Civic Intelligence

Adaptive Spirit

990 • Fiscal year 2024 • EIN 45-2843918

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 04, 2024

4600 South Ulster Street Suite 270Denver, CO 80237

(303) 225-9732

Siviq Scores

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

Liabilities / Assets

31st percentile

0.05x

Higher debt load relative to assets than 31% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

24th percentile

0.02x

Higher debt load relative to revenue than 24% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

86th percentile

21%

Higher net margin than 86% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

29th percentile

$0

Higher top officer pay than 29% of similar nonprofits.

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

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

96th percentile

70%

Faster asset growth than 96% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

36%

Faster revenue growth than 89% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Flat

$1,088,040

Flat from 2024

Net Assets

Flat

$1,037,893

Flat from 2024

Liabilities

Flat

$50,147

Flat from 2024

Revenue

Flat

$2,030,084

Flat from 2024

Expenses

Flat

$1,594,036

Flat from 2024

Net Income

Flat

$436,048

Flat from 2024

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $925,110Liabilities 2012: $842,175Net Assets 2012: $82,9352012Assets 2013: $409,086Liabilities 2013: $242,175Net Assets 2013: $166,9112013Assets 2014: $649,737Liabilities 2014: $2,000Net Assets 2014: $647,7372014Assets 2015: $798,463Liabilities 2015: $0Net Assets 2015: $798,4632015Assets 2016: $809,389Liabilities 2016: $2,000Net Assets 2016: $807,3892016Assets 2017: $800,988Liabilities 2017: $9,645Net Assets 2017: $791,3432017Assets 2018: $800,340Liabilities 2018: $0Net Assets 2018: $800,3402018Assets 2019: $938,186Liabilities 2019: $0Net Assets 2019: $938,1862019Assets 2020: $1,152,573Liabilities 2020: $394,006Net Assets 2020: $758,5672020Assets 2021: $826,680Liabilities 2021: $206,945Net Assets 2021: $619,7352021Assets 2022: $602,915Liabilities 2022: $0Net Assets 2022: $602,9152022Assets 2023: $641,055Liabilities 2023: $78,700Net Assets 2023: $562,3552023Assets 2024: $1,088,040Liabilities 2024: $50,147Net Assets 2024: $1,037,8932024Assets 2024: $1,088,040Liabilities 2024: $50,147Net Assets 2024: $1,037,8932024Assets 2025: $1,034,834Liabilities 2025: $1,735Net Assets 2025: $1,033,0992025

Highlighted filing

2024

Assets$1,088,040
Liabilities$50,147
Net Assets$1,037,893

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $1,436,224Expenses 2012: $1,358,003Net Income 2012: $78,2212012Expenses 2013: $1,050,9422013Revenue 2014: $1,304,430Expenses 2014: $1,081,641Net Income 2014: $222,7892014Revenue 2015: $1,362,441Expenses 2015: $1,214,871Net Income 2015: $147,5702015Revenue 2016: $1,432,852Expenses 2016: $1,424,022Net Income 2016: $8,8302016Revenue 2017: $1,447,663Expenses 2017: $1,471,050Net Income 2017: -$23,3872017Revenue 2018: $1,474,224Expenses 2018: $1,462,308Net Income 2018: $11,9162018Revenue 2019: $1,579,879Expenses 2019: $1,472,796Net Income 2019: $107,0832019Revenue 2020: $820,730Expenses 2020: $977,658Net Income 2020: -$156,9282020Revenue 2021: $768,383Expenses 2021: $890,369Net Income 2021: -$121,9862021Revenue 2022: $1,264,459Expenses 2022: $1,307,171Net Income 2022: -$42,7122022Revenue 2023: $1,492,741Expenses 2023: $1,531,821Net Income 2023: -$39,0802023Revenue 2024: $2,030,084Expenses 2024: $1,594,036Net Income 2024: $436,0482024Revenue 2024: $2,030,084Expenses 2024: $1,594,036Net Income 2024: $436,0482024Revenue 2025: $2,039,788Expenses 2025: $2,086,296Net Income 2025: -$46,5082025

