Civic Intelligence

Bexley Education Foundation

990 • Fiscal year 2020 • EIN 31-1463283

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

348 S Cassingham RoadBexley, OH 43209

(614) 237-4309

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

64th percentile

13%

Higher net margin than 64% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

71st percentile

$105,536

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 19.5% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

42nd percentile

3.0%

Faster asset growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

17th percentile

-28%

Faster revenue growth than 17% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$4,485,951

Up $130,509 (+3.0%) from 2019

Net Assets

Up

$4,485,951

Up $130,509 (+3.0%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$539,910

Down $212,503 (-28%) from 2019

Expenses

Up

$469,261

Up $67,733 (+17%) from 2019

Net Income

Down

$70,649

Down $280,236 (-80%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,830,600Liabilities 2010: $0Net Assets 2010: $1,830,6002010Assets 2011: $2,231,870Liabilities 2011: $0Net Assets 2011: $2,231,8702011Assets 2012: $2,319,331Liabilities 2012: $0Net Assets 2012: $2,319,3312012Assets 2013: $2,563,087Liabilities 2013: $0Net Assets 2013: $2,563,0872013Assets 2014: $2,930,239Liabilities 2014: $0Net Assets 2014: $2,930,2392014Assets 2015: $3,150,743Liabilities 2015: $0Net Assets 2015: $3,150,7432015Assets 2016: $3,192,547Liabilities 2016: $12,500Net Assets 2016: $3,180,0472016Assets 2018: $3,925,138Liabilities 2018: $0Net Assets 2018: $3,925,1382018Assets 2019: $4,355,442Liabilities 2019: $0Net Assets 2019: $4,355,4422019Assets 2020: $4,485,951Liabilities 2020: $0Net Assets 2020: $4,485,9512020Assets 2021: $5,624,260Liabilities 2021: $0Net Assets 2021: $5,624,2602021

Highlighted filing

2020

Assets$4,485,951
Liabilities$0
Net Assets$4,485,951

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $248,1972010Expenses 2011: $228,5492011Expenses 2012: $271,9932012Expenses 2013: $353,9612013Revenue 2014: $410,846Expenses 2014: $419,430Net Income 2014: -$8,5842014Revenue 2015: $469,780Expenses 2015: $377,550Net Income 2015: $92,2302015Revenue 2016: $455,463Expenses 2016: $488,776Net Income 2016: -$33,3132016Revenue 2018: $556,663Expenses 2018: $487,621Net Income 2018: $69,0422018Revenue 2019: $752,413Expenses 2019: $401,528Net Income 2019: $350,8852019Revenue 2020: $539,910Expenses 2020: $469,261Net Income 2020: $70,6492020Revenue 2021: $1,066,157Expenses 2021: $591,609Net Income 2021: $474,5482021

Highlighted filing

2020

Revenue$539,910
Expenses$469,261
Net Income$70,649
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$549,495
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$4,174,917$4,378,383▲ $203,466
Savings and Temporary Cash Investments$73,819$76,330▲ $2,511
Cash and Non-Interest-Bearing Accounts$100,940$26,314▼ $74,626
Land, Buildings, and Equipment, Net$5,766$4,924▼ $842
Total Assets$4,355,442$4,485,951▲ $130,509
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,349,442$4,479,951▲ $130,509
Net Assets With Donor Restrictions$6,000$6,000→ $0
Total Net Assets Fund Balance$4,355,442$4,485,951▲ $130,509
Total Liabilities and Net Assets / Fund Balance$4,355,442$4,485,951▲ $130,509

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,924$7,763$12,687
Investment Program Related Org$2,783,272--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$4,174,917$45,203▲ $133,523$10,000$4,296,447
2018$3,833,785$192,901▲ $291,104$21,000$4,174,917
2017$3,549,749$33,030▲ $299,595$27,622$3,833,785
2016$3,041,186$183,104▲ $340,684$15,225$3,549,749
2015$2,814,851$154,000▲ $85,684$13,349$3,041,186
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Pamela GlasgowExecutive DirectorFT$105,536$105,536

