Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Association for Educational Communications and Technology
990 • Fiscal year 2019 • EIN 52-0885990
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.77x
Liabilities / Revenue
57th percentile
Higher debt load relative to revenue than 57% of similar nonprofits.
Net Margin
15th percentile
Higher net margin than 15% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 16.5% of source-year revenue.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
84th percentile
Faster revenue growth than 84% of similar nonprofits.
Balance Sheet
Assets
Down$91,065
Down $90,690 (-50%) from 2018
Net Assets
Down$20,624
Down $71,563 (-78%) from 2018
Liabilities
Down$70,441
Down $19,127 (-21%) from 2018
Revenue And Expenses
Revenue
Up$829,633
Up $155,288 (+23%) from 2018
Expenses
Up$901,196
Up $20,619 (+2.3%) from 2018
Net Income
Up-$71,563
Up $134,669 (+65%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Nov 15, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $830,241
Mission and Program Overview
Mission
To bring together people in the field of educational communications and technology.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $140,991 | $51,072 | ▼ $89,919 |
| Cash and Non-Interest-Bearing Accounts | $24,394 | $29,527 | ▲ $5,133 |
| Land, Buildings, and Equipment, Net | $13,955 | $7,773 | ▼ $6,182 |
| Prepaid Expenses and Deferred Charges | $926 | $916 | ▼ $10 |
| Accounts Receivable | $-15 | $273 | ▲ $288 |
| Total Assets | $181,755 | $91,065 | ▼ $90,690 |
| Other Assets Total | $1,504 | $1,504 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $49,016 | $28,651 | ▼ $20,365 |
| Deferred Revenue | $21,658 | $22,690 | ▲ $1,032 |
| Other Liabilities | $18,894 | $19,100 | ▲ $206 |
| Total Liabilities | $89,568 | $70,441 | ▼ $19,127 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $92,187 | $20,624 | ▼ $71,563 |
| Total Net Assets Fund Balance | $92,187 | $20,624 | ▼ $71,563 |
| Total Liabilities and Net Assets / Fund Balance | $181,755 | $91,065 | ▼ $90,690 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $7,773 | $48,171 | $55,944 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Phil Harris | Exec Directo | FT | $137,010 | $137,010 |
Board Members and Trustees
| Name | Title |
|---|---|
| Michael Grant | President |
| Trey Martindale | President |
| Xun Ge | President El |
| Abbas Johari | Board Member |
| Angelica Pazurek | Board Member |
| Camille Dickson-deane | Board Member |
| Chris Miller | Board Member |
| Christine Sorensen Irvine | Board Member |
| E-ling Hsiao | Board Member |
| John Curry | Board Member |
| Leslie Blatt | Board Member |
| Linda Campion | Board Member |
| Nancy Hastings | Board Member |
| Robert Doyle | Board Member |
| Samantha Blevins | Board Member |
| Sonia Tiwari | Board Member |
| Stephanie Moore | Board Member |
| Tonya Amankwatia | Board Member |
| Tugce Aldemir | Board Member |
| Xiaoxue Charles Wang | Board Member |
| Danilo Baylen | Executive Se |
| Joi Moore | Executive Se |
| Eugene Kowch | Past Preside |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $12,185
- Program Service Revenue
- $810,317
- Investment Income
- $81
- Other Revenue
- $7,050
- All Other Contributions
- $500
- Change in Net Assets
- $-71,563
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $603,806 |
| Salaries, Compensation, and Employee Benefits | $297,390 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Conferences and Meetings | - | - | - | $306,584 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $137,010 |
| Other Salaries and Wages | - | - | - | $129,997 |
| Office Expenses | - | - | - | $93,730 |
| Information Technology | - | - | - | $63,259 |
| Fees for Services Other | - | - | - | $35,333 |
| Occupancy | - | - | - | $35,269 |
| Payroll Taxes | - | - | - | $20,527 |
| Fees for Services Legal | - | - | - | $16,738 |
| Travel | - | - | - | $14,624 |
| Advertising | - | - | - | $13,223 |
| Other Employee Benefits | - | - | - | $9,856 |
| Insurance | - | - | - | $7,937 |
| Depreciation Depletion | - | - | - | $7,307 |
| Fees for Services Accounting | - | - | - | $5,165 |
| Other Expenses | - | - | - | $4,637 |
| Total Functional Expenses | $0 | $0 | $0 | $901,196 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- In-house lobbying only
- Yes
- Subject to proxy tax
- Yes
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Accrued Salaries & Wages | $11,280 |
| Fit & Fica Withheld & Accrued | $6,595 |
| State and County Tax Withheld | $1,101 |
| Federal Unemployment Accrued | $68 |
| State Unemployment Tax Accrued | $56 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- 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
- Yes
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 6
“General membership open to individuals, schools and other entities interested in the purpose of the association.”
