Civic Intelligence

Center for Educational Innovation Inc

990 • Fiscal year 2020 • EIN 13-4113613

Jul 01, 2019 to Jun 30, 2020 • Filed on Sep 29, 2021

28 West 44th Street Suite 801New York, NY 10036

(212) 302-8800

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$3,405,547

Up $837,374 (+33%) from 2019

Net Assets

Down

$1,034,741

Down $631,345 (-38%) from 2019

Liabilities

Up

$2,370,806

Up $1,468,719 (+163%) from 2019

Revenue And Expenses

Revenue

Up

$4,962,238

Up $648,468 (+15%) from 2019

Expenses

Down

$5,593,583

Down $167,090 (-2.9%) from 2019

Net Income

Up

-$631,345

Up $815,558 (+56%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $5,409,031Liabilities 2010: $1,526,793Net Assets 2010: $3,882,2382010Assets 2011: $5,809,466Liabilities 2011: $1,938,732Net Assets 2011: $3,870,7342011Assets 2012: $6,930,207Liabilities 2012: $2,458,250Net Assets 2012: $4,471,9572012Assets 2013: $6,759,568Liabilities 2013: $1,895,938Net Assets 2013: $4,863,6302013Assets 2014: $8,724,733Liabilities 2014: $2,107,673Net Assets 2014: $6,617,0602014Assets 2015: $8,977,410Liabilities 2015: $1,075,190Net Assets 2015: $7,902,2202015Assets 2016: $6,897,403Liabilities 2016: $1,686,032Net Assets 2016: $5,211,3712016Assets 2017: $4,235,019Liabilities 2017: $1,812,704Net Assets 2017: $2,422,3152017Assets 2018: $4,191,747Liabilities 2018: $1,097,360Net Assets 2018: $3,094,3872018Assets 2019: $2,568,173Liabilities 2019: $902,087Net Assets 2019: $1,666,0862019Assets 2020: $3,405,547Liabilities 2020: $2,370,806Net Assets 2020: $1,034,7412020Assets 2020: $3,726,351Liabilities 2020: $2,149,585Net Assets 2020: $1,576,7662020Assets 2021: $3,305,790Liabilities 2021: $2,663,625Net Assets 2021: $642,1652021Assets 2022: $6,569,220Liabilities 2022: $1,961,518Net Assets 2022: $4,607,7022022Assets 2023: $6,508,266Liabilities 2023: $2,656,174Net Assets 2023: $3,852,0922023Assets 2024: $13,482,933Liabilities 2024: $5,644,765Net Assets 2024: $7,838,1682024

Highlighted filing

2020

Assets$3,405,547
Liabilities$2,370,806
Net Assets$1,034,741

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $11,281,0492010Revenue 2011: $7,279,946Expenses 2011: $7,316,050Net Income 2011: -$36,1042011Revenue 2012: $16,861,034Expenses 2012: $16,259,811Net Income 2012: $601,2232012Expenses 2013: $16,641,5322013Revenue 2014: $20,235,618Expenses 2014: $18,482,188Net Income 2014: $1,753,4302014Revenue 2015: $21,018,417Expenses 2015: $19,733,257Net Income 2015: $1,285,1602015Revenue 2016: $11,467,820Expenses 2016: $14,145,259Net Income 2016: -$2,677,4392016Revenue 2017: $8,557,845Expenses 2017: $10,693,460Net Income 2017: -$2,135,6152017Revenue 2018: $7,187,586Expenses 2018: $7,680,292Net Income 2018: -$492,7062018Revenue 2019: $4,313,770Expenses 2019: $5,760,673Net Income 2019: -$1,446,9032019Revenue 2020: $4,962,238Expenses 2020: $5,593,583Net Income 2020: -$631,3452020Revenue 2020: $5,070,971Expenses 2020: $5,128,054Net Income 2020: -$57,0832020Revenue 2021: $4,609,505Expenses 2021: $4,531,184Net Income 2021: $78,3212021Revenue 2022: $15,275,967Expenses 2022: $11,310,430Net Income 2022: $3,965,5372022Revenue 2023: $8,508,472Expenses 2023: $9,264,195Net Income 2023: -$755,7232023Revenue 2024: $13,352,249Expenses 2024: $14,263,298Net Income 2024: -$911,0492024

