Civic Intelligence

Downtown Canandaigua Business Management Association Inc

990 • Fiscal year 2013 • EIN 16-1434067

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 21, 2014

115 South Main Street14424

(585) 396-0300

Siviq Scores

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

Liabilities / Assets

77th percentile

0.17x

Higher debt load relative to assets than 77% of similar nonprofits.

2013 filings • NTEE S • <$500k nonprofits • Source year 2013

Liabilities / Revenue

68th percentile

0.05x

Higher debt load relative to revenue than 68% of similar nonprofits.

2013 filings • NTEE S • <$500k nonprofits • Source year 2013

Net Margin

53rd percentile

3.6%

Higher net margin than 53% of similar nonprofits.

2013 filings • NTEE S • <$500k nonprofits • Source year 2013

Top Officer Pay

83rd percentile

$30,961

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 26.2% of source-year revenue.

2013 filings • NTEE S • <$500k nonprofits • Source year 2013

Asset Growth

34th percentile

-5.7%

Faster asset growth than 34% of similar nonprofits.

2013 filings • NTEE S • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$32,012

Down $1,951 (-5.7%) from 2012

Net Assets

Up

$26,459

Up $4,290 (+19%) from 2012

Liabilities

Down

$5,553

Down $6,241 (-53%) from 2012

Revenue

$118,003

No earlier filing loaded for comparison.

Expenses

Down

$113,713

Down $6,644 (-5.5%) from 2012

Net Income

$4,290

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $33,028Liabilities 2011: $12,426Net Assets 2011: $20,6022011Assets 2012: $33,963Liabilities 2012: $11,794Net Assets 2012: $22,1692012Assets 2013: $32,012Liabilities 2013: $5,553Net Assets 2013: $26,4592013Assets 2014: $43,281Liabilities 2014: $613Net Assets 2014: $42,6682014Assets 2015: $30,835Liabilities 2015: $1,195Net Assets 2015: $29,6402015Assets 2016: $28,697Liabilities 2016: $1,731Net Assets 2016: $26,9662016Assets 2017: $32,777Liabilities 2017: $1,941Net Assets 2017: $30,8362017Assets 2018: $35,714Liabilities 2018: $3,036Net Assets 2018: $32,6782018Assets 2019: $34,083Liabilities 2019: $2,620Net Assets 2019: $31,4632019Assets 2020: $48,086Liabilities 2020: $3,889Net Assets 2020: $44,1972020Assets 2021: $69,954Liabilities 2021: $6,644Net Assets 2021: $63,3102021Assets 2022: $61,456Liabilities 2022: $5,702Net Assets 2022: $55,7542022Assets 2023: $90,234Liabilities 2023: $28,447Net Assets 2023: $61,7872023Assets 2024: $67,288Liabilities 2024: $13,430Net Assets 2024: $53,8582024

Highlighted filing

2013

Assets$32,012
Liabilities$5,553
Net Assets$26,459

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $144,4092011Expenses 2012: $120,3572012Revenue 2013: $118,003Expenses 2013: $113,713Net Income 2013: $4,2902013Revenue 2014: $106,641Expenses 2014: $90,432Net Income 2014: $16,2092014Revenue 2015: $112,718Expenses 2015: $125,746Net Income 2015: -$13,0282015Revenue 2016: $131,569Expenses 2016: $134,243Net Income 2016: -$2,6742016Revenue 2017: $127,295Expenses 2017: $123,425Net Income 2017: $3,8702017Revenue 2018: $138,420Expenses 2018: $136,578Net Income 2018: $1,8422018Revenue 2019: $178,303Expenses 2019: $179,518Net Income 2019: -$1,2152019Revenue 2020: $167,524Expenses 2020: $154,790Net Income 2020: $12,7342020Revenue 2021: $169,136Expenses 2021: $150,023Net Income 2021: $19,1132021Revenue 2022: $176,227Expenses 2022: $185,659Net Income 2022: -$9,4322022Revenue 2023: $191,704Expenses 2023: $185,976Net Income 2023: $5,7282023Revenue 2024: $222,867Expenses 2024: $227,520Net Income 2024: -$4,6532024

