2017-05-15T20:23:55-07:00 2016-06-30 952242818 VICENTI LLOYD & STUTZMAN 2210 E ROUTE 66 STE 100 GLENDORA CA 917404676 990 2015-07-01 951664113 RANCHO SANTA ANA BOTANIC GARDEN RANC 9096258767 1500 N COLLEGE AVENUE CLAREMONT CA 91711 LUCINDA A MCDADE EXECUTIVE DIRECTOR 9096258767 2017-05-11 true DERRICK DEBRUYNE CPA P00591016 6268577300 2017-05-15 2015 2021-01-29 14:40:06Z LUCINDA A MCDADE 1500 N COLLEGE AVE CLAREMONT CA 91711 10917698 false X WWW.RSABG.COM X 1976 CA THE PROMOTION OF BOTANY, CONSERVATION, AND HORTICULTURE TO INSPIRE, INFORM AND EDUCATE THE PUBLIC AND SCIENTIFIC COMMUNITY ABOUT CALIFORNIA'S NATIVE FLORA 12 12 93 195 0 1602863 1164130 910884 1072239 723046 1212132 344109 355250 3580902 3803751 0 0 3219440 3249318 0 403664 1597557 1682651 4816997 4931969 -1236095 -1128218 29255701 26795912 856836 1033341 28398865 25762571 X RANCHO SANTA ANA BOTANIC GARDEN PROMOTES BOTANY, CONSERVATION, AND HORTICULTURE TO INSPRIRE, INFORM AND EDUCATE THE PUBLIC AND SCIENTIFIC COMMUNITY ABOUT CALIFORNIA'S NATIVE FLORA. THE GARDEN IS DEVOTED TO THE COLLECTION, CULTIVATION, STUDY, AND DISPLAY OF NATIVE CALIFORNIA PLANTS AND TO GRADUATE TRAINING AND RESEARCH IN PLANT SYSTEMATICS AND EVOLUTION. THROUGH ALL ITS PROGRAMS, THE GARDEN MAKES SIGNIFICANT CONTRIBUTIONS TO THE APPRECIATION, ENJOYMENT, UNDERSTANDING, AND THOUGHTFUL UTILIZATION OF OUR NATURAL HERITAGE. false false 1819328 686968 RESEARCH, LIBRARY AND HERBARIUM: THE ORGANIZATION MAINTAINS A COMPREHENSIVE LIVING COLLECTION OF CALIFORNIA NATIVE PLANTS, AN EXTENSIVE DRIED SPECIMEN COLLECTION IN THE HERBARIUM, AND A WIDE-RANGING COLLECTION OF BOTANY VOLUMES HELD IN ITS LIBRARY. NO COST HAS BEEN CAPITALIZED FOR THESE COLLECTIONS AS IT IS IMPRACTICAL TO DETERMINE THEIR VALUE DUE TO THE LARGE NUMBER OF ITEMS AND THE LONG SPAN OF YEARS IT HAS TAKEN TO CREATE THE COLLECTIONS. IN ADDITION, CAPITALIZING COLLECTIONS CONDTRADICTS STANDARDS OF COLLECTIONS STEWARDSHIP AND IS COUNTER TO THE ETHICAL STANDARDS SET FORTH BY THE MUSEUM FIELD. LIBRARY AND ARCHIVE - THE RESEARCH LIBRARY CONTAINS APPROXIMATELY 48,000 VOLUMES AND 750 CURRENT JOURNALS AND PERIODICALS. ACQUISITIONS INCREASE YEARLY AND INCLUDE BOUND JOURNALS AND PERIODICALS. THE LIBRARY ALSO HOUSES THE ARCHIVES WHICH INCLUDE THE MARCUS JONES ARCHIVES AND COLLECTION, AS WELL AS THE SAMUEL PARISH COLLECTIONS; BOTH MEN WERE LOCAL BOTANISTS IN THE LATE 19H CENTURY. HERBARIUM - THE COMBINED HERBARIUM OF RANCHO SANTA ANA BOTANIC GARDEN IS ABOUT THE TENTH LARGEST IN THE UNITED STATES AND THE THIRD LARGEST IN THE WESTERN UNITED STATES, WITH CURRENT HOLDINGS TOTALING OVER 1,100,000 SPECIMENS REPRESENTING PLANT DIVERSITY WORLDWIDE AND WITH SUPERLATIVE STRENGTHS IN HOLDING OF PLANTS FROM CALIFORNIA AND OTHER MEDITERRANEAN CLIMATE REGIONS. 