Liabilities / Assets
21st percentile
Higher debt load relative to assets than 21% of similar nonprofits.
EIN 22-3741033 • 501(c)3 • Fort Wayne, IN
Profile
To save the Leatherback turtles and other sea turtles from extinction through a variety of means. Please see the attached Statement.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
21st percentile
Higher debt load relative to assets than 21% of similar nonprofits.
Liabilities / Revenue
22nd percentile
Higher debt load relative to revenue than 22% of similar nonprofits.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
86th percentile
Faster asset growth than 86% of similar nonprofits.
Revenue Growth
89th percentile
Faster revenue growth than 89% of similar nonprofits.
Assets
Up$4,162,949
Up $1,084,246 (+35%) from 2023
Liabilities
Down$2,938
Down $28,514 (-91%) from 2023
Net Assets
Up$4,160,011
Up $1,112,760 (+37%) from 2023
Revenue
Up$1,573,985
Up $651,848 (+71%) from 2023
Expenses
Down$464,996
Down $82,719 (-15%) from 2023
Net Income
Up$1,108,989
Up $734,567 (+196%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
To save the Leatherback turtles and other sea turtles from extinction through a variety of means. Please see the attached Statement.
To save the Leatherback turtles and other sea turtles from extinction through a variety of means.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,337,965 | $2,321,570 | ▼ $16,395 |
| Investments in Publicly Traded Securities | $657,310 | $1,730,497 | ▲ $1,073,187 |
| Cash and Non-Interest-Bearing Accounts | $76,250 | $106,522 | ▲ $30,272 |
| Savings and Temporary Cash Investments | $7,178 | $4,360 | ▼ $2,818 |
| Total Assets | $3,078,703 | $4,162,949 | ▲ $1,084,246 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $31,452 | $2,938 | ▼ $28,514 |
| Total Liabilities | $31,452 | $2,938 | ▼ $28,514 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $1,327,767 | $2,395,462 | ▲ $1,067,695 |
| Net Assets Without Donor Restrictions | $1,719,484 | $1,764,549 | ▲ $45,065 |
| Total Net Assets Fund Balance | $3,047,251 | $4,160,011 | ▲ $1,112,760 |
| Total Liabilities and Net Assets / Fund Balance | $3,078,703 | $4,162,949 | ▲ $1,084,246 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $2,131,135 | - | $2,131,135 |
| Buildings | $173,485 | $201,515 | $375,000 |
| Other Land Buildings | $16,950 | $73,350 | $90,300 |
| Equipment | $0 | $8,523 | $8,523 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $526,391 | $1,000,000 | ▲ $67,695 | - | $1,594,086 |
| 2023 | $0 | $500,000 | ▲ $26,391 | - | $526,391 |
| Name | Title |
|---|---|
| James R Spotila | Chairman of the Board |
| Frank V Paladino | President |
| Eduardo Carillo Jimenez | Board Member |
| John Spotila | Board Member |
| Katherine L Mansfield | Board Member |
| Robert Raymar | Board Member |
| Shaya Honarvar | Board Member |
| Victor Montalvo Guadamuz | Board Member |
| Vince Saba | Board Member |
| Margaret Kruesi | Secretary |
| Thomas Elzey | Treasurer |
| Harold Avery | VP, Freshwater Turtles |
| Line Item | Amount |
|---|---|
| Other Expenses | $401,281 |
| Grants and Similar Amounts Paid | $63,715 |
| Total Fundraising Expense | $1,841 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Expenses | $120,733 | $0 | $0 | $120,733 |
| Travel | $85,848 | $23,899 | $0 | $109,747 |
| Grants to Domestic Individuals | $62,300 | - | - | $62,300 |
| Occupancy | $23,851 | $2,762 | $0 | $26,613 |
| All Other Expenses | $12,784 | $11,758 | $0 | $24,542 |
| Fees for Services Other | $17,761 | $0 | $0 | $17,761 |
| Fees for Services Accounting | $0 | $17,075 | $0 | $17,075 |
| Depreciation Depletion | $16,395 | $0 | $0 | $16,395 |
| Insurance | $8,140 | $2,035 | $0 | $10,175 |
| Fees for Services Legal | $8,685 | $0 | $0 | $8,685 |
| Advertising | $0 | $2,047 | $0 | $2,047 |
| Office Expenses | $0 | $1,436 | $0 | $1,436 |
| Foreign Grants | $1,415 | - | - | $1,415 |
| Total Functional Expenses | $402,143 | $61,012 | $1,841 | $464,996 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Central America | Program Services | See Part III, Line 4A & 4B | 2 | 6 | $310,776 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“James R. Spotila and John Spotila (Board Members) have a family relationship. Margaret Kruesi and James Spotila (Board Members) are married.”
