Civic Intelligence

Redhill Forest Property Owners Mutual Water and Cattle Association

990 • Fiscal year 2019 • EIN 74-2096373

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 25, 2022

PO Box 129Como, CO 80432

(719) 836-7023

Siviq Scores

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

Liabilities / Assets

89th percentile

0.85x

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

2019 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

92nd percentile

5.87x

Higher debt load relative to revenue than 92% of similar nonprofits.

2019 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2019

Net Margin

25th percentile

-1.9%

Higher net margin than 25% of similar nonprofits.

2019 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2019 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2019

Asset Growth

28th percentile

-1.2%

Faster asset growth than 28% of similar nonprofits.

2019 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

80th percentile

20%

Faster revenue growth than 80% of similar nonprofits.

2019 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Down

$6,262,596

Down $76,884 (-1.2%) from 2018

Net Assets

Down

$970,582

Down $16,716 (-1.7%) from 2018

Liabilities

Down

$5,292,014

Down $60,168 (-1.1%) from 2018

Revenue

Up

$901,847

Up $151,166 (+20%) from 2018

Expenses

Up

$918,563

Up $224,066 (+32%) from 2018

Net Income

Down

-$16,716

Down $72,900 (-130%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,430,243Liabilities 2011: $443,522Net Assets 2011: $986,7212011Assets 2012: $1,571,045Liabilities 2012: $625,942Net Assets 2012: $945,1032012Assets 2013: $1,492,243Liabilities 2013: $541,870Net Assets 2013: $950,3732013Assets 2014: $6,536,658Liabilities 2014: $5,529,095Net Assets 2014: $1,007,5632014Assets 2015: $6,525,059Liabilities 2015: $5,633,844Net Assets 2015: $891,2152015Assets 2016: $6,374,710Liabilities 2016: $5,498,588Net Assets 2016: $876,1222016Assets 2017: $6,348,532Liabilities 2017: $5,417,418Net Assets 2017: $931,1142017Assets 2018: $6,339,480Liabilities 2018: $5,352,182Net Assets 2018: $987,2982018Assets 2019: $6,262,596Liabilities 2019: $5,292,014Net Assets 2019: $970,5822019Assets 2020: $6,387,140Liabilities 2020: $5,343,002Net Assets 2020: $1,044,1382020Assets 2021: $6,421,162Liabilities 2021: $5,167,303Net Assets 2021: $1,253,8592021Assets 2022: $6,474,743Liabilities 2022: $5,097,568Net Assets 2022: $1,377,1752022Assets 2023: $6,472,966Liabilities 2023: $5,005,759Net Assets 2023: $1,467,2072023Assets 2024: $6,473,414Liabilities 2024: $4,937,285Net Assets 2024: $1,536,1292024

Highlighted filing

2019

Assets$6,262,596
Liabilities$5,292,014
Net Assets$970,582

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $674,470Expenses 2011: $356,850Net Income 2011: $317,6202011Revenue 2012: $705,603Expenses 2012: $838,732Net Income 2012: -$133,1292012Revenue 2013: $762,442Expenses 2013: $757,172Net Income 2013: $5,2702013Revenue 2014: $640,153Expenses 2014: $582,963Net Income 2014: $57,1902014Revenue 2015: $680,597Expenses 2015: $796,945Net Income 2015: -$116,3482015Revenue 2016: $741,735Expenses 2016: $756,828Net Income 2016: -$15,0932016Revenue 2017: $718,579Expenses 2017: $663,588Net Income 2017: $54,9912017Revenue 2018: $750,681Expenses 2018: $694,497Net Income 2018: $56,1842018Revenue 2019: $901,847Expenses 2019: $918,563Net Income 2019: -$16,7162019Revenue 2020: $803,679Expenses 2020: $701,461Net Income 2020: $102,2182020Revenue 2021: $841,712Expenses 2021: $813,837Net Income 2021: $27,8752021Revenue 2022: $937,516Expenses 2022: $814,200Net Income 2022: $123,3162022Revenue 2023: $1,068,085Expenses 2023: $978,053Net Income 2023: $90,0322023Revenue 2024: $1,028,894Expenses 2024: $959,972Net Income 2024: $68,9222024

Highlighted filing

2019

Revenue$901,847
Expenses$918,563
Net Income-$16,716
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 25, 2022
Return Version
2019v5.0
Gross Receipts
$901,847
Mission and Program Overview

