Civic Intelligence

Louisiana Gulf Coast Oil Exposition Inc

EIN 72-1002999 • 501(c)6 • Lafayette, LA

Profile

Promote general improvement of business conditions in the oil industry and foster public education and understanding of the functions and services of the oil industry

PO Box 53427Lafayette, LA 70505

www.lagcoe.com

Siviq Scores

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

Liabilities / Assets

45th percentile

0.03x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.05x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

5th percentile

-34%

Higher net margin than 5% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$88,000

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 26.1% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

15th percentile

-14%

Faster asset growth than 15% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

59%

Faster revenue growth than 93% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$612,821

Down $102,169 (-14%) from 2023

Liabilities

Up

$15,387

Up $12,043 (+360%) from 2023

Net Assets

Down

$597,434

Down $114,212 (-16%) from 2023

Revenue

Up

$336,611

Up $124,249 (+59%) from 2023

Expenses

Up

$450,823

Up $23,594 (+5.5%) from 2023

Net Income

Up

-$114,212

Up $100,655 (+47%) 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 2011: $1,285,642Liabilities 2011: $0Net Assets 2011: $1,285,6422011Assets 2012: $1,621,760Liabilities 2012: $0Net Assets 2012: $1,621,7602012Assets 2013: $2,054,481Liabilities 2013: $0Net Assets 2013: $2,054,4812013Assets 2014: $2,059,850Liabilities 2014: $0Net Assets 2014: $2,059,8502014Assets 2015: $2,514,503Liabilities 2015: $0Net Assets 2015: $2,514,5032015Assets 2016: $2,328,439Liabilities 2016: $0Net Assets 2016: $2,328,4392016Assets 2017: $2,415,715Liabilities 2017: $1,055Net Assets 2017: $2,414,6602017Assets 2018: $1,963,081Liabilities 2018: $22,675Net Assets 2018: $1,940,4062018Assets 2019: $1,891,426Liabilities 2019: $4,648Net Assets 2019: $1,886,7782019Assets 2020: $1,393,866Liabilities 2020: $1,883Net Assets 2020: $1,391,9832020Assets 2021: $1,102,569Liabilities 2021: $9,305Net Assets 2021: $1,093,2642021Assets 2022: $928,234Liabilities 2022: $1,721Net Assets 2022: $926,5132022Assets 2023: $714,990Liabilities 2023: $3,344Net Assets 2023: $711,6462023Assets 2024: $612,821Liabilities 2024: $15,387Net Assets 2024: $597,4342024

Highlighted filing

2024

Assets$612,821
Liabilities$15,387
Net Assets$597,434

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $21,863Expenses 2011: $337,889Net Income 2011: -$316,0262011Revenue 2012: $1,521,944Expenses 2012: $1,185,826Net Income 2012: $336,1182012Revenue 2013: $850,469Expenses 2013: $417,748Net Income 2013: $432,7212013Revenue 2014: $1,181,780Expenses 2014: $1,176,411Net Income 2014: $5,3692014Revenue 2015: $1,014,678Expenses 2015: $560,025Net Income 2015: $454,6532015Revenue 2016: $1,133,758Expenses 2016: $1,319,822Net Income 2016: -$186,0642016Revenue 2017: $736,995Expenses 2017: $650,774Net Income 2017: $86,2212017Revenue 2018: $936,888Expenses 2018: $1,411,142Net Income 2018: -$474,2542018Revenue 2019: $812,178Expenses 2019: $865,806Net Income 2019: -$53,6282019Revenue 2020: $101,408Expenses 2020: $397,984Net Income 2020: -$296,5762020Revenue 2021: $190,437Expenses 2021: $489,156Net Income 2021: -$298,7192021Revenue 2022: $698,798Expenses 2022: $865,549Net Income 2022: -$166,7512022Revenue 2023: $212,362Expenses 2023: $427,229Net Income 2023: -$214,8672023Revenue 2024: $336,611Expenses 2024: $450,823Net Income 2024: -$114,2122024

Highlighted filing

2024

Revenue$336,611
Expenses$450,823
Net Income-$114,212

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.02$0.60$0.34$0.45$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.00$0.71$0.21$0.43$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.00$0.93$0.70$0.87$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.01$1.09$0.19$0.49$0.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.00$1.39$0.10$0.40$0.30
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.00$1.89$0.81$0.87$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$0.02$1.94$0.94$1.41$0.47
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$0.00$2.41$0.74$0.65$0.09
2016Detailed filing. Detailed filing data is available for this year.$2.33$0.00$2.33$1.13$1.32$0.19
2015Detailed filing. Detailed filing data is available for this year.$2.51$0.00$2.51$1.01$0.56$0.45
2014Summary only. Only limited summary data is available for this year.$2.06$0.00$2.06$1.18$1.18$0.01
2013Summary only. Only limited summary data is available for this year.$2.05$0.00$2.05$0.85$0.42$0.43
2012Summary only. Only limited summary data is available for this year.$1.62$0.00$1.62$1.52$1.19$0.34
2011Summary only. Only limited summary data is available for this year.$1.29$0.00$1.29$0.02$0.34$0.32
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Mar 1, 2018 to Feb 28, 2019
Signed
Dec 17, 2019
Return Version
2018v3.1
Gross Receipts
$813,761
Mission and Program Overview

