Civic Intelligence

The Westhaven Foundation Inc

990 • Fiscal year 2021 • EIN 26-2449732

Jul 01, 2020 to Jun 30, 2021 • Filed on May 13, 2022

188 Front Street No 116-25Franklin, TN 37064

(615) 394-7782

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

52nd percentile

9.9%

Higher net margin than 52% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

80th percentile

$7,169

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

78th percentile

44%

Faster asset growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

31st percentile

-21%

Faster revenue growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$227,113

Up $69,237 (+44%) from 2020

Net Assets

Up

$227,113

Up $79,583 (+54%) from 2020

Liabilities

Down

$0

Down $10,346 (-100%) from 2020

Revenue

Down

$167,455

Down $43,867 (-21%) from 2020

Expenses

Down

$150,861

Down $207,096 (-58%) from 2020

Net Income

Up

$16,594

Up $163,229 (+111%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $68,272Liabilities 2010: $12,931Net Assets 2010: $55,3412010Assets 2012: $156,142Liabilities 2012: $0Net Assets 2012: $156,1422012Assets 2015: $227,398Liabilities 2015: $0Net Assets 2015: $227,3982015Assets 2016: $218,102Liabilities 2016: $0Net Assets 2016: $218,1022016Assets 2017: $298,448Liabilities 2017: $0Net Assets 2017: $298,4482017Assets 2018: $314,275Liabilities 2018: $0Net Assets 2018: $314,2752018Assets 2019: $294,165Liabilities 2019: $0Net Assets 2019: $294,1652019Assets 2020: $157,876Liabilities 2020: $10,346Net Assets 2020: $147,5302020Assets 2021: $227,113Liabilities 2021: $0Net Assets 2021: $227,1132021Assets 2022: $235,284Liabilities 2022: $13,380Net Assets 2022: $221,9042022Assets 2023: $154,677Liabilities 2023: $35,315Net Assets 2023: $119,3622023Assets 2024: $155,743Liabilities 2024: $23,700Net Assets 2024: $132,0432024Assets 2025: $180,578Liabilities 2025: $30,884Net Assets 2025: $149,6942025

Highlighted filing

2021

Assets$227,113
Liabilities$0
Net Assets$227,113

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $105,701Expenses 2010: $66,934Net Income 2010: $38,7672010Expenses 2012: $259,4652012Revenue 2015: $322,583Expenses 2015: $281,872Net Income 2015: $40,7112015Revenue 2016: $340,541Expenses 2016: $349,837Net Income 2016: -$9,2962016Revenue 2017: $335,719Expenses 2017: $255,373Net Income 2017: $80,3462017Revenue 2018: $306,991Expenses 2018: $291,164Net Income 2018: $15,8272018Revenue 2019: $261,072Expenses 2019: $320,373Net Income 2019: -$59,3012019Revenue 2020: $211,322Expenses 2020: $357,957Net Income 2020: -$146,6352020Revenue 2021: $167,455Expenses 2021: $150,861Net Income 2021: $16,5942021Revenue 2022: $419,619Expenses 2022: $424,159Net Income 2022: -$4,5402022Revenue 2023: $307,604Expenses 2023: $360,071Net Income 2023: -$52,4672023Revenue 2024: $299,393Expenses 2024: $287,125Net Income 2024: $12,2682024Revenue 2025: $421,040Expenses 2025: $418,234Net Income 2025: $2,8062025

Highlighted filing

2021

Revenue$167,455
Expenses$150,861
Net Income$16,594
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 13, 2022
Return Version
2020v4.2
Gross Receipts
$167,455
Mission and Program Overview

Mission

The westhaven foundation was designed to nurture a strong sense of community spirit while enhancing the quality of life of westhaven families and the surrounding community. Dedicated to providing quality experiences where neighbors can connect, learn, have fun, and help others, the foundation empowers philanthropy and volunteerism to provide support for programs in areas such as education, cancer and disease research, the arts, and community service. "people helping people" through the foundation has resulted in more than $1 million in charitable giving since inception to impact these programs.

