Civic Intelligence

Healthy Learning Academy Inc.

990 • Fiscal year 2018 • EIN 20-3368422

Jul 01, 2017 to Jun 30, 2018 • Filed on May 14, 2019

13505 W Newberry RoadNewberry, FL 32669

(352) 372-2279

Siviq Scores

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

Liabilities / Assets

87th percentile

0.59x

Higher debt load relative to assets than 87% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

83rd percentile

0.41x

Higher debt load relative to revenue than 83% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

46th percentile

2.1%

Higher net margin than 46% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

63rd percentile

6.8%

Faster asset growth than 63% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

47th percentile

2.8%

Faster revenue growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Flat

$583,863

Flat from 2018

Net Assets

Flat

$237,698

Flat from 2018

Liabilities

Flat

$346,165

Flat from 2018

Revenue

Flat

$846,930

Flat from 2018

Expenses

Flat

$828,910

Flat from 2018

Net Income

Flat

$18,020

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $101,451Liabilities 2011: $4,648Net Assets 2011: $96,8032011Assets 2012: $454,954Liabilities 2012: $359,972Net Assets 2012: $94,9822012Assets 2013: $494,399Liabilities 2013: $352,623Net Assets 2013: $141,7762013Assets 2014: $582,583Liabilities 2014: $444,153Net Assets 2014: $138,4302014Assets 2015: $507,391Liabilities 2015: $372,931Net Assets 2015: $134,4602015Assets 2016: $528,540Liabilities 2016: $378,602Net Assets 2016: $149,9382016Assets 2017: $546,905Liabilities 2017: $364,953Net Assets 2017: $181,9522017Assets 2018: $583,863Liabilities 2018: $346,165Net Assets 2018: $237,6982018Assets 2018: $583,863Liabilities 2018: $346,165Net Assets 2018: $237,6982018Assets 2019: $535,316Liabilities 2019: $329,429Net Assets 2019: $205,8872019Assets 2020: $644,002Liabilities 2020: $437,291Net Assets 2020: $206,7112020Assets 2021: $650,440Liabilities 2021: $281,099Net Assets 2021: $369,3412021Assets 2022: $798,205Liabilities 2022: $270,590Net Assets 2022: $527,6152022Assets 2023: $624,672Liabilities 2023: $253,063Net Assets 2023: $371,6092023

Highlighted filing

2018

Assets$583,863
Liabilities$346,165
Net Assets$237,698

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $412,5912011Revenue 2012: $767,131Expenses 2012: $835,149Net Income 2012: -$68,0182012Expenses 2013: $522,9462013Revenue 2014: $744,839Expenses 2014: $713,690Net Income 2014: $31,1492014Revenue 2015: $721,163Expenses 2015: $728,796Net Income 2015: -$7,6332015Revenue 2016: $768,299Expenses 2016: $762,148Net Income 2016: $6,1512016Revenue 2017: $823,480Expenses 2017: $794,251Net Income 2017: $29,2292017Revenue 2018: $846,930Expenses 2018: $828,910Net Income 2018: $18,0202018Revenue 2018: $846,930Expenses 2018: $828,910Net Income 2018: $18,0202018Revenue 2019: $836,894Expenses 2019: $904,327Net Income 2019: -$67,4332019Revenue 2020: $905,727Expenses 2020: $950,553Net Income 2020: -$44,8262020Revenue 2021: $1,138,669Expenses 2021: $1,013,142Net Income 2021: $125,5272021Revenue 2022: $1,200,002Expenses 2022: $1,062,559Net Income 2022: $137,4432022Revenue 2023: $1,056,599Expenses 2023: $1,217,436Net Income 2023: -$160,8372023

Highlighted filing

2018

Revenue$846,930
Expenses$828,910
Net Income$18,020
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 14, 2019
Return Version
2017v2.2
Gross Receipts
$846,930
Mission and Program Overview

