Civic Intelligence

Bit-By-Bit Inc.

990 • Fiscal year 2015 • EIN 03-0468799

Jan 01, 2015 to Dec 31, 2015 • Filed on May 24, 2016

515 NE 12th AvenueFort Lauderdale, FL 33301

(954) 471-6119

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.74x

Higher debt load relative to assets than 92% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

95th percentile

0.98x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

39th percentile

-0.6%

Higher net margin than 39% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

93rd percentile

$55,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 16.2% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

43rd percentile

-1.3%

Faster asset growth than 43% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

50th percentile

1.2%

Faster revenue growth than 50% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$452,818

Down $6,152 (-1.3%) from 2014

Net Assets

Down

$119,538

Down $1,914 (-1.6%) from 2014

Liabilities

Down

$333,280

Down $4,238 (-1.3%) from 2014

Revenue

Up

$340,287

Up $3,881 (+1.2%) from 2014

Expenses

Up

$342,201

Up $10,901 (+3.3%) from 2014

Net Income

Down

-$1,914

Down $7,020 (-137%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $180,201Liabilities 2011: $19,500Net Assets 2011: $160,7012011Assets 2012: $168,083Liabilities 2012: $28,261Net Assets 2012: $139,8222012Assets 2013: $140,787Liabilities 2013: $24,441Net Assets 2013: $116,3462013Assets 2014: $458,970Liabilities 2014: $337,518Net Assets 2014: $121,4522014Assets 2015: $452,818Liabilities 2015: $333,280Net Assets 2015: $119,5382015Assets 2016: $428,251Liabilities 2016: $371,638Net Assets 2016: $56,6132016Assets 2017: $527,028Liabilities 2017: $340,139Net Assets 2017: $186,8892017Assets 2018: $586,222Liabilities 2018: $334,663Net Assets 2018: $251,5592018Assets 2019: $630,529Liabilities 2019: $288,333Net Assets 2019: $342,1962019Assets 2020: $640,676Liabilities 2020: $279,140Net Assets 2020: $361,5362020Assets 2021: $641,708Liabilities 2021: $250,098Net Assets 2021: $391,6102021Assets 2022: $705,294Liabilities 2022: $223,249Net Assets 2022: $482,0452022Assets 2023: $810,050Liabilities 2023: $212,057Net Assets 2023: $597,9932023Assets 2024: $834,004Liabilities 2024: $76,197Net Assets 2024: $757,8072024Assets 2025: $1,029,041Liabilities 2025: $348,359Net Assets 2025: $680,6822025

Highlighted filing

2015

Assets$452,818
Liabilities$333,280
Net Assets$119,538

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $331,576Expenses 2011: $315,103Net Income 2011: $16,4732011Revenue 2012: $270,652Expenses 2012: $291,531Net Income 2012: -$20,8792012Revenue 2013: $285,992Expenses 2013: $309,468Net Income 2013: -$23,4762013Revenue 2014: $336,406Expenses 2014: $331,300Net Income 2014: $5,1062014Revenue 2015: $340,287Expenses 2015: $342,201Net Income 2015: -$1,9142015Revenue 2016: $298,568Expenses 2016: $352,876Net Income 2016: -$54,3082016Revenue 2017: $561,072Expenses 2017: $455,796Net Income 2017: $105,2762017Revenue 2018: $604,574Expenses 2018: $514,904Net Income 2018: $89,6702018Revenue 2019: $644,749Expenses 2019: $554,112Net Income 2019: $90,6372019Revenue 2020: $494,404Expenses 2020: $475,064Net Income 2020: $19,3402020Revenue 2021: $537,433Expenses 2021: $507,359Net Income 2021: $30,0742021Revenue 2022: $621,998Expenses 2022: $542,492Net Income 2022: $79,5062022Revenue 2023: $774,793Expenses 2023: $658,846Net Income 2023: $115,9472023Revenue 2024: $769,137Expenses 2024: $609,323Net Income 2024: $159,8142024Revenue 2025: $691,001Expenses 2025: $768,126Net Income 2025: -$77,1252025

Highlighted filing

2015

Revenue$340,287
Expenses$342,201
Net Income-$1,914
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 24, 2016
Return Version
2015v2.1
Gross Receipts
$370,914
Mission and Program Overview

Mission

Our mission is to improve the community by healing with the help of the horse,promoting independence for at risk youth, special needs people and disabledveterans, educating through mentoring the next generation and providing qualityhands-on learning opportunities that facilitate community involvement throughsuccessful and meaningful volunteer experiences.

