Civic Intelligence

Jefferson County Economic Development Corporation

990 • Fiscal year 2017 • EIN 84-0447505

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 07, 2018

1667 Cole Boulevard Rm/Ste 400Golden, CO 80401-3313

(303) 202-2965

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

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

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

9th percentile

0.00x

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

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

66th percentile

7.9%

Higher net margin than 66% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

87th percentile

27%

Faster asset growth than 87% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

15th percentile

-8.5%

Faster revenue growth than 15% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$379,438

Up $79,668 (+27%) from 2016

Net Assets

Up

$379,438

Up $80,653 (+27%) from 2016

Liabilities

Down

$0

Down $985 (-100%) from 2016

Revenue

Down

$1,018,338

Down $94,837 (-8.5%) from 2016

Expenses

Down

$937,685

Down $306,008 (-25%) from 2016

Net Income

Up

$80,653

Up $211,171 (+162%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $667,265Liabilities 2011: $3,630Net Assets 2011: $663,6352011Assets 2012: $288,102Liabilities 2012: $0Net Assets 2012: $288,1022012Assets 2013: $193,529Liabilities 2013: $442Net Assets 2013: $193,0872013Assets 2014: $414,860Liabilities 2014: $11,741Net Assets 2014: $403,1192014Assets 2015: $431,293Liabilities 2015: $1,990Net Assets 2015: $429,3032015Assets 2016: $299,770Liabilities 2016: $985Net Assets 2016: $298,7852016Assets 2017: $379,438Liabilities 2017: $0Net Assets 2017: $379,4382017Assets 2018: $455,893Liabilities 2018: $0Net Assets 2018: $455,8932018Assets 2019: $571,541Liabilities 2019: $0Net Assets 2019: $571,5412019Assets 2020: $646,555Liabilities 2020: $0Net Assets 2020: $646,5552020Assets 2021: $667,192Liabilities 2021: $0Net Assets 2021: $667,1922021Assets 2022: $552,961Liabilities 2022: $14,258Net Assets 2022: $538,7032022Assets 2023: $494,597Liabilities 2023: $21,621Net Assets 2023: $472,9762023Assets 2024: $379,645Liabilities 2024: $14,193Net Assets 2024: $365,4522024

Highlighted filing

2017

Assets$379,438
Liabilities$0
Net Assets$379,438

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $815,1432011Expenses 2012: $1,028,6922012Revenue 2013: $903,150Expenses 2013: $998,165Net Income 2013: -$95,0152013Revenue 2014: $1,057,439Expenses 2014: $847,407Net Income 2014: $210,0322014Revenue 2015: $1,072,634Expenses 2015: $1,046,450Net Income 2015: $26,1842015Revenue 2016: $1,113,175Expenses 2016: $1,243,693Net Income 2016: -$130,5182016Revenue 2017: $1,018,338Expenses 2017: $937,685Net Income 2017: $80,6532017Revenue 2018: $1,109,644Expenses 2018: $1,033,189Net Income 2018: $76,4552018Revenue 2019: $1,157,827Expenses 2019: $1,042,179Net Income 2019: $115,6482019Revenue 2020: $922,193Expenses 2020: $847,179Net Income 2020: $75,0142020Revenue 2021: $968,680Expenses 2021: $948,043Net Income 2021: $20,6372021Revenue 2022: $1,351,898Expenses 2022: $1,503,484Net Income 2022: -$151,5862022Revenue 2023: $1,361,319Expenses 2023: $1,430,955Net Income 2023: -$69,6362023Revenue 2024: $1,347,118Expenses 2024: $1,454,640Net Income 2024: -$107,5222024

Highlighted filing

2017

Revenue$1,018,338
Expenses$937,685
Net Income$80,653
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 7, 2018
Return Version
2017v2.3
Gross Receipts
$1,019,255
Mission and Program Overview

