2023-04-11T14:09:36-05:00 2022-05-31 010523282 Berry Dunn McNeil & Parker LLC 1000 Elm Street 4th Floor Manchester NH 03101 990 2021-06-01 020263136 Franklin Pierce University FRAN 6038994000 40 University Drive Rindge NH 03461 Janet Waldron Interim CFO, VP Fin. & Acc. 6038994000 2023-02-07 1 Janet Waldron XXX-XX-XXXX Melissa Magoon CPA P01712842 6036697337 2023-02-07 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Dr Kim Mooney 40 University Drive Rindge NH 03461 97109799 0 X www.franklinpierce.edu X 1962 NH Franklin Pierce University embraces an education that matters: one that achieves success through the integration of liberal arts and professional programs. 12 11 1169 17 263185 0 7282273 9909724 82260158 78644385 2293408 2456709 -9949 -6772 91825890 91004046 37096067 35466295 0 0 26532062 27946801 18000 22000 681660 22861338 23826917 86507467 87262013 5318423 3742033 96302702 94215029 49180225 47162314 47122477 47052715 X Franklin Pierce University delivers programs and educational experiences that develop essential intellectual and professional skills; promotes close community connections; and empowers our students to realize their potential through the intersection of highly personalized liberal learning, innovative engagement, and professional programming. 0 0 80628198 35466295 78644385 Franklin Pierce University serves traditional and nontraditional students at the undergraduate and graduate level. Awards are offered from the certificate level through the doctoral level. Credit and non-credit bearing courses are available, and many programs are available online. Degree completion programs are available and the university welcomes transfer students at all instructional locations.Undergraduate Fall Enrollment total Headcount = 1281Traditional Undergraduate = 1148Nontraditional/Online = 134Graduate Fall Enrollment Total Headcount = 500Student Faculty Ratio = 12:1Average class size = 16Undergraduate Awards: RegistrarUndergraduate Certificate (multiple legal and human services concentrations)Associate of Arts (multiple business, legal and human services concentrations)Bachelor of Arts (multiple liberal arts/humanities concentrations)Bachelor of Science (multiple biological, health, and environmental science concentrations; business and communications concentrations)Graduate Awards:M.B.A. in LeadershipM.B.A. in Energy & Sustainability StudiesM.B.A. in Human Resource ManagementM.B.A. in Health AdministrationM.B.A in AccountingM.B.A. in Senior Care ManagementM.B.A. in Sports ManagementMaster of Science in AccountingMaster of Business Administration - Dual DegreeMaster of Education & Teacher CertificationM.Ed Elementary (K-6 or K-8)M.Ed Social Sciences (5-8 or 5-12)M.Ed Life Sciences (7-12)M.Ed English Language Arts (5-8 or 5-12)M.Ed General Special Education (K-12)M.Ed LeadershipMaster of Physician Assistant StudiesM.S. in Nursing EducationM.S. in Nursing LeadershipDoctor of Physical TherapyGraduate Certificate (multiple business, nursing & education)Student:faculty Ratio: 12:1Average Class Size: 16Undergraduate Areas of Study:Accounting/Finance, , Biology, Communication, Criminal Justice, Digital Media Design, Education, Emergency Medical Services, English, Environmental Science, Environmental Studies, Healthcare Administration, Health Sciences, History, Integrated Studies,Management, Marketing, Music, Nursing, Political Science, Psychology, , Sports and Recreation Management, Sports Media, Education Studies, Human Services.Graduate Areas of Study:Business Administration in Energy and Sustainability Studies, Business Administration in Human Resource Management, Business Administration in Leadership, Business Administration in Sports Management, Business in Health Administration, Education, , Health Administration, Human Resource Management, Leadership, Nursing Administration, Nursing Education, Physical Therapy, Physician Assistant Studies,.MBA tracks are available as an accelerated program through the College of Business and several programs are available online.Accreditation:Franklin Pierce University is accredited by the New England Commission of Higher Education (NECHE). In November 2018, Franklin Pierce was accorded full re-accreditation by NECHE with the next comprehensive evaluation scheduled for Fall 2028. 