Civic Intelligence

Central Wisconsin State Fair Association of Marshfield Ltd.

990 • Fiscal year 2017 • EIN 39-0796251

Nov 01, 2016 to Oct 31, 2017 • Filed on Mar 31, 2018

513 E 17th StreetMarshfield, WI 54449

(715) 387-1261

Siviq Scores

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

Liabilities / Assets

66th percentile

0.13x

Higher debt load relative to assets than 66% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

75th percentile

0.21x

Higher debt load relative to revenue than 75% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

9th percentile

-31%

Higher net margin than 9% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

11th percentile

-15%

Faster asset growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-44%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$845,987

Down $151,657 (-15%) from 2016

Net Assets

Down

$737,173

Down $161,225 (-18%) from 2016

Liabilities

Up

$108,814

Up $9,568 (+9.6%) from 2016

Revenue

Down

$518,155

Down $405,944 (-44%) from 2016

Expenses

Down

$679,380

Down $32,016 (-4.5%) from 2016

Net Income

Down

-$161,225

Down $373,928 (-176%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $785,793Liabilities 2010: $172,799Net Assets 2010: $612,9942010Assets 2011: $771,217Liabilities 2011: $199,191Net Assets 2011: $572,0262011Assets 2012: $733,186Liabilities 2012: $174,217Net Assets 2012: $558,9692012Assets 2013: $683,036Liabilities 2013: $166,153Net Assets 2013: $516,8832013Assets 2014: $856,656Liabilities 2014: $215,444Net Assets 2014: $641,2122014Assets 2015: $923,188Liabilities 2015: $237,493Net Assets 2015: $685,6952015Assets 2016: $997,644Liabilities 2016: $99,246Net Assets 2016: $898,3982016Assets 2017: $845,987Liabilities 2017: $108,814Net Assets 2017: $737,1732017Assets 2018: $822,652Liabilities 2018: $132,208Net Assets 2018: $690,4442018Assets 2019: $749,326Liabilities 2019: $144,719Net Assets 2019: $604,6072019Assets 2020: $837,033Liabilities 2020: $245,121Net Assets 2020: $591,9122020Assets 2021: $825,051Liabilities 2021: $229,517Net Assets 2021: $595,5342021Assets 2022: $919,859Liabilities 2022: $229,016Net Assets 2022: $690,8432022Assets 2023: $898,563Liabilities 2023: $203,171Net Assets 2023: $695,3922023Assets 2024: $924,255Liabilities 2024: $177,628Net Assets 2024: $746,6272024

Highlighted filing

2017

Assets$845,987
Liabilities$108,814
Net Assets$737,173

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $657,6852010Revenue 2011: $627,973Expenses 2011: $656,308Net Income 2011: -$28,3352011Revenue 2012: $662,757Expenses 2012: $593,837Net Income 2012: $68,9202012Revenue 2013: $594,661Expenses 2013: $636,747Net Income 2013: -$42,0862013Revenue 2014: $679,846Expenses 2014: $681,897Net Income 2014: -$2,0512014Revenue 2015: $645,184Expenses 2015: $604,199Net Income 2015: $40,9852015Revenue 2016: $924,099Expenses 2016: $711,396Net Income 2016: $212,7032016Revenue 2017: $518,155Expenses 2017: $679,380Net Income 2017: -$161,2252017Revenue 2018: $623,376Expenses 2018: $670,105Net Income 2018: -$46,7292018Revenue 2019: $640,028Expenses 2019: $725,865Net Income 2019: -$85,8372019Revenue 2020: $354,415Expenses 2020: $367,110Net Income 2020: -$12,6952020Revenue 2021: $671,586Expenses 2021: $667,964Net Income 2021: $3,6222021Revenue 2022: $909,771Expenses 2022: $814,462Net Income 2022: $95,3092022Revenue 2023: $982,176Expenses 2023: $977,627Net Income 2023: $4,5492023Revenue 2024: $999,848Expenses 2024: $948,613Net Income 2024: $51,2352024

Highlighted filing

2017

Revenue$518,155
Expenses$679,380
Net Income-$161,225
Jump To
Filing Snapshot
Filing Period
Nov 1, 2016 to Oct 31, 2017
Signed
Mar 31, 2018
Return Version
2016v3.0
Gross Receipts
$518,155
Mission and Program Overview

