Civic Intelligence

Trey Whitfield School

990 • Fiscal year 2018 • EIN 11-3577637

Sep 01, 2017 to Aug 31, 2018 • Filed on Jan 15, 2019

17 Hinsdale StreetBrooklyn, NY 11207

(718) 342-7722

Siviq Scores

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

Liabilities / Assets

80th percentile

0.84x

Higher debt load relative to assets than 80% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

1.63x

Higher debt load relative to revenue than 88% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Net Margin

46th percentile

2.4%

Higher net margin than 46% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

53rd percentile

$140,200

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Asset Growth

30th percentile

-1.3%

Faster asset growth than 30% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

42nd percentile

3.3%

Faster revenue growth than 42% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$5,149,405

Down $66,918 (-1.3%) from 2017

Net Assets

Up

$817,137

Up $64,455 (+8.6%) from 2017

Liabilities

Down

$4,332,268

Down $131,373 (-2.9%) from 2017

Revenue

Up

$2,663,320

Up $86,287 (+3.3%) from 2017

Expenses

Down

$2,598,865

Down $314,854 (-11%) from 2017

Net Income

Up

$64,455

Up $401,141 (+119%) from 2017

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2010: $7,504,504Liabilities 2010: $5,786,077Net Assets 2010: $1,718,4272010Assets 2011: $7,372,323Liabilities 2011: $5,545,618Net Assets 2011: $1,826,7052011Assets 2012: $7,076,847Liabilities 2012: $5,250,862Net Assets 2012: $1,825,9852012Assets 2013: $6,670,037Liabilities 2013: $5,012,011Net Assets 2013: $1,658,0262013Assets 2014: $6,188,939Liabilities 2014: $4,650,820Net Assets 2014: $1,538,1192014Assets 2015: $6,086,199Liabilities 2015: $4,499,885Net Assets 2015: $1,586,3142015Assets 2016: $5,683,614Liabilities 2016: $4,594,246Net Assets 2016: $1,089,3682016Assets 2017: $5,216,323Liabilities 2017: $4,463,641Net Assets 2017: $752,6822017Assets 2018: $5,149,405Liabilities 2018: $4,332,268Net Assets 2018: $817,1372018Assets 2019: $4,428,567Liabilities 2019: $4,262,074Net Assets 2019: $166,4932019Assets 2020: $4,196,132Liabilities 2020: $4,479,688Net Assets 2020: -$283,5562020Assets 2021: $4,569,369Liabilities 2021: $4,402,408Net Assets 2021: $166,9612021Assets 2022: $3,970,158Liabilities 2022: $4,008,671Net Assets 2022: -$38,5132022Assets 2023: $2,931,881Liabilities 2023: $4,114,322Net Assets 2023: -$1,182,4412023Assets 2024: $2,483,518Liabilities 2024: $4,458,743Net Assets 2024: -$1,975,2252024

Highlighted filing

2018

Assets$5,149,405
Liabilities$4,332,268
Net Assets$817,137

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2010: $3,302,403Expenses 2010: $3,144,284Net Income 2010: $158,1192010Expenses 2011: $3,130,3882011Expenses 2012: $3,016,0212012Revenue 2013: $2,973,540Expenses 2013: $2,972,752Net Income 2013: $7882013Revenue 2014: $2,856,655Expenses 2014: $2,976,562Net Income 2014: -$119,9072014Revenue 2015: $2,654,753Expenses 2015: $2,606,559Net Income 2015: $48,1942015Revenue 2016: $2,438,955Expenses 2016: $2,935,901Net Income 2016: -$496,9462016Revenue 2017: $2,577,033Expenses 2017: $2,913,719Net Income 2017: -$336,6862017Revenue 2018: $2,663,320Expenses 2018: $2,598,865Net Income 2018: $64,4552018Revenue 2019: $1,997,702Expenses 2019: $2,648,346Net Income 2019: -$650,6442019Revenue 2020: $2,356,347Expenses 2020: $2,806,396Net Income 2020: -$450,0492020Revenue 2021: $3,543,449Expenses 2021: $3,092,932Net Income 2021: $450,5172021Revenue 2022: $3,120,135Expenses 2022: $3,309,605Net Income 2022: -$189,4702022Revenue 2023: $2,520,715Expenses 2023: $3,536,323Net Income 2023: -$1,015,6082023Revenue 2024: $2,600,295Expenses 2024: $3,342,552Net Income 2024: -$742,2572024

