Civic Intelligence

Clay Eichler Memorial Fund

990EZ • Fiscal year 2017 • EIN 47-1461418

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

Organization ProfileCLAYSGOLFANDGUITARS.COM
3710 Skyline BlvdTexarkana, TX 75503

(903) 277-0192

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.

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

Liabilities / Revenue

56th percentile

0.00x

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

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

Net Margin

29th percentile

-5.4%

Higher net margin than 29% 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

21st percentile

-19%

Faster asset growth than 21% of similar nonprofits.

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

Revenue Growth

80th percentile

32%

Faster revenue growth than 80% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$32,503

Down $7,869 (-19%) from 2016

Net Assets

$32,503

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin29th percentile

Revenue

Up

$146,590

Up $35,854 (+32%) from 2016

Expenses

Down

$154,459

Down $9,457 (-5.8%) from 2016

Net Income

Up

-$7,869

Up $45,311 (+85%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$100K$50K$0Assets 2015: $93,552Liabilities 2015: $0Net Assets 2015: $93,5522015Assets 2016: $40,372Liabilities 2016: $02016Assets 2017: $32,503Liabilities 2017: $0Net Assets 2017: $32,5032017Assets 2018: $2,986Liabilities 2018: $02018Assets 2019: $8,578Liabilities 2019: $900Net Assets 2019: $7,6782019Assets 2020: $9,653Liabilities 2020: $900Net Assets 2020: $8,7532020Assets 2021: $14,706Liabilities 2021: $0Net Assets 2021: $14,7062021Assets 2022: $17,601Liabilities 2022: $0Net Assets 2022: $17,6012022

Highlighted filing

2017

Assets$32,503
Liabilities$0
Net Assets$32,503
Open 2017 Filing

Operations Trend

Revenue Growth80th percentile

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

$200K$100K$0-$100KRevenue 2015: $171,893Expenses 2015: $110,663Net Income 2015: $61,2302015Revenue 2016: $110,736Expenses 2016: $163,916Net Income 2016: -$53,1802016Revenue 2017: $146,590Expenses 2017: $154,459Net Income 2017: -$7,8692017Revenue 2018: $135,134Expenses 2018: $164,651Net Income 2018: -$29,5172018Revenue 2019: $176,725Expenses 2019: $172,033Net Income 2019: $4,6922019Revenue 2020: $129,716Expenses 2020: $128,641Net Income 2020: $1,0752020Revenue 2021: $181,025Expenses 2021: $175,072Net Income 2021: $5,9532021Revenue 2022: $196,644Expenses 2022: $193,749Net Income 2022: $2,8952022

Highlighted filing

2017

Revenue$146,590
Expenses$154,459
Net Income-$7,869
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.2
Gross Receipts
$188,516
Mission and Program Overview

Mission

To provide support to the community

To provide support to the community.

Program Services

DescriptionGrantsExpenses
GRANT TO ARKLATEX 100 CLUB, A NOT-FOR-PROFIT ORGANIZATION SUPPORTING PEACE OFFICERS, FIREFIGHTERS AND THEIR DEPARTMENTS IN THE ARKLATEX$145,000$0
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GAIL EICHLERPresidentPT$0--
BARBARA GLICKSecretaryPT$0--
DEBBIE ALKIRETreasurerPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament, Concert, Auction$65,505$65,505$1,635$63,870
Total Events$65,505$65,505$41,926$23,579
Filing and Contact Details

Filer

Filer Name
Clay Eichler Memorial Fund
EIN
47-1461418
Phone
9032770192
Address
3710 SKYLINE BLVD, TEXARKANA, TX 75503

Signing Officer

Name
Gail R Eichler
Title
President, Director
Phone
9032770192
Signed
2018-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Grier Reeves & Lawley Pc
Address
3424 TEXAS BLVD, TEXARKANA, TX 75503
Preparer
Bobby Pritchard
Phone
9037935695
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: support of police officers and firefighters. Grantee name: arklatex 100 club. Grantee address: 3710 skyline boulevard texarkana, tx 75503. Property description: cash. Method used to determine book value: cash. Method used to determine fmv: cash. Book value of property: 145,000. Date of gift: various. Amount given: 145,000.”

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

“Description: advertising. Amount: 6,521. Description: information technology. Amount: 270. Description: insurance. Amount: 426. Total to form 990-ez, line 16: 7,217.”

