Civic Intelligence

Montessori Training and Research Center of Dallas

990 • Fiscal year 2015 • EIN 20-0088952

Jul 01, 2014 to Jun 30, 2015 • Filed on Sep 15, 2015

13612 Midway RdDallas, TX 75244

(214) 503-6802

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

92nd percentile

51%

Higher net margin than 92% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

67th percentile

$52,032

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

94th percentile

113%

Faster asset growth than 94% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

86th percentile

44%

Faster revenue growth than 86% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$549,419

Up $291,616 (+113%) from 2014

Net Assets

Up

$549,419

Up $293,624 (+115%) from 2014

Liabilities

Down

$0

Down $2,008 (-100%) from 2014

Revenue

Up

$574,712

Up $176,599 (+44%) from 2014

Expenses

Up

$281,088

Up $52,241 (+23%) from 2014

Net Income

Up

$293,624

Up $124,358 (+73%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $153,619Liabilities 2011: $02011Assets 2012: $127,922Liabilities 2012: $02012Assets 2013: $86,529Liabilities 2013: $0Net Assets 2013: $86,5292013Assets 2014: $257,803Liabilities 2014: $2,008Net Assets 2014: $255,7952014Assets 2015: $549,419Liabilities 2015: $0Net Assets 2015: $549,4192015Assets 2016: $748,105Liabilities 2016: $13,805Net Assets 2016: $734,3002016Assets 2017: $1,410,932Liabilities 2017: $2,087Net Assets 2017: $1,408,8452017Assets 2018: $1,863,286Liabilities 2018: $23,132Net Assets 2018: $1,840,1542018Assets 2019: $2,044,754Liabilities 2019: $10,992Net Assets 2019: $2,033,7622019Assets 2020: $2,506,887Liabilities 2020: $27,432Net Assets 2020: $2,479,4552020Assets 2021: $3,170,861Liabilities 2021: $927,677Net Assets 2021: $2,243,1842021Assets 2022: $2,865,874Liabilities 2022: $1,028,657Net Assets 2022: $1,837,2172022Assets 2023: $3,441,276Liabilities 2023: $927,538Net Assets 2023: $2,513,7382023Assets 2024: $4,363,390Liabilities 2024: $2,214,284Net Assets 2024: $2,149,1062024

Highlighted filing

2015

Assets$549,419
Liabilities$0
Net Assets$549,419

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $181,842Expenses 2011: $162,611Net Income 2011: $19,2312011Revenue 2012: $188,718Expenses 2012: $206,360Net Income 2012: -$17,6422012Revenue 2013: $199,944Expenses 2013: $241,337Net Income 2013: -$41,3932013Revenue 2014: $398,113Expenses 2014: $228,847Net Income 2014: $169,2662014Revenue 2015: $574,712Expenses 2015: $281,088Net Income 2015: $293,6242015Revenue 2016: $614,987Expenses 2016: $430,106Net Income 2016: $184,8812016Revenue 2017: $1,259,904Expenses 2017: $585,359Net Income 2017: $674,5452017Revenue 2018: $1,317,079Expenses 2018: $885,770Net Income 2018: $431,3092018Revenue 2019: $1,339,791Expenses 2019: $1,146,184Net Income 2019: $193,6072019Revenue 2020: $2,026,484Expenses 2020: $1,578,160Net Income 2020: $448,3242020Revenue 2021: $1,277,613Expenses 2021: $1,513,884Net Income 2021: -$236,2712021Revenue 2022: $1,442,170Expenses 2022: $1,757,279Net Income 2022: -$315,1092022Revenue 2023: $2,488,628Expenses 2023: $1,798,434Net Income 2023: $690,1942023Revenue 2024: $1,693,428Expenses 2024: $2,022,628Net Income 2024: -$329,2002024

Highlighted filing

2015

Revenue$574,712
Expenses$281,088
Net Income$293,624
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 15, 2015
Return Version
2014v5.0
Gross Receipts
$574,712
Mission and Program Overview

