Civic Intelligence

Hard Bargain Mt. Hope Redevelopment Inc.

990 • Fiscal year 2019 • EIN 83-0411768

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

Organization ProfileWWW.HARDBARGAIN.ORG
PO Box 545Franklin, TN 37065

(615) 591-0504

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.55x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

4.17x

Higher debt load relative to revenue than 95% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

55th percentile

5.2%

Higher net margin than 55% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

58th percentile

$78,030

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 32.3% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

68th percentile

11%

Faster asset growth than 68% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

19th percentile

-13%

Faster revenue growth than 19% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$1,828,525

Up $178,645 (+11%) from 2018

Net Assets

Up

$820,457

Up $177,197 (+28%) from 2018

Liabilities

Up

$1,008,068

Up $1,448 (+0.1%) from 2018

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin55th percentile

Revenue

Down

$241,860

Down $37,529 (-13%) from 2018

Expenses

Up

$229,353

Up $478 (+0.2%) from 2018

Net Income

Down

$12,507

Down $38,007 (-75%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $421,230Liabilities 2011: $162,721Net Assets 2011: $258,5092011Assets 2012: $399,188Liabilities 2012: $87,229Net Assets 2012: $311,9592012Assets 2013: $411,294Liabilities 2013: $96,108Net Assets 2013: $315,1862013Assets 2014: $606,595Liabilities 2014: $225,674Net Assets 2014: $380,9212014Assets 2015: $669,557Liabilities 2015: $60,600Net Assets 2015: $608,9572015Assets 2016: $1,924,284Liabilities 2016: $1,262,126Net Assets 2016: $662,1582016Assets 2017: $1,597,978Liabilities 2017: $1,008,972Net Assets 2017: $589,0062017Assets 2018: $1,649,880Liabilities 2018: $1,006,620Net Assets 2018: $643,2602018Assets 2019: $1,828,525Liabilities 2019: $1,008,068Net Assets 2019: $820,4572019Assets 2020: $1,809,512Liabilities 2020: $1,009,462Net Assets 2020: $800,0502020Assets 2021: $1,741,165Liabilities 2021: $1,009,055Net Assets 2021: $732,1102021Assets 2022: $1,812,865Liabilities 2022: $1,024,680Net Assets 2022: $788,1852022Assets 2023: $1,996,908Liabilities 2023: $1,030,633Net Assets 2023: $966,2752023Assets 2024: $2,126,702Liabilities 2024: $1,032,061Net Assets 2024: $1,094,6412024

Highlighted filing

2019

Assets$1,828,525
Liabilities$1,008,068
Net Assets$820,457
Open 2019 Filing

Operations Trend

Revenue Growth19th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $252,694Expenses 2011: $178,024Net Income 2011: $74,6702011Expenses 2012: $270,8452012Revenue 2013: $207,277Expenses 2013: $204,053Net Income 2013: $3,2242013Revenue 2014: $242,500Expenses 2014: $176,765Net Income 2014: $65,7352014Revenue 2015: $387,141Expenses 2015: $159,105Net Income 2015: $228,0362015Revenue 2016: $196,110Expenses 2016: $155,910Net Income 2016: $40,2002016Revenue 2017: $191,137Expenses 2017: $266,742Net Income 2017: -$75,6052017Revenue 2018: $279,389Expenses 2018: $228,875Net Income 2018: $50,5142018Revenue 2019: $241,860Expenses 2019: $229,353Net Income 2019: $12,5072019Revenue 2020: $268,164Expenses 2020: $288,571Net Income 2020: -$20,4072020Revenue 2021: $258,580Expenses 2021: $326,520Net Income 2021: -$67,9402021Revenue 2022: $590,745Expenses 2022: $534,670Net Income 2022: $56,0752022Revenue 2023: $611,419Expenses 2023: $433,329Net Income 2023: $178,0902023Revenue 2024: $653,423Expenses 2024: $525,057Net Income 2024: $128,3662024

Highlighted filing

2019

Revenue$241,860
Expenses$229,353
Net Income$12,507
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$497,307
Mission and Program Overview

Mission

To impact lives and preserve the hard bargain neighborhood by rehabbing existing homes, building quality affordable housing and enriching the lives of our neighbors.