Highlighted filing

2024

Revenue$2,030,084
Expenses$1,594,036
Net Income$436,048
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 4, 2024
Return Version
2023v5.0
Gross Receipts
$2,030,084
Mission and Program Overview

Mission

Adaptive Spirit, an industry trade organization, is focused on building business relationships and networking unique to the telecommunications industry. It holds an annual business-building event for members. The annual event includes networking, education and relationship-building activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$562,355$1,037,893▲ $475,538
Savings and Temporary Cash Investments$235,196$618,332▲ $383,136
Investments in Publicly Traded Securities$308,012$350,237▲ $42,225
Cash and Non-Interest-Bearing Accounts$45,960$69,471▲ $23,511
Prepaid Expenses and Deferred Charges$51,887$50,000▼ $1,887
Accounts Receivable$0--
Other Notes and Loans Receivable, Net$0--
Pledges and Grants Receivable$0--
Receivable From Disqualified Prsn$0--
Receivables From Officers Etc$0--
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0--
Inventories for Sale or Use$0--
Loans From Officers Directors$0--
Total Assets$641,055$1,088,040▲ $446,985
Other Assets Total$0--
Liabilities
Deferred Revenue$78,700$49,200▼ $29,500
Accounts Payable and Accrued Expenses$0$947▲ $947
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$78,700$50,147▼ $28,553
Net Assets / Fund Balance
Total Net Assets Fund Balance$562,355$1,037,893▲ $475,538
Total Liabilities and Net Assets / Fund Balance$641,055$1,088,040▲ $446,985
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve RaymondChairperson
Brad ParobekDirector
Colleen LangnerDirector
Doug MooreDirector
Ewam de FreitasDirector
Nomi BergmanDirector
Pete WisowatyDirector
Rich DiGeronimoDirector
Tim GroppDirector
Tom WlodkowskiDirector
Ken TollLegal Advisor
Deborah FlippoSecretary
Amos SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$48,000
Program Service Revenue
$1,961,216
Investment Income
$20,868
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$436,048
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,083,506
Grants and Similar Amounts Paid$510,530
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$1,068,013
Grants to Domestic Orgs---$510,530
Fees for Services Other---$6,000
Other Expenses---$3,255
Fees for Service Investment Mgmnt Fees---$2,310
Insurance---$1,887
Total Functional Expenses$0$0$0$1,594,036
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
US Olympics and Paralympics CommitteeColorado Springs, CO-Paralympic Support$500,000
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$0
Total Nondeductible Lobbying and Political Cost$0
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0--
Receivables from Officers, Directors, Trustees, and Key Employees$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Any industry member attending the annual conference receives a membership to Adaptive Spirit.

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

Organization's process to review form 990: The organization sends copies to board members. Board members are required to read, submit questions or changes. If no changes are needed, the board members are required to send approval.

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

Each board member is required to read and sign a conflict of interest policy statement. Each voting action completed during board meetings have the conflict of interest raised for board member determination.

Form 990, Part VI, Section C, Line 18

At any time, the public may request copies of Adaptive Spirit's form 990. Documents are supplied via email withing seven working days.

Form 990, Part VI, Section C, Line 19

At any time the public may request copies of governing documents. Documents are supplied via email within seven working days.

