Civic Intelligence

Pine Tree Associates Inc

990 • Fiscal year 2020 • EIN 52-6017028

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

1801 Hawkins RoadAnnapolis, MD 21401

(410) 841-6033

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.06x

Higher debt load relative to assets than 33% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

31st percentile

0.11x

Higher debt load relative to revenue than 31% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Net Margin

42nd percentile

1.7%

Higher net margin than 42% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

82nd percentile

$53,675

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Asset Growth

47th percentile

0.5%

Faster asset growth than 47% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

28th percentile

-16%

Faster revenue growth than 28% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,033,815

Up $5,618 (+0.5%) from 2019

Net Assets

Up

$971,994

Up $9,058 (+0.9%) from 2019

Liabilities

Down

$61,821

Down $3,440 (-5.3%) from 2019

Revenue

Down

$546,654

Down $104,043 (-16%) from 2019

Expenses

Down

$537,175

Down $42,294 (-7.3%) from 2019

Net Income

Down

$9,479

Down $61,749 (-87%) from 2019

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 2011: $640,890Liabilities 2011: $76,194Net Assets 2011: $564,6962011Assets 2012: $893,856Liabilities 2012: $312,605Net Assets 2012: $581,2512012Assets 2013: $849,545Liabilities 2013: $301,039Net Assets 2013: $548,5062013Assets 2014: $886,723Liabilities 2014: $291,028Net Assets 2014: $595,6952014Assets 2015: $935,164Liabilities 2015: $277,373Net Assets 2015: $657,7912015Assets 2016: $1,004,597Liabilities 2016: $261,569Net Assets 2016: $743,0282016Assets 2017: $1,010,486Liabilities 2017: $246,740Net Assets 2017: $763,7462017Assets 2018: $1,123,663Liabilities 2018: $231,955Net Assets 2018: $891,7082018Assets 2019: $1,028,197Liabilities 2019: $65,261Net Assets 2019: $962,9362019Assets 2020: $1,033,815Liabilities 2020: $61,821Net Assets 2020: $971,9942020Assets 2021: $1,071,938Liabilities 2021: $65,580Net Assets 2021: $1,006,3582021Assets 2022: $1,011,899Liabilities 2022: $65,774Net Assets 2022: $946,1252022Assets 2023: $1,253,662Liabilities 2023: $362,123Net Assets 2023: $891,5392023Assets 2024: $1,165,248Liabilities 2024: $354,459Net Assets 2024: $810,7892024

Highlighted filing

2020

Assets$1,033,815
Liabilities$61,821
Net Assets$971,994

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $541,308Expenses 2011: $517,846Net Income 2011: $23,4622011Expenses 2012: $539,9092012Revenue 2013: $560,476Expenses 2013: $593,221Net Income 2013: -$32,7452013Revenue 2014: $592,132Expenses 2014: $544,943Net Income 2014: $47,1892014Revenue 2015: $586,051Expenses 2015: $523,955Net Income 2015: $62,0962015Revenue 2016: $616,201Expenses 2016: $531,221Net Income 2016: $84,9802016Revenue 2017: $631,537Expenses 2017: $610,819Net Income 2017: $20,7182017Revenue 2018: $755,456Expenses 2018: $592,935Net Income 2018: $162,5212018Revenue 2019: $650,697Expenses 2019: $579,469Net Income 2019: $71,2282019Revenue 2020: $546,654Expenses 2020: $537,175Net Income 2020: $9,4792020Revenue 2021: $646,807Expenses 2021: $612,443Net Income 2021: $34,3642021Revenue 2022: $692,476Expenses 2022: $752,709Net Income 2022: -$60,2332022Revenue 2023: $766,603Expenses 2023: $821,190Net Income 2023: -$54,5872023Revenue 2024: $869,917Expenses 2024: $950,667Net Income 2024: -$80,7502024

Highlighted filing

2020

Revenue$546,654
Expenses$537,175
Net Income$9,479
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.1
Gross Receipts
$553,159
Mission and Program Overview

Mission

Social Club

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$678,463$654,143▼ $24,320
Savings and Temporary Cash Investments$272,317$315,477▲ $43,160
Cash and Non-Interest-Bearing Accounts$77,417$64,195▼ $13,222
Total Assets$1,028,197$1,033,815▲ $5,618
Liabilities
Other Liabilities$61,000$58,300▼ $2,700
Accounts Payable and Accrued Expenses$4,261$3,521▼ $740
Total Liabilities$65,261$61,821▼ $3,440
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$958,755$967,572▲ $8,817
Net Assets With Donor Restrictions$4,181$4,422▲ $241
Total Net Assets Fund Balance$962,936$971,994▲ $9,058
Total Liabilities and Net Assets / Fund Balance$1,028,197$1,033,815▲ $5,618