The mission of hard bargain assiciation is to preserve the historic hard bargain neighborhood by renovating existing homes, building high quality affordable housing, and enriching the lives of our neighbors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,110,168$1,146,367▲ $36,199
Savings and Temporary Cash Investments$201,551$288,144▲ $86,593
Other Notes and Loans Receivable, Net$41$108,354▲ $108,313
Inventories for Sale or Use-$101,625-
Receivable From Disqualified Prsn-$62,192-
Receivables From Officers Etc-$58,059-
Land, Buildings, and Equipment, Net$33,491$54,743▲ $21,252
Accounts Receivable-$8,041-
Prepaid Expenses and Deferred Charges$500$1,000▲ $500
Total Assets$1,649,880$1,828,525▲ $178,645
Other Assets Total$304,129--
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,000,000$1,000,000→ $0
Accounts Payable and Accrued Expenses$6,620$6,068▼ $552
Deferred Revenue-$2,000-
Total Liabilities$1,006,620$1,008,068▲ $1,448
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$623,220$798,257▲ $175,037
Net Assets With Donor Restrictions$20,040$22,200▲ $2,160
Total Net Assets Fund Balance$643,260$820,457▲ $177,197
Total Liabilities and Net Assets / Fund Balance$1,649,880$1,828,525▲ $178,645

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$15,493$44,486$59,979
Land$34,500-$34,500
Equipment$4,750$2,724$7,474
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Brant BousquetExecutive DiFT$78,030$78,030
Pamela Stone Jan - NovTreasurerPT$9,608$9,608

Board Members and Trustees

NameTitle
Denise CarothersPresident
Angela FlemingDirector
David BirchDirector
David CraneDirector
Howard Sonny KeltonDirector
Janet Mayberry WalesDirector
John MurphyDirector
Kat BlackDirector
Mort SteinDirector
Scott RoleyDirector
Tamara ReffegeeDirector
Mirella NeelySecretary
Keith Davis Nov - DecTreasurer
Derrick SolomonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$287,166
Program Service Revenue
$0
Investment Income
$5,063
Other Revenue
$-50,369
All Other Contributions
$170,541
Change in Net Assets
$12,507

Audited Revenue Reconciliation

Revenue per Audited Statements
$241,860
Revenue Not Reported on Form 990
$302,659
Total Revenue per Audited Statements
$544,519
Total Revenue per Form 990
$241,860
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$129,908
Other Expenses$79,671
Total Fundraising Expense$30,028
Grants and Similar Amounts Paid$19,774
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$56,426$11,705$19,506$87,637
Other Salaries and Wages$6,813$25,650$2,089$34,552
Grants to Domestic Individuals$19,114--$19,114
Office Expenses$4,793$1,378$1,842$8,013
Payroll Taxes$3,677$2,561$1,481$7,719
Fees for Services Other-$6,878-$6,878
Depreciation Depletion$5,698$300-$5,998
Travel$4,806-$140$4,946
Insurance$3,559$451$752$4,762
Advertising--$2,942$2,942
Occupancy$1,451$515$467$2,433
Conferences and Meetings--$770$770
Grants to Domestic Orgs$660--$660
Other Expenses$127$6,285$39$127
Total Functional Expenses$143,602$55,723$30,028$229,353

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$532,012
Expenses Not Reported on Form 990$302,659
Expenses per Audited Statements$229,353
Total Expenses per Form 990$229,353
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$17,083
Fundraising Gross Income$7,477
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner$52,792$7,477$2,260$5,217
Total Events$52,792$7,477$16,912$-9,435
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Shawnell Janell GoodlowFamily of BoardHome Sale & Note RecNo$235,276
Derrick SolomonBoard MemberForgiveness on NoteNo$1,750

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$62,192-
Receivables from Officers, Directors, Trustees, and Key Employees-$58,059-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
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, Page 6, Part VI, Line 8B

“The organization does not keep written documentation of committee meetings”

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

“The form 990 is to be reviewed by the controller, executive director and executive committee, which includes the treasurer and the finance committee. The treasurer presents the 990 to the entire board.”

