The Education Resources Institute Inc

EIN 04-2875329 • 501(c)3

31 Saint James Avenue Suite 95002116

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

1.00x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2012

1.03x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2012

-257%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2012

No value available

No filing with officer rows is available for this organization yet.

-77%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Balance Sheet

Liabilities / Assets93rd percentile

Assets

Down

$2,833,211

Down $9,612,240 (-77%) from 2011

Liabilities

$2,833,211

Up $1,246,283 (+79%) from 2011

Net Assets

Down

Down $10,858,523 (-100%) from 2011

Operations

Liabilities / Revenue88th percentile Net Margin1st percentile

Revenue

$2,757,136

No earlier filing loaded for comparison.

Expenses

Down

$9,837,204

Down $14,598,070 (-60%) from 2011

Net Income

-$7,080,068

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2012

Assets$2,833,211

Liabilities$2,833,211

Net Assets$0

Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2012

Revenue$2,757,136

Expenses$9,837,204

Net Income-$7,080,068

Open 2012 Filing

Filings

Most recent year

2012 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $2,833,211
Liabilities: $2,833,211
Net assets: $0
Revenue: $2,757,136
Expenses: $9,837,204
Net income: -$7,080,068

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2012Summary only. Only limited summary data is available for this year.	$2.83	$2.83	$0.00	$2.76	$9.84	$7.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$12.4	$1.59	$10.9		$24.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$678	$690	$11.4		$25.8

Latest Detailed Filing

The latest 2012 filing currently has summary financial data only. Showing the latest detailed filing from 2011 below.

Jump To

Filing Snapshot

Filing Period: Jul 1, 2010 to Jun 30, 2011
Signed: Feb 13, 2012
Return Version: 2010v3.4
Gross Receipts: $48,148,236

Mission and Program Overview

Major Activities

Activity 2: Education Finance Program: TERI's education finance program provided guarantees on private student loans. These loan guarantees enabled students with little or no credit history to obtain loans to help close the gap between education costs and other resources such as financial aid, savings and family support. Through these loan guarantees, TERI brought together lenders, schools, students and families to make available low-cost, high quality financing for post-secondary education.
Activity 3: TERI provides Collection Management Services to banks and the Plan Trust, established in concert with TERI's emergence from Chapter 11 Bankruptcy in November 2011. Services include the outsourcing and management of delinquent (prior to charge-off) private student loans to third party collection agencies. TERI's fee income is contingent and based on the number of loans prevented from defaulting or the dollar amount collected after charge-off.

Filing and Contact Details

Filer

EIN: 04-2875329

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpenses/Fundraising	3	7550
IRS990/OtherExpenses/ManagementAndGeneral	0	0
IRS990/OtherExpenses/ManagementAndGeneral	1	0
IRS990/OtherExpenses/ManagementAndGeneral	2	0
IRS990/OtherExpenses/ManagementAndGeneral	3	-106001
IRS990/OtherExpenses/ProgramServices	0	-78606
IRS990/OtherExpenses/ProgramServices	1	47366
IRS990/OtherExpenses/ProgramServices	2	62657
IRS990/OtherExpenses/ProgramServices	3	182097
IRS990/OtherExpenses/Total	0	-78606
IRS990/OtherExpenses/Total	1	47366
IRS990/OtherExpenses/Total	2	62657
IRS990/OtherExpenses/Total	3	83646
IRS990/OtherLiabilities/BOY	0	649629238
IRS990/OtherLiabilities/EOY	0	0
IRS990/OtherNotesLoansReceivableNet/BOY	0	228328529
IRS990/OtherNotesLoansReceivableNet/EOY	0	1063662
IRS990/OtherRevenueCurrentYear	0	42161768
IRS990/OtherRevenueMisc/BusinessCode	0	900099
IRS990/OtherRevenueMisc/Description	0	Gain: Chapter 11 Settlement
IRS990/OtherRevenueMisc/ExclusionAmount	0	0
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome	0	42161768
IRS990/OtherRevenueMisc/TotalRevenueColumn	0	42161768
IRS990/OtherRevenueMisc/UnrelatedBusinessRevenue	0	0
IRS990/OtherRevenuePriorYear	0	0
IRS990/OtherSalariesAndWages/ManagementAndGeneral	0	0
IRS990/OtherSalariesAndWages/ProgramServices	0	0
IRS990/OtherSalariesAndWages/Total	0	0
IRS990/PartialLiquidation	0	1
IRS990/PayrollTaxes/Fundraising	0	1852
IRS990/PayrollTaxes/ManagementAndGeneral	0	94849
IRS990/PayrollTaxes/ProgramServices	0	184817
IRS990/PayrollTaxes/Total	0	281518
IRS990/PensionPlanContributions/Fundraising	0	4134
IRS990/PensionPlanContributions/ManagementAndGeneral	0	224251
IRS990/PensionPlanContributions/ProgramServices	0	294252
IRS990/PensionPlanContributions/Total	0	522637
IRS990/PermanentlyRestrictedNetAssets/BOY	0	2000000
IRS990/PermanentlyRestrictedNetAssets/EOY	0	2000000
IRS990/PledgesAndGrantsReceivable/BOY	0	149584
IRS990/PledgesAndGrantsReceivable/EOY	0	193224
IRS990/PoliticalActivities	0	0
IRS990/PrepaidExpensesDeferredCharges/BOY	0	177800
IRS990/PrepaidExpensesDeferredCharges/EOY	0	281303
IRS990/PriorExcessBenefitTransaction	0	0
IRS990/ProfessionalFundraising	0	0
IRS990/ProgramServiceRevenue/BusinessCode	0	900099
IRS990/ProgramServiceRevenue/BusinessCode	1	900099
IRS990/ProgramServiceRevenue/BusinessCode	2	900099
IRS990/ProgramServiceRevenue/BusinessCode	3	900099
IRS990/ProgramServiceRevenue/BusinessCode	4	900099
IRS990/ProgramServiceRevenueCY	0	2829895
IRS990/ProgramServiceRevenue/Description	0	Guarantee Fees
IRS990/ProgramServiceRevenue/Description	1	Program Service Revenue
IRS990/ProgramServiceRevenue/Description	2	Interest: Student Loans
IRS990/ProgramServiceRevenue/Description	3	Collection Management Fees
IRS990/ProgramServiceRevenue/Description	4	Residual Sale & Other
IRS990/ProgramServiceRevenue/ExclusionAmount	0	0
IRS990/ProgramServiceRevenue/ExclusionAmount	1	0
IRS990/ProgramServiceRevenue/ExclusionAmount	2	0
IRS990/ProgramServiceRevenue/ExclusionAmount	3	0

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