Civic Intelligence

Old Vero Ice Age Sites Committee Inc

EIN 27-3101937 • 501(c)3 • Vero Beach, FL

Profile

The old vero ice age sites committee's (oviasc) mission is to preserve and appropriately excavate important ice age archaeological and paleontological sites in vero beach and indian river county, florida; and in the process promote education and understanding of their contents and history.

PO Box 351Vero Beach, FL 32961

www.oviasc.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

100th percentile

343%

Higher net margin than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$89,121

Down $41,616 (-32%) from 2021

Liabilities

Up

$30,045

Up $29,620 (+6969%) from 2021

Net Assets

Down

$59,076

Down $71,236 (-55%) from 2021

Operations
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Down

$27,244

Down $7,761 (-22%) from 2021

Expenses

Up

$98,480

Up $65,427 (+198%) from 2021

Net Income

Down

-$71,236

Down $73,188 (-3749%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$300K$200K$100K$0Assets 2015: $91,524Liabilities 2015: $34,162Net Assets 2015: $57,3622015Assets 2016: $292,820Liabilities 2016: $73,154Net Assets 2016: $219,6662016Assets 2018: $140,526Liabilities 2018: $0Net Assets 2018: $140,5262018Assets 2019: $148,237Liabilities 2019: $24,192Net Assets 2019: $124,0452019Assets 2020: $128,785Liabilities 2020: $425Net Assets 2020: $128,3602020Assets 2021: $130,737Liabilities 2021: $425Net Assets 2021: $130,3122021Assets 2022: $89,121Liabilities 2022: $30,045Net Assets 2022: $59,0762022

Highlighted filing

2022

Assets$89,121
Liabilities$30,045
Net Assets$59,076
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2015: $125,907Expenses 2015: $139,438Net Income 2015: -$13,5312015Revenue 2016: $374,221Expenses 2016: $211,917Net Income 2016: $162,3042016Revenue 2018: $527,607Expenses 2018: $467,672Net Income 2018: $59,9352018Revenue 2019: $66,272Expenses 2019: $136,561Net Income 2019: -$70,2892019Revenue 2020: $47,987Expenses 2020: $43,672Net Income 2020: $4,3152020Revenue 2021: $35,005Expenses 2021: $33,053Net Income 2021: $1,9522021Revenue 2022: $27,244Expenses 2022: $98,480Net Income 2022: -$71,2362022

Highlighted filing

2022

Revenue$27,244
Expenses$98,480
Net Income-$71,236
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$89,121
Liabilities
$30,045
Net assets
$59,076
Revenue
$27,244
Expenses
$98,480
Net income
-$71,236
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.30$0.59$0.27$0.98$0.71
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.00$1.30$0.35$0.33$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.00$1.28$0.48$0.44$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.24$1.24$0.66$1.37$0.70
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.00$1.41$5.28$4.68$0.60
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.93$0.73$2.20$3.74$2.12$1.62
2015Detailed filing. Detailed filing data is available for this year.$0.92$0.34$0.57$1.26$1.39$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 15, 2023
Return Version
2022v5.0
Gross Receipts
$27,244
Mission and Program Overview

Mission

Excavate important ice age archaelogical and paleontological sites in vero beach and indian river county, florida; and in the process promote education and understanding of their contents and history.

To preserve and appropriately excavate important ice age archaelogical and paleontological sites in vero beach and indian river county, florida; and in the process promote education and understanding of their contents and history.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$130,312$59,076▼ $71,236
Cash and Non-Interest-Bearing Accounts$91,441$58,181▼ $33,260
Land, Buildings, and Equipment, Net$35,623$28,036▼ $7,587
Investments in Publicly Traded Securities$2,990$2,212▼ $778
Prepaid Expenses and Deferred Charges$683$692▲ $9
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$130,737$89,121▼ $41,616
Liabilities
Accounts Payable and Accrued Expenses$425$30,045▲ $29,620
Total Liabilities$425$30,045▲ $29,620
Net Assets / Fund Balance
Total Net Assets Fund Balance$130,312$59,076▼ $71,236
Total Liabilities and Net Assets / Fund Balance$130,737$89,121▼ $41,616

