Civic Intelligence

Ser-Jobs for Progress Inc

EIN 59-1849595 • 501(c)3 • Miami, FL

Profile

Helping government and private agencies to teach and train special groups of persons with limited economic resources, either young or older, in order for for them to acquire the required skills and capabilities to perform selected fields of work or services.

5600 NW 36th Street No 561Miami, FL 33266

www.serflorida.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.51x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

66th percentile

0.20x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

19th percentile

-13%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

8th percentile

-21%

Faster asset growth than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

11th percentile

-28%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$97,417

Down $40,488 (-29%) from 2019

Liabilities

Up

$97,809

Up $2,806 (+3.0%) from 2019

Net Assets

Down

-$392

Down $43,294 (-101%) from 2019

Revenue

Down

$151,716

Down $119,920 (-44%) from 2019

Expenses

Up

$195,011

Up $19,411 (+11%) from 2019

Net Income

Down

-$43,295

Down $139,331 (-145%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2011: $654,155Liabilities 2011: $475,974Net Assets 2011: $178,1812011Assets 2012: $1,078,525Liabilities 2012: $796,195Net Assets 2012: $282,3302012Assets 2013: $895,784Liabilities 2013: $406,706Net Assets 2013: $489,0782013Assets 2014: $771,120Liabilities 2014: $222,944Net Assets 2014: $548,1762014Assets 2015: $1,002,921Liabilities 2015: $354,205Net Assets 2015: $648,7162015Assets 2016: $790,961Liabilities 2016: $399,685Net Assets 2016: $391,2762016Assets 2017: $229,588Liabilities 2017: $455,666Net Assets 2017: -$226,0782017Assets 2018: $198,318Liabilities 2018: $251,451Net Assets 2018: -$53,1322018Assets 2019: $137,905Liabilities 2019: $95,003Net Assets 2019: $42,9022019Assets 2020: $97,417Liabilities 2020: $97,809Net Assets 2020: -$3922020

Highlighted filing

2020

Assets$97,417
Liabilities$97,809
Net Assets-$392

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2011: $3,060,451Expenses 2011: $2,887,864Net Income 2011: $172,5872011Expenses 2012: $3,139,0692012Revenue 2013: $3,606,362Expenses 2013: $3,399,614Net Income 2013: $206,7482013Revenue 2014: $2,850,927Expenses 2014: $2,791,829Net Income 2014: $59,0982014Revenue 2015: $2,735,529Expenses 2015: $2,634,989Net Income 2015: $100,5402015Revenue 2016: $1,975,947Expenses 2016: $2,233,387Net Income 2016: -$257,4402016Revenue 2017: $1,281,987Expenses 2017: $1,748,914Net Income 2017: -$466,9272017Revenue 2018: $432,777Expenses 2018: $259,832Net Income 2018: $172,9452018Revenue 2019: $271,636Expenses 2019: $175,600Net Income 2019: $96,0362019Revenue 2020: $151,716Expenses 2020: $195,011Net Income 2020: -$43,2952020

Highlighted filing

2020

Revenue$151,716
Expenses$195,011
Net Income-$43,295

Filings

Latest Detailed Filing

The latest 2020 filing currently has summary financial data only. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 12, 2017
Return Version
2015v3.0
Gross Receipts
$1,975,947
Mission and Program Overview

Mission

Helping government and private agencies to teach and train special groups of persons with limited economic resources, either young or older, in order for for them to acquire the required skills and capabilities to perform selected fields of work or services.

SEE PART III LINE 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$616,276$351,811▼ $264,465
Land, Buildings, and Equipment, Net$311,546$304,919▼ $6,627
Cash and Non-Interest-Bearing Accounts$44,525$105,458▲ $60,933
Inventories for Sale or Use$5,529$4,222▼ $1,307
Prepaid Expenses and Deferred Charges$3,448$2,954▼ $494
Total Assets$1,002,921$790,961▼ $211,960
Other Assets Total$21,597$21,597→ $0
Liabilities
Accounts Payable and Accrued Expenses$209,960$262,557▲ $52,597
Other Liabilities$141,735$133,185▼ $8,550
Deferred Revenue$2,510$3,943▲ $1,433
Total Liabilities$354,205$399,685▲ $45,480
Net Assets / Fund Balance
Unrestricted Net Assets$648,716$391,276▼ $257,440
Total Net Assets Fund Balance$648,716$391,276▼ $257,440
Total Liabilities and Net Assets / Fund Balance$1,002,921$790,961▼ $211,960

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$304,919$1,749,346$2,054,265
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jose CelaPresident & CEOFT$125,874$125,874

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,975,947
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-257,440

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,975,947
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,975,947
Total Revenue per Form 990
$1,975,947
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,723,436
Other Expenses$509,951
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,110,542--$1,110,542
Current Officers, Directors, Trustees, and Key Employees-$309,254-$309,254
Payroll Taxes$164,267$26,741-$191,008
Other Employee Benefits$96,864$15,768-$112,632
All Other Expenses$81,195$19,756-$100,951
Depreciation Depletion$76,352$12,429-$88,781
Occupancy$53,888$8,773-$62,661
Other Expenses$24,048$3,915-$27,963
Insurance$23,481$3,823-$27,304
Travel$10,323$1,681-$12,004
Interest$7,246$1,180-$8,426
Conferences and Meetings$2,085--$2,085
Total Functional Expenses$1,830,067$403,320$0$2,233,387

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,233,387
Total Expenses per Audited Statements$2,233,387
Total Expenses per Form 990$2,233,387
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lines of Credit$133,185
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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, Part VI, Section A, Line 6

The organization is comprised of members.

