Civic Intelligence

Quaker Digital Academy

990 • Fiscal year 2021 • EIN 76-0736092

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 29, 2022

400 Mill Avenue Suite 901New Philadelphia, OH 44663

(330) 340-0808

Siviq Scores

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

Liabilities / Assets

97th percentile

1.29x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

86th percentile

1.37x

Higher debt load relative to revenue than 86% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

30th percentile

2.7%

Higher net margin than 30% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

23rd percentile

$5,708

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$5,243,600

No earlier filing loaded for comparison.

Net Assets

-$1,533,194

No earlier filing loaded for comparison.

Liabilities

$6,776,794

No earlier filing loaded for comparison.

Revenue

$4,950,523

No earlier filing loaded for comparison.

Expenses

$4,815,277

No earlier filing loaded for comparison.

Net Income

$135,246

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2021: $5,243,600Liabilities 2021: $6,776,794Net Assets 2021: -$1,533,1942021Assets 2022: $6,021,578Liabilities 2022: $6,783,225Net Assets 2022: -$761,6472022Assets 2023: $7,220,354Liabilities 2023: $6,657,758Net Assets 2023: $562,5962023Assets 2024: $8,403,647Liabilities 2024: $5,907,057Net Assets 2024: $2,496,5902024Assets 2025: $9,820,028Liabilities 2025: $5,769,270Net Assets 2025: $4,050,7582025

Highlighted filing

2021

Assets$5,243,600
Liabilities$6,776,794
Net Assets-$1,533,194

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2021: $4,950,523Expenses 2021: $4,815,277Net Income 2021: $135,2462021Revenue 2022: $4,814,301Expenses 2022: $3,773,946Net Income 2022: $1,040,3552022Revenue 2023: $5,557,022Expenses 2023: $4,244,398Net Income 2023: $1,312,6242023Revenue 2024: $6,726,580Expenses 2024: $4,792,586Net Income 2024: $1,933,9942024Revenue 2025: $6,930,316Expenses 2025: $5,166,688Net Income 2025: $1,763,6282025

Highlighted filing

2021

Revenue$4,950,523
Expenses$4,815,277
Net Income$135,246
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 29, 2022
Return Version
2020v4.2
Gross Receipts
$4,983,475
Mission and Program Overview

Mission

Quaker digital academys goal is to provide students with truly individualized education to meet their needs and help them succeed. Qda offers a variety of exceptional and accredited curricular options to meet the individual unique needs of each student.

Quaker digital academy's goal is to provide students with a truly individualized education to meet their needs and help them succeed. Qda offers a variety of exceptional and accredited curricular options to meet the individual unique needs of each student.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,151,720$3,520,750▼ $630,970
Prepaid Expenses and Deferred Charges$968,395$1,028,179▲ $59,784
Pledges and Grants Receivable$141,010$268,864▲ $127,854
Land, Buildings, and Equipment, Net$260,945$189,882▼ $71,063
Accounts Receivable-$600-
Total Assets$5,745,021$5,243,600▼ $501,421
Other Assets Total$222,951$235,325▲ $12,374
Liabilities
Other Liabilities$4,353,380$4,692,800▲ $339,420
Grants Payable-$1,363,077-
Deferred Revenue$1,889,436$504,355▼ $1,385,081
Accounts Payable and Accrued Expenses$1,170,645$216,562▼ $954,083
Total Liabilities$7,413,461$6,776,794▼ $636,667
Net Assets / Fund Balance
Net Assets With Donor Restrictions$118,215$122,110▲ $3,895
Net Assets Without Donor Restrictions$-1,786,655$-1,655,304▲ $131,351
Total Net Assets Fund Balance$-1,668,440$-1,533,194▲ $135,246
Total Liabilities and Net Assets / Fund Balance$5,745,021$5,243,600▼ $501,421

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$189,882$440,051$629,933
Compensation and Service Providers

Employees

NameTitleBaseTotal
Julie ErwinTreasurer$5,708$5,708

Board Members and Trustees

NameTitle
Mrs StroupPresident
Mrs SterlingVice President
Mr KempBoard Member
Mr SnyderBoard Member
Mrs BallBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
New Philadelphia City SchoolsSponsor Fees And Health Insurance248 FRONT AVE SW, New Philadelphia, OH 44663$524,787
EdmentumInstructional Software5600 WEST 83RD STREET, Bloomington, MN 55437$442,530
Lincoln Learning SolutionsInstructional Software294 MASSACHUSETTS AVE, Rochester, PA 15074$139,594
Revenue and Support

Revenue Composition

Contributions and Grants
$4,283,419
Program Service Revenue
$666,449
Investment Income
$-28,382
Other Revenue
$29,037
All Other Contributions
$2,000
Change in Net Assets
$135,246

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,950,523
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,950,523
Total Revenue per Form 990
$4,950,523
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,139,905
Other Expenses$1,675,372
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,134,197--$3,134,197
Fees for Services Other$970,535--$970,535
Occupancy$185,900--$185,900
Depreciation Depletion$60,889--$60,889
Other Expenses$33,909--$33,909
Current Officers, Directors, Trustees, and Key Employees$5,708--$5,708
Total Functional Expenses$4,815,277$0$0$4,815,277

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,815,277
Total Expenses per Audited Statements$4,815,277
Total Expenses per Form 990$4,815,277
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$4,332,795
Net Opeb Liability$360,005
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
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 3

The school contracts with the institute for management and resources to run the day to day operations of the school.

