Civic Intelligence

Jazz Education Network

990 • Fiscal year 2023 • EIN 26-2880358

Jul 01, 2022 to Jun 30, 2023 • Filed on Feb 24, 2024

1440 W Taylor St 1135Chicago, IL 60607-4623

(312) 781-6299

Siviq Scores

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

Liabilities / Assets

75th percentile

0.20x

Higher debt load relative to assets than 75% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

69th percentile

0.11x

Higher debt load relative to revenue than 69% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

19th percentile

-16%

Higher net margin than 19% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

14th percentile

-14%

Faster asset growth than 14% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

16th percentile

-22%

Faster revenue growth than 16% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$321,750

Down $53,464 (-14%) from 2022

Net Assets

Down

$258,076

Down $88,246 (-25%) from 2022

Liabilities

Up

$63,674

Up $34,782 (+120%) from 2022

Revenue

Down

$562,075

Down $162,245 (-22%) from 2022

Expenses

Up

$650,321

Up $31,039 (+5.0%) from 2022

Net Income

Down

-$88,246

Down $193,284 (-184%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $210,098Liabilities 2014: $0Net Assets 2014: $210,0982014Assets 2015: $267,376Liabilities 2015: $0Net Assets 2015: $267,3762015Assets 2016: $294,889Liabilities 2016: $0Net Assets 2016: $294,8892016Assets 2017: $334,408Liabilities 2017: $0Net Assets 2017: $334,4082017Assets 2018: $308,881Liabilities 2018: $388Net Assets 2018: $308,4932018Assets 2019: $343,104Liabilities 2019: $2,856Net Assets 2019: $340,2482019Assets 2020: $297,890Liabilities 2020: $28,405Net Assets 2020: $269,4852020Assets 2021: $323,239Liabilities 2021: $39,832Net Assets 2021: $283,4072021Assets 2022: $375,214Liabilities 2022: $28,892Net Assets 2022: $346,3222022Assets 2023: $321,750Liabilities 2023: $63,674Net Assets 2023: $258,0762023Assets 2024: $495,935Liabilities 2024: $67,066Net Assets 2024: $428,8692024

Highlighted filing

2023

Assets$321,750
Liabilities$63,674
Net Assets$258,076

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $355,194Expenses 2014: $321,636Net Income 2014: $33,5582014Revenue 2015: $441,770Expenses 2015: $384,492Net Income 2015: $57,2782015Revenue 2016: $370,292Expenses 2016: $342,779Net Income 2016: $27,5132016Revenue 2017: $491,053Expenses 2017: $451,534Net Income 2017: $39,5192017Revenue 2018: $512,627Expenses 2018: $525,051Net Income 2018: -$12,4242018Revenue 2019: $608,695Expenses 2019: $576,940Net Income 2019: $31,7552019Revenue 2020: $567,100Expenses 2020: $632,150Net Income 2020: -$65,0502020Revenue 2021: $379,076Expenses 2021: $365,154Net Income 2021: $13,9222021Revenue 2022: $724,320Expenses 2022: $619,282Net Income 2022: $105,0382022Revenue 2023: $562,075Expenses 2023: $650,321Net Income 2023: -$88,2462023Revenue 2024: $772,491Expenses 2024: $601,698Net Income 2024: $170,7932024

Highlighted filing

2023

Revenue$562,075
Expenses$650,321
Net Income-$88,246
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Feb 24, 2024
Return Version
2022v5.0
Gross Receipts
$562,075
Mission and Program Overview

