FRANKLIN PIERCE UNIVERSITY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- FRANKLIN PIERCE UNIVERSITY (EIN 02-0263136)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-09
- IRS object ID
- 201301299349300740
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-09T09:59:59-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010523282 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Berry Dunn McNeil & Parker LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 Elm Street 15th Floor | AddressLine1 |
| City | Manchester | City |
| State | NH | State |
| ZIP Code | 03101 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 020263136 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Franklin Pierce University | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FRAN | NameControl |
| Phone | 6038994000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 University Drive | AddressLine1 |
| City | Rindge | City |
| State | NH | State |
| ZIP Code | 03461 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Richard Marshall | Name |
| Title | CFO | Title |
| Phone | 6038994000 | Phone |
| Date Signed | 2013-05-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Rachel Williamson CPA | Name |
| PTIN | P00186614 | PTIN |
| Phone | 6036697337 | Phone |
| Date Prepared | 2013-05-02 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Dr James Birge | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 University Drive | AddressLine1 |
| City | Rindge | City |
| State | NH | State |
| ZIP Code | 03461 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 67785937 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.franklinpierce.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1962 | YearFormation |
| State Legal Domicile | NH | StateLegalDomicile |
| Activity Or Mission Description | Franklin Pierce University prepares students to become confident, knowledgeable individuals and leaders of conscience. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1538 | TotalNbrEmployees |
| Total Nbr Volunteers | 40 | TotalNbrVolunteers |
| Total Gross UBI | 67439 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -27837 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2876024 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1213885 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 64542278 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 63181579 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 582658 | InvestmentIncomePriorYear |
| Investment Income Current Year | 670714 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 28099 | OtherRevenuePriorYear |
| Other Revenue Current Year | 28973 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 68029059 | TotalRevenuePriorYear |
| Total Revenue Current Year | 65095151 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 18857640 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 18987744 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 28855924 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 27427368 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1187121 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 20027420 | OtherExpensePriorYear |
| Other Expenses Current Year | 19636855 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 67740984 | TotalExpensesPriorYear |
| Total Expenses Current Year | 66051967 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 288075 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -956816 | RevenuesLessExpensesCY |
| Total Assets BOY | 75106835 | TotalAssetsBOY |
| Total Assets EOY | 73147629 | TotalAssetsEOY |
| Total Liabilities BOY | 56628354 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 56212236 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 18478481 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 16935393 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Franklin Pierce University embraces an education that matters: one that achieves success through the integration of liberal arts and professional programs. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 59433496 | Expense |
| Grants | 18987744 | Grants |
| Revenue | 63114140 | Revenue |
| Description | 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: 1,739 (Traditional Undergraduate = 1,399; Nontraditional/Online = 340)Graduate Fall Enrollment Total Headcount: 518Undergraduate Awards:Undergraduate CertificateAssociate 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:Graduate CertificatesMaster of Science in NursingMaster of Physician Assistant StudiesMaster of Business AdministrationMaster of Science in Information TechnologyMaster of EducationDoctor of Physical TherapyDoctor of Arts in LeadershipStudent:faculty Ratio: 18:1Average Class Size: 15.5 Undergraduate Areas of Study:Accounting, Accounting-Finance, Advertising, American Studies, Anthropology, Applied Economics, Art History, Arts Management, Biology, Business Administration, Certification in Art Education, Certification in Elementary Education, Chemistry, Computer Information Technology, Criminal Justice , Dance, Documentary Studies, Education, English, Environmental Science, Environmental Studies, Finance, Fine Arts, General Studies/Liberal Arts, Global Citizenship, Graphic Communications, Health Sciences, History, Human Services, Management, Marketing, Mass