Civic Intelligence

Graduate Business Curriculum

EIN 84-1506702 • 501(c)3 • Minneapolis, MN

Profile

The graduate business curriculum roundtable is a global association of business schools whose mission is to advance graduate management education through curricular and co-curricular innovation.

1225 Lasalle Avenue Suite 804Minneapolis, MN 55403

www.gbcroundtable.org

Siviq Scores

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

Liabilities / Assets

85th percentile

0.28x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.18x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

42nd percentile

-1.1%

Higher net margin than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

82nd percentile

32%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

43rd percentile

-7.0%

Faster revenue growth than 43% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$214,416

Up $51,473 (+32%) from 2023

Liabilities

Up

$59,915

Up $55,165 (+1161%) from 2023

Net Assets

Down

$154,501

Down $3,692 (-2.3%) from 2023

Revenue

Down

$329,336

Down $24,644 (-7.0%) from 2023

Expenses

Down

$333,028

Down $32,802 (-9.0%) from 2023

Net Income

Up

-$3,692

Up $8,158 (+69%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $41,777Liabilities 2010: $33,010Net Assets 2010: $8,7672010Assets 2011: $88,026Liabilities 2011: $15,198Net Assets 2011: $72,8282011Assets 2012: $112,797Liabilities 2012: $29,771Net Assets 2012: $83,0262012Assets 2013: $84,299Liabilities 2013: $7,600Net Assets 2013: $76,6992013Assets 2014: $92,291Liabilities 2014: $3,250Net Assets 2014: $89,0412014Assets 2015: $122,618Liabilities 2015: $4,150Net Assets 2015: $118,4682015Assets 2016: $155,036Liabilities 2016: $33,665Net Assets 2016: $121,3712016Assets 2017: $164,555Liabilities 2017: $23,740Net Assets 2017: $140,8152017Assets 2018: $189,686Liabilities 2018: $0Net Assets 2018: $189,6862018Assets 2019: $189,092Liabilities 2019: $3,546Net Assets 2019: $185,5462019Assets 2020: $146,158Liabilities 2020: $3,703Net Assets 2020: $142,4552020Assets 2021: $160,990Liabilities 2021: $3,697Net Assets 2021: $157,2932021Assets 2022: $174,094Liabilities 2022: $4,051Net Assets 2022: $170,0432022Assets 2023: $162,943Liabilities 2023: $4,750Net Assets 2023: $158,1932023Assets 2024: $214,416Liabilities 2024: $59,915Net Assets 2024: $154,5012024

Highlighted filing

2024

Assets$214,416
Liabilities$59,915
Net Assets$154,501

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $144,330Expenses 2010: $140,881Net Income 2010: $3,4492010Revenue 2011: $170,280Expenses 2011: $137,180Net Income 2011: $33,1002011Revenue 2012: $167,354Expenses 2012: $157,156Net Income 2012: $10,1982012Revenue 2013: $204,058Expenses 2013: $210,385Net Income 2013: -$6,3272013Revenue 2014: $202,262Expenses 2014: $189,920Net Income 2014: $12,3422014Revenue 2015: $219,760Expenses 2015: $190,333Net Income 2015: $29,4272015Revenue 2016: $199,361Expenses 2016: $196,465Net Income 2016: $2,8962016Revenue 2017: $238,929Expenses 2017: $213,184Net Income 2017: $25,7452017Revenue 2018: $253,264Expenses 2018: $208,907Net Income 2018: $44,3572018Revenue 2019: $223,769Expenses 2019: $218,093Net Income 2019: $5,6762019Revenue 2020: $156,979Expenses 2020: $200,070Net Income 2020: -$43,0912020Revenue 2021: $257,301Expenses 2021: $242,463Net Income 2021: $14,8382021Revenue 2022: $267,698Expenses 2022: $254,948Net Income 2022: $12,7502022Revenue 2023: $353,980Expenses 2023: $365,830Net Income 2023: -$11,8502023Revenue 2024: $329,336Expenses 2024: $333,028Net Income 2024: -$3,6922024

