Civic Intelligence

Valley Prosperity Partnership

990EZ • Fiscal year 2024 • EIN 46-1988505

Jan 01, 2024 to Dec 31, 2024 • Filed on Oct 31, 2025

Organization ProfileWWW.VALLEYPROSPERITYPARTNERSHIP.COM
120 N 4th StGrand Forks, ND 58203

(701) 364-1909

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

2024 filings • NTEE S20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

2024 filings • NTEE S20 • <$500k nonprofits • Source year 2024

Net Margin

4th percentile

-212%

Higher net margin than 4% of similar nonprofits.

2024 filings • NTEE S20 • <$500k nonprofits • Source year 2024

Top Officer Pay

87th percentile

$10,500

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 100.0% of source-year revenue.

2024 filings • NTEE S20 • <$500k nonprofits • Source year 2024

Asset Growth

6th percentile

-90%

Faster asset growth than 6% of similar nonprofits.

2024 filings • NTEE S20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-82%

Faster revenue growth than 10% of similar nonprofits.

2024 filings • NTEE S20 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$2,402

Down $22,256 (-90%) from 2023

Net Assets

$2,402

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin4th percentile

Revenue

Down

$10,500

Down $47,500 (-82%) from 2023

Expenses

Down

$32,756

Down $36,606 (-53%) from 2023

Net Income

Down

-$22,256

Down $10,894 (-96%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$300K$200K$100K$0Assets 2014: $241,506Liabilities 2014: $0Net Assets 2014: $241,5062014Assets 2015: $155,732Liabilities 2015: $0Net Assets 2015: $155,7322015Assets 2016: $84,384Liabilities 2016: $0Net Assets 2016: $84,3842016Assets 2017: $167,605Liabilities 2017: $0Net Assets 2017: $167,6052017Assets 2018: $232,510Liabilities 2018: $0Net Assets 2018: $232,5102018Assets 2019: $173,112Liabilities 2019: $0Net Assets 2019: $173,1122019Assets 2020: $155,144Liabilities 2020: $0Net Assets 2020: $155,1442020Assets 2021: $111,380Liabilities 2021: $0Net Assets 2021: $111,3802021Assets 2022: $36,020Liabilities 2022: $0Net Assets 2022: $36,0202022Assets 2023: $24,658Liabilities 2023: $02023Assets 2024: $2,402Liabilities 2024: $0Net Assets 2024: $2,4022024

Highlighted filing

2024

Assets$2,402
Liabilities$0
Net Assets$2,402
Open 2024 Filing

Operations Trend

Revenue Growth10th percentile

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

$300K$200K$100K$0-$100K-$200KRevenue 2014: $30,000Expenses 2014: $142,414Net Income 2014: -$112,4142014Revenue 2015: $0Expenses 2015: $85,774Net Income 2015: -$85,7742015Revenue 2016: $0Expenses 2016: $71,348Net Income 2016: -$71,3482016Revenue 2017: $120,000Expenses 2017: $36,779Net Income 2017: $83,2212017Revenue 2018: $220,000Expenses 2018: $155,095Net Income 2018: $64,9052018Revenue 2019: $100,000Expenses 2019: $159,398Net Income 2019: -$59,3982019Revenue 2020: $90,000Expenses 2020: $107,968Net Income 2020: -$17,9682020Revenue 2021: $80,000Expenses 2021: $123,764Net Income 2021: -$43,7642021Revenue 2022: $70,000Expenses 2022: $145,360Net Income 2022: -$75,3602022Revenue 2023: $58,000Expenses 2023: $69,362Net Income 2023: -$11,3622023Revenue 2024: $10,500Expenses 2024: $32,756Net Income 2024: -$22,2562024

Highlighted filing

2024

Revenue$10,500
Expenses$32,756
Net Income-$22,256
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 31, 2025
Return Version
2024v5.2
Gross Receipts
$10,500
Mission and Program Overview

Mission

To identify and promote the strategic economic opportunities of the red river valley region in both nd and mn and to strengthen the economic outlook of the region.

