Civic Intelligence

Benevolent & Protective Order of Elks 832

990 • Fiscal year 2017 • EIN 94-0455155

Apr 01, 2016 to Mar 31, 2017 • Filed on Aug 09, 2017

2840 Soscol AvenueNapa, CA 94558

(707) 255-4522

Siviq Scores

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

Liabilities / Assets

95th percentile

0.59x

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

2017 filings • 501(c)8 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

0.23x

Higher debt load relative to revenue than 66% of similar nonprofits.

2017 filings • 501(c)8 • $500k-$1M nonprofits • Source year 2017

Net Margin

57th percentile

5.0%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)8 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)8 • $500k-$1M nonprofits • Source year 2017

Asset Growth

87th percentile

11%

Faster asset growth than 87% of similar nonprofits.

2017 filings • 501(c)8 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

73rd percentile

15%

Faster revenue growth than 73% of similar nonprofits.

2017 filings • 501(c)8 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$151,686

Up $15,041 (+11%) from 2016

Net Assets

Up

$62,071

Up $19,444 (+46%) from 2016

Liabilities

Down

$89,615

Down $4,403 (-4.7%) from 2016

Revenue

Up

$391,738

Up $50,497 (+15%) from 2016

Expenses

Up

$372,294

Up $37,244 (+11%) from 2016

Net Income

Up

$19,444

Up $13,253 (+214%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $208,674Liabilities 2012: $87,993Net Assets 2012: $120,6812012Assets 2013: $142,609Liabilities 2013: $84,263Net Assets 2013: $58,3462013Assets 2014: $154,819Liabilities 2014: $90,875Net Assets 2014: $63,9442014Assets 2015: $137,501Liabilities 2015: $101,065Net Assets 2015: $36,4362015Assets 2016: $136,645Liabilities 2016: $94,018Net Assets 2016: $42,6272016Assets 2017: $151,686Liabilities 2017: $89,615Net Assets 2017: $62,0712017Assets 2018: $222,519Liabilities 2018: $137,437Net Assets 2018: $85,0822018Assets 2019: $284,921Liabilities 2019: $166,268Net Assets 2019: $118,6532019Assets 2020: $264,374Liabilities 2020: $123,616Net Assets 2020: $140,7582020Assets 2021: $299,345Liabilities 2021: $119,703Net Assets 2021: $179,6422021Assets 2022: $321,731Liabilities 2022: $130,352Net Assets 2022: $191,3792022Assets 2023: $358,145Liabilities 2023: $132,228Net Assets 2023: $225,9172023Assets 2024: $395,473Liabilities 2024: $123,138Net Assets 2024: $272,3352024Assets 2025: $375,980Liabilities 2025: $117,490Net Assets 2025: $258,4902025

Highlighted filing

2017

Assets$151,686
Liabilities$89,615
Net Assets$62,071

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $557,982Expenses 2012: $544,879Net Income 2012: $13,1032012Revenue 2013: $487,963Expenses 2013: $550,298Net Income 2013: -$62,3352013Revenue 2014: $333,448Expenses 2014: $340,094Net Income 2014: -$6,6462014Revenue 2015: $309,799Expenses 2015: $339,583Net Income 2015: -$29,7842015Revenue 2016: $341,241Expenses 2016: $335,050Net Income 2016: $6,1912016Revenue 2017: $391,738Expenses 2017: $372,294Net Income 2017: $19,4442017Revenue 2018: $284,824Expenses 2018: $261,813Net Income 2018: $23,0112018Revenue 2019: $366,395Expenses 2019: $332,824Net Income 2019: $33,5712019Revenue 2020: $246,523Expenses 2020: $224,418Net Income 2020: $22,1052020Revenue 2021: $130,143Expenses 2021: $91,259Net Income 2021: $38,8842021Revenue 2022: $214,958Expenses 2022: $208,736Net Income 2022: $6,2222022Revenue 2023: $322,015Expenses 2023: $292,326Net Income 2023: $29,6892023Revenue 2024: $398,012Expenses 2024: $351,594Net Income 2024: $46,4182024Revenue 2025: $352,660Expenses 2025: $366,505Net Income 2025: -$13,8452025

