THE JUST TRUST FOR EDUCATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$66,897,589
Cash & Equivalents
94%
Receivables (Non-Related)
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$45,175,229
Deferred Revenue
68%
Grants Payable
31%
Payables & Accruals
1%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$33,915,887
$62,893,882
+85%
Receivables (Non-Related)
$484,218
$3,984,743
+723%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$5,957
$18,964
+218%
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$34,406,062
$66,897,589
+94%
Liabilities
2023
2024
Change
Payables & Accruals
$992,294
$497,252
-50%
Grants Payable
$5,815,000
$14,029,750
+141%
Deferred Revenue
-
$30,648,227
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$14,866,449
-
-
Total Liabilities
$21,673,743
$45,175,229
+108%
Net assets
2023
2024
Change
Restricted Net Assets
-
$5,736,411
-
Unrestricted Net Assets
$12,732,319
$15,985,949
+26%
Net assets
2023
2024
Change
Net assets
+$12,732,319
+$21,722,360
+71%
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