Civic Intelligence

Reeves - Reed Arboretum

990 • Fiscal year 2015 • EIN 23-7335987

Jan 01, 2015 to Dec 31, 2015 • Filed on May 02, 2016

165 Hobart AvenueSummit, NJ 07901

(908) 273-8787

Siviq Scores

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

Liabilities / Assets

60th percentile

0.08x

Higher debt load relative to assets than 60% of similar nonprofits.

2015 filings • NTEE C • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

79th percentile

0.23x

Higher debt load relative to revenue than 79% of similar nonprofits.

2015 filings • NTEE C • $1M-$5M nonprofits • Source year 2015

Net Margin

35th percentile

2.1%

Higher net margin than 35% of similar nonprofits.

2015 filings • NTEE C • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

30th percentile

$0

Higher top officer pay than 30% of similar nonprofits.

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

2015 filings • NTEE C • $1M-$5M nonprofits • Source year 2015

Asset Growth

41st percentile

1.8%

Faster asset growth than 41% of similar nonprofits.

2015 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

54th percentile

13%

Faster revenue growth than 54% of similar nonprofits.

2015 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$2,413,295

Up $43,319 (+1.8%) from 2014

Net Assets

Down

$2,224,723

Down $2,878 (-0.1%) from 2014

Liabilities

Up

$188,572

Up $46,197 (+32%) from 2014

Revenue

Up

$827,462

Up $93,002 (+13%) from 2014

Expenses

Up

$810,314

Up $59,978 (+8.0%) from 2014

Net Income

Up

$17,148

Up $33,024 (+208%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $2,311,357Liabilities 2013: $137,911Net Assets 2013: $2,173,4462013Assets 2014: $2,369,976Liabilities 2014: $142,375Net Assets 2014: $2,227,6012014Assets 2015: $2,413,295Liabilities 2015: $188,572Net Assets 2015: $2,224,7232015Assets 2016: $2,458,037Liabilities 2016: $191,032Net Assets 2016: $2,267,0052016Assets 2017: $2,598,440Liabilities 2017: $234,862Net Assets 2017: $2,363,5782017Assets 2018: $2,475,431Liabilities 2018: $298,026Net Assets 2018: $2,177,4052018Assets 2019: $2,563,758Liabilities 2019: $41,293Net Assets 2019: $2,522,4652019Assets 2020: $2,990,743Liabilities 2020: $267,855Net Assets 2020: $2,722,8882020Assets 2021: $4,297,443Liabilities 2021: $41,070Net Assets 2021: $4,256,3732021Assets 2022: $3,978,596Liabilities 2022: $46,304Net Assets 2022: $3,932,2922022Assets 2023: $4,256,948Liabilities 2023: $51,252Net Assets 2023: $4,205,6962023Assets 2024: $4,841,376Liabilities 2024: $76,683Net Assets 2024: $4,764,6932024

Highlighted filing

2015

Assets$2,413,295
Liabilities$188,572
Net Assets$2,224,723

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $905,416Expenses 2013: $771,915Net Income 2013: $133,5012013Revenue 2014: $734,460Expenses 2014: $750,336Net Income 2014: -$15,8762014Revenue 2015: $827,462Expenses 2015: $810,314Net Income 2015: $17,1482015Revenue 2016: $866,449Expenses 2016: $876,826Net Income 2016: -$10,3772016Revenue 2017: $907,454Expenses 2017: $907,761Net Income 2017: -$3072017Revenue 2018: $791,302Expenses 2018: $913,417Net Income 2018: -$122,1152018Revenue 2019: $1,047,988Expenses 2019: $909,833Net Income 2019: $138,1552019Revenue 2020: $879,417Expenses 2020: $837,810Net Income 2020: $41,6072020Revenue 2021: $2,237,628Expenses 2021: $903,833Net Income 2021: $1,333,7952021Revenue 2022: $1,251,673Expenses 2022: $1,154,499Net Income 2022: $97,1742022Revenue 2023: $1,197,018Expenses 2023: $1,302,660Net Income 2023: -$105,6422023Revenue 2024: $1,586,006Expenses 2024: $1,423,421Net Income 2024: $162,5852024

Highlighted filing

2015

Revenue$827,462
Expenses$810,314
Net Income$17,148
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 2, 2016
Return Version
2015v2.1
Gross Receipts
$968,825
Mission and Program Overview

Mission

The reeves-reed arboretum seeks to engage, educate and enrich its visitors so they may become better stewards of nature and the environment. We achieve this mission through the care and utilization of an historic estate and gardens.