Mission

Elementary Education

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$444,927$466,872▲ $21,945
Cash and Non-Interest-Bearing Accounts$100,058$112,772▲ $12,714
Pledges and Grants Receivable$23$1,764▲ $1,741
Prepaid Expenses and Deferred Charges$1,398$1,593▲ $195
Accounts Receivable$474$837▲ $363
Savings and Temporary Cash Investments$25$25→ $0
Total Assets$546,905$583,863▲ $36,958
Liabilities
Mortgage Notes Payable Secured by Investment Property$336,984$321,205▼ $15,779
Accounts Payable and Accrued Expenses$27,969$24,960▼ $3,009
Total Liabilities$364,953$346,165▼ $18,788
Net Assets / Fund Balance
Permanently Rstr Net Assets$107,942$145,667▲ $37,725
Unrestricted Net Assets$46,987$92,031▲ $45,044
Temporarily Rstr Net Assets$27,023--
Total Net Assets Fund Balance$181,952$237,698▲ $55,746
Total Liabilities and Net Assets / Fund Balance$546,905$583,863▲ $36,958

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$235,714$61,955$297,669
Land$190,723-$190,723
Equipment$8,081$48,818$56,899
Leasehold Improvements$32,354$1,397$33,751
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bettianne FordChair
Bernd LiesenfeldBoard Member
Jacqueline SwankBoard Member
Lucia KnowlesBoard Member
Sheila CrapoBoard Member
Sharon T SperlingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,839
Program Service Revenue
$836,120
Investment Income
$0
Other Revenue
$3,971
All Other Contributions
$2,361
Change in Net Assets
$18,020

Audited Revenue Reconciliation

Revenue per Audited Statements
$846,930
Total Revenue per Audited Statements
$846,930
Total Revenue per Form 990
$846,930
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$640,189
Other Expenses$188,721
Total Fundraising Expense$160
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$427,680$106,624$0$534,304
All Other Expenses$25,047$47,397$160$72,604
Pension Plan Contributions$46,320$0$0$46,320
Payroll Taxes$35,861$8,691$0$44,552
Occupancy$0$36,526$0$36,526
Interest$0$20,738$0$20,738
Other Employee Benefits$2,828$12,185$0$15,013
Insurance$0$14,339$0$14,339
Fees for Services Accounting$0$13,189$0$13,189
Other Expenses$10,691$1,722$0$12,413
Advertising$0$9,830$0$9,830
Fees for Services Other$0$1,641$0$1,641
Conferences and Meetings$1,313$0$0$1,313
Travel$413$831$0$1,244
Total Functional Expenses$552,610$276,140$160$828,910

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$828,910
Total Expenses per Audited Statements$828,910
Total Expenses per Form 990$828,910
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
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
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
Filing and Contact Details

Filer

Filer Name
Healthy Learning Academy Inc
EIN
20-3368422
Phone
3523722279
Address
13505 W Newberry Road, Newberry, FL 32669

Signing Officer

Name
Bettianne Ford
Title
Chair
Phone
3523722279
Signed
2019-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bettianne Ford
Formed
2004
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
24
Volunteers
210

Preparer

Firm
Sharon P Fourakre PA CPA
Address
2691 SE 52nd Street, Ocala, FL 34480-7569
Preparer
Sharon P Fourakre CPA
Phone
3528400600
Supplemental Narrative

Additional Explanations

Pt V, Line 3B

There are no unrelated business income during the tax year.

Pt VI, Line 8A

Meeting minutes reflect the decisions made by the board.

Pt VI, Line 11B

Tax return is kept on file at the School and available for review.

Pt VI, Line 12C

Board and employees review conflict of interest policy and note changes on an annual basis.

Pt VI, Line 19

Policies are stated in the by-laws and are available for public inspection at the School.

Pt XII, Line 1

Tax return has been prepared on a modified accrual basis of accounting.

Pt XII, Line 2C

The financial committee requests bids for review and an independent auditing firm is selected.

Form 990, Part IX, Line 24E

Capitalized FF&E 34401. 0. 34401. 0.

Form 990, Part IX, Line 24E

Postage 269. 0. 269. 0.

Form 990, Part IX, Line 24E

Printing & Duplication 781. 0. 781. 0.

Form 990, Part IX, Line 24E

Purchased Services 16542. 12759. 3783. 0.

Form 990, Part IX, Line 24E

Safety Patrol 142. 142. 0. 0.

Form 990, Part IX, Line 24E

Supplies 20469. 12146. 8163. 160.