Highlighted filing

2017

Revenue$391,738
Expenses$372,294
Net Income$19,444
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
Aug 9, 2017
Return Version
2016v3.0
Gross Receipts
$920,306
Mission and Program Overview

Mission

To inculcate the principles of Charity, Justice, Brotherly Love and Fidelity; to recognize a belief in God; to promote the welfare and enhance the happiness of its Members; to quicken the spirit of American patriotism; to cultivate good fellowship; to perpetuate itself as a fraternal organization, and to provide for its government, the Benevolent and Protective Order of Elks of the United States of America will serve the people and communities through benevolent programs, demonstrating that Elks Care and Elks Share.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$106,502$125,113▲ $18,611
Inventories for Sale or Use$24,598$25,223▲ $625
Prepaid Expenses and Deferred Charges$4,195$0▼ $4,195
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Total Assets$136,645$151,686▲ $15,041
Other Assets Total$1,350$1,350→ $0
Liabilities
Deferred Revenue$57,295$57,372▲ $77
Accounts Payable and Accrued Expenses$22,086$19,925▼ $2,161
Other Liabilities$14,637$12,318▼ $2,319
Total Liabilities$94,018$89,615▼ $4,403
Net Assets / Fund Balance
Unrestricted Net Assets$42,627$62,071▲ $19,444
Total Net Assets Fund Balance$42,627$62,071▲ $19,444
Total Liabilities and Net Assets / Fund Balance$136,645$151,686▲ $15,041

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$180,226$180,226
Other Land Buildings-$61,160$61,160
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dave SilveiraTrustee
John OlneyTrustee
Len FisherTrustee
Lindsay WanagelTrustee
Ron RaeTrustee
Patti TomlinsonChaplain
Gene AberEsquire
Lindsay WanagelExalted Ruler
Ron KilbyInner Guard
Janis MousaLeading Knight
Ron KilbyLecturing Knigh
Sandy SilveiraLoyal Knight
Judy FisherSecretary
Tom McfarlandTiler
Jan SchreiberTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,285
Program Service Revenue
$128,135
Investment Income
$0
Other Revenue
$257,318
All Other Contributions
$6,285
Change in Net Assets
$19,444
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$187,581
Other Expenses$184,713
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$134,542--$134,542
Occupancy$30,000--$30,000
Payroll Taxes$27,261--$27,261
All Other Expenses$23,238--$23,238
Other Employee Benefits$13,478--$13,478
Current Officers, Directors, Trustees, and Key Employees$12,300--$12,300
Payments to Affiliates$12,211--$12,211
Conferences and Meetings$8,040--$8,040
Other Expenses$5,575--$5,575
Insurance$4,934--$4,934
Fees for Services Accounting$4,785--$4,785
Office Expenses$3,623--$3,623
Total Functional Expenses$372,294$0$0$372,294
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$126,830
Fundraising Direct Expenses$89,379
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Events$126,830$126,830$89,379$37,451
Total Events$126,830$126,830$89,379$37,451
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Deposits (Events)$7,351
Restricted Charity & Scholarship$4,458
Other Charity Payable$509
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Benevolent & Protective Order of
EIN
94-0455155
Phone
7072554522
Address
2840 SOSCOL AVENUE, NAPA, CA 94558

Signing Officer

Name
Calvin Cox
Title
Exalted Ruler
Signed
2017-08-09
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
15
Independent Board Members
0
Employees
0