Highlighted filing

2020

Revenue$4,962,238
Expenses$5,593,583
Net Income-$631,345
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Sep 29, 2021
Return Version
2019v5.2
Gross Receipts
$5,144,765
Mission and Program Overview

Mission

Effective public education is essential to the success of a democratic society. The mission of center for educational innovation (cei) is threefold: 1) assist public schools in new york city and other communities in improving the quality of publiceducation. Our professional experience and expertise help schools to create more productive environments in which students thriveacademically, socially and emotionally. With our support, schools develop better leadership, better teaching and better systems ofaccountability; 2) based upon cei's work with individual schools,advocate for policies and practices that will lead to successful schools; 3) provide information to the public about the importanceof quality public education and the means of achieving it. To thoseends, cei assists large schools to restructure into sets of smaller learning communities, works with teams to create and develop charter schools, trains principals in effective leadership skills,and facilitates collaboration betwee

To support initiatives that will provide a quality education to children in nyc and other communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$968,804$1,890,582▲ $921,778
Savings and Temporary Cash Investments$1,045,576$975,056▼ $70,520
Investments in Publicly Traded Securities$502,318$495,124▼ $7,194
Land, Buildings, and Equipment, Net$23,467$28,307▲ $4,840
Prepaid Expenses and Deferred Charges$27,600$16,478▼ $11,122
Cash and Non-Interest-Bearing Accounts$408$0▼ $408
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$2,568,173$3,405,547▲ $837,374
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$308,264$1,960,106▲ $1,651,842
Other Liabilities$593,823$410,700▼ $183,123
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$902,087$2,370,806▲ $1,468,719
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,625,127$914,504▼ $710,623
Net Assets With Donor Restrictions$40,959$120,237▲ $79,278
Total Net Assets Fund Balance$1,666,086$1,034,741▼ $631,345
Total Liabilities and Net Assets / Fund Balance$2,568,173$3,405,547▲ $837,374

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,688$58,578$62,266
Other Land Buildings$14,858$21,465$36,323
Leasehold Improvements$9,761$10,251$20,012
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael KohlhagenChief Executive OfficerFT$198,450$198,450

Board Members and Trustees

NameTitle
Juldy Roth BerkowitzChairperson
Seymour FliegelPresident
Anthony Coles EsqTrustee
Gail BadilloTrustee
Gelnn AbbottTrustee
Mary Ellen FahsTrustee
Norman SbenzaquenTrustee
Pat DuffTrustee
Robert SanchoTrustee
Ruchi HazarayTrustee
Cory CottoChief Operating Officer
Allan MelennanOfficer
Russell HernandezOfficer
Donald CecilTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Alice P Bartley PhdEducation Consulting28 WEST 44TH STREET, New York, NY 10036$187,469
Revenue and Support

Revenue Composition

Contributions and Grants
$1,953,857
Program Service Revenue
$3,154,421
Investment Income
$22
Other Revenue
$-146,062
All Other Contributions
$149,574
Change in Net Assets
$-631,345

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,962,238
Total Revenue per Audited Statements
$4,962,238
Total Revenue per Form 990
$4,962,238
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,793,987
Salaries, Compensation, and Employee Benefits$2,776,274
Total Fundraising Expense$313,091
Grants and Similar Amounts Paid$23,322
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,560,844$446,042$191,308$2,198,194
Fees for Services Other$1,169,909$363,275$58,434$1,591,618
Occupancy$14,099$303,814-$317,913
Payroll Taxes$140,096$66,713$15,566$222,375
Comp Disqual Persons$141,515$39,845$17,090$198,450
Fees for Services Lobbying$158,858--$158,858
Other Employee Benefits$122,386$22,941$11,928$157,255
All Other Expenses$115,928$21,296$9,532$146,756
Conferences and Meetings$67,266$13,834$6,000$87,100
Travel$43,667$29,132$269$73,068
Information Technology$10,769$14,733-$25,502
Grants to Domestic Orgs$23,322--$23,322
Other Expenses$9,570$10,926$924$21,420
Depreciation Depletion-$10,946-$10,946
Insurance-$9,532-$9,532
Total Functional Expenses$3,631,044$1,649,448$313,091$5,593,583

