Civic Intelligence

Peirce Extended Day Program Inc.

990 • Fiscal year 2014 • EIN 04-2628077

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 22, 2014

170 Temple StreetWest Newton, MA 02465

(617) 332-5881

Siviq Scores

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

Liabilities / Assets

65th percentile

0.15x

Higher debt load relative to assets than 65% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

63rd percentile

0.10x

Higher debt load relative to revenue than 63% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

42nd percentile

0.6%

Higher net margin than 42% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

64th percentile

7.9%

Faster asset growth than 64% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

52nd percentile

5.4%

Faster revenue growth than 52% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2014

Assets

Up

$387,835

Up $28,446 (+7.9%) from 2013

Net Assets

Up

$328,014

Up $3,187 (+1.0%) from 2013

Liabilities

Up

$59,821

Up $25,259 (+73%) from 2013

Revenue

Up

$575,363

Up $32,898 (+6.1%) from 2013

Expenses

Up

$572,176

Up $47,465 (+9.0%) from 2013

Net Income

Down

$3,187

Down $14,567 (-82%) from 2013

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: $291,353Liabilities 2011: $28,318Net Assets 2011: $263,0352011Assets 2012: $341,196Liabilities 2012: $34,123Net Assets 2012: $307,0732012Assets 2013: $359,389Liabilities 2013: $34,562Net Assets 2013: $324,8272013Assets 2014: $387,835Liabilities 2014: $59,821Net Assets 2014: $328,0142014Assets 2015: $407,588Liabilities 2015: $63,595Net Assets 2015: $343,9932015Assets 2016: $465,607Liabilities 2016: $72,817Net Assets 2016: $392,7902016Assets 2017: $488,616Liabilities 2017: $67,937Net Assets 2017: $420,6792017Assets 2018: $535,452Liabilities 2018: $72,403Net Assets 2018: $463,0492018Assets 2019: $607,597Liabilities 2019: $84,297Net Assets 2019: $523,3002019Assets 2020: $673,170Liabilities 2020: $111,144Net Assets 2020: $562,0262020Assets 2021: $702,618Liabilities 2021: $155,753Net Assets 2021: $546,8652021Assets 2022: $882,413Liabilities 2022: $74,081Net Assets 2022: $808,3322022Assets 2023: $1,021,364Liabilities 2023: $82,372Net Assets 2023: $938,9922023Assets 2024: $1,146,112Liabilities 2024: $113,428Net Assets 2024: $1,032,6842024

Highlighted filing

2014

Assets$387,835
Liabilities$59,821
Net Assets$328,014

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $491,885Expenses 2011: $449,487Net Income 2011: $42,3982011Expenses 2012: $498,6652012Revenue 2013: $542,465Expenses 2013: $524,711Net Income 2013: $17,7542013Revenue 2014: $575,363Expenses 2014: $572,176Net Income 2014: $3,1872014Revenue 2015: $666,198Expenses 2015: $650,219Net Income 2015: $15,9792015Revenue 2016: $729,958Expenses 2016: $681,161Net Income 2016: $48,7972016Revenue 2017: $663,970Expenses 2017: $636,081Net Income 2017: $27,8892017Revenue 2018: $713,815Expenses 2018: $671,445Net Income 2018: $42,3702018Revenue 2019: $778,456Expenses 2019: $718,205Net Income 2019: $60,2512019Revenue 2020: $753,983Expenses 2020: $715,257Net Income 2020: $38,7262020Revenue 2021: $539,487Expenses 2021: $554,648Net Income 2021: -$15,1612021Revenue 2022: $1,008,308Expenses 2022: $746,841Net Income 2022: $261,4672022Revenue 2023: $897,380Expenses 2023: $770,573Net Income 2023: $126,8072023Revenue 2024: $980,095Expenses 2024: $888,444Net Income 2024: $91,6512024

