ECONOMIC FUNDAMENTALS INITIATIVE INC

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Cite this

Plain text ECONOMIC FUNDAMENTALS INITIATIVE INC. furp.org, nonprofit organization profile, tax years 2019–2025. https://furp.org/org/economic-fundamentals-initiative-inc-833451365. Retrieved 2026-11-09.

APA furp.org. (n.d.). ECONOMIC FUNDAMENTALS INITIATIVE INC [Nonprofit organization profile; tax years 2019–2025]. Retrieved November 9, 2026, from https://furp.org/org/economic-fundamentals-initiative-inc-833451365

MLA “ECONOMIC FUNDAMENTALS INITIATIVE INC.” furp.org, tax years 2019–2025, https://furp.org/org/economic-fundamentals-initiative-inc-833451365. Accessed 9 Nov. 2026.

Retrieved 2026-11-09; covers tax years 2019–2025. Data: furp.org (index © the FURP Alliance; the records are public domain).

2025 · Form 990 · revenue $995K · expenses $1.5M · assets $1.8M

Also known as
INC
EIN
83-3451365
Address
110 JABEZ STREET STE 1060, NEWARK, NJ 07105-3105
Website
www.ecofun.org
NTEE code
A30 Media, Communications Organizations (Arts, Culture and Humanities) published (IRS Business Master File)
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
May 2020 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (public charity) Pub 78 ↗
Foundation status
Public charity supported by the public (170(b)(1)(a)(vi))
Cross-check
ProPublica Nonprofit Explorer

Mission

EFI works to expand access to high-quality economic and financial literacy education by supporting students , educators, professionals and institutions across the Western Balkans, Central Asia, South Caucasus and Ukraine.

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

2 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Randall Filer President2019-2025 $42,000$209,500 1
Eleanor Hammond (former) Secretary and Program Director2019-2021 $54,000$117,435 1

Officers and directors, no compensation reported

9 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Michael Markovitz Director2019-2025 1 $0 reported 1
Renita Easiyan Treasurer2025 1 $0 reported 1
Kathy Mone Director2025 1 $0 reported 1
Joe DiFiglia Chair2025 1 $0 reported 1
Ilir Hysa Director2025 1 $0 reported 1
Kalev Ruberg Director2025 1 $0 reported 1
Kesiah Nuttall-Crola CEO2025 1 $0 reported 1
Renita Esayian (former) TREASURER2019-2024 1 $0 reported 1
Kathleen Mone (former) BOARD MEMBER2019-2024 1 $0 reported 1

People by year

2025 · 8 people listed · 1 paid, $42K · 0 employees · 7 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Randall Filer President10 $42,000$0$0 $42,0001
Michael Markovitz Director1 $0$0$0 $01
Renita Easiyan Treasurer1 $0$0$0 $01
Kathy Mone Director1 $0$0$0 $01
Joe DiFiglia Chair1 $0$0$0 $01
Ilir Hysa Director1 $0$0$0 $01
Kalev Ruberg Director1 $0$0$0 $01
Kesiah Nuttall-Crola CEO1 $0$0$0 $01
2024 · 4 people listed · 1 paid, $42K · 0 employees · 3 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
RANDALL K FILER PRESIDENT10 $42,000$0$0 $42,0001
RENITA ESAYIAN TREASURER1 $0$0$0 $01
MICHAEL MARKOVITZ CHAIR1 $0$0$0 $01
KATHLEEN MONE BOARD MEMBER1 $0$0$0 $01
2023 · 4 people listed · 1 paid, $32K · 0 employees · 1 volunteer
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
RANDALL FILER PRESIDENT10 $31,500$0$0 $31,5001
RENITA ESAYIAN TREASURER1 $0$0$0 $01
MICHAEL MARKOVITZ CHAIR1 $0$0$0 $01
KATHLEEN MONE BOARD MEMBER1 $0$0$0 $01
2022 · 4 people listed · 1 paid, $24K · 0 employees · 1 volunteer
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
RANDALL FILER PRESIDENT5 $24,000$0$0 $24,0001
RENITA ESAYIAN TREASURER1 $0$0$0 $01
MICHAEL MARKOVITZ CHAIR1 $0$0$0 $01
KATHLEEN MONE BOARD MEMBER1 $0$0$0 $01
2021 · 5 people listed · 2 paid, $78K · 0 employees · 3 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Eleanor Hammond Secretary and Program Director20 $54,000$0$0 $54,0001
Randall K Filer President5 $24,000$0$0 $24,0001
Michael Markovitz Chair1 $0$0$0 $01
Renita Esayian Treasurer1 $0$0$0 $01
Kathleen Mone Board Member0 $0$0$0 $01
2020 · 5 people listed · 2 paid, $63K · 0 employees · 3 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Eleanor Hammond Secretary and Program Director20 $39,052$0$0 $39,0521
Randall K Filer President5 $24,000$0$0 $24,0001
Michael Markovitz Chair1 $0$0$0 $01
Renita Esayian Treasurer1 $0$0$0 $01
Kathleen Mone Board Member0 $0$0$0 $01
2019 · 5 people listed · 2 paid, $46K · 0 employees · 3 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Eleanor Hammond Secretary and Program Director20 $24,383$0$0 $24,3831
Randall K Filer President5 $22,000$0$0 $22,0001
Michael Markovitz Chair1 $0$0$0 $01
Renita Esayian Treasurer1 $0$0$0 $01
Kathleen Mone Board Member0 $0$0$0 $01