Highlighted filing

2024

Revenue$329,336
Expenses$333,028
Net Income-$3,692

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.14$0.60$1.55$3.29$3.33$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.63$0.05$1.58$3.54$3.66$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.74$0.04$1.70$2.68$2.55$0.13
2021Detailed filing. Detailed filing data is available for this year.$1.61$0.04$1.57$2.57$2.42$0.15
2020Detailed filing. Detailed filing data is available for this year.$1.46$0.04$1.42$1.57$2.00$0.43
2019Detailed filing. Detailed filing data is available for this year.$1.89$0.04$1.86$2.24$2.18$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$2.53$2.09$0.44
2017Detailed filing. Detailed filing data is available for this year.$1.65$0.24$1.41$2.39$2.13$0.26
2016Detailed filing. Detailed filing data is available for this year.$1.55$0.34$1.21$1.99$1.96$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.23$0.04$1.18$2.20$1.90$0.29
2014Detailed filing. Detailed filing data is available for this year.$0.92$0.03$0.89$2.02$1.90$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.84$0.08$0.77$2.04$2.10$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.30$0.83$1.67$1.57$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.15$0.73$1.70$1.37$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.33$0.09$1.44$1.41$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.0
Gross Receipts
$329,336
Mission and Program Overview

Mission

The graduate business curriculum roundtable is a global association of business schools whose mission is to advance graduate management education through curricular and co-curricular innovation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$111,832$162,812▲ $50,980
Savings and Temporary Cash Investments$50,296$51,071▲ $775
Land, Buildings, and Equipment, Net$746$533▼ $213
Intangible Assets$69--
Total Assets$162,943$214,416▲ $51,473
Liabilities
Accounts Payable and Accrued Expenses$4,750$59,915▲ $55,165
Total Liabilities$4,750$59,915▲ $55,165
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$158,193$154,501▼ $3,692
Total Net Assets Fund Balance$158,193$154,501▼ $3,692
Total Liabilities and Net Assets / Fund Balance$162,943$214,416▲ $51,473

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$533$533$1,066
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeff BieganekExecutive DiFT$134,925$134,925

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$328,560
Investment Income
$776
Other Revenue
$0
Change in Net Assets
$-3,692
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$182,624
Salaries, Compensation, and Employee Benefits$150,404
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$128,179$6,746-$134,925
Conferences and Meetings$56,890$300-$57,190
Office Expenses$3,876$31,392-$35,268
Fees for Services Other$23,061$1,140-$24,201
Payroll Taxes$9,884$520-$10,404
Other Expenses$10,000--$10,000
Travel$2,411$5,447-$7,858
Advertising$5,873--$5,873
Other Employee Benefits$4,821$254-$5,075
Fees for Services Accounting-$2,642-$2,642
Fees for Services Legal-$2,310-$2,310
Depreciation Depletion-$282-$282
Total Functional Expenses$281,995$51,033$0$333,028
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization provides services to member mba and specialized masters programs. The members have no control over the board of directors, management, or governance.

Form 990, Page 6, Part VI, Line 11B

The form 990 was reviewed by the executive director, board chair, and the board treasurer prior to filing.

Form 990, Page 6, Part VI, Line 19

Copies of the organization's governing documents may be requested by contacting the office.

Filing and Contact Details

Filer

Filer Name
Graduate Business Curriculum
EIN
84-1506702
Phone
8447846227
Address
1225 LASALLE AVENUE SUITE 804, MINNEAPOLIS, MN 55403

Signing Officer

Name
Michael Maier
Title
Treasurer
Phone
6106164593
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Bieganek
Formed
1999
Legal Domicile
Mn
Voting Board Members
14
Independent Board Members
14
Employees
1
Volunteers
14

Preparer

Firm
Kayen & Liepmann Pc
Address
PO BOX 1, NORWICH, VT 05055-0001
Preparer
Suzanna K Liepmann
Phone
8026491689
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Symposium in 2024, the graduate business curriculum roundtable (roundtable) continued to deliver their annual curricular innovation symposium, their premiere annual event, in partnership with the pmba/omba consortium at the questrom school of management at boston university from october 15-18, 2024. As part of this partnership, the roundtable takes on primary responsibility for all marketing, administration and delivery of content for the event. The symposium's theme, the power of business for good in an uncertain world: the role of graduate business education, attracted over 250 participants consisting of member and non-member schools along with our affiliate sponsors. At one point we had over 50 potential attendees on a waitlist, and would have had more attendees if it were not for space limitations at boston university.

