SIGNUM UNIVERSITY

EIN: 453208712 501(c)(3) Education

BEDFORD, NH

Total Revenue
$919,353
Total Expenses
$876,833
Total Assets
$84,075
Net Assets
$8,182
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NH
Principal Officer
COREY OLSEN
Phone
2158409231
Tax Period
2023-08-01 to 2024-07-31

SIGNUM UNIVERSITY, founded in 2012, is a small nonprofit in the Education sector that reported $919K in total revenue in fiscal year 2023. Expenses of $877K left a modest 5% surplus.

Mission

TO ESTABLISH AN OPEN AND GLOBALLY ACCESSIBLE DIGITAL CAMPUS THAT REDUCES STUDENT COSTS, PROVIDES A VIBRANT ONLINE ACADEMIC COMMUNITY THAT FOSTERS EXCEPTIONAL TEACHING, OPPORTUNITIES FOR INTELLECTUAL ENGAGEMENT, AND ENSURES A FAIR AND GENEROUS TREATMENT OF OUR EMPLOYEES AND STUDENTS ALIKE. SIGNUM OFFERS COURSES TOWARDS A CERTIFICATE OR MASTER DEGREE IN LANGUAGE AND LITERATURE, CONDUCTS PROFESSIONAL DEVEOPMENT COURSES IN INTERPERSONAL SKILLS FOR PROFESSIONALS, RUNS AFTERSCHOOL CLUBS IN LANGUAGE ART FOR KIDS, ORGANIZES EDUCATIONAL CONFERENCES, AND HOSTS NUMEROUS PUBLIC EDUCATION PROGRAMS THAT ARE FREELY AVAILABLE TO EVERYONE, BOTH FOR LIVE PARTICIPATION AND DOWNLOAD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $300,465
Program Service Revenue $618,888
Investment Income $0
Other Revenue $0
TOTAL REVENUE $919,353

Expense Breakdown

Grants Paid $0
Salaries & Benefits $711,804
Fundraising Expenses $9,613
Program Expenses $718,344
Other Expenses $165,029
TOTAL EXPENSES $876,833

Year-over-Year Comparison

2023 2022 Change
Revenue $919,353 $927,883 0.0%
Expenses $876,833 $982,761 -0.1%
Net Income $42,520 $-54,878 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
13
Independent Members
13
Employees
36
Volunteers
13

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$18,449
Total Directors
7
$43,224
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEXANDER PETROV AT LARGE MEMBER 2.00
Director
$0 $0 $0
LYNN SCHLESINGER ELECTED STUDENT MEMBER 4.00
Director
$0 $0 $0
SPARROW ALDEN VICE-CHAIR 4.00
Director
$32,662 $0 $32,662
PETER RYBSKI AT LARGE MEMBER 4.00
Director
$0 $0 $0
MATTHEW DEFORREST CHAIR 4.00
Director
$0 $0 $0
LIZA GOLD CHAIR 4.00
Director
$0 $0 $0
LARRY SWAIN ELECTED FACULTY MEMBER 2.00
Director
$10,562 $0 $10,562
COREY OLSEN PRESIDENT 4.00
Officer
$18,449 $0 $18,449
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $919,353 $876,833 $84,075 $42,520
2023 $927,883 $982,761 $44,010 $-54,878
2022 $436,587 $501,572 $91,089 $-64,985
2021 $373,357 $359,876 $115,611 $13,481
2020 $228,671 $188,030 $136,642 $40,641
2019 $218,641 $203,373 $87,914 $15,268
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