What is the EIN of MANAGEMENT SCIENCES FOR HEALTH INC?

The employer identification number (EIN) of MANAGEMENT SCIENCES FOR HEALTH INC is 04-2482188.

Is MANAGEMENT SCIENCES FOR HEALTH INC tax-exempt?

Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.

Are donations to MANAGEMENT SCIENCES FOR HEALTH INC tax-deductible?

Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).

When is the next return of MANAGEMENT SCIENCES FOR HEALTH INC due?

The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.

When did MANAGEMENT SCIENCES FOR HEALTH INC last file with the IRS?

The latest return in the IRS public files is the 990 for the year ended June 2025.

Who is the principal officer of MANAGEMENT SCIENCES FOR HEALTH INC?

The 990 for the year ended June 30, 2025 names MARIAN WENTWORTH.

Who are the officers and directors of MANAGEMENT SCIENCES FOR HEALTH INC?

The 990 for the year ended June 30, 2025 lists 45 people; 31 received compensation from the organization, the highest $540,198 (MARIAN WENTWORTH, CHIEF EXECUTIVE OFFICER & PRESIDENT).

How much revenue does MANAGEMENT SCIENCES FOR HEALTH INC have?

On its 990 for the year ended June 30, 2025 it reported revenue of $131,769,559, expenses of $131,747,533 and total assets of $58,219,103 at year end.

Nonprofit · EIN 04-2482188

MANAGEMENT SCIENCES FOR HEALTH INC

Tax-exempt · MEDFORD, MA 02155

Financials

Revenue Expenses · by fiscal year end

Financials of MANAGEMENT SCIENCES FOR HEALTH INC by year, from its e-filed returns
Year ended	Form	Revenue	Expenses	Net income	Total assets	Liabilities	Net assets
June 30, 2025	990	$131,769,559	$131,747,533	$22,026	$58,219,103	$21,371,034	$36,848,069
June 30, 2024	990	$168,843,246	$166,912,191	$1,931,055	$73,661,296	$32,729,444	$40,931,852
June 30, 2023	990	$171,863,883	$168,625,911	$3,237,972	$71,800,085	$33,854,817	$37,945,268

Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants: $128,019,613
of which government grants: $107,612,333
Program service revenue: $0
Investment income: $3,607,166
Net gain from sales of assets: $2,574,585
Other revenue: $142,780

Expenses

Grants and similar amounts paid: $23,969,448
Compensation of officers, directors and key employees: $4,302,937
Other salaries and wages: $54,976,450
Salaries, compensation and benefits (total): $71,223,980
Professional fundraising fees: $0
Legal fees: $389,912
Accounting fees: $420,709
Occupancy: $2,636,745
Travel: $6,560,723
Depreciation: $400,226
Program services (functional): $93,494,539
Management and general (functional): $38,244,619
Fundraising (functional): $8,374

Balance sheet and other

Total assets, start of year: $73,661,296
Total assets, end of year: $58,219,103
Total liabilities, end of year: $21,371,034
Net assets, end of year: $36,848,069
Land, buildings and equipment: $344,386
Publicly traded securities: $75,461
Net assets without donor restrictions: $33,496,978
Net assets with donor restrictions: $3,351,092
Gross receipts: $147,545,825
Employees: 283
Volunteers: 11
Year formed: 1971
State of legal domicile: MA

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 June 30, 2025, highest compensation first.