Form 990, Page 2, Part III, Line 4B

Workshops and forums prior to our 2024 symposium, the roundtable delivered its workshop, empowering business education: integrative experiential learning workshop on october 15, 2024 at boston university's questrom school of management. We had 29 registrants attend the workshop. The graduate business curriculum roundtable served in an advisory capacity and delivered content for breakout sessions for the annual leadership conference in partnership with the graduate management admission council (gmac) in january 2024. This is an ongoing partnership. To expand its reach the roundtable maintains partnerships with gmac, executive mba council, forte, part-time mba affiliate group, the association to advance collegiate schools of business, leaders of experiential project-based education, mba career services council and the european foundation for management development.

Form 990, Page 2, Part III, Line 4C

Research initiatives in 2024, the roundtable was active with four major research initiatives. In early 2024, the roundtable completed a membership survey with over 60 respondents providing insightful data on current and future programming. The second research initiative was around the topic of curriculum review and management. This research began with a survey of over 120 business schools on their curriculum review processes, which was then followed by 33 in-person interviews completed by our partner, hardcastle & associates, leading to the extremely well-received report, being the changemaker: successfully navigating mba design improvements and innovation. In the fall, as part of the 2024 symposium the roundtable supported the annual state of the pmba/omba industry survey with results being delivered at the symposium. Finally in november, we launched our biennial curriculum benchmarking survey which will release results in the spring of 2025.

Form 990, Page 2, Part III, Line 4D

Membership and mentor programs the roundtable continued to expand its membership engagement and professional development opportunities. We relaunched our peer mentor program with a partnership with mentor collective providing mentorship programing for over 50 participants. The roundtable delivered 9 webinars with over 400 attendees and launched its first membership virtual learning community around the topic of ai in the business school curriculum.

