Civic Intelligence

Freeway Homes Inc

990 • Fiscal year 2023 • EIN 43-1112009

May 01, 2022 to Apr 30, 2023 • Filed on Mar 13, 2024

Organization ProfileN/A
7920 Ward ParkwayKansas City, MO 64114

(816) 561-4240

Siviq Scores

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

Liabilities / Assets

96th percentile

1.01x

Higher debt load relative to assets than 96% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

1.84x

Higher debt load relative to revenue than 91% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Net Margin

47th percentile

6.9%

Higher net margin than 47% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

61st percentile

$0

Higher top officer pay than 61% of similar nonprofits.

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

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Asset Growth

50th percentile

3.8%

Faster asset growth than 50% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

44th percentile

4.0%

Faster revenue growth than 44% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$1,135,048

Up $41,740 (+3.8%) from 2022

Net Assets

Up

-$13,560

Up $43,430 (+76%) from 2022

Liabilities

Down

$1,148,608

Down $1,690 (-0.1%) from 2022

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin47th percentile

Revenue

Up

$625,545

Up $24,128 (+4.0%) from 2022

Expenses

Up

$582,115

Up $59,119 (+11%) from 2022

Net Income

Down

$43,430

Down $34,991 (-45%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$2.0M$1.0M$0-$1.0MAssets 2012: $971,358Liabilities 2012: $1,552,422Net Assets 2012: -$581,0642012Assets 2013: $884,045Liabilities 2013: $1,462,620Net Assets 2013: -$578,5752013Assets 2014: $858,614Liabilities 2014: $1,395,758Net Assets 2014: -$537,1442014Assets 2015: $863,721Liabilities 2015: $1,313,585Net Assets 2015: -$449,8642015Assets 2016: $869,534Liabilities 2016: $1,232,953Net Assets 2016: -$363,4192016Assets 2017: $895,721Liabilities 2017: $1,155,663Net Assets 2017: -$259,9422017Assets 2018: $926,964Liabilities 2018: $1,181,875Net Assets 2018: -$254,9112018Assets 2019: $939,961Liabilities 2019: $1,149,830Net Assets 2019: -$209,8692019Assets 2020: $997,314Liabilities 2020: $1,149,638Net Assets 2020: -$152,3242020Assets 2021: $1,012,939Liabilities 2021: $1,148,350Net Assets 2021: -$135,4112021Assets 2022: $1,093,308Liabilities 2022: $1,150,298Net Assets 2022: -$56,9902022Assets 2023: $1,135,048Liabilities 2023: $1,148,608Net Assets 2023: -$13,5602023Assets 2024: $1,208,045Liabilities 2024: $1,146,062Net Assets 2024: $61,9832024Assets 2025: $1,321,280Liabilities 2025: $1,142,334Net Assets 2025: $178,9462025

Highlighted filing

2023

Assets$1,135,048
Liabilities$1,148,608
Net Assets-$13,560
Open 2023 Filing

Operations Trend

Revenue Growth44th percentile

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

$1.0M$500K$0-$500KRevenue 2012: $414,095Expenses 2012: $440,758Net Income 2012: -$26,6632012Revenue 2013: $427,947Expenses 2013: $425,458Net Income 2013: $2,4892013Revenue 2014: $487,161Expenses 2014: $445,730Net Income 2014: $41,4312014Revenue 2015: $522,892Expenses 2015: $435,612Net Income 2015: $87,2802015Revenue 2016: $566,393Expenses 2016: $479,948Net Income 2016: $86,4452016Revenue 2017: $543,885Expenses 2017: $440,408Net Income 2017: $103,4772017Revenue 2018: $514,886Expenses 2018: $509,855Net Income 2018: $5,0312018Revenue 2019: $536,100Expenses 2019: $491,057Net Income 2019: $45,0432019Revenue 2020: $548,959Expenses 2020: $491,414Net Income 2020: $57,5452020Revenue 2021: $578,350Expenses 2021: $561,437Net Income 2021: $16,9132021Revenue 2022: $601,417Expenses 2022: $522,996Net Income 2022: $78,4212022Revenue 2023: $625,545Expenses 2023: $582,115Net Income 2023: $43,4302023Revenue 2024: $655,942Expenses 2024: $580,399Net Income 2024: $75,5432024Revenue 2025: $859,145Expenses 2025: $742,182Net Income 2025: $116,9632025

Highlighted filing

2023

Revenue$625,545
Expenses$582,115
Net Income$43,430
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2022 to Apr 30, 2023
Signed
Mar 13, 2024
Return Version
2022v5.0
Gross Receipts
$625,545
Mission and Program Overview

