Civic Intelligence

Greater Newark Conservancy Inc.

990 • Fiscal year 2021 • EIN 22-2691309

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 09, 2021

32 Prince StreetNewark, NJ 07103

(973) 642-4646

Siviq Scores

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

Liabilities / Assets

18th percentile

0.01x

Higher debt load relative to assets than 18% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

38th percentile

0.14x

Higher debt load relative to revenue than 38% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

10th percentile

-13%

Higher net margin than 10% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

28th percentile

$114,185

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

18th percentile

-1.6%

Faster asset growth than 18% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-56%

Faster revenue growth than 3% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Down

$12,907,230

Down $211,805 (-1.6%) from 2020

Net Assets

Down

$12,717,341

Down $179,218 (-1.4%) from 2020

Liabilities

Down

$189,889

Down $32,587 (-15%) from 2020

Revenue

Down

$1,398,315

Down $1,798,357 (-56%) from 2020

Expenses

Down

$1,577,533

Down $85,615 (-5.1%) from 2020

Net Income

Down

-$179,218

Down $1,712,742 (-112%) from 2020

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $10,509,128Liabilities 2010: $876,789Net Assets 2010: $9,632,3392010Assets 2011: $10,438,264Liabilities 2011: $635,763Net Assets 2011: $9,802,5012011Assets 2012: $10,372,476Liabilities 2012: $575,196Net Assets 2012: $9,797,2802012Assets 2013: $10,324,182Liabilities 2013: $590,311Net Assets 2013: $9,733,8712013Assets 2014: $11,029,574Liabilities 2014: $1,003,360Net Assets 2014: $10,026,2142014Assets 2015: $11,590,267Liabilities 2015: $494,151Net Assets 2015: $11,096,1162015Assets 2016: $11,232,149Liabilities 2016: $521,877Net Assets 2016: $10,710,2722016Assets 2017: $10,457,022Liabilities 2017: $166,128Net Assets 2017: $10,290,8942017Assets 2018: $10,402,222Liabilities 2018: $120,484Net Assets 2018: $10,281,7382018Assets 2019: $11,503,051Liabilities 2019: $140,016Net Assets 2019: $11,363,0352019Assets 2020: $13,119,035Liabilities 2020: $222,476Net Assets 2020: $12,896,5592020Assets 2021: $12,907,230Liabilities 2021: $189,889Net Assets 2021: $12,717,3412021Assets 2022: $13,066,036Liabilities 2022: $169,327Net Assets 2022: $12,896,7092022Assets 2023: $12,527,506Liabilities 2023: $187,096Net Assets 2023: $12,340,4102023Assets 2024: $15,143,825Liabilities 2024: $224,431Net Assets 2024: $14,919,3942024Assets 2025: $13,459,483Liabilities 2025: $150,962Net Assets 2025: $13,308,5212025

Highlighted filing

2021

Assets$12,907,230
Liabilities$189,889
Net Assets$12,717,341

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,405,1632010Expenses 2011: $1,685,2842011Revenue 2012: $1,757,094Expenses 2012: $1,769,832Net Income 2012: -$12,7382012Expenses 2013: $1,910,6232013Revenue 2014: $2,442,248Expenses 2014: $2,161,107Net Income 2014: $281,1412014Revenue 2015: $3,179,158Expenses 2015: $2,122,200Net Income 2015: $1,056,9582015Revenue 2016: $1,864,951Expenses 2016: $2,145,903Net Income 2016: -$280,9522016Revenue 2017: $1,960,527Expenses 2017: $2,379,905Net Income 2017: -$419,3782017Revenue 2018: $1,945,299Expenses 2018: $2,220,868Net Income 2018: -$275,5692018Revenue 2019: $3,177,087Expenses 2019: $2,095,790Net Income 2019: $1,081,2972019Revenue 2020: $3,196,672Expenses 2020: $1,663,148Net Income 2020: $1,533,5242020Revenue 2021: $1,398,315Expenses 2021: $1,577,533Net Income 2021: -$179,2182021Revenue 2022: $2,115,520Expenses 2022: $1,898,532Net Income 2022: $216,9882022Revenue 2023: $1,475,145Expenses 2023: $2,044,170Net Income 2023: -$569,0252023Revenue 2024: $5,212,515Expenses 2024: $2,664,159Net Income 2024: $2,548,3562024Revenue 2025: $1,810,962Expenses 2025: $3,422,769Net Income 2025: -$1,611,8072025

