Civic Intelligence

Richland North Inc.

990 • Fiscal year 2018 • EIN 57-0678856

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 17, 2018

Post Office Box 151Chesterfield, SC 29709

(843) 623-9016

Siviq Scores

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

Liabilities / Assets

89th percentile

0.45x

Higher debt load relative to assets than 89% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

0.94x

Higher debt load relative to revenue than 95% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

74th percentile

18%

Higher net margin than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

51st percentile

2.1%

Faster asset growth than 51% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

59th percentile

6.9%

Faster revenue growth than 59% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$346,791

Up $7,171 (+2.1%) from 2017

Net Assets

Up

$192,282

Up $30,001 (+18%) from 2017

Liabilities

Down

$154,509

Down $22,830 (-13%) from 2017

Revenue

Up

$164,190

Up $10,565 (+6.9%) from 2017

Expenses

Down

$134,189

Down $1,571 (-1.2%) from 2017

Net Income

Up

$30,001

Up $12,136 (+68%) 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 2012: $360,273Liabilities 2012: $288,015Net Assets 2012: $72,2582012Assets 2013: $349,133Liabilities 2013: $268,625Net Assets 2013: $80,5082013Assets 2014: $347,255Liabilities 2014: $243,434Net Assets 2014: $103,8212014Assets 2015: $362,088Liabilities 2015: $226,949Net Assets 2015: $135,1392015Assets 2016: $348,360Liabilities 2016: $203,944Net Assets 2016: $144,4162016Assets 2017: $339,620Liabilities 2017: $177,339Net Assets 2017: $162,2812017Assets 2018: $346,791Liabilities 2018: $154,509Net Assets 2018: $192,2822018Assets 2019: $342,537Liabilities 2019: $124,401Net Assets 2019: $218,1362019Assets 2020: $353,025Liabilities 2020: $98,151Net Assets 2020: $254,8742020Assets 2021: $368,809Liabilities 2021: $69,016Net Assets 2021: $299,7932021Assets 2022: $384,748Liabilities 2022: $35,781Net Assets 2022: $348,9672022Assets 2023: $375,821Liabilities 2023: $4,746Net Assets 2023: $371,0752023Assets 2024: $441,464Liabilities 2024: $6,047Net Assets 2024: $435,4172024Assets 2025: $448,882Liabilities 2025: $8,199Net Assets 2025: $440,6832025

Highlighted filing

2018

Assets$346,791
Liabilities$154,509
Net Assets$192,282

Operations Trend

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

$200K$150K$100K$50K$0Expenses 2012: $120,6782012Expenses 2013: $143,5262013Revenue 2014: $146,494Expenses 2014: $123,181Net Income 2014: $23,3132014Revenue 2015: $159,191Expenses 2015: $127,873Net Income 2015: $31,3182015Revenue 2016: $156,510Expenses 2016: $147,233Net Income 2016: $9,2772016Revenue 2017: $153,625Expenses 2017: $135,760Net Income 2017: $17,8652017Revenue 2018: $164,190Expenses 2018: $134,189Net Income 2018: $30,0012018Revenue 2019: $169,419Expenses 2019: $143,565Net Income 2019: $25,8542019Revenue 2020: $179,747Expenses 2020: $143,009Net Income 2020: $36,7382020Revenue 2021: $182,810Expenses 2021: $137,891Net Income 2021: $44,9192021Revenue 2022: $181,002Expenses 2022: $131,828Net Income 2022: $49,1742022Revenue 2023: $176,057Expenses 2023: $153,949Net Income 2023: $22,1082023Revenue 2024: $183,235Expenses 2024: $118,893Net Income 2024: $64,3422024Revenue 2025: $176,394Expenses 2025: $171,128Net Income 2025: $5,2662025

Highlighted filing

2018

Revenue$164,190
Expenses$134,189
Net Income$30,001
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 17, 2018
Return Version
2017v2.3
Gross Receipts
$164,190
Mission and Program Overview

Mission

To provide affordable housing for low and moderate-income handicapped individuals.

Meet the needs of disabled persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$175,973$154,402▼ $21,571
Savings and Temporary Cash Investments$118,524$131,063▲ $12,539
Cash and Non-Interest-Bearing Accounts$14,259$22,489▲ $8,230
Accounts Receivable$721$9,587▲ $8,866
Prepaid Expenses and Deferred Charges$497$455▼ $42
Total Assets$339,620$346,791▲ $7,171
Other Assets Total$29,646$28,795▼ $851
Liabilities
Mortgage Notes Payable Secured by Investment Property$171,924$145,484▼ $26,440
Accounts Payable and Accrued Expenses$3,089$6,342▲ $3,253
Escrow Account Liability$2,307$2,683▲ $376
Deferred Revenue$19--
Total Liabilities$177,339$154,509▼ $22,830
Net Assets / Fund Balance
Unrestricted Net Assets$421,346$472,918▲ $51,572
Temporarily Rstr Net Assets$-259,065$-280,636▼ $21,571
Total Net Assets Fund Balance$162,281$192,282▲ $30,001
Total Liabilities and Net Assets / Fund Balance$339,620$346,791▲ $7,171