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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0GAIL R EICHLER DIRECTOR
IRS990EZ/BooksInCareOfDetail/PhoneNum09032770192
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03710 SKYLINE BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0TEXARKANA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075503
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt040372
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt032503
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0123011
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-7869
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt040372
IRS990EZ/Form990TotalAssetsGrp/EOYAmt032503
IRS990EZ/FundraisingGrossIncomeAmt065505
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0145000
IRS990EZ/GrossReceiptsAmt0188516
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt040372
IRS990EZ/NetAssetsOrFundBalancesEOYAmt032503
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt040372
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt032503
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt027.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt117.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt214.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GAIL EICHLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BARBARA GLICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DEBBIE ALKIRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt07217
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SUPPORT TO THE COMMUNITY.
IRS990EZ/PrintingPublicationsPostageAmt02242
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRANT TO ARKLATEX 100 CLUB, A NOT-FOR-PROFIT ORGANIZATION SUPPORTING PEACE OFFICERS, FIREFIGHTERS AND THEIR DEPARTMENTS IN THE ARKLATEX
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0145000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt041926
IRS990EZ/SpecialEventsNetIncomeLossAmt023579
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0154459
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0146590
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0CLAYSGOLFANDGUITARS.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt02014 WAS INITIAL YEAR
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0123011
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt094404
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt094813
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07717
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0319945
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt066505
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt049511
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0122050
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt026250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0264316
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0584261
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0189516
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0143915
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0216863
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt033967
IRS990ScheduleA/Total509Grp/TotalAmt0584261
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0189516
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0143915
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0216863
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt033967
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0584261
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt03000
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt03000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt041926
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt09766
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt09766
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT, CONCERT, AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt065505
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt065505
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt065505
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt065505
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt023579
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt01834
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt01834
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01635
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01635
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt025691
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt025691
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0PAYMENTS FOR GOLF TOURNAMENT, CONCERT, AUCTION
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE G, PART I, LINE 2B, COLUMN (V)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: SUPPORT OF POLICE OFFICERS AND FIREFIGHTERS. GRANTEE NAME: ARKLATEX 100 CLUB. GRANTEE ADDRESS: 3710 SKYLINE BOULEVARD TEXARKANA, TX 75503. PROPERTY DESCRIPTION: CASH. METHOD USED TO DETERMINE BOOK VALUE: CASH. METHOD USED TO DETERMINE FMV: CASH. BOOK VALUE OF PROPERTY: 145,000. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 145,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADVERTISING. AMOUNT: 6,521. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 270. DESCRIPTION: INSURANCE. AMOUNT: 426. TOTAL TO FORM 990-EZ, LINE 16: 7,217.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GAIL R EICHLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT, DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09032770192
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLAY EICHLER MEMORIAL FUND
ReturnHeader/Filer/BusinessNameControlTxt0CLAY
ReturnHeader/Filer/EIN0471461418
ReturnHeader/Filer/PhoneNum09032770192
ReturnHeader/Filer/USAddress/AddressLine1Txt03710 SKYLINE BLVD
ReturnHeader/Filer/USAddress/CityNm0TEXARKANA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075503
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId020CB966EE73A2CC0205E8AF2DDF0C7B95EE66EEB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId020CB966EE73A2CC0205E8AF2DDF0C7B95EE66EEB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.117.12.99
ReturnHeader/FilingSecurityInformation/IPDt02018-05-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:38:48
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752074778
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GRIER REEVES & LAWLEY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03424 TEXAS BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TEXARKANA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075503
ReturnHeader/PreparerPersonGrp/PhoneNum09037935695
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BOBBY PRITCHARD
ReturnHeader/ReturnTs02018-05-15T10:19:27-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$32,503
Liabilities
$0
Net assets
$32,503
Revenue
$146,590
Expenses
$154,459
Net income
-$7,869
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.00$0.18$1.97$1.94$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.00$0.15$1.81$1.75$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.01$0.09$1.30$1.29$0.01
2019Summary only. Only limited summary data is available for this year.$0.09$0.01$0.08$1.77$1.72$0.05
2018Summary only. Only limited summary data is available for this year.$0.03$0.00$1.35$1.65$0.30
2017Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$1.47$1.54$0.08
2016Summary only. Only limited summary data is available for this year.$0.40$0.00$1.11$1.64$0.53
2015Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$1.72$1.11$0.61