Civic Intelligence

Maryland Economic Development Association Inc (Meda)

990 • Fiscal year 2018 • EIN 52-2242009

Jan 01, 2018 to Dec 31, 2018 • Filed on May 06, 2019

PO Box 27039Baltimore, MD 21230

(410) 347-1246

Siviq Scores

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

Liabilities / Assets

71st percentile

0.07x

Higher debt load relative to assets than 71% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

0.13x

Higher debt load relative to revenue than 81% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

50th percentile

2.7%

Higher net margin than 50% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

58th percentile

5.9%

Faster asset growth than 58% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

57th percentile

3.9%

Faster revenue growth than 57% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$355,094

Up $19,694 (+5.9%) from 2017

Net Assets

Up

$328,802

Up $5,338 (+1.7%) from 2017

Liabilities

Up

$26,292

Up $14,356 (+120%) from 2017

Revenue

Up

$198,682

Up $7,367 (+3.9%) from 2017

Expenses

Up

$193,344

Up $21,597 (+13%) from 2017

Net Income

Down

$5,338

Down $14,230 (-73%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $312,638Liabilities 2010: $22,274Net Assets 2010: $290,3642010Assets 2011: $261,559Liabilities 2011: $8,706Net Assets 2011: $252,8532011Assets 2012: $281,296Liabilities 2012: $24,205Net Assets 2012: $257,0912012Assets 2013: $300,825Liabilities 2013: $18,590Net Assets 2013: $282,2352013Assets 2014: $324,146Liabilities 2014: $11,560Net Assets 2014: $312,5862014Assets 2015: $330,058Liabilities 2015: $10,206Net Assets 2015: $319,8522015Assets 2016: $332,265Liabilities 2016: $11,930Net Assets 2016: $320,3352016Assets 2017: $335,400Liabilities 2017: $11,936Net Assets 2017: $323,4642017Assets 2018: $355,094Liabilities 2018: $26,292Net Assets 2018: $328,8022018Assets 2019: $382,681Liabilities 2019: $9,282Net Assets 2019: $373,3992019Assets 2020: $404,442Liabilities 2020: $6,942Net Assets 2020: $397,5002020Assets 2021: $426,691Liabilities 2021: $6,640Net Assets 2021: $420,0512021Assets 2022: $448,117Liabilities 2022: $13,451Net Assets 2022: $434,6662022Assets 2023: $470,929Liabilities 2023: $6,642Net Assets 2023: $464,2872023Assets 2024: $431,599Liabilities 2024: $9,975Net Assets 2024: $421,6242024

Highlighted filing

2018

Assets$355,094
Liabilities$26,292
Net Assets$328,802

Operations Trend

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

$400K$300K$200K$100K$0Expenses 2010: $122,5432010Expenses 2011: $130,4402011Expenses 2012: $153,7352012Revenue 2013: $174,380Expenses 2013: $149,236Net Income 2013: $25,1442013Revenue 2014: $173,283Expenses 2014: $142,932Net Income 2014: $30,3512014Revenue 2015: $162,125Expenses 2015: $154,859Net Income 2015: $7,2662015Revenue 2016: $177,065Expenses 2016: $164,352Net Income 2016: $12,7132016Revenue 2017: $191,315Expenses 2017: $171,747Net Income 2017: $19,5682017Revenue 2018: $198,682Expenses 2018: $193,344Net Income 2018: $5,3382018Revenue 2019: $218,290Expenses 2019: $173,693Net Income 2019: $44,5972019Revenue 2020: $208,985Expenses 2020: $184,884Net Income 2020: $24,1012020Revenue 2021: $239,005Expenses 2021: $216,454Net Income 2021: $22,5512021Revenue 2022: $258,416Expenses 2022: $228,037Net Income 2022: $30,3792022Revenue 2023: $278,201Expenses 2023: $239,037Net Income 2023: $39,1642023Revenue 2024: $300,763Expenses 2024: $289,821Net Income 2024: $10,9422024

Highlighted filing

2018

Revenue$198,682
Expenses$193,344
Net Income$5,338
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 6, 2019
Return Version
2018v3.1
Gross Receipts
$198,682
Mission and Program Overview