Highlighted filing

2018

Revenue$2,663,320
Expenses$2,598,865
Net Income$64,455
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jan 15, 2019
Return Version
2017v2.2
Gross Receipts
$2,663,320
Mission and Program Overview

Mission

To provide affordable and accessible education

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,866,793$4,458,799▼ $407,994
Cash and Non-Interest-Bearing Accounts$121,064$423,188▲ $302,124
Accounts Receivable$38,281$82,068▲ $43,787
Total Assets$5,216,323$5,149,405▼ $66,918
Other Assets Total$190,185$185,350▼ $4,835
Liabilities
Unsecured Notes Loans Payable$3,995,907$3,918,082▼ $77,825
Other Liabilities$288,028$288,484▲ $456
Deferred Revenue$102,212$83,576▼ $18,636
Accounts Payable and Accrued Expenses$77,494$42,126▼ $35,368
Total Liabilities$4,463,641$4,332,268▼ $131,373
Net Assets / Fund Balance
Temporarily Rstr Net Assets$75,892$875,463▲ $799,571
Unrestricted Net Assets$676,790$-58,326▼ $735,116
Total Net Assets Fund Balance$752,682$817,137▲ $64,455
Total Liabilities and Net Assets / Fund Balance$5,216,323$5,149,405▼ $66,918

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,141,548$4,930,685-
Equipment$142,498$453,737-
Leasehold Improvements$174,753$549,939-
Other Assets Org$162,660--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ab WhitfieldCOOFT$140,200$140,200
Janie C WhitneyCEOFT$140,200$140,200

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,223,703
Program Service Revenue
$1,119,577
Investment Income
$4,562
Other Revenue
$315,478
All Other Contributions
$1,223,703
Change in Net Assets
$64,455
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,544,154
Other Expenses$1,054,711
Total Fundraising Expense$173,014
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,044,349$26,214-$1,070,563
Depreciation Depletion$359,405$43,302$30,311$433,018
Current Officers, Directors, Trustees, and Key Employees$43,518$104,854$91,748$240,120
All Other Expenses$165,943$37,816$10,098$213,857
Other Employee Benefits$116,668$14,057$9,840$140,565
Interest$109,185$13,155$9,208$131,548
Payroll Taxes$77,112$9,291$6,503$92,906
Insurance$66,346$7,994$5,595$79,935
Other Expenses$27,108$3,266$2,286$32,660
Information Technology$18,129$2,184$1,529$21,842
Office Expenses$5,174$623$436$6,233
Conferences and Meetings$4,074--$4,074
Total Functional Expenses$2,155,295$270,556$173,014$2,598,865
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 Party$178,701
Current Maturities Long Term Debt$88,611
Other Liabilities$21,172

Bond Issues

BondIssuerIssuedIssue PricePurpose
ANYC Industrial Development2003-11-04$5,700,000Acquisition & Construction
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Board reviews the 990 before it is filed. The board reviews the 990 before it is filed.

CEO executive director top management comp Part VI line 15A

Board of directors reviews the performance and makes a decision

Other officer or key employee compensation Part VI line 15B

The ceo reviews the performance and makes a decision.

Governing documents etc available to public Part VI line 19

Upon request the governing documents are provided to the requesting parties.