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,593,583
Total Expenses per Audited Statements$5,593,583
Total Expenses per Form 990$5,593,583
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Frederick Douglass AcademyNew York, NY-After School Program.$22,722
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$182,527
Fundraising Gross Income$36,465
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$596,730$560,265$182,527$377,738
Total Events$596,730$560,265$182,527$377,738
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$260,700
Loan Payable$150,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
Conflict-of-interest policy
Yes
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 11B

A draft of irs form 990 was discussed and reviewed with the board of trustees' finance/audit committee. Subsequently it was provided to the full board of trustees for review, discussion, and notation of proposed changes. The business office is responsible for the preparation of form 990, and presented the document to both the finance/audit and administrative committee and board of trustees. A final copy was distributed to all members of the board of trustees.

Form 990 Part VI, Section B, Line 12C

On an annual basis, any conflict of interest concerns are reviewed and resolved all board members, officers, key employees, and program directors are required to complete, and sign, a disclosure statement, which is reviewed by the president and ceo. All real/potential conflicts will be addressed on a case-by-case basis with the member in conflict excused from voting. There were no situations of this nature for the 2020 fiscal year.

Form 990, Part VI Section B, Line 15A

Compensation of cei's ceo is based upon a compensation report. This was last prepared and presented for review in fiscal year 2019.

Form 990, Part VI, Section C, Line 13

These documents are availabe upon request.

Filing and Contact Details

Filer

Filer Name
Center for Educational Innovation
EIN
13-4113613
In Care Of
% YVONNE BENTICK
Phone
2123028800
Address
28 WEST 44TH STREET SUITE 801, NEW YORK, NY 10036

Signing Officer

Name
Michael Kohlhagen
Title
Chief Exe.officer
Phone
2123028800
Signed
2021-09-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Kohlhagen
Formed
2000
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
13
Employees
83
Volunteers
0

Preparer

Firm
Fulvio & Associates Llp
Address
5 W 37th Street 4th Fl, NEW YORK, NY 10018
Preparer
Gennaro J Fulvio
Phone
2124903113
Supplemental Narrative

Additional Explanations

PART III , LINE -ORGANIZATION'S MISSION

Effective public education is essential to the success of a democratic society. The mission of center for educational innovation (cei) is threefold: 1) assist public schools in new york city and other communities in improving the quality of public education. Our professional experience and expertise help schools to create more productive environments in which students thrive academically, socially and emotionally. With our support, schools develop better leadership, better teaching and better systems of accountability; 2) based upon cei's work with individual schools, advocate for policies and practices that will lead to successful schools; 3) provide information to the public about the importance of quality public education and the means of achieving it. To those ends, cei assists large schools to restructure into sets of smaller learning communities, works with teams to create and develop charter schools, trains principals in effective leadership skills, and facilitates collaboration between traditional public schools and independent charter schools.

