Civic Intelligence

The Conversation Us Inc.

990 • Fiscal year 2022 • EIN 46-0906774

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 21, 2023

303 Wyman Street Suite 300 300Waltham, MA 02451

(857) 305-8674

Siviq Scores

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

Liabilities / Assets

90th percentile

0.73x

Higher debt load relative to assets than 90% of similar nonprofits.

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

Liabilities / Revenue

83rd percentile

0.63x

Higher debt load relative to revenue than 83% of similar nonprofits.

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

Net Margin

12th percentile

-26%

Higher net margin than 12% of similar nonprofits.

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

Top Officer Pay

93rd percentile

$239,887

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

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

Asset Growth

2nd percentile

-53%

Faster asset growth than 2% of similar nonprofits.

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

Revenue Growth

5th percentile

-64%

Faster revenue growth than 5% of similar nonprofits.

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

Assets

Down

$3,433,236

Down $3,853,403 (-53%) from 2021

Net Assets

Down

$933,411

Down $1,047,322 (-53%) from 2021

Liabilities

Down

$2,499,825

Down $2,806,081 (-53%) from 2021

Revenue

Down

$3,991,773

Down $7,056,969 (-64%) from 2021

Expenses

Down

$5,039,095

Down $5,591,451 (-53%) from 2021

Net Income

Down

-$1,047,322

Down $1,465,518 (-350%) from 2021

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2013: $1Liabilities 2013: $02013Assets 2014: $1Liabilities 2014: $02014Assets 2015: $1,381,306Liabilities 2015: $117,442Net Assets 2015: $1,263,8642015Assets 2016: $1,355,102Liabilities 2016: $385,439Net Assets 2016: $969,6632016Assets 2017: $2,723,206Liabilities 2017: $511,914Net Assets 2017: $2,211,2922017Assets 2018: $2,248,511Liabilities 2018: $789,389Net Assets 2018: $1,459,1222018Assets 2019: $1,413,118Liabilities 2019: $1,020,284Net Assets 2019: $392,8342019Assets 2020: $2,932,080Liabilities 2020: $1,369,543Net Assets 2020: $1,562,5372020Assets 2021: $7,286,639Liabilities 2021: $5,305,906Net Assets 2021: $1,980,7332021Assets 2022: $3,433,236Liabilities 2022: $2,499,825Net Assets 2022: $933,4112022Assets 2023: $8,907,072Liabilities 2023: $6,979,956Net Assets 2023: $1,927,1162023Assets 2024: $6,547,712Liabilities 2024: $4,168,054Net Assets 2024: $2,379,6582024

Highlighted filing

2022

Assets$3,433,236
Liabilities$2,499,825
Net Assets$933,411

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $2,345,996Expenses 2015: $1,082,132Net Income 2015: $1,263,8642015Revenue 2016: $1,630,290Expenses 2016: $1,924,490Net Income 2016: -$294,2002016Revenue 2017: $3,590,608Expenses 2017: $2,348,979Net Income 2017: $1,241,6292017Revenue 2018: $2,329,277Expenses 2018: $3,081,447Net Income 2018: -$752,1702018Revenue 2019: $2,491,141Expenses 2019: $3,557,429Net Income 2019: -$1,066,2882019Revenue 2020: $4,943,626Expenses 2020: $3,773,923Net Income 2020: $1,169,7032020Revenue 2021: $11,048,742Expenses 2021: $10,630,546Net Income 2021: $418,1962021Revenue 2022: $3,991,773Expenses 2022: $5,039,095Net Income 2022: -$1,047,3222022Revenue 2023: $14,880,569Expenses 2023: $13,886,864Net Income 2023: $993,7052023Revenue 2024: $8,330,437Expenses 2024: $7,877,895Net Income 2024: $452,5422024

Highlighted filing

2022

Revenue$3,991,773
Expenses$5,039,095
Net Income-$1,047,322
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 21, 2023
Return Version
2021v4.2
Gross Receipts
$3,991,773
Mission and Program Overview

