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Franklin College empowers students through an experiential education, grounded in the liberal arts and sciences, promoting impactful careers and meaningful lives.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$53.5M
Program Spending
90%
of total expenses go to program services
Total Contributions
$7.8M
Total Expenses
▼$52.9M
Total Assets
$154.5M
Total Liabilities
▼$30M
Net Assets
$124.4M
Officer Compensation
→$1.3M
Other Salaries
$11.4M
Investment Income
$5.3M
Fundraising
▼$0
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$6M
Awards Found
5
Department of Education
$2.9M
CARES ACT INSTITUTIONAL PORTION OF THE HIGHER EDUCATION EMERGENCY RELIEF FUND
Department of Health and Human Services
$291.6K
CREATING A COMMUNITY OF CARE - SUMMARY. FRANKLIN COLLEGE, CHALLENGED BY THE VOLUME AND SEVERITY OF MENTAL HEALTH NEEDS FROM ITS STUDENTS, AND SPECIFICALLY FIRST-GENERATION STUDENTS, LGBTQI+ STUDENTS, AND STUDENTS OF COLOR, WILL IMPLEMENT THE CREATING A COMMUNITY OF CARE (C3) PROJECT TO PURSUE A COMPREHENSIVE PUBLIC HEALTH APPROACH, UTILIZE EVIDENCE-BASED PRACTICES, AND ADDRESS SERIOUS MENTAL ILLNESS, SUBSTANCE USE DISORDERS, AND SUICIDE IDEATION. POPULATION SERVED. FRANKLIN COLLEGE STUDENTS, FACULTY, AND STAFF WILL BE SERVED BY THIS PROJECT. OF FRANKLIN’S 959 STUDENTS, 24% ARE FIRST-GENERATION, 9% ARE STUDENTS OF COLOR, AND 4% IDENTIFY AS LGBTQI+. FOR STUDENTS ACCESSING ON-CAMPUS COUNSELING, ANXIETY (81%), DEPRESSION (65%), SUICIDAL THOUGHTS (15%), AND SUBSTANCE USE (6%) WERE REASONS TO SEEK CARE. A SUBSTANTIAL NUMBER OF STUDENTS (N=58) REPORTED A PAST SUICIDE ATTEMPT. STRATEGIES/INTERVENTIONS. CREATE A NETWORK INFRASTRUCTURE; DEVELOP A PLAN TO SEEK INPUT FROM RELEVANT COMMUNITY STAKEHOLDERS TO IMPLEMENT THE PROGRAM; ADMINISTER VOLUNTARY MENTAL HEALTH AND SUBSTANCE USE DISORDER SCREENINGS AND ASSESSMENTS AND PROVIDE INFORMATION AND REFERRAL SERVICES, AS APPROPRIATE; TRAIN STUDENTS, FACULTY, AND STAFF TO IDENTIFY, RESPOND EFFECTIVELY, AND MAKE APPROPRIATE REFERRALS; PROMOTE 24/7 CRISIS SERVICES THROUGH LOCAL SERVICES AND 988; PROVIDE OUTREACH SERVICES ABOUT MENTAL HEALTH AND SUBSTANCE USE DISORDER RESOURCES AND SERVICES, INCLUDING RECOVERY SERVICES; DISSEMINATE INFORMATIONAL MATERIALS TO STUDENTS, FAMILIES, FACULTY, AND STAFF TO INCREASE AWARENESS ABOUT SUICIDE, SUICIDE PREVENTION, MENTAL HEALTH