Program Services

DescriptionGrantsExpenses
THE RED RIVER WATER SUPPLY PROJECT WILL PROVIDE A SUPPLEMENTAL WATER OPTION TO CENTRAL NORTH DAKOTA AND THE RED RIVER VALLEY TO MITIGATE AGAINST DROUGHT CONDITIONS THAT WOULD CAUSE COSTLY WATER SHORTAGES. THE VPP CONTINUES TO ADVOCATE FOR ACCELERATION OF THE PROJECT TO REDUCE COSTS AND PUT THE PROJECT INTO OPERATION AS SOON AS POSSIBLE. THE PROJECT IS SLATED FOR COMPLETION IN 2031 AT A COST OF $1.2 BILLION OF WHICH $953 MILLION IS STATE FUNDING AND THE REMAINDER IS COMMITTED BY LOCALITIES. THE EASTERN NORTH DAKOTA ALTERNATE WATER SUPPLY, WHICH MAKES USE OF THE MCCLUSKY CANAL AS AN ALTERNATE WATER SOURCE WILL SAVE MILLIONS OF DOLLARS IN CONSTRUCTION COSTS, AS WELL AS OPERATIONS AND MAINTENANCE COSTS.THE VPP ADVOCATED FOR THE BAKKEN EAST PIPELINE PROJECT PROPOSED BY WBI ENERGY. THIS PIPELINE, A PRIORITY FOR THE VPP, IS A FORWARD-LOOKING INFRASTRUCTURE INVESTMENT THAT WILL NOT ONLY ENHANCE ENERGY RELIABILITY ACROSS NORTH DAKOTA BUT ALSO POSITION OUR STATE AS A COMPETITIVE DESTINATION FOR FUTURE OPPORTUNITIES IN MANUFACTURING, AG PROCESSING, AND HIGH-TECH INDUSTRIES SUCH AS DATA CENTERS. BY ENSURING A STABLE SUPPLY OF NATURAL GAS, THIS PROJECT WILL: -ENABLE THE DEVELOPMENT OF ENERGY-INTENSIVE INDUSTRIES. -SUPPORT SUSTAINABILITY GOALS THROUGH CLEANER-BURNING FUEL AND LOWER EMISSIONS. -ATTRACT LONG-TERM INVESTMENT AND HIGH-PAYING JOBS TO OUR COMMUNITIES. -DIVERSIFY OUR STATE'S ECONOMY BEYOND TRADITIONAL ENERGY SECTORS.IN ADDITION TO ITS ECONOMIC BENEFITS, THE PIPELINE WILL HELP REDUCE FLARING IN THE BAKKEN, IMPROVING ENVIRONMENTAL OUTCOMES AND PRESERVING VALUABLE RESOURCES THAT WOULD OTHERWISE BE WASTED.THE AVAILABILITY, AFFORDABILITY, AND QUALITY OF CHILDCARE SERVICES IS A FORMIDABLE BARRIER TO WORKFORCE PARTICIPATION IN ALL SECTORS OF THE ECONOMY. THE VPP SUPPORTED FUNDING TO INCREASE ELIGIBILITY FOR CHILDCARE ASSISTANCE PAYMENTS (CCAP), FOR ENHANCED ASSISTANCE FOR INFANT AND TODDLERS, FOR AN EMPLOYER-LED COST-SHARE PROGRAM, FOR A NON-TRADITIONAL HOURS-OF-CARE PILOT PROGRAM, AND GRANTS FOR PROVIDER SHARED SERVICES AND START-UPS, AND FOR STREAMLINING BACKGROUND CHECKS.THE RED RIVER VALLEY CONTINUES TO FACE CRITICAL WORKFORCE CHALLENGES. THE