Form 990, Part VI, Section A, Line 7A

The board of directors may consist of not less than five and not more than nine elected voting members of which a board determined amount may be from the miami, florida chapters of the national sponsoring organizations league of united latin american citizens and the american g.i. Forum.

Form 990, Part VI, Section B, Line 11

The form 990 is prepared by the organization's independent accountants. It is reviewed and approved by the cfo and president.

Form 990, Part VI, Section B, Line 15

The board of directors is responsible for the oversight of compensation.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Ser-jobs for Progress Inc
EIN
59-1849595
Phone
3058712820
Address
5600 NW 36TH STREET NO 561, MIAMI, FL 33266

Signing Officer

Name
Manuel Cordoba
Title
General Manager
Phone
3058712820
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Manuel Cordoba
Formed
1978
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
4
Volunteers
0

Preparer

Firm
Morrison Brown Argiz & Farra LLC
Address
301 E LAS OLAS BLVD 4TH FLOOR, FORT LAUDERDALE, FL 33301
Preparer
Rick Covert
Phone
9547609000
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

Explanation: there were no changes from prior year

Part XI, Line 3B

The audit is substantially completed and expected to be filed within 30 days.

Financial Statement Notes

PART X, LINE 2:

Ser-jobs recognizes and measures tax positions based on their technical merit and assess the likelihood that the positions will be sustained upon examination based on the facts, circumstances and information available at the end of each period. Interest and penalties on tax liabilities, if any, would be recorded in interest expense and other non-interest expense, respectively. The u.s. Federal jurisdiction and florida are the major tax jurisdictions where the companies file income tax returns. The companies are generally no longer subject to u.s. Federal or state examinations by tax authorities for years before 2012.

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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02735529
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-257440
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01975947
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt051032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0146642
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0197674
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt09826884
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0107
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0113
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0633
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0303
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0141
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01297
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99350
IRS990ScheduleA/PublicSupportPY170Pct00.99730
IRS990ScheduleA/PublicSupportTotal170Amt0197674
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt051032
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0146642
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0197674
IRS990ScheduleA/TotalSupportAmt0198971
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0304919
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01749346
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02054265
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02233387
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0133185
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LINES OF CREDIT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01975947
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SER-JOBS RECOGNIZES AND MEASURES TAX POSITIONS BASED ON THEIR TECHNICAL MERIT AND ASSESS THE LIKELIHOOD THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. INTEREST AND PENALTIES ON TAX LIABILITIES, IF ANY, WOULD BE RECORDED IN INTEREST EXPENSE AND OTHER NON-INTEREST EXPENSE, RESPECTIVELY. THE U.S. FEDERAL JURISDICTION AND FLORIDA ARE THE MAJOR TAX JURISDICTIONS WHERE THE COMPANIES FILE INCOME TAX RETURNS. THE COMPANIES ARE GENERALLY NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2012.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0304919
IRS990ScheduleD/TotalExpensesPerForm990Amt02233387
IRS990ScheduleD/TotalLiabilityAmt0133185
IRS990ScheduleD/TotalRevenuePerForm990Amt01975947
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01975947
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02233387
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS COMPRISED OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS MAY CONSIST OF NOT LESS THAN FIVE AND NOT MORE THAN NINE ELECTED VOTING MEMBERS OF WHICH A BOARD DETERMINED AMOUNT MAY BE FROM THE MIAMI, FLORIDA CHAPTERS OF THE NATIONAL SPONSORING ORGANIZATIONS LEAGUE OF UNITED LATIN AMERICAN CITIZENS AND THE AMERICAN G.I. FORUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS. IT IS REVIEWED AND APPROVED BY THE CFO AND PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EXPLANATION: THERE WERE NO CHANGES FROM PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE AUDIT IS SUBSTANTIALLY COMPLETED AND EXPECTED TO BE FILED WITHIN 30 DAYS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART XI, LINE 3B
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0SER-JOBS FOR PROGRESS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1SER-JOBS FOR PROGRESS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0200651235
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1202090276
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1FL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct11.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0JANITORIAL AND OTHER SERVICES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1MANAGEMENT SERVICES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0GLOBAL SUPPORT SYSTEMS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1SER ONE STOP SOLUTIONS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt05600 NW 36 STREET SUITE 56
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt15600 NW 36 STREET SUITE 56
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0MIAMI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1MIAMI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1FL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd033266
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd133266
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01002921
IRS990/TotalAssetsEOYAmt0790961
IRS990/TotalAssetsGrp/BOYAmt01002921
IRS990/TotalAssetsGrp/EOYAmt0790961
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

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