Civic Intelligence

The Arcnewaygo County

990 • Fiscal year 2016 • EIN 52-1035883

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 04, 2017

209 Meadow Hills LaneFremont, MI 49412

(231) 924-6790

Siviq Scores

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

Liabilities / Assets

91st percentile

0.63x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

0.65x

Higher debt load relative to revenue than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

70th percentile

18%

Faster asset growth than 70% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

46th percentile

-1.4%

Faster revenue growth than 46% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$314,339

Up $47,252 (+18%) from 2015

Net Assets

Up

$115,159

Up $37,043 (+47%) from 2015

Liabilities

Up

$199,180

Up $10,209 (+5.4%) from 2015

Revenue

Down

$305,858

Down $4,321 (-1.4%) from 2015

Expenses

Down

$268,813

Down $13,223 (-4.7%) from 2015

Net Income

Up

$37,045

Up $8,902 (+32%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $271,762Liabilities 2010: $260,397Net Assets 2010: $11,3652010Assets 2011: $263,726Liabilities 2011: $238,356Net Assets 2011: $25,3702011Assets 2012: $254,985Liabilities 2012: $233,258Net Assets 2012: $21,7272012Assets 2013: $262,863Liabilities 2013: $213,840Net Assets 2013: $49,0232013Assets 2014: $239,710Liabilities 2014: $198,884Net Assets 2014: $40,8262014Assets 2015: $267,087Liabilities 2015: $188,971Net Assets 2015: $78,1162015Assets 2016: $314,339Liabilities 2016: $199,180Net Assets 2016: $115,1592016Assets 2017: $362,679Liabilities 2017: $180,440Net Assets 2017: $182,2392017Assets 2018: $607,316Liabilities 2018: $339,890Net Assets 2018: $267,4262018Assets 2019: $693,818Liabilities 2019: $322,649Net Assets 2019: $371,1692019Assets 2020: $697,930Liabilities 2020: $233,204Net Assets 2020: $464,7262020Assets 2021: $565,428Liabilities 2021: $77,220Net Assets 2021: $488,2082021Assets 2022: $575,652Liabilities 2022: $31,986Net Assets 2022: $543,6662022Assets 2023: $658,374Liabilities 2023: $33,140Net Assets 2023: $625,2342023Assets 2024: $638,079Liabilities 2024: $12,212Net Assets 2024: $625,8672024

Highlighted filing

2016

Assets$314,339
Liabilities$199,180
Net Assets$115,159

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $286,5102010Expenses 2011: $286,8772011Expenses 2012: $290,3582012Revenue 2013: $319,195Expenses 2013: $291,899Net Income 2013: $27,2962013Revenue 2014: $318,151Expenses 2014: $326,348Net Income 2014: -$8,1972014Revenue 2015: $310,179Expenses 2015: $282,036Net Income 2015: $28,1432015Revenue 2016: $305,858Expenses 2016: $268,813Net Income 2016: $37,0452016Revenue 2017: $315,516Expenses 2017: $249,893Net Income 2017: $65,6232017Revenue 2018: $376,504Expenses 2018: $287,586Net Income 2018: $88,9182018Revenue 2019: $495,656Expenses 2019: $393,416Net Income 2019: $102,2402019Revenue 2020: $502,022Expenses 2020: $408,574Net Income 2020: $93,4482020Revenue 2021: $330,716Expenses 2021: $307,233Net Income 2021: $23,4832021Revenue 2022: $335,970Expenses 2022: $280,514Net Income 2022: $55,4562022Revenue 2023: $372,592Expenses 2023: $291,024Net Income 2023: $81,5682023Revenue 2024: $331,346Expenses 2024: $330,713Net Income 2024: $6332024

Highlighted filing

2016

Revenue$305,858
Expenses$268,813
Net Income$37,045
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 4, 2017
Return Version
2016v3.0
Gross Receipts
$309,151
Mission and Program Overview

Mission

Complete inclusion of the developmentally disabled into the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$102,424$128,614▲ $26,190
Land, Buildings, and Equipment, Net$117,084$107,191▼ $9,893
Cash and Non-Interest-Bearing Accounts$22,112$51,797▲ $29,685
Investments in Publicly Traded Securities$18,432$19,842▲ $1,410
Prepaid Expenses and Deferred Charges$5,605$5,605→ $0
Accounts Receivable$1,430$1,290▼ $140
Total Assets$267,087$314,339▲ $47,252
Liabilities
Mortgage Notes Payable Secured by Investment Property$162,773$143,316▼ $19,457
Accounts Payable and Accrued Expenses$23,138$52,804▲ $29,666
Other Liabilities$3,060$3,060→ $0
Total Liabilities$188,971$199,180▲ $10,209
Net Assets / Fund Balance
Temporarily Rstr Net Assets$103,568$146,033▲ $42,465
Unrestricted Net Assets$-25,452$-30,874▼ $5,422
Total Net Assets Fund Balance$78,116$115,159▲ $37,043
Total Liabilities and Net Assets / Fund Balance$267,087$314,339▲ $47,252

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$74,356$370,310$444,666
Equipment$6,835$75,444$82,279
Other Land Buildings-$47,474$47,474
Land$26,000-$26,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$18,431-▲ $1,616-$19,842
2015$78,472$22▼ $548$59,061$18,432
2014$10,344$67,604▲ $291-$78,472
2013$10,045$33▲ $355-$10,344
2012$8,868-▲ $1,277-$10,045
Compensation and Service Providers

