Civic Intelligence

Loudoun Education Association Inc

EIN 54-0948867 • 501(c)5 • Leesburg, VA

Profile

Advocate for quality public school and public school employees where members work collaboratively and organize for action to reach the common goals of the association.

19465 Deerfield AvenueLeesburg, VA 20176

www.loudounea.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

84th percentile

0.15x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

0.54x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Net Margin

63rd percentile

13%

Higher net margin than 63% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

56th percentile

$114,261

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 19.1% of source-year revenue.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Asset Growth

38th percentile

2.5%

Faster asset growth than 38% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

31st percentile

1.1%

Faster revenue growth than 31% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,115,612

Up $50,999 (+2.5%) from 2023

Liabilities

Down

$325,092

Down $61,681 (-16%) from 2023

Net Assets

Up

$1,790,520

Up $112,680 (+6.7%) from 2023

Revenue

Up

$599,155

Up $6,499 (+1.1%) from 2023

Expenses

Up

$520,480

Up $137,233 (+36%) from 2023

Net Income

Down

$78,675

Down $130,734 (-62%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $1,621,469Liabilities 2010: $1,005,267Net Assets 2010: $616,2022010Assets 2011: $1,634,045Liabilities 2011: $982,893Net Assets 2011: $651,1522011Assets 2012: $1,659,672Liabilities 2012: $955,510Net Assets 2012: $704,1622012Assets 2013: $1,517,230Liabilities 2013: $792,336Net Assets 2013: $724,8942013Assets 2014: $1,497,746Liabilities 2014: $767,767Net Assets 2014: $729,9792014Assets 2015: $1,487,435Liabilities 2015: $717,722Net Assets 2015: $769,7132015Assets 2016: $1,520,957Liabilities 2016: $678,403Net Assets 2016: $842,5542016Assets 2017: $1,605,230Liabilities 2017: $676,525Net Assets 2017: $928,7052017Assets 2018: $1,648,206Liabilities 2018: $627,438Net Assets 2018: $1,020,7682018Assets 2019: $1,587,135Liabilities 2019: $582,344Net Assets 2019: $1,004,7912019Assets 2020: $1,683,306Liabilities 2020: $557,940Net Assets 2020: $1,125,3662020Assets 2021: $1,750,109Liabilities 2021: $432,570Net Assets 2021: $1,317,5392021Assets 2022: $1,904,466Liabilities 2022: $437,477Net Assets 2022: $1,466,9892022Assets 2023: $2,064,613Liabilities 2023: $386,773Net Assets 2023: $1,677,8402023Assets 2024: $2,115,612Liabilities 2024: $325,092Net Assets 2024: $1,790,5202024

Highlighted filing

2024

Assets$2,115,612
Liabilities$325,092
Net Assets$1,790,520

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0Expenses 2010: $431,9082010Expenses 2011: $427,2112011Expenses 2012: $415,9332012Expenses 2013: $435,1392013Revenue 2014: $458,715Expenses 2014: $453,630Net Income 2014: $5,0852014Revenue 2015: $523,605Expenses 2015: $483,871Net Income 2015: $39,7342015Revenue 2016: $500,412Expenses 2016: $427,571Net Income 2016: $72,8412016Revenue 2017: $551,911Expenses 2017: $465,760Net Income 2017: $86,1512017Revenue 2018: $553,849Expenses 2018: $458,735Net Income 2018: $95,1142018Revenue 2019: $578,505Expenses 2019: $513,425Net Income 2019: $65,0802019Revenue 2020: $608,101Expenses 2020: $487,143Net Income 2020: $120,9582020Revenue 2021: $677,158Expenses 2021: $484,412Net Income 2021: $192,7462021Revenue 2022: $645,674Expenses 2022: $479,051Net Income 2022: $166,6232022Revenue 2023: $592,656Expenses 2023: $383,247Net Income 2023: $209,4092023Revenue 2024: $599,155Expenses 2024: $520,480Net Income 2024: $78,6752024

Highlighted filing

2024

Revenue$599,155
Expenses$520,480
Net Income$78,675

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.12$0.33$1.79$0.60$0.52$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.06$0.39$1.68$0.59$0.38$0.21
2022Detailed filing. Detailed filing data is available for this year.$1.90$0.44$1.47$0.65$0.48$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.75$0.43$1.32$0.68$0.48$0.19
2020Detailed filing. Detailed filing data is available for this year.$1.68$0.56$1.13$0.61$0.49$0.12
2019Detailed filing. Detailed filing data is available for this year.$1.59$0.58$1.00$0.58$0.51$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.65$0.63$1.02$0.55$0.46$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.61$0.68$0.93$0.55$0.47$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.52$0.68$0.84$0.50$0.43$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.49$0.72$0.77$0.52$0.48$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.50$0.77$0.73$0.46$0.45$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.79$0.72$0.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.96$0.70$0.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.98$0.65$0.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$1.01$0.62$0.43
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Nov 14, 2024
Return Version
2023v6.0
Gross Receipts
$599,155
Mission and Program Overview

