Civic Intelligence

Sullivan Free Library

990 • Fiscal year 2021 • EIN 23-7259944

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 10, 2022

101 Falls BlvdChittenango, NY 13037

(315) 687-6331

Siviq Scores

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

Liabilities / Assets

74th percentile

0.39x

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

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

Liabilities / Revenue

95th percentile

1.99x

Higher debt load relative to revenue than 95% of similar nonprofits.

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

Net Margin

51st percentile

13%

Higher net margin than 51% of similar nonprofits.

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

Top Officer Pay

56th percentile

$76,450

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

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

Asset Growth

33rd percentile

4.1%

Faster asset growth than 33% of similar nonprofits.

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

Revenue Growth

16th percentile

-16%

Faster revenue growth than 16% of similar nonprofits.

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

Assets

Up

$3,411,803

Up $134,313 (+4.1%) from 2020

Net Assets

Up

$2,082,091

Up $164,288 (+8.6%) from 2020

Liabilities

Down

$1,329,712

Down $29,975 (-2.2%) from 2020

Revenue

Down

$668,573

Down $131,507 (-16%) from 2020

Expenses

Down

$582,658

Down $96,991 (-14%) from 2020

Net Income

Down

$85,915

Down $34,516 (-29%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,032,393Liabilities 2010: $1,600,583Net Assets 2010: $1,431,8102010Assets 2011: $2,981,821Liabilities 2011: $1,580,514Net Assets 2011: $1,401,3072011Assets 2012: $2,908,008Liabilities 2012: $1,559,819Net Assets 2012: $1,348,1892012Assets 2013: $2,877,576Liabilities 2013: $1,538,258Net Assets 2013: $1,339,3182013Assets 2014: $2,848,896Liabilities 2014: $1,515,788Net Assets 2014: $1,333,1082014Assets 2015: $2,852,187Liabilities 2015: $1,492,375Net Assets 2015: $1,359,8122015Assets 2016: $2,874,847Liabilities 2016: $1,468,192Net Assets 2016: $1,406,6552016Assets 2017: $3,025,213Liabilities 2017: $1,442,551Net Assets 2017: $1,582,6622017Assets 2018: $3,034,162Liabilities 2018: $1,416,059Net Assets 2018: $1,618,1032018Assets 2019: $3,084,177Liabilities 2019: $1,388,453Net Assets 2019: $1,695,7242019Assets 2020: $3,277,490Liabilities 2020: $1,359,687Net Assets 2020: $1,917,8032020Assets 2021: $3,411,803Liabilities 2021: $1,329,712Net Assets 2021: $2,082,0912021Assets 2022: $3,327,466Liabilities 2022: $1,298,356Net Assets 2022: $2,029,1102022Assets 2023: $3,337,777Liabilities 2023: $1,265,905Net Assets 2023: $2,071,8722023Assets 2024: $3,213,062Liabilities 2024: $1,232,257Net Assets 2024: $1,980,8052024

Highlighted filing

2021

Assets$3,411,803
Liabilities$1,329,712
Net Assets$2,082,091

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $552,3742010Expenses 2011: $556,5462011Expenses 2012: $580,3452012Revenue 2013: $555,638Expenses 2013: $564,513Net Income 2013: -$8,8752013Revenue 2014: $572,862Expenses 2014: $579,072Net Income 2014: -$6,2102014Revenue 2015: $596,895Expenses 2015: $570,191Net Income 2015: $26,7042015Revenue 2016: $666,113Expenses 2016: $619,270Net Income 2016: $46,8432016Revenue 2017: $780,981Expenses 2017: $604,974Net Income 2017: $176,0072017Revenue 2018: $662,669Expenses 2018: $627,228Net Income 2018: $35,4412018Revenue 2019: $755,406Expenses 2019: $677,785Net Income 2019: $77,6212019Revenue 2020: $800,080Expenses 2020: $679,649Net Income 2020: $120,4312020Revenue 2021: $668,573Expenses 2021: $582,658Net Income 2021: $85,9152021Revenue 2022: $684,745Expenses 2022: $737,726Net Income 2022: -$52,9812022Revenue 2023: $833,254Expenses 2023: $790,492Net Income 2023: $42,7622023Revenue 2024: $740,683Expenses 2024: $831,750Net Income 2024: -$91,0672024