Communication, Mathematics, Music, Nursing, Paralegal, Philosophy, Political Science, Psychology, Public History, Public Relations, Secondary Certification - Biology, Secondary Certification - English , Secondary Certification - Social Science, Social Work and Counseling, Sociology, Sports and Recreation Management, Student-Designed (Interdisciplinary), Sustainability, Theatre, Women in Leadership, Integrated Studies.Graduate Areas of Study:Arts, 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, Science in Information Technology Management and Sustainability.MBA tracks are available as an accelerated program through the College at Rindge and several programs are available at our College of Graduate & Professional Studies across New England, in Arizona, and online.Accreditation:Franklin Pierce University is accredited by the New England Association of Schools and Colleges, Inc. (NEASC). In May 2009, Franklin Pierce was accorded full re-accreditation by NEASC until 2018. | Description |
| Total Program Service Expense | 59433496 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 122 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1538 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Richard Marshall CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6038994244 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 University Drive | AddressLine1 |
| City | Ringe | City |
| State | NH | State |
| ZIP Code | 03461 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (33 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| James F Birge | |||||||
| President | 40.00 | X | X | 264528 | 0 | 36680 | |
| Lloyd Astmann | |||||||
| Chair | 1.00 | X | X | 0 | 0 | 0 | |
| James P Fallon Esq | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Marlin Fitzwater | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Terry O'Connell II | |||||||
| Past Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Robert M Patterson | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Kerry Stein | |||||||
| Vice Chair | 1.00 | X | X | 0 | 0 | 0 | |
| Richard Rettig | |||||||
| Assistant Secretary | 1.00 | X | X | 0 | 0 | 0 | |
| Robert P Brown | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Gregory M Doody | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Michael CJ Fallon | |||||||
| Secretary | 1.00 | X | X | 0 | 0 | 0 | |
| Thomas Farrell | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Milton E Kahn CPA | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Eric S Marcus | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Helen J Streubert | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Laurie Tomlinson | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Jack Wozmak | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| B Jay Cooper | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Jean D'Meza Leuner | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Carleen Farrell | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Patricia Lang Barry | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Paul M Goyette | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| George Kidd Jr | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Susan Pimentel | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Bruce M Kirsch | |||||||
| Vice President | 40.00 | X | 111645 | 0 | 17735 | ||
| James P Earle | |||||||
| Vice President | 40.00 | X | 105449 | 0 | 20097 | ||
| Kim Mooney | |||||||
| Provost | 40.00 | X | 181347 | 0 | 16084 | ||
| Ahmad Boura | |||||||
| Vice President | 40.00 | X | 138198 | 0 | 23902 | ||
| Richard Marshall | |||||||
| Vice President | 40.00 | X | 138306 | 0 | 23988 | ||
| Sandra Quaye | |||||||
| Director | 40.00 | 115913 | 0 | 35735 | X | ||
| Paul M Kotila | |||||||
| Dean | 40.00 | 103653 | 0 | 14433 | X | ||
| David Brandes | |||||||
| Professor | 40.00 | 120067 | 0 | 51604 | X | ||
| Stephanie Johnson | |||||||
| Director | 40.00 | 104487 | 0 | 17545 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1383593 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 257803 | TotalOtherCompensation |
| Number Individuals GT100 K | 10 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Connor Architecture LLC | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1656 Massachusetts Ave | AddressLine1 |
| City | Lexington | City |
| State | MA | State |
| ZIP Code | 02421 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | Architecture | DescriptionOfServices |
| Compensation | 675000 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Government Grants | 513210 | GovernmentGrants |
| All Other Contributions | 700675 | AllOtherContributions |
| Total Contributions | 1213885 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| Tuition and Fees | 611710 | 50611390 | 50611390 | |
| Auxilliary Services | 713940 | 11822554 | 11755115 | 67439 |
| Miscellaneous Revenue | 611710 | 747635 | 747635 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 63181579 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 504029 | TotalRevenueColumn |
| Exclusion | $504,029 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2822509 | Securities |
| Other | 19350 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2667409 | Securities |
| Other | 7765 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 155100 | Securities |
