Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Polk County Higher Education & Technology Foundation
990EZ • Fiscal year 2019 • EIN 27-0411361
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.06x
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
13th percentile
Higher net margin than 13% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
23rd percentile
Faster asset growth than 23% of similar nonprofits.
Revenue Growth
66th percentile
Faster revenue growth than 66% of similar nonprofits.
Balance Sheet
Assets
Down$194,783
Down $39,806 (-17%) from 2018
Net Assets
Down$182,319
Down $35,553 (-16%) from 2018
Liabilities
Down$12,464
Down $4,253 (-25%) from 2018
Revenue And Expenses
Revenue
Up$130,483
Up $15,090 (+13%) from 2018
Expenses
Up$166,036
Up $5,878 (+3.7%) from 2018
Net Income
Up-$35,553
Up $9,212 (+21%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2018 to Sep 30, 2019
- Signed
- Nov 26, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $142,458
Mission and Program Overview
Mission
To promote education, scientific and other charitable purposes in polk county, tx, and to provide a development facility in polk county, tx which will be for the exclusive purpose as an education and training center, including any ancillary uses necessary.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDE ADDITIONAL FUNDING AND PUBLIC AWARENESS AND PARTICIPATION IN ORDER TO ACCOMPLISH THE GOAL OF ESTABLISHING A HIGHER EDUCATION FACILITY IN POLK COUNTY. | - | $166,036 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SYDNEY MURPHY | Director | - | $0 | - | - |
| SHELLY SITTON | Secretary | - | $0 | - | - |
| CONNIE SLOCOMB | Director | - | $0 | - | - |
| CRAIG EVANS | President | - | $0 | - | - |
| GARVEY JACKSON | Treasurer | - | $0 | - | - |
| MARTHA WATSON | Director | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Ogden Jubilee | $19,081 | $19,081 | $6,401 | $12,680 |
| Total Events | $19,081 | $19,081 | $11,713 | $7,368 |
Filing and Contact Details
Filer
- Filer Name
- Polk County Higher Education &
- EIN
- 27-0411361
- Phone
- 9363273166
- Address
- 203 N HOUSTON AVE, LIVINGSTON, TX 77351
Signing Officer
- Name
- Garvey Jackson
- Title
- Treasurer
- Phone
- 9363273166
- Signed
- 2019-11-26
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Axley & Rode Llp
- Address
- 203 N HOUSTON AVE, LIVINGSTON, TX 77351
- Preparer
- J Garvey Jackson Pc CPA
- Phone
- 9363273166
Supplemental Narrative
Additional Explanations
Form 990-ez, Part II, Line 24
“Accounts receivable 5,859 2,495 portable stage 64,001 183,275 less accumulated depreciation 46,477 55,620 pipe & drape for stage 1,739 0 less accumulated depreciation 1,262 1,510 paragon popcorn machine 887 0 less accumulated depreciation 645 772 executive director desk 909 0 less accumulated depreciation 661 791 clarke 20" buffer 950 0 less accumulated depreciation 667 803 signs 5,071 0 less accumulated depreciation 1,549 1,887 tables & chairs 40,904 0 less accumulated depreciation 30,190 36,033 817 banquet chairs 67,541 0 less accumulated depreciation 49,048 58,697 chairs & desks 694 0 less accumulated depreciation 503 602 7 banquet chairs 579 0 less accumulated depreciation 407 490 undeposited funds 875 2,700 total 58,600 31,265”
Form 990-ez, Part II, Line 26
“Damange deposits 15,700 11,450 payroll liabilities 1,017 1,014”
Form 990-ez, Part III
“To promote education, scientific and other charitable purposes in polk county, tx, and to provide a development facility in polk county, tx which will be for the exclusive purpose as an education and training center, including any ancillary uses necessary.”
