Overview
What is Franklin University?
Franklin University is a nonprofit, student-centered institution based in Columbus, Ohio, with a US address at 201 South Grant Avenue, 43215. Established in 1902, the university has served over 7,900 unique students in the 2021-22 academic year, granting various degrees and certificates. The academic offerings include 50 undergraduate, 3 undergraduate certificates, 21 graduate, 5 doctorate, and 5 graduate certificates, with global reach through international partnerships for MBA and undergraduate programs. Franklin's mission is to provide accessible, high-quality education that caters to learners' needs and responds to societal changes. The university has a total workforce of 1,186 employees and invests in strategic partnerships for scholarships, program enhancements, facilities, and technology.
Official website here: www.franklin.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Franklin University has achieved a high rating of 96% from Charity Navigator, reflecting its strong performance in accountability and finance. This score is derived solely from its financial metrics, underscoring the organization’s commitment to transparency and responsible financial management. The organization has no material diversion of assets, indicating effective oversight.
The nonprofit boasts a fully independent board with 100% of its members being independent, which contributes positively to its governance structure. Additionally, Franklin University has robust policies in place, including conflict of interest and whistleblower policies, ensuring ethical operations and protection for its stakeholders.
While the organization excels in financial management, with a program expense ratio of 84.22%, there are no specific user feedback comments to provide insights on its programmatic impact or community engagement. Overall, its strong financial standing and governance practices position it favorably within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Franklin University?
78% of 238 reviewers on Facebook recommend Franklin University. Here is a summary of their reviews:
Many users highlight the quality of instruction, noting that several instructors provide an excellent learning experience. The accounting program, in particular, receives positive acclaim, suggesting it is well-structured and beneficial for students pursuing careers in that field.
Overall, Franklin University seems to meet the expectations of its students, especially in terms of academic rigor and instructor effectiveness. Those who have taken accounting courses seem particularly pleased with their education.
This AI summary has been generated from reviews found on Facebook.
Is Franklin University legitimate?
Franklin University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,915,183
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,606,435
For more financial information, click here
Official website here: www.franklin.edu
What is the mission statement of Franklin University?
Since its founding in 1902, Franklin University has been dedicated to delivering high-quality education to a broad range of learners, enabling them to achieve their goals and contribute to society. As a nonprofit, independent institution, it prides itself on being student-centered and adaptable to the needs of its learners. The university's mission is grounded in four core principles: ensuring academic quality, providing equal access to education, adapting to students' needs, and responding to changes in society, professions, and the business community. Franklin University values strategic partnerships to support its learning environment and enhance the educational experiences of its students. These partnerships may include contributions for student scholarships and investments to improve program offerings, facilities, and technology.
Official website here: www.franklin.edu
Who is the CEO of Franklin University?
Dr David Decker is the Principal Officer of Franklin University.
Official website here: www.franklin.edu
What is the revenue of Franklin University?
Franklin University's revenue in 2022 was $89,948,897.
Official website here: www.franklin.edu
Who are the executives of Franklin University and what are their salaries?
The average compensation at Franklin University during 2022 was $33,323. There are 1186 employees and 21 volunteers at Franklin University.
Here are 34 key members and their salaries:
- Compensation: $819,583
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- Other: $44,158
- Compensation: $323,958
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- Other: $41,344
- Compensation: $318,176
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- Compensation: $299,314
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- Other: $41,344
- Compensation: $293,429
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- Other: $38,260
- Compensation: $296,929
- Related: $0
- Other: $34,636
- Compensation: $255,438
- Related: $0
- Other: $32,156
- Compensation: $250,352
- Related: $0
- Other: $26,058
- Compensation: $233,177
- Related: $0
- Other: $35,674
- Compensation: $210,127
- Related: $0
- Other: $31,874
- Compensation: $204,787
- Related: $0
- Other: $24,471
- Compensation: $197,519
- Related: $0
- Other: $24,622
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Official website here: www.franklin.edu
Where can I find the form 990 for Franklin University?
Franklin University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.franklin.edu
Learn more at the official website: www.franklin.edu
Mission Statement of Franklin University
Franklin University, a nonprofit, independent institution, has been committed to providing quality education to a broad community of learners since its inception in 1902. The university's mission is to enable students to achieve their goals and enrich the world, making education accessible to those with other responsibilities. Franklin University's educational philosophy is built on four cornerstones: ensuring academic quality, providing equal access to educational opportunities, adapting to the needs of students, and responding to changes in society, professions, and the business community.
The university, which received its tax-exempt status in 1964, has a rich history of being a pioneer in meeting the needs of adult students. It is learner-centered, prioritizing the needs of its students above all else. Franklin University continually seeks strategic partnerships that support its learning environment and enhance the experiences of its students. These partnerships may include contributions for student scholarships and investments to enhance program offerings, facilities, and technology.
Franklin University's dedication to academic quality and equal access to educational opportunities has made it a respected institution for over a century. Its adaptability to the needs of students allows it to cater to a diverse range of learners, ensuring that everyone has the opportunity to succeed. By responding to changes in society, professions, and the business community, Franklin University remains at the forefront of higher education and prepares its graduates for successful careers.
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Impact
October, 2024
Franklin University significantly impacts its community by providing high-quality, relevant education tailored to the needs of adult learners. In the 2021-22 academic year alone, the university served 7,981 unique students, helping them achieve their educational and career goals through a diverse range of academic programs. With 84 offerings, including associate's, bachelor's, master's, and doctoral degrees, Franklin caters to a varied student population eager to advance their education while balancing other responsibilities.
Founded in 1902, Franklin has maintained a strong commitment to academic quality and equal access to education, adapting its programs to meet the evolving needs of students and the changing demands of society and professional landscapes. This adaptability is evidenced through global partnerships, extending its MBA and undergraduate programs to students worldwide.
Moreover, Franklin's focus on creating strategic partnerships enhances its educational environment, providing essential resources for scholarships, program improvements, and technological advancements. Through these efforts, Franklin University enriches the lives of its students and, by extension, the broader community.
This information is meant to be a general summary of Franklin University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,041,417
- Program Service Revenue: $73,188,695
- Gross Receipts: $142,379,075
Assets and Liabilities:
- Total Assets: $138,387,629
- Total Liabilities: $29,745,935
- Net Assets: $108,641,694
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and fees
Revenue
$71,616,409
Program Development
Revenue
$23,436
Organization Details
Founding Year
1964
Phone
(614) 947-6002Principal Officer
Dr David Decker
Main Address
201 South Grant Avenue, Columbus, OH, 432155399
Website
www.franklin.eduNTEE Category
Code: B42 - Education
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