Mission

Mint exists to better the lives of all children through ami accredited teacher training programs and to expand the awareness of montessori principles in society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$113,331$335,219▲ $221,888
Cash and Non-Interest-Bearing Accounts$120,716$192,844▲ $72,128
Land, Buildings, and Equipment, Net$21,178$21,356▲ $178
Prepaid Expenses and Deferred Charges$2,578--
Total Assets$257,803$549,419▲ $291,616
Liabilities
Accounts Payable and Accrued Expenses$2,008--
Total Liabilities$2,008$0▼ $2,008
Net Assets / Fund Balance
Temporarily Rstr Net Assets$72,091$304,076▲ $231,985
Unrestricted Net Assets$183,704$245,343▲ $61,639
Total Net Assets Fund Balance$255,795$549,419▲ $293,624
Total Liabilities and Net Assets / Fund Balance$257,803$549,419▲ $291,616

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$21,356$1,927-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Larry QuadeDirector of Primary TrainingFT$52,032$52,032
Mary Caroline ParkerExecutive DirectorFT$38,308$38,308
Uma RamaniDirector of Primary TrainingFT$29,579$29,579

Board Members and Trustees

NameTitle
Kathleen MuirheadPresident
Carol DemlowVice President
Barbara GordonDirector
Charlane BaccusDirector
Christopher SimonDirector
Jodi CampbellDirector
Peggy LarsonSecretary
Patricia MillerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$392,317
Program Service Revenue
$182,307
Investment Income
$88
Other Revenue
$0
All Other Contributions
$392,317
Change in Net Assets
$293,624
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$195,167
Other Expenses$79,971
Total Fundraising Expense$14,049
Grants and Similar Amounts Paid$5,950
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$87,358$28,731$3,830$119,919
Other Salaries and Wages$52,254$7,767$1,553$61,574
Occupancy$18,540$6,180$2,747$27,467
Payroll Taxes$10,518$2,750$406$13,674
Fees for Services Accounting-$8,145$2,036$10,181
All Other Expenses$9,356--$9,356
Royalties$7,712--$7,712
Office Expenses$3,028$3,027$673$6,728
Grants to Domestic Individuals$5,950--$5,950
Other Expenses$4,927--$4,927
Insurance$2,704$901$401$4,006
Advertising--$2,403$2,403
Depreciation Depletion$1,021--$1,021
Conferences and Meetings$549$425-$974
Total Functional Expenses$209,113$57,926$14,049$281,088
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Among our board members, Carol Demlow is Barbara Gordon's daughter; and Peggy Larson and C. J. Simon are both employees of the same school. None of these board members are compensated by MINT; and none engage in any business transactions.

Form 990 governing body review Part VI line 11

Form 990, Part VI, Line 11b - Organization's Process to Review Form 990 -The Executive Director and one or more members of the Board of Directors review Form 990. Form 990 is made available for review by all Board members at a regularly scheduled Board meeting and upon request.

Conflict of interest policy compliance Part VI line 12C

The Board has put in place a written Conflict of Interest Statement for Board Members, Board Committee Members, Employees, Volunteers, and Contractors to sign. These persons are required to inform the Board in advance of any potential MINT-related transactions of personal gain. No board or committee member or any member of his/her family should have any beneficial interest in, or substantial obligation to any MINT supplier of goods or services or any other organization that is engaged in doing business with or serving MINT unless it has been determined by the board, on the basis of full disclosure of facts, that such interest does not give rise to a conflict of interest.

Governing documents etc available to public Part VI line 19

Form 990, Part VI, Line 19 - Governing Documents Disclosure Explanation -Documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Montessori Training Research Ctr Dallas
EIN
20-0088952
Address
13612 Midway Rd, Dallas, TX 75244
Doing Business As
Montessori Institute of North

Signing Officer

Name
Mary Caroline Parker
Title
Exec Director
Phone
2145036802
Signed
2015-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Caroline Parker
Formed
2003
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
7
Volunteers
20

