FRANKLIN UNIVERSITY Charity Report

Public IRS 990 nonprofit record

FRANKLIN UNIVERSITY

EIN 31-0707369 · Education (B)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders35 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

74.62%of revenue went to mission work84.3% of expenses · Program services

0.16%of revenue went to fundraising0.2% of expenses

$88.49spent for every $100 of revenueRevenue covered expenses this year.

13.70%of revenue went to management and office costs15.5% of expenses

$1.53in assets for every $1 spent this yearSome assets cannot be spent right away.

0.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,007,178 for DR DAVID R DECKER (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$111,960,173

Mission workProgram services$83,549,81974.62% of revenue84.3% of expenses

ManagementOffice and general costs$15,341,22213.70% of revenue15.5% of expenses

FundraisingAsking for donations$181,4760.16% of revenue0.2% of expenses

Revenue left after expensesReported annual surplus$12,887,65611.51% of revenueShown in gray on the chart

Total expenses$99,072,51788.49% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.3% mission · 15.5% management · 0.2% fundraisingTotal expenses: 88.49% of revenue

2023Expense mix: 84.7% mission · 15.1% management · 0.2% fundraisingTotal expenses: 94.15% of revenue

2022Expense mix: 84.6% mission · 15.3% management · 0.2% fundraisingTotal expenses: 100.95% of revenue

2021Expense mix: 85.0% mission · 14.8% management · 0.1% fundraisingTotal expenses: 97.84% of revenue

2020Expense mix: 82.8% mission · 17.0% management · 0.2% fundraisingTotal expenses: 93.04% of revenue

2019Expense mix: 85.9% mission · 14.0% management · 0.1% fundraisingTotal expenses: 105.83% of revenue

2018Expense mix: 85.4% mission · 14.4% management · 0.3% fundraisingTotal expenses: 105.46% of revenue

2017Expense mix: 83.0% mission · 15.8% management · 1.2% fundraisingTotal expenses: 94.76% of revenue

Money in and money out

Revenue$111,960,173

Expenses$99,072,517

Annual surplus $12,887,656 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$83,549,819 · 84.3% of expenses

Management and office costs$15,341,222 · 15.5% of expenses

Fundraising$181,476 · 0.2% of expenses

See all reported dollar amounts

Revenue$111,960,173

Expenses$99,072,517

Assets$151,440,069

Income$178,541,190

Contributions$1,031,611

Mission work (program services)$83,549,819

Fundraising$181,476

Management and general$15,341,222

Stocks and bonds$43,142,740

Accounting fees$91,500

Investing fees$454,752

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DR DAVID R DECKERPRESIDENT · 55 hrs/week $1,007,178Base $956,585 · Other $50,593

CHRISTI FARLEY-CABUNGCALCHIEF OF STAFF & SVP ADMINISTRATION · 40 hrs/week $438,800Base $388,867 · Other $49,933

DR CHRISTOPHER WASHINGTONPROVOST AND SVP-ACADEMIC AFFAIRS · 50 hrs/week $437,439Base $381,590 · Other $55,849

DR GODFREY MENDESSVP GLOBAL PROGRAMS & STRATEGIC INITIATIVES · 40 hrs/week $433,096Base $375,861 · Other $57,235

RICK SUNDERMANSVP AND CHIEF INFORMATION OFFICER · 40 hrs/week $402,176Base $347,222 · Other $54,954

DR MARV BRISKEYTREASURER/SVP-CHIEF FINANCIAL OFFICER · 40 hrs/week $397,398Base $347,463 · Other $49,935

DR LYNNETTE ROUZERVP-STUDENT AFFAIRS · 40 hrs/week $363,780Base $320,480 · Other $43,300

BILL CHANVP-STRATEGIC ALLIANCES · 40 hrs/week $362,694Base $319,617 · Other $43,077

CARL BROWNVP-CAMPUS SERVICES · 40 hrs/week $340,877Base $290,666 · Other $50,211

DR PATRICK BENNETTVP OPERATIONS, FRANKLIN LEARNING SOLUTIONS · 40 hrs/week $303,767Base $258,111 · Other $45,656

RANDOLPH SNYDERVP-FINANCIAL SERVICES · 40 hrs/week $295,091Base $252,647 · Other $42,444

DR WENDELL SEABORNEDEAN DOCTORAL STUDIES AND ACADEMIC RESEARCH · 40 hrs/week $244,877Base $213,845 · Other $31,032

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (35)

DR DAVID R DECKERPRESIDENT

CHRISTI FARLEY-CABUNGCALCHIEF OF STAFF & SVP ADMINISTRATION

DR CHRISTOPHER WASHINGTONPROVOST AND SVP-ACADEMIC AFFAIRS

DR GODFREY MENDESSVP GLOBAL PROGRAMS & STRATEGIC INITIATIVES

RICK SUNDERMANSVP AND CHIEF INFORMATION OFFICER

DR MARV BRISKEYTREASURER/SVP-CHIEF FINANCIAL OFFICER

DR LYNNETTE ROUZERVP-STUDENT AFFAIRS

BILL CHANVP-STRATEGIC ALLIANCES

CARL BROWNVP-CAMPUS SERVICES

DR PATRICK BENNETTVP OPERATIONS, FRANKLIN LEARNING SOLUTIONS

RANDOLPH SNYDERVP-FINANCIAL SERVICES

DR WENDELL SEABORNEDEAN DOCTORAL STUDIES AND ACADEMIC RESEARCH

DR ALYNCIA BOWENDEAN, COLLEGE OF BUSINESS

DR JONATHAN W MCCOMBSDEAN, COLLEGE OF HEALTH

MELISSA GUTIERREZTRUSTEE

PETER ROCHETRUSTEE

PAMELA SPRINGERTRUSTEE

OYAUMA GARRISONTRUSTEE

THOMAS SHOUPETRUSTEE

RALPH SANESESECRETARY

STACEY ARMSTRONGVICE CHAIR

STAN PARTLOWTRUSTEE

TED FORDTRUSTEE

ANTHONY GONSALVESTRUSTEE

MATTHEW TOUSSANTTRUSTEE

JOSEPH PATRICKTRUSTEE

JENNIFER THOMASTRUSTEE

JAMIE CRANETRUSTEE

GARY JAMESTRUSTEE

GARY FLYNNTRUSTEE

DENISE ZABAWSKITRUSTEE

DAVID WHITECHAIR

CARRIE HARRIS-MULLERTRUSTEE

BRUCE HAGENTRUSTEE

BILL BALDERAZTRUSTEE

About this charity

Recognized since: January 1966
Location: 201 South Grant Avenue, Columbus, OH 432155399
County: Franklin
In care of: Marv Briskey
Primary officer: Marv Briskey, Treasurer/CFO

How to reach them

WebsiteVisit the charity’s website Emailadmissions@franklin.edu Phone(614) 947-6002

Filing and classification

Latest tax year: 2024
Tax period began: August 1, 2024
Return type: 990
NTEE classification: Education (B)
IRS tax category: Education