Civic Intelligence

Pomona Valley Protective Association

990 • Fiscal year 2023 • EIN 95-6093496

Sep 01, 2022 to Aug 31, 2023 • Filed on Jul 10, 2024

300 W Foothill BlvdClaremont, CA 91711

(909) 621-3023

Siviq Scores

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

Liabilities / Assets

20th percentile

0.01x

Higher debt load relative to assets than 20% of similar nonprofits.

2023 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.07x

Higher debt load relative to revenue than 32% of similar nonprofits.

2023 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2023

Net Margin

71st percentile

24%

Higher net margin than 71% of similar nonprofits.

2023 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

37th percentile

$15,050

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2023 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2023

Asset Growth

66th percentile

8.8%

Faster asset growth than 66% of similar nonprofits.

2023 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-52%

Faster revenue growth than 7% of similar nonprofits.

2023 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$21,216,488

Up $1,716,123 (+8.8%) from 2022

Net Assets

Up

$21,093,877

Up $1,776,196 (+9.2%) from 2022

Liabilities

Down

$122,611

Down $60,073 (-33%) from 2022

Revenue

Down

$1,772,000

Down $1,929,125 (-52%) from 2022

Expenses

Up

$1,343,274

Up $178,800 (+15%) from 2022

Net Income

Down

$428,726

Down $2,107,925 (-83%) from 2022

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $2,211,809Liabilities 2010: $870,333Net Assets 2010: $1,341,4762010Assets 2011: $7,762,646Liabilities 2011: $2,070,703Net Assets 2011: $5,691,9432011Assets 2012: $8,207,110Liabilities 2012: $1,650,500Net Assets 2012: $6,556,6102012Assets 2013: $8,709,649Liabilities 2013: $1,202,575Net Assets 2013: $7,507,0742013Assets 2014: $9,853,115Liabilities 2014: $871,115Net Assets 2014: $8,982,0002014Assets 2015: $9,607,687Liabilities 2015: $31,989Net Assets 2015: $9,575,6982015Assets 2016: $9,813,093Liabilities 2016: $46,147Net Assets 2016: $9,766,9462016Assets 2017: $11,626,693Liabilities 2017: $145,204Net Assets 2017: $11,481,4892017Assets 2018: $12,934,820Liabilities 2018: $202,503Net Assets 2018: $12,732,3172018Assets 2019: $14,736,819Liabilities 2019: $129,076Net Assets 2019: $14,607,7432019Assets 2020: $16,139,213Liabilities 2020: $39,450Net Assets 2020: $16,099,7632020Assets 2021: $19,292,932Liabilities 2021: $142,124Net Assets 2021: $19,150,8082021Assets 2022: $19,500,365Liabilities 2022: $182,684Net Assets 2022: $19,317,6812022Assets 2023: $21,216,488Liabilities 2023: $122,611Net Assets 2023: $21,093,8772023Assets 2024: $24,009,559Liabilities 2024: $245,221Net Assets 2024: $23,764,3382024Assets 2025: $28,058,705Liabilities 2025: $1,594,935Net Assets 2025: $26,463,7702025

Highlighted filing

2023

Assets$21,216,488
Liabilities$122,611
Net Assets$21,093,877

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $605,6622010Expenses 2011: $559,0642011Expenses 2012: $608,1632012Expenses 2013: $1,177,1772013Revenue 2014: $1,819,452Expenses 2014: $736,960Net Income 2014: $1,082,4922014Revenue 2015: $1,770,626Expenses 2015: $540,832Net Income 2015: $1,229,7942015Revenue 2016: $493,773Expenses 2016: $687,728Net Income 2016: -$193,9552016Revenue 2017: $1,485,527Expenses 2017: $567,484Net Income 2017: $918,0432017Revenue 2018: $2,272,160Expenses 2018: $660,337Net Income 2018: $1,611,8232018Revenue 2019: $2,325,835Expenses 2019: $778,601Net Income 2019: $1,547,2342019Revenue 2020: $2,968,063Expenses 2020: $1,232,852Net Income 2020: $1,735,2112020Revenue 2021: $2,851,369Expenses 2021: $1,174,489Net Income 2021: $1,676,8802021Revenue 2022: $3,701,125Expenses 2022: $1,164,474Net Income 2022: $2,536,6512022Revenue 2023: $1,772,000Expenses 2023: $1,343,274Net Income 2023: $428,7262023Revenue 2024: $1,765,448Expenses 2024: $1,513,891Net Income 2024: $251,5572024Revenue 2025: $3,214,037Expenses 2025: $1,111,560Net Income 2025: $2,102,4772025

Highlighted filing

2023

Revenue$1,772,000
Expenses$1,343,274
Net Income$428,726
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jul 10, 2024
Return Version
2022v5.0
Gross Receipts
$6,821,574
Mission and Program Overview

Mission

The association spreads water to replenish the underground water table.

