Civic Intelligence

Hunkpati Investments Inc

EIN 26-4838202 • 501(c)3 • Fort Thompson, SD

Profile

The mission of hunkpati investments, inc. Is to provide financial opportunites to stimulate economic development on the crow creek sioux indian reservation, promoting self-sufficiency, self-determination and an enhanced quality of life for the reservation community.

PO Box 175Fort Thompson, SD 57339

www.hunkpati.org

Siviq Scores

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

Liabilities / Assets

89th percentile

0.55x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

94th percentile

0.85x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

36th percentile

-5.0%

Higher net margin than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

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 2015

Asset Growth

29th percentile

-26%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

18th percentile

-50%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$433,398

Down $149,924 (-26%) from 2014

Liabilities

Down

$240,139

Down $84,926 (-26%) from 2014

Net Assets

Down

$193,259

Down $64,998 (-25%) from 2014

Revenue

Down

$281,180

Down $283,356 (-50%) from 2014

Expenses

Down

$295,335

Down $228,060 (-44%) from 2014

Net Income

Down

-$14,155

Down $55,296 (-134%) from 2014

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $182,784Liabilities 2010: $107,959Net Assets 2010: $74,8252010Assets 2011: $328,460Liabilities 2011: $192,899Net Assets 2011: $135,5612011Assets 2012: $757,336Liabilities 2012: $567,181Net Assets 2012: $190,1552012Assets 2013: $659,472Liabilities 2013: $442,356Net Assets 2013: $217,1162013Assets 2014: $583,322Liabilities 2014: $325,065Net Assets 2014: $258,2572014Assets 2015: $433,398Liabilities 2015: $240,139Net Assets 2015: $193,2592015

Highlighted filing

2015

Assets$433,398
Liabilities$240,139
Net Assets$193,259

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $157,806Expenses 2010: $7,985Net Income 2010: $149,8212010Expenses 2011: $187,3852011Expenses 2012: $523,2722012Expenses 2013: $548,2152013Revenue 2014: $564,536Expenses 2014: $523,395Net Income 2014: $41,1412014Revenue 2015: $281,180Expenses 2015: $295,335Net Income 2015: -$14,1552015

Highlighted filing

2015

Revenue$281,180
Expenses$295,335
Net Income-$14,155

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Aug 12, 2016
Return Version
2014v6.0
Gross Receipts
$281,180
Mission and Program Overview

Mission

The mission of hunkpati investments, inc. Is to provide financial opportunites to stimulate economic development on the crow creek sioux indian reservation, promoting self-sufficiency, self-determination and an enhanced quality of life for the reservation community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$258,257$193,259▼ $64,998
Pledges and Grants Receivable$181,985$156,530▼ $25,455
Savings and Temporary Cash Investments$216,685$124,842▼ $91,843
Cash and Non-Interest-Bearing Accounts$87,102$46,924▼ $40,178
Other Notes and Loans Receivable, Net$29,266$29,531▲ $265
Land, Buildings, and Equipment, Net$30,373$23,781▼ $6,592
Prepaid Expenses and Deferred Charges$2,111$2,234▲ $123
Total Assets$583,322$433,398▼ $149,924
Other Assets Total$35,800$49,556▲ $13,756
Liabilities
Deferred Revenue$308,782$236,177▼ $72,605
Accounts Payable and Accrued Expenses$16,283$3,962▼ $12,321
Total Liabilities$325,065$240,139▼ $84,926
Net Assets / Fund Balance
Total Net Assets Fund Balance$258,257$193,259▼ $64,998
Total Liabilities and Net Assets / Fund Balance$583,322$433,398▼ $149,924

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$18,692$28,604$47,296
Equipment$1,810$4,821$6,631
Leasehold Improvements$3,279$2,658$5,937
Other Assets Org$49,556--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wes ParsonsChairperson
Anthony BarkerDirector
Ronda HawkDirector
Tally ColombeDirector
Myra IsburgSec/trs/acti
Revenue and Support

