Civic Intelligence

Martial Arts Academy Inc.

990 • Fiscal year 2010 • EIN 57-0976704

Jan 01, 2010 to Dec 31, 2010 • Filed on Aug 12, 2011

Organization Profile[email protected]
2398 Whiskey Road29803
Siviq Scores

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

Liabilities / Assets

63rd percentile

0.05x

Higher debt load relative to assets than 63% of similar nonprofits.

2010 filings • 501(c)3 • <$500k nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

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

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets63rd percentile

Assets

$129,970

No earlier filing loaded for comparison.

Net Assets

$123,319

No earlier filing loaded for comparison.

Liabilities

$6,651

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

$135,326

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150K$100K$50K$0Assets 2010: $129,970Liabilities 2010: $6,651Net Assets 2010: $123,3192010Assets 2011: $125,133Liabilities 2011: $6,651Net Assets 2011: $118,4822011Assets 2012: $81,364Liabilities 2012: $6,651Net Assets 2012: $74,7132012Assets 2013: $77,704Liabilities 2013: $5,628Net Assets 2013: $72,0762013

Highlighted filing

2010

Assets$129,970
Liabilities$6,651
Net Assets$123,319
Open 2010 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$150K$100K$50K$0-$50KExpenses 2010: $135,3262010Expenses 2011: $147,2282011Expenses 2012: $170,8612012Revenue 2013: $32,402Expenses 2013: $35,038Net Income 2013: -$2,6362013

Highlighted filing

2010

Revenue-
Expenses$135,326
Net Income-
Open 2010 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Aug 12, 2011
Return Version
2010v3.2
Gross Receipts
$125,865
Mission and Program Overview

Mission

Sports & youth development.

Major Activities

Activity 2
To teach the mapps (medicaid adolescent pregnancy prevention) program as outlined by the south carolina department of health & human services. 200 youth were provided services under the curriculum made available by the sc dhhs in 2010. Youth in this program were also directed toward the martial art program where appropriate. Generally 100 kids participate monthly in programs at the martial art academy.
Filing and Contact Details

