Civic Intelligence

River Tree Arts

990 • Fiscal year 2014 • EIN 01-0411857

May 01, 2013 to Apr 30, 2014 • Filed on Jun 15, 2015

35 Western AvenueKennebunk, ME 04043

(207) 967-9120

Siviq Scores

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

Liabilities / Assets

85th percentile

0.60x

Higher debt load relative to assets than 85% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

93rd percentile

1.90x

Higher debt load relative to revenue than 93% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

5th percentile

-58%

Higher net margin than 5% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

65th percentile

$48,957

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 20.7% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

14th percentile

-12%

Faster asset growth than 14% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

75th percentile

24%

Faster revenue growth than 75% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$750,605

Down $100,100 (-12%) from 2013

Net Assets

Down

$303,093

Down $136,629 (-31%) from 2013

Liabilities

Up

$447,512

Up $36,529 (+8.9%) from 2013

Revenue

Up

$236,052

Up $45,018 (+24%) from 2013

Expenses

Up

$372,682

Up $16,982 (+4.8%) from 2013

Net Income

Up

-$136,630

Up $28,036 (+17%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $792,461Liabilities 2011: $13,463Net Assets 2011: $778,9982011Assets 2012: $612,717Liabilities 2012: $8,337Net Assets 2012: $604,3802012Assets 2013: $850,705Liabilities 2013: $410,983Net Assets 2013: $439,7222013Assets 2014: $750,605Liabilities 2014: $447,512Net Assets 2014: $303,0932014Assets 2015: $606,591Liabilities 2015: $409,603Net Assets 2015: $196,9882015Assets 2016: $543,594Liabilities 2016: $439,184Net Assets 2016: $104,4102016Assets 2017: $547,651Liabilities 2017: $425,969Net Assets 2017: $121,6822017Assets 2018: $530,399Liabilities 2018: $408,567Net Assets 2018: $121,8322018Assets 2019: $526,733Liabilities 2019: $405,960Net Assets 2019: $120,7732019Assets 2020: $536,665Liabilities 2020: $433,374Net Assets 2020: $103,2912020Assets 2021: $541,161Liabilities 2021: $404,638Net Assets 2021: $136,5232021Assets 2022: $536,279Liabilities 2022: $367,232Net Assets 2022: $169,0472022Assets 2023: $522,181Liabilities 2023: $357,384Net Assets 2023: $164,7972023Assets 2024: $471,839Liabilities 2024: $343,726Net Assets 2024: $128,1132024Assets 2025: $396,679Liabilities 2025: $325,797Net Assets 2025: $70,8822025

Highlighted filing

2014

Assets$750,605
Liabilities$447,512
Net Assets$303,093

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $347,9802011Expenses 2012: $348,4272012Revenue 2013: $191,034Expenses 2013: $355,700Net Income 2013: -$164,6662013Revenue 2014: $236,052Expenses 2014: $372,682Net Income 2014: -$136,6302014Revenue 2015: $187,014Expenses 2015: $293,119Net Income 2015: -$106,1052015Revenue 2016: $194,913Expenses 2016: $287,491Net Income 2016: -$92,5782016Revenue 2017: $240,993Expenses 2017: $223,721Net Income 2017: $17,2722017Revenue 2018: $237,839Expenses 2018: $237,689Net Income 2018: $1502018Revenue 2019: $286,879Expenses 2019: $287,938Net Income 2019: -$1,0592019Revenue 2020: $321,756Expenses 2020: $339,238Net Income 2020: -$17,4822020Revenue 2021: $273,900Expenses 2021: $240,668Net Income 2021: $33,2322021Revenue 2022: $341,114Expenses 2022: $308,467Net Income 2022: $32,6472022Revenue 2023: $383,150Expenses 2023: $387,400Net Income 2023: -$4,2502023Revenue 2024: $324,339Expenses 2024: $361,023Net Income 2024: -$36,6842024Revenue 2025: $377,838Expenses 2025: $435,071Net Income 2025: -$57,2332025