Form 990 Part IX Line 11G

Description:program consulting services total fees:1591618

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IRS990/Desc0PARTNERSHIP FOR INNOVATION IN COMPENSATION FOR CHARTER SCHOOLS (TIF/PICCS)- THROUGH THE PICCS PROGRAM CEI HAS BEEN ABLE TO SUPPORT EDUCATORS AND SCHOOL LEADERS TO BECOME HIGHLY EFFECTIVE PROFESSIONALS IN THE FOLLOWING WAYS - FOSTER AUTHENTIC COLLABORATION AT ALL LEVELS OF THE SCHOOL THROUGH PROFESSIONAL LEARNING COMMUNITIES (PLCS) THAT USE DATA TO RESEARCH STUDENT LEARNING CHALLENGES AND CREATE SHARED ACTION STRATEGIES - SUPPORT TEACHER EFFECTIVENESS THROUGH OBSERVATIONS USING THE DANIELSON FRAMEWORK - SUPPORT PRINCIPAL EFFECTIVENESS THROUGH THE USE OF THE VANDERBILT ASSESSMENT OF LEADERSHIP IN EDUCATION (VAL-ED) -PROVIDE A COMPREHENSIVE EDUCATOR AND SCHOOL LEADER EVALUATION SYSTEM THAT INTEGRATES MEASURES OF PROFESSIONAL PRACTICE AND STUDENT OUTCOMES TO PROVIDE EDUCATORS WITH AN ANNUAL REVIEW TIEDTO COMPENSATION - OFFER EXTENSIVE PROFESSIONAL DEVELOPMENT AND A STRUCTURE TO PARTICIPATE IN INSTRUCTIONAL ROUNDS ACROSS AND WITHIN SCHOOLS - ASSIST SCHOOLS IN CREATING A PERFORMANCE-BASED SALARY SCHEDULE AND TEACHER CAREER LADDER THAT ALLOWS EFFECTIVE TEACHERS TO ADVANCE THEIR CAREER WITHOUT LEAVING THE CLASSROOM - HONE THE INSTRUCTIONAL AND LEADERSHIP EXPERTISE NEEDED TO DRAMATICALLY IMPROVE STUDENT ACHIEVEMENT, REWARDING OUR MOST EFFECTIVE EDUCATORS, AND ACHIEVING HIGH LEVELS OF PERFORMANCE FOR ALL STUDENTS AND TEACHERS.
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IRS990/Form990PartVIISectionAGrp/PersonNm3MARY ELLEN FAHS
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IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT SANCHO
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IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT
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IRS990/MissionDesc0EFFECTIVE PUBLIC EDUCATION IS ESSENTIAL TO THE SUCCESS OF A DEMOCRATIC SOCIETY. THE MISSION OF CENTER FOR EDUCATIONAL INNOVATION (CEI) IS THREEFOLD: 1) ASSIST PUBLIC SCHOOLS IN NEW YORK CITY AND OTHER COMMUNITIES IN IMPROVING THE QUALITY OF PUBLICEDUCATION. OUR PROFESSIONAL EXPERIENCE AND EXPERTISE HELP SCHOOLS TO CREATE MORE PRODUCTIVE ENVIRONMENTS IN WHICH STUDENTS THRIVEACADEMICALLY, SOCIALLY AND EMOTIONALLY. WITH OUR SUPPORT, SCHOOLS DEVELOP BETTER LEADERSHIP, BETTER TEACHING AND BETTER SYSTEMS OFACCOUNTABILITY; 2) BASED UPON CEI'S WORK WITH INDIVIDUAL SCHOOLS,ADVOCATE FOR POLICIES AND PRACTICES THAT WILL LEAD TO SUCCESSFUL SCHOOLS; 3) PROVIDE INFORMATION TO THE PUBLIC ABOUT THE IMPORTANCEOF QUALITY PUBLIC EDUCATION AND THE MEANS OF ACHIEVING IT. TO THOSEENDS, CEI ASSISTS LARGE SCHOOLS TO RESTRUCTURE INTO SETS OF SMALLER LEARNING COMMUNITIES, WORKS WITH TEAMS TO CREATE AND DEVELOP CHARTER SCHOOLS, TRAINS PRINCIPALS IN EFFECTIVE LEADERSHIP SKILLS,AND FACILITATES COLLABORATION BETWEE
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IRS990/PrincipalOfficerNm0MICHAEL KOHLHAGEN
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IRS990/ProgSrvcAccomActy2Grp/Desc0PUBLIC SCHOOL PROFESSIONAL SERVICES- CUSTOMIZED SERVICES,EMBEDDED PROFESSIONAL COACHING, MENTORING, TECHNICAL ASSISTANCE AND PROFESSIONAL LEARNING FOR TEACHERS AND SCHOOL LEADERS TO FACILITATE THE TURNAROUND OF LOW PERFORMING SCHOOOLS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0PROJECT BOOST (BUILDING OPTIONS AND OPPORTUNITIES FOR STUDENTS)IS ONE OF CEI'S OLDEST PROGRAMS, WHICH TARGETS ELEMENTARY AND MIDDLE SCHOOL STUDENTS IN 5TH THROUGH 9TH GRADE WHO HAVE DEMONSTRATED ACADEMIC TALENTS BUT DO NOT HAVE THE FINANCIAL RESOURCES NECESSARY TO CULTIVATE AND ENRICH THEIR ACADEMIC QUALITY. THE OVERALL GOAL OF THE PROGRAM IS TO ASSIST AND TO INSPIRE PARTICIPATING STUDENTSIN GAINING ADMISSION TO THE HIGH-QUALITY HIGH SCHOOLS. CEI OFFERS A TRIANGLE OF SERVICES TO BUILD ACADEMIC, CULTURAL, SOCIAL AND SERVICE SKILLS NECESSARY FOR LONG-TERM STUDENT GROWTH, ACADEMIC ENRICHMENT, CULTURAL ENRICHMENT AND COMMUNITY SERVICE. OVER THE PAST TEN YEARS OF ITS OPERATION, PROJECT BOOST HAS GROWN TO INCLUDE A WIDE RANGE OF ACTIVITIES AND RESOURCES THROUGH PARTNERSHIPS WITH SOME OF NYC'S FINEST ACADEMIC, SOCIAL, AND CULTURAL INSTITUTIONS. PROJECT BOOST ALSO ENCOURAGES THE STUDENT TO TAKE FULL ADVANTAGE OF THE OPPORTUNITIES AFFORDED TO THEM, BUT ALSO EMPHASIZES THE NEED TO GIVE BACK TO THE COMMUNITIES. STUDENTS ARE TAUGHT THAT REGARDLESS OF THEIR SOCIO-ECONOMIC BACKGROUND, THEY CAN MAKE FUNDAMENTAL CONTRIBUTIONS TO SOCIETY BY GIVING OF THEMSELVES THROUGH SERVICE. IN ADDITION , THORUGH THE EARLY STAGES PROGRAM, PROJECT BOOST HAS PROVIDED FREE AND SIGNIFICANTLY REDUCED-COSTTHEATRE TICKETS TO UNDERSERVED SCHOOLS AND THEIR STUDENTS. THIS HAS AFFORDED THE OPPORTUNITY FOR EXPOSURE TO THE PERFORMING ARTS, WHICH INCLUDED ATTENDANCE AT NYC'S MOST RENOWNED PERFORMING ARTS VENUES, SUCH AS BROADWAY THEATRES, LINCOLN CENTER, AND CARNEGIE HALL, AND TO PROVIDE MULTIPLE OPPORTUNITIES FOR STUDENTS TO RESPOND TO THE THEATRE THROUGH WORKSHOPS, DISCUSSIONS, AND WRITING (SINCE ITSINCEPTION OVER 5,000 TICKETS HAVE BEEN MADE AVAILABLE TOSTUDENTS). TO ACCOMPLISH THE GOALS OF PROJECT BOOST, THE PROGRAM IN ADDITION, THROUGH THE EARLY STAGES PROGRAM ,PROJECT BOOST HAS PROVIDES FUNDING FOR CULTURAL ENRICHMENT EXPERIENCES, TEST PREPARATION, ACADEMIC GUIDANCE, COLLEGE VISITATIONS, AND COMMUNITY SERVICE OPPORTUNITIES.
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IRS990/PYTotalRevenueAmt04313770