“All voting members of the Governing Board receive a copy of Form 990 before it is filed. The 990 is then reviewed by the President, the Treasurer, and Audit Committee and the administrative assistant.”
“The Organization makes its governing documents and financial statements available to the public upon request during regular business hours.”
“The Organization annually requests information from officers, directors, and key employees concerning interests that could give rise to financial conflicts.”
“Other: The Leatherback Trust IRS Form 990 Statement - Part III, Line 1: The Leatherback Trust (TLT) is a 501(c)3 not-for-profit corporation with offices in Fort Wayne, IN and San Jose, Costa Rica as well as field stations at Playa Grande and Playa Cabuyal, Costa Rica. Its mission is to protect the endangered leatherback turtle, other endangered sea turtles, and freshwater turtles from extinction through a variety of creative means. TLT was instrumental in the establishment and consolidation of Parque Marino Nacional Las Baulas (Las Baulas National Park) on Playa Grande, Playa Ventanas and Playa Langosta, on the Pacific coast of Costa Rica. The Park protects the most important nesting beaches for the leatherback turtle in Central America. TLT participates in the acquisition of properties that are within the Park, in defending the integrity of the Park, and in stopping development and other activities that threaten the integrity of the Park and the survival of the leatherback turtle. TLT has developed a close working relationship with the Park Administration and the Natural Areas System (SINAC) of the Ministry of the Environment and Energy (MINAE), in order to protect the turtles and their nests from illegal activities and to enforce Park Regulations. Protection in the national park has improved considerably in the last few years. TLT also works with these other Costa Rican government agencies: Tempisque Conservation Area (ACT), Costa Rica Tourism Board (ICT), Servicio Nacional de Aguas Subterraneas, Riego y Avenamiento (SENARA), and Asociacion del Acueducto de Agua (ASADA). TLT also worked with the following Costa Rican NGOs: Instituto de Monteverde, Centro Cientifico Tropical de Puntarenas, Kuemar, Instituto de Oceanologia. Protecting the endangered leatherback in complicated and time-consuming. It involves carefully patrolling the most critical 3 miles of beach during the nesting season, which lasts from approximately October 15 through March 15. It involves measuring and tagging every nesting turtle, counting every egg laid, and removing to a guarded hatchery eggs from nests that are below the high-water line on the beach. It involves guarding every hatchling from predators, on their way into the Pacific Ocean. It involves measuring the temperature of nests during the 55-65 days it takes the eggs to hatch and making every effort to protect the nests from predators. It involves educating the Guanacaste community about the value of the turtles, their nests, and the life cycle of the East Pacific leatherback turtle, which has existed for over 100 million years. TLT has worked with the citizens of Guanacaste to align their economic interests with the preservation of Las Baulas National Park and the leatherback turtle. Although the number of nesting leatherbacks on Playa Grande has declined precipitously, it remains a primary or index beach for eastern Pacific leatherbacks. Four females nested there in 2024-2025, with an additional two leatherbacks nesting on the nearby secondary beach, Nombre de Jesus. Secondary nesting beaches, including our project further north on Playa Cabuyal, where we have collected data for 14 consecutive years, may be increasing in importance for leatherback nesting. The beach monitoring of The Leatherback Trust and the formation of the national park at Playa Grande during the 1990s stopped the poaching of leatherback eggs there. Over the next 20-25 years, tens of thousands of leatherback hatchlings returned successfully to the ocean, and we are now seeing young leatherback females return to these nesting beaches. Of the four females who nested in 2024-2025, three were new turtles, one was a re-migrant. Our data from temperature monitoring of the beach spans more than 30 years, and we have published scientific papers on the effects of global warming on sea turtle nesting. The past season had the lowest temperatures on record which favored production of males. The past season also brought extreme beach er”
“The Organization has a policy to periodically monitor its conservation easements.”
“No income or expenses resulted from conservation easements during 2024. No income was obtained from the conservation easement and no cost to maintain it was incurred beyond volunteer hours of Board members.”
