Civic Intelligence

Footbridge Inc

990 • Fiscal year 2023 • EIN 46-5034865

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 03, 2024

PO Box 1716Welcome, NC 27374

(336) 817-9383

Siviq Scores

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

Liabilities / Assets

61st percentile

0.00x

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

2023 filings • NTEE Z99 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

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

2023 filings • NTEE Z99 • <$500k nonprofits • Source year 2023

Net Margin

22nd percentile

-27%

Higher net margin than 22% of similar nonprofits.

2023 filings • NTEE Z99 • <$500k nonprofits • Source year 2023

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • NTEE Z99 • <$500k nonprofits • Source year 2023

Asset Growth

28th percentile

-12%

Faster asset growth than 28% of similar nonprofits.

2023 filings • NTEE Z99 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

48th percentile

1.9%

Faster revenue growth than 48% of similar nonprofits.

2023 filings • NTEE Z99 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$407,841

Down $57,428 (-12%) from 2022

Net Assets

Down

$407,841

Down $57,428 (-12%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$207,239

Up $3,911 (+1.9%) from 2022

Expenses

Up

$263,412

Up $30,061 (+13%) from 2022

Net Income

Down

-$56,173

Down $26,150 (-87%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2019: $492,135Liabilities 2019: $0Net Assets 2019: $492,1352019Assets 2020: $534,102Liabilities 2020: $0Net Assets 2020: $534,1022020Assets 2021: $495,333Liabilities 2021: $0Net Assets 2021: $495,3332021Assets 2022: $465,269Liabilities 2022: $0Net Assets 2022: $465,2692022Assets 2023: $407,841Liabilities 2023: $0Net Assets 2023: $407,8412023Assets 2024: $385,382Liabilities 2024: $0Net Assets 2024: $385,3822024

Highlighted filing

2023

Assets$407,841
Liabilities$0
Net Assets$407,841

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2019: $646,792Expenses 2019: $236,700Net Income 2019: $410,0922019Revenue 2020: $246,268Expenses 2020: $201,641Net Income 2020: $44,6272020Revenue 2021: $198,030Expenses 2021: $239,082Net Income 2021: -$41,0522021Revenue 2022: $203,328Expenses 2022: $233,351Net Income 2022: -$30,0232022Revenue 2023: $207,239Expenses 2023: $263,412Net Income 2023: -$56,1732023Revenue 2024: $209,831Expenses 2024: $235,007Net Income 2024: -$25,1762024

Highlighted filing

2023

Revenue$207,239
Expenses$263,412
Net Income-$56,173
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 3, 2024
Return Version
2023v5.0
Gross Receipts
$207,717
Mission and Program Overview

Mission

Connect doctors and medical professionals from all fields of the healthcare world to missions among the world's poor, in order to help meet their physical and spiritual needs. Additionally provide access to educational opportunities to nationals that they might carry on the expansion of christ's work in their community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$209,675$106,931▼ $102,744
Savings and Temporary Cash Investments-$101,296-
Inventories for Sale or Use$94,447$94,447→ $0
Cash and Non-Interest-Bearing Accounts$145,150$89,493▼ $55,657
Investments in Publicly Traded Securities$15,997$15,674▼ $323
Total Assets$465,269$407,841▼ $57,428
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$445,269$387,841▼ $57,428
Net Assets With Donor Restrictions$20,000$20,000→ $0
Total Net Assets Fund Balance$465,269$407,841▼ $57,428
Total Liabilities and Net Assets / Fund Balance$465,269$407,841▼ $57,428

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$106,931$604,390$711,321
Compensation and Service Providers

Board Members and Trustees

NameTitle
Daniel SpainhourPresident
Conrad FrittsAdvisory Boa
David SpainhourAdvisory Boa
Steve RobertsonAdvisory Boa
Tim HanauerAdvisory Boa
Vicky PruittAdvisory Boa
Marsha DevaneAst. Med. Di
Lindsey SowersCFO
Randal LeonardCOO
David McneilMedical Clin
Dr Amy TempleMedical Dire
Kenneth FosterProgam Manag
Revenue and Support

Revenue Composition

Contributions and Grants
$206,621
Program Service Revenue
$0
Investment Income
$1,096
Other Revenue
$-478
All Other Contributions
$203,311
Change in Net Assets
$-56,173
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$206,739
Grants and Similar Amounts Paid$56,673
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$109,379--$109,379
Foreign Grants$56,673--$56,673
Fees for Services Accounting-$31,010-$31,010
Fees for Services Other$15,010--$15,010
Office Expenses-$5,949-$5,949
Insurance$5,731--$5,731
Advertising$3,617--$3,617
Information Technology$3,250--$3,250
Fees for Service Investment Mgmnt Fees-$164-$164
Other Expenses$123--$123
Interest-$86-$86
Total Functional Expenses$226,203$37,209$0$263,412
International Activity