Highlighted filing

2021

Revenue$1,398,315
Expenses$1,577,533
Net Income-$179,218
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 9, 2021
Return Version
2020v4.0
Gross Receipts
$1,434,410
Mission and Program Overview

Mission

Greater newark conservancy promotes environmental stewardship to improve the quality of life in nj's urban areas. (see schedule o for details).

Greater newark conservancy promotes environmental stewardship to improve the quality of life in new jersey's urban communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,608,050$8,330,220▼ $277,830
Savings and Temporary Cash Investments$2,169,550$2,374,674▲ $205,124
Cash and Non-Interest-Bearing Accounts$619,447$1,138,850▲ $519,403
Pledges and Grants Receivable$1,695,154$1,039,949▼ $655,205
Accounts Receivable$15,412$11,347▼ $4,065
Prepaid Expenses and Deferred Charges$8,897$9,665▲ $768
Intangible Assets$2,525$2,525→ $0
Total Assets$13,119,035$12,907,230▼ $211,805
Liabilities
Accounts Payable and Accrued Expenses$139,034$91,379▼ $47,655
Deferred Revenue$83,442$50,000▼ $33,442
Other Liabilities-$48,510-
Total Liabilities$222,476$189,889▼ $32,587
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,306,097$9,211,341▼ $94,756
Net Assets With Donor Restrictions$3,590,462$3,506,000▼ $84,462
Total Net Assets Fund Balance$12,896,559$12,717,341▼ $179,218
Total Liabilities and Net Assets / Fund Balance$13,119,035$12,907,230▼ $211,805

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,196,027$2,096,368$10,292,395
Equipment$46,484$363,846$410,330
Land$74,325-$74,325
Leasehold Improvements$13,384$36,814$50,198
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robin DoughertyFormer ExecFT$95,018$19,167$114,185
Jagruti MehtaDirector ofFT$51,918$17,145$69,063

Board Members and Trustees

NameTitle
David J RosenbergCo-chair
Karen WexlerCo-chair
Mark W GordonVice-chair
Amber M RandolphBoard Member
Barbara MintzBoard Member
David GrantzBoard Member
Eugene Fredua-agyemanBoard Member
Jonathan PueschelBoard Member
Meghan E MillsBoard Member
Rachel SchwarzBoard Member
Richard WhittenBoard Member
Sam ConvissorBoard Member
Shelden Ogilvy PisaniBoard Member
Suzanne R DyerBoard Member
Ian BenjaminInterim Exec
Suzanne NuttSecretary
Sam HuberTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,333,336
Program Service Revenue
$59,454
Investment Income
$2,855
Other Revenue
$2,670
All Other Contributions
$924,527
Change in Net Assets
$-179,218

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,398,315
Total Revenue per Audited Statements
$1,398,315
Total Revenue per Form 990
$1,398,315
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$839,141
Other Expenses$738,392
Total Fundraising Expense$162,011
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$299,937$121,691$77,733$499,361
Depreciation Depletion$224,681$46,541$6,608$277,830
Current Officers, Directors, Trustees, and Key Employees$90,000$51,364$24,546$165,910
Fees for Services Other$70,950$32,514$13,150$116,614
Other Employee Benefits$63,427$28,466$15,595$107,488
Insurance$51,663$17,426$7,824$76,913
Occupancy$35,006$26,405$2,206$63,617
Payroll Taxes$33,324$14,943$8,383$56,650
Office Expenses$18,554$21,020$3,078$42,652
Travel$21,363$4,277-$25,640
Pension Plan Contributions$5,528$2,454$1,750$9,732
Other Expenses$1,178$2,463$1,138$1,178
All Other Expenses$400--$400
Conferences and Meetings$28--$28
Total Functional Expenses$1,042,420$373,102$162,011$1,577,533

