Civic Intelligence

Lean Enterprise Institute Inc.

990 • Fiscal year 2019 • EIN 04-3382623

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 12, 2019

27-43 Wormwood St Tower Pt No 410Boston, MA 02210

(617) 871-2900

Siviq Scores

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

Liabilities / Assets

48th percentile

0.18x

Higher debt load relative to assets than 48% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

21st percentile

0.07x

Higher debt load relative to revenue than 21% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

23rd percentile

-4.9%

Higher net margin than 23% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

85th percentile

$368,983

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

4th percentile

-19%

Faster asset growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-3.8%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$3,569,855

Down $835,219 (-19%) from 2018

Net Assets

Down

$2,917,783

Down $478,196 (-14%) from 2018

Liabilities

Down

$652,072

Down $357,023 (-35%) from 2018

Revenue

Down

$9,841,577

Down $385,436 (-3.8%) from 2018

Expenses

Down

$10,319,773

Down $231,470 (-2.2%) from 2018

Net Income

Down

-$478,196

Down $153,966 (-47%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $5,458,513Liabilities 2011: $848,763Net Assets 2011: $4,609,7502011Assets 2012: $5,035,906Liabilities 2012: $897,648Net Assets 2012: $4,138,2582012Assets 2013: $4,896,516Liabilities 2013: $936,732Net Assets 2013: $3,959,7842013Assets 2014: $5,715,370Liabilities 2014: $1,692,244Net Assets 2014: $4,023,1262014Assets 2015: $6,317,648Liabilities 2015: $1,280,917Net Assets 2015: $5,036,7312015Assets 2016: $6,562,830Liabilities 2016: $1,406,930Net Assets 2016: $5,155,9002016Assets 2017: $5,197,540Liabilities 2017: $1,477,331Net Assets 2017: $3,720,2092017Assets 2018: $4,405,074Liabilities 2018: $1,009,095Net Assets 2018: $3,395,9792018Assets 2019: $3,569,855Liabilities 2019: $652,072Net Assets 2019: $2,917,7832019Assets 2020: $4,011,209Liabilities 2020: $1,337,126Net Assets 2020: $2,674,0832020Assets 2021: $4,353,748Liabilities 2021: $1,418,141Net Assets 2021: $2,935,6072021Assets 2022: $3,751,454Liabilities 2022: $1,818,653Net Assets 2022: $1,932,8012022Assets 2023: $2,982,738Liabilities 2023: $1,556,138Net Assets 2023: $1,426,6002023Assets 2024: $3,087,005Liabilities 2024: $1,706,448Net Assets 2024: $1,380,5572024

Highlighted filing

2019

Assets$3,569,855
Liabilities$652,072
Net Assets$2,917,783

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $6,725,9562011Expenses 2012: $6,902,1692012Revenue 2013: $8,817,154Expenses 2013: $8,995,628Net Income 2013: -$178,4742013Revenue 2014: $9,241,771Expenses 2014: $9,178,429Net Income 2014: $63,3422014Revenue 2015: $10,822,684Expenses 2015: $9,809,079Net Income 2015: $1,013,6052015Revenue 2016: $10,529,386Expenses 2016: $10,410,217Net Income 2016: $119,1692016Revenue 2017: $10,603,768Expenses 2017: $12,039,459Net Income 2017: -$1,435,6912017Revenue 2018: $10,227,013Expenses 2018: $10,551,243Net Income 2018: -$324,2302018Revenue 2019: $9,841,577Expenses 2019: $10,319,773Net Income 2019: -$478,1962019Revenue 2020: $5,221,170Expenses 2020: $5,785,259Net Income 2020: -$564,0892020Revenue 2021: $5,746,296Expenses 2021: $5,560,195Net Income 2021: $186,1012021Revenue 2022: $7,052,473Expenses 2022: $7,867,204Net Income 2022: -$814,7312022Revenue 2023: $7,178,088Expenses 2023: $7,738,382Net Income 2023: -$560,2942023Revenue 2024: $7,239,853Expenses 2024: $7,365,631Net Income 2024: -$125,7782024

Highlighted filing

2019

Revenue$9,841,577
Expenses$10,319,773
Net Income-$478,196
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$10,653,396
Mission and Program Overview

Mission

To promote the widespread adoption of a set of ideas known as lean thinking.

