Civic Intelligence

Anchorage Downtown Partnership Ltd

EIN 92-0157658 • 501(c)6 • Anchorage, AK

Profile

Our end goal is to help ensure that downtown anchorage is not only a place to build and sustain thriving local businesses, but also that it remains clean, safe, vital, and a world-class neighborhood that instills awe in visitors and pride in those lucky enough to call our city home.

425 C St Suite 102Anchorage, AK 99501

anchoragedowntown.org

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.68x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.48x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

49th percentile

3.9%

Higher net margin than 49% of similar nonprofits.

501(c)6 • $1M-$5M 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

79th percentile

18%

Faster asset growth than 79% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

5.2%

Faster revenue growth than 46% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$955,784

Up $146,024 (+18%) from 2023

Liabilities

Up

$654,632

Up $107,525 (+20%) from 2023

Net Assets

Up

$301,152

Up $38,499 (+15%) from 2023

Operations
Liabilities / Revenue81st percentileNet Margin49th percentile

Revenue

Up

$1,370,336

Up $67,333 (+5.2%) from 2023

Expenses

Up

$1,316,837

Up $44,984 (+3.5%) from 2023

Net Income

Up

$53,499

Up $22,349 (+72%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth79th percentile

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

$1.0M$500K$0Assets 2010: $938,748Liabilities 2010: $78,855Net Assets 2010: $859,8932010Assets 2011: $969,564Liabilities 2011: $73,144Net Assets 2011: $896,4202011Assets 2012: $922,711Liabilities 2012: $79,537Net Assets 2012: $843,1742012Assets 2013: $824,138Liabilities 2013: $44,779Net Assets 2013: $779,3592013Assets 2014: $809,941Liabilities 2014: $66,161Net Assets 2014: $743,7802014Assets 2015: $750,919Liabilities 2015: $140,788Net Assets 2015: $610,1312015Assets 2016: $795,141Liabilities 2016: $143,659Net Assets 2016: $651,4822016Assets 2017: $498,675Liabilities 2017: $221,099Net Assets 2017: $277,5762017Assets 2018: $248,412Liabilities 2018: $86,697Net Assets 2018: $161,7152018Assets 2019: $300,678Liabilities 2019: $110,144Net Assets 2019: $190,5342019Assets 2020: $574,077Liabilities 2020: $99,437Net Assets 2020: $474,6402020Assets 2021: $772,922Liabilities 2021: $302,633Net Assets 2021: $470,2892021Assets 2022: $383,560Liabilities 2022: $152,057Net Assets 2022: $231,5032022Assets 2023: $809,760Liabilities 2023: $547,107Net Assets 2023: $262,6532023Assets 2024: $955,784Liabilities 2024: $654,632Net Assets 2024: $301,1522024

Highlighted filing

2024

Assets$955,784
Liabilities$654,632
Net Assets$301,152
Open 2024 Filing

Operations Trend

Revenue Growth46th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,108,6662010Revenue 2011: $1,285,972Expenses 2011: $1,262,928Net Income 2011: $23,0442011Revenue 2012: $1,259,148Expenses 2012: $1,312,394Net Income 2012: -$53,2462012Revenue 2013: $1,325,107Expenses 2013: $1,388,922Net Income 2013: -$63,8152013Revenue 2014: $1,354,785Expenses 2014: $1,420,906Net Income 2014: -$66,1212014Revenue 2015: $1,574,794Expenses 2015: $1,708,443Net Income 2015: -$133,6492015Revenue 2016: $1,697,235Expenses 2016: $1,655,884Net Income 2016: $41,3512016Revenue 2017: $1,679,750Expenses 2017: $2,054,236Net Income 2017: -$374,4862017Revenue 2018: $1,568,530Expenses 2018: $1,688,005Net Income 2018: -$119,4752018Revenue 2019: $1,451,043Expenses 2019: $1,422,224Net Income 2019: $28,8192019Revenue 2020: $1,804,899Expenses 2020: $1,520,793Net Income 2020: $284,1062020Revenue 2021: $1,315,586Expenses 2021: $1,347,520Net Income 2021: -$31,9342021Revenue 2022: $1,469,853Expenses 2022: $1,568,567Net Income 2022: -$98,7142022Revenue 2023: $1,303,003Expenses 2023: $1,271,853Net Income 2023: $31,1502023Revenue 2024: $1,370,336Expenses 2024: $1,316,837Net Income 2024: $53,4992024

