Civic Intelligence

Independent World Television Inc.

990 • Fiscal year 2013 • EIN 01-0808098

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 31, 2014

231 Holliday StreetBaltimore, MD 21202

(410) 550-5235

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

29th percentile

0.02x

Higher debt load relative to assets than 29% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

28th percentile

0.03x

Higher debt load relative to revenue than 28% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

93rd percentile

62%

Higher net margin than 93% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

49th percentile

$46,685

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

96th percentile

115%

Faster asset growth than 96% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$3,719,157

Up $1,987,942 (+115%) from 2012

Net Assets

Up

$3,637,421

Up $1,940,382 (+114%) from 2012

Liabilities

Up

$81,736

Up $47,560 (+139%) from 2012

Revenue

$3,141,687

No earlier filing loaded for comparison.

Expenses

Up

$1,201,305

Up $349,671 (+41%) from 2012

Net Income

$1,940,382

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $110,486Liabilities 2010: $37,438Net Assets 2010: $73,0482010Assets 2011: $139,139Liabilities 2011: $32,204Net Assets 2011: $106,9352011Assets 2012: $1,731,215Liabilities 2012: $34,176Net Assets 2012: $1,697,0392012Assets 2013: $3,719,157Liabilities 2013: $81,736Net Assets 2013: $3,637,4212013Assets 2014: $5,033,751Liabilities 2014: $152,110Net Assets 2014: $4,881,6412014Assets 2015: $5,409,892Liabilities 2015: $177,247Net Assets 2015: $5,232,6452015Assets 2016: $5,027,420Liabilities 2016: $129,254Net Assets 2016: $4,898,1662016Assets 2017: $6,376,733Liabilities 2017: $178,411Net Assets 2017: $6,198,3222017Assets 2018: $7,096,198Liabilities 2018: $142,051Net Assets 2018: $6,954,1472018Assets 2019: $6,761,619Liabilities 2019: $149,337Net Assets 2019: $6,612,2822019Assets 2020: $7,763,123Liabilities 2020: $541,776Net Assets 2020: $7,221,3472020Assets 2021: $8,183,946Liabilities 2021: $556,788Net Assets 2021: $7,627,1582021Assets 2022: $1,532,706Liabilities 2022: $147,746Net Assets 2022: $1,384,9602022Assets 2023: $1,121,246Liabilities 2023: $153,409Net Assets 2023: $967,8372023Assets 2024: $1,267,169Liabilities 2024: $244,333Net Assets 2024: $1,022,8362024

Highlighted filing

2013

Assets$3,719,157
Liabilities$81,736
Net Assets$3,637,421

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $831,7042010Expenses 2011: $749,6982011Expenses 2012: $851,6342012Revenue 2013: $3,141,687Expenses 2013: $1,201,305Net Income 2013: $1,940,3822013Revenue 2014: $2,984,625Expenses 2014: $1,854,693Net Income 2014: $1,129,9322014Revenue 2015: $3,041,040Expenses 2015: $2,658,235Net Income 2015: $382,8052015Revenue 2016: $2,734,626Expenses 2016: $3,069,105Net Income 2016: -$334,4792016Revenue 2017: $4,571,189Expenses 2017: $3,357,349Net Income 2017: $1,213,8402017Revenue 2018: $4,210,134Expenses 2018: $3,476,863Net Income 2018: $733,2712018Revenue 2019: $3,119,919Expenses 2019: $3,450,256Net Income 2019: -$330,3372019Revenue 2020: $4,309,865Expenses 2020: $3,517,000Net Income 2020: $792,8652020Revenue 2021: $3,134,025Expenses 2021: $2,638,311Net Income 2021: $495,7142021Revenue 2022: $2,526,986Expenses 2022: $2,568,997Net Income 2022: -$42,0112022Revenue 2023: $2,466,871Expenses 2023: $2,883,463Net Income 2023: -$416,5922023Revenue 2024: $2,795,668Expenses 2024: $2,714,206Net Income 2024: $81,4622024

Highlighted filing

2013

Revenue$3,141,687
Expenses$1,201,305
Net Income$1,940,382
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 31, 2014
Return Version
2013v3.1
Gross Receipts
$3,141,687
Mission and Program Overview

Mission

Improve lives by investigating, reporting

Improve lives by investigating, reporting and debating stories that help society better understand critical issues of our time.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,577,871$2,677,306▲ $1,099,435
Cash and Non-Interest-Bearing Accounts$112,071$989,684▲ $877,613
Prepaid Expenses and Deferred Charges$41,273$47,313▲ $6,040
Other Notes and Loans Receivable, Net$1,917$3,443▲ $1,526
Investments in Publicly Traded Securities-$1,411-
Total Assets$1,733,132$3,719,157▲ $1,986,025
Liabilities
Accounts Payable and Accrued Expenses$11,593$57,236▲ $45,643
Other Liabilities$24,500$24,500→ $0
Total Liabilities$36,093$81,736▲ $45,643
Net Assets / Fund Balance
Unrestricted Net Assets$1,697,039$3,637,421▲ $1,940,382
Total Net Assets Fund Balance$1,697,039$3,637,421▲ $1,940,382
Total Liabilities and Net Assets / Fund Balance$1,733,132$3,719,157▲ $1,986,025

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,336,881-$1,336,881
Other Land Buildings$1,304,258$6,837$1,311,095
Equipment$36,167$14,561$50,728
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Paul JayCEOFT$46,685$46,685

