Civic Intelligence

Bethany Bears Preschool

990EZ • Fiscal year 2024 • EIN 91-1783018

Sep 01, 2023 to Aug 31, 2024 • Filed on Jan 17, 2025

2410 N 46th StSeattle, WA 98103-6916

(206) 465-0629

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

44th percentile

0.5%

Higher net margin than 44% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

92nd percentile

$49,329

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 26.6% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

49th percentile

0.6%

Faster asset growth than 49% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

43rd percentile

-2.4%

Faster revenue growth than 43% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$140,862

Up $908 (+0.6%) from 2023

Net Assets

$140,862

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$185,465

Down $4,655 (-2.4%) from 2023

Expenses

Down

$184,557

Down $6,666 (-3.5%) from 2023

Net Income

Up

$908

Up $2,011 (+182%) from 2023

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $145,855Liabilities 2011: $0Net Assets 2011: $145,8552011Assets 2012: $154,491Liabilities 2012: $5,887Net Assets 2012: $148,6042012Assets 2013: $157,915Liabilities 2013: $6,146Net Assets 2013: $151,7692013Assets 2014: $174,480Liabilities 2014: $1,956Net Assets 2014: $172,5242014Assets 2015: $192,843Liabilities 2015: $7,231Net Assets 2015: $185,6122015Assets 2016: $203,539Liabilities 2016: $15,084Net Assets 2016: $188,4552016Assets 2017: $190,411Liabilities 2017: $8,985Net Assets 2017: $181,4262017Assets 2018: $186,603Liabilities 2018: $9,794Net Assets 2018: $176,8092018Assets 2019: $172,668Liabilities 2019: $9,434Net Assets 2019: $163,2342019Assets 2020: $143,996Liabilities 2020: $13,354Net Assets 2020: $130,6422020Assets 2021: $130,827Liabilities 2021: $02021Assets 2022: $155,471Liabilities 2022: $0Net Assets 2022: $155,4712022Assets 2023: $139,954Liabilities 2023: $02023Assets 2024: $140,862Net Assets 2024: $140,8622024Assets 2025: $142,568Net Assets 2025: $142,5682025

Highlighted filing

2024

Assets$140,862
Liabilities-
Net Assets$140,862

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $200,805Expenses 2011: $196,743Net Income 2011: $4,0622011Expenses 2012: $172,8252012Revenue 2013: $178,338Expenses 2013: $175,173Net Income 2013: $3,1652013Revenue 2014: $211,052Expenses 2014: $204,088Net Income 2014: $6,9642014Revenue 2015: $223,735Expenses 2015: $210,647Net Income 2015: $13,0882015Revenue 2016: $218,692Expenses 2016: $215,849Net Income 2016: $2,8432016Revenue 2017: $215,779Expenses 2017: $222,808Net Income 2017: -$7,0292017Revenue 2018: $215,765Expenses 2018: $220,382Net Income 2018: -$4,6172018Revenue 2019: $212,289Expenses 2019: $227,434Net Income 2019: -$15,1452019Revenue 2020: $209,952Expenses 2020: $243,970Net Income 2020: -$34,0182020Revenue 2021: $148,331Expenses 2021: $159,124Net Income 2021: -$10,7932021Revenue 2022: $215,977Expenses 2022: $187,846Net Income 2022: $28,1312022Revenue 2023: $190,120Expenses 2023: $191,223Net Income 2023: -$1,1032023Revenue 2024: $185,465Expenses 2024: $184,557Net Income 2024: $9082024Revenue 2025: $196,050Expenses 2025: $194,344Net Income 2025: $1,7062025

Highlighted filing

2024

Revenue$185,465
Expenses$184,557
Net Income$908
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jan 17, 2025
Return Version
2023v6.0
Gross Receipts
$185,465
Mission and Program Overview

Mission

School: educating children to prepare them for kindergarten.

Program Services

DescriptionGrantsExpenses
We have 2 classes for 4-5 year olds that prepare them for kindergarten.$0$99,251
We have 1 class of 3-4 year olds that focuses on pre-academic activities to prepare them for the pre-kindergarten year.$0$50,000
We have 1 class of 3 year olds that focuses on typical child development activities including sharing learning routines problem solving and large and fine motor skills.$0$35,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen SimoneManaging DirectorPT$49,329-$49,329
Dana KrugerTeacherPT$25,293-$25,293
Annie HartsockTeacherPT$20,550-$20,550
Kalyn GustafsonTeacherPT$20,550-$20,550
Brittany McFarlaneTeacherPT$14,602-$14,602
Whitney KruseDirector-$0--
Janet KopickyDirector-$0--
Amy AllenDirector-$0--
Christine KellyDirector-$0--
Andrew BarfootDirector-$0--
Cheryl StrattonDirector-$0--
Filing and Contact Details