To serve as a leader, catalyst and resource for philanthrophy and education in order to build and enrich civic and community life for the residents of williamson county tennessee.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$185,071-
Savings and Temporary Cash Investments$121,020$26,328▼ $94,692
Cash and Non-Interest-Bearing Accounts$32,635$14,381▼ $18,254
Accounts Receivable$4,221$1,333▼ $2,888
Total Assets$157,876$227,113▲ $69,237
Liabilities
Other Liabilities$5,738$0▼ $5,738
Accounts Payable and Accrued Expenses$4,608--
Total Liabilities$10,346$0▼ $10,346
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$147,530$227,113▲ $79,583
Total Net Assets Fund Balance$147,530$227,113▲ $79,583
Total Liabilities and Net Assets / Fund Balance$157,876$227,113▲ $69,237
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Krysia RozanskaExecutive DirectorPT$7,169$7,169
Kelly WhiteExecutive DirectorPT$3,713$3,713

Board Members and Trustees

NameTitle
Jeffery CarsonPresident
Jason KaplanVice President
Matthew MagallanesVice President
Barbara WatkinsTrustee
Chas MortonTrustee
Dana HardyTrustee
Larry YarboroughTrustee
Shari LacyTrustee
Amy LawSecretary
Mark MccuthceonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$157,812
Program Service Revenue
$4,580
Investment Income
$3,563
Other Revenue
$1,500
All Other Contributions
$157,812
Change in Net Assets
$16,594
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$102,281
Grants and Similar Amounts Paid$37,442
Salaries, Compensation, and Employee Benefits$11,138
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$21,961--$21,961
Grants to Domestic Individuals$15,481--$15,481
Fees for Services Accounting-$13,064-$13,064
All Other Expenses$10,029$2,666-$12,695
Current Officers, Directors, Trustees, and Key Employees-$11,138-$11,138
Insurance-$7,804-$7,804
Other Expenses$2,506--$2,506
Information Technology-$1,653-$1,653
Total Functional Expenses$114,536$36,325$0$150,861
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Section B, Line 11B

Reviewed by management and approved by the board via meeting or electronically prior to submission.

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

Conflict of interest policy is reviewed annually and any board member with a conflict of interest cannot vote on the issue

Form 990, Part VI, Section C, Line 19

They are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Westhaven Foundation Inc
EIN
26-2449732
Phone
6153947782
Address
188 FRONT STREET NO 116-25, FRANKLIN, TN 37064

Signing Officer

Name
Jeffrey Carson
Title
President
Phone
6153947782
Signed
2022-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Carson
Formed
2007
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
9

