Civic Intelligence

Davis Aquatic Masters

990 • Fiscal year 2025 • EIN 94-2412714

Jan 01, 2025 to Dec 31, 2025

PO Box 921Davis, CA 95617

(530) 757-7946

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

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

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

63rd percentile

0.00x

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

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

38th percentile

-1.5%

Higher net margin than 38% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

98th percentile

$99,913

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 24.4% of source-year revenue.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

41st percentile

-1.9%

Faster asset growth than 41% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

67th percentile

15%

Faster revenue growth than 67% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$313,094

Down $59,420 (-16%) from 2023

Net Assets

Down

$313,094

Down $59,420 (-16%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Up

$409,882

Up $30,711 (+8.1%) from 2023

Expenses

Up

$416,062

Up $60,728 (+17%) from 2023

Net Income

Down

-$6,180

Down $30,017 (-126%) from 2023

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: $169,590Liabilities 2011: $2,805Net Assets 2011: $166,7852011Assets 2012: $169,354Liabilities 2012: $1,607Net Assets 2012: $167,7472012Assets 2013: $183,506Liabilities 2013: $1,662Net Assets 2013: $181,8442013Assets 2014: $192,393Liabilities 2014: $0Net Assets 2014: $192,3932014Assets 2015: $212,574Liabilities 2015: $0Net Assets 2015: $212,5742015Assets 2016: $229,944Liabilities 2016: $0Net Assets 2016: $229,9442016Assets 2017: $224,831Liabilities 2017: $0Net Assets 2017: $224,8312017Assets 2018: $246,687Liabilities 2018: $0Net Assets 2018: $246,6872018Assets 2019: $248,515Liabilities 2019: $0Net Assets 2019: $248,5152019Assets 2020: $268,094Liabilities 2020: $0Net Assets 2020: $268,0942020Assets 2021: $275,610Liabilities 2021: $0Net Assets 2021: $275,6102021Assets 2022: $348,677Liabilities 2022: $0Net Assets 2022: $348,6772022Assets 2023: $372,514Liabilities 2023: $0Net Assets 2023: $372,5142023Assets 2025: $313,094Liabilities 2025: $0Net Assets 2025: $313,0942025

Highlighted filing

2025

Assets$313,094
Liabilities$0
Net Assets$313,094

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $294,294Expenses 2011: $297,732Net Income 2011: -$3,4382011Revenue 2012: $303,741Expenses 2012: $299,687Net Income 2012: $4,0542012Revenue 2013: $337,742Expenses 2013: $323,645Net Income 2013: $14,0972013Revenue 2014: $345,396Expenses 2014: $333,103Net Income 2014: $12,2932014Revenue 2015: $343,318Expenses 2015: $323,137Net Income 2015: $20,1812015Revenue 2016: $348,079Expenses 2016: $330,709Net Income 2016: $17,3702016Revenue 2017: $327,673Expenses 2017: $332,786Net Income 2017: -$5,1132017Revenue 2018: $353,425Expenses 2018: $331,569Net Income 2018: $21,8562018Revenue 2019: $352,647Expenses 2019: $350,819Net Income 2019: $1,8282019Revenue 2020: $303,959Expenses 2020: $284,380Net Income 2020: $19,5792020Revenue 2021: $363,576Expenses 2021: $356,060Net Income 2021: $7,5162021Revenue 2022: $375,808Expenses 2022: $302,741Net Income 2022: $73,0672022Revenue 2023: $379,171Expenses 2023: $355,334Net Income 2023: $23,8372023Revenue 2025: $409,882Expenses 2025: $416,062Net Income 2025: -$6,1802025

Highlighted filing

2025

Revenue$409,882
Expenses$416,062
Net Income-$6,180
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 26, 2026
Return Version
2025v4.0
Gross Receipts
$444,637
Mission and Program Overview

Mission

To improve the health and well-being of community members through increased physical fitness via swimming, competition and education about the benefits of swimming.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$173,968$270,753▲ $96,785
Cash and Non-Interest-Bearing Accounts$145,306$42,341▼ $102,965
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-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$319,274$313,094▼ $6,180
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$319,274$313,094▼ $6,180
Total Net Assets Fund Balance$319,274$313,094▼ $6,180
Total Liabilities and Net Assets / Fund Balance$319,274$313,094▼ $6,180

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$7,092$7,092
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Matt ZachanCEOFT$99,913$99,913
Sally HamiltonFinance DirectorPT$19,602$19,602

