Civic Intelligence

Agc Educational Endowment Fund

990EZ • Fiscal year 2010 • EIN 34-6480126

Jan 01, 2010 to Dec 31, 2010 • Filed on May 13, 2011

Organization ProfileWWW.AGCMICHIGAN.ORG
PO Box 2700548909
Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

Higher debt load relative to assets than 46% of similar nonprofits.

2010 filings • 501(c)3 • <$500k nonprofits • Source year 2010

Liabilities / Revenue

48th percentile

0.00x

Higher debt load relative to revenue than 48% of similar nonprofits.

2010 filings • 501(c)3 • <$500k nonprofits • Source year 2010

Net Margin

91st percentile

49%

Higher net margin than 91% of similar nonprofits.

2010 filings • 501(c)3 • <$500k nonprofits • Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Balance Sheet
Liabilities / Assets46th percentile

Assets

$476,286

No earlier filing loaded for comparison.

Net Assets

$476,256

No earlier filing loaded for comparison.

Liabilities

$30

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue48th percentileNet Margin91st percentile

Revenue

$32,310

No earlier filing loaded for comparison.

Expenses

$16,500

No earlier filing loaded for comparison.

Net Income

$15,810

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $476,286Liabilities 2010: $30Net Assets 2010: $476,2562010Assets 2011: $493,586Liabilities 2011: $1,090Net Assets 2011: $492,4962011Assets 2014: $719,108Liabilities 2014: $8,358Net Assets 2014: $710,7502014Assets 2015: $754,181Liabilities 2015: $15,840Net Assets 2015: $738,3412015Assets 2016: $833,908Liabilities 2016: $22,541Net Assets 2016: $811,3672016Assets 2017: $974,239Liabilities 2017: $38,731Net Assets 2017: $935,5082017Assets 2018: $961,605Liabilities 2018: $35,920Net Assets 2018: $925,6852018Assets 2019: $1,106,721Liabilities 2019: $79,615Net Assets 2019: $1,027,1062019Assets 2020: $1,204,114Liabilities 2020: $110,489Net Assets 2020: $1,093,6252020Assets 2021: $1,347,260Liabilities 2021: $114,253Net Assets 2021: $1,233,0072021Assets 2022: $1,209,447Liabilities 2022: $141,713Net Assets 2022: $1,067,7342022Assets 2024: $1,536,699Liabilities 2024: $278,831Net Assets 2024: $1,257,8682024

Highlighted filing

2010

Assets$476,286
Liabilities$30
Net Assets$476,256
Open 2010 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50K-$100KRevenue 2010: $32,310Expenses 2010: $16,500Net Income 2010: $15,8102010Revenue 2011: $43,379Expenses 2011: $18,500Net Income 2011: $24,8792011Revenue 2014: $54,581Expenses 2014: $35,095Net Income 2014: $19,4862014Revenue 2015: $65,665Expenses 2015: $27,811Net Income 2015: $37,8542015Revenue 2016: $63,862Expenses 2016: $27,593Net Income 2016: $36,2692016Revenue 2017: $71,009Expenses 2017: $21,122Net Income 2017: $49,8872017Revenue 2018: $41,014Expenses 2018: $17,500Net Income 2018: $23,5142018Revenue 2019: $41,432Expenses 2019: $46,500Net Income 2019: -$5,0682019Revenue 2020: $37,267Expenses 2020: $47,200Net Income 2020: -$9,9332020Revenue 2021: $63,295Expenses 2021: $55,545Net Income 2021: $7,7502021Revenue 2022: $40,571Expenses 2022: $54,997Net Income 2022: -$14,4262022Revenue 2024: $63,790Expenses 2024: $125,797Net Income 2024: -$62,0072024

Highlighted filing

2010

Revenue$32,310
Expenses$16,500
Net Income$15,810
Open 2010 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
May 13, 2011
Return Version
2010v3.2
Mission and Program Overview

Mission

Formed for the purpose of establishing a scholarship fund for students who are pursuing college, university, technical, or similar advanced education and training related to architectural, engineering, or construction trades.

