Civic Intelligence

The Education Resources Institute Inc

990 • Fiscal year 2011 • EIN 04-2875329

Jul 01, 2010 to Jun 30, 2011 • Filed on Feb 13, 2012

Organization Profile

View Organization Page

31 Saint James Avenue Suite 95002116
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

30th percentile

0.13x

Higher debt load relative to assets than 30% of similar nonprofits.

2011 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

1st percentile

-98%

Faster asset growth than 1% of similar nonprofits.

2011 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets30th percentile

Assets

Down

$12,445,451

Down $665,774,039 (-98%) from 2010

Net Assets

Up

$10,858,523

Up $22,245,940 (+195%) from 2010

Liabilities

Down

$1,586,928

Down $688,019,979 (-100%) from 2010

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$24,435,274

Down $1,398,369 (-5.4%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800M$600M$400M$200M$0-$200MAssets 2010: $678,219,490Liabilities 2010: $689,606,907Net Assets 2010: -$11,387,4172010Assets 2011: $12,445,451Liabilities 2011: $1,586,928Net Assets 2011: $10,858,5232011Assets 2012: $2,833,211Liabilities 2012: $2,833,211Net Assets 2012: $02012

Highlighted filing

2011

Assets$12,445,451
Liabilities$1,586,928
Net Assets$10,858,523
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $25,833,6432010Expenses 2011: $24,435,2742011Revenue 2012: $2,757,136Expenses 2012: $9,837,204Net Income 2012: -$7,080,0682012

Highlighted filing

2011

Revenue-
Expenses$24,435,274
Net Income-
Open 2011 Filing
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
Raw XML AppendixShowing 400 of 886 raw XML fields

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/Activity2/Description0Education 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.
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IRS990/Description0College Access and Success Programs: TERI offers comprehensive information, guidance and practical help to assist underserved individuals to achieve their postsecondary educational goals. TERI's local college access program consists of College Planning Centers (CPCs) and school-based programs in urban communities. TERI's CPCs served an estimated 25,000 individuals through outreach, Center visits, phone calls, and email. 15,000 were served directly and about 10,000 received information and assistance through phone and email. TERI's school-based activities served 3,800 students, 680 of the students were high school seniors and roughly 74% of those seniors enrolled in programs of postsecondary education. The remaining 3,120 students served were in grades 6-11 and participated in college campus tours, summer programs, standardized tests, and received assistance in selecting college preparatory courses and researching colleges and scholarships.
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IRS990/ProgramServiceRevenue/ExclusionAmount10
IRS990/ProgramServiceRevenue/ExclusionAmount20
IRS990/ProgramServiceRevenue/ExclusionAmount30

Document Assets

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Filings

Displayed year

2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$12,445,451
Liabilities
$1,586,928
Net assets
$10,858,523
Revenue
-
Expenses
$24,435,274
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2011 filings • 501(c)3 • $25M-$50M nonprofits