EIN 62-1586836

Edsouth Services

IRS 501(c) type
501(c)(3)
Num. employees
43
Year formed
1994
Most recent tax filings
2018-12
Description
PROVIDES FUNDING FOR EDUCATIONAL LOANS AND PROVIDES FUNDING FOR STUDENT OUTREACH PROGRAMS FOR GRADES 6-14; grants for scholarships. Provides funding for Educational loans and provides funding for student outreach programs for grades 6-14; grants for s...
Also known as...
Educational Services of America; Education Loan Finance

Program areas at Edsouth Services

ESA is a fully operating charitable organization that provides liquidity for post secondary student loans. It also conducts and maintains charitable programs that provide students with the opportunity to obtain a post-secondary education, grants for scholarships and financial literacy.
The grant/scholarship program provides scholarships to students who demonstrate, through an application process, academic achievement, financial need, and involvement in community services. During 2018, ESA funded grants that provided scholarships to 53 students.
Since 2012 we have partnered with EVERFI to provide financial literacy training to more than 27,254 students by taking the financial literacy course specific to high school and elementary school students. We have provided this course at no cost to the districts, schools, or teachers. To date upwards of 165,000 learning modules and over 55,134 hours have been completed on the course resulting in an impressive average improvement of 70% in student financial knowledge based on tests embedded in the platform.

Form 990s for Edsouth Services

Fiscal year endingDate received by IRSFormPDF link
2018-122020-02-10990View PDF
2017-122019-02-21990View PDF
2016-122018-01-18990View PDF
2015-122017-04-07990View PDF
2014-122016-01-28990View PDF
...and 5 more Form 990s

Who funds Edsouth Services

Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL FAMILY EDUCATION LOAN PROGRAM$1,740,426,000

Grants made by Edsouth Services

GranteeGrant descriptionAmount
The University of Tennessee FoundationScholarships$54,000
 Subscribe to view██████$99,999
 Subscribe to view██████$99,999
 Subscribe to view██████$99,999
 Subscribe to view██████$99,999
...and 1 more grants made

Financials for Edsouth Services

RevenuesFYE 12/2018
Total grants, contributions, etc.$0
Program services$95,615,417
Investment income and dividends$10,734,058
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$7,015,567
Total revenues$113,365,042

Personnel at Edsouth Services

NameTitleCompensation
John E. Arnold, Jr.President and Chief Executive Officer$1,316,276
Eric StewartChief Operating Officer$268,597
Bill ThompsonExecutive Vice President and Chief Financial Officer$496,745
 Subscribe to viewChief Information Officer$296,043
 Subscribe to viewSenior Vice President and Chief Compliance Officer
...and 10 more key personnel

Organizations like Edsouth Services

OrganizationLocationRevenue
EdsouthFranklin, TN$55,765,627
Ascendium Education SolutionsMadison, WI$511,268,683
South Carolina Student Loan Corporation (SCSL)Columbia, SC$59,459,269
AAA Scholarship FoundationTampa, FL$46,844,334
National Merit Scholarship CorporationEvanston, IL$43,963,602
LiftFundSan Antonio, TX$103,246,792
Foundation for Advanced Education in the Sciences (FAES)Bethesda, MD$36,472,050
Scholarship AmericaMinneapolis, MN$206,274,453
AccessLex InstituteWest Chester, PA$153,290,505
SC First Steps to School ReadinessColumbia, SC$37,132,014
Early Learning Coalition of Southwest Florida (ELCSWFL)Fort Myers, FL$49,406,696
Early Learning Coalition of Pasco and Hernando CountiesSpring Hill, FL$33,389,323
FJC - A Foundation of PhilanthropicNew York, NY$41,013,203
Livingstone CollegeSalisbury, NC$37,955,439
Miles CollegeFairfield, AL$37,365,667
Talladega CollegeTalladega, AL$29,389,684
Tougaloo CollegeTougaloo, MS$29,921,316
Edward Waters College (EWC)Jacksonville, FL$28,944,971
Community Foundation of Western North CarolinaAsheville, NC$38,346,550
University of Massachusetts FoundationBoston, MA$48,530,151
University of Louisville FoundationLouisville, KY$66,715,351
Fisher House FoundationRockville, MD$46,902,338
Early Learning Coalition of Palm Beach CountyBoynton Beach, FL$127,668,509
Early Learning Coalition of Miami Dade Monroe (ELCMDM)Coral Gables, FL$206,335,393
Illinois Coalition Against Sexual Assault (ICASA)Springfield, IL$28,753,401
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$113,365,042
2018
Yearly growth
3.7%
% of revenues
n/a
Total expenses
$91,502,267
2018
Yearly growth
1.5%
% of expenses
n/a
Total assets
$2,081,006,108
2018
Yearly growth
15.7%
% of assets
n/a
Num. employees
43
2018
Yearly growth
0%
% of total
n/a
General information
Address
12700 Kingston Pike
Knoxville, TN 37934
Metro area
Knoxville, TN
Website URL
corp.elfi.com/ 
Phone
(865) 824-3051
IRS details
EIN
62-1586836
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent