Civic Intelligence

Lower Southampton Fire Department

990 • Fiscal year 2022 • EIN 23-1978716

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 17, 2023

466 Elmwood AvenueFeasterville, PA 19053

(215) 357-8517

Siviq Scores

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

Liabilities / Assets

77th percentile

0.33x

Higher debt load relative to assets than 77% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

3.39x

Higher debt load relative to revenue than 95% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

57th percentile

11%

Higher net margin than 57% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

32nd percentile

-4.2%

Faster asset growth than 32% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

77th percentile

36%

Faster revenue growth than 77% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$3,196,732

Down $141,052 (-4.2%) from 2021

Net Assets

Down

$2,145,590

Down $81,743 (-3.7%) from 2021

Liabilities

Down

$1,051,142

Down $59,309 (-5.3%) from 2021

Revenue

Up

$310,200

Up $82,760 (+36%) from 2021

Expenses

Up

$276,965

Up $12,228 (+4.6%) from 2021

Net Income

Up

$33,235

Up $70,532 (+189%) from 2021

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,957,055Liabilities 2011: $143,358Net Assets 2011: $1,813,6972011Assets 2012: $2,035,997Liabilities 2012: $119,167Net Assets 2012: $1,916,8302012Assets 2013: $1,896,990Liabilities 2013: $87,618Net Assets 2013: $1,809,3722013Assets 2014: $2,040,837Liabilities 2014: $0Net Assets 2014: $2,040,8372014Assets 2015: $2,024,803Liabilities 2015: $0Net Assets 2015: $2,024,8032015Assets 2016: $2,078,208Liabilities 2016: $1Net Assets 2016: $2,078,2072016Assets 2017: $3,126,169Liabilities 2017: $989,367Net Assets 2017: $2,136,8022017Assets 2018: $3,184,333Liabilities 2018: $1,107,641Net Assets 2018: $2,076,6922018Assets 2019: $3,507,847Liabilities 2019: $1,246,971Net Assets 2019: $2,260,8762019Assets 2020: $3,440,013Liabilities 2020: $1,182,997Net Assets 2020: $2,257,0162020Assets 2021: $3,337,784Liabilities 2021: $1,110,451Net Assets 2021: $2,227,3332021Assets 2022: $3,196,732Liabilities 2022: $1,051,142Net Assets 2022: $2,145,5902022Assets 2023: $3,171,747Liabilities 2023: $975,110Net Assets 2023: $2,196,6372023Assets 2024: $3,346,582Liabilities 2024: $896,391Net Assets 2024: $2,450,1912024

Highlighted filing

2022

Assets$3,196,732
Liabilities$1,051,142
Net Assets$2,145,590

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $370,681Expenses 2011: $228,417Net Income 2011: $142,2642011Revenue 2012: $330,329Expenses 2012: $218,447Net Income 2012: $111,8822012Revenue 2013: $202,640Expenses 2013: $246,514Net Income 2013: -$43,8742013Revenue 2014: $291,718Expenses 2014: $178,881Net Income 2014: $112,8372014Revenue 2015: $248,129Expenses 2015: $251,839Net Income 2015: -$3,7102015Revenue 2016: $271,524Expenses 2016: $209,217Net Income 2016: $62,3072016Revenue 2017: $277,106Expenses 2017: $210,706Net Income 2017: $66,4002017Revenue 2018: $207,935Expenses 2018: $248,320Net Income 2018: -$40,3852018Revenue 2019: $441,668Expenses 2019: $293,235Net Income 2019: $148,4332019Revenue 2020: $291,124Expenses 2020: $286,117Net Income 2020: $5,0072020Revenue 2021: $227,440Expenses 2021: $264,737Net Income 2021: -$37,2972021Revenue 2022: $310,200Expenses 2022: $276,965Net Income 2022: $33,2352022Revenue 2023: $328,761Expenses 2023: $289,218Net Income 2023: $39,5432023Revenue 2024: $520,126Expenses 2024: $266,685Net Income 2024: $253,4412024

Highlighted filing

2022

Revenue$310,200
Expenses$276,965
Net Income$33,235
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 17, 2023
Return Version
2022v5.0
Gross Receipts
$317,648
Mission and Program Overview

Mission

Volunteer firefighting

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,227,333$2,145,590▼ $81,743
Land, Buildings, and Equipment, Net$2,090,369$1,980,192▼ $110,177
Investments in Publicly Traded Securities$1,127,668$1,129,766▲ $2,098
Cash and Non-Interest-Bearing Accounts$119,747$86,774▼ $32,973
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,337,784$3,196,732▼ $141,052
Other Assets Total-$0-
Liabilities
Other Liabilities$1,110,451$1,051,142▼ $59,309
Total Liabilities$1,110,451$1,051,142▼ $59,309
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,227,333$2,145,590▼ $81,743
Total Liabilities and Net Assets / Fund Balance$3,337,784$3,196,732▼ $141,052

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,261,726$522,612$1,784,338
Equipment$703,366$834,847$1,538,213
Leasehold Improvements$14,100$278,821$292,921
Land$1,000-$1,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
David WhitakerPresident
Cheryl YoungVice President
Jack JamesTrustee
Mark KramerTrustee
Mark YoungTrustee
Ryan BrookesTrustee
Steve KrippelTrustee
Susan BrookesTrustee
Terry AbersSecretary
Karen JamesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$260,209
Program Service Revenue
$0
Investment Income
$17,348
Other Revenue
$32,643
All Other Contributions
$64,933
Change in Net Assets
$33,235
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$268,546
Professional Fundraising Fees$8,419
Total Fundraising Expense$8,419
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$121,811--$121,811
Interest$33,169--$33,169
Insurance$20,651--$20,651
Occupancy$16,269--$16,269
All Other Expenses$4,704$7,157-$11,861
Fees for Services Professional Fundraising--$8,419$8,419
Other Expenses$5,973--$5,973
Travel$4,818--$4,818
Fees for Services Accounting-$3,125-$3,125
Information Technology$2,661--$2,661
Office Expenses-$1,994-$1,994
Total Functional Expenses$256,270$12,276$8,419$276,965
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$27,147
Professional Fundraising Fees$8,419
Fundraising Direct Expenses$7,448