Form 990, Page 6, Part VI, Line 7A
“General membership elects 15 of 20 board members and officers. Board members elect 1 representative to the executive committee. The elected president has the authority to appoint 2 board members at-large.”
Form 990, Page 6, Part VI, Line 7B
“Board recommended changes in the constitution require approval by the full membership.”
Form 990, Page 6, Part VI, Line 9
“Trey martindale 1056 blackjack road starkville, ms 39759 robert doyle 26 church street cambridge, ma 02138 leslie blatt 35 astor place springfield, nj 07081 michael grant wardlaw college 145 columbia, sc 29208 john curry 408 ginger hall morehead, ky 40351 joi moore 303 townsend hall columbia, mo 65211 camille dickson-deane the university of melbourne victoria 3053, as eugene kowch 500 university dr nw alberta, ca xiaoxue charles wang 10501 fgcu blvd south ft myers, fl 33965 abbas johari 2800 w gore blvd lawton, ok 73505 tonya amankwatia regent university virginia beach, va 23464 linda campion east carolina university greenville, nc 27858 e-ling hsiao 422 connell rd, apt l7 valdosta, ga 31602 nancy hastings 11000 university parkway pensacola, fl 32514 tugce aldemir 1210 n atherton apt 203 state college, pa 16803 christine sorensen irvine college of education 226 wist hall honolulu, hi 96822 samantha blevins po box 6955 radford, va 24142 stephanie moore curry school of ed, univ of va charlottesville, va 22904 xun ge 820 van vleet oval norman, ok 73019-2041 danilo baylen 1112 kyle way carrollton, ga 30117 chris miller 735 brentwood drive mt sterling, ky 40353 sonia tiwari 300 w college ave apt 51 state college, pa 16891 angelica pazurek 4710 falcon court wisconsin rapids, wi 54494”
Form 990, Page 6, Part VI, Line 11B
“No review was or will be conducted.”
Form 990, Page 6, Part VI, Line 12C
“The organization uses a self-reporting process. Board members are expected to report potential conflicts of interest to the executive committee. If the committee determines a conflict does exist, recommendations for resolution are issued.”
Form 990, Page 6, Part VI, Line 15A
“A subcommittee of the board of directors annually reviews the performance of the executive director resulting in a recommendation for compensation and reappointment to the full board.”
Form 990, Page 6, Part VI, Line 19
“AVAILABLE UPON REQUEST.”
Filing and Contact Details
Filer
- Filer Name
- Association for Educational
- EIN
- 52-0885990
- Phone
- 8123357675
- Address
- 320 W EIGHTH ST SUITE 101, BLOOMINGTON, IN 47404-3745
- Doing Business As
- Aect
Signing Officer
- Name
- Phil Harris
- Title
- Exec Director
- Phone
- 8123357675
- Signed
- 2020-11-15
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Phil Harris
- Formed
- 1969
- Legal Domicile
- In
- Voting Board Members
- 19
- Independent Board Members
- 19
- Employees
- 4
- Volunteers
- 70
Preparer
- Firm
- OLSON & CO PC CPA'S
- Address
- PO BOX 488, BLOOMINGTON, IN 47402-0488
- Preparer
- Stephanie Cobb CPA
- Phone
- 8123367867
Supplemental Narrative
Additional Explanations
Form 990, Page 1, Item C
“AECT”
Raw XML AppendixShowing 400 of 493 raw XML fields
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/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | PRESIDENT EL |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | EXECUTIVE SE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | BOARD MEMBER |
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| IRS990/GrossSalesOfInventoryAmt | 0 | 4885 |
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| IRS990/IncludeFIN48FootnoteInd | 0 | false |
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| IRS990/IndoorTanningServicesInd | 0 | false |
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| IRS990/InsuranceGrp/TotalAmt | 0 | 7937 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 81 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 81 |
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| IRS990/LocalChaptersInd | 0 | true |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
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| IRS990/MissionDesc | 0 | TO BRING TOGETHER PEOPLE IN THE FIELD OF EDUCATIONAL COMMUNICATIONS AND TECHNOLOGY. |
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| IRS990/OtherExpensesGrp/Desc | 0 | MISCELLANEOUS |
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| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 19100 |
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| IRS990/OtherRevenueMiscGrp/Desc | 0 | WEB PAGE/NEWSLETTER ADV |
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| IRS990/PoliciesReferenceChaptersInd | 0 | true |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | JOURNALS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | CONVENTIONS & CONFERENCES |
