Civic Intelligence

Harrison County Beef Cattle Association Inc

990 • Fiscal year 2020 • EIN 61-1138169

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 12, 2021

Refreshing map…

668 New Lair RoadCynthiana, KY 41031

(859) 234-5510

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Net Margin

46th percentile

8.5%

Higher net margin than 46% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)5 • <$500k nonprofits • Source year 2020

Asset Growth

74th percentile

21%

Faster asset growth than 74% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

29th percentile

-12%

Faster revenue growth than 29% of similar nonprofits.

2020 filings • 501(c)5 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$161,042

Up $28,080 (+21%) from 2019

Net Assets

Up

$161,042

Up $28,080 (+21%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$331,467

Down $43,183 (-12%) from 2019

Expenses

Down

$303,387

Down $49,162 (-14%) from 2019

Net Income

Up

$28,080

Up $5,979 (+27%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $95,320Liabilities 2011: $0Net Assets 2011: $95,3202011Assets 2012: $117,822Liabilities 2012: $0Net Assets 2012: $117,8222012Assets 2013: $116,600Liabilities 2013: $0Net Assets 2013: $116,6002013Assets 2014: $131,766Liabilities 2014: $0Net Assets 2014: $131,7662014Assets 2015: $137,879Liabilities 2015: $0Net Assets 2015: $137,8792015Assets 2016: $134,839Liabilities 2016: $0Net Assets 2016: $134,8392016Assets 2017: $118,199Liabilities 2017: $0Net Assets 2017: $118,1992017Assets 2018: $129,776Liabilities 2018: $0Net Assets 2018: $129,7762018Assets 2019: $132,962Liabilities 2019: $0Net Assets 2019: $132,9622019Assets 2020: $161,042Liabilities 2020: $0Net Assets 2020: $161,0422020Assets 2021: $168,560Liabilities 2021: $0Net Assets 2021: $168,5602021Assets 2022: $115,088Liabilities 2022: $0Net Assets 2022: $115,0882022Assets 2023: $127,368Liabilities 2023: $0Net Assets 2023: $127,3682023

Highlighted filing

2020

Assets$161,042
Liabilities$0
Net Assets$161,042

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $623,022Expenses 2011: $587,897Net Income 2011: $35,1252011Revenue 2012: $387,466Expenses 2012: $364,964Net Income 2012: $22,5022012Revenue 2013: $317,777Expenses 2013: $318,999Net Income 2013: -$1,2222013Revenue 2014: $412,008Expenses 2014: $396,842Net Income 2014: $15,1662014Revenue 2015: $426,978Expenses 2015: $420,865Net Income 2015: $6,1132015Revenue 2016: $340,989Expenses 2016: $344,029Net Income 2016: -$3,0402016Revenue 2017: $267,774Expenses 2017: $284,414Net Income 2017: -$16,6402017Revenue 2018: $267,156Expenses 2018: $274,494Net Income 2018: -$7,3382018Revenue 2019: $374,650Expenses 2019: $352,549Net Income 2019: $22,1012019Revenue 2020: $331,467Expenses 2020: $303,387Net Income 2020: $28,0802020Revenue 2021: $369,683Expenses 2021: $362,165Net Income 2021: $7,5182021Revenue 2022: $409,847Expenses 2022: $463,319Net Income 2022: -$53,4722022Revenue 2023: $337,040Expenses 2023: $324,760Net Income 2023: $12,2802023

Highlighted filing

2020

Revenue$331,467
Expenses$303,387
Net Income$28,080
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 12, 2021
Return Version
2020v4.0
Gross Receipts
$347,109
Mission and Program Overview

Mission

To educate beef producers about beef cattle

County Beef Cattle Association

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$87,858$111,183▲ $23,325
Land, Buildings, and Equipment, Net$29,071$33,546▲ $4,475
Savings and Temporary Cash Investments$16,033$16,313▲ $280
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$132,962$161,042▲ $28,080
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$132,962$161,042▲ $28,080
Net Assets Without Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$132,962$161,042▲ $28,080
Total Liabilities and Net Assets / Fund Balance$132,962$161,042▲ $28,080

