Civic Intelligence

Whitefield Academy Association

990 • Fiscal year 2014 • EIN 48-1166142

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 14, 2014

8929 Holmes Road64132

(816) 444-3567

Siviq Scores

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

Liabilities / Assets

87th percentile

0.79x

Higher debt load relative to assets than 87% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

80th percentile

0.65x

Higher debt load relative to revenue than 80% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

54th percentile

3.8%

Higher net margin than 54% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

71st percentile

10%

Faster asset growth than 71% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$1,549,146

Up $145,674 (+10%) from 2013

Net Assets

Up

$332,072

Up $71,288 (+27%) from 2013

Liabilities

Up

$1,217,074

Up $74,386 (+6.5%) from 2013

Revenue

$1,866,715

No earlier filing loaded for comparison.

Expenses

Down

$1,795,427

Down $47,837 (-2.6%) from 2013

Net Income

$71,288

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $1,491,672Liabilities 2012: $1,222,904Net Assets 2012: $268,7682012Assets 2013: $1,403,472Liabilities 2013: $1,142,688Net Assets 2013: $260,7842013Assets 2014: $1,549,146Liabilities 2014: $1,217,074Net Assets 2014: $332,0722014Assets 2015: $1,589,815Liabilities 2015: $1,184,460Net Assets 2015: $405,3552015Assets 2016: $1,654,951Liabilities 2016: $1,235,692Net Assets 2016: $419,2592016Assets 2017: $1,884,749Liabilities 2017: $1,497,217Net Assets 2017: $387,5322017Assets 2018: $1,924,000Liabilities 2018: $1,522,255Net Assets 2018: $401,7452018Assets 2019: $1,960,688Liabilities 2019: $1,491,172Net Assets 2019: $469,5162019Assets 2020: $2,370,624Liabilities 2020: $1,884,232Net Assets 2020: $486,3922020Assets 2021: $2,211,468Liabilities 2021: $1,548,815Net Assets 2021: $662,6532021Assets 2022: $3,249,031Liabilities 2022: $2,469,717Net Assets 2022: $779,3142022Assets 2023: $1,754,175Liabilities 2023: $1,205,484Net Assets 2023: $548,6912023Assets 2024: $1,984,679Liabilities 2024: $1,063,365Net Assets 2024: $921,3142024

Highlighted filing

2014

Assets$1,549,146
Liabilities$1,217,074
Net Assets$332,072

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $1,775,4972012Expenses 2013: $1,843,2642013Revenue 2014: $1,866,715Expenses 2014: $1,795,427Net Income 2014: $71,2882014Revenue 2015: $1,955,805Expenses 2015: $1,884,254Net Income 2015: $71,5512015Revenue 2016: $1,970,660Expenses 2016: $1,959,925Net Income 2016: $10,7352016Revenue 2017: $2,073,657Expenses 2017: $2,108,340Net Income 2017: -$34,6832017Revenue 2018: $2,233,036Expenses 2018: $2,272,114Net Income 2018: -$39,0782018Revenue 2019: $2,468,067Expenses 2019: $2,340,875Net Income 2019: $127,1922019Revenue 2020: $2,132,704Expenses 2020: $2,160,232Net Income 2020: -$27,5282020Revenue 2021: $2,829,031Expenses 2021: $2,679,193Net Income 2021: $149,8382021Revenue 2022: $3,116,861Expenses 2022: $3,085,642Net Income 2022: $31,2192022Revenue 2023: $2,841,727Expenses 2023: $3,072,350Net Income 2023: -$230,6232023Revenue 2024: $3,165,112Expenses 2024: $2,792,489Net Income 2024: $372,6232024

Highlighted filing

2014

Revenue$1,866,715
Expenses$1,795,427
Net Income$71,288
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 14, 2014
Return Version
2013v3.1
Gross Receipts
$1,885,173
Mission and Program Overview

Mission

Operation of a private christian school

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,101,099$1,051,680▼ $49,419
Cash and Non-Interest-Bearing Accounts$245,324$345,861▲ $100,537
Accounts Receivable$41,641$135,782▲ $94,141
Savings and Temporary Cash Investments$10,443$10,060▼ $383
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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,403,472$1,549,146▲ $145,674
Other Assets Total$4,965$5,763▲ $798
Liabilities
Mortgage Notes Payable Secured by Investment Property$728,567$696,006▼ $32,561
Deferred Revenue$383,469$460,226▲ $76,757
Accounts Payable and Accrued Expenses$24,816$36,710▲ $11,894
Other Liabilities$5,836$24,132▲ $18,296
Total Liabilities$1,142,688$1,217,074▲ $74,386
Net Assets / Fund Balance
Unrestricted Net Assets$248,969$320,257▲ $71,288
Temporarily Rstr Net Assets$11,815$11,815→ $0
Total Net Assets Fund Balance$260,784$332,072▲ $71,288
Total Liabilities and Net Assets / Fund Balance$1,403,472$1,549,146▲ $145,674

