Civic Intelligence

Katie Nues Foundation

990EZ • Fiscal year 2019 • EIN 81-5099894

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 07, 2020

Organization Profilekatienuesfoundation.org
316 Bolero DrDanville, CA 94526

(925) 743-1532

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

63rd percentile

0.01x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

83rd percentile

30%

Higher net margin than 83% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

58th percentile

7.4%

Faster asset growth than 58% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

30th percentile

-13%

Faster revenue growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$175,672

Up $12,034 (+7.4%) from 2018

Net Assets

Up

$175,389

Up $12,189 (+7.5%) from 2018

Liabilities

Down

$283

Down $155 (-35%) from 2018

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin83rd percentile

Revenue

Down

$40,729

Down $6,197 (-13%) from 2018

Expenses

Up

$28,540

Up $23,003 (+415%) from 2018

Net Income

Down

$12,189

Down $29,200 (-71%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

$300K$200K$100K$0Assets 2017: $121,811Liabilities 2017: $0Net Assets 2017: $121,8112017Assets 2018: $163,638Liabilities 2018: $438Net Assets 2018: $163,2002018Assets 2019: $175,672Liabilities 2019: $283Net Assets 2019: $175,3892019Assets 2020: $146,346Liabilities 2020: $0Net Assets 2020: $146,3462020Assets 2021: $171,209Liabilities 2021: $0Net Assets 2021: $171,2092021Assets 2022: $186,215Liabilities 2022: $452Net Assets 2022: $185,7632022Assets 2023: $182,326Liabilities 2023: $1,123Net Assets 2023: $181,2032023Assets 2024: $254,201Liabilities 2024: $4,409Net Assets 2024: $249,7922024

Highlighted filing

2019

Assets$175,672
Liabilities$283
Net Assets$175,389
Open 2019 Filing

Operations Trend

Revenue Growth30th percentile

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

$150K$100K$50K$0-$50KRevenue 2017: $125,576Expenses 2017: $3,765Net Income 2017: $121,8112017Revenue 2018: $46,926Expenses 2018: $5,537Net Income 2018: $41,3892018Revenue 2019: $40,729Expenses 2019: $28,540Net Income 2019: $12,1892019Revenue 2020: $19,726Expenses 2020: $48,769Net Income 2020: -$29,0432020Revenue 2021: $50,515Expenses 2021: $33,060Net Income 2021: $17,4552021Revenue 2022: $133,050Expenses 2022: $119,328Net Income 2022: $13,7222022Revenue 2023: $110,096Expenses 2023: $125,133Net Income 2023: -$15,0372023Revenue 2024: $115,356Expenses 2024: $52,411Net Income 2024: $62,9452024

Highlighted filing

2019

Revenue$40,729
Expenses$28,540
Net Income$12,189
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 7, 2020
Return Version
2019v5.1
Gross Receipts
$70,533
Mission and Program Overview

Mission

The specific purpose of this organization is to improve the clinical and therapeutic care, research and support awareness served by Katie's Clinic for Rett Syndrome

Program Services

DescriptionGrantsExpenses
Program Support:Provided community outreach support publishing, and research projects (Natural History Study & Caregiver Survey)for Katie's Clinic for Rett Syndromebenefitting 200+ patients, patient families, community healthcare providers, schools, & therapy units$0$18,000
Patient Caregiver Education Day: Educational, scientific lectures, workshops, and therapy demonstrationsbenefitting 125 persons$0$3,654
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JESSE NUESPresidentPT$0--
CARRIE DOYLESecretary-$0--
KYLE RYANTreaurer-$0--
Filing and Contact Details

Filer

Filer Name
Katie Nues Foundation
EIN
81-5099894
Phone
9257431532
Address
316 BOLERO DR, DANVILLE, CA 94526

Signing Officer

Name
Jesse Nues Nues
Title
President
Phone
9257431532
Signed
2020-11-07

Preparer

Firm
Raj Lakhotia Accounting and Tax Service
Address
34505 Windflower Lane, Union City, CA 94587
Preparer
Raj lakhotia
Phone
4083917799
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“CLINIC SUPPORT 16769.”

Form 990EZ, Part I, Line 16

“Promotions/marketing 2472.”

Form 990EZ, Part I, Line 16

“ACCOUNTING 650.”

Form 990EZ, Part I, Line 16

“STATE TAX 10.”