755263 HORTICULTURE - LIVING PLANT COLLECTIONS: LIVING COLLECTION - THE LIVING COLLECTION CONTRIBUTES TO THE RESEARCH AND CONSERVATION MISSION OF THE GARDEN. THROUGH PUBLIC HORTICULTURE, THE LIVING COLLECTION ALSO PROMOTES THE THOUGHTFUL UTILIZATION OF OUR NATURAL HERITAGE. THE LIVING COLLECTION COVERS 86 ACRES HOUSING OVER 2,500 ACCESSIONS OF PLANTS NATIVE TO CALIFORNIA AND BAJA. THOSE ACCESSIONS REPRESENT 1,400 TAXA, DIFFERENT KINDS OF PLANTS, INCLUDING 900 SPECIES. SEED CONSERVATION PROGRAM - THE PRIMARY FUNCTION OF RANCHO SANTA ANA BOTANIC GARDEN'S SEED PROGRAM IS THE CURATION AND MANAGEMENT OF THE GARDEN'S EXTENSIVE SEED COLLECTION. THE COLLECTION IS COMPRISED OF OVER 4,000 ACCESSIONS REPRESENTING MORE THAN 1,600 CALIFORNIA NATIVE PLANT SPECIES AND CULTIVARS. 658383 263538 VISITOR SERVICES IN PROMOTION OF SERVICES DESCRIBED IN STATEMENTS ONE AND TWO 375198 83136 GRADUATE EDUCATION & COMMUNITY EDUCATION 375198 83136 3608172 true true false false false false false true false true true false false false true false true false false false false false false false true false false false false true false false false true false true false false true false false false false false false false false true 29 0 93 true false false false false false true true false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false CA X X KRISTINE CROSBY 9096258767 1500 N COLLEGE AVE CLAREMONT CA 91711 THOMAS C BRAYTON CHAIR 1.00 X X 0 0 0 DAVID BECKER BOARD MEMBER 1.00 X 0 0 0 ART BRAEGER BOARD MEMBER 1.00 X 0 0 0 PETER BRYANT BOARD MEMBER 1.00 X 0 0 0 ELIN DOWD BOARD MEMBER 1.00 X 0 0 0 RUSSEL FAUCETT BOARD MEMBER 1.00 X 0 0 0 EDWARD LANDRY BOARD MEMBER 1.00 X 0 0 0 JIM MCCLINTOCK BOARD MEMBER 1.00 X 0 0 0 MARY PERERA BOARD MEMBER 1.00 X 0 0 0 PEGGY SEARS PERRY BOARD MEMBER 1.00 X 0 0 0 MARSHALL W TAYLOR BOARD MEMBER 1.00 X 0 0 0 ROBERT TENER BOARD MEMBER 1.00 X 0 0 0 LUCINDA A MCDADE EXECUTIVE DI 40.00 X 154479 0 5207 ANN SCOTT-PUTNEY DIRECTOR OF 40.00 X 103537 0 0 KRISTINE CROSBY DIRECTOR OF 40.00 X 94205 0 0 352221 5207 2 false true false 181856 67004 299931 615339 47400 1164130 CONTRACT INCOME 806633 806633 ADMISSION FEES & OTHER 175864 175864 EDUCATION-CLASSES 47034 47034 ALL OTHER PROGRAM SERV. REV 39017 39017 LAB INCOME 3691 3691 1072239 940233 940233 79547 79547 79547 79547 7237092 6964701 492 272391 -492 271899 271899 62960 67004 82752 -19792 -19792 361497 66002 295495 295495 3803751 1367734 1271887 358299 