Civic Intelligence

Phcs Inc D/B/A Perry Hall Christian School Inc

990 • Fiscal year 2022 • EIN 52-0941934

Sep 01, 2021 to Aug 31, 2022 • Filed on Jul 13, 2023

3919 Schroeder AvenuePerry Hall, MD 21128

(410) 256-4886

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.47x

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

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

Liabilities / Revenue

73rd percentile

0.31x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

41st percentile

2.5%

Higher net margin than 41% of similar nonprofits.

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

Top Officer Pay

63rd percentile

$88,420

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

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

Asset Growth

49th percentile

0.9%

Faster asset growth than 49% of similar nonprofits.

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

Revenue Growth

56th percentile

9.9%

Faster revenue growth than 56% of similar nonprofits.

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

Assets

Up

$2,789,101

Up $24,326 (+0.9%) from 2021

Net Assets

Up

$1,484,165

Up $105,832 (+7.7%) from 2021

Liabilities

Down

$1,304,936

Down $81,506 (-5.9%) from 2021

Revenue

Up

$4,161,488

Up $374,022 (+9.9%) from 2021

Expenses

Up

$4,055,656

Up $899,359 (+28%) from 2021

Net Income

Down

$105,832

Down $525,337 (-83%) from 2021

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $344,355Liabilities 2013: $339,902Net Assets 2013: $4,4532013Assets 2014: $398,314Liabilities 2014: $313,643Net Assets 2014: $84,6712014Assets 2015: $590,653Liabilities 2015: $448,904Net Assets 2015: $141,7492015Assets 2016: $839,683Liabilities 2016: $522,408Net Assets 2016: $317,2752016Assets 2017: $952,438Liabilities 2017: $608,898Net Assets 2017: $343,5402017Assets 2018: $1,039,235Liabilities 2018: $637,314Net Assets 2018: $401,9212018Assets 2019: $1,191,066Liabilities 2019: $715,980Net Assets 2019: $475,0862019Assets 2020: $1,085,176Liabilities 2020: $472,466Net Assets 2020: $612,7102020Assets 2021: $2,764,775Liabilities 2021: $1,386,442Net Assets 2021: $1,378,3332021Assets 2022: $2,789,101Liabilities 2022: $1,304,936Net Assets 2022: $1,484,1652022Assets 2023: $3,404,154Liabilities 2023: $1,499,470Net Assets 2023: $1,904,6842023Assets 2024: $3,694,143Liabilities 2024: $1,748,993Net Assets 2024: $1,945,1502024

Highlighted filing

2022

Assets$2,789,101
Liabilities$1,304,936
Net Assets$1,484,165

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2013: $1,962,049Expenses 2013: $1,874,911Net Income 2013: $87,1382013Revenue 2014: $2,061,861Expenses 2014: $1,981,055Net Income 2014: $80,8062014Revenue 2015: $1,772,950Expenses 2015: $1,715,872Net Income 2015: $57,0782015Revenue 2016: $2,272,864Expenses 2016: $2,097,338Net Income 2016: $175,5262016Revenue 2017: $2,354,583Expenses 2017: $2,328,318Net Income 2017: $26,2652017Revenue 2018: $2,655,553Expenses 2018: $2,597,172Net Income 2018: $58,3812018Revenue 2019: $2,836,021Expenses 2019: $2,762,856Net Income 2019: $73,1652019Revenue 2020: $3,093,989Expenses 2020: $3,086,831Net Income 2020: $7,1582020Revenue 2021: $3,787,466Expenses 2021: $3,156,297Net Income 2021: $631,1692021Revenue 2022: $4,161,488Expenses 2022: $4,055,656Net Income 2022: $105,8322022Revenue 2023: $4,702,921Expenses 2023: $4,436,339Net Income 2023: $266,5822023Revenue 2024: $4,798,304Expenses 2024: $4,763,929Net Income 2024: $34,3752024

Highlighted filing

2022

Revenue$4,161,488
Expenses$4,055,656
Net Income$105,832
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jul 13, 2023
Return Version
2021v4.0
Gross Receipts
$4,161,488
Mission and Program Overview

Mission

The mission of perry hall christian school is to provide a faith based college preparatory education for preschool the 12th grade students with a focus on training students to see all of life and learning throught the lens of a biblical window.

Perry hall christian school exists to partner with parents to inspire each student to achieveacademic excellence, to model a christ-centered life, and to become a servant leader with a biblical worldview.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$829,278$1,758,484▲ $929,206
Cash and Non-Interest-Bearing Accounts$1,655,181$533,823▼ $1,121,358
Land, Buildings, and Equipment, Net$142,953$426,717▲ $283,764
Prepaid Expenses and Deferred Charges$49,629$50,495▲ $866
Total Assets$2,696,623$2,789,101▲ $92,478
Other Assets Total$19,582$19,582→ $0
Liabilities
Deferred Revenue$1,304,278$1,204,870▼ $99,408
Accounts Payable and Accrued Expenses$14,012$100,066▲ $86,054
Total Liabilities$1,318,290$1,304,936▼ $13,354
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,303,004$1,336,234▲ $33,230
Net Assets With Donor Restrictions$75,329$147,931▲ $72,602
Total Net Assets Fund Balance$1,378,333$1,484,165▲ $105,832
Total Liabilities and Net Assets / Fund Balance$2,696,623$2,789,101▲ $92,478

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$301,925$33,627$335,552
Leasehold Improvements$95,228$57,930$153,158
Equipment$29,564$45,982$75,546
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Deena RuffHead of SchoFT$88,420$88,420
Larissa MccauleyUpper SchoolFT$38,515$38,515
Spring LeeLower SchoolFT$14,701$14,701

