Civic Intelligence

Liberty Ridge Elementary PTA

990EZ • Fiscal year 2013 • EIN 71-0944972

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 22, 2013

11395 Eagle View BlvdWoodbury, MN 55129
Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

34th percentile

-3.3%

Higher net margin than 34% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

20th percentile

-20%

Faster asset growth than 20% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

80th percentile

34%

Faster revenue growth than 80% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Down

$12,719

Down $3,148 (-20%) from 2012

Net Assets

Down

$12,719

Down $3,148 (-20%) from 2012

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$94,688

Up $24,186 (+34%) from 2012

Expenses

Up

$97,836

Up $19,176 (+24%) from 2012

Net Income

Up

-$3,148

Up $5,010 (+61%) from 2012

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $24,025Net Assets 2011: $24,0252011Assets 2012: $15,867Net Assets 2012: $15,8672012Assets 2013: $12,719Liabilities 2013: $0Net Assets 2013: $12,7192013Assets 2014: $15,197Liabilities 2014: $0Net Assets 2014: $15,1972014Assets 2015: $31,629Liabilities 2015: $0Net Assets 2015: $31,6292015Assets 2016: $35,176Liabilities 2016: $0Net Assets 2016: $35,1762016Assets 2017: $44,950Liabilities 2017: $0Net Assets 2017: $44,9502017Assets 2018: $54,241Liabilities 2018: $0Net Assets 2018: $54,2412018Assets 2019: $35,796Liabilities 2019: $0Net Assets 2019: $35,7962019Assets 2020: $39,209Liabilities 2020: $0Net Assets 2020: $39,2092020Assets 2021: $34,676Liabilities 2021: $0Net Assets 2021: $34,6762021Assets 2022: $65,465Liabilities 2022: $0Net Assets 2022: $65,4652022Assets 2023: $44,109Liabilities 2023: $0Net Assets 2023: $44,1092023Assets 2024: $44,115Liabilities 2024: $0Net Assets 2024: $44,1152024Assets 2025: $34,085Net Assets 2025: $34,0852025

Highlighted filing

2013

Assets$12,719
Liabilities$0
Net Assets$12,719

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $80,521Expenses 2011: $72,082Net Income 2011: $8,4392011Revenue 2012: $70,502Expenses 2012: $78,660Net Income 2012: -$8,1582012Revenue 2013: $94,688Expenses 2013: $97,836Net Income 2013: -$3,1482013Revenue 2014: $109,505Expenses 2014: $107,027Net Income 2014: $2,4782014Revenue 2015: $133,052Expenses 2015: $116,620Net Income 2015: $16,4322015Revenue 2016: $126,439Expenses 2016: $122,892Net Income 2016: $3,5472016Revenue 2017: $117,674Expenses 2017: $107,900Net Income 2017: $9,7742017Revenue 2018: $91,640Expenses 2018: $82,349Net Income 2018: $9,2912018Revenue 2019: $74,174Expenses 2019: $92,619Net Income 2019: -$18,4452019Revenue 2020: $74,678Expenses 2020: $71,265Net Income 2020: $3,4132020Revenue 2021: $12,150Expenses 2021: $16,683Net Income 2021: -$4,5332021Revenue 2022: $83,007Expenses 2022: $52,218Net Income 2022: $30,7892022Revenue 2023: $84,653Expenses 2023: $106,009Net Income 2023: -$21,3562023Revenue 2024: $90,456Expenses 2024: $90,450Net Income 2024: $62024Revenue 2025: $77,592Expenses 2025: $87,622Net Income 2025: -$10,0302025

Highlighted filing

2013

Revenue$94,688
Expenses$97,836
Net Income-$3,148
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Nov 22, 2013
Return Version
2012v2.3
Mission and Program Overview

Mission

Provide support for liberty ridge elementary school's 1,050 students grades kindergarten through 5th and their teachers