358299 2135663 1855706 60247 219710 569145 332465 223522 13158 186211 132655 36085 17471 29986 24738 3998 1250 50851 50851 153414 97076 15709 40629 102917 35361 15162 52394 251871 205548 24799 21524 35955 27464 7184 1307 296534 249632 37372 9530 84513 67920 5920 10673 17039 16299 295 445 2762 2762 175919 132368 42551 1000 47630 35365 8934 3331 STIPENDS & FELLOWSHIPS 209554 209554 EQUIPMENT RENTAL MAINT 108872 119059 -17749 7562 FEES 65249 36000 29249 OTHER EXPENSES 49585 30962 14943 3680 4931969 3608172 920133 403664 865388 732208 193777 343874 42691 154578 63837 55307 7130416 5588252 1576355 1542164 25981680 23203221 531973 764560 29255701 26795912 822036 893184 5000 114757 34800 20400 856836 1033341 X 21717077 19063827 1413291 1401498 5268497 5297246 28398865 25762571 29255701 26795912 -1128218 -1508079 3 X false true true false X 1640198 2208563 1391446 1602863 1164130 8007200 1640198 2208563 1391446 1602863 1164130 8007200 10575 7996625 923903 710754 618332 639826 1019780 3912595 1953 543 2496 11922291 1433736 0.67070 0.66980 X PART II, LINE 10 MISCELLANEOUS 2,496 SUPPLEMENTAL INFORMATION EXPLANATION FOR OTHER INCOME 2011 AMOUNT: 1,953 2012 AMOUNT: 543 2013 AMOUNT: 0 2014 AMOUNT: 0 2015 AMOUNT: 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X true 5218497 34250 4905208 322221 -8932 4855400 29301 20507 4752586 88033 14781 4730988 20865 733 false false 203628 203628 5818216 4685724 1132492 894871 688827 206044 213701 213701 1542164 UNEARNED OIL, GAS & MINERAL LEASE 20400 20400 2444430 -1508079 148758 -1359321 3803751 3803751 5080724 148755 148755 4931969 4931969 SCHEDULE D, PAGE 2, PART III, LINE 4 THE ORGANIZATION MAINTAINS A COMPREHENSIVE LIVING COLLECTION OF CALIFORNIAN NATIVE PLANTS, AN EXTENSIVE DRIED SPECIMEN COLLECTION IN THE HERBARIUM, AND A WIDE-RANGING COLLECTION OF BOTANY VOLUMES HELD IN ITS LIBRARY. NO COST HAS BEEN CAPITALIZED FOR THESE COLLECTIONS AS IT IS IMPRACTICAL TO DETERMINE THEIR VALUE DUE TO THE LARGE NUMBER OF ITEMS AND THE LONG SPAN OF YEARS IT HAS TAKEN TO CREATE THE COLLECTIONS. IN ADDITION, CAPITALIZING COLLECTIONS CONTRADICTS STANDARDS OF COLLECTIONS STEWARDSHIP AND IS COUNTER TO THE ETHICAL STANDARDS SET FORTH BY THE MUSEUM FIELD. RESEARCH, LIBRARY AND HERBARIUM: LIBRARY AND ARCHIVE - THE RESEARCH LIBRARY CONTAINS APPROXIMATELY 48,000 VOLUMES AND 750 CURRENT JOURNALS AND PERIODICALS. ACQUISITIONS INCREASE YEARLY AND INCLUDE BOUND JOURNALS AND PERIODICALS. THE LIBRARY ALSO HOUSES THE ARCHIVES WHICH INCLUDE THE MARCUS JONES ARCHIVES AND COLLECTION, AS WELL AS THE SAMUEL PARISH COLLECTIONS; BOTH MEN WERE LOCAL BOTANISTS IN THE