Civic Intelligence

Clyde Hill Elementary School PTA 2327

990 • Fiscal year 2016 • EIN 91-6060401

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

9601 NE 24th StClyde Hill, WA 98004

(425) 456-5000

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

58th percentile

6.7%

Higher net margin than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

55th percentile

4.5%

Faster asset growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

45th percentile

-2.4%

Faster revenue growth than 45% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$398,124

Up $17,182 (+4.5%) from 2015

Net Assets

Up

$398,124

Up $17,182 (+4.5%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$258,133

Down $6,414 (-2.4%) from 2015

Expenses

Down

$240,951

Down $31,703 (-12%) from 2015

Net Income

Up

$17,182

Up $25,289 (+312%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $295,237Liabilities 2011: $0Net Assets 2011: $295,2372011Assets 2012: $316,936Liabilities 2012: $0Net Assets 2012: $316,9362012Assets 2013: $345,643Liabilities 2013: $0Net Assets 2013: $345,6432013Assets 2014: $389,049Liabilities 2014: $0Net Assets 2014: $389,0492014Assets 2015: $380,942Liabilities 2015: $0Net Assets 2015: $380,9422015Assets 2016: $398,124Liabilities 2016: $0Net Assets 2016: $398,1242016Assets 2017: $203,272Liabilities 2017: $0Net Assets 2017: $203,2722017Assets 2018: $137,771Liabilities 2018: $0Net Assets 2018: $137,7712018Assets 2019: $161,493Liabilities 2019: $92Net Assets 2019: $161,4012019Assets 2020: $210,851Liabilities 2020: $2,233Net Assets 2020: $208,6182020Assets 2021: $169,175Liabilities 2021: $2,310Net Assets 2021: $166,8652021Assets 2022: $148,572Liabilities 2022: $116Net Assets 2022: $148,4562022Assets 2023: $112,222Liabilities 2023: $0Net Assets 2023: $112,2222023Assets 2024: $91,795Liabilities 2024: $0Net Assets 2024: $91,7952024

Highlighted filing

2016

Assets$398,124
Liabilities$0
Net Assets$398,124

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $293,8592011Revenue 2012: $238,186Expenses 2012: $216,487Net Income 2012: $21,6992012Expenses 2013: $228,8202013Revenue 2014: $261,787Expenses 2014: $218,381Net Income 2014: $43,4062014Revenue 2015: $264,547Expenses 2015: $272,654Net Income 2015: -$8,1072015Revenue 2016: $258,133Expenses 2016: $240,951Net Income 2016: $17,1822016Revenue 2017: $189,773Expenses 2017: $384,625Net Income 2017: -$194,8522017Revenue 2018: $204,205Expenses 2018: $261,630Net Income 2018: -$57,4252018Revenue 2019: $185,392Expenses 2019: $161,762Net Income 2019: $23,6302019Revenue 2020: $174,466Expenses 2020: $127,249Net Income 2020: $47,2172020Revenue 2021: $15,406Expenses 2021: $57,159Net Income 2021: -$41,7532021Revenue 2022: $137,212Expenses 2022: $155,621Net Income 2022: -$18,4092022Revenue 2023: $135,754Expenses 2023: $171,988Net Income 2023: -$36,2342023Revenue 2024: $130,809Expenses 2024: $151,236Net Income 2024: -$20,4272024

Highlighted filing

2016

Revenue$258,133
Expenses$240,951
Net Income$17,182
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$281,769
Mission and Program Overview

Mission

Clyde hill elementary pta's mission is to support and enrich our children's education and social experiences at school through programs, events & activities that enhance the learning environment.

