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Employer Identification Number 31-0707369

FRANKLIN UNIVERSITY is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:FRANKLIN UNIVERSITY
Employer identification number (EIN):31-0707369
EIN Issuing AuthoritySmall Business Administration SBA Unit
NAIC Classification:611000
401k Pension/Benefits registration FRANKLIN UNIVERSITY 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationOhio, OH

Organization Overview

Mission StatementFranklin University and its subsidiary Urbana University are student-centered, nonprofit, independent institutions providing high quality, relevant education to enable the broadest possible community of learners to achieve their goals and enrich the world.
Number of Employees1983
Number of Volunteers23
Year Formed1964

Organization Governance

Legal DomicileOH
Voting Members - Governing Body22
Voting Members - Independent22

Organization Financials

2024-07-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 80,792,308
Program Service Revenue from current yearUSD $ 85,911,440
Investment Income from prior yearUSD $ 4,766,818
Investment Income from current yearUSD $ 6,901,933
Other Revenue from prior yearUSD $ 206,007
Other Revenue from current yearUSD $ 764,599
Gross receipts from all sourcesUSD $ 178,541,190
Net assets / fund balances at end of fiscal yearUSD $ 116,984,316
Net assets / fund balances at beginning of fiscal yearUSD $ 108,349,446
Total liabilities at end of fiscal yearUSD $ 26,872,039
Total liabilities at beginning of fiscal yearUSD $ 25,121,591
Total assets at end of fiscal yearUSD $ 143,856,355
Total assets at beginning of fiscal yearUSD $ 133,471,037
Revenues less expenses for current yearUSD $ 5,543,419
Revenues less expenses for previous yearUSD $ -831,040
Total expenses for current yearUSD $ 89,156,450
Total expenses for previous yearUSD $ 88,484,231
Other expenses in current yearUSD $ 21,677,902
Other expenses in previous yearUSD $ 21,809,275
Total fundraising expenses in current yearUSD $ 142,066
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 54,360,597
Employee salary and benefits paid in previous yearUSD $ 50,499,693
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 13,117,951
Grants and similar amounts paid in previous yearUSD $ 16,175,263
Total revenue in current fiscal yearUSD $ 94,699,869
Total revenue in previous fiscal yearUSD $ 87,653,191
Contributions and grants from current yearUSD $ 1,121,897
Contributions and grants from previous yearUSD $ 1,888,058
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 700,262
2023-07-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 73,188,695
Program Service Revenue from current yearUSD $ 80,792,308
Investment Income from prior yearUSD $ 10,041,417
Investment Income from current yearUSD $ 4,766,818
Other Revenue from prior yearUSD $ 86,558
Other Revenue from current yearUSD $ 206,007
Gross receipts from all sourcesUSD $ 147,978,033
Net assets / fund balances at end of fiscal yearUSD $ 108,349,446
Net assets / fund balances at beginning of fiscal yearUSD $ 108,641,694
Total liabilities at end of fiscal yearUSD $ 25,121,591
Total liabilities at beginning of fiscal yearUSD $ 29,745,935
Total assets at end of fiscal yearUSD $ 133,471,037
Total assets at beginning of fiscal yearUSD $ 138,387,629
Revenues less expenses for current yearUSD $ -831,040
Revenues less expenses for previous yearUSD $ 1,942,697
Total expenses for current yearUSD $ 88,484,231
Total expenses for previous yearUSD $ 88,006,200
Other expenses in current yearUSD $ 21,809,275
Other expenses in previous yearUSD $ 21,904,134
Total fundraising expenses in current yearUSD $ 135,822
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 50,499,693
Employee salary and benefits paid in previous yearUSD $ 49,723,806
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 16,175,263
Grants and similar amounts paid in previous yearUSD $ 16,378,260
Total revenue in current fiscal yearUSD $ 87,653,191
Total revenue in previous fiscal yearUSD $ 89,948,897
Contributions and grants from current yearUSD $ 1,888,058
Contributions and grants from previous yearUSD $ 6,632,227
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 224,036
2022-07-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 59,314,547
Program Service Revenue from current yearUSD $ 73,188,695
Investment Income from prior yearUSD $ 11,693,866
Investment Income from current yearUSD $ 10,041,417
Other Revenue from prior yearUSD $ 597,902
Other Revenue from current yearUSD $ 86,558
Gross receipts from all sourcesUSD $ 142,379,075
Net assets / fund balances at end of fiscal yearUSD $ 108,641,694
Net assets / fund balances at beginning of fiscal yearUSD $ 123,687,274
Total liabilities at end of fiscal yearUSD $ 29,745,935
Total liabilities at beginning of fiscal yearUSD $ 22,657,871
Total assets at end of fiscal yearUSD $ 138,387,629
Total assets at beginning of fiscal yearUSD $ 146,345,145
Revenues less expenses for current yearUSD $ 1,942,697
Revenues less expenses for previous yearUSD $ 5,434,310
Total expenses for current yearUSD $ 88,006,200
Total expenses for previous yearUSD $ 72,598,140
Other expenses in current yearUSD $ 21,904,134
Other expenses in previous yearUSD $ 20,800,121
Total fundraising expenses in current yearUSD $ 121,903
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 49,723,806
Employee salary and benefits paid in previous yearUSD $ 46,502,258