Highlighted filing

2014

Revenue$236,052
Expenses$372,682
Net Income-$136,630
Jump To
Filing Snapshot
Filing Period
May 1, 2013 to Apr 30, 2014
Signed
Jun 15, 2015
Return Version
2013v4.0
Gross Receipts
$247,063
Mission and Program Overview

Mission

River Tree Arts is a nonprofit community arts organization devoted to encouraging a wider and deeper understanding of the arts by providing innovative and accessible opportunities for appreciation, education, and participation in the arts for all ages.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$545,416$528,349▼ $17,067
Cash and Non-Interest-Bearing Accounts$195,639$114,851▼ $80,788
Prepaid Expenses and Deferred Charges$103,685$103,685→ $0
Accounts Receivable$2,645$400▼ $2,245
Total Assets$850,705$750,605▼ $100,100
Other Assets Total$3,320$3,320→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$400,000$400,000→ $0
Accounts Payable and Accrued Expenses$7,663$44,192▲ $36,529
Other Liabilities$3,320$3,320→ $0
Total Liabilities$410,983$447,512▲ $36,529
Net Assets / Fund Balance
Unrestricted Net Assets$432,124$295,495▼ $136,629
Temporarily Rstr Net Assets$7,598$7,598→ $0
Total Net Assets Fund Balance$439,722$303,093▼ $136,629
Total Liabilities and Net Assets / Fund Balance$850,705$750,605▼ $100,100

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$470,962$149,038$620,000
Equipment$9,303$103,548$112,851
Leasehold Improvements$48,084$18,727$66,811
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Juliette ColdreckExecutive DirectorFT$45,957$3,000$48,957

Board Members and Trustees

NameTitle
Susan InouePresident
Linda WardVice President
Andrea MabeeDirector
Maureen McEwenDirector
Paul WolfDirector
Stephen CandersDirector
Troy HendricksonDirector
Dorothy MathesonSecretary
David ReidTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$84,666
Program Service Revenue
$149,106
Investment Income
$307
Other Revenue
$1,973
All Other Contributions
$52,215
Change in Net Assets
$-136,630
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$234,679
Salaries, Compensation, and Employee Benefits$138,003
Total Fundraising Expense$34,749
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$81,434--$81,434
Other Salaries and Wages$44,103$20,923$15,016$80,042
Current Officers, Directors, Trustees, and Key Employees$25,322$12,013$8,622$45,957
Depreciation Depletion$25,502--$25,502
Office Expenses$12,324$390-$12,714
All Other Expenses$11,079$854$136$12,069
Payroll Taxes$6,614$3,138$2,252$12,004
Occupancy$9,938$1,136$284$11,358
Insurance$4,688$3,774-$8,462
Other Expenses$12,680$3,577$7,545$7,545
Advertising$2,562--$2,562
Fees for Services Accounting-$428-$428
Total Functional Expenses$291,700$46,233$34,749$372,682
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$11,011
Fundraising Gross Income$11,011
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2$8,370$5,480$5,480$0
Event 1$21,800$4,935$4,935$0
Total Events$38,197$11,011$11,011$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Operations$3,320
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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

The Art Director is the daughter of the Board President. The Registrar is the daughter-in-law of the Board Vice-President.

Form 990, Part VI, Section B, line 11

The Board Treasurer reviews and signs the Form 990 prior to submitting to the IRS.