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$28,036$36,048$64,084
Equipment$0$15,712$15,712
Other Land Buildings$0--
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Randolph B OldChairman
Carol FennellMember
Peggy Lyon MccoyMember
Ruth StanbridgeMember
Sandra RawlsMember
Anne DunnSecretary
Mary SingerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,173
Program Service Revenue
$0
Investment Income
$71
Other Revenue
$0
All Other Contributions
$27,173
Change in Net Assets
$-71,236

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,244
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$27,244
Total Revenue per Form 990
$27,244
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$98,480
Total Fundraising Expense$803
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$9,274$3,974-$13,248
Depreciation Depletion$7,587--$7,587
All Other Expenses$1,107-$803$1,910
Insurance-$1,034-$1,034
Other Expenses$986--$986
Office Expenses-$319-$319
Total Functional Expenses$92,350$5,327$803$98,480

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$98,480
Total Expenses per Audited Statements$98,480
Total Expenses per Form 990$98,480
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
No
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

“The chairman and treasurer review the form 990.”

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

“Board members sign an annual conflict of interest statement”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Old Vero Ice Age Sites Committee Inc
EIN
27-3101937
Phone
7725843424
Address
PO BOX 351, VERO BEACH, FL 32961

Signing Officer

Name
Randolph B Old
Title
Chairman
Phone
7725843424
Signed
2023-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randolph B Old
Formed
2011
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Offutt Barton Schlitt LLC
Address
570 BEACHLAND BLVD, VERO BEACH, FL 32963
Preparer
William F Schlitt
Phone
7722312100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Fundraising expense: program service expenses 0. Management and general expenses 0. Fundraising expenses 803. Total expenses 803. Investments: program service expenses 803. Management and general expenses 0. Fundraising expenses 0. Total expenses 803. Supplies: program service expenses 304. Management and general expenses 0. Fundraising expenses 0. Total expenses 304.”