Filing and Contact Details

Filer

EIN
71-0944972
Raw XML Appendix201 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
CompensationExplanation/Compensation/PersonName0ANDREA BACKLUND
CompensationExplanation/Compensation/PersonName1JENNIFER POGATCHNIK
CompensationExplanation/Compensation/PersonName2ALISON GOODWIN
CompensationExplanation/Compensation/PersonName3COREY STEPHAN
CompensationExplanation/Compensation/PersonName4CARIN ADAMS
CompensationExplanation/Compensation/PersonName5AMBER ELLINGSON
CompensationExplanation/Compensation/PersonName6KATIE TANABE
CompensationExplanation/Compensation/PersonName7PAM RYAN
IRS990EZ/ActivitiesNotPreviouslyRpt0false
IRS990EZ/CashSavingsAndInvestments/BOY015867
IRS990EZ/CashSavingsAndInvestments/EOY012719
IRS990EZ/ContributionsGiftsGrantsEtc020270
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/EngageInLobbyingActivities0false
IRS990EZ/EngagePoliticalCmpgnActivities0false
IRS990EZ/ExcessOrDeficitForYear0-3148
IRS990EZ/FeesAndOthPymtToIndContractors0920
IRS990EZ/FiledScheduleA0true
IRS990EZ/ForeignFinancialAccount0false
IRS990EZ/ForeignOffice0false
IRS990EZ/FundraisingGrossIncome0131178
IRS990EZ/GrossReceipts0151463
IRS990EZ/InfoInScheduleOPartI0X
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IRS990EZ/InvestmentIncome015
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IRS990EZ/MadeLoansToFromOfficers0false
IRS990EZ/MaintainAnyDonorAdvisedFunds0false
IRS990EZ/MethodOfAccountingCash0X
IRS990EZ/NetAssetsOrFundBalances/BOY015867
IRS990EZ/NetAssetsOrFundBalancesBOY015867
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition05.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition15.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition26.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition35.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition45.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition55.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition66.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition75.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation50
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation60
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation70
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0ANDREA BACKLUND
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1JENNIFER POGATCHNIK
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2ALISON GOODWIN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3COREY STEPHAN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4CARIN ADAMS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName5AMBER ELLINGSON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName6KATIE TANABE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName7PAM RYAN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1CO-VICE-PRES
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2CO-TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3CO-VICE PRES
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4CO-SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title5CO-SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title6CO-TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title7TEACHER REP
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherExpensesTotal095056
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0PROVIDE SUPPORT FOR LIBERTY RIDGE ELEMENTARY SCHOOL'S 954 STUDENTS GRADES KINDERGARTEN THROUGH 5TH AND THEIR TEACHERS
IRS990EZ/PrintingPublicationsPostage01860
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0PROVIDE EDUCATIONAL AND ENRICHMENT PROGRAMS AND LYCEUMS FOR THE 954 STUDENTS OF THE SCHOOL
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom1PROVIDE ENRICHMENT IN FINE ARTS AND EDUCATION FOR THE 954 STUDENTS OF THE SCHOOL
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom2PROVIDE SAFETY AND HEALTH SUPPORT FOR THE STUDENTS AND PROVIDE EQUIPMENT FOR THE SCHOOL
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom3PROVIDE STAFF AND VOLUNTEER APPRECIATION AND RECOGNITION FOR SERVICE TO THE STUDENTS OF LIBERTY RIDGE ELEMENTARY
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses024199
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses126323
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses232091
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses38691
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/ScheduleBNotRequired0X
IRS990EZ/SpecialEventsDirectExpenses056775
IRS990EZ/SpecialEventsNetIncomeLoss074403
IRS990EZ/StatesWhereCopyOfReturnIsFiled0MN
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1011395 EAGLE VIEW BLVD
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0WOODBURY
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0MN
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode055129
IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10LIBERTY RIDGE PTA
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber06517685901
IRS990EZ/TotalAssets/BOY015867
IRS990EZ/TotalAssets/EOY012719
IRS990EZ/TotalExpenses097836
IRS990EZ/TotalProgramServiceExpenses091304
IRS990EZ/TotalRevenue094688
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990EZ/WebSite0LIBERTYRIDGEPTA.ORG
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear020270
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year011905
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years015014
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years06198
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years011286
IRS990ScheduleA/GiftsGrantsContribReceived509/Total064673
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYear015
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus1Year034
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years079
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus3Years0138
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years0273
IRS990ScheduleA/GrossInvestmentIncome509/Total0539