International Summary

Spending
$56,673

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Togo AfricaGrantsSchooling Assistance--$56,673
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$478
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
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Footbridge, inc. Whistleblower protection policy footbridge, inc. Requires directors, officers, board members, independent contractors, and volunteers to observe high standards of business and personal ethics in the conduct of their duties and responsibilities. As representatives of footbridge, we must practice honesty and integrity in fulfilling our responsibilities and comply with all applicable laws and regulations. Reporting responsibility this whistleblower policy is intended to encourage and enable directors, officers, board members, independent contractors, and volunteers to raise serious concerns internally so that footbridge can address and correct inappropriate conduct and actions if they should arise. It is the responsibility of all directors, officers, board members, independent contractors, and volunteers to report concerns about violations of footbridge's code of ethics or suspected violations of law or regulations that govern footbridge's operations. No retaliation it is contrary to the values of footbridge for anyone to retaliate against any directors, officers, board members, independent contractors, or volunteers who in good faith reports an ethics violation, or a suspected violation of law, such as a complaint of discrimination, or suspected fraud, or suspected violation of any regulation governing the operations of footbridge. Any stakeholder who retaliates against someone who has reported a violation in good faith is subject to discipline up to and including termination of their held position. Reporting procedure footbridge has an open door policy and suggests that all stakeholders share their questions, concerns, suggestions, or complaints with the president, whom can be emailed at [email protected]. If you are not comfortable speaking with the president or you are not satisfied with the president's response, you are encouraged to speak with the chief operating officer, whom can be emailed at [email protected]. The president is responsible for ensuring that all complaints about unethical or illegal conduct are investigated and resolved. The president will advise the board of directors of all complaints and their resolution and will report at least annually to the board of directors on compliance activity relating to accounting or alleged financial improprieties. Accounting and auditing matters footbridge shall immediately notify the chief financial officer of any concern or complaint regarding corporate accounting practices, internal controls, or auditing, and work with the chief financial officer until the matter is resolved. Acting in good faith anyone filing a written complaint concerning a violation or suspected violation must be acting in good faith and have reasonable grounds for believing the information disclosed indicates a violation. Any allegations that prove not to be substantiated and which prove to have been made maliciously or knowingly to be false will be viewed as a serious disciplinary offense. Confidentiality violations or suspected violations may be submitted on a confidential basis by the complainant. Reports of violations or suspected violations will be kept confidential to the extent possible, consistent with the need to conduct an adequate investigation. Handling of reported violations footbridge will notify the person who submitted a complaint and acknowledge receipt of the reported violation or suspected violation. All reports will be promptly investigated and appropriate corrective action will be taken if warranted by the investigation. Footbridge record retention and destruction policy these policies cover all records regardless of physical form or characteristics which have been made or received by footbridge, inc. I.purpose of policies these policies provide for the systematic review, retention and destruction of records received or created by footbridge, inc. In connection with the transaction of business. These policies cover all records, regardless of physical form

Form 990, Page 6, Part VI, Line 2

Danny spainhour david spainhour president board member siblings

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

The 990 is reviewed by the board of directors before it is filed.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Footbridge Inc
EIN
46-5034865
Phone
3368179383
Address
PO BOX 1716, WELCOME, NC 27374

Signing Officer

Name
Daniel Spainhour
Title
President
Phone
3368179383
Signed
2024-06-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Spainhour
Formed
2014
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
316

Preparer

Firm
Cannon & Company Llp
Address
2160 COUNTRY CLUB RD, WINSTONSALEM, NC 27104-4208
Preparer
Tony M Harris Jr
Phone
3367250635
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Connect doctors and medical professionals from all fields of the healthcare world to missions among the world's poor, in order to help meet their physical and spiritual needs. Additionally provide access to educational opportunities to nationals that they might carry on the expansion of christ's work in their community.

