Civic Intelligence

Associated General Contractors of Kansas Inc

990 • Fiscal year 2022 • EIN 48-0506117

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

765 E 2nd Street NorthWichita, KS 67201

(785) 266-4015

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.45x

Higher debt load relative to assets than 82% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

56th percentile

0.24x

Higher debt load relative to revenue than 56% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Net Margin

93rd percentile

36%

Higher net margin than 93% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

58th percentile

$162,721

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Asset Growth

100th percentile

713%

Faster asset growth than 100% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

97th percentile

184%

Faster revenue growth than 97% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,206,810

Up $1,058,451 (+713%) from 2021

Net Assets

Up

$662,786

Up $814,525 (+537%) from 2021

Liabilities

Up

$544,024

Up $243,926 (+81%) from 2021

Revenue

Up

$2,297,687

Up $1,489,789 (+184%) from 2021

Expenses

Up

$1,481,435

Up $543,164 (+58%) from 2021

Net Income

Up

$816,252

Up $946,625 (+726%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2010: $685,732Liabilities 2010: $51,387Net Assets 2010: $634,3452010Assets 2011: $814,403Liabilities 2011: $71,476Net Assets 2011: $742,9272011Assets 2012: $834,105Liabilities 2012: $92,336Net Assets 2012: $741,7692012Assets 2013: $792,587Liabilities 2013: $73,817Net Assets 2013: $718,7702013Assets 2014: $700,079Liabilities 2014: $108,298Net Assets 2014: $591,7812014Assets 2015: $630,663Liabilities 2015: $109,978Net Assets 2015: $520,6852015Assets 2016: $566,370Liabilities 2016: $128,503Net Assets 2016: $437,8672016Assets 2017: $491,664Liabilities 2017: $131,537Net Assets 2017: $360,1272017Assets 2018: $224,622Liabilities 2018: $156,849Net Assets 2018: $67,7732018Assets 2019: $231,874Liabilities 2019: $322,231Net Assets 2019: -$90,3572019Assets 2020: $264,263Liabilities 2020: $285,491Net Assets 2020: -$21,2282020Assets 2021: $148,359Liabilities 2021: $300,098Net Assets 2021: -$151,7392021Assets 2022: $1,206,810Liabilities 2022: $544,024Net Assets 2022: $662,7862022Assets 2024: $1,908,566Liabilities 2024: $1,411,963Net Assets 2024: $496,6032024

Highlighted filing

2022

Assets$1,206,810
Liabilities$544,024
Net Assets$662,786

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $612,4782010Expenses 2011: $589,5222011Expenses 2012: $666,3202012Expenses 2013: $697,6082013Revenue 2014: $759,573Expenses 2014: $812,244Net Income 2014: -$52,6712014Revenue 2015: $750,703Expenses 2015: $822,366Net Income 2015: -$71,6632015Revenue 2016: $811,686Expenses 2016: $889,931Net Income 2016: -$78,2452016Revenue 2017: $842,378Expenses 2017: $920,918Net Income 2017: -$78,5402017Revenue 2018: $715,911Expenses 2018: $1,003,015Net Income 2018: -$287,1042018Revenue 2019: $885,682Expenses 2019: $1,045,121Net Income 2019: -$159,4392019Revenue 2020: $773,058Expenses 2020: $706,865Net Income 2020: $66,1932020Revenue 2021: $807,898Expenses 2021: $938,271Net Income 2021: -$130,3732021Revenue 2022: $2,297,687Expenses 2022: $1,481,435Net Income 2022: $816,2522022Revenue 2024: $3,962,832Expenses 2024: $3,688,101Net Income 2024: $274,7312024

Highlighted filing

2022

Revenue$2,297,687
Expenses$1,481,435
Net Income$816,252
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$2,312,740
Mission and Program Overview

Mission

Improvement of the construction industry in Kansas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$58,561$1,117,637▲ $1,059,076
Land, Buildings, and Equipment, Net$61,088$58,590▼ $2,498
Investments in Publicly Traded Securities$17,173$15,739▼ $1,434
Accounts Receivable$6,740$10,048▲ $3,308
Prepaid Expenses and Deferred Charges$797$796▼ $1
Savings and Temporary Cash Investments-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$148,359$1,206,810▲ $1,058,451
Other Assets Total$4,000$4,000→ $0
Liabilities
Deferred Revenue$223,142$528,773▲ $305,631
Accounts Payable and Accrued Expenses$56,090$10,237▼ $45,853
Other Liabilities$20,866$5,014▼ $15,852
Total Liabilities$300,098$544,024▲ $243,926
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-151,739$662,786▲ $814,525
Total Net Assets Fund Balance$-151,739$662,786▲ $814,525
Total Liabilities and Net Assets / Fund Balance$148,359$1,206,810▲ $1,058,451

