Civic Intelligence

Just Fund Education Project Inc.

990 • Fiscal year 2021 • EIN 20-8465456

Jan 01, 2021 to Dec 31, 2021 • Filed on May 11, 2022

PO Box 21815Lexington, KY 40502

(859) 227-3912

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

95th percentile

78%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

67th percentile

19%

Faster asset growth than 67% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

90th percentile

125%

Faster revenue growth than 90% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,114,526

Up $341,113 (+19%) from 2020

Net Assets

Up

$2,114,526

Up $341,113 (+19%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$439,028

Up $244,222 (+125%) from 2020

Expenses

Up

$97,915

Up $26,845 (+38%) from 2020

Net Income

Up

$341,113

Up $217,377 (+176%) from 2020

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $679,746Liabilities 2010: $0Net Assets 2010: $679,7452010Assets 2011: $860,909Liabilities 2011: $0Net Assets 2011: $860,9092011Assets 2012: $901,277Liabilities 2012: $0Net Assets 2012: $901,2782012Assets 2013: $979,511Liabilities 2013: $0Net Assets 2013: $979,5112013Assets 2014: $9,791,412Liabilities 2014: $0Net Assets 2014: $9,791,4122014Assets 2015: $910,825Liabilities 2015: $0Net Assets 2015: $910,8252015Assets 2016: $1,439,351Liabilities 2016: $0Net Assets 2016: $1,439,3512016Assets 2017: $1,586,953Liabilities 2017: $0Net Assets 2017: $1,586,9532017Assets 2018: $1,425,819Liabilities 2018: $0Net Assets 2018: $1,425,8192018Assets 2019: $1,649,677Liabilities 2019: $0Net Assets 2019: $1,649,6772019Assets 2020: $1,773,413Liabilities 2020: $0Net Assets 2020: $1,773,4132020Assets 2021: $2,114,526Liabilities 2021: $0Net Assets 2021: $2,114,5262021Assets 2022: $1,870,040Liabilities 2022: $0Net Assets 2022: $1,870,0402022Assets 2023: $2,293,352Liabilities 2023: $0Net Assets 2023: $2,293,3522023Assets 2024: $2,415,621Liabilities 2024: $0Net Assets 2024: $2,415,6212024

Highlighted filing

2021

Assets$2,114,526
Liabilities$0
Net Assets$2,114,526

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $470,639Expenses 2010: $55,851Net Income 2010: $414,7882010Revenue 2011: $283,550Expenses 2011: $95,951Net Income 2011: $187,5992011Revenue 2012: $80,330Expenses 2012: $82,160Net Income 2012: -$1,8302012Revenue 2013: $176,451Expenses 2013: $128,684Net Income 2013: $47,7672013Revenue 2014: $161,427Expenses 2014: $142,988Net Income 2014: $18,4392014Revenue 2015: $57,217Expenses 2015: $67,804Net Income 2015: -$10,5872015Revenue 2016: $584,566Expenses 2016: $56,040Net Income 2016: $528,5262016Revenue 2017: $223,990Expenses 2017: $76,388Net Income 2017: $147,6022017Revenue 2018: -$84,455Expenses 2018: $77,981Net Income 2018: -$162,4362018Revenue 2019: $330,741Expenses 2019: $106,583Net Income 2019: $224,1582019Revenue 2020: $194,806Expenses 2020: $71,070Net Income 2020: $123,7362020Revenue 2021: $439,028Expenses 2021: $97,915Net Income 2021: $341,1132021Revenue 2022: $198,905Expenses 2022: $109,426Net Income 2022: $89,4792022Revenue 2023: $544,738Expenses 2023: $121,426Net Income 2023: $423,3122023Revenue 2024: $232,199Expenses 2024: $109,930Net Income 2024: $122,2692024

Highlighted filing

2021

Revenue$439,028
Expenses$97,915
Net Income$341,113
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 11, 2022
Return Version
2021v4.0
Gross Receipts
$439,028
Mission and Program Overview

Mission

The organization has the dual mission of reducing discrimination through high profile public awareness events showcase the positive contributions of lesbian, gay, bisexual and transgenered persons, and by funding the educational and artistic efforts of other organization to increase awareness and understanding of the LGBTQ community.

