Civic Intelligence

Knowledge Systems Institute

990 • Fiscal year 2016 • EIN 36-3085682

Jan 01, 2016 to Dec 31, 2016 • Filed on May 19, 2017

Organization Profilewww.ksi.edu
3420 Main StreetSkokie, IL 60076

(847) 679-3135

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

9th percentile

0.01x

Higher debt load relative to revenue than 9% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

87th percentile

31%

Higher net margin than 87% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

47th percentile

$113,741

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

75th percentile

11%

Faster asset growth than 75% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-17%

Faster revenue growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets10th percentile

Assets

Up

$5,477,044

Up $543,294 (+11%) from 2015

Net Assets

Up

$5,467,569

Up $546,066 (+11%) from 2015

Liabilities

Down

$9,475

Down $2,772 (-23%) from 2015

Revenue And Expenses
Liabilities / Revenue9th percentileNet Margin87th percentile

Revenue

Down

$1,615,733

Down $341,190 (-17%) from 2015

Expenses

Up

$1,106,923

Up $200,048 (+22%) from 2015

Net Income

Down

$508,810

Down $541,238 (-52%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$6.0M$4.0M$2.0M$0Assets 2013: $2,844,338Liabilities 2013: $2,728Net Assets 2013: $2,841,6102013Assets 2014: $3,950,465Liabilities 2014: $4,044Net Assets 2014: $3,946,4212014Assets 2015: $4,933,750Liabilities 2015: $12,247Net Assets 2015: $4,921,5032015Assets 2016: $5,477,044Liabilities 2016: $9,475Net Assets 2016: $5,467,5692016Assets 2017: $5,294,268Liabilities 2017: $6,117Net Assets 2017: $5,288,1512017Assets 2018: $4,603,474Liabilities 2018: $2,423Net Assets 2018: $4,601,0512018Assets 2019: $4,687,986Liabilities 2019: $1,891Net Assets 2019: $4,686,0952019Assets 2020: $4,707,260Liabilities 2020: $48,637Net Assets 2020: $4,658,6232020Assets 2021: $4,784,252Liabilities 2021: $5,800Net Assets 2021: $4,778,4522021Assets 2022: $3,946,978Liabilities 2022: $9,979Net Assets 2022: $3,936,9992022Assets 2023: $4,242,677Liabilities 2023: $13,748Net Assets 2023: $4,228,9292023Assets 2024: $4,156,338Liabilities 2024: $497Net Assets 2024: $4,155,8412024

Highlighted filing

2016

Assets$5,477,044
Liabilities$9,475
Net Assets$5,467,569
Open 2016 Filing

Operations Trend

Revenue Growth16th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2013: $1,908,042Expenses 2013: $803,928Net Income 2013: $1,104,1142013Revenue 2014: $1,950,328Expenses 2014: $836,936Net Income 2014: $1,113,3922014Revenue 2015: $1,956,923Expenses 2015: $906,875Net Income 2015: $1,050,0482015Revenue 2016: $1,615,733Expenses 2016: $1,106,923Net Income 2016: $508,8102016Revenue 2017: $545,384Expenses 2017: $787,921Net Income 2017: -$242,5372017Revenue 2018: $107,918Expenses 2018: $514,226Net Income 2018: -$406,3082018Revenue 2019: $173,686Expenses 2019: $469,070Net Income 2019: -$295,3842019Revenue 2020: $373,125Expenses 2020: $453,273Net Income 2020: -$80,1482020Revenue 2021: $332,546Expenses 2021: $409,609Net Income 2021: -$77,0632021Revenue 2022: $220,040Expenses 2022: $499,389Net Income 2022: -$279,3492022Revenue 2023: $784,337Expenses 2023: $410,209Net Income 2023: $374,1282023Revenue 2024: $199,570Expenses 2024: $272,658Net Income 2024: -$73,0882024

Highlighted filing

2016

Revenue$1,615,733
Expenses$1,106,923
Net Income$508,810
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 19, 2017
Return Version
2016v3.0
Gross Receipts
$2,181,442
Mission and Program Overview

Mission

To provide educational programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,675,237$3,106,962▲ $431,725
Investments in Publicly Traded Securities$1,464,486$1,584,113▲ $119,627
Land, Buildings, and Equipment, Net$593,930$582,323▼ $11,607
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$4,933,750$5,477,044▲ $543,294
Other Assets Total$200,097$203,646▲ $3,549
Liabilities
Accounts Payable and Accrued Expenses$8,366$7,292▼ $1,074
Other Liabilities$3,881$2,183▼ $1,698
Total Liabilities$12,247$9,475▼ $2,772
Net Assets / Fund Balance
Unrestricted Net Assets$4,679,212$5,223,696▲ $544,484
Temporarily Rstr Net Assets$242,291$243,873▲ $1,582
Total Net Assets Fund Balance$4,921,503$5,467,569▲ $546,066
Total Liabilities and Net Assets / Fund Balance$4,933,750$5,477,044▲ $543,294

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$308,410$114,013$422,423
Equipment$41,903$348,233$390,136
Buildings$132,010$192,990$325,000
Land$100,000-$100,000
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Judy ChangExecutive DirecFT$113,741$113,741

Board Members and Trustees

NameTitle
S K ChangPresident
David StrickBoard Member
Stan SchumanBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,483,318
Investment Income
$132,415
Other Revenue
$0
Change in Net Assets
$508,810