Clyde hill pta's mission is to support and enrich our children's educational and social experiences at school through programs, events, and activites that enhance the learning environment, while nurturing a sense of community and involvement among clyde hill students, their families and staff.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$380,942$398,124▲ $17,182
Savings and Temporary Cash Investments$380,445$397,627▲ $17,182
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$380,942$398,124▲ $17,182
Other Assets Total$497$497→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$380,942$398,124▲ $17,182
Total Liabilities and Net Assets / Fund Balance$380,942$398,124▲ $17,182
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jim BodtkePresident
Molly PrzybylskiSecretary
Sheila-jane SheltonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$262,642
Program Service Revenue
$14,910
Investment Income
$222
Other Revenue
$-19,641
All Other Contributions
$170,036
Change in Net Assets
$17,182
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$240,951
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$5,015-$5,015
Other Expenses$3,221--$3,221
Office Expenses-$2,188-$2,188
All Other Expenses$1,529$472-$2,001
Information Technology-$1,071-$1,071
Insurance-$590-$590
Total Functional Expenses$231,615$9,336$0$240,951
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$19,993
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Walk-a-thon$75,232-$5,048-
Father-daughter & Mother-son Events$5,243-$2,671-
Total Events$85,873-$19,993$-19,993
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The clyde hill pta has members who are parents or staff of the clyde hill elementary school community. Membership fees are paid for an annual renewal, concurrent with the school year.

Form 990, Part VI, Section A, Line 7A

The executive committee of the board of directors is elected annually by vote of the general membership of the clyde hill pta. Executive committee members may hold a position for a maximum of two terms. Other board members, as defined in the standing rules, are generally chairs of the significant fundraising or other sub-committees, or members at large, and are invited to serve in that capacity by the executive committee.

Form 990, Part VI, Section A, Line 7B

A general membership vote is required to: elect members of the executive committee of the board of directors; to approve all budget and spending decisions; to approve any amendments to the standing riles of the organization.

Form 990, Part VI, Section B, Line 11

The form 990 was completed by a tax preparer. The completed form 990 and all supporting schedules were reviewed prior to signing by the vice president of finance of the subsequent tax year and the president of the current tax year. The remaining executive board was given a copy of the return.

Form 990, Part VI, Section C, Line 18

The public documents are available upon reasonable request during school terms in the office the clyde hill pta, resident in the clyde hill elementary school.

Form 990, Part VI, Section C, Line 19

The public documents are available upon reasonable request during school terms in the office the clyde hill pta, resident in the clyde hill elementary school.

Filing and Contact Details

Filer

Filer Name
Clyde Hill Elementary School Pta 2327
EIN
91-6060401
Phone
4254565000
Address
9601 NE 24TH ST, CLYDE HILL, WA 98004

Signing Officer

Name
Sheila-jane Shelton
Title
Treasurer
Phone
4254565000
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sheila-jane Shelton
Formed
1986
Legal Domicile
Wa
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
338