Highest-paid independent contractors

2020 · 1 contractor · $142K
NameLocationServicePaid
Annabelle Olivieri Munroe, PragueProject Management Services$141,700
2019 · 1 contractor · $112K
NameLocationServicePaid
Certell IncIndianapolis, INWebsite and app development$112,500

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2025 · Form 990 period ending 2025-12-31 · view filing · original 990 ↗
$994,935$1,513,978 $1,788,579$1,788,068 $890,906$0 $39,00007
2024 · Form 990 period ending 2024-12-31 · view filing · original 990 ↗
$1,280,709$1,459,735 $2,328,360$2,328,360 $1,128,846$0 $42,00003
2023 · Form 990 period ending 2023-12-31 · view filing · original 990 ↗
$1,175,003$1,095,501 $2,537,969$2,537,969 $1,137,381$0 $31,50001
2022 · Form 990 period ending 2022-12-31 · view filing · original 990 ↗
$1,265,569$877,736 $2,413,035$2,413,035 $1,265,569$0 $24,00001
2021 · Form 990 period ending 2021-12-31 · view filing · original 990 ↗
$1,255,000$710,234 $2,025,202$2,025,202 $1,255,000$0 $78,00003
2020 · Form 990 period ending 2020-12-31 · view filing · original 990 ↗
$1,250,000$620,185 $1,480,436$1,480,436 $1,250,000$0 $63,05203
2019 · Form 990 period ending 2019-12-31 · view filing · original 990 ↗
$1,250,000$399,379 $850,621$850,621 $1,250,000$0 $46,38303

Funders of this organization

4 grantors reported grants to this organization, $7,108,175 in all, tax years 2019 to 2025. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV

GrantorTotal givenGrantsLatest year's amountLatest yearYears givenTypeMatchGrants
DONORS TRUST INC $5,650,0006 $800,0002024 2020-2024 DAF sponsor Exact
show
CERGE-EI FOUNDATION $1,250,0001 $1,250,0002019 2019 Public charity Exact
show
ATLAS ECONOMIC RESEARCH FOUNDATION $108,1754 $40,0002025 2022-2025 Public charity Exact
show
VANGUARD CHARITABLE ENDOWMENT PROGRAM $100,0001 $100,0002023 2023 DAF sponsor Exact
show