At bit-by-bit, our mission is to heal, enrich, and empower the lives of special needs children and disabled veterans through medical therapy and the help of the horse.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$374,195$354,340▼ $19,855
Cash and Non-Interest-Bearing Accounts$34,154$60,126▲ $25,972
Savings and Temporary Cash Investments$20,763$25,767▲ $5,004
Accounts Receivable$29,858$12,585▼ $17,273
Total Assets$458,970$452,818▼ $6,152
Liabilities
Mortgage Notes Payable Secured by Investment Property$323,611$318,811▼ $4,800
Accounts Payable and Accrued Expenses$13,907$14,469▲ $562
Total Liabilities$337,518$333,280▼ $4,238
Net Assets / Fund Balance
Unrestricted Net Assets$121,452$119,538▼ $1,914
Total Net Assets Fund Balance$121,452$119,538▼ $1,914
Total Liabilities and Net Assets / Fund Balance$458,970$452,818▼ $6,152

Asset Categories

AssetBook ValueDepreciationBasis
Land$360,000-$360,000
Equipment$-5,660$61,057$55,397
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susan MarchSEC'Y/MEDICAPT$55,000$55,000
Kathleen PeguesPres./exec.FT$50,000$50,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$87,635
Program Service Revenue
$274,310
Investment Income
$4
Other Revenue
$-21,662
All Other Contributions
$51,828
Change in Net Assets
$-1,914

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table151$41,160Fair Market Value
Food Inventory49$13,190Fair Market Value
Total Noncash Contributions200$54,350-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$229,838
Salaries, Compensation, and Employee Benefits$112,363
Total Fundraising Expense$11,008
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$70,000$25,000$10,000$105,000
Fees for Services Other$83,057$14,088-$97,145
Depreciation Depletion$20,858$1,098-$21,956
Interest-$16,072-$16,072
All Other Expenses$11,881$1,833$176$13,890
Payroll Taxes$4,911$1,752$700$7,363
Other Expenses$5,481$1,200$21$6,681
Fees for Services Accounting-$2,387-$2,387
Information Technology$1,133$212$71$1,416
Insurance$588$588-$1,176
Conferences and Meetings$75$38$37$150
Office Expenses$15$34$3$52
Total Functional Expenses$249,912$81,281$11,008$342,201
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$30,627
Fundraising Gross Income$8,965
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$44,772$8,965$22,302$-13,337
Total Events$44,772$8,965$30,627$-21,662
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
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

All board members review form 990 at board meeting and an electronic version is also sent for review.

Form 990, Page 6, Part VI, Line 12C

Policy is reviewed and discussed by board members and employees at meetings and any possible conflicts that arise are required to be disclosed.

Form 990, Page 6, Part VI, Line 15A

Review by finance committee & approved by board.

Form 990, Page 6, Part VI, Line 15B

Review by finance committee & approved by board.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Bit-by-bit Inc
EIN
03-0468799
Phone
9544716119
Address
515 NE 12TH AVENUE, FORT LAUDERDALE, FL 33301

Signing Officer

Name
Susan March
Title
Executive Director
Phone
9544716119
Signed
2016-05-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan March
Formed
2002
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
7
Employees
2
Volunteers
523

Preparer

Firm
Robbins & Landino Pa
Address
222 SE 10TH STREET, FORT LAUDERDALE, FL 33316
Preparer
Michael J Robbins
Phone
9544673100
Supplemental Narrative

Additional Explanations

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

In 2015, bit-by-bit therapeutic riding center worked with approximately 6,000 special needs children and disabled veterans with the help of the horse. All of the therapeutic services in our "horses for heroes" veteran rehabilitation program has been offered 100% free of charge to our veterans. We provided the following outcome oriented services for all ages: "horses for heroes" disabled veteran rehabilitation program: in partnership with veteran organizations like the miami va, we offer help and therapeutic services to our wounded heroes at absolutely no cost to them and their families. Equine assisted medical therapies: hippotherapy is a physical, occupational, and speech-language therapy treatment strategy that utilizes equine movement as part of an integrated intervention program to achieve functional outcomes. Therapeutic riding lessons: recreational adapted riding lessons for individuals with special needs by certified instructors who have completed specialized disability related training. Typical riding lessons: quality lessons for people without special challenges. Free volunteer riding lessons: given to at risk children in exchange for them participating in out volunteer program. Free student internships: we offered clinical internships to 148 students in 2015 at no charge to them or the various universities. We do this to mentor the next generation of health care professional and give them hands-on experience working with individuals with special needs in equine assisted activities and therapies. Education workshops & training: reduced cost and free workshops given to groups such as at-risk teens, medical professionals, retired and second career minded volunteers. This year our scholarship program had an extensive waiting list for all of our programs. We seek to move children and disabled veterans off of our waiting list and into the program but only with the community's financial support can we accomplish this. We seek to strengthen and expand our board of directors, make facility improvements, and strengthen our community partnerships in order to better serve the people with special needs that come to us for healing.

