Nonprofit · EIN 80-0340923
MARINE CORPS ASSOCIATION FOUNDATION
Tax-exempt · QUANTICO, VA 22134
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,685,536 | $3,064,854 | -$379,318 | $1,409,155 | $642,917 | $766,238 |
| December 31, 2024 | 990 | $2,830,616 | $2,755,109 | $75,507 | $1,159,428 | $109,169 | $1,050,259 |
| December 31, 2023 | 990 | $2,381,346 | $2,227,339 | $154,007 | $1,079,874 | $108,721 | $971,153 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,654,137
- Program service revenue
- $6,391
- Investment income
- $33,119
- Net gain from sales of assets
- $11,673
- Net income from fundraising events
- -$8,111
- Other revenue
- -$8,111
Expenses
- Grants and similar amounts paid
- $987,871
- Compensation of officers, directors and key employees
- $65,170
- Other salaries and wages
- $400,056
- Salaries, compensation and benefits (total)
- $525,023
- Professional fundraising fees
- $96,000
- Accounting fees
- $9,629
- Occupancy
- $4,282
- Travel
- $63,352
- Depreciation
- $254
- Program services (functional)
- $1,992,565
- Management and general (functional)
- $170,945
- Fundraising (functional)
- $901,344
Balance sheet and other
- Total assets, start of year
- $1,159,428
- Total assets, end of year
- $1,409,155
- Total liabilities, end of year
- $642,917
- Net assets, end of year
- $766,238
- Land, buildings and equipment
- $2,279
- Publicly traded securities
- $802,437
- Net assets without donor restrictions
- $450,591
- Net assets with donor restrictions
- $315,647
- Gross receipts
- $2,834,552
- Employees
- 0
- Volunteers
- 22
- Year formed
- 2009
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LTGEN CHARLES CHIAROTTI | USMC (RET), PRESIDENT & CEO Trustee or director, Officer | 6 | $46,619 | $264,173 | $15,500 |
| COL CHRISTOPHER WOODBRIDGEUSMCRET | VP OF PUBLISHING & PROFESSIONAL DEV. Highest-paid employee | 4 | $16,539 | $148,853 | $8,226 |
| LEEANN MITCHELL | VP EVENTS SPONSORSHIP & ADVERTISING Highest-paid employee | 4 | $15,464 | $139,168 | $14,460 |
| ANGELA HILLMAN | CHIEF FINANCIAL OFFICER Officer | 4 | $15,501 | $139,508 | $7,250 |
| COL TIM MUNDY USMC RET | VP MARINE CORPS ASSN. FOUNDATION Highest-paid employee | 36 | $135,794 | $15,100 | $7,795 |
| LTCOL MICHAEL ARMISTEAD USMC RET | VP MEMBERSHIP, MARKETING & SUPPORT Highest-paid employee | 4 | $10,622 | $133,377 | $7,473 |
| LTCOL MARTA SULLIVAN USMC RET | VP MARINE AND SPOUSE PROGRAMS Highest-paid employee | 4 | $11,352 | $130,549 | $6,750 |
| LTGEN MARK BRILAKIS USMC RET | CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JAY S HOLMES USMC VET | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| BRYAN H WOOD SES RET | GENERAL COUNSEL Trustee or director, Officer | 2 | $0 | $0 | $0 |
| COL RICHARD T BRADY USMC RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| LTGEN JOHN J BROADMEADOW | USMC (RET), BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| COL ERIC CHASE USMC RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MAJ MISTY COOK USMC RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MAJ THOMAS CRAIG USMC RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM T EICHHORN USMC VET | DIRECTOR Trustee or director | 2 | $0 |
| COL CHRISTOPHER ESCAMILLA | USMC (RET), DIRECTOR Trustee or director | 2 | $0 |
| DR SUSAN JOHNSTON | DIRECTOR Trustee or director | 2 | $0 |
| MAJGEN JAMES KESSLER | USMC (RET), BOARD MEMBER Trustee or director | 2 | $0 |
| COL ROBERT LOVE USMC RET | DIRECTOR Trustee or director | 2 | $0 |
| MAJGEN MICHAEL MARTIN | USMC (RET), DIRECTOR Trustee or director | 2 | $0 |
| COL CHRISTOPHER PATTON | USMC (RET), DIRECTOR Trustee or director | 2 | $0 |
| COL JOHN M REED USMC RET | BOARD MEMBER Trustee or director | 2 | $0 |
| LTCOL JEFF SPEIGHTS USMC RET | DIRECTOR Trustee or director | 2 | $0 |
| COL ANDREW O STARR USMC RET | BOARD MEMBER Trustee or director | 2 | $0 |
| MICHAEL A STOCKER | DIRECTOR Trustee or director | 2 | $0 |
| MAJGEN THOMAS WEIDLEY | USMC (RET), DIRECTOR Trustee or director | 2 | $0 |
| ARIANA WHITTEMORE SES RET | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 26 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LTGEN CHARLES CHIAROTTI | USMC (RET), PRESIDENT & CEO Trustee or director, Officer | 5.5 | $43,619 | $247,173 | $14,673 |
| COL CHRISTOPHER WOODBRIDGEUSMCRET | VP OF PUBLISHING & PROFESSIONAL DEV. Highest-paid employee | 4 | $16,502 | $148,514 | $9,899 |
| LEEANN MITCHELL | VP EVENTS SPONSORSHIP & ADVERTISING Highest-paid employee | 4 | $15,163 | $136,462 | $13,483 |
| COL TIM MUNDY USMC RET | VP MARINE CORPS ASSN. FOUNDATION Highest-paid employee | 36 | $129,995 | $14,444 | $8,960 |
| ANGELA HILLMAN | CHIEF FINANCIAL OFFICER Officer | 4 | $14,233 | $128,093 | $8,214 |
