Civic Intelligence

Southwest District Mission Program Inc.

990EZ • Fiscal year 2016 • EIN 38-3924452

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 21, 2017

Organization ProfileN/A
125 Treviso CTNorth Venice, FL 34275

(941) 468-7209

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

45th percentile

1.2%

Higher net margin than 45% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

90th percentile

84%

Faster asset growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

91st percentile

81%

Faster revenue growth than 91% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$4,751

Up $2,162 (+84%) from 2015

Net Assets

$4,751

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin45th percentile

Revenue

Up

$180,577

Up $80,702 (+81%) from 2015

Expenses

Up

$178,415

Up $77,867 (+77%) from 2015

Net Income

Up

$2,162

Up $2,835 (+421%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$80K$60K$40K$20K$0Assets 2014: $3,262Liabilities 2014: $02014Assets 2015: $2,589Liabilities 2015: $02015Assets 2016: $4,751Liabilities 2016: $0Net Assets 2016: $4,7512016Assets 2017: $10,131Liabilities 2017: $0Net Assets 2017: $10,1312017Assets 2018: $19,621Liabilities 2018: $0Net Assets 2018: $19,6212018Assets 2019: $42,777Liabilities 2019: $0Net Assets 2019: $42,7772019Assets 2020: $74,891Liabilities 2020: $0Net Assets 2020: $74,8912020Assets 2021: $50,878Liabilities 2021: $0Net Assets 2021: $50,8782021Assets 2022: $45,386Liabilities 2022: $0Net Assets 2022: $45,3862022Assets 2023: $46,788Liabilities 2023: $0Net Assets 2023: $46,7882023

Highlighted filing

2016

Assets$4,751
Liabilities$0
Net Assets$4,751
Open 2016 Filing

Operations Trend

Revenue Growth91st percentile

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

$300K$200K$100K$0-$100KRevenue 2014: $112,472Expenses 2014: $109,210Net Income 2014: $3,2622014Revenue 2015: $99,875Expenses 2015: $100,548Net Income 2015: -$6732015Revenue 2016: $180,577Expenses 2016: $178,415Net Income 2016: $2,1622016Revenue 2017: $269,800Expenses 2017: $264,420Net Income 2017: $5,3802017Revenue 2018: $240,690Expenses 2018: $231,200Net Income 2018: $9,4902018Revenue 2019: $281,185Expenses 2019: $258,029Net Income 2019: $23,1562019Revenue 2020: $175,160Expenses 2020: $143,046Net Income 2020: $32,1142020Revenue 2021: $82,903Expenses 2021: $106,916Net Income 2021: -$24,0132021Revenue 2022: $205,478Expenses 2022: $210,970Net Income 2022: -$5,4922022Revenue 2023: $191,476Expenses 2023: $190,074Net Income 2023: $1,4022023

Highlighted filing

2016

Revenue$180,577
Expenses$178,415
Net Income$2,162
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 21, 2017
Return Version
2016v3.0
Gross Receipts
$180,577
Mission and Program Overview

Mission

Relief of the poor or advancement of religion, or both.

Program Services

DescriptionGrantsExpenses
Funds given to 37 Churches in the Holguin Norte District - Cuba-$68,942
26 Water Purification Systems$46,313-
Funds given to the Sancti Spiritus District to develop churches - Cuba-$16,128
Bibles purchased for Hoguin Norted Distrct, Sancti Spiritus District and Guantanamo District$7,701-
Funds Given to Guantanamo District Churches-$6,210
Support for Youth Camp-$2,200
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dan ChristophersonDirectorPT$0--
Pastor Vic WillisDirector-$0--
Janet ChristophersonDirector VP Sec Tre-$0--
Filing and Contact Details

Filer

Filer Name
Southwest District Mission Program Inc
EIN
38-3924452
Phone
9414687209
Address
125 Treviso CT, North Venice, FL 34275

Signing Officer

Name
Dan Christopherson
Title
Director
Signed
2017-02-21
Discuss with paid preparer
Yes

Preparer

Firm
Lichtenstein Briefman Gardner & Thomas PLLC
Address
2501 South Tamiami Trail, Sarasota, FL 34239-4502
Preparer
Kimeth Gardner CPA
Phone
9413663737
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“Class of Activity: Religious | Donee's Name: Holguin Norte District | Relationship of Donee: None | Cash Amount Given: $68942”

Grants and Similar Amounts Paid In Excess of $5,000.2

“Class of Activity: Religious | Donee's Name: Sancti Spiritus District | Relationship of Donee: None | Cash Amount Given: $16128”

Grants and Similar Amounts Paid In Excess of $5,000.3

“Class of Activity: Religious | Donee's Name: Guantanamo Dustrict | Relationship of Donee: None | Cash Amount Given: $6210”

Grants and Similar Amounts Paid In Excess of $5,000.4

“Class of Activity: Religious | Donee's Name: Bibles | Relationship of Donee: None | Description of Property: Bibles | Date of Gift: 20160601 | Book Value: $7701 | Method Used to Determine BV: Cash Purchase | Fair Market Value: $7701 | Method Used to Determine FMV: Cash Purchase”