Board Members and Trustees

NameTitle
Elizabeth FarrarBoard Chair
Megan Powers WalkerPast Chair
Douglas SegermanVice Chair
Jeremy SeckVice Chair
Julie CohenVice Chair
Ted SappVice Chair
Marlee SnowdonBoard of Education Rep.
Alissha MitchellDirector
Amy WagenbrennerDirector
Andrew StarkDirector
Anna J RamsdenDirector
Catherine Z CoryDirector
Eric WasserstromDirector
Harlan D Meyer MdDirector
Jennifer Ridgley BunkerDirector
Katherine KaufmanDirector
Kathleen S RussoDirector
Larry HelmanDirector
Michael AgriestiDirector
Michelle HallDirector
Rachel StukeyDirector
Sivaraman Sivaswami MdDirector
Timothy PittsDirector
Alison NakasakoBexley Teachers Rep.
Jody S FournierCapital Univ. Rep.
Timothy G MadisonCity Council Rep.
Toby PainePto Council Rep.
Sarah SaxbeSecretary
Jonathan RossTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$417,238
Program Service Revenue
$0
Investment Income
$73,852
Other Revenue
$48,820
All Other Contributions
$330,972
Change in Net Assets
$70,649
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$207,666
Salaries, Compensation, and Employee Benefits$186,914
Other Expenses$74,681
Total Fundraising Expense$28,073
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$193,166--$193,166
Current Officers, Directors, Trustees, and Key Employees$51,512$51,511-$103,023
Other Salaries and Wages$35,343$35,343-$70,686
Office Expenses$8,065$8,066$7,328$23,459
Grants to Domestic Individuals$14,500--$14,500
Payroll Taxes$6,603$6,602-$13,205
Fees for Service Investment Mgmnt Fees-$12,720-$12,720
Fees for Services Other-$10,880-$10,880
Advertising--$6,779$6,779
Insurance-$5,811-$5,811
Conferences and Meetings--$5,425$5,425
Other Expenses$224-$1,161$1,385
Depreciation Depletion$421$421-$842
Information Technology--$383$383
Total Functional Expenses$309,834$131,354$28,073$469,261
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bexley City SchoolsBexley, OH501(c)(3)Fund Various School Programs and Strategic Priorities$193,166
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$51,961
Fundraising Direct Expenses$9,585
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
BRAVO! EVENT$138,227$51,961$6,634$45,327
Total Events$138,227$51,961$9,585$42,376
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
Backup withholding compliance
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
No
Management duties delegated
No

Governance Explanations

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

The form 990 is reviewed and approved by the treasurer and emailed to the board of governors for review before filing.

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

Members of the board of governors are regularly asked to disclose any potential conflict of interest they may have regarding a matter for vote. If a conflict does exist, per the discretion of the chair of the bexley education foundation board of governors, the member of the board of governors with the conflict may be excused from both the discussion and the vote on the matter.

Form 990, Part VI, Section B, Line 15A

The executive committee conducts an annual performance review of the organization's executive director. Any compensation adjustments are based on the executive director's achievement of goals set by the members of the executive committee. Comparative data is obtained and considered in evaluating the overall compensation package. Once the evaluation is completed by the executive committee, its recommendation for compensation adjustments is presented to the full board of governors for review and approval. A formal written evaluation of the executive director's performance and the result of the annual review is done and retained in the organization's files.

Form 990, Part VI, Section C, Line 18

The form 990 is available for public inspection upon request.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Bexley Education Foundation
EIN
31-1463283
Phone
6142374309
Address
348 S CASSINGHAM ROAD, BEXLEY, OH 43209

Signing Officer

Name
Jonathan Ross
Title
Treasurer
Phone
6142374309
Signed
2021-05-14

Organization Details

Principal Officer
Douglas J Segerman
Formed
1996
Legal Domicile
Oh
Voting Board Members
29
Independent Board Members
29
Employees
3
Volunteers
75

Preparer

Firm
John Gerlach & Company Llp
Address
37 W BROAD ST STE 530, COLUMBUS, OH 43215
Preparer
Tj Conger CPA
Phone
6142242164
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIBE THE ORGANIZATION'S MISSION:

To support programs and projects that elevate the educational experience and maintain the tradition of excellence in the bexley city schools.