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$33,546$208,604$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Megan BaxterPresident
Larry TuttleVice-President
Joyce Ann MullenSecretary
Lincoln CliffordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$313,892
Program Service Revenue
$0
Investment Income
$280
Other Revenue
$17,295
All Other Contributions
$0
Change in Net Assets
$28,080
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$254,336
Other Expenses$49,051
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$254,336--$254,336
Other Expenses$29,716$0$0$29,716
Depreciation Depletion$15,675$0$0$15,675
Fees for Services Accounting$2,766$0$0$2,766
Insurance$894$0$0$894
Total Functional Expenses$303,387$0$0$303,387
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,045
Fundraising Direct Expenses$4,111
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Bill ThomsonPhase I Board MemberLarge AnimalNo$2,500
David MullenHCBCA Secretary's SpouseForage & Grain ImprovementsNo$2,500
Jerry ProwsPhase I Board MemberForage & Grain ImprovementsNo$2,500
Keith SmithHCBCA Lifetime AdvisorLarge AnimalNo$2,500
Kyle BushHCBCA Junior DirectorLarge AnimalNo$2,500
Larry TuttleHCBCA Vice-PresidentForage & Grain ImprovementsNo$2,500
Luke ArthurPhase I Board MemberForage & Grain ImprovementsNo$2,500
Megan BaxterHCBCA PresidentLarge AnimalNo$2,500
Roger MarshChairman Phase I BoardForage & Grain ImprovementsNo$2,500
Wayne CliffordPast President HCBCAForage & Grain ImprovementsNo$2,500
Nick FarmerPhase I Board MemberLarge AnimalNo$2,100
Kevin FarrellPhase I Board MemberLarge AnimalNo$2,087
Tom Zack EvansPhase I Board MemberForage & Grain ImprovementsNo$1,500
Lowell CliffordHCBCA Lifetime AdvisorLarge AnimalNo$1,300
Ronnie FranklinHCBCA DirectorLarge AnimalNo$1,300
Tom Zack EvansPhase I Board MemberFarm InfrastructureNo$1,000
Kevin FarrellPhase I Board MemberForage & Grain ImprovementsNo$413
Nick FarmerPhase I Board MemberForage & Grain ImprovementsNo$400

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The officers are elected by membership annually and all decisions are approved by the officers and/or members

Form 990, Part VI, Section A, Line 7A

The officers are elected by membership annually and all decisions are approved by the officers and/or members

Form 990, Part VI, Section A, Line 7B

The officers are elected by membership annually and all decisions are approved by the officers and/or members

Form 990, Part VI, Section B, Line 11B

after 990 is completed it is submitted to the President for his/her review and signature

Form 990, Part VI, Section B, Line 15

All officers are unpaid volunteers

Form 990, Part VI, Section C, Line 19

upon request

Filing and Contact Details

Filer

Filer Name
Harrison County Beef Cattle Association Inc
EIN
61-1138169
Phone
8592345510
Address
668 New Lair Road, Cynthiana, KY 41031

Signing Officer

Name
Magan Baxter
Title
President
Phone
8592345510
Signed
2021-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Megan Baxter
Formed
1985
Legal Domicile
Ky
Voting Board Members
184
Independent Board Members
184
Employees
0
Volunteers
184

Preparer

Firm
Colby A Blair
Address
825 Gunpowder Drive, Lexington, KY 40509
Preparer
Colby Blair
Phone
8595762428
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Line 6

membership is open to all persons who have an interest in beef cattle education

Form 990, Part IX, Line 24A - 24D

2019 Program A2019-0125 Returned to Frankfort - 24,604 Bank Charges - 107 Beef Scholarship - 2,000 BQA Dues to State - 115 Rounding - 2 Donations - 1,000 Gift Certificates - 200 Hay Samples - 190 HCBCA Membership Dues to State - 1,270 Miscellaneous - 52 Reimbursements - 119 Sunshine Fund - 57 Total to Part IX Line 24 - 29,716

Raw XML AppendixShowing 400 of 757 raw XML fields

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IRS990/NetAssetsOrFundBalancesEOYAmt0161042
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0934
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0934
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt016313
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt016313
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0See Schedule O
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt029716
IRS990/OtherExpensesGrp/TotalAmt029716
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0110000
IRS990/OtherRevenueMiscGrp/BusinessCd1110000
IRS990/OtherRevenueMiscGrp/Desc0Hay Tests
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt010
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt138
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt138
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueTotalAmt048
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Megan Baxter
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0348443
IRS990/PYGrantsAndSimilarPaidAmt0308915
IRS990/PYInvestmentIncomeAmt0172
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt043634
IRS990/PYOtherRevenueAmt026035
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt022101
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0352549
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0374650
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt028080
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt016313
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0331467
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt016033
IRS990/SavingsAndTempCashInvstGrp/EOYAmt016313
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt033546
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0208604

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.27$0.00$1.27$3.37$3.25$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.00$1.15$4.10$4.63$0.53
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.00$1.69$3.70$3.62$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$3.31$3.03$0.28
2019Summary only. Only limited summary data is available for this year.$1.33$0.00$1.33$3.75$3.53$0.22
2018Summary only. Only limited summary data is available for this year.$1.30$0.00$1.30$2.67$2.74$0.07
2017Summary only. Only limited summary data is available for this year.$1.18$0.00$1.18$2.68$2.84$0.17
2016Summary only. Only limited summary data is available for this year.$1.35$0.00$1.35$3.41$3.44$0.03
2015Summary only. Only limited summary data is available for this year.$1.38$0.00$1.38$4.27$4.21$0.06
2014Summary only. Only limited summary data is available for this year.$1.32$0.00$1.32$4.12$3.97$0.15
2013Summary only. Only limited summary data is available for this year.$1.17$0.00$1.17$3.18$3.19$0.01
2012Summary only. Only limited summary data is available for this year.$1.18$0.00$1.18$3.87$3.65$0.23
2011Summary only. Only limited summary data is available for this year.$0.95$0.00$0.95$6.23$5.88$0.35