LATE 19H CENTURY. HERBARIUM - THE COMBINED HERBARIUM OF RANCHO SANTA ANA BOTANIC GARDEN IS ABOUT THE TENTH LARGEST IN THE UNITED STATES AND THE THIRD LARGEST IN THE WESTERN UNITED STATES, WITH CURRENT HOLDINGS TOTALING OVER 1,100,000 SPECIMENS REPRESENTING PLANT DIVERSITY WORLDWIDE AND WITH SUPERLATIVE STRENGTHS IN HOLDING OF PLANTS FROM CALIFORNIA AND OTHER MEDITERRANEAN CLIMATE REGIONS. HORTICULTURE - LIVING PLANT COLLECTIONS: LIVING COLLECTION - THE LIVING COLLECTION CONTRIBUTES TO THE RESEARCH AND CONSERVATION MISSION OF THE GARDEN. THROUGH PUBLIC HORTICULTURE, THE LIVING COLLECTION ALSO PROMOTES THE THOUGHTFUL UTILIZATION OF OUR NATURAL HERITAGE. THE LIVING COLLECTION COVERS 86 ACRES HOUSING OVER 2,500 ACCESSIONS OF PLANTS NATIVE TO CALIFORNIA AND BAJA. THOSE ACCESSIONS REPRESENT 1,400 TAXA, DIFFERENT KINDS OF PLANTS, INCLUDING 900 SPECIES. SEED CONSERVATION PROGRAM - THE PRIMARY FUNCTION OF RANCHO SANTA ANA BOTANIC GARDEN'S SEED PROGRAM IS THE CURATION AND MANAGEMENT OF THE GARDEN'S EXTENSIVE SEED COLLECTION. THE COLLECTION IS COMPRISED OF OVER 4,000 ACCESSIONS REPRESENTING MORE THAN 1,600 CALIFORNIA NATIVE PLANT SPECIES AND CULTIVARS. PART V, LINE 4 THE ORGANIZATION'S ENDOWMENTS CONSISTED OF THE INITIAL ENDOWMENT RECEIVED IN 1934, WHICH PROVIDES ONGOING SUPPORT FOR THE ORGANIZATION, AND ENDOWMENT FUNDS RECEIVED IN SUBSEQUENT YEARS. THE NET ASSETS ASSOCIATED WITH THE ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENSE OF DONOR-IMPOSED RESTRICTIONS. THE BOARD OF TRUSTEES OF THE ORGANIZATION HAS INTERPRETED THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT ("UPMIFA") AS REQUIRING THE PRESERVATION OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR- RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE ORGANIZATION CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF THE GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF THE SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE ORGANIZATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY UPMIFA. IN ACCORDANCE WITH UPMIFA, THE FOLLOWING FACTORS ARE TO BE CONSIDERED IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE ENDOWMENT FUNDS: - THE DURATION AND PRESERVATION OF THE FUND - THE PURPOSE OF THE ORGANIZATION AND THE DONOR-RESTRICTED ENDOWMENT FUND - GENERAL ECONOMIC CONDITIONS - THE POSSIBLE EFFECT OF INFLATION AND DEFLATION - THE EXPECTED TOTAL RETURN FROM INCOME AND APPRECIATION OF INVESTMENTS - OTHER RESOURCES OF THE ORGANIZATION - THE INVESTMENT POLICIES OF THE ORGANIZATION SCHEDULE D, PAGE 4, PART XI, LINE 2D FUNDRAISING EVENT EXPENSES INCLUDED IN PART VII LINE 8(B) 