Civic Intelligence

Vanderbilt Home Care Services Inc

990 • Fiscal year 2018 • EIN 62-1404948

Jul 01, 2017 to Jun 30, 2018 • Filed on May 08, 2019

2120 Belcourt AvenueNashville, TN 37212-3504

(615) 936-0336

Siviq Scores

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

Liabilities / Assets

100th percentile

7.01x

Higher debt load relative to assets than 100% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

83rd percentile

1.32x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

10th percentile

-21%

Higher net margin than 10% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

97th percentile

$1,180,305

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

49th percentile

1.6%

Faster asset growth than 49% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

88th percentile

46%

Faster revenue growth than 88% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,863,009

Up $46,363 (+1.6%) from 2017

Net Assets

Down

-$17,209,067

Down $1,532,452 (-9.8%) from 2017

Liabilities

Up

$20,072,076

Up $1,578,815 (+8.5%) from 2017

Revenue

Up

$15,201,667

Up $4,822,201 (+46%) from 2017

Expenses

Up

$18,413,654

Up $1,731,675 (+10%) from 2017

Net Income

Up

-$3,211,987

Up $3,090,526 (+49%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10M-$20MAssets 2011: $1,897,690Liabilities 2011: $6,014,524Net Assets 2011: -$4,116,8342011Assets 2012: $1,915,170Liabilities 2012: $6,017,410Net Assets 2012: -$4,102,2402012Assets 2013: $1,897,932Liabilities 2013: $6,405,035Net Assets 2013: -$4,507,1032013Assets 2014: $1,766,676Liabilities 2014: $6,869,878Net Assets 2014: -$5,103,2022014Assets 2015: $2,071,993Liabilities 2015: $9,308,182Net Assets 2015: -$7,236,1892015Assets 2016: $2,366,858Liabilities 2016: $11,740,960Net Assets 2016: -$9,374,1022016Assets 2017: $2,816,646Liabilities 2017: $18,493,261Net Assets 2017: -$15,676,6152017Assets 2018: $2,863,009Liabilities 2018: $20,072,076Net Assets 2018: -$17,209,0672018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2018

Assets$2,863,009
Liabilities$20,072,076
Net Assets-$17,209,067

Operations Trend

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

$20M$10M$0-$10MRevenue 2011: $9,975,397Expenses 2011: $9,507,322Net Income 2011: $468,0752011Revenue 2012: $9,804,491Expenses 2012: $9,789,897Net Income 2012: $14,5942012Revenue 2013: $9,969,187Expenses 2013: $10,373,767Net Income 2013: -$404,5802013Revenue 2014: $10,214,249Expenses 2014: $10,810,348Net Income 2014: -$596,0992014Revenue 2015: $9,878,139Expenses 2015: $12,011,126Net Income 2015: -$2,132,9872015Revenue 2016: $12,428,751Expenses 2016: $14,404,503Net Income 2016: -$1,975,7522016Revenue 2017: $10,379,466Expenses 2017: $16,681,979Net Income 2017: -$6,302,5132017Revenue 2018: $15,201,667Expenses 2018: $18,413,654Net Income 2018: -$3,211,9872018Revenue 2019: $14,252,622Expenses 2019: $16,900,632Net Income 2019: -$2,648,0102019

Highlighted filing

2018

Revenue$15,201,667
Expenses$18,413,654
Net Income-$3,211,987
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 8, 2019
Return Version
2017v2.2
Gross Receipts
$15,201,667
Mission and Program Overview

Mission

See Schedule O, Form 990, Part III, Line 1

See Schedule O Form 990, Part III, Line 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,614,038$1,576,275▼ $37,763
Cash and Non-Interest-Bearing Accounts$1,146,913$1,193,319▲ $46,406
Prepaid Expenses and Deferred Charges$15,330$52,098▲ $36,768
Inventories for Sale or Use$34,314$35,940▲ $1,626
Land, Buildings, and Equipment, Net$6,051$5,377▼ $674
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors-$0-
Rtn Earn Endowment Incm Other Fnds$-15,676,615$-17,209,067▼ $1,532,452
Total Assets$2,816,646$2,863,009▲ $46,363
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$15,581,248$19,150,721▲ $3,569,473
Accounts Payable and Accrued Expenses$2,507,888$645,386▼ $1,862,502
Deferred Revenue$404,125$275,969▼ $128,156
Total Liabilities$18,493,261$20,072,076▲ $1,578,815
Net Assets / Fund Balance
Total Net Assets Fund Balance$-15,676,615$-17,209,067▼ $1,532,452
Total Liabilities and Net Assets / Fund Balance$2,816,646$2,863,009▲ $46,363

