Civic Intelligence

Virginia Telecommunications Industry Assoc

990EZ • Fiscal year 2020 • EIN 54-1032207

Jul 01, 2019 to Jun 30, 2020 • Filed on Sep 28, 2020

PO Box 2546Glen Allen, VA 23058

(804) 643-7429

Siviq Scores

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

Liabilities / Assets

58th percentile

0.02x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

60th percentile

0.02x

Higher debt load relative to revenue than 60% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

6th percentile

-103%

Higher net margin than 6% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

71st percentile

$4,000

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

7th percentile

-46%

Faster asset growth than 7% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

87th percentile

13%

Faster revenue growth than 87% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$62,673

Down $53,287 (-46%) from 2019

Net Assets

Down

$61,507

Down $52,471 (-46%) from 2019

Liabilities

Down

$1,166

Down $816 (-41%) from 2019

Revenue

Up

$50,856

Up $5,771 (+13%) from 2019

Expenses

Up

$103,327

Up $3,306 (+3.3%) from 2019

Net Income

Up

-$52,471

Up $2,465 (+4.5%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $335,621Liabilities 2011: $708Net Assets 2011: $334,9132011Assets 2012: $276,754Liabilities 2012: $3,429Net Assets 2012: $273,3252012Assets 2013: $302,525Liabilities 2013: $3,253Net Assets 2013: $299,2722013Assets 2014: $268,205Liabilities 2014: $3,449Net Assets 2014: $264,7562014Assets 2015: $297,905Liabilities 2015: $146Net Assets 2015: $297,7592015Assets 2016: $356,944Liabilities 2016: $2,692Net Assets 2016: $354,2522016Assets 2017: $240,020Liabilities 2017: $1,575Net Assets 2017: $238,4452017Assets 2018: $171,701Liabilities 2018: $1,790Net Assets 2018: $169,9112018Assets 2019: $115,960Liabilities 2019: $1,982Net Assets 2019: $113,9782019Assets 2020: $62,673Liabilities 2020: $1,166Net Assets 2020: $61,5072020Assets 2023: $43,417Liabilities 2023: $0Net Assets 2023: $43,4172023Assets 2024: $49,699Liabilities 2024: $0Net Assets 2024: $49,6992024Assets 2025: $57,966Liabilities 2025: $0Net Assets 2025: $57,9662025

Highlighted filing

2020

Assets$62,673
Liabilities$1,166
Net Assets$61,507

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $419,237Expenses 2011: $331,830Net Income 2011: $87,4072011Expenses 2012: $367,3132012Revenue 2013: $318,871Expenses 2013: $292,924Net Income 2013: $25,9472013Revenue 2014: $286,078Expenses 2014: $320,594Net Income 2014: -$34,5162014Revenue 2015: $199,139Expenses 2015: $166,136Net Income 2015: $33,0032015Revenue 2016: $219,440Expenses 2016: $171,330Net Income 2016: $48,1102016Revenue 2017: $41,842Expenses 2017: $156,864Net Income 2017: -$115,0222017Revenue 2018: $35,064Expenses 2018: $102,589Net Income 2018: -$67,5252018Revenue 2019: $45,085Expenses 2019: $100,021Net Income 2019: -$54,9362019Revenue 2020: $50,856Expenses 2020: $103,327Net Income 2020: -$52,4712020Revenue 2023: $58,800Expenses 2023: $49,236Net Income 2023: $9,5642023Revenue 2024: $60,089Expenses 2024: $53,807Net Income 2024: $6,2822024Revenue 2025: $52,600Expenses 2025: $44,333Net Income 2025: $8,2672025

Highlighted filing

2020

Revenue$50,856
Expenses$103,327
Net Income-$52,471
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Sep 28, 2020
Return Version
2019v5.0
Gross Receipts
$53,047
Mission and Program Overview

Mission

Telecommunication issues and education

Program Services

DescriptionGrantsExpenses
CONFERENCES AND MEETINGS FOR MEMBERS AND INTERESTED INDIVIDUALS TO EDUCATE PERSONNEL ON MATTERS RELATING TO REGULATORY DIRECTIVES AND NEW IDEAS AND TOPICS IN TELECOMMUNICATIONS.-$95,468
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD SCHOLLMANExecutive DiPT$4,000-$4,000
MICHELE TAYLORPresident-$0--
TONY EATONVice Preside-$0--
JEFF HANDLEYSecretary/Tr-$0--
R CRAIG SMITHImmediate Pa-$0--
GREG SAPPDirector-$0--
FRED LAWLESSDirector-$0--
TIM HARRISDirector-$0--
ROB TAYLORDirector-$0--
CHAD KIMBLEDirector-$0--
MATT HILLDirector-$0--
DEREK KELLYDriector-$0--
DIEGO ANDERSONDirector-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Virginia Telecommunications
EIN
54-1032207
Phone
8046437429
Address
PO BOX 2546, GLEN ALLEN, VA 23058

Signing Officer

Name
Richard Schollman
Title
Executive Director
Phone
8046437429
Signed
2020-09-28
Discuss with paid preparer
Yes

