Civic Intelligence

Big Waters Federation

990EZ • Fiscal year 2021 • EIN 36-3948763

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 25, 2021

119 S Emerson Street Pmb 162Mount Prospect, IL 60056

(847) 296-4718

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

21st percentile

-15%

Higher net margin than 21% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

20th percentile

-18%

Faster asset growth than 20% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

15th percentile

-56%

Faster revenue growth than 15% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$44,437

Down $9,801 (-18%) from 2020

Net Assets

Down

$44,356

Down $9,882 (-18%) from 2020

Liabilities

Up

$81

Up $81 from 2020

Revenue

Down

$64,498

Down $82,068 (-56%) from 2020

Expenses

Down

$74,380

Down $65,765 (-47%) from 2020

Net Income

Down

-$9,882

Down $16,303 (-254%) from 2020

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $60,999Net Assets 2011: $60,9992011Assets 2013: $58,129Net Assets 2013: $58,1292013Assets 2014: $63,088Liabilities 2014: $0Net Assets 2014: $63,0882014Assets 2015: $55,921Liabilities 2015: $0Net Assets 2015: $55,9212015Assets 2016: $74,241Liabilities 2016: $0Net Assets 2016: $74,2412016Assets 2017: $65,143Liabilities 2017: $0Net Assets 2017: $65,1432017Assets 2018: $52,274Liabilities 2018: $0Net Assets 2018: $52,2742018Assets 2019: $47,817Liabilities 2019: $0Net Assets 2019: $47,8172019Assets 2020: $54,238Liabilities 2020: $0Net Assets 2020: $54,2382020Assets 2021: $44,437Liabilities 2021: $81Net Assets 2021: $44,3562021Assets 2022: $34,920Liabilities 2022: $265Net Assets 2022: $34,6552022Assets 2023: $41,353Net Assets 2023: $41,3532023Assets 2024: $43,489Liabilities 2024: $75Net Assets 2024: $43,4142024Assets 2025: $50,845Liabilities 2025: $0Net Assets 2025: $50,8452025

Highlighted filing

2021

Assets$44,437
Liabilities$81
Net Assets$44,356

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $66,948Expenses 2011: $63,415Net Income 2011: $3,5332011Revenue 2013: $45,565Expenses 2013: $53,374Net Income 2013: -$7,8092013Revenue 2014: $53,885Expenses 2014: $48,926Net Income 2014: $4,9592014Revenue 2015: $49,732Expenses 2015: $56,899Net Income 2015: -$7,1672015Revenue 2016: $71,581Expenses 2016: $53,261Net Income 2016: $18,3202016Revenue 2017: $229,984Expenses 2017: $238,568Net Income 2017: -$8,5842017Revenue 2018: $220,645Expenses 2018: $233,514Net Income 2018: -$12,8692018Revenue 2019: $218,378Expenses 2019: $222,835Net Income 2019: -$4,4572019Revenue 2020: $146,566Expenses 2020: $140,145Net Income 2020: $6,4212020Revenue 2021: $64,498Expenses 2021: $74,380Net Income 2021: -$9,8822021Revenue 2022: $156,983Expenses 2022: $166,686Net Income 2022: -$9,7032022Revenue 2023: $187,782Expenses 2023: $181,083Net Income 2023: $6,6992023Revenue 2024: $194,654Expenses 2024: $192,593Net Income 2024: $2,0612024Revenue 2025: $203,976Expenses 2025: $196,545Net Income 2025: $7,4312025

Highlighted filing

2021

Revenue$64,498
Expenses$74,380
Net Income-$9,882
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 25, 2021
Return Version
2020v4.0
Gross Receipts
$64,498
Mission and Program Overview

Mission

The purpose of the organization shall be: to foster the companionship or parents and children through the growth of families & tribes and, to implement the sharing of ideas about programs & policies which will be mutually beneficial to all.

Program Services

DescriptionGrantsExpenses
CAMPOUT EVENT EXPENSES 553 ACTIVE MEMBERS OF THE ORGANIZATION SERVED.-$44,466
OTHER EXPENSES-$23,997
NATION ACTIVITIES & RECRUITING-$3,322
PROGRAM MATERIALS-$2,595
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID DROLLPresident-$0--
STEVEN HECKARDVice Preside-$0--
TRAVIS LARSONTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Big Waters Federation
EIN
36-3948763
Phone
8472964718
Address
119 S EMERSON STREET PMB 162, MOUNT PROSPECT, IL 60056

Signing Officer

Name
Travis Larson
Title
Treasurer
Phone
8472964718
Signed
2021-10-25
Discuss with paid preparer
Yes

Preparer

Firm
Kaizen Accounting and Valuation LLC
Address
6785 WEAVER RD SUITE 1B, ROCKFORD, IL 61114
Preparer
Bradley Steinberg
Phone
8153296150
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 228 information technology 1,899 business registration fee 25 campout event expenses 44,466 nation activities/recruit 3,322 program materials 2,595 rental expenses 1,187 total 53,722

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 81

Form 990-ez, Part III

The purpose of the organization shall be: to foster the companionship or parents and children through the growth of families & tribes and, to implement the sharing of ideas about programs & policies which will be mutually beneficial to all.