Filer

Filer Name
Bethany Bears Preschool
EIN
91-1783018
In Care Of
% Karen Simone
Address
2410 N 46TH ST, SEATTLE, WA 98103-6916

Signing Officer

Name
Karen Simone
Title
Managing Director
Signed
2025-01-17
Supplemental Narrative

Additional Explanations

Part I, line 16

| Other Expenses:, Amount:| INSURANCE, $1791| OFFICE EQUIPMENT AND SUPPLIES, $4343| LICENENSES AND PERMITS, $565| RECONCILIATION, $1974|

Raw XML Appendix178 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/PersonNm0Karen Simone
IRS990EZ/BooksInCareOfDetail/PhoneNum02064650629
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02410 N 46TH ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SEATTLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0981036916
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0139954
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0140862
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0600
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0908
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02680
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0139954
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0140862
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0185465
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0614
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0139954
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0140862
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0139954
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0140862
IRS990EZ/OccupancyRentUtltsAndMaintAmt019349
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt119
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt219
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt313
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt919
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt101
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt049329
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt120550
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt225293
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt314602
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt920550
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Karen Simone
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Annie Hartsock
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Dana Kruger
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Brittany McFarlane
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Whitney Kruse
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Janet Kopicky
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Amy Allen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Christine Kelly
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Andrew Barfoot
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Kalyn Gustafson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Cheryl Stratton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Managing Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1teacher
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2teacher
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3teacher
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9teacher
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt08673
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0School: educating children to prepare them for kindergarten.
IRS990EZ/PrintingPublicationsPostageAmt01416
IRS990EZ/ProgramServiceRevenueAmt0184251
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0We have 2 classes for 4-5 year olds that prepare them for kindergarten.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1We have 1 class of 3-4 year olds that focuses on pre-academic activities to prepare them for the pre-kindergarten year.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2We have 1 class of 3 year olds that focuses on typical child development activities including sharing learning routines problem solving and large and fine motor skills.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt099251
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt150000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt235000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0152439
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0WA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0184557
IRS990EZ/TotalProgramServiceExpensesAmt0184251
IRS990EZ/TotalRevenueAmt0185465
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0BETHANYBEARS.COM
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0| PartandLinenumber:,Explanation:| Part1Line3,The schools non-discriminatory policy is clearly stated on the homepage of the schools primary publicly accessible website at all times during the year. It is printed in a manner that is reasonably expected to be noticed by visitors to the homepage and is stated again on the page devoted to the schools mission.|
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| INSURANCE, $1791| OFFICE EQUIPMENT AND SUPPLIES, $4343| LICENENSES AND PERMITS, $565| RECONCILIATION, $1974|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Karen Simone
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Managing Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BETHANY BEARS PRESCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0BETH
ReturnHeader/Filer/EIN0911783018
ReturnHeader/Filer/ForeignPhoneNum02064650629
ReturnHeader/Filer/InCareOfNm0% Karen Simone
ReturnHeader/Filer/USAddress/AddressLine1Txt02410 N 46TH ST
ReturnHeader/Filer/USAddress/CityNm0SEATTLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd0981036916
ReturnHeader/ReturnTs02025-01-17T07:54:02-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-09-01
ReturnHeader/TaxPeriodEndDt02024-08-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.43$1.43$1.96$1.94$0.02
2024Detailed filing. Detailed filing data is available for this year.$1.41$1.41$1.85$1.85$0.01
2023Summary only. Only limited summary data is available for this year.$1.40$0.00$1.90$1.91$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$0.00$1.55$2.16$1.88$0.28
2021Summary only. Only limited summary data is available for this year.$1.31$0.00$1.48$1.59$0.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.13$1.31$2.10$2.44$0.34
2019Summary only. Only limited summary data is available for this year.$1.73$0.09$1.63$2.12$2.27$0.15
2018Summary only. Only limited summary data is available for this year.$1.87$0.10$1.77$2.16$2.20$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.09$1.81$2.16$2.23$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$0.15$1.88$2.19$2.16$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.93$0.07$1.86$2.24$2.11$0.13
2014Summary only. Only limited summary data is available for this year.$1.74$0.02$1.73$2.11$2.04$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.06$1.52$1.78$1.75$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.06$1.49$1.73
2011Summary only. Only limited summary data is available for this year.$1.46$0.00$1.46$2.01$1.97$0.04