| Other | 11585 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 166685 | TotalRevenueColumn |
| Exclusion | $166,685 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 44585 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 15612 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 28973 | TotalRevenueColumn |
| Exclusion | $28,973 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 65095151 | TotalRevenueColumn |
| Related Or Exempt Function Income | 63114140 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 67439 | UnrelatedBusinessRevenue |
| Exclusion | $699,687 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18964740 | Total |
| Program Services | 18964740 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23004 | Total |
| Program Services | 23004 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1077962 | Total |
| Management And General | 1077962 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19109111 | Total |
| Program Services | 17502667 | ProgramServices |
| Management And General | 906886 | ManagementAndGeneral |
| Fundraising | 699558 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 241783 | Total |
| Program Services | 211080 | ProgramServices |
| Management And General | 21162 | ManagementAndGeneral |
| Fundraising | 9541 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5626429 | Total |
| Program Services | 4947957 | ProgramServices |
| Management And General | 463419 | ManagementAndGeneral |
| Fundraising | 215053 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1372083 | Total |
| Program Services | 1298581 | ProgramServices |
| Management And General | 65947 | ManagementAndGeneral |
| Fundraising | 7555 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 135522 | Total |
| Management And General | 135522 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 93131 | Total |
| Management And General | 93131 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66518 | Total |
| Management And General | 66518 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1811091 | Total |
| Program Services | 1666558 | ProgramServices |
| Management And General | 106964 | ManagementAndGeneral |
| Fundraising | 37569 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 266051 | Total |
| Program Services | 205137 | ProgramServices |
| Management And General | 59143 | ManagementAndGeneral |
| Fundraising | 1771 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1147011 | Total |
| Program Services | 1006117 | ProgramServices |
| Management And General | 89067 | ManagementAndGeneral |
| Fundraising | 51827 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 745784 | Total |
| Program Services | 699624 | ProgramServices |
| Management And General | 30170 | ManagementAndGeneral |
| Fundraising | 15990 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108789 | Total |
| Program Services | 100972 | ProgramServices |
| Management And General | 7797 | ManagementAndGeneral |
| Fundraising | 20 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2649902 | Total |
| Program Services | 2480263 | ProgramServices |
| Management And General | 155174 | ManagementAndGeneral |
| Fundraising | 14465 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2851525 | Total |
| Program Services | 2698427 | ProgramServices |
| Management And General | 137361 | ManagementAndGeneral |
| Fundraising | 15737 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 636527 | Total |
| Management And General | 636527 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Utilities | 2073081 | 1960289 | 100146 | 12646 |
| Rentals and Leases | 1725251 | 1565867 | 156067 | 3317 |
| Student Board | 1677539 | 1677539 | ||
| Repairs and Maintenance | 805339 | 761089 | 41477 | 2773 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2843794 | Total |
| Program Services | 1663585 | ProgramServices |
| Management And General | 1080910 | ManagementAndGeneral |
| Fundraising | 99299 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66051967 | Total |
| Program Services | 59433496 | ProgramServices |
| Management And General | 5431350 | ManagementAndGeneral |
| Fundraising | 1187121 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 5203 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5499147 | BOY |
| EOY | 6658195 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1965445 | BOY |
| EOY | 835309 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 580941 | BOY |
| EOY | 1126097 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6369513 | BOY |
| EOY | 6222060 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 408443 | BOY |
| EOY | 307960 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 94088604 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 42077298 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51360945 | BOY |
| EOY | 52011306 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6701480 | BOY |
| EOY | 3879390 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2220921 | BOY |
| EOY | 2102109 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75106835 | BOY |
| EOY | 73147629 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3692443 | BOY |
| EOY | 4665294 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2511247 | BOY |
| EOY | 1556978 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44857731 | BOY |