Mission

The jazz education network is dedicated to building the jazz arts community by advancing education, promoting performance, and developing new audiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$266,144$176,399▼ $89,745
Investments in Publicly Traded Securities$86,943$96,412▲ $9,469
Accounts Receivable$12,325$37,082▲ $24,757
Prepaid Expenses and Deferred Charges$9,802$11,857▲ $2,055
Total Assets$375,214$321,750▼ $53,464
Liabilities
Deferred Revenue$26,690$45,230▲ $18,540
Accounts Payable and Accrued Expenses$2,202$18,444▲ $16,242
Total Liabilities$28,892$63,674▲ $34,782
Net Assets / Fund Balance
Net Assets With Donor Restrictions$139,418$175,175▲ $35,757
Net Assets Without Donor Restrictions$206,904$82,901▼ $124,003
Total Net Assets Fund Balance$346,322$258,076▼ $88,246
Total Liabilities and Net Assets / Fund Balance$375,214$321,750▼ $53,464

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$4,739$4,739
Equipment-$2,545$2,545
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lonnie DavisPresident
Jose DiazPresident El
Ayn InsertoDirector
Doug DuboffDirector
Laura GentryDirector
Mary Jo PapichDirector
Pharez WhittedDirector
Roxy CossDirector
Tia FullerDirector
Tim FellowDirector
Todd StollDirector
Trineice Robinson MartinDirector
Sean JonesPast Preside
David KauffmanSecretary
Dustin RohrerTreasurer
Ashley ShabankarehVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$324,469
Program Service Revenue
$237,606
Investment Income
$0
Other Revenue
$0
All Other Contributions
$104,206
Change in Net Assets
$-88,246

Audited Revenue Reconciliation

Revenue per Audited Statements
$562,075
Total Revenue per Audited Statements
$562,075
Total Revenue per Form 990
$562,075
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$412,135
Salaries, Compensation, and Employee Benefits$215,686
Total Fundraising Expense$66,312
Grants and Similar Amounts Paid$22,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$121,671$33,320$42,406$197,397
Conferences and Meetings$185,943--$185,943
Travel$95,062$7,010$472$102,544
Fees for Services Other$10,817$20,077$1,417$32,311
Office Expenses$14,506$4,008$10,186$28,700
Grants to Domestic Individuals$22,500--$22,500
Payroll Taxes$11,273$3,087$3,929$18,289
Advertising$7,877$1,718$7,503$17,098
Fees for Services Accounting-$12,453-$12,453
Insurance$114$3,440-$3,554
Information Technology$1,824$34$385$2,243
Other Expenses$11,549$235$14$235
Total Functional Expenses$483,867$100,142$66,312$650,321

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$650,321
Total Expenses per Audited Statements$650,321
Total Expenses per Form 990$650,321
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
Audit committee
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The members of this corporation shall be those persons or organizations who support the purposes of the corporation and pay the required dues for membership. Members shall be entitled to all rights and benefits in accordance wiht the provisions of these bylaws. No person shall be rejected from membership due to race, religion, physical or mental impairment, national origin, sex or age.

Form 990, Page 6, Part VI, Line 7A

Each member in a voting eligible membership category and in good standing shall be entitled to a single vote on such matters as: the election of the board, ratify amendments to the bylaws as per article viii, section 8.1; proposal of a merger or dissolution; the sale of major assets of the corporation or other issues submitted to a vote of the membership. Each corporate, institutional, or affiliate network member shall designate one representative to vote on any matters submitted to the general membership.

Form 990, Page 6, Part VI, Line 7B

Each member in a voting eligible membership category and in good standing shall be entitled to a single vote on such matters as: the election of the board, ratify amendments to the bylaws as per article viii, section 8.1; proposal of a merger or dissolution; the sale of major assets of the corporation or other issues submitted to a vote of the membership. Each corporate, institutional, or affiliate network member shall designate one representative to vote on any matters submitted to the general membership.

Form 990, Page 6, Part VI, Line 11B

The board of directors review the form 990 prior to filing with the internal revenue service.