Board Members and Trustees

NameTitle
Maggie KolkPresident
Heather LobdellDirector
Isabelle KiddDirector
Leslye FriesDirector
Rick MateerDirector
Ellen WatkinsSecretary
Bob MooreTreasurer
Mary MelvilleVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$3,043
Program Service Revenue
$304,371
Investment Income
$37
Other Revenue
$-1,593
All Other Contributions
$2,607
Change in Net Assets
$37,045
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$138,639
Salaries, Compensation, and Employee Benefits$130,174
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$115,505$4,639-$120,144
Occupancy$14,612--$14,612
Interest$14,244--$14,244
Depreciation Depletion$7,739$5,939-$13,678
All Other Expenses$7,363$5,028-$12,391
Fees for Services Accounting$8,819$2,400-$11,219
Payroll Taxes$9,125$905-$10,030
Other Expenses$3,395$396-$3,395
Conferences and Meetings-$607-$607
Total Functional Expenses$246,671$22,142$0$268,813
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3,293
Fundraising Gross Income$1,650
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vac & Sick Pay$2,866
Accrued Fica Vac & Sick Pay$194
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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, Page 6, Part VI, Line 11B

The board reviews and approves the form 990 prior to filing the return.

Form 990, Page 6, Part VI, Line 12C

Board members review the conflict of interest policy annually and are required to report a conflict of interest if it arises.

Form 990, Page 6, Part VI, Line 15A

The directors compensation is reviewed and approved by the board annually.

Form 990, Page 6, Part VI, Line 15B

The compensation of key employees is reviewed and approved by the board annually.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
The Arcnewaygo County
EIN
52-1035883
Phone
2319246790
Address
209 MEADOW HILLS LANE, FREMONT, MI 49412

Signing Officer

Name
Maggie Kolk
Title
President
Phone
2319246790
Signed
2017-04-04

Organization Details

Principal Officer
Maggie Kolk
Voting Board Members
8
Independent Board Members
8
Employees
7

Preparer

Firm
H&s Companies Pc
Address
PO BOX 9, FREMONT, MI 49412
Preparer
Jack G Hendon
Phone
2319246890
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0306764
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0307214
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0318318
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0283708
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01522025
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt040
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt033
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt075
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0215
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt050
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt099
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt010487
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt0691
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt011327
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99250
IRS990ScheduleA/PublicSupportPY509Pct00.99240
IRS990ScheduleA/PublicSupportTotal509Amt01535193
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0309064
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0310832
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0308894
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0320239
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0286164
IRS990ScheduleA/Total509Grp/TotalAmt01535193
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0309151
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0310961
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0319421
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0320272
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0286930
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01546735
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt074356
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0370310
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0444666
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0205
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt018431
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt019842
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01616
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0453
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt078472
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt022
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt018432
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-548
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt059061
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt094
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt010344
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt067604
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt078472
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0327
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0291
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt089
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt010045
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt033
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt010344
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0355
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0100
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt08868
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt010045
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01277
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt06835
IRS990ScheduleD/EquipmentGrp/DepreciationAmt075444
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt082279
IRS990ScheduleD/LandGrp/BookValueAmt026000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt026000
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt047474
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt047474
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02866
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1194
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED VAC & SICK PAY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED FICA VAC & SICK PAY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0107191
IRS990ScheduleD/TotalLiabilityAmt03060
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY AND ARE REQUIRED TO REPORT A CONFLICT OF INTEREST IF IT ARISES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DIRECTORS COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION OF KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0103568
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0146033
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0267087
IRS990/TotalAssetsEOYAmt0314339
IRS990/TotalAssetsGrp/BOYAmt0267087
IRS990/TotalAssetsGrp/EOYAmt0314339
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03043
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022142
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0246671
IRS990/TotalFunctionalExpensesGrp/TotalAmt0268813
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0188971
IRS990/TotalLiabilitiesEOYAmt0199180
IRS990/TotalLiabilitiesGrp/BOYAmt0188971
IRS990/TotalLiabilitiesGrp/EOYAmt0199180
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt078116
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0115159
IRS990/TotalProgramServiceExpensesAmt0246671
IRS990/TotalProgramServiceRevenueAmt0304371
IRS990/TotalRevenueGrp/ExclusionAmt087
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0304371
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0305858
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0267087
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0314339
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-25452
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-30874
IRS990/UponRequestInd0X

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.38$0.12$6.26$3.31$3.31$0.01
2023Detailed filing. Detailed filing data is available for this year.$6.58$0.33$6.25$3.73$2.91$0.82
2022Detailed filing. Detailed filing data is available for this year.$5.76$0.32$5.44$3.36$2.81$0.55
2021Detailed filing. Detailed filing data is available for this year.$5.65$0.77$4.88$3.31$3.07$0.23
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.98$2.33$4.65$5.02$4.09$0.93
2019Detailed filing. Detailed filing data is available for this year.$6.94$3.23$3.71$4.96$3.93$1.02
2018Detailed filing. Detailed filing data is available for this year.$6.07$3.40$2.67$3.77$2.88$0.89
2017Detailed filing. Detailed filing data is available for this year.$3.63$1.80$1.82$3.16$2.50$0.66
2016Detailed filing. Detailed filing data is available for this year.$3.14$1.99$1.15$3.06$2.69$0.37
2015Detailed filing. Detailed filing data is available for this year.$2.67$1.89$0.78$3.10$2.82$0.28
2014Detailed filing. Detailed filing data is available for this year.$2.40$1.99$0.41$3.18$3.26$0.08
2013Detailed filing. Detailed filing data is available for this year.$2.63$2.14$0.49$3.19$2.92$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.55$2.33$0.22$2.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$2.38$0.25$2.87
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.72$2.60$0.11$2.87