Civic Intelligence

Emerald Forest Com Improvement Association

990EZ • Fiscal year 2021 • EIN 74-2286911

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 07, 2022

Organization Profilewww.efhacs.com
700 University Dr E Ste 108College Station, TX 77840

(979) 703-1819

Siviq Scores

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

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

69th percentile

0.05x

Higher debt load relative to revenue than 69% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Net Margin

23rd percentile

-9.4%

Higher net margin than 23% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Asset Growth

29th percentile

-4.7%

Faster asset growth than 29% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

9.3%

Faster revenue growth than 54% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$271,085

Down $13,437 (-4.7%) from 2020

Net Assets

Down

$262,680

Down $15,192 (-5.5%) from 2020

Liabilities

Up

$8,405

Up $1,755 (+26%) from 2020

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin23rd percentile

Revenue

Up

$161,614

Up $13,814 (+9.3%) from 2020

Expenses

Down

$176,806

Down $7,374 (-4.0%) from 2020

Net Income

Up

-$15,192

Up $21,188 (+58%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$600K$400K$200K$0Assets 2011: $421,720Liabilities 2011: $156,5552011Assets 2012: $432,430Liabilities 2012: $157,5442012Assets 2013: $446,225Liabilities 2013: $156,825Net Assets 2013: $289,4002013Assets 2014: $292,503Liabilities 2014: $2,100Net Assets 2014: $290,4032014Assets 2015: $316,542Liabilities 2015: $1,400Net Assets 2015: $315,1422015Assets 2016: $314,216Liabilities 2016: $2,135Net Assets 2016: $312,0812016Assets 2017: $336,896Liabilities 2017: $7,000Net Assets 2017: $329,8962017Assets 2018: $344,701Liabilities 2018: $5,948Net Assets 2018: $338,7532018Assets 2019: $321,952Liabilities 2019: $7,700Net Assets 2019: $314,2522019Assets 2020: $284,522Liabilities 2020: $6,650Net Assets 2020: $277,8722020Assets 2021: $271,085Liabilities 2021: $8,405Net Assets 2021: $262,6802021Assets 2022: $251,963Liabilities 2022: $16,447Net Assets 2022: $235,5162022Assets 2023: $234,996Liabilities 2023: $15,750Net Assets 2023: $219,2462023Assets 2024: $122,365Net Assets 2024: $02024

Highlighted filing

2021

Assets$271,085
Liabilities$8,405
Net Assets$262,680
Open 2021 Filing

Operations Trend

Revenue Growth54th percentile

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

$200K$100K$0-$100KRevenue 2011: $153,979Expenses 2011: $156,114Net Income 2011: -$2,1352011Revenue 2012: $152,042Expenses 2012: $142,321Net Income 2012: $9,7212012Revenue 2013: $152,712Expenses 2013: $138,198Net Income 2013: $14,5142013Revenue 2014: $149,510Expenses 2014: $148,507Net Income 2014: $1,0032014Revenue 2015: $160,607Expenses 2015: $135,868Net Income 2015: $24,7392015Revenue 2016: $154,689Expenses 2016: $157,750Net Income 2016: -$3,0612016Revenue 2017: $154,591Expenses 2017: $136,776Net Income 2017: $17,8152017Revenue 2018: $149,669Expenses 2018: $140,812Net Income 2018: $8,8572018Revenue 2019: $154,088Expenses 2019: $178,589Net Income 2019: -$24,5012019Revenue 2020: $147,800Expenses 2020: $184,180Net Income 2020: -$36,3802020Revenue 2021: $161,614Expenses 2021: $176,806Net Income 2021: -$15,1922021Revenue 2022: $153,583Expenses 2022: $180,747Net Income 2022: -$27,1642022Revenue 2023: $151,039Expenses 2023: $168,998Net Income 2023: -$17,9592023Revenue 2024: $0Expenses 2024: $3,827Net Income 2024: -$3,8272024

Highlighted filing

2021

Revenue$161,614
Expenses$176,806
Net Income-$15,192
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 7, 2022
Return Version
2021v4.0
Gross Receipts
$161,614
Mission and Program Overview

Mission

Operation of association of homeowners to plan, maintain & direct activities for common facilities and neat & orderly development of subdivision.

Program Services

DescriptionGrantsExpenses
PLAN, MAINTAIN & DIRECT ACTIVITIES FOR COMMON FACILITIES AND PROMOTION OF NEAT AND ORDERLY DEVELOPMENT OF SUBDIVISION.$176,806-
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICIA BURCHFIELDVice President-$0--
CARA PAMPELLSecretary-$0--
DAVID HIGDONPresidentPT$0--
FRANK BUFFATreasurerPT$0--
ROBIN MURPHYDirector-$0--
HOWARD GLUECKDirector-$0--
JASON JAGGERSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Emerald Forest Community Improvement
EIN
74-2286911
Phone
9797031819
Address
700 UNIVERSITY DR E STE 108, COLLEGE STATION, TX 77840

Signing Officer

Name
David Higdon
Title
President
Signed
2022-06-07
Discuss with paid preparer
Yes