Filer

EIN
57-0976704
Raw XML Appendix320 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
IRS990/AccountantCompileOrReview0false
IRS990/ActivitiesConductedPartnership0false
IRS990/Activity2/Description0TO TEACH THE MAPPS (MEDICAID ADOLESCENT PREGNANCY PREVENTION) PROGRAM AS OUTLINED BY THE SOUTH CAROLINA DEPARTMENT OF HEALTH & HUMAN SERVICES. 200 YOUTH WERE PROVIDED SERVICES UNDER THE CURRICULUM MADE AVAILABLE BY THE SC DHHS IN 2010. YOUTH IN THIS PROGRAM WERE ALSO DIRECTED TOWARD THE MARTIAL ART PROGRAM WHERE APPROPRIATE. GENERALLY 100 KIDS PARTICIPATE MONTHLY IN PROGRAMS AT THE MARTIAL ART ACADEMY.
IRS990/Activity2/Expense016313
IRS990/Activity2/Grants0147
IRS990/ActivityOrMissionDescription0SPORTS & YOUTH DEVELOPMENT.
IRS990/ActivityOther/Description0TO PROVIDE FACILITIES TO SERVE YOUTH
IRS990/ActivityOther/Expense08680
IRS990/AddressPrincipalOfficerUS/AddressLine102398 WHISKEY ROAD
IRS990/AddressPrincipalOfficerUS/City0AIKEN
IRS990/AddressPrincipalOfficerUS/State0SC
IRS990/AddressPrincipalOfficerUS/ZIPCode029803
IRS990/Advertising/ProgramServices04851
IRS990/Advertising/Total04851
IRS990/AllOtherExpenses/ManagementAndGeneral02064
IRS990/AllOtherExpenses/ProgramServices02538
IRS990/AllOtherExpenses/Total04602
IRS990/BenefitsPaidToMembersCY00
IRS990/BsnssRltnshpThruFamilyMember0false
IRS990/BsnssRltnshpWithOrganization0false
IRS990/CashNonInterestBearing/BOY040839
IRS990/CashNonInterestBearing/EOY041858
IRS990/ChangesToOrganizingDocs0false
IRS990/CollectionsOfArt0false
IRS990/CompensationFromOtherSources0false
IRS990/CompensationProcessCEO0false
IRS990/CompensationProcessOther0false
IRS990/ComplianceWithBackupWitholding0false
IRS990/ConflictOfInterestPolicy0false
IRS990/ConservationEasements0false
IRS990/ConsolidatedAuditFinancialStmt0false
IRS990/ContributionsGrantsCurrentYear0114093
IRS990/ContributionsGrantsPriorYear073113
IRS990/CreditCounseling0false
IRS990/DecisionsSubjectToApproval0false
IRS990/DeductibleContributionsOfArt0false
IRS990/DeductibleNonCashContributions0false
IRS990/DelegationOfManagementDuties0false
IRS990/DepreciationDepletion/ProgramServices03829
IRS990/DepreciationDepletion/Total03829
IRS990/DescribedIn501C30true
IRS990/Description0SPORTS & YOUTH DEVELOPMENT; TO TRAIN YOUTH IN THE MARTIAL ART, TO PREPARE YOUTH TO PARTICIPATE IN MARTIAL ART TOURNAMENTS AND ENABLE THEM TO PARTICIPATE IN ACTUAL TOURNAMENTS. 14 YOUTHS WERE PREPARED FOR AND PARTICIPATED IN 10 TOURNAMENTS IN 2010
IRS990/DisregardedEntity0false
IRS990/DocumentRetentionPolicy0false
IRS990/DonorAdvisedFunds0false
IRS990/ElectionOfBoardMembers0false
IRS990/ExcessBenefitTransaction0false
IRS990/Expense0101799
IRS990/FamilyOrBusinessRelationship0false
IRS990/FeesForServicesAccounting/ManagementAndGeneral0470
IRS990/FeesForServicesAccounting/Total0470
IRS990/FeesForServicesLegal/ManagementAndGeneral06000
IRS990/FeesForServicesLegal/Total06000
IRS990/FollowSFAS1170X
IRS990/ForeignActivities0false
IRS990/ForeignFinancialAccount0false
IRS990/ForeignOffice0false
IRS990/Form990PartVIISectionA/AverageHoursPerWeek026.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek126.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek21.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/NamePerson0ANDREW BLOCKER
IRS990/Form990PartVIISectionA/NamePerson1YOLANDA BENNETT
IRS990/Form990PartVIISectionA/NamePerson2RONNIE YOUNG
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/Title0COACH/DIRECT
IRS990/Form990PartVIISectionA/Title1COACH/DIRECT
IRS990/Form990PartVIISectionA/Title2ADVISOR COMM
IRS990/Form990ProvidedToGoverningBody0false
IRS990/FormersListed0false
IRS990/FSAudited0false
IRS990/FundraisingActivities0false
IRS990/Gaming0false
IRS990/GovernmentGrants0114093
IRS990/GrantsAndSimilarAmntsCY0147
IRS990/GrantsAndSimilarAmntsPriorYear01390
IRS990/GrantsToDomesticOrgs/ProgramServices0147
IRS990/GrantsToDomesticOrgs/Total0147
IRS990/GrantsToIndividuals0false
IRS990/GrantsToOrganizations0false
IRS990/GrantToRelatedPerson0false
IRS990/GrossReceipts0125865
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
IRS990/IndependentAuditFinancialStmt0false
IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InformationTechnology/ProgramServices05166
IRS990/InformationTechnology/Total05166
IRS990/Insurance/ProgramServices013293
IRS990/Insurance/Total013293
IRS990/InvestmentIncomeCurrentYear00
IRS990/InvestmentInJointVenture0false
IRS990/LandBldgEquipmentAccumDeprec074261
IRS990/LandBuildingsEquipmentBasis0119823
IRS990/LandBuildingsEquipmentBasisNet/BOY049391
IRS990/LandBuildingsEquipmentBasisNet/EOY045562