Highlighted filing

2024

Revenue$1,370,336
Expenses$1,316,837
Net Income$53,499
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$955,784
Liabilities
$654,632
Net assets
$301,152
Revenue
$1,370,336
Expenses
$1,316,837
Net income
$53,499
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.96$0.65$0.30$1.37$1.32$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.81$0.55$0.26$1.30$1.27$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.38$0.15$0.23$1.47$1.57$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.77$0.30$0.47$1.32$1.35$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.57$0.10$0.47$1.80$1.52$0.28
2019Detailed filing. Detailed filing data is available for this year.$0.30$0.11$0.19$1.45$1.42$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.25$0.09$0.16$1.57$1.69$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.22$0.28$1.68$2.05$0.37
2016Detailed filing. Detailed filing data is available for this year.$0.80$0.14$0.65$1.70$1.66$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.75$0.14$0.61$1.57$1.71$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.81$0.07$0.74$1.35$1.42$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.82$0.04$0.78$1.33$1.39$0.06
2012Summary only. Only limited summary data is available for this year.$0.92$0.08$0.84$1.26$1.31$0.05
2011Summary only. Only limited summary data is available for this year.$0.97$0.07$0.90$1.29$1.26$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.08$0.86$1.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 13, 2025
Return Version
2024v5.0
Gross Receipts
$1,418,426
Mission and Program Overview

Mission

To increase cleanliness, occupancy rates, investment values and lease income, to decrease crime, and to generally stimulate development and improve the quality of life in downtown anchorage.

Our end goal is to help ensure that downtown anchorage is not only a place to build and sustain thriving local businesses, but also that it remains clean, safe, vital, and a world-class neighborhood that instills awe in visitors and pride in those lucky enough to call our city home.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$732,364$651,636▼ $80,728
Cash and Non-Interest-Bearing Accounts$36,822$108,890▲ $72,068
Prepaid Expenses and Deferred Charges$25,918$22,676▼ $3,242
Land, Buildings, and Equipment, Net-$19,810-
Accounts Receivable$2,618$13,058▲ $10,440
Total Assets$809,760$955,784▲ $146,024
Other Assets Total$12,038$139,714▲ $127,676
Liabilities
Other Liabilities$358,497$527,978▲ $169,481
Accounts Payable and Accrued Expenses$88,610$126,654▲ $38,044
Deferred Revenue$100,000--
Total Liabilities$547,107$654,632▲ $107,525
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$262,653$301,152▲ $38,499
Total Net Assets Fund Balance$262,653$301,152▲ $38,499
Total Liabilities and Net Assets / Fund Balance$809,760$955,784▲ $146,024

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$19,810$1,651$21,461
Other Assets Org$2,132--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Radhika KrishnaExecutive DiFT$119,415$12,363$131,778

