Civic Intelligence

Richards Library

990 • Fiscal year 2017 • EIN 14-1364588

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 13, 2018

25 King StreetWarrensburg, NY 12885

(518) 623-2445

Siviq Scores

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

Liabilities / Assets

47th percentile

0.08x

Higher debt load relative to assets than 47% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

85th percentile

0.99x

Higher debt load relative to revenue than 85% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

7th percentile

-40%

Higher net margin than 7% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

40th percentile

$31,060

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 26.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

54th percentile

4.5%

Faster asset growth than 54% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

21st percentile

-9.1%

Faster revenue growth than 21% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,553,318

Up $67,008 (+4.5%) from 2016

Net Assets

Down

$1,435,805

Down $45,699 (-3.1%) from 2016

Liabilities

Up

$117,513

Up $112,708 (+2346%) from 2016

Revenue

Down

$118,136

Down $11,781 (-9.1%) from 2016

Expenses

Up

$165,789

Up $8,748 (+5.6%) from 2016

Net Income

Down

-$47,653

Down $20,529 (-76%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,115,260Liabilities 2011: $0Net Assets 2011: $2,115,2602011Assets 2012: $2,103,811Liabilities 2012: $0Net Assets 2012: $2,103,8112012Assets 2013: $2,231,598Liabilities 2013: $0Net Assets 2013: $2,231,5982013Assets 2014: $1,592,378Liabilities 2014: $80,284Net Assets 2014: $1,512,0932014Assets 2015: $1,509,799Liabilities 2015: $1,171Net Assets 2015: $1,508,6272015Assets 2016: $1,486,310Liabilities 2016: $4,805Net Assets 2016: $1,481,5042016Assets 2017: $1,553,318Liabilities 2017: $117,513Net Assets 2017: $1,435,8052017Assets 2018: $1,434,750Liabilities 2018: $5,127Net Assets 2018: $1,429,6232018Assets 2019: $1,570,935Liabilities 2019: $145,941Net Assets 2019: $1,424,9942019Assets 2020: $1,438,087Liabilities 2020: $4,209Net Assets 2020: $1,433,8782020Assets 2021: $1,458,552Liabilities 2021: $2,738Net Assets 2021: $1,455,8142021Assets 2022: $1,417,101Liabilities 2022: $5,444Net Assets 2022: $1,411,6572022Assets 2023: $1,395,657Liabilities 2023: $5,780Net Assets 2023: $1,389,8772023Assets 2024: $1,586,806Liabilities 2024: $205,541Net Assets 2024: $1,381,2652024

Highlighted filing

2017

Assets$1,553,318
Liabilities$117,513
Net Assets$1,435,805

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $81,343Expenses 2011: $72,605Net Income 2011: $8,7382011Revenue 2012: $57,351Expenses 2012: $73,764Net Income 2012: -$16,4132012Revenue 2013: $213,764Expenses 2013: $85,976Net Income 2013: $127,7882013Revenue 2014: $153,076Expenses 2014: $148,909Net Income 2014: $4,1672014Revenue 2015: $136,885Expenses 2015: $140,350Net Income 2015: -$3,4652015Revenue 2016: $129,917Expenses 2016: $157,041Net Income 2016: -$27,1242016Revenue 2017: $118,136Expenses 2017: $165,789Net Income 2017: -$47,6532017Revenue 2018: $181,479Expenses 2018: $184,094Net Income 2018: -$2,6152018Revenue 2019: $181,040Expenses 2019: $190,234Net Income 2019: -$9,1942019Revenue 2020: $197,370Expenses 2020: $190,748Net Income 2020: $6,6222020Revenue 2021: $261,410Expenses 2021: $239,474Net Income 2021: $21,9362021Revenue 2022: $226,219Expenses 2022: $270,376Net Income 2022: -$44,1572022Revenue 2023: $256,997Expenses 2023: $278,777Net Income 2023: -$21,7802023Revenue 2024: $269,401Expenses 2024: $278,013Net Income 2024: -$8,6122024

Highlighted filing

2017

Revenue$118,136
Expenses$165,789
Net Income-$47,653
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 13, 2018
Return Version
2017v2.2
Gross Receipts
$118,136
Mission and Program Overview