Filing and Contact Details

Filer

Filer Name
Adaptive Spirit
EIN
45-2843918
Phone
3032259732
Address
4600 South Ulster Street Suite 270, Denver, CO 80237

Signing Officer

Name
Amos Smith
Title
Treasurer
Phone
3032259732
Signed
2024-11-04

Organization Details

Principal Officer
Amos Smith
Formed
2011
Legal Domicile
Co
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
30
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IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0License & Fees
IRS990/OtherExpensesGrp/Desc1Bank Fees
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/Desc3Office Supplies & Software
IRS990/OtherExpensesGrp/TotalAmt01026
IRS990/OtherExpensesGrp/TotalAmt1170
IRS990/OtherExpensesGrp/TotalAmt2845
IRS990/OtherExpensesGrp/TotalAmt33255
IRS990/OtherRevenueTotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt051887
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt050000
IRS990/PrincipalOfficerNm0Amos Smith
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561920
IRS990/ProgramServiceRevenueGrp/BusinessCd1923110
IRS990/ProgramServiceRevenueGrp/Desc0Annual Conference
IRS990/ProgramServiceRevenueGrp/Desc1Educational Programs
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01941216
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt120000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01941216
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120000
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt048000
IRS990/PYGrantsAndSimilarPaidAmt0500000
IRS990/PYInvestmentIncomeAmt037895
IRS990/PYOtherExpensesAmt01031821
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01406846
IRS990/PYRevenuesLessExpensesAmt0-39080
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01531821
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01492741
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0436048
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01941216
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0562355
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01037893
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0235196
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0618332
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/CarriedOverAmt00
IRS990ScheduleC/DuesAssessmentsAmt048000
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt00
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt00
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt00
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0500000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Paralympic Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0US Olympics and Paralympics Committee
IRS990ScheduleI/RecipientTable/RecipientEIN0131548339
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01 Olympic Plaza
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Colorado Springs
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd080909
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Our organization monitors uses of grants and donations by securing financial and operational reports from each organization. These may include annual reports, operations updates, 990's, web sites and other available information.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Any industry member attending the annual conference receives a membership to Adaptive Spirit.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Organization's process to review form 990: The organization sends copies to board members. Board members are required to read, submit questions or changes. If no changes are needed, the board members are required to send approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each board member is required to read and sign a conflict of interest policy statement. Each voting action completed during board meetings have the conflict of interest raised for board member determination.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3At any time, the public may request copies of Adaptive Spirit's form 990. Documents are supplied via email withing seven working days.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4At any time the public may request copies of governing documents. Documents are supplied via email within seven working days.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0641055
IRS990/TotalAssetsEOYAmt01088040
IRS990/TotalAssetsGrp/BOYAmt0641055
IRS990/TotalAssetsGrp/EOYAmt01088040
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt048000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01594036
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt078700
IRS990/TotalLiabilitiesEOYAmt050147
IRS990/TotalLiabilitiesGrp/BOYAmt078700
IRS990/TotalLiabilitiesGrp/EOYAmt050147
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0562355
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01037893
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt01578543
IRS990/TotalProgramServiceRevenueAmt01961216
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01982084
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02030084
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0641055
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01088040

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.00$1.03$2.04$2.09$0.05
2024Detailed filing. Detailed filing data is available for this year.$1.09$0.05$1.04$2.03$1.59$0.44
2024Summary only. Only limited summary data is available for this year.$1.09$0.05$1.04$2.03$1.59$0.44
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.08$0.56$1.49$1.53$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.00$0.60$1.26$1.31$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.21$0.62$0.77$0.89$0.12
2020Summary only. Only limited summary data is available for this year.$1.15$0.39$0.76$0.82$0.98$0.16
2019Summary only. Only limited summary data is available for this year.$0.94$0.00$0.94$1.58$1.47$0.11
2018Summary only. Only limited summary data is available for this year.$0.80$0.00$0.80$1.47$1.46$0.01
2017Summary only. Only limited summary data is available for this year.$0.80$0.01$0.79$1.45$1.47$0.02
2016Summary only. Only limited summary data is available for this year.$0.81$0.00$0.81$1.43$1.42$0.01
2015Summary only. Only limited summary data is available for this year.$0.80$0.00$0.80$1.36$1.21$0.15
2014Summary only. Only limited summary data is available for this year.$0.65$0.00$0.65$1.30$1.08$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.24$0.17$1.05
2012Summary only. Only limited summary data is available for this year.$0.93$0.84$0.08$1.44$1.36$0.08