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 16,378,260
Grants and similar amounts paid in previous yearUSD $ 5,295,761
Total revenue in current fiscal yearUSD $ 89,948,897
Total revenue in previous fiscal yearUSD $ 78,032,450
Contributions and grants from current yearUSD $ 6,632,227
Contributions and grants from previous yearUSD $ 6,426,135
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 65,329
2021-07-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 68,345,969
Program Service Revenue from current yearUSD $ 59,314,547
Investment Income from prior yearUSD $ 9,599,387
Investment Income from current yearUSD $ 11,693,866
Other Revenue from prior yearUSD $ 49,276
Other Revenue from current yearUSD $ 597,902
Gross receipts from all sourcesUSD $ 169,644,044
Net assets / fund balances at end of fiscal yearUSD $ 123,687,274
Net assets / fund balances at beginning of fiscal yearUSD $ 106,977,852
Total liabilities at end of fiscal yearUSD $ 22,657,871
Total liabilities at beginning of fiscal yearUSD $ 26,649,248
Total assets at end of fiscal yearUSD $ 146,345,145
Total assets at beginning of fiscal yearUSD $ 133,627,100
Revenues less expenses for current yearUSD $ 5,434,310
Revenues less expenses for previous yearUSD $ -4,752,294
Total expenses for current yearUSD $ 72,598,140
Total expenses for previous yearUSD $ 86,309,364
Other expenses in current yearUSD $ 20,800,121
Other expenses in previous yearUSD $ 22,791,598
Total fundraising expenses in current yearUSD $ 115,984
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 46,502,258
Employee salary and benefits paid in previous yearUSD $ 53,427,373
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 5,295,761
Grants and similar amounts paid in previous yearUSD $ 10,090,393
Total revenue in current fiscal yearUSD $ 78,032,450
Total revenue in previous fiscal yearUSD $ 81,557,070
Contributions and grants from current yearUSD $ 6,426,135
Contributions and grants from previous yearUSD $ 3,562,438
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 692,374
2020-07-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 66,743,207
Program Service Revenue from current yearUSD $ 68,345,969
Investment Income from prior yearUSD $ 4,273,643
Investment Income from current yearUSD $ 9,599,387
Other Revenue from prior yearUSD $ 162,141
Other Revenue from current yearUSD $ 49,276
Gross receipts from all sourcesUSD $ 210,661,851
Net assets / fund balances at end of fiscal yearUSD $ 106,977,852
Net assets / fund balances at beginning of fiscal yearUSD $ 114,991,362
Total liabilities at end of fiscal yearUSD $ 26,649,248
Total liabilities at beginning of fiscal yearUSD $ 28,661,526
Total assets at end of fiscal yearUSD $ 133,627,100
Total assets at beginning of fiscal yearUSD $ 143,652,888
Revenues less expenses for current yearUSD $ -4,752,294
Revenues less expenses for previous yearUSD $ -4,028,809
Total expenses for current yearUSD $ 86,309,364
Total expenses for previous yearUSD $ 77,835,291
Other expenses in current yearUSD $ 22,791,598
Other expenses in previous yearUSD $ 19,856,323
Total fundraising expenses in current yearUSD $ 116,540
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 34,000
Employee salary and benefits paid in current yearUSD $ 53,427,373
Employee salary and benefits paid in previous yearUSD $ 49,977,024
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 10,090,393
Grants and similar amounts paid in previous yearUSD $ 7,967,944
Total revenue in current fiscal yearUSD $ 81,557,070
Total revenue in previous fiscal yearUSD $ 73,806,482
Contributions and grants from current yearUSD $ 3,562,438
Contributions and grants from previous yearUSD $ 2,627,491
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 45,174
2019-07-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 67,075,971
Program Service Revenue from current yearUSD $ 66,743,207
Investment Income from prior yearUSD $ 8,084,986
Investment Income from current yearUSD $ 4,273,643
Other Revenue from prior yearUSD $ 398,160
Other Revenue from current yearUSD $ 162,141
Gross receipts from all sourcesUSD $ 153,625,792
Net assets / fund balances at end of fiscal yearUSD $ 114,991,362
Net assets / fund balances at beginning of fiscal yearUSD $ 116,129,047
Total liabilities at end of fiscal yearUSD $ 28,661,526
Total liabilities at beginning of fiscal yearUSD $ 29,266,494
Total assets at end of fiscal yearUSD $ 143,652,888
Total assets at beginning of fiscal yearUSD $ 145,395,541
Revenues less expenses for current yearUSD $ -4,028,809
Revenues less expenses for previous yearUSD $ 4,043,416
Total expenses for current yearUSD $ 77,835,291
Total expenses for previous yearUSD $ 73,110,163
Other expenses in current yearUSD $ 19,856,323
Other expenses in previous yearUSD $ 20,856,427
Total fundraising expenses in current yearUSD $ 199,924
Professional fundraising fees from current yearUSD $ 34,000
Professional fundraising fees from previous yearUSD $ 27,140
Employee salary and benefits paid in current yearUSD $ 49,977,024
Employee salary and benefits paid in previous yearUSD $ 45,700,105
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 7,967,944
Grants and similar amounts paid in previous yearUSD $ 6,526,491
Total revenue in current fiscal yearUSD $ 73,806,482
Total revenue in previous fiscal yearUSD $ 77,153,579
Contributions and grants from current yearUSD $ 2,627,491
Contributions and grants from previous yearUSD $ 1,594,462