Mission

Not-for-profit free public library.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,339,946$1,306,803▼ $33,143
Cash and Non-Interest-Bearing Accounts$23,964$131,308▲ $107,344
Investments in Publicly Traded Securities$50,157$52,111▲ $1,954
Savings and Temporary Cash Investments$59,108$43,727▼ $15,381
Prepaid Expenses and Deferred Charges$3,000$2,767▼ $233
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,486,310$1,553,318▲ $67,008
Other Assets Total$10,135$16,602▲ $6,467
Liabilities
Deferred Revenue-$111,390-
Accounts Payable and Accrued Expenses$4,806$6,123▲ $1,317
Total Liabilities$4,806$117,513▲ $112,707
Net Assets / Fund Balance
Unrestricted Net Assets$1,479,512$1,381,701▼ $97,811
Permanently Rstr Net Assets$1,992$54,104▲ $52,112
Total Net Assets Fund Balance$1,481,504$1,435,805▼ $45,699
Total Liabilities and Net Assets / Fund Balance$1,486,310$1,553,318▲ $67,008

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,174,305$319,301$1,493,606
Other Land Buildings$82,498$388,708$471,206
Land$50,000-$50,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael SullivanDirectorFT$31,060$31,060
Becky LawlerTreasurerPT$2,500$2,500

Board Members and Trustees

NameTitle
Lillian CostaPresident
Bridget HoweVice President
Esther McTagueTrustee
John SchoederTrustee
Susan MatznerTrustee
Suzanne GlebesTrustee
Suzanne MarthinsTrustee
Elaine CowinSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$111,131
Program Service Revenue
$5,113
Investment Income
$1,892
Other Revenue
$0
All Other Contributions
$6,283
Change in Net Assets
$-47,653
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$91,244
Salaries, Compensation, and Employee Benefits$74,545
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$50,589--$50,589
Other Salaries and Wages$29,747$4,965-$34,712
Current Officers, Directors, Trustees, and Key Employees$31,060$2,500-$33,560
Insurance-$6,572-$6,572
Payroll Taxes$4,652$571-$5,223
Other Expenses$4,218$719-$4,218
All Other Expenses$3,554$166-$3,720
Fees for Services Accounting-$3,230-$3,230
Other Employee Benefits$935$115-$1,050
Total Functional Expenses$146,058$19,731$0$165,789
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
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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

Form 990 in its entirety, together with all supporting statements is made available to the board officers, library director and the board trustees. The review of Form 990 is conducted at a regularly scheduled board meeting.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annually, disclosure of interest that could give rise to conflicts of interest are disclosed in writing and updated in the interim, if applicable. Any action taken by the library, whether contracts of service or otherwise, are brought before the board for approval. If the possibility of a conflict(s) exists, that member(s) of the board is precluded from a vote of approval, abstaining from any vote.

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

The Library makes the related documents available if requested by the public.

Filing and Contact Details

Filer

Filer Name
The Richards Library
EIN
14-1364588
Address
25 King Street, Warrensburg, NY 12885

Signing Officer

Name
Bridget Howe
Title
Treasurer
Signed
2018-03-13
Discuss with paid preparer
Yes

Organization Details

Formed
1901
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
10
Volunteers
7

Preparer

Firm
Steven J Lubbe CPA PLLC
Address
187 Wolf Rd Suite 305, Albany, NY 12205
Preparer
Steven J Lubbe
Phone
5184549355
Supplemental Narrative

Financial Statement Notes

Part III, Line 4: Description of organization'S collections and how it furthers its purpose.

Donated local historical artifacts are displayed for educational purposes and maintained for preservation for future generations.