FORM 990, PART III, LINE 1, DESCRIBE THE ORGANIZATION'S MISSION:

To invest in the full potential of tomorrow and to foster an inclusive community of engaged learners, educators and alumni.

FORM 990, PART XI, LINE 9:

Increase in beneficial interest in assets held by others 108,208.

FORM 990, PART I, LINE 6, DESCRIPTION OF VOLUNTEER DUTIES: THE VOLUNTEERS

Are used for committee work and event work for the fundraising event(s) held each year.

Financial Statement Notes

PART V, LINE 4:

Each of the temporary endowment funds provides financial support for a designated program, defined by the donor who established the fund. Programs on an annual basis are reviewed by the endowments committee of the board of governors and must fit the desired emphasis set forth by the donor. The programs are educational and were approved by the board of governors when the related fund was established. The board designated funds are held at the columbus foundation and support the efforts of bexley education foundation as and when decided by the board of governors.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt29105536
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24CAPITAL UNIV. REP.
IRS990/Form990PartVIISectionAGrp/TitleTxt25CITY COUNCIL REP.
IRS990/Form990PartVIISectionAGrp/TitleTxt26BEXLEY TEACHERS REP.
IRS990/Form990PartVIISectionAGrp/TitleTxt27PTO COUNCIL REP.
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD OF EDUCATION REP.
IRS990/Form990PartVIISectionAGrp/TitleTxt29EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt086266
IRS990/FundraisingDirectExpensesAmt09585
IRS990/FundraisingGrossIncomeAmt051961
IRS990/GainOrLossGrp/SecuritiesAmt033384
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt029
IRS990/GrantAmt017923
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt014500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt014500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0193166
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0193166
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt033384
IRS990/GrossReceiptsAmt0549495
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt029
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0383
IRS990/InformationTechnologyGrp/TotalAmt0383
IRS990/InsuranceGrp/ManagementAndGeneralAmt05811
IRS990/InsuranceGrp/TotalAmt05811
IRS990/InvestmentIncomeGrp/ExclusionAmt040468
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt040468
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt04174917
IRS990/InvestmentsProgramRelatedGrp/EOYAmt04378383
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07763
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05766
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04924
IRS990/LandBldgEquipCostOrOtherBssAmt012687
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04355442
IRS990/NetAssetsOrFundBalancesEOYAmt04485951
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt033384
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt033384
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt042376
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt042376
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-48348
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04349442
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04479951
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt07328
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08066
IRS990/OfficeExpensesGrp/ProgramServicesAmt08065
IRS990/OfficeExpensesGrp/TotalAmt023459
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0108208
IRS990/OtherExpensesGrp/Desc0CIVIC
IRS990/OtherExpensesGrp/Desc1DONOR & VOLUNTEER RECOG
IRS990/OtherExpensesGrp/FundraisingAmt06997
IRS990/OtherExpensesGrp/FundraisingAmt11161
IRS990/OtherExpensesGrp/ProgramServicesAmt0224
IRS990/OtherExpensesGrp/TotalAmt06997
IRS990/OtherExpensesGrp/TotalAmt11385
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt06444
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06444
IRS990/OtherRevenueTotalAmt06444
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt035343
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt035343
IRS990/OtherSalariesAndWagesGrp/TotalAmt070686
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06602
IRS990/PayrollTaxesGrp/ProgramServicesAmt06603
IRS990/PayrollTaxesGrp/TotalAmt013205
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DOUGLAS J SEGERMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SPECIAL GRANTS - DISTRICT-WIDE PROGRAMS: DESIGNATED PROJECTS: $ 51,000. IMPACT GRANT: $ 82,913.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0199797
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0133913

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