Civic Intelligence

Brixy Inc

990 • Fiscal year 2020 • EIN 46-2107596

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 04, 2021

3349 Monroe Ave No 201Rochester, NY 14618

(585) 704-6717

Siviq Scores

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

Liabilities / Assets

78th percentile

0.32x

Higher debt load relative to assets than 78% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

0.78x

Higher debt load relative to revenue than 93% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Net Margin

31st percentile

-1.4%

Higher net margin than 31% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

80th percentile

$130,865

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 41.3% of source-year revenue.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Asset Growth

87th percentile

39%

Faster asset growth than 87% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

26th percentile

-24%

Faster revenue growth than 26% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$762,961

Up $213,450 (+39%) from 2019

Net Assets

Down

$515,091

Down $4,447 (-0.9%) from 2019

Liabilities

Up

$247,870

Up $217,897 (+727%) from 2019

Revenue

Down

$316,837

Down $99,573 (-24%) from 2019

Expenses

Down

$321,284

Down $138,469 (-30%) from 2019

Net Income

Up

-$4,447

Up $38,896 (+90%) from 2019

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$0Assets 2014: $159,851Liabilities 2014: $26,966Net Assets 2014: $132,8852014Assets 2015: $292,277Liabilities 2015: $39,228Net Assets 2015: $253,0492015Assets 2016: $567,723Liabilities 2016: $28,260Net Assets 2016: $539,4632016Assets 2017: $639,079Liabilities 2017: $30,164Net Assets 2017: $608,9152017Assets 2018: $614,493Liabilities 2018: $51,612Net Assets 2018: $562,8812018Assets 2019: $549,511Liabilities 2019: $29,973Net Assets 2019: $519,5382019Assets 2020: $762,961Liabilities 2020: $247,870Net Assets 2020: $515,0912020Assets 2021: $694,220Liabilities 2021: $229,428Net Assets 2021: $464,7922021Assets 2022: $1,067,075Liabilities 2022: $334,140Net Assets 2022: $732,9352022Assets 2023: $1,216,189Liabilities 2023: $400,424Net Assets 2023: $815,7652023Assets 2024: $1,555,969Liabilities 2024: $676,915Net Assets 2024: $879,0542024

Highlighted filing

2020

Assets$762,961
Liabilities$247,870
Net Assets$515,091

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $414,780Expenses 2014: $281,895Net Income 2014: $132,8852014Revenue 2015: $792,531Expenses 2015: $672,367Net Income 2015: $120,1642015Revenue 2016: $680,160Expenses 2016: $393,746Net Income 2016: $286,4142016Revenue 2017: $529,538Expenses 2017: $460,086Net Income 2017: $69,4522017Revenue 2018: $445,530Expenses 2018: $491,566Net Income 2018: -$46,0362018Revenue 2019: $416,410Expenses 2019: $459,753Net Income 2019: -$43,3432019Revenue 2020: $316,837Expenses 2020: $321,284Net Income 2020: -$4,4472020Revenue 2021: $292,642Expenses 2021: $342,941Net Income 2021: -$50,2992021Revenue 2022: $676,919Expenses 2022: $408,776Net Income 2022: $268,1432022Revenue 2023: $520,874Expenses 2023: $438,044Net Income 2023: $82,8302023Revenue 2024: $576,155Expenses 2024: $512,866Net Income 2024: $63,2892024

Highlighted filing

2020

Revenue$316,837
Expenses$321,284
Net Income-$4,447
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 4, 2021
Return Version
2020v4.1
Gross Receipts
$861,907
Mission and Program Overview

Mission

Brixy is a trade association of independently owned brick and mortar stores in the juvenile industry. The goal of the organization is to unite these specialty stores into a single organization in order to give them the scale needed to negotiate with manufacturers, market to consumers on a national level, and achieve other economies of scale in purchasing training or other operating expenses.

