Civic Intelligence

Central Montessori Academy Association Inc.

990 • Fiscal year 2018 • EIN 31-0966178

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 22, 2019

1904 Springdale RoadCincinnati, OH 45231

(513) 742-5800

Siviq Scores

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

Liabilities / Assets

69th percentile

0.27x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

74th percentile

0.37x

Higher debt load relative to revenue than 74% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

50th percentile

2.9%

Higher net margin than 50% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

43rd percentile

$43,853

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

56th percentile

2.9%

Faster asset growth than 56% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,830,340

Up $50,872 (+2.9%) from 2017

Net Assets

Up

$1,331,325

Up $59,524 (+4.7%) from 2017

Liabilities

Down

$499,015

Down $8,652 (-1.7%) from 2017

Revenue

Up

$1,331,437

Up $133,106 (+11%) from 2017

Expenses

Up

$1,292,309

Up $147,513 (+13%) from 2017

Net Income

Down

$39,128

Down $14,407 (-27%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $1,709,648Liabilities 2012: $704,291Net Assets 2012: $1,005,3572012Assets 2013: $1,684,296Liabilities 2013: $657,973Net Assets 2013: $1,026,3232013Assets 2014: $1,670,617Liabilities 2014: $629,576Net Assets 2014: $1,041,0412014Assets 2015: $1,651,491Liabilities 2015: $571,652Net Assets 2015: $1,079,8392015Assets 2016: $1,716,329Liabilities 2016: $527,312Net Assets 2016: $1,189,0172016Assets 2017: $1,779,468Liabilities 2017: $507,667Net Assets 2017: $1,271,8012017Assets 2018: $1,830,340Liabilities 2018: $499,015Net Assets 2018: $1,331,3252018Assets 2019: $1,668,200Liabilities 2019: $463,283Net Assets 2019: $1,204,9172019Assets 2020: $1,594,570Liabilities 2020: $575,274Net Assets 2020: $1,019,2962020Assets 2021: $1,562,216Liabilities 2021: $377,707Net Assets 2021: $1,184,5092021Assets 2022: $1,424,782Liabilities 2022: $350,606Net Assets 2022: $1,074,1762022Assets 2023: $1,392,376Liabilities 2023: $344,133Net Assets 2023: $1,048,2432023Assets 2024: $2,359,997Liabilities 2024: $1,014,286Net Assets 2024: $1,345,7112024

Highlighted filing

2018

Assets$1,830,340
Liabilities$499,015
Net Assets$1,331,325

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $1,011,8242012Expenses 2013: $1,048,8702013Revenue 2014: $1,117,866Expenses 2014: $1,126,230Net Income 2014: -$8,3642014Revenue 2015: $1,180,122Expenses 2015: $1,119,301Net Income 2015: $60,8212015Revenue 2016: $1,329,948Expenses 2016: $1,195,035Net Income 2016: $134,9132016Revenue 2017: $1,198,331Expenses 2017: $1,144,796Net Income 2017: $53,5352017Revenue 2018: $1,331,437Expenses 2018: $1,292,309Net Income 2018: $39,1282018Revenue 2019: $1,365,692Expenses 2019: $1,482,997Net Income 2019: -$117,3052019Revenue 2020: $1,298,100Expenses 2020: $1,470,496Net Income 2020: -$172,3962020Revenue 2021: $1,503,082Expenses 2021: $1,440,834Net Income 2021: $62,2482021Revenue 2022: $1,698,269Expenses 2022: $1,710,341Net Income 2022: -$12,0722022Revenue 2023: $2,025,154Expenses 2023: $2,054,670Net Income 2023: -$29,5162023Revenue 2024: $1,853,685Expenses 2024: $1,556,218Net Income 2024: $297,4672024

Highlighted filing

2018

Revenue$1,331,437
Expenses$1,292,309
Net Income$39,128
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 22, 2019
Return Version
2017v2.3
Gross Receipts
$1,339,665
Mission and Program Overview

Mission

To provide a montessori-type education to students who will develop into self-motivated, self-disciplined, active, independent learners possessing positive values to last a lifetime.

As members of a community of children, parents and teachers, rooted in the montessori philosophy, our students will develop into self-motivated, self-disciplined, active, independent learners possessing positive values to last a lifetime.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,126,089$1,092,218▼ $33,871
Investments in Publicly Traded Securities$470,050$505,729▲ $35,679
Cash and Non-Interest-Bearing Accounts$104,972$134,834▲ $29,862
Savings and Temporary Cash Investments$52,492$60,516▲ $8,024
Accounts Receivable$23,924$35,855▲ $11,931
Prepaid Expenses and Deferred Charges$1,941$1,188▼ $753
Total Assets$1,779,468$1,830,340▲ $50,872
Liabilities
Mortgage Notes Payable Secured by Investment Property$413,812$385,284▼ $28,528
Accounts Payable and Accrued Expenses$55,608$66,557▲ $10,949
Deferred Revenue$38,247$47,174▲ $8,927
Total Liabilities$507,667$499,015▼ $8,652
Net Assets / Fund Balance
Unrestricted Net Assets$1,271,801$1,326,005▲ $54,204
Temporarily Rstr Net Assets-$5,320-
Total Net Assets Fund Balance$1,271,801$1,331,325▲ $59,524
Total Liabilities and Net Assets / Fund Balance$1,779,468$1,830,340▲ $50,872

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$881,252$529,056$1,410,308
Equipment$99,060$76,471$175,531
Land$111,906-$111,906
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kristin PattersonHead of SchoolFT$43,853$43,853