Revenue Composition

Contributions and Grants
$276,681
Program Service Revenue
$805
Investment Income
$3,254
Other Revenue
$440
All Other Contributions
$253,276
Change in Net Assets
$-14,155

Audited Revenue Reconciliation

Revenue per Audited Statements
$281,180
Total Revenue per Audited Statements
$281,180
Total Revenue per Form 990
$281,180
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$167,479
Other Expenses$127,856
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$131,901--$131,901
Fees for Services Other$47,778--$47,778
Other Employee Benefits$27,447--$27,447
Conferences and Meetings$19,157--$19,157
All Other Expenses$10,118--$10,118
Payroll Taxes$8,131--$8,131
Depreciation Depletion$7,567--$7,567
Insurance$5,584--$5,584
Travel$5,066--$5,066
Other Expenses$4,418--$4,418
Advertising$3,739--$3,739
Office Expenses$2,259--$2,259
Payment Travel Entrtnmnt Publicly Ofcl$876--$876
Total Functional Expenses$295,335$0$0$295,335

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$295,335
Total Expenses per Audited Statements$295,335
Total Expenses per Form 990$295,335
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 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
Yes
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 executive director provides a copy of the form 990 to the board of directors to review before the return is filed.

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

If the board of directors or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the board of directors or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.

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

A voting member of the board of directors who receives compensation, directly or indirectly, from the corporation for services is precluded from voting on matters pertaining to that member's compensation. A voting member of any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the corporation for services is precluded from voting on matters pertaining to that member's compensation. No voting member of the board of directors or any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the corporation, either individually or collectively, is prohibited from providing information to any committee regarding compensation. When approving compensation for directors, officers and employees, contractors, and any other compensation contract or arrangement, in addition to complying with the conflict of interest requirements and policies contained in the preceding and following sections of this article as well as the preceding paragraphs of this section of this article, the board or a duly constituted compensation committee of the board shall also comply with the following additional requirements and procedures: a. The terms of compensation shall be approved by the board or compensation committee prior to the first payment of compensation; b. All members of the board or compensation committee who approve compensation arrangements must not have a conflict of interest with respect to the compensation arrangement as specified in irs regulation section 53.4958-6(c)(iii), which generally requires that each board member or committee member approving a compensation arrangement between this organization and a "disqualified person" (as defined in section 4958(f)(1) of the internal revenue code and as amplified by section 53.4958-3 of the irs regulations): 1. Is not the person who is the subject of the compensation arrangement, or a family member of such person; 2. Is not in an employment relationship subject to the direction or control of the person who is the subject of the compensation arrangement; 3. Does not receive compensation or other payments subject to approval by the person who is the subject of the compensation arrangement; 4. Has no material financial interest affected by the compensation arrangement; and 5. Does not approve a transaction providing economic benefits to the person who is the subject of the compensation arrangement, who in turn has approved or will approve a transaction providing benefits to the board or committee member. C. The board or compensation committee shall obtain and rely upon appropriate data as to comparability prior to approving the terms of compensation. Appropriate data may include the following: 1. Compensation levels paid by similarly situated organizations, both taxable and tax- exempt, for functionally comparable positions. "similarly situated" organizations are those of a similar size, purpose, and with similar resources; 2. The availability of similar services in the geographic area of this organization; 3. Current compensation surveys compiled by independent firms; 4. Actual written offers from similar institutions competing for the services of the person who is the subject of the compensation arrangement; as allowed by irs regulation 4958-6, if this organization has average annual gross receipts (including contributions) for its three prior tax years of less than 1 million, the board or compensation committee will have obtained and relied upon appropriate data as to comparability if it obtains and relies upon data on compensation paid by three comparable organizations in the same or similar communities for similar services. D. The terms of compensation and the basis for approving them shall be recorded in written minutes of the meeting of the board or compensation committee that approved the compensation. Such documentation shall include: 1. The terms of the compensa

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

See ceo, executive director, or top management official description.

Form 990, Page 6, Part VI, Line 19

They are all available upon request and shared to all government agencies that request access to them. We also willingly share our governing documents with any clients who are interested.

