Civic Intelligence

Graces Way Inc.

990 • Fiscal year 2023 • EIN 20-8337541

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 29, 2024

406 W Plum StreetGeorgetown, OH 45121

(937) 378-6041

Siviq Scores

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

Liabilities / Assets

74th percentile

0.04x

Higher debt load relative to assets than 74% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

90th percentile

0.33x

Higher debt load relative to revenue than 90% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

19th percentile

-21%

Higher net margin than 19% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

99th percentile

$156,501

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 323.2% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

44th percentile

-1.3%

Faster asset growth than 44% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

53rd percentile

7.1%

Faster revenue growth than 53% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$415,947

Down $5,416 (-1.3%) from 2022

Net Assets

Up

$399,940

Up $437,032 (+1178%) from 2022

Liabilities

Down

$16,007

Down $442,448 (-97%) from 2022

Revenue

Up

$48,423

Up $3,201 (+7.1%) from 2022

Expenses

Down

$58,392

Down $5,633 (-8.8%) from 2022

Net Income

Up

-$9,969

Up $8,834 (+47%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $499,168Liabilities 2011: $456,521Net Assets 2011: $42,6472011Assets 2012: $493,453Liabilities 2012: $456,198Net Assets 2012: $37,2552012Assets 2013: $483,170Liabilities 2013: $456,190Net Assets 2013: $26,9802013Assets 2014: $473,108Liabilities 2014: $456,395Net Assets 2014: $16,7132014Assets 2015: $465,036Liabilities 2015: $458,578Net Assets 2015: $6,4582015Assets 2016: $460,384Liabilities 2016: $460,524Net Assets 2016: -$1402016Assets 2017: $453,728Liabilities 2017: $460,878Net Assets 2017: -$7,1502017Assets 2018: $444,352Liabilities 2018: $457,419Net Assets 2018: -$13,0672018Assets 2019: $442,324Liabilities 2019: $456,566Net Assets 2019: -$14,2422019Assets 2020: $446,605Liabilities 2020: $458,022Net Assets 2020: -$11,4172020Assets 2021: $440,007Liabilities 2021: $458,296Net Assets 2021: -$18,2892021Assets 2022: $421,363Liabilities 2022: $458,455Net Assets 2022: -$37,0922022Assets 2023: $415,947Liabilities 2023: $16,007Net Assets 2023: $399,9402023Assets 2024: $403,228Liabilities 2024: $16,624Net Assets 2024: $386,6042024

Highlighted filing

2023

Assets$415,947
Liabilities$16,007
Net Assets$399,940

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $22,989Expenses 2011: $34,554Net Income 2011: -$11,5652011Revenue 2012: $29,425Expenses 2012: $34,817Net Income 2012: -$5,3922012Revenue 2013: $29,813Expenses 2013: $40,088Net Income 2013: -$10,2752013Revenue 2014: $29,686Expenses 2014: $39,953Net Income 2014: -$10,2672014Revenue 2015: $37,068Expenses 2015: $47,323Net Income 2015: -$10,2552015Revenue 2016: $38,246Expenses 2016: $44,844Net Income 2016: -$6,5982016Revenue 2017: $42,987Expenses 2017: $50,475Net Income 2017: -$7,4882017Revenue 2018: $43,608Expenses 2018: $49,525Net Income 2018: -$5,9172018Revenue 2019: $46,052Expenses 2019: $47,227Net Income 2019: -$1,1752019Revenue 2020: $49,165Expenses 2020: $46,340Net Income 2020: $2,8252020Revenue 2021: $47,083Expenses 2021: $53,955Net Income 2021: -$6,8722021Revenue 2022: $45,222Expenses 2022: $64,025Net Income 2022: -$18,8032022Revenue 2023: $48,423Expenses 2023: $58,392Net Income 2023: -$9,9692023Revenue 2024: $48,386Expenses 2024: $61,722Net Income 2024: -$13,3362024

Highlighted filing

2023

Revenue$48,423
Expenses$58,392
Net Income-$9,969
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 29, 2024
Return Version
2023v5.1
Gross Receipts
$48,423
Mission and Program Overview

Mission

To provide facilities & services designed to meet the physical, social and psychological needs for elderly & handicapped individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$367,410$351,685▼ $15,725
Cash and Non-Interest-Bearing Accounts$2,005$5,150▲ $3,145
Accounts Receivable$224--
Total Assets$421,363$415,947▼ $5,416
Other Assets Total$51,724$59,112▲ $7,388
Liabilities
Accounts Payable and Accrued Expenses$10,022$10,680▲ $658
Other Liabilities$448,433$5,327▼ $443,106
Total Liabilities$458,455$16,007▼ $442,448
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$447,000-
Net Assets Without Donor Restrictions$-37,092$-47,060▼ $9,968
Total Net Assets Fund Balance$-37,092$399,940▲ $437,032
Total Liabilities and Net Assets / Fund Balance$421,363$415,947▼ $5,416