Form 990-ez, Part III, Line 31

OTHER EXPENSES

Raw XML Appendix162 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0DAVID DROLL
CompensationExplanation/CompensationExplanationGrp/PersonNm1STEVEN HECKARD
CompensationExplanation/CompensationExplanationGrp/PersonNm2TRAVIS LARSON
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BIG WATERS FEDERATION
IRS990EZ/BooksInCareOfDetail/PhoneNum08472964718
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0119 S EMERSON STREET PMB 162
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MOUNT PROSPECT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060056
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt054238
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt044437
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt018590
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9882
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0650
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt054238
IRS990EZ/Form990TotalAssetsGrp/EOYAmt044437
IRS990EZ/GrossReceiptsAmt064498
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt019
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt054238
IRS990EZ/NetAssetsOrFundBalancesEOYAmt044356
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt054238
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt044356
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID DROLL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STEVEN HECKARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TRAVIS LARSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt053722
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE ORGANIZATION SHALL BE: TO FOSTER THE COMPANIONSHIP OR PARENTS AND CHILDREN THROUGH THE GROWTH OF FAMILIES & TRIBES AND, TO IMPLEMENT THE SHARING OF IDEAS ABOUT PROGRAMS & POLICIES WHICH WILL BE MUTUALLY BENEFICIAL TO ALL.
IRS990EZ/ProgramServiceRevenueAmt045889
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CAMPOUT EVENT EXPENSES 553 ACTIVE MEMBERS OF THE ORGANIZATION SERVED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1NATION ACTIVITIES & RECRUITING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PROGRAM MATERIALS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3OTHER EXPENSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt044466
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt13322
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt22595
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt323997
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt020008
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt081
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt074380
IRS990EZ/TotalProgramServiceExpensesAmt074380
IRS990EZ/TotalRevenueAmt064498
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0BIGWATERS.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt018590
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0120194
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0189616
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0191760
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0180208
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0700368
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt019
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt041
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt046
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt064
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt065
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0235
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt045908
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt026331
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt028716
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt028821
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt049711
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0179487
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt019
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt041
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt046
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt064
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt065
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0235
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt0879855
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt064498
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0146525
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0218332
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0220581
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0229919
IRS990ScheduleA/Total509Grp/TotalAmt0879855
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt064517
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0146566
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0218378
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0220645
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0229984
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0880090
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 228 INFORMATION TECHNOLOGY 1,899 BUSINESS REGISTRATION FEE 25 CAMPOUT EVENT EXPENSES 44,466 NATION ACTIVITIES/RECRUIT 3,322 PROGRAM MATERIALS 2,595 RENTAL EXPENSES 1,187 TOTAL 53,722
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 81
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PURPOSE OF THE ORGANIZATION SHALL BE: TO FOSTER THE COMPANIONSHIP OR PARENTS AND CHILDREN THROUGH THE GROWTH OF FAMILIES & TRIBES AND, TO IMPLEMENT THE SHARING OF IDEAS ABOUT PROGRAMS & POLICIES WHICH WILL BE MUTUALLY BENEFICIAL TO ALL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TRAVIS LARSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08472964718
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BIG WATERS FEDERATION
ReturnHeader/Filer/BusinessNameControlTxt0BIGW
ReturnHeader/Filer/EIN0363948763
ReturnHeader/Filer/PhoneNum08472964718
ReturnHeader/Filer/USAddress/AddressLine1Txt0119 S EMERSON STREET PMB 162
ReturnHeader/Filer/USAddress/CityNm0MOUNT PROSPECT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060056
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0830740746
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KAIZEN ACCOUNTING AND VALUATION LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06785 WEAVER RD SUITE 1B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCKFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061114
ReturnHeader/PreparerPersonGrp/PhoneNum08153296150
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRADLEY STEINBERG
ReturnHeader/ReturnTs02021-10-29T14:17:02-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TRAVIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LARSON
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.00$0.51$2.04$1.97$0.07
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.00$0.43$1.95$1.93$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.41$0.41$1.88$1.81$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$1.57$1.67$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.64$0.74$0.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.00$0.54$1.47$1.40$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.00$0.48$2.18$2.23$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.00$0.52$2.21$2.34$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.00$0.65$2.30$2.39$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.72$0.53$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.50$0.57$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.54$0.49$0.05
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.58$0.46$0.53$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.61$0.67$0.63$0.04