Name	Title	Hours / week	Compensation	Other / benefits
MARIAN WENTWORTH	CHIEF EXECUTIVE OFFICER & PRESIDENT Officer	40	$540,198	$71,167
REBECCA KOHLER	CHIEF OF PARTY, SAFEMED Highest-paid employee	40	$330,372	$56,761
COLLEEN MCGUFFIN	CPO & EXECUTIVE VP Key employee	40	$334,059	$45,370
NORIO KASAHARA	CHIEF OF PARTY, AFIAT (TERM 2/2025) Key employee	40	$346,124	$24,233
PAUL ZIMMERMAN	GENERAL COUNSEL (THRU 6/2025) Officer	40	$297,889	$72,052
GORDON KIHUGURU	VP- CHIEF FIN OFF.(THRU 4/2025) Officer	40	$298,739	$68,578
DAN SCHWARZ	VICE PRESIDENT - GHSI Key employee	40	$290,491	$67,815
STEVE MORGAN	FINANCE DIRECTOR (THRU 3/2025) Key employee	40	$277,881	$45,699
ELKE KONINGS	SR. TECH. DIR. (THRU 4/2025) Highest-paid employee	40	$258,039	$64,239
ANTOINE NDIAYE	PROJECT DIRECTOR II (THRU 4/2025) Highest-paid employee	40	$289,295	$28,056
DANA SANDSTROM	VP/STRATEGY, BUS. DEV. & PARTNERSHIP Key employee	40	$279,616	$34,918
FRANCIS ABOAGYE-NYAME	PORTFOLIO DIRECTOR (THRU 4/2025) Key employee	40	$246,756	$62,679
ALI RAJPOOT	FINANCE DIRECTOR (THRU 3/2025) Key employee	40	$281,759	$26,364
DAVID HUMPHRIES	ASSOC. VP - COMMS. (THRU 5/2025) Key employee	40	$236,059	$65,689
JACOB HUGHES	SR. TECH. DIR. (THRU 4/2025) Highest-paid employee	40	$267,053	$33,641

30 more people on this return

Name	Title	Hours / week	Compensation	Other / benefits
ADESUWA ADETOSOYE	VICE PRESIDENT PDG (THRU 9/2024) Key employee	40	$237,646	$55,236
KAMIAR KHAJAVI	PROJECT DIRECTOR III (THRU 4/2025) Key employee	40	$259,045	$32,527
AMY BOLDOSSER-BOESCH	SENIOR TECHNICAL DIRECTOR Highest-paid employee	40	$254,032	$36,356
MATTHEW GEMEDA	ASSOCIATE VP - INTERNAL AUDIT Former	40	$243,613	$29,557
JOHN YANULIS	PORTFOLIO DIRECTOR Former	40	$211,804	$59,817
JEANNE HAUGHT	SR. DIRECTOR, OPS (TERM 7/2025) Key employee	40	$231,068	$38,361
SEYDOU DOUMBIA	SR. TECHN. MGR (THRU 10/2024) Former	40	$224,122	$40,834
SERGE RAHARISON	PROJECT DIRECTOR III (TERM 3/2025) Former	40	$217,591	$40,624
CHRISTOPHER WELCH	PORTFOLIO DIRECTOR (TERM 5/2025) Former	40	$196,166	$57,757
RUDI THETARD	GLOBAL TECHNICAL LEAD (TERM 4/2025) Former	40	$211,359	$36,126
DIANNA O'SULLIVAN	CONTROLLER AND CFO (AS OF 4/2025) Officer	40	$174,974	$63,343
FLORIDE NIYUHIRE	PORTFOLIO DIRECTOR (THRU 4/2025) Highest-paid employee	40	$196,493	$35,588
STEPHANIE ARMAND XUEREF	PORTFOLIO DIRECTOR (TERM 5/2025) Former	40	$218,618	$0
KATHLEEN ALVAREZ	TALENT ACQ. SR. DIR. (TERM 4/2025) Former	40	$164,429	$52,796
HENRY HAPPY NGABO	FINANCE DIRECTOR Former	40	$185,777	$18,471
PAUL WAIBALE	SR PR TECH ADV INFECT (TERM 4/2025) Key employee	40	$176,072	$0
JOHN PAUL CLARK	DIRECTOR (AS OF 6/2025) Trustee or director	3	$0	$0
PETER BUIJS	DIRECTOR Trustee or director	3	$0	$0
MUSHTAQUE CHOWDHURY	DIRECTOR Trustee or director	3	$0	$0
BETH DEHAMEL	DIRECTOR Trustee or director	3	$0	$0
CHARLES DOCKENDORFF	DIRECTOR (THRU 12/2024) Trustee or director	3	$0	$0
LATANYA MAPP FRETT	DIRECTOR Trustee or director	3	$0	$0
JOHN ISAACSON	DIRECTOR Trustee or director	3	$0	$0
JOHN MASTERSON	DIRECTOR Trustee or director	3	$0	$0
W GYUDE MOORE	DIRECTOR Trustee or director	3	$0	$0
BERNARD NAHLEN	DIRECTOR Trustee or director	3	$0	$0
LESLYE OBIORA	DIRECTOR (THRU 12/2024) Trustee or director	3	$0	$0
MAGDA ROBALO	DIRECTOR Trustee or director	3	$0	$0
NANKHONDE KASONDE VAN DEN BROEK	DIRECTOR Trustee or director	3	$0	$0
KATHRYN ERSKINE	CHIEF PEOPLE & CULTURE OFF. (AS OF 6/2025) Officer	40	$0	$0