IRS990/LoanToOfficerOrDQP0false
IRS990/LobbyingActivities0false
IRS990/LocalChapters0false
IRS990/MaterialDiversionOrMisuse0false
IRS990/MembersOrStockholders0false
IRS990/MethodOfAccountingCash0X
IRS990/MinutesOfCommittees0true
IRS990/MinutesOfGoverningBody0true
IRS990/MissionDescription0SPORTS & YOUTH DEVELOPMENT.
IRS990/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/NameOfPrincipalOfficerPerson0YOLANDA BENNETT
IRS990/NbrIndependentVotingMembers00
IRS990/NbrVotingGoverningBodyMembers03
IRS990/NbrVotingMembersGoverningBody03
IRS990/NetAssetsOrFundBalancesBOY0132780
IRS990/NetAssetsOrFundBalancesEOY0123319
IRS990/NoListedPersonsCompensated0X
IRS990/NonDeductibleContributions0false
IRS990/NumberFormsTransmittedWith109600
IRS990/NumberIndependentVotingMembers00
IRS990/NumberOfEmployees00
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ProgramServices030414
IRS990/Occupancy/Total030414
IRS990/OfficerEntityWithBsnssRltnshp0false
IRS990/OfficerMailingAddress0false
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY042550
IRS990/OtherAssetsTotal/EOY042550
IRS990/OtherExpensePriorYear0184861
IRS990/OtherExpensesCurrentYear0135179
IRS990/OtherExpenses/Description0TRAVEL/COMPETITION/COACH
IRS990/OtherExpenses/Description1TRAINING & DEVELOPM
IRS990/OtherExpenses/Description2TEMPORARY ASSISTANTS
IRS990/OtherExpenses/Description3REPAIRS
IRS990/OtherExpenses/Description4MARTIAL ART EQUIPMENT
IRS990/OtherExpenses/ProgramServices044811
IRS990/OtherExpenses/ProgramServices110166
IRS990/OtherExpenses/ProgramServices26000
IRS990/OtherExpenses/ProgramServices33444
IRS990/OtherExpenses/ProgramServices42133
IRS990/OtherExpenses/Total044811
IRS990/OtherExpenses/Total110166
IRS990/OtherExpenses/Total26000
IRS990/OtherExpenses/Total33444
IRS990/OtherExpenses/Total42133
IRS990/OtherLiabilities/EOY06651
IRS990/OtherRevenueCurrentYear00
IRS990/PartialLiquidation0false
IRS990/PoliticalActivities0false
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenueCY011772
IRS990/ProgramServiceRevenue/Description0PROGRAM MEMBERSHIPS
IRS990/ProgramServiceRevenuePriorYear07543
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome011772
IRS990/ProgramServiceRevenue/TotalRevenueColumn011772
IRS990/ProhibitedTaxShelterTrans0false
IRS990/ReconcilationRevenueExpenses0-9461
IRS990/RelatedEntity0false
IRS990/RelatedOrgControlledEntity0false
IRS990/ReportFin48Footnote0false
IRS990/ReportInvestOthSecurities0false
IRS990/ReportLandBldgEquip0true
IRS990/ReportOtherAssets0true
IRS990/ReportOtherLiabilities0true
IRS990/ReportProgRelInvest0false
IRS990/RevenuesLessExpensesCY0-9461
IRS990/RevenuesLessExpensesPriorYear0-105595
IRS990/SalariesEtcCurrentYear00
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear0125865
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year080656
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years0387956
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years0214644
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years063424
IRS990ScheduleA/GiftsGrantsContribReceived170/Total0872545
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc011772
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17001.00000
IRS990ScheduleA/PublicSupportPertcentPriorYear01.00000
IRS990ScheduleA/PublicSupportTotal1700872545
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear0125865
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year080656
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years0387956
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years0214644
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years063424
IRS990ScheduleA/Total170/Total0872545
IRS990ScheduleA/TotalSupport0872545
IRS990/ScheduleBRequired0false
IRS990ScheduleD/AgentTrusteeEtc0false
IRS990ScheduleD/AreRelatedOrgsListedScheduleR0false
IRS990ScheduleD/DisclosedForCharitablePurposes0false
IRS990ScheduleD/DisclosedOrgsLegalControl0false
IRS990ScheduleD/EndowmentsHeldByRelatedOrgs0false
IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs0false
IRS990ScheduleD/Equipment/BookValue012000
IRS990ScheduleD/Equipment/Depreciation04000
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis016000
IRS990ScheduleD/IncludedOnFS0false
IRS990ScheduleD/LeaseholdImprovements/BookValue032090
IRS990ScheduleD/LeaseholdImprovements/Depreciation0990
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis033080
IRS990ScheduleD/OtherAssets/BookValue042550
IRS990ScheduleD/OtherAssets/Description0DEPOSIT ON LAND FOR NEW BUILDING
IRS990ScheduleD/OtherLandBuildings/BookValue01472
IRS990ScheduleD/OtherLandBuildings/Depreciation069271
IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis070743
IRS990ScheduleD/OtherLiabilities/Amount06651
IRS990ScheduleD/OtherLiabilities/Description0LOAN FROM DIRECTOR
IRS990ScheduleD/Sect170hRequirementsSatisfied0false
IRS990ScheduleD/SolicitedAssetsForSale0false
IRS990ScheduleD/TotalBookValueOtherAssets042550
IRS990ScheduleD/TotalOfAmounts06651
IRS990ScheduleD/TotalOfBookValueLandBuildings045562
IRS990ScheduleD/WrittenPolicyMonitoring0false
IRS990/ScheduleJRequired0false
IRS990ScheduleO/GeneralExplanation/Explanation0TO PROVIDE FACILITIES TO SERVE YOUTH
IRS990ScheduleO/GeneralExplanation/Explanation1NO FORMAL REVIEW. SIMPLE RETURN PREPARED BY A CPA
IRS990ScheduleO/GeneralExplanation/Explanation2UPON REQUEST
IRS990ScheduleO/GeneralExplanation/Identifier0ALL OTHER ACHIEVEMENTS DESCRIPTION
IRS990ScheduleO/GeneralExplanation/Identifier1ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier2GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/ScheduleORequired0true
IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/SubjectToProxyTax0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine102398 WHISKEY ROAD
IRS990/TheBooksAreInCareOf/AddressUS/City0AIKEN
IRS990/TheBooksAreInCareOf/AddressUS/State0SC
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode029803
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10MARTIAL ART ACADEM
IRS990/TheBooksAreInCareOf/TelephoneNumber08036425723
IRS990/TotalAssets/BOY0132780
IRS990/TotalAssetsBOY0132780
IRS990/TotalAssets/EOY0129970
IRS990/TotalAssetsEOY0129970
IRS990/TotalCompGT150K0false
IRS990/TotalContributions0114093
IRS990/TotalExpensesCurrentYear0135326
IRS990/TotalExpensesPriorYear0186251
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral08534
IRS990/TotalFunctionalExpenses/ProgramServices0126792
IRS990/TotalFunctionalExpenses/Total0135326
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY00
IRS990/TotalLiabilities/EOY06651
IRS990/TotalLiabilitiesEOY06651
IRS990/TotalLiabNetAssetsFundBalances/BOY0132780
IRS990/TotalLiabNetAssetsFundBalances/EOY0129970
IRS990/TotalNbrEmployees00
IRS990/TotalNbrVolunteers010
IRS990/TotalNetAssetsFundBalances/BOY0132780
IRS990/TotalNetAssetsFundBalances/EOY0123319
IRS990/TotalOfOtherProgramServiceExp08680
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceExpense0126792
IRS990/TotalProgramServiceRevenue011772
IRS990/TotalRevenueCurrentYear0125865
IRS990/TotalRevenuePriorYear080656
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome011772
IRS990/TotalRevenue/TotalRevenueColumn0125865
IRS990/TransactionRelatedEntity0false
IRS990/TransfersToExemptNonChrtblOrg0false
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0false
IRS990/UnrestrictedNetAssets/BOY0132780
IRS990/UnrestrictedNetAssets/EOY0123319
IRS990/UponRequest0X
IRS990/WebSite0[email protected]
IRS990/WhistleblowerPolicy0false
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0570976704
ReturnHeader/Filer/Name/BusinessNameLine10MARTIAL ART ACADEMY
ReturnHeader/Filer/NameControl0MART
ReturnHeader/Filer/Phone08036425723
ReturnHeader/Filer/USAddress/AddressLine102398 WHISKEY ROAD
ReturnHeader/Filer/USAddress/City0AIKEN
ReturnHeader/Filer/USAddress/State0SC
ReturnHeader/Filer/USAddress/ZIPCode029803
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02011-08-12
ReturnHeader/Officer/Name0YOLANDA BENNETT
ReturnHeader/Officer/Phone08036425723
ReturnHeader/Officer/Title0DIRECTOR
ReturnHeader/Preparer/DatePrepared02011-08-11
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10RHODEN CPA FIRM
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10808 GREENE STREET SUITE 201
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0AUGUSTA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0GA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0309010220
ReturnHeader/Preparer/Name0MARCY NOLL-RIECHMAN
ReturnHeader/Preparer/Phone07067247979
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02010-01-01
ReturnHeader/TaxPeriodEndDate02010-12-31
ReturnHeader/TaxYear02010
ReturnHeader/Timestamp02011-08-11T13:49:20-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2010 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$129,970
Liabilities
$6,651
Net assets
$123,319
Revenue
-
Expenses
$135,326
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2013Detailed filing. Detailed filing data is available for this year.$0.78$0.06$0.72$0.32$0.35$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.07$0.75$1.71
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.07$1.18$1.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.07$1.23$1.35