Civic Intelligence

Hunter College High School Parents Teachers Association

990 • Fiscal year 2015 • EIN 13-3236281

Aug 01, 2014 to Jul 31, 2015 • Filed on Jun 14, 2016

71 East 94th StreetNew York, NY 10128

(212) 874-5495

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

17th percentile

0.00x

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

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Net Margin

78th percentile

18%

Higher net margin than 78% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

31st percentile

$0

Higher top officer pay than 31% of similar nonprofits.

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

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Asset Growth

80th percentile

28%

Faster asset growth than 80% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

69th percentile

15%

Faster revenue growth than 69% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$779,880

Up $171,488 (+28%) from 2014

Net Assets

Up

$779,880

Up $171,488 (+28%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$964,923

Up $128,572 (+15%) from 2014

Expenses

Down

$793,435

Down $77,999 (-9.0%) from 2014

Net Income

Up

$171,488

Up $206,571 (+589%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $680,131Liabilities 2011: $0Net Assets 2011: $680,1312011Assets 2012: $612,217Liabilities 2012: $0Net Assets 2012: $612,2172012Assets 2013: $643,475Liabilities 2013: $0Net Assets 2013: $643,4752013Assets 2014: $608,392Liabilities 2014: $0Net Assets 2014: $608,3922014Assets 2015: $779,880Liabilities 2015: $0Net Assets 2015: $779,8802015Assets 2016: $789,048Liabilities 2016: $0Net Assets 2016: $789,0482016Assets 2017: $932,730Liabilities 2017: $1,170Net Assets 2017: $931,5602017Assets 2018: $1,123,794Liabilities 2018: $32,014Net Assets 2018: $1,091,7802018Assets 2019: $1,171,361Liabilities 2019: $1,344Net Assets 2019: $1,170,0172019Assets 2020: $1,544,986Liabilities 2020: $5,685Net Assets 2020: $1,539,3012020Assets 2021: $1,825,934Liabilities 2021: $19,155Net Assets 2021: $1,806,7792021Assets 2022: $2,127,511Liabilities 2022: $60,798Net Assets 2022: $2,066,7132022Assets 2023: $1,921,461Liabilities 2023: $0Net Assets 2023: $1,921,4612023Assets 2024: $1,953,901Liabilities 2024: $0Net Assets 2024: $1,953,9012024

Highlighted filing

2015

Assets$779,880
Liabilities$0
Net Assets$779,880

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $768,953Expenses 2011: $700,551Net Income 2011: $68,4022011Expenses 2012: $889,3562012Revenue 2013: $864,159Expenses 2013: $832,901Net Income 2013: $31,2582013Revenue 2014: $836,351Expenses 2014: $871,434Net Income 2014: -$35,0832014Revenue 2015: $964,923Expenses 2015: $793,435Net Income 2015: $171,4882015Revenue 2016: $961,725Expenses 2016: $952,557Net Income 2016: $9,1682016Revenue 2017: $1,001,500Expenses 2017: $858,988Net Income 2017: $142,5122017Revenue 2018: $959,742Expenses 2018: $799,522Net Income 2018: $160,2202018Revenue 2019: $1,011,663Expenses 2019: $933,426Net Income 2019: $78,2372019Revenue 2020: $966,550Expenses 2020: $597,266Net Income 2020: $369,2842020Revenue 2021: $904,365Expenses 2021: $636,887Net Income 2021: $267,4782021Revenue 2022: $1,128,016Expenses 2022: $868,082Net Income 2022: $259,9342022Revenue 2023: $888,722Expenses 2023: $1,033,974Net Income 2023: -$145,2522023Revenue 2024: $1,097,327Expenses 2024: $1,064,887Net Income 2024: $32,4402024

Highlighted filing

2015

Revenue$964,923
Expenses$793,435
Net Income$171,488
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Jun 14, 2016
Return Version
2014v6.0
Gross Receipts
$1,032,051
Mission and Program Overview

Mission

to support hunter college high school's activities

To support hunter college high school's activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$608,392$779,880▲ $171,488
Savings and Temporary Cash Investments$444,627$464,116▲ $19,489
Cash and Non-Interest-Bearing Accounts$163,765$315,764▲ $151,999
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$608,392$779,880▲ $171,488
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$608,392$779,880▲ $171,488
Total Liabilities and Net Assets / Fund Balance$608,392$779,880▲ $171,488
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michele WeismanCo-president
Paul RadvanyCo-president
Reva FeinsteinCORRESPONDING SECT'Y
Ellie Chung GlusEvents Coordinator
Devi RamchandranGrades 11/12
Anna WaltersGrades 7/8
Kate GeissingerGrades 9/10
Rachel Christmas DerrickHunter Life
Yaniv HakohenIt Manager
Carol RosenthalLegal Counsel
Hayley GorenbergProgramming
Carin BarbanelRecording Secretary
Gila SeliciousTreasurer
Nancy OrensteinVolunteer Coordinator
Jeannie ParkVP Communications
Ruth FiresterVP External Affairs
Felicia LipsonVP Fundraising/finance
Revenue and Support

Revenue Composition

Contributions and Grants
$816,473
Program Service Revenue
$0
Investment Income
$2,989
Other Revenue
$145,461
All Other Contributions
$756,958
Change in Net Assets
$171,488