Form 990, Page 1, Part I, Line 6

Medical professionals and volunteers necessary to staff "no charge" clinics

Form 990, Page 2, Part III, Line 4D

World to missions among the world's poor in order to help meet theirconnect doctors and medical professionals from all fields of the healthcare

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IRS990/PrincipalOfficerNm0DANIEL SPAINHOUR
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE ACCESS TO EDUCATIONAL OPPORTUNITIES IN COLLEGES AND UNIVERSITIES TO FOREIGN NATIONALS THAT THEY MIGHT CARRY ON THE EXPANSION OF CHRIST'S WORK IN THEIR COMMUNITY. IN 2020, ESTABLISHING A K-12TH GRADE CHILD SPONSORHIP PARTNERSHIP IN TOGO, AFRICA, TO PROVIDE ORPHANED AND UNDERPRIVILEGED STUDENTS QUALITY CHRISTIAN EDUCATIONAL OPPORTUNITES THAT ENSURE THEY BECOME RESPONSIBLE AND PRODUCTIVE CITIZENS. IN 2021,PROVIDED START-UP FUNDS FOR A VOCATIONAL SCHOOL IN TOGO. IN 2023, TOGO STUDENT SPONSORHIP BEGAN 2023 WITH 72 SPONSORS AND 86 CHILDREN SPONSORED. THE YEAR ENDED WITH 102 SPONSORS AND 110 CHILDREN
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt059923
IRS990/ProgSrvcAccomActy2Grp/GrantAmt056673
IRS990/ProgSrvcAccomActyOtherGrp/Desc0WORLD TO MISSIONS AMONG THE WORLD'S POOR IN ORDER TO HELP MEET THEIRCONNECT DOCTORS AND MEDICAL PROFESSIONALS FROM ALL FIELDS OF THE HEALTHCARE
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0TOGO AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0SCHOOLING ASSISTANCE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
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IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt0115
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IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0SCHOOLING ASSISTANCE
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0TOGO AFRICA 56,673 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CONNECT DOCTORS AND MEDICAL PROFESSIONALS FROM ALL FIELDS OF THE HEALTHCARE WORLD TO MISSIONS AMONG THE WORLD'S POOR, IN ORDER TO HELP MEET THEIR PHYSICAL AND SPIRITUAL NEEDS. ADDITIONALLY PROVIDE ACCESS TO EDUCATIONAL OPPORTUNITIES TO NATIONALS THAT THEY MIGHT CARRY ON THE EXPANSION OF CHRIST'S WORK IN THEIR COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEDICAL PROFESSIONALS AND VOLUNTEERS NECESSARY TO STAFF "NO CHARGE" CLINICS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WORLD TO MISSIONS AMONG THE WORLD'S POOR IN ORDER TO HELP MEET THEIRCONNECT DOCTORS AND MEDICAL PROFESSIONALS FROM ALL FIELDS OF THE HEALTHCARE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FOOTBRIDGE, INC. WHISTLEBLOWER PROTECTION POLICY FOOTBRIDGE, INC. REQUIRES DIRECTORS, OFFICERS, BOARD MEMBERS, INDEPENDENT CONTRACTORS, AND VOLUNTEERS TO OBSERVE HIGH STANDARDS OF BUSINESS AND PERSONAL ETHICS IN THE CONDUCT OF THEIR DUTIES AND RESPONSIBILITIES. AS REPRESENTATIVES OF FOOTBRIDGE, WE MUST PRACTICE HONESTY AND INTEGRITY IN FULFILLING OUR RESPONSIBILITIES AND COMPLY WITH ALL APPLICABLE LAWS AND REGULATIONS. REPORTING RESPONSIBILITY THIS WHISTLEBLOWER POLICY IS INTENDED TO ENCOURAGE AND ENABLE DIRECTORS, OFFICERS, BOARD MEMBERS, INDEPENDENT CONTRACTORS, AND VOLUNTEERS TO RAISE SERIOUS CONCERNS INTERNALLY SO THAT FOOTBRIDGE CAN ADDRESS AND CORRECT INAPPROPRIATE CONDUCT AND ACTIONS IF THEY SHOULD ARISE. IT IS THE RESPONSIBILITY OF ALL DIRECTORS, OFFICERS, BOARD MEMBERS, INDEPENDENT CONTRACTORS, AND VOLUNTEERS TO REPORT CONCERNS ABOUT VIOLATIONS OF FOOTBRIDGE'S CODE OF ETHICS OR SUSPECTED VIOLATIONS OF