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

The board of directors and officers of the corporation shall conduct its affairs under the provisions of illinois state law and shall annually disclose their involvement or interest in any contract relating to or incidental to the operations before the corporation, which may be the subject of consideration for the award of a contract, agreement or grant to or from the corporation; and abstain from participation in the consideration of any contract, agreement, purchase or grant award to any agency or vendor with which such member is associated or which he/she has a personal interest or as trustees of trusts, or as agents for other persons or corporations, or may be interested in the same matters as stockholders, directors, or otherwise; provided, however, that any contract transaction, or act on behalf of the corporation in a matter in which the board of directors and officers are personally interested as stockholders, directors, or otherwise shall be at arm's length on any transaction or would result in the denial of tax exemption under the internal revenue code and its regulations as they now exist or as they may hereafter be amended.

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

The executive and personnel committees review relevant data and propose salary increased for board approval. The full board then reviews and acts on the proposal.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Jazz Education Network
EIN
26-2880358
Phone
3127816299
Address
1440 W TAYLOR ST 1135, CHICAGO, IL 60607-4623

Signing Officer

Name
Dustin Rohrer
Title
Treasurer
Phone
3127816299
Signed
2024-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dustin Rohrer
Formed
2008
Legal Domicile
Il
Voting Board Members
16
Independent Board Members
16
Employees
6
Volunteers
100