Mission

Promote general improvement of business conditions in the oil industry and foster public education and understanding of the functions and services of the oil industry

Promote the oil industry and foster public education and understanding of the functions and services of the oil industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,940,406$1,886,778▼ $53,628
Savings and Temporary Cash Investments$1,807,682$1,468,374▼ $339,308
Cash and Non-Interest-Bearing Accounts$127,271$415,121▲ $287,850
Land, Buildings, and Equipment, Net$13,252$7,675▼ $5,577
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,963,081$1,891,426▼ $71,655
Other Assets Total$14,876$256▼ $14,620
Liabilities
Accounts Payable and Accrued Expenses$22,675$4,648▼ $18,027
Total Liabilities$22,675$4,648▼ $18,027
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,940,406$1,886,778▼ $53,628
Total Liabilities and Net Assets / Fund Balance$1,963,081$1,891,426▼ $71,655

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,549$41,785$48,334
Other Land Buildings$1,126$35,089$36,215
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Angela CringExecutive DirectorFT$86,642$86,642

Board Members and Trustees

NameTitle
Greg StutesChairman
Gary LandryChairman Elect
Kenny CrouchImmediate Past Chairman
Bob MooreDirector
Brenda StellyDirector
Deidre ToupsDirector
Jason FenchDirector
Jim DoreDirector
John MelanconDirector
Jonathan SpragueDirector
Keith SeilhanDirector
Kelsey CorriganDirector
Larry LemarieDirector
Mike MccauleyDirector
Mike MonclaDirector
Monique RobertsDirector
Susan FrizzellDirector
Toby PitreDirector
Tully BlanchardDirector
William Flores JrDirector
Larry TollesonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$790
Program Service Revenue
$782,551
Investment Income
$25,960
Other Revenue
$2,877
Change in Net Assets
$-53,628
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$584,975
Salaries, Compensation, and Employee Benefits$254,931
Grants and Similar Amounts Paid$25,900
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$187,398$20,822-$208,220
Fees for Services Other$65,149$498-$65,647
Information Technology$44,836$4,982-$49,818
Advertising$46,306--$46,306
Occupancy-$36,795-$36,795
Travel$26,677--$26,677
Grants to Domestic Orgs$25,900--$25,900
Other Employee Benefits$20,923$2,325-$23,248
Office Expenses-$22,680-$22,680
Payroll Taxes$16,182$1,798-$17,980
All Other Expenses-$11,848-$11,848
Other Expenses$11,466$11,449-$11,466
Conferences and Meetings$11,098--$11,098
Depreciation Depletion-$6,716-$6,716
Insurance-$6,320-$6,320
Pension Plan Contributions$4,935$548-$5,483
Fees for Services Accounting-$3,803-$3,803
Total Functional Expenses$735,222$130,584$0$865,806
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Foundation of Acadiana - Lagcoe Education FundLafayette, LA-Funding for Projects and Programs That Support Educational Efforts for or About the Energy Industry.$25,900
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
Backup withholding compliance
Yes
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Many of the officers buy and sell equipment to/from each other.

Form 990, Part VI, Section A, Line 3

The employees of the organization were paid & received fringe benefits provided by wood group production services, inc through june 2018. Angela cring, an employee of wood group production services during that period, performed management duties and served as the executive director of the organization.

Form 990, Part VI, Section A, Line 6

The organization's members are the persons on the governing body, managing members and committee members. Members are the elected members of the board of directors and such other persons who may accept membership pursuant to invitation of the board of directors. Membership is on a non-stock basis.

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

Officers of the corporation include a chairman, a chairman-elect, a secretary and a treasurer. All officer positions are elected by the board with the exception of the secretary, which shall be occupied by the executive director of the corporation. The board of directors, including the executive committee, shall consist of nineteen (19) directors. At the discretion of the board, the number of directors can be increased or decreased not to exceed twenty-one (21) or fall below seven (7).

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

A copy of the form 990 is provided to the officers of the organization. Officers come to the office of louisiana gulf coast oil exposition, inc to review the form 990. The treasurer signs the form 990 once the review has been completed.

Form 990, Part VI, Section B, Line 12C

In addition to periodic reviews, the organization requires biennial signatures of receipt, reading, understanding and compliance of the policy.

Form 990, Part VI, Section C, Line 19

No documents are made available to the public.