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$102,879$441,668$544,547
Equipment$18,680$44,429$63,109
Other Land Buildings$735$53,576$54,311
Leasehold Improvements$11,108$31,433$42,541
Land$21,000-$21,000
Other Assets Org$4,043--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Billie G StoudemireChairperson
Jerry C McmanusVice Chairperson
Cherie Ann PorterMember
Gerald BakerMember
Henry a SuggsMember
John a MalloyMember
Kay SpearsMember
Robbie L Robertson SrMember
Mary E DavisSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$114,834
Program Service Revenue
$49,156
Investment Income
$41
Other Revenue
$159
Change in Net Assets
$30,001

Audited Revenue Reconciliation

Revenue per Audited Statements
$164,190
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$164,190
Total Revenue per Form 990
$164,190
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$124,579
Salaries, Compensation, and Employee Benefits$9,610
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$32,307--$32,307
Depreciation Depletion$22,422--$22,422
Office Expenses-$15,598-$15,598
Fees for Services Management-$8,256-$8,256
Interest$7,129--$7,129
Other Salaries and Wages$5,695--$5,695
Other Expenses$4,981$332-$5,313
Fees for Services Accounting-$3,310-$3,310
Payroll Taxes$3,063--$3,063
Insurance$1,065--$1,065
Other Employee Benefits$852--$852
Fees for Services Legal-$32-$32
Total Functional Expenses$98,368$35,821$0$134,189

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$134,189
Total Expenses per Audited Statements$134,189
Total Expenses per Form 990$134,189
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Lobbying 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
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
No
Other officer compensation reviewed
No
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, Section B, Line 11B

A draft of the 990 is reviewed by the chairperson and approved prior to issuance.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Richland North Inc
EIN
57-0678856
Phone
8436239016
Address
POST OFFICE BOX 151, CHESTERFIELD, SC 29709

Signing Officer

Name
Terry Rogers
Title
Executive Director
Phone
8436239016
Signed
2018-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Billie Stoudemire
Formed
1978
Legal Domicile
Sc
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
BURCH OXNER SEALE CO CPA'S PA
Address
PO DRAWER 4707, FLORENCE, SC 29502-4707
Preparer
Tracy S Huggins CPA
Phone
8436693142
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

Tenant security deposits held in trust during occupancy.

PART X, LINE 2:

The project is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, except on net income derived from unrelated business activities. The project does not have any income it considers to be subject to tax on unrelated business income. The project believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0542397
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt041
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt025
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0174
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0237199
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0159
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt061
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0240
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99920
IRS990ScheduleA/PublicSupportPY170Pct00.99950
IRS990ScheduleA/PublicSupportTotal170Amt0542397
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0114834
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0107818
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0110082
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0111688
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt097975
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0542397
IRS990ScheduleA/TotalSupportAmt0542811
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0102879
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0441668
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0544547
IRS990ScheduleD/EquipmentGrp/BookValueAmt018680
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044429
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt063109
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0134189
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt021000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt021000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt011108
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt031433
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt042541
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt024752
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14043
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM SPONSOR
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED FINANCING COSTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0735
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt053576
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt054311
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0164190
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TENANT SECURITY DEPOSITS HELD IN TRUST DURING OCCUPANCY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE PROJECT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE PROJECT DOES NOT HAVE ANY INCOME IT CONSIDERS TO BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. THE PROJECT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0154402
IRS990ScheduleD/TotalBookValueOtherAssetsAmt028795
IRS990ScheduleD/TotalExpensesPerForm990Amt0134189
IRS990ScheduleD/TotalRevenuePerForm990Amt0164190
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0164190
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0134189
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE 990 IS REVIEWED BY THE CHAIRPERSON AND APPROVED PRIOR TO ISSUANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CHESCO SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0570720720
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MENTALLY HANDICAPPED SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0POST OFFICE BOX 151
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHESTERFIELD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd029709
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0-259065
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0-280636
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0339620
IRS990/TotalAssetsEOYAmt0346791
IRS990/TotalAssetsGrp/BOYAmt0339620
IRS990/TotalAssetsGrp/EOYAmt0346791
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0114834
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035821
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt098368
IRS990/TotalFunctionalExpensesGrp/TotalAmt0134189
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0177339
IRS990/TotalLiabilitiesEOYAmt0154509
IRS990/TotalLiabilitiesGrp/BOYAmt0177339
IRS990/TotalLiabilitiesGrp/EOYAmt0154509
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0162281
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0192282
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt098368
IRS990/TotalProgramServiceRevenueAmt049156
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt041
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt049315
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0164190
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

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.$4.49$0.08$4.41$1.76$1.71$0.05
2024Summary only. Only limited summary data is available for this year.$4.41$0.06$4.35$1.83$1.19$0.64
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.76$0.05$3.71$1.76$1.54$0.22
2022Summary only. Only limited summary data is available for this year.$3.85$0.36$3.49$1.81$1.32$0.49
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.69$0.69$3.00$1.83$1.38$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.53$0.98$2.55$1.80$1.43$0.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$1.24$2.18$1.69$1.44$0.26
2018Detailed filing. Detailed filing data is available for this year.$3.47$1.55$1.92$1.64$1.34$0.30
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.40$1.77$1.62$1.54$1.36$0.18
2016Detailed filing. Detailed filing data is available for this year.$3.48$2.04$1.44$1.57$1.47$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.62$2.27$1.35$1.59$1.28$0.31
2014Detailed filing. Detailed filing data is available for this year.$3.47$2.43$1.04$1.46$1.23$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.49$2.69$0.81$1.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$2.88$0.72$1.21