Mission

Advocate for quality public school and public school employees where members work collaboratively and organize for action to reach the common goals of the association.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$834,133$811,303▼ $22,830
Cash and Non-Interest-Bearing Accounts$602,059$636,670▲ $34,611
Savings and Temporary Cash Investments$455,267$494,628▲ $39,361
Accounts Receivable$173,154$173,011▼ $143
Prepaid Expenses and Deferred Charges$0--
Total Assets$2,064,613$2,115,612▲ $50,999
Liabilities
Mortgage Notes Payable Secured by Investment Property$317,133$258,476▼ $58,657
Accounts Payable and Accrued Expenses$69,640$66,616▼ $3,024
Total Liabilities$386,773$325,092▼ $61,681
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,677,840$1,790,520▲ $112,680
Total Net Assets Fund Balance$1,677,840$1,790,520▲ $112,680
Total Liabilities and Net Assets / Fund Balance$2,064,613$2,115,612▲ $50,999

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$892,477-$892,477
Land$277,873-$277,873
Equipment$70,723-$70,723
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sandy SullivanOutgoing President (8/1/22-7/31/24)FT$114,261$114,261

Board Members and Trustees

NameTitle
David PalanziImm Past President (9/1/22-8/31/24)
Kris CountrymanIncoming President (8/1/24-7/31/26)
Cory BrunetVice President (9/1/23-8/31/24)
Melissa MuszynskiVice President (x-7/31/23)
Alexa SeveroDirector (8/1/21-7/31/23)
Heather BinkleyDirector (8/1/21-7/31/24)
Patricia Caldwell WilsonDirector (9/1/22-8/31/24)
Shirlita WestDirector (9/1/22-8/31/24)
Terry KristanDirector (9/1/22-8/31/24)
Michelle MosesDirector (9/1/23-8/31/24)
Todd FieldingDirector (9/1/23-8/31/24)
Christina FoulonDirector (9/1/23-8/31/25)
Heather SalbergDirector (9/1/24-8/31/26)
Brandon KerrApp Exec Brd Mbr (9/1/22-8/31/24)
Tracie LaneSecretary (9/1/22-8/31/24)
Esther JohnsonTreasurer (9/1/22-8/31/24)
Revenue and Support

Revenue Composition

Contributions and Grants
$589,326
Program Service Revenue
$0
Investment Income
$9,829
Other Revenue
$0
All Other Contributions
$8,660
Change in Net Assets
$78,675
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$274,659
Salaries, Compensation, and Employee Benefits$245,821
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$114,022$12,669$0$126,691
Conferences and Meetings$77,010$0$0$77,010
Office Expenses$47,256$20,226$0$67,482
Other Salaries and Wages$13,558$40,673$0$54,231
Pension Plan Contributions$18,446$7,906$0$26,352
Occupancy$17,265$7,400$0$24,665
Other Employee Benefits$16,677$7,147$0$23,824
Depreciation Depletion$15,980$6,849$0$22,829
Interest$10,491$4,496$0$14,987
Payroll Taxes$10,281$4,442$0$14,723
Information Technology$8,493$3,639$0$12,132
Advertising$5,777$0$0$5,777
Insurance$2,132$913$0$3,045
Other Expenses$0$1,285$0$1,285
Fees for Services Accounting$0$1,118$0$1,118
Fees for Service Investment Mgmnt Fees$0$600$0$600
Fees for Services Lobbying$286$0$0$286
Total Functional Expenses$401,117$119,363$0$520,480
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Loudoun Education Association Inc
EIN
54-0948867
Phone
7038587700
Address
19465 Deerfield Avenue, Leesburg, VA 20176

Signing Officer

Name
Kris Countryman
Title
President
Phone
7038587700
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1987
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
12

Preparer

Firm
Ascend Accounting & Business Solutions
Address
21155 Whitfield Pl Ste 201, Sterling, VA 20165
Preparer
Jamie Johnson
Phone
5712364225
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

The governing documents and all documents are provided upon request.

Pt VI, Line 15B

The standing committees include budget and compensation committees. Full-time positions are served at the pleasure of the membership and the board of LEA. For this fiscal year, the LEA President was on educational leave with LCPS and became a salaried employee receiving compensation and eligible for benefits with LEA.

Pt VI, Line 15A

All officers and directors are unpaid, with the exception of the President, who is salaried. All other officers and directors volunteeer their time to LEA.

Pt VI, Line 11B

The form 990 is reviewed with the consulting CPA and UniServ director.

Pt VI, Line 7B

In each work location, members in good standing shall elect one representative to the representative assembly. Amendments to the bylaws are presented in writing to the representative assembly, or by a petition of 10% of the membership. Should the proposed amendment be ratified by a majority vote of the representative assembly, it becomes effective. The representative assembly may place any issue for a vote of the members. Any issue placed before the members must pass by a majority of those voting. The board shall prepare an annual budget for approval by the representative assembly.