Highlighted filing

2014

Revenue$575,363
Expenses$572,176
Net Income$3,187
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 22, 2014
Return Version
2013v3.0
Gross Receipts
$582,409
Mission and Program Overview

Mission

To provide before and after school care services for children including educational and recreational activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$186,215$211,882▲ $25,667
Savings and Temporary Cash Investments$156,521$157,932▲ $1,411
Prepaid Expenses and Deferred Charges$9,691$10,544▲ $853
Land, Buildings, and Equipment, Net$5,772$5,827▲ $55
Pledges and Grants Receivable$863$879▲ $16
Accounts Receivable$327$771▲ $444
Total Assets$359,389$387,835▲ $28,446
Liabilities
Deferred Revenue$30,390$56,557▲ $26,167
Accounts Payable and Accrued Expenses$4,172$3,264▼ $908
Total Liabilities$34,562$59,821▲ $25,259
Net Assets / Fund Balance
Unrestricted Net Assets$324,827$328,014▲ $3,187
Total Net Assets Fund Balance$324,827$328,014▲ $3,187
Total Liabilities and Net Assets / Fund Balance$359,389$387,835▲ $28,446

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,466$4,337$8,803
Other Land Buildings$1,361$826$2,187
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathy LynnesExecutive DirectorFT$82,780$7,840$90,620

Board Members and Trustees

NameTitle
Elissa ShermanCo-president
Tracy SachsCo-president
Doug CorneliusVice President
Manjiri BhawalkarMember
Patrick ThrailkillMember
Regina Wing-joyceMember
Linda SanchesSecretary
Mike MinellaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,141
Program Service Revenue
$562,010
Investment Income
$1,646
Other Revenue
$3,566
All Other Contributions
$3,746
Change in Net Assets
$3,187

Audited Revenue Reconciliation

Revenue per Audited Statements
$575,363
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$575,363
Total Revenue per Form 990
$575,363
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$421,334
Other Expenses$114,871
Grants and Similar Amounts Paid$35,971
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$210,991$46,689-$257,680
Current Officers, Directors, Trustees, and Key Employees$9,062$81,559-$90,621
Other Employee Benefits$30,665$10,325-$40,990
Grants to Domestic Individuals$35,971--$35,971
Payroll Taxes$20,637$11,406-$32,043
Occupancy$17,010--$17,010
Office Expenses$5,584$5,584-$11,168
Insurance$6,915$3,822-$10,737
Fees for Services Accounting-$5,550-$5,550
Other Expenses$4,167$5,949-$4,167
All Other Expenses$1,241$1,041-$2,282
Depreciation Depletion$796$796-$1,592
Total Functional Expenses$399,455$172,721$0$572,176

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$572,176
Total Expenses per Audited Statements$572,176
Total Expenses per Form 990$572,176
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,612
Fundraising Direct Expenses$7,046
Professional Fundraising Fees$0
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
Audit committee
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, Part VI, Section B, Line 11

The finance committee of the board of directors will receive the draft form 990 for review and then will present it to the board of directors.

Form 990, Part VI, Section B, Line 12C

The board of directors reviews the policy annually.

Form 990, Part VI, Section B, Line 15

The finance and audit committee discusses and prepares a proposal for all staff salaries including the program director's salary. The budget committee often get information from salary surveys done by the newton after school association. The proposal is presented to the board of directors who then vote on the proposal.

Form 990, Part VI, Section C, Line 19

Peirce extended day program, inc. Makes all of their governing documents, policies and financial statements available to the public by appointment.