Board Members and Trustees

NameTitle
Larry MichaelChair
Michelle KloudaPast Chair
Mark BegichPolicy Chair
Eric RitnerVice Chair 1
Danielle BailyVice Chair 2
Brad EricksonDirector
Carissa GilliamDirector
Cyrus AldemanDirector
John GregoireDirector
Justin MiletteDirector
Katherine JernstromDirector
Matthew SamuelDirector
Scott WoodlandDirector
Emily MclaughlinAt Large
Laile FairbairnAt Large
Christy TerrySecretary
Erik TaylorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,336,888
Program Service Revenue
$20,480
Investment Income
$6,231
Other Revenue
$6,737
All Other Contributions
$60,015
Change in Net Assets
$53,499
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$984,298
Other Expenses$332,539
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$663,562--$663,562
Current Officers, Directors, Trustees, and Key Employees$131,778--$131,778
Other Employee Benefits$101,835--$101,835
Insurance$80,832--$80,832
Payroll Taxes$78,498--$78,498
Occupancy$71,174--$71,174
Fees for Services Accounting$68,442--$68,442
Office Expenses$40,805--$40,805
Fees for Services Other$18,388--$18,388
Advertising$11,196--$11,196
Pension Plan Contributions$8,625--$8,625
Conferences and Meetings$8,317--$8,317
Depreciation Depletion$7,725--$7,725
Travel$3,466--$3,466
Information Technology$2,100--$2,100
Other Expenses$177--$177
Fees for Services Legal$55--$55
Total Functional Expenses$1,316,837$0$0$1,316,837
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due To/from Related Organization$382,671
Operating Lease Obligations$145,307
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
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, Page 6, Part VI, Line 6

“As a 501(c)(6) organization, we have members paying dues, in return, members have a voice in board representation by electing our governing board.”

Form 990, Page 6, Part VI, Line 7A

“As a 501(c)(6) organization, we have members paying dues, in return, members have a voice in board representation by electing our governing board.”

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

“Form 990 is reviewed by our contracted accountants, our executive director, our board of directors finance committee, and our board of directors.”

Form 990, Page 6, Part VI, Line 12C

“Annual statements identifying potential conflicts of interest or lack thereof are required of all members of the board of directors. If a conflict is identified, the board of directors discusses the potential conflict and votes on whether the director in question may participate in any board actions pertaining to the potential conflict. Board members are required to declare conflicts as they arise, throughout the year, as well as during the first meeting of the year.”

Form 990, Page 6, Part VI, Line 15A

“The executive director's compensation is determined by the board of directors, or a committee delegated such authority by the board of directors. Compensation is determined to be fair and competitive based on the foraker group's annual salary and benefit survey, the budget of the organization, and the practicies of similar organizations.”

Form 990, Page 6, Part VI, Line 19

“Documents are published on our website or available upon request.”

Filing and Contact Details

Filer

Filer Name
Anchorage Downtown Partnership Ltd
EIN
92-0157658
Phone
9072795650
Address
425 C ST SUITE 102, ANCHORAGE, AK 99501

Signing Officer

Name
Radhika Krishna
Title
Executive Director
Phone
9072795650
Signed
2025-08-13

Organization Details

Principal Officer
Radhika Krishna
Formed
1997
Legal Domicile
Ak
Voting Board Members
19
Independent Board Members
19
Employees
51
Volunteers
18

Preparer

Firm
Foster and Company LLC
Address
2801 E PALMER WASILLA HWY, WASILLA, AK 99654-7339
Preparer
Michael Foster
Phone
9072905555
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Our end goal is to help ensure that downtown anchorage is not only a place to build and sustain thriving local businesses, but also that it remains clean, safe, vital, and a world-class neighborhood that instills awe in visitors and pride in those lucky enough to call our city home.”

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

“ALL OTHER PROGRAMS.”