Nearby + Similar BETA

Organizations like this one: what they do and who they are linked to

Same category: NTEE code and revenue

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. NTEE: the IRS’s code when it lists one, otherwise FURP’s inferred code. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
EMPRYEAN CANVAS INCNJA30 $754,111$97,657 Project Manager$100,000 Same NTEE code A30, revenue within 2x, same state
INDEPENDENT MEDIA INITIATIVE INCTXA30 $1,481,756$1,321,307 Chair, Executive Director$121,000 Same NTEE code A30, revenue within 2x
LOCAL REPORTING LAB INITIATIVE INCCOA30 $518,430$270,197 President$0 Same NTEE code A30, revenue within 2x
LONG BEACH JOURNALISM INITIATIVE INCCAA30 $708,824$794,891 CEO$102,050 Same NTEE code A30, revenue within 2x
ECONOMIC HARDSHIP REPORTING PROJECTNYA30 $1,095,275$939,534 Executive Dir.$194,911 Same NTEE code A30, revenue within 2x
DREAM DARE TO REVITALIZE EDUCATION THRU ARTS & MEDIATION INCNYA30 $888,369$675,924 CO-EXEC DIRE$100,456 Same NTEE code A30, revenue within 2x
FOUNDATION FOR CREATIVE BROADCASTING INCAZA30 $1,526,998$1,297,538 EXECUTIVE DIRECTOR$77,222 Same NTEE code A30, revenue within 2x
CENTER FOR COMMUNICATION INCNYA30 $847,581$964,769 EXECUTIVE DIRECTOR$250,000 Same NTEE code A30, revenue within 2x
The Center for Investigative Reporting IncCAA30 $533,200$978,325 Chief Operations Officer$48,310 Same NTEE code A30, revenue within 2x
PROJECT AMICUS INCFLA30 $734,480$530,623 Board of Director$0 Same NTEE code A30, revenue within 2x
CONCORD INDEPENDENT FOUNDATION INCMAA30 $941,297$839,270 CEO$103,846 Same NTEE code A30, revenue within 2x
CENTER FOR INTERNATIONAL TRAINING EDUCATION AND DEVELOPMENT INCILA30 $1,198,920$1,185,607 President$0 Same NTEE code A30, revenue within 2x
THE SOUTHERN DOCUMENTARY FUNDNCA30 $1,485,061$1,219,529 EXECUTIVE DIRECTOR$102,333 Same NTEE code A30, revenue within 2x
WEYMOUTH EDUCATIONAL TELECOMMUNICATORS CORPORATION INCMAA30 $659,082$840,863 DIRECTOR$0 Same NTEE code A30, revenue within 2x
THE ORGANIZATION FOR TRANSFORMATIVE WORKS INCNYA30 $877,181$598,748 PRESIDENT$0 Same NTEE code A30, revenue within 2x
WORLD MEDIA FOUNDATION INCMAA30 $837,908$897,696 President$170,000 Same NTEE code A30, revenue within 2x
BELMONT NEWS FOUNDATION INCMAA30 $658,712$444,887 SECRETARY$0 Same NTEE code A30, revenue within 2x
TRUSTING NEWS INCFLA30 $659,176$630,779 Secretary$187,318 Same NTEE code A30, revenue within 2x
INVESTIGATIVE POST INCNYA30 $531,029$522,999 Executive Director, Editor$89,691 Same NTEE code A30, revenue within 2x
YOU CAN DO IT FOUNDATIONAZA30 $501,813$392,862 EXECUTIVE DIRECTOR AND CO-FOUNDER$35,125 Same NTEE code A30, revenue within 2x
ENLACE LATINO NC INCNCA30 $1,507,693$1,488,725 EXECUTIVE DIRECTOR$95,000 Same NTEE code A30, revenue within 2x
ARIZONA CENTER FOR INVESTIGATIVE REPORTINGAZA30 $553,412$517,694 Executive Director and Editor$85,000 Same NTEE code A30, revenue within 2x
LATINO MEDIA COLLABORATIVECAA30 $1,324,039$2,028,679 President$169,750 Same NTEE code A30, revenue within 2x
FOUNDATION FOR MINORITY INTERESTS IN MEDIA INCNYA30 $1,574,229$2,013,741 CEO$265,856 Same NTEE code A30, revenue within 2x
WCCA INCMSA30 $1,605,746$1,584,261 PRESIDENT$0 Same NTEE code A30, revenue within 2x