To provide research and education to create greater efficiency and productivity in manufacturing, services and healthcare.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,477,017$1,165,597▼ $311,420
Accounts Receivable$1,750,943$969,688▼ $781,255
Inventories for Sale or Use$242,526$613,176▲ $370,650
Cash and Non-Interest-Bearing Accounts$564,392$213,492▼ $350,900
Prepaid Expenses and Deferred Charges$72,572$166,585▲ $94,013
Land, Buildings, and Equipment, Net$79,426$154,433▲ $75,007
Investments Other Securities$59,032$65,161▲ $6,129
Total Assets$4,405,074$3,569,855▼ $835,219
Other Assets Total$159,166$221,723▲ $62,557
Liabilities
Accounts Payable and Accrued Expenses$813,145$593,419▼ $219,726
Deferred Revenue$195,950$58,653▼ $137,297
Total Liabilities$1,009,095$652,072▼ $357,023
Net Assets / Fund Balance
Unrestricted Net Assets$3,395,979$2,917,783▼ $478,196
Total Net Assets Fund Balance$3,395,979$2,917,783▼ $478,196
Total Liabilities and Net Assets / Fund Balance$4,405,074$3,569,855▼ $835,219

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$73,510$307,872$381,382
Leasehold Improvements$80,923$12,659$93,582
Other Assets Org$221,723--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric BuehrensFormer President/CEOFT$348,374$20,609$368,983
Alice LeeSenior CoachFT$304,356$40,629$344,985
Mark ReichSenior CoachFT$214,564$36,639$251,203
Karen GaudetClerkFT$207,198$34,912$242,110
Joshua HowellPresident & TreasurerFT$192,201$32,386$224,587
John Y ShookSenior Advisor/former CharimanFT$192,672$20,166$212,838
James WomackSenior AdvisorFT$195,464$14,123$209,587
Thomas SkehanFormer Creative DirectorFT$185,958$23,144$209,102
JOHN P O'DONNELLFormer TreasurerFT$189,911$13,955$203,866
Joshua C RapozaFormer Customer Strategy OfficerFT$160,196$29,542$189,738
Darlene DumontFormer Public Service Program DirectorFT$171,581$17,641$189,222
Tabitha DuboisFormer Director of Finance & AdminFT$157,291$30,003$187,294
Chet MarchwinskiDirector of CommunicationsFT$132,014$24,521$156,535
Deborah McgeeLearning Activities ManagerFT$101,916$26,108$128,024
Thomas EhrenfeldSenior EditorPT$119,800$6,108$125,908
Lory MonizWeb ManagerFT$101,814$19,957$121,771

Board Members and Trustees

NameTitle
Jean CunninghamExecutive Chairman
John ToussaintDirector
Jose FerroDirector
Lynn KelleyDirector
Matthew LovejoyDirector
Peter WardDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Emc NetworkCoach13264 BLUE SHORE DRIVE, Traverse City, MI 48686$334,930
Zayko ConsultingInstructor2116 ISAAC LN, East Lansing, MI 48823-9226$289,346
Kiln LLCInstructorPO BOX 16512, Seattle, WA 98116$279,752
Ultimate Lean INCCoach9701 OVERLE DRIVE, Rockville, MD 20850$274,782
Lean Shift Consulting INCCoach12745 S SAGINAW SUITE 806 208, Grand Blanc, MI 48439$237,367
Revenue and Support

Revenue Composition

Contributions and Grants
$29,000
Program Service Revenue
$9,156,425
Investment Income
$17,869
Other Revenue
$638,283
All Other Contributions
$29,000
Change in Net Assets
$-478,196

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,841,577
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$811,819
Total Revenue per Audited Statements
$10,653,396
Total Revenue per Form 990
$9,841,577
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,614,129
Salaries, Compensation, and Employee Benefits$3,705,644
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$1,860,252$355,825-$2,216,077
Other Salaries and Wages$999,908$115,739-$1,115,647
All Other Expenses$656,572$55,807-$712,379
Occupancy$265,426$88,476-$353,902
Other Expenses$215,743$71,914-$287,657
Office Expenses$178,154$59,385-$237,539
Payroll Taxes$163,541$26,964-$190,505
Pension Plan Contributions$157,455$25,960-$183,415
Depreciation Depletion$88,010$29,337-$117,347
Travel$51,205$17,069-$68,274
Fees for Services Accounting$25,650$8,550-$34,200
Fees for Services Legal$19,812$6,604-$26,416
Fees for Services Other$17,395$5,798-$23,193
Total Functional Expenses$9,452,345$867,428$0$10,319,773