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$10,714$90,618$101,332
Buildings$47,876$30,167$78,043
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike GibsonExecutive VPFT$137,000$25,721$162,721

Board Members and Trustees

NameTitle
Luke KunkelPast President
John WalkerPresident
Dean YoungersVice President
Aaron HoyDirector
Alex BreitenbachDirector
Beau BoggessDirector
Bele StewartDirector
Ben HuttonDirector
Chad BureshDirector
Chad MohrDirector
Jason MccrackenDirector
Jaymie RothrockDirector
Jeff GrierDirector
Jeff LeonardDirector
Joe LevensDirector
Joe SamiaDirector
Josh NesbitDirector
Kathryn AshleyDirector
Loren DekatDirector
Matt LashleyDirector
Matt LeeDirector
Mike StrelowDirector
Mike SwiftDirector
Patrick SchutterDirector
Ray BoyceDirector
Rob DavisDirector
Scott CaseboltDirector
Scott LudwickDirector
Tom SaffelDirector
Travis StrykerDirector
Raymond DondlingerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,506,360
Program Service Revenue
$754,119
Investment Income
$2,420
Other Revenue
$34,788
Change in Net Assets
$816,252

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,312,740
Revenue Not Reported on Financial Statements
$-15,053
Other Revenue Adjustments
$-15,053
Total Revenue per Audited Statements
$2,312,740
Total Revenue per Form 990
$2,297,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,068,720
Salaries, Compensation, and Employee Benefits$412,715
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$179,045--$179,045
Current Officers, Directors, Trustees, and Key Employees$162,721--$162,721
All Other Expenses$114,228--$114,228
Other Expenses$98,775--$98,775
Fees for Services Lobbying$69,809--$69,809
Occupancy$56,922--$56,922
Other Employee Benefits$31,608--$31,608
Travel$29,440--$29,440
Payroll Taxes$28,630--$28,630
Pension Plan Contributions$10,711--$10,711
Depreciation Depletion$8,419--$8,419
Advertising$7,225--$7,225
Total Functional Expenses$1,481,435$0$0$1,481,435

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,496,488
Expenses per Audited Statements$1,481,435
Total Expenses per Form 990$1,481,435
Expenses Not Reported on Form 990$15,053
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
Total Nondeductible Lobbying and Political Cost$70,871
Current Year Nondeductible Lobbying and Political Cost$69,809
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$5,014
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Members shall be general contractors who shall be duly elected to membership by the Board of Directors of the Association in the manner and under the conditions herein provided. Only those general contractors shall be entitled to membership who have been engaged in the general contracting business for at least two years prior to making application for membership. New firms or corporations shall be entitled to membership only in the event that at least one executive thereof shall have had at least two years experience in the general contracting business before becoming associated with the said new firm or corporation. A general contractor is hereby defined as any individual, firm or other legal entity who, under contract with another party, undertakes to execute construction work in its entirety at least partly with his or her or its own forces.

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

The government of the Association and the management of its affairs shall be vested in a Board of Directors of not less than 13 individuals, who are members or duly authorized representatives of member firms. Directors shall be elected by voice vote or ballot by the members of the Association, for such terms as the By-Laws may prescribe at the annual meeting of members, which shall be held during January or February of each year. The officers of the Association shall be a president, a vice-president, and a treasurer, who shall be elected by and from the Board of Directors. The Executive Vice President of the Association shall be the Secretary of the Association. Each member shall be restricted to only 1 vote in the affairs of the Association.A firm, corporation or other legal entity shall be treated as a single member for the purpose of voting and shall appoint a representative to cast its vote, but only an executive officer or member of such firm, corporation or legal entity may be elected to office in the Association. Corporations whose charters do not provide for membership in other organizations shall appoint an individual who shall be a member of the Association.

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

The Board of Directors shall make rules and regulations for the government of and for the promotion and advancement of the Association. It shall control the funds and other properties of the Association and direct all its expenditures and disbursements. The Board of Directors is hereby charged with the duty of carrying out the policies, order, rules and regulations of this Association which from time to time may be adopted by the general membership at any annual meeting.

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

The cpa'S review the form 990 with the officers and key employees.

Form 990, Part VI, Section B, Line 15A

The officers of the Association review each year the Executive Directors compensation and determine whether there will be additional compensation. The review includes past performance, current compensation of like positions and current Association budget.

Form 990, Part VI, Section C, Line 19

The governing documents, conflicts of interest policy and financial statements are available to the public at the Association during operating hours.