Highlighted filing

2021

Revenue$668,573
Expenses$582,658
Net Income$85,915
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 10, 2022
Return Version
2021v4.0
Gross Receipts
$668,573
Mission and Program Overview

Mission

Serving the members of the town of sullivan community by providing materials and services for their recreational, educational, informational, cultural and civic needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,365,199$2,285,834▼ $79,365
Rtn Earn Endowment Incm Other Fnds$1,917,803$2,082,091▲ $164,288
Savings and Temporary Cash Investments$802,404$729,938▼ $72,466
Cash and Non-Interest-Bearing Accounts$10,430$116,532▲ $106,102
Total Assets$3,277,490$3,411,803▲ $134,313
Other Assets Total$99,457$279,499▲ $180,042
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,359,687$1,329,712▼ $29,975
Total Liabilities$1,359,687$1,329,712▼ $29,975
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,917,803$2,082,091▲ $164,288
Total Liabilities and Net Assets / Fund Balance$3,277,490$3,411,803▲ $134,313

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,128,737$905,143$3,033,880
Land$153,933-$153,933
Other Assets Org$98,697--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen TraynorExec DirectorFT$70,022$6,428$76,450

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$653,737
Program Service Revenue
$13,807
Investment Income
$1,029
Other Revenue
$0
All Other Contributions
$610,098
Change in Net Assets
$85,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$300,721
Salaries, Compensation, and Employee Benefits$281,937
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$161,421--$161,421
Depreciation Depletion$76,025$3,340-$79,365
Current Officers, Directors, Trustees, and Key Employees$39,212$30,810-$70,022
Interest$52,749$2,776-$55,525
All Other Expenses$35,812$2,441-$38,253
Occupancy$26,366$1,803-$28,169
Other Employee Benefits$22,166$3,221-$25,387
Payroll Taxes$22,750$2,357-$25,107
Fees for Services Accounting-$21,987-$21,987
Other Expenses$8,811$899-$9,710
Insurance-$8,146-$8,146
Office Expenses$5,305$1,320-$6,625
Conferences and Meetings-$1,578-$1,578
Fees for Services Other-$1,000-$1,000
Total Functional Expenses$500,980$81,678$0$582,658
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
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
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, Page 6, Part VI, Line 7A

During annual meetings all adult library card holders are eligible to vote for board positions.

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

Board treasurer is provided a copy of the return for review and signature prior to filing.

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

Questionaires are provided annually to all board members and reviewed by the president, any potential conflicts are discussed with the entire board.

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

Personnel committee prepares and conducts annual evaluations and recommends salary increases to the board. The board of directors votes on the recommended increase.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are made available to the public on an as requested basis.

Filing and Contact Details

Filer

Filer Name
Sullivan Free Library
EIN
23-7259944
Phone
3156876331
Address
101 FALLS BLVD, CHITTENANGO, NY 13037

Signing Officer

Name
William Connolly
Title
President
Phone
3156876331
Signed
2022-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Connolly
Voting Board Members
10
Independent Board Members
10
Employees
25

Preparer

Firm
Gustafson & Wargo Cpas Llp
Address
3264 SENECA TPKE, CANASTOTA, NY 13032-4505
Preparer
Barbara a Devendorf CPA
Phone
3156972345
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Prior period adjust- 2020 erc wages 78,375 rounding -2 total 78,373

