Civic Intelligence

Olive Free Library Association

990 • Fiscal year 2024 • EIN 23-7209065

Jan 01, 2024 to Dec 31, 2024 • Filed on Sep 15, 2025

PO Box 59West Shokan, NY 12494

(845) 657-2482

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.03x

Higher debt load relative to assets than 62% of similar nonprofits.

2024 filings • NTEE B • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.06x

Higher debt load relative to revenue than 70% of similar nonprofits.

2024 filings • NTEE B • $500k-$1M nonprofits • Source year 2024

Net Margin

21st percentile

-10%

Higher net margin than 21% of similar nonprofits.

2024 filings • NTEE B • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

76th percentile

$61,741

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 18.2% of source-year revenue.

2024 filings • NTEE B • $500k-$1M nonprofits • Source year 2024

Asset Growth

23rd percentile

-5.4%

Faster asset growth than 23% of similar nonprofits.

2024 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-6.2%

Faster revenue growth than 26% of similar nonprofits.

2024 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$623,378

Down $35,292 (-5.4%) from 2023

Net Assets

Down

$602,374

Down $34,558 (-5.4%) from 2023

Liabilities

Down

$21,004

Down $734 (-3.4%) from 2023

Revenue

Down

$338,865

Down $22,405 (-6.2%) from 2023

Expenses

Up

$372,928

Up $11,848 (+3.3%) from 2023

Net Income

Down

-$34,063

Down $34,253 (-18028%) from 2023

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $341,434Liabilities 2010: $1,857Net Assets 2010: $339,5772010Assets 2011: $377,119Liabilities 2011: $2,068Net Assets 2011: $375,0512011Assets 2012: $402,648Liabilities 2012: $2,573Net Assets 2012: $400,0752012Assets 2013: $403,030Liabilities 2013: $1,335Net Assets 2013: $401,6952013Assets 2014: $438,624Liabilities 2014: $0Net Assets 2014: $438,6242014Assets 2015: $434,606Liabilities 2015: $0Net Assets 2015: $434,6062015Assets 2016: $435,633Liabilities 2016: $1,836Net Assets 2016: $433,7972016Assets 2017: $458,981Liabilities 2017: $1,431Net Assets 2017: $457,5502017Assets 2018: $475,534Liabilities 2018: $1,658Net Assets 2018: $473,8762018Assets 2019: $584,183Liabilities 2019: $27,449Net Assets 2019: $556,7342019Assets 2020: $600,738Liabilities 2020: $53,501Net Assets 2020: $547,2372020Assets 2021: $632,000Liabilities 2021: $20,319Net Assets 2021: $611,6812021Assets 2022: $654,536Liabilities 2022: $19,544Net Assets 2022: $634,9922022Assets 2023: $658,670Liabilities 2023: $21,738Net Assets 2023: $636,9322023Assets 2024: $623,378Liabilities 2024: $21,004Net Assets 2024: $602,3742024

Highlighted filing

2024

Assets$623,378
Liabilities$21,004
Net Assets$602,374

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $127,643Expenses 2010: $141,793Net Income 2010: -$14,1502010Expenses 2011: $175,1232011Expenses 2012: $179,7122012Revenue 2013: $215,365Expenses 2013: $213,745Net Income 2013: $1,6202013Revenue 2014: $256,549Expenses 2014: $219,620Net Income 2014: $36,9292014Revenue 2015: $226,246Expenses 2015: $230,264Net Income 2015: -$4,0182015Revenue 2016: $244,737Expenses 2016: $245,546Net Income 2016: -$8092016Revenue 2017: $263,609Expenses 2017: $239,856Net Income 2017: $23,7532017Revenue 2018: $270,524Expenses 2018: $254,198Net Income 2018: $16,3262018Revenue 2019: $338,299Expenses 2019: $245,862Net Income 2019: $92,4372019Revenue 2020: $237,047Expenses 2020: $248,179Net Income 2020: -$11,1322020Revenue 2021: $351,304Expenses 2021: $272,200Net Income 2021: $79,1042021Revenue 2022: $326,698Expenses 2022: $303,554Net Income 2022: $23,1442022Revenue 2023: $361,270Expenses 2023: $361,080Net Income 2023: $1902023Revenue 2024: $338,865Expenses 2024: $372,928Net Income 2024: -$34,0632024

Highlighted filing

2024

Revenue$338,865
Expenses$372,928
Net Income-$34,063
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 15, 2025
Return Version
2024v5.2
Gross Receipts
$359,140
Mission and Program Overview

Mission

Public library for the town of olive and surrounding communities.

