Civic Intelligence

Three Oaks Circle Inc.

990 • Fiscal year 2017 • EIN 39-1959616

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 07, 2017

20875 Crossroads Circle Suite 400Waukesha, WI 53186-4052

(262) 798-1224

Siviq Scores

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

Liabilities / Assets

97th percentile

1.73x

Higher debt load relative to assets than 97% of similar nonprofits.

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

Liabilities / Revenue

98th percentile

12.59x

Higher debt load relative to revenue than 98% of similar nonprofits.

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

Net Margin

9th percentile

-33%

Higher net margin than 9% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

20th percentile

-4.6%

Faster asset growth than 20% of similar nonprofits.

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

Revenue Growth

55th percentile

6.4%

Faster revenue growth than 55% of similar nonprofits.

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

Assets

Down

$2,202,624

Down $106,258 (-4.6%) from 2016

Net Assets

Down

-$1,601,379

Down $100,450 (-6.7%) from 2016

Liabilities

Down

$3,804,003

Down $5,808 (-0.2%) from 2016

Revenue

Up

$302,047

Up $18,175 (+6.4%) from 2016

Expenses

Down

$402,498

Down $1,535 (-0.4%) from 2016

Net Income

Up

-$100,451

Up $19,710 (+16%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2012: $2,785,353Liabilities 2012: $3,785,928Net Assets 2012: -$1,000,5752012Assets 2013: $2,646,504Liabilities 2013: $3,774,810Net Assets 2013: -$1,128,3062013Assets 2014: $2,514,478Liabilities 2014: $3,777,176Net Assets 2014: -$1,262,6982014Assets 2015: $2,408,062Liabilities 2015: $3,788,830Net Assets 2015: -$1,380,7682015Assets 2016: $2,308,882Liabilities 2016: $3,809,811Net Assets 2016: -$1,500,9292016Assets 2017: $2,202,624Liabilities 2017: $3,804,003Net Assets 2017: -$1,601,3792017Assets 2018: $2,113,537Liabilities 2018: $3,792,581Net Assets 2018: -$1,679,0442018Assets 2019: $2,062,687Liabilities 2019: $3,818,536Net Assets 2019: -$1,755,8492019Assets 2020: $2,046,568Liabilities 2020: $3,858,370Net Assets 2020: -$1,811,8022020Assets 2021: $1,944,562Liabilities 2021: $3,837,910Net Assets 2021: -$1,893,3482021Assets 2022: $1,759,799Liabilities 2022: $3,773,748Net Assets 2022: -$2,013,9492022Assets 2023: $1,687,511Liabilities 2023: $3,822,707Net Assets 2023: -$2,135,1962023Assets 2024: $1,521,718Liabilities 2024: $3,767,040Net Assets 2024: -$2,245,3222024

Highlighted filing

2017

Assets$2,202,624
Liabilities$3,804,003
Net Assets-$1,601,379

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2012: $370,9552012Revenue 2013: $257,199Expenses 2013: $384,930Net Income 2013: -$127,7312013Revenue 2014: $257,003Expenses 2014: $391,395Net Income 2014: -$134,3922014Revenue 2015: $273,631Expenses 2015: $391,702Net Income 2015: -$118,0712015Revenue 2016: $283,872Expenses 2016: $404,033Net Income 2016: -$120,1612016Revenue 2017: $302,047Expenses 2017: $402,498Net Income 2017: -$100,4512017Revenue 2018: $316,358Expenses 2018: $394,023Net Income 2018: -$77,6652018Revenue 2019: $327,618Expenses 2019: $404,424Net Income 2019: -$76,8062019Revenue 2020: $336,649Expenses 2020: $392,602Net Income 2020: -$55,9532020Revenue 2021: $337,288Expenses 2021: $418,834Net Income 2021: -$81,5462021Revenue 2022: $332,173Expenses 2022: $452,775Net Income 2022: -$120,6022022Revenue 2023: $352,709Expenses 2023: $473,956Net Income 2023: -$121,2472023Revenue 2024: $362,248Expenses 2024: $472,375Net Income 2024: -$110,1272024