82,752 COST OF GOODS SOLD INCLUDED IN PART VII LINE 10(B) 66,002 ROUNDING 4 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUNDRAISING EVENT EXPENSES INCLUDED IN PART VII LINE 8(B) 82,752 COST OF GOODS SOLD INCLUDED IN PART VII LINE 10(B) 66,002 ROUNDING 1 SCHEDULE D, PAGE 4, PART XIII PART X, LINE 2: AS REQUIRED BY US GAAP, THE ORGANIZATION HAS IDENTIFIED AND EVALUATED ITS SIGNIFICANT TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAIN OPEN AND HAS DETERMINED THAT THERE IS NO MATERIAL UNRECOGNIZED BENEFIT OR LIABILITY TO BE RECORDED. THE OPEN TAX YEARS ARE THE YEARS ENDED JUNE 30, 2013 THROUGH JUNE 30, 2016 FOR FEDERAL AND THE YEARS ENDED JUNE 30, 2012 THROUGH JUNE 30, 2016 FOR CALIFORNIA TAX PURPOSES. THERE HAVE BEEN NO MATERIAL CHANGES IN UNRECOGNIZED BENEFITS AS OF JUNE 30, 2016, NOR ARE ANY MATERIAL CHNAGES ANTICIPATED IN THE TWELVE MONTHS FOLLOWING JUNE 30, 2016. THERE HAVE BEEN NO RELATED TAX PENALITIES OR INTEREST, WHICH WOULD BE CLASSIFIED AS A TAX EXPENSE IN THE STATEMENT OF ACTIVITIES. GARDEN WITH A V 129964 67004 62960 17148 26202 750 38652 129964 67004 62960 17148 26202 750 38652 82752 -19792 X X X X false false false false false false false false false LUCINDA A MCDADE EXECUTIVE DIRECTOR 154479 5207 159686 LUCINDA MCDADE OFFICER TRUCK DOWN PAYMENT X 5000 5000 false true true 5000 ART BRAEGER BOARD MEMBER 12566 CONSTRUCTION SERV false SCHEDULE L, PART V SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: A) NAME OF THE PERSON: ART BRAEGER B) DESCRIPTION OF THE TRANSACTION: RSAGB CONTRACTED FOR CONSTRUCTION SERVICES OF A COMPANY OWNED BY A TRUSTEE. SERVICES WE PROVIDED AT MARKET RATES. C) AMOUNT OF THE TRANSACTION: 12,566 X 1 12320 X 2 22500 X 6 1350 X AUCTION ITEMS 84 3555 X SUPPLIES/EQUIP 14 7675 false false false FORM 990 - ORGANIZATION'S MISSION RANCHO SANTA ANA BOTANIC GARDEN PROMOTES BOTANY, CONSERVATION, AND HORTICULTURE TO INSPRIRE, INFORM AND EDUCATE THE PUBLIC AND SCIENTIFIC COMMUNITY ABOUT CALIFORNIA'S NATIVE FLORA. THE GARDEN IS DEVOTED TO THE COLLECTION, CULTIVATION, STUDY, AND DISPLAY OF NATIVE CALIFORNIA PLANTS AND TO GRADUATE TRAINING AND RESEARCH IN PLANT SYSTEMATICS AND EVOLUTION. THROUGH ALL ITS PROGRAMS, THE GARDEN MAKES SIGNIFICANT CONTRIBUTIONS TO THE APPRECIATION, ENJOYMENT, UNDERSTANDING, AND THOUGHTFUL UTILIZATION OF OUR NATURAL HERITAGE. FORM 990, PAGE 2, PART III, LINE 4A LIBRARY AND ARCHIVE - THE RESEARCH LIBRARY CONTAINS APPROXIMATELY 48,000 VOLUMES AND 750 CURRENT JOURNALS AND PERIODICALS. ACQUISITIONS INCREASE YEARLY AND INCLUDE BOUND JOURNALS AND PERIODICALS. THE LIBRARY ALSO HOUSES THE ARCHIVES