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$801,680$718,959$1,520,639
Land$250,000-$250,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Phil VeltkampPresident
Kirk PorteousVice President
Brad EstepDirector
Greg LettowDirector
Kevin MilbournDirector
Margie SchwartzDirector
Ted WilliamsDirector
Vince LongDirector
Matt WeeksSecretary
Tim SwiftTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,256
Program Service Revenue
$1,779,811
Investment Income
$186
Other Revenue
$30,462
All Other Contributions
$56,256
Change in Net Assets
$71,288
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,138,929
Other Expenses$528,585
Grants and Similar Amounts Paid$127,913
Total Fundraising Expense$2,452
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$924,546$102,727-$1,027,273
Grants to Domestic Individuals$127,913--$127,913
Occupancy$99,568$13,237$2,302$115,107
All Other Expenses$97,094$10,787-$107,881
Payroll Taxes$68,950$7,661-$76,611
Depreciation Depletion$56,026$6,225-$62,251
Other Employee Benefits$31,541$3,504-$35,045
Interest$31,040$3,449-$34,489
Other Expenses$26,696$2,966-$29,662
Fees for Services Accounting$12,079$1,342-$13,421
Fees for Services Other$8,000$888-$8,888
Office Expenses$4,866$2,471$150$7,487
Travel$2,579$286-$2,865
Advertising$2,340$260-$2,600
Total Functional Expenses$1,622,779$170,196$2,452$1,795,427
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$45,520
Fundraising Direct Expenses$18,458
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$38,974$38,974$18,311$20,663
Total Events$38,974$38,974$18,311$20,663
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
Clearing - Mission Trips$17,565
Contingent Tuition Credit$5,250
Renweb A/r Alearing$714
Credit Bal in Prepaids$603
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Board member is married to the marketing director.

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

None receiving compensation

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Only key employee is headmaster. His compensation is determined by the board.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

EIN
48-1166142
Phone
8164443567

Signing Officer

Name
Phil Veltkamp
Title
President
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
Mo
Voting Board Members
10
Independent Board Members
10
Employees
56
Volunteers
200

Preparer

Preparer
Meridith Bihuniak
Phone
9136486828
Raw XML AppendixShowing 400 of 491 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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IRS990/OccupancyGrp/TotalAmt0115107
IRS990/OfficeExpensesGrp/FundraisingAmt0150
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02471
IRS990/OfficeExpensesGrp/ProgramServicesAmt04866
IRS990/OfficeExpensesGrp/TotalAmt07487
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt04965
IRS990/OtherAssetsTotalGrp/EOYAmt05763
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03504
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt031541
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035045
IRS990/OtherExpensesGrp/Desc0OTHER PROGRAM & ACTIVITY EXP
IRS990/OtherExpensesGrp/Desc1RETREATS - FIELD TRIPS
IRS990/OtherExpensesGrp/Desc2CURRICULUM & ROOM EXP
IRS990/OtherExpensesGrp/Desc3ATHLETICS PROGRAMS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05058
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15038
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24297
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32966
IRS990/OtherExpensesGrp/ProgramServicesAmt045525
IRS990/OtherExpensesGrp/ProgramServicesAmt145339
IRS990/OtherExpensesGrp/ProgramServicesAmt238677
IRS990/OtherExpensesGrp/ProgramServicesAmt326696
IRS990/OtherExpensesGrp/TotalAmt050583
IRS990/OtherExpensesGrp/TotalAmt150377
IRS990/OtherExpensesGrp/TotalAmt242974
IRS990/OtherExpensesGrp/TotalAmt329662
IRS990/OtherLiabilitiesGrp/BOYAmt05836
IRS990/OtherLiabilitiesGrp/EOYAmt024132
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt03400
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03400
IRS990/OtherRevenueTotalAmt03400
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0102727
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0924546
IRS990/OtherSalariesAndWagesGrp/TotalAmt01027273
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07661
IRS990/PayrollTaxesGrp/ProgramServicesAmt068950
IRS990/PayrollTaxesGrp/TotalAmt076611
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL
IRS990/ProgramServiceRevenueGrp/ExclusionAmt019000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01760811
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01760811
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt119000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt079536
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0154416
IRS990/PYInvestmentIncomeAmt0144
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0559028
IRS990/PYOtherRevenueAmt04457
IRS990/PYProgramServiceRevenueAmt01751143
IRS990/PYRevenuesLessExpensesAmt0-7984
IRS990/PYSalariesCompEmpBnftPaidAmt01129820
IRS990/PYTotalExpensesAmt01843264
IRS990/PYTotalRevenueAmt01835280
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt071288
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01760811
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010443
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010060
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/LandGrp/BookValueAmt0250000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0250000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0801680
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0718959
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01520639
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017565
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2603
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3714
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CLEARING - MISSION TRIPS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONTINGENT TUITION CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CREDIT BAL IN PREPAIDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3RENWEB A/R ALEARING
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01051680
IRS990ScheduleD/TotalLiabilityAmt024132
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY'S NONDISCRIMINATORY POLICY IS PUBLICIZED THROUGH THE INTERNET, BROADCAST MEDIA AND WRITTEN PUBLISHED MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt018311
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt038974
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt038974
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt038974
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt038974
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0PTF FUNDRAISERS & OTHER
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt020663
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt018311
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt018311
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0127913

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.98$1.06$0.92$3.17$2.79$0.37
2023Detailed filing. Detailed filing data is available for this year.$1.75$1.21$0.55$2.84$3.07$0.23
2022Detailed filing. Detailed filing data is available for this year.$3.25$2.47$0.78$3.12$3.09$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$1.55$0.66$2.83$2.68$0.15
2020Detailed filing. Detailed filing data is available for this year.$2.37$1.88$0.49$2.13$2.16$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.96$1.49$0.47$2.47$2.34$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.92$1.52$0.40$2.23$2.27$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.88$1.50$0.39$2.07$2.11$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.65$1.24$0.42$1.97$1.96$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.59$1.18$0.41$1.96$1.88$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.55$1.22$0.33$1.87$1.80$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$1.14$0.26$1.84
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$1.22$0.27$1.78