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$46,730$46,730
Leasehold Improvements$5,377$4,731$10,108
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-SecretaryFT$86,452$134,519$220,971
-Physical TherapistFT$94,592$61,929$156,521
-AssociateFT$140,724$5,220$145,944
-PresidentFT$125,276$13,205$138,481
-Registered NurseFT$104,903$16,249$121,152
-Former Vice PresidentPT$8,475$16,088$24,563

Board Members and Trustees

NameTitle
-Chair/Director
-Former President
-Director
-Former Treasurer
-Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
McBee Associates IncProfessional & Consulting Services997 Old Eagles School Rd, Wayne, PA 19087$1,481,353
Fazzi Associates IncProfessional & Consulting Services11 Village Hill Road Suite 101, Northampton, MA 01060$125,580
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$15,201,417
Investment Income
$250
Other Revenue
$0
Change in Net Assets
$-3,211,987
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$15,395,441
Other Expenses$3,018,213
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,934,250$788,210-$11,722,460
Other Employee Benefits$1,836,943--$1,836,943
Office Expenses$398,273$590,347-$988,620
Payroll Taxes$816,209$92,488-$908,697
Occupancy-$796,617-$796,617
Current Officers, Directors, Trustees, and Key Employees-$670,889-$670,889
Travel$453,806$266-$454,072
Information Technology$268,444$131,666-$400,110
Pension Plan Contributions$219,116$15,764-$234,880
Other Expenses$226,221--$226,221
Fees for Services Other$0$103,684$0$103,684
Conferences and Meetings$14,279$7,712-$21,991
Comp Disqual Persons$21,572--$21,572
Insurance-$15,664-$15,664
All Other Expenses$1,200$3,593$0$4,793
Fees for Services Management-$4,717-$4,717
Advertising-$1,050-$1,050
Depreciation Depletion-$674-$674
Total Functional Expenses$15,190,313$3,223,341$0$18,413,654
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Family member of David Green, TreasurerEmployment at Vanderbilt Home Care Services, Inc.No$21,572

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Vanderbilt University Medical Center$19,150,721
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2 Family/Business Relationships Amongst Interested Parties

Cecelia Moore is an officer of Vanderbilt University Medical Center and the following directors or current officers of Vanderbilt Home Care Services are employed by Vanderbilt University Medical Center: James Hollender, David Posch, Robin Steaban, James Mathis, Angela Horton, Marilyn Dubree, and David Green.

Form 990, Part VI, Line 6 Classes of members or stockholders

Under Vanderbilt Home Care Services Articles of Incorporation, Vanderbilt Health Services, LLC (62-1176354) is a member.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

Vanderbilt Health Services, LLC (62-1176354), a disregarded entity of Vanderbilt University Medical Center (35-2528741), has the authority to appoint the board of directors.

Form 990, Part VI, Line 11B Review of form 990 by governing body

A Draft copy of Form 990 is provided to finance, management, and designated officers and directors for review. Once this review process is complete, the final form 990 and all required schedules are made available to the full board of directors for review prior to the filing of the return.

Form 990, Part VI, Line 12C Conflict of interest policy

Vanderbilt Home Care Services' employees, officers, and board of directors are required to complete a conflict of interest disclosure annually. VANDERBILT HOME CARE SERVICES REQUIRES THAT FOR ANY Employee DISCLOSING A POTENTIAL CONFLICT OF INTEREST, THE CONFLICT BE REVIEWED BY THE INDIVIDUAL'S MANAGER, AS WELL AS BY THE Vanderbilt University Medical Center (35-2528741) DIRECTOR OF CONFLICT OF INTEREST. ANY REPORTED CONFLICT WILL BE MANAGED, MITIGATED, OR ELIMINATED. THE MANAGER IS REQUIRED TO RESPOND THAT ANY RECOMMENDED MANAGEMENT PLAN HAS BEEN IMPLEMENTED OR THAT THE REPORTED CONFLICT NO LONGER EXISTS. FOR THOSE CONFLICTS IN WHICH VANDERBILT HOME CARE SERVICES MAY HAVE AN INSTITUTIONAL INTEREST, THOSE IN WHICH HUMAN SUBJECT RESEARCH IS PERFORMED, OR THOSE DEEMED UNMANAGEABLE, THE Vanderbilt University MEDICAL CENTER STAFF Conflict of Interest COMMITTEE reviews and DETERMINES APPROPRIATE ACTION.