Form 990, Part VI, Section C, line 19

The organization's governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

EIN
01-0411857
Phone
2079679120

Signing Officer

Name
David B Reid
Title
Treasurer
Phone
2079679120
Signed
2015-06-15
Discuss with paid preparer
Yes

Organization Details

Formed
1982
Legal Domicile
Me
Voting Board Members
9
Independent Board Members
9
Employees
6
Volunteers
7

Preparer

Preparer
Dana O Dakers CPA
Phone
2077753496
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Teachers for Programs: Program service expenses 80,849. Management and general expenses 0. Fundraising expenses 0. Total expenses 80,849. Web Design: Program service expenses 585. Management and general expenses 0. Fundraising expenses 0. Total expenses 585.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt311844
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt071120
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt142277
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt223865
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt311844
IRS990/ProgSrvcAccomActy2Grp/Desc0Programs including music school recitals, band concerts, workshops, etc.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0235843
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt042277
IRS990/ProgSrvcAccomActy3Grp/Desc0Gallery
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02635
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt023865
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Adult Programs
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt03929
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt011844
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt067562
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt082
IRS990/PYOtherExpensesAmt0207657
IRS990/PYOtherRevenueAmt094
IRS990/PYProgramServiceRevenueAmt0123296
IRS990/PYRevenuesLessExpensesAmt0-164666
IRS990/PYSalariesCompEmpBnftPaidAmt0148043
IRS990/PYTotalExpensesAmt0355700
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0191034
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-136630
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt01973
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt071120
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt084666
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt067562
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt055090
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt028446
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt064904
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0300668
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0307
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt082
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt085
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03053
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05839
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09366
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0149106
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0123296
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0129344
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0130425
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt076537
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0608708
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0307
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt082
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt085
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03053
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05839
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09366
IRS990ScheduleA/InvestmentIncomeCYPct00.01020
IRS990ScheduleA/InvestmentIncomePYPct00.01670
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt094
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt071
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt0622
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt0220
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt01007
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98870
IRS990ScheduleA/PublicSupportPY509Pct00.98220
IRS990ScheduleA/PublicSupportTotal509Amt0909376
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0233772
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0190858
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0184434
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0158871
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0141441
IRS990ScheduleA/Total509Grp/TotalAmt0909376
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0234079
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0191034
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0184590
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0162546
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0147500
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0919749
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0470962
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0149038
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0620000
IRS990ScheduleD/EquipmentGrp/BookValueAmt09303
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0103548
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0112851
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt048084
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt018727
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt066811
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03320
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Operations
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0528349
IRS990ScheduleD/TotalLiabilityAmt03320
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt027186
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt016865
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt02890
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt07431
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011011
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt021800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08370
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt08027
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt038197
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt04935
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt05480
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0596
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt011011
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0Inside Masterpiece Theater
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0Dance by the River
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0596

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.97$3.26$0.71$3.78$4.35$0.57
2024Detailed filing. Detailed filing data is available for this year.$4.72$3.44$1.28$3.24$3.61$0.37
2023Detailed filing. Detailed filing data is available for this year.$5.22$3.57$1.65$3.83$3.87$0.04
2022Detailed filing. Detailed filing data is available for this year.$5.36$3.67$1.69$3.41$3.08$0.33
2021Detailed filing. Detailed filing data is available for this year.$5.41$4.05$1.37$2.74$2.41$0.33
2020Detailed filing. Detailed filing data is available for this year.$5.37$4.33$1.03$3.22$3.39$0.17
2019Detailed filing. Detailed filing data is available for this year.$5.27$4.06$1.21$2.87$2.88$0.01
2018Detailed filing. Detailed filing data is available for this year.$5.30$4.09$1.22$2.38$2.38$0.00
2017Detailed filing. Detailed filing data is available for this year.$5.48$4.26$1.22$2.41$2.24$0.17
2016Detailed filing. Detailed filing data is available for this year.$5.44$4.39$1.04$1.95$2.87$0.93
2015Detailed filing. Detailed filing data is available for this year.$6.07$4.10$1.97$1.87$2.93$1.06
2014Detailed filing. Detailed filing data is available for this year.$7.51$4.48$3.03$2.36$3.73$1.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.51$4.11$4.40$1.91$3.56$1.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.13$0.08$6.04$3.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.92$0.13$7.79$3.48
Peer Organizations

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