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear0131178
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year0132761
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years0129017
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years0120746
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years0120574
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total0634276
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYear015
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus1Year034
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years079
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years0138
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years0273
IRS990ScheduleA/InvestmentIncomeAndUBTI/Total0539
IRS990ScheduleA/InvestmentIncomePercentage00.00000
IRS990ScheduleA/PriorYearSupportPercentage00.99860
IRS990ScheduleA/PubliclySupportedOrg509a20X
IRS990ScheduleA/PublicSupportPercentage50900.99920
IRS990ScheduleA/PublicSupportTotal5090698949
IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
IRS990ScheduleA/Total509/CurrentTaxYear0151448
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year0144666
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years0144031
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years0126944
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years0131860
IRS990ScheduleA/Total509/Total0698949
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear0151463
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year0144700
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years0144110
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years0127082
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years0132133
IRS990ScheduleA/TotalSupportTotal/Total0699488
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents056775
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent1046443
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent2040726
IRS990ScheduleG/EventsInformation/GrossReceiptsOtherEvents044009
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal0131178
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1046443
IRS990ScheduleG/EventsInformation/GrossRevenueEvent2040726
IRS990ScheduleG/EventsInformation/GrossRevenueOtherEvents044009
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents0131178
IRS990ScheduleG/EventsInformation/NameOfEvent10FALL FUNDRAISER
IRS990ScheduleG/EventsInformation/NameOfEvent20SOCIAL EVENTS
IRS990ScheduleG/EventsInformation/NetIncomeSummary074403
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent1025113
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent209785
IRS990ScheduleG/EventsInformation/OtherDirectExpensesOtherEvents021877
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents056775
IRS990ScheduleG/EventsInformation/TotalNumberOfOtherEvents03
IRS990ScheduleO/GeneralExplanation/Explanation0PROGRAM SERVICE OFFICE 1,375 ADMIN-BANK FEES 2,377 ENRICHMENT MATERIALS 27,199 EXP STUDENT/TEACHER 26,322 HEALTH AND SAFETY 594 SCHOOL GROUNDS 6,801 STAFF/VOLUNT APPRECIATE 2,908 TECHNOLOGY 27,480 TOTAL 95,056
IRS990ScheduleO/GeneralExplanation/Explanation1PROVIDE SUPPORT FOR LIBERTY RIDGE ELEMENTARY SCHOOL'S 954 STUDENTS GRADES KINDERGARTEN THROUGH 5TH AND THEIR TEACHERS
IRS990ScheduleO/GeneralExplanation/Explanation2PROVIDE STAFF AND VOLUNTEER APPRECIATION AND RECOGNITION FOR SERVICE TO THE STUDENTS OF LIBERTY RIDGE ELEMENTARY
IRS990ScheduleO/GeneralExplanation/Identifier0OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier1PRIMARY EXEMPT PURPOSE
IRS990ScheduleO/GeneralExplanation/Identifier2ALL OTHER ACCOMPLISHMENT
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990-EZ, PART III
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/Filer/EIN0710944972
ReturnHeader/Filer/Name/BusinessNameLine10LIBERTY RIDGE ELEMENTARY PTA
ReturnHeader/Filer/NameControl0LIBE
ReturnHeader/Filer/Phone06517685901
ReturnHeader/Filer/USAddress/AddressLine1011395 EAGLE VIEW BLVD
ReturnHeader/Filer/USAddress/City0WOODBURY
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode055129
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-11-22
ReturnHeader/Officer/Name0KATIE TANABE
ReturnHeader/Officer/Phone06517685901
ReturnHeader/Officer/Title0CO-TREASURER
ReturnHeader/Preparer/DatePrepared02013-11-18
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10STENSETH SAMUELSON & BOESE LTD
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10563 BIELENBERG DR STE 205
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0WOODBURY
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0MN
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0551254427
ReturnHeader/Preparer/Name0LAUREL M BOESE CPA
ReturnHeader/Preparer/Phone06517391000
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-07-01
ReturnHeader/TaxPeriodEndDate02013-06-30
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-11-22T13:03:34-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.34$0.34$0.78$0.88$0.10
2024Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.90$0.90$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.85$1.06$0.21
2022Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.83$0.52$0.31
2021Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.12$0.17$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.75$0.71$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$0.74$0.93$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.92$0.82$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$1.18$1.08$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$1.26$1.23$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$1.33$1.17$0.16
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$1.10$1.07$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.00$0.13$0.95$0.98$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.16$0.71$0.79$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.24$0.81$0.72$0.08