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| IRS990/ProgramServiceRevenueGrp/Desc | 3 | CERTIFICATE ENDORSEMENT |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 2500 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | PUBLICATIONS - THE ASSOCIATION PUBLISHES TECH TRENDS FOR LEADERS IN EDUCATION AND TRAINING, AND EDUCATIONAL TECHNOLOGY RESEARCH AND DEVELOPMENT FOR MEMBERS AND NON-MEMBERS. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | CONSULTING AND RESEARCH - DEVELOP THE USE OF EDUCATIONAL MEDIA IN EDUCATION AS A SCIENCE AND AS AN ART. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
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| IRS990/PYOtherExpensesAmt | 0 | 586257 |
| IRS990/PYOtherRevenueAmt | 0 | 10175 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 663984 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -206232 |
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| IRS990/PYTotalExpensesAmt | 0 | 880577 |
| IRS990/PYTotalRevenueAmt | 0 | 674345 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -71563 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RelatedOrganizationsAmt | 0 | 11685 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
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| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 51072 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | false |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | true |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 7773 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 48171 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 55944 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 11280 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 6595 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 1101 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 68 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 4 | 56 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ACCRUED SALARIES & WAGES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | FIT & FICA WITHHELD & ACCRUED |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | STATE AND COUNTY TAX WITHHELD |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | FEDERAL UNEMPLOYMENT ACCRUED |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | STATE UNEMPLOYMENT TAX ACCRUED |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 7773 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 19100 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | AECT |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | GENERAL MEMBERSHIP OPEN TO INDIVIDUALS, SCHOOLS AND OTHER ENTITIES INTERESTED IN THE PURPOSE OF THE ASSOCIATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | GENERAL MEMBERSHIP ELECTS 15 OF 20 BOARD MEMBERS AND OFFICERS. BOARD MEMBERS ELECT 1 REPRESENTATIVE TO THE EXECUTIVE COMMITTEE. THE ELECTED PRESIDENT HAS THE AUTHORITY TO APPOINT 2 BOARD MEMBERS AT-LARGE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | BOARD RECOMMENDED CHANGES IN THE CONSTITUTION REQUIRE APPROVAL BY THE FULL MEMBERSHIP. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TREY MARTINDALE 1056 BLACKJACK ROAD STARKVILLE, MS 39759 ROBERT DOYLE 26 CHURCH STREET CAMBRIDGE, MA 02138 LESLIE BLATT 35 ASTOR PLACE SPRINGFIELD, NJ 07081 MICHAEL GRANT WARDLAW COLLEGE 145 COLUMBIA, SC 29208 JOHN CURRY 408 GINGER HALL MOREHEAD, KY 40351 JOI MOORE 303 TOWNSEND HALL COLUMBIA, MO 65211 CAMILLE DICKSON-DEANE THE UNIVERSITY OF MELBOURNE VICTORIA 3053, AS EUGENE KOWCH 500 UNIVERSITY DR NW ALBERTA, CA XIAOXUE CHARLES WANG 10501 FGCU BLVD SOUTH FT MYERS, FL 33965 ABBAS JOHARI 2800 W GORE BLVD LAWTON, OK 73505 TONYA AMANKWATIA REGENT UNIVERSITY VIRGINIA BEACH, VA 23464 LINDA CAMPION EAST CAROLINA UNIVERSITY GREENVILLE, NC 27858 E-LING HSIAO 422 CONNELL RD, APT L7 VALDOSTA, GA 31602 NANCY HASTINGS 11000 UNIVERSITY PARKWAY PENSACOLA, FL 32514 TUGCE ALDEMIR 1210 N ATHERTON APT 203 STATE COLLEGE, PA 16803 CHRISTINE SORENSEN IRVINE COLLEGE OF EDUCATION 226 WIST HALL HONOLULU, HI 96822 SAMANTHA BLEVINS PO BOX 6955 RADFORD, VA 24142 STEPHANIE MOORE CURRY SCHOOL OF ED, UNIV OF VA CHARLOTTESVILLE, VA 22904 XUN GE 820 VAN VLEET OVAL NORMAN, OK 73019-2041 DANILO BAYLEN 1112 KYLE WAY CARROLLTON, GA 30117 CHRIS MILLER 735 BRENTWOOD DRIVE MT STERLING, KY 40353 SONIA TIWARI 300 W COLLEGE AVE APT 51 STATE COLLEGE, PA 16891 ANGELICA PAZUREK 4710 FALCON COURT WISCONSIN RAPIDS, WI 54494 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE ORGANIZATION USES A SELF-REPORTING PROCESS. BOARD MEMBERS ARE EXPECTED TO REPORT POTENTIAL CONFLICTS OF INTEREST TO THE EXECUTIVE COMMITTEE. IF THE COMMITTEE DETERMINES A CONFLICT DOES EXIST, RECOMMENDATIONS FOR RESOLUTION ARE ISSUED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | A SUBCOMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR RESULTING IN A RECOMMENDATION FOR COMPENSATION AND REAPPOINTMENT TO THE FULL BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 1, ITEM C |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $91,065
- Liabilities
- $70,441
- Net assets
- $20,624
- Revenue
- $829,633
- Expenses
- $901,196
- Net income
- -$71,563