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$329,061$212,238$541,299
Land$21,000-$21,000
Equipment$1,624$56$1,680
Other Assets Org$55,902--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Nancy DarbySecretary$99,957$99,957
Brittany BrierlyTrustee$72,743$72,743
Jewel JohnsonTrustee$68,627$68,627
Sandy AdkinsTrustee$65,432$65,432

Board Members and Trustees

NameTitle
Daniel WickerhamExecutive Director
Kim BrownTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$47,295
Investment Income
$35
Other Revenue
$1,093
Change in Net Assets
$-9,969
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$58,392
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
Depreciation Depletion$15,726--$15,726
Occupancy$12,125--$12,125
All Other Expenses$3,571--$3,571
Fees for Services Management-$3,460-$3,460
Fees for Services Accounting-$2,975-$2,975
Office Expenses-$2,375-$2,375
Other Expenses$1,615$4,338-$1,615
Insurance$1,127--$1,127
Information Technology-$863-$863
Advertising-$253-$253
Total Functional Expenses$43,528$14,864$0$58,392
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Residual Receipts$3,894
Tenant Security Deposits$1,433
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Abceo, inc. Provides management duties.

Form 990, Part VI, Section B, Line 11B

Form 990 is provided to the executive director for review prior to filing.

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

All contracts and purchases made during the year are reviewed for compliance with organization policies including conflict of interest policies. Directors are required to request a second approval for any purchase transactions.

Form 990, Part VI, Section B, Line 15

The organization reviews the board to determine it is independent.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and the financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Graces Way Inc
EIN
20-8337541
Phone
9373786041
Address
406 W PLUM STREET, GEORGETOWN, OH 45121

Signing Officer

Name
Daniel Wickerham
Title
Executive Director
Phone
9373786041
Signed
2024-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Wickerham
Formed
2007
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

Firm
Clark Schaefer Hackett & Co
Address
14 EAST MAIN STREET SUITE 500, SPRINGFIELD, OH 45502
Preparer
April Caulfield
Phone
9373992000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from prior year.

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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt047295
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt044574
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt046439
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt048540
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt045531
IRS990ScheduleA/Total509Grp/TotalAmt0232379
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt048423
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt045222
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt047083
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt049165
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt046052
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0235945
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0329061
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0212238
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0541299
IRS990ScheduleD/EquipmentGrp/BookValueAmt01624
IRS990ScheduleD/EquipmentGrp/DepreciationAmt056
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01680
IRS990ScheduleD/LandGrp/BookValueAmt021000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt021000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01433
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11777
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt255902
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01433
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13894
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RESIDUAL RECEIPTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0351685
IRS990ScheduleD/TotalBookValueOtherAssetsAmt059112
IRS990ScheduleD/TotalLiabilityAmt05327
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0119224
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt037277
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DANIEL WICKERHAM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0156501
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ABCEO, INC. PROVIDES MANAGEMENT DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PROVIDED TO THE EXECUTIVE DIRECTOR FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL CONTRACTS AND PURCHASES MADE DURING THE YEAR ARE REVIEWED FOR COMPLIANCE WITH ORGANIZATION POLICIES INCLUDING CONFLICT OF INTEREST POLICIES. DIRECTORS ARE REQUIRED TO REQUEST A SECOND APPROVAL FOR ANY PURCHASE TRANSACTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION REVIEWS THE BOARD TO DETERMINE IT IS INDEPENDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ABCEO INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0310710683
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MANAGEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GEORGETOWN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd045121
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt04530
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt14452
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ABCEO INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1ABCEO INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0421363
IRS990/TotalAssetsEOYAmt0415947
IRS990/TotalAssetsGrp/BOYAmt0421363
IRS990/TotalAssetsGrp/EOYAmt0415947
IRS990/TotalCompGreaterThan150KInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.03$0.17$3.87$0.48$0.62$0.13
2023Detailed filing. Detailed filing data is available for this year.$4.16$0.16$4.00$0.48$0.58$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.21$4.58$0.37$0.45$0.64$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.40$4.58$0.18$0.47$0.54$0.07
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.47$4.58$0.11$0.49$0.46$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.42$4.57$0.14$0.46$0.47$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.44$4.57$0.13$0.44$0.50$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.54$4.61$0.07$0.43$0.50$0.07
2016Detailed filing. Detailed filing data is available for this year.$4.60$4.61$0.00$0.38$0.45$0.07
2015Detailed filing. Detailed filing data is available for this year.$4.65$4.59$0.06$0.37$0.47$0.10
2014Detailed filing. Detailed filing data is available for this year.$4.73$4.56$0.17$0.30$0.40$0.10
2013Summary only. Only limited summary data is available for this year.$4.83$4.56$0.27$0.30$0.40$0.10
2012Summary only. Only limited summary data is available for this year.$4.93$4.56$0.37$0.29$0.35$0.05
2011Summary only. Only limited summary data is available for this year.$4.99$4.57$0.43$0.23$0.35$0.12