Civic Intelligence

Bay Lake Improvement Association Environmental Protection Fund

990 • Fiscal year 2016 • EIN 41-1288821

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

121 Westwood Lane SWayzata, MN 55391

(612) 325-2477

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

84th percentile

29%

Higher net margin than 84% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

66th percentile

13%

Faster asset growth than 66% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

39th percentile

-6.3%

Faster revenue growth than 39% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$492,439

Up $55,435 (+13%) from 2015

Net Assets

Up

$490,109

Up $53,105 (+12%) from 2015

Liabilities

Up

$2,330

Up $2,330 from 2015

Revenue

Down

$188,573

Down $12,675 (-6.3%) from 2015

Expenses

Down

$133,016

Down $15,537 (-10%) from 2015

Net Income

Up

$55,557

Up $2,862 (+5.4%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $228,871Liabilities 2011: $1,4392011Assets 2012: $254,341Liabilities 2012: $02012Assets 2013: $309,767Liabilities 2013: $02013Assets 2014: $384,309Liabilities 2014: $02014Assets 2015: $437,004Liabilities 2015: $0Net Assets 2015: $437,0042015Assets 2016: $492,439Liabilities 2016: $2,330Net Assets 2016: $490,1092016Assets 2017: $570,329Liabilities 2017: $2,647Net Assets 2017: $567,6822017Assets 2018: $647,488Liabilities 2018: $6,623Net Assets 2018: $640,8652018Assets 2019: $731,920Liabilities 2019: $8,700Net Assets 2019: $723,2202019Assets 2020: $754,170Liabilities 2020: $156Net Assets 2020: $754,0142020Assets 2021: $844,669Liabilities 2021: $6,366Net Assets 2021: $838,3032021Assets 2022: $961,483Liabilities 2022: $22,304Net Assets 2022: $939,1792022Assets 2023: $1,035,053Liabilities 2023: $13,005Net Assets 2023: $1,022,0482023Assets 2024: $1,126,521Liabilities 2024: $30,514Net Assets 2024: $1,096,0072024

Highlighted filing

2016

Assets$492,439
Liabilities$2,330
Net Assets$490,109

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2011: $184,035Expenses 2011: $98,207Net Income 2011: $85,8282011Revenue 2012: $156,654Expenses 2012: $129,745Net Income 2012: $26,9092012Revenue 2013: $194,943Expenses 2013: $139,517Net Income 2013: $55,4262013Revenue 2014: $187,476Expenses 2014: $112,934Net Income 2014: $74,5422014Revenue 2015: $201,248Expenses 2015: $148,553Net Income 2015: $52,6952015Revenue 2016: $188,573Expenses 2016: $133,016Net Income 2016: $55,5572016Revenue 2017: $226,231Expenses 2017: $148,503Net Income 2017: $77,7282017Revenue 2018: $233,900Expenses 2018: $160,423Net Income 2018: $73,4772018Revenue 2019: $251,769Expenses 2019: $169,876Net Income 2019: $81,8932019Revenue 2020: $196,453Expenses 2020: $165,712Net Income 2020: $30,7412020Revenue 2021: $315,749Expenses 2021: $229,071Net Income 2021: $86,6782021Revenue 2022: $339,453Expenses 2022: $213,713Net Income 2022: $125,7402022Revenue 2023: $372,236Expenses 2023: $303,908Net Income 2023: $68,3282023Revenue 2024: $387,881Expenses 2024: $313,922Net Income 2024: $73,9592024

Highlighted filing

2016

Revenue$188,573
Expenses$133,016
Net Income$55,557
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$194,456
Mission and Program Overview

Mission

Preserve and enhance the natural environment of bay lake.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$302,879$355,843▲ $52,964
Savings and Temporary Cash Investments$134,125$134,381▲ $256
Investments in Publicly Traded Securities-$2,215-
Total Assets$437,004$492,439▲ $55,435
Liabilities
Accounts Payable and Accrued Expenses-$2,330-
Total Liabilities$0$2,330▲ $2,330
Net Assets / Fund Balance
Temporarily Rstr Net Assets$246,095$273,362▲ $27,267
Unrestricted Net Assets$190,909$216,747▲ $25,838
Total Net Assets Fund Balance$437,004$490,109▲ $53,105
Total Liabilities and Net Assets / Fund Balance$437,004$492,439▲ $55,435
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bruce JohnsonPresident
Phil RollinsVice President
Chris GondeckCo-treasurer
Sylvia GraffCo-treasurer
Jennifer QualenSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$142,438
Program Service Revenue
$0
Investment Income
$564
Other Revenue
$45,571
All Other Contributions
$123,268
Change in Net Assets
$55,557

Audited Revenue Reconciliation

Revenue per Audited Statements
$194,456
Revenue Not Reported on Financial Statements
$-5,883
Revenue Not Reported on Form 990
$90
Other Revenue Adjustments
$-5,883
Total Revenue per Audited Statements
$194,546
Total Revenue per Form 990
$188,573
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$133,016
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
All Other Expenses$8,526$5,391-$13,917
Other Expenses$23,112$11,000-$11,000
Office Expenses-$4,882-$4,882
Fees for Services Accounting-$3,540-$3,540
Insurance-$1,631-$1,631
Total Functional Expenses$106,572$26,444$0$133,016

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$138,899
Expenses per Audited Statements$133,016
Total Expenses per Form 990$133,016
Expenses Not Reported on Form 990$5,883
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 Gross Income$35,160
Fundraising Direct Expenses$5,883
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Runtilla$35,160$35,160$5,883$29,277
Total Events$35,160$35,160$5,883$29,277
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
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
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

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed and signed by the treasurer, chris gondeck.

