Civic Intelligence

Tamworth Pre-School Inc.

990 • Fiscal year 2020 • EIN 02-0270074

Jul 01, 2019 to Jun 30, 2020 • Filed on Jun 15, 2021

27 Durrell RoadTamworth, NH 03886

(603) 323-8300

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.28x

Higher debt load relative to assets than 82% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

78th percentile

0.13x

Higher debt load relative to revenue than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

57th percentile

9.5%

Higher net margin than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

66th percentile

18%

Faster asset growth than 66% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

59th percentile

-4.7%

Faster revenue growth than 59% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$146,830

Up $22,403 (+18%) from 2019

Net Assets

Up

$106,334

Up $29,214 (+38%) from 2019

Liabilities

Down

$40,496

Down $6,811 (-14%) from 2019

Revenue

Down

$306,443

Down $15,214 (-4.7%) from 2019

Expenses

Down

$277,229

Down $77,107 (-22%) from 2019

Net Income

Up

$29,214

Up $61,893 (+189%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $170,646Liabilities 2010: $77,516Net Assets 2010: $93,1302010Assets 2011: $168,594Liabilities 2011: $83,182Net Assets 2011: $85,4122011Assets 2012: $198,243Liabilities 2012: $78,657Net Assets 2012: $119,5862012Assets 2014: $172,759Liabilities 2014: $44,945Net Assets 2014: $127,8142014Assets 2016: $197,857Liabilities 2016: $40,611Net Assets 2016: $157,2462016Assets 2017: $158,532Liabilities 2017: $44,626Net Assets 2017: $113,9062017Assets 2018: $154,786Liabilities 2018: $44,985Net Assets 2018: $109,8012018Assets 2019: $124,427Liabilities 2019: $47,307Net Assets 2019: $77,1202019Assets 2020: $146,830Liabilities 2020: $40,496Net Assets 2020: $106,3342020Assets 2021: $160,735Liabilities 2021: $32,151Net Assets 2021: $128,5842021Assets 2022: $171,353Liabilities 2022: $36,134Net Assets 2022: $135,2192022Assets 2023: $131,095Liabilities 2023: $14,736Net Assets 2023: $116,3592023Assets 2024: $76,876Liabilities 2024: $16,885Net Assets 2024: $59,9912024

Highlighted filing

2020

Assets$146,830
Liabilities$40,496
Net Assets$106,334

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $442,2882010Revenue 2011: $375,084Expenses 2011: $382,802Net Income 2011: -$7,7182011Expenses 2012: $407,1952012Revenue 2014: $279,149Expenses 2014: $276,590Net Income 2014: $2,5592014Revenue 2016: $294,117Expenses 2016: $279,642Net Income 2016: $14,4752016Revenue 2017: $274,319Expenses 2017: $317,659Net Income 2017: -$43,3402017Revenue 2018: $330,942Expenses 2018: $335,047Net Income 2018: -$4,1052018Revenue 2019: $321,657Expenses 2019: $354,336Net Income 2019: -$32,6792019Revenue 2020: $306,443Expenses 2020: $277,229Net Income 2020: $29,2142020Revenue 2021: $312,600Expenses 2021: $290,370Net Income 2021: $22,2302021Revenue 2022: $336,777Expenses 2022: $330,170Net Income 2022: $6,6072022Revenue 2023: $329,309Expenses 2023: $348,169Net Income 2023: -$18,8602023Revenue 2024: $251,952Expenses 2024: $308,323Net Income 2024: -$56,3712024

Highlighted filing

2020

Revenue$306,443
Expenses$277,229
Net Income$29,214
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jun 15, 2021
Return Version
2019v5.0
Gross Receipts
$309,567
Mission and Program Overview

Mission

To provide a safe, nurturing and stimulating environment for children. To seek a balance in addressing each child as a unique social, emotional, intellectual, and physical person. To empower children to be responsible, caring, creative, hardworking, and playful contributors to their community. To support and work in partnership with the children's families, both to respond to their needs and to offer participation in the center's daily life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$105,667$95,408▼ $10,259
Savings and Temporary Cash Investments$14,044$52,775▲ $38,731
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Accounts Receivable$4,716$-1,353▼ $6,069
Total Assets$124,427$146,830▲ $22,403
Other Assets Total-$0-
Liabilities
Other Liabilities$44,996$36,491▼ $8,505
Accounts Payable and Accrued Expenses$2,311$4,005▲ $1,694
Total Liabilities$47,307$40,496▼ $6,811
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$77,120$106,334▲ $29,214
Total Net Assets Fund Balance$77,120$106,334▲ $29,214
Total Liabilities and Net Assets / Fund Balance$124,427$146,830▲ $22,403

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,665$336,379$343,044
Equipment$57,494$19,865$77,359
Land$31,249--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nancy CovilleExecutive DirectorFT$10,783$10,783