Form 990, Page 6, Part VI, Line 12C

“Officers and directors are required to disclose conflicts of interest. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

Form 990, Page 6, Part VI, Line 15A

“The executive director and other management compensation is subject to review and approval by the board of directors.”

Form 990, Page 6, Part VI, Line 15B

“Other officers and key employees' compensation is subject to review and approval by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Hard Bargain Mt Hope
EIN
83-0411768
Phone
6155910504
Address
PO BOX 545, FRANKLIN, TN 37065
Doing Business As
Hard Bargain Association

Signing Officer

Name
Derrick Solomon
Title
Executive Director
Phone
6155910504
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Derrick Solomon
Formed
2004
Legal Domicile
Tn
Voting Board Members
14
Independent Board Members
11
Employees
3
Volunteers
65

Preparer

Firm
Blankenship CPA Group Pllc
Address
308 E COLLEGE ST, DICKSON, TN 37055
Preparer
Abigail L Campbell CPA
Phone
6154465106
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Cost of home sales 238,325 direct event expenses 17,082 cost of home sales -238,325 direct event expenses -17,082”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization is a not-for-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code except on net income derived from unrelated business activities. Accordingly, no provision for income tax has been made. Us gaap requires the organizations management to evaluate tax positions taken by the organization and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examinations by the irs. Management has analyzed the tax positions of the organization and has concluded that as of december 31, 2019, no uncertain positions are taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions, however, there are currently no audits for any tax periods in progress. The organization is no longer subject to routine audits by taxing jurisdictions for any tax periods before 2016.”

Schedule D, Page 4, Part XI, Line 2D

“Cost of home sales 238,325 direct event expenses 17,082”

Schedule D, Page 4, Part XII, Line 2D

“Cost of home sales 238,325 direct event expenses 17,082”