Filing and Contact Details

Filer

Filer Name
Trey Whitfield School
EIN
11-3577637
Address
17 HINSDALE STREET, BROOKLYN, NY 11207

Signing Officer

Name
Ab Whitfield
Title
COO
Phone
7182427722
Signed
2019-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janie C Whitney
Formed
1983
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
29

Preparer

Firm
Deans Archer and Co
Address
265 East Merrick Road, Valley Stream, NY 11580
Preparer
Tunde Oniyide
Phone
5168726922
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IRS990/OtherExpensesGrp/FundraisingAmt12286
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07800
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13266
IRS990/OtherExpensesGrp/ProgramServicesAmt07418
IRS990/OtherExpensesGrp/ProgramServicesAmt146125
IRS990/OtherExpensesGrp/ProgramServicesAmt264741
IRS990/OtherExpensesGrp/ProgramServicesAmt327108
IRS990/OtherExpensesGrp/TotalAmt07418
IRS990/OtherExpensesGrp/TotalAmt146125
IRS990/OtherExpensesGrp/TotalAmt278001
IRS990/OtherExpensesGrp/TotalAmt332660
IRS990/OtherLiabilitiesGrp/BOYAmt0288028
IRS990/OtherLiabilitiesGrp/EOYAmt0288484
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt051204
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt051204
IRS990/OtherRevenueTotalAmt051204
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026214
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01044349
IRS990/OtherSalariesAndWagesGrp/TotalAmt01070563
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt06503
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09291
IRS990/PayrollTaxesGrp/ProgramServicesAmt077112
IRS990/PayrollTaxesGrp/TotalAmt092906
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JANIE C WHITNEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01119577
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01119577
IRS990/ProgSrvcAccomActy2Grp/Desc0STUDENT ACTIVITIES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0285712
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0618449
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06420
IRS990/PYOtherExpensesAmt01197523
IRS990/PYOtherRevenueAmt0290960
IRS990/PYProgramServiceRevenueAmt01661204
IRS990/PYRevenuesLessExpensesAmt0-336686
IRS990/PYSalariesCompEmpBnftPaidAmt01716196
IRS990/PYTotalExpensesAmt02913719
IRS990/PYTotalRevenueAmt02577033
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt064455
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0264274
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04141548
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04930685
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt09072233
IRS990ScheduleD/EquipmentGrp/BookValueAmt0142498
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0453737
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0596235
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0174753
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0549939
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0724692
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt022690
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1162660
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PREPAID BOND FINANCING COST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0178701
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt121172
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt288611
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CURRENT MATURITIES LONG TERM DEBT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04458799
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0185350
IRS990ScheduleD/TotalLiabilityAmt0288484
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02003-11-04
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0132906044
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0NC0058477
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt05700000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0NYC Industrial Development
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0Acquisition & Construction
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVIEWS THE 990 BEFORE IT IS FILED. THE BOARD REVIEWS THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS REVIEWS THE PERFORMANCE AND MAKES A DECISION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CEO REVIEWS THE PERFORMANCE AND MAKES A DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST THE GOVERNING DOCUMENTS ARE PROVIDED TO THE REQUESTING PARTIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TREY WHITFIELD FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0113160101
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0STUDENT SCHOLARSHIPS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0733 LINCOLN AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd011208
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0true
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt075892
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0875463
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05216323
IRS990/TotalAssetsEOYAmt05149405
IRS990/TotalAssetsGrp/BOYAmt05216323
IRS990/TotalAssetsGrp/EOYAmt05149405
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01223703
IRS990/TotalEmployeeCnt029

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.48$4.46$1.98$2.60$3.34$0.74
2023Detailed filing. Detailed filing data is available for this year.$2.93$4.11$1.18$2.52$3.54$1.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.97$4.01$0.04$3.12$3.31$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.57$4.40$0.17$3.54$3.09$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.20$4.48$0.28$2.36$2.81$0.45
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.43$4.26$0.17$2.00$2.65$0.65
2018Detailed filing. Detailed filing data is available for this year.$5.15$4.33$0.82$2.66$2.60$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.22$4.46$0.75$2.58$2.91$0.34
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.68$4.59$1.09$2.44$2.94$0.50
2015Detailed filing. Detailed filing data is available for this year.$6.09$4.50$1.59$2.65$2.61$0.05
2014Detailed filing. Detailed filing data is available for this year.$6.19$4.65$1.54$2.86$2.98$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.67$5.01$1.66$2.97$2.97$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.08$5.25$1.83$3.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.37$5.55$1.83$3.13
2010Summary only. Only limited summary data is available for this year.$7.50$5.79$1.72$3.30$3.14$0.16