Board Members and Trustees

NameTitle
Amanda SopkoPresident
Shari CoffeyVice President
Milene DonlinMember at Large
Ewa HuffordSecretary
Kelly SextonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,233,464
Investment Income
$30,052
Other Revenue
$67,921
Change in Net Assets
$39,128

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,331,437
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$28,624
Total Revenue per Audited Statements
$1,360,061
Total Revenue per Form 990
$1,331,437
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$704,182
Other Expenses$588,127
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$464,653$99,969-$564,622
Other Employee Benefits$39,125$12,110-$51,235
Depreciation Depletion-$50,277-$50,277
Payroll Taxes$33,960$10,512-$44,472
Current Officers, Directors, Trustees, and Key Employees-$43,853-$43,853
All Other Expenses$18,357$24,199-$42,556
Occupancy-$28,593-$28,593
Other Expenses$20,193$38,275-$20,193
Interest-$18,289-$18,289
Office Expenses-$14,785-$14,785
Fees for Services Accounting-$13,876-$13,876
Advertising$10,933--$10,933
Insurance-$6,801-$6,801
Fees for Service Investment Mgmnt Fees-$6,745-$6,745
Information Technology-$3,657-$3,657
Fees for Services Other-$975-$975
Fees for Services Legal-$323-$323
Total Functional Expenses$919,070$373,239$0$1,292,309

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,300,537
Expenses per Audited Statements$1,292,309
Total Expenses per Form 990$1,292,309
Expenses Not Reported on Form 990$8,228
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$50,309
Fundraising Direct Expenses$8,228
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Walk-a-thon$15,476$15,476$1,109$14,367
Auction$8,945$8,945$1,585$7,360
Total Events$50,309$50,309$8,228$42,081
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 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 7A

The board of trustees are voted in by the association members.

Form 990, Part VI, Section B, Line 11B

The board is provided with a draft copy of the 990 for review prior to filing.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Central Montessori Academy
EIN
31-0966178
Phone
5137425800
Address
1904 SPRINGDALE ROAD, CINCINNATI, OH 45231

Signing Officer

Name
Amanda Sopko
Title
President
Phone
5137425800
Signed
2019-01-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amanda Sopko
Formed
1979
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
24
Volunteers
30

Preparer

Firm
Rudler Psc
Address
SUITE 200 1881 DIXIE HIGHWAY, FORT WRIGHT, KY 41011
Preparer
Michael J Lenihan CPA
Phone
8593311717
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses not included in revenue of audited financial statements 8,228.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses not included in revenue of audited financial statements 8,228.

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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/PYTotalExpensesAmt01144796
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01198331
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt039128
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01259304
IRS990/SavingsAndTempCashInvstGrp/BOYAmt052492
IRS990/SavingsAndTempCashInvstGrp/EOYAmt060516
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0881252
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0529056
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01410308
IRS990ScheduleD/EquipmentGrp/BookValueAmt099060
IRS990ScheduleD/EquipmentGrp/DepreciationAmt076471
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0175531
IRS990ScheduleD/ExpensesNotReportedAmt08228
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01292309
IRS990ScheduleD/LandGrp/BookValueAmt0111906
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0111906
IRS990ScheduleD/NetUnrealizedGainsInvstAmt020396
IRS990ScheduleD/OtherExpensesIncludedAmt08228
IRS990ScheduleD/OtherRevenueAmt08228
IRS990ScheduleD/RevenueNotReportedAmt028624
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01331437
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES NOT INCLUDED IN REVENUE OF AUDITED FINANCIAL STATEMENTS 8,228.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES NOT INCLUDED IN REVENUE OF AUDITED FINANCIAL STATEMENTS 8,228.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01092218
IRS990ScheduleD/TotalExpensesPerForm990Amt01292309
IRS990ScheduleD/TotalRevenuePerForm990Amt01331437
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01360061
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01300537
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL PUBLISHES ITS NONDISCRIMINATORY POLICY IN THE LOCAL NEWSPAPER
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08228
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0WALK-A-THON
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt08945
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt015476
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt025888
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt050309
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt08945
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt015476
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt025888
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt050309
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt042081
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt05534
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08228
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01585
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01109
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt010
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF TRUSTEES ARE VOTED IN BY THE ASSOCIATION MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD IS PROVIDED WITH A DRAFT COPY OF THE 990 FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt05320
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01779468
IRS990/TotalAssetsEOYAmt01830340
IRS990/TotalAssetsGrp/BOYAmt01779468
IRS990/TotalAssetsGrp/EOYAmt01830340
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0373239
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0919070
IRS990/TotalFunctionalExpensesGrp/TotalAmt01292309
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0507667
IRS990/TotalLiabilitiesEOYAmt0499015
IRS990/TotalLiabilitiesGrp/BOYAmt0507667
IRS990/TotalLiabilitiesGrp/EOYAmt0499015
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01271801
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01331325
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0919070
IRS990/TotalProgramServiceRevenueAmt01233464
IRS990/TotalReportableCompFromOrgAmt043853
IRS990/TotalRevenueGrp/ExclusionAmt072133
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01259304
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01331437
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01779468
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01830340
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01271801
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01326005
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01904 SPRINGDALE ROAD
IRS990/USAddress/CityNm0CINCINNATI
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd045231
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.CENTRALMONTESSORIACADEMY.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AMANDA SOPKO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05137425800
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-01-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CENTRAL MONTESSORI ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0310966178
ReturnHeader/Filer/PhoneNum05137425800
ReturnHeader/Filer/USAddress/AddressLine1Txt01904 SPRINGDALE ROAD
ReturnHeader/Filer/USAddress/CityNm0CINCINNATI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045231
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId025EE57F1FD170C6FB623D1400EDF7DDDA56F98AC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03B18A15AE6F615D37275F8AE8207B3F0EBAD1886

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