Mission

Expert knowledge for the public good

The conversation (tc) is a unique form of global, borderless and independent journalism that brings together academics and journalists across the us to address topics of global interest. It makes the research and scholarly work from the university community accessible worldwide, fosters collaboration and provides readers with high quality, trusted coverage.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,227,547$3,079,388▼ $4,148,159
Accounts Receivable$46,000$244,800▲ $198,800
Pledges and Grants Receivable-$75,008-
Land, Buildings, and Equipment, Net$3,116$16,876▲ $13,760
Prepaid Expenses and Deferred Charges$8,023$10,694▲ $2,671
Total Assets$7,286,639$3,433,236▼ $3,853,403
Other Assets Total$1,953$6,470▲ $4,517
Liabilities
Deferred Revenue$1,219,458$1,218,724▼ $734
Grants Payable$3,805,076$885,413▼ $2,919,663
Accounts Payable and Accrued Expenses$281,372$395,688▲ $114,316
Total Liabilities$5,305,906$2,499,825▼ $2,806,081
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,778,658$911,567▼ $867,091
Net Assets Without Donor Restrictions$202,075$21,844▼ $180,231
Total Net Assets Fund Balance$1,980,733$933,411▼ $1,047,322
Total Liabilities and Net Assets / Fund Balance$7,286,639$3,433,236▼ $3,853,403

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,876$1,849-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bruce WilsonDirectorFT$239,887$239,887
Elizabeth DaleyPresident/directorFT$210,959$210,959
Eric ZackUniversity RelationsFT$131,053$131,053
Martin LamonicaDeputy EditorFT$107,855$107,855
Ernest CrowderDirector of OperationsFT$104,831$104,831

Board Members and Trustees

NameTitle
Benjamin TaylorChair/director
Tina CassidyClerk/director
Alexia Hudson WardDirector
Alvin HallDirector
Elizabeth RitvoDirector
Ernest WilsonDirector
Margaret DrainDirector
Michelle OzumbaDirector
Thomas FeidlerDirector
W Michael MckennaDirector
Samual ThompsonTreasurer/director
Revenue and Support

Revenue Composition

Contributions and Grants
$1,763,464
Program Service Revenue
$2,227,833
Investment Income
$476
Other Revenue
$0
All Other Contributions
$1,520,541
Change in Net Assets
$-1,047,322

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,991,773
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,991,773
Total Revenue per Form 990
$3,991,773
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,617,601
Other Expenses$1,421,494
Total Fundraising Expense$412,739
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,732,459$5,590$311,553$3,049,602
Other Employee Benefits$303,379-$25,619$328,998
Payroll Taxes$215,616-$23,385$239,001
Fees for Services Other$233,873--$233,873
Fees for Services Legal$191,981--$191,981
All Other Expenses$95,307$5,385$20,022$120,714
Travel$87,563$148$9,087$96,798
Advertising$45,291$32-$45,323
Other Expenses$41,173$191$27$41,173
Office Expenses$19,144$955$3,617$23,716
Conferences and Meetings$18,672-$499$19,171
Fees for Services Accounting-$17,864-$17,864
Insurance$9,414$6,322-$15,736
Depreciation Depletion-$1,810-$1,810
Total Functional Expenses$4,586,558$39,798$412,739$5,039,095

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,039,095
Total Expenses per Audited Statements$5,039,095
Total Expenses per Form 990$5,039,095
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
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 given to business manager who sends it to the general manager and the board president and treasurer for review. All questions are gathered and directed back at the independent accountant who prepared the return. When all questions are answered, the return is signed and filed.

Form 990, Part VI, Section C, Line 19

All information is available to the public upon their request.

