Civic Intelligence

True Colors Inc Sexual Minority Youth and Family Services of Ct

EIN 06-1537001 • 501(c)3 • Hartford, CT

Profile

True colors mission is to improve the quality of life for lesbian, gay, bisexual and transgender (lgbt) youth. We work to create a world where youth of all sexual orientations and gender identities are valued and affirmed. We challenge all forms of oppression through education, training, advocacy, youth leadership development, mentoring and direct services to youth and those responsible for their well being.

30 Arbor Street Rm/Ste 201AHartford, CT 06106

www.ourtruecolors.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.03x

Higher debt load relative to assets than 73% of similar nonprofits.

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

Liabilities / Revenue

71st percentile

0.01x

Higher debt load relative to revenue than 71% of similar nonprofits.

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

Net Margin

22nd percentile

-22%

Higher net margin than 22% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

24th percentile

-37%

Faster asset growth than 24% of similar nonprofits.

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

Revenue Growth

29th percentile

-27%

Faster revenue growth than 29% of similar nonprofits.

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

Assets

Down

$183,833

Down $105,865 (-37%) from 2019

Liabilities

Down

$6,236

Down $5,508 (-47%) from 2019

Net Assets

Down

$177,597

Down $100,357 (-36%) from 2019

Revenue

Down

$461,167

Down $168,911 (-27%) from 2019

Expenses

Up

$561,524

Up $2,208 (+0.4%) from 2019

Net Income

Down

-$100,357

Down $171,119 (-242%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2011: $283,099Liabilities 2011: $27,679Net Assets 2011: $255,4202011Assets 2012: $266,970Liabilities 2012: $29,093Net Assets 2012: $237,8772012Assets 2013: $255,052Liabilities 2013: $28,258Net Assets 2013: $226,7942013Assets 2014: $282,814Liabilities 2014: $29,968Net Assets 2014: $252,8462014Assets 2015: $313,273Liabilities 2015: $22,930Net Assets 2015: $290,3432015Assets 2016: $319,671Liabilities 2016: $26,427Net Assets 2016: $293,2442016Assets 2017: $250,911Liabilities 2017: $17,491Net Assets 2017: $233,4202017Assets 2018: $219,817Liabilities 2018: $12,625Net Assets 2018: $207,1922018Assets 2019: $289,698Liabilities 2019: $11,744Net Assets 2019: $277,9542019Assets 2020: $183,833Liabilities 2020: $6,236Net Assets 2020: $177,5972020

Highlighted filing

2020

Assets$183,833
Liabilities$6,236
Net Assets$177,597

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $502,748Expenses 2011: $469,015Net Income 2011: $33,7332011Revenue 2012: $465,014Expenses 2012: $482,557Net Income 2012: -$17,5432012Revenue 2013: $500,599Expenses 2013: $511,682Net Income 2013: -$11,0832013Revenue 2014: $544,166Expenses 2014: $513,864Net Income 2014: $30,3022014Revenue 2015: $602,004Expenses 2015: $565,338Net Income 2015: $36,6662015Revenue 2016: $617,289Expenses 2016: $614,600Net Income 2016: $2,6892016Revenue 2017: $524,504Expenses 2017: $584,328Net Income 2017: -$59,8242017Revenue 2018: $604,614Expenses 2018: $630,842Net Income 2018: -$26,2282018Revenue 2019: $630,078Expenses 2019: $559,316Net Income 2019: $70,7622019Revenue 2020: $461,167Expenses 2020: $561,524Net Income 2020: -$100,3572020

Highlighted filing

2020

Revenue$461,167
Expenses$561,524
Net Income-$100,357

Filings

Latest Detailed Filing

The latest 2020 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2018 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 22, 2019
Return Version
2018v3.1
Gross Receipts
$634,132
Mission and Program Overview

Mission

True colors mission is to improve the quality of life for lesbian, gay, bisexual and transgender (lgbt) youth. We work to create a world where youth of all sexual orientations and gender identities are valued and affirmed. We challenge all forms of oppression through education, training, advocacy, youth leadership development, mentoring and direct services to youth and those responsible for their well being.

