Civic Intelligence

Center for Agricultural Development and Entrepreneurship

990 • Fiscal year 2021 • EIN 22-3218414

May 01, 2020 to Apr 30, 2021 • Filed on Aug 20, 2021

189 Main St PO Box 641 5th FLOneonta, NY 13820

(607) 433-2545

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.58x

Higher debt load relative to assets than 83% of similar nonprofits.

2021 filings • NTEE S • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

53rd percentile

0.23x

Higher debt load relative to revenue than 53% of similar nonprofits.

2021 filings • NTEE S • $1M-$5M nonprofits • Source year 2021

Net Margin

32nd percentile

2.3%

Higher net margin than 32% of similar nonprofits.

2021 filings • NTEE S • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

48th percentile

$90,698

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

2021 filings • NTEE S • $1M-$5M nonprofits • Source year 2021

Asset Growth

96th percentile

129%

Faster asset growth than 96% of similar nonprofits.

2021 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

86th percentile

98%

Faster revenue growth than 86% of similar nonprofits.

2021 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$392,430

Up $221,183 (+129%) from 2020

Net Assets

Up

$164,409

Up $23,400 (+17%) from 2020

Liabilities

Up

$228,021

Up $197,783 (+654%) from 2020

Revenue

Up

$1,010,566

Up $499,106 (+98%) from 2020

Expenses

Up

$987,166

Up $479,681 (+95%) from 2020

Net Income

Up

$23,400

Up $19,425 (+489%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $115,584Liabilities 2012: $56,488Net Assets 2012: $59,0962012Assets 2013: $103,465Liabilities 2013: $13,588Net Assets 2013: $89,8772013Assets 2014: $261,559Liabilities 2014: $100,997Net Assets 2014: $160,5622014Assets 2015: $230,015Liabilities 2015: $82,624Net Assets 2015: $147,3912015Assets 2016: $173,708Liabilities 2016: $27,947Net Assets 2016: $145,7612016Assets 2017: $204,391Liabilities 2017: $66,537Net Assets 2017: $137,8542017Assets 2018: $159,245Liabilities 2018: $15,356Net Assets 2018: $143,8892018Assets 2019: $146,386Liabilities 2019: $9,352Net Assets 2019: $137,0342019Assets 2020: $171,247Liabilities 2020: $30,238Net Assets 2020: $141,0092020Assets 2021: $392,430Liabilities 2021: $228,021Net Assets 2021: $164,4092021Assets 2022: $226,163Liabilities 2022: $29,619Net Assets 2022: $196,5442022Assets 2023: $352,323Liabilities 2023: $126,637Net Assets 2023: $225,6862023Assets 2024: $436,470Liabilities 2024: $178,058Net Assets 2024: $258,4122024Assets 2025: $357,475Liabilities 2025: $140,888Net Assets 2025: $216,5872025

Highlighted filing

2021

Assets$392,430
Liabilities$228,021
Net Assets$164,409

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2012: $221,708Expenses 2012: $196,919Net Income 2012: $24,7892012Revenue 2013: $146,573Expenses 2013: $115,792Net Income 2013: $30,7812013Revenue 2014: $284,658Expenses 2014: $213,973Net Income 2014: $70,6852014Revenue 2015: $229,486Expenses 2015: $242,657Net Income 2015: -$13,1712015Revenue 2016: $189,445Expenses 2016: $191,075Net Income 2016: -$1,6302016Revenue 2017: $233,331Expenses 2017: $241,238Net Income 2017: -$7,9072017Revenue 2018: $323,053Expenses 2018: $317,018Net Income 2018: $6,0352018Revenue 2019: $347,180Expenses 2019: $354,035Net Income 2019: -$6,8552019Revenue 2020: $511,460Expenses 2020: $507,485Net Income 2020: $3,9752020Revenue 2021: $1,010,566Expenses 2021: $987,166Net Income 2021: $23,4002021Revenue 2022: $672,957Expenses 2022: $640,822Net Income 2022: $32,1352022Revenue 2023: $759,530Expenses 2023: $730,388Net Income 2023: $29,1422023Revenue 2024: $883,331Expenses 2024: $850,605Net Income 2024: $32,7262024Revenue 2025: $920,526Expenses 2025: $962,351Net Income 2025: -$41,8252025

Highlighted filing

2021

Revenue$1,010,566
Expenses$987,166
Net Income$23,400
Jump To
Filing Snapshot
Filing Period
May 1, 2020 to Apr 30, 2021
Signed
Aug 20, 2021
Return Version
2020v4.0
Gross Receipts
$1,010,566
Mission and Program Overview

Mission

CADE's mission is to increase the number and diversity of successful farm enterprises and related businesses in New York.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$88,651$244,572▲ $155,921
Savings and Temporary Cash Investments-$135,000-
Cash and Non-Interest-Bearing Accounts$81,407$12,015▼ $69,392
Land, Buildings, and Equipment, Net$639$293▼ $346
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$171,247$392,430▲ $221,183
Other Assets Total$550$550→ $0
Liabilities
Other Liabilities-$135,000-
Deferred Revenue$16,889$77,318▲ $60,429
Accounts Payable and Accrued Expenses$13,349$15,703▲ $2,354
Total Liabilities$30,238$228,021▲ $197,783
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$141,009$164,409▲ $23,400
Total Net Assets Fund Balance$141,009$164,409▲ $23,400
Total Liabilities and Net Assets / Fund Balance$171,247$392,430▲ $221,183