Preparer

Firm
Thomas and Thomas CPAs
Address
4019 N Galloway Ste B, Mesquite, TX 75150
Preparer
Melanie Thomas
Phone
9726817295
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0406
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02750
IRS990/PayrollTaxesGrp/ProgramServicesAmt010518
IRS990/PayrollTaxesGrp/TotalAmt013674
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02578
IRS990/PrincipalOfficerNm0Mary Caroline Parker
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Tuition and Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0182307
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0182307
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0207399
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt03500
IRS990/PYInvestmentIncomeAmt044
IRS990/PYOtherExpensesAmt099784
IRS990/PYProgramServiceRevenueAmt0190670
IRS990/PYRevenuesLessExpensesAmt0169266
IRS990/PYSalariesCompEmpBnftPaidAmt0125563
IRS990/PYTotalExpensesAmt0228847
IRS990/PYTotalRevenueAmt0398113
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0293624
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/ProgramServicesAmt07712
IRS990/RoyaltiesGrp/TotalAmt07712
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0113331
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0335219
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt021356
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01927
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt023283
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021356
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Potential students learn about MINT from its website; from email announcements which include marketing/informational materials and reference to the website; from university and college career fairs at which marketing/informational materials are distributed; and from inperson information sessions hosted at the training center. MINT's Non-Discrimination Policy is posted on the MINT website and in hard copy form at the training center. It is included in marketing/informational materials and in the application for admission which must be completed by prospective students.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of nondiscriminatory policy (Question 3)
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt05950
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt04
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Scholarships are abatement of tuition costs for needy students.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Information for Schedule I
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Among our board members, Carol Demlow is Barbara Gordon's daughter; and Peggy Larson and C. J. Simon are both employees of the same school. None of these board members are compensated by MINT; and none engage in any business transactions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990, Part VI, Line 11b - Organization's Process to Review Form 990 -The Executive Director and one or more members of the Board of Directors review Form 990. Form 990 is made available for review by all Board members at a regularly scheduled Board meeting and upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board has put in place a written Conflict of Interest Statement for Board Members, Board Committee Members, Employees, Volunteers, and Contractors to sign. These persons are required to inform the Board in advance of any potential MINT-related transactions of personal gain. No board or committee member or any member of his/her family should have any beneficial interest in, or substantial obligation to any MINT supplier of goods or services or any other organization that is engaged in doing business with or serving MINT unless it has been determined by the board, on the basis of full disclosure of facts, that such interest does not give rise to a conflict of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990, Part VI, Line 19 - Governing Documents Disclosure Explanation -Documents are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt072091
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0304076
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0257803
IRS990/TotalAssetsEOYAmt0549419
IRS990/TotalAssetsGrp/BOYAmt0257803
IRS990/TotalAssetsGrp/EOYAmt0549419
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0392317
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt014049
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057926
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0209113
IRS990/TotalFunctionalExpensesGrp/TotalAmt0281088
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02008
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt02008
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0255795
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0549419
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0209113
IRS990/TotalProgramServiceRevenueAmt0182307
IRS990/TotalReportableCompFromOrgAmt0119919
IRS990/TotalRevenueGrp/ExclusionAmt088
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0182307
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0574712
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0257803
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0549419
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0183704
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0245343
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.montessori-mint.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mary Caroline Parker
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Exec Director
ReturnHeader/BusinessOfficerGrp/PhoneNum02145036802

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.36$2.21$2.15$1.69$2.02$0.33
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.44$0.93$2.51$2.49$1.80$0.69
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$1.03$1.84$1.44$1.76$0.32
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$0.93$2.24$1.28$1.51$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$0.03$2.48$2.03$1.58$0.45
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.01$2.03$1.34$1.15$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$0.02$1.84$1.32$0.89$0.43
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.00$1.41$1.26$0.59$0.67
2016Detailed filing. Detailed filing data is available for this year.$0.75$0.01$0.73$0.61$0.43$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.57$0.28$0.29
2014Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.40$0.23$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$0.20$0.24$0.04
2012Summary only. Only limited summary data is available for this year.$0.13$0.00$0.19$0.21$0.02
2011Summary only. Only limited summary data is available for this year.$0.15$0.00$0.18$0.16$0.02
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