Form 990, Part VI, Section C, Line 19

Governing documents, policies, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Bay Lake Improvement Association
EIN
41-1288821
Phone
6123252477
Address
121 WESTWOOD LANE S, WAYZATA, MN 55391

Signing Officer

Name
Chris Gondeck
Title
Co-treasurer
Phone
6123252477
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Gondeck
Formed
1970
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
40

Preparer

Firm
Boeckermann Grafstrom & Mayer LLC
Address
332 MINNESOTA STREET STE W-900, ST PAUL, MN 55101
Preparer
Corey Edmunds
Phone
6512279431
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Database management: program service expenses 4,181. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,181. Picnic expense: program service expenses 0. Management and general expenses 3,564. Fundraising expenses 0. Total expenses 3,564. Other expense: program service expenses 2,799. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,799. Holiday party expense: program service expenses 0. Management and general expenses 1,827. Fundraising expenses 0. Total expenses 1,827. Miscellaneous expense: program service expenses 1,446. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,446. Memberships: program service expenses 100. Management and general expenses 0. Fundraising expenses 0. Total expenses 100.

FORM 990, PART XII, LINE 2C:

There have not been any changes in the oversight process.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

FUNDRAISING EXPENSES

PART XII, LINE 2D - OTHER ADJUSTMENTS:

FUNDRAISING EXPENSES

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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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt05883
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0133016
IRS990ScheduleD/NetUnrealizedGainsInvstAmt090
IRS990ScheduleD/OtherExpensesIncludedAmt05883
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-5883
IRS990ScheduleD/RevenueNotReportedAmt090
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-5883
IRS990ScheduleD/RevenueSubtotalAmt0194456
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0133016
IRS990ScheduleD/TotalRevenuePerForm990Amt0188573
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0194546
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0138899
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt05883
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RUNTILLA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt035160
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt035160
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt035160
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt035160
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt029277
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05883
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05883
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED AND SIGNED BY THE TREASURER, CHRIS GONDECK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DATABASE MANAGEMENT: PROGRAM SERVICE EXPENSES 4,181. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,181. PICNIC EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,564. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,564. OTHER EXPENSE: PROGRAM SERVICE EXPENSES 2,799. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,799. HOLIDAY PARTY EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,827. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,827. MISCELLANEOUS EXPENSE: PROGRAM SERVICE EXPENSES 1,446. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,446. MEMBERSHIPS: PROGRAM SERVICE EXPENSES 100. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE HAVE NOT BEEN ANY CHANGES IN THE OVERSIGHT PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0246095
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0273362
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0437004
IRS990/TotalAssetsEOYAmt0492439
IRS990/TotalAssetsGrp/BOYAmt0437004
IRS990/TotalAssetsGrp/EOYAmt0492439
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0142438
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026444
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0106572
IRS990/TotalFunctionalExpensesGrp/TotalAmt0133016
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt02330
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt02330
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0437004
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0490109
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0106572
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt029841
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt016294
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0188573
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0437004
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0492439
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0190909
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0216747
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0121 WESTWOOD LANE S
IRS990/USAddress/CityNm0WAYZATA
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055391
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.BAYLAKE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS GONDECK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06123252477
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BAY LAKE IMPROVEMENT ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ENVIRONMENTAL FUND
ReturnHeader/Filer/BusinessNameControlTxt0BAYL
ReturnHeader/Filer/EIN0411288821
ReturnHeader/Filer/PhoneNum06123252477
ReturnHeader/Filer/USAddress/AddressLine1Txt0121 WESTWOOD LANE S
ReturnHeader/Filer/USAddress/CityNm0WAYZATA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055391
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0EB6D52E38770AA3BD6D4000CD4552C8E2920AE3F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.194.192.210
ReturnHeader/FilingSecurityInformation/IPDt02017-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:10:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200472826
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOECKERMANN GRAFSTROM & MAYER LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0332 MINNESOTA STREET STE W-900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST PAUL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055101
ReturnHeader/PreparerPersonGrp/PhoneNum06512279431
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0COREY EDMUNDS
ReturnHeader/ReturnTs02017-11-14T10:07:24-06:00
ReturnHeader/ReturnTypeCd0990

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.03$1.10$0.39$0.31$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.01$1.02$0.37$0.30$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.02$0.94$0.34$0.21$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.01$0.84$0.32$0.23$0.09
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.75$0.00$0.75$0.20$0.17$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.01$0.72$0.25$0.17$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.01$0.64$0.23$0.16$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.00$0.57$0.23$0.15$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.19$0.13$0.06
2015Summary only. Only limited summary data is available for this year.$0.44$0.00$0.44$0.20$0.15$0.05
2014Summary only. Only limited summary data is available for this year.$0.38$0.00$0.19$0.11$0.07
2013Summary only. Only limited summary data is available for this year.$0.31$0.00$0.19$0.14$0.06
2012Summary only. Only limited summary data is available for this year.$0.25$0.00$0.16$0.13$0.03
2011Summary only. Only limited summary data is available for this year.$0.23$0.00$0.18$0.10$0.09