Raw XML AppendixShowing 400 of 594 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06620
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06068
IRS990/AccountsReceivableGrp/EOYAmt08041
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF HARD BARGAIN ASSICIATION IS TO PRESERVE THE HISTORIC HARD BARGAIN NEIGHBORHOOD BY RENOVATING EXISTING HOMES, BUILDING HIGH QUALITY AFFORDABLE HOUSING, AND ENRICHING THE LIVES OF OUR NEIGHBORS.
IRS990/AdvertisingGrp/FundraisingAmt02942
IRS990/AdvertisingGrp/TotalAmt02942
IRS990/AllOtherContributionsAmt0170541
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0PAMELA STONE JAN - NOV
IRS990/BooksInCareOfDetail/PhoneNum06155910504
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0608 MT HOPE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0FRANKLIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037064
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0true
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt01110168
IRS990/CashNonInterestBearingGrp/EOYAmt01146367
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt019506
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt011705
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt056426
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt087637
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/FundraisingAmt0770
IRS990/ConferencesMeetingsGrp/TotalAmt0770
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt052953
IRS990/CostOfGoodsSoldAmt0238364
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0287166
IRS990/CYGrantsAndSimilarPaidAmt019774
IRS990/CYInvestmentIncomeAmt05063
IRS990/CYOtherExpensesAmt079671
IRS990/CYOtherRevenueAmt0-50369
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt012507
IRS990/CYSalariesCompEmpBnftPaidAmt0129908
IRS990/CYTotalExpensesAmt0229353
IRS990/CYTotalFundraisingExpenseAmt030028
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0241860
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt02000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0300
IRS990/DepreciationDepletionGrp/ProgramServicesAmt05698
IRS990/DepreciationDepletionGrp/TotalAmt05998
IRS990/Desc0PRESERVING THE HISTORIC HARD BARGAIN NEIGHBORHOOD BY RENOVATING EXISTING HOMES, BUILDING HIGH QUALITY AFFORDABLE HOUSING, AND ENRICHIN GTHE LIVES OF ITS NEIGHBORS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0HARD BARGAIN ASSOCIATION
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt020040
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt022200
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0143602
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06878
IRS990/FeesForServicesOtherGrp/TotalAmt06878
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt105.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt128.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt135.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt148.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt158.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0BRANT BOUSQUET
IRS990/Form990PartVIISectionAGrp/PersonNm1PAMELA STONE JAN - NOV
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID BIRCH
IRS990/Form990PartVIISectionAGrp/PersonNm3KAT BLACK
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID CRANE
IRS990/Form990PartVIISectionAGrp/PersonNm5ANGELA FLEMING
IRS990/Form990PartVIISectionAGrp/PersonNm6HOWARD SONNY KELTON
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHN MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm8TAMARA REFFEGEE
IRS990/Form990PartVIISectionAGrp/PersonNm9SCOTT ROLEY
IRS990/Form990PartVIISectionAGrp/PersonNm10MORT STEIN
IRS990/Form990PartVIISectionAGrp/PersonNm11JANET MAYBERRY WALES
IRS990/Form990PartVIISectionAGrp/PersonNm12DENISE CAROTHERS
IRS990/Form990PartVIISectionAGrp/PersonNm13DERRICK SOLOMON
IRS990/Form990PartVIISectionAGrp/PersonNm14KEITH DAVIS NOV - DEC
IRS990/Form990PartVIISectionAGrp/PersonNm15MIRELLA NEELY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt078030
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19608
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt052953
IRS990/FundraisingDirectExpensesAmt017083
IRS990/FundraisingGrossIncomeAmt07477
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt063672
IRS990/GrantAmt019774
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt019114
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt019114
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0660
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0660
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0497307
IRS990/GrossRentsGrp/PersonalAmt0325
IRS990/GrossSalesOfInventoryAmt0197276
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt0752
IRS990/InsuranceGrp/ManagementAndGeneralAmt0451
IRS990/InsuranceGrp/ProgramServicesAmt03559
IRS990/InsuranceGrp/TotalAmt04762
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0101625
IRS990/InvestmentIncomeGrp/ExclusionAmt05063
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05063
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt047210
IRS990/LandBldgEquipBasisNetGrp/BOYAmt033491
IRS990/LandBldgEquipBasisNetGrp/EOYAmt054743
IRS990/LandBldgEquipCostOrOtherBssAmt0101953
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd0true
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF HARD BARGAIN ASSICIATION IS TO PRESERVE THE HISTORIC HARD BARGAIN NEIGHBORHOOD BY RENOVATING EXISTING HOMES, BUILDING HIGH QUALITY AFFORDABLE HOUSING, AND ENRICHING THE LIVES OF OUR NEIGHBORS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01000000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01000000
IRS990/NetAssetsOrFundBalancesBOYAmt0643260
IRS990/NetAssetsOrFundBalancesEOYAmt0820457
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-9606
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-41088
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-41088
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0325
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0325
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0623220
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0798257
IRS990/NoncashContributionsAmt02750
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0467
IRS990/OccupancyGrp/ManagementAndGeneralAmt0515
IRS990/OccupancyGrp/ProgramServicesAmt01451
IRS990/OccupancyGrp/TotalAmt02433
IRS990/OfficeExpensesGrp/FundraisingAmt01842