Highlighted filing

2017

Revenue$302,047
Expenses$402,498
Net Income-$100,451
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 7, 2017
Return Version
2016v3.0
Gross Receipts
$302,047
Mission and Program Overview

Mission

To provide housing for low income elderly individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,175,318$2,054,732▼ $120,586
Cash and Non-Interest-Bearing Accounts$2,021$28,518▲ $26,497
Intangible Assets$23,228$21,648▼ $1,580
Accounts Receivable$10,773$15,252▲ $4,479
Prepaid Expenses and Deferred Charges$3,863$4,003▲ $140
Total Assets$2,308,882$2,202,624▼ $106,258
Other Assets Total$93,679$78,471▼ $15,208
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,742,500$3,742,500→ $0
Accounts Payable and Accrued Expenses$53,124$46,941▼ $6,183
Other Liabilities$14,004$14,004→ $0
Deferred Revenue$183$558▲ $375
Total Liabilities$3,809,811$3,804,003▼ $5,808
Net Assets / Fund Balance
Unrestricted Net Assets$-1,500,929$-1,601,379▼ $100,450
Total Net Assets Fund Balance$-1,500,929$-1,601,379▼ $100,450
Total Liabilities and Net Assets / Fund Balance$2,308,882$2,202,624▼ $106,258

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,762,174$1,776,289$3,538,463
Land$290,213-$290,213
Equipment$2,345$81,923$84,268
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rebecca G ToledoChair/direct
Sister Wanda SheberVice Chair/d
Angela KingswanDirector
Marie NowakDirector
Richard J GonzalezDirector
Sister Marilyn BroddDirector
Sr Mary Hau OsfDirector
Lisa MechaTreasurer/di
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$295,962
Investment Income
$133
Other Revenue
$5,952
Change in Net Assets
$-100,451

Audited Revenue Reconciliation

Revenue per Audited Statements
$302,047
Total Revenue per Audited Statements
$302,047
Total Revenue per Form 990
$302,047
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$402,498
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$134,627--$134,627
Fees for Services Other$33,644$51,439-$85,083
Fees for Services Management-$28,224-$28,224
Office Expenses-$16,440-$16,440
All Other Expenses$4,693$9,144-$13,837
Other Expenses$10,606--$10,606
Insurance$8,732--$8,732
Fees for Services Accounting-$8,461-$8,461
Advertising-$782-$782
Total Functional Expenses$288,008$114,490$0$402,498

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$402,498
Total Expenses per Audited Statements$402,498
Total Expenses per Form 990$402,498
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits Liability$14,004
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
No
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Management company: capri senior communities 20875 crossroads circle, suite 400 waukesha, wi 53186-4052

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

Form 990 is reviewed by management of the governing body.

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

Discussion of conflicts of interests is taken place at the designated board meeting in the minutes to evaluate each member's status of any relavent information as to current conflict of interest with the organization.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Three Oaks Circle Inc
EIN
39-1959616
Phone
2627981224
Address
20875 CROSSROADS CIRCLE SUITE 400, WAUKESHA, WI 53186-4052

Signing Officer

Name
Rebecca G Toledo
Title
Chair/director
Phone
4143841515
Signed
2017-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca G Toledo
Formed
1999
Legal Domicile
Wi
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Jankins Jablonski LLC
Address
6220A S 108TH ST, HALES CORNERS, WI 53130-2527
Preparer
Joseph J Jablonski CPA
Phone
4148582282
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Subcontract labor - office 0 14,191 0 subcontract labor - mgmt. 0 37,248 0 subcontract labor - maint. 30,808 0 0 subcontract labor - security 2,836 0 0 total 33,644 51,439 0