Public library for the town of olive new york and surrounding communities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$383,830$464,178▲ $80,348
Cash and Non-Interest-Bearing Accounts$86,976$53,141▼ $33,835
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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$658,670$623,378▼ $35,292
Other Assets Total$187,864$106,059▼ $81,805
Liabilities
Other Liabilities$21,738$21,004▼ $734
Total Liabilities$21,738$21,004▼ $734
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$636,932$570,722▼ $66,210
Net Assets With Donor Restrictions-$31,652-
Total Net Assets Fund Balance$636,932$602,374▼ $34,558
Total Liabilities and Net Assets / Fund Balance$658,670$623,378▼ $35,292

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$336,674$95,557$432,231
Buildings$48,625$354,636$403,261
Equipment$11,365$112,861$124,226
Other Land Buildings$29,265$30,218$59,483
Land$38,249-$38,249
Other Assets Org$-500--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Melissa McHughDirectorFT$61,741$61,741

Board Members and Trustees

NameTitle
David EdingerPresident
Fara WarnerVice President
Donna ElbergTrustee
Karen HeuselTrustee
Margaret SoltisTrustee
Susan YorkTrustee
Thomas HammangTrustee
Kimberley DaleySecretary
Nathalie AndrewsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$310,659
Program Service Revenue
$19,097
Investment Income
$8,634
Other Revenue
$475
All Other Contributions
$111,629
Change in Net Assets
$-34,063
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$217,997
Other Expenses$154,931
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$44,161$94,911-$139,072
Current Officers, Directors, Trustees, and Key Employees-$61,741-$61,741
All Other Expenses$7,071$20,673-$27,744
Fees for Services Accounting-$19,099-$19,099
Payroll Taxes-$17,184-$17,184
Insurance-$16,086-$16,086
Depreciation Depletion$16,020--$16,020
Fees for Services Other$11,820$1,596-$13,416
Other Expenses$13,206$10,120-$10,120
Advertising-$2,972-$2,972
Office Expenses-$2,674-$2,674
Conferences and Meetings$910--$910
Interest-$669-$669
Information Technology-$619-$619
Total Functional Expenses$111,991$260,937$0$372,928
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
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
Loan from OFL Trust$18,300
Capital One Credit Card$1,986
sales tax payable$718
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
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
No

Governance Explanations

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

Reviewed at monthly board meeting

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Olive Free Library Association
EIN
23-7209065
Phone
8456572482
Address
PO BOX 59, WEST SHOKAN, NY 12494

Signing Officer

Name
Melissa McHugh
Title
Director
Signed
2025-09-15
Discuss with paid preparer
Yes

Organization Details

Formed
1958
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
7
Volunteers
22

Preparer

Firm
David R Dolan CPA Pc
Address
2901 ROUTE 9W, SAUGERTIES, NY 12477
Preparer
David R Dolan CPA
Phone
8452468934
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Prior period adjustments = -$495

