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        <CityNm>Sacramento</CityNm>
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      <PTIN>P00504414</PTIN>
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        <Desc>PIPE PROGRAM</Desc>
        <TotalAmt>144000</TotalAmt>
        <ProgramServicesAmt>144000</ProgramServicesAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>2933018</TotalAmt>
        <ProgramServicesAmt>3514</ProgramServicesAmt>
        <ManagementAndGeneralAmt>2925990</ManagementAndGeneralAmt>
        <FundraisingAmt>3514</FundraisingAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>4420976</TotalAmt>
        <ProgramServicesAmt>725505</ProgramServicesAmt>
        <ManagementAndGeneralAmt>3685132</ManagementAndGeneralAmt>
        <FundraisingAmt>10339</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <JointCostsInd>X</JointCostsInd>
      <SavingsAndTempCashInvstGrp>
        <BOYAmt>6201185</BOYAmt>
        <EOYAmt>7487834</EOYAmt>
      </SavingsAndTempCashInvstGrp>
      <PrepaidExpensesDefrdChargesGrp>
        <EOYAmt>4607</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <LandBldgEquipCostOrOtherBssAmt>143780</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>71288</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>106124</BOYAmt>
        <EOYAmt>72492</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <TotalAssetsGrp>
        <BOYAmt>6307309</BOYAmt>
        <EOYAmt>7564933</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>2280</BOYAmt>
        <EOYAmt>2006</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>2280</BOYAmt>
        <EOYAmt>2006</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
      <RtnEarnEndowmentIncmOthFndsGrp>
        <BOYAmt>6305029</BOYAmt>
        <EOYAmt>7562927</EOYAmt>
      </RtnEarnEndowmentIncmOthFndsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>6305029</BOYAmt>
        <EOYAmt>7562927</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>6307309</BOYAmt>
        <EOYAmt>7564933</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>1257898</ReconcilationRevenueExpnssAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>false</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleC documentId="990C">
      <PoliticalExpendituresAmt>2345147</PoliticalExpendituresAmt>
    </IRS990ScheduleC>
    <IRS990ScheduleD documentId="990D">
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>143780</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>71288</DepreciationAmt>
        <BookValueAmt>72492</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>72492</TotalBookValueLandBuildingsAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleJ documentId="990J">
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>AARON STOCKWELL</PersonNm>
        <TitleTxt>EXECUTIVE DIRECTOR</TitleTxt>
        <BaseCompensationFilingOrgAmt>245129</BaseCompensationFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>245129</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="990O">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990 governing body review Part VI line 11</FormAndLineReferenceDesc>
        <ExplanationTxt>THE GOVERNING BODY RECEIVES A COPY OF FORM 990 FOR REVIEW PRIOR TO FILING. ANY QUESTIONS &amp;/OR COMMENTS ARE DISCUSSED WITH THE CPA.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing documents etc available to public Part VI line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>List of other expenses Part IX line 24e</FormAndLineReferenceDesc>
        <ExplanationTxt>FOR A LIST OF OTHER EXPENSES PLEASE SEE OVERFLOW STATEMENT ATTACHED.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>