Filing and Contact Details

Filer

Filer Name
Associated General Contractors
EIN
48-0506117
Phone
7852664015
Address
765 E 2ND STREET NORTH, WICHITA, KS 67201

Signing Officer

Name
Mike Gibson
Title
President
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ben Hutton
Formed
1941
Legal Domicile
Ks
Voting Board Members
34
Independent Board Members
200
Employees
7
Volunteers
100

Preparer

Firm
MIZE CPAs INC
Address
534 S KANSAS AVE 400, TOPEKA, KS 66603
Preparer
James W Hilbert
Phone
7852330536
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The association's present accounting policy for the evaluation of uncertain tax positions is to review those positions on an annual basis. A liability would be recorded in the financial statements during the period which, based on all available evidence, management believes it is more likely than not that the tax position would not be sustained upon examination by taxing authorities and that a liability would be incurred by the association.

Part XII, Line 2D: Other expenses and losses per audited F/S

Rental expenses - part viii line 6b $15053

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt300
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt310
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IRS990/Form990PartVIISectionAGrp/PersonNm1SCOTT CASEBOLT
IRS990/Form990PartVIISectionAGrp/PersonNm2ALEX BREITENBACH
IRS990/Form990PartVIISectionAGrp/PersonNm3CHAD BURESH
IRS990/Form990PartVIISectionAGrp/PersonNm4LOREN DEKAT
IRS990/Form990PartVIISectionAGrp/PersonNm5JEFF GRIER
IRS990/Form990PartVIISectionAGrp/PersonNm6MATT LEE
IRS990/Form990PartVIISectionAGrp/PersonNm7PATRICK SCHUTTER
IRS990/Form990PartVIISectionAGrp/PersonNm8DEAN YOUNGERS
IRS990/Form990PartVIISectionAGrp/PersonNm9MATT LASHLEY
IRS990/Form990PartVIISectionAGrp/PersonNm10SCOTT LUDWICK
IRS990/Form990PartVIISectionAGrp/PersonNm11JOSH NESBIT
IRS990/Form990PartVIISectionAGrp/PersonNm12JOE SAMIA
IRS990/Form990PartVIISectionAGrp/PersonNm13MIKE STRELOW
IRS990/Form990PartVIISectionAGrp/PersonNm14BEAU BOGGESS
IRS990/Form990PartVIISectionAGrp/PersonNm15CHAD MOHR
IRS990/Form990PartVIISectionAGrp/PersonNm16JAYMIE ROTHROCK
IRS990/Form990PartVIISectionAGrp/PersonNm17KATHRYN ASHLEY
IRS990/Form990PartVIISectionAGrp/PersonNm18RAY BOYCE
IRS990/Form990PartVIISectionAGrp/PersonNm19LUKE KUNKEL
IRS990/Form990PartVIISectionAGrp/PersonNm20JOHN WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm21BEN HUTTON
IRS990/Form990PartVIISectionAGrp/PersonNm22TOM SAFFEL
IRS990/Form990PartVIISectionAGrp/PersonNm23ROB DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm24AARON HOY
IRS990/Form990PartVIISectionAGrp/PersonNm25JEFF LEONARD
IRS990/Form990PartVIISectionAGrp/PersonNm26JOE LEVENS
IRS990/Form990PartVIISectionAGrp/PersonNm27JASON MCCRACKEN
IRS990/Form990PartVIISectionAGrp/PersonNm28TRAVIS STRYKER
IRS990/Form990PartVIISectionAGrp/PersonNm29RAYMOND DONDLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm30MIKE SWIFT
IRS990/Form990PartVIISectionAGrp/PersonNm31BELE STEWART
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive VP
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt20President
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director
IRS990/Form990PartVIISectionAGrp/TitleTxt26Director
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director
IRS990/Form990PartVIISectionAGrp/TitleTxt28Director
IRS990/Form990PartVIISectionAGrp/TitleTxt29Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt30Director
IRS990/Form990PartVIISectionAGrp/TitleTxt31Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01941
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt034
IRS990/GovernmentGrantsAmt01506360
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/GrossRentsGrp/RealAmt017424
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
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IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt02420
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02420
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt015739
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt058590
IRS990/LandBldgEquipCostOrOtherBssAmt0179375
IRS990/LegalDomicileStateCd0KS
IRS990/LessRentalExpensesGrp/RealAmt015053
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Improvement of the construction industry in Kansas.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$1.41$0.50$3.96$3.69$0.27
2022Detailed filing. Detailed filing data is available for this year.$1.21$0.54$0.66$2.30$1.48$0.82
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.30$0.15$0.81$0.94$0.13
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.29$0.02$0.77$0.71$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.32$0.09$0.89$1.05$0.16
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.16$0.07$0.72$1.00$0.29
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.13$0.36$0.84$0.92$0.08
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.13$0.44$0.81$0.89$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.63$0.11$0.52$0.75$0.82$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.70$0.11$0.59$0.76$0.81$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.07$0.72$0.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.09$0.74$0.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.07$0.74$0.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.05$0.63$0.61