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,577,533
Total Expenses per Audited Statements$1,577,533
Total Expenses per Form 990$1,577,533
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$36,095
Fundraising Gross Income$36,095
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$208,056$36,095$36,095$0
Total Events$208,056$36,095$36,095-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advances$48,510
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

After preparation of the 990 tax return, a draft copy is emailed to the board of directors, executive director, and finance director for review and approval.

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

In the annual meeting, the board members are required to sign a conflict of interest statement. When a conflict of interest is identified, the board member recuses themself from voting.

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

Executive director's salary is reviewed by the executive committee, who then recommends any salary change to the full board.

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

For all directors and officers, other than the executive director, the executive director reviews and recommends any changes. The executive committee conducts a review and comparison to market rates for the positions before setting a new salary rate.

Form 990, Page 6, Part VI, Line 19

The conflict of interest policy, audited financial statements, and all governing documents are kept on file and are available to the public upon written request. -

Form 990, Part VII

The following board members were appointed during the fiscal year ended june 30, 2021: board member appointment date meghan e. Mills 03-23-21 barbara mintz 01-26-21 richard whitten 11-10-20 the following board members resigned during the fiscal year ended june 30, 2021: board member resignation date jonathan pueschel 01-08-21 sam convissor 12-02-20 david grantz 01-21-21 robin dougherty resigned as executive director on may 14, 2021 and was replaced by ian benjamin on may 3, 2021 who is the interim executive director.

Filing and Contact Details

Filer

Filer Name
Greater Newark Conservancy Inc
EIN
22-2691309
Phone
9736424646
Address
32 PRINCE STREET, NEWARK, NJ 07103

Signing Officer

Name
Ian Benjamin
Title
Interim Exec. Direc.
Phone
9736424646
Signed
2021-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ian Benjamin
Formed
1987
Legal Domicile
Nj
Voting Board Members
13
Independent Board Members
13
Employees
34
Volunteers
146

Preparer

Firm
German Vreeland & Associates Llp
Address
2 RIDGEDALE AVE SUITE 300, CEDAR KNOLLS, NJ 07927-1119
Preparer
Victor Maisano CPA
Phone
9736052777
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Greater newark conservancy promotes environmental stewardship to improve the quality of life in new jersey's urban areas. Founded in 1987, the conservancy program areas include youth and family education, community greening and urban gardening, job training, environmental justice and emergency food distribution.

Form 990, Page 2, Part III, Line 2

In march 2020 the conservancy began the emergency food distribution program which is descibed in part iii, item 4c of the 990.

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

The conservancy's job training program, the newark youth leadership project ("nylp"), provides supervised training in horticulture, education, and urban farming for up to 25 newark high school youth each year, seeking to increase employability. The program provides participants with a sample of career options in various environmental fields, an appreciation for their urban environment, and opportunities for pursuing higher education. The conservancy has for many years provided job training programs specifically for ex-offenders. During the year ended june 30, 2020 the city bloom landscaping initiative, which provided job training experience for ex- offenders, was closed. The conservancy's environmental justice program builds partnerships with newark's residents to promote urban environmental issues and strives to empower them to recognize their ability to improve the city's environment.

Financial Statement Notes

Schedule D, Page 3, Part X

The conservancy follows fasb asc 740 "income taxes" which clarifies the accounting and recognition for tax positions taken or expected to be taken. The conservancy recognizes the tax benefits from uncertain tax positions only if it is more likely than not, based on the technical merits, that a tax position will be sustained upon examination by the taxing authority. For the year ended june 30, 2021, the conservancy has determined that there are no material uncertainties in income taxes. In addition, the conservancy has not incurred any income tax related penalties or interest for the year ended june 30, 2021, and is no longer subject to income tax examinations by the internal revenue service for the years prior to june 30, 2018.

