Civic Intelligence

Boone County Council on Aging

990 • Fiscal year 2017 • EIN 23-7313316

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 14, 2017

2141 Henry Luckow LaneBelvidere, IL 61008

(815) 544-9893

Siviq Scores

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

Liabilities / Assets

37th percentile

0.03x

Higher debt load relative to assets than 37% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

37th percentile

0.05x

Higher debt load relative to revenue than 37% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

55th percentile

4.9%

Higher net margin than 55% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

48th percentile

$58,912

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

51st percentile

3.5%

Faster asset growth than 51% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

53rd percentile

5.6%

Faster revenue growth than 53% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,094,702

Up $71,180 (+3.5%) from 2016

Net Assets

Up

$2,024,640

Up $83,785 (+4.3%) from 2016

Liabilities

Down

$70,062

Down $12,605 (-15%) from 2016

Revenue

Up

$1,393,444

Up $73,815 (+5.6%) from 2016

Expenses

Down

$1,325,553

Down $23,081 (-1.7%) from 2016

Net Income

Up

$67,891

Up $96,896 (+334%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,773,204Liabilities 2010: $78,158Net Assets 2010: $1,695,0462010Assets 2011: $1,824,259Liabilities 2011: $79,505Net Assets 2011: $1,744,7542011Assets 2012: $1,914,013Liabilities 2012: $80,327Net Assets 2012: $1,833,6862012Assets 2013: $1,981,828Liabilities 2013: $59,467Net Assets 2013: $1,922,3612013Assets 2014: $2,042,203Liabilities 2014: $70,908Net Assets 2014: $1,971,2952014Assets 2015: $2,052,542Liabilities 2015: $80,597Net Assets 2015: $1,971,9452015Assets 2016: $2,023,522Liabilities 2016: $82,667Net Assets 2016: $1,940,8552016Assets 2017: $2,094,702Liabilities 2017: $70,062Net Assets 2017: $2,024,6402017Assets 2018: $2,073,508Liabilities 2018: $122,199Net Assets 2018: $1,951,3092018Assets 2019: $2,082,133Liabilities 2019: $117,643Net Assets 2019: $1,964,4902019Assets 2020: $2,006,703Liabilities 2020: $273,892Net Assets 2020: $1,732,8112020Assets 2021: $2,109,595Liabilities 2021: $305,335Net Assets 2021: $1,804,2602021Assets 2022: $1,939,487Liabilities 2022: $78,050Net Assets 2022: $1,861,4372022Assets 2023: $1,930,825Liabilities 2023: $43,345Net Assets 2023: $1,887,4802023Assets 2024: $2,287,004Liabilities 2024: $112,139Net Assets 2024: $2,174,8652024

Highlighted filing

2017

Assets$2,094,702
Liabilities$70,062
Net Assets$2,024,640

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,184,5272010Expenses 2011: $1,191,2822011Expenses 2012: $1,248,6522012Expenses 2013: $1,307,7602013Revenue 2014: $1,352,760Expenses 2014: $1,317,264Net Income 2014: $35,4962014Revenue 2015: $1,364,267Expenses 2015: $1,359,220Net Income 2015: $5,0472015Revenue 2016: $1,319,629Expenses 2016: $1,348,634Net Income 2016: -$29,0052016Revenue 2017: $1,393,444Expenses 2017: $1,325,553Net Income 2017: $67,8912017Revenue 2018: $1,316,071Expenses 2018: $1,392,035Net Income 2018: -$75,9642018Revenue 2019: $1,502,291Expenses 2019: $1,488,508Net Income 2019: $13,7832019Revenue 2020: $1,382,971Expenses 2020: $1,620,710Net Income 2020: -$237,7392020Revenue 2021: $1,586,787Expenses 2021: $1,547,125Net Income 2021: $39,6622021Revenue 2022: $1,764,338Expenses 2022: $1,616,064Net Income 2022: $148,2742022Revenue 2023: $1,656,894Expenses 2023: $1,656,462Net Income 2023: $4322023Revenue 2024: $2,106,263Expenses 2024: $1,820,108Net Income 2024: $286,1552024

Highlighted filing

2017

Revenue$1,393,444
Expenses$1,325,553
Net Income$67,891
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$1,555,608
Mission and Program Overview

Mission

The boone county council on aging is dedicated to all older adults and their caregivers by reaching out with programs to help enrich and improve their quality of life.