PROMOTION, SUBSTANCE MISUSE PREVENTION, AND MENTAL AND SUBSTANCE USE DISORDERS, AND PROMOTE RESILIENCY; DEVELOP AND IMPLEMENT EDUCATIONAL SEMINARS FOR STUDENTS TO ENHANCE LIFE SKILLS AND RESILIENCE, AND PROMOTE SOCIAL CONNECTEDNESS IN ALIGNMENT WITH CAMPUS INITIATIVES; IMPLEMENT STRATEGIES TO REDUCE ACCESS TO LETHAL MEANS AMONG STUDENTS WITH IDENTIFIED SUICIDE RISK; AND CONDUCT AN ASSESSMENT OF THE MENTAL HEALTH AND SUBSTANCE USE DISORDER NEEDS OF STUDENTS. PROJECT GOALS AND OBJECTIVES. GOAL 1. TO ENHANCE BEHAVIORAL HEALTH SERVICES AND CAMPUS RESPONSES FOR ALL FRANKLIN STUDENTS. OBJECTIVE 1.1. INTEGRATE TELEHEALTH CARE WITHIN THE FRANKLIN COLLEGE COUNSELING CENTER. OBJECTIVE 1.2. BUILD A NEW BEHAVIORAL HEALTH INTERVENTION TEAM THAT WILL (1) SEEK INPUT FROM COMMUNITY STAKEHOLDERS, (2) REVIEW AND STRENGTHEN CASE IDENTIFICATION AND REVIEW, AS WELL AS POSTVENTION RESPONSE, AND (3) INCREASE COMMUNITY MENTAL HEALTH PROVIDER REFERRAL LISTS. GOAL 2. TO INCREASE FRANKLIN’S ABILITY TO RESPOND EFFECTIVELY AND PREVENT AND REDUCE SUICIDE. OBJECTIVE 2.1. ASSESS STUDENTS THROUGH APPROPRIATE DIAGNOSTIC SCREENS AND A HEALTH BEHAVIOR SURVEY. OBJECTIVE 2.2. REDUCE ACCESS TO LETHAL MEANS AND IMPLEMENT POPULATION-SPECIFIC STRATEGIES TO INCREASE ACCESS TO HELPLINES. OBJECTIVE 2.3. TRAIN ON IDENTIFICATION, EFFECTIVE RESPONSE, AND APPROPRIATE REFERRALS FOR STUDENTS EXPERIENCING SERIOUS MENTAL ILLNESS AND SUBSTANCE USE DISORDER, DISTRESS, OR CRISIS, OR WHO ARE AT RISK OF SUICIDE THROUGH QPR AND MENTAL HEALTH FIRST AID TRAININGS. GOAL 3. TO BOLSTER TARGETED AND EFFECTIVE EDUCATION AND OUTREACH EFFORTS TO PREVENT AND REDUCE SERIOUS MENTAL ILLNESS, SUBSTANCE USE DISORDER, AND SUICIDE RISK; REDUCE STIGMA; AND INCREASE HELP-SEEKING BEHAVIORS IN STUDENTS. OBJECTIVE 3.1. IMPLEMENT OUTREACH EVENTS AND EDUCATIONAL SEMINARS WITHIN FIRST-GENERATION STUDENTS, LGBTQI+ STUDENTS, AND STUDENTS OF COLOR SPACES. OBJECTIVE 3.2. DISSEMINATE INFORMATIONAL MATERIALS TO STUDENTS, FAMILIES, FACULTY, AND STAFF TO INCREASE AWARENESS ABOUT SUICIDALITY AND PREVENTION, MENTAL HEALTH PROMOTION, SUBSTANCE MISUSE PREVENTION, SERIOUS MENTAL ILLNESS, AND SUBSTANCE USE DISORDERS, AND PROMOTE RESILIENCY. OBJECTIVE 3.3. ADMINISTER VOLUNTEER SCREENINGS WHILE SUPPLEMENTING SCREENINGS WITH INFORMATION ON LOW-BARRIER SERVICES. NUMBER OF PEOPLE TO BE SERVED. YEAR 1: 800; YEAR 2: 850; YEAR 3: 850; LIFETIME OF THE PROJECT: 1,370.