Preparer

Firm
Bountiful Peak Advisors
Address
1564 SOUTH 500 WEST SUITE 201, BOUNTIFUL, UT 84010-7400
Preparer
Justin R Shaw CPA Cfe Cgma
Phone
8012943155
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IRS990/MembersOrStockholdersInd0true
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IRS990/MissionDesc0THE JAZZ EDUCATION NETWORK IS DEDICATED TO BUILDING THE JAZZ ARTS COMMUNITY BY ADVANCING EDUCATION, PROMOTING PERFORMANCE, AND DEVELOPING NEW AUDIENCES.
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IRS990/OfficeExpensesGrp/FundraisingAmt010186
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04008
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IRS990/OperateHospitalInd0false
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IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0BANK FEES
IRS990/OtherExpensesGrp/Desc1MEMBER BENEFITS
IRS990/OtherExpensesGrp/Desc2LICENSING
IRS990/OtherExpensesGrp/FundraisingAmt014
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014760
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1235
IRS990/OtherExpensesGrp/ProgramServicesAmt0731
IRS990/OtherExpensesGrp/ProgramServicesAmt111549
IRS990/OtherExpensesGrp/TotalAmt015505
IRS990/OtherExpensesGrp/TotalAmt111549
IRS990/OtherExpensesGrp/TotalAmt2235
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt033320
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0121671
IRS990/OtherSalariesAndWagesGrp/TotalAmt0197397
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03929
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03087
IRS990/PayrollTaxesGrp/ProgramServicesAmt011273
IRS990/PayrollTaxesGrp/TotalAmt018289
IRS990/PoliticalCampaignActyInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011857
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IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL CONFERENCE
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0237606
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0287524
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0267131
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01652501
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0381
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt073
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt02545
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02545
IRS990ScheduleD/ExpensesSubtotalAmt0650321
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04739
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04739
IRS990ScheduleD/RevenueSubtotalAmt0562075
IRS990ScheduleD/TotalExpensesPerForm990Amt0650321
IRS990ScheduleD/TotalRevenuePerForm990Amt0562075
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0650321
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF THIS CORPORATION SHALL BE THOSE PERSONS OR ORGANIZATIONS WHO SUPPORT THE PURPOSES OF THE CORPORATION AND PAY THE REQUIRED DUES FOR MEMBERSHIP. MEMBERS SHALL BE ENTITLED TO ALL RIGHTS AND BENEFITS IN ACCORDANCE WIHT THE PROVISIONS OF THESE BYLAWS. NO PERSON SHALL BE REJECTED FROM MEMBERSHIP DUE TO RACE, RELIGION, PHYSICAL OR MENTAL IMPAIRMENT, NATIONAL ORIGIN, SEX OR AGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER IN A VOTING ELIGIBLE MEMBERSHIP CATEGORY AND IN GOOD STANDING SHALL BE ENTITLED TO A SINGLE VOTE ON SUCH MATTERS AS: THE ELECTION OF THE BOARD, RATIFY AMENDMENTS TO THE BYLAWS AS PER ARTICLE VIII, SECTION 8.1; PROPOSAL OF A MERGER OR DISSOLUTION; THE SALE OF MAJOR ASSETS OF THE CORPORATION OR OTHER ISSUES SUBMITTED TO A VOTE OF THE MEMBERSHIP. EACH CORPORATE, INSTITUTIONAL, OR AFFILIATE NETWORK MEMBER SHALL DESIGNATE ONE REPRESENTATIVE TO VOTE ON ANY MATTERS SUBMITTED TO THE GENERAL MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER IN A VOTING ELIGIBLE MEMBERSHIP CATEGORY AND IN GOOD STANDING SHALL BE ENTITLED TO A SINGLE VOTE ON SUCH MATTERS AS: THE ELECTION OF THE BOARD, RATIFY AMENDMENTS TO THE BYLAWS AS PER ARTICLE VIII, SECTION 8.1; PROPOSAL OF A MERGER OR DISSOLUTION; THE SALE OF MAJOR ASSETS OF THE CORPORATION OR OTHER ISSUES SUBMITTED TO A VOTE OF THE MEMBERSHIP. EACH CORPORATE, INSTITUTIONAL, OR AFFILIATE NETWORK MEMBER SHALL DESIGNATE ONE REPRESENTATIVE TO VOTE ON ANY MATTERS SUBMITTED TO THE GENERAL MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEW THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS AND OFFICERS OF THE CORPORATION SHALL CONDUCT ITS AFFAIRS UNDER THE PROVISIONS OF ILLINOIS STATE LAW AND SHALL ANNUALLY DISCLOSE THEIR INVOLVEMENT OR INTEREST IN ANY CONTRACT RELATING TO OR INCIDENTAL TO THE OPERATIONS BEFORE THE CORPORATION, WHICH MAY BE THE SUBJECT OF CONSIDERATION FOR THE AWARD OF A CONTRACT, AGREEMENT OR GRANT TO OR FROM THE CORPORATION; AND ABSTAIN FROM PARTICIPATION IN THE CONSIDERATION OF ANY CONTRACT, AGREEMENT, PURCHASE OR GRANT AWARD TO ANY AGENCY OR VENDOR WITH WHICH SUCH MEMBER IS ASSOCIATED OR WHICH HE/SHE HAS A PERSONAL INTEREST OR AS TRUSTEES OF TRUSTS, OR AS AGENTS FOR OTHER PERSONS OR CORPORATIONS, OR MAY BE INTERESTED IN THE SAME MATTERS AS STOCKHOLDERS, DIRECTORS, OR OTHERWISE; PROVIDED, HOWEVER, THAT ANY CONTRACT TRANSACTION, OR ACT ON BEHALF OF THE CORPORATION IN A MATTER IN WHICH THE BOARD OF DIRECTORS AND OFFICERS ARE PERSONALLY INTERESTED AS STOCKHOLDERS, DIRECTORS, OR OTHERWISE SHALL BE AT ARM'S LENGTH ON ANY TRANSACTION OR WOULD RESULT IN THE DENIAL OF TAX EXEMPTION UNDER THE INTERNAL REVENUE CODE AND ITS REGULATIONS AS THEY NOW EXIST OR AS THEY MAY HEREAFTER BE AMENDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE AND PERSONNEL COMMITTEES REVIEW RELEVANT DATA AND PROPOSE SALARY INCREASED FOR BOARD APPROVAL. THE FULL BOARD THEN REVIEWS AND ACTS ON THE PROPOSAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
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IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0375214
IRS990/TotalAssetsEOYAmt0321750
IRS990/TotalAssetsGrp/BOYAmt0375214
IRS990/TotalAssetsGrp/EOYAmt0321750
IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalEmployeeCnt06
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0100142
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0483867
IRS990/TotalFunctionalExpensesGrp/TotalAmt0650321
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt028892
IRS990/TotalLiabilitiesEOYAmt063674

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