Civic Intelligence

Franklin University

990 • Fiscal year 2011 • EIN 31-0707369

Aug 01, 2010 to Jul 31, 2011 • Filed on Dec 12, 2011

201 South Grant Avenue43215-5399
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

33rd percentile

0.22x

Higher debt load relative to assets than 33% of similar nonprofits.

2011 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$106,716,172

No earlier filing loaded for comparison.

Net Assets

$82,918,836

No earlier filing loaded for comparison.

Liabilities

$23,797,336

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$67,183,813

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2011: $106,716,172Liabilities 2011: $23,797,336Net Assets 2011: $82,918,8362011Assets 2012: $106,930,884Liabilities 2012: $20,319,300Net Assets 2012: $86,611,5842012Assets 2013: $119,803,221Liabilities 2013: $21,813,363Net Assets 2013: $97,989,8582013Assets 2014: $129,005,845Liabilities 2014: $18,920,685Net Assets 2014: $110,085,1602014Assets 2016: $138,932,940Liabilities 2016: $31,168,577Net Assets 2016: $107,764,3632016Assets 2017: $143,653,305Liabilities 2017: $29,912,765Net Assets 2017: $113,740,5402017Assets 2018: $145,395,541Liabilities 2018: $29,266,494Net Assets 2018: $116,129,0472018Assets 2019: $143,652,888Liabilities 2019: $28,661,526Net Assets 2019: $114,991,3622019Assets 2020: $133,627,100Liabilities 2020: $26,649,248Net Assets 2020: $106,977,8522020Assets 2021: $146,345,145Liabilities 2021: $22,657,871Net Assets 2021: $123,687,2742021Assets 2024: $143,856,355Liabilities 2024: $26,872,039Net Assets 2024: $116,984,3162024

Highlighted filing

2011

Assets$106,716,172
Liabilities$23,797,336
Net Assets$82,918,836

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MExpenses 2011: $67,183,8132011Expenses 2012: $68,317,9192012Expenses 2013: $68,513,4432013Revenue 2014: $80,807,403Expenses 2014: $69,773,359Net Income 2014: $11,034,0442014Revenue 2016: $79,075,067Expenses 2016: $84,518,956Net Income 2016: -$5,443,8892016Revenue 2017: $75,039,708Expenses 2017: $72,527,632Net Income 2017: $2,512,0762017Revenue 2018: $77,153,579Expenses 2018: $73,110,163Net Income 2018: $4,043,4162018Revenue 2019: $73,806,482Expenses 2019: $77,835,291Net Income 2019: -$4,028,8092019Revenue 2020: $81,557,070Expenses 2020: $86,309,364Net Income 2020: -$4,752,2942020Revenue 2021: $78,032,450Expenses 2021: $72,598,140Net Income 2021: $5,434,3102021Revenue 2024: $94,699,869Expenses 2024: $89,156,450Net Income 2024: $5,543,4192024

Highlighted filing

2011

Revenue-
Expenses$67,183,813
Net Income-
Jump To
Filing Snapshot
Filing Period
Aug 1, 2010 to Jul 31, 2011
Signed
Dec 12, 2011
Return Version
2010v3.4
Gross Receipts
$165,408,300
Mission and Program Overview

Mission

Since 1902, Franklin University has been a pioneer in meeting the needs of adult students who have the ambition to continue their education in combination with other responsibilities, receiving its status as a tax exempt organization in 1964. As a learner-centered institution of higher education, the four cornerstones of the Franklin educational philosophy are (a) Ensuring academic quality (b) Providing equal access to educational opportunities (c) Adapting to the needs of students (d) Responding to changes in society, professions, and the business community. Franklin continuously seeks and appreciates strategic partner relationships that support our learning environment and experiences of our students. Investments from strategic partners may include contributions for student scholarships as well as contributions to enhance program offerings, facilities, and technology.

Filing and Contact Details

Filer

EIN
31-0707369
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IRS990/Description0The University reported serving 11,285 unique students in the 2010-2011 Academic Year granting 1,633 undergraduate degrees and 435 graduate degrees. Four new academic programs were introduced during the year bringing the total number of academic program offerings to 34 (29 undergraduate and five graduate). The University expanded its Main Campus, downtown with the purchase of the 15,000-square-foot building located at 360 South Grant Avenue. The University entered into its newest international agreement to offer its MBA to students at Megatrend University in the Republic of Serbia. Plans are under way to start new MBA cohorts at numerous other international partner locations over the next three years. Pima Community College and Pennsylvania Highlands Community College joined the other 270 institutions in the Community College Alliance Program.
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IRS990/Form990PartVIISectionA/ReportableCompFromOrganization42117663
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs100
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs120
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs130
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs140
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs150
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs160
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs170
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs180
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs190
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