Mission

A statewide organization of economic development professionals who promote economic well-being in maryland by working to improve the business climate and professionalism in the field of econ developmt.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$185,092$207,311▲ $22,219
Cash and Non-Interest-Bearing Accounts$79,112$81,388▲ $2,276
Savings and Temporary Cash Investments$50,366$50,406▲ $40
Land, Buildings, and Equipment, Net$14,739$14,739→ $0
Prepaid Expenses and Deferred Charges$3,641--
Accounts Receivable$2,450$1,250▼ $1,200
Total Assets$335,400$355,094▲ $19,694
Liabilities
Accounts Payable and Accrued Expenses$11,936$21,192▲ $9,256
Deferred Revenue-$5,100-
Total Liabilities$11,936$26,292▲ $14,356
Net Assets / Fund Balance
Unrestricted Net Assets$323,464$328,802▲ $5,338
Total Net Assets Fund Balance$323,464$328,802▲ $5,338
Total Liabilities and Net Assets / Fund Balance$335,400$355,094▲ $19,694

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$13,545$14,801$28,346
Equipment$1,194$2,497$3,691
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kimberly ClarkPresident
Brian DarmodyDirector
Janice RileyDirector
John DevineDirector
John WasilisinDirector
Kiesha HaughtonDirector
Lisa WebbDirector
Merry MearsDirector
Renee WinskyDirector
Rhonda RayDirector
Richard GriffinDirector
Robert BrennanDirector
Stephen PrimoschDirector
Keasha HaythePast Preside
Daniel ThompsonSecretary
Stephen PrimoschTreasurer
Heather GrammVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$52,131
Program Service Revenue
$146,511
Investment Income
$40
Other Revenue
$0
Change in Net Assets
$5,338
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$135,218
Other Expenses$58,126
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$112,414$12,490-$124,904
Fees for Services Other$8,720$2,907-$11,627
Payroll Taxes$9,283$1,031-$10,314
Information Technology$4,346$1,086-$5,432
Travel$3,689$922-$4,611
Depreciation Depletion$2,819$314-$3,133
Fees for Services Accounting$2,016$864-$2,880
Insurance$2,455$273-$2,728
Office Expenses$1,452$364-$1,816
Conferences and Meetings$1,289$143-$1,432
Other Expenses$1,003$567-$1,003
All Other Expenses$750$188-$938
Total Functional Expenses$171,903$21,441$0$193,344
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
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, Page 6, Part VI, Line 7A

Election of officers is subject to the approval of membership.

Form 990, Page 6, Part VI, Line 7B

All bylaw changes are subject to the approval of the membership.

Form 990, Page 6, Part VI, Line 11B

Treasurer/financial officer review form 990 with board of directors.

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

The executive committee reviews and approves the compensation of the executive director on an annual basis.

Form 990, Page 6, Part VI, Line 19

The governing documents and financial statements are available upon request at the organization's office.

Filing and Contact Details

Filer

Filer Name
Maryland Economic Development
EIN
52-2242009
Phone
4103471246
Address
PO BOX 27039, BALTIMORE, MD 21230

Signing Officer

Name
Stephen Primosch
Title
Treasurer
Phone
4103471246
Signed
2019-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly Clark
Formed
1999
Legal Domicile
Md
Voting Board Members
17
Independent Board Members
17
Employees
2
Volunteers
20

Preparer

Firm
P C Financial Services LLC
Address
P O BOX 1003, MILLERSVILLE, MD 21108
Preparer
Lynne E Chaput CPA
Phone
4107290618
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers assist with conferences, activities, committees and board positions.

Form 990, Page 2, Part III, Line 4D

Opportunities for members to develop partnerships and networking to promote economic growth in the state of maryland through local planning, workforce, transportation, international trade, tourism and finance.