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

The board elects to remove members as needed with approval from sponsor

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

The school treasurer reviews the 990 and sumbits it to the board for approval.

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

At the annual meeting of the school, each board member is required to fill out the disclosure policy form and submit for review.

Form 990, Part VI, Section C, Line 19

The organization's day to day operating records are maintained by the emo on site at the school. All legal documents (policies, bylaws, and other governing documents) are maintained by the schools legal counsel. All financial documents are maintained by the fiscal officer and are available upon request.

Filing and Contact Details

Filer

Filer Name
Quaker Digital Academy
EIN
76-0736092
Phone
3303400808
Address
400 MILL AVENUE SUITE 901, NEW PHILADELPHIA, OH 44663

Signing Officer

Name
Julie Erwin
Title
Treasurer
Phone
3303400808
Signed
2022-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Erwin
Formed
2020
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
85
Volunteers
0

Preparer

Firm
Rea & Associates Inc
Address
941 STEUBENVILLE AVE PO BOX 820, CAMBRIDGE, OH 43725-0820
Preparer
Lane a Mccartney CPA
Phone
7404325658
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional & technical services: program service expenses 970,535. Management and general expenses 0. Fundraising expenses 0. Total expenses 970,535.

Form 990, Part XII, Line 2C

This process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

"this is a governmental enterprise - fin 48 does not apply."

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

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IRS990/PYRevenuesLessExpensesAmt0-953051
IRS990/PYSalariesCompEmpBnftPaidAmt04601185
IRS990/PYTotalExpensesAmt04632360
IRS990/PYTotalRevenueAmt03679309
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0135246
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0695486
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0189882
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0440051
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0629933
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04815277
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04332795
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1360005
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET OPEB LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04950523
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0"THIS IS A GOVERNMENTAL ENTERPRISE - FIN 48 DOES NOT APPLY."
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0189882
IRS990ScheduleD/TotalExpensesPerForm990Amt04815277
IRS990ScheduleD/TotalLiabilityAmt04692800
IRS990ScheduleD/TotalRevenuePerForm990Amt04950523
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04950523
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04815277
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOLS NON-DISCRIMINATION POLICY IS PUBLISHED ON THE SCHOOL'S WEBSITE AND IN PRINT ADVERTISING AND BROCHURES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECIEVES FUNDING THROUGH THE OHIO DEPARTMENT OF EDUCATION TO SUPPLEMENT EDUCATIONAL PROGRAMS AND TO PROVIDE ASSISTANCE TO STUDENTS IN NEED. ALL SUCH FUNDS RECEIVED HAVE BEEN REPORTED AS GOVERNMENT CONTRIBUTIONS ON FORM 990 PART VIII, LINE 1E.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL CONTRACTS WITH THE INSTITUTE FOR MANAGEMENT AND RESOURCES TO RUN THE DAY TO DAY OPERATIONS OF THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD ELECTS TO REMOVE MEMBERS AS NEEDED WITH APPROVAL FROM SPONSOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL TREASURER REVIEWS THE 990 AND SUMBITS IT TO THE BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT THE ANNUAL MEETING OF THE SCHOOL, EACH BOARD MEMBER IS REQUIRED TO FILL OUT THE DISCLOSURE POLICY FORM AND SUBMIT FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S DAY TO DAY OPERATING RECORDS ARE MAINTAINED BY THE EMO ON SITE AT THE SCHOOL. ALL LEGAL DOCUMENTS (POLICIES, BYLAWS, AND OTHER GOVERNING DOCUMENTS) ARE MAINTAINED BY THE SCHOOLS LEGAL COUNSEL. ALL FINANCIAL DOCUMENTS ARE MAINTAINED BY THE FISCAL OFFICER AND ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROFESSIONAL & TECHNICAL SERVICES: PROGRAM SERVICE EXPENSES 970,535. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 970,535.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0QUAKER PREPARATORY ACADEMY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0845113642
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION MANAGEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509A2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0400 MILL AVENUE SUITE 901
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW PHILADELPHIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd044663
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt08378
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt176989
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL EXPENDITURES
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ESTIMATE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0QUAKER PREPARATORY ACADEMY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1QUAKER PREPARATORY ACADEMY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05745021
IRS990/TotalAssetsEOYAmt05243600
IRS990/TotalAssetsGrp/BOYAmt05745021
IRS990/TotalAssetsGrp/EOYAmt05243600
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04283419
IRS990/TotalEmployeeCnt085
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04815277
IRS990/TotalFunctionalExpensesGrp/TotalAmt04815277
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07413461
IRS990/TotalLiabilitiesEOYAmt06776794
IRS990/TotalLiabilitiesGrp/BOYAmt07413461
IRS990/TotalLiabilitiesGrp/EOYAmt06776794
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1668440
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1533194
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04815277
IRS990/TotalProgramServiceRevenueAmt0666449
IRS990/TotalReportableCompFromOrgAmt05708
IRS990/TotalRevenueGrp/ExclusionAmt0-28382

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