THE APOSTOLIC CONSTITUTION ON CATHOLIC UNIVERSITIES OF POPE JOHN PAUL II. ITS MISSION IS ACCOMPLISHED THROUGH AN INTEGRATED AND ORDERED COMMON LIFE, DIRECTED BY CATHOLIC PRINCIPLES AND GROUNDED IN THE SOCRATIC PEDAGOGICAL METHOD OF INQUIRY. 7 6 69 27 0 2192160 309110 1954108 1919092 19490 36235 32988 407178 4198746 2671615 1272190 988615 0 1476714 1298993 0 7538 1098731 1135113 3847635 3422721 351111 -751106 4581565 3658951 3933870 3774668 647695 -115717 X ORGANIZATION IS A FOUR-YEAR LIBERAL ARTS COLLEGE, OFFERING ASSOCIATE OF ARTS AND BACHELOR OF ARTS DEGREES IN LIBERAL STUDIES. MISSION IS TO CREATE AND GOVERN A ROMAN CATHOLIC INSTITUTION OF HIGHER LEARNING, PURSUANT TO THE PRINCIPLES AS SET FORTH IN THE APOSTOLIC CONSTITUTION ON CATHOLIC UNIVERSITIES OF POPE JOHN PAUL II. ITS MISSION IS ACCOMPLISHED THROUGH AN INTEGRATED AND ORDERED COMMON LIFE, DIRECTED BY CATHOLIC PRINCIPLES AND GROUNDED IN THE SOCRATIC PEDAGOGICAL METHOD OF INQUIRY. false false 2981518 988615 1919092 THE COLLEGE PROGRAM OF STUDIES OFFERS ASSOCIATE AND BACHELOR OF ARTS DEGREES OVER A TWO TO FOUR YEAR COURSE OF FULL-TIME STUDY. THE PROGRAM IS AN INTEGRATED PROGRAM OF LIBERAL ARTS AND ROMAN CATHOLIC THEOLOGY TAUGHT IN THE SOCRATIC SEMINAR PEDAGOGICAL METHOD. 2981518 true true false false false false false false false true true false false false true false true false true false false false false false false false false false true true false false false true false false false false true false false false false false false false false true 1 0 69 true false false false false false false false false false false false false X 7 6 false false false false false false false true true false false true true true true true true true false false NH X RYAN MESSMORE 6034562656 511 KEARSARGE MOUNTAIN ROAD WARNER NH 03278 VICTOR PRIETO CHAIRMAN 40.00 X X 0 0 0 BERNARD TOWNE TREASURER 2.00 X X 0 0 0 DAVID CURRIER SECRETARY 2.00 X X 0 0 0 NATHAN BOND TRUSTEE 2.00 X 0 0 0 REV MICHAEL SARTORI TRUSTEE 2.00 X 0 0 0 DANIEL SWEGART TRUSTEE 2.00 X 0 0 0 RYAN MESSMORE PRESIDENT/TR 60.00 X X 134272 0 31706 R DANIEL PETERSON COO/CFO TO 6 0.00 X 52062 0 0 186334 31706 1 false true false 4996 304114 70915 309110 TUITION, ROOM, & BOARD - NET 611600 1891100 1891100 SUMMER PROGRAM 611600 27992 27992 1919092 31727 31727 116253 1976 113721 2532 1976 4508 4508 OTHER INCOME 900099 407178 407178 407178 2671615 2326270 36235 988615 988615 137222 137222 916030 871698 44332 14257 14257 151128 151128 80356 66467 13889 31609 31609 1456 1456 99775 31330 68445 40693 33597 2501 4595 19894 8480 8471 2943 106294 106294 6944 743 6201 2574 2574 50623 50623 244942 244942 86042 79361 6681 FOOD SERVICES 162258 156690 5568 REPAIRS AND MAINTENANCE 61369 61369 PROPERTY AND OTHER TAX 54672 54672 EVENTS EXPENSE 31608 30634 974 134360 78667 55693 3422721 2981518 433665 7538 104153 41389 260153 5110 555357 90614 25336 12657 242040 242195 9131059 6744436 2544047 2386623 850479 870972 9391 4581565 3658951 94872 98413 69660 9000 69200 51900 3600276 3552462 99862 62893 3933870 