2022-03-03T08:46:41-06:00 2021-05-31 010523282 Berry Dunn McNeil & Parker LLC 1000 Elm Street 4th Floor Manchester NH 03101 990 2020-06-01 020263136 Franklin Pierce University FRAN 6038994000 40 University Drive Rindge NH 03461 Janet Waldron CFO VP Finance & Accounting 6038994000 2022-02-10 1 Janet Waldron XXX-XX-XXXX Melissa Magoon CPA P01712842 6036697337 2022-02-10 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Dr Kim Mooney 40 University Drive Rindge NH 03461 99471196 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. 16 15 1267 19 1332 0 2064727 7282273 86722585 82260158 1171562 2293408 -14530 -9949 89944344 91825890 36674049 37096067 0 0 28259601 26532062 18000 18000 681780 22283393 22861338 87235043 86507467 2709301 5318423 85672978 96302702 46139842 49180225 39533136 47122477 X Franklin Pierce University embraces an education that matters: one that achieves success through the integration of liberal arts and professional programs. 0 1 80595443 37096067 82260158 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.Enrollment:Undergraduate Fall Enrollment Total Headcount: 1,926 (Traditional Undergraduate = 1,280; Nontraditional/Online = 154; Graduate Fall Enrollment Total Headcount: 492)Undergraduate Awards:Undergraduate 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 Information TechnologyM.B.A. in Sports ManagementMaster of Science in AccountingMaster of Science in NursingMaster 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 Curriculum & InstructionMaster 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, Anthropology, 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, Public Health, Sports and Recreation Management, Sports Media.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, Emerging Network Technology, Health Administration, Human Resource Management, Leadership, Nursing Administration, Nursing Education, Physical Therapy, Physician Assistant Studies, Business in Information Technology Management and Sustainability.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. 80595443 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 1 159 0 1 1267 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 16 15 0 0 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 Jonathan Slavin Trustee (Co-Chair) 1.00 X X 0 0 0 Sean O'Kane Trustee (Secretary) 1.00 X X 0 0 0 Leslye Arsht Trustee 1.00 X 0 0 0 Tom Boucher Trustee 1.00 X 0 0 0 John Burke Trustee 1.00 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 Caryl Felicetta Trustee 1.00 X 0 0 0 Carol Houle Trustee 1.00 X 0 0 0 Al Marulli 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 Kim Mooney President 40.00 X X 292903 0 39527 Joseph Delancy Past Trustee 1.00 X 0 0 0 Carleen Farrell Past Trustee 1.00 X 0 0 0 Teresa Rosenberger Past Trustee 1.00 X 0 0 0 Alfred Zucaro Past Trustee 1.00 X 0 0 0 Sandra Quaye VP of Finance/CFO 40.00 X 171343 0 43298 David Starrett Provost & VP of Academic Affairs 40.00 X 178308 0 0 Priscilla Marsicovetere Dean Coll Heatlh & Nat Science 40.00 X 155311 0 40590 Crystal Neuhauser Assoc VP for Univ Advancement 40.00 X 131395 0 26823 Sarah Dangelantonio Exec Dean-Assess & Acad Aff 40.00 X 131211 0 21822 Maria Altobello Dean Coll Heatlh & Nat Science 40.00 X 128576 0 36097 Letha Zook Department Chair/Academic Director 40.00 X 129409 0 15151 1318456 0 223308 20 0 1 0 Sodexo PO Box 360170 Pittsburgh PA 152516170 Food Service 2511691 EAB 2445 M Street NW Washington DC 20037 Student Recruitment 716369 Securitas Security Services USA Inc 1 Wall Street Richmond VA 23228 Consulting 601417 ConvenientMD LLC 111 New Hampshire Ave Portsmouth NH 03801 COVID-19 Testing Services 445365 Mouras Cleaning Service 349 Lunenburg Street Fitchburg MA 01420 Cleaning Service 429430 12 24585 5896823 1360865 135964 7282273 Tuition and Fees 611710 66920542 66920542 Auxilliary Services 713940 14939220 14937888 1332 Miscellaneous Revenue 611710 400396 400396 82260158 464576 464576 9464189 7635357 