Form 990, Part IX, Line 11G

Contract services 83,057 14,088 0

Form 990, Part XI, Line 9

Special event expenses 8,267 special event donated supplies and materials expense 22,360 special event expenses -8,267 special event donated supplies and materials expense -22,360

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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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IRS990/Desc0SEE SCHEDULE O IN 2015, BIT-BY-BIT THERAPEUTIC RIDING CENTER WORKED WITH APPROXIMATELY 6,000 SPECIAL NEEDS CHILDREN AND DISABLED VETERANS WITH THE HELP OF THE HORSE. ALL OF THE THERAPEUTIC SERVICES IN OUR "HORSES FOR HEROES" VETERAN REHABILITATION PROGRAM HAS BEEN OFFERED 100% FREE OF CHARGE TO OUR VETERANS. WE PROVIDED THE FOLLOWING OUTCOME ORIENTED SERVICES FOR ALL AGES: "HORSES FOR HEROES" DISABLED VETERAN REHABILITATION PROGRAM: IN PARTNERSHIP WITH VETERAN ORGANIZATIONS LIKE THE MIAMI VA, WE OFFER HELP AND THERAPEUTIC SERVICES TO OUR WOUNDED HEROES AT ABSOLUTELY NO COST TO THEM AND THEIR FAMILIES. EQUINE ASSISTED MEDICAL THERAPIES: HIPPOTHERAPY IS A PHYSICAL, OCCUPATIONAL, AND SPEECH-LANGUAGE THERAPY TREATMENT STRATEGY THAT UTILIZES EQUINE MOVEMENT AS PART OF AN INTEGRATED INTERVENTION PROGRAM TO ACHIEVE FUNCTIONAL OUTCOMES. THERAPEUTIC RIDING LESSONS: RECREATIONAL ADAPTED RIDING LESSONS FOR INDIVIDUALS WITH SPECIAL NEEDS BY CERTIFIED INSTRUCTORS WHO HAVE COMPLETED SPECIALIZED DISABILITY RELATED TRAINING. TYPICAL RIDING LESSONS: QUALITY LESSONS FOR PEOPLE WITHOUT SPECIAL CHALLENGES. FREE VOLUNTEER RIDING LESSONS: GIVEN TO AT RISK CHILDREN IN EXCHANGE FOR THEM PARTICIPATING IN OUT VOLUNTEER PROGRAM. FREE STUDENT INTERNSHIPS: WE OFFERED CLINICAL INTERNSHIPS TO 148 STUDENTS IN 2015 AT NO CHARGE TO THEM OR THE VARIOUS UNIVERSITIES. WE DO THIS TO MENTOR THE NEXT GENERATION OF HEALTH CARE PROFESSIONAL AND GIVE THEM HANDS-ON EXPERIENCE WORKING WITH INDIVIDUALS WITH SPECIAL NEEDS IN EQUINE ASSISTED ACTIVITIES AND THERAPIES. EDUCATION WORKSHOPS & TRAINING: REDUCED COST AND FREE WORKSHOPS GIVEN TO GROUPS SUCH AS AT-RISK TEENS, MEDICAL PROFESSIONALS, RETIRED AND SECOND CAREER MINDED VOLUNTEERS. THIS YEAR OUR SCHOLARSHIP PROGRAM HAD AN EXTENSIVE WAITING LIST FOR ALL OF OUR PROGRAMS. WE SEEK TO MOVE CHILDREN AND DISABLED VETERANS OFF OF OUR WAITING LIST AND INTO THE PROGRAM BUT ONLY WITH THE COMMUNITY'S FINANCIAL SUPPORT CAN WE ACCOMPLISH THIS. WE SEEK TO STRENGTHEN AND EXPAND OUR BOARD OF DIRECTORS, MAKE FACILITY IMPROVEMENTS, AND STRENGTHEN OUR COMMUNITY PARTNERSHIPS IN ORDER TO BETTER SERVE THE PEOPLE WITH SPECIAL NEEDS THAT COME TO US FOR HEALING.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN 2015, BIT-BY-BIT THERAPEUTIC RIDING CENTER WORKED WITH APPROXIMATELY 6,000 SPECIAL NEEDS CHILDREN AND DISABLED VETERANS WITH THE HELP OF THE HORSE. ALL OF THE THERAPEUTIC SERVICES IN OUR "HORSES FOR HEROES" VETERAN REHABILITATION PROGRAM HAS BEEN OFFERED 100% FREE OF CHARGE TO OUR VETERANS. WE PROVIDED THE FOLLOWING OUTCOME ORIENTED SERVICES FOR ALL AGES: "HORSES FOR HEROES" DISABLED VETERAN REHABILITATION PROGRAM: IN PARTNERSHIP WITH VETERAN ORGANIZATIONS LIKE THE MIAMI VA, WE OFFER HELP AND THERAPEUTIC SERVICES TO OUR WOUNDED HEROES AT ABSOLUTELY NO COST TO THEM AND THEIR FAMILIES. EQUINE ASSISTED MEDICAL THERAPIES: HIPPOTHERAPY IS A PHYSICAL, OCCUPATIONAL, AND SPEECH-LANGUAGE THERAPY TREATMENT STRATEGY THAT UTILIZES EQUINE MOVEMENT AS PART OF AN INTEGRATED INTERVENTION PROGRAM TO ACHIEVE FUNCTIONAL OUTCOMES. THERAPEUTIC