A trade association of independently owned brick and mortar stores for juveniles.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$149,982$342,958▲ $192,976
Cash and Non-Interest-Bearing Accounts$194,640$306,011▲ $111,371
Inventories for Sale or Use$84,151$89,794▲ $5,643
Accounts Receivable$114,714$20,149▼ $94,565
Intangible Assets$4,770$3,770▼ $1,000
Land, Buildings, and Equipment, Net$1,254$279▼ $975
Total Assets$549,511$762,961▲ $213,450
Liabilities
Unsecured Notes Loans Payable-$196,714-
Accounts Payable and Accrued Expenses$21,872$35,069▲ $13,197
Other Liabilities$8,101$16,087▲ $7,986
Total Liabilities$29,973$247,870▲ $217,897
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$519,538$515,091▼ $4,447
Total Net Assets Fund Balance$519,538$515,091▼ $4,447
Total Liabilities and Net Assets / Fund Balance$549,511$762,961▲ $213,450

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$279$4,594$4,873
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark SimonExecutive DirectorFT$120,000$10,865$130,865

Board Members and Trustees

NameTitle
Molly GingPresident
Jessica SmithDirector
Marc SeidmanDirector
Morgan HarrisDirector
Sean HansenDirector
Anne McgahaSecretary
Bryan MariniTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$225,312
Program Service Revenue
$14,252
Investment Income
$162
Other Revenue
$77,111
All Other Contributions
$63,750
Change in Net Assets
$-4,447
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$224,061
Other Expenses$97,223
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$130,865
Other Salaries and Wages---$75,829
Advertising---$27,319
Fees for Services Other---$25,361
Insurance---$17,497
Payroll Taxes---$15,227
Fees for Services Accounting---$7,690
Office Expenses---$3,781
Other Expenses---$3,351
Pension Plan Contributions---$2,140
Depreciation Depletion---$1,975
Fees for Services Legal---$1,315
Travel---$1,151
Conferences and Meetings---$1,067
Information Technology---$788
Total Functional Expenses$0$0$0$321,284
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rebates Payable to Members$16,087
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Specialty retailers in the juvenile industry that meet the eligibility criteria set forth in the membership criteria policy adopted by the board of directors are eligible to become members. A member is defined as a single business entity, regardless of the number of brick and mortar stores owned by that entity. Multiple memberships are not required or permitted for multiple brick and mortar locations. Each member, meaning each business entity, is allotted one vote, provided the member is in good standing. The board of directors may establish other membership classes that have no vote and that are ineligible to serve as directors or officers.

Form 990, Part VI, Section A, Line 7A

The directors, except for the executive director, are elected by brixy's members at the annual meeting. Voting at membership meetings may be in person but not by proxy with each voting member having a single vote. A majority of those voting where a quorum is present carries action. A quorum for membership voting is 10% of the voting members. Members may vote without a meeting in elections or on any matter presented by the board of directors where the votes are submitted in writing by postal or other delivery or by electronic means and a quorum participates.

Form 990, Part VI, Section A, Line 7B

The directors, except for the executive director, are elected by brixy's members at the annual meeting. Voting at membership meetings may be in person but not by proxy with each voting member having a single vote. A majority of those voting where a quorum is present carries action. A quorum for membership voting is 10% of the voting members. Members may vote without a meeting in elections or on any matter presented by the board of directors where the votes are submitted in writing by postal or other delivery or by electronic means and a quorum participates.

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

Prior to filing, the form 990 is reviewed by the executive director, then sent to the executive committee consisting of the board president, vice president, treasurer and all baby & child board liaison, and then circulated to the entire board of directors for review.

Form 990, Part VI, Section C, Line 19

Brixy makes its governing documents available upon request.