Filing and Contact Details

Filer

Filer Name
Louisiana Gulf Coast Oil Exposition Inc
EIN
72-1002999
Phone
3372354055
Address
PO BOX 53427, LAFAYETTE, LA 70505

Signing Officer

Name
Larry Tolleson
Title
Treasurer
Phone
3372354055
Signed
2019-12-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Tolleson
Formed
1984
Legal Domicile
La
Voting Board Members
21
Independent Board Members
21
Employees
6
Volunteers
300

Preparer

Firm
Postlethwaite & Netterville
Address
400 E KALISTE SALOOM RD STE 7100, LAFAYETTE, LA 70508
Preparer
David Edmond
Phone
3372348431
Raw XML AppendixShowing 400 of 491 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/PersonNm3KENNY CROUCH
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IRS990/Form990PartVIISectionAGrp/PersonNm9SUSAN FRIZZELL
IRS990/Form990PartVIISectionAGrp/PersonNm10LARRY LEMARIE
IRS990/Form990PartVIISectionAGrp/PersonNm11MIKE MCCAULEY
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN MELANCON
IRS990/Form990PartVIISectionAGrp/PersonNm13BOB MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm14MIKE MONCLA
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IRS990/Form990PartVIISectionAGrp/PersonNm20DEIDRE TOUPS
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3IMMEDIATE PAST CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21EXECUTIVE DIRECTOR
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IRS990/FormationYr01984
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IRS990/LocalChaptersInd00
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IRS990/MembershipDuesAmt0790
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROMOTE GENERAL IMPROVEMENT OF BUSINESS CONDITIONS IN THE OIL INDUSTRY AND FOSTER PUBLIC EDUCATION AND UNDERSTANDING OF THE FUNCTIONS AND SERVICES OF THE OIL INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1583
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IRS990/NondeductibleContributionsInd00
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
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IRS990/OtherExpensesGrp/Desc1DIRECT SHOWGROUNDS EXPE
IRS990/OtherExpensesGrp/Desc2LAGCOE HOSTED EVENTS
IRS990/OtherExpensesGrp/Desc3CREDIT CARD PROCESSING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011449
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IRS990/OtherExpensesGrp/ProgramServicesAmt195766
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IRS990/PrincipalOfficerNm0LARRY TOLLESON
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt01807682
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01468374
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt06549
IRS990ScheduleD/EquipmentGrp/DepreciationAmt041785
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048334
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01126
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt035089
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt036215
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07675
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt025900
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FUNDING FOR PROJECTS AND PROGRAMS THAT SUPPORT EDUCATIONAL EFFORTS FOR OR ABOUT THE ENERGY INDUSTRY.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0COMMUNITY FOUNDATION OF ACADIANA - LAGCOE EDUCATION FUND
IRS990ScheduleI/RecipientTable/RecipientEIN0721493023
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01035 CAMELLIA BLVD 100
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LAFAYETTE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0LA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd070508
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANY OF THE OFFICERS BUY AND SELL EQUIPMENT TO/FROM EACH OTHER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EMPLOYEES OF THE ORGANIZATION WERE PAID & RECEIVED FRINGE BENEFITS PROVIDED BY WOOD GROUP PRODUCTION SERVICES, INC THROUGH JUNE 2018. ANGELA CRING, AN EMPLOYEE OF WOOD GROUP PRODUCTION SERVICES DURING THAT PERIOD, PERFORMED MANAGEMENT DUTIES AND SERVED AS THE EXECUTIVE DIRECTOR OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S MEMBERS ARE THE PERSONS ON THE GOVERNING BODY, MANAGING MEMBERS AND COMMITTEE MEMBERS. MEMBERS ARE THE ELECTED MEMBERS OF THE BOARD OF DIRECTORS AND SUCH OTHER PERSONS WHO MAY ACCEPT MEMBERSHIP PURSUANT TO INVITATION OF THE BOARD OF DIRECTORS. MEMBERSHIP IS ON A NON-STOCK BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS OF THE CORPORATION INCLUDE A CHAIRMAN, A CHAIRMAN-ELECT, A SECRETARY AND A TREASURER. ALL OFFICER POSITIONS ARE ELECTED BY THE BOARD WITH THE EXCEPTION OF THE SECRETARY, WHICH SHALL BE OCCUPIED BY THE EXECUTIVE DIRECTOR OF THE CORPORATION. THE BOARD OF DIRECTORS, INCLUDING THE EXECUTIVE COMMITTEE, SHALL CONSIST OF NINETEEN (19) DIRECTORS. AT THE DISCRETION OF THE BOARD, THE NUMBER OF DIRECTORS CAN BE INCREASED OR DECREASED NOT TO EXCEED TWENTY-ONE (21) OR FALL BELOW SEVEN (7).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY OF THE FORM 990 IS PROVIDED TO THE OFFICERS OF THE ORGANIZATION. OFFICERS COME TO THE OFFICE OF LOUISIANA GULF COAST OIL EXPOSITION, INC TO REVIEW THE FORM 990. THE TREASURER SIGNS THE FORM 990 ONCE THE REVIEW HAS BEEN COMPLETED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IN ADDITION TO PERIODIC REVIEWS, THE ORGANIZATION REQUIRES BIENNIAL SIGNATURES OF RECEIPT, READING, UNDERSTANDING AND COMPLIANCE OF THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3

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