Civic Intelligence

Forest City Threshers Association Inc.

990EZ • Fiscal year 2017 • EIN 41-1835332

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 05, 2018

124 E Curran StDarwin, MN 55324

(320) 693-2570

Siviq Scores

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

Liabilities / Assets

77th percentile

0.09x

Higher debt load relative to assets than 77% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

97th percentile

2.20x

Higher debt load relative to revenue than 97% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

70th percentile

15%

Higher net margin than 70% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

62nd percentile

10%

Faster asset growth than 62% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

35th percentile

-8.7%

Faster revenue growth than 35% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$339,995

Up $31,996 (+10%) from 2016

Net Assets

Up

$309,995

Up $1,996 (+0.6%) from 2016

Liabilities

$30,000

No earlier filing loaded for comparison.

Revenue

Down

$13,663

Down $1,310 (-8.7%) from 2016

Expenses

Up

$11,667

Up $548 (+4.9%) from 2016

Net Income

Down

$1,996

Down $1,858 (-48%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $269,381Liabilities 2011: $13,0002011Assets 2012: $273,248Liabilities 2012: $10,000Net Assets 2012: $263,2482012Assets 2013: $290,992Liabilities 2013: $3,000Net Assets 2013: $287,9922013Assets 2014: $293,199Net Assets 2014: $293,1992014Assets 2015: $304,145Net Assets 2015: $304,1452015Assets 2016: $307,999Net Assets 2016: $307,9992016Assets 2017: $339,995Liabilities 2017: $30,000Net Assets 2017: $309,9952017Assets 2018: $346,860Liabilities 2018: $27,6522018Assets 2019: $336,553Liabilities 2019: $18,072Net Assets 2019: $318,4812019Assets 2020: $351,955Liabilities 2020: $17,490Net Assets 2020: $334,4652020Assets 2021: $344,010Liabilities 2021: $13,572Net Assets 2021: $330,4382021Assets 2022: $371,489Liabilities 2022: $25,572Net Assets 2022: $345,9172022Assets 2023: $361,140Liabilities 2023: $63,1312023

Highlighted filing

2017

Assets$339,995
Liabilities$30,000
Net Assets$309,995

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $15,855Expenses 2011: $18,629Net Income 2011: -$2,7742011Revenue 2012: $27,563Expenses 2012: $20,696Net Income 2012: $6,8672012Revenue 2013: $42,269Expenses 2013: $17,525Net Income 2013: $24,7442013Revenue 2014: $22,270Expenses 2014: $17,063Net Income 2014: $5,2072014Revenue 2015: $28,180Expenses 2015: $17,234Net Income 2015: $10,9462015Revenue 2016: $14,973Expenses 2016: $11,119Net Income 2016: $3,8542016Revenue 2017: $13,663Expenses 2017: $11,667Net Income 2017: $1,9962017Revenue 2018: -$2,051Expenses 2018: $11,581Net Income 2018: -$13,6322018Revenue 2019: $34,014Expenses 2019: $11,813Net Income 2019: $22,2012019Revenue 2020: $42,531Expenses 2020: $29,115Net Income 2020: $13,4162020Revenue 2021: $48,206Expenses 2021: $52,233Net Income 2021: -$4,0272021Revenue 2022: $56,899Expenses 2022: $41,420Net Income 2022: $15,4792022Revenue 2023: $44,867Expenses 2023: $92,775Net Income 2023: -$47,9082023

Highlighted filing

2017

Revenue$13,663
Expenses$11,667
Net Income$1,996
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 5, 2018
Return Version
2017v2.2
Gross Receipts
$42,465
Mission and Program Overview

Mission

SEE SCH O

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O-$7,232
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROY LOCHChair-$0--
LARRY ANDERSONCo Chair-$0--
JENNIFER BARKASecretary-$0--
MERLIN CROPPTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraisers$41,381$41,381$28,802$12,579
Total Events$41,381$41,381$28,802$12,579
Filing and Contact Details

Filer

Filer Name
Forest City Threshers Association
EIN
41-1835332
Phone
3206932570
Address
124 E CURRAN ST, DARWIN, MN 55324

Signing Officer

Name
Merlin Cropp
Title
Treasurer
Signed
2018-04-05
Discuss with paid preparer
Yes

Preparer

Firm
Tax Depot
Address
503 E HWY 12 STE 12, LITCHFIELD, MN 55355
Preparer
Jennifer Riebe
Phone
3205932882
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 Other Expenses

Depreciation $2556, insurance $4950, office expenses $342, real estate taxes $3728, rent $91 total- $11667

Form 990-ez, Part II, Line 24 Other Assets

Patronage equity beginning- $1117 patronage equity ending- $1557

Form 990-ez, Part III, Organizations Primary Exempt Purpose

To preserve the history, methods and equipment of the early steam and gas agricultural eta for present and future generations; to plan, promote and implement education

Form 990-ez, Part III, Line 28 Statement of Program Accompli

Organize and plan an annual threshers show with numerous activities such as threshing, corn shredding, antique tractors, parade, tractor pull, saw mill and demonstrations