3774668 X 116012 -219411 531683 103694 647695 -115717 4581565 3658951 X -751106 732 -13038 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6836 4996 1284 13116 6836 6836 6836 6836 6836 6836 6836 6836 0.09310 0.90210 0.00480 false false 258475 258475 7892793 5890765 2002028 979791 853671 126120 2386623 CHARITABLE GIFT ANNUITY 32106 PENSION ANNUITY OBLIGATION 21275 FINANCING LEASE LIABILITY 9512 62893 1729359 732 60000 -12917 47815 1681544 1456 988615 990071 2671615 2492771 60000 121 60121 2432650 1456 988615 990071 3422721 SCHEDULE D, PAGE 2, PART V, LINE 4 THESE FUNDS WILL BE USED TO SUPPORT THE COLLEGE'S MISSION OF OFFERING ASSOCIATE AND BACHELOR OF ARTS DEGREES. SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN PENSION LIABILITY -10,862 CHANGE IN GIFT ANNUITY OBLIGATIONS -2,055 SCHEDULE D, PAGE 4, PART XI, LINE 4B SCHOLARSHIPS NETTED AGAINST INCOME ON FINANCIAL STATEMENT 988,615 SCHEDULE D, PAGE 4, PART XII, LINE 2D ASC 842 LEASE ADJUSTMENT 121 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS NETTED AGAINST INCOME ON FINANCIAL STATEMENT 988,615 true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 INCLUDED IN COLLEGE CATALOG AND PROMOTIONAL PUBLICATIONS DISTRIBUTED DURING THE YEAR. true SCHOLARSHIP 61 988615 FMV TUITION ASST SCHEDULE I, PAGE 1, PART I, LINE 2 SCHOLARSHIPS ARE PROVIDED TO STUDENTS FOR TUITION ASSISTANCE TO ATTEND THE 2022-2023 ACADEMIC SCHOOL YEAR. X false false false false false false false false false RYAN MESSMORE PRESIDENT/TRUSTEE 134272 3701 28005 165978 DAVID CURRIER BOARD MEMBER OPERATIONS X 235000 51900 false true true 51900 X 1 15797 FAIR MARKET VALUE X 2 55118 FAIR MARKET VALUE false true false FORM 990 - ORGANIZATION'S MISSION ORGANIZATION IS A FOUR-YEAR LIBERAL ARTS COLLEGE, OFFERING ASSOCIATE OF ARTS AND BACHELOR OF ARTS DEGREES IN LIBERAL STUDIES. MISSION IS TO CREATE AND GOVERN A ROMAN CATHOLIC INSTITUTION OF HIGHER LEARNING, PURSUANT TO THE PRINCIPLES AS SET FORTH IN THE APOSTOLIC CONSTITUTION ON CATHOLIC UNIVERSITIES OF POPE JOHN PAUL II. ITS MISSION IS ACCOMPLISHED THROUGH AN INTEGRATED AND ORDERED COMMON LIFE, DIRECTED BY CATHOLIC PRINCIPLES AND GROUNDED IN THE SOCRATIC PEDAGOGICAL METHOD OF INQUIRY. FORM 990, PAGE 6, PART VI, LINE 11B THE RETURN IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE AND THEN FORWARDED TO THE FULL BOARD OF TRUSTEES FOR FINAL REVIEW AND APPROVAL. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD REVIEWS CONFLICT OF INTEREST COMPLIANCE AT EACH BOARD MEETING FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT AND ALL KEY EMPLOYEES ARE MEMBERS OF THE FACULTY AND ARE PAID ON THE FACULTY SALARY SCALE WITH NO ADJUSTMENTS FOR THEIR POSITION. THE FACULTY SCALE'S ARE REVIEWED AND APPROVED ANNUALLY BY THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN PENSION LIABILITY -10,862 CHANGE IN GIFT ANNUITY OBLIGATIONS -2,055 SCHOLARSHIPS NETTED AGAINST INCOME ON FINANCIAL STATEMENT -988,615 ASC 842 LEASE ADJUSTMENT -121 SCHOLARSHIPS NETTED AGAINST INCOME ON FINANCIAL STATEMENT 988,615 TOTAL -13,038