Just Fund Education Project Inc
Just Fund Education Project Inc maintains robust assets and zero liabilities with no officer compensation reported.
EIN: 208465456 · Lexington, KY · NTEE: R26 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $232K |
| Total Expenses | $121K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.3M |
| Transparency Score | 95/100 |
Is Just Fund Education Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Just Fund Education Project Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Just Fund Education Project Inc
Just Fund Education Project Inc (EIN: 208465456) is a nonprofit organization based in Lexington, KY, classified under NTEE code R26. The organization reported total revenue of $232K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Just Fund Education Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Just Fund Education Project Inc is a small nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $545K |
| Total Expenses | $121K |
| Surplus / Deficit | +$423K |
| Total Assets | $2.3M |
| Net Assets | $2.3M |
| Operating Margin | 77.7% |
| Months of Reserves | 226.6 months |
Financial Health Grade: A
In 2023, Just Fund Education Project Inc reported a surplus of $423K with revenue exceeding expenses, holds 226.6 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Just Fund Education Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +173.9% | +11.0% | +22.6% |
| 2022 | -54.7% | +11.8% | -11.6% |
| 2021 | +125.4% | +37.8% | +19.2% |
| 2020 | -41.1% | -33.3% | +7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Just Fund Education Project Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Just Fund Education Project Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $423K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly unusual for an organization with over $2 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Just Fund Education Project Inc's IRS 990 filings:
- Unusually low expenses relative to revenue and assets, potentially indicating significant funds are held rather than actively deployed annually (e.g., 2023 revenue $544,738 vs. expenses $121,426).
Strengths
The following positive indicators were identified for Just Fund Education Project Inc:
- Strong financial health with substantial assets ($2,293,352 in 2023) and zero liabilities.
- Exceptional spending efficiency, with very low administrative and fundraising costs.
- Consistent reporting of 0% officer compensation, indicating a high commitment to mission-focused spending.
- Positive revenue trends in recent years, with $544,738 in 2023.
- Consistent asset growth over the past decade.
Frequently Asked Questions about Just Fund Education Project Inc
Is Just Fund Education Project Inc a legitimate charity?
Just Fund Education Project Inc (EIN: 208465456) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 95/100. It has 14 years of IRS 990 filings on record. Total revenue: $232K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Just Fund Education Project Inc spend its money?
Just Fund Education Project Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Just Fund Education Project Inc tax-deductible?
Just Fund Education Project Inc is registered as a tax-exempt nonprofit (EIN: 208465456). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Just Fund Education Project Inc CEO make?
Just Fund Education Project Inc's highest-compensated officer earns $2 annually. The organization reported $232K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Just Fund Education Project Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Just Fund Education Project Inc is above average for NTEE category R26 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Just Fund Education Project Inc located?
Just Fund Education Project Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 208465456. It is classified under NTEE code R26.
How many years of IRS 990 filings does Just Fund Education Project Inc have?
Just Fund Education Project Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $232K in total revenue.
Is Just Fund Education Project Inc a good charity?
Based on its financial data, Just Fund Education Project Inc appears to be a very good charity. It demonstrates excellent financial health with substantial assets and no liabilities, very high spending efficiency with minimal administrative costs, and a strong commitment to its mission by reporting 0% officer compensation.
How does Just Fund Education Project Inc manage its expenses?
The organization manages its expenses very efficiently. For example, in 2023, total expenses were only $121,426 against revenues of $544,738, indicating a lean operational structure and a focus on direct program spending.
What is the trend in Just Fund Education Project Inc's assets?
Just Fund Education Project Inc has shown a consistent growth in assets over the years, from $910,825 in 2015 to $2,293,352 in 2023, with a notable peak of $9,791,412 in 2014, suggesting strong financial management and accumulation of resources.
Filing History
IRS 990 filing history for Just Fund Education Project Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Just Fund Education Project Inc's revenue has grown by 15.7%, moving from $471K to $545K. Total assets increased by 237.4% over the same period, from $680K to $2.3M. Total functional expenses rose by 117.4%, from $56K to $121K. In its most recent filing year (2023), Just Fund Education Project Inc reported a surplus of $423K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $545K | $121K | $2.3M | $0 | — | View 990 |
| 2022 | $199K | $109K | $1.9M | $0 | — | — |
| 2021 | $439K | $98K | $2.1M | $0 | — | View 990 |
| 2020 | $195K | $71K | $1.8M | $0 | — | View 990 |
| 2019 | $331K | $107K | $1.6M | $0 | — | View 990 |
| 2018 | $-84,455 | $78K | $1.4M | $0 | — | View 990 |
| 2017 | $224K | $76K | $1.6M | $0 | — | View 990 |
| 2016 | $585K | $56K | $1.4M | $0 | — | View 990 |
| 2015 | $57K | $68K | $911K | $0 | — | View 990 |
| 2014 | $161K | $143K | $9.8M | $0 | — | View 990 |
| 2013 | $176K | $129K | $980K | $0 | — | View 990 |
| 2012 | $80K | $82K | $901K | $0 | — | View 990 |
| 2011 | $284K | $96K | $861K | $0 | — | View 990 |
| 2010 | $471K | $56K | $680K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $545K, expenses of $121K, and assets of $2.3M (revenue +173.9% year-over-year).
- 2022: Revenue of $199K, expenses of $109K, and assets of $1.9M (revenue -54.7% year-over-year).
- 2021: Revenue of $439K, expenses of $98K, and assets of $2.1M (revenue +125.4% year-over-year).
- 2020: Revenue of $195K, expenses of $71K, and assets of $1.8M (revenue -41.1% year-over-year).
- 2019: Revenue of $331K, expenses of $107K, and assets of $1.6M.
- 2018: Revenue of $-84,455, expenses of $78K, and assets of $1.4M (revenue -137.7% year-over-year).
- 2017: Revenue of $224K, expenses of $76K, and assets of $1.6M (revenue -61.7% year-over-year).
- 2016: Revenue of $585K, expenses of $56K, and assets of $1.4M (revenue +921.7% year-over-year).
- 2015: Revenue of $57K, expenses of $68K, and assets of $911K (revenue -64.6% year-over-year).
- 2014: Revenue of $161K, expenses of $143K, and assets of $9.8M (revenue -8.5% year-over-year).
- 2013: Revenue of $176K, expenses of $129K, and assets of $980K (revenue +119.7% year-over-year).
- 2012: Revenue of $80K, expenses of $82K, and assets of $901K (revenue -71.7% year-over-year).
- 2011: Revenue of $284K, expenses of $96K, and assets of $861K (revenue -39.8% year-over-year).
- 2010: Revenue of $471K, expenses of $56K, and assets of $680K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Just Fund Education Project Inc:
Data Sources and Methodology
This transparency report for Just Fund Education Project Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.