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.5$5.64$7.84$13.4$14.3$0.91
2023Detailed filing. Detailed filing data is available for this year.$6.51$2.66$3.85$8.51$9.26$0.76
2022Detailed filing. Detailed filing data is available for this year.$6.57$1.96$4.61$15.3$11.3$3.97
2021Detailed filing. Detailed filing data is available for this year.$3.31$2.66$0.64$4.61$4.53$0.08
2020Detailed filing. Detailed filing data is available for this year.$3.73$2.15$1.58$5.07$5.13$0.06
2020Detailed filing. Detailed filing data is available for this year.$3.41$2.37$1.03$4.96$5.59$0.63
2019Detailed filing. Detailed filing data is available for this year.$2.57$0.90$1.67$4.31$5.76$1.45
2018Detailed filing. Detailed filing data is available for this year.$4.19$1.10$3.09$7.19$7.68$0.49
2017Detailed filing. Detailed filing data is available for this year.$4.24$1.81$2.42$8.56$10.7$2.14
2016Detailed filing. Detailed filing data is available for this year.$6.90$1.69$5.21$11.5$14.1$2.68
2015Summary only. Only limited summary data is available for this year.$8.98$1.08$7.90$21.0$19.7$1.29
2014Detailed filing. Detailed filing data is available for this year.$8.72$2.11$6.62$20.2$18.5$1.75
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.76$1.90$4.86$16.6
2012Summary only. Only limited summary data is available for this year.$6.93$2.46$4.47$16.9$16.3$0.60
2011Summary only. Only limited summary data is available for this year.$5.81$1.94$3.87$7.28$7.32$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.41$1.53$3.88$11.3