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,131,592
Expenses per Audited Statements$10,319,773
Total Expenses per Form 990$10,319,773
Expenses Not Reported on Form 990$811,819
Expenses Not Reported on Financial Statements$0
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jean CunninghamExecutive ChairRoyalties, Consulting Fees and Licensing RightsNo$180,349
John Y ShookSenior Advisor/former ChairmanRoyalties and Consulting FeesNo$93,299
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

The board of directors review and approve the irs form 990 at the annual board meeting prior to filing the form.

Form 990, Part VI, Section B, Line 12C

At annual board meetings, the conflict of interest policy is distributed to all board members along with a certification and disclosure form which is completed and signed by each board member and retained in the institute's files.

Form 990, Part VI, Section B, Line 15

An independent consultant retained by compensation committee reviewed appropriate compensation package for officers and key employees.

Form 990, Part VI, Section C, Line 19

Documents on policies and financial statements are available upon request. The financial statements are also availible online at www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Lean Enterprise Institute Inc
EIN
04-3382623
Phone
6178712900
Address
27-43 WORMWOOD ST TOWER PT NO 410, BOSTON, MA 02210

Signing Officer

Name
Joshua Howell
Title
President & Treasurer
Phone
6178712900
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jean Cunningham
Formed
1997
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
5
Employees
34
Volunteers
0

Preparer

Firm
Samet & Company Pc
Address
1330 BOYLSTON STREET, CHESTNUT HILL, MA 02467-2111
Preparer
John J Czyzewski CPA
Phone
6177311222
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Program costs included in cost of good sold - lean publications 811,819.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Program costs included in cost of goods sold-lean publications 811,819.