Mission

Provide coop housing for low income people

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$394,692$388,586▼ $6,106
Cash and Non-Interest-Bearing Accounts$75,423$80,842▲ $5,419
Prepaid Expenses and Deferred Charges$16,775$10,849▼ $5,926
Accounts Receivable$4,019$9,642▲ $5,623
Total Assets$1,093,308$1,135,048▲ $41,740
Other Assets Total$602,399$645,129▲ $42,730
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,097,228$1,094,102▼ $3,126
Accounts Payable and Accrued Expenses$25,624$28,871▲ $3,247
Other Liabilities$21,784$22,109▲ $325
Deferred Revenue$5,662$3,526▼ $2,136
Total Liabilities$1,150,298$1,148,608▼ $1,690
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-56,990$-13,560▲ $43,430
Total Net Assets Fund Balance$-56,990$-13,560▲ $43,430
Total Liabilities and Net Assets / Fund Balance$1,093,308$1,135,048▲ $41,740

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$227,484$2,378,856$2,606,340
Land$159,694-$159,694
Equipment$1,408$100,384$101,792
Other Assets Org$441,927--
Compensation and Service Providers
Top Officer Pay61st percentile

Board Members and Trustees

NameTitle
Faye Etta ParksPresident
Brenda TaylorBoard Member
Karen ChisholmBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$623,063
Investment Income
$2,482
Other Revenue
$0
Change in Net Assets
$43,430

Audited Revenue Reconciliation

Revenue per Audited Statements
$625,545
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$625,545
Total Revenue per Form 990
$625,545
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$453,023
Salaries, Compensation, and Employee Benefits$129,092
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$110,575--$110,575
Occupancy$96,197--$96,197
Insurance$70,599--$70,599
Fees for Services Other-$47,389-$47,389
Depreciation Depletion$42,057--$42,057
Interest$39,407--$39,407
Office Expenses-$22,443-$22,443
Fees for Services Accounting-$17,054-$17,054
Other Employee Benefits$11,124--$11,124
Payroll Taxes$7,393--$7,393
Other Expenses$2,487$14,649-$2,487
Advertising-$1,545-$1,545
Conferences and Meetings$620--$620
Fees for Services Legal-$13-$13
Total Functional Expenses$479,022$103,093$0$582,115

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$582,115
Total Expenses per Audited Statements$582,115
Total Expenses per Form 990$582,115
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$22,109
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Freeway homes, inc. Is in agreement with yarco company, inc., who provides management services for the organization.”

Form 990, Part VI, Section A, Line 7B

“The organization operates a housing development under section 202 of the national housing act. Items such as rent charges, major additions and renovations and cash distributions to officers and directors are subject to prior approval by the u.s. Department of housing and urban development.”

Form 990, Part VI, Section B, Line 11B

“The board member or members assigned to review the tax return, review the return and send it back to the management agent.”

Form 990, Part VI, Section B, Line 12C

“Yarco co monitors policies on behalf of freeway homes, inc.”

Form 990, Part VI, Section C, Line 19

“Documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Freeway Homes Inc
EIN
43-1112009
Phone
8165614240
Address
7920 WARD PARKWAY, KANSAS CITY, MO 64114

Signing Officer

Name
Faye Etta Parks
Title
President
Phone
8165614240
Signed
2024-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Faye Etta Parks
Formed
1975
Legal Domicile
Mo
Voting Board Members
3
Independent Board Members
3
Employees
2
Volunteers
0

Preparer

Firm
Cbiz Mhm LLC
Address
700 WEST 47TH STREET SUITE 1100, KANSAS CITY, MO 64112
Preparer
Lisa Burke
Phone
8169455500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization qualifies as a tax exempt organization under section 501(c)(3) of the internal revenue code. Therefore, no provision is made for income taxes in these statements. In addition, the organization is exempt from real estate taxes. The organization has adopted the standards requiring disclosure of uncertain tax positions under the fasb asc topic "income taxes." there has been no interest or penalties recognized in the statement of activities or in the statement of financial position related to uncertain tax positions. In addition, no material tax positions exist for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease within the next 12 months. The organization files tax returns in the u.s. Federal jurisdiction and the missouri state jurisdiction. The organization is no longer subject to u.s. Federal, state and local, or non-u.s. Income tax examinations by tax authorities for years prior to 2019.”

Raw XML Appendix350 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.