Arboretum dedicated to public education and preservation of an historic country estate.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,283,235$1,171,166▼ $112,069
Land, Buildings, and Equipment, Net$658,493$621,318▼ $37,175
Savings and Temporary Cash Investments$357,589$575,057▲ $217,468
Cash and Non-Interest-Bearing Accounts$45,387$23,661▼ $21,726
Prepaid Expenses and Deferred Charges$3,809$6,625▲ $2,816
Accounts Receivable$7,020$1,025▼ $5,995
Total Assets$2,369,976$2,413,295▲ $43,319
Other Assets Total$14,443$14,443→ $0
Liabilities
Deferred Revenue$125,628$168,802▲ $43,174
Accounts Payable and Accrued Expenses$10,516$13,851▲ $3,335
Other Liabilities$6,231$5,919▼ $312
Total Liabilities$142,375$188,572▲ $46,197
Net Assets / Fund Balance
Unrestricted Net Assets$1,026,947$1,021,688▼ $5,259
Permanently Rstr Net Assets$646,569$646,569→ $0
Temporarily Rstr Net Assets$554,085$556,466▲ $2,381
Total Net Assets Fund Balance$2,227,601$2,224,723▼ $2,878
Total Liabilities and Net Assets / Fund Balance$2,369,976$2,413,295▲ $43,319

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$614,902$1,945,380$2,560,282
Equipment$6,416$195,606$202,022

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$1,278,384-▼ $1,220$-13,201$1,263,963
2014$1,261,168-▲ $83,873$-66,657$1,278,384
2013$1,173,799-▲ $199,369$-112,000$1,261,168
2012$1,134,032$8,000▲ $110,199$-78,432$1,173,799
2011$1,089,973$31,530▲ $38,904$-26,375$1,134,032
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cameron McclearnPresident
Tom UckoVice President
Christopher MckeeBoard Member
Eric MendelsohnBoard Member
Holly BrownBoard Member
Lauren PardoBoard Member
Lori LeiterBoard Member
Mary CoughlinBoard Member
Mary KentBoard Member
Nancy QuinnBoard Member
Nick MckeeBoard Member
Pam GumportBoard Member
Ruth ZamoytaBoard Member
Sandra McternanBoard Member
Sarah MunroeBoard Member
Scott HaywardBoard Member
Suzanne DavidSecretary
Peter RuschmeierTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$523,677
Program Service Revenue
$86,725
Investment Income
$21,092
Other Revenue
$195,968
All Other Contributions
$349,197
Change in Net Assets
$17,148

Audited Revenue Reconciliation

Revenue per Audited Statements
$827,462
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$113,898
Total Revenue per Audited Statements
$941,360
Total Revenue per Form 990
$827,462
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$457,199
Other Expenses$353,115
Total Fundraising Expense$105,472
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$217,921$25,714$37,098$280,733
Depreciation Depletion$87,545$10,299$5,149$102,993
Current Officers, Directors, Trustees, and Key Employees$50,000$25,000$25,000$100,000
Occupancy$35,625$6,743$8,257$50,625
Payroll Taxes$28,450$5,385$6,594$40,429
Other Employee Benefits$25,359$4,800$5,878$36,037
Office Expenses$23,744$4,495$5,503$33,742
Insurance$9,440$1,787$2,188$13,415
All Other Expenses$7,849$1,313$1,376$10,538
Other Expenses$3,567$675$827$5,069
Total Functional Expenses$598,065$106,777$105,472$810,314

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$944,238
Expenses per Audited Statements$810,314
Total Expenses per Form 990$810,314
Expenses Not Reported on Form 990$133,924
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$246,393
Fundraising Direct Expenses$141,363
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art in the Garden$249,475$160,125$35,571$124,554
House Tours$50,263$42,913$17,220$25,693
Total Events$357,093$246,393$141,363$105,030
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$5,244
Membership Received in Advance$675
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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 8B

No committee may act on behalf of the board.

Form 990, Part VI, Section B, Line 11

The 990 is reviewed by the board treasurer prior to filing. A report is made to the board by the treasurer, and copies of the 990 are provided to board members upon request.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements available on request.