“Management of the Organization considers the likelihood of changes by taxing authorities in its filed income tax returns and recognizes a liability for or discloses potential significant changes that management believes are more likely than not to occur, including changes to the Organizations status as a not-for-profit entity. Management believes the Organization met the requirements to maintain its tax-exempt status and has no income subject to unrelated business income tax, therefore no provision for income taxes has been provided in these financial statements. The Organizations income tax returns for the past three years are subject to examination by tax authorities, and may change upon examination.”
“The Jean F. Schulz Endowment will be used for conservation, research, and education.”
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/Desc | 0 | Conservation: Consolidation of Las Baulas Parque Nacional in Costa Rica and protection of approximately 5,000 Leatherback sea turtles. |
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| IRS990/FormationYr | 0 | 2000 |
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| IRS990/LegalDomicileStateCd | 0 | IN |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | To save the Leatherback turtles and other sea turtles from extinction through a variety of means. Please see the attached Statement. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3047251 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 4160011 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 3771 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1719484 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1764549 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 2762 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 23851 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 26613 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1436 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1436 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | Boat Rental |
| IRS990/OtherExpensesGrp/Desc | 1 | Supplies & Materials |
| IRS990/OtherExpensesGrp/Desc | 2 | Satellite Time |
| IRS990/OtherExpensesGrp/Desc | 3 | Compensation & Taxes (Costa Rica) |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 1841 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 0 |
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| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 14500 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 28004 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 1727 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 120733 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 14500 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 29845 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1727 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 120733 |
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| IRS990/OtherRevenueMiscGrp/Desc | 0 | Coffee Sales |
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| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | FRANK PALADINO |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Research and Education: Research data collected on the population biology and migration of approximately 500 sea turtles. Outreach to approximately 1,000 local and regional Costa Ricans regarding sea turtle biology and environmental science. |
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| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 63715 |
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| IRS990/PYExcessBenefitTransInd | 0 | false |
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| IRS990/PYOtherExpensesAmt | 0 | 469715 |
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| IRS990/PYTotalExpensesAmt | 0 | 547715 |
| IRS990/PYTotalRevenueAmt | 0 | 922137 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
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| IRS990/RegularMonitoringEnfrcInd | 0 | true |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 0 |
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| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 4360 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | Part II, Line 1 - Unusual Grants - 2023 - $500,000 and $106,885 - 2024 - $1,000,000 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | Other Income Part II, Line 10 Description: Other Income 2020: 1224. 2021: 975. 2022: 5160. 2023: 10950. 2024: 18241. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Other Addl Info |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | Pt II Ln 10 |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 308913 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 218200 |
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| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5735 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 21 |
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| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 94983 |
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| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1224 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 36550 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.48280 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.35200 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 961318 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 898200 |
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| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 308913 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 218200 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1859518 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1991051 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BoardDesignatedBalanceEOYPct | 0 | 0.00000 |
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| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 201515 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 375000 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 526391 |
| IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt | 0 | 1000000 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 1594086 |
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| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 8523 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 8523 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 2131135 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 2131135 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 16950 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 73350 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 90300 |
| IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct | 0 | 1.00000 |
| IRS990ScheduleD/ProtectionNaturalHabitatInd | 0 | X |
| IRS990ScheduleD/Section170hRqrStsfdInd | 0 | true |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Organization has a policy to periodically monitor its conservation easements. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | No income or expenses resulted from conservation easements during 2024. No income was obtained from the conservation easement and no cost to maintain it was incurred beyond volunteer hours of Board members. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | Management of the Organization considers the likelihood of changes by taxing authorities in its filed income tax returns and recognizes a liability for or discloses potential significant changes that management believes are more likely than not to occur, including changes to the Organizations status as a not-for-profit entity. Management believes the Organization met the requirements to maintain its tax-exempt status and has no income subject to unrelated business income tax, therefore no provision for income taxes has been provided in these financial statements. The Organizations income tax returns for the past three years are subject to examination by tax authorities, and may change upon examination. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 3 | The Jean F. Schulz Endowment will be used for conservation, research, and education. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt II, Line 5 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt II, Line 9 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt XII, Line 4b |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt V, Line 4 |
| IRS990ScheduleD/TermEndowmentBalanceEOYPct | 0 | 0.00000 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2321570 |
| IRS990ScheduleD/WrittenPolicyMonitoringInd | 0 | true |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 0 | 6 |
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