Filing and Contact Details

Filer

EIN
04-2628077
Phone
6173325881

Signing Officer

Name
Elissa Sherman
Title
Co-president
Phone
6178995335
Signed
2014-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elissa Sherman
Formed
1977
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
15
Volunteers
0

Preparer

Preparer
Michelle Goncalves
Phone
5082297900
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt08141
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt011792
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt012310
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt013249
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010302
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt055794
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01646
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01735
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01957
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02344
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02987
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt010669
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0562010
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0526080
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0519797
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0468422
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0397137
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02473446
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01646
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01735
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01957
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02344
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02987
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt010669
IRS990ScheduleA/InvestmentIncomeCYPct00.00420
IRS990ScheduleA/InvestmentIncomePYPct00.00570
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03566
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02858
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt08639
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt07870
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt03845
IRS990ScheduleA/OtherIncome509Grp/TotalAmt026778
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98540
IRS990ScheduleA/PublicSupportPY509Pct00.98330
IRS990ScheduleA/PublicSupportTotal509Amt02529240
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0570151
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0537872
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0532107
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0481671
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0407439
IRS990ScheduleA/Total509Grp/TotalAmt02529240
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0575363
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0542465
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0542703
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0491885
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0414271
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02566687
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt04466
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04337
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08803
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0572176
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01361
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0826
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02187
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0575363
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05827
IRS990ScheduleD/TotalExpensesPerForm990Amt0572176
IRS990ScheduleD/TotalRevenuePerForm990Amt0575363
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0575363
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0572176
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt035971
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0TUITION ASSISTANCE FOR THOSE WHO MEET LOW INCOME ELIGIBILITY GUIDELINES.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT FUNDS AND SCHOLARSHIPS ARE MONITORED CLOSELY BY THE SCHOLARSHIP COMMITTEE, INCLUDING THE EXECUTIVE DIRECTOR, WITH OVERSIGHT FROM THE BOARD OF DIRECTORS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS WILL RECEIVE THE DRAFT FORM 990 FOR REVIEW AND THEN WILL PRESENT IT TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS THE POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINANCE AND AUDIT COMMITTEE DISCUSSES AND PREPARES A PROPOSAL FOR ALL STAFF SALARIES INCLUDING THE PROGRAM DIRECTOR'S SALARY. THE BUDGET COMMITTEE OFTEN GET INFORMATION FROM SALARY SURVEYS DONE BY THE NEWTON AFTER SCHOOL ASSOCIATION. THE PROPOSAL IS PRESENTED TO THE BOARD OF DIRECTORS WHO THEN VOTE ON THE PROPOSAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PEIRCE EXTENDED DAY PROGRAM, INC. MAKES ALL OF THEIR GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY APPOINTMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0359389
IRS990/TotalAssetsEOYAmt0387835
IRS990/TotalAssetsGrp/BOYAmt0359389
IRS990/TotalAssetsGrp/EOYAmt0387835
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt08141
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0172721
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0399455
IRS990/TotalFunctionalExpensesGrp/TotalAmt0572176
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034562
IRS990/TotalLiabilitiesEOYAmt059821
IRS990/TotalLiabilitiesGrp/BOYAmt034562
IRS990/TotalLiabilitiesGrp/EOYAmt059821
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0324827
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0328014
IRS990/TotalOtherCompensationAmt07840
IRS990/TotalProgramServiceExpensesAmt0399455
IRS990/TotalProgramServiceRevenueAmt0562010
IRS990/TotalReportableCompFromOrgAmt082780
IRS990/TotalRevenueGrp/ExclusionAmt05212
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0562010
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0575363
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0359389
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0387835

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.15$0.11$1.03$0.98$0.89$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.02$0.08$0.94$0.90$0.77$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.88$0.07$0.81$1.01$0.75$0.26
2021Detailed filing. Detailed filing data is available for this year.$0.70$0.16$0.55$0.54$0.55$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.11$0.56$0.75$0.72$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.61$0.08$0.52$0.78$0.72$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.54$0.07$0.46$0.71$0.67$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.49$0.07$0.42$0.66$0.64$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.47$0.07$0.39$0.73$0.68$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.41$0.06$0.34$0.67$0.65$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.39$0.06$0.33$0.58$0.57$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.03$0.32$0.54$0.52$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.03$0.31$0.50
2011Summary only. Only limited summary data is available for this year.$0.29$0.03$0.26$0.49$0.45$0.04