Preparer

Firm
Clark Raymond & Company Pllc
Address
PO BOX 3188, REDMOND, WA 98073-3188
Preparer
Dedson Clark
Phone
4258618500
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/PublicSupportPY509Pct00.99650
IRS990ScheduleA/PublicSupportTotal509Amt01408885
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0281547
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0290738
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0245366
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0289807
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0301427
IRS990ScheduleA/Total509Grp/TotalAmt01408885
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0281769
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0290738
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0245718
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0290654
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0302743
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01411622
IRS990/ScheduleBRequiredInd00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt085873
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt075232
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt05243
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt05398
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019993
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0WALK-A-THON
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FATHER-DAUGHTER & MOTHER-SON EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt075232
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt05243
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt05398
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt085873
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-19993
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt012274
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019993
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05048
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02671
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CLYDE HILL PTA HAS MEMBERS WHO ARE PARENTS OR STAFF OF THE CLYDE HILL ELEMENTARY SCHOOL COMMUNITY. MEMBERSHIP FEES ARE PAID FOR AN ANNUAL RENEWAL, CONCURRENT WITH THE SCHOOL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IS ELECTED ANNUALLY BY VOTE OF THE GENERAL MEMBERSHIP OF THE CLYDE HILL PTA. EXECUTIVE COMMITTEE MEMBERS MAY HOLD A POSITION FOR A MAXIMUM OF TWO TERMS. OTHER BOARD MEMBERS, AS DEFINED IN THE STANDING RULES, ARE GENERALLY CHAIRS OF THE SIGNIFICANT FUNDRAISING OR OTHER SUB-COMMITTEES, OR MEMBERS AT LARGE, AND ARE INVITED TO SERVE IN THAT CAPACITY BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A GENERAL MEMBERSHIP VOTE IS REQUIRED TO: ELECT MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS; TO APPROVE ALL BUDGET AND SPENDING DECISIONS; TO APPROVE ANY AMENDMENTS TO THE STANDING RILES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 WAS COMPLETED BY A TAX PREPARER. THE COMPLETED FORM 990 AND ALL SUPPORTING SCHEDULES WERE REVIEWED PRIOR TO SIGNING BY THE VICE PRESIDENT OF FINANCE OF THE SUBSEQUENT TAX YEAR AND THE PRESIDENT OF THE CURRENT TAX YEAR. THE REMAINING EXECUTIVE BOARD WAS GIVEN A COPY OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PUBLIC DOCUMENTS ARE AVAILABLE UPON REASONABLE REQUEST DURING SCHOOL TERMS IN THE OFFICE THE CLYDE HILL PTA, RESIDENT IN THE CLYDE HILL ELEMENTARY SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PUBLIC DOCUMENTS ARE AVAILABLE UPON REASONABLE REQUEST DURING SCHOOL TERMS IN THE OFFICE THE CLYDE HILL PTA, RESIDENT IN THE CLYDE HILL ELEMENTARY SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0380942
IRS990/TotalAssetsEOYAmt0398124
IRS990/TotalAssetsGrp/BOYAmt0380942
IRS990/TotalAssetsGrp/EOYAmt0398124
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0262642
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09336
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0231615
IRS990/TotalFunctionalExpensesGrp/TotalAmt0240951
IRS990/TotalGrossUBIAmt014910
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0380942
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0398124
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt04750
IRS990/TotalProgramServiceExpensesAmt0231615
IRS990/TotalProgramServiceRevenueAmt014910
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-19419
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0258133
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt014910
IRS990/TotalVolunteersCnt0338
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0380942
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0398124
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09601 NE 24TH ST
IRS990/USAddress/CityNm0CLYDE HILL
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098004
IRS990/VotingMembersGoverningBodyCnt021
IRS990/VotingMembersIndependentCnt021
IRS990/WebsiteAddressTxt0WWW.CLYDEHILLPTA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHEILA-JANE SHELTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04254565000
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLYDE HILL ELEMENTARY SCHOOL PTA 2327
ReturnHeader/Filer/BusinessNameControlTxt0CLYD
ReturnHeader/Filer/EIN0916060401
ReturnHeader/Filer/PhoneNum04254565000
ReturnHeader/Filer/USAddress/AddressLine1Txt09601 NE 24TH ST
ReturnHeader/Filer/USAddress/CityNm0CLYDE HILL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098004
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911521868
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLARK RAYMOND & COMPANY PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 3188
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0REDMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0980733188
ReturnHeader/PreparerPersonGrp/PhoneNum04258618500
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEDSON CLARK
ReturnHeader/ReturnTs02017-05-15T17:32:48-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$1.31$1.51$0.20
2023Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$1.36$1.72$0.36
2022Detailed filing. Detailed filing data is available for this year.$1.49$0.00$1.48$1.37$1.56$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.69$0.02$1.67$0.15$0.57$0.42
2020Detailed filing. Detailed filing data is available for this year.$2.11$0.02$2.09$1.74$1.27$0.47
2019Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$1.85$1.62$0.24
2018Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$2.04$2.62$0.57
2017Detailed filing. Detailed filing data is available for this year.$2.03$0.00$2.03$1.90$3.85$1.95
2016Detailed filing. Detailed filing data is available for this year.$3.98$0.00$3.98$2.58$2.41$0.17
2015Detailed filing. Detailed filing data is available for this year.$3.81$0.00$3.81$2.65$2.73$0.08
2014Detailed filing. Detailed filing data is available for this year.$3.89$0.00$3.89$2.62$2.18$0.43
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.46$0.00$3.46$2.29
2012Summary only. Only limited summary data is available for this year.$3.17$0.00$3.17$2.38$2.16$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$0.00$2.95$2.94