True colors mission is to improve the quality of life for lesbian, gay, bisexual and transgender (lgbt) youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$122,603$122,662▲ $59
Cash and Non-Interest-Bearing Accounts$80,893$50,864▼ $30,029
Pledges and Grants Receivable$34,151$22,623▼ $11,528
Prepaid Expenses and Deferred Charges$4,015$11,749▲ $7,734
Land, Buildings, and Equipment, Net$5,749$7,219▲ $1,470
Total Assets$250,911$219,817▼ $31,094
Other Assets Total$3,500$4,700▲ $1,200
Liabilities
Other Liabilities$8,712$8,868▲ $156
Accounts Payable and Accrued Expenses$8,779$3,757▼ $5,022
Total Liabilities$17,491$12,625▼ $4,866
Net Assets / Fund Balance
Unrestricted Net Assets$233,420$207,192▼ $26,228
Total Net Assets Fund Balance$233,420$207,192▼ $26,228
Total Liabilities and Net Assets / Fund Balance$250,911$219,817▼ $31,094

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,848$34,252$37,100
Equipment$4,371$336$4,707
Compensation and Service Providers

Employees

NameTitleBaseTotal
Robin MchaelenExecutive Di$75,311$75,311

Board Members and Trustees

NameTitle
Carter JacksonPresident
Art WebsterDirector
Barry WaltersDirector
Cheryl SharpDirector
Elena GervinoDirector
Evelyn MantillaDirector
Sarah GilbertSecretary
Tyrone WalkerTreasurer
Jacquelynn M Russo-boudinotVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$374,315
Program Service Revenue
$204,514
Investment Income
$60
Other Revenue
$25,725
All Other Contributions
$226,831
Change in Net Assets
$-26,228

Audited Revenue Reconciliation

Revenue per Audited Statements
$604,614
Total Revenue per Audited Statements
$604,614
Total Revenue per Form 990
$604,614
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$361,507
Other Expenses$269,335
Total Fundraising Expense$4,198
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$193,631$14,186-$207,817
Conferences and Meetings$94,052--$94,052
Current Officers, Directors, Trustees, and Key Employees$61,184$11,296$2,831$75,311
Other Employee Benefits$49,579$4,958$551$55,088
Occupancy$48,441$3,092-$51,533
Office Expenses$25,029$1,633$544$27,206
Payroll Taxes$20,729$2,329$233$23,291
Information Technology$21,616$1,380-$22,996
Insurance$15,652$999-$16,651
All Other Expenses$7,725$200$39$7,964
Travel$6,755$431-$7,186
Other Expenses$4,812$410-$4,812
Depreciation Depletion$3,237--$3,237
Fees for Services Accounting$2,914$186-$3,100
Advertising$1,622$104-$1,726
Total Functional Expenses$585,440$41,204$4,198$630,842

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$630,842
Total Expenses per Audited Statements$630,842
Total Expenses per Form 990$630,842
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$55,243
Fundraising Direct Expenses$29,518
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Chocolate & Che$55,243$55,243$6,476$48,767
Total Events$55,243$55,243$29,518$25,725
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Wages$8,868
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
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

The board reviewed ther 990 with the accountants and approved the return before it was filed.

Form 990, Page 6, Part VI, Line 12C

Policy is reviewed annually by the board of directors

Form 990, Page 6, Part VI, Line 15A

The compensation for the executive director was determined and is reviewed annually by the board of directors. The group consists of individuals with strong business and nonprofit experience.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
True Colors Inc Sexual Minority
EIN
06-1537001
Phone
8602320050
Address
30 ARBOR STREET RM/STE 201A, HARTFORD, CT 06106

Signing Officer

Name
Robin Mchaelen
Title
Executive Director
Phone
8602320050
Signed
2019-07-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robin Mchaelen
Formed
1998
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
703

Preparer

Firm
London & Company
Address
231 FARMINGTON AVE, FARMINGTON, CT 06032
Preparer
Robert London CPA
Phone
8606795290
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

True colors mission is to improve the quality of life for lesbian, gay, bisexual and transgender (lgbt) youth. We work to create a world where youth of all sexual orientations and gender identities are valued and affirmed. We challenge all forms of oppression through education, training, advocacy, youth leadership development, mentoring and direct services to youth and those responsible for their well being.

