Civic Intelligence

Afb Special Fund Inc.

990 • Fiscal year 2014 • EIN 13-3532760

Jul 01, 2013 to Jun 30, 2014 • Filed on Dec 01, 2014

2 Penn Plaza No 1102Huntington, WV 10121

(212) 502-7600

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.02x

Higher debt load relative to assets than 42% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

64th percentile

0.11x

Higher debt load relative to revenue than 64% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

3rd percentile

-101%

Higher net margin than 3% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

10th percentile

-17%

Faster asset growth than 10% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

68th percentile

16%

Faster revenue growth than 68% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$803,172

Down $164,034 (-17%) from 2013

Net Assets

Down

$785,461

Down $161,123 (-17%) from 2013

Liabilities

Down

$17,711

Down $2,911 (-14%) from 2013

Revenue

Up

$158,877

Up $22,039 (+16%) from 2013

Expenses

Up

$320,000

Up $220,000 (+220%) from 2013

Net Income

Down

-$161,123

Down $197,961 (-537%) from 2013

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 2010: $1,526,272Liabilities 2010: $362,689Net Assets 2010: $1,163,5832010Assets 2011: $1,406,180Liabilities 2011: $458,263Net Assets 2011: $947,9172011Assets 2012: $930,639Liabilities 2012: $20,893Net Assets 2012: $909,7462012Assets 2013: $967,206Liabilities 2013: $20,622Net Assets 2013: $946,5842013Assets 2014: $803,172Liabilities 2014: $17,711Net Assets 2014: $785,4612014Assets 2015: $834,470Liabilities 2015: $17,711Net Assets 2015: $816,7592015Assets 2016: $702,302Liabilities 2016: $17,711Net Assets 2016: $684,5912016Assets 2017: $678,388Liabilities 2017: $2,909Net Assets 2017: $675,4792017Assets 2018: $1,150,443Liabilities 2018: $69,074Net Assets 2018: $1,081,3692018Assets 2019: $1,113,553Liabilities 2019: $157,195Net Assets 2019: $956,3582019Assets 2020: $931,552Liabilities 2020: $109,355Net Assets 2020: $822,1972020Assets 2021: $874,358Liabilities 2021: $17,841Net Assets 2021: $856,5172021Assets 2022: $824,883Liabilities 2022: $4,104Net Assets 2022: $820,7792022Assets 2023: $898,692Liabilities 2023: $55,781Net Assets 2023: $842,9112023Assets 2024: $1,938,514Liabilities 2024: $89,242Net Assets 2024: $1,849,2722024

Highlighted filing

2014

Assets$803,172
Liabilities$17,711
Net Assets$785,461

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,003,8242010Expenses 2011: $326,0002011Expenses 2012: $205,1172012Revenue 2013: $136,838Expenses 2013: $100,000Net Income 2013: $36,8382013Revenue 2014: $158,877Expenses 2014: $320,000Net Income 2014: -$161,1232014Revenue 2015: $181,298Expenses 2015: $150,000Net Income 2015: $31,2982015Revenue 2016: $192,832Expenses 2016: $325,000Net Income 2016: -$132,1682016Revenue 2017: $220,724Expenses 2017: $229,836Net Income 2017: -$9,1122017Revenue 2018: $224,879Expenses 2018: $216,165Net Income 2018: $8,7142018Revenue 2019: $263,110Expenses 2019: $388,121Net Income 2019: -$125,0112019Revenue 2020: $284,164Expenses 2020: $418,325Net Income 2020: -$134,1612020Revenue 2021: $249,251Expenses 2021: $214,931Net Income 2021: $34,3202021Revenue 2022: $264,262Expenses 2022: $300,000Net Income 2022: -$35,7382022Revenue 2023: $323,810Expenses 2023: $301,677Net Income 2023: $22,1332023Revenue 2024: $344,133Expenses 2024: $375,953Net Income 2024: -$31,8202024

Highlighted filing

2014

Revenue$158,877
Expenses$320,000
Net Income-$161,123
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Dec 1, 2014
Return Version
2013v3.0
Gross Receipts
$158,877
Mission and Program Overview

Mission

Afb special fund inc. Was founded in 1989 as a supporting organization to the american foundation for the blind inc. Afb special fund inc. Plans to provide program services for blind or visually impaired individuals as well as funding to the american foundation for the blind inc.

Afb special fund, inc. Was founded in 1989 as a supporting organization to the american foundation for the blind, inc. Afb special fund, inc. Plans to provide program services for blind or visually impaired individuals as well as funding to the american foundation for the blind, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$562,871$401,748▼ $161,123
Investments Other Securities$401,424$401,424→ $0
Cash and Non-Interest-Bearing Accounts$2,911--
Total Assets$967,206$803,172▼ $164,034
Liabilities
Accounts Payable and Accrued Expenses$17,713$14,802▼ $2,911
Other Liabilities$2,909$2,909→ $0
Total Liabilities$20,622$17,711▼ $2,911
Net Assets / Fund Balance
Unrestricted Net Assets$720,290$719,073▼ $1,217
Temporarily Rstr Net Assets$226,294$66,388▼ $159,906
Total Net Assets Fund Balance$946,584$785,461▼ $161,123
Total Liabilities and Net Assets / Fund Balance$967,206$803,172▼ $164,034

Asset Categories

AssetBook ValueDepreciationBasis
Closely Held Equity Interests$401,424--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$156,114
Other Revenue
$2,763
Change in Net Assets
$-161,123
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$320,000
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$320,000--$320,000
Total Functional Expenses$320,000$0$0$320,000
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
13-5562161-501(c)(3)To Help Fund Their Work of Providing Assistance to People With Vision Loss.$320,000
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 American Foundation for the Blind, Inc.$2,909
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

A draft of form 990 is provided to the audit committee, and any other board member that wishes to view it. All suggested corrections/revisions are made to the form and a final version is made available to aforementioned group. All agree the form is ready to file, the cpa firm filing on behalf of afb delivers a signature ready form for afb's cfo, which is signed and filed.

Form 990, Part VI, Section B, Line 12C

The conflict of interest disclosure forms are completed on an annual basis as part of a process overseen by the audit committee

Form 990, Part VI, Section C, Line 19

Financial statements are made available through the published annual report.

Filing and Contact Details

Filer

EIN
13-3532760
Phone
2125027600

Signing Officer

Name
Rick Bozeman
Title
CFO & Assistant Treasurer
Phone
2125027600
Signed
2014-12-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carl Augusto
Formed
1989
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Preparer
Aaron J Heighton CPA
Phone
3046975700
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

Afb special fund, inc. Prepares consolidated financial statements. Audit committee assumes the responsibility for oversight of the audit of afb special fund's consolidated financial statements and selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

The foundation adopted the provisions of fasb accounting standards codification no. 740-10, "accounting for uncertainty in income taxes" on july 1, 2009. With few exceptions, neither entity is subject to u.s. Federal or state income tax examinations by tax authorities for years before 2010. Management is of the opinion that neither entity has any material uncertain tax positions and, accordingly, recognizes no liability for unrecognized benefits.

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

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AMERICAN FOUNDATION FOR THE BLIND, INC.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION ADOPTED THE PROVISIONS OF FASB ACCOUNTING STANDARDS CODIFICATION NO. 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ON JULY 1, 2009. WITH FEW EXCEPTIONS, NEITHER ENTITY IS SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2010. MANAGEMENT IS OF THE OPINION THAT NEITHER ENTITY HAS ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, RECOGNIZES NO LIABILITY FOR UNRECOGNIZED BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO HELP FUND THEIR WORK OF PROVIDING ASSISTANCE TO PEOPLE WITH VISION LOSS.
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AFB SPECIAL FUND, INC. IS A SUPPORT ORGANIZATION FOR THE AMERICAN FOUNDATION FOR THE BLIND, INC. AFB SPECIAL FUND PROVIDES GRANTS AND ASSISTANCE SOLELY TO AMERICAN FOUNDATION FOR THE BLIND, INC.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE, AND ANY OTHER BOARD MEMBER THAT WISHES TO VIEW IT. ALL SUGGESTED CORRECTIONS/REVISIONS ARE MADE TO THE FORM AND A FINAL VERSION IS MADE AVAILABLE TO AFOREMENTIONED GROUP. ALL AGREE THE FORM IS READY TO FILE, THE CPA FIRM FILING ON BEHALF OF AFB DELIVERS A SIGNATURE READY FORM FOR AFB'S CFO, WHICH IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST DISCLOSURE FORMS ARE COMPLETED ON AN ANNUAL BASIS AS PART OF A PROCESS OVERSEEN BY THE AUDIT COMMITTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH THE PUBLISHED ANNUAL REPORT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AFB SPECIAL FUND, INC. PREPARES CONSOLIDATED FINANCIAL STATEMENTS. AUDIT COMMITTEE ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF AFB SPECIAL FUND'S CONSOLIDATED FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10AMERICAN FOUNDATION FOR THE BLIND INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0135562161
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0VISUAL SUPPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine102 PENN PLAZA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode010121
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0320000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10AMERICAN FOUNDATION FOR THE BLIND INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0226294
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt066388
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0967206
IRS990/TotalAssetsEOYAmt0803172
IRS990/TotalAssetsGrp/BOYAmt0967206
IRS990/TotalAssetsGrp/EOYAmt0803172
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0320000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0320000
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020622
IRS990/TotalLiabilitiesEOYAmt017711
IRS990/TotalLiabilitiesGrp/BOYAmt020622
IRS990/TotalLiabilitiesGrp/EOYAmt017711
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0946584
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0785461
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0320000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0158877
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0158877
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0967206
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0803172
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0720290
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0719073
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine102 PENN PLAZA NO 1102
IRS990/USAddress/City0NEW YORK
IRS990/USAddress/State0NY
IRS990/USAddress/ZIPCode010121
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICK BOZEMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO & ASSISTANT TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02125027600
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-12-01
ReturnHeader/Filer/BusinessName/BusinessNameLine10AFB SPECIAL FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0AFBS
ReturnHeader/Filer/EIN0133532760
ReturnHeader/Filer/PhoneNum02125027600
ReturnHeader/Filer/USAddress/AddressLine102 PENN PLAZA NO 1102
ReturnHeader/Filer/USAddress/City0NEW YORK
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode010121
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371496963
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10HAYFLICH CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine108 STONECREST DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0HUNTINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0WV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode025701
ReturnHeader/PreparerPersonGrp/PhoneNum03046975700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AARON J HEIGHTON CPA
ReturnHeader/ReturnTs02014-12-11T16:09:34-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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.$1.94$0.09$1.85$0.34$0.38$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.90$0.06$0.84$0.32$0.30$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.26$0.30$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.87$0.02$0.86$0.25$0.21$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.93$0.11$0.82$0.28$0.42$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.11$0.16$0.96$0.26$0.39$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.15$0.07$1.08$0.22$0.22$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.22$0.23$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.70$0.02$0.68$0.19$0.33$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.83$0.02$0.82$0.18$0.15$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.80$0.02$0.79$0.16$0.32$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.02$0.95$0.14$0.10$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.02$0.91$0.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.46$0.95$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.36$1.16$2.00