| EOY | 43723021 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2987782 | BOY |
| EOY | 3869027 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2579151 | BOY |
| EOY | 2397916 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56628354 | BOY |
| EOY | 56212236 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11546968 | BOY |
| EOY | 11483152 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2911615 | BOY |
| EOY | 1347276 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4019898 | BOY |
| EOY | 4104965 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18478481 | BOY |
| EOY | 16935393 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75106835 | BOY |
| EOY | 73147629 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -956816 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -586272 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7756032 | BeginningOfYearBalance |
| Contributions | 44878 | Contributions |
| Investment Earnings Or Losses | -158883 | InvestmentEarningsOrLosses |
| Other Expenditures | 2369003 | OtherExpenditures |
| End Of Year Balance | 5273024 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8202484 | BeginningOfYearBalance |
| Contributions | 292838 | Contributions |
| Investment Earnings Or Losses | 1236950 | InvestmentEarningsOrLosses |
| Other Expenditures | 1976240 | OtherExpenditures |
| End Of Year Balance | 7756032 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6885046 | BeginningOfYearBalance |
| Contributions | 977579 | Contributions |
| Investment Earnings Or Losses | 741489 | InvestmentEarningsOrLosses |
| Other Expenditures | 401630 | OtherExpenditures |
| End Of Year Balance | 8202484 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8999124 | BeginningOfYearBalance |
| Contributions | 320538 | Contributions |
| Investment Earnings Or Losses | -1660715 | InvestmentEarningsOrLosses |
| Other Expenditures | 773901 | OtherExpenditures |
| End Of Year Balance | 6885046 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.15430 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.77850 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.06720 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 975543 | OtherCostOrOtherBasis |
| Book Value | 975543 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 66604965 | OtherCostOrOtherBasis |
| Depreciation | 27457194 | Depreciation |
| Book Value | 39147771 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 151989 | OtherCostOrOtherBasis |
| Depreciation | 44346 | Depreciation |
| Book Value | 107643 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10153317 | OtherCostOrOtherBasis |
| Depreciation | 7231637 | Depreciation |
| Book Value | 2921680 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16202790 | OtherCostOrOtherBasis |
| Depreciation | 7344121 | Depreciation |
| Book Value | 8858669 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 52011306 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Government Advances for Student Loans | $949,522 |
| Capital Lease Obligations | $1,448,394 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2397916 | TotalOfAmounts |
| Total Revenue | 65095151 | TotalRevenue |
| Total Expenses | 66051967 | TotalExpenses |
| Excess Or Deficit For Year | -956816 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -586272 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -586272 | TotalAdjustments |
| Excess Or Deficit Per FS | -1543088 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 45470229 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -586272 | NetUnrealizedGainsInvestments |
| Other Revenues | 15612 | OtherRevenues |
| Revenue Not Rptd F990 | -570660 | RevenueNotRptdF990 |
| Revenue Subtotal | 46040889 | RevenueSubtotal |
| Investment Expenses Not Included | 66518 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 18987744 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 19054262 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 65095151 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 47013317 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 15612 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 15612 | ExpensesNotRptdF990 |
| Expenses Subtotal | 46997705 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 66518 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 18987744 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 19054262 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 66051967 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Intended Use of Endowment Funds: | 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 XII, Line 2d - Other Adjustments: | Fundraising Expenses 15,612. | |
| Part XII, Line 4b - Other Adjustments: | Financial Aid 18,987,744. | |
| Part XIII, Line 2d - Other Adjustments: | Fundraising Expenses 15,612. | |
| Part XIII, Line 4b - Other Adjustments: | Financial Aid 18,987,744. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Explanation of Nondiscriminatory Policy Publication | 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. |
| Explanation of Government Financial Assistance | 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 workstudy |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Russia and Newly-Independent States | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | Grants to recipients | TypeOfActivitiesConducted |