The association's land is used to spread imported and local water supplies to replenhish the groundwater basin for beneficial use.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$19,259,760$21,035,956▲ $1,776,196
Investments in Publicly Traded Securities$17,652,157$19,882,321▲ $2,230,164
Land, Buildings, and Equipment, Net$1,092,823$1,073,057▼ $19,766
Savings and Temporary Cash Investments$345,213$184,434▼ $160,779
Accounts Receivable$401,848$69,809▼ $332,039
Cap Stk Tr Prin Current Funds$57,921$57,921→ $0
Prepaid Expenses and Deferred Charges$8,324$6,867▼ $1,457
Total Assets$19,500,365$21,216,488▲ $1,716,123
Liabilities
Accounts Payable and Accrued Expenses$182,684$122,611▼ $60,073
Total Liabilities$182,684$122,611▼ $60,073
Net Assets / Fund Balance
Total Net Assets Fund Balance$19,317,681$21,093,877▲ $1,776,196
Total Liabilities and Net Assets / Fund Balance$19,500,365$21,216,488▲ $1,716,123

Asset Categories

AssetBook ValueDepreciationBasis
Land$920,654-$920,654
Other Land Buildings$119,717$547,484$667,201
Equipment$32,686$43,450$76,136
Compensation and Service Providers

Employees

NameTitleBaseTotal
Golden State Water CoDirector$15,050$15,050
Steve LustroVice Preside$5,050$5,050
Katerine ParkerDirector$4,800$4,800
City of UplandDirector$4,500$4,500
Stephen M YossSec / CFO$3,300$3,300
Tim SandovalDirector$3,300$3,300
Victor PreciadoDirector$2,100$2,100
American States Water CoDirector$1,800$1,800

Board Members and Trustees

NameTitle
Ben LewisPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$408,254
Investment Income
$457,392
Other Revenue
$906,354
Change in Net Assets
$428,726

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,772,000
Revenue Not Reported on Form 990
$1,347,470
Total Revenue per Audited Statements
$3,119,470
Total Revenue per Form 990
$1,772,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,343,274
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
Occupancy$180,395--$180,395
Fees for Service Investment Mgmnt Fees$108,719$54,352-$163,071
Fees for Services Legal$88,688$9,854-$98,542
All Other Expenses$33,492$12,477-$45,969
Depreciation Depletion$43,524--$43,524
Fees for Services Accounting$21,100$21,100-$42,200
Other Expenses$39,933$25,713-$39,933
Fees for Services Management$31,920$7,980-$39,900
Fees for Services Lobbying$24,210$2,690-$26,900
Advertising$5,000$5,000-$10,000
Conferences and Meetings$2,475$619-$3,094
Office Expenses-$166-$166
Total Functional Expenses$1,203,323$139,951$0$1,343,274

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,343,274
Total Expenses per Audited Statements$1,343,274
Total Expenses per Form 990$1,343,274
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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 7A

The governing body is appointed by the shareholders.

Form 990, Page 6, Part VI, Line 8B

Committees don't have the authority to act on behalf of the governing body without the approval of the corporations board of directors.

Form 990, Page 6, Part VI, Line 11B

The 990 is prepared by a certified public accountant, reviewed by the seretary/treasurer and reviewed by the board of directors.

Form 990, Page 6, Part VI, Line 19

Through the california attorney generals office.

Filing and Contact Details

Filer

Filer Name
Pomona Valley
EIN
95-6093496
Phone
9096213023
Address
300 W FOOTHILL BLVD, CLAREMONT, CA 91711

Signing Officer

Name
Stephen M Yoss
Title
Sec / CFO
Phone
9096213023
Signed
2024-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ben Lewis
Formed
1910
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Yoss Allen Bernstein Lightfoot Llp
Address
300 W FOOTHILL BLVD, CLAREMONT, CA 91711
Preparer
John Allen
Phone
9096213023
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Real property taxes and depreciation on association land used for spreading imported water and captured rainfall for beneficial use.

Form 990, Part XI

Unrealized portfolio gains

Raw XML Appendix370 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.