Filing and Contact Details

Filer

Filer Name
Reeves - Reed Arboretum
EIN
23-7335987
Phone
9082738787
Address
165 HOBART AVENUE, SUMMIT, NJ 07901

Signing Officer

Name
Frank Juliano
Title
Executive Director
Phone
9082738787
Signed
2016-05-02

Organization Details

Principal Officer
Frank Juliano
Formed
1974
Legal Domicile
Nj
Voting Board Members
14
Independent Board Members
14
Employees
12
Volunteers
1,033

Preparer

Firm
James M Wood CPA
Address
603B OMNI DRIVE, HILLSBOROUGH, NJ 08844
Preparer
James M Wood
Phone
9084311700
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Donated services -130,424.

Financial Statement Notes

PART V, LINE 4:

Education and horticultural activities

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IRS990/Desc0HORTICULTUREREEVES-REED ARBORETUM IS A 13.5 ACRE ESTATE. IT WAS SELECTED TO BE PUT ON THE NATIONAL REGISTER OF HISTORIC PLACES IN 1993 AND ON THE NJ REGISTER OF HISTORIC PLACES IN 1993 AS WELL. TODAY THE ESTATE IS A SUBURBAN ARBORETUM.THE MAIN HOUSE (WISNER HOUSE) WAS CONSTRUCTED IN 1889. IT WAS DESIGNED BY THE ARCHITECTURAL FIRM OF BABB COOK AND WILLARD AND IS AN EXAMPLE OF THE COLONIAL REVIVAL STYLE HOUSE. THIS STYLE HOUSE IS REPRESENTATIVE OF THE ARCHITECTURE THAT WAS PREDOMINANT IN THE NORTHEAST DURING THIS PERIOD.THE FORMAL GARDENS ARE REPRESENTATIVE OF THE 1920S ERA OF LANDSCAPE ARCHITECTURE. A FORMAL ROSE GARDEN, AZALEA AND RHODODENDRON, PERENNIAL BORDERS AND ROCK GARDENS COMPRISE THE FORMAL AREAS. SOME OF THE AREAS ARE HANDICAP ACCESSIBLE. BEYOND THE FORMAL GARDENS, MANY EDUCATIONAL GARDEN AREAS HAVE BEEN DEVELOPED TO TEACH THE PUBLIC ABOUT PLANTS THAT ARE USED HORTICULTURALLY, AS WELL AS NATIVE SPECIES THAT HAVE BEEN REINTRODUCED INTO THE GARDEN. THE COLLECTIONS ARE APPROPRIATELY IDENTIFIED AND SIGNAGE IS UTILIZED TO EDUCATE THE PUBLIC. THERE IS A 672 SQUARE FOOT GREENHOUSE THAT HOUSES COLLECTIONS OF ORCHIDS AND CACTI AND SUCCULENTS AS WELL AS OLIVE, COFFEE, BANANA AND ORANGE TREES. IT IS ALSO USED AS A CLASSROOM.FOR 10 MONTHS OF THE YEAR THE GLACIAL BOWL TO THE SOUTH OF THE MAIN HOUSE IS A CERTIFIED NATIVE WILDLIFE HABITAT THAT HAS BEEN PLANTED TO ATTRACT SONG BIRDS, BEES AND BUTTERFLIES. THERE ARE 2 ACTIVE BEEHIVES. WILDFLOWERS AND FERNS HAVE BEEN PLANTED TO DEMONSTRATE THE SUSTAINABILITY OF NATIVE LANDSCAPING. WE MANAGE 6 ACRES OF NATIVE HARDWOOD FOREST AS AN EDUCATIONAL TOOL TO TEACH THE MANY SCHOOL AGE CHILDREN WHO COME TO THE ARBORETUM.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
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IRS990/GrantToRelatedPersonInd00
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IRS990/InsuranceGrp/FundraisingAmt02188
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IRS990/InsuranceGrp/ProgramServicesAmt09440
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IRS990/MissionDesc0THE REEVES-REED ARBORETUM SEEKS TO ENGAGE, EDUCATE AND ENRICH ITS VISITORS SO THEY MAY BECOME BETTER STEWARDS OF NATURE AND THE ENVIRONMENT. WE ACHIEVE THIS MISSION THROUGH THE CARE AND UTILIZATION OF AN HISTORIC ESTATE AND GARDENS.
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IRS990/OccupancyGrp/FundraisingAmt08257
IRS990/OccupancyGrp/ManagementAndGeneralAmt06743
IRS990/OccupancyGrp/ProgramServicesAmt035625
IRS990/OccupancyGrp/TotalAmt050625
IRS990/OfficeExpensesGrp/FundraisingAmt05503
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IRS990/OfficeExpensesGrp/ProgramServicesAmt023744
IRS990/OfficeExpensesGrp/TotalAmt033742
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04800
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt025359
IRS990/OtherEmployeeBenefitsGrp/TotalAmt036037
IRS990/OtherExpensesGrp/Desc0GROUNDS ENHANCEMENT
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL FEES
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IRS990/OtherExpensesGrp/Desc3TRAINING
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt17592
IRS990/OtherExpensesGrp/FundraisingAmt210