Highlighted filing

2013

Revenue$118,003
Expenses$113,713
Net Income$4,290
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 21, 2014
Return Version
2013v3.0
Gross Receipts
$118,003
Mission and Program Overview

Mission

Promote economic development in canandaigua, new york and assist in making improvements to the business district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,718$17,655▼ $5,063
Savings and Temporary Cash Investments-$13,657-
Accounts Receivable$6,500--
Cash and Non-Interest-Bearing Accounts$4,745--
Prepaid Expenses and Deferred Charges-$700-
Total Assets$33,963$32,012▼ $1,951
Liabilities
Mortgage Notes Payable Secured by Investment Property-$4,996-
Accounts Payable and Accrued Expenses$11,794$557▼ $11,237
Total Liabilities$11,794$5,553▼ $6,241
Net Assets / Fund Balance
Unrestricted Net Assets$22,169$26,459▲ $4,290
Total Net Assets Fund Balance$22,169$26,459▲ $4,290
Total Liabilities and Net Assets / Fund Balance$33,963$32,012▼ $1,951

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$10,884$11,333$22,217
Equipment$0$17,393$17,393
Other Land Buildings$6,771$8,275$15,046
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kathi NevinExecutive DirectorFT$30,961$30,961

Board Members and Trustees

NameTitle
James WolfePresident
Robin AlgerVice President
Bryan WhiteDirector
Chris CostelloDirector
Jeff AnthonyDirector
Paul HarveyDirector
Scott KadienDirector
Scott VelepecDirector
Stephen ColeDirector
Rick BrownSecretary
Chris KeysTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$97,034
Program Service Revenue
$16,063
Investment Income
$0
Other Revenue
$4,906
All Other Contributions
$100
Change in Net Assets
$4,290

Audited Revenue Reconciliation

Revenue per Audited Statements
$118,003
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$118,003
Total Revenue per Form 990
$118,003
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$57,486
Other Expenses$56,227
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$26,317$4,644-$30,961
Other Salaries and Wages$18,488$3,263-$21,751
Advertising$17,020$3,004-$20,024
Occupancy$9,090$1,604-$10,694
Insurance$4,422$780-$5,202
Depreciation Depletion$4,304$759-$5,063
Payroll Taxes$4,058$716-$4,774
Fees for Services Other$2,125$375-$2,500
Office Expenses$1,844$325-$2,169
Other Expenses$1,108$196-$1,304
Fees for Services Accounting$956$169-$1,125
All Other Expenses$751$132-$883
Interest$347$61-$408
Total Functional Expenses$96,657$17,056$0$113,713

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$113,713
Total Expenses per Audited Statements$113,713
Total Expenses per Form 990$113,713
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$2,396
Fundraising Direct Expenses$0
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
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
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, Part VI, Section B, Line 11

Form 990 was presented for review at a board meeting prior to filing

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

EIN
16-1434067
Phone
5853960300

Signing Officer

Name
Denise Chaapel
Title
President
Phone
5853960300
Signed
2014-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Denise Chaapel
Formed
1992
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
4
Volunteers
0

Preparer

Preparer
JOHN T O'BRIEN MBA MST
Phone
7166340700
Supplemental Narrative

Additional Explanations

FORM 990, PAGE 11, PART XII, 2C:

No change in oversight of audit or selection of independent accountant in current year.

