Civic Intelligence

Tampa Bay Beagle Rescue Inc.

990EZ • Fiscal year 2020 • EIN 11-3686021

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 14, 2021

P O Box 271772Tampa, FL 33688-1772

(727) 642-7313

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

30th percentile

-8.0%

Higher net margin than 30% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

30th percentile

-7.7%

Faster asset growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

44th percentile

-20%

Faster revenue growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$132,285

Down $11,080 (-7.7%) from 2019

Net Assets

Down

$132,285

Down $11,080 (-7.7%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$137,943

Down $35,510 (-20%) from 2019

Expenses

Up

$149,024

Up $33,188 (+29%) from 2019

Net Income

Down

-$11,081

Down $68,698 (-119%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $38,775Liabilities 2011: $02011Assets 2012: $39,376Liabilities 2012: $02012Assets 2013: $46,550Liabilities 2013: $02013Assets 2014: $53,904Liabilities 2014: $02014Assets 2015: $59,330Liabilities 2015: $02015Assets 2016: $73,018Liabilities 2016: $02016Assets 2017: $105,261Liabilities 2017: $02017Assets 2018: $119,002Liabilities 2018: $0Net Assets 2018: $119,0022018Assets 2019: $143,365Liabilities 2019: $0Net Assets 2019: $143,3652019Assets 2020: $132,285Liabilities 2020: $0Net Assets 2020: $132,2852020Assets 2021: $224,656Liabilities 2021: $0Net Assets 2021: $224,6562021Assets 2022: $196,688Liabilities 2022: $0Net Assets 2022: $196,6882022Assets 2023: $163,229Liabilities 2023: $0Net Assets 2023: $163,2292023Assets 2024: $1,947,591Liabilities 2024: $0Net Assets 2024: $1,947,5912024

Highlighted filing

2020

Assets$132,285
Liabilities$0
Net Assets$132,285

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $54,318Expenses 2011: $44,237Net Income 2011: $10,0812011Revenue 2012: $53,363Expenses 2012: $52,762Net Income 2012: $6012012Revenue 2013: $44,735Expenses 2013: $37,561Net Income 2013: $7,1742013Revenue 2014: $50,023Expenses 2014: $42,669Net Income 2014: $7,3542014Revenue 2015: $68,135Expenses 2015: $62,709Net Income 2015: $5,4262015Revenue 2016: $90,254Expenses 2016: $71,758Net Income 2016: $18,4962016Revenue 2017: $100,609Expenses 2017: $94,058Net Income 2017: $6,5512017Revenue 2018: $161,714Expenses 2018: $122,281Net Income 2018: $39,4332018Revenue 2019: $173,453Expenses 2019: $115,836Net Income 2019: $57,6172019Revenue 2020: $137,943Expenses 2020: $149,024Net Income 2020: -$11,0812020Revenue 2021: $205,144Expenses 2021: $112,773Net Income 2021: $92,3712021Revenue 2022: $118,697Expenses 2022: $135,417Net Income 2022: -$16,7202022Revenue 2023: $144,314Expenses 2023: $180,213Net Income 2023: -$35,8992023Revenue 2024: $222,317Expenses 2024: $227,006Net Income 2024: -$4,6892024

Highlighted filing

2020

Revenue$137,943
Expenses$149,024
Net Income-$11,081
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 14, 2021
Return Version
2020v4.1
Gross Receipts
$137,943
Mission and Program Overview

Mission

Re-home at risk Beagles and Beagle Mixes

Program Services

DescriptionGrantsExpenses
Re-Home at Risk Beagles and Beagle Mixes$0$149,024
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nate ProvostPresidentPT$0--
Robert PriceTreasurer/SecretaryPT$0--
Maria WardenOfficerPT$0--
Filing and Contact Details

Filer

Filer Name
Tampa Bay Beagle Rescue Inc
EIN
11-3686021
Phone
7276427313
Address
P O Box 271772, Tampa, FL 33688-1772

Signing Officer

Name
Robert Price
Title
Treasurer
Phone
7276427313
Signed
2021-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Wanda Fitzpatrick MBA INC
Address
7818 Bullara Dr, Temple Terrace, FL 33637
Preparer
Wanda Fitzpatrick
Phone
7274526225
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

Dividend Income 73.

