Civic Intelligence

Found in Translation Inc.

990 • Fiscal year 2022 • EIN 45-3302596

Sep 01, 2021 to Aug 31, 2022 • Filed on Mar 07, 2023

1532B Dorchester AvenueDorchester, MA 02122

(617) 326-6600

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.07x

Higher debt load relative to assets than 52% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

45th percentile

0.06x

Higher debt load relative to revenue than 45% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

89th percentile

48%

Higher net margin than 89% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

65th percentile

$92,849

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

96th percentile

162%

Faster asset growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

81st percentile

48%

Faster revenue growth than 81% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,755,353

Up $1,085,851 (+162%) from 2021

Net Assets

Up

$1,630,459

Up $983,587 (+152%) from 2021

Liabilities

Up

$124,894

Up $102,264 (+452%) from 2021

Revenue

Up

$2,049,709

Up $665,185 (+48%) from 2021

Expenses

Up

$1,066,122

Up $168,936 (+19%) from 2021

Net Income

Up

$983,587

Up $496,249 (+102%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2013: $0Liabilities 2013: $02013Assets 2014: $113,174Liabilities 2014: $6,949Net Assets 2014: $106,2252014Assets 2015: $133,331Liabilities 2015: $10,080Net Assets 2015: $123,2512015Assets 2016: $78,150Liabilities 2016: $89,650Net Assets 2016: -$11,5002016Assets 2017: $31,744Liabilities 2017: $101,923Net Assets 2017: -$70,1792017Assets 2018: $52,271Liabilities 2018: $64,384Net Assets 2018: -$12,1132018Assets 2019: $202,092Liabilities 2019: $19,188Net Assets 2019: $182,9042019Assets 2020: $259,566Liabilities 2020: $100,032Net Assets 2020: $159,5342020Assets 2021: $669,502Liabilities 2021: $22,630Net Assets 2021: $646,8722021Assets 2022: $1,755,353Liabilities 2022: $124,894Net Assets 2022: $1,630,4592022Assets 2023: $1,443,483Liabilities 2023: $203,465Net Assets 2023: $1,240,0182023Assets 2024: $845,125Liabilities 2024: $67,754Net Assets 2024: $777,3712024

Highlighted filing

2022

Assets$1,755,353
Liabilities$124,894
Net Assets$1,630,459

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $259,540Expenses 2014: $226,516Net Income 2014: $33,0242014Revenue 2015: $305,838Expenses 2015: $288,812Net Income 2015: $17,0262015Revenue 2016: $251,881Expenses 2016: $386,632Net Income 2016: -$134,7512016Revenue 2017: $413,964Expenses 2017: $472,643Net Income 2017: -$58,6792017Revenue 2018: $474,163Expenses 2018: $416,097Net Income 2018: $58,0662018Revenue 2019: $863,254Expenses 2019: $668,237Net Income 2019: $195,0172019Revenue 2020: $652,049Expenses 2020: $675,419Net Income 2020: -$23,3702020Revenue 2021: $1,384,524Expenses 2021: $897,186Net Income 2021: $487,3382021Revenue 2022: $2,049,709Expenses 2022: $1,066,122Net Income 2022: $983,5872022Revenue 2023: $1,079,635Expenses 2023: $1,470,076Net Income 2023: -$390,4412023Revenue 2024: $1,011,389Expenses 2024: $1,474,036Net Income 2024: -$462,6472024

Highlighted filing

2022

Revenue$2,049,709
Expenses$1,066,122
Net Income$983,587
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Mar 7, 2023
Return Version
2021v4.2
Gross Receipts
$2,049,709
Mission and Program Overview

Mission

To help homeless and low-income multilingual women to achieve economic security through the use of their language skills and to reduce ethnic, racial, and linguistic disparities in health care by unleashing bilingual talent into the workforce.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$470,357$1,215,515▲ $745,158
Cash and Non-Interest-Bearing Accounts$179,876$394,581▲ $214,705
Intangible Assets$0$136,127▲ $136,127
Accounts Receivable$15,939$3,305▼ $12,634
Land, Buildings, and Equipment, Net$0$2,495▲ $2,495
Total Assets$669,502$1,755,353▲ $1,085,851
Other Assets Total$3,330$3,330→ $0
Liabilities
Accounts Payable and Accrued Expenses$22,630$124,894▲ $102,264
Total Liabilities$22,630$124,894▲ $102,264
Net Assets / Fund Balance
Net Assets With Donor Restrictions$526,013$1,410,009▲ $883,996
Net Assets Without Donor Restrictions$120,859$220,450▲ $99,591
Total Net Assets Fund Balance$646,872$1,630,459▲ $983,587
Total Liabilities and Net Assets / Fund Balance$669,502$1,755,353▲ $1,085,851