Raw XML AppendixShowing 400 of 516 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm11BRAD ERICKSON
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN GREGOIRE
IRS990/Form990PartVIISectionAGrp/PersonNm13CARISSA GILLIAM
IRS990/Form990PartVIISectionAGrp/PersonNm14JUSTIN MILETTE
IRS990/Form990PartVIISectionAGrp/PersonNm15CYRUS ALDEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm16SCOTT WOODLAND
IRS990/Form990PartVIISectionAGrp/PersonNm17MATTHEW SAMUEL
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IRS990/Form990PartVIISectionAGrp/TitleTxt2PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR 1
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR 2
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7POLICY CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt9AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
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IRS990/MissionDesc0OUR END GOAL IS TO HELP ENSURE THAT DOWNTOWN ANCHORAGE IS NOT ONLY A PLACE TO BUILD AND SUSTAIN THRIVING LOCAL BUSINESSES, BUT ALSO THAT IT REMAINS CLEAN, SAFE, VITAL, AND A WORLD-CLASS NEIGHBORHOOD THAT INSTILLS AWE IN VISITORS AND PRIDE IN THOSE LUCKY ENOUGH TO CALL OUR CITY HOME.
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IRS990/PrincipalOfficerNm0RADHIKA KRISHNA
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IRS990/ProgramServiceRevenueGrp/Desc0CLEAN & SAFE PROGRAM
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IRS990/ProgSrvcAccomActy2Grp/Desc0SAFE: ADP'S SAFE AMBASSADORS WALK EVERY BLOCK OF DOWNTOWN EVERY DAY, REFERRING THOSE IN NEED TO EMERGENCY SERVICES, AND ENSURING THE WELFARE OF ALL THOSE USING PUBLIC SPACES DOWNTOWN.
IRS990/ProgSrvcAccomActy3Grp/Desc0VITAL: ADP ORGANIZES MANY OF DOWNTOWN'S SIGNATURE EVENTS, INCLUDING NEW YEAR'S EVE, SUMMER CONCERTS, AND SUMMER SOLSTICE; IN 2024, ADP HOSTED 72 DOWNTOWN EVENTS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ALL OTHER PROGRAMS.
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING LEASE RIGHT OF USE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO/FROM RELATED ORGANIZATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OPERATING LEASE OBLIGATIONS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR END GOAL IS TO HELP ENSURE THAT DOWNTOWN ANCHORAGE IS NOT ONLY A PLACE TO BUILD AND SUSTAIN THRIVING LOCAL BUSINESSES, BUT ALSO THAT IT REMAINS CLEAN, SAFE, VITAL, AND A WORLD-CLASS NEIGHBORHOOD THAT INSTILLS AWE IN VISITORS AND PRIDE IN THOSE LUCKY ENOUGH TO CALL OUR CITY HOME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL OTHER PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AS A 501(C)(6) ORGANIZATION, WE HAVE MEMBERS PAYING DUES, IN RETURN, MEMBERS HAVE A VOICE IN BOARD REPRESENTATION BY ELECTING OUR GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AS A 501(C)(6) ORGANIZATION, WE HAVE MEMBERS PAYING DUES, IN RETURN, MEMBERS HAVE A VOICE IN BOARD REPRESENTATION BY ELECTING OUR GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS REVIEWED BY OUR CONTRACTED ACCOUNTANTS, OUR EXECUTIVE DIRECTOR, OUR BOARD OF DIRECTORS FINANCE COMMITTEE, AND OUR BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANNUAL STATEMENTS IDENTIFYING POTENTIAL CONFLICTS OF INTEREST OR LACK THEREOF ARE REQUIRED OF ALL MEMBERS OF THE BOARD OF DIRECTORS. IF A CONFLICT IS IDENTIFIED, THE BOARD OF DIRECTORS DISCUSSES THE POTENTIAL CONFLICT AND VOTES ON WHETHER THE DIRECTOR IN QUESTION MAY PARTICIPATE IN ANY BOARD ACTIONS PERTAINING TO THE POTENTIAL CONFLICT. BOARD MEMBERS ARE REQUIRED TO DECLARE CONFLICTS AS THEY ARISE, THROUGHOUT THE YEAR, AS WELL AS DURING THE FIRST MEETING OF THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS, OR A COMMITTEE DELEGATED SUCH AUTHORITY BY THE BOARD OF DIRECTORS. COMPENSATION IS DETERMINED TO BE FAIR AND COMPETITIVE BASED ON THE FORAKER GROUP'S ANNUAL SALARY AND BENEFIT SURVEY, THE BUDGET OF THE ORGANIZATION, AND THE PRACTICIES OF SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DOCUMENTS ARE PUBLISHED ON OUR WEBSITE OR AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ADP DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1ADP COMMUNITY SERVICES

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