Department of Education
$272.4K
FRANKLIN COLLEGE ED TRIO STUDENT SUPPORT SERVICES
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
10
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $10.3M | Yes | 2026-02-18 |
| 2024 | Clean | Unmodified (Clean) | $10.5M | Yes | 2025-01-04 |
| 2023 | Clean | Unmodified (Clean) | $11M | Yes | 2023-12-18 |
| 2022 | Clean | Unmodified (Clean) | $13.2M | Yes | 2022-12-04 |
| 2021 | Clean | Unmodified (Clean) | $16.7M | Yes | 2022-01-11 |
| 2020 | Clean | Unmodified (Clean) | $12.8M | Yes | 2021-01-04 |
| 2019 | Clean | Unmodified (Clean) | $12.6M | Yes | 2019-11-19 |
| 2018 | Clean | Unmodified (Clean) | $12.5M | Yes | 2018-10-21 |
| 2017 | Clean | Unmodified (Clean) | $12.7M | Yes | 2017-11-14 |
| 2016 | Clean | Unmodified (Clean) | $13.1M | Yes | 2016-10-27 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$10.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$10.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$11M
Financial Report
Unmodified (Clean)
Federal Expenditure
$13.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$16.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$12.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$12.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$12.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$12.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$13.1M
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $53.5M | $7.8M | $52.9M | $154.5M | $124.4M |
| 2022 | $51.3M | $6.3M | $50.6M | $144.7M | $117.2M |
| 2021 | $64.9M | $10.3M | $49.9M | $160.8M | $134.4M |
| 2020 | $38.7M | $2.7M | $47.5M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Kerry Prather | President | 40 | $345K | $0 | $59.8K | $404.7K |
| Dana Cummings | Vice President Development And Alumni Engagement (until March 2024) | 40 | $166.1K | $0 | $40.3K | $206.4K |
| Andrew Hendricks | VP Of Enrollment & Marketing | 40 | $173.7K | $0 | $32.7K | $206.4K |
| Kevin Honigford | Vice President And Chief Financial Officer | 40 | $158.2K | $0 | $29K | $187.2K |
| Andrew Jones | Vice President For Student Development & Dean Of Students | 40 | $137.5K | $0 | $38K | $175.5K |
| Kristin Flora | Vice President For Academic Affairs & Dean Of The College | 40 | $151.2K | $0 | $23.8K | $175K |
| Sean Thomasson | Vice Chair | 2 | $0 | $0 | $0 | $0 |
| Susan Devoss | Secretary | 2 | $0 | $0 | $0 | $0 |
| Susan Williams | Vice Chair | 2 | $0 | $0 | $0 | $0 |
| Theressa Wright | Vice Chair | 2 | $0 | $0 | $0 | $0 |
| Todd Bemis | Vice Chair | 2 | $0 | $0 | $0 | $0 |
| Worthe Holt Jr | Vice Chair | 2 | $0 | $0 | $0 | $0 |
| Cathy Dunn | Vice Chair | 2 | $0 | $0 | $0 | $0 |
| David Dunkle | Vice Chair | 2 | $0 | $0 | $0 | $0 |
| Deana Haworth | Vice Chair | 2 | $0 | $0 | $0 | $0 |
| James Napolitan | Treasurer | 2 | $0 | $0 | $0 | $0 |
| John Auld Jr | Vice Chair | 2 | $0 | $0 | $0 | $0 |
| Peter Cangany | Chair Of The Board | 2 | $0 | $0 | $0 | $0 |
| Robert Devoss | Vice Chair | 2 | $0 | $0 | $0 | $0 |
Kerry Prather
President
$404.7K
Hrs/Wk
40
Compensation
$345K
Related Orgs
$0
Other
$59.8K
Dana Cummings
Vice President Development And Alumni Engagement (until March 2024)
$206.4K
Hrs/Wk
40
Compensation
$166.1K
Related Orgs
$0
Other
$40.3K
Andrew Hendricks
VP Of Enrollment & Marketing
$206.4K
Hrs/Wk
40
Compensation
$173.7K
Related Orgs
$0
Other
$32.7K
Kevin Honigford
Vice President And Chief Financial Officer
$187.2K
Hrs/Wk
40
Compensation
$158.2K
Related Orgs
$0
Other
$29K
Andrew Jones
Vice President For Student Development & Dean Of Students
$175.5K
Hrs/Wk
40
Compensation
$137.5K
Related Orgs
$0
Other
$38K
Kristin Flora
Vice President For Academic Affairs & Dean Of The College
$175K
Hrs/Wk
40
Compensation
$151.2K
Related Orgs
$0
Other
$23.8K
Sean Thomasson
Vice Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Susan Devoss
Secretary
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Susan Williams
Vice Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Theressa Wright
Vice Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Todd Bemis