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01378
IRS990/OfficeExpensesGrp/ProgramServicesAmt04793
IRS990/OfficeExpensesGrp/TotalAmt08013
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0304129
IRS990/OtherExpensesGrp/Desc0REHAB EXPENSE
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2REPAIRS
IRS990/OtherExpensesGrp/Desc3HOPE FUND
IRS990/OtherExpensesGrp/FundraisingAmt039
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06285
IRS990/OtherExpensesGrp/ProgramServicesAmt021552
IRS990/OtherExpensesGrp/ProgramServicesAmt114771
IRS990/OtherExpensesGrp/ProgramServicesAmt2155
IRS990/OtherExpensesGrp/ProgramServicesAmt3127
IRS990/OtherExpensesGrp/TotalAmt021552
IRS990/OtherExpensesGrp/TotalAmt121095
IRS990/OtherExpensesGrp/TotalAmt2155
IRS990/OtherExpensesGrp/TotalAmt3127
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02089
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025650
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06813
IRS990/OtherSalariesAndWagesGrp/TotalAmt034552
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt041
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0108354
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01481
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02561
IRS990/PayrollTaxesGrp/ProgramServicesAmt03677
IRS990/PayrollTaxesGrp/TotalAmt07719
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01000
IRS990/PrincipalOfficerNm0DERRICK SOLOMON
IRS990/PriorPeriodAdjustmentsAmt0164690
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0290595
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0413
IRS990/PYOtherExpensesAmt0101028
IRS990/PYOtherRevenueAmt0-11619
IRS990/PYRevenuesLessExpensesAmt050514
IRS990/PYSalariesCompEmpBnftPaidAmt0127847
IRS990/PYTotalExpensesAmt0228875
IRS990/PYTotalRevenueAmt0279389
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt062192
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt058059
IRS990/ReconcilationRevenueExpnssAmt012507
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt0325
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0201551
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0288144
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0287166
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0290595
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0203739
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0203800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0394574
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01379874
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt024793
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0488
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0161
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0274
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0609
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt026325
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0205078
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93220
IRS990ScheduleA/PublicSupportPY170Pct00.94500
IRS990ScheduleA/PublicSupportTotal170Amt01310926
IRS990ScheduleA/SubstantialContributorsTotAmt068948
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0287166
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0290595
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0203739
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0203800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0394574
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01379874
IRS990ScheduleA/TotalSupportAmt01406199
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt047252
IRS990ScheduleD/DonatedServicesUseFcltsAmt047252
IRS990ScheduleD/EquipmentGrp/BookValueAmt04750
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02724
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07474
IRS990ScheduleD/ExpensesNotReportedAmt0302659
IRS990ScheduleD/ExpensesSubtotalAmt0229353
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt034500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt034500
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt015493
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt044486
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt059979
IRS990ScheduleD/OtherExpensesIncludedAmt0255407
IRS990ScheduleD/OtherRevenueAmt0255407
IRS990ScheduleD/RevenueNotReportedAmt0302659
IRS990ScheduleD/RevenueSubtotalAmt0241860
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. ACCORDINGLY, NO PROVISION FOR INCOME TAX HAS BEEN MADE. US GAAP REQUIRES THE ORGANIZATIONS MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATIONS BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS OF THE ORGANIZATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2019, NO UNCERTAIN POSITIONS ARE TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION IS NO LONGER SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS FOR ANY TAX PERIODS BEFORE 2016.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF HOME SALES 238,325 DIRECT EVENT EXPENSES 17,082
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COST OF HOME SALES 238,325 DIRECT EVENT EXPENSES 17,082
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$1,828,525
Liabilities
$1,008,068
Net assets
$820,457
Revenue
$241,860
Expenses
$229,353
Net income
$12,507
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$1.03$1.09$0.65$0.53$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$1.03$0.97$0.61$0.43$0.18
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$1.02$0.79$0.59$0.53$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$1.01$0.73$0.26$0.33$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$1.01$0.80$0.27$0.29$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.83$1.01$0.82$0.24$0.23$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$1.01$0.64$0.28$0.23$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$1.01$0.59$0.19$0.27$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$1.26$0.66$0.20$0.16$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.06$0.61$0.39$0.16$0.23
2014Detailed filing. Detailed filing data is available for this year.$0.61$0.23$0.38$0.24$0.18$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.41$0.10$0.32$0.21$0.20$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.09$0.31$0.27
2011Summary only. Only limited summary data is available for this year.$0.42$0.16$0.26$0.25$0.18$0.07