Form 990, Part XI, Line 9

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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0133
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0124
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0104
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt093
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0560
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt05067
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt04864
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04921
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04536
IRS990ScheduleA/OtherIncome509Grp/TotalAmt030912
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97710
IRS990ScheduleA/PublicSupportPY509Pct00.98100
IRS990ScheduleA/PublicSupportTotal509Amt01342280
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0290390
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0278681
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0268661
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0251978
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0252570
IRS990ScheduleA/Total509Grp/TotalAmt01342280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0302047
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0257003
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt01776289
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03538463
IRS990ScheduleD/EquipmentGrp/BookValueAmt02345
IRS990ScheduleD/EquipmentGrp/DepreciationAmt081923
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt084268
IRS990ScheduleD/ExpensesSubtotalAmt0402498
IRS990ScheduleD/LandGrp/BookValueAmt0290213
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0290213
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014004
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt0302047
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02054732
IRS990ScheduleD/TotalExpensesPerForm990Amt0402498
IRS990ScheduleD/TotalLiabilityAmt014004
IRS990ScheduleD/TotalRevenuePerForm990Amt0302047
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0302047
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0402498
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT COMPANY: CAPRI SENIOR COMMUNITIES 20875 CROSSROADS CIRCLE, SUITE 400 WAUKESHA, WI 53186-4052
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY MANAGEMENT OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCUSSION OF CONFLICTS OF INTERESTS IS TAKEN PLACE AT THE DESIGNATED BOARD MEETING IN THE MINUTES TO EVALUATE EACH MEMBER'S STATUS OF ANY RELAVENT INFORMATION AS TO CURRENT CONFLICT OF INTEREST WITH THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUBCONTRACT LABOR - OFFICE 0 14,191 0 SUBCONTRACT LABOR - MGMT. 0 37,248 0 SUBCONTRACT LABOR - MAINT. 30,808 0 0 SUBCONTRACT LABOR - SECURITY 2,836 0 0 TOTAL 33,644 51,439 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ROUNDING 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
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 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt02202624
IRS990/TotalAssetsGrp/BOYAmt02308882
IRS990/TotalAssetsGrp/EOYAmt02202624
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IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0114490
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0288008
IRS990/TotalFunctionalExpensesGrp/TotalAmt0402498
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03809811
IRS990/TotalLiabilitiesEOYAmt03804003
IRS990/TotalLiabilitiesGrp/BOYAmt03809811
IRS990/TotalLiabilitiesGrp/EOYAmt03804003
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1500929
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1601379
IRS990/TotalProgramServiceExpensesAmt0288008
IRS990/TotalProgramServiceRevenueAmt0295962
IRS990/TotalRevenueGrp/ExclusionAmt0133
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0301914
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0302047
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02308882
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02202624
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1500929
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1601379
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03250 SOUTH HIGHPOINT COURT
IRS990/USAddress/CityNm0NEW BERLIN
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053151
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.CAPRICOMMUNITIES.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0REBECCA G TOLEDO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04143841515
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THREE OAKS CIRCLE INC
ReturnHeader/Filer/BusinessNameControlTxt0THRE
ReturnHeader/Filer/EIN0391959616
ReturnHeader/Filer/PhoneNum02627981224
ReturnHeader/Filer/USAddress/AddressLine1Txt020875 CROSSROADS CIRCLE SUITE 400
ReturnHeader/Filer/USAddress/CityNm0WAUKESHA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd0531864052
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BB06972EC02F9635A2F7D1B6153FCF728F57B78E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0181FCF266EEEF50BB7485E2A7B75764280C51C90
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464382120
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JANKINS JABLONSKI LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06220A S 108TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HALES CORNERS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0531302527
ReturnHeader/PreparerPersonGrp/PhoneNum04148582282
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH J JABLONSKI CPA
ReturnHeader/ReturnTs02017-11-15T15:44:34-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.52$3.77$2.25$0.36$0.47$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.69$3.82$2.14$0.35$0.47$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.76$3.77$2.01$0.33$0.45$0.12
2021Detailed filing. Detailed filing data is available for this year.$1.94$3.84$1.89$0.34$0.42$0.08
2020Detailed filing. Detailed filing data is available for this year.$2.05$3.86$1.81$0.34$0.39$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.06$3.82$1.76$0.33$0.40$0.08
2018Detailed filing. Detailed filing data is available for this year.$2.11$3.79$1.68$0.32$0.39$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.20$3.80$1.60$0.30$0.40$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.31$3.81$1.50$0.28$0.40$0.12
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$3.79$1.38$0.27$0.39$0.12
2014Detailed filing. Detailed filing data is available for this year.$2.51$3.78$1.26$0.26$0.39$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$3.77$1.13$0.26$0.38$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.79$3.79$1.00$0.37