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$27,147$27,147$7,448$19,699
Total Events$27,147$27,147$7,448$19,699
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Bank Loan - Building$564,190
PEMA - Building$309,948
PEMA - 19 Rosenbauer$177,004
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 2

Jack James, Trustee, and Karen James, Treasurer, are husband and wife. Mark Young, Trustee, and Cheryl Young, VP, are husband and wife. Susan Brookes, Trustee, is mother of Ryan Brookes, Trustee.

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

The Form 990 is reviewed by the Board before signing and electronically submitted to the Internal Revenue Service.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Lower Southampton Fire Company
EIN
23-1978716
Phone
2153578517
Address
466 Elmwood Avenue, Feasterville, PA 19053

Signing Officer

Name
David Whitaker
Title
President
Signed
2023-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Whitaker
Formed
1931
Legal Domicile
Pa
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
45

Preparer

Firm
Volunteers Financial Service Inc
Address
301 Oxford Valley Road 1303A, Yardley, PA 19067
Preparer
Tara Fahr
Phone
2157810980
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IRS990/OtherLiabilitiesGrp/EOYAmt01051142
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/Desc1Soda Machine
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05410
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11534
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05410
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11534
IRS990/OtherRevenueTotalAmt06944
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0David Whitaker
IRS990/PriorPeriodAdjustmentsAmt0272
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0215965
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt014026
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0264290
IRS990/PYOtherRevenueAmt0-2551
IRS990/PYRevenuesLessExpensesAmt0-37297
IRS990/PYTotalExpensesAmt0264737
IRS990/PYTotalProfFndrsngExpnsAmt0447
IRS990/PYTotalRevenueAmt0227440
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt033235
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt06000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02227333
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02145590
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0260209
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt060965
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt073537
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0254376
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt032441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0681528
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt023348
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09606
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt027631
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt036368
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt031692
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0128645
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt06944
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01274
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02317
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02030
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0459
IRS990ScheduleA/OtherIncome170Grp/TotalAmt013024
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89900
IRS990ScheduleA/PublicSupportPY170Pct00.89870
IRS990ScheduleA/PublicSupportTotal170Amt01261528
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0155000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0155000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0135000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0135000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt0580000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0260209
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0215965
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0228537
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0389376
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0167441
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01261528
IRS990ScheduleA/TotalSupportAmt01403197
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01261726
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0522612
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01784338
IRS990ScheduleD/EquipmentGrp/BookValueAmt0703366
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0834847
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01538213
IRS990ScheduleD/LandGrp/BookValueAmt01000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt014100
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0278821
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0292921
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0564190
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1177004
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2309948
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Bank Loan - Building
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PEMA - 19 Rosenbauer
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PEMA - Building
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01980192
IRS990ScheduleD/TotalLiabilityAmt01051142
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07448
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Fundraising
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt027147
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt027147
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt027147
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt027147
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt019699
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07448
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07448
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Jack James, Trustee, and Karen James, Treasurer, are husband and wife. Mark Young, Trustee, and Cheryl Young, VP, are husband and wife. Susan Brookes, Trustee, is mother of Ryan Brookes, Trustee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is reviewed by the Board before signing and electronically submitted to the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03337784
IRS990/TotalAssetsEOYAmt03196732
IRS990/TotalAssetsGrp/BOYAmt03337784
IRS990/TotalAssetsGrp/EOYAmt03196732
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0260209
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08419
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012276

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.35$0.90$2.45$0.52$0.27$0.25
2023Detailed filing. Detailed filing data is available for this year.$3.17$0.98$2.20$0.33$0.29$0.04
2022Detailed filing. Detailed filing data is available for this year.$3.20$1.05$2.15$0.31$0.28$0.03
2021Detailed filing. Detailed filing data is available for this year.$3.34$1.11$2.23$0.23$0.26$0.04
2020Detailed filing. Detailed filing data is available for this year.$3.44$1.18$2.26$0.29$0.29$0.01
2019Summary only. Only limited summary data is available for this year.$3.51$1.25$2.26$0.44$0.29$0.15
2018Summary only. Only limited summary data is available for this year.$3.18$1.11$2.08$0.21$0.25$0.04
2017Summary only. Only limited summary data is available for this year.$3.13$0.99$2.14$0.28$0.21$0.07
2016Summary only. Only limited summary data is available for this year.$2.08$0.00$2.08$0.27$0.21$0.06
2015Summary only. Only limited summary data is available for this year.$2.02$0.00$2.02$0.25$0.25$0.00
2014Summary only. Only limited summary data is available for this year.$2.04$0.00$2.04$0.29$0.18$0.11
2013Summary only. Only limited summary data is available for this year.$1.90$0.09$1.81$0.20$0.25$0.04
2012Summary only. Only limited summary data is available for this year.$2.04$0.12$1.92$0.33$0.22$0.11
2011Summary only. Only limited summary data is available for this year.$1.96$0.14$1.81$0.37$0.23$0.14