LAW OR REGULATIONS THAT GOVERN FOOTBRIDGE'S OPERATIONS. NO RETALIATION IT IS CONTRARY TO THE VALUES OF FOOTBRIDGE FOR ANYONE TO RETALIATE AGAINST ANY DIRECTORS, OFFICERS, BOARD MEMBERS, INDEPENDENT CONTRACTORS, OR VOLUNTEERS WHO IN GOOD FAITH REPORTS AN ETHICS VIOLATION, OR A SUSPECTED VIOLATION OF LAW, SUCH AS A COMPLAINT OF DISCRIMINATION, OR SUSPECTED FRAUD, OR SUSPECTED VIOLATION OF ANY REGULATION GOVERNING THE OPERATIONS OF FOOTBRIDGE. ANY STAKEHOLDER WHO RETALIATES AGAINST SOMEONE WHO HAS REPORTED A VIOLATION IN GOOD FAITH IS SUBJECT TO DISCIPLINE UP TO AND INCLUDING TERMINATION OF THEIR HELD POSITION. REPORTING PROCEDURE FOOTBRIDGE HAS AN OPEN DOOR POLICY AND SUGGESTS THAT ALL STAKEHOLDERS SHARE THEIR QUESTIONS, CONCERNS, SUGGESTIONS, OR COMPLAINTS WITH THE PRESIDENT, WHOM CAN BE EMAILED AT [email protected]. IF YOU ARE NOT COMFORTABLE SPEAKING WITH THE PRESIDENT OR YOU ARE NOT SATISFIED WITH THE PRESIDENT'S RESPONSE, YOU ARE ENCOURAGED TO SPEAK WITH THE CHIEF OPERATING OFFICER, WHOM CAN BE EMAILED AT [email protected]. THE PRESIDENT IS RESPONSIBLE FOR ENSURING THAT ALL COMPLAINTS ABOUT UNETHICAL OR ILLEGAL CONDUCT ARE INVESTIGATED AND RESOLVED. THE PRESIDENT WILL ADVISE THE BOARD OF DIRECTORS OF ALL COMPLAINTS AND THEIR RESOLUTION AND WILL REPORT AT LEAST ANNUALLY TO THE BOARD OF DIRECTORS ON COMPLIANCE ACTIVITY RELATING TO ACCOUNTING OR ALLEGED FINANCIAL IMPROPRIETIES. ACCOUNTING AND AUDITING MATTERS FOOTBRIDGE SHALL IMMEDIATELY NOTIFY THE CHIEF FINANCIAL OFFICER OF ANY CONCERN OR COMPLAINT REGARDING CORPORATE ACCOUNTING PRACTICES, INTERNAL CONTROLS, OR AUDITING, AND WORK WITH THE CHIEF FINANCIAL OFFICER UNTIL THE MATTER IS RESOLVED. ACTING IN GOOD FAITH ANYONE FILING A WRITTEN COMPLAINT CONCERNING A VIOLATION OR SUSPECTED VIOLATION MUST BE ACTING IN GOOD FAITH AND HAVE REASONABLE GROUNDS FOR BELIEVING THE INFORMATION DISCLOSED INDICATES A VIOLATION. ANY ALLEGATIONS THAT PROVE NOT TO BE SUBSTANTIATED AND WHICH PROVE TO HAVE BEEN MADE MALICIOUSLY OR KNOWINGLY TO BE FALSE WILL BE VIEWED AS A SERIOUS DISCIPLINARY OFFENSE. CONFIDENTIALITY VIOLATIONS OR SUSPECTED VIOLATIONS MAY BE SUBMITTED ON A CONFIDENTIAL BASIS BY THE COMPLAINANT. REPORTS OF VIOLATIONS OR SUSPECTED VIOLATIONS WILL BE KEPT CONFIDENTIAL TO THE EXTENT POSSIBLE, CONSISTENT WITH THE NEED TO CONDUCT AN ADEQUATE INVESTIGATION. HANDLING OF REPORTED VIOLATIONS FOOTBRIDGE WILL NOTIFY THE PERSON WHO SUBMITTED A COMPLAINT AND ACKNOWLEDGE RECEIPT OF THE REPORTED VIOLATION OR SUSPECTED VIOLATION. ALL REPORTS WILL BE PROMPTLY INVESTIGATED AND APPROPRIATE CORRECTIVE ACTION WILL BE TAKEN IF WARRANTED BY THE INVESTIGATION. FOOTBRIDGE RECORD RETENTION AND DESTRUCTION POLICY THESE POLICIES COVER ALL RECORDS REGARDLESS OF PHYSICAL FORM OR CHARACTERISTICS WHICH HAVE BEEN MADE OR RECEIVED BY FOOTBRIDGE, INC. I.PURPOSE OF POLICIES THESE POLICIES PROVIDE FOR THE SYSTEMATIC REVIEW, RETENTION AND DESTRUCTION OF RECORDS RECEIVED OR CREATED BY FOOTBRIDGE, INC. IN CONNECTION WITH THE TRANSACTION OF BUSINESS. THESE POLICIES COVER ALL RECORDS, REGARDLESS OF PHYSICAL FORM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DANNY SPAINHOUR DAVID SPAINHOUR PRESIDENT BOARD MEMBER SIBLINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/USAddress/AddressLine1Txt01363 GEORGE HEGE RD
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL SPAINHOUR
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ReturnHeader/BusinessOfficerGrp/PhoneNum03368179383
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