Audited Revenue Reconciliation

Revenue per Audited Statements
$964,923
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$964,923
Total Revenue per Form 990
$964,923
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$568,794
Other Expenses$224,641
Total Fundraising Expense$18,036
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$568,794--$568,794
All Other Expenses$15,816--$15,816
Other Expenses$14,650-$15,462$15,462
Conferences and Meetings$9,278--$9,278
Fees for Services Accounting-$7,260-$7,260
Office Expenses-$1,473$492$1,965
Insurance-$1,309$437$1,746
Total Functional Expenses$765,357$10,042$18,036$793,435

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$793,435
Total Expenses per Audited Statements$793,435
Total Expenses per Form 990$793,435
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hunter College High SchoolNew York, NY-Support Hs Activity$568,794
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$211,753
Fundraising Direct Expenses$67,128
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Benefit$191,389$191,389-$191,389
Fall Banquet$20,004$20,004-$20,004
Total Events$211,393$211,393$67,129$144,264
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Other officer compensation reviewed
No
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, Part VI, Section B, Line 11

Organization's process to review form 990 a copy of the tax return is delivered to the organization. It is reviewed by the treasurer and discussed with the pta executive board.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation the financial statements and governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Hunter College High School Pta Inc
EIN
13-3236281
Phone
2128745495
Address
71 EAST 94TH STREET, NEW YORK, NY 10128

Signing Officer

Name
Michele Weisman
Title
Co-president
Phone
2128745495
Signed
2016-06-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michele Weisman
Formed
1995
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
0

Preparer

Firm
Adelman Katz & Mond Llp
Address
230 WEST 41ST - SUITE 1500, NEW YORK, NY 10036-4015
Preparer
Jack E Gold CPA
Phone
2123820404
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IRS990/Form990PartVIISectionAGrp/TitleTxt3CO-PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt7IT MANAGER
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IRS990/OtherExpensesGrp/Desc1HIGH SCHOOL RENOVATIONS
IRS990/OtherExpensesGrp/Desc2PRINTING & PUBLICATIONS
IRS990/OtherExpensesGrp/Desc3FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt01645
IRS990/OtherExpensesGrp/FundraisingAmt115462
IRS990/OtherExpensesGrp/ProgramServicesAmt0119594
IRS990/OtherExpensesGrp/ProgramServicesAmt137225
IRS990/OtherExpensesGrp/ProgramServicesAmt214650
IRS990/OtherExpensesGrp/TotalAmt0119594
IRS990/OtherExpensesGrp/TotalAmt137225
IRS990/OtherExpensesGrp/TotalAmt216295
IRS990/OtherExpensesGrp/TotalAmt315462
IRS990/OtherRevenueMiscGrp/BusinessCd0523000
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0836
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0836
IRS990/OtherRevenueTotalAmt0836
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHELE WEISMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0CONTRIBUTIONS TO THE HUNTER COLLEGE HIGH SCHOOL PRINCIPAL'S FUND, WHICH SEPERATELY SUPPORTS THE SCHOOL'S ACTIVITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0568794
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0568794
IRS990/ProgSrvcAccomActy3Grp/Desc0VARIOUS MISCELLANEOUS ACTIVITIES
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt030466
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0802068
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0544826
IRS990/PYInvestmentIncomeAmt03050
IRS990/PYOtherExpensesAmt0326608
IRS990/PYOtherRevenueAmt031233
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-35083
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0871434
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0836351
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0171488
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0608392
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0779880
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0444627
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0464116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0816473
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0750363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0859270
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0840981
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0840981
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04108068
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02989
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03662
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04156
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0397
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt014254
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0836
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01624
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt033100
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt042077
IRS990ScheduleA/OtherIncome170Grp/TotalAmt077637
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97810
IRS990ScheduleA/PublicSupportPY170Pct00.97870
IRS990ScheduleA/PublicSupportTotal170Amt04108068
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0816473
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0750363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0859270
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0840981
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0840981
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04108068
IRS990ScheduleA/TotalSupportAmt04200106
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt0147
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0147
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0793435
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0964923
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0793435
IRS990ScheduleD/TotalRevenuePerForm990Amt0964923
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0964923
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0793435
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt067129
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRING BENEFIT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FALL BANQUET
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0191389
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt020004
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0211393
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0191389
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt020004
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0211393
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0144264
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt054501
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt012628
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt067129
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0568794
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT HS ACTIVITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HUNTER COLLEGE HIGH SCHOOL
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt071 EAST 94TH STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010128
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S PROCESS TO REVIEW FORM 990 A COPY OF THE TAX RETURN IS DELIVERED TO THE ORGANIZATION. IT IS REVIEWED BY THE TREASURER AND DISCUSSED WITH THE PTA EXECUTIVE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0608392
IRS990/TotalAssetsEOYAmt0779880
IRS990/TotalAssetsGrp/BOYAmt0608392
IRS990/TotalAssetsGrp/EOYAmt0779880
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0816473
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt018036
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010042
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0765357

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.00$1.95$1.10$1.06$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$0.89$1.03$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$0.06$2.07$1.13$0.87$0.26
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.83$0.02$1.81$0.90$0.64$0.27
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.01$1.54$0.97$0.60$0.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.00$1.17$1.01$0.93$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.03$1.09$0.96$0.80$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.00$0.93$1.00$0.86$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.00$0.79$0.96$0.95$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.96$0.79$0.17
2014Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.84$0.87$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.00$0.64$0.86$0.83$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.00$0.61$0.89
2011Summary only. Only limited summary data is available for this year.$0.68$0.00$0.68$0.77$0.70$0.07