Mission

Promotion of jefferson county, colorado for the purpose of attracting new commerce and industry to the county and to help maintain the commerce and industry presently therein.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$283,106$364,250▲ $81,144
Land, Buildings, and Equipment, Net$16,664$15,030▼ $1,634
Total Assets$299,770$379,438▲ $79,668
Other Assets Total-$158-
Liabilities
Other Liabilities$985--
Total Liabilities$985$0▼ $985
Net Assets / Fund Balance
Unrestricted Net Assets$298,785$379,438▲ $80,653
Total Net Assets Fund Balance$298,785$379,438▲ $80,653
Total Liabilities and Net Assets / Fund Balance$299,770$379,438▲ $79,668

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$15,030$27,726$42,756
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom CurriganBoard Chair
John MoorePast Chair
Kristi PollardPresident &
Liz GeislemanVice Chair
Adam PaulBoard Member
Alberto GarciaBoard Member
Bill DillamanBoard Member
Carol SalzmannBoard Member
Casey TigheBoard Member
Catherine HildrethBoard Member
David JonesBoard Member
Donald RosierBoard Member
Dr Michele HaneyBoard Member
James FitzmorrisBoard Member
Janice RooneyBoard Member
Joyce JayBoard Member
Karl PaulsonBoard Member
Kenneth KirwinBoard Member
Laura WeinbergBoard Member
Libby SzaboBoard Member
Matt SchlageterBoard Member
Sean MaleyBoard Member
Tami FischerBoard Member
Tony AntistaBoard Member
Preston GibsonSecretary
David NoorwoodTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$928,781
Program Service Revenue
$69,426
Investment Income
$-690
Other Revenue
$20,821
All Other Contributions
$566,331
Change in Net Assets
$80,653

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$145,621Fair Value
Total Noncash Contributions1$145,621-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$540,165
Other Expenses$364,406
Professional Fundraising Fees$33,114
Total Fundraising Expense$33,114
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$433,376--$433,376
Other Employee Benefits$56,190--$56,190
All Other Expenses$52,821--$52,821
Payroll Taxes$34,186--$34,186
Fees for Services Professional Fundraising--$33,114$33,114
Fees for Services Other$19,460--$19,460
Information Technology$17,588--$17,588
Other Expenses$17,143--$17,143
Pension Plan Contributions$16,413--$16,413
Office Expenses$6,559--$6,559
Fees for Services Accounting$6,388--$6,388
Depreciation Depletion$6,197--$6,197
Conferences and Meetings$5,877--$5,877
Travel$3,564--$3,564
Insurance$2,049--$2,049
Total Functional Expenses$904,571$0$33,114$937,685
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$33,114
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
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
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 11B

Form 990 reviewed by executive committee prior to filing.

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

REVIEWED ANNUALLY.

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

Executive committee of the board of directors determines and approves the executive director's compensation on an annual basis.

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

Officers and board members are not compensated in any manner.

Form 990, Page 6, Part VI, Line 19

Upon written request, copies of governing documents are provided to entity making the request.

Filing and Contact Details

Filer

Filer Name
Jefferson County Economic
EIN
84-0447505
Phone
3032022965
Address
1667 COLE BOULEVARD RM/STE 400, GOLDEN, CO 80401-3313

Signing Officer

Name
Kristi Pollard
Title
President & CEO
Phone
3032022965
Signed
2018-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristi Pollard
Formed
1987
Legal Domicile
Co
Voting Board Members
25
Independent Board Members
25
Employees
7

Preparer

Firm
Feis & Company Pc Cpas
Address
193 S 27TH AVE SUITE 100, BRIGHTON, CO 80601
Preparer
Robert R Feis CPA
Phone
3036591200
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

There are no liabilities for "uncertain tax positions" as of december 31, 2017.