Filing and Contact Details

Filer

Filer Name
Brixy Inc
EIN
46-2107596
Phone
5857046717
Address
3349 MONROE AVE NO 201, ROCHESTER, NY 14618

Signing Officer

Name
Mark Simon
Title
Executive Director
Phone
5857046717
Signed
2021-10-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Simon
Formed
2013
Legal Domicile
De
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
7

Preparer

Firm
Rdg Partners Cpas Pllc
Address
69B MONROE AVENUE, PITTSFORD, NY 14534-1321
Preparer
Lori Jansen CPA
Phone
5856732600
Supplemental Narrative

Additional Explanations

FORM 990, PAGE 2, PART III, LINE 1 - ORGANIZATION'S MISSION

Brixy is a trade association of independently owned brick and mortar stores in the juvenile industry. The goal of the organization is to unite these specialty stores into a single organization in order to give them the scale needed to negotiate with manufacturers, market to consumers on a national level, and achieve other economies of scale in purchasing training or other operating expenses.

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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/ProgSrvcAccomActy2Grp/Desc0DEVELOPED MARKETING CAMPAIGNS THAT RETAILERS CAN USE IN MARKETING TO NEW AND EXISTING CUSTOMERS. BRIXY MADE AVAILABLE A DIGITAL MEDIA KIT FOR MEMBERS TO USE IN PROMOTING BRIXY'S PRIVATE LABEL FURNITURE COLLECTION, AND WORKED ON MARKETING CAMPAIGNS WITH FIT PREGNANCY MAGAZINE AND THE BABY GUY NYC.
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDED RESOURCES AND TRAINING ON SALES, PRODUCTS, SAFETY TRENDS, AND MORE. BRIXY OFFERED 12 DIFFERENT EDUCATION SESSIONS ON MARKETING AND RETAIL FINANCE AT THE ANNUAL SPRING EDUCATION CONFERENCE IN LAS VEGAS, NV.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0NEGOTITATED DISCOUNTS WITH KEY MANUFACTURERS FOR THE RETAIL MEMBERS TO USE WHEN PLACING ORDERS. BRIXY OFFERED MEMBERS DISCOUNTS FROM APPROXIMATELY 80 MANUFACTURERS WITH 80% OF BRIXY MEMBERS PARTICIPATING IN AT LEAST ONE DISCOUNT PROGRAM. PROVIDED DISCOUNTS ON KEY OPERATING EXPENSES, SUCH AS CREDIT CARD PROCESSING AND SHIPPING. BRIXY OFFERS MORE THAN 35 DISCOUNTS ON OPERATING EXPENSES SUCH AS CREDIT CARD PROCESSING, PAYROLL PROCESSING, WORKERS COMPENSATION INSURANCE, ETC.
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IRS990ScheduleD/TotalLiabilityAmt016087
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BRIXY IS A TRADE ASSOCIATION OF INDEPENDENTLY OWNED BRICK AND MORTAR STORES IN THE JUVENILE INDUSTRY. THE GOAL OF THE ORGANIZATION IS TO UNITE THESE SPECIALTY STORES INTO A SINGLE ORGANIZATION IN ORDER TO GIVE THEM THE SCALE NEEDED TO NEGOTIATE WITH MANUFACTURERS, MARKET TO CONSUMERS ON A NATIONAL LEVEL, AND ACHIEVE OTHER ECONOMIES OF SCALE IN PURCHASING TRAINING OR OTHER OPERATING EXPENSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SPECIALTY RETAILERS IN THE JUVENILE INDUSTRY THAT MEET THE ELIGIBILITY CRITERIA SET FORTH IN THE MEMBERSHIP CRITERIA POLICY ADOPTED BY THE BOARD OF DIRECTORS ARE ELIGIBLE TO BECOME MEMBERS. A MEMBER IS DEFINED AS A SINGLE BUSINESS ENTITY, REGARDLESS OF THE NUMBER OF BRICK AND MORTAR STORES OWNED BY THAT ENTITY. MULTIPLE MEMBERSHIPS ARE NOT REQUIRED OR PERMITTED FOR MULTIPLE BRICK AND MORTAR LOCATIONS. EACH MEMBER, MEANING EACH BUSINESS ENTITY, IS ALLOTTED ONE VOTE, PROVIDED THE MEMBER IS IN GOOD STANDING. THE BOARD OF DIRECTORS MAY ESTABLISH OTHER MEMBERSHIP CLASSES THAT HAVE NO VOTE AND THAT ARE INELIGIBLE TO SERVE AS DIRECTORS OR OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DIRECTORS, EXCEPT FOR THE EXECUTIVE DIRECTOR, ARE ELECTED BY BRIXY'S MEMBERS AT THE ANNUAL MEETING. VOTING AT MEMBERSHIP MEETINGS MAY BE IN PERSON BUT NOT BY PROXY WITH EACH VOTING MEMBER HAVING A SINGLE VOTE. A MAJORITY OF THOSE VOTING