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 76,053
2018-07-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 67,859,625
Program Service Revenue from current yearUSD $ 67,075,971
Investment Income from prior yearUSD $ 5,629,300
Investment Income from current yearUSD $ 8,084,986
Other Revenue from prior yearUSD $ 156,433
Other Revenue from current yearUSD $ 398,160
Gross receipts from all sourcesUSD $ 174,767,083
Net assets / fund balances at end of fiscal yearUSD $ 116,129,047
Net assets / fund balances at beginning of fiscal yearUSD $ 113,740,540
Total liabilities at end of fiscal yearUSD $ 29,266,494
Total liabilities at beginning of fiscal yearUSD $ 29,912,765
Total assets at end of fiscal yearUSD $ 145,395,541
Total assets at beginning of fiscal yearUSD $ 143,653,305
Revenues less expenses for current yearUSD $ 4,043,416
Revenues less expenses for previous yearUSD $ 2,512,076
Total expenses for current yearUSD $ 73,110,163
Total expenses for previous yearUSD $ 72,527,632
Other expenses in current yearUSD $ 20,856,427
Other expenses in previous yearUSD $ 18,973,907
Total fundraising expenses in current yearUSD $ 907,809
Professional fundraising fees from current yearUSD $ 27,140
Professional fundraising fees from previous yearUSD $ 31,954
Employee salary and benefits paid in current yearUSD $ 45,700,105
Employee salary and benefits paid in previous yearUSD $ 46,915,551
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 6,526,491
Grants and similar amounts paid in previous yearUSD $ 6,606,220
Total revenue in current fiscal yearUSD $ 77,153,579
Total revenue in previous fiscal yearUSD $ 75,039,708
Contributions and grants from current yearUSD $ 1,594,462
Contributions and grants from previous yearUSD $ 1,394,350
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 119,050
2017-07-31
Total unrelated business incomeUSD $ 5,446
Net unrelated business incomeUSD $ -118
Program Service Revenue from prior yearUSD $ 76,008,097
Program Service Revenue from current yearUSD $ 67,859,625
Investment Income from prior yearUSD $ 1,214,752
Investment Income from current yearUSD $ 5,629,300
Other Revenue from prior yearUSD $ 106,214
Other Revenue from current yearUSD $ 156,433
Gross receipts from all sourcesUSD $ 180,857,535
Net assets / fund balances at end of fiscal yearUSD $ 113,740,540
Net assets / fund balances at beginning of fiscal yearUSD $ 107,764,363
Total liabilities at end of fiscal yearUSD $ 29,912,765
Total liabilities at beginning of fiscal yearUSD $ 31,168,577
Total assets at end of fiscal yearUSD $ 143,653,305
Total assets at beginning of fiscal yearUSD $ 138,932,940
Revenues less expenses for current yearUSD $ 2,512,076
Revenues less expenses for previous yearUSD $ -5,443,889
Total expenses for current yearUSD $ 72,527,632
Total expenses for previous yearUSD $ 84,518,956
Other expenses in current yearUSD $ 18,973,907
Other expenses in previous yearUSD $ 24,407,949
Total fundraising expenses in current yearUSD $ 1,529,759
Professional fundraising fees from current yearUSD $ 31,954
Professional fundraising fees from previous yearUSD $ 27,673
Employee salary and benefits paid in current yearUSD $ 46,915,551
Employee salary and benefits paid in previous yearUSD $ 52,858,138
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 6,606,220
Grants and similar amounts paid in previous yearUSD $ 7,225,196
Total revenue in current fiscal yearUSD $ 75,039,708
Total revenue in previous fiscal yearUSD $ 79,075,067
Contributions and grants from current yearUSD $ 1,394,350
Contributions and grants from previous yearUSD $ 1,746,004
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 107,396
2015-07-31
Total unrelated business incomeUSD $ -11,347
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 63,686,407
Program Service Revenue from current yearUSD $ 79,590,771
Investment Income from prior yearUSD $ 14,785,783
Investment Income from current yearUSD $ 7,355,431
Other Revenue from prior yearUSD $ 530,658
Other Revenue from current yearUSD $ 11,636
Gross receipts from all sourcesUSD $ 155,842,591
Net assets / fund balances at end of fiscal yearUSD $ 110,084,775
Net assets / fund balances at beginning of fiscal yearUSD $ 110,085,160
Total liabilities at end of fiscal yearUSD $ 22,291,422
Total liabilities at beginning of fiscal yearUSD $ 18,920,685
Total assets at end of fiscal yearUSD $ 132,376,197
Total assets at beginning of fiscal yearUSD $ 129,005,845
Revenues less expenses for current yearUSD $ 2,290,695
Revenues less expenses for previous yearUSD $ 11,034,044
Total expenses for current yearUSD $ 87,344,086
Total expenses for previous yearUSD $ 69,773,359
Other expenses in current yearUSD $ 26,989,418
Other expenses in previous yearUSD $ 23,047,913
Total fundraising expenses in current yearUSD $ 1,724,905
Professional fundraising fees from current yearUSD $ 32,441
Professional fundraising fees from previous yearUSD $ 32,709
Employee salary and benefits paid in current yearUSD $ 51,830,660
Employee salary and benefits paid in previous yearUSD $ 45,127,262
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 8,491,567
Grants and similar amounts paid in previous yearUSD $ 1,565,475
Total revenue in current fiscal yearUSD $ 89,634,781
Total revenue in previous fiscal yearUSD $ 80,807,403
Contributions and grants from current yearUSD $ 2,676,943
Contributions and grants from previous yearUSD $ 1,804,555
Revenue from membership duesUSD $ 0
Total of other revenueUSD $ 22,983