VPP'S FOCUS IN 2024 WAS TO ADVOCATE FOR AN INCREASE OF FUNDING FOR OPERATION INTERN AND THE REGIONAL WORKFORCE IMPACT PROGRAM TO EMPOWER LOCALLY LED SOLUTIONS TO ONE OF THE STATE'S GREATEST CHALLENGES. WORKFORCE NEEDS VARY BY REGION THROUGHOUT NORTH DAKOTA, SO A ONE SIZE FITS ALL APPROACH IS UNREALISTIC AND WOULD NOT ADEQUATELY ADDRESS CHALLENGES IN ALL PARTS OF THE STATE. BY CREATING A REGIONAL FUNDING MECHANISM TO SUPPORT WORKFORCE INITIATIVES, LOCAL AND REGIONAL PARTNERS CAN ARTICULATE THEIR NEEDS AND THE ABILITY TO ACCESS FUNDING TO ADDRESS THEM. INTERNSHIPS ARE A PROVEN WAY TO CONNECT COMPANIES WITH YOUNG PEOPLE WHOSE INTERESTS AND CAPABILITIES MATCH, THEREBY FILLING JOBS IN THE STATE.THE VPP HAS ADVOCATED FOR LONG TERM, PREDICTABLE FUNDING FOR UNIVERSITY RESEARCH AND DEVELOPMENT TO ENGAGE IN INDUSTRY DRIVEN RESEARCH TO ATTRACT RESEARCH TALENT AND FUNDING FOR INDUSTRY SECTORS THAT ARE KEY TO STRENGTHENING AND DIVERSIFYING NORTH DAKOTA'S ECONOMY. THE ECONOMIC RESEARCH DIVERSIFICATION FUND WAS FUNDED AT $5.5 MILLION IN THE 2022-2023 SESSION, WITH $2.5 MILLION ALLOCATED EACH FOR NDSU AND UND, THE REMAINING TO BE SPLIT AMONG THE OTHER 9 NORTH DAKOTA UNIVERSITY SYSTEM INSTITUTIONS. IN 2024 THE VPP ADVOCATED FOR AN INCREASE OF FUNDING FOR THE ERDF TO AT LEAST $9 MILLION. THIS PROPOSED INCREASE WAS WARRANTED BY THE PROGRAM'S SUCCESS IN THE FIRST YEAR OF OPERATION.THE VPP SUPPORTED EFFORTS TO PROVIDE FUNDING FOR THE GRAND FORKS CHILDREN'S MUSEUM AND THE FARGO-MOORHEAD SCIENCE MUSEUM. THE GRAND FORKS MUSEUM IS INTENDED AS A HANDS-ON SCIENCE CENTER THAT WILL FEATURE INTERACTIVE EXHIBITS AND PROGRAMS FOCUSED ON STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATHEMATICS), HIGHLIGHTING REGIONAL INDUSTRIES AND RESOURCES. IN FARGO, THE FARGO-MOORHEAD SCIENCE MUSEUM IS INTENDED TO BE A REGIONAL DESTINATION FOR STEM LEARNING WITH INTERACTIVE EXHIBITS.$0$0
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DELORE ZIMMERMANExecutive Director-$10,500-$10,500
CHRIS WOLFPresident-$0--
KEITH LUNDSecretary/Treasurer-$0--
MIKE MCLEANDirector-$0--
SHANNON ROERS JONESDirector-$0--
JOSEPH RASODirector-$0--
BARRY WILFAHRTDirector-$0--
SHANNON FULLDirector-$0--
Filing and Contact Details