Preparer

Firm
Kay Perrone & Associates PC
Address
1716 Briarcrest Dr Suite 203, Bryan, TX 77802
Preparer
Kay Perrone
Phone
9792686000
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $926”

Other Expenses.1002

“Office Expenses $569”

Other Expenses.1009

“Depreciation $4003”

Other Expenses.1012

“Insurance $10591”

Other Expenses.1

“UTILITIES $27251”

Other Expenses.2

“SECURITY $13924”

Other Expenses.3

“JANITORIAL $5022”

Other Expenses.4

“CABLE/INTERNET $1212”

Other Expenses.5

“ANNUAL MEETING $1154”

Other Expenses.7

“MISCELLANEOUS $823”

Other Expenses.8

“SUPPLIES $273”

Other Expenses.9

“HOA TECHNOLOGY $264”

Other Expenses.10

“BANK FEES $67”

Other Expenses.11

“PROPERTY TAXES $2”

Other Assets.1003

“Machinery and Equipment - Beginning $185 Machinery and Equipment - Ending $185”

Total Liabilities.1

“- Beginning $0 - Ending $0”

Raw XML Appendix163 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0LESLIE LANDERS
IRS990EZ/BooksInCareOfDetail/PhoneNum09797031819
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0700 UNIVERSITY DR E STE 108
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0COLLEGE STATION
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0778401848
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0158587
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0142300
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-15192
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt037894
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0284522
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0271085
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0161614
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt015
IRS990EZ/LandAndBuildingsGrp/BOYAmt0125750
IRS990EZ/LandAndBuildingsGrp/EOYAmt0128600
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0161599
IRS990EZ/MethodOfAccountingOtherDesc0MODIFIED CASH
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0277872
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0262680
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0277872
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0262680
IRS990EZ/OccupancyRentUtltsAndMaintAmt071982
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PATRICIA BURCHFIELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CARA PAMPELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAVID HIGDON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3FRANK BUFFA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ROBIN MURPHY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5HOWARD GLUECK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JASON JAGGERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0185
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0185
IRS990EZ/OtherExpensesTotalAmt066081
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0OPERATION OF ASSOCIATION OF HOMEOWNERS TO PLAN, MAINTAIN & DIRECT ACTIVITIES FOR COMMON FACILITIES AND NEAT & ORDERLY DEVELOPMENT OF SUBDIVISION.
IRS990EZ/PrintingPublicationsPostageAmt0849
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PLAN, MAINTAIN & DIRECT ACTIVITIES FOR COMMON FACILITIES AND PROMOTION OF NEAT AND ORDERLY DEVELOPMENT OF SUBDIVISION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0176806
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt06650
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt08405
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0176806
IRS990EZ/TotalProgramServiceExpensesAmt0176806
IRS990EZ/TotalRevenueAmt0161614
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0www.efhacs.com
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $926
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $569
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $4003
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $10591
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UTILITIES $27251
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SECURITY $13924
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6JANITORIAL $5022
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CABLE/INTERNET $1212
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ANNUAL MEETING $1154
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MISCELLANEOUS $823
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10SUPPLIES $273
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11HOA TECHNOLOGY $264
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12BANK FEES $67
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13PROPERTY TAXES $2
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Machinery and Equipment - Beginning $185 Machinery and Equipment - Ending $185
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15- Beginning $0 - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID HIGDON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EMERALD FOREST COMMUNITY IMPROVEMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0EMER
ReturnHeader/Filer/EIN0742286911
ReturnHeader/Filer/PhoneNum09797031819
ReturnHeader/Filer/USAddress/AddressLine1Txt0700 UNIVERSITY DR E STE 108
ReturnHeader/Filer/USAddress/CityNm0COLLEGE STATION
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077840
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271716779
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kay Perrone & Associates PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01716 Briarcrest Dr Suite 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bryan
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077802
ReturnHeader/PreparerPersonGrp/PhoneNum09792686000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KAY PERRONE
ReturnHeader/ReturnTs02022-06-07T11:32:54-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HIGDON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$271,085
Liabilities
$8,405
Net assets
$262,680
Revenue
$161,614
Expenses
$176,806
Net income
-$15,192
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.00$0.00$0.04$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.35$0.16$2.19$1.51$1.69$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.52$0.16$2.36$1.54$1.81$0.27
2021Detailed filing. Detailed filing data is available for this year.$2.71$0.08$2.63$1.62$1.77$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.85$0.07$2.78$1.48$1.84$0.36
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.22$0.08$3.14$1.54$1.79$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.45$0.06$3.39$1.50$1.41$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.37$0.07$3.30$1.55$1.37$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.14$0.02$3.12$1.55$1.58$0.03
2015Detailed filing. Detailed filing data is available for this year.$3.17$0.01$3.15$1.61$1.36$0.25
2014Detailed filing. Detailed filing data is available for this year.$2.93$0.02$2.90$1.50$1.49$0.01
2013Detailed filing. Detailed filing data is available for this year.$4.46$1.57$2.89$1.53$1.38$0.15
2012Summary only. Only limited summary data is available for this year.$4.32$1.58$1.52$1.42$0.10
2011Summary only. Only limited summary data is available for this year.$4.22$1.57$1.54$1.56$0.02