80628198 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 208 0 1 1169 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 NH NY X Janet Waldron Interim CFO 6038994241 40 University Drive Rindge NH 03461 Frederick Pierce IV Trustee (Chair) 1.00 X X 0 0 0 Carol Houle Trustee (Co-Chair) 1.00 X X 0 0 0 Sean O'Kane Trustee (Secretary) 1.00 X X 0 0 0 Steven Camerino Trustee 1.00 X 0 0 0 Derica Carty Trustee 1.00 X 0 0 0 Elizabeth DiPietro Trustee 1.00 X 0 0 0 Genevieve McGillicuddy Trustee 1.00 X 0 0 0 Robert Riley Trustee 1.00 X 0 0 0 Terrell Boston Smith Trustee 1.00 X 0 0 0 Steve Duprey Trustee 1.00 X 0 0 0 Nick Soggu Trustee 1.00 X 0 0 0 Jonathan Slavin Past Trustee (Co-Chair) 1.00 X X 0 0 0 Leslye Arsht Past Trustee 1.00 X 0 0 0 Tom Boucher Past Trustee 1.00 X 0 0 0 John Burke Past Trustee 1.00 X 0 0 0 Caryl Felicetta Past Trustee 1.00 X 0 0 0 Al Marulli Jr Past Trustee 1.00 X 0 0 0 Kim Mooney President 40.00 X X 406948 0 40188 Janet Waldron Interim VP of Finance/CFO 40.00 X 67937 0 0 Catherine Padin Provost 40.00 X 84762 0 5305 Sandra Quaye Past VP of Finance/CFO 40.00 X 140971 0 31323 David Starrett Past Interim Provost 40.00 X 20904 0 0 Priscilla Marsicovetere Dean Coll. Health & Natural Science 40.00 X 160863 0 39210 Sarah Dangelantonio Exec. Dean-Assess. & Acad. Affairs 40.00 X 149125 0 23087 Maria Altobello Past Dean Coll. Health & Natural Science 40.00 X 138771 0 33662 Letha Zook Dept. Chair/Academic Director 40.00 X 144705 0 20924 Matthew Koneiczka Past Dean College of Liberal Arts 40.00 X 147068 0 5218 1462054 0 198917 26 0 1 1 Sodexo Inc & Affiliates PO Box 360170 Pittsburgh PA 152516170 Food Service 2497083 Securitas Security Services USA Inc 1 Wall Street Manchester NH 03101 Contract Campus Security 638384 EAB 2445 M Street NW Washington DC 20037 Student Recruiting Services 556782 Hutter Construction 810 Turnpike Road New Ipswich NH 03071 Construction 363207 S&S Painting Inc 98 Forest Avenue Swanzey NH 03071 Painting 294392 12 26610 8867684 1015430 29805 9909724 Tuition and Fees 611710 63167695 63167695 Auxilliary Services 713940 14884387 14621202 263185 Miscellaneous Revenue 611710 592303 592303 78644385 344537 344537 8210414 6098242 2112172 2112172 2112172 739 26610 7511 -6772 -6772 91004046 78381200 263185 2449937 35466295 35466295 798368 798368 20741996 18776420 1602980 362596 772394 683933 75253 13208 4134302 3650043 419318 64941 1499741 1311891 162514 25336 191247 191247 127556 127556 22000 22000 199556 199556 4067696 3498149 457248 112299 1053791 1052041 1750 1023688 402778 612314 8596 217122 116242 100880 5127600 4780452 342759 4389 171042 145146 16765 9131 1241745 1188394 53351 4142071 3964107 177964 896769 858239 38530 Student Board 2385698 2349399 36299 Athletics 1635593 1635593 Other Expenses 1345743 749076 539253 57414 87262013 80628198 5952155 681660 X 20342648 19567735 412912 427273 2314220 343081 706294 688504 2238337 1709276 106255 239109 664767 1159226 119313388 70384384 47046532 48929004 22134787 20797394 335950 354427 96302702 94215029 5761246 5082281 2763081 3087564 30989966 30057425 9665932 8935044 49180225 47162314 X 36550586 37004266 10571891 10048449 47122477 47052715 96302702 94215029 3742033 -3811795 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22836295 1134670 -1668124 819000 21483841 17224432 2203186 4109677 701000 22836295 14743601 1672029 1348802 540000 17224432 13331829 1622328 201444 412000 14743601 10325393 2564532 688625 246721 13331829 0.60237 0.36447 0.03316 0 0 1104677 1104677 81450561 45417144 36033417 345864 234653 111211 15289572 10622163 4667409 21122714 14110424 7012290 48929004 Capital Lease Obligations 5977910 Student Deposits 2957134 8935044 53524009 -3811795 7511 -3804284 57328293 199556 33476197 33675753 91004046 53593771 7511 7511 53586260 199556 33476197 33675753 87262013 Part V, Line 4: The University's endowment primarily consists of funds established for scholarships. Its endowment includes both donor-restricted endowment funds and funds designated by the Board of Trustees to function as endowments. As required by U.S. Generally Accepted Accounting Principles (GAAP), net assets associated with endowment funds, including funds designated by the Board of Trustees to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. Part XI, Line 2d - Other Adjustments: Fundraising Expenses 7,511. Part XI, Line 4b - Other Adjustments: Financial Aid 33,476,197. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 7,511. Part XII, Line 4b - Other Adjustments: Financial Aid 33,476,197. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The University Policy is widely circulated and available. The Policy is available on the University website, academic catalogue, student handbook, student applications and various other publications. The policy was distributed to students by email and posted in high traffic areas as well as all College of Graduate & Professional Studies sites. Schedule E, Part I, Line 6 Franklin Pierce University participates in the following governmental programs: Federal Pell Grant SEOG - Supplemental Educational Opportunity Grant Federal Perkins Loans Federal Stafford Student Loan - Subsidized and unsubsidized Federal PLUS - Parent Loans for Undergraduate Students Federal Work Study Federal PLUS - Graduate X X X X X X X 1 Brian Rusk 340 Wellingwood Drive East Amherst NY 14051 Personal Solicitation 0 0 22000 0 22000 NH AZ Golf Tournament 27349 26610 739 4600 2911 27349 26610 739 4600 2911 7511 -6772 1 Named Scholarships 128 539364 Discounts 1195 32936832 FMV Student Tuition Discounts Higher Education Emergency Relief Funds 1779 1990098 Schedule I, Part I, Line 2 All assistance is in the form of grants. These funds are applied directly to the student's account. Students who earn Federal Work Study are paid bi-weekly in the form of paycheck or direct deposit to an account specified by the student. X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 Kim Mooney President 311448 0 50000 0 45500 0 6413 0 33775 0 447136 0 0 0 Priscilla Marsicovetere Dean Coll. Health & Natural Science 141363 0 0 0 19500 0 2543 0 36667 0 200073 0 0 0 Maria Altobello Past Dean Coll. Health & Natural Sci 112771 0 0 0 26000 0 2629 0 31033 0 172433 0 0 0 Sandra Quaye Past VP of Finance/CFO 130971 0 10000 0 0 0 1677 0 29646 0 172294 0 0 0 Sarah Dangelantonio Exec. Dean-Assess. & Acad. Affairs 140725 0 0 0 8400 0 17950 0 5137 0 172212 0 0 0 Letha Zook Dept. Chair/Academic Director 144705 0 0 0 0 0 1963 0 18961 0 165629 0 0 0 Matthew Koneiczka Past Dean College of Liberal Arts 147068 0 0 0 0 0 1925 0 3293 0 152286 0 0 0 Janet Waldron Interim VP of Finance/CFO 67937 0 0 0 0 0 0 0 0 0 67937 0 0 0 Part I, Line 7 Dr. Kim Mooney, President, Sandra Quaye, Past CFO, & VP of Finance, and Catherine Padin, Provost received bonuses based on industry comparisons for merit and job performance. Form 990, Part VII, Line 5: During calendar year 2021, David Starrett, Provost & Vice President of Academic Affairs, was compensated by The Registry, an unrelated party paid by the University for services rendered by Mr. Starrett, Compensation for Starrett totaled $20,904. Janet Waldron, CFO & VP of Finance & Accounting was also compensated by The Registry for services rendered to the University. Compensation for Mrs. Waldron totaled $67,937. A New Hampshire Health and Education Facilities Authority 020279866 2016-11-07 34562000 Construction of college facilities 0 0 0 A 3946195 34562000 675863 33886137 2016 0 1 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 0 A 1 Date Rebate Computation Performed Issuer Name: New Hampshire Health and Education Facilities Authority Date the Rebate Computation was Performed: 11/07/2021 X 3 29805 Stock Market Value 0 0 1 0 Form 990, Part VI, Section A, line 3 The University paid the Registry for Positions as Interim CFO-VP Finance & Accounting and Interim Provost. Form 990, Part VI, Section A, line 8b The minutes are maintained for all full board meetings but are not maintained for the executive sessions. Form 990, Part VI, Section B, line 11b The 990 is reviewed by the CFO, President and the Audit Committee. A draft of the 990 is provided to the entire board of directors prior to filing and they are informed of the planned file date so that any concerns can be communicated prior to filing. The finalized and filed 990 is provided to the entire board after filing. Form 990, Part VI, Section B, line 12c A list of vendors who are paid over $5,000 annually are provided to all Trustees, Officers and key managers and directors. They are required to check the list and sign a document indicating any conflicts of interest. The organization's policy is reviewed annually by the Audit committee. Potential conflicts noted are reviewed annually to determine if action is necessary. Form 990, Part VI, Section B, line 15 The Executive Committee, acting without individuals who have a conflict of interest, will annually review total compensation data compiled by independent organizations such as CUPA, The Chronicle of Higher Education or an independent compensation consulting firm. Franklin Pierce considers comparative data for similarly qualified individuals in functionally comparable positions at similarly situated institutions. It's within the Committee's purview to engage with Human Resources to compile the most relevant data. Form 990, Part VI, Section C, line 19 Franklin Pierce University makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Franklin Pierce University 40 University Drive Rindge, NH 03461 EIN 02-0263136 Franklin Pierce University is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).