990 for the year ended June 30, 2024: 41 people

Name	Title	Hours / week	Compensation	Other / benefits
MARIAN WENTWORTH	CHIEF EXECUTIVE OFFICER & PRESIDENT Officer	40	$527,823	$70,525
NORIO KASAHARA	CHIEF OF PARTY, AFIAT Key employee	40	$374,619	$23,162
PAUL ZIMMERMAN	VICE PRESIDENT & GENERAL COUNSEL Officer	40	$297,260	$71,556
ADESUWA ADETOSOYE	VICE PRESIDENT PDG Key employee	40	$285,136	$64,628
COLLEEN MCGUFFIN	CPO & EXECUTIVE VP Key employee	40	$294,167	$52,350
DAN SCHWARZ	VICE PRESIDENT - GHSI Key employee	40	$282,879	$62,197
GORDON KIHUGURU	VP- CHIEF FINANCIAL OFFICER Officer	40	$265,792	$65,126
ANTOINE NDIAYE	PROJECT DIRECTOR II Highest-paid employee	40	$295,636	$27,540
SEYDOU DOUMBIA	SENIOR TECHNICAL MANAGER Highest-paid employee	40	$262,477	$53,803
STEPHEN MORGAN	FINANCE DIRECTOR Key employee	40	$267,800	$48,019
ELKE KONINGS	SENIOR TECHNICAL DIRECTOR Highest-paid employee	40	$249,571	$63,719
ALI RAJPOOT	FINANCE DIRECTOR Key employee	40	$277,701	$25,147
FLORIDE NIYUHIRE	PORTFOLIO DIRECTOR Highest-paid employee	40	$267,243	$33,865
DANA SANDSTROM	VP/STRATEGY, BUS. DEV. & PARTNERSHIP Key employee	40	$265,856	$32,730
DAVID HUMPHRIES	ASSOCIATE VP - COMMUNICATIONS Key employee	40	$231,792	$65,127
JACOB HUGHES	SENIOR TECHNICAL DIRECTOR Highest-paid employee	40	$260,914	$33,025
FRANCIS ABOAGYE-NYAME	PORTFOLIO DIRECTOR Key employee	40	$228,770	$62,001
KAMIAR KHAJAVI	PROJECT DIRECTOR III Key employee	40	$250,045	$31,636
SERGE RAHARISON	PROJECT DIRECTOR III Former	40	$236,389	$42,985
KATHLEEN ALVAREZ	TALENT ACQUISITION SENIOR DIRECTOR Former	40	$200,970	$56,029
JOHN DAMIAN YANULIS	PORTFOLIO DIRECTOR Former	40	$199,246	$56,123
MATTHEW GEMEDA	ASSOCIATE VP - INTERNAL AUDIT Former	40	$224,118	$27,295
RUDOLPH THETARD	GLOBAL TECHNICAL LEAD Former	40	$207,884	$39,479
CHRISTOPHER WELCH	PORTFOLIO DIRECTOR Former	40	$187,975	$57,569
HENRY HAPPY NGABO	FINANCE DIRECTOR Former	40	$211,644	$16,953
STEPHANIE ARMAND XUEREF	PORTFOLIO DIRECTOR Former	40	$208,736	$10,936
PAUL WAIBALE	SR. PR. TECH. ADV., INFECT. DIS. Former	40	$176,994	$0
PETER BUIJS	DIRECTOR Trustee or director	3	$0	$0
MUSHTAQUE CHOWDHURY	DIRECTOR (AS OF 03/2024) Trustee or director	3	$0	$0
BETH DEHAMEL	DIRECTOR Trustee or director	3	$0	$0
CHARLES DOCKENDORFF	DIRECTOR Trustee or director	3	$0	$0
LATANYA MAPP FRETT	DIRECTOR Trustee or director	3	$0	$0
ROBERT HALLAGAN	DIRECTOR (THRU 12/2023) Trustee or director	3	$0	$0
JOHN ISAACSON	DIRECTOR Trustee or director	3	$0	$0
JOHN MASTERSON	DIRECTOR Trustee or director	3	$0	$0
W GYUDE MOORE	DIRECTOR Trustee or director	3	$0	$0
BERNARD NAHLEN	DIRECTOR Trustee or director	3	$0	$0
LESLYE OBIORA	DIRECTOR Trustee or director	3	$0	$0
MUHAMMAD PATE	DIRECTOR (THRU 09/2023) Trustee or director	3	$0	$0
MAGDA ROBALO	DIRECTOR (AS OF 03/2024) Trustee or director	3	$0	$0
NANKHONDE KASONDE VAN DEN BROEK	DIRECTOR (AS OF 06/2024) Trustee or director	3	$0	$0