Form 990, Part VI, Line 19 Required documents available to the public

Vanderbilt Home Care Services' governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Vanderbilt Home Care Services Inc
EIN
62-1404948
Phone
6159360336
Address
2120 Belcourt Avenue, Nashville, TN 37212-3504

Signing Officer

Name
Kerry G Gillihan
Title
Chief Executive Officer
Signed
2019-05-08

Organization Details

Formed
1989
Legal Domicile
Tn
Voting Board Members
6
Independent Board Members
0
Employees
422
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1 Description of Organization Mission

Vanderbilt Home Care Services' mission is to provide excellence in home care with the high standards that we would expect for our own family and loved ones. Our values include: * Support for community based home services through excellence in clinical practice and education * Patient safety and quality * Strong interdisciplinary collaboration, communication and partnership * Evidenced based practice and clinical expertise * Technology enhanced innovation As a part of Vanderbilt University Medical Center, we support its patient care, research, and educational enterprises. We provide a vital link in the continuum of care for patients and families in Vanderbilt University Medical Center's health care system.

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Capital Contributions - 1679535;

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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0Caroline Chamberlain
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt1Cecelia B Moore
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt2James Hollender
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt3David R Posch
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt8Kerry Gillihan
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt9David Green
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt10Julia Triplett
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt11Shirley J Myers
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt12Melissa K Duque
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt13Josephine Mariscotes
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt14Invencion B Rellama-Raynes
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt15Dorothy S Morcillo
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt16Laura Beth Brown
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt17Katie Koss
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt18Brenda Swift
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt19Karen Nanney
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18255843
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt19343736
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Chair/Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8President
IRS990/Form990PartVIISectionAGrp/TitleTxt9Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt11Associate
IRS990/Form990PartVIISectionAGrp/TitleTxt12Registered Nurse
IRS990/Form990PartVIISectionAGrp/TitleTxt13Physical Therapist
IRS990/Form990PartVIISectionAGrp/TitleTxt14Physical Therapist
IRS990/Form990PartVIISectionAGrp/TitleTxt15Physical Therapist
IRS990/Form990PartVIISectionAGrp/TitleTxt16Former President
IRS990/Form990PartVIISectionAGrp/TitleTxt17Former Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt18Former Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt19Former Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt015201667
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0131666
IRS990/InformationTechnologyGrp/ProgramServicesAmt0268444
IRS990/InformationTechnologyGrp/TotalAmt0400110
IRS990/InsuranceGrp/ManagementAndGeneralAmt015664
IRS990/InsuranceGrp/TotalAmt015664
IRS990/InventoriesForSaleOrUseGrp/BOYAmt034314
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IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/IRPDocumentCnt017
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IRS990/LandBldgEquipAccumDeprecAmt051461
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06051
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05377
IRS990/LandBldgEquipCostOrOtherBssAmt056838
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0See Schedule O, Form 990, Part III, Line 1
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt0-17209067
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IRS990/NondeductibleContributionsInd0false
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IRS990/OfficeExpensesGrp/ProgramServicesAmt0398273
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt01679535
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01836943
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IRS990/OtherExpensesGrp/Desc0Medical Supplies
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Kerry G Gillihan
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IRS990/ProgramServiceRevenueGrp/BusinessCd0621610
IRS990/ProgramServiceRevenueGrp/Desc0Home Health & Private Nursing
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015201417
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0295
IRS990/PYOtherExpensesAmt03315684
IRS990/PYProgramServiceRevenueAmt010379171
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IRS990/PYSalariesCompEmpBnftPaidAmt013366295
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-3211987
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt015201417
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-15676615
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-17209067
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0250
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0295

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