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IRS990/MissionDesc0THE GRADUATE BUSINESS CURRICULUM ROUNDTABLE IS A GLOBAL ASSOCIATION OF BUSINESS SCHOOLS WHOSE MISSION IS TO ADVANCE GRADUATE MANAGEMENT EDUCATION THROUGH CURRICULAR AND CO-CURRICULAR INNOVATION.
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IRS990/OtherExpensesGrp/Desc0RESEARCH & SURVEYS
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IRS990/ProgSrvcAccomActy2Grp/Desc0WORKSHOPS AND FORUMS PRIOR TO OUR 2024 SYMPOSIUM, THE ROUNDTABLE DELIVERED ITS WORKSHOP, EMPOWERING BUSINESS EDUCATION: INTEGRATIVE EXPERIENTIAL LEARNING WORKSHOP ON OCTOBER 15, 2024 AT BOSTON UNIVERSITY'S QUESTROM SCHOOL OF MANAGEMENT. WE HAD 29 REGISTRANTS ATTEND THE WORKSHOP. THE GRADUATE BUSINESS CURRICULUM ROUNDTABLE SERVED IN AN ADVISORY CAPACITY AND DELIVERED CONTENT FOR BREAKOUT SESSIONS FOR THE ANNUAL LEADERSHIP CONFERENCE IN PARTNERSHIP WITH THE GRADUATE MANAGEMENT ADMISSION COUNCIL (GMAC) IN JANUARY 2024. THIS IS AN ONGOING PARTNERSHIP. TO EXPAND ITS REACH THE ROUNDTABLE MAINTAINS PARTNERSHIPS WITH GMAC, EXECUTIVE MBA COUNCIL, FORTE, PART-TIME MBA AFFILIATE GROUP, THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS, LEADERS OF EXPERIENTIAL PROJECT-BASED EDUCATION, MBA CAREER SERVICES COUNCIL AND THE EUROPEAN FOUNDATION FOR MANAGEMENT DEVELOPMENT.
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IRS990/ProgSrvcAccomActy3Grp/Desc0RESEARCH INITIATIVES IN 2024, THE ROUNDTABLE WAS ACTIVE WITH FOUR MAJOR RESEARCH INITIATIVES. IN EARLY 2024, THE ROUNDTABLE COMPLETED A MEMBERSHIP SURVEY WITH OVER 60 RESPONDENTS PROVIDING INSIGHTFUL DATA ON CURRENT AND FUTURE PROGRAMMING. THE SECOND RESEARCH INITIATIVE WAS AROUND THE TOPIC OF CURRICULUM REVIEW AND MANAGEMENT. THIS RESEARCH BEGAN WITH A SURVEY OF OVER 120 BUSINESS SCHOOLS ON THEIR CURRICULUM REVIEW PROCESSES, WHICH WAS THEN FOLLOWED BY 33 IN-PERSON INTERVIEWS COMPLETED BY OUR PARTNER, HARDCASTLE & ASSOCIATES, LEADING TO THE EXTREMELY WELL-RECEIVED REPORT, BEING THE CHANGEMAKER: SUCCESSFULLY NAVIGATING MBA DESIGN IMPROVEMENTS AND INNOVATION. IN THE FALL, AS PART OF THE 2024 SYMPOSIUM THE ROUNDTABLE SUPPORTED THE ANNUAL STATE OF THE PMBA/OMBA INDUSTRY SURVEY WITH RESULTS BEING DELIVERED AT THE SYMPOSIUM. FINALLY IN NOVEMBER, WE LAUNCHED OUR BIENNIAL CURRICULUM BENCHMARKING SURVEY WHICH WILL RELEASE RESULTS IN THE SPRING OF 2025.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0MEMBERSHIP AND MENTOR PROGRAMS THE ROUNDTABLE CONTINUED TO EXPAND ITS MEMBERSHIP ENGAGEMENT AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES. WE RELAUNCHED OUR PEER MENTOR PROGRAM WITH A PARTNERSHIP WITH MENTOR COLLECTIVE PROVIDING MENTORSHIP PROGRAMING FOR OVER 50 PARTICIPANTS. THE ROUNDTABLE DELIVERED 9 WEBINARS WITH OVER 400 ATTENDEES AND LAUNCHED ITS FIRST MEMBERSHIP VIRTUAL LEARNING COMMUNITY AROUND THE TOPIC OF AI IN THE BUSINESS SCHOOL CURRICULUM.