Filing and Contact Details

Filer

EIN
34-6480126
Raw XML Appendix188 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/ActivitiesNotPreviouslyRpt00
IRS990EZ/AmountOfTaxImposedOnOrgMgr00
IRS990EZ/AmountOfTaxReimbursedByOrg00
IRS990EZ/CashSavingsAndInvestments/BOY0444422
IRS990EZ/CashSavingsAndInvestments/EOY0476286
IRS990EZ/ContributionsGiftsGrantsEtc025400
IRS990EZ/DirectIndirectPoliticalExpend00
IRS990EZ/DoesOrgHaveHospital00
IRS990EZ/EngagedInExcessBenefitTrans00
IRS990EZ/EngageInLobbyingActivities00
IRS990EZ/EngagePoliticalCmpgnActivities00
IRS990EZ/ExcessOrDeficitForYear015810
IRS990EZ/FiledScheduleA01
IRS990EZ/ForeignFinancialAccount00
IRS990EZ/ForeignOffice00
IRS990EZ/GrantsAndSimilarAmountsPaid012000
IRS990EZ/GrossReceipts032310
IRS990EZ/InfoInScheduleOPartI0X
IRS990EZ/InfoInScheduleOPartII0X
IRS990EZ/InfoInScheduleOPartIII0X
IRS990EZ/InfoInScheduleOPartV0X
IRS990EZ/InvestmentIncome06910
IRS990EZ/MadeChangesToOrgnzngEtcDoc00
IRS990EZ/MadeLoansToFromOfficers00
IRS990EZ/MaintainAnyDonorAdvisedFunds00
IRS990EZ/MethodOfAccountingAccrual0X
IRS990EZ/NetAssetsOrFundBalances/BOY0438109
IRS990EZ/NetAssetsOrFundBalancesBOY0438109
IRS990EZ/NetAssetsOrFundBalances/EOY0476256
IRS990EZ/NetAssetsOrFundBalancesEOY0476256
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine10PO BOX 27005
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine11PO BOX 27005
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine12PO BOX 27005
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City0LANSING
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City1LANSING
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City2LANSING
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State0MI
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State1MI
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State2MI
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode048909
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode148909
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode248909
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition01.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition11.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition21.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0CHAD RIEHL
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1DARRYL MASSA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2JIM NAHRGANG
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2DIRECTOR
IRS990EZ/OperatingSchool00
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc00
IRS990EZ/OrganizationHadUBI00
IRS990EZ/OtherChangesInNetAssets022337
IRS990EZ/OtherExpensesTotal04500
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0TO ENTAIL THE FINANCIAL GRANT OF MONIES DIRECTLY TO STUDENTS AT A POST-HIGH SCHOOL LEVEL WHO ARE INVOLVED IN EDUCATIONAL PROGRAMS THAT ARE RELATED TO THE CONSTRUCTION INDUSTRY. ALSO, TO GIVE DIRECT GIFTS TO STATE COLLEGES AND UNIVERSITIES TO AID DEPARTMENTS THAT TEACH OR ADVANCE THE CONSTRUCTION INDUSTRY.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0SCHOLARSHIPS GIVEN TO QUALIFED STUDENTS TO HELP WITH THEIR EDUCATION
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations00
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses012000
IRS990EZ/ProhibitedTaxShelterTrans00
IRS990EZ/RelatedOrgControlledEntity00
IRS990EZ/StatesWhereCopyOfReturnIsFiled0MI
IRS990EZ/SumOfTotalLiabilities/BOY06313
IRS990EZ/SumOfTotalLiabilities/EOY030
IRS990EZ/TanningServicesProvided00
IRS990EZ/TaxImposedUnderIRC491100
IRS990EZ/TaxImposedUnderIRC491200
IRS990EZ/TaxImposedUnderIRC495500
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine102323 N LARCH ST
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0LANSING
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0MI
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode048906
IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10BART CARRIGAN
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber05173711550
IRS990EZ/TotalAssets/BOY0444422
IRS990EZ/TotalAssets/EOY0476286
IRS990EZ/TotalExpenses016500
IRS990EZ/TotalProgramServiceExpenses012000
IRS990EZ/TotalRevenue032310
IRS990EZ/TransactionWithControlEntity00
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg00
IRS990EZ/WebSite0WWW.AGCMICHIGAN.ORG
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear025400
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year039635
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years052588
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years04808
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years016863
IRS990ScheduleA/GiftsGrantsContribReceived170/Total0139294
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear07025
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year09423
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years011211
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years012253
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years09905
IRS990ScheduleA/GrossInvestmentIncome170/Total049817
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus1Year022250
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus2Years030250
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus3Years082297