Raw XML Appendix172 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/PersonNm0MERLIN CROPP
IRS990EZ/BooksInCareOfDetail/PhoneNum03206932570
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0124 E CURRAN ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DARWIN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055324
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt035201
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt036757
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0945
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01996
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0307999
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0339995
IRS990EZ/FundraisingGrossIncomeAmt041381
IRS990EZ/GrossReceiptsAmt042465
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt039
IRS990EZ/LandAndBuildingsGrp/BOYAmt0271681
IRS990EZ/LandAndBuildingsGrp/EOYAmt0301681
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0100
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0307999
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0309995
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0307999
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0309995
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROY LOCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LARRY ANDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JENNIFER BARKA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MERLIN CROPP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01117
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01557
IRS990EZ/OtherExpensesTotalAmt011667
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07232
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt028802
IRS990EZ/SpecialEventsNetIncomeLossAmt012579
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt030000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011667
IRS990EZ/TotalProgramServiceExpensesAmt07232
IRS990EZ/TotalRevenueAmt013663
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherDesc0NON PROFIT
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FORSTCITYTHRESHERS.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0945
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02886
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02480
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0380
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt05110
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt011801
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt078
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0117
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0232
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0296
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0477
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01200
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt041381
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt043646
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt046788
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt045859
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt062376
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0240050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt078
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0117
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0232
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0296
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0477
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01200
IRS990ScheduleA/InvestmentIncomeCYPct00.00470
IRS990ScheduleA/InvestmentIncomePYPct00.00470
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99530
IRS990ScheduleA/PublicSupportPY509Pct00.99530
IRS990ScheduleA/PublicSupportTotal509Amt0251851
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt042326
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt046532
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt049268
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt046239
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt067486
IRS990ScheduleA/Total509Grp/TotalAmt0251851
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt042404
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt046649
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt049500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt046535
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt067963
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0253051
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt028802
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISERS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt041381
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt041381
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt041381
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt041381
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012579
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt028802
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt028802
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DEPRECIATION $2556, INSURANCE $4950, OFFICE EXPENSES $342, REAL ESTATE TAXES $3728, RENT $91 TOTAL- $11667
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PATRONAGE EQUITY BEGINNING- $1117 PATRONAGE EQUITY ENDING- $1557
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PRESERVE THE HISTORY, METHODS AND EQUIPMENT OF THE EARLY STEAM AND GAS AGRICULTURAL ETA FOR PRESENT AND FUTURE GENERATIONS; TO PLAN, PROMOTE AND IMPLEMENT EDUCATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZE AND PLAN AN ANNUAL THRESHERS SHOW WITH NUMEROUS ACTIVITIES SUCH AS THRESHING, CORN SHREDDING, ANTIQUE TRACTORS, PARADE, TRACTOR PULL, SAW MILL AND DEMONSTRATIONS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, ORGANIZATIONS PRIMARY EXEMPT PURPOSE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28 STATEMENT OF PROGRAM ACCOMPLI
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MERLIN CROPP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOREST CITY THRESHERS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0FORE
ReturnHeader/Filer/EIN0411835332
ReturnHeader/Filer/PhoneNum03206932570
ReturnHeader/Filer/USAddress/AddressLine1Txt0124 E CURRAN ST
ReturnHeader/Filer/USAddress/CityNm0DARWIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055324
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E8AE17AA04EC529160F5D14120A569E9E222D130
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00DA6BD1E07B860CB63FC6DC90B989F4F676A41AE
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId04177222018099h002210
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.71.35.164
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471359209
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAX DEPOT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0503 E HWY 12 STE 12
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LITCHFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055355
ReturnHeader/PreparerPersonGrp/PhoneNum03205932882
ReturnHeader/PreparerPersonGrp/PreparationDt02018-04-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JENNIFER RIEBE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-04-11T22:02:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$3.61$0.63$0.45$0.93$0.48
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.71$0.26$3.46$0.57$0.41$0.15
2021Detailed filing. Detailed filing data is available for this year.$3.44$0.14$3.30$0.48$0.52$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.52$0.17$3.34$0.43$0.29$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.37$0.18$3.18$0.34$0.12$0.22
2018Summary only. Only limited summary data is available for this year.$3.47$0.28$0.02$0.12$0.14
2017Detailed filing. Detailed filing data is available for this year.$3.40$0.30$3.10$0.14$0.12$0.02
2016Detailed filing. Detailed filing data is available for this year.$3.08$3.08$0.15$0.11$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.04$3.04$0.28$0.17$0.11
2014Detailed filing. Detailed filing data is available for this year.$2.93$2.93$0.22$0.17$0.05
2013Detailed filing. Detailed filing data is available for this year.$2.91$0.03$2.88$0.42$0.18$0.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.73$0.10$2.63$0.28$0.21$0.07
2011Summary only. Only limited summary data is available for this year.$2.69$0.13$0.16$0.19$0.03