WHERE A QUORUM IS PRESENT CARRIES ACTION. A QUORUM FOR MEMBERSHIP VOTING IS 10% OF THE VOTING MEMBERS. MEMBERS MAY VOTE WITHOUT A MEETING IN ELECTIONS OR ON ANY MATTER PRESENTED BY THE BOARD OF DIRECTORS WHERE THE VOTES ARE SUBMITTED IN WRITING BY POSTAL OR OTHER DELIVERY OR BY ELECTRONIC MEANS AND A QUORUM PARTICIPATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DIRECTORS, EXCEPT FOR THE EXECUTIVE DIRECTOR, ARE ELECTED BY BRIXY'S MEMBERS AT THE ANNUAL MEETING. VOTING AT MEMBERSHIP MEETINGS MAY BE IN PERSON BUT NOT BY PROXY WITH EACH VOTING MEMBER HAVING A SINGLE VOTE. A MAJORITY OF THOSE VOTING WHERE A QUORUM IS PRESENT CARRIES ACTION. A QUORUM FOR MEMBERSHIP VOTING IS 10% OF THE VOTING MEMBERS. MEMBERS MAY VOTE WITHOUT A MEETING IN ELECTIONS OR ON ANY MATTER PRESENTED BY THE BOARD OF DIRECTORS WHERE THE VOTES ARE SUBMITTED IN WRITING BY POSTAL OR OTHER DELIVERY OR BY ELECTRONIC MEANS AND A QUORUM PARTICIPATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, THEN SENT TO THE EXECUTIVE COMMITTEE CONSISTING OF THE BOARD PRESIDENT, VICE PRESIDENT, TREASURER AND ALL BABY & CHILD BOARD LIAISON, AND THEN CIRCULATED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BRIXY MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 1 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0DE
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0549511
IRS990/TotalAssetsEOYAmt0762961
IRS990/TotalAssetsGrp/BOYAmt0549511
IRS990/TotalAssetsGrp/EOYAmt0762961
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0225312
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/TotalAmt0321284
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt029973
IRS990/TotalLiabilitiesEOYAmt0247870
IRS990/TotalLiabilitiesGrp/BOYAmt029973
IRS990/TotalLiabilitiesGrp/EOYAmt0247870
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0519538
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0515091
IRS990/TotalOtherCompensationAmt010865
IRS990/TotalProgramServiceRevenueAmt014252
IRS990/TotalReportableCompFromOrgAmt0120000
IRS990/TotalRevenueGrp/ExclusionAmt0162
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt091363
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0316837
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0549511
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0762961
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt01151
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0196714
IRS990/USAddress/AddressLine1Txt03349 MONROE AVE NO 201
IRS990/USAddress/CityNm0ROCHESTER
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd014618
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.BRIXY.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK SIMON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05857046717
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRIXY INC
ReturnHeader/Filer/BusinessNameControlTxt0BRIX
ReturnHeader/Filer/EIN0462107596
ReturnHeader/Filer/PhoneNum05857046717
ReturnHeader/Filer/USAddress/AddressLine1Txt03349 MONROE AVE NO 201
ReturnHeader/Filer/USAddress/CityNm0ROCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014618
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203723571
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RDG PARTNERS CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt069B MONROE AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PITTSFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0145341321
ReturnHeader/PreparerPersonGrp/PhoneNum05856732600
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORI JANSEN CPA
ReturnHeader/ReturnTs02021-10-04T16:04:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SIMON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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