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTotal givenGrantsOrganizations fundedTypeYearsWhich ones
JOHN D & CATHERINE T MACARTHUR FOUNDATION $10,983,50039 6Private foundation2010–2024 The Center for Investigative Reporting Inc; THE SOUTHERN DOCUMENTARY FUND; THE ALLIANCE FOR MEDIA ARTS - CULTURE INC; ENLACE LATINO NC INC and 2 more
FIDELITY INVESTMENTS CHARITABLE GIFT FUND $10,345,099140 42DAF sponsor2016–2024 The Center for Investigative Reporting Inc; UNBRIDLED THOROUGHBRED FOUNDATION; MOUNTAIN STATE SPOTLIGHT INC; ECONOMIC HARDSHIP REPORTING PROJECT and 38 more
FORD FOUNDATION $8,113,45738 10Private foundation2011–2024 The Center for Investigative Reporting Inc; WOMENS MEDIA CENTER; MOUNTAIN STATE SPOTLIGHT INC; ECONOMIC HARDSHIP REPORTING PROJECT and 6 more
SILICON VALLEY COMMUNITY FOUNDATION $6,012,79034 11DAF sponsor2010–2024 The Center for Investigative Reporting Inc; ECONOMIC HARDSHIP REPORTING PROJECT; MOUNTAIN STATE SPOTLIGHT INC; FRESNOLAND MEDIA and 7 more
UNITED WAY MIAMI INC $5,880,8101 1DAF sponsor2010–2010 WORDS OF PEACE INTERNATIONAL
DONOR ADVISED CHARITABLE GIVING $5,651,155122 37DAF sponsor2014–2024 WORDS OF PEACE INTERNATIONAL; The Center for Investigative Reporting Inc; SUSTAINABLE JOURNALISM FOUNDATION; FROM THE TOP INC and 33 more
THE MIAMI FOUNDATION INC $4,107,71698 23DAF sponsor2014–2025 COOPERATIVES FOR A BETTER WORLD; ARIZONA CENTER FOR INVESTIGATIVE REPORTING; INVESTIGATEWEST; OKLAHOMA WATCH INC and 19 more
BAYLOR UNIVERSITY $4,056,11516 1DAF sponsor2009–2024 BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION
ANDREW W MELLON FOUNDATION $3,971,00011 2Private foundation2017–2024 RHIZOME COMMUNICATIONS INC; SHIFT DESIGN INC
DEMOCRACY FUND INC $3,625,0007 4Private foundation2018–2024 The Center for Investigative Reporting Inc; BALTIMORE BEAT INC; FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC; ARIZONA CENTER FOR INVESTIGATIVE REPORTING
JACK KENT COOKE FOUNDATION $3,590,1007 1Private foundation2018–2024 FROM THE TOP INC
WILLIAM & FLORA HEWLETT FOUNDATION $3,012,00014 3Private foundation2010–2024 The Center for Investigative Reporting Inc; IMPACT GUILD INC; THEOREM MEDIA INC
NOVO FOUNDATION $2,694,00011 2Private foundation2013–2022 WOMENS MEDIA CENTER; THE SOUTHERN DOCUMENTARY FUND
NATIONAL CHRISTIAN CHARITABLE FOUNDATION $2,660,71337 6DAF sponsor2012–2024 MASTERMEDIA INTERNATIONAL; AMERICAN VALUES; THE SOUTHERN DOCUMENTARY FUND; OVERSEAS RADIO & TELEVISION INC and 2 more
TULSA COMMUNITY FOUNDATION $2,281,3507 4DAF sponsor2013–2024 OKLAHOMA WATCH INC; PRISON JOURNALISM PROJECT INCORPORATED; WOMENS MEDIA CENTER; SUSTAINABLE JOURNALISM FOUNDATION

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2025 · Form 990 · $1,513,978 spent · pay $39,000 · grants $554,221 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants outside the US $554,221$554,221-- 36.6%
Other (as described)Project Management $387,143$311,994-$75,149 25.6%
Fees: other services $283,250$221,899$56,780$4,571 18.7%
Travel $102,984$88,087$444$14,453 6.8%
Other (as described)Licenses & Permits $83,675$83,675-- 5.5%
Pay: officers, directors, trustees, key employees $39,000$30,553$7,818$629 2.6%
Other (as described)Miscellaneous $21,694$4,264$17,430- 1.4%
Fees: accounting $17,400-$17,400- 1.1%
Advertising and promotion $13,981--$13,981 0.9%
Information technology $6,634$2,149$4,329$156 0.4%
Fees: legal $2,280-$2,280- 0.2%
Insurance $1,716-$1,716- 0.1%
Total$1,513,978100%

View the filing

2024 · Form 990 · $1,459,735 spent · pay $299,257 · grants $597,510 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants outside the US $597,510$597,510-- 40.9%
Other (as described)PROJECT MANAGEMENT $361,238$361,238-- 24.7%
Other salaries and wages $257,257$235,129$22,128- 17.6%
Travel $149,370$112,027$37,343- 10.2%
Pay: officers, directors, trustees, key employees $42,000-$42,000- 2.9%
Other (as described)OTHER EXPENSES $20,084-$20,084- 1.4%
Fees: accounting $8,700-$8,700- 0.6%
Office expenses $5,706$239$5,467- 0.4%
Other (as described)OFFICE RENT $4,779-$4,779- 0.3%
Fees: other services $3,935-$3,935- 0.3%
Advertising and promotion $3,797-$3,797- 0.3%
Fees: legal $2,637-$2,637- 0.2%
Insurance $1,693-$1,693- 0.1%
Other (as described)MISCELLANEOUS $774-$774- 0.1%
All other expenses $255$255-- 0.0%
Total$1,459,735100%