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,615,733
Revenue Not Reported on Form 990
$61,153
Total Revenue per Audited Statements
$1,676,886
Total Revenue per Form 990
$1,615,733
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$741,051
Other Expenses$365,872
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$531,710$21,695-$553,405
Current Officers, Directors, Trustees, and Key Employees$76,775$36,966-$113,741
Office Expenses$56,975$2,999-$59,974
Payroll Taxes$44,058$4,247-$48,305
Fees for Services Other-$45,882-$45,882
All Other Expenses$38,019$4,002-$42,021
Depreciation Depletion$38,195$2,010-$40,205
Occupancy$33,918$1,786-$35,704
Other Employee Benefits-$25,600-$25,600
Advertising-$21,273-$21,273
Other Expenses$15,269$23,254-$15,269
Insurance$4,889$326-$5,215
Travel-$4,024-$4,024
Total Functional Expenses$911,305$195,618$0$1,106,923

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,130,820
Expenses per Audited Statements$1,106,923
Total Expenses per Form 990$1,106,923
Expenses Not Reported on Form 990$23,897
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

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
Student Deposits$2,183
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 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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Two of the Board members- SK Chang and Judy Chang have a family relationship”

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

“The Board of Directors keeps minutes of its meetings.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The Governing Body reviews the 990 in detail before signing and filing the return”

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

“The Board of directors is in charge of reviewing and monitoring the conflict of interest policy comliance and votes on decisions on enforcement as needed.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The board reviews and approves all raises and salaries.”

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

“The board reviews and approves all raises and salaries.”

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

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Knowledge Systems Institute
EIN
36-3085682
Phone
8476793135
Address
3420 Main Street, Skokie, IL 60076

Signing Officer

Name
Judy Chang
Title
Executive Direc
Signed
2017-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judy Chang
Formed
1978
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
2
Employees
18

Preparer

Firm
Knutte & Associates Pc
Address
7900 S CASS AVE STE 210, DARIEN, IL 60561-5066
Preparer
Joseph Knutte CPA
Phone
6309603317
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“Increase in CSV of life Insurance $1310 Realized Loss on Investments $22587”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Increase in CSV of Life Insurance $1310 Unrealized Loss on Investments $0 Realized Loss on Investments $22587”

Raw XML AppendixShowing 400 of 428 raw XML fields

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/PYProgramServiceRevenueAmt01872685
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01483318
IRS990/RoyaltiesGrp/TotalAmt00
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt02675237
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03106962
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0132010
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0192990
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0325000
IRS990ScheduleD/EquipmentGrp/BookValueAmt041903
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0348233
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0390136
IRS990ScheduleD/ExpensesNotReportedAmt023897
IRS990ScheduleD/ExpensesSubtotalAmt01106923
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0308410
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0114013
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0422423
IRS990ScheduleD/NetUnrealizedGainsInvstAmt037256
IRS990ScheduleD/OtherExpensesIncludedAmt023897
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02183
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STUDENT DEPOSITS
IRS990ScheduleD/OtherRevenueAmt023897
IRS990ScheduleD/RevenueNotReportedAmt061153
IRS990ScheduleD/RevenueSubtotalAmt01615733
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Increase in CSV of life Insurance $1310 Realized Loss on Investments $22587
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Increase in CSV of Life Insurance $1310 Unrealized Loss on Investments $0 Realized Loss on Investments $22587
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0582323
IRS990ScheduleD/TotalExpensesPerForm990Amt01106923
IRS990ScheduleD/TotalLiabilityAmt02183
IRS990ScheduleD/TotalRevenuePerForm990Amt01615733
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01676886
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01130820
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Two of the Board members- SK Chang and Judy Chang have a family relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors keeps minutes of its meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Governing Body reviews the 990 in detail before signing and filing the return
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of directors is in charge of reviewing and monitoring the conflict of interest policy comliance and votes on decisions on enforcement as needed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The board reviews and approves all raises and salaries.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The board reviews and approves all raises and salaries.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SignificantChangeInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0243873
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt05477044
IRS990/TotalAssetsGrp/BOYAmt04933750
IRS990/TotalAssetsGrp/EOYAmt05477044
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0195618
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0911305
IRS990/TotalFunctionalExpensesGrp/TotalAmt01106923
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012247
IRS990/TotalLiabilitiesEOYAmt09475
IRS990/TotalLiabilitiesGrp/BOYAmt012247
IRS990/TotalLiabilitiesGrp/EOYAmt09475
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04921503
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IRS990/TotalProgramServiceExpensesAmt0911305
IRS990/TotalProgramServiceRevenueAmt01483318
IRS990/TotalReportableCompFromOrgAmt0113741
IRS990/TotalRevenueGrp/ExclusionAmt0155002
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01460731
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01615733
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04933750
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05477044
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt04024
IRS990/TravelGrp/TotalAmt04024
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt04679212
IRS990/UnrestrictedNetAssetsGrp/EOYAmt05223696
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03420 Main Street
IRS990/USAddress/CityNm0Skokie
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060076
IRS990/VotingMembersGoverningBodyCnt04

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,477,044
Liabilities
$9,475
Net assets
$5,467,569
Revenue
$1,615,733
Expenses
$1,106,923
Net income
$508,810
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.16$0.00$4.16$0.20$0.27$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.24$0.01$4.23$0.78$0.41$0.37
2022Detailed filing. Detailed filing data is available for this year.$3.95$0.01$3.94$0.22$0.50$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.78$0.01$4.78$0.33$0.41$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.71$0.05$4.66$0.37$0.45$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.69$0.00$4.69$0.17$0.47$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.60$0.00$4.60$0.11$0.51$0.41
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.29$0.01$5.29$0.55$0.79$0.24
2016Detailed filing. Detailed filing data is available for this year.$5.48$0.01$5.47$1.62$1.11$0.51
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.93$0.01$4.92$1.96$0.91$1.05
2014Detailed filing. Detailed filing data is available for this year.$3.95$0.00$3.95$1.95$0.84$1.11
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.84$0.00$2.84$1.91$0.80$1.10