Franklin Pierce University
Franklin Pierce University reported $127.7 million in revenue and $131.3 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $94.71 went to program services, $4.79 to management and general costs and $0.50 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.6% of the total. The highest compensation it reported for one person was $487,147 (Past President). 31 people received more than $100,000 in reportable compensation. Revenue rose 42% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $131MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending May 31, 2025 · Form 990, Part VIII · total revenue $128M- Contributions & grants (non-government)$0.54 $688K
- Government grants$0.41 $521K
- Program service revenue$97.55 $125M
- Investment income$1.50 $1.9M
Other revenue was negative: −$4,106. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.5% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.55 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.4% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 97.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $487,147 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.37% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 31 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 15 of 16 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseFranklin 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 = 997Traditional Undergraduate = 910Nontraditional/Online = 87Graduate Fall Enrollment Total Headcount = 658 Student Faculty Ratio = 13:1Average class…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Past President Director/trustee, officer, 40.00 hrs/week | $448,886 | $0 | $38,261 | $487,147 |
| President Director/trustee, officer, 40.00 hrs/week | $269,850 | $0 | $15,641 | $285,491 |
| Provost & VP Acad Affairs Key employee, 40.00 hrs/week | $193,080 | $0 | $29,854 | $222,934 |
| Exec Dean Assess & Acad Affairs Highest compensated employee, 40.00 hrs/week | $160,542 | $0 | $21,410 | $181,952 |
| Dean Class Highest compensated employee, 40.00 hrs/week | $122,173 | $0 | $52,195 | $174,368 |
| Past Interim CFO Officer, 40.00 hrs/week | $173,333 | $0 | $0 | $173,333 |
| Dept Chair Acad Director Highest compensated employee, 40.00 hrs/week | $151,461 | $0 | $16,906 | $168,367 |
| Acad Prog Director MPAS TX Highest compensated employee, 40.00 hrs/week | $133,497 | $0 | $26,211 | $159,708 |
31 people received more than $100,000 in reportable compensation from Franklin Pierce University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b16 · 15 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 51,114
- Volunteers Part I, line 617
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Sodexo Inc & Affiliates Food Service | $3,004,320 |
| Precision Temperature Control Inc HVAC Repairs & Service | $1,033,213 |
| Central Guards Security Service Security | $752,821 |
| EAB Student Recruiting Services | $647,114 |
| WSO Plus Inc Water & Sewer System Repairs | $341,855 |
Individuals listed as contractors are left out. 55 contractors were paid more than $100,000 in all.
Private foundation grants it received
16 private foundations reported grants to Franklin Pierce University totaling $285K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Franklin Pierce University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Franklin Pierce University, you can publish a response that is linked from this page.
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Of every $100 Franklin Pierce University spent in FY2025, $94.71 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Hillsborough County School Readiness CoalitionTampa, FL · revenue $128M · programs 97.2% · FY2025
- Harvard-Westlake SchoolStudio City, CA · revenue $128M · programs 75.8% · FY2025
- The University of BridgeportBridgeport, CT · revenue $128M · programs 74.1% · FY2025
- Lebanon Valley CollegeAnnville, PA · revenue $128M · programs 91.1% · FY2025
- Amda Inc. (American Musical and Dramatic Academy)New York, NY · revenue $128M · programs 81.5% · FY2025
All education charities · Largest charities in New Hampshire
Questions people ask
How much of Franklin Pierce University's spending goes to programs?
In the fiscal year ending May 31, 2025, Franklin Pierce University reported that 94.7% of its $131.3 million in expenses went to program services, 4.8% to management and general and 0.5% to fundraising (Form 990, Part IX).
How much does Franklin Pierce University pay its top executive?
The largest total compensation Franklin Pierce University reported for one person in the fiscal year ending May 31, 2025 was $487,147, for the role of Past President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Franklin Pierce University get its money?
Of $127.7 million in revenue in the fiscal year ending May 31, 2025, 0.9% came from contributions and grants (including 0.4% from government grants) and 97.6% from program service revenue (Form 990, Part VIII).
Is Franklin Pierce University a registered charity?
The IRS lists EIN 02-0263136 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending May 31, 2025, object 202640709349301214 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202500599349300905 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202410729349300026 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202321019349300127 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202210629349300206 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202111029349300521 · read the filing
All filings for EIN 02-0263136: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.