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,495$515$3,010
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maria VertkinExecutive DirectorFT$83,707$9,142$92,849

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,019,391
Program Service Revenue
$23,658
Investment Income
$0
Other Revenue
$6,660
All Other Contributions
$2,019,391
Change in Net Assets
$983,587

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,049,709
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,049,709
Total Revenue per Form 990
$2,049,709
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$775,487
Other Expenses$290,635
Total Fundraising Expense$190,365
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$362,545$126,113$80,809$569,467
Current Officers, Directors, Trustees, and Key Employees$58,690$19,916$14,243$92,849
Other Employee Benefits$33,836$8,642$14,823$57,301
Payroll Taxes$28,656$12,363$14,851$55,870
Fees for Services Other$11,191$3,560$41,069$55,820
Occupancy$22,712$5,292$9,342$37,346
Fees for Services Accounting-$34,439-$34,439
Information Technology$10,075$766$884$11,725
Other Expenses$4,162$5,326$659$10,147
Insurance$562$6,141$231$6,934
Advertising$728$165$950$1,843
Depreciation Depletion-$515-$515
Total Functional Expenses$644,952$230,805$190,365$1,066,122

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,066,122
Total Expenses per Audited Statements$1,066,122
Total Expenses per Form 990$1,066,122
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
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

Draft is reviewed by Deputy Director, who submits questions and concerns to paid preparer. Upon resolution of questions and concerns, updated draft is reviewed by Executive Director, who forwards any additional questions and concerns to paid preparer. Final draft is then sent to Board for approval.

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

Found in Translation's conflict of interest policy applies to any director, officer, member of a committee of the board of directors or key employee who has a direct or indirect Private Interest (as defined in policy) in a proposed transaction or arrangement involving the corporation. During each Annual Board Meeting, roles for officer seats are determined and conflict of interest statements are collected from all board members. In connection with any actual or possible conflict of interest, an Interested Person must disclose the existence of her or his Private Interest in a proposed transaction or arrangement to the Board. After disclosure of the Private Interest and the material facts to the Board or Committee, members shall discuss and vote upon the question of whether a conflict of interest exists. At the request of the chairperson of the Board or Committee, or upon a majority vote of the Board or Committee members (excluding the Interested Person), the Interested Person shall leave the Board or Committee meeting during such discussion and/or vote. A majority vote of the Board or Committee members (excluding the Interested Person) shall be required to determine that a conflict of interest exists or could reasonably be construed to exist. If the Board or Committee has reasonable cause to believe that an Interested Person has failed to disclose an actual or possible conflict of interest, it shall inform the Interested Person of the basis for such belief and afford the Interested Person an opportunity to explain the alleged failure to disclose. If, after hearing the response of the Interested Person and making such further investigation as may be warranted under the circumstances, the Board or Committee determines that the Interested Person has, in fact, failed to disclose an actual or possible conflict of interest, it may, at its discretion, take appropriate corrective or disciplinary action.

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

The Executive Director's salary is determined by the independent members of the board of directors based on comparability data and a deliberation process.

Form 990, Part VI, Section C, line 19

The Organization makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Found in Translation Inc
EIN
45-3302596
Phone
6173266600
Address
1532B Dorchester Avenue, Dorchester, MA 02122

Signing Officer

Name
Kelly Lynch
Title
Interim Executive Director
Phone
6173266600
Signed
2023-03-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Lynch
Formed
2011
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
10
Employees
69
Volunteers
50

Preparer

Firm
Berry Dunn McNeil & Parker LLC
Address
2211 Congress St, Portland, ME 04102
Preparer
Joseph R Byrne
Phone
2077752387
Supplemental Narrative

Additional Explanations

Form 990, Part X, Line 10: Land, Buildings, and Equipment

Section 1.263(a)-3(n) Election: Found in Translation, Inc. 1532B Dorchester Avenue Dorchester, MA 02122 EIN: 45-3302596 Section 1.263(a)-3(n) Election: Found in Translation, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).

Financial Statement Notes

Part X, Line 2:

The Organization is a nonprofit corporation exempt from federal income taxes under Section 501(c)(3) of the U.S. Internal Revenue Code (Code), whereby only unrelated business income, as defined by Section 512(a)(l) of the Code, is subject to federal income tax. The Organization currently evaluates all tax positions and makes a determination regarding the likelihood of those positions being upheld under review. The primary tax positions made by the Organization are the nonexistence of Unrelated Business Income Tax and the Organization's status as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. For the years presented, the Organization has not recognized any tax benefits or loss contingencies for uncertain tax positions based on this evaluation.