Mission

To conduct the central wi state fair

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$562,264$794,118▲ $231,854
Rtn Earn Endowment Incm Other Fnds$898,398$737,173▼ $161,225
Savings and Temporary Cash Investments$320,229$45,346▼ $274,883
Accounts Receivable$2,976--
Cash and Non-Interest-Bearing Accounts$108,175$2,523▼ $105,652
Total Assets$997,644$845,987▼ $151,657
Other Assets Total$4,000$4,000→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$96,667$106,274▲ $9,607
Accounts Payable and Accrued Expenses$2,579$2,540▼ $39
Total Liabilities$99,246$108,814▲ $9,568
Net Assets / Fund Balance
Total Net Assets Fund Balance$898,398$737,173▼ $161,225
Total Liabilities and Net Assets / Fund Balance$997,644$845,987▼ $151,657

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$476,327$413,609$864,088
Other Land Buildings$137,749$189,892$327,641
Equipment$34,496$165,064$199,560
Land$145,546-$145,546
Compensation and Service Providers

Board Members and Trustees

NameTitle
Larry GilbertsonPresident
Carol KerperVice President
Andy KeoghDirector
Ed WagnerDirector
Jeff ViergutzDirector
Jeremy CarolfiDirector
Sara SchmittDirector
Jason ZaleskiCity Rep
Adam FischerEx Secgen Mgr
Lori SalzmannJunior Fair Rep
Kathy BanksSecretary
Jeff HartmannTreasurer
Bob AshbeckWood County Rep
Revenue and Support

Revenue Composition

Contributions and Grants
$39,471
Program Service Revenue
$472,279
Investment Income
$99
Other Revenue
$6,306
Change in Net Assets
$-161,225
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$581,270
Salaries, Compensation, and Employee Benefits$98,110
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$79,511--$79,511
Other Expenses$63,603--$63,603
Depreciation Depletion$58,333--$58,333
Other Salaries and Wages$57,555--$57,555
Fees for Services Other$33,745--$33,745
Current Officers, Directors, Trustees, and Key Employees-$33,557-$33,557
Advertising$17,104--$17,104
Insurance-$14,864-$14,864
Office Expenses$9,551--$9,551
Payroll Taxes$6,998--$6,998
Fees for Services Accounting-$2,845-$2,845
Interest-$50-$50
Total Functional Expenses$628,064$51,316$0$679,380
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
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

This organization has members

Member election for additional members Part VI line 7A

The members of the association are entitled to vote for each director position at the annual meeting

Form 990 governing body review Part VI line 11

The treasurer of the board of director reviews the 990 prior to filing

Governing documents etc available to public Part VI line 19

990 is available to the public upon request

Filing and Contact Details

Filer

Filer Name
Central Wisconsin State Fair
EIN
39-0796251
Address
513 E 17TH STREET, MARSHFIELD, WI 54449

Signing Officer

Name
Jeffrey Hartman
Title
President
Phone
7153871261
Signed
2018-03-31
Discuss with paid preparer
No

Organization Details

Formed
1903
Legal Domicile
Wi
Voting Board Members
13
Independent Board Members
12
Employees
67

Preparer

Firm
Stroetz Tax & Accounting LLC
Address
110 W 4th Street PO Box 1476, Marshfield, WI 54449
Preparer
Jennifer Stroetz
Phone
7155023060
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Draft horse expense: $3,122educational garden expense: $200facilities expense: $218fairest of the fair: $1,635fundraisers: $6,823gas/oil: $2,693horse pull: $4,367hospitality: $3,972jr fair expenses: $5,444membership dues: $1,558miscellaneous expense: $110permits/licenses: $490petty cash expense: $100refunds: $695ribbons/awards: $3,370sales tax: $2,223supplies: $7,354telephone: $4,503utilities: $14,507cash discrepancy: $5,171other expenses: $54