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IRS990/OtherExpensesGrp/Desc0Program Classes
IRS990/OtherExpensesGrp/Desc1Media Purchases
IRS990/OtherExpensesGrp/Desc2Utilities
IRS990/OtherExpensesGrp/Desc3Repairs & Maintenance
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012593
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110120
IRS990/OtherExpensesGrp/ProgramServicesAmt018803
IRS990/OtherExpensesGrp/ProgramServicesAmt113206
IRS990/OtherExpensesGrp/TotalAmt018803
IRS990/OtherExpensesGrp/TotalAmt113206
IRS990/OtherExpensesGrp/TotalAmt212593
IRS990/OtherExpensesGrp/TotalAmt310120
IRS990/OtherLiabilitiesGrp/BOYAmt021738
IRS990/OtherLiabilitiesGrp/EOYAmt021004
IRS990/OtherRevenueMiscGrp/BusinessCd0519100
IRS990/OtherRevenueMiscGrp/BusinessCd1519100
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/Desc1Sales Tax Vendor credit
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0419
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt156
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0419
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt156
IRS990/OtherRevenueTotalAmt0475
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt094911
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt044161
IRS990/OtherSalariesAndWagesGrp/TotalAmt0139072
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017184
IRS990/PayrollTaxesGrp/TotalAmt017184
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0519100
IRS990/ProgramServiceRevenueGrp/BusinessCd1519100
IRS990/ProgramServiceRevenueGrp/BusinessCd2519130
IRS990/ProgramServiceRevenueGrp/BusinessCd3519100
IRS990/ProgramServiceRevenueGrp/Desc0Art Sales
IRS990/ProgramServiceRevenueGrp/Desc1Programs
IRS990/ProgramServiceRevenueGrp/Desc2Service Charges
IRS990/ProgramServiceRevenueGrp/Desc3Used Book Sales
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06764
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18084
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21841
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32408
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06764
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18084
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21841
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32408
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0329229
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt09497
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0182810
IRS990/PYOtherRevenueAmt0403
IRS990/PYProgramServiceRevenueAmt022141
IRS990/PYRevenuesLessExpensesAmt0190
IRS990/PYSalariesCompEmpBnftPaidAmt0178270
IRS990/PYTotalExpensesAmt0361080
IRS990/PYTotalRevenueAmt0361270
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-34063
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0121539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0153484
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0134748
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0174012
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt068636
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0652419
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt017
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03597
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03635
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99760
IRS990ScheduleA/PublicSupportPY170Pct00.99620
IRS990ScheduleA/PublicSupportTotal170Amt01480847
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0168286
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0173742
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0173742
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0153742
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0158916
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt0828428
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0289825
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0327226
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0308490
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0327754
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0227552
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01480847
IRS990ScheduleA/TotalSupportAmt01484482
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt048625
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0354636
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0403261
IRS990ScheduleD/EquipmentGrp/BookValueAmt011365
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0112861
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0124226
IRS990ScheduleD/LandGrp/BookValueAmt038249
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt038249
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0336674
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt095557
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0432231
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0502
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1-500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Chemung Canal Trust
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Walmart
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt029265
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030218
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt059483
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01986
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt118300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2718
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Capital One Credit Card
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Loan from OFL Trust
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2sales tax payable
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0464178
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0106059
IRS990ScheduleD/TotalLiabilityAmt021004
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Reviewed at monthly board meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR PERIOD ADJUSTMENTS = -$495
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.23$0.21$6.02$3.39$3.73$0.34
2023Detailed filing. Detailed filing data is available for this year.$6.59$0.22$6.37$3.61$3.61$0.00
2022Detailed filing. Detailed filing data is available for this year.$6.55$0.20$6.35$3.27$3.04$0.23
2021Detailed filing. Detailed filing data is available for this year.$6.32$0.20$6.12$3.51$2.72$0.79
2020Detailed filing. Detailed filing data is available for this year.$6.01$0.54$5.47$2.37$2.48$0.11
2019Detailed filing. Detailed filing data is available for this year.$5.84$0.27$5.57$3.38$2.46$0.92
2018Detailed filing. Detailed filing data is available for this year.$4.76$0.02$4.74$2.71$2.54$0.16
2017Detailed filing. Detailed filing data is available for this year.$4.59$0.01$4.58$2.64$2.40$0.24
2016Detailed filing. Detailed filing data is available for this year.$4.36$0.02$4.34$2.45$2.46$0.01
2015Detailed filing. Detailed filing data is available for this year.$4.35$0.00$4.35$2.26$2.30$0.04
2014Detailed filing. Detailed filing data is available for this year.$4.39$0.00$4.39$2.57$2.20$0.37
2013Detailed filing. Detailed filing data is available for this year.$4.03$0.01$4.02$2.15$2.14$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.03$0.03$4.00$1.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.77$0.02$3.75$1.75
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.41$0.02$3.40$1.28$1.42$0.14