| LTGEN JOHN A TOOLAN USMC RET | CHAIR OF THE BOARD Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JAY S HOLMES USMC VET | VICE CHAIR OF THE BOARD Trustee or director, Officer | 2 | $0 | $0 | $0 |
| BRYAN H WOOD SES RET | GENERAL COUNSEL Trustee or director, Officer | 2 | $0 | $0 | $0 |
| COL RICHARD T BRADY USMC RET | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| LTGEN MARK BRILAKIS USMC RET | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| LTGEN JOHN J BROADMEADOW | USMC (RET), BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| COL ERIC CHASE USMC RET | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| MAJ THOMAS CRAIG USMC RET | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| LTCOL CHRISTOPHER J DAVIS | USMC (RET), BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| WILLIAM T EICHHORN USMC VET | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| COL CHRISTOPHER ESCAMILLA | USMC (RET), BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| DR SUSAN JOHNSTON | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| MAJGEN JAMES KESSLER | USMC (RET), BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| COL ROBERT LOVE USMC RET | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| MICHAEL MARTZ USMC VET | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| COL JOHN M REED USMC RET | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| LTCOL JEFF SPEIGHTS USMC RET | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| COL ANDREW O STARR USMC RET | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| MICHAEL A STOCKER | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| COL EMILY SWAIN USMC RET | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| ARIANA WHITTEMORE SES RET | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 29 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LTGEN CHARLES CHIAROTTI USMC RET | PRESIDENT & CEO Officer | 5.5 | $25,000 | $252,292 | $14,209 |
| COL CHRISTOPHER WOODBRIDGE USMC RET | PUBLISHER AND EDITOR OF THE MARINE CORPS GAZETTE Highest-paid employee | 4 | $14,687 | $145,356 | $9,680 |
| LEEANN MITCHELL | VP OF EVENTS OF ADVERTISING Highest-paid employee | 4 | $13,681 | $137,605 | $9,167 |
| COL TIM MUNDY USMC RET | VP OF FOUNDATION OPERATIONS Highest-paid employee | 36 | $123,823 | $17,400 | $8,908 |
| ANGELA HILLMAN | DIRECTOR OF FINANCE Officer | 4 | $12,500 | $122,637 | $7,650 |
| LTGEN JOHN TOOLAN USMC RET | CHAIR OF THE BOARD Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JAY HOLMES | VICE CHAIR OF THE BOARD Trustee or director, Officer | 2 | $0 | $0 | $0 |
| BRYAN WOOD | GENERAL COUNSEL Trustee or director, Officer | 2 | $0 | $0 | $0 |
| LTCOL CHRIS DAVIS USMC RET | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| MR WILLIAM TIMOTHY EICHORN | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| COL BOB LOVE USMCRRET | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| MR MICHAEL MARTZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| TIM O'HARA | BOARD MEMBER UNTIL MAY 2023 Trustee or director | 2 | $0 | $0 | $0 |
| COL EMILY SWAIN USMC RET | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| LTGEN MARK A BRILAKIS | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| MAJGEN CRAIG CRENSHAW | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| SGTMAJ ROBIN C FORTNER | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| LTCOL WENDY GARRITY | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| MAGGEN JAMES KESSLER | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| SGTMAJ GARY SMITH | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| LTCOL JEFF SPEIGHTS | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| DR SUSAN JOHNSTON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MAJ THOMAS CRAIG USMC RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MAJGEN JON GALLENETTI USMC RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| COL HENRY HENEGAR III USMCR | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| COL JOHN REED USMC RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| COL ANDREW STARR USMC RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MR MICHAEL STOCKER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| LTGEN RICHARD ZILMER USMC RET | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 715 BROADWAY ST, QUANTICO, VA 22134-5176
- Principal officer (990 for 2025)
- LTGEN CHARLES CHIAROTTI, 715 BROADWAY STREET, QUANTICO, VA 22134
- Signed the 990
- LTGEN CHARLES CHIAROTTI, USMC (RET), PRESIDENT & CEO
- Phone
- (877) 469-6223
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO PROVIDE RESOURCES AND SUPPORT TO SUSTAIN AND EXPAND PROGRAMS AND ACTIVITIES ESSENTIAL TO THE MARINE CORPS ASSOCIATION'S (MCA) MISSION BY ENGAGING EVERYONE INSPIRED BY THE MARINE CORPS.