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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt057555
IRS990/OtherSalariesAndWagesGrp/TotalAmt057555
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt06998
IRS990/PayrollTaxesGrp/TotalAmt06998
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0GATE RECEIPTS
IRS990/ProgramServiceRevenueGrp/Desc1SPACE & PRIVILEGES
IRS990/ProgramServiceRevenueGrp/Desc2SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/Desc3GRANDSTAND
IRS990/ProgramServiceRevenueGrp/Desc4CONCESSIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0172138
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15086
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt260069
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt337312
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt44000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0172138
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15086
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt260069
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt337312
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0128986
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0174185
IRS990/PYOtherExpensesAmt0605310
IRS990/PYOtherRevenueAmt090597
IRS990/PYProgramServiceRevenueAmt0530331
IRS990/PYRevenuesLessExpensesAmt0212703
IRS990/PYSalariesCompEmpBnftPaidAmt0106086
IRS990/PYTotalExpensesAmt0711396
IRS990/PYTotalRevenueAmt0924099
IRS990/ReconcilationRevenueExpnssAmt0-161225
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0898398
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0737173
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0320229
IRS990/SavingsAndTempCashInvstGrp/EOYAmt045346
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt039471
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt039188
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt039269
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt045922
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt044586
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0208436
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt099
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0166
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0105
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0121
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0344
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0835
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99600
IRS990ScheduleA/PublicSupportPY170Pct00.98830
IRS990ScheduleA/PublicSupportTotal170Amt0208436
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt039471
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt039188
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt039269
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt045922
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt044586
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0208436
IRS990ScheduleA/TotalSupportAmt0209271
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0476327
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0413609
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt025848
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0864088
IRS990ScheduleD/EquipmentGrp/BookValueAmt034496
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0165064
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0199560
IRS990ScheduleD/LandGrp/BookValueAmt0145546
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0145546
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0137749
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0189892
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0327641
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0794118
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS ORGANIZATION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE ASSOCIATION ARE ENTITLED TO VOTE FOR EACH DIRECTOR POSITION AT THE ANNUAL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TREASURER OF THE BOARD OF DIRECTOR REVIEWS THE 990 PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3990 IS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DRAFT HORSE EXPENSE: $3,122EDUCATIONAL GARDEN EXPENSE: $200FACILITIES EXPENSE: $218FAIREST OF THE FAIR: $1,635FUNDRAISERS: $6,823GAS/OIL: $2,693HORSE PULL: $4,367HOSPITALITY: $3,972JR FAIR EXPENSES: $5,444MEMBERSHIP DUES: $1,558MISCELLANEOUS EXPENSE: $110PERMITS/LICENSES: $490PETTY CASH EXPENSE: $100REFUNDS: $695RIBBONS/AWARDS: $3,370SALES TAX: $2,223SUPPLIES: $7,354TELEPHONE: $4,503UTILITIES: $14,507CASH DISCREPANCY: $5,171OTHER EXPENSES: $54
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0997644
IRS990/TotalAssetsEOYAmt0845987
IRS990/TotalAssetsGrp/BOYAmt0997644
IRS990/TotalAssetsGrp/EOYAmt0845987
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt039471
IRS990/TotalEmployeeCnt067
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051316
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0628064
IRS990/TotalFunctionalExpensesGrp/TotalAmt0679380
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt099246
IRS990/TotalLiabilitiesEOYAmt0108814
IRS990/TotalLiabilitiesGrp/BOYAmt099246
IRS990/TotalLiabilitiesGrp/EOYAmt0108814
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0898398
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0737173
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0193674
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0193674
IRS990/TotalProgramServiceExpensesAmt0628064
IRS990/TotalProgramServiceRevenueAmt0472279
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0478684
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0518155
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0997644
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0845987
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationAssocInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.24$1.78$7.47$10.00$9.49$0.51
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.99$2.03$6.95$9.82$9.78$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.20$2.29$6.91$9.10$8.14$0.95
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.25$2.30$5.96$6.72$6.68$0.04
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.37$2.45$5.92$3.54$3.67$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.49$1.45$6.05$6.40$7.26$0.86
2018Summary only. Only limited summary data is available for this year.$8.23$1.32$6.90$6.23$6.70$0.47
2017Detailed filing. Detailed filing data is available for this year.$8.46$1.09$7.37$5.18$6.79$1.61
2016Detailed filing. Detailed filing data is available for this year.$9.98$0.99$8.98$9.24$7.11$2.13
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.23$2.37$6.86$6.45$6.04$0.41
2014Summary only. Only limited summary data is available for this year.$8.57$2.15$6.41$6.80$6.82$0.02
2013Summary only. Only limited summary data is available for this year.$6.83$1.66$5.17$5.95$6.37$0.42
2012Summary only. Only limited summary data is available for this year.$7.33$1.74$5.59$6.63$5.94$0.69
2011Summary only. Only limited summary data is available for this year.$7.71$1.99$5.72$6.28$6.56$0.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.86$1.73$6.13$6.58
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