Programs to help enrich and improve older adults and their caregivers quality of life

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,088,855$1,025,576▼ $63,279
Pledges and Grants Receivable$345,956$434,515▲ $88,559
Investments Other Securities$253,249$320,222▲ $66,973
Cash and Non-Interest-Bearing Accounts$313,142$253,646▼ $59,496
Savings and Temporary Cash Investments-$52,617-
Prepaid Expenses and Deferred Charges$8,453$8,126▼ $327
Total Assets$2,023,522$2,094,702▲ $71,180
Other Assets Total$13,867$0▼ $13,867
Liabilities
Accounts Payable and Accrued Expenses$82,667$70,062▼ $12,605
Total Liabilities$82,667$70,062▼ $12,605
Net Assets / Fund Balance
Unrestricted Net Assets$1,879,440$1,959,981▲ $80,541
Temporarily Rstr Net Assets$40,024$43,268▲ $3,244
Permanently Rstr Net Assets$21,391$21,391→ $0
Total Net Assets Fund Balance$1,940,855$2,024,640▲ $83,785
Total Liabilities and Net Assets / Fund Balance$2,023,522$2,094,702▲ $71,180

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$779,107$728,120$1,507,227
Other Land Buildings$29,224$203,763$232,987
Land$205,775-$205,775
Equipment$11,470$115,782$127,252
Other Securities$320,222--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$267,116$27,755▲ $25,351-$320,222
2015$228,651$43,019▼ $4,554-$267,116
2014$201,632$26,000▲ $1,019-$228,651
2013$102,390$83,201▲ $16,041-$201,632
2012$43,234$55,500▲ $3,656-$102,390
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joseph FortmannExecutive DirectorFT$58,912$58,912

Board Members and Trustees

NameTitle
Darrel DavisPresident
Jeffery GerlachVice President
Andy Raczdirector
Dean CondellDirector
Denny EllingsonDirector
Elaine Sharpedirector
Kathy Groverdirector
Maria GonzalezDirector
Michael MaloneyDirector
Patricia McCoyDirector
Wendy FrankDirector
Barbara WychSecretary
James CoxTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,336,003
Program Service Revenue
$43,696
Investment Income
$15,579
Other Revenue
$-1,834
All Other Contributions
$59,576
Change in Net Assets
$67,891

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,393,444
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$26,313
Total Revenue per Audited Statements
$1,419,757
Total Revenue per Form 990
$1,393,444
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$883,251
Other Expenses$442,302
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$678,803$79,267-$758,070
Payroll Taxes$57,769$7,317-$65,086
Insurance$58,996$4,724-$63,720
Depreciation Depletion$57,584$5,695-$63,279
Current Officers, Directors, Trustees, and Key Employees$52,405$6,120-$58,525
Fees for Services Other$38,731$6,261-$44,992
Occupancy$21,544$2,001-$23,545
Travel$13,347$453-$13,800
All Other Expenses$2,898$6,914-$9,812
Other Expenses$7,429$2,240-$9,669
Office Expenses$6,804$1,629-$8,433
Advertising$4,405$1,259-$5,664
Other Employee Benefits$1,394$176-$1,570
Total Functional Expenses$1,193,044$132,509$0$1,325,553

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,335,972
Expenses per Audited Statements$1,325,553
Total Expenses per Form 990$1,325,553
Expenses Not Reported on Form 990$10,419
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$17,170
Fundraising Gross Income$8,126
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wellness Fair$12,350-$1,057-
Annual Dinner and Dance$29,491$6,358$168$6,190
Total Events$49,972$8,126$17,170$-9,044
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
Annual disclosure for covered persons
Yes
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
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, Section B, line 11B

A copy of the 990 is provided to the executive director and board of directors and reviewed prior to the return being filed.

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

All Board members are asked to complete a yearly conflict of interest statement.

Form 990, Part VI, Section B, line 15

The Executive Director's salary was determined by a written evaluation by the Board of Directors and the funds available to the organization.

Form 990, Part VI, Section C, line 19

Upon request, the public inspection copy of form 990 will be provided within one business day.