1828832 1828832 1828832 0 24585 9949 -9949 -9949 91825890 82258826 1332 2283459 37096067 37096067 725378 725378 20061133 18287696 1348890 424547 803141 719854 66576 16711 3528233 3143173 312145 72915 1414177 1249600 135578 28999 7927 7927 71067 71067 18000 18000 245505 245505 4267599 3727681 471486 68432 307977 307260 717 848367 359434 480574 8359 566133 455773 110360 5071034 4738146 325587 7301 44621 42574 1768 279 1331299 1274100 57199 3942078 3772707 169371 843985 807723 36262 Other Expenses 2537882 1861835 640527 35520 Student Board 2188037 2178870 9167 Athletics 572950 572950 Taxes 14877 14877 86507467 80595443 5230244 681780 X 15312569 20342648 364976 412912 267096 2314220 885859 706294 3274418 2238337 105307 106255 554007 664767 114324514 67277982 47964304 47046532 16626006 22134787 318436 335950 85672978 96302702 4339959 5761246 2663026 2763081 31590071 30989966 7546786 9665932 46139842 49180225 X 30809203 36550586 8723933 10571891 39533136 47122477 85672978 96302702 5318423 2270918 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17224432 2203186 4109677 701000 22836295 14743601 1672029 1348802 540000 17224432 13331829 1622328 201444 412000 14743601 10325393 2564532 688625 246721 13331829 7507408 2354214 710238 246467 10325393 0.61752 0.30807 0.07441 0 0 1104677 1104677 77264074 43286320 33977754 345864 216392 129472 15376914 10460320 4916594 20232985 13314950 6918035 47046532 Gov't Advances for Student Loans 212157 Capital Lease Obligations 3114958 Student Deposits 2211955 CARES Act Funding 4126862 9665932 58166607 2270918 1080 9949 2281947 55884660 245505 35695725 35941230 91825890 50577266 1080 9949 11029 50566237 245505 35695725 35941230 86507467 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 9,949. Part XI, Line 4b - Other Adjustments: Financial Aid 35,693,621. Loss on Disposal of Fixed Assets 2,104. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 9,949. Part XII, Line 4b - Other Adjustments: Financial Aid 35,693,621. Loss on Disposal of Fixed Assets 2,104. 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 25000 18000 7000 25000 18000 7000 NH AZ Golf Tournament 24585 24585 7375 89 2485 24585 24585 7375 89 2485 9949 -9949 1 Named Scholarships 135 576330 Discounts 1364 35117291 FMV Student Tuition Discounts Higher Education Emergency Relief Funds 1684 1402446 Schedule I, Part I, Line 2 All assistance is in the form of grants and scholarships. 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 0 0 Kim Mooney President 283935 0 0 0 8968 0 7125 0 32402 0 332430 0 0 0 Sandra Quaye VP of Finance/CFO 170425 0 0 0 918 0 4688 0 38610 0 214641 0 0 0 Priscilla Marsicovetere Dean Coll Heatlh & Nat Science 154753 0 0 0 558 0 3522 0 37068 0 195901 0 0 0 David Starrett Provost & VP of Academic Affairs 160417 0 0 0 17891 0 0 0 0 0 178308 0 0 0 Maria Altobello Dean Coll Heatlh & Nat Science 128101 0 0 0 475 0 3640 0 32457 0 164673 0 0 0 Crystal Neuhauser Assoc VP for Univ Advancement 130940 0 0 0 455 0 2599 0 24224 0 158218 0 0 0 Sarah Dangelantonio Exec Dean-Assess & Acad Aff 130566 0 0 0 645 0 14113 0 7709 0 153033 0 0 0 Form 990, Part VII, Line 5: During calendar year 2020, David Starrett, Provost & Vice President of Academic Affairs, was compensated by The Registry, an unrelated organization, for services rendered to the University. Compensation paid by the University to The Registry for services rendered by Mr. Starrett totaled $178,308. A New Hampshire Health and Education Facilities Authority 020279866 2016-11-07 34562000 Construction of college facilities 0 0 0 A 2990786 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 4 90312 Stock Market Value X 13111 45652 FMV 0 0 1 0 Form 990, Part III, line 3 Due to COVID-19, the University transitioned to remote learning for the latter part of the Spring Semester 2020. Starting in the Fall of 2020, learning was hybrid with fewer student returning to campus. 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).