IRS990/OtherExpensesGrp/FundraisingAmt3827
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23866
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3675
IRS990/OtherExpensesGrp/ProgramServicesAmt057388
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IRS990/OtherExpensesGrp/ProgramServicesAmt218421
IRS990/OtherExpensesGrp/ProgramServicesAmt33567
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IRS990/OtherExpensesGrp/TotalAmt157048
IRS990/OtherExpensesGrp/TotalAmt222297
IRS990/OtherExpensesGrp/TotalAmt35069
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025714
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0217921
IRS990/OtherSalariesAndWagesGrp/TotalAmt0280733
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06594
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05385
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IRS990/PayrollTaxesGrp/TotalAmt040429
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03809
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06625
IRS990/PrincipalOfficerNm0FRANK JULIANO
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IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION ACTIVITIES
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IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATIONEDUCATIONAL PROGRAMS ARE OFFERED FOR CHILDREN AND ADULTS INCLUDING:HANDS TO NATURE, A FIELD TRIP PROGRAM FOR NEWARK AND PLAINFIELD ELEMENTARY AGE STUDENTS;NATURED-THEMED BIRTHDAY PARTIES; A SERIES OF NATURE PROGRAMS FOR FAMILIES;A SERIES OF SUMMER CAMP OPTIONS INCLUDING: ELEPHANT TREE NATURE CAMP FOR AGES 4-9; THEATRE AND FINE ARTS CAMPS WITH A FOCUS ON NATURE AND THE NATURAL WORLD (AGES 4 TO 18); A HIKING CAMP TO EXPLORE SOME OF NJ'S MOST SPECTACULAR TRAILS, FOR AGES 13 TO 16; AND THE RIVER PROJECT CAMP FOR AGES 10 TO 12, FOCUSING ON THE WATERSHEDS, PASSAIC RIVER, ETC.ROSE GARDENING WORKSHOPS.CONTAINER GARDENING WORKSHOPS.DESIGNING THE FOUR SEASON GARDEN.PHOTOGRAPHY - LEARN HOW TO PHOTOGRAPH FLOWERS AND GARDENS.INTERPRATIVE SIGNAGE HAS BEEN INSTALLED THAT DESCRIBES THE HISTORY OF THE PROPERTY AND ITS SIGNIFICANCE FROM A LANDSCAPE DESIGN.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0220208
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt086725
IRS990/ProgSrvcAccomActy3Grp/Desc0PUBLIC RELATIONSTHE ARBORETUM GROUNDS ARE OPEN ALL YEAR ROUND, DAWN TO DUSK, FOR PUBLIC ENJOYMENT AND STUDY WITHOUT AN ADMISSION CHARGE. THE ARBORETUM ALSO HOSTS TWO MAJOR GALLERY EXHIBITIS PER YEAR, ALIGNING WITH THE MISSION OF THE INSTITUTION, PROVIDING THE EDUCATION DEPARTMENT AN OPPORTUNITY TO EXPAND THEIR CURRICULUM, AND DRAWING ON ARTWORKS FROM NATIONALLY AND INTERNATIONALLY RECOGNIZED ARTISTS. IN 2015, RRA WELCOMED OVER 100,000 VISITORS TO THE GROUNDS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt083335
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IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYProgramServiceRevenueAmt075085
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IRS990/PYSalariesCompEmpBnftPaidAmt0412214
IRS990/PYTotalExpensesAmt0750336
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0734460
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IRS990/ReconcilationRevenueExpnssAmt017148
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0575057
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0367053
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0536530
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0322502
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0480237
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0120308
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0125076
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0601392
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0174582
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0125076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0601392

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