Program accomplishments
- COMMANDERS' FORUMS: THE FOUNDATION PROVIDES FUNDING TO ASSIST COMMANDERS IN DEVELOPING AND PROVIDING FORUM OPPORTUNITIES SPECIFICALLY TAILORED TO ENHANCE THEIR MARINES AND SAILORS' KNOWLEDGE OF THE MILITARY HISTORICAL AND OPERATIONAL LESSONS AND HOW THOSE CAN BE APPLIED TO CURRENT CHALLENGES. THE FORUMS CAN RANGE FROM PRESENTATIONS AND DISCUSSIONS WITH NOTED AUTHORS AND SCHOLARS TO A CLASSICAL BATTLE STUDY. PARTICIPATION IN THE BATTLE STUDIES WILL HELP PREPARE A UNIT FOR CURRENT OPERATIONS THROUGH THE STUDY OF MILITARY HISTORY. PARTICIPANTS IN BATTLE STUDIES MAY WALK THE GROUND WITH EXPERTS IN ORDER TO BETTER UNDERSTAND THE HISTORY AND LESSONS LEARNED FROM THESE FAMOUS BATTLES AND CAMPAIGNS. IN ADDITION, MCAF ACTIVELY SEEKS TO PROVIDE RELEVANT, PROFESSIONAL MILITARY EDUCATION FOR ACTIVE-DUTY MARINES AND OPPORTUNITIES TO STAY ABREAST OF CURRENT ISSUES. THESE FORUMS FEATURE PROMINENT SPEAKERS, KEY DECISION MAKERS AND SUBJECT MATTER EXPERTS AND OFFER KEY INSIGHTS AND UNIQUE PERSPECTIVES ON CURRENT MILITARY TOPICS. EVENTS ARE HELD AT DIFFERENT LOCATIONS, ALLOWING ACTIVE-DUTY MARINES AND OUR MEMBERS NATIONWIDE THE OPPORTUNITY TO ENHANCE THEIR KNOWLEDGE OF MILITARY ART AND SCIENCE, AND GAIN AN APPRECIATION OF CURRENT ISSUES. IN 2025, NEARLY 9,000 MARINE LEADERS (NONCOMMISSIONED OFFICERS, STAFF NONCOMMISSIONED OFFICERS, AND COMMISSIONED OFFICERS AT MULTIPLE GRADES) PARTICIPATED IN THESE COMMANDERS' FORUMS EVENTS. THE FUNDS PAY FOR SPEAKING FEES, HONORARIUMS, BATTLEFIELD TOUR GUIDES AND OTHER COSTS THAT MARINE UNITS CAN TYPICALLY PAY FOR FROM THEIR OPERATIONS AND MAINTENANCE FUNDING.Expenses $1,578,826 · grants $875,849
- THE MARINE EXCELLENCE AWARDS PROGRAM WAS ESTABLISHED TO RECOGNIZE THE PROFESSIONAL ACHIEVEMENTS OF MARINES AND SAILORS (SERVING IN MARINE CORPS UNITS) AND TO RECOGNIZE SUPERIOR PERFORMANCE IN MARINE CORPS OFFICER AND ENLISTED FORMAL SCHOOLS. THESE AWARDS ARE ALSO GIVEN FOR EXCEPTIONAL WRITTEN WORK. AWARDS ARE A VALUABLE INCENTIVE AND AN APPROPRIATE MEANS OF RECOGNIZING MARINES AND SAILORS WHO EXCEL IN THEIR COMMANDS, FORMAL SCHOOLS, AND LEADERSHIP COURSES. MCAF IS THE LARGEST CONTRIBUTOR OF AWARDS GIVEN TO THE U.S. MARINE CORPS. EACH YEAR MCAF GIVES AWARDS TO APPROXIMATELY 3,500 DESERVING MARINES AND SAILORS, 92 PERCENT OF WHICH GO TO ENLISTED MEN AND WOMEN. THESE ARE JUST A FEW OF THE AWARDS GIVEN TO OUTSTANDING MARINES: THE HONOR GRADUATE FROM DRILL INSTRUCTOR SCHOOL, RECRUIT TRAINING AWARDS (HONOR GRADUATE RECRUIT, HIGH SHOOTER AND HIGH PHYSICAL FITNESS TEST), THE BASIC OFFICER TRAINING COURSE HONOR GRADUATE, OFFICER CANDIDATES SCHOOL HONOR GRADUATE, AND STAFF NONCOMMISSIONED OFFICER ACADEMY HONOR GRADUATE). IN 2025, OVER 3,700 MARINES RECEIVED AWARDS RECOGNIZING THEIR EXCELLENT PERFORMANCE AND THEIR CREATIVE AND PERSUASIVE WRITTEN WORK.Expenses $341,747 · grants $40,030 · revenue $6,391
