2022-10-31T14:33:37-04:00 2022-06-30 020428003 HESSION & PARE PC 62 STARK STREET MANCHESTER NH 031011970 990 2021-07-01 020309681 MAGDALEN COLLEGE MAGD 6034562656 511 KEARSARGE MOUNTAIN ROAD WARNER NH 032789206 RYAN MESSMORE PRESIDENT/TRUSTEE 6034562656 2022-10-18 true RYAN MESSMORE 999009999 JOHN A HESSION CPA P01439141 6036695477 2022-10-18 2021 2022-09-23 18:48:47Z RYAN MESSMORE 511 KEARSARGE MOUNTAIN ROAD WARNER NH 03278 5360474 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 39 25 0 1369287 2192160 2038326 1954108 13295 19490 57743 32988 3478651 4198746 1359982 1272190 0 1184920 1476714 0 55348 961032 1098731 3505934 3847635 -27283 351111 4332325 4581565 3976133 3933870 356192 647695 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 3189663 1272190 1954108 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. 3189663 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 false false false false true false false false false true false false false false false false false false true 3 0 39 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 2.00 X X 0 0 0 DANIEL SWEGART VICE CHAIRMA 2.00 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 BRIAN FITZGERALD EX OFFICIO 2.00 X 0 0 0 RYAN MESSMORE PRESIDENT/TR 60.00 X X 66000 0 6593 ERIC BUCK INTERIM PRES 60.00 X 55000 0 8475 R DANIEL PETERSON COO/CFO 40.00 X 93834 0 0 214834 15068 false false false 2192160 1083716 2192160 TUITION, ROOM, & BOARD - NET 611600 1938966 1938966 SUMMER PROGRAM 611600 15142 15142 1954108 15712 15712 1160671 4835 1161728 -1057 4835 3778 -1057 4835 OTHER INCOME 900099 32988 32988 32988 4198746 1986039 20547 1272190 1272190 280009 55000 225009 906805 826347 80458 12555 9607 2948 185587 178229 7358 91758 67640 24118 960 960 14972 14972 1703 1703 85489 21151 62938 1400 10305 10247 58 20277 7528 9195 3554 149643 149643 10915 5289 4669 957 4452 914 3538 53409 53409 229071 229071 77497 77497 FOOD SERVICES 134627 131008 3228 391 REPAIRS AND MAINTENANCE 68656 68656 PROPERTY AND OTHER TAX 49499 49499 MISCELLANEOUS 35290 30509 4781 151966 77135 25785 49046 3847635 3189663 602624 55348 35495 104153 152830 260153 458313 555357 28148 25336 278275 242040 9043541 6499494 2528564 2544047 850700 850479 4332325 4581565 45464 94872 77608 69660 86500 69200 3645012 3600276 121549 99862 3976133 3933870 X -734643 116012 1090835 531683 356192 647695 4332325 4581565 X 351111 -22337 -37271 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6836 6836 6836 6836 6836 6836 6836 6836 6836 6836 1.00000 false false 258475 258475 7875571 5682651 2192920 909495 816843 92652 2544047 PENSION ANNUITY OBLIGATION 64111 CHARITABLE GIFT ANNUITY 35751 99862 3003245 -22337 -37271 -59608 3062853 1703 1134190 1135893 4198746 2711742 2711742 1703 1134190 1135893 3847635 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 -35,019 CHANGE IN GIFT ANNUITY OBLIGATIONS -2,252 SCHEDULE D, PAGE 4, PART XI, LINE 4B SCHOLARSHIPS NETTED AGAINST INCOME ON FINANCIAL STATEMENT 1,134,190 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS NETTED AGAINST INCOME ON FINANCIAL STATEMENT 1,134,190 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 64 1134190 FMV TUITION ASST CARES ACT STUDENT GRANT 62 138000 SCHEDULE I, PAGE 1, PART I, LINE 2 SCHOLARSHIPS ARE PROVIDED TO STUDENTS FOR TUITION ASSISTANCE TO ATTEND THE 2021-2022 ACADEMIC SCHOOL YEAR. CARES ACT STUDENT GRANTS ARE PROVIDED TO STUDENTS TO HELP COVER EXPENSES RELATED TO THE DISRUPTION OF STUDIES DUE TO COVID 19. DAVID CURRIER BOARD MEMBER OPERATIONS X 235000 69200 false true true 69200 X 3 1083716 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 -35,019 CHANGE IN GIFT ANNUITY OBLIGATIONS -2,252 SCHOLARSHIPS NETTED AGAINST INCOME ON FINANCIAL STATEMENT -1,134,190 SCHOLARSHIPS NETTED AGAINST INCOME ON FINANCIAL STATEMENT 1,134,190 TOTAL -37,271