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        <ReturnReference>SCHEDULE D, PAGE 3, PART X</ReturnReference>
        <Explanation>THE ORGANIZATION ADHERES TO FINANCIAL STATEMENT RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. EXAMPLES OF TAX POSITIONS THE ORGANIZATION HAS TAKEN INCLUDE ITS TAX-EXEMPT STATUS AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM TAX POSITIONS ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON SETTLEMENT. AUTHORITATIVE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY ON INCOME TAXES ALSO ADDRESSES DE- RECOGNITION, CLASSIFICATION, INTEREST, AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. AT JUNE 30, 2011 AND 2010, THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES.</Explanation>
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        <Identifier>RELATED PARTY INFORMATION AMONG OFFICERS</Identifier>
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        <Explanation>RICHARD AMUNDSON RICHARD NICHOLSON BUSINESS RELATIONSHIP</Explanation>
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      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
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        <Explanation>THE BOARD OF DIRECTORS HAS BEEN INSTRUCTED ON ITS DUTY TO AVOID CONFLICTS OF INTEREST. BOARD MINUTES REFLECT DISCUSSIONS OF POTENTIAL CONFLICTS OF INTEREST AND THEIR RESOLUTION. BOARD MEMBERS WHO ARE PARTIES TO CONFLICTS DO NOT PARTAKE IN DISCUSSIONS OR VOTE ON MATTERS RELATED TO CONFLICTS.</Explanation>
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        <Explanation>COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY AN INDEPENDENT REVIEW OF COMPENSATION DATA FROM COMPARATIVE ORGANIZATIONS AND IS DOCUMENTED IN THE BOARD OF DIRECTORS' MEETING MINUTES.</Explanation>
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        <Explanation>NO OTHER DIRECTORS OR OFFICERS ARE COMPENSATED IN THEIR CAPACITY AS SUCH.</Explanation>
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        <Explanation>FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST.</Explanation>
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