View the filing

2023 · Form 990 · $1,095,501 spent · pay $305,534 · grants $387,881 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants outside the US $387,881$387,881-- 35.4%
Other salaries and wages $274,034$239,191$34,843- 25.0%
Other (as described)PROJECT MANAGEMENT $247,946$247,946-- 22.6%
Travel $63,991-$63,991- 5.8%
Other (as described)LICENSES & PERMITS $42,474$42,474-- 3.9%
Pay: officers, directors, trustees, key employees $31,500-$31,500- 2.9%
Advertising and promotion $13,120-$13,120- 1.2%
Office expenses $9,387$596$8,791- 0.9%
Fees: accounting $6,532-$6,532- 0.6%
Fees: other services $4,242-$4,242- 0.4%
Fees: legal $4,074-$4,074- 0.4%
Other (as described)OFFICE RENT $3,323-$3,323- 0.3%
Other (as described)OTHER EXPENSES $2,789-$2,789- 0.3%
All other expenses $2,597-$2,597- 0.2%
Insurance $1,611-$1,611- 0.1%
Total$1,095,501100%

View the filing

2022 · Form 990 · $877,736 spent · pay $333,784 · grants $220,315 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other salaries and wages $309,784$309,784-- 35.3%
Other (as described)PROJECT MANAGEMENT $253,992-$253,992- 28.9%
Grants outside the US $220,315$220,315-- 25.1%
Pay: officers, directors, trustees, key employees $24,000$24,000-- 2.7%
Travel $18,248$18,248-- 2.1%
Other (as described)OTHER EXPENSES $12,853-$12,853- 1.5%
Other (as described)EFI GRANTS $10,000$10,000-- 1.1%
Advertising and promotion $9,328-$9,328- 1.1%
Fees: accounting $7,529-$7,529- 0.9%
Office expenses $3,685$299$3,386- 0.4%
Other (as described)LICENSES & PERMITS $3,051$3,051-- 0.3%
Fees: other services $1,959$1,959-- 0.2%
Insurance $1,483-$1,483- 0.2%
All other expenses $1,210$1,210-- 0.1%
Fees: legal $299$299-- 0.0%
Total$877,736100%

View the filing

2021 · Form 990 · $710,234 spent · pay $78,000 · grants $165,243 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Fees: other services $251,083$251,083-- 35.4%
Fees: management $167,823$135,763$32,060- 23.6%
Grants outside the US $165,243$165,243-- 23.3%
Pay: officers, directors, trustees, key employees $78,000$55,200$22,800- 11.0%
All other expenses $12,885$10,063$2,822- 1.8%
Fees: accounting $11,160-$11,160- 1.6%
Travel $10,056$10,056-- 1.4%
Office expenses $8,549-$8,549- 1.2%
Information technology $4,030$4,030-- 0.6%
Insurance $1,405-$1,405- 0.2%
Total$710,234100%

View the filing

2020 · Form 990 · $620,185 spent · pay $63,052 · grants $76,152 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Fees: other services $255,829$255,829-- 41.3%
Fees: management $204,016$168,322$35,694- 32.9%
Grants outside the US $76,152$76,152-- 12.3%
Pay: officers, directors, trustees, key employees $63,052$43,241$19,811- 10.2%
Office expenses $8,214-$8,214- 1.3%
Fees: accounting $6,374-$6,374- 1.0%
Information technology $3,158$3,158-- 0.5%
All other expenses $2,060$62$1,998- 0.3%
Insurance $1,330-$1,330- 0.2%
Total$620,185100%

View the filing

2019 · Form 990 · $399,379 spent · pay $46,383 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Fees: other services $247,233$247,233-- 61.9%
Fees: management $94,920$57,900$37,020- 23.8%
Pay: officers, directors, trustees, key employees $46,383$11,000$35,383- 11.6%
Information technology $3,219$3,219-- 0.8%
All other expenses $3,022$3,022-- 0.8%
Office expenses $2,424-$2,424- 0.6%
Insurance $1,262-$1,262- 0.3%
Fees: accounting $726-$726- 0.2%
Interest $190-$190- 0.0%
Total$399,379100%

View the filing

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