Raw XML Appendix163 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | GARVEY JACKSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9363273166 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 203 N HOUSTON AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LIVINGSTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77351 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 175989 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 163518 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 37613 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -35553 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4270 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 234589 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 194783 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 19509 |
| IRS990EZ/GrossReceiptsAmt | 0 | 142458 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 217872 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 182319 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 217872 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 182319 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 110540 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SYDNEY MURPHY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SHELLY SITTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CONNIE SLOCOMB |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | CRAIG EVANS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | GARVEY JACKSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | MARTHA WATSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 58600 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 31265 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROMOTE EDUCATION, SCIENTIFIC AND OTHER CHARITABLE PURPOSES IN POLK COUNTY, TX, AND TO PROVIDE A DEVELOPMENT FACILITY IN POLK COUNTY, TX WHICH WILL BE FOR THE EXCLUSIVE PURPOSE AS AN EDUCATION AND TRAINING CENTER, INCLUDING ANY ANCILLARY USES NECESSARY. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 85336 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDE ADDITIONAL FUNDING AND PUBLIC AWARENESS AND PARTICIPATION IN ORDER TO ACCOMPLISH THE GOAL OF ESTABLISHING A HIGHER EDUCATION FACILITY IN POLK COUNTY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 166036 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 51226 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 11975 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 7534 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 16717 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 12464 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 166036 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 166036 |
| IRS990EZ/TotalRevenueAmt | 0 | 130483 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 37613 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 22830 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 21395 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 20870 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 55826 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 158534 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 166799 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.90500 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.98290 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 158534 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 37613 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 22830 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 21395 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 20870 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 55826 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 158534 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 175168 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt | 0 | 6534 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10100 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 16634 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 11713 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt | 0 | 5312 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt | 0 | 5312 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | OGDEN JUBILEE |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 19081 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 19081 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 19081 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 19081 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 7368 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 6401 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 6401 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACCOUNTS RECEIVABLE 5,859 2,495 PORTABLE STAGE 64,001 183,275 LESS ACCUMULATED DEPRECIATION 46,477 55,620 PIPE & DRAPE FOR STAGE 1,739 0 LESS ACCUMULATED DEPRECIATION 1,262 1,510 PARAGON POPCORN MACHINE 887 0 LESS ACCUMULATED DEPRECIATION 645 772 EXECUTIVE DIRECTOR DESK 909 0 LESS ACCUMULATED DEPRECIATION 661 791 CLARKE 20" BUFFER 950 0 LESS ACCUMULATED DEPRECIATION 667 803 SIGNS 5,071 0 LESS ACCUMULATED DEPRECIATION 1,549 1,887 TABLES & CHAIRS 40,904 0 LESS ACCUMULATED DEPRECIATION 30,190 36,033 817 BANQUET CHAIRS 67,541 0 LESS ACCUMULATED DEPRECIATION 49,048 58,697 CHAIRS & DESKS 694 0 LESS ACCUMULATED DEPRECIATION 503 602 7 BANQUET CHAIRS 579 0 LESS ACCUMULATED DEPRECIATION 407 490 UNDEPOSITED FUNDS 875 2,700 TOTAL 58,600 31,265 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DAMANGE DEPOSITS 15,700 11,450 PAYROLL LIABILITIES 1,017 1,014 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TO PROMOTE EDUCATION, SCIENTIFIC AND OTHER CHARITABLE PURPOSES IN POLK COUNTY, TX, AND TO PROVIDE A DEVELOPMENT FACILITY IN POLK COUNTY, TX WHICH WILL BE FOR THE EXCLUSIVE PURPOSE AS AN EDUCATION AND TRAINING CENTER, INCLUDING ANY ANCILLARY USES NECESSARY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2020-03-31 21:24:44Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GARVEY JACKSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9363273166 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-11-26 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | POLK COUNTY HIGHER EDUCATION & |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | TECHNOLOGY FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | POLK |
| ReturnHeader/Filer/EIN | 0 | 270411361 |
| ReturnHeader/Filer/PhoneNum | 0 | 9363273166 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 203 N HOUSTON AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LIVINGSTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 77351 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 4069FC157CB9B80FE8968E93C3C6556E49D6D9C2 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | D425023B26B68A997CF3590326F623CBE2DB7022 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 52.38.98.93 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-11-26 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 14:29:03 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 750767305 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | AXLEY & RODE LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 203 N HOUSTON AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LIVINGSTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 77351 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9363273166 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-11-26 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | J GARVEY JACKSON PC CPA |
| ReturnHeader/ReturnTs | 0 | 2019-11-26T14:29:03-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-09-30 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $194,783
- Liabilities
- $12,464
- Net assets
- $182,319
- Revenue
- $130,483
- Expenses
- $166,036
- Net income
- -$35,553