Mission

Property owners association

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,428,943$5,212,174▼ $216,769
Savings and Temporary Cash Investments$383,101$531,193▲ $148,092
Cash and Non-Interest-Bearing Accounts$284,087$239,012▼ $45,075
Accounts Receivable$201,338$193,653▼ $7,685
Prepaid Expenses and Deferred Charges$13,340$11,393▼ $1,947
Total Assets$6,339,480$6,262,596▼ $76,884
Other Assets Total$28,671$75,171▲ $46,500
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,248,409$5,176,248▼ $72,161
Accounts Payable and Accrued Expenses$86,615$102,677▲ $16,062
Deferred Revenue$17,158$13,089▼ $4,069
Total Liabilities$5,352,182$5,292,014▼ $60,168
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$987,298$970,582▼ $16,716
Total Net Assets Fund Balance$987,298$970,582▼ $16,716
Total Liabilities and Net Assets / Fund Balance$6,339,480$6,262,596▼ $76,884

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,766,239$3,217,151$7,983,390
Leasehold Improvements$263,523$128,747$392,270
Land$130,045-$130,045
Buildings$52,367$35,617$87,984
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tim AuxierPresident
David MazarBoard Member
Ginger DavisBoard Member
Steve WinkelBoard Member
Kerry DonesSecretary
Mike JonesTreasurer
Charles PughVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$856,848
Investment Income
$44,999
Other Revenue
$0
Change in Net Assets
$-16,716

Audited Revenue Reconciliation

Revenue per Audited Statements
$901,847
Total Revenue per Audited Statements
$901,847
Total Revenue per Form 990
$901,847
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$918,563
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$216,769--$216,769
Interest$187,335--$187,335
Fees for Services Other$60,233$69,949-$130,182
Fees for Services Management$40,620--$40,620
Insurance$10,500$9,561-$20,061
Other Expenses$16,901$34,983-$16,901
All Other Expenses$1,506$4,616-$6,122
Total Functional Expenses$799,454$119,109$0$918,563

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$918,563
Total Expenses per Audited Statements$918,563
Total Expenses per Form 990$918,563
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The association is managed by a management company, venture 5, llc.

Form 990, Page 6, Part VI, Line 6

A member is a holder of real property platted as part of redhill forest or those unplatted portions thereof which are planned to be platted.

Form 990, Page 6, Part VI, Line 7A

Election to the board of managers is done by secret written ballot. The members or their proxies may cast, in respect to each vacancy, one vote for each lot owned by that member.

Form 990, Page 6, Part VI, Line 11B

The tax return is submitted to the president, treasurer and board of directors for their review prior to the filing of the return.

Form 990, Page 6, Part VI, Line 19

Documents are posted to the website and are available upon request.

Filing and Contact Details

Filer

Filer Name
Redhill Forest Property Owners
EIN
74-2096373
Phone
7198367023
Address
PO BOX 129, COMO, CO 80432

Signing Officer

Name
David Mazar
Title
Board Member
Phone
7198367023
Signed
2022-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Mazar
Formed
1977
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Jds Professional Group
Address
10303 E DRY CREEK RD STE 400, ENGLEWOOD, CO 80112
Preparer
Lori B Bauer CPA
Phone
3037710123
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees 0 69,949 0 contract labor 60,233 0 0 total 60,233 69,949 0

Financial Statement Notes

Schedule D, Page 3, Part X

The association has previously received notice from the internal revenue service of exemption from income tax under section 501(c)(4) of the internal revenue code except for amounts representing unrelated business income. As of december 31, 2019, the association did not incur any unrelated business income and accordingly no provision was made in the financial statements for income taxes. The association follows accounting for uncertainty in income taxes which requires them to determine whether a tax position (and the related tax benefit) is more likely than not to be sustained upon examination by the applicable taxing authority, based solely on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon settlement, presuming that the tax position is examined by the appropriate taxing authority that has full knowledge of all relevant information. During the years ended december 31, 2019, the association's management evaluated its tax positions to determine the existence of uncertainties, and did not note any matters that would require recognition or which may have an affect on its tax-exempt status.

Raw XML Appendix353 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.