Board Members and Trustees

NameTitle
Brian BolzPresident
Stacey BrezingVice President
Chris ScheuringMember-at-Large
Kent AndersonMember-at-Large
Mark SchwartzMember-at-Large
Joe GraftonSecretary
Doug StephensTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$11,879
Program Service Revenue
$337,366
Investment Income
$9,800
Other Revenue
$50,837
All Other Contributions
$11,879
Change in Net Assets
$-6,180
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$236,591
Other Expenses$179,471
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$138,382--$138,382
Current Officers, Directors, Trustees, and Key Employees$99,913$19,602-$119,515
Other Salaries and Wages$79,467$500-$79,967
Other Employee Benefits$19,149$855-$20,004
Payroll Taxes$15,451$1,654-$17,105
Fees for Services Other$2,500$10,204-$12,704
Office Expenses$1,708$6,998-$8,706
All Other Expenses$2,328$374-$2,702
Payment Travel Entrtnmnt Publicly Ofcl$2,522--$2,522
Other Expenses$1,912--$1,912
Fees for Services Accounting-$1,850-$1,850
Advertising$1,761--$1,761
Insurance-$910-$910
Information Technology$480--$480
Total Functional Expenses$373,115$42,947$0$416,062
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$85,592
Fundraising Direct Expenses$34,755
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Berryessa$44,792$44,792$29,985$14,807
Big Day of Giving$30,030$30,030$354$29,676
Total Events$82,443$82,443$32,743$49,700
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Electronic copy of form 990 is provided to the executive committee and finance manager for review and approval. Once approved an executive officer signs the 8879-eo to authorize electronic filing.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Davis Aquatic Masters
EIN
94-2412714
Phone
5307577946
Address
PO BOX 921, DAVIS, CA 95617

Signing Officer

Name
Sally Hamilton
Title
Finance Director
Signed
2026-02-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sally Hamilton
Formed
2011
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
28
Volunteers
120

Preparer

Firm
Nelson & Associates CPAs
Address
2230 Longport Ct Ste 110, Elk Grove, CA 95758
Preparer
Michelle Nelson CPA CFE MST
Phone
9162996800
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt079467
IRS990/OtherSalariesAndWagesGrp/TotalAmt079967
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01654
IRS990/PayrollTaxesGrp/ProgramServicesAmt015451
IRS990/PayrollTaxesGrp/TotalAmt017105
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Sally Hamilton
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Competition Award Income
IRS990/ProgramServiceRevenueGrp/Desc1Participation Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0100
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1337266
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1337266
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt070001
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt07448
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt02522
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt02522
IRS990/PYOtherExpensesAmt0213063
IRS990/PYOtherRevenueAmt025666
IRS990/PYProgramServiceRevenueAmt0253269
IRS990/PYRevenuesLessExpensesAmt0-52923
IRS990/PYSalariesCompEmpBnftPaidAmt0196244
IRS990/PYTotalExpensesAmt0409307
IRS990/PYTotalRevenueAmt0356384
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-6180
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0173968
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0270753
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0349245
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0388744
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0309867
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0307951
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0316829
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01672636
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt09800
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt07448
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06236
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0571
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0689
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt024744
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt050837
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt062868
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt067286
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt046058
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0227049
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt09800
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07448
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06236
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0571
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0689
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt024744
IRS990ScheduleA/InvestmentIncomeCYPct00.01290
IRS990ScheduleA/InvestmentIncomePYPct00.00820
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98710
IRS990ScheduleA/PublicSupportPY509Pct00.99180
IRS990ScheduleA/PublicSupportTotal509Amt01899685
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0400082
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0388744
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0372735
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0375237
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0362887
IRS990ScheduleA/Total509Grp/TotalAmt01899685
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0409882
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0396192
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0378971
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0375808
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0363576
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01924429
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07092
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07092
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt032743
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Berryessa
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Big Day of Giving
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt044792
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt030030
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt07621
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt082443
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt044792
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt030030
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt07621
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt082443
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt049700
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt02404
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt032743
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt029985
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0354
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ELECTRONIC COPY OF FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE AND FINANCE MANAGER FOR REVIEW AND APPROVAL. ONCE APPROVED AN EXECUTIVE OFFICER SIGNS THE 8879-EO TO AUTHORIZE ELECTRONIC FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0319274
IRS990/TotalAssetsEOYAmt0313094
IRS990/TotalAssetsGrp/BOYAmt0319274
IRS990/TotalAssetsGrp/EOYAmt0313094
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt011879
IRS990/TotalEmployeeCnt028

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.$3.13$0.00$3.13$4.10$4.16$0.06
2023Summary only. Only limited summary data is available for this year.$3.73$0.00$3.73$3.79$3.55$0.24
2022Summary only. Only limited summary data is available for this year.$3.49$0.00$3.49$3.76$3.03$0.73
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$0.00$2.76$3.64$3.56$0.08
2020Summary only. Only limited summary data is available for this year.$2.68$0.00$2.68$3.04$2.84$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$0.00$2.49$3.53$3.51$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.47$0.00$2.47$3.53$3.32$0.22
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.25$0.00$2.25$3.28$3.33$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$0.00$2.30$3.48$3.31$0.17
2015Detailed filing. Detailed filing data is available for this year.$2.13$0.00$2.13$3.43$3.23$0.20
2014Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$3.45$3.33$0.12
2013Summary only. Only limited summary data is available for this year.$1.84$0.02$1.82$3.38$3.24$0.14
2012Summary only. Only limited summary data is available for this year.$1.69$0.02$1.68$3.04$3.00$0.04
2011Summary only. Only limited summary data is available for this year.$1.70$0.03$1.67$2.94$2.98$0.03