Filing and Contact Details

Filer

Filer Name
Boone County Council on Aging
EIN
23-7313316
Phone
8155449893
Address
2141 Henry Luckow Lane, Belvidere, IL 61008

Signing Officer

Name
Darrel Davis
Title
President
Phone
8155449893
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Fortmann
Formed
1973
Legal Domicile
Il
Voting Board Members
12
Independent Board Members
12
Employees
63
Volunteers
130

Preparer

Firm
Sikich LLP
Address
13400 Bishops Lane Suite 300, Brookfield, WI 53005
Preparer
Jill M Boyle CPA
Phone
2627549400
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Council is a not-for-profit organization exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code as other than a private foundation.

Part XI, Line 2D - Other Adjustments:

Special event expenses 9,044.

Part XII, Line 2D - Other Adjustments:

Special event expenses 9,044.

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IRS990/MissionDesc0The Boone County Council on Aging is dedicated to all older adults and their caregivers by reaching out with programs to help enrich and improve their quality of life.
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IRS990/OtherExpensesGrp/Desc0TRANSPORTATION COSTS
IRS990/OtherExpensesGrp/Desc1Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3STAFF EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13168
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25285
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32240
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IRS990/OtherExpensesGrp/ProgramServicesAmt121365
IRS990/OtherExpensesGrp/ProgramServicesAmt218494
IRS990/OtherExpensesGrp/ProgramServicesAmt37429
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IRS990/OtherExpensesGrp/TotalAmt124533
IRS990/OtherExpensesGrp/TotalAmt223779
IRS990/OtherExpensesGrp/TotalAmt39669
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Insurance Reimbursemen
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1904
IRS990/OtherRevenueTotalAmt04210
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt079267
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0678803
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07317
IRS990/PayrollTaxesGrp/ProgramServicesAmt057769
IRS990/PayrollTaxesGrp/TotalAmt065086
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IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt021391
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0345956
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0434515
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08453
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08126
IRS990/PrincipalOfficerNm0JOSEPH FORTMANN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0485000
IRS990/ProgramServiceRevenueGrp/BusinessCd1624100
IRS990/ProgramServiceRevenueGrp/BusinessCd2485000
IRS990/ProgramServiceRevenueGrp/Desc0FARE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1Keen Age Center Progra
IRS990/ProgramServiceRevenueGrp/Desc2MED CAR REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt027855
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112035
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112035
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23806
IRS990/ProgSrvcAccomActy2Grp/Desc0To provide social services to the elderly under terms outlined in the older americans act, title III-B
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0156541
IRS990/ProgSrvcAccomActy3Grp/Desc0To provide social and household programs designed to improve the quality of life for the elderly. Also to assist by publishing monthly newsletters, providing informational support, and tax preparation assistance.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0120827
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt015841
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01267674
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherExpensesAmt0441028
IRS990/PYOtherRevenueAmt08852
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IRS990/PYRevenuesLessExpensesAmt0-29005
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IRS990/PYTotalExpensesAmt01348634
IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt067891
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt03000
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt027855
IRS990/SavingsAndTempCashInvstGrp/EOYAmt052617
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01336003
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01267674
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01268776
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01309849
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt010000
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09122
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04874
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02443
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05286
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt025540
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0292670
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04210
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05369
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01761
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt010444
IRS990ScheduleA/OtherIncome170Grp/TotalAmt021784
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99280
IRS990ScheduleA/PublicSupportPY170Pct00.99260
IRS990ScheduleA/PublicSupportTotal170Amt06507692
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01336003
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01271216
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01301848
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01278776
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01319849
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06507692
IRS990ScheduleA/TotalSupportAmt06555016
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.83670
IRS990ScheduleD/BuildingsGrp/BookValueAmt0779107
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0728120
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01507227
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0267116

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.29$0.11$2.17$2.11$1.82$0.29
2023Detailed filing. Detailed filing data is available for this year.$1.93$0.04$1.89$1.66$1.66$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.94$0.08$1.86$1.76$1.62$0.15
2021Detailed filing. Detailed filing data is available for this year.$2.11$0.31$1.80$1.59$1.55$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.01$0.27$1.73$1.38$1.62$0.24
2019Detailed filing. Detailed filing data is available for this year.$2.08$0.12$1.96$1.50$1.49$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.07$0.12$1.95$1.32$1.39$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.09$0.07$2.02$1.39$1.33$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.02$0.08$1.94$1.32$1.35$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.05$0.08$1.97$1.36$1.36$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.04$0.07$1.97$1.35$1.32$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.06$1.92$1.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.08$1.83$1.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.08$1.74$1.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.08$1.70$1.18