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IRS990ScheduleD/EquipmentGrp/DepreciationAmt03217151
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07983390
IRS990ScheduleD/ExpensesSubtotalAmt0918563
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0130045
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0130045
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0263523
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0128747
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0392270
IRS990ScheduleD/RevenueSubtotalAmt0901847
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS PREVIOUSLY RECEIVED NOTICE FROM THE INTERNAL REVENUE SERVICE OF EXEMPTION FROM INCOME TAX UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE EXCEPT FOR AMOUNTS REPRESENTING UNRELATED BUSINESS INCOME. AS OF DECEMBER 31, 2019, THE ASSOCIATION DID NOT INCUR ANY UNRELATED BUSINESS INCOME AND ACCORDINGLY NO PROVISION WAS MADE IN THE FINANCIAL STATEMENTS FOR INCOME TAXES. THE ASSOCIATION FOLLOWS ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH REQUIRES THEM TO DETERMINE WHETHER A TAX POSITION (AND THE RELATED TAX BENEFIT) IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON SETTLEMENT, PRESUMING THAT THE TAX POSITION IS EXAMINED BY THE APPROPRIATE TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. DURING THE YEARS ENDED DECEMBER 31, 2019, THE ASSOCIATION'S MANAGEMENT EVALUATED ITS TAX POSITIONS TO DETERMINE THE EXISTENCE OF UNCERTAINTIES, AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION OR WHICH MAY HAVE AN AFFECT ON ITS TAX-EXEMPT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05212174
IRS990ScheduleD/TotalExpensesPerForm990Amt0918563
IRS990ScheduleD/TotalRevenuePerForm990Amt0901847
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0901847
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0918563
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS MANAGED BY A MANAGEMENT COMPANY, VENTURE 5, LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A MEMBER IS A HOLDER OF REAL PROPERTY PLATTED AS PART OF REDHILL FOREST OR THOSE UNPLATTED PORTIONS THEREOF WHICH ARE PLANNED TO BE PLATTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ELECTION TO THE BOARD OF MANAGERS IS DONE BY SECRET WRITTEN BALLOT. THE MEMBERS OR THEIR PROXIES MAY CAST, IN RESPECT TO EACH VACANCY, ONE VOTE FOR EACH LOT OWNED BY THAT MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TAX RETURN IS SUBMITTED TO THE PRESIDENT, TREASURER AND BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE POSTED TO THE WEBSITE AND ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROFESSIONAL FEES 0 69,949 0 CONTRACT LABOR 60,233 0 0 TOTAL 60,233 69,949 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06339480
IRS990/TotalAssetsEOYAmt06262596
IRS990/TotalAssetsGrp/BOYAmt06339480
IRS990/TotalAssetsGrp/EOYAmt06262596
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0119109
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0799454
IRS990/TotalFunctionalExpensesGrp/TotalAmt0918563
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05352182
IRS990/TotalLiabilitiesEOYAmt05292014
IRS990/TotalLiabilitiesGrp/BOYAmt05352182
IRS990/TotalLiabilitiesGrp/EOYAmt05292014
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0987298
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0970582
IRS990/TotalProgramServiceExpensesAmt0799454
IRS990/TotalProgramServiceRevenueAmt0856848
IRS990/TotalRevenueGrp/ExclusionAmt044999
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0856848
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0901847
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06339480
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06262596
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 129
IRS990/USAddress/CityNm0COMO
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080432
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0REDHILLFOREST.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID MAZAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum07198367023
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REDHILL FOREST PROPERTY OWNERS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0MUTUAL WATER AND CATTLE ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0REDH
ReturnHeader/Filer/EIN0742096373
ReturnHeader/Filer/PhoneNum07198367023
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 129
ReturnHeader/Filer/USAddress/CityNm0COMO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080432
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208019714
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JDS PROFESSIONAL GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010303 E DRY CREEK RD STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ENGLEWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080112
ReturnHeader/PreparerPersonGrp/PhoneNum03037710123
ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORI B BAUER CPA
ReturnHeader/ReturnTs02022-04-25T10:46:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.47$4.94$1.54$1.03$0.96$0.07
2023Summary only. Only limited summary data is available for this year.$6.47$5.01$1.47$1.07$0.98$0.09
2022Summary only. Only limited summary data is available for this year.$6.47$5.10$1.38$0.94$0.81$0.12
2021Summary only. Only limited summary data is available for this year.$6.42$5.17$1.25$0.84$0.81$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.39$5.34$1.04$0.80$0.70$0.10
2019Detailed filing. Detailed filing data is available for this year.$6.26$5.29$0.97$0.90$0.92$0.02
2018Summary only. Only limited summary data is available for this year.$6.34$5.35$0.99$0.75$0.69$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.35$5.42$0.93$0.72$0.66$0.05
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.37$5.50$0.88$0.74$0.76$0.02
2015Detailed filing. Detailed filing data is available for this year.$6.53$5.63$0.89$0.68$0.80$0.12
2014Detailed filing. Detailed filing data is available for this year.$6.54$5.53$1.01$0.64$0.58$0.06
2013Summary only. Only limited summary data is available for this year.$1.49$0.54$0.95$0.76$0.76$0.01
2012Summary only. Only limited summary data is available for this year.$1.57$0.63$0.95$0.71$0.84$0.13
2011Summary only. Only limited summary data is available for this year.$1.43$0.44$0.99$0.67$0.36$0.32