To provide funds to support education, theater, and other works that address issues affecting the gay, lesbian, bisexual, transgendered, and queer community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$1,622,952$1,970,512▲ $347,560
Savings and Temporary Cash Investments$146,480$103,375▼ $43,105
Cash and Non-Interest-Bearing Accounts$3,981$39,089▲ $35,108
Accounts Receivable$0$1,550▲ $1,550
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,773,413$2,114,526▲ $341,113
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,773,413$2,114,526▲ $341,113
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,773,413$2,114,526▲ $341,113
Total Liabilities and Net Assets / Fund Balance$1,773,413$2,114,526▲ $341,113

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,970,512--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$1,769,432$2,647▲ $372,890$14,950$2,073,886
2020$1,638,575$7,611▲ $161,661$0$1,769,432
2019$1,371,707$8,115▲ $267,168$0$1,638,575
2018$1,477,633$5,393▼ $56,516$0$1,371,707
2017$1,311,629$4,812▲ $199,561$0$1,477,633
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brandl SkirvinPresident
Ernesto ScorsoneEx Officio and Vice President
John DavisDirector
Kevin BrownDirector
Mark JohnsonDirector
Bernadette BartonSecretary
David LaffertyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$66,138
Program Service Revenue
$0
Investment Income
$372,890
Other Revenue
$0
All Other Contributions
$49,994
Change in Net Assets
$341,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$66,245
Other Expenses$31,670
Total Fundraising Expense$1,896
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$66,245--$66,245
Office Expenses$9,128$850$1,896$11,874
Fees for Service Investment Mgmnt Fees$0$10,348$0$10,348
Advertising$6,076$0$0$6,076
Fees for Services Accounting$0$2,541$0$2,541
Information Technology$0$444$0$444
Insurance$387$0$0$387
Total Functional Expenses$81,836$14,183$1,896$97,915
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Louisville Pride FoundationLouisville, KY501c3To support the "Wellness Summit" for LGBTQ persons, and event held by the Louisville Pride Foundation.$8,050
PFLAG of SomersetSomerset, KY501c3Support for a one-time area event for LGBTQ persons in a rural section of the state that normally does not receive a lot of grant support for programming.$5,150
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Page 6 Part VI Section A Line 2 - John Davis and Ernesto Scorsone are married.

Form 990, Part VI, Section B, Line 11B

Part VI, Section B, line 11b - Board members were emailed a draft copy of the 990 and all schedules for comment and review. A vote was taken to accept the draft and prepare it for efiling.

Form 990, Part VI, Section C, Line 19

Part VI, Section C, line 19 - Copies of financial forms, governance documents, conflict of interest policies, and 990 forms are available by written request or email request. Copies of 990s and various other data can also be obtained via Guidestar.org.

Filing and Contact Details

Filer

Filer Name
Just Fund Education Project Inc
EIN
20-8465456
Phone
8592273912
Address
PO Box 21815, Lexington, KY 40502
Doing Business As
JustFundKy

Signing Officer

Name
Brandl Skirvin
Title
President
Phone
8592273912
Signed
2022-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandl Skirvin
Formed
2007
Legal Domicile
Ky
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
10

Preparer

Firm
Bourne Bookkeeping & Administrative Services
Address
PO Box 497, Lexington, KY 40588
Preparer
Leah Bourne
Phone
8593120359
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

Page 2 Part V Line 4 - The purpose of the endowment funds are to produce sufficient income to make sure the organization is able to award the annual Cliff Todd Grants and have other educational and outreach events without having to rely on annual giving, which may be untimely or inadequate to the purpose.