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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/OtherExpensesGrp/ManagementAndGeneralAmt0893
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1719
IRS990/OtherExpensesGrp/ProgramServicesAmt08291
IRS990/OtherExpensesGrp/ProgramServicesAmt16475
IRS990/OtherExpensesGrp/ProgramServicesAmt26537
IRS990/OtherExpensesGrp/ProgramServicesAmt34218
IRS990/OtherExpensesGrp/TotalAmt09184
IRS990/OtherExpensesGrp/TotalAmt17194
IRS990/OtherExpensesGrp/TotalAmt26537
IRS990/OtherExpensesGrp/TotalAmt34218
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04965
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt029747
IRS990/OtherSalariesAndWagesGrp/TotalAmt034712
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0571
IRS990/PayrollTaxesGrp/ProgramServicesAmt04652
IRS990/PayrollTaxesGrp/TotalAmt05223
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01992
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt054104
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02767
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0519100
IRS990/ProgramServiceRevenueGrp/Desc0Fines\library services
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05113
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05113
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0121506
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02961
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt087920
IRS990/PYProgramServiceRevenueAmt05451
IRS990/PYRevenuesLessExpensesAmt0-27124
IRS990/PYSalariesCompEmpBnftPaidAmt069122
IRS990/PYTotalExpensesAmt0157042
IRS990/PYTotalRevenueAmt0129918
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-47653
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05113
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt059108
IRS990/SavingsAndTempCashInvstGrp/EOYAmt043727
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt013031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt023406
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt032783
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt026825
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt012375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0108420
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.96190
IRS990ScheduleA/PublicSupportTotal170Amt0598920
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt098100
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt098100
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt098100
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt098100
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt098100
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt0490500
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0111131
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0121506
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0130883
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0124925
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0110475
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0598920
IRS990ScheduleA/TotalSupportAmt0598920
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt010135
IRS990ScheduleD/BuildingsGrp/BookValueAmt01174305
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0319301
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01493606
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedLoanOrExchProgInd0X
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt082498
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0388708
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0471206
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Donated local historical artifacts are displayed for educational purposes and maintained for preservation for future generations.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III, Line 4: Description of organization's collections and how it furthers its purpose.
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01306803
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 in its entirety, together with all supporting statements is made available to the board officers, library director and the board trustees. The review of Form 990 is conducted at a regularly scheduled board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Annually, disclosure of interest that could give rise to conflicts of interest are disclosed in writing and updated in the interim, if applicable. Any action taken by the library, whether contracts of service or otherwise, are brought before the board for approval. If the possibility of a conflict(s) exists, that member(s) of the board is precluded from a vote of approval, abstaining from any vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Library makes the related documents available if requested by the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 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/TotalAssetsBOYAmt01486310
IRS990/TotalAssetsEOYAmt01553318
IRS990/TotalAssetsGrp/BOYAmt01486310
IRS990/TotalAssetsGrp/EOYAmt01553318
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0111131
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019731
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0146058
IRS990/TotalFunctionalExpensesGrp/TotalAmt0165789
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04806
IRS990/TotalLiabilitiesEOYAmt0117513
IRS990/TotalLiabilitiesGrp/BOYAmt04806
IRS990/TotalLiabilitiesGrp/EOYAmt0117513
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01481504
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01435805
IRS990/TotalProgramServiceExpensesAmt0146058
IRS990/TotalProgramServiceRevenueAmt05113
IRS990/TotalReportableCompFromOrgAmt033560
IRS990/TotalRevenueGrp/ExclusionAmt01892
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05113

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.59$0.21$1.38$0.27$0.28$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.40$0.01$1.39$0.26$0.28$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.42$0.01$1.41$0.23$0.27$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.26$0.24$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.43$0.20$0.19$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.57$0.15$1.42$0.18$0.19$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.43$0.01$1.43$0.18$0.18$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.55$0.12$1.44$0.12$0.17$0.05
2016Summary only. Only limited summary data is available for this year.$1.49$0.00$1.48$0.13$0.16$0.03
2015Summary only. Only limited summary data is available for this year.$1.51$0.00$1.51$0.14$0.14$0.00
2014Summary only. Only limited summary data is available for this year.$1.59$0.08$1.51$0.15$0.15$0.00
2013Summary only. Only limited summary data is available for this year.$2.23$0.00$2.23$0.21$0.09$0.13
2012Summary only. Only limited summary data is available for this year.$2.10$0.00$2.10$0.06$0.07$0.02
2011Summary only. Only limited summary data is available for this year.$2.12$0.00$2.12$0.08$0.07$0.01