Form 990EZ, Part I, Line 16

“Director's education/training 200.”

Form 990EZ, Part I, Line 16

“GIFTS 207.”

Form 990EZ, Part I, Line 16

“PARKING 22.”

Form 990EZ, Part I, Line 16

“Meals - consultants/researchers 2086.”

Form 990EZ, Part I, Line 16

“OFFICE SUPPLIES 213.”

Form 990EZ, Part I, Line 16

“PATIENT EDUCATION 5014.”

Form 990EZ, Part I, Line 16

“Investment advisory fee - personal capital 897.”

Form 990EZ, Part II, Line 24

“Investment -with personal capital 100000. 101088.”

Form 990EZ, Part II, Line 26

“Credit cards bal 438. 283.”

Raw XML Appendix183 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/PersonNm0JESSE NUES
IRS990EZ/BooksInCareOfDetail/PhoneNum09257431532
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0316 BOLERO DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DANVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094526
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt063638
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt074584
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt038297
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt029804
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt012189
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0163638
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0175672
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-196
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt070533
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt02628
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0163200
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0175389
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0163200
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0175389
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JESSE NUES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CARRIE DOYLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KYLE RYAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREAURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0100000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0101088
IRS990EZ/OtherExpensesTotalAmt028540
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The specific purpose of this organization is to improve the clinical and therapeutic care, research and support awareness served by Katie's Clinic for Rett Syndrome
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Program Support:Provided community outreach support publishing, and research projects (Natural History Study & Caregiver Survey)for Katie's Clinic for Rett Syndromebenefitting 200+ patients, patient families, community healthcare providers, schools, & therapy units
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Patient Caregiver Education Day: Educational, scientific lectures, workshops, and therapy demonstrationsbenefitting 125 persons
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt018000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt13654
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt029608
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0438
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0283
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt028540
IRS990EZ/TotalProgramServiceExpensesAmt021654
IRS990EZ/TotalRevenueAmt040729
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://katienuesfoundation.org/
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt038297
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt046926
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0125756
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0210979
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0210979
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt038297
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt046926
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0125756
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0210979
IRS990ScheduleA/TotalSupportAmt0210979
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLINIC SUPPORT 16769.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROMOTIONS/MARKETING 2472.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTING 650.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3STATE TAX 10.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DIRECTOR'S EDUCATION/TRAINING 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GIFTS 207.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PARKING 22.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MEALS - CONSULTANTS/RESEARCHERS 2086.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OFFICE SUPPLIES 213.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PATIENT EDUCATION 5014.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10INVESTMENT ADVISORY FEE - PERSONAL CAPITAL 897.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11INVESTMENT -WITH PERSONAL CAPITAL 100000. 101088.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12CREDIT CARDS BAL 438. 283.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JESSE NUES NUES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09257431532
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KATIE NUES FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0KATI
ReturnHeader/Filer/EIN0815099894
ReturnHeader/Filer/PhoneNum09257431532
ReturnHeader/Filer/USAddress/AddressLine1Txt0316 BOLERO DR
ReturnHeader/Filer/USAddress/CityNm0DANVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094526
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId098C590884AF10FA1DB1914ED4B663DDC769F5601
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId098C590884AF10FA1DB1914ED4B663DDC769F5601
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.15.186.79
ReturnHeader/FilingSecurityInformation/IPDt02020-11-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm019:00:12
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Raj Lakhotia Accounting and Tax Service
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt034505 Windflower Lane
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Union City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094587
ReturnHeader/PreparerPersonGrp/PhoneNum04083917799
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Raj lakhotia
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-11-07T19:00:24-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$175,672
Liabilities
$283
Net assets
$175,389
Revenue
$40,729
Expenses
$28,540
Net income
$12,189
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.54$0.04$2.50$1.15$0.52$0.63
2023Detailed filing. Detailed filing data is available for this year.$1.82$0.01$1.81$1.10$1.25$0.15
2022Detailed filing. Detailed filing data is available for this year.$1.86$0.00$1.86$1.33$1.19$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.71$0.00$1.71$0.51$0.33$0.17
2020Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.20$0.49$0.29
2019Detailed filing. Detailed filing data is available for this year.$1.76$0.00$1.75$0.41$0.29$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.63$0.47$0.06$0.41
2017Detailed filing. Detailed filing data is available for this year.$1.22$0.00$1.22$1.26$0.04$1.22