Nonprofit · EIN 23-7075717
FRANKLIN SWITZERLAND INC
Tax-exempt · NEW YORK, NY 10174
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $26,049,944 | $25,387,023 | $662,921 | $64,024,431 | $51,053,206 | $12,971,225 |
| June 30, 2024 | 990 | $27,452,210 | $26,830,699 | $621,511 | $59,069,837 | $46,761,533 | $12,308,304 |
| June 30, 2023 | 990 | $26,231,969 | $25,492,494 | $739,475 | $58,082,755 | $46,395,962 | $11,686,793 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $871,677
- Program service revenue
- $24,283,476
- Investment income
- $440,703
- Net rental income
- $95,265
- Net income from sales of inventory
- -$23,681
- Other revenue
- $454,088
Expenses
- Grants and similar amounts paid
- $6,990,796
- Compensation of officers, directors and key employees
- $1,171,979
- Other salaries and wages
- $6,776,194
- Salaries, compensation and benefits (total)
- $8,996,005
- Professional fundraising fees
- $0
- Legal fees
- $150,586
- Accounting fees
- $203,348
- Depreciation
- $1,992,306
- Program services (functional)
- $14,476,689
- Management and general (functional)
- $10,349,685
- Fundraising (functional)
- $560,649
Balance sheet and other
- Total assets, start of year
- $59,069,837
- Total assets, end of year
- $64,024,431
- Total liabilities, end of year
- $51,053,206
- Net assets, end of year
- $12,971,225
- Land, buildings and equipment
- $55,340,639
- Net assets without donor restrictions
- $6,718,182
- Net assets with donor restrictions
- $6,253,043
- Gross receipts
- $26,103,141
- Employees
- 7
- Year formed
- 1970
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| totals | – | 0 | $1,171,979 |
| CHRISTOPH EBELL | Trustee Trustee or director | 0 | $0 |
| JOE SARNO | Trustee Trustee or director | 0 | $0 |
| DENISE H ALFELD | Trustee Trustee or director | 0 | $0 |
| LAURENT BELET | Trustee Trustee or director | 0 | $0 |
| JENNIFER H BERG | Trustee Trustee or director | 0 | $0 |
| LUSYD E DOOLITTLE | Trustee Trustee or director | 0 | $0 |
| STANLEY M ELLIS | Trustee Trustee or director | 0 | $0 |
| LUCIUS L FOWLER | Trustee Trustee or director | 0 | $0 |
| DEIRDRE KINNEY-BRENNAN | Trustee Trustee or director | 0 | $0 |
| PAUL C LOWERRE | Chairman Trustee or director | 0 | $0 |
| KEVIN W MCNEELY | Trustee Trustee or director | 0 | $0 |
| PHILIP RENAUD | Trustee Trustee or director | 0 | $0 |
| CHRISTOPHER SCHOLZ | Trustee Trustee or director | 0 | $0 |
| AUSTIN TOMLINSON | Trustee Trustee or director | 0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PASCAL F TONE | Trustee Trustee or director | 0 | $0 |
| JAY TUCKER | Trustee Trustee or director | 0 | $0 |
| CABELL GOOLSBY WEST | Trustee Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| totals | – | 0 | $1,341,213 |
| DR FULVIO PELLI | Trustee Trustee or director | 1 | $0 |
| DENISE H ALFELD | Trustee Trustee or director | 0 | $0 |
| LAURENT BELET | Trustee Trustee or director | 0 | $0 |
| JENNIFER H BERG | Trustee Trustee or director | 0 | $0 |
| LUSYD E DOOLITTLE | Trustee Trustee or director | 0 | $0 |
| STANLEY M ELLIS | Trustee Trustee or director | 0 | $0 |
| LUCIUS L FOWLER | Trustee Trustee or director | 0 | $0 |
| DEIRDRE KINNEY-BRENNAN | Trustee Trustee or director | 0 | $0 |
| PAUL C LOWERRE | Chairman Trustee or director | 0 | $0 |
| KEVIN W MCNEELY | Trustee Trustee or director | 0 | $0 |
| DR JEFFREY REIMER | Trustee Trustee or director | 0 | $0 |
| PHILIP RENAUD | Trustee Trustee or director | 0 | $0 |
| CHRISTOPHER SCHOLZ | Trustee Trustee or director | 0 | $0 |
| AUSTIN TOMLINSON | Trustee Trustee or director | 0 | $0 |
| PASCAL F TONE | Trustee Trustee or director | 0 | $0 |