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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0625545
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION IS MADE FOR INCOME TAXES IN THESE STATEMENTS. IN ADDITION, THE ORGANIZATION IS EXEMPT FROM REAL ESTATE TAXES. THE ORGANIZATION HAS ADOPTED THE STANDARDS REQUIRING DISCLOSURE OF UNCERTAIN TAX POSITIONS UNDER THE FASB ASC TOPIC "INCOME TAXES." THERE HAS BEEN NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENT OF ACTIVITIES OR IN THE STATEMENT OF FINANCIAL POSITION RELATED TO UNCERTAIN TAX POSITIONS. IN ADDITION, NO MATERIAL TAX POSITIONS EXIST FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN THE NEXT 12 MONTHS. THE ORGANIZATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE MISSOURI STATE JURISDICTION. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0388586
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0645129
IRS990ScheduleD/TotalExpensesPerForm990Amt0582115
IRS990ScheduleD/TotalLiabilityAmt022109
IRS990ScheduleD/TotalRevenuePerForm990Amt0625545
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0625545
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0582115
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FREEWAY HOMES, INC. IS IN AGREEMENT WITH YARCO COMPANY, INC., WHO PROVIDES MANAGEMENT SERVICES FOR THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION OPERATES A HOUSING DEVELOPMENT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. ITEMS SUCH AS RENT CHARGES, MAJOR ADDITIONS AND RENOVATIONS AND CASH DISTRIBUTIONS TO OFFICERS AND DIRECTORS ARE SUBJECT TO PRIOR APPROVAL BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBER OR MEMBERS ASSIGNED TO REVIEW THE TAX RETURN, REVIEW THE RETURN AND SEND IT BACK TO THE MANAGEMENT AGENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3YARCO CO MONITORS POLICIES ON BEHALF OF FREEWAY HOMES, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01093308
IRS990/TotalAssetsEOYAmt01135048
IRS990/TotalAssetsGrp/BOYAmt01093308
IRS990/TotalAssetsGrp/EOYAmt01135048
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0103093
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0479022
IRS990/TotalFunctionalExpensesGrp/TotalAmt0582115
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01150298
IRS990/TotalLiabilitiesEOYAmt01148608
IRS990/TotalLiabilitiesGrp/BOYAmt01150298
IRS990/TotalLiabilitiesGrp/EOYAmt01148608
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-56990
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-13560
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0479022
IRS990/TotalProgramServiceRevenueAmt0623063
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02482
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0623063
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0625545
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01093308
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01135048
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01323 PARK AVE
IRS990/USAddress/CityNm0KANSAS CITY
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd064127
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0FAYE ETTA PARKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08165614240
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FREEWAY HOMES INC
ReturnHeader/Filer/BusinessNameControlTxt0FREE
ReturnHeader/Filer/EIN0431112009
ReturnHeader/Filer/PhoneNum08165614240
ReturnHeader/Filer/USAddress/AddressLine1Txt07920 WARD PARKWAY
ReturnHeader/Filer/USAddress/CityNm0KANSAS CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd064114
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341874260
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CBIZ MHM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0700 WEST 47TH STREET SUITE 1100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064112
ReturnHeader/PreparerPersonGrp/PhoneNum08169455500
ReturnHeader/PreparerPersonGrp/PreparationDt02024-02-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA BURKE
ReturnHeader/ReturnTs02024-03-13T10:38:08-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FAYE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ETTA PARKS
ReturnHeader/TaxPeriodBeginDt02022-05-01
ReturnHeader/TaxPeriodEndDt02023-04-30
ReturnHeader/TaxYr02022

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,135,048
Liabilities
$1,148,608
Net assets
-$13,560
Revenue
$625,545
Expenses
$582,115
Net income
$43,430
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.32$1.14$0.18$0.86$0.74$0.12
2024Detailed filing. Detailed filing data is available for this year.$1.21$1.15$0.06$0.66$0.58$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.14$1.15$0.01$0.63$0.58$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.09$1.15$0.06$0.60$0.52$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.01$1.15$0.14$0.58$0.56$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.00$1.15$0.15$0.55$0.49$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.94$1.15$0.21$0.54$0.49$0.05
2018Summary only. Only limited summary data is available for this year.$0.93$1.18$0.25$0.51$0.51$0.01
2017Summary only. Only limited summary data is available for this year.$0.90$1.16$0.26$0.54$0.44$0.10
2016Summary only. Only limited summary data is available for this year.$0.87$1.23$0.36$0.57$0.48$0.09
2015Summary only. Only limited summary data is available for this year.$0.86$1.31$0.45$0.52$0.44$0.09
2014Summary only. Only limited summary data is available for this year.$0.86$1.40$0.54$0.49$0.45$0.04
2013Summary only. Only limited summary data is available for this year.$0.88$1.46$0.58$0.43$0.43$0.00
2012Summary only. Only limited summary data is available for this year.$0.97$1.55$0.58$0.41$0.44$0.03