| Specific Services Provided | Scholarships | SpecificServicesProvided |
| Total Expenditures | 23004 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 23004 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 23004 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | Scholarships | TypeOfAssistance |
| Region | Ukraine | Region |
| Number Of Recipients | 2 | NumberOfRecipients |
| Amount Of Cash Grant | 0 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 23004 | AmountOfNonCashAssistance |
| Description Of Non Cash Assistance | Tuition Discount | DescriptionOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Schedule F, Part I, Line 2: All assistance is in the form of grants and scholarships. These funds are applied directly to the student's account. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Golf Tournament | NameOfEvent1 |
| Gross Receipts Event1 | 44585 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 44585 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 15612 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 44585 | GrossReceiptsTotal |
| Gross Revenue Total Events | 44585 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 15612 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 15612 | DirectExpenseSummaryEvents |
| Net Income Summary | 28973 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation |
|---|---|---|---|---|
| Named Scholarships | 132 | 321069 | 0 | FMV |
| Discounts | 1369 | 0 | 18643671 | FMV |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 1 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| James F Birge | |||||||||||||
| 221286 | 0 | 0 | 0 | 43242 | 0 | 7436 | 0 | 29244 | 0 | 301208 | 0 | 0 | 0 |
| Kim Mooney | |||||||||||||
| 171600 | 0 | 0 | 0 | 9747 | 0 | 5577 | 0 | 10507 | 0 | 197431 | 0 | 0 | 0 |
| Ahmad Boura | |||||||||||||
| 121147 | 0 | 16000 | 0 | 1051 | 0 | 4368 | 0 | 19534 | 0 | 162100 | 0 | 0 | 0 |
| Richard Marshall | |||||||||||||
| 135397 | 0 | 0 | 0 | 2909 | 0 | 4475 | 0 | 19513 | 0 | 162294 | 0 | 0 | 0 |
| Sandra Quaye | |||||||||||||
| 115136 | 0 | 0 | 0 | 777 | 0 | 4992 | 0 | 30743 | 0 | 151648 | 0 | 0 | 0 |
| David Brandes | |||||||||||||
| 78132 | 0 | 0 | 0 | 41935 | 0 | 9499 | 0 | 42105 | 0 | 171671 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NH Health & Education Facilities Authority | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 020279866 | IssuerEIN |
| Date Issued | 2004-07-01 | DateIssued |
| Issue Price | 11000000 | IssuePrice |
| Description Of Purpose | Construction of college facilities | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 11000000 | TotalProceeds |
| Amount In Reserve Fund | 653099 | AmountInReserveFund |
| Issuance Costs From Proceeds | 739542 | IssuanceCostsFromProceeds |
| Capital Expenditures | 9387359 | CapitalExpenditures |
| Year Of Subst Completion | 2007 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | Form 990 was reviewed by management and the audit committee prior to filing. | |
| Form 990, Part VI, Section B, line 12c | Officers, Trustees and key employees submit an affirmation that no conflicts exist or a disclosure of conflicts in October of each calendar year. | |
| Form 990, Part VI, Section B, line 15 | The Organization determines officers' salaries through a review of comparable salaries of officers in similar positions at universities and a review of officers' responsibilities. Officers' salaries are subject to approval by the Board. | |
| 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 XI, line 5: | Net unrealized losses on investments: -586,272. | Changes in Net Assets or Fund Balances: |
| Form 990, Part XII, Line 2c | The organization has not changed the audit oversight or selection process during the tax year. | |
| Form 990, Part X, Line 11 | The Balance Sheet reflects the GAAP value of the following partnership investments: iShares S&P GSCI Commodity-Indexed Trust which had a December 31, 2011 year end, the Schedule K-1 reflects an ending capital account of $58,361. National Collegiate Trust 2000-CP1 which had a December 31, 2011 year end, the Schedule K-1 reflects an ending capital account of $-3,998. National Collegiate Trust 1995 S-2 which had a December 31, 2011 year end, the Schedule K-1 reflects an ending capital account of $4,219. National Collegiate Trust 1996-S1 which had a December 31, 2011 year end, the Schedule K-1 reflects an ending capital account of $7,048. National Collegiate Trust 1996-S2 which had a December 31, 2011 year end, the Schedule K-1 reflects an ending capital account of $-3,903. National Collegiate Trust 1997-S1 which had a December 31, 2011 year end, the Schedule K-1 reflects an ending capital account of $-7,288. National Collegiate Trust 1998-CP1 which had a December 31, 2011 year end, the Schedule K-1 reflects an ending capital account of $-1,780. National Collegiate Trust 1997 S-2 which had a December 31, 2011 year end, the Schedule K-1 reflects an ending capital account of $-4,303. National Collegiate Trust 1999-CP1 which had a December 31, 2011 year end, the Schedule K-1 reflects an ending capital account of $-8,764. National Collegiate Trust 2001 CP1 which had a December 31, 2011 year end, the Schedule K-1 reflects an ending capital account of $2,121. |