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IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0274637
IRS990/ProgSrvcAccomActyOtherGrp/Desc0REAL PROPERTY TAXES AND DEPRECIATION ON ASSOCIATION LAND USED FOR SPREADING IMPORTED WATER AND CAPTURED RAINFALL FOR BENEFICIAL USE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0223919
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01472451
IRS990/PYOtherExpensesAmt01164474
IRS990/PYOtherRevenueAmt01783605
IRS990/PYProgramServiceRevenueAmt0445069
IRS990/PYRevenuesLessExpensesAmt02536651
IRS990/PYTotalExpensesAmt01164474
IRS990/PYTotalRevenueAmt03701125
IRS990/ReconcilationRevenueExpnssAmt0428726
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0408254
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0906354
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0906354
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt019259760
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt021035956
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0345213
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0184434
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt032686
IRS990ScheduleD/EquipmentGrp/DepreciationAmt043450
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt076136
IRS990ScheduleD/ExpensesSubtotalAmt01343274
IRS990ScheduleD/LandGrp/BookValueAmt0920654
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0920654
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01347470
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0119717
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0547484
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0667201
IRS990ScheduleD/RevenueNotReportedAmt01347470
IRS990ScheduleD/RevenueSubtotalAmt01772000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01073057
IRS990ScheduleD/TotalExpensesPerForm990Amt01343274
IRS990ScheduleD/TotalRevenuePerForm990Amt01772000
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03119470
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01343274
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REAL PROPERTY TAXES AND DEPRECIATION ON ASSOCIATION LAND USED FOR SPREADING IMPORTED WATER AND CAPTURED RAINFALL FOR BENEFICIAL USE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY IS APPOINTED BY THE SHAREHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMMITTEES DON'T HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY WITHOUT THE APPROVAL OF THE CORPORATIONS BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTANT, REVIEWED BY THE SERETARY/TREASURER AND REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THROUGH THE CALIFORNIA ATTORNEY GENERALS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UNREALIZED PORTFOLIO GAINS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt019500365
IRS990/TotalAssetsEOYAmt021216488
IRS990/TotalAssetsGrp/BOYAmt019500365
IRS990/TotalAssetsGrp/EOYAmt021216488
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0139951
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01203323
IRS990/TotalFunctionalExpensesGrp/TotalAmt01343274
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0182684
IRS990/TotalLiabilitiesEOYAmt0122611
IRS990/TotalLiabilitiesGrp/BOYAmt0182684
IRS990/TotalLiabilitiesGrp/EOYAmt0122611
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt019317681
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt021093877
IRS990/TotalOtherProgSrvcExpenseAmt0223919
IRS990/TotalProgramServiceExpensesAmt01203323
IRS990/TotalProgramServiceRevenueAmt0408254
IRS990/TotalReportableCompFromOrgAmt039900
IRS990/TotalRevenueGrp/ExclusionAmt02136965
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-364965
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01772000
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt019500365
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt021216488
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0300 W FOOTHILL BLVD
IRS990/USAddress/CityNm0CLAREMONT
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091711
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0POMONAVALLEYPROTECTIVE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN M YOSS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SEC / CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum09096213023
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POMONA VALLEY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PROTECTIVE ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0POMO
ReturnHeader/Filer/EIN0956093496
ReturnHeader/Filer/PhoneNum09096213023
ReturnHeader/Filer/USAddress/AddressLine1Txt0300 W FOOTHILL BLVD
ReturnHeader/Filer/USAddress/CityNm0CLAREMONT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091711
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0832856444
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0YOSS ALLEN BERNSTEIN LIGHTFOOT LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 W FOOTHILL BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CLAREMONT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091711
ReturnHeader/PreparerPersonGrp/PhoneNum09096213023
ReturnHeader/PreparerPersonGrp/PreparationDt02024-07-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN ALLEN
ReturnHeader/ReturnTs02024-07-15T14:50:04-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEPHEN M
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0YOSS
ReturnHeader/TaxPeriodBeginDt02022-09-01
ReturnHeader/TaxPeriodEndDt02023-08-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$28.1$1.59$26.5$3.21$1.11$2.10
2024Detailed filing. Detailed filing data is available for this year.$24.0$0.25$23.8$1.77$1.51$0.25
2023Detailed filing. Detailed filing data is available for this year.$21.2$0.12$21.1$1.77$1.34$0.43
2022Detailed filing. Detailed filing data is available for this year.$19.5$0.18$19.3$3.70$1.16$2.54
2021Detailed filing. Detailed filing data is available for this year.$19.3$0.14$19.2$2.85$1.17$1.68
2020Detailed filing. Detailed filing data is available for this year.$16.1$0.04$16.1$2.97$1.23$1.74
2019Detailed filing. Detailed filing data is available for this year.$14.7$0.13$14.6$2.33$0.78$1.55
2018Detailed filing. Detailed filing data is available for this year.$12.9$0.20$12.7$2.27$0.66$1.61
2017Detailed filing. Detailed filing data is available for this year.$11.6$0.15$11.5$1.49$0.57$0.92
2016Detailed filing. Detailed filing data is available for this year.$9.81$0.05$9.77$0.49$0.69$0.19
2015Detailed filing. Detailed filing data is available for this year.$9.61$0.03$9.58$1.77$0.54$1.23
2014Detailed filing. Detailed filing data is available for this year.$9.85$0.87$8.98$1.82$0.74$1.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.71$1.20$7.51$1.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.21$1.65$6.56$0.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.76$2.07$5.69$0.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.87$1.34$0.61