Grants and Similar Amounts Paid In Excess of $5,000.5

“Class of Activity: Religious | Donee's Name: 26 Water Purification Systems | Donee's Address: 26 Church communities | Relationship of Donee: None | Description of Property: Water Purification System | Date of Gift: 20160601 | Book Value: $46313 | Method Used to Determine BV: Cash Purchase | Fair Market Value: $46313 | Method Used to Determine FMV: Cash Purchase”

Other Expenses.1005

“Travel $23414”

Other Expenses.1

“Web Site/Constant Contact $2683”

Other Expenses.2

“Cell Phone $1804”

Other Expenses.3

“Office Supplies $923”

Other Expenses.4

“FDAC $125”

Other Expenses.5

“FL Fees $115”

Other Expenses.6

“Bank Charges $77”

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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Dan Christipherson
IRS990EZ/BooksInCareOfDetail/PhoneNum09414687209
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0125 Treviso CT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0North Venice
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0342756602
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02589
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04751
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0180577
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02162
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01780
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02589
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04751
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0147494
IRS990EZ/GrossReceiptsAmt0180577
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02589
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04751
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02589
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04751
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Dan Christopherson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Pastor Vic Willis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Janet Christopherson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Dir VP Sec Tre
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt029141
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Relief of the poor or advancement of religion, or both.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Funds given to 37 Churches in the Holguin Norte District - Cuba
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Funds given to the Sancti Spiritus District to develop churches - Cuba
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Funds Given to Guantanamo District Churches
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Bibles purchased for Hoguin Norted Distrct, Sancti Spiritus District and Guantanamo District
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt426 Water Purification Systems
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt5Support for Youth Camp
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt07701
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt146313
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt068942
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt116128
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt26210
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt32200
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0178415
IRS990EZ/TotalProgramServiceExpensesAmt054014
IRS990EZ/TotalRevenueAmt0180577
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0180577
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt099875
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0112472
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0392924
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0392924
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0180577
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt099875
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0112472
IRS990ScheduleA/Total509Grp/TotalAmt0392924
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0180577
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt099875
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0112472
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0392924
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: Religious | Donee's Name: Holguin Norte District | Relationship of Donee: None | Cash Amount Given: $68942
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Class of Activity: Religious | Donee's Name: Sancti Spiritus District | Relationship of Donee: None | Cash Amount Given: $16128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Class of Activity: Religious | Donee's Name: Guantanamo Dustrict | Relationship of Donee: None | Cash Amount Given: $6210
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Class of Activity: Religious | Donee's Name: Bibles | Relationship of Donee: None | Description of Property: Bibles | Date of Gift: 20160601 | Book Value: $7701 | Method Used to Determine BV: Cash Purchase | Fair Market Value: $7701 | Method Used to Determine FMV: Cash Purchase
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Class of Activity: Religious | Donee's Name: 26 Water Purification Systems | Donee's Address: 26 Church communities | Relationship of Donee: None | Description of Property: Water Purification System | Date of Gift: 20160601 | Book Value: $46313 | Method Used to Determine BV: Cash Purchase | Fair Market Value: $46313 | Method Used to Determine FMV: Cash Purchase
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Travel $23414
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Web Site/Constant Contact $2683
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Cell Phone $1804
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Office Supplies $923
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9FDAC $125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10FL Fees $115
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Bank Charges $77
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Grants and Similar Amounts Paid In Excess of $5,000.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Grants and Similar Amounts Paid In Excess of $5,000.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Grants and Similar Amounts Paid In Excess of $5,000.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.6
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dan Christopherson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Southwest District Mission Program Inc
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0383924452
ReturnHeader/Filer/PhoneNum09414687209
ReturnHeader/Filer/USAddress/AddressLine1Txt0125 Treviso CT
ReturnHeader/Filer/USAddress/CityNm0North Venice
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034275
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Lichtenstein Briefman Gardner & Thomas PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02501 South Tamiami Trail
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Sarasota
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0342394502
ReturnHeader/PreparerPersonGrp/PhoneNum09413663737
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kimeth Gardner CPA
ReturnHeader/ReturnTs02017-02-21T09:12:24-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,751
Liabilities
$0
Net assets
$4,751
Revenue
$180,577
Expenses
$178,415
Net income
$2,162
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.00$0.47$1.91$1.90$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.00$0.45$2.05$2.11$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.00$0.51$0.83$1.07$0.24
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.00$0.75$1.75$1.43$0.32
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.00$0.43$2.81$2.58$0.23
2018Summary only. Only limited summary data is available for this year.$0.20$0.00$0.20$2.41$2.31$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.00$0.10$2.70$2.64$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$1.81$1.78$0.02
2015Summary only. Only limited summary data is available for this year.$0.03$0.00$1.00$1.01$0.01
2014Summary only. Only limited summary data is available for this year.$0.03$0.00$1.12$1.09$0.03