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IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-717
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GovernmentGrantsAmt0362450
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0200
IRS990/GrossReceiptsAmt01019255
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt025
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt017588
IRS990/InformationTechnologyGrp/TotalAmt017588
IRS990/InsuranceGrp/ProgramServicesAmt02049
IRS990/InsuranceGrp/TotalAmt02049
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt027
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt027
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt027726
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016664
IRS990/LandBldgEquipBasisNetGrp/EOYAmt015030
IRS990/LandBldgEquipCostOrOtherBssAmt042756
IRS990/LegalDomicileStateCd0CO
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0917
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTION OF JEFFERSON COUNTY, COLORADO FOR THE PURPOSE OF ATTRACTING NEW COMMERCE AND INDUSTRY TO THE COUNTY AND TO HELP MAINTAIN THE COMMERCE AND INDUSTRY PRESENTLY THEREIN.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0298785
IRS990/NetAssetsOrFundBalancesEOYAmt0379438
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-717
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-717
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0145621
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt06559
IRS990/OfficeExpensesGrp/TotalAmt06559
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0158
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt056190
IRS990/OtherEmployeeBenefitsGrp/TotalAmt056190
IRS990/OtherExpensesGrp/Desc0IN-KIND EXPENSES
IRS990/OtherExpensesGrp/Desc1EVENTS EXPENSE
IRS990/OtherExpensesGrp/Desc2PUBLIC RELATIONS AND MKTG
IRS990/OtherExpensesGrp/Desc3BOARD EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0145621
IRS990/OtherExpensesGrp/ProgramServicesAmt158543
IRS990/OtherExpensesGrp/ProgramServicesAmt222596
IRS990/OtherExpensesGrp/ProgramServicesAmt317143
IRS990/OtherExpensesGrp/TotalAmt0145621
IRS990/OtherExpensesGrp/TotalAmt158543
IRS990/OtherExpensesGrp/TotalAmt222596
IRS990/OtherExpensesGrp/TotalAmt317143
IRS990/OtherLiabilitiesGrp/BOYAmt0985
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt020821
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020821
IRS990/OtherRevenueTotalAmt020821
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0433376
IRS990/OtherSalariesAndWagesGrp/TotalAmt0433376
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt034186
IRS990/PayrollTaxesGrp/TotalAmt034186
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt016413
IRS990/PensionPlanContributionsGrp/TotalAmt016413
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KRISTI POLLARD
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/Desc0EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt069426
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt069426
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01083872
IRS990/PYInvestmentIncomeAmt04642
IRS990/PYOtherExpensesAmt0437221
IRS990/PYOtherRevenueAmt0478
IRS990/PYProgramServiceRevenueAmt024183
IRS990/PYRevenuesLessExpensesAmt0-130518
IRS990/PYSalariesCompEmpBnftPaidAmt0618224
IRS990/PYTotalExpensesAmt01243693
IRS990/PYTotalProfFndrsngExpnsAmt0188248
IRS990/PYTotalRevenueAmt01113175
IRS990/ReconcilationRevenueExpnssAmt080653
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015030
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt027726
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt042756
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO LIABILITIES FOR "UNCERTAIN TAX POSITIONS" AS OF DECEMBER 31, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015030
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0VARIOUS SERVICE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FAIR VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0145621
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 REVIEWED BY EXECUTIVE COMMITTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES AND APPROVES THE EXECUTIVE DIRECTOR'S COMPENSATION ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS AND BOARD MEMBERS ARE NOT COMPENSATED IN ANY MANNER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON WRITTEN REQUEST, COPIES OF GOVERNING DOCUMENTS ARE PROVIDED TO ENTITY MAKING THE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0299770
IRS990/TotalAssetsEOYAmt0379438
IRS990/TotalAssetsGrp/BOYAmt0299770
IRS990/TotalAssetsGrp/EOYAmt0379438
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0928781
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt033114
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0904571
IRS990/TotalFunctionalExpensesGrp/TotalAmt0937685
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0985
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0985
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0298785
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0379438
IRS990/TotalProgramServiceExpensesAmt0904571
IRS990/TotalProgramServiceRevenueAmt069426
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt089557

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.01$0.37$1.35$1.45$0.11
2023Summary only. Only limited summary data is available for this year.$0.49$0.02$0.47$1.36$1.43$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.01$0.54$1.35$1.50$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.00$0.67$0.97$0.95$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.00$0.65$0.92$0.85$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.00$0.57$1.16$1.04$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.00$0.46$1.11$1.03$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$1.02$0.94$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.00$0.30$1.11$1.24$0.13
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.00$0.43$1.07$1.05$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.01$0.40$1.06$0.85$0.21
2013Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.90$1.00$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$1.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.00$0.66$0.82