990 for the year ended June 30, 2023: 38 people

Name	Title	Hours / week	Compensation	Other / benefits
MARIAN WENTWORTH	CEO/PRESIDENT Officer	40	$499,235	$37,671
COLLEEN MCGUFFIN	CHIEF PEOPLE AND CULTURE OFFICER Key employee	40	$281,032	$32,715
ANTOINE NDIAYE	PROJECT DIRECTOR II Highest-paid employee	40	$280,071	$23,798
PAUL ZIMMERMAN	VP/GENERAL COUNSEL/SECRETARY Officer	40	$253,310	$47,679
NORIO KASAHARA	CHIEF OF PARTY/AFIAT Key employee	40	$281,450	$5,004
STEPHEN MORGAN	FINANCE DIRECTOR Key employee	40	$254,504	$31,017
ALI RAJPOOT	FINANCE DIRECTOR Key employee	40	$257,950	$23,161
FRANCIS ABOAGYE-NYAME	PORTFOLIO DIRECTOR Key employee	40	$233,841	$45,862
SEYDOU DOUMBIA	SENIOR TECHNICAL MANAGER Highest-paid employee	40	$240,755	$35,489
CEDRIC YAMBABARIYE	M&E DIRECTOR Highest-paid employee	40	$255,443	$17,817
JACOB HUGHES	SENIOR TECHNICAL DIRECTOR Highest-paid employee	40	$239,526	$30,178
GORDON KIHUGURU	VICE PRESIDENT/CFO Officer	40	$245,106	$22,947
DAVID HUMPHRIES	CHIEF COMM. & EXT. AFFAIRS OFFICER Key employee	40	$219,370	$47,406
FLORIDE NIYUHIRE	PORTFOLIO DIRECTOR Highest-paid employee	40	$240,093	$17,780
DANA SANDSTROM	VP/STRATEGY, BUS. DEV. & PARTNERSHIPS Key employee	40	$243,779	$11,597
HENRY HAPPY NGABO	REGIONAL FINANCE DIRECTOR Key employee	40	$226,091	$16,022
JOHN DAMIAN YANULIS	PORTFOLIO DIRECTOR Former	40	$187,242	$42,937
MATTHEW GEMEDA	ASSOCIATE VP - INTERNAL AUDIT Key employee	40	$205,051	$23,418
DANIEL KRESS	VP GHSI Former	40	$203,804	$24,206
RUDOLPH THETARD	GLOBAL TECHNICAL LEADER Former	40	$194,403	$33,490
CHRISTOPHER WELCH	PORTFOLIO DIRECTOR Former	40	$180,939	$42,954
ADESUWA ADETOSOYE	VP/GLOBAL HEALTH PROGRAM DELIVERY Key employee	40	$192,286	$27,602
KATHLEEN ALVAREZ	TALENT ACQUISITION SR. DIRECTOR Former	40	$175,587	$38,904
STEPHANIE ARMAND XUEREF	PORTFOLIO DIRECTOR Former	40	$186,134	$4,435
GORDON COMSTOCK	VP PDG Former	40	$160,270	$25,672
PETER BUIJS	DIRECTOR (AS OF 01/2023) Trustee or director	3	$0	$0
BETH DEHAMEL	DIRECTOR (AS OF 01/2023) Trustee or director	3	$0	$0
CHARLES DOCKENDORFF	DIRECTOR Trustee or director	3	$0	$0
LARRY FISH	DIRECTOR (THRU 12/2022) Trustee or director	3	$0	$0
LATANYA MAPP FRETT	DIRECTOR Trustee or director	3	$0	$0
ROBERT HALLAGAN	DIRECTOR Trustee or director	3	$0	$0
JOHN ISAACSON	DIRECTOR Trustee or director	3	$0	$0
KATHERINE LUZURIAGA	DIRECTOR (THRU 12/2022) Trustee or director	3	$0	$0
JOHN MASTERSON	DIRECTOR Trustee or director	3	$0	$0
W GYUDE MOORE	DIRECTOR Trustee or director	3	$0	$0
BERNARD NAHLEN	DIRECTOR Trustee or director	3	$0	$0
LESLYE OBIORA	DIRECTOR Trustee or director	3	$0	$0
MUHAMMAD PATE	DIRECTOR (THRU 08/2022) Trustee or director	3	$0	$0

