2024-03-12T11:45:15-05:00 2023-05-31 010523282 Berry Dunn McNeil & Parker LLC 1000 Elm Street 4th Floor Manchester NH 03101 990 2022-06-01 020263136 Franklin Pierce University FRAN 6038994000 40 University Drive Rindge NH 03461 Dr Kim Mooney President 6038994000 2024-03-08 1 Dr Kim Mooney XXX-XX-XXXX 1 Melissa Magoon CPA P01712842 6036697337 2024-03-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Dr Kim Mooney 40 University Drive Rindge NH 03461 93136476 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 1154 20 372907 0 9909724 6335315 78644385 78735810 2456709 732354 -6772 2787 91004046 85806266 35466295 33191754 0 0 27946801 28660303 22000 0 779772 23826917 24964744 87262013 86816801 3742033 -1010535 94215029 92753056 47162314 46503900 47052715 46249156 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 79848082 33191754 78735810 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 = 1172Traditional Undergraduate = 1073Nontraditional/Online = 99Graduate Fall Enrollment Total Headcount = 545Student Faculty Ratio = 12:1Average class size = 16Undergraduate 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 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. 79848082 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 239 0 1 1154 1 1 1 0 0 0 0 1 1 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 X Janet Waldron 6038994241 40 University Drive Rindge NH 03461 Derica Carty Trustee 1.00 X 0 0 0 Elizabeth DiPietro Trustee 1.00 X 0 0 0 Steve Duprey Trustee 1.00 X 0 0 0 Genevieve McGillicuddy Trustee 1.00 X 0 0 0 Dominick Miciotta Trustee 1.00 X 0 0 0 Robert Riley Trustee 1.00 X 0 0 0 Rollin Schuster Trustee 1.00 X 0 0 0 Nick Soggu Trustee 1.00 X 0 0 0 Frederick Pierce IV Chair/Trustee 1.00 X X 0 0 0 Carol Houle Co-Chair/Trustee 1.00 X X 0 0 0 Sean O'Kane Secretary/Trustee 1.00 X X 0 0 0 Dr Kim Mooney President 40.00 X X 465160 0 49032 Steven Camerino Past Trustee 1.00 X 0 0 0 Terrell Boston Smith Past Trustee 1.00 X 0 0 0 Janet Waldron Interim CFO/VP Finance & Acct. 40.00 X 280000 0 0 Catherine Padin Provost 40.00 X 178458 0 30730 Priscilla Marsicovetere Dean Coll. Health & Natural Science 40.00 X 167244 0 40815 Marci Contreras Aca Prog Dir - MPAS AZ 40.00 X 154971 0 21800 Letha Zook Dept Chair/Academic Director/HP 40.00 X 148884 0 22519 Sarah Dangelantonio Exec Dean of Assessement & Academic Affairs 40.00 X 150250 0 23963 Linda Quimby VP Enrollment and University Communications 40.00 X 130091 0 27063 1675058 0 215922 26 0 1 1 Sodexo Inc & Affiliates PO Box 360170 Pittsburgh PA 152516170 Food Service 2972372 EAB PO Box 603519 Charlotte NC 282603519 Student Recruiting Services 920587 Securitas Security Services USA Inc PO Box 403412 Atlanta GA 303843412 Security 673725 WSO Plus Inc PO Box 69 Henniker NH 03242 Waste Water Treatment 484312 ATA Construction 18 Brandford Street Rindge NH 03461 Construction 484005 32 31250 4134308 2169757 21363 6335315 Tuition and Fees 611710 63409701 63409701 Auxiliary Services 713940 14383908 14011001 372907 Miscellaneous Revenue 611710 942201 942201 78735810 956610 956610 7091866 7316122 -224256 -224256 -224256 16875 31250 14088 2787 2787 85806266 78362903 372907 735141 33191754 33191754 1003380 1003380 20971746 18957787 1507479 506480 771199 681884 71098 18217 4382429 3823120 481880 77429 1531549 1326047 170074 35428 208471 208471 196291 196291 168208 168208 4703368 3715604 908534 79230 347134 343368 275 3491 1016849 392455 596717 27677 543988 445968 98020 5818853 5438594 379043 1216 237879 225931 2731 9217 1174345 1123889 50456 4166176 3987177 178999 946748 906071 40677 Student Board 2720730 2696995 23735 Athletics 1474921 1474921 Other Expenses 722145 