Filing and Contact Details

Filer

Filer Name
Hunkpati Investments Inc
EIN
26-4838202
Phone
6052452148
Address
PO BOX 175, FORT THOMPSON, SD 57339

Signing Officer

Name
Wes Parsons
Title
Chairperson
Phone
6052452148
Signed
2016-08-12
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Sd
Voting Board Members
5
Independent Board Members
5
Employees
7

Preparer

Firm
Elo Prof LLC
Address
316 SORENSEN DRIVE, CHAMBERLAIN, SD 57325
Preparer
Robert Rauenhorst
Phone
6052346055
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of hunkpati investments, inc. Is to provide financial opportunites to stimulate economic development on the crow creek sioux indian reservation, promoting self-sufficiency, self-determination and an enhanced quality of life for the reservation community.

Form 990, Part IX, Line 11G

Outside services 42,628 0 0 grant administration 5,150 0 0

Form 990, Part XI, Line 9

TERMINATED GRANTS 50,843

Raw XML Appendix348 raw XML fields

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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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NOTES RECEIVABLE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF HUNKPATI INVESTMENTS, INC. IS TO PROVIDE FINANCIAL OPPORTUNITES TO STIMULATE ECONOMIC DEVELOPMENT ON THE CROW CREEK SIOUX INDIAN RESERVATION, PROMOTING SELF-SUFFICIENCY, SELF-DETERMINATION AND AN ENHANCED QUALITY OF LIFE FOR THE RESERVATION COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR PROVIDES A COPY OF THE FORM 990 TO THE BOARD OF DIRECTORS TO REVIEW BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IF THE BOARD OF DIRECTORS OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OF DIRECTORS OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A VOTING MEMBER OF THE BOARD OF DIRECTORS WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. A VOTING MEMBER OF ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. NO VOTING MEMBER OF THE BOARD OF DIRECTORS OR ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION, EITHER INDIVIDUALLY OR COLLECTIVELY, IS PROHIBITED FROM PROVIDING INFORMATION TO ANY COMMITTEE REGARDING COMPENSATION. WHEN APPROVING COMPENSATION FOR DIRECTORS, OFFICERS AND EMPLOYEES, CONTRACTORS, AND ANY OTHER COMPENSATION CONTRACT OR ARRANGEMENT, IN ADDITION TO COMPLYING WITH THE CONFLICT OF INTEREST REQUIREMENTS AND POLICIES CONTAINED IN THE PRECEDING AND FOLLOWING SECTIONS OF THIS ARTICLE AS WELL AS THE PRECEDING PARAGRAPHS OF THIS SECTION OF THIS ARTICLE, THE BOARD OR A DULY CONSTITUTED COMPENSATION COMMITTEE OF THE BOARD SHALL ALSO COMPLY WITH THE FOLLOWING ADDITIONAL REQUIREMENTS AND PROCEDURES: A. THE TERMS OF COMPENSATION SHALL BE APPROVED BY THE BOARD OR COMPENSATION COMMITTEE PRIOR TO THE FIRST PAYMENT OF COMPENSATION; B. ALL MEMBERS OF THE BOARD OR COMPENSATION COMMITTEE WHO APPROVE COMPENSATION ARRANGEMENTS MUST NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AS SPECIFIED IN IRS REGULATION SECTION 53.4958-6(C)(III), WHICH GENERALLY REQUIRES THAT EACH BOARD MEMBER OR COMMITTEE MEMBER APPROVING A COMPENSATION ARRANGEMENT BETWEEN THIS ORGANIZATION AND A "DISQUALIFIED PERSON" (AS DEFINED IN SECTION 4958(F)(1) OF THE INTERNAL REVENUE CODE AND AS AMPLIFIED BY SECTION 53.4958-3 OF THE IRS REGULATIONS): 1. IS NOT THE PERSON WHO IS THE SUBJECT OF THE COMPENSATION ARRANGEMENT, OR A FAMILY MEMBER OF SUCH PERSON; 2. IS NOT IN AN EMPLOYMENT RELATIONSHIP