Preparer

Firm
Schopp & Co CPA
Address
200 Gregory Ln Bldg B Ste 102, Pleasant Hill, CA 94523-3353
Preparer
Margaret Schopp
Phone
9256892200
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IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt024598
IRS990/InventoriesForSaleOrUseGrp/EOYAmt025223
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0241386
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0241386
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0To inculcate the principles of Charity, Justice, Brotherly Love and Fidelity; to recognize a belief in God; to promote the welfare and enhance the happiness of its Members; to quicken the spirit of American patriotism; to cultivate good fellowship; to perpetuate itself as a fraternal organization, and to provide for its government, the Benevolent and Protective Order of Elks of the United States of America will serve the people and communities through benevolent programs, demonstrating that Elks Care and Elks Share.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt042627
IRS990/NetAssetsOrFundBalancesEOYAmt062071
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt037451
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt037451
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0190136
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0190136
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt026251
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt026251
IRS990/NetUnrelatedBusTxblIncmAmt02480
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt030000
IRS990/OccupancyGrp/TotalAmt030000
IRS990/OfficeExpensesGrp/ProgramServicesAmt03623
IRS990/OfficeExpensesGrp/TotalAmt03623
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01350
IRS990/OtherAssetsTotalGrp/EOYAmt01350
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt013478
IRS990/OtherEmployeeBenefitsGrp/TotalAmt013478
IRS990/OtherExpensesGrp/Desc0Utilities
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2Supplies
IRS990/OtherExpensesGrp/Desc3Credit Card Expens
IRS990/OtherExpensesGrp/ProgramServicesAmt060955
IRS990/OtherExpensesGrp/ProgramServicesAmt124830
IRS990/OtherExpensesGrp/ProgramServicesAmt26522
IRS990/OtherExpensesGrp/ProgramServicesAmt35575
IRS990/OtherExpensesGrp/TotalAmt060955
IRS990/OtherExpensesGrp/TotalAmt124830
IRS990/OtherExpensesGrp/TotalAmt26522
IRS990/OtherExpensesGrp/TotalAmt35575
IRS990/OtherLiabilitiesGrp/BOYAmt014637
IRS990/OtherLiabilitiesGrp/EOYAmt012318
IRS990/OtherRevenueMiscGrp/BusinessCd0511190
IRS990/OtherRevenueMiscGrp/Desc0Bulletin Advertising
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03480
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt03480
IRS990/OtherRevenueTotalAmt03480
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0134542
IRS990/OtherSalariesAndWagesGrp/TotalAmt0134542
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt012211
IRS990/PaymentsToAffiliatesGrp/TotalAmt012211
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt027261
IRS990/PayrollTaxesGrp/TotalAmt027261
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04195
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/Desc1RV INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt093787
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt134348
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt093787
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt134348
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07001
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt015
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0163985
IRS990/PYOtherRevenueAmt0209878
IRS990/PYProgramServiceRevenueAmt0124347
IRS990/PYRevenuesLessExpensesAmt06191
IRS990/PYSalariesCompEmpBnftPaidAmt0171065
IRS990/PYTotalExpensesAmt0335050
IRS990/PYTotalRevenueAmt0341241
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt019444
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt026251
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0180226
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0180226
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt061160
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt061160
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0509
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17351
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24458
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Other Charity Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Prepaid Deposits (Events)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2RESTRICTED CHARITY & SCHOLARSHIP
IRS990ScheduleD/TotalLiabilityAmt012318
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt089379
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0126830
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0126830
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0126830
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0126830
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt037451
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt089379
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt089379
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0136645

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.76$1.17$2.58$3.53$3.67$0.14
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.95$1.23$2.72$3.98$3.52$0.46
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.58$1.32$2.26$3.22$2.92$0.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.22$1.30$1.91$2.15$2.09$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.99$1.20$1.80$1.30$0.91$0.39
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.64$1.24$1.41$2.47$2.24$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.85$1.66$1.19$3.66$3.33$0.34
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$1.37$0.85$2.85$2.62$0.23
2017Detailed filing. Detailed filing data is available for this year.$1.52$0.90$0.62$3.92$3.72$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.37$0.94$0.43$3.41$3.35$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.38$1.01$0.36$3.10$3.40$0.30
2014Summary only. Only limited summary data is available for this year.$1.55$0.91$0.64$3.33$3.40$0.07
2013Summary only. Only limited summary data is available for this year.$1.43$0.84$0.58$4.88$5.50$0.62
2012Summary only. Only limited summary data is available for this year.$2.09$0.88$1.21$5.58$5.45$0.13