Civic Intelligence

Thomas Maclaren State Charter School

990 • Fiscal year 2015 • EIN 26-0505334

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 30, 2015

303 Austin Bluffs ParkwayColorado Springs, CO 80918

(719) 313-4488

Siviq Scores

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

Liabilities / Assets

99th percentile

4.52x

Higher debt load relative to assets than 99% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

86th percentile

1.23x

Higher debt load relative to revenue than 86% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

35th percentile

-1.5%

Higher net margin than 35% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$61,397

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

95th percentile

97%

Faster asset growth than 95% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

89th percentile

52%

Faster revenue growth than 89% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$729,048

Up $359,011 (+97%) from 2014

Net Assets

Down

-$2,563,217

Down $2,834,162 (-1046%) from 2014

Liabilities

Up

$3,292,265

Up $3,193,173 (+3222%) from 2014

Revenue

Up

$2,678,489

Up $921,203 (+52%) from 2014

Expenses

Up

$2,717,355

Up $1,061,152 (+64%) from 2014

Net Income

Down

-$38,866

Down $139,949 (-138%) from 2014

Historical Trend

Balance Sheet Trend

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

$40M$20M$0-$20MAssets 2012: $245,318Liabilities 2012: $100,426Net Assets 2012: $144,8922012Assets 2013: $244,361Liabilities 2013: $74,499Net Assets 2013: $169,8622013Assets 2014: $370,037Liabilities 2014: $99,092Net Assets 2014: $270,9452014Assets 2015: $729,048Liabilities 2015: $3,292,265Net Assets 2015: -$2,563,2172015Assets 2016: $2,496,447Liabilities 2016: $4,691,881Net Assets 2016: -$2,195,4342016Assets 2017: $21,702,638Liabilities 2017: $26,298,431Net Assets 2017: -$4,595,7932017Assets 2018: $20,976,387Liabilities 2018: $29,382,085Net Assets 2018: -$8,405,6982018Assets 2019: $21,452,479Liabilities 2019: $30,496,003Net Assets 2019: -$9,043,5242019Assets 2020: $25,341,653Liabilities 2020: $35,191,565Net Assets 2020: -$9,849,9122020Assets 2021: $11,238,962Liabilities 2021: $17,076,093Net Assets 2021: -$5,837,1312021Assets 2022: $9,003,586Liabilities 2022: $13,216,698Net Assets 2022: -$4,213,1122022Assets 2023: $9,044,076Liabilities 2023: $13,973,918Net Assets 2023: -$4,929,8422023Assets 2024: $11,776,360Liabilities 2024: $16,843,768Net Assets 2024: -$5,067,4082024Assets 2025: $13,211,266Liabilities 2025: $16,259,214Net Assets 2025: -$3,047,9482025

Highlighted filing

2015

Assets$729,048
Liabilities$3,292,265
Net Assets-$2,563,217

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2012: $1,056,2862012Expenses 2013: $1,280,2222013Revenue 2014: $1,757,286Expenses 2014: $1,656,203Net Income 2014: $101,0832014Revenue 2015: $2,678,489Expenses 2015: $2,717,355Net Income 2015: -$38,8662015Revenue 2016: $3,167,518Expenses 2016: $3,321,330Net Income 2016: -$153,8122016Revenue 2017: $3,772,644Expenses 2017: $6,173,004Net Income 2017: -$2,400,3602017Revenue 2018: $4,618,196Expenses 2018: $8,184,316Net Income 2018: -$3,566,1202018Revenue 2019: $7,875,342Expenses 2019: $8,513,168Net Income 2019: -$637,8262019Revenue 2020: $8,507,961Expenses 2020: $9,314,349Net Income 2020: -$806,3882020Revenue 2021: $9,927,548Expenses 2021: $8,219,969Net Income 2021: $1,707,5792021Revenue 2022: $9,597,370Expenses 2022: $7,973,351Net Income 2022: $1,624,0192022Revenue 2023: $11,621,678Expenses 2023: $12,419,558Net Income 2023: -$797,8802023Revenue 2024: $13,106,050Expenses 2024: $13,243,616Net Income 2024: -$137,5662024Revenue 2025: $16,224,174Expenses 2025: $14,204,714Net Income 2025: $2,019,4602025