SUBJECT TO THE DIRECTION OR CONTROL OF THE PERSON WHO IS THE SUBJECT OF THE COMPENSATION ARRANGEMENT; 3. DOES NOT RECEIVE COMPENSATION OR OTHER PAYMENTS SUBJECT TO APPROVAL BY THE PERSON WHO IS THE SUBJECT OF THE COMPENSATION ARRANGEMENT; 4. HAS NO MATERIAL FINANCIAL INTEREST AFFECTED BY THE COMPENSATION ARRANGEMENT; AND 5. DOES NOT APPROVE A TRANSACTION PROVIDING ECONOMIC BENEFITS TO THE PERSON WHO IS THE SUBJECT OF THE COMPENSATION ARRANGEMENT, WHO IN TURN HAS APPROVED OR WILL APPROVE A TRANSACTION PROVIDING BENEFITS TO THE BOARD OR COMMITTEE MEMBER. C. THE BOARD OR COMPENSATION COMMITTEE SHALL OBTAIN AND RELY UPON APPROPRIATE DATA AS TO COMPARABILITY PRIOR TO APPROVING THE TERMS OF COMPENSATION. APPROPRIATE DATA MAY INCLUDE THE FOLLOWING: 1. COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS, BOTH TAXABLE AND TAX- EXEMPT, FOR FUNCTIONALLY COMPARABLE POSITIONS. "SIMILARLY SITUATED" ORGANIZATIONS ARE THOSE OF A SIMILAR SIZE, PURPOSE, AND WITH SIMILAR RESOURCES; 2. THE AVAILABILITY OF SIMILAR SERVICES IN THE GEOGRAPHIC AREA OF THIS ORGANIZATION; 3. CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS; 4. ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE PERSON WHO IS THE SUBJECT OF THE COMPENSATION ARRANGEMENT; AS ALLOWED BY IRS REGULATION 4958-6, IF THIS ORGANIZATION HAS AVERAGE ANNUAL GROSS RECEIPTS (INCLUDING CONTRIBUTIONS) FOR ITS THREE PRIOR TAX YEARS OF LESS THAN 1 MILLION, THE BOARD OR COMPENSATION COMMITTEE WILL HAVE OBTAINED AND RELIED UPON APPROPRIATE DATA AS TO COMPARABILITY IF IT OBTAINS AND RELIES UPON DATA ON COMPENSATION PAID BY THREE COMPARABLE ORGANIZATIONS IN THE SAME OR SIMILAR COMMUNITIES FOR SIMILAR SERVICES. D. THE TERMS OF COMPENSATION AND THE BASIS FOR APPROVING THEM SHALL BE RECORDED IN WRITTEN MINUTES OF THE MEETING OF THE BOARD OR COMPENSATION COMMITTEE THAT APPROVED THE COMPENSATION. SUCH DOCUMENTATION SHALL INCLUDE: 1. THE TERMS OF THE COMPENSA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SEE CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT OFFICIAL DESCRIPTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THEY ARE ALL AVAILABLE UPON REQUEST AND SHARED TO ALL GOVERNMENT AGENCIES THAT REQUEST ACCESS TO THEM. WE ALSO WILLINGLY SHARE OUR GOVERNING DOCUMENTS WITH ANY CLIENTS WHO ARE INTERESTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OUTSIDE SERVICES 42,628 0 0 GRANT ADMINISTRATION 5,150 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TERMINATED GRANTS 50,843
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02016-12-15 16:53:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0WES PARSONS
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ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-12
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ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 175
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELO PROF LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0316 SORENSEN DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHAMBERLAIN
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ReturnHeader/PreparerPersonGrp/PhoneNum06052346055
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT RAUENHORST
ReturnHeader/ReturnTs02016-08-12T13:00:52-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-10-01
ReturnHeader/TaxPeriodEndDt02015-09-30
ReturnHeader/TaxYr02014

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