Vice Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Worthe Holt Jr
Vice Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Cathy Dunn
Vice Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
David Dunkle
Vice Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Deana Haworth
Vice Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
James Napolitan
Treasurer
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
John Auld Jr
Vice Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Peter Cangany
Chair Of The Board
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Robert Devoss
Vice Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Jasmina Cheeseman | Program Director & Assistant Professor | 40 | $137.7K | $0 | $17.3K | $155K |
Jasmina Cheeseman
Program Director & Assistant Professor
$155K
Hrs/Wk
40
Compensation
$137.7K
Related Orgs
$0
Other
$17.3K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Amber Elwood | Trustee | 2 | $0 | $0 | $0 | $0 |
| Bill Cox | Trustee | 2 | $0 | $0 | $0 | $0 |
| Billie Dragoo | Trustee | 2 | $0 | $0 | $0 | $0 |
| Brad Rateike | Trustee (beg Dec 2024) | 2 | $0 | $0 | $0 | $0 |
| Daniel Hann | Trustee | 2 | $0 | $0 | $0 | $0 |
| David Byers | Trustee | 2 |
Amber Elwood
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Bill Cox
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Billie Dragoo
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Brad Rateike
| $142.1M |
| $111.8M |
| 2019 | $43.1M | $4.3M | $46M | $147.4M | $121.5M |
| 2018 | $44.7M | $3.4M | $44.2M | $148.2M | $124.7M |
| 2017 | $41.3M | $3.1M | $43.1M | $146.8M | $122.9M |
| 2016 | $39.9M | $2.4M | $44.1M | $133.8M | $120.1M |
| 2015 | $41.3M | $3.5M | $43.3M | $140.9M | $125.9M |
| 2014 | $40.4M | $3.8M | $40.9M | $145.3M | $129.7M |
| 2013 | $39.9M | $3.2M | $40.6M | $141.3M | $123.6M |
| 2012 | $42.8M | $9.1M | $39.7M | $139.6M | $121.8M |
| 2011 | $38.3M | $5.1M | $39M | $140.9M | $121.3M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| $0 |
| $0 |
| $0 |
| $0 |
| David Wantz | Trustee | 2 | $0 | $0 | $0 | $0 |
| Devin Anderson | Trustee | 2 | $0 | $0 | $0 | $0 |
| Illene Roggensack | Trustee (beg May 2024) | 2 | $0 | $0 | $0 | $0 |
| James Due | Trustee | 2 | $0 | $0 | $0 | $0 |
| John Talley | Trustee | 2 | $0 | $0 | $0 | $0 |
| Jon Almeras | Trustee | 2 | $0 | $0 | $0 | $0 |
| Julie Gilmore | Trustee | 2 | $0 | $0 | $0 | $0 |
| Katharine Kruse | Trustee | 2 | $0 | $0 | $0 | $0 |
| Kevin Crowe | Trustee | 2 | $0 | $0 | $0 | $0 |
| Kristin Stpierre | Trustee | 2 | $0 | $0 | $0 | $0 |
| Rafael Sanchez Jr | Trustee | 2 | $0 | $0 | $0 | $0 |
| Randy Stocklin | Trustee (until February 2024) | 2 | $0 | $0 | $0 | $0 |
| Robert Brown | Trustee | 2 | $0 | $0 | $0 | $0 |
| Ron Bowsher | Trustee | 2 | $0 | $0 | $0 | $0 |
| Yolanda White | Trustee | 2 | $0 | $0 | $0 | $0 |
Trustee (beg Dec 2024)
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Daniel Hann
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
David Byers
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
David Wantz
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Devin Anderson
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Illene Roggensack
Trustee (beg May 2024)
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
James Due
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
John Talley
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Jon Almeras
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Julie Gilmore
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Katharine Kruse
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Kevin Crowe
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Kristin Stpierre
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Rafael Sanchez Jr
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Randy Stocklin
Trustee (until February 2024)
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Robert Brown
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Ron Bowsher
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Yolanda White
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0