Civic Intelligence

Midwire Systems

990 • Fiscal year 2014 • EIN 38-3557111

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 15, 2014

4889 Venture DrAnn Arbor, MI 48108

(734) 780-2100

Siviq Scores

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

Liabilities / Assets

98th percentile

1.47x

Higher debt load relative to assets than 98% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

98th percentile

16.97x

Higher debt load relative to revenue than 98% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

1st percentile

-224%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

76th percentile

13%

Faster asset growth than 76% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

2nd percentile

-67%

Faster revenue growth than 2% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Up

$5,046,628

Up $560,962 (+13%) from 2013

Net Assets

Down

-$2,368,308

Down $977,190 (-70%) from 2013

Liabilities

Up

$7,414,936

Up $1,538,152 (+26%) from 2013

Revenue

Down

$437,042

Down $895,265 (-67%) from 2013

Expenses

Up

$1,414,232

Up $81,928 (+6.1%) from 2013

Net Income

Down

-$977,190

Down $977,193 (-32573100%) from 2013

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2011: $2,271,524Liabilities 2011: $2,701,078Net Assets 2011: -$429,5542011Assets 2012: $2,642,043Liabilities 2012: $4,033,164Net Assets 2012: -$1,391,1212012Assets 2013: $4,485,666Liabilities 2013: $5,876,784Net Assets 2013: -$1,391,1182013Assets 2014: $5,046,628Liabilities 2014: $7,414,936Net Assets 2014: -$2,368,3082014Assets 2015: $5,484,014Liabilities 2015: $8,847,453Net Assets 2015: -$3,363,4392015Assets 2016: $5,776,602Liabilities 2016: $9,906,794Net Assets 2016: -$4,130,1922016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2014

Assets$5,046,628
Liabilities$7,414,936
Net Assets-$2,368,308

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $994,2062011Expenses 2012: $1,307,1392012Revenue 2013: $1,332,307Expenses 2013: $1,332,304Net Income 2013: $32013Revenue 2014: $437,042Expenses 2014: $1,414,232Net Income 2014: -$977,1902014Revenue 2015: $481,524Expenses 2015: $1,476,655Net Income 2015: -$995,1312015Revenue 2016: $523,356Expenses 2016: $1,290,109Net Income 2016: -$766,7532016Revenue 2017: $1,034,824Expenses 2017: $1,255,146Net Income 2017: -$220,3222017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018

Highlighted filing

2014

Revenue$437,042
Expenses$1,414,232
Net Income-$977,190
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 15, 2014
Return Version
2013v3.1
Gross Receipts
$437,042
Mission and Program Overview

Mission

To develop computer software for the administration and operation of eye banks (organizations which recover and make available to health care organizations eye tissue for transplantation or research)and to provide on-going maintenance and support in their use of software.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,752,767$1,932,574▲ $179,807
Accounts Receivable$42,013$18,857▼ $23,156
Total Assets$4,485,666$5,046,628▲ $560,962
Other Assets Total$2,690,886$3,095,197▲ $404,311
Liabilities
Other Liabilities$5,876,726$7,414,548▲ $1,537,822
Deferred Revenue$58$388▲ $330
Total Liabilities$5,876,784$7,414,936▲ $1,538,152
Net Assets / Fund Balance
Unrestricted Net Assets$-1,391,118$-2,368,308▼ $977,190
Total Net Assets Fund Balance$-1,391,118$-2,368,308▼ $977,190
Total Liabilities and Net Assets / Fund Balance$4,485,666$5,046,628▲ $560,962

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,902,480$1,722,745$3,625,225
Equipment$24,350$33,430$57,780
Leasehold Improvements$5,744$5,745$11,489
Other Assets Org$3,095,197--
Compensation and Service Providers

Employees

NameTitleOtherTotal
MICHAEL O'KEEFEExecutive Di$169,409$169,409

Board Members and Trustees

NameTitle
Gary BabcockChair
John C JohnsonVice Chair
J Daniel SmithDirector
MICHAEL O'KEEFEExecutive Director
Kevin RossSecretary
Tony BavusoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$437,042
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-977,190

Audited Revenue Reconciliation

Revenue per Audited Statements
$437,042
Total Revenue per Audited Statements
$437,042
Total Revenue per Form 990
$437,042
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,244,823
Salaries, Compensation, and Employee Benefits$169,409
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$750,387$17,692-$768,079
Depreciation Depletion$344,565--$344,565
Current Officers, Directors, Trustees, and Key Employees$169,409--$169,409
Occupancy$56,167--$56,167
Conferences and Meetings$12,119--$12,119
Office Expenses$4,266--$4,266
Travel$2,768--$2,768
Other Expenses$926--$926
Total Functional Expenses$1,396,540$17,692$0$1,414,232

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,414,232
Total Expenses per Audited Statements$1,414,232
Total Expenses per Form 990$1,414,232
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Related Entity$7,414,548
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The 990 is reviewed by the ceo and cfo prior to filing. 990 is also provided via e-mail to all board members for comments and questions prior to filing.