Financial Statement Notes

PART X, LINE 2:

The association is exempt from federal income taxes under section 501(c)(3) of the internal revenue code (the code), therefore, no provision for income taxes is reflected in the financial statements. The association has been classified as a publicly supported organization and not a private foundation under section 509(a) of the code. The association presently discloses or recognizes income tax positions based on management's estimate of whether it is reasonably possible or probable that a liability has been incurred for unrecognized income taxes. Management has concluded that the association has taken no uncertain tax positions that require adjustment in its financial statements. U.s. Forms 990 filed by the association are subject to examination by taxing authorities. The association is no longer subject to examination for the years ended december 31, 2009, and prior.

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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/Form990PartVIISectionAGrp/PersonNm0JAMES WOLFE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541800
IRS990/ProgramServiceRevenueGrp/Desc0PROMOTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt016063
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt016063
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0101383
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt055998
IRS990/PYOtherRevenueAmt03426
IRS990/PYProgramServiceRevenueAmt017115
IRS990/PYRevenuesLessExpensesAmt01567
IRS990/PYSalariesCompEmpBnftPaidAmt064359
IRS990/PYTotalExpensesAmt0120357
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0121924
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt04290
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt02400
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt016173
IRS990/SavingsAndTempCashInvstGrp/EOYAmt013657
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt097034
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0101383
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0102035
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0129717
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0127567
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0557736
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0222486
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04906
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01501
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02476
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt054
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0735
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09672
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98300
IRS990ScheduleA/PublicSupportPY170Pct00.99150
IRS990ScheduleA/PublicSupportTotal170Amt0557736
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt097034
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0101383
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0102035
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0129717
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0127567
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0557736
IRS990ScheduleA/TotalSupportAmt0567408
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017393
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017393
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0113713
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010884
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011333
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt022217
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06771
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08275
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015046
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0118003
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE), THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE ASSOCIATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION AND NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE ASSOCIATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE ASSOCIATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE ASSOCIATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. THE ASSOCIATION IS NO LONGER SUBJECT TO EXAMINATION FOR THE YEARS ENDED DECEMBER 31, 2009, AND PRIOR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017655
IRS990ScheduleD/TotalExpensesPerForm990Amt0113713
IRS990ScheduleD/TotalRevenuePerForm990Amt0118003
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0118003
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0113713
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WAS PRESENTED FOR REVIEW AT A BOARD MEETING PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO CHANGE IN OVERSIGHT OF AUDIT OR SELECTION OF INDEPENDENT ACCOUNTANT IN CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 11, PART XII, 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt033963
IRS990/TotalAssetsEOYAmt032012
IRS990/TotalAssetsGrp/BOYAmt033963
IRS990/TotalAssetsGrp/EOYAmt032012
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt097034
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017056
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt096657
IRS990/TotalFunctionalExpensesGrp/TotalAmt0113713
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011794
IRS990/TotalLiabilitiesEOYAmt05553
IRS990/TotalLiabilitiesGrp/BOYAmt011794
IRS990/TotalLiabilitiesGrp/EOYAmt05553
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt022169
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt026459
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt096657
IRS990/TotalProgramServiceRevenueAmt016063
IRS990/TotalReportableCompFromOrgAmt030961
IRS990/TotalRevenueGrp/ExclusionAmt04796
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt016173
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0118003
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.13$0.54$2.23$2.28$0.05
2023Summary only. Only limited summary data is available for this year.$0.90$0.28$0.62$1.92$1.86$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.06$0.56$1.76$1.86$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.07$0.63$1.69$1.50$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.04$0.44$1.68$1.55$0.13
2019Summary only. Only limited summary data is available for this year.$0.34$0.03$0.31$1.78$1.80$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.03$0.33$1.38$1.37$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.02$0.31$1.27$1.23$0.04
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.02$0.27$1.32$1.34$0.03
2015Summary only. Only limited summary data is available for this year.$0.31$0.01$0.30$1.13$1.26$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.01$0.43$1.07$0.90$0.16
2013Detailed filing. Detailed filing data is available for this year.$0.32$0.06$0.26$1.18$1.14$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.12$0.22$1.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.12$0.21$1.44