Preparer

Firm
Stephen F Perry CPA Pc
Address
3522 BOULEVARD STE A, COLONIAL HEIGHTS, VA 23834-1320
Preparer
Stephen F Perry
Phone
8045201272
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 2,957 conference/meeting expenses 3,397 supplies 3,965 telephone 2,011 postage & shipping 126 printing & publications 92 bank charges 256 dues & subscriptions 861 other taxes 588 total 14,253

Form 990-ez, Part II, Line 24

Equipment & furniture 6,250 6,250 less accumulated depreciation 6,250 6,250 ntca retiree trust 2,038 2,038 total 2,038 2,038

Form 990-ez, Part II, Line 26

Payroll liabilities 1,982 1,166

Form 990-ez, Part III, Line 28

Conferences and meetings for members and interested individuals to educate personnel on matters relating to regulatory directives and new ideas and topics in telecommunications.

Raw XML Appendix161 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0RICHARD SCHOLLMAN
IRS990EZ/BooksInCareOfDetail/PhoneNum08046437429
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 2546
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GLEN ALLEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023058
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0113922
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt060635
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt050360
IRS990EZ/CostOrOtherBasisExpenseSaleAmt02191
IRS990EZ/DirectIndirectPltclExpendAmt0420
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-52471
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05520
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0115960
IRS990EZ/Form990TotalAssetsGrp/EOYAmt062673
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-2191
IRS990EZ/GrossReceiptsAmt053047
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02558
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0113978
IRS990EZ/NetAssetsOrFundBalancesEOYAmt061507
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0113978
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt061507
IRS990EZ/OccupancyRentUtltsAndMaintAmt0752
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt420.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt9000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt44000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHELE TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TONY EATON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEFF HANDLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3R CRAIG SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RICHARD SCHOLLMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5GREG SAPP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6FRED LAWLESS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7TIM HARRIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8ROB TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9CHAD KIMBLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10MATT HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11DEREK KELLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12DIEGO ANDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3IMMEDIATE PA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11DRIECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02038
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02038
IRS990EZ/OtherExpensesTotalAmt014253
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TELECOMMUNICATION ISSUES AND EDUCATION
IRS990EZ/ProgramServiceRevenueAmt0129
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONFERENCES AND MEETINGS FOR MEMBERS AND INTERESTED INDIVIDUALS TO EDUCATE PERSONNEL ON MATTERS RELATING TO REGULATORY DIRECTIVES AND NEW IDEAS AND TOPICS IN TELECOMMUNICATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt095468
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt082802
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0true
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01982
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01166
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0103327
IRS990EZ/TotalProgramServiceExpensesAmt095468
IRS990EZ/TotalRevenueAmt050856
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0VTIA.ORG
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 2,957 CONFERENCE/MEETING EXPENSES 3,397 SUPPLIES 3,965 TELEPHONE 2,011 POSTAGE & SHIPPING 126 PRINTING & PUBLICATIONS 92 BANK CHARGES 256 DUES & SUBSCRIPTIONS 861 OTHER TAXES 588 TOTAL 14,253
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT & FURNITURE 6,250 6,250 LESS ACCUMULATED DEPRECIATION 6,250 6,250 NTCA RETIREE TRUST 2,038 2,038 TOTAL 2,038 2,038
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL LIABILITIES 1,982 1,166
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFERENCES AND MEETINGS FOR MEMBERS AND INTERESTED INDIVIDUALS TO EDUCATE PERSONNEL ON MATTERS RELATING TO REGULATORY DIRECTIVES AND NEW IDEAS AND TOPICS IN TELECOMMUNICATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD SCHOLLMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08046437429
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIRGINIA TELECOMMUNICATIONS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INDUSTRY ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0VIRG
ReturnHeader/Filer/EIN0541032207
ReturnHeader/Filer/PhoneNum08046437429
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2546
ReturnHeader/Filer/USAddress/CityNm0GLEN ALLEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023058
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AEAE0D4C61C36BB8A625BF266FFD0CCEDFB74056
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AEAE0D4C61C36BB8A625BF266FFD0CCEDFB74056
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.37.240.203
ReturnHeader/FilingSecurityInformation/IPDt02020-09-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:45:40
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541611116
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STEPHEN F PERRY CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03522 BOULEVARD STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLONIAL HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0238341320
ReturnHeader/PreparerPersonGrp/PhoneNum08045201272
ReturnHeader/PreparerPersonGrp/PreparationDt02020-09-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN F PERRY
ReturnHeader/ReturnTs02020-09-30T10:45:40-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.00$0.58$0.53$0.44$0.08
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.00$0.50$0.60$0.54$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.59$0.49$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.63$0.01$0.62$0.51$1.03$0.52
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.02$1.14$0.45$1.00$0.55
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.02$1.70$0.35$1.03$0.68
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.40$0.02$2.38$0.42$1.57$1.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.57$0.03$3.54$2.19$1.71$0.48
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$0.00$2.98$1.99$1.66$0.33
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$0.03$2.65$2.86$3.21$0.35
2013Summary only. Only limited summary data is available for this year.$3.03$0.03$2.99$3.19$2.93$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$0.03$2.73$3.67
2011Summary only. Only limited summary data is available for this year.$3.36$0.01$3.35$4.19$3.32$0.87