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IRS990/Desc0THE CONSERVANCY'S YOUTH AND FAMILY EDUCATION PROGRAM ANNUALLY BRINGS INNOVATIVE, HANDS-ON, SCIENCE-BASED LESSONS AND FIELD TRIPS FOR SCHOOLCHILDREN FROM NEWARK AND ITS ENVIRONS. ADDITIONALLY, TEACHERS, PARENTS, SENIOR CITIZENS AND THE GENERAL PUBLIC ARE SERVED WITH NUTRITION AND OTHER PROGRAMS. PROGRAMMING FOCUSES ON THE URBAN ENVIRONMENT AND INCLUDES ACTIVITIES AT THE PRUDENTIAL OUTDOOR LEARNING CENTER IN DOWNTOWN NEWARK, THE CONSERVANCY'S SCHOOL GARDENS AND THE HAWTHORNE AVENUE URBAN FARM. ACTIVITIES INCLUDE IN-CLASS REVERSE FIELD TRIPS, LIVING LABORATORY OUTDOOR TEACHING GARDENS AT NEWARK SCHOOLS, NUTRITIONAL HEALTH LESSONS AND ACTIVITIES, AND FARM TO SCHOOL PROGRAMMING.
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IRS990/Form990PartVIISectionAGrp/PersonNm14MEGHAN E MILLS
IRS990/Form990PartVIISectionAGrp/PersonNm15RICHARD WHITTEN
IRS990/Form990PartVIISectionAGrp/PersonNm16IAN BENJAMIN
IRS990/Form990PartVIISectionAGrp/PersonNm17ROBIN DOUGHERTY
IRS990/Form990PartVIISectionAGrp/PersonNm18JAGRUTI MEHTA
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IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt16INTERIM EXEC
IRS990/Form990PartVIISectionAGrp/TitleTxt17FORMER EXEC
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR OF
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IRS990/MissionDesc0GREATER NEWARK CONSERVANCY PROMOTES ENVIRONMENTAL STEWARDSHIP TO IMPROVE THE QUALITY OF LIFE IN NEW JERSEY'S URBAN AREAS. FOUNDED IN 1987, THE CONSERVANCY PROGRAM AREAS INCLUDE YOUTH AND FAMILY EDUCATION, COMMUNITY GREENING AND URBAN GARDENING, JOB TRAINING, ENVIRONMENTAL JUSTICE AND EMERGENCY FOOD DISTRIBUTION.
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IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/Desc3SUPPLIES
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IRS990/ProgramServiceRevenueGrp/Desc0LANDSCAPING
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE CONSERVANCY'S COMMUNITY GREENING AND URBAN FARMING PROGRAM ANNUALLY SERVES NEWARK RESIDENTS THROUGH ITS COMMUNITY GARDENS WITH RESIDENT-ADOPTED PLANTING PLOTS; URBAN FARM LOTS THAT GENERATE FRESH, LOCAL PRODUCE; AND A FARM STAND OPERATION THAT MAKES NUTRITIOUS, HEALTHY FOODS AVAILABLE TO THE INNER-CITY POPULATION. THE CONSERVANCY'S 3.0 ACRE HAWTHORNE AVENUE URBAN FARM IN NEWARK IS A PRIMARY SOURCE OF FRESH PRODUCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0211452
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt059454