Form 990, Page 2, Part III, Line 4B

The safe harbor project is a public/private partnership between true colors, the ct state department of children targeting the unique concerns and needs of lgbt youth in out-of-home care. The safe harbor project's mission is to ensure the safety, support and nurturance of all children and youth, regardless of their race, inherent sexuality, gender identity or expression by ensuring culturally competent, unbiased and affirming service by all dcf staff and its contracted providers. The safe harbor project includes a state-wide, policy-focused task force that meets monthly; staff and provider training to approximately 400 youth-serving professionals annually; foster parent recruitment for adolescents regardless of their gender or sexuality as well as individual case consultation. We provide intervention and mediation on behalf of approximately 75 youth annually, resulting in the creation of new foster homes, staff development and improved services. We provide interventions and mediation on behalf of 40 youth in the mentoring program, but we also work directly with approximately 200 youth in the youth development program and train approximately 5,000 helping professionals per year.

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IRS990/PrincipalOfficerNm0ROBIN MCHAELEN
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IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL CONFERENCE
IRS990/ProgramServiceRevenueGrp/Desc1ANNUAL CONFERENCE - SPONSORS
IRS990/ProgramServiceRevenueGrp/Desc2TRAINING
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE SAFE HARBOR PROJECT IS A PUBLIC/PRIVATE PARTNERSHIP BETWEEN TRUE COLORS, THE CT STATE DEPARTMENT OF CHILDREN TARGETING THE UNIQUE CONCERNS AND NEEDS OF LGBT YOUTH IN OUT-OF-HOME CARE. THE SAFE HARBOR PROJECT'S MISSION IS TO ENSURE THE SAFETY, SUPPORT AND NURTURANCE OF ALL CHILDREN AND YOUTH, REGARDLESS OF THEIR RACE, INHERENT SEXUALITY, GENDER IDENTITY OR EXPRESSION BY ENSURING CULTURALLY COMPETENT, UNBIASED AND AFFIRMING SERVICE BY ALL DCF STAFF AND ITS CONTRACTED PROVIDERS. THE SAFE HARBOR PROJECT INCLUDES A STATE-WIDE, POLICY-FOCUSED TASK FORCE THAT MEETS MONTHLY; STAFF AND PROVIDER TRAINING TO APPROXIMATELY 400 YOUTH-SERVING PROFESSIONALS ANNUALLY; FOSTER PARENT RECRUITMENT FOR ADOLESCENTS REGARDLESS OF THEIR GENDER OR SEXUALITY AS WELL AS INDIVIDUAL CASE CONSULTATION. WE PROVIDE INTERVENTION AND MEDIATION ON BEHALF OF APPROXIMATELY 75 YOUTH ANNUALLY, RESULTING IN THE CREATION OF NEW FOSTER HOMES, STAFF DEVELOPMENT AND IMPROVED SERVICES. WE PROVIDE INTERVENTIONS AND MEDIATION ON BEHALF OF 40 YOUTH IN THE MENTORING PROGRAM, BUT WE ALSO WORK DIRECTLY WITH APPROXIMATELY 200 YOUTH IN THE YOUTH DEVELOPMENT PROGRAM AND TRAIN APPROXIMATELY 5,000 HELPING PROFESSIONALS PER YEAR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0147484
IRS990/ProgSrvcAccomActy3Grp/Desc0TRUE COLORS PROVIDES CONNECTICUT'S ONLY LESBIAN, GAY, BISEXUAL, AND TRANSGENDER (LGBT) ONE-ON-ONE AND GROUP YOUTH MENTORING PROGRAM, BRINGING THE BENEFITS OF MENTORING DIRECTLY TO YOUTH FROM ACROSS THE STATE OF CONNECTICUT. IN ADDITION TO ONE-ON-ONE MENTORING WITH TRAINED AND SCREENED ADULTS, THIS PROGRAM PROVIDES WEEKLY GROUP ACTIVITIES SUCH AS GAME NIGHTS, MOVIE NIGHTS, DANCE, ETC. THESE ACTIVITIES PROVIDE PARTICIPATING YOUTH THE OPPORTUNITY FOR HEALTHY PEER INTERACTIONS AND SOCIAL DEVELOPMENT - SADLY LACKING FOR MOST OF THE YOUTH WE SERVE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0322884
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0327336
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0327336
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0365661
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0395324
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0544050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02006686
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt060
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0832
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0515
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt042