Filer

Filer Name
Valley Prosperity Partnership
EIN
46-1988505
Phone
7013641909
Address
120 N 4TH ST, GRAND FORKS, ND 58203

Signing Officer

Name
Chris Wolf
Title
President
Phone
7013641909
Signed
2025-10-31
Discuss with paid preparer
Yes

Preparer

Firm
Brady Martz & Associates Pc
Address
2537 S UNIVERSITY DRIVE, FARGO, ND 58103
Preparer
Jeremy Ulmer CPA
Phone
7012802100
Supplemental Narrative

Additional Explanations

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

“Description: board & committee meetings. Amount: 1,284. Description: marketing. Amount: 211. Description: travel. Amount: 331. Total to form 990-ez, line 16: 1,826.”

Raw XML Appendix173 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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IRS990EZ/PrimaryExemptPurposeTxt0TO IDENTIFY AND PROMOTE THE STRATEGIC ECONOMIC OPPORTUNITIES OF THE RED RIVER VALLEY REGION IN BOTH ND AND MN AND TO STRENGTHEN THE ECONOMIC OUTLOOK OF THE REGION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE RED RIVER WATER SUPPLY PROJECT WILL PROVIDE A SUPPLEMENTAL WATER OPTION TO CENTRAL NORTH DAKOTA AND THE RED RIVER VALLEY TO MITIGATE AGAINST DROUGHT CONDITIONS THAT WOULD CAUSE COSTLY WATER SHORTAGES. THE VPP CONTINUES TO ADVOCATE FOR ACCELERATION OF THE PROJECT TO REDUCE COSTS AND PUT THE PROJECT INTO OPERATION AS SOON AS POSSIBLE. THE PROJECT IS SLATED FOR COMPLETION IN 2031 AT A COST OF $1.2 BILLION OF WHICH $953 MILLION IS STATE FUNDING AND THE REMAINDER IS COMMITTED BY LOCALITIES. THE EASTERN NORTH DAKOTA ALTERNATE WATER SUPPLY, WHICH MAKES USE OF THE MCCLUSKY CANAL AS AN ALTERNATE WATER SOURCE WILL SAVE MILLIONS OF DOLLARS IN CONSTRUCTION COSTS, AS WELL AS OPERATIONS AND MAINTENANCE COSTS.THE VPP ADVOCATED FOR THE BAKKEN EAST PIPELINE PROJECT PROPOSED BY WBI ENERGY. THIS PIPELINE, A PRIORITY FOR THE VPP, IS A FORWARD-LOOKING INFRASTRUCTURE INVESTMENT THAT WILL NOT ONLY ENHANCE ENERGY RELIABILITY ACROSS NORTH DAKOTA BUT ALSO POSITION OUR STATE AS A COMPETITIVE DESTINATION FOR FUTURE OPPORTUNITIES IN MANUFACTURING, AG PROCESSING, AND HIGH-TECH INDUSTRIES SUCH AS DATA CENTERS. BY ENSURING A STABLE SUPPLY OF NATURAL GAS, THIS PROJECT WILL: -ENABLE THE DEVELOPMENT OF ENERGY-INTENSIVE INDUSTRIES. -SUPPORT SUSTAINABILITY GOALS THROUGH CLEANER-BURNING FUEL AND LOWER EMISSIONS. -ATTRACT LONG-TERM INVESTMENT AND HIGH-PAYING JOBS TO OUR COMMUNITIES. -DIVERSIFY OUR STATE'S ECONOMY BEYOND TRADITIONAL ENERGY SECTORS.IN ADDITION TO ITS ECONOMIC BENEFITS, THE PIPELINE WILL HELP REDUCE FLARING IN THE BAKKEN, IMPROVING ENVIRONMENTAL OUTCOMES AND PRESERVING VALUABLE RESOURCES THAT WOULD OTHERWISE BE WASTED.THE AVAILABILITY, AFFORDABILITY, AND QUALITY OF CHILDCARE SERVICES IS A FORMIDABLE BARRIER TO WORKFORCE PARTICIPATION IN ALL SECTORS OF THE ECONOMY. THE VPP SUPPORTED FUNDING TO INCREASE ELIGIBILITY FOR CHILDCARE ASSISTANCE PAYMENTS (CCAP), FOR ENHANCED ASSISTANCE FOR INFANT AND TODDLERS, FOR AN EMPLOYER-LED COST-SHARE PROGRAM, FOR A NON-TRADITIONAL HOURS-OF-CARE PILOT PROGRAM, AND GRANTS FOR PROVIDER SHARED SERVICES AND START-UPS, AND FOR STREAMLINING BACKGROUND CHECKS.THE RED RIVER VALLEY CONTINUES TO FACE CRITICAL WORKFORCE CHALLENGES. THE VPP'S FOCUS IN 2024 WAS TO ADVOCATE FOR AN INCREASE OF FUNDING FOR OPERATION INTERN AND THE REGIONAL WORKFORCE IMPACT PROGRAM TO EMPOWER LOCALLY LED SOLUTIONS TO ONE OF THE STATE'S GREATEST CHALLENGES. WORKFORCE NEEDS VARY BY REGION THROUGHOUT NORTH DAKOTA, SO A ONE SIZE FITS ALL APPROACH IS UNREALISTIC AND WOULD NOT ADEQUATELY ADDRESS CHALLENGES IN ALL PARTS OF THE