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,130,892
Program Service Revenue
$10,795
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,130,892
Change in Net Assets
$1,940,382
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$417,000
Salaries, Compensation, and Employee Benefits$399,309
Other Expenses$384,996
Total Fundraising Expense$110,971
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$417,000--$417,000
Other Salaries and Wages$212,260$35,158$51,070$298,488
All Other Expenses$113,857$97$9,215$123,169
Occupancy$50,600$6,747$10,120$67,467
Current Officers, Directors, Trustees, and Key Employees$46,685$0$0$46,685
Payroll Taxes$22,206$3,152$4,510$29,868
Fees for Services Accounting$0$25,775$0$25,775
Other Employee Benefits$18,691$2,752$2,825$24,268
Other Expenses$15,440$2,058$3,088$20,586
Advertising$0$0$18,011$18,011
Travel$14,282$1,359$526$16,167
Fees for Services Legal$0$10,512$0$10,512
Depreciation Depletion$8,421$0$0$8,421
Total Functional Expenses$977,470$112,864$110,971$1,201,305
International Activity

International Summary

Offices
1
Employees
5
Spending
$417,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North Americaconduct independent jouranlism-15$417,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to related parties$24,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
01-0808098
Phone
4105505235

Signing Officer

Name
Paul Jay
Title
CEO
Phone
4105505235
Signed
2014-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Jay
Formed
2004
Legal Domicile
Md
Voting Board Members
11
Independent Board Members
10
Employees
23
Volunteers
0

Preparer

Preparer
Rufus Ingram
Phone
4103583538
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

990 is provided to CEO and Treasurer for distribution and

Pt VI, Line 11B

discussion with BOD as needed.

Pt VI, Line 12C

Board members are requested to disclose such information.

Pt VI, Line 12C

If a conflict exist, the Board member is required to resign.

Pt VI, Line 15A

Based on salary wage scale of compatable organizations.

Form 990, Part IX, Line 24F

Foreign currency loss 97. 0. 97. 0. Consulting 84196. 77780. 0. 6416. Studio & production 36077. 36077. 0. 0. Membership fees 2799. 0. 0. 2799.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07945
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12850
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02440534
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0744838
IRS990/PYOtherExpensesAmt071210
IRS990/PYOtherRevenueAmt01204
IRS990/PYRevenuesLessExpensesAmt01590104
IRS990/PYSalariesCompEmpBnftPaidAmt035586
IRS990/PYTotalExpensesAmt0851634
IRS990/PYTotalRevenueAmt02441738
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01940382
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03141687
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0Description: Stipends
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt12009: 5395.
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt22010: 682.
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt3Description: Rental income
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt42013: 2850.
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0Pt II Line 10
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc1Pt II Line 10
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc2Pt II Line 10
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc3Pt II Line 10
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc4Pt II Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03130892
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02440534
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0781335
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04843268
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0769717
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt011965746
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01204
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02250
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04927
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt08391
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07945
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02850
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0682
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt05395
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08927
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99860
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt011965746
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03130892
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02440534
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0781335
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04843268
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0769717
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt011965746
IRS990ScheduleA/TotalSupportAmt011983064
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt036167
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014561
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt050728
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01336881
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01336881
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01304258
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06837
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01311095
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to related parties
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02677306
IRS990ScheduleD/TotalLiabilityAmt024500
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt05
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0417000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0North America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0conduct independent jouranlism
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0417000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt0N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0checks
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0support independent journalism
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0North America
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt05
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0417000
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Reports required concerning use of grant.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt05
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0417000
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 is provided to CEO and Treasurer for distribution and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1discussion with BOD as needed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board members are requested to disclose such information.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3If a conflict exist, the Board member is required to resign.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Based on salary wage scale of compatable organizations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FOREIGN CURRENCY LOSS 97. 0. 97. 0. CONSULTING 84196. 77780. 0. 6416. STUDIO & PRODUCTION 36077. 36077. 0. 0. MEMBERSHIP FEES 2799. 0. 0. 2799.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01733132
IRS990/TotalAssetsEOYAmt03719157
IRS990/TotalAssetsGrp/BOYAmt01733132
IRS990/TotalAssetsGrp/EOYAmt03719157
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03130892

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.24$1.02$2.80$2.71$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.12$0.15$0.97$2.47$2.88$0.42
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.15$1.38$2.53$2.57$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.18$0.56$7.63$3.13$2.64$0.50
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.76$0.54$7.22$4.31$3.52$0.79
2019Summary only. Only limited summary data is available for this year.$6.76$0.15$6.61$3.12$3.45$0.33
2018Summary only. Only limited summary data is available for this year.$7.10$0.14$6.95$4.21$3.48$0.73
2017Summary only. Only limited summary data is available for this year.$6.38$0.18$6.20$4.57$3.36$1.21
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.03$0.13$4.90$2.73$3.07$0.33
2015Detailed filing. Detailed filing data is available for this year.$5.41$0.18$5.23$3.04$2.66$0.38
2014Detailed filing. Detailed filing data is available for this year.$5.03$0.15$4.88$2.98$1.85$1.13
2013Detailed filing. Detailed filing data is available for this year.$3.72$0.08$3.64$3.14$1.20$1.94
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.03$1.70$0.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.03$0.11$0.75
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.04$0.07$0.83