Filing and Contact Details

Filer

Filer Name
The Conversation US Inc
EIN
46-0906774
Phone
8573058674
Address
303 WYMAN STREET SUITE 300 300, WALTHAM, MA 02451
Doing Business As
The Conversation

Signing Officer

Name
Ernest Crowder
Title
Director of Operations
Phone
8573058674
Signed
2023-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Daley
Formed
2012
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
15
Employees
42
Volunteers
0

Preparer

Firm
Newburg & Company Llp
Address
95 SAWYER ROAD SUITE 120, WALTHAM, MA 02453
Preparer
Howard Newburg
Phone
7818844100
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IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01849
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03116
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016876
IRS990/LandBldgEquipCostOrOtherBssAmt018725
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0EXPERT KNOWLEDGE FOR THE PUBLIC GOOD
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01980733
IRS990/NetAssetsOrFundBalancesEOYAmt0933411
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0202075
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt021844
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt03617
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0955
IRS990/OfficeExpensesGrp/ProgramServicesAmt019144
IRS990/OfficeExpensesGrp/TotalAmt023716
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01953
IRS990/OtherAssetsTotalGrp/EOYAmt06470
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt025619
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0303379
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0328998
IRS990/OtherExpensesGrp/Desc0SUBCONTRACTORS
IRS990/OtherExpensesGrp/Desc1PAYROLL PROCESSING
IRS990/OtherExpensesGrp/Desc2COMPUTER AND SOFTWARE
IRS990/OtherExpensesGrp/Desc3PHOTOGRAPHY
IRS990/OtherExpensesGrp/FundraisingAmt011617
IRS990/OtherExpensesGrp/FundraisingAmt17313
IRS990/OtherExpensesGrp/FundraisingAmt227
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01501
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1191
IRS990/OtherExpensesGrp/ProgramServicesAmt0462297
IRS990/OtherExpensesGrp/ProgramServicesAmt184637
IRS990/OtherExpensesGrp/ProgramServicesAmt245752
IRS990/OtherExpensesGrp/ProgramServicesAmt341173
IRS990/OtherExpensesGrp/TotalAmt0473914
IRS990/OtherExpensesGrp/TotalAmt193451
IRS990/OtherExpensesGrp/TotalAmt245970
IRS990/OtherExpensesGrp/TotalAmt341173
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0311553
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05590
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02732459
IRS990/OtherSalariesAndWagesGrp/TotalAmt03049602
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt023385
IRS990/PayrollTaxesGrp/ProgramServicesAmt0215616
IRS990/PayrollTaxesGrp/TotalAmt0239001
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt075008
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08023
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010694
IRS990/PrincipalOfficerNm0ELIZABETH DALEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0517000
IRS990/ProgramServiceRevenueGrp/BusinessCd1517000
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP FEES
IRS990/ProgramServiceRevenueGrp/Desc1FISCAL SPONSORSHIP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02037833
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1190000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02037833
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1190000
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION ACTED AS A FISCAL SPONSOR OF A GLOBAL RELIGON JOURNALISM COLLOBORATION AND A PHILANTHROPY JOURNALISM COLLABORATION. THESE PROJECTS WILL EDUCATE THE GENERAL PUBLIC AND IMPROVE THE UNDERSTANDING OF RELIGON AND PHILANTHROPY BY THE PROJECTS BROADLY DISTRIBUTED AND WELL RESEARCHED JOURNALISTIC ARTICLES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0504852
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08963034
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt06572482
IRS990/PYInvestmentIncomeAmt05369
IRS990/PYOtherExpensesAmt0904766
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02080339
IRS990/PYRevenuesLessExpensesAmt0418196
IRS990/PYSalariesCompEmpBnftPaidAmt03153298
IRS990/PYTotalExpensesAmt010630546
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011048742
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-1047322
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03801773
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03986645
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03228590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04922615
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02481039
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02311957
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt016930846
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0476
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07415
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt021011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt010101
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt017320
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt056323
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85940
IRS990ScheduleA/PublicSupportPY170Pct00.78500
IRS990ScheduleA/PublicSupportTotal170Amt014598329
IRS990ScheduleA/SubstantialContributorsTotAmt02332517
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03986645
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03228590
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04922615
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02481039
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02311957
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt016930846
IRS990ScheduleA/TotalSupportAmt016987169
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt016876
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01849
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt018725
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05039095
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03991773
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016876
IRS990ScheduleD/TotalExpensesPerForm990Amt05039095
IRS990ScheduleD/TotalRevenuePerForm990Amt03991773
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03991773
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05039095
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0239887
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1210959
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00

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