Highlighted filing

2015

Revenue$2,678,489
Expenses$2,717,355
Net Income-$38,866
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 30, 2015
Return Version
2014v5.0
Gross Receipts
$2,678,489
Mission and Program Overview

Mission

From the seminar to the science lab, from the music room to the playing field, we begin with the conviction that all human beings can know truth, create beauty and practice goodness. To that end, we expect students to develop basic tools of learning, ordered basic knowledge, moral seriousness, breadth and depth of imagination, artistic ability and sensitivity, and a sense of wonder.

To provide quality education to grades 6-12 students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$339,048$566,153▲ $227,105
Accounts Receivable$18,780$82,562▲ $63,782
Prepaid Expenses and Deferred Charges$7$72,198▲ $72,191
Land, Buildings, and Equipment, Net$12,202$8,135▼ $4,067
Total Assets$370,037$729,048▲ $359,011
Liabilities
Other Liabilities$0$3,139,179▲ $3,139,179
Accounts Payable and Accrued Expenses$96,261$151,555▲ $55,294
Deferred Revenue$2,831$1,531▼ $1,300
Total Liabilities$99,092$3,292,265▲ $3,193,173
Net Assets / Fund Balance
Temporarily Rstr Net Assets$48,800$73,900▲ $25,100
Unrestricted Net Assets$222,145$-2,637,117▼ $2,859,262
Total Net Assets Fund Balance$270,945$-2,563,217▼ $2,834,162
Total Liabilities and Net Assets / Fund Balance$370,037$729,048▲ $359,011

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,135$20,335$28,470
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary Faith HallHead of SchoolFT$52,530$8,867$61,397

Board Members and Trustees

NameTitle
Joel BarstadBoard Chair
Jon BarronVice Chair
Jim HeitzmannDirector
Sam EdwardsDirector
Tim SeibertDirector
Rebecca von BoeckSecretary
Eileen JohnstonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$179,827
Program Service Revenue
$2,498,561
Investment Income
$101
Other Revenue
$0
All Other Contributions
$62,300
Change in Net Assets
$-38,866

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,678,489
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,678,489
Total Revenue per Form 990
$2,678,489
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,878,533
Other Expenses$838,822
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,415,948$36,287-$1,452,235
Other Employee Benefits$349,919$14,982-$364,901
Occupancy$172,168$30,383-$202,551
Office Expenses$157,590$39,317-$196,907
Other Expenses$71,768$29,099-$100,867
Current Officers, Directors, Trustees, and Key Employees$52,187$9,210-$61,397
Fees for Services Management-$49,262-$49,262
Depreciation Depletion$4,067--$4,067
Fees for Services Other$2,097$213-$2,310
Total Functional Expenses$2,387,963$329,392$0$2,717,355

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,717,355
Total Expenses per Audited Statements$2,717,355
Total Expenses per Form 990$2,717,355
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net pension liability$3,139,179
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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 11

The board of directors designates an individual to review the form 990 before filing.

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

The Organization conducts periodic reviews of any compensation or agreements and whether any relationships with taxable organizations conform with the corporation's policies and are properly recorded.

Form 990, Part VI, Section B, line 15A

A formal review of the Head of School is conducted in January at which time a decision will be made to renew the contract or not.

Form 990, Part VI, Section C, line 19

The organization makes governing documents, policies, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Thomas MacLaren State Charter School
EIN
26-0505334
Phone
7193134488
Address
303 Austin Bluffs Parkway, Colorado Springs, CO 80918

Signing Officer

Name
Eileen Johnston
Title
Treasurer
Phone
7193134488
Signed
2015-10-30
Discuss with paid preparer
No

Organization Details

Principal Officer
Eileen Johnston
Formed
2007
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
48
Volunteers
100

Preparer

Firm
Hoelting & Company Inc
Address
31 E Platte Ave Ste 300, Colorado Springs, CO 80903
Preparer
Thomas Sistare
Phone
7196301091
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The board of directors assumes responsibility for the oversight of the audit and selection of an independent accountant. This procedure has not changed from prior years.