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 310707369

USA Mailing Address
201 SOUTH GRANT AVENUE
COLUMBUS
OH
43215
Date first seen: 2007-01-01
Date last seen: 2026-01-08
USA Mailing Address
579 COLLEGE WAY
URBANA
OH
43078
Date first seen: 2007-01-01
Date last seen: 2025-10-31
USA Location Address
579 COLLEGE WAY
URBANA
OH
43078
Date first seen: 2007-01-01
Date last seen: 2025-10-31
USA Mailing Address
201 South Grant Avenue
Columbus
OH
432155399
Date first seen: 2014-06-12
Date last seen: 2025-06-09
401k Sponsor USA Address
579 COLLEGE WAY
URBANA
OH
43078
Date first seen: 2007-01-01
Date last seen: 2025-10-31

The following addresses have been found in other jurisdictions:

Jurisdiction:Iowa Secretary of State Business Entities
Address:
201 S GRANT AVE
COLUMBUS
43215
Jurisdiction Company ID:421910
Jurisdiction Registration Date:2011-08-22
Jurisdiction:Wyoming Corporations Division
Address:
201 S Grant Ave
Columbus
OH
43215
Jurisdiction Company ID:2011-000613162
Jurisdiction Registration Date:2011-12-16
Jurisdiction:Alabama Secretary of State
Address:
201 SOUTH GRANT AVENUE COLUMBUS, OH 43215
Jurisdiction Company ID:031-212
Jurisdiction Registration Date:
Jurisdiction:Alabama Secretary of State
Address:
201 SOUTH GRANT AVENUE COLUMBUS, OH 43215
Jurisdiction Company ID:031-212
Jurisdiction Registration Date:
Jurisdiction:Alabama Secretary of State
Address:
2 NORTH JACKSON STREET STE 605 MONTGOMERY, AL 36104
Jurisdiction Company ID:031-212
Jurisdiction Registration Date:
Jurisdiction:Alabama Secretary of State
Address:
2 NORTH JACKSON STREET STE 605 MONTGOMERY, AL 36104
Jurisdiction Company ID:031-212
Jurisdiction Registration Date:

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

EIN Change Events for FRANKLIN UNIVERSITY

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