Civic Intelligence

Academic Arts High School

990 • Fiscal year 2019 • EIN 20-0608568

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 15, 2020

60 Marie Ave EWest St Paul, MN 55118

(651) 457-7427

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.31x

Higher debt load relative to assets than 73% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

51st percentile

0.09x

Higher debt load relative to revenue than 51% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

45th percentile

1.6%

Higher net margin than 45% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

56th percentile

$74,985

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

73rd percentile

14%

Faster asset growth than 73% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2019

Revenue Growth

61st percentile

9.3%

Faster revenue growth than 61% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2019

Assets

Up

$516,003

Up $120,620 (+31%) from 2017

Net Assets

Up

$356,150

Up $81,269 (+30%) from 2017

Liabilities

Up

$159,853

Up $39,351 (+33%) from 2017

Revenue

Up

$1,775,104

Up $289,973 (+20%) from 2017

Expenses

Up

$1,746,345

Up $242,148 (+16%) from 2017

Net Income

Up

$28,759

Up $47,825 (+251%) from 2017

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$0-$1.0MAssets 2011: $196,656Liabilities 2011: $35,516Net Assets 2011: $161,1402011Assets 2012: $289,212Liabilities 2012: $93,100Net Assets 2012: $196,1122012Assets 2013: $214,572Liabilities 2013: $60,473Net Assets 2013: $154,0992013Assets 2014: $281,691Liabilities 2014: $77,504Net Assets 2014: $204,1872014Assets 2015: $394,712Liabilities 2015: $95,099Net Assets 2015: $299,6132015Assets 2016: $422,113Liabilities 2016: $128,166Net Assets 2016: $293,9472016Assets 2017: $395,383Liabilities 2017: $120,502Net Assets 2017: $274,8812017Assets 2019: $516,003Liabilities 2019: $159,853Net Assets 2019: $356,1502019Assets 2020: $600,568Liabilities 2020: $133,668Net Assets 2020: $466,9002020Assets 2021: $1,485,908Liabilities 2021: $1,136,348Net Assets 2021: $349,5602021Assets 2022: $2,621,611Liabilities 2022: $2,457,360Net Assets 2022: $164,2512022Assets 2023: $2,471,317Liabilities 2023: $2,468,904Net Assets 2023: $2,4132023Assets 2024: $2,014,953Liabilities 2024: $2,449,674Net Assets 2024: -$434,7212024

Highlighted filing

2019

Assets$516,003
Liabilities$159,853
Net Assets$356,150

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $679,017Expenses 2011: $610,721Net Income 2011: $68,2962011Revenue 2012: $711,000Expenses 2012: $676,028Net Income 2012: $34,9722012Revenue 2013: $822,914Expenses 2013: $864,927Net Income 2013: -$42,0132013Revenue 2014: $1,039,473Expenses 2014: $989,383Net Income 2014: $50,0902014Revenue 2015: $1,210,538Expenses 2015: $1,108,150Net Income 2015: $102,3882015Revenue 2016: $1,346,796Expenses 2016: $1,352,462Net Income 2016: -$5,6662016Revenue 2017: $1,485,131Expenses 2017: $1,504,197Net Income 2017: -$19,0662017Revenue 2019: $1,775,104Expenses 2019: $1,746,345Net Income 2019: $28,7592019Revenue 2020: $1,945,810Expenses 2020: $1,835,060Net Income 2020: $110,7502020Revenue 2021: $1,970,905Expenses 2021: $2,088,245Net Income 2021: -$117,3402021Revenue 2022: $2,225,122Expenses 2022: $2,410,431Net Income 2022: -$185,3092022Revenue 2023: $2,450,683Expenses 2023: $2,612,521Net Income 2023: -$161,8382023Revenue 2024: $2,349,650Expenses 2024: $2,786,784Net Income 2024: -$437,1342024

Highlighted filing

2019

Revenue$1,775,104
Expenses$1,746,345
Net Income$28,759
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 15, 2020
Return Version
2018v3.2
Gross Receipts
$1,775,104
Mission and Program Overview

Mission

Learn by doing. Embrace your place in the world. Prepare for the future. And make friends along the way.