Pt VI, Line 7A

The President of the board appoints an elections committee to receive nominations and conduct elections. This committee shall report the slate of nominees for each officer and board of directors position to be filled. Ballots are sent to each work location. All members in good standing may vote. The candidate receiving a majority vote is elected.

Pt VI, Line 6

There are 4 classes of membership in the association; Active, Substitute, Reserve and Retired. Active membership is open to all professional educators under contract or on leave from Loudoun County Public Schools.

Pt VI, Line 19

The governing documents and all other documents are provided upon request.

Pt VI, Line 12C

There is a constant expectation and duty of all officers and employees to point out issues and potential items damaging to the Association.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Outgoing President (8/1/22-7/31/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt1Incoming President (8/1/24-7/31/26)
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President (x-7/31/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President (9/1/23-8/31/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary (9/1/22-8/31/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer (9/1/22-8/31/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt6Imm Past President (9/1/22-8/31/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director (9/1/22-8/31/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director (9/1/22-8/31/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director (9/1/22-8/31/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director (9/1/23-8/31/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director (8/1/21-7/31/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director (9/1/23-8/31/25)
IRS990/Form990PartVIISectionAGrp/TitleTxt13App Exec Brd Mbr (9/1/22-8/31/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director (8/1/21-7/31/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director (9/1/23-8/31/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director (9/1/24-8/31/26)
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IRS990/InsuranceGrp/TotalAmt03045
IRS990/InterestGrp/FundraisingAmt00
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IRS990/InterestGrp/ProgramServicesAmt010491
IRS990/InterestGrp/TotalAmt014987
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0811303
IRS990/LandBldgEquipCostOrOtherBssAmt01241073
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0Advocate for quality public school and public school employees where members work collaboratively and organize for action to reach the common goals of the association.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0317133
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0258476
IRS990/NetAssetsOrFundBalancesBOYAmt01677840
IRS990/NetAssetsOrFundBalancesEOYAmt01790520
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt07400
IRS990/OccupancyGrp/ProgramServicesAmt017265
IRS990/OccupancyGrp/TotalAmt024665
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020226
IRS990/OfficeExpensesGrp/ProgramServicesAmt047256
IRS990/OfficeExpensesGrp/TotalAmt067482
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07147
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt016677
IRS990/OtherEmployeeBenefitsGrp/TotalAmt023824
IRS990/OtherExpensesGrp/Desc0Membership
IRS990/OtherExpensesGrp/Desc1Scholarship
IRS990/OtherExpensesGrp/Desc2Bank charges
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21285
IRS990/OtherExpensesGrp/ProgramServicesAmt041943
IRS990/OtherExpensesGrp/ProgramServicesAmt11500
IRS990/OtherExpensesGrp/ProgramServicesAmt20
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IRS990/OtherExpensesGrp/TotalAmt11500
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt013558
IRS990/OtherSalariesAndWagesGrp/TotalAmt054231
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04442
IRS990/PayrollTaxesGrp/ProgramServicesAmt010281
IRS990/PayrollTaxesGrp/TotalAmt014723
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
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IRS990/PensionPlanContributionsGrp/ProgramServicesAmt018446
IRS990/PensionPlanContributionsGrp/TotalAmt026352
IRS990/PoliticalCampaignActyInd0false
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Sandy Sullivan
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0494628
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0892477
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0892477
IRS990ScheduleD/EquipmentGrp/BookValueAmt070723
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt070723
IRS990ScheduleD/LandGrp/BookValueAmt0277873
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0277873
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01241073
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The governing documents and all documents are provided upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The standing committees include budget and compensation committees. Full-time positions are served at the pleasure of the membership and the board of LEA. For this fiscal year, the LEA President was on educational leave with LCPS and became a salaried employee receiving compensation and eligible for benefits with LEA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All officers and directors are unpaid, with the exception of the President, who is salaried. All other officers and directors volunteeer their time to LEA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The form 990 is reviewed with the consulting CPA and UniServ director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4In each work location, members in good standing shall elect one representative to the representative assembly. Amendments to the bylaws are presented in writing to the representative assembly, or by a petition of 10% of the membership. Should the proposed amendment be ratified by a majority vote of the representative assembly, it becomes effective. The representative assembly may place any issue for a vote of the members. Any issue placed before the members must pass by a majority of those voting. The board shall prepare an annual budget for approval by the representative assembly.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The President of the board appoints an elections committee to receive nominations and conduct elections. This committee shall report the slate of nominees for each officer and board of directors position to be filled. Ballots are sent to each work location. All members in good standing may vote. The candidate receiving a majority vote is elected.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6There are 4 classes of membership in the association; Active, Substitute, Reserve and Retired. Active membership is open to all professional educators under contract or on leave from Loudoun County Public Schools.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The governing documents and all other documents are provided upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8There is a constant expectation and duty of all officers and employees to point out issues and potential items damaging to the Association.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 12c
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt02115612
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0589326
IRS990/TotalEmployeeCnt02

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