597879 102879 21387 Federal Perkins Loan ca 518638 518638 86816801 79848082 6188947 779772 X 19567735 12131809 427273 702644 343081 8876787 688504 830607 1709276 649286 239109 131689 1159226 1175070 113164012 70666462 48929004 42497550 20797394 20292304 0 5091389 354427 373921 94215029 92753056 5082281 3978276 3087564 3934536 30057425 29281012 8935044 9310076 47162314 46503900 X 37004266 34248426 10048449 12000730 47052715 46249156 94215029 92753056 -1010535 206976 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21483841 663025 -17280 971000 21158586 22836295 1134670 -1668124 819000 21483841 17224432 2203186 4109677 701000 22836295 14743601 1672029 1348802 540000 17224432 13331829 1622328 201444 412000 14743601 0.58725 0.39631 0.01644 0 0 1104677 1104677 75432241 44456733 30975508 345864 252018 93846 15554501 11099945 4454556 20726729 14857766 5868963 42497550 Capital Lease Obligations 5973887 Student Deposits 3336189 9310076 52159623 206976 10893 14088 231957 51927666 168208 33710392 33878600 85806266 52963182 10893 14088 24981 52938201 168208 33710392 33878600 86816801 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 14,088. Part XI, Line 4b - Other Adjustments: Financial Aid 33,191,754. Federal Perkins Loan Cancellation Costs 518,638. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 14,088. Part XII, Line 4b - Other Adjustments: Financial Aid 33,191,754. Federal Perkins Loan Cancellation Costs 518,638. 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 Federal 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 Golf Tournament 48125 31250 16875 13207 881 48125 31250 16875 13207 881 14088 2787 1 Scholarships 103 496525 Discounts 1090 32695229 FMV Student Tuition Discounts Schedule I, Part I, Line 2 All Federal assistance is in the form of either Federal Student Loans or Federal Pell and/or Supplemental Educational Opportunity 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 Dr Kim Mooney President 357660 0 60000 0 47500 0 12231 0 36801 0 514192 0 0 0 Janet Waldron Interim CFO/VP Finance & Acct. 260000 0 0 0 20000 0 0 0 0 0 280000 0 0 0 Catherine Padin Provost 159258 0 0 0 19200 0 4114 0 26616 0 209188 0 0 0 Priscilla Marsicovetere Dean Coll. Health & Natural Science 143433 0 4311 0 19500 0 4534 0 36281 0 208059 0 0 0 Marci Contreras Aca Prog Dir - MPAS AZ 144971 0 10000 0 0 0 3328 0 18472 0 176771 0 0 0 Sarah Dangelantonio Exec Dean of Assessement & Academic 150250 0 0 0 0 0 19278 0 4685 0 174213 0 0 0 Letha Zook Dept Chair/Academic Director/HP 148884 0 0 0 0 0 3394 0 19125 0 171403 0 0 0 Linda Quimby VP Enrollment and University Communi 130091 0 0 0 0 0 4086 0 22977 0 157154 0 0 0 Part I, Line 7 Dr. Kim Mooney, President, Priscilla Marsicovetere, Dean Coll Heatlh & Nat Science/ HP, and Marci Contreras, Academic Program Director - MPAS AZ, received bonuses based on industry comparisons for merit and job performance. Form 990, Part VII, Line 5: During calendar year 2022, Janet Waldron, Interim CFO/VP of Finance & Accounting, was compensated by The Registry for services rendered to the University. Compensation for Mrs. Waldron totaled $280,000. A New Hampshire Health and Education Facilities Authority 020279866 2016-11-07 34562000 Construction of college facilities 0 0 0 A 4745477 34562000 675863 33886137 2016 0 1 1 1 A 0 0 0 0 0 0 1 A 0 1 0 1 1 0 0 0 1 A 1 Date Rebate Computation Performed Issuer Name: New Hampshire Health and Education Facilities Authority Date the Rebate Computation was Performed: 10/31/2022 Form 990, Part VI, Section A, line 3 The University paid the Registry for Positions as Interim CFO-VP Finance & Accounting. 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).