Raw XML AppendixShowing 400 of 597 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/InvestmentsProgramRelatedGrp/EOYAmt01970512
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IRS990/IRPDocumentCnt02
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IRS990/LocalChaptersInd00
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IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The organization has the dual mission of reducing discrimination through high profile public awareness events showcase the positive contributions of lesbian, gay, bisexual and transgenered persons, and by funding the educational and artistic efforts of other organization to increase awareness and understanding of the LGBTQ community.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt02114526
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/OfficeExpensesGrp/FundraisingAmt01896
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0850
IRS990/OfficeExpensesGrp/ProgramServicesAmt09128
IRS990/OfficeExpensesGrp/TotalAmt011874
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherLiabilitiesGrp/BOYAmt00
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IRS990/OtherWebsiteInd0X
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IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Brandl Skirvin
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0In 2021 we continued our social media outreach and educational efforts, and held a live public engagement event at the 21c Hotel honoring long time board member, the late Cliff Todd. In the fall of 2021, JustFundKy celebrated a milestone - the Cliff Todd Endowed Fund reached $2M. Together, with the help of thousands of volunteers and the generosity of our community, we have created one of the largest permanent LGBTQ endowments in the South. We used this occasion to celebrate Cliff's life, as we lost our dear friend and benefactor earlier in the year. His memory will live on through the work of JustFundKy and the annual Cliff Todd Grants. On Saturday November 20th we came together to honor this most auspicious occasion with a celebration at 21C in Lexington. Hundreds of people came together to share stories, re-kindle relationship, drink, dance and remember all the hard work and generosity that has gone into building the endowment. Together, our efforts and resources have allowed us to be involved with LGBTQ work in every county in the Commonwealth of Kentucky. By the end of 2021, we have awarded $455,000.00 to 65 unique groups. It was a wonderful night of celebration.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015591
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt031446
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt048500
IRS990/PYInvestmentIncomeAmt0161661
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt022570
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01699
IRS990/PYRevenuesLessExpensesAmt0123736
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt071070
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0194806
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
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IRS990/ReconcilationRevenueExpnssAmt0341113
IRS990/RegularMonitoringEnfrcInd00
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IRS990/RentalIncomeOrLossGrp/RealAmt00
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IRS990/ReportLandBuildingEquipmentInd00
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IRS990/RoyaltiesGrp/FundraisingAmt00
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IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0146480
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0103375
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Page 2 Part II Section C Public Support: Our endowment fund is held by the Blue Grass Community Foundation, which is itself a 501c3 and accepts donations on behalf of participating organizations, including JustFundKy. Funds from the proceeds of the endowment are used for operations and for funding our annual grants to small organizations, as well as awareness and educational programs and activities. The funds therefore enable us to meet our goals and mission. Donations both from donors who designate funds to us via BGCF and from the Community Foundation itself are a way for the public to show their support for the Just Fund Education Project. The use of the endowment fund proceeds are restricted to the grants, programs, and events of JustFundKy and cannot be used for the benefit of any of our officers or for non-charitable organizations or purposes. The endowment fund principal cannot be disbursed except upon dissolution of JustFundKy to a successor nonprofit organization, guaranteeing the funds can only ever be used for charitable programming purposes.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt033145
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt058526
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt016458
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt032419
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0206686
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0372890
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0161661
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0267167
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt056917
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt078467
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt028884
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IRS990ScheduleA/PublicSupportCY170Pct00.18070
IRS990ScheduleA/PublicSupportPY170Pct00.28842
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IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.42$0.00$2.42$0.23$0.11$0.12
2023Detailed filing. Detailed filing data is available for this year.$2.29$0.00$2.29$0.54$0.12$0.42
2022Detailed filing. Detailed filing data is available for this year.$1.87$0.00$1.87$0.20$0.11$0.09
2021Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.11$0.44$0.10$0.34
2020Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$0.19$0.07$0.12
2019Summary only. Only limited summary data is available for this year.$1.65$0.00$1.65$0.33$0.11$0.22
2018Summary only. Only limited summary data is available for this year.$1.43$0.00$1.43$0.08$0.08$0.16
2017Summary only. Only limited summary data is available for this year.$1.59$0.00$1.59$0.22$0.08$0.15
2016Summary only. Only limited summary data is available for this year.$1.44$0.00$1.44$0.58$0.06$0.53
2015Summary only. Only limited summary data is available for this year.$0.91$0.00$0.91$0.06$0.07$0.01
2014Summary only. Only limited summary data is available for this year.$9.79$0.00$9.79$0.16$0.14$0.02
2013Summary only. Only limited summary data is available for this year.$0.98$0.00$0.98$0.18$0.13$0.05
2012Summary only. Only limited summary data is available for this year.$0.90$0.00$0.90$0.08$0.08$0.00
2011Summary only. Only limited summary data is available for this year.$0.86$0.00$0.86$0.28$0.10$0.19
2010Summary only. Only limited summary data is available for this year.$0.68$0.00$0.68$0.47$0.06$0.41