Address and contacts

Address (IRS master file): 200 RIVERS EDGE DRIVE, MEDFORD, MA 02155-5479
In care of: % CRAIG J MOLYNEAUX
Principal officer (990 for 2024): MARIAN WENTWORTH, 200 RIVERS EDGE DRIVE, MEDFORD, MA 02155
Signed the 990: DIANNA O'SULLIVAN, CONTROLLER & CFO
Phone: (617) 250-9500
Website: WWW.MSH.ORG
Return prepared by: GRANT THORNTON ADVISORS LLC

Mission

SEE SCHEDULE O
990 for the year ended June 30, 2025

Program accomplishments

SEE SCHEDULE O
Expenses $35,670,684 · grants $11,591,192
SEE SCHEDUE O
Expenses $32,889,172 · grants $8,190,838
SEE SCHEDULE O
Expenses $23,716,143 · grants $3,736,950
WOMEN AND CHILD HEALTH, AND OTHERHEALTHY WOMEN, CHILDREN, AND ADOLESCENTS ARE THE FOUNDATION OF UNIVERSAL HEALTH COVERAGE. WORKING AT ENTRY LEVEL OF THE HEALTH SYSTEMS, MSH PARTNERS WITH COUNTRIES AND COMMUNITIES TO DEVELOP AND IMPLEMENT LOCALLY- LED SOLUTIONS TO REACH WOMEN- ACROSS THE CONTINUUM FROM PRE-PREGANCY THROUGH POSTPARTUM - AND CHILDREN - FROM BIRTH THROUGH CHLDHOOD ADOLESCENCE - WITH AFFORDABLE, HIGH-QUALITY PRIMARY CARE. WE STRENGTHEN SKILLS, KNOWLEDGE, POLICIES, AND PRACTICES THAT BRING LASTING CHANGE IN THE AVAILABILITY, QUALITY, ACCOUNTABILITY, AFFORDABILITY, AND LIFE-SAVING IMPACT OF REPRODUCTIVE, MATERNAL, NEWBORN, CHILD, AND ADOLESCENT HEALTH SERVICES, IN EVEN THE MOST VULNERABLE COMMUNITIES. MSH STRENGTHENS GOVERNANCE AS THE BACKBONE OF A SUSTAINABLE, RESPONSIVE HEALTH SYSTEMS, AND SUPPORTS EMPOWERED WOMEN IN TAKING ON LEADERSHIP AND DEMANDING ACCOUNTABILITY. WE FOSTER SUSTAINABLE INSTITUTIONAL CHANGE - STRENGTHENED LEADERSHIP, BETTER - SUPPORTED HEALTH WORKERS, PEOPLE-CENTERED CARE MODELS, AND EVIDENCE-INFORMED QUALITY IMPROVEMENT - SO THAT HEALTH SYSTEMS CAN CONSISTENTLY DELIVER HIGH-QUALITY CARE THAT IS USED AND THAT IMPROVES HEALTH OUTCOMES. WE INTRODUCE AND SCALE UP NEW INTERVENTIONS AND INNOVATIONS, INCLUDING IN HEALTH SYSTEM ORGANIATION AND FINANCING TO SUPPORT ACCESSIBLE, AFFORDABLE, SUSTAINABLE SERVICES.
Expenses $1,218,540 · grants $450,468