Board Members and Trustees

NameTitle
Ebony FullilovePresident
Angela FlintDirector
Florence LemayDirector
Hope RequardtDirector
Jennifer KampsniderDirector
Leo GreeneDirector
Kim WhitefeatherSecretary
Anneliese SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$130,137
Program Service Revenue
$137,500
Investment Income
$0
Other Revenue
$38,806
All Other Contributions
$1,500
Change in Net Assets
$29,214
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$151,915
Other Expenses$125,114
Grants and Similar Amounts Paid$200
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$126,668--$126,668
Occupancy$17,466--$17,466
Payroll Taxes$11,105--$11,105
Current Officers, Directors, Trustees, and Key Employees$10,783--$10,783
Insurance$10,777--$10,777
Depreciation Depletion$10,259--$10,259
All Other Expenses$9,380--$9,380
Fees for Services Accounting$8,323--$8,323
Other Employee Benefits$3,359--$3,359
Other Expenses$3,322--$3,322
Interest$3,146--$3,146
Travel$220--$220
Advertising$201--$201
Grants to Domestic Individuals$200--$200
Total Functional Expenses$277,229$0$0$277,229
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$41,930
Fundraising Direct Expenses$3,124
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Appeal$33,375$33,375$279$33,096
Golf Tournament$7,156$7,156$2,217$4,939
Total Events$40,531$40,531$2,496$38,035
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Northway Bank Credit Line$20,088
Capital One Visa$13,100
Federal Form 941 Tax Liability$3,303
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, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON WRITTEN REQUEST.

Filing and Contact Details

Filer

Filer Name
Tamworth Pre-school Inc
EIN
02-0270074
Phone
6033238300
Address
27 DURRELL ROAD, TAMWORTH, NH 03886

Signing Officer

Name
Hope Requardt
Title
Treasurer
Signed
2021-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ebony Fullilove
Legal Domicile
Nh
Voting Board Members
7
Independent Board Members
7
Employees
16
Volunteers
10

Preparer

Firm
Santoro & Sinnamon CPAs
Address
51 Mill Street Suite 9, Wolfeboro, NH 03894
Preparer
Lorena A Sinnamon CPA
Phone
8002205521
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - Section 1.263(a)1(F) De Minimis Safe Harbor Election In accordance with the referenced regulation, management's policy isto expense upon acquisition individual units of tangible property at an itemizedcost not to exceed $ 500 prior to application of other applicable depreciationcode options, including IRC Code Sections 167, 168, and/or 179.

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IRS990/OtherExpensesGrp/TotalAmt050233
IRS990/OtherExpensesGrp/TotalAmt17593
IRS990/OtherExpensesGrp/TotalAmt24194
IRS990/OtherExpensesGrp/TotalAmt33322
IRS990/OtherLiabilitiesGrp/BOYAmt044996
IRS990/OtherLiabilitiesGrp/EOYAmt036491
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0126668
IRS990/OtherSalariesAndWagesGrp/TotalAmt0126668
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt011105
IRS990/PayrollTaxesGrp/TotalAmt011105
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Ebony Fullilove
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CLASSROOM INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LESS DISCOUNTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0140320
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1-2820
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0140320
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1-2820
IRS990/ProgSrvcAccomActy2Grp/Desc0ALTERNATIVE SCHOOLING, DAY CARE SERVICES, AND FOOD NUTRITION SUPPLEMENTS ARE PROVIDED TO STUDENTS AND OTHERS IN THE ORGANIZATION'S CARE. THE ORGANIZATION IS ALSO A CONDUIT FOR US DEPT. HHS HOME SERVICE PROVIDERS. TOTAL STUDENTS SERVED AVERAGES 120.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt010259
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0114570
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0155373
IRS990/PYOtherRevenueAmt033414
IRS990/PYProgramServiceRevenueAmt0173673
IRS990/PYRevenuesLessExpensesAmt0-32679
IRS990/PYSalariesCompEmpBnftPaidAmt0198963
IRS990/PYTotalExpensesAmt0354336
IRS990/PYTotalRevenueAmt0321657
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt029214
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014044
IRS990/SavingsAndTempCashInvstGrp/EOYAmt052775
IRS990ScheduleA/SchoolInd0X
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt057494
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019865
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt077359
IRS990ScheduleD/LandGrp/BookValueAmt031249
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt031249
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06665
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0336379
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0343044
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13303
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt220088
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL ONE VISA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FEDERAL FORM 941 TAX LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NORTHWAY BANK CREDIT LINE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt095408
IRS990ScheduleD/TotalLiabilityAmt036491
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PERIODICALLY, THE ORGANIZATION PUBLISHES IN THE LOCAL NEWSPAPER A DESCRIPTION OF ITS FACILITIES, SERVICES, AND ITS NON-DISCRIMINATION POLICIES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES PAYMENTS FROM FEDERAL AND STATE GOVERNMENTS UNDER TITLES IV & XX FOR TUITION REIMBURSEMENTS AND CERTAIN FOOD SUPPLEMENTS MADE AVAILABLE TO PRE-QUALIFIED STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02496
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL APPEAL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt033375
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt07156
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt040531
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt033375
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt07156
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt040531
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt038035
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02496
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0279
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02217
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0WORK CAP
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt013300
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0LOAN FROM NANCY COVILLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - Section 1.263(a)1(F) De Minimis Safe Harbor Election In accordance with the referenced regulation, management's policy isto expense upon acquisition individual units of tangible property at an itemizedcost not to exceed $ 500 prior to application of other applicable depreciationcode options, including IRC Code Sections 167, 168, and/or 179.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Client Note 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NH
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0124427
IRS990/TotalAssetsEOYAmt0146830
IRS990/TotalAssetsGrp/BOYAmt0124427
IRS990/TotalAssetsGrp/EOYAmt0146830
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0130137
IRS990/TotalEmployeeCnt016

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