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus4Years039417
IRS990ScheduleA/OtherIncome170/Total0174214
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.38340
IRS990ScheduleA/PublicSupportPertcentPriorYear00.34180
IRS990ScheduleA/PublicSupportTotal1700139294
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear025400
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year039635
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years052588
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years04808
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years016863
IRS990ScheduleA/Total170/Total0139294
IRS990ScheduleA/TotalSupport0363325
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990ScheduleO/GeneralExplanation/Explanation0INTEREST INCOME 6,910..
IRS990ScheduleO/GeneralExplanation/Explanation1ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: SPENCER YOUNG. AMOUNT GIVEN: 2,000.
IRS990ScheduleO/GeneralExplanation/Explanation2ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: RENEE EDDY. AMOUNT GIVEN: 2,000.
IRS990ScheduleO/GeneralExplanation/Explanation3ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: NATHAN PITTERS. AMOUNT GIVEN: 2,000.
IRS990ScheduleO/GeneralExplanation/Explanation4ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: REBECCA FORBES. AMOUNT GIVEN: 2,000.
IRS990ScheduleO/GeneralExplanation/Explanation5ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: BRIAN BELLMORE. AMOUNT GIVEN: 2,000.
IRS990ScheduleO/GeneralExplanation/Explanation6ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: ALICIA HAYDAMACK. AMOUNT GIVEN: 2,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 12,000.
IRS990ScheduleO/GeneralExplanation/Explanation7DESCRIPTION: CONTRIBUTIONS. AMOUNT: 4,500.
IRS990ScheduleO/GeneralExplanation/Explanation8DESCRIPTION: UNREALIZED GAIN ON INVESTMENTS. AMOUNT: 22,337.
IRS990ScheduleO/GeneralExplanation/Explanation9DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 6,313. END OF YEAR AMOUNT: 30.
IRS990ScheduleO/GeneralExplanation/Identifier0OTHER INVESTMENT INCOME
IRS990ScheduleO/GeneralExplanation/Identifier1GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/GeneralExplanation/Identifier2GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/GeneralExplanation/Identifier3GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/GeneralExplanation/Identifier4GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/GeneralExplanation/Identifier5GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/GeneralExplanation/Identifier6GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/GeneralExplanation/Identifier7OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier8OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier9OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990-EZ, PART I, LINE 4
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference8FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/GeneralExplanation/ReturnReference9FORM 990-EZ, PART II, LINE 26
TransferPrsnlBnftContractsDecl/Declaration0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/Filer/EIN0346480126
ReturnHeader/Filer/Name/BusinessNameLine10AGC EDUCATIONAL ENDOWMENT FUND
ReturnHeader/Filer/NameControl0AGCE
ReturnHeader/Filer/Phone05173711550
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 27005
ReturnHeader/Filer/USAddress/City0LANSING
ReturnHeader/Filer/USAddress/State0MI
ReturnHeader/Filer/USAddress/ZIPCode048909
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02011-05-13
ReturnHeader/Officer/Name0BART CARRIGAN
ReturnHeader/Officer/Phone05173711550
ReturnHeader/Officer/Title0OFFICER
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10DOEREN MAYHEW
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10755 W BIG BEAVER SUITE 2300
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0TROY
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0MI
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode048084
ReturnHeader/Preparer/Phone02482443000
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02010-01-01
ReturnHeader/TaxPeriodEndDate02010-12-31
ReturnHeader/TaxYear02010
ReturnHeader/Timestamp02011-05-13T10:52:41-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2010 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$476,286
Liabilities
$30
Net assets
$476,256
Revenue
$32,310
Expenses
$16,500
Net income
$15,810
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.28$1.26$0.06$0.13$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.14$1.07$0.04$0.05$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.11$1.23$0.06$0.06$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.11$1.09$0.04$0.05$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.08$1.03$0.04$0.05$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.04$0.93$0.04$0.02$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.04$0.94$0.07$0.02$0.05
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.02$0.81$0.06$0.03$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.02$0.74$0.07$0.03$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.72$0.01$0.71$0.05$0.04$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$0.04$0.02$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.00$0.48$0.03$0.02$0.02