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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/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12884
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2854
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3314
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt452
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IRS990/PYContributionsGrantsAmt0785261
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02743
IRS990/PYOtherExpensesAmt0267029
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IRS990/PYRevenuesLessExpensesAmt0120431
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IRS990/PYTotalExpensesAmt0679649
IRS990/PYTotalRevenueAmt0800080
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt085915
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt013807
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01917803
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02082091
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0802404
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0729938
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt080000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0208749
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0154832
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt083389
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0222528
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0749498
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02743
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03810
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02086
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01659
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011327
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt092259
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99680
IRS990ScheduleA/PublicSupportPY170Pct00.99680
IRS990ScheduleA/PublicSupportTotal170Amt03564123
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0573737
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0576512
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0551888
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0533819
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt02814625
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0653737
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0785261
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0635277
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02128737
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0905143
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03033880
IRS990ScheduleD/LandGrp/BookValueAmt0153933
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0153933
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0180802
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt198697
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ERC RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1BRIDGEPORT LIBRARY TRUST
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02282670
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0279499
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING ANNUAL MEETINGS ALL ADULT LIBRARY CARD HOLDERS ARE ELIGIBLE TO VOTE FOR BOARD POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD TREASURER IS PROVIDED A COPY OF THE RETURN FOR REVIEW AND SIGNATURE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2QUESTIONAIRES ARE PROVIDED ANNUALLY TO ALL BOARD MEMBERS AND REVIEWED BY THE PRESIDENT, ANY POTENTIAL CONFLICTS ARE DISCUSSED WITH THE ENTIRE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PERSONNEL COMMITTEE PREPARES AND CONDUCTS ANNUAL EVALUATIONS AND RECOMMENDS SALARY INCREASES TO THE BOARD. THE BOARD OF DIRECTORS VOTES ON THE RECOMMENDED INCREASE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON AN AS REQUESTED BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRIOR PERIOD ADJUST- 2020 ERC WAGES 78,375 ROUNDING -2 TOTAL 78,373
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03277490
IRS990/TotalAssetsEOYAmt03411803
IRS990/TotalAssetsGrp/BOYAmt03277490
IRS990/TotalAssetsGrp/EOYAmt03411803
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0653737
IRS990/TotalEmployeeCnt025
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt081678
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0500980
IRS990/TotalFunctionalExpensesGrp/TotalAmt0582658
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01359687
IRS990/TotalLiabilitiesEOYAmt01329712
IRS990/TotalLiabilitiesGrp/BOYAmt01359687
IRS990/TotalLiabilitiesGrp/EOYAmt01329712
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01917803
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02082091
IRS990/TotalOtherCompensationAmt06428
IRS990/TotalProgramServiceExpensesAmt0500980
IRS990/TotalProgramServiceRevenueAmt013807
IRS990/TotalReportableCompFromOrgAmt070022
IRS990/TotalRevenueGrp/ExclusionAmt01029
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt013807
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0668573
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03277490
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03411803
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0101 FALLS BLVD
IRS990/USAddress/CityNm0CHITTENANGO
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd013037
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.SULLIVANFREELIBRARY.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM CONNOLLY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03156876331
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SULLIVAN FREE LIBRARY

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.21$1.23$1.98$0.74$0.83$0.09
2023Detailed filing. Detailed filing data is available for this year.$3.34$1.27$2.07$0.83$0.79$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.33$1.30$2.03$0.68$0.74$0.05
2021Detailed filing. Detailed filing data is available for this year.$3.41$1.33$2.08$0.67$0.58$0.09
2020Detailed filing. Detailed filing data is available for this year.$3.28$1.36$1.92$0.80$0.68$0.12
2019Detailed filing. Detailed filing data is available for this year.$3.08$1.39$1.70$0.76$0.68$0.08
2018Detailed filing. Detailed filing data is available for this year.$3.03$1.42$1.62$0.66$0.63$0.04
2017Detailed filing. Detailed filing data is available for this year.$3.03$1.44$1.58$0.78$0.60$0.18
2016Detailed filing. Detailed filing data is available for this year.$2.87$1.47$1.41$0.67$0.62$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.85$1.49$1.36$0.60$0.57$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.85$1.52$1.33$0.57$0.58$0.01
2013Detailed filing. Detailed filing data is available for this year.$2.88$1.54$1.34$0.56$0.56$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$1.56$1.35$0.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$1.58$1.40$0.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$1.60$1.43$0.55