Raw XML Appendix365 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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IRS990/Desc0OVIASC, IN PARTNERSHIP WITH INDIAN RIVER STATE COLLEGE, IS TAKING A YEAR AWAY FROM EXCAVATIONS TO DOCUMENT, PUBLISH, AND DISPLAY WHAT HAS BEEN FOUND IN FOUR YEARS OF RESEARCH AT THE CELEBRATED OLD VERO SITE (8IR009). GENERALLY SPEAKING, FOR EACH HOUR OF EXCAVATION, ATTENDANT RESEARCH, ANALYSES, AND WRITE UP TAKE 15 HOURS. IN SHORT, IT IS NOT WHAT YOU FIND BUT WHAT YOU FIND OUT THAT MATTERS. AN ARCHAEOLOGIST'S DUTY TO THE DISCIPLINE AND TO ITS BENEFACTORS IS TO EXPLAIN WHAT HAS BEEN LEARNED, AND HOW ANY SITE FITS INTO THE LOCAL, REGIONAL, AND BROADER CONTEXT. THE OLD VERO SITE IS DIRECTED BY ONE OF THE COUNTRY'S BEST EARLY MAN ARCHAELOGISTS, DR. J.M. ADOVASIO. THE EXCAVATIONS AT THE OLD VERO SITE WERE MONITORED ON A DAILY BASIS BY DR. C.A. HEMMINGS, A RENOWNED FLORIDA EARLY MAN SPECIALIST. THE EXCAVATION SEASON IN THE STUDY AREA USUALLY EXTENDS FROM JANUARY THROUGH JUNE WITH ANALYSES CONTINUING YEAR-ROUND. THE OLD VERO PROJECT AND RELATED RESEARCH IS FUNDED JOINTLY BY DONATIONS TO OVIASC AND MATCHING GRANTS FROM THE STATE OF FLORIDA'S DIVISION OF HISTORIC PRESERVATION. THE OLD VERO SITE WAS FIRST EXCAVATED CA. 100 YEARS AGO BY THEN FLORIDA STATE GEOLOGIST DR. E.H. SELLARDS. THE RECENT EXCAVATIONS HAVE SUGGESTED A HUMAN PRESENCE AT THE OLD VERO SITE THAT MAY BE 13,000 TO 14,000 YEARS OLD, MAKING IT ONE OF THE MOST IMPORTANT EARLY MAN SITES IN THE COUNTRY. OVER 500 SUPPORTERS HAVE HELPED FUND THE PROJECT, 250 LOCAL VOLUNTEERS HAVE WORKED AT THE SITE, AND 1,000 PEOPLE TOURED THE EXCAVATION EACH OF THE LAST THREE SEASONS. EDUCATIONAL PRESENTATIONS AND SITE TOURS HAVE BEEN GIVEN TO A WIDE RANGE OF SCHOOL STUDENTS. DR. ADOVASIO AND DR. HEMMINGS, PLUS OTHER NOTABLE ARCHAEOLOGISTS, HAVE GIVEN TALKS TO AT LEAST 5,000 INTERESTED CITIZENS IN THE LOCAL COMMUNITY AND HAVE ALSO OFFERED PRESENTATIONS AT NATIONAL ARCHAEOLOGICAL CONFERENCES. THE OLD VERO SITE CONTINUES TO RECEIVE NATIONAL PUBLICITY ON A REGULAR BASIS.
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt071
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt053
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0194
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.88250
IRS990ScheduleA/PublicSupportPY170Pct00.89610
IRS990ScheduleA/PublicSupportTotal170Amt0358273
IRS990ScheduleA/SubstantialContributorsTotAmt047520
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt027173
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt034297
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt046258
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt062004
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0236061
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0405793
IRS990ScheduleA/TotalSupportAmt0405987
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt028036
IRS990ScheduleD/BuildingsGrp/DepreciationAmt036048
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt064084
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015712
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015712
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt098480
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt027244
IRS990ScheduleD/TotalBookValueLandBuildingsAmt028036
IRS990ScheduleD/TotalExpensesPerForm990Amt098480
IRS990ScheduleD/TotalRevenuePerForm990Amt027244
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt027244
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt098480
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CHAIRMAN AND TREASURER REVIEW THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FUNDRAISING EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 803. TOTAL EXPENSES 803. INVESTMENTS: PROGRAM SERVICE EXPENSES 803. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 803. SUPPLIES: PROGRAM SERVICE EXPENSES 304. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 304.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0130737
IRS990/TotalAssetsEOYAmt089121
IRS990/TotalAssetsGrp/BOYAmt0130737
IRS990/TotalAssetsGrp/EOYAmt089121
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt027173
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0803
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05327
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt092350
IRS990/TotalFunctionalExpensesGrp/TotalAmt098480
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0425
IRS990/TotalLiabilitiesEOYAmt030045
IRS990/TotalLiabilitiesGrp/BOYAmt0425
IRS990/TotalLiabilitiesGrp/EOYAmt030045
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0130312
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt059076
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt092350
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt071
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt027244
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0130737
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt089121
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01510 OAK HARBOR BLVD 108
IRS990/USAddress/CityNm0VERO BEACH
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032967
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.OVIASC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RANDOLPH B OLD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum07725843424
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLD VERO ICE AGE SITES COMMITTEE INC
ReturnHeader/Filer/BusinessNameControlTxt0OLDV
ReturnHeader/Filer/EIN0273101937
ReturnHeader/Filer/PhoneNum07725843424
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 351
ReturnHeader/Filer/USAddress/CityNm0VERO BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032961
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461585527
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OFFUTT BARTON SCHLITT LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0570 BEACHLAND BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VERO BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032963
ReturnHeader/PreparerPersonGrp/PhoneNum07722312100
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM F SCHLITT
ReturnHeader/ReturnTs02023-08-15T12:55:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RANDOLPH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OLD
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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