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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/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02498561
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/BookValueAmt08135
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020335
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028470
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02717355
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03139179
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net pension liability
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02678489
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08135
IRS990ScheduleD/TotalExpensesPerForm990Amt02717355
IRS990ScheduleD/TotalLiabilityAmt03139179
IRS990ScheduleD/TotalRevenuePerForm990Amt02678489
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02678489
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02717355
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/ExplanationTxt0The nondiscriminatory policy is publicized in marketing communications and on the school's website to make it known to all parts of the general community it serves.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Per pupil funding and federal grant funding is received through the Colorado Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board of directors designates an individual to review the form 990 before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization conducts periodic reviews of any compensation or agreements and whether any relationships with taxable organizations conform with the corporation's policies and are properly recorded.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A formal review of the Head of School is conducted in January at which time a decision will be made to renew the contract or not.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes governing documents, policies, and financial statements available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The board of directors assumes responsibility for the oversight of the audit and selection of an independent accountant. This procedure has not changed from prior years.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 2c
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt048800
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt073900
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0370037
IRS990/TotalAssetsEOYAmt0729048
IRS990/TotalAssetsGrp/BOYAmt0370037
IRS990/TotalAssetsGrp/EOYAmt0729048
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0179827
IRS990/TotalEmployeeCnt048
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0329392
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02387963
IRS990/TotalFunctionalExpensesGrp/TotalAmt02717355
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt099092
IRS990/TotalLiabilitiesEOYAmt03292265
IRS990/TotalLiabilitiesGrp/BOYAmt099092
IRS990/TotalLiabilitiesGrp/EOYAmt03292265
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0270945
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2563217
IRS990/TotalOtherCompensationAmt08867
IRS990/TotalProgramServiceExpensesAmt02387963
IRS990/TotalProgramServiceRevenueAmt02498561
IRS990/TotalReportableCompFromOrgAmt052530
IRS990/TotalRevenueGrp/ExclusionAmt0101
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02498561
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02678489
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0370037
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0729048
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0222145
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-2637117
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0303 Austin Bluffs Parkway
IRS990/USAddress/CityNm0Colorado Springs
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080918
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.maclarenschool.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0Eileen Johnston
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07193134488
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Thomas MacLaren State Charter School
ReturnHeader/Filer/BusinessNameControlTxt0THOM
ReturnHeader/Filer/EIN0260505334
ReturnHeader/Filer/PhoneNum07193134488
ReturnHeader/Filer/USAddress/AddressLine1Txt0303 Austin Bluffs Parkway
ReturnHeader/Filer/USAddress/CityNm0Colorado Springs
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080918
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0300514455
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Hoelting & Company Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt031 E Platte Ave Ste 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Colorado Springs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080903
ReturnHeader/PreparerPersonGrp/PhoneNum07196301091
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Thomas Sistare
ReturnHeader/ReturnTs02015-11-06T10:24:32-06:00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$13.2$16.3$3.05$16.2$14.2$2.02
2024Detailed filing. Detailed filing data is available for this year.$11.8$16.8$5.07$13.1$13.2$0.14
2023Detailed filing. Detailed filing data is available for this year.$9.04$14.0$4.93$11.6$12.4$0.80
2022Detailed filing. Detailed filing data is available for this year.$9.00$13.2$4.21$9.60$7.97$1.62
2021Detailed filing. Detailed filing data is available for this year.$11.2$17.1$5.84$9.93$8.22$1.71
2020Detailed filing. Detailed filing data is available for this year.$25.3$35.2$9.85$8.51$9.31$0.81
2019Detailed filing. Detailed filing data is available for this year.$21.5$30.5$9.04$7.88$8.51$0.64
2018Detailed filing. Detailed filing data is available for this year.$21.0$29.4$8.41$4.62$8.18$3.57
2017Detailed filing. Detailed filing data is available for this year.$21.7$26.3$4.60$3.77$6.17$2.40
2016Detailed filing. Detailed filing data is available for this year.$2.50$4.69$2.20$3.17$3.32$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.73$3.29$2.56$2.68$2.72$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.10$0.27$1.76$1.66$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.07$0.17$1.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.10$0.14$1.06