Preparer

Firm
Vonlehman & Company Inc
Address
810 WRIGHTS SUMMIT PARKWAY SUITE, 300, FORT WRIGHT, KY 41011
Preparer
Bryan Pautsch
Phone
8593313300
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IRS990/ActivityOrMissionDesc0TO SERVE AS A LEADER, CATALYST AND RESOURCE FOR PHILANTHROPHY AND EDUCATION IN ORDER TO BUILD AND ENRICH CIVIC AND COMMUNITY LIFE FOR THE RESIDENTS OF WILLIAMSON COUNTY TENNESSEE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
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IRS990/MissionDesc0THE WESTHAVEN FOUNDATION WAS DESIGNED TO NURTURE A STRONG SENSE OF COMMUNITY SPIRIT WHILE ENHANCING THE QUALITY OF LIFE OF WESTHAVEN FAMILIES AND THE SURROUNDING COMMUNITY. DEDICATED TO PROVIDING QUALITY EXPERIENCES WHERE NEIGHBORS CAN CONNECT, LEARN, HAVE FUN, AND HELP OTHERS, THE FOUNDATION EMPOWERS PHILANTHROPY AND VOLUNTEERISM TO PROVIDE SUPPORT FOR PROGRAMS IN AREAS SUCH AS EDUCATION, CANCER AND DISEASE RESEARCH, THE ARTS, AND COMMUNITY SERVICE. "PEOPLE HELPING PEOPLE" THROUGH THE FOUNDATION HAS RESULTED IN MORE THAN $1 MILLION IN CHARITABLE GIVING SINCE INCEPTION TO IMPACT THESE PROGRAMS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0TRAILS MAINTENANCE- FUNDS RAISED TO MAINTAIN OVER TEN MILES OF HIKING TRAILS WHICH ARE APART OF THE WESTHAVEN COMMUNITY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01632
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THERE WERE MANY OTHER ACTIVITIES THAT BENEFITED THE CITIZENS OF WILLIAMSON COUNTY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt042723
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt026461
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt06080
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt063018
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt018438
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0339519
IRS990/PYOtherRevenueAmt08719
IRS990/PYProgramServiceRevenueAmt0139585
IRS990/PYRevenuesLessExpensesAmt0-146635
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0357957
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0211322
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt016594
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0121020
IRS990/SavingsAndTempCashInvstGrp/EOYAmt026328
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISC INCOME - 2019 AMOUNT: $ 8,719.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0157812
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt063018
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0162547
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0271007
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0220206
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0874590
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt024122
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt013444
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt029621
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt068209
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0154384
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08719
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08719
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84630
IRS990ScheduleA/PublicSupportPY170Pct00.92080
IRS990ScheduleA/PublicSupportTotal170Amt0805295
IRS990ScheduleA/SubstantialContributorsTotAmt069295
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0157812
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt063018
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0162547
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0271007
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0220206
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0874590
IRS990ScheduleA/TotalSupportAmt0951518
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/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt04500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt110981
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ACADEMIC SCHOLARSHIP TO STUDENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1CARE AND COMPASSION FUND
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt04
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt110
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE SCHOLARSHIPS ARE PAID DIRECTLY TO THE SCHOOL AND THE FOUNDATION FOLLOWS UP THE STUDENT AND THE SCHOOL. CARE & COMPASSION COMMITTEE UPON RECEIPT OF A REFERRAL OBTAINS CONSENSUS FROM WITHIN ITS MEMBERS. ONCE THAT IS OBTAINED, THE CHAIR OF THE COMMITTEE PRESENTS THE REFERRAL WITH THE RECOMMENDED FUNDING AMOUNT TO THE EXECUTIVE BOARD FOR FINAL APPROVAL AND TO REQUEST DISBURSEMENT OF FUNDS. AT THE FOLLOWING BOARD MEETING, THE CHAIR OF THE C & C COMMITTEE PROVIDES A REPORT OF ALL RECENT ACTIVITY INCLUDING THE STATUS OF DISBURSEMENT (WHETHER IT IS STILL PENDING OR WHETHER THE FUNDS WERE DISBURSED).
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY MANAGEMENT AND APPROVED BY THE BOARD VIA MEETING OR ELECTRONICALLY PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND ANY BOARD MEMBER WITH A CONFLICT OF INTEREST CANNOT VOTE ON THE ISSUE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THEY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0157876
IRS990/TotalAssetsEOYAmt0227113
IRS990/TotalAssetsGrp/BOYAmt0157876
IRS990/TotalAssetsGrp/EOYAmt0227113
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0157812
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036325
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0114536
IRS990/TotalFunctionalExpensesGrp/TotalAmt0150861
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010346
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt010346
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0147530
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0227113
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt042723
IRS990/TotalOtherProgSrvcGrantAmt026461
IRS990/TotalOtherProgSrvcRevenueAmt06080
IRS990/TotalProgramServiceExpensesAmt0114536
IRS990/TotalProgramServiceRevenueAmt04580
IRS990/TotalReportableCompFromOrgAmt010882
IRS990/TotalRevenueGrp/ExclusionAmt03563
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06080
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0167455
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0157876
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0227113
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0188 FRONT STREET NO 116-25
IRS990/USAddress/CityNm0FRANKLIN
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037064
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.WESTHAVENFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1

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