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SYMPOSIUM IN 2024, THE GRADUATE BUSINESS CURRICULUM ROUNDTABLE (ROUNDTABLE) CONTINUED TO DELIVER THEIR ANNUAL CURRICULAR INNOVATION SYMPOSIUM, THEIR PREMIERE ANNUAL EVENT, IN PARTNERSHIP WITH THE PMBA/OMBA CONSORTIUM AT THE QUESTROM SCHOOL OF MANAGEMENT AT BOSTON UNIVERSITY FROM OCTOBER 15-18, 2024. AS PART OF THIS PARTNERSHIP, THE ROUNDTABLE TAKES ON PRIMARY RESPONSIBILITY FOR ALL MARKETING, ADMINISTRATION AND DELIVERY OF CONTENT FOR THE EVENT. THE SYMPOSIUM'S THEME, THE POWER OF BUSINESS FOR GOOD IN AN UNCERTAIN WORLD: THE ROLE OF GRADUATE BUSINESS EDUCATION, ATTRACTED OVER 250 PARTICIPANTS CONSISTING OF MEMBER AND NON-MEMBER SCHOOLS ALONG WITH OUR AFFILIATE SPONSORS. AT ONE POINT WE HAD OVER 50 POTENTIAL ATTENDEES ON A WAITLIST, AND WOULD HAVE HAD MORE ATTENDEES IF IT WERE NOT FOR SPACE LIMITATIONS AT BOSTON UNIVERSITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WORKSHOPS AND FORUMS PRIOR TO OUR 2024 SYMPOSIUM, THE ROUNDTABLE DELIVERED ITS WORKSHOP, EMPOWERING BUSINESS EDUCATION: INTEGRATIVE EXPERIENTIAL LEARNING WORKSHOP ON OCTOBER 15, 2024 AT BOSTON UNIVERSITY'S QUESTROM SCHOOL OF MANAGEMENT. WE HAD 29 REGISTRANTS ATTEND THE WORKSHOP. THE GRADUATE BUSINESS CURRICULUM ROUNDTABLE SERVED IN AN ADVISORY CAPACITY AND DELIVERED CONTENT FOR BREAKOUT SESSIONS FOR THE ANNUAL LEADERSHIP CONFERENCE IN PARTNERSHIP WITH THE GRADUATE MANAGEMENT ADMISSION COUNCIL (GMAC) IN JANUARY 2024. THIS IS AN ONGOING PARTNERSHIP. TO EXPAND ITS REACH THE ROUNDTABLE MAINTAINS PARTNERSHIPS WITH GMAC, EXECUTIVE MBA COUNCIL, FORTE, PART-TIME MBA AFFILIATE GROUP, THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS, LEADERS OF EXPERIENTIAL PROJECT-BASED EDUCATION, MBA CAREER SERVICES COUNCIL AND THE EUROPEAN FOUNDATION FOR MANAGEMENT DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RESEARCH INITIATIVES IN 2024, THE ROUNDTABLE WAS ACTIVE WITH FOUR MAJOR RESEARCH INITIATIVES. IN EARLY 2024, THE ROUNDTABLE COMPLETED A MEMBERSHIP SURVEY WITH OVER 60 RESPONDENTS PROVIDING INSIGHTFUL DATA ON CURRENT AND FUTURE PROGRAMMING. THE SECOND RESEARCH INITIATIVE WAS AROUND THE TOPIC OF CURRICULUM REVIEW AND MANAGEMENT. THIS RESEARCH BEGAN WITH A SURVEY OF OVER 120 BUSINESS SCHOOLS ON THEIR CURRICULUM REVIEW PROCESSES, WHICH WAS THEN FOLLOWED BY 33 IN-PERSON INTERVIEWS COMPLETED BY OUR PARTNER, HARDCASTLE & ASSOCIATES, LEADING TO THE EXTREMELY WELL-RECEIVED REPORT, BEING THE CHANGEMAKER: SUCCESSFULLY NAVIGATING MBA DESIGN IMPROVEMENTS AND INNOVATION. IN THE FALL, AS PART OF THE 2024 SYMPOSIUM THE ROUNDTABLE SUPPORTED THE ANNUAL STATE OF THE PMBA/OMBA INDUSTRY SURVEY WITH RESULTS BEING DELIVERED AT THE SYMPOSIUM. FINALLY IN NOVEMBER, WE LAUNCHED OUR BIENNIAL CURRICULUM BENCHMARKING SURVEY WHICH WILL RELEASE RESULTS IN THE SPRING OF 2025.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERSHIP AND MENTOR PROGRAMS THE ROUNDTABLE CONTINUED TO EXPAND ITS MEMBERSHIP ENGAGEMENT AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES. WE RELAUNCHED OUR PEER MENTOR PROGRAM WITH A PARTNERSHIP WITH MENTOR COLLECTIVE PROVIDING MENTORSHIP PROGRAMING FOR OVER 50 PARTICIPANTS. THE ROUNDTABLE DELIVERED 9 WEBINARS WITH OVER 400 ATTENDEES AND LAUNCHED ITS FIRST MEMBERSHIP VIRTUAL LEARNING COMMUNITY AROUND THE TOPIC OF AI IN THE BUSINESS SCHOOL CURRICULUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION PROVIDES SERVICES TO MEMBER MBA AND SPECIALIZED MASTERS PROGRAMS. THE MEMBERS HAVE NO CONTROL OVER THE BOARD OF DIRECTORS, MANAGEMENT, OR GOVERNANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FORM 990 WAS REVIEWED BY THE EXECUTIVE DIRECTOR, BOARD CHAIR, AND THE BOARD TREASURER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS MAY BE REQUESTED BY CONTACTING THE OFFICE.
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