Raw XML AppendixShowing 400 of 838 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/Form990PartVIISectionAGrp/PersonNm17JAMES WOMACK
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt7CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt8SENIOR COACH
IRS990/Form990PartVIISectionAGrp/TitleTxt9SENIOR COACH
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIR. OF COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt11SENIOR EDITOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12LEARNING ACTIVITIES MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt13WEB MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt14FORMER PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15SENIOR ADVISOR/FORMER CHARIMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt16FORMER TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt17SENIOR ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18FORMER CUSTOMER STRATEGY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt19FORMER PUBLIC SERVICE PROGRAM DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt20FORMER DIR. OF FINANCE & ADMIN
IRS990/Form990PartVIISectionAGrp/TitleTxt21FORMER CREATIVE DIRECTOR
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE THE WIDESPREAD ADOPTION OF A SET OF IDEAS KNOWN AS LEAN THINKING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt059385
IRS990/OfficeExpensesGrp/ProgramServicesAmt0178154
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc2PROGRAM COSTS - LEAN EV
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IRS990/OtherExpensesGrp/ProgramServicesAmt2663015
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IRS990/ProgramServiceRevenueGrp/Desc0CO-LEARNING PARTNERS
IRS990/ProgramServiceRevenueGrp/Desc1WORKSHOP FEES
IRS990/ProgramServiceRevenueGrp/Desc2EVENT FEES
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IRS990/ProgramServiceRevenueGrp/Desc4SPEAKING AND ASSESSMENT
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IRS990/ProgSrvcAccomActy2Grp/Desc0LEAN PUBLICATIONS - SALES OF LEI WORKBOOKS, REFERENCE BOOKS THAT EXPLAIN THE ROOTS OF LEAN AND RELATED PRODUCTS THAT SUPPORT THE IMPLEMENTATION OF LEAN.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0638283
IRS990/ProgSrvcAccomActy3Grp/Desc0CO-LEARNING PARTNERS - INSTITUTE PERSONNEL WORK WITH ORGANIZATIONS DESIRING TO SUPPORT THE INSTITUTE'S NON-PROFIT, EDUCATION AND RESEARCH MISSION BY PARTICIPATING IN LEADERSHIP DEVELOPMENT AND CO-LEARNING ACTIVITIES AS PART OF THE ORGANIZATION'S LEARNING AND IMPROVEMENT STRATEGY. TYPICALLY THE CO-LEARNING PARTNERSHIP CONSIST OF ACTIVITIES IN FIVE CORE AREAS: 1) EXECUTIVE LEADERSHIP ENGAGEMENT; 2) TRAINING AND CAPABILITY DEVELOPMENT; 3) CO-LEARNING PROJECTS OR EXPERIMENTS; 4) INTERACTION WITH LEI PARTNERS AND THE LEI COMMUNITY; AND 5) DOCUMENTATION AND RESEARCH.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt04623033
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt05226360
IRS990/ProgSrvcAccomActyOtherGrp/Desc0LEAN EVENTS - EVENTS HIGHLIGHTING ORGANIZATIONS THAT HAVE SUSTAINED THE LEAN JOURNEY WHICH IS DESIGNED TO INTEGRATE VALUE STREAMS TO CREATE PULL FOR THE INSTITUTE'S OFFERINGS.SPEAKING AND ASSESSMENTS - INSTITUTE PERSONNEL SPEAK AND TEACH AT CONFERENCES AND EVENTS ON THE TOPIC OF LEAN THINKING.LEAN RESEARCH - A MANAGEMENT RESEARCH PROJECT TO BETTER UNDERSTAND WHY SOME ORGANIZATIONS ARE ABLE TO SUSTAIN LEAN TRANSFORMATIONS AND OTHERS ENCOUNTER PROBLEMS AND CHALLENGES THAT STALL OR END THE IMPLEMENTATION OF LEAN THINKING AND PRACTICES. THE PROJECT WILL FOCUS ON THE ROLE OF MANAGERS AND MANAGEMENT SYSTEMS IN BOTH SUCCESSFUL AND UNSUCCESSFUL TRANSFORMATIONS. NEW EDUCATIONAL PROGRAMS AND LEARNING MATERIALS WILL BE DEVELOPED FROM THIS RESEARCH.PUBLIC SERVICE VALUE NETWORK - THE OBJECTIVES ARE TO BETTER UNDERSTAND THE PROBLEMS AND NEEDS PUBLIC SERVICE ORGANIZATIONS ARE EXPERIENCING, LEARN HOW PUBLIC SERVICE AGENCIES AND ORGANIZATIONS ARE ATTEMPTING TO IMPROVE, AND EXPLORE THE DEVELOPMENT OF NEW LEAN COMMUNITIES OF PRACTICE WHERE THEY CAN MAKE AN IMPACT. THE INSTITUTE REACHES OUT TO ORGANIZATIONS IN THE PUBLIC SERVICE WORLD TO UNDERSTAND WHAT WORK IS ALREADY BEING DONE AND WHAT EXPERIMENTS PEOPLE ARE RUNNING. THE INSTITUTE IS IN THE PROCESS OF EXPLORING PARTNERSHIPS WITH ORGANIZATIONS ALREADY DOING WORK IN THIS SOCIAL GOOD SPACE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01896397
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt01928757
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.09$1.71$1.38$7.24$7.37$0.13
2023Detailed filing. Detailed filing data is available for this year.$2.98$1.56$1.43$7.18$7.74$0.56
2022Detailed filing. Detailed filing data is available for this year.$3.75$1.82$1.93$7.05$7.87$0.81
2021Detailed filing. Detailed filing data is available for this year.$4.35$1.42$2.94$5.75$5.56$0.19
2020Detailed filing. Detailed filing data is available for this year.$4.01$1.34$2.67$5.22$5.79$0.56
2019Detailed filing. Detailed filing data is available for this year.$3.57$0.65$2.92$9.84$10.3$0.48
2018Detailed filing. Detailed filing data is available for this year.$4.41$1.01$3.40$10.2$10.6$0.32
2017Detailed filing. Detailed filing data is available for this year.$5.20$1.48$3.72$10.6$12.0$1.44
2016Detailed filing. Detailed filing data is available for this year.$6.56$1.41$5.16$10.5$10.4$0.12
2015Detailed filing. Detailed filing data is available for this year.$6.32$1.28$5.04$10.8$9.81$1.01
2014Detailed filing. Detailed filing data is available for this year.$5.72$1.69$4.02$9.24$9.18$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.90$0.94$3.96$8.82$9.00$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.04$0.90$4.14$6.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.46$0.85$4.61$6.73
Peer Organizations

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