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$261,509$296,112$557,621
Buildings$200,803$279,299$480,102
Leasehold Improvements$176,261$151,120$327,381
Land$15,570-$15,570
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Patsi ArrowsmithPark ManagerFT$53,675$53,675

Board Members and Trustees

NameTitle
Robert WilsonPresident
Angela HarrisBoard Member
David HammelBoard Member
Melinda RichardsonBoard Member
Robert PotterBoard Member
Dennis CoyleFirst VP
Charles MarvelSecond VP
Patricia HumphreySecretary
John HoltTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,741
Program Service Revenue
$534,701
Investment Income
$-2,649
Other Revenue
$12,861
All Other Contributions
$1,741
Change in Net Assets
$9,479

Audited Revenue Reconciliation

Revenue per Audited Statements
$546,654
Revenue Not Reported on Form 990
$6,505
Total Revenue per Audited Statements
$553,159
Total Revenue per Form 990
$546,654
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$334,961
Salaries, Compensation, and Employee Benefits$202,214
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$0$0$0$206,882
Other Salaries and Wages$0$0$0$181,380
Depreciation Depletion$0$0$0$50,056
Office Expenses$0$0$0$38,556
Insurance$0$0$0$22,346
Payroll Taxes$0$0$0$18,796
Fees for Services Accounting$0$0$0$10,635
Other Expenses$0$0$0$3,593
Fees for Services Legal$0$0$0$2,500
Other Employee Benefits$0$0$0$2,038
Travel$0$0$0$293
Advertising$0$0$0$100
Total Functional Expenses$0$0$0$537,175

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$543,680
Expenses per Audited Statements$537,175
Total Expenses per Form 990$537,175
Expenses Not Reported on Form 990$6,505
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
Capital bonds$58,300
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Filing and Contact Details

Filer

Filer Name
Pine Tree Associates Inc
EIN
52-6017028
Phone
4108416033
Address
1801 Hawkins Road, Annapolis, MD 21401

Signing Officer

Name
John Holt
Title
President
Phone
4108416033
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Holt
Formed
1958
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
9
Employees
14
Volunteers
50

Preparer

Firm
Clark & Anderson PA
Address
7678 Quarterfield Road Suite 101, Glen Burnie, MD 21061
Preparer
Roxanne E Fiege CPA
Phone
4107665400
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Form 990 is reviewed by at least two members of the Board prior to filing.

Pt VI, Line 18

The association's Form 990 is available upon request.

Pt VI, Line 19

The association will provide governing documents and financial statements to the public upon written request.

Pt VI, Line 6

Members elect the governing body and approve significant decisions of the governing body. Members do not receive any share of the association's profits or excess dues.

Pt VI, Line 7A

Club members have the option of purchasing Club bonds; members with bonds elect 3 board members every year.

Pt VI, Line 7B

At the Club's annual Bondholders' meeting, Members with bonds vote on certain resolutions and by-laws changes.

Financial Statement Notes

Other

The Association may recognize the tax benefit from a tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Association and various positions related to the potential sources of unrelated business taxable income (UBIT). The Association has analyzed its tax positions taken for filings with the Internal Revenue Service and the state of Maryland. The Association believes that its income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Association's financial condition, results of operations, or cash flows. The Association's returns remain open for three (3) years for federal and state examination from date of filing.

