Civic Intelligence

Activ8 Sports Inc.

990 • Fiscal year 2023 • EIN 47-2053205

Jan 01, 2023 to Dec 31, 2023 • Filed on May 01, 2024

8949 Miners DrHighlands Ranch, CO 80126

(303) 909-2562

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$1,290,830

Up $72,830 (+6.0%) from 2022

Net Assets

Up

$1,029,790

Up $109,203 (+12%) from 2022

Liabilities

Down

$261,040

Down $36,373 (-12%) from 2022

Revenue And Expenses

Revenue

Down

$506,837

Down $32,540 (-6.0%) from 2022

Expenses

Up

$397,634

Up $11,610 (+3.0%) from 2022

Net Income

Down

$109,203

Down $44,150 (-29%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2014: $158,615Liabilities 2014: $5,1612014Assets 2015: $186,109Liabilities 2015: $7,183Net Assets 2015: $178,9262015Assets 2016: $259,929Liabilities 2016: $25,429Net Assets 2016: $234,5002016Assets 2017: $303,559Liabilities 2017: $22,431Net Assets 2017: $281,1282017Assets 2018: $306,335Liabilities 2018: $18,691Net Assets 2018: $287,6442018Assets 2019: $363,007Liabilities 2019: $6,504Net Assets 2019: $356,5032019Assets 2020: $494,129Liabilities 2020: $139,249Net Assets 2020: $354,8802020Assets 2021: $946,301Liabilities 2021: $279,067Net Assets 2021: $667,2342021Assets 2022: $1,218,000Liabilities 2022: $297,413Net Assets 2022: $920,5872022Assets 2023: $1,290,830Liabilities 2023: $261,040Net Assets 2023: $1,029,7902023Assets 2024: $1,319,030Liabilities 2024: $244,847Net Assets 2024: $1,074,1832024

Highlighted filing

2023

Assets$1,290,830
Liabilities$261,040
Net Assets$1,029,790

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $164,931Expenses 2014: $11,477Net Income 2014: $153,4542014Revenue 2015: $216,976Expenses 2015: $191,504Net Income 2015: $25,4722015Revenue 2016: $267,567Expenses 2016: $211,994Net Income 2016: $55,5732016Revenue 2017: $278,968Expenses 2017: $232,340Net Income 2017: $46,6282017Revenue 2018: $227,538Expenses 2018: $226,307Net Income 2018: $1,2312018Revenue 2019: $332,358Expenses 2019: $263,499Net Income 2019: $68,8592019Revenue 2020: $321,537Expenses 2020: $323,160Net Income 2020: -$1,6232020Revenue 2021: $604,266Expenses 2021: $291,912Net Income 2021: $312,3542021Revenue 2022: $539,377Expenses 2022: $386,024Net Income 2022: $153,3532022Revenue 2023: $506,837Expenses 2023: $397,634Net Income 2023: $109,2032023Revenue 2024: $404,800Expenses 2024: $360,407Net Income 2024: $44,3932024

Highlighted filing

2023

Revenue$506,837
Expenses$397,634
Net Income$109,203
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 1, 2024
Return Version
2023v5.0
Gross Receipts
$506,837
Mission and Program Overview

Mission

We are a community of active adults who share a love for competition and a desire to grow as people of faith. We offer the finest recreational sports programs that are guaranteed to quench your thirst for competition and catapult you into new friendships and influential communities. And along with our sports programs we offer opportunities to serve together and bless those in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$799,461$934,659▲ $135,198
Land, Buildings, and Equipment, Net$86,504$72,576▼ $13,928
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,218,000$1,290,830▲ $72,830
Other Assets Total$332,035$283,595▼ $48,440
Liabilities
Other Liabilities$297,413$261,040▼ $36,373
Total Liabilities$297,413$261,040▼ $36,373
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$920,587$1,029,790▲ $109,203
Total Net Assets Fund Balance$920,587$1,029,790▲ $109,203
Total Liabilities and Net Assets / Fund Balance$1,218,000$1,290,830▲ $72,830

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$72,576$32,723$105,299
Other Assets Org$33,595--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Scott RussomannoPresidentFT$100,000$100,000
Briget RussomannoVice PresidentPT$19,675$19,675

Board Members and Trustees

NameTitle
Terrance DoyleDirector
Shane WolfeSecretary
Josiah TrowbridgeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$464,187
Program Service Revenue
$11,633
Investment Income
$31,017
Other Revenue
$0
All Other Contributions
$464,187
Change in Net Assets
$109,203
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$216,780
Other Expenses$180,854
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$119,675--$119,675
Other Salaries and Wages$81,700--$81,700
All Other Expenses$47,394--$47,394
Payroll Taxes$15,405--$15,405
Depreciation Depletion$13,928--$13,928
Other Expenses$11,779--$11,779
Fees for Services Other$9,783--$9,783
Insurance$6,822--$6,822
Interest$373--$373
Total Functional Expenses$397,634$0$0$397,634
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Loan$250,000
Credit Card$11,040
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Activ8 Sports Inc
EIN
47-2053205
Phone
3039092562
Address
8949 MINERS DR, HIGHLANDS RANCH, CO 80126