We bring together environmental education and project-based learning to empower students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$355,495$374,724▲ $19,229
Cash and Non-Interest-Bearing Accounts$91,518$127,288▲ $35,770
Accounts Receivable$8,808--
Land, Buildings, and Equipment, Net$4,533$7,075▲ $2,542
Prepaid Expenses and Deferred Charges$9,457$6,916▼ $2,541
Total Assets$469,811$516,003▲ $46,192
Liabilities
Accounts Payable and Accrued Expenses$142,420$159,853▲ $17,433
Total Liabilities$142,420$159,853▲ $17,433
Net Assets / Fund Balance
Unrestricted Net Assets$327,391$355,198▲ $27,807
Temporarily Rstr Net Assets-$952-
Total Net Assets Fund Balance$327,391$356,150▲ $28,759
Total Liabilities and Net Assets / Fund Balance$469,811$516,003▲ $46,192

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,075$73,690$80,765
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Josh MaclachlanTreasurer / TeacherFT$72,435$2,550$74,985

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,767,178
Program Service Revenue
$7,426
Investment Income
$0
Other Revenue
$500
All Other Contributions
$1,601
Change in Net Assets
$28,759

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,775,104
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,775,104
Total Revenue per Form 990
$1,775,104
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,124,819
Other Expenses$621,526
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$722,481$56,144-$778,625
Occupancy$289,075--$289,075
Other Employee Benefits$138,177$16,098-$154,275
Fees for Services Other$109,684$20,410-$130,094
Current Officers, Directors, Trustees, and Key Employees$77,589$6,670-$84,259
Fees for Services Management-$81,833-$81,833
Payroll Taxes$59,195$3,735-$62,930
Pension Plan Contributions$44,589$141-$44,730
Travel$19,894--$19,894
Office Expenses$9,710$5,176-$14,886
Insurance$10,309--$10,309
Information Technology$7,286$284-$7,570
Depreciation Depletion$3,061$263-$3,324
Other Expenses$2,153$10,967-$2,153
Conferences and Meetings$1,346--$1,346
Total Functional Expenses$1,542,250$204,095$0$1,746,345

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,746,345
Total Expenses per Audited Statements$1,746,345
Total Expenses per Form 990$1,746,345
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

The Organization delegates management duties to a third party and they are under direct supervision of the Board.

Form 990, Part VI, Section B, line 11B

Copies of the 990 were distributed to all board members prior to filing.

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

A written conflict of interest policy dictates that board members disclose annually any conflicts of interest.

Form 990, Part VI, Section B, line 15

Compensation of management and other key employees is reviewed and determined by the Board of Directors.

Form 990, Part VI, Section C, line 19

Academic Arts High School makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Academic Arts High School
EIN
20-0608568
Phone
6514577427
Address
60 Marie Ave E, West St Paul, MN 55118

Signing Officer

Name
Josh MacLachlan
Title
Treasurer
Phone
6514577427
Signed
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josh MacLachlan
Formed
2004
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
7
Employees
29
Volunteers
12

Preparer

Firm
Abdo Eick & Meyers LLP
Address
5201 Eden Avenue Suite 250, Edina, MN 55436
Preparer
Steven D Anseth CPA
Phone
9528359090
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

The Board of Directors assumes responsibility for oversight of the audit of the financial statements and selection of an independent accountant. The process has not changed from prior periods.

Financial Statement Notes

Part X, Line 2:

The Charter School is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Charter School also qualifies as a tax-exempt organization under applicable statutes of the State of Minnesota. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. As of June 30, 2019, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The Charter School files informational returns in the U.S. federal jurisdiction, and in the Minnesota state jurisdiction. U.S. federal returns and Minnesota returns for the prior three fiscal years are closed. No returns are currently under examination in any tax jurisdiction.