Pt XI, Line 2D

Cost of Goods Sold and Loss on Disposal of equipment

Pt XII, Line 2D

Cost of Goods Sold and Loss on Disposal of equipment

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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt018796
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0John Holt
IRS990/PriorPeriodAdjustmentsAmt0-421
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0721210
IRS990/ProgramServiceRevenueGrp/BusinessCd1721210
IRS990/ProgramServiceRevenueGrp/BusinessCd2721210
IRS990/ProgramServiceRevenueGrp/BusinessCd3721210
IRS990/ProgramServiceRevenueGrp/BusinessCd4721210
IRS990/ProgramServiceRevenueGrp/Desc0Dues & assessments
IRS990/ProgramServiceRevenueGrp/Desc1Ground fees
IRS990/ProgramServiceRevenueGrp/Desc2Activities
IRS990/ProgramServiceRevenueGrp/Desc3Rental unit fees
IRS990/ProgramServiceRevenueGrp/Desc4Camping fees
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0525599
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12353
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21866
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34730
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4153
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt1993
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt3683
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt445
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt016398
IRS990/PYInvestmentIncomeAmt0-4185
IRS990/PYOtherExpensesAmt0374953
IRS990/PYOtherRevenueAmt017374
IRS990/PYProgramServiceRevenueAmt0621110
IRS990/PYRevenuesLessExpensesAmt071228
IRS990/PYSalariesCompEmpBnftPaidAmt0204516
IRS990/PYTotalExpensesAmt0579469
IRS990/PYTotalRevenueAmt0650697
IRS990/ReconcilationRevenueExpnssAmt09479
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0272317
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0315477
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0200803
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0279299
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0480102
IRS990ScheduleD/EquipmentGrp/BookValueAmt0261509
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0296112
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0557621
IRS990ScheduleD/ExpensesNotReportedAmt06505
IRS990ScheduleD/ExpensesSubtotalAmt0537175
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt015570
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt015570
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0176261
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0151120
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0327381
IRS990ScheduleD/OtherExpensesIncludedAmt06505
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt058300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Capital bonds
IRS990ScheduleD/OtherRevenueAmt06505
IRS990ScheduleD/RevenueNotReportedAmt06505
IRS990ScheduleD/RevenueSubtotalAmt0546654
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Association may recognize the tax benefit from a tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Association and various positions related to the potential sources of unrelated business taxable income (UBIT). The Association has analyzed its tax positions taken for filings with the Internal Revenue Service and the state of Maryland. The Association believes that its income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Association's financial condition, results of operations, or cash flows. The Association's returns remain open for three (3) years for federal and state examination from date of filing.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Cost of Goods Sold and Loss on Disposal of equipment
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Cost of Goods Sold and Loss on Disposal of equipment
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0654143
IRS990ScheduleD/TotalExpensesPerForm990Amt0537175
IRS990ScheduleD/TotalLiabilityAmt058300
IRS990ScheduleD/TotalRevenuePerForm990Amt0546654
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0553159
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0543680
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is reviewed by at least two members of the Board prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The association's Form 990 is available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The association will provide governing documents and financial statements to the public upon written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Members elect the governing body and approve significant decisions of the governing body. Members do not receive any share of the association's profits or excess dues.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Club members have the option of purchasing Club bonds; members with bonds elect 3 board members every year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5At the Club's annual Bondholders' meeting, Members with bonds vote on certain resolutions and by-laws changes.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 7b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01028197
IRS990/TotalAssetsEOYAmt01033815
IRS990/TotalAssetsGrp/BOYAmt01028197
IRS990/TotalAssetsGrp/EOYAmt01033815
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01741
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0537175
IRS990/TotalGrossUBIAmt03665
IRS990/TotalLiabilitiesBOYAmt065261
IRS990/TotalLiabilitiesEOYAmt061821
IRS990/TotalLiabilitiesGrp/BOYAmt065261
IRS990/TotalLiabilitiesGrp/EOYAmt061821
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0962936
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0971994
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0534701
IRS990/TotalReportableCompFromOrgAmt053675
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0541248
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0546654
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt03665
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01028197
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01033815
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt0293
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01801 Hawkins Rd

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.35$0.81$0.87$0.95$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.36$0.89$0.77$0.82$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.01$0.07$0.95$0.69$0.75$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.07$0.07$1.01$0.65$0.61$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.03$0.06$0.97$0.55$0.54$0.01
2019Summary only. Only limited summary data is available for this year.$1.03$0.07$0.96$0.65$0.58$0.07
2018Summary only. Only limited summary data is available for this year.$1.12$0.23$0.89$0.76$0.59$0.16
2017Summary only. Only limited summary data is available for this year.$1.01$0.25$0.76$0.63$0.61$0.02
2016Summary only. Only limited summary data is available for this year.$1.00$0.26$0.74$0.62$0.53$0.08
2015Summary only. Only limited summary data is available for this year.$0.94$0.28$0.66$0.59$0.52$0.06
2014Summary only. Only limited summary data is available for this year.$0.89$0.29$0.60$0.59$0.54$0.05
2013Summary only. Only limited summary data is available for this year.$0.85$0.30$0.55$0.56$0.59$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.31$0.58$0.54
2011Summary only. Only limited summary data is available for this year.$0.64$0.08$0.56$0.54$0.52$0.02
Peer Organizations

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