Form 990EZ, Part I, Line 16

Program Expenses 135027.

Form 990EZ, Part I, Line 16

Bank Expenses 1733.

Form 990EZ, Part I, Line 16

Advertising Expense 921.

Form 990EZ, Part I, Line 16

Interest Expense 2894.

Form 990EZ, Part I, Line 16

Donation Expense 1140.

Form 990EZ, Part I, Line 16

Insurance Expense 931.

Form 990EZ, Part I, Line 16

Office Expense 997.

Form 990EZ, Part I, Line 16

Tax & License 191.

Form 990EZ, Part I, Line 16

Website Expense 1695.

Raw XML Appendix185 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Robert Price
IRS990EZ/BooksInCareOfDetail/PhoneNum07276427313
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O Box 271772
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Tampa
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033688
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0143366
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0132285
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-11081
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0693
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0143366
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0132285
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0137943
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0143366
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0132285
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0143366
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0132285
IRS990EZ/OccupancyRentUtltsAndMaintAmt01253
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Nate Provost
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Robert Price
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Maria Warden
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer/Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Officer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt0145529
IRS990EZ/OtherRevenueTotalAmt073
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Re-Home at Risk Beagles and Beagle Mixes
IRS990EZ/PrintingPublicationsPostageAmt01549
IRS990EZ/ProgramServiceRevenueAmt0137870
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Re-Home at Risk Beagles and Beagle Mixes
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0149024
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0149024
IRS990EZ/TotalProgramServiceExpensesAmt0149024
IRS990EZ/TotalRevenueAmt0137943
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0137870
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0172855
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0128809
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0124938
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt093373
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0657845
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt073
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0112
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt095
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt076
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt058
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0414
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt073
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0112
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt095
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt058
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0414
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00070
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99940
IRS990ScheduleA/PublicSupportPY509Pct00.99930
IRS990ScheduleA/PublicSupportTotal509Amt0657845
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0137870
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0172855
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0128809
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0124938
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt093373
IRS990ScheduleA/Total509Grp/TotalAmt0657845
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0658259
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Dividend Income 73.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Program Expenses 135027.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank Expenses 1733.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Advertising Expense 921.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Interest Expense 2894.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Donation Expense 1140.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Insurance Expense 931.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Office Expense 997.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Tax & License 191.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Website Expense 1695.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0This was an oversight from the office of our accountant. They were focused on the deadline for individuals (1040), and overlooked our deadline was the same day/date. We are asking for an abatement of any penalties associated with this oversight, as it was not done intentionally.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Robert Price
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07276427313
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Tampa Bay Beagle Rescue Inc
ReturnHeader/Filer/BusinessNameControlTxt0TAMP
ReturnHeader/Filer/EIN0113686021
ReturnHeader/Filer/PhoneNum07276427313
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 271772
ReturnHeader/Filer/USAddress/CityNm0Tampa
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0336881772
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Wanda Fitzpatrick MBA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07818 Bullara Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Temple Terrace
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033637
ReturnHeader/PreparerPersonGrp/PhoneNum07274526225
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Wanda Fitzpatrick
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-14T17:33:25-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Robert
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Price
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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.$1.95$0.00$1.95$0.22$0.23$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.14$0.18$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.12$0.14$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.21$0.11$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.14$0.15$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.17$0.12$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.16$0.12$0.04
2017Summary only. Only limited summary data is available for this year.$0.11$0.00$0.10$0.09$0.01
2016Summary only. Only limited summary data is available for this year.$0.07$0.00$0.09$0.07$0.02
2015Summary only. Only limited summary data is available for this year.$0.06$0.00$0.07$0.06$0.01
2014Summary only. Only limited summary data is available for this year.$0.05$0.00$0.05$0.04$0.01
2013Summary only. Only limited summary data is available for this year.$0.05$0.00$0.04$0.04$0.01
2012Summary only. Only limited summary data is available for this year.$0.04$0.00$0.05$0.05$0.00
2011Summary only. Only limited summary data is available for this year.$0.04$0.00$0.05$0.04$0.01