RIDING LESSONS: RECREATIONAL ADAPTED RIDING LESSONS FOR INDIVIDUALS WITH SPECIAL NEEDS BY CERTIFIED INSTRUCTORS WHO HAVE COMPLETED SPECIALIZED DISABILITY RELATED TRAINING. TYPICAL RIDING LESSONS: QUALITY LESSONS FOR PEOPLE WITHOUT SPECIAL CHALLENGES. FREE VOLUNTEER RIDING LESSONS: GIVEN TO AT RISK CHILDREN IN EXCHANGE FOR THEM PARTICIPATING IN OUT VOLUNTEER PROGRAM. FREE STUDENT INTERNSHIPS: WE OFFERED CLINICAL INTERNSHIPS TO 148 STUDENTS IN 2015 AT NO CHARGE TO THEM OR THE VARIOUS UNIVERSITIES. WE DO THIS TO MENTOR THE NEXT GENERATION OF HEALTH CARE PROFESSIONAL AND GIVE THEM HANDS-ON EXPERIENCE WORKING WITH INDIVIDUALS WITH SPECIAL NEEDS IN EQUINE ASSISTED ACTIVITIES AND THERAPIES. EDUCATION WORKSHOPS & TRAINING: REDUCED COST AND FREE WORKSHOPS GIVEN TO GROUPS SUCH AS AT-RISK TEENS, MEDICAL PROFESSIONALS, RETIRED AND SECOND CAREER MINDED VOLUNTEERS. THIS YEAR OUR SCHOLARSHIP PROGRAM HAD AN EXTENSIVE WAITING LIST FOR ALL OF OUR PROGRAMS. WE SEEK TO MOVE CHILDREN AND DISABLED VETERANS OFF OF OUR WAITING LIST AND INTO THE PROGRAM BUT ONLY WITH THE COMMUNITY'S FINANCIAL SUPPORT CAN WE ACCOMPLISH THIS. WE SEEK TO STRENGTHEN AND EXPAND OUR BOARD OF DIRECTORS, MAKE FACILITY IMPROVEMENTS, AND STRENGTHEN OUR COMMUNITY PARTNERSHIPS IN ORDER TO BETTER SERVE THE PEOPLE WITH SPECIAL NEEDS THAT COME TO US FOR HEALING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS REVIEW FORM 990 AT BOARD MEETING AND AN ELECTRONIC VERSION IS ALSO SENT FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2POLICY IS REVIEWED AND DISCUSSED BY BOARD MEMBERS AND EMPLOYEES AT MEETINGS AND ANY POSSIBLE CONFLICTS THAT ARISE ARE REQUIRED TO BE DISCLOSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEW BY FINANCE COMMITTEE & APPROVED BY BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REVIEW BY FINANCE COMMITTEE & APPROVED BY BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONTRACT SERVICES 83,057 14,088 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SPECIAL EVENT EXPENSES 8,267 SPECIAL EVENT DONATED SUPPLIES AND MATERIALS EXPENSE 22,360 SPECIAL EVENT EXPENSES -8,267 SPECIAL EVENT DONATED SUPPLIES AND MATERIALS EXPENSE -22,360
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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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.$1.03$0.35$0.68$0.69$0.77$0.08
2024Detailed filing. Detailed filing data is available for this year.$0.83$0.08$0.76$0.77$0.61$0.16
2023Detailed filing. Detailed filing data is available for this year.$0.81$0.21$0.60$0.77$0.66$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.71$0.22$0.48$0.62$0.54$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.64$0.25$0.39$0.54$0.51$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.64$0.28$0.36$0.49$0.48$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.63$0.29$0.34$0.64$0.55$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.59$0.33$0.25$0.60$0.51$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.53$0.34$0.19$0.56$0.46$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.37$0.06$0.30$0.35$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.45$0.33$0.12$0.34$0.34$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.46$0.34$0.12$0.34$0.33$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.14$0.02$0.12$0.29$0.31$0.02
2012Summary only. Only limited summary data is available for this year.$0.17$0.03$0.14$0.27$0.29$0.02
2011Summary only. Only limited summary data is available for this year.$0.18$0.02$0.16$0.33$0.32$0.02