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$293$4,508$4,801
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Phoebe SchreinerExecutive DirectorFT$80,800$9,898$90,698

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,008,532
Program Service Revenue
$116
Investment Income
$0
Other Revenue
$1,918
All Other Contributions
$565,919
Change in Net Assets
$23,400

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,010,566
Total Revenue per Audited Statements
$1,010,566
Total Revenue per Form 990
$1,010,566
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$601,039
Salaries, Compensation, and Employee Benefits$386,127
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$177,670$48,830-$226,500
Current Officers, Directors, Trustees, and Key Employees$63,380$17,420-$80,800
Other Employee Benefits$37,127$15,473-$52,600
Payroll Taxes$18,512$7,715-$26,227
Fees for Services Accounting$8,720$4,000-$12,720
Occupancy$11,340$1,260-$12,600
All Other Expenses$8,587$1,563-$10,150
Other Expenses$3,527$10-$3,537
Travel$2,843$295-$3,138
Advertising$2,346--$2,346
Insurance-$1,798-$1,798
Depreciation Depletion-$346-$346
Total Functional Expenses$888,374$98,792$0$987,166

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$987,166
Total Expenses per Audited Statements$987,166
Total Expenses per Form 990$987,166
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tianna KennedyFormer BODmemberfiscal sponsorshipNo$319,500
Tianna KennedyFormer BODmemberPurchase of produceNo$6,036
Tianna KennedyFormer BODmemberConsulting workNo$4,500

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
fiscal sponsorship$135,000
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
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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, Line 11B: Form 990 Review Process

The board has developed an ad hoc committee to meet and review the Form 990 prior to it being filed with the IRS.

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

A signed conflict of interest statement is updated annually by each member of the board of directors.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The executive committee must obtain comparison data from an expert source or from industry surveys conducted by an independent source. If no independent source is available, the executive committee may obtain comparable data by documenting the compensation paid to directors holding similar positions in similar organizations locally. The evaluation shall include a face-to-face interview as well as a written review of the employees strengths and weaknesses, a review of progress made since the last review period, and establishment of goals for the next review period. The evaluation shall also include a peer review, including, but not limited to staff, consultants, and partners. When merited, the performance evaluation may serve as the basis for an increase in base pay or the payments of a one-time bonus payment, as determined by the board of directors, based upon the nature of the review and within budgetary constraints. Once the executive committee has determined the directors compensation or an increase to the directors compensation is reasonable, the executive committee will prepare a written report to the board documenting its decision.

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

It shall be the policy of cade to have governing documents, the conflict of interest policy and the organizations financial statements available to the public upon request. These documents shall be kept by the treasurer or executive director as appointed by the board of directors of cade. The treasurer or executive director of cade shall produce the documents upon receipt of a written or verbal request of the public. The treasurer or executive director shall keep a record of the written and/or verbal request.

Filing and Contact Details

Filer

Filer Name
Center for Agricultural Development
EIN
22-3218414
Phone
6074332545
Address
189 MAIN ST PO BOX 641 5TH FL, ONEONTA, NY 13820

Signing Officer

Name
Phoebe Schreiner
Title
Executive Director
Signed
2021-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phoebe Schreiner
Formed
1992
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
6
Volunteers
10

Preparer

Firm
Mostert Manzanero & Scott LLP
Address
4 Associate Dr, Oneonta, NY 13820
Preparer
Deborah L Mostert
Phone
6074328700
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: OTHER PROGRAM SERVICES 5: Fiscal Sponsorship ProgramCADEs Fiscal Sponsorship Program offers a new opportunity for farm and food businesses to identify and bring in new sources of capital to invest in their enterprises. Farm and food businesses that become fiscally sponsored by CADE can request funding from organizations or individuals that require non-profit status. That means foundations can award grants to farm and food businesses--normally reserved for non-profit, or 501c3 organizations--and individuals interested in funding projects or donating to farm and food businesses enrolled in this program, who can then receive a tax exemption letter for their donation. OTHER PROGRAM SERVICES 6: Emerging Markets Training Program (EMPT)CADEs EMTP aims to establish new markets and facilitate economic growth in sustainable agriculture in 12 counties of Central NY. The Program will leverage CADEs market research, successes, and learnings from the Value Chain Acceleration program, Farm to School program, and FFBI to build the capacity of local institutions to purchase Central NY farm products, as well as farmers and local distributors to increase and retain online sales and meet institutional purchasing requirements. These activities will reduce marketing costs, increase farm sales and profitability, improve farmer readiness for emerging markets and, as a result, foster greater collaboration between farmers and local food processors and distributors. OTHER PROGRAM SERVICES 7: Distance Learning (DL)CADE's DL program aims to increase the profitability and long term viability of farm and food businesses across New York State by expanding our programing through distance learning and promotion of free and accessible digital content for our community of agribusiness clients. Through this work, we are providing online educational instruction, curating and promoting in-demand digital content, offering Zoom-based technical assistance and training for small and emerging businesses, and video-based financial and business planning support. OTHER PROGRAM SERVICES 8: Land AccessIn partnership with the American Farmland Trust and the Schoharie Land Trust, CADE is working to conserve farmland and transition it to the next generation of farmland owners and operators in Schoharie and Delaware Counties. OTHER PROGRAM SERVICES 9: Dairy Farm Support (DFS) Program CADE's DFS program is aimed at increasing the profitability and long term viability of dairy farms in the Mohawk Valley and Southern Tier region's of New York. We do this by incubating new dairy enterprises and value-added product lines, increasing access to capital, opening new market opportunities, encouraging diversification, and more. OTHER PROGRAM SERVICES 10: Value Chain Facilitation (VCF) Program CADE's VCF program aims to increase farm profits, regional output of farm and food products, and market development. Specifically, the program supports farm and food businesses with market research and opens market opportunities in New York City and Upstate; promotes affordable access to restaurant, retail, institutional, CSA and wholesale buyers in NYC and Upstate Urban Centers; and helps secure private investment for food system operation enhancement/expansion.