WHICH INCLUDE THE MARCUS JONES ARCHIVES AND COLLECTION, AS WELL AS THE SAMUEL PARISH COLLECTIONS; BOTH MEN WERE LOCAL BOTANISTS IN THE LATE 19H CENTURY. HERBARIUM - THE COMBINED HERBARIUM OF RANCHO SANTA ANA BOTANIC GARDEN IS ABOUT THE TENTH LARGEST IN THE UNITED STATES AND THE THIRD LARGEST IN THE WESTERN UNITED STATES, WITH CURRENT HOLDINGS TOTALING OVER 1,100,000 SPECIMENS REPRESENTING PLANT DIVERSITY WORLDWIDE AND WITH SUPERLATIVE STRENGTHS IN HOLDING OF PLANTS FROM CALIFORNIA AND OTHER MEDITERRANEAN CLIMATE REGIONS. FORM 990, PAGE 2, PART III, LINE 4B BOTANIC GARDEN'S SEED PROGRAM IS THE CURATION AND MANAGEMENT OF THE GARDEN'S EXTENSIVE SEED COLLECTION. THE COLLECTION IS COMPRISED OF OVER 4,000 ACCESSIONS REPRESENTING MORE THAN 1,600 CALIFORNIA NATIVE PLANT SPECIES AND CULTIVARS. FORM 990, PAGE 2, PART III, LINE 4D GRADUATE EDUCATION & COMMUNITY EDUCATION FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 WAS REVIEWED BY THE DIRECTOR OF FINANCE AND THE EXECUTIVE DIRECOTR. A COPY OF FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING THE FORM. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS ANNUALLY REVIEWED AND RATIFIED BY THE ENTIRE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR BOTH THE EXECUTIVE DIRECTOR AND THE DIRECTOR OF FINANCE WAS DETERMINED BY THE BOARD OF TRUSTEES FROM INFORMATION RECEIVED VIA REVIEWING OTHER COMPARABLE ORGANIZATIONS' SALARY PER FORM 990, AND VIA PUBLISHED COMPENSATION STUDIES. THE CFO COMMENCED EMPLOYMENT IN JULY 2008, AT WHICH TIME THE ABOVE PROCESS WAS COMPLETED. THE EXECUTIVE DIRECTOR WAS NEWLY APPOINTED TO THE POSITION OF EXECUTIVE DIRECTOR IN NOVEMBER 2012, SUBJECT TO A THREE YEAR EMPLOYMENT AGREEMENT, EFFECTIVE JUNE 2013. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR BOTH THE EXECUTIVE DIRECTOR AND THE DIRECTOR OF FINANCE WAS DETERMINED BY THE BOARD OF TRUSTEES FROM INFORMATION RECEIVED VIA REVIEWING OTHER COMPARABLE ORGANIZATIONS' SALARY PER FORM 990, AND VIA PUBLISHED COMPENSATION STUDIES. THE CFO COMMENCED EMPLOYMENT IN JULY 2008, AT WHICH TIME THE ABOVE PROCESS WAS COMPLETED. THE EXECUTIVE DIRECTOR WAS NEWLY APPOINTED TO THE POSITION OF EXECUTIVE DIRECTOR IN NOVEMBER 2012, SUBJECT TO A THREE YEAR EMPLOYMENT AGREEMENT, EFFECTIVE JUNE 2013. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FORM 990, PART XI, LINE 9 FUNDRAISING EVENT EXPENSES INCLUDED IN PART VII LINE 8(B) 82,752 COST OF GOODS SOLD INCLUDED IN PART VII LINE 10(B) 66,002 ROUNDING 4 FUNDRAISING EVENT EXPENSES INCLUDED IN PART VII LINE 8(B) -82,752 COST OF GOODS SOLD INCLUDED IN PART VII LINE 10(B) -66,002 ROUNDING -1 TOTAL 3