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IRS990/MissionDesc0To help homeless and low-income multilingual women to achieve economic security through the use of their language skills and to reduce ethnic, racial, and linguistic disparities in health care by unleashing bilingual talent into the workforce.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/Organization501c3Ind0X
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt057301
IRS990/OtherExpensesGrp/Desc0Program Supportive Serv
IRS990/OtherExpensesGrp/Desc1Program Supplies
IRS990/OtherExpensesGrp/Desc2Staff Development and T
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IRS990/OtherExpensesGrp/FundraisingAmt112325
IRS990/OtherExpensesGrp/FundraisingAmt2659
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IRS990/OtherExpensesGrp/ProgramServicesAmt34162
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IRS990/OtherExpensesGrp/TotalAmt143181
IRS990/OtherExpensesGrp/TotalAmt232928
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt014851
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012363
IRS990/PayrollTaxesGrp/ProgramServicesAmt028656
IRS990/PayrollTaxesGrp/TotalAmt055870
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01215515
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Kelly Lynch
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1890
IRS990/ProhibitedTaxShelterTransInd00
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IRS990/QuidProQuoContributionsInd00
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IRS990/RegularMonitoringEnfrcInd01
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IRS990/RentalIncomeOrLossGrp/RealAmt06660
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt023658
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Tax Abatement - 2017 Amount: $ 20,000. 2018 Amount: $ 10,000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02019391
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01335015
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0612012
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0807236
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0421283
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05194937
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09845
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt013260
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03800
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0159592
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt020000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt030000
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0807236
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0421283
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05194937
IRS990ScheduleA/TotalSupportAmt05264027
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt02495
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0515
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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
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IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02049709
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is a nonprofit corporation exempt from federal income taxes under Section 501(c)(3) of the U.S. Internal Revenue Code (Code), whereby only unrelated business income, as defined by Section 512(a)(l) of the Code, is subject to federal income tax. The Organization currently evaluates all tax positions and makes a determination regarding the likelihood of those positions being upheld under review. The primary tax positions made by the Organization are the nonexistence of Unrelated Business Income Tax and the Organization's status as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. For the years presented, the Organization has not recognized any tax benefits or loss contingencies for uncertain tax positions based on this evaluation.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt01066122
IRS990ScheduleD/TotalRevenuePerForm990Amt02049709
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02049709
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01066122
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Draft is reviewed by Deputy Director, who submits questions and concerns to paid preparer. Upon resolution of questions and concerns, updated draft is reviewed by Executive Director, who forwards any additional questions and concerns to paid preparer. Final draft is then sent to Board for approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Found in Translation's conflict of interest policy applies to any director, officer, member of a committee of the board of directors or key employee who has a direct or indirect Private Interest (as defined in policy) in a proposed transaction or arrangement involving the corporation. During each Annual Board Meeting, roles for officer seats are determined and conflict of interest statements are collected from all board members. In connection with any actual or possible conflict of interest, an Interested Person must disclose the existence of her or his Private Interest in a proposed transaction or arrangement to the Board. After disclosure of the Private Interest and the material facts to the Board or Committee, members shall discuss and vote upon the question of whether a conflict of interest exists. At the request of the chairperson of the Board or Committee, or upon a majority vote of the Board or Committee members (excluding the Interested Person), the Interested Person shall leave the Board or Committee meeting during such discussion and/or vote. A majority vote of the Board or Committee members (excluding the Interested Person) shall be required to determine that a conflict of interest exists or could reasonably be construed to exist. If the Board or Committee has reasonable cause to believe that an Interested Person has failed to disclose an actual or possible conflict of interest, it shall inform the Interested Person of the basis for such belief and afford the Interested Person an opportunity to explain the alleged failure to disclose. If, after hearing the response of the Interested Person and making such further investigation as may be warranted under the circumstances, the Board or Committee determines that the Interested Person has, in fact, failed to disclose an actual or possible conflict of interest, it may, at its discretion, take appropriate corrective or disciplinary action.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Executive Director's salary is determined by the independent members of the board of directors based on comparability data and a deliberation process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization makes its governing documents, conflict of interest policy, and financial statements available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Section 1.263(a)-3(n) Election: Found in Translation, Inc. 1532B Dorchester Avenue Dorchester, MA 02122 EIN: 45-3302596 Section 1.263(a)-3(n) Election: Found in Translation, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).
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 B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part X, Line 10: Land, Buildings, and Equipment
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
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IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0669502
IRS990/TotalAssetsEOYAmt01755353
IRS990/TotalAssetsGrp/BOYAmt0669502
IRS990/TotalAssetsGrp/EOYAmt01755353

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