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 June, so each return is due on the 15th day of the 5th month after that.

Tax year	Year ended	Due	IRS public records
2025	June 30, 2026	November 16, 2026	Not due yet
2024	June 30, 2025	November 17, 2025	990 on file
2023	June 30, 2024	November 15, 2024	990 on file

IRS record

EIN: 04-2482188
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: 1973
Accounting year ends: June
Files: Form 990 or 990-EZ
Category (NTEE): International, foreign affairs and national security (Q300)
Assets (IRS master file): $58,219,103
Income (IRS master file): $147,545,825

Filing history

Form	Year ended	Revenue	Expenses	Assets	Return
990	June 2025	$131,769,559	$131,747,533	$58,219,103	IRS
990-T	June 2025	–	–	–	IRS
990	June 2024	$168,843,246	$166,912,191	$73,661,296	XML
990-T	June 2024	–	–	–	IRS
990	June 2023	$171,863,883	$168,625,911	$71,800,085	XML
990-T	June 2023	–	–	–	IRS
990	June 2022	$152,804,040	$153,433,381	$62,653,470	IRS
990-T	June 2022	–	–	–	IRS
990	June 2021	–	–	–	IRS
990	June 2020	–	–	–	IRS
990	June 2019	–	–	–	IRS
990	June 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 04-2482188).

Questions about MANAGEMENT SCIENCES FOR HEALTH INC

What is the EIN of MANAGEMENT SCIENCES FOR HEALTH INC?: The employer identification number (EIN) of MANAGEMENT SCIENCES FOR HEALTH INC is 04-2482188.
Is MANAGEMENT SCIENCES FOR HEALTH INC tax-exempt?: Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to MANAGEMENT SCIENCES FOR HEALTH INC tax-deductible?: Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MANAGEMENT SCIENCES FOR HEALTH INC 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 MANAGEMENT SCIENCES FOR HEALTH INC due?: The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MANAGEMENT SCIENCES FOR HEALTH INC last file with the IRS?: The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MANAGEMENT SCIENCES FOR HEALTH INC?: The 990 for the year ended June 30, 2025 names MARIAN WENTWORTH.
Who are the officers and directors of MANAGEMENT SCIENCES FOR HEALTH INC?: The 990 for the year ended June 30, 2025 lists 45 people; 31 received compensation from the organization, the highest $540,198 (MARIAN WENTWORTH, CHIEF EXECUTIVE OFFICER & PRESIDENT).
How much revenue does MANAGEMENT SCIENCES FOR HEALTH INC have?: On its 990 for the year ended June 30, 2025 it reported revenue of $131,769,559, expenses of $131,747,533 and total assets of $58,219,103 at year end.

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