- THE COMMANDERS' UNIT LIBRARY PROGRAM PROVIDES COMMANDERS WITH FUNDS TO ESTABLISH AND SUSTAIN THEIR UNIT PROFESSIONAL LIBRARY WHEN THE UTILIZATION OF APPROPRIATED FUNDS IS NOT PRACTICABLE. THE PROGRAM ALLOWS COMMANDERS TO SELECT BOOKS FROM THE MARINE CORPS COMMANDANT'S PROFESSIONAL READING LIST, WHICH ALL MARINES ARE REQUIRED TO READ DURING THEIR SERVICE IN THE CORPS. THE BOOK LIST CONTAINS TIMELESS MILITARY CLASSICS AS WELL AS RECENT BOOKS ON EMERGING AREAS OF INTEREST IN CURRENT MILITARY OPERATIONS AND CULTURAL UNDERSTANDING. SOME UNITS WITH UNIQUE AND EMERGING CAPABILITIES (E.G. UNMANNED VEHICLES/DRONES, CYBERSPACE OPERATIONS) CAN RECEIVE BOOKS SPECIFIC TO THEIR MISSION. IN 2025, 94 MARINE CORPS UNITS (BATTALIONS, SQUADRONS, REGIMENTS, GROUPS, ETC.) RECEIVED BOOKS TO ENHANCE THEIR UNIT LIBRARIES, MAKING PROFESSIONAL READING AVAILABLE TO OVER 37,000 MARINES. IN TOTAL IN 2025, THE MARINE CORPS ASSOCIATION FOUNDATION SPENT OVER $2,038,000 IN SUPPORT OF APPROXIMATELY 50,000 MARINES.Expenses $71,992 · grants $71,992
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 80-0340923
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A54)
- Assets (IRS master file)
- $1,409,155
- Income (IRS master file)
- $2,834,552
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,685,536 | $3,064,854 | $1,409,155 | XML |
| 990 | December 2024 | $2,830,616 | $2,755,109 | $1,159,428 | XML |
| 990 | December 2023 | $2,381,346 | $2,227,339 | $1,079,874 | XML |
| 990 | December 2022 | $2,003,526 | $2,038,561 | $977,211 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 80-0340923).
Questions about MARINE CORPS ASSOCIATION FOUNDATION
- What is the EIN of MARINE CORPS ASSOCIATION FOUNDATION?
- The employer identification number (EIN) of MARINE CORPS ASSOCIATION FOUNDATION is 80-0340923.
- Is MARINE CORPS ASSOCIATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to MARINE CORPS ASSOCIATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARINE CORPS ASSOCIATION FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MARINE CORPS ASSOCIATION FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARINE CORPS ASSOCIATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MARINE CORPS ASSOCIATION FOUNDATION?
- The 990 for the year ended December 31, 2025 names LTGEN CHARLES CHIAROTTI.
- Who are the officers and directors of MARINE CORPS ASSOCIATION FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 28 people; 7 received compensation from the organization, the highest $46,619 (LTGEN CHARLES CHIAROTTI, USMC (RET), PRESIDENT & CEO).
- How much revenue does MARINE CORPS ASSOCIATION FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,685,536, expenses of $3,064,854 and total assets of $1,409,155 at year end.
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