Financial Statement Notes

Part X : FIN48 Footnote

CADE is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. In addition, CADE qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization that is not a private foundation under Section 509(a)(2).CADE reviews the components of revenues, gains, and other support and analyses whether the position that the organization takes with regard to a particular item of income would meet the definition of uncertain tax position under generally accepted accounting principles. CADE files information returns in the U.S. federal jurisdiction and New York State jurisdiction. The tax years that remain subject to examination by taxing authorities are generally the previous three years.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
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IRS990/MissionDesc0CADE's mission is to increase the number and diversity of successful farm enterprises and related businesses in New York.
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IRS990/OtherExpensesGrp/Desc1CONTRACTED SERVICES
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IRS990/OtherExpensesGrp/Desc3SUPPLIES
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IRS990/OtherExpensesGrp/TotalAmt1181618
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IRS990/OtherExpensesGrp/TotalAmt33537
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IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous income
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IRS990/PoliticalCampaignActyInd0false
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IRS990/ProgramServiceRevenueGrp/Desc0Agricultural development
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IRS990/ProgSrvcAccomActy2Grp/Desc0VISION 2050 Bringing a diverse group of stakeholders together to develop a long-term, visionary plan for New York States agricultural future--setting NYS on course to become the Northeasts leading foodshed by 2050 and a model for a regenerative, sustainable, equitable food system. The Vision will be informed by farm and food business sector leaders from across the supply chain, food system experts, agricultural agency specialists, climate change specialists, among others. The purpose of the Vision is to inform leaders and policy makers on how they can accelerate sustainable agricultural economic development; increase food security; mitigate climate change; and create green jobs throughout the farm and food sector in New York State by 2050.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Other programs
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IRS990/RoyaltiesGrp/TotalAmt00
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0135000
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0506523
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0323431
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0318018
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02383527
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01015
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99960
IRS990ScheduleA/PublicSupportPY170Pct00.99880
IRS990ScheduleA/PublicSupportTotal170Amt02383527
IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0506523
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02383527
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0fiscal sponsorship
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CADE is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. In addition, CADE qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization that is not a private foundation under Section 509(a)(2).CADE reviews the components of revenues, gains, and other support and analyses whether the position that the organization takes with regard to a particular item of income would meet the definition of uncertain tax position under generally accepted accounting principles. CADE files information returns in the U.S. federal jurisdiction and New York State jurisdiction. The tax years that remain subject to examination by taxing authorities are generally the previous three years.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleD/TotalExpensesPerForm990Amt0987166
IRS990ScheduleD/TotalLiabilityAmt0135000
IRS990ScheduleD/TotalRevenuePerForm990Amt01010566
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Tianna Kennedy
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1Tianna Kennedy
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2Tianna Kennedy
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Former BODmember
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Former BODmember
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2Former BODmember
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0fiscal sponsorship
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Purchase of produce
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2Consulting work

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.14$0.22$0.92$0.96$0.04
2024Summary only. Only limited summary data is available for this year.$0.44$0.18$0.26$0.88$0.85$0.03
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.13$0.23$0.76$0.73$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.03$0.20$0.67$0.64$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.39$0.23$0.16$1.01$0.99$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.03$0.14$0.51$0.51$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.01$0.14$0.35$0.35$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.02$0.14$0.32$0.32$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.07$0.14$0.23$0.24$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.03$0.15$0.19$0.19$0.00
2015Summary only. Only limited summary data is available for this year.$0.23$0.08$0.15$0.23$0.24$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.26$0.10$0.16$0.28$0.21$0.07
2013Summary only. Only limited summary data is available for this year.$0.10$0.01$0.09$0.15$0.12$0.03
2012Summary only. Only limited summary data is available for this year.$0.12$0.06$0.06$0.22$0.20$0.02