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

Policy is reviewed during new employee orientation and annually with entire staff and board of directors. Potential conflicts of interest are reviewed by senior staff upon discovery.

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

All staff are leased from midwest eye banks, the eye bank uses the same process to set salaries for top officials. A performance review is conducted by the board hr committee; merit increase is recommended by the hr committee and approved by the board. The executive director is not part of compensation discussion. The executive director's salary is compared to salaries of other executive director's at peer organizations; other eye banks, opos, other nonprofit organizations of similar size

Form 990, Page 6, Part VI, Line 19

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

Filing and Contact Details

Filer

EIN
38-3557111
Phone
7347802100

Signing Officer

Name
MICHAEL O'KEEFE
Title
Executive Director
Phone
7347802100
Signed
2014-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
MICHAEL O'KEEFE
Formed
1999
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
4
Employees
0

Preparer

Preparer
Brian R Dixon
Phone
9897939830
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To develop computer software for the administration and operation of eye banks (organizations which recover and make available to health care organizations eye tissue for transplantation or research)and to provide on-going maintenance and support in their use of software.

Form 990

All employees of the company are employed by midwest eye-banks

Form 990, Part IX, Line 11G

Professional services 74,524 17,692 0 leased employees 675,863 0 0

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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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IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0146018
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt09653
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt013738
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL O'KEEFE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0169409
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO DEVELOP COMPUTER SOFTWARE FOR THE ADMINISTRATION AND OPERATION OF EYE BANKS (ORGANIZATIONS WHICH RECOVER AND MAKE AVAILABLE TO HEALTH CARE ORGANIZATIONS EYE TISSUE FOR TRANSPLANTATION OR RESEARCH)AND TO PROVIDE ON-GOING MAINTENANCE AND SUPPORT IN THEIR USE OF SOFTWARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL EMPLOYEES OF THE COMPANY ARE EMPLOYED BY MIDWEST EYE-BANKS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS REVIEWED BY THE CEO AND CFO PRIOR TO FILING. 990 IS ALSO PROVIDED VIA E-MAIL TO ALL BOARD MEMBERS FOR COMMENTS AND QUESTIONS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3POLICY IS REVIEWED DURING NEW EMPLOYEE ORIENTATION AND ANNUALLY WITH ENTIRE STAFF AND BOARD OF DIRECTORS. POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY SENIOR STAFF UPON DISCOVERY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL STAFF ARE LEASED FROM MIDWEST EYE BANKS, THE EYE BANK USES THE SAME PROCESS TO SET SALARIES FOR TOP OFFICIALS. A PERFORMANCE REVIEW IS CONDUCTED BY THE BOARD HR COMMITTEE; MERIT INCREASE IS RECOMMENDED BY THE HR COMMITTEE AND APPROVED BY THE BOARD. THE EXECUTIVE DIRECTOR IS NOT PART OF COMPENSATION DISCUSSION. THE EXECUTIVE DIRECTOR'S SALARY IS COMPARED TO SALARIES OF OTHER EXECUTIVE DIRECTOR'S AT PEER ORGANIZATIONS; OTHER EYE BANKS, OPOS, OTHER NONPROFIT ORGANIZATIONS OF SIMILAR SIZE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROFESSIONAL SERVICES 74,524 17,692 0 LEASED EMPLOYEES 675,863 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd4false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd5false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine10MIDWEST EY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine11MIDWEST EY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine12MIDWEST EY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine13MIDWEST EY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine14MIDWEST EY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine15MIDWEST EY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine20MIDWEST EYE-BANKS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine21MIDWEST EYE-BANKS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine22MIDWEST EYE-BANKS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine23MIDWEST EYE-BANKS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine24MIDWEST EYE-BANKS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine25MIDWEST EYE-BANKS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10MIDWEST EYE-BANKS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine11MICHIGAN EYE-BANK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine12ILLINOIS EYE-BANK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine13LIONS EYE-BANK OF NEW JERSEY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine14CLEVELAND EYE-BANK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine15MIDWEST EYE-BANK INTERNATIONAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0382117115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1273107692
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt53
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd5MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EYE BANK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1EYE BANK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2EYE BANK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3EYE BANK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4EYE BANK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5EYE-BANK
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt57
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine104889 VENTURE DR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine114889 VENTURE DR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine12547 WEST JACKSON BLVD SUITE 600
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1377 BRANT AVE SUITE 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine146700 EUCLID AVE SUITE 101
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine154889 VENTURE DR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0ANN ARBOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City1ANN ARBOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City2CHICAGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City3CLARK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City4CLEVELAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City5ANN ARBOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State1MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State2IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State3NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State4OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State5MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode048108
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode148108
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode260661
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode307066
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode444103
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode548108
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0true
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01370015
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1233865
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10MIDWEST EYE-BANKS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine11MIDWEST EYE-BANKS
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IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

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