| JAY TUCKER | Trustee Trustee or director | 0 | $0 |
| CABELL GOOLSBY WEST | Trustee Trustee or director | 0 | $0 |
990 for the year ended June 30, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| totals | – | 0 | $1,009,418 |
| KIM HILDEBRANT | Chairman Trustee or director | 0 | $0 |
| DR FULVIO PELLI | Trustee Trustee or director | 1 | $0 |
| DENISE H ALFELD | Trustee Trustee or director | 0 | $0 |
| LAURENT BELET | Trustee Trustee or director | 0 | $0 |
| JENNIFER H BERG | Trustee Trustee or director | 0 | $0 |
| LUSYD E DOOLITTLE | Trustee Trustee or director | 0 | $0 |
| STANLEY M ELLIS | Trustee Trustee or director | 0 | $0 |
| LUCIUS L FOWLER | Trustee Trustee or director | 0 | $0 |
| DEIRDRE KINNEY-BRENNAN | Trustee Trustee or director | 0 | $0 |
| PAUL C LOWERRE | Trustee Trustee or director | 0 | $0 |
| KEVIN W MCNEELY | Trustee Trustee or director | 0 | $0 |
| DR JEFFREY REIMER | Trustee Trustee or director | 0 | $0 |
| PHILIP RENAUD | Trustee Trustee or director | 0 | $0 |
| CHRISTOPHER SCHOLZ | Trustee Trustee or director | 0 | $0 |
| AUSTIN TOMLINSON | Trustee Trustee or director | 0 | $0 |
| PASCAL F TONE | Trustee Trustee or director | 0 | $0 |
| JAY TUCKER | Trustee Trustee or director | 0 | $0 |
| CABELL GOOLSBY WEST | Trustee Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 405 LEXINGTON AVE 26TH FLOOR, NEW YORK, NY 10174-2699
- Principal officer (990 for 2024)
- PAUL C LOWERRE, 405 LEXINGTON AVENUE 26TH FL, NEW YORK, NY 10174
- Signed the 990
- PAUL C LOWERRE, Chairman
- Phone
- (212) 922-9650
- Website
- WWW.FUS.EDU
- Return prepared by
- PALMETTO MOLLO MOLINARO & PASSARELLO LLP
Mission
FRANKLIN SWITZERLAND, INC. IS A NONPROFIT ORGANIZATION WHOSE OBJECTIVE IS TO PROVIDE AN EDUCATION ON AN INTERNATIONAL BASIS.
Program accomplishments
- OPERATIONS OF AN ACCREDITED UNIVERSITY WITH AN AVERAGE ENROLLENT OF 378 UNDERGRADUATE STUDENTS AND 0 GRADUATE STUDENTS.Expenses $14,476,689 · grants $6,990,797 · revenue $454,085
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7075717
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1971
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B42Z)
- Assets (IRS master file)
- $64,024,431
- Income (IRS master file)
- $26,103,141
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $26,049,944 | $25,387,023 | $64,024,431 | XML |
| 990 | June 2024 | $27,452,210 | $26,830,699 | $59,069,837 | XML |
| 990 | June 2023 | $26,231,969 | $25,492,494 | $58,082,755 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7075717).
Questions about FRANKLIN SWITZERLAND INC
- What is the EIN of FRANKLIN SWITZERLAND INC?
- The employer identification number (EIN) of FRANKLIN SWITZERLAND INC is 23-7075717.
- Is FRANKLIN SWITZERLAND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to FRANKLIN SWITZERLAND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRANKLIN SWITZERLAND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FRANKLIN SWITZERLAND INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRANKLIN SWITZERLAND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FRANKLIN SWITZERLAND INC?
- The 990 for the year ended June 30, 2025 names PAUL C LOWERRE.
- Who are the officers and directors of FRANKLIN SWITZERLAND INC?
- The 990 for the year ended June 30, 2025 lists 18 people; 1 received compensation from the organization, the highest $1,171,979 (totals).
- How much revenue does FRANKLIN SWITZERLAND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $26,049,944, expenses of $25,387,023 and total assets of $64,024,431 at year end.
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