IRS990/ProgSrvcAccomActy3Grp/Desc0IMPACT OF COVID 19 PANDEMIC - BEGINNING IN MARCH 2020 AND FOR THE MAJORITY OF THE YEAR ENDED JUNE 30, 2021 MOST OF THE CONSERVANCY'S YOUTH AND FAMILY EDUCATION PROGRAMMING TRANSITIONED TO A VIRTUAL FORMAT AND AN EMERGENCY FOOD DISTRIBUTION PROGRAM WAS LAUNCHED, IN PARTNERSHIP WITH OTHER LOCAL AGENCIES. THE EMERGENCY FOOD DISTRIBUTION PROGRAM OPERATED WEEKLY FROM THE CONSERVANCY'S LOCATION IN DOWNTOWN NEWARK DISTRIBUTING FREE FOOD AND REACHING 1,500 SENIORS AND 500 FAMILIES IN NEED. THROUGH THE COURSE OF THE INITIATIVE OVER ONE MILLION POUNDS OF FOOD WAS DISTRIBUTED WITH THE ASSISTANCE OF APPROXIMATELY 50 VOLUNTEERS EACH WEEK.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0194252
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE CONSERVANCY'S JOB TRAINING PROGRAM, THE NEWARK YOUTH LEADERSHIP PROJECT ("NYLP"), PROVIDES SUPERVISED TRAINING IN HORTICULTURE, EDUCATION, AND URBAN FARMING FOR UP TO 25 NEWARK HIGH SCHOOL YOUTH EACH YEAR, SEEKING TO INCREASE EMPLOYABILITY. THE PROGRAM PROVIDES PARTICIPANTS WITH A SAMPLE OF CAREER OPTIONS IN VARIOUS ENVIRONMENTAL FIELDS, AN APPRECIATION FOR THEIR URBAN ENVIRONMENT, AND OPPORTUNITIES FOR PURSUING HIGHER EDUCATION. THE CONSERVANCY HAS FOR MANY YEARS PROVIDED JOB TRAINING PROGRAMS SPECIFICALLY FOR EX-OFFENDERS. DURING THE YEAR ENDED JUNE 30, 2020 THE CITY BLOOM LANDSCAPING INITIATIVE, WHICH PROVIDED JOB TRAINING EXPERIENCE FOR EX- OFFENDERS, WAS CLOSED. THE CONSERVANCY'S ENVIRONMENTAL JUSTICE PROGRAM BUILDS PARTNERSHIPS WITH NEWARK'S RESIDENTS TO PROMOTE URBAN ENVIRONMENTAL ISSUES AND STRIVES TO EMPOWER THEM TO RECOGNIZE THEIR ABILITY TO IMPROVE THE CITY'S ENVIRONMENT.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME 24,855
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$13.5$0.15$13.3$1.81$3.42$1.61
2024Detailed filing. Detailed filing data is available for this year.$15.1$0.22$14.9$5.21$2.66$2.55
2023Detailed filing. Detailed filing data is available for this year.$12.5$0.19$12.3$1.48$2.04$0.57
2022Detailed filing. Detailed filing data is available for this year.$13.1$0.17$12.9$2.12$1.90$0.22
2021Detailed filing. Detailed filing data is available for this year.$12.9$0.19$12.7$1.40$1.58$0.18
2020Detailed filing. Detailed filing data is available for this year.$13.1$0.22$12.9$3.20$1.66$1.53
2019Detailed filing. Detailed filing data is available for this year.$11.5$0.14$11.4$3.18$2.10$1.08
2018Detailed filing. Detailed filing data is available for this year.$10.4$0.12$10.3$1.95$2.22$0.28
2017Detailed filing. Detailed filing data is available for this year.$10.5$0.17$10.3$1.96$2.38$0.42
2016Detailed filing. Detailed filing data is available for this year.$11.2$0.52$10.7$1.86$2.15$0.28
2015Detailed filing. Detailed filing data is available for this year.$11.6$0.49$11.1$3.18$2.12$1.06
2014Detailed filing. Detailed filing data is available for this year.$11.0$1.00$10.0$2.44$2.16$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$0.59$9.73$1.91
2012Summary only. Only limited summary data is available for this year.$10.4$0.58$9.80$1.76$1.77$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.64$9.80$1.69
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$0.88$9.63$1.41