STATE. BY CREATING A REGIONAL FUNDING MECHANISM TO SUPPORT WORKFORCE INITIATIVES, LOCAL AND REGIONAL PARTNERS CAN ARTICULATE THEIR NEEDS AND THE ABILITY TO ACCESS FUNDING TO ADDRESS THEM. INTERNSHIPS ARE A PROVEN WAY TO CONNECT COMPANIES WITH YOUNG PEOPLE WHOSE INTERESTS AND CAPABILITIES MATCH, THEREBY FILLING JOBS IN THE STATE.THE VPP HAS ADVOCATED FOR LONG TERM, PREDICTABLE FUNDING FOR UNIVERSITY RESEARCH AND DEVELOPMENT TO ENGAGE IN INDUSTRY DRIVEN RESEARCH TO ATTRACT RESEARCH TALENT AND FUNDING FOR INDUSTRY SECTORS THAT ARE KEY TO STRENGTHENING AND DIVERSIFYING NORTH DAKOTA'S ECONOMY. THE ECONOMIC RESEARCH DIVERSIFICATION FUND WAS FUNDED AT $5.5 MILLION IN THE 2022-2023 SESSION, WITH $2.5 MILLION ALLOCATED EACH FOR NDSU AND UND, THE REMAINING TO BE SPLIT AMONG THE OTHER 9 NORTH DAKOTA UNIVERSITY SYSTEM INSTITUTIONS. IN 2024 THE VPP ADVOCATED FOR AN INCREASE OF FUNDING FOR THE ERDF TO AT LEAST $9 MILLION. THIS PROPOSED INCREASE WAS WARRANTED BY THE PROGRAM'S SUCCESS IN THE FIRST YEAR OF OPERATION.THE VPP SUPPORTED EFFORTS TO PROVIDE FUNDING FOR THE GRAND FORKS CHILDREN'S MUSEUM AND THE FARGO-MOORHEAD SCIENCE MUSEUM. THE GRAND FORKS MUSEUM IS INTENDED AS A HANDS-ON SCIENCE CENTER THAT WILL FEATURE INTERACTIVE EXHIBITS AND PROGRAMS FOCUSED ON STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATHEMATICS), HIGHLIGHTING REGIONAL INDUSTRIES AND RESOURCES. IN FARGO, THE FARGO-MOORHEAD SCIENCE MUSEUM IS INTENDED TO BE A REGIONAL DESTINA
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS WOLF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07013641909
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VALLEY PROSPERITY PARTNERSHIP
ReturnHeader/Filer/BusinessNameControlTxt0VALL
ReturnHeader/Filer/EIN0461988505
ReturnHeader/Filer/PhoneNum07013641909
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 N 4TH ST
ReturnHeader/Filer/USAddress/CityNm0GRAND FORKS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd058203
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450310328
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRADY MARTZ & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02537 S UNIVERSITY DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FARGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd058103
ReturnHeader/PreparerPersonGrp/PhoneNum07012802100
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEREMY ULMER CPA
ReturnHeader/ReturnTs02025-11-03T15:05:11-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

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Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,402
Liabilities
$0
Net assets
$2,402
Revenue
$10,500
Expenses
$32,756
Net income
-$22,256
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.11$0.33$0.22
2023Summary only. Only limited summary data is available for this year.$0.25$0.00$0.58$0.69$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$0.70$1.45$0.75
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.00$1.11$0.80$1.24$0.44
2020Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.90$1.08$0.18
2019Detailed filing. Detailed filing data is available for this year.$1.73$0.00$1.73$1.00$1.59$0.59
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$0.00$2.33$2.20$1.55$0.65
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.00$1.68$1.20$0.37$0.83
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.00$0.84$0.00$0.71$0.71
2015Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$0.00$0.86$0.86
2014Detailed filing. Detailed filing data is available for this year.$2.42$0.00$2.42$0.30$1.42$1.12