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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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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07426
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt07075
IRS990ScheduleD/EquipmentGrp/DepreciationAmt073690
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt080765
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01746345
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01775104
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Charter School is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Charter School also qualifies as a tax-exempt organization under applicable statutes of the State of Minnesota. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. As of June 30, 2019, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The Charter School files informational returns in the U.S. federal jurisdiction, and in the Minnesota state jurisdiction. U.S. federal returns and Minnesota returns for the prior three fiscal years are closed. No returns are currently under examination in any tax jurisdiction.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07075
IRS990ScheduleD/TotalExpensesPerForm990Amt01746345
IRS990ScheduleD/TotalRevenuePerForm990Amt01775104
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01775104
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01746345
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Non discrimination posters are posted in the entryway.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The School receives federal and state funding.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization delegates management duties to a third party and they are under direct supervision of the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Copies of the 990 were distributed to all board members prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A written conflict of interest policy dictates that board members disclose annually any conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation of management and other key employees is reviewed and determined by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Academic Arts High School makes its governing documents, conflict of interest policy, and financial statements available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Board of Directors assumes responsibility for oversight of the audit of the financial statements and selection of an independent accountant. The process has not changed from prior periods.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 2c:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0952
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0469811
IRS990/TotalAssetsEOYAmt0516003
IRS990/TotalAssetsGrp/BOYAmt0469811
IRS990/TotalAssetsGrp/EOYAmt0516003
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01767178
IRS990/TotalEmployeeCnt029
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0204095
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01542250
IRS990/TotalFunctionalExpensesGrp/TotalAmt01746345
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0142420
IRS990/TotalLiabilitiesEOYAmt0159853
IRS990/TotalLiabilitiesGrp/BOYAmt0142420
IRS990/TotalLiabilitiesGrp/EOYAmt0159853
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0327391
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0356150
IRS990/TotalOtherCompensationAmt02550
IRS990/TotalProgramServiceExpensesAmt01542250
IRS990/TotalProgramServiceRevenueAmt07426
IRS990/TotalReportableCompFromOrgAmt072435
IRS990/TotalRevenueGrp/ExclusionAmt0500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07426
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01775104
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0469811
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0516003
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt019894
IRS990/TravelGrp/TotalAmt019894
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0327391
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0355198
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt060 Marie Ave E
IRS990/USAddress/CityNm0West St Paul
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055118
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.academicarts.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Josh MacLachlan
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06514577427
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Academic Arts High School
ReturnHeader/Filer/BusinessNameControlTxt0ACAD
ReturnHeader/Filer/EIN0200608568
ReturnHeader/Filer/PhoneNum06514577427
ReturnHeader/Filer/USAddress/AddressLine1Txt060 Marie Ave E

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.$2.01$2.45$0.43$2.35$2.79$0.44
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.47$2.47$0.00$2.45$2.61$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.62$2.46$0.16$2.23$2.41$0.19
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$1.14$0.35$1.97$2.09$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.60$0.13$0.47$1.95$1.84$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.52$0.16$0.36$1.78$1.75$0.03
2017Summary only. Only limited summary data is available for this year.$0.40$0.12$0.27$1.49$1.50$0.02
2016Summary only. Only limited summary data is available for this year.$0.42$0.13$0.29$1.35$1.35$0.01
2015Summary only. Only limited summary data is available for this year.$0.39$0.10$0.30$1.21$1.11$0.10
2014Summary only. Only limited summary data is available for this year.$0.28$0.08$0.20$1.04$0.99$0.05
2013Summary only. Only limited summary data is available for this year.$0.21$0.06$0.15$0.82$0.86$0.04
2012Summary only. Only limited summary data is available for this year.$0.29$0.09$0.20$0.71$0.68$0.03
2011Summary only. Only limited summary data is available for this year.$0.20$0.04$0.16$0.68$0.61$0.07