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IRS990/OtherExpensesGrp/Desc1BANK & CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc2TELEPHONE/FAX
IRS990/OtherExpensesGrp/Desc3MEMBER MEETING EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0292
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1567
IRS990/OtherExpensesGrp/ProgramServicesAmt016775
IRS990/OtherExpensesGrp/ProgramServicesAmt12625
IRS990/OtherExpensesGrp/ProgramServicesAmt22267
IRS990/OtherExpensesGrp/ProgramServicesAmt31003
IRS990/OtherExpensesGrp/TotalAmt016775
IRS990/OtherExpensesGrp/TotalAmt12917
IRS990/OtherExpensesGrp/TotalAmt22834
IRS990/OtherExpensesGrp/TotalAmt31003
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012490
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0112414
IRS990/OtherSalariesAndWagesGrp/TotalAmt0124904
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0185092
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0207311
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01031
IRS990/PayrollTaxesGrp/ProgramServicesAmt09283
IRS990/PayrollTaxesGrp/TotalAmt010314
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03641
IRS990/PrincipalOfficerNm0KIMBERLY CLARK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0146511
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0146511
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OPPORTUNITIES FOR MEMBERS TO DEVELOP PARTNERSHIPS AND NETWORKING TO PROMOTE ECONOMIC GROWTH IN THE STATE OF MARYLAND THROUGH LOCAL PLANNING, WORKFORCE, TRANSPORTATION, INTERNATIONAL TRADE, TOURISM AND FINANCE.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt048075
IRS990/PYInvestmentIncomeAmt040
IRS990/PYOtherExpensesAmt049167
IRS990/PYProgramServiceRevenueAmt0143200
IRS990/PYRevenuesLessExpensesAmt019568
IRS990/PYSalariesCompEmpBnftPaidAmt0122580
IRS990/PYTotalExpensesAmt0171747
IRS990/PYTotalRevenueAmt0191315
IRS990/ReconcilationRevenueExpnssAmt05338
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0146511
IRS990/SavingsAndTempCashInvstGrp/BOYAmt050366
IRS990/SavingsAndTempCashInvstGrp/EOYAmt050406
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01194
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02497
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03691
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013545
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014801
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt028346
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014739
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS ASSIST WITH CONFERENCES, ACTIVITIES, COMMITTEES AND BOARD POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OPPORTUNITIES FOR MEMBERS TO DEVELOP PARTNERSHIPS AND NETWORKING TO PROMOTE ECONOMIC GROWTH IN THE STATE OF MARYLAND THROUGH LOCAL PLANNING, WORKFORCE, TRANSPORTATION, INTERNATIONAL TRADE, TOURISM AND FINANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ELECTION OF OFFICERS IS SUBJECT TO THE APPROVAL OF MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL BYLAW CHANGES ARE SUBJECT TO THE APPROVAL OF THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TREASURER/FINANCIAL OFFICER REVIEW FORM 990 WITH BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0335400
IRS990/TotalAssetsEOYAmt0355094
IRS990/TotalAssetsGrp/BOYAmt0335400
IRS990/TotalAssetsGrp/EOYAmt0355094
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt052131
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021441
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0171903
IRS990/TotalFunctionalExpensesGrp/TotalAmt0193344
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011936
IRS990/TotalLiabilitiesEOYAmt026292
IRS990/TotalLiabilitiesGrp/BOYAmt011936
IRS990/TotalLiabilitiesGrp/EOYAmt026292
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0323464
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0328802
IRS990/TotalProgramServiceExpensesAmt0171903
IRS990/TotalProgramServiceRevenueAmt0146511
IRS990/TotalRevenueGrp/ExclusionAmt040
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0146511
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0198682
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0335400
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0355094
IRS990/TravelGrp/ManagementAndGeneralAmt0922
IRS990/TravelGrp/ProgramServicesAmt03689
IRS990/TravelGrp/TotalAmt04611
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0323464
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0328802
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0WWW.MEDAMD.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN PRIMOSCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04103471246
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARYLAND ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC (MEDA)
ReturnHeader/Filer/BusinessNameControlTxt0MARY
ReturnHeader/Filer/EIN0522242009
ReturnHeader/Filer/PhoneNum04103471246
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 27039
ReturnHeader/Filer/USAddress/CityNm0BALTIMORE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021230
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00B4174750A9460802F02A542A90D3532E7A6A808
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00B4174750A9460802F02A542A90D3532E7A6A808
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0100.16.160.199
ReturnHeader/FilingSecurityInformation/IPDt02019-05-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm019:33:22
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0522223052
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0P C FINANCIAL SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 1003

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.32$0.10$4.22$3.01$2.90$0.11
2023Detailed filing. Detailed filing data is available for this year.$4.71$0.07$4.64$2.78$2.39$0.39
2022Detailed filing. Detailed filing data is available for this year.$4.48$0.13$4.35$2.58$2.28$0.30
2021Detailed filing. Detailed filing data is available for this year.$4.27$0.07$4.20$2.39$2.16$0.23
2020Detailed filing. Detailed filing data is available for this year.$4.04$0.07$3.98$2.09$1.85$0.24
2019Detailed filing. Detailed filing data is available for this year.$3.83$0.09$3.73$2.18$1.74$0.45
2018Detailed filing. Detailed filing data is available for this year.$3.55$0.26$3.29$1.99$1.93$0.05
2017Detailed filing. Detailed filing data is available for this year.$3.35$0.12$3.23$1.91$1.72$0.20
2016Detailed filing. Detailed filing data is available for this year.$3.32$0.12$3.20$1.77$1.64$0.13
2015Detailed filing. Detailed filing data is available for this year.$3.30$0.10$3.20$1.62$1.55$0.07
2014Detailed filing. Detailed filing data is available for this year.$3.24$0.12$3.13$1.73$1.43$0.30
2013Detailed filing. Detailed filing data is available for this year.$3.01$0.19$2.82$1.74$1.49$0.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$0.24$2.57$1.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$0.09$2.53$1.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.13$0.22$2.90$1.23