Signing Officer

Name
Scott Russomanno
Title
President
Signed
2024-05-01
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
0
Employees
4

Preparer

Firm
Guy Wilcox CPA
Address
2270 Castle Lake Drive, Tyrone, GA 30290
Preparer
StartChurch Tax Team
Phone
7706329933
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

ADVERTISING: Column (A) - Total = $4961; Column (B) - Program Services = $4961; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

BANK FEES: Column (A) - Total = $471; Column (B) - Program Services = $471; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

COMPUTER AND TECHNOLOGY: Column (A) - Total = $1348; Column (B) - Program Services = $1348; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

CONTRACT SERVICES: Column (A) - Total = $4689; Column (B) - Program Services = $4689; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

OFFICE EXPENSE: Column (A) - Total = $3544; Column (B) - Program Services = $3544; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

PAYROLL PROCESSING FEE: Column (A) - Total = $856; Column (B) - Program Services = $856; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

RENT: Column (A) - Total = $3825; Column (B) - Program Services = $3825; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

SPECIAL EVENTS: Column (A) - Total = $8459; Column (B) - Program Services = $8459; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

TELEPHONE AND INTERNET: Column (A) - Total = $2993; Column (B) - Program Services = $2993; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

TRAVEL: Column (A) - Total = $5901; Column (B) - Program Services = $5901; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

VEHICLE: Column (A) - Total = $4364; Column (B) - Program Services = $4364; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

VOLUNTEER APPRECIATION: Column (A) - Total = $5983; Column (B) - Program Services = $5983; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0328928
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02242802
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt031017
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt08294
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt07065
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03430
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt049806
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt011633
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt011633
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt031017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt08294
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt07065
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03430
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt049806
IRS990ScheduleA/InvestmentIncomeCYPct00.02150
IRS990ScheduleA/InvestmentIncomePYPct00.00920
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt08752
IRS990ScheduleA/OtherIncome509Grp/TotalAmt08752
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97470
IRS990ScheduleA/PublicSupportPY509Pct00.98650
IRS990ScheduleA/PublicSupportTotal509Amt02254435
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0475820
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0597201
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0321403
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0328928
IRS990ScheduleA/Total509Grp/TotalAmt02254435
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0506837
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0548129
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0604266
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0321403
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0332358
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02312993
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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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt072576
IRS990ScheduleD/EquipmentGrp/DepreciationAmt032723
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0105299
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt033595
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FIDELITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011040
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1250000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SBA LOAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt072576
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0283595
IRS990ScheduleD/TotalLiabilityAmt0261040
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ADVERTISING: Column (A) - Total = $4961; Column (B) - Program Services = $4961; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK FEES: Column (A) - Total = $471; Column (B) - Program Services = $471; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPUTER AND TECHNOLOGY: Column (A) - Total = $1348; Column (B) - Program Services = $1348; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACT SERVICES: Column (A) - Total = $4689; Column (B) - Program Services = $4689; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICE EXPENSE: Column (A) - Total = $3544; Column (B) - Program Services = $3544; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PAYROLL PROCESSING FEE: Column (A) - Total = $856; Column (B) - Program Services = $856; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8RENT: Column (A) - Total = $3825; Column (B) - Program Services = $3825; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SPECIAL EVENTS: Column (A) - Total = $8459; Column (B) - Program Services = $8459; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10TELEPHONE AND INTERNET: Column (A) - Total = $2993; Column (B) - Program Services = $2993; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11TRAVEL: Column (A) - Total = $5901; Column (B) - Program Services = $5901; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12VEHICLE: Column (A) - Total = $4364; Column (B) - Program Services = $4364; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13VOLUNTEER APPRECIATION: Column (A) - Total = $5983; Column (B) - Program Services = $5983; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01218000
IRS990/TotalAssetsEOYAmt01290830
IRS990/TotalAssetsGrp/BOYAmt01218000
IRS990/TotalAssetsGrp/EOYAmt01290830
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0464187
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0397634
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0261040
IRS990/TotalLiabilitiesGrp/BOYAmt0297413
IRS990/TotalLiabilitiesGrp/EOYAmt0261040
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01029790
IRS990/TotalProgramServiceExpensesAmt0397634
IRS990/TotalProgramServiceRevenueAmt011633
IRS990/TotalReportableCompFromOrgAmt0119675
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt042650
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0506837
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01218000
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01290830
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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08949 MINERS DR
IRS990/USAddress/CityNm0HIGHLANDS RANCH
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080126
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT RUSSOMANNO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President

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