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0116
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01565
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0456093
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IRS990ScheduleA/PublicSupportCY170Pct00.99920
IRS990ScheduleA/PublicSupportPY170Pct00.99920
IRS990ScheduleA/PublicSupportTotal170Amt02006686
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IRS990ScheduleA/TotalSupportAmt02008251
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0336
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04707
IRS990ScheduleD/ExpensesSubtotalAmt0630842
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02848
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt034252
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt037100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08868
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED WAGES
IRS990ScheduleD/RevenueSubtotalAmt0604614
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07219
IRS990ScheduleD/TotalExpensesPerForm990Amt0630842
IRS990ScheduleD/TotalLiabilityAmt08868
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0630842
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt029518
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01200
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CHOCOLATE & CHE
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt021842
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt055243
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt055243
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06476
IRS990ScheduleG/StatesWhereGamingConductedCd0CT
IRS990ScheduleG/StatesWhereGamingConductedCd1NY
IRS990ScheduleG/StatesWhereGamingConductedCd2MA
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRUE COLORS MISSION IS TO IMPROVE THE QUALITY OF LIFE FOR LESBIAN, GAY, BISEXUAL AND TRANSGENDER (LGBT) YOUTH. WE WORK TO CREATE A WORLD WHERE YOUTH OF ALL SEXUAL ORIENTATIONS AND GENDER IDENTITIES ARE VALUED AND AFFIRMED. WE CHALLENGE ALL FORMS OF OPPRESSION THROUGH EDUCATION, TRAINING, ADVOCACY, YOUTH LEADERSHIP DEVELOPMENT, MENTORING AND DIRECT SERVICES TO YOUTH AND THOSE RESPONSIBLE FOR THEIR WELL BEING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SAFE HARBOR PROJECT IS A PUBLIC/PRIVATE PARTNERSHIP BETWEEN TRUE COLORS, THE CT STATE DEPARTMENT OF CHILDREN TARGETING THE UNIQUE CONCERNS AND NEEDS OF LGBT YOUTH IN OUT-OF-HOME CARE. THE SAFE HARBOR PROJECT'S MISSION IS TO ENSURE THE SAFETY, SUPPORT AND NURTURANCE OF ALL CHILDREN AND YOUTH, REGARDLESS OF THEIR RACE, INHERENT SEXUALITY, GENDER IDENTITY OR EXPRESSION BY ENSURING CULTURALLY COMPETENT, UNBIASED AND AFFIRMING SERVICE BY ALL DCF STAFF AND ITS CONTRACTED PROVIDERS. THE SAFE HARBOR PROJECT INCLUDES A STATE-WIDE, POLICY-FOCUSED TASK FORCE THAT MEETS MONTHLY; STAFF AND PROVIDER TRAINING TO APPROXIMATELY 400 YOUTH-SERVING PROFESSIONALS ANNUALLY; FOSTER PARENT RECRUITMENT FOR ADOLESCENTS REGARDLESS OF THEIR GENDER OR SEXUALITY AS WELL AS INDIVIDUAL CASE CONSULTATION. WE PROVIDE INTERVENTION AND MEDIATION ON BEHALF OF APPROXIMATELY 75 YOUTH ANNUALLY, RESULTING IN THE CREATION OF NEW FOSTER HOMES, STAFF DEVELOPMENT AND IMPROVED SERVICES. WE PROVIDE INTERVENTIONS AND MEDIATION ON BEHALF OF 40 YOUTH IN THE MENTORING PROGRAM, BUT WE ALSO WORK DIRECTLY WITH APPROXIMATELY 200 YOUTH IN THE YOUTH DEVELOPMENT PROGRAM AND TRAIN APPROXIMATELY 5,000 HELPING PROFESSIONALS PER YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWED THER 990 WITH THE ACCOUNTANTS AND APPROVED THE RETURN BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3POLICY IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION FOR THE EXECUTIVE DIRECTOR WAS DETERMINED AND IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. THE GROUP CONSISTS OF INDIVIDUALS WITH STRONG BUSINESS AND NONPROFIT EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0250911
IRS990/TotalAssetsEOYAmt0219817
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IRS990/TravelGrp/TotalAmt07186
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