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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/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt019387
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0189384
IRS990/PYOtherRevenueAmt03743
IRS990/PYProgramServiceRevenueAmt0800350
IRS990/PYRevenuesLessExpensesAmt029229
IRS990/PYSalariesCompEmpBnftPaidAmt0604867
IRS990/PYTotalExpensesAmt0794251
IRS990/PYTotalRevenueAmt0823480
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt018020
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0840091
IRS990/SavingsAndTempCashInvstGrp/BOYAmt025
IRS990/SavingsAndTempCashInvstGrp/EOYAmt025
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0235714
IRS990ScheduleD/BuildingsGrp/DepreciationAmt061955
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0297669
IRS990ScheduleD/EquipmentGrp/BookValueAmt08081
IRS990ScheduleD/EquipmentGrp/DepreciationAmt048818
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt056899
IRS990ScheduleD/ExpensesSubtotalAmt0828910
IRS990ScheduleD/LandGrp/BookValueAmt0190723
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0190723
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt032354
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01397
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt033751
IRS990ScheduleD/RevenueSubtotalAmt0846930
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0466872
IRS990ScheduleD/TotalExpensesPerForm990Amt0828910
IRS990ScheduleD/TotalRevenuePerForm990Amt0846930
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0846930
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0828910
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE NONDISCRIMINATORY POLICY IS STATED SPECIFICALLY IN THE CHARTER AND BY-LAWS OF THE SCHOOL. BOTH ARE AVAILABLE FOR PUBLIC INSPECTION. THE NONDISCRIMINATORY POLICY IS STATED IN THE CHARTER AND BY-LAWS OF THE SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1COPIES OF THE SOLITATION MATERIALS ARE AT THE SCHOOL FOR REVIEW.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2EXTRACURRICULAR ACTIVITIES ARE OPEN TO ALL STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL'S RIGHT TO AID HAS NEVER BEEN REVOKED OR SUSPENDED.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt4A NOTICE OF NONDISCRIMINATORY POLICY IS PUBLISHED IN THE LOCAL NEWSPAPER.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 4d
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Line 5h
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc4Line 7
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There are no unrelated business income during the tax year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meeting minutes reflect the decisions made by the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Tax return is kept on file at the School and available for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Board and employees review conflict of interest policy and note changes on an annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Policies are stated in the by-laws and are available for public inspection at the School.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Tax return has been prepared on a modified accrual basis of accounting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The financial committee requests bids for review and an independent auditing firm is selected.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Capitalized FF&E 34401. 0. 34401. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Postage 269. 0. 269. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Printing & Duplication 781. 0. 781. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Purchased Services 16542. 12759. 3783. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Safety Patrol 142. 142. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Supplies 20469. 12146. 8163. 160.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 3b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt XII, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt XII, Line 2c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt027023
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0546905
IRS990/TotalAssetsEOYAmt0583863
IRS990/TotalAssetsGrp/BOYAmt0546905
IRS990/TotalAssetsGrp/EOYAmt0583863
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt06839
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0160
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0276140
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0552610
IRS990/TotalFunctionalExpensesGrp/TotalAmt0828910
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0364953
IRS990/TotalLiabilitiesEOYAmt0346165
IRS990/TotalLiabilitiesGrp/BOYAmt0364953
IRS990/TotalLiabilitiesGrp/EOYAmt0346165
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0181952
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0237698
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt016234
IRS990/TotalProgramServiceExpensesAmt0552610
IRS990/TotalProgramServiceRevenueAmt0836120

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.62$0.25$0.37$1.06$1.22$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.27$0.53$1.20$1.06$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.28$0.37$1.14$1.01$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.44$0.21$0.91$0.95$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.33$0.21$0.84$0.90$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.35$0.24$0.85$0.83$0.02
2018Summary only. Only limited summary data is available for this year.$0.58$0.35$0.24$0.85$0.83$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.36$0.18$0.82$0.79$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.53$0.38$0.15$0.77$0.76$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.37$0.13$0.72$0.73$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.44$0.14$0.74$0.71$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.35$0.14$0.52
2012Summary only. Only limited summary data is available for this year.$0.45$0.36$0.09$0.77$0.84$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.00$0.10$0.41