Board Members and Trustees

NameTitle
Joy KrackPresident
Dominic MarkwordtBoard Member
Matt RyanBoard Member
Yvonne HneBoard Memebe
Caitlin FisherLower School
Jenn DennySecretary
Doug HonbarrierTreasurer
Amy FinneranVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$139,354
Program Service Revenue
$4,021,612
Investment Income
$522
Other Revenue
$0
All Other Contributions
$78,216
Change in Net Assets
$105,832
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,011,155
Other Expenses$1,044,501
Total Fundraising Expense$313,139
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$1,671,067$370,007-$2,041,074
Other Employee Benefits$710,350$78,928-$789,278
All Other Expenses$171,619$40,076-$211,695
Current Officers, Directors, Trustees, and Key Employees$148,027$32,776-$180,803
Occupancy$148,033--$148,033
Other Expenses$114,205$94,098$313,139$94,098
Advertising$25,273--$25,273
Depreciation Depletion$9,081--$9,081
Insurance-$8,045-$8,045
Office Expenses-$1,319-$1,319
Total Functional Expenses$2,997,655$744,862$313,139$4,055,656
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The treasurer and board reviews the form 990 before it is filed.

Form 990, Page 6, Part VI, Line 12C

The organization sends out their conflict of interest policy annually and asks every board member to fill in the disclosure form. These forms are reviewed by the chairman of the board. The conflict of interest policy is also reviewed with the employees of the school.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Phcs Inc
EIN
52-0941934
Phone
4102564886
Address
3919 SCHROEDER AVENUE, PERRY HALL, MD 21128
Doing Business As
Perry Hall Christian School Inc

Signing Officer

Name
Joy Krack
Title
President
Phone
4102564884
Signed
2023-07-13

Organization Details

Principal Officer
Joy Krack
Formed
2012
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
67
Volunteers
40

Preparer

Firm
Mattingly & Associates LLC
Address
2219 YORK RD STE 302, TIMONIUM, MD 21093-3101
Preparer
Scott T Mattingly CPA
Phone
4102526800
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of perry hall christian school is to provide a faith based college preparatory education for preschool though 12th grade students with a focus on training students to see all of life and learning through the lens of a biblical window.

Form 990, Page 12, Part XII, Line 2C

The school has not changed its process of review.

Financial Statement Notes

Schedule D, Page 3, Part X

Management has determined that phcs has no material uncertain tax positions that would require recognition under asc 740-10. The federal and state income tax returns of phcs for 2019, 2020 and 2021 are subject to examination by the irs and state taxing authorities, generally for three years after they are filed.

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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt049629
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt050495
IRS990/PrincipalOfficerNm0JOY KRACK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION INCOME
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03965844
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt155768
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03965844
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt155768
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0577953
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0276
IRS990/PYOtherExpensesAmt0734808
IRS990/PYProgramServiceRevenueAmt03209237
IRS990/PYRevenuesLessExpensesAmt0631169
IRS990/PYSalariesCompEmpBnftPaidAmt02421489
IRS990/PYTotalExpensesAmt03156297
IRS990/PYTotalRevenueAmt03787466
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0105832
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04021612
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0829278
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01758484
IRS990ScheduleA/SchoolInd0X
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
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IRS990ScheduleD/EquipmentGrp/BookValueAmt029564
IRS990ScheduleD/EquipmentGrp/DepreciationAmt045982
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt075546
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt095228
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt057930
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0153158
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0301925
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt033627
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0335552
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS DETERMINED THAT PHCS HAS NO MATERIAL UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION UNDER ASC 740-10. THE FEDERAL AND STATE INCOME TAX RETURNS OF PHCS FOR 2019, 2020 AND 2021 ARE SUBJECT TO EXAMINATION BY THE IRS AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0426717
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF PERRY HALL CHRISTIAN SCHOOL IS TO PROVIDE A FAITH BASED COLLEGE PREPARATORY EDUCATION FOR PRESCHOOL THOUGH 12TH GRADE STUDENTS WITH A FOCUS ON TRAINING STUDENTS TO SEE ALL OF LIFE AND LEARNING THROUGH THE LENS OF A BIBLICAL WINDOW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER AND BOARD REVIEWS THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION SENDS OUT THEIR CONFLICT OF INTEREST POLICY ANNUALLY AND ASKS EVERY BOARD MEMBER TO FILL IN THE DISCLOSURE FORM. THESE FORMS ARE REVIEWED BY THE CHAIRMAN OF THE BOARD. THE CONFLICT OF INTEREST POLICY IS ALSO REVIEWED WITH THE EMPLOYEES OF THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SCHOOL HAS NOT CHANGED ITS PROCESS OF REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 12, PART XII, LINE 2C
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IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHURCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03919 SCHROEDER AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PERRY HALL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd021128
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
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IRS990ScheduleR/SharingOfFacilitiesInd0true
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IRS990/SchoolOperatingInd0true
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt02696623
IRS990/TotalAssetsGrp/EOYAmt02789101
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0139354
IRS990/TotalEmployeeCnt067
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0313139
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0744862
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02997655
IRS990/TotalFunctionalExpensesGrp/TotalAmt04055656
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01318290
IRS990/TotalLiabilitiesEOYAmt01304936
IRS990/TotalLiabilitiesGrp/BOYAmt01318290
IRS990/TotalLiabilitiesGrp/EOYAmt01304936
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01484165
IRS990/TotalProgramServiceExpensesAmt02997655
IRS990/TotalProgramServiceRevenueAmt04021612
IRS990/TotalReportableCompFromOrgAmt0141636
IRS990/TotalRevenueGrp/ExclusionAmt0522
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04161488
IRS990/TotalVolunteersCnt040
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X

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