Columbus, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRANKLIN UNIVERSITY, founded in 1964, is a major nonprofit that reported $112.0M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $99.1M left a modest 12% surplus.
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.
Franklin University served 14,678 unique students in the 2024-25 Academic Year, granting 125 Associate's degrees, 1,415 Bachelor's degrees, 899 Master's degrees, 70 Doctoral degrees, and 33 graduate...
Franklin University served 14,678 unique students in the 2024-25 Academic Year, granting 125 Associate's degrees, 1,415 Bachelor's degrees, 899 Master's degrees, 70 Doctoral degrees, and 33 graduate certificates. Franklin has a total of 78 academic program offerings (42 undergraduate, 2 undergraduate certificates, and 23 graduate, 5 doctorate and 6 graduate certificates). Globally, Franklin offers its MBA and undergraduate programs to students through international partnerships.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $111,960,173 | $94,699,869 | +0.2% |
| Expenses | $99,072,517 | $89,156,450 | +0.1% |
| Net Income | $12,887,656 | $5,543,419 | +1.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dr David R Decker | President | 55 |
Officer
|
$956,585 | $50,593 | $1,007,178 |
| Christi Farley-Cabungcal | Chief of Staff & SVP Administration | 40 |
Key Emp
|
$388,867 | $49,933 | $438,800 |
| Dr Christopher Washington | Provost and SVP-Academic Affairs | 50 |
Key Emp
|
$381,590 | $55,849 | $437,439 |
| Dr Godfrey Mendes | SVP Global Programs & Strategic Initiatives | 40 |
Key Emp
|
$375,861 | $57,235 | $433,096 |
| Rick Sunderman | SVP and Chief Information Officer | 40 |
Key Emp
|
$347,222 | $54,954 | $402,176 |
| Dr Marv Briskey | Treasurer/SVP-Chief Financial Officer | 40 |
Officer
|
$347,463 | $49,935 | $397,398 |
| Dr Lynnette Rouzer | VP-Student Affairs | 40 |
Key Emp
|
$320,480 | $43,300 | $363,780 |
| Bill Chan | VP-Strategic Alliances | 40 |
Key Emp
|
$319,617 | $43,077 | $362,694 |
| Carl Brown | VP-Campus Services | 40 |
Key Emp
|
$290,666 | $50,211 | $340,877 |
| Dr Patrick Bennett | VP Operations, Franklin Learning Solutions | 40 |
Highest
|
$258,111 | $45,656 | $303,767 |
| Randolph Snyder | VP-Financial Services | 40 |
Highest
|
$252,647 | $42,444 | $295,091 |
| Dr Wendell Seaborne | Dean Doctoral Studies and Academic Research | 40 |
Highest
|
$213,845 | $31,032 | $244,877 |
| Dr Alyncia Bowen | Dean, College of Business | 40 |
Highest
|
$207,053 | $30,921 | $237,974 |
| Dr Jonathan W McCombs | Dean, College of Health | 40 |
Highest
|
$205,038 | $22,008 | $227,046 |
| David White | Chair | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Stacey Armstrong | Vice Chair | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Ralph Sanese | Secretary | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Stan Partlow | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Jamie Crane | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Gary Flynn | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Ted Ford | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Anthony Gonsalves | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Bruce Hagen | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Gary James | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Peter Roche | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Matthew Toussant | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Melissa Gutierrez | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Thomas Shoupe | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Jennifer Thomas | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Pamela Springer | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Bill Balderaz | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Oyauma Garrison | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Carrie Harris-Muller | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Joseph Patrick | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Denise Zabawski | Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $111,960,173 | $99,072,517 | $151,440,069 | $12,887,656 |
| 2024 | $94,699,869 | $89,156,450 | $143,856,355 | $5,543,419 |
| 2023 | $87,653,191 | $88,484,231 | $133,471,037 | $-831,040 |
| 2022 | $89,948,897 | $88,006,200 | $138,387,629 | $1,942,697 |
| 2021 | $78,032,450 | $72,598,140 | $146,345,145 | $5,434,310 |
| 2020 | $81,557,070 | $86,309,364 | $133,627,100 | $-4,752,294 |
| 2020 | $81,557,070 | $86,309,364 | $133,627,100 | $-4,752,294 |
| 2019 | $73,806,482 | $77,835,291 | $143,652,888 | $-4,028,809 |
| 2018 | $77,153,579 | $73,110,163 | $145,395,541 | $4,043,416 |
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