Civic Intelligence

South St. Paul Educational Foundation

990 • Fiscal year 2023 • EIN 41-1494597

Jul 01, 2022 to Jun 30, 2023 • Filed on Sep 28, 2023

521 Marie AvenueSouth St Paul, MN 55075

(651) 457-9440

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

8th percentile

0.01x

Higher debt load relative to revenue than 8% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

89th percentile

46%

Higher net margin than 89% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

16th percentile

$48,750

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

54th percentile

7.2%

Faster asset growth than 54% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Assets

Up

$10,868,124

Up $725,657 (+7.2%) from 2022

Net Assets

Up

$10,857,357

Up $714,999 (+7.0%) from 2022

Liabilities

Up

$10,767

Up $10,658 (+9778%) from 2022

Revenue

Up

$1,562,120

Up $2,303,941 (+311%) from 2022

Expenses

Up

$846,714

Up $104,001 (+14%) from 2022

Net Income

Up

$715,406

Up $2,199,940 (+148%) from 2022

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $4,250,911Liabilities 2011: $6,631Net Assets 2011: $4,244,2802011Assets 2012: $4,435,712Liabilities 2012: $5,088Net Assets 2012: $4,430,6242012Assets 2013: $5,534,635Liabilities 2013: $4,558Net Assets 2013: $5,530,0772013Assets 2014: $6,707,745Liabilities 2014: $4,694Net Assets 2014: $6,703,0512014Assets 2015: $6,696,149Liabilities 2015: $4,894Net Assets 2015: $6,691,2552015Assets 2016: $6,898,190Liabilities 2016: $5,047Net Assets 2016: $6,893,1432016Assets 2017: $7,356,921Liabilities 2017: $5,033Net Assets 2017: $7,351,8882017Assets 2018: $7,696,116Liabilities 2018: $8,858Net Assets 2018: $7,687,2582018Assets 2019: $8,550,895Liabilities 2019: $3,618Net Assets 2019: $8,547,2772019Assets 2020: $9,200,831Liabilities 2020: $29,910Net Assets 2020: $9,170,9212020Assets 2021: $11,656,802Liabilities 2021: $29,910Net Assets 2021: $11,626,8922021Assets 2022: $10,142,467Liabilities 2022: $109Net Assets 2022: $10,142,3582022Assets 2023: $10,868,124Liabilities 2023: $10,767Net Assets 2023: $10,857,3572023Assets 2024: $12,179,250Liabilities 2024: $1,509Net Assets 2024: $12,177,7412024Assets 2025: $12,855,531Liabilities 2025: $3,581Net Assets 2025: $12,851,9502025

Highlighted filing

2023

Assets$10,868,124
Liabilities$10,767
Net Assets$10,857,357

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $496,0652011Expenses 2012: $523,7202012Revenue 2013: $1,621,742Expenses 2013: $522,289Net Income 2013: $1,099,4532013Revenue 2014: $1,671,774Expenses 2014: $498,800Net Income 2014: $1,172,9742014Revenue 2015: $583,225Expenses 2015: $595,021Net Income 2015: -$11,7962015Revenue 2016: $783,446Expenses 2016: $581,558Net Income 2016: $201,8882016Revenue 2017: $1,056,334Expenses 2017: $597,589Net Income 2017: $458,7452017Revenue 2018: $970,094Expenses 2018: $634,724Net Income 2018: $335,3702018Revenue 2019: $1,560,521Expenses 2019: $700,502Net Income 2019: $860,0192019Revenue 2020: $1,332,145Expenses 2020: $708,501Net Income 2020: $623,6442020Revenue 2021: $3,136,845Expenses 2021: $680,874Net Income 2021: $2,455,9712021Revenue 2022: -$741,821Expenses 2022: $742,713Net Income 2022: -$1,484,5342022Revenue 2023: $1,562,120Expenses 2023: $846,714Net Income 2023: $715,4062023Revenue 2024: $2,217,732Expenses 2024: $897,348Net Income 2024: $1,320,3842024Revenue 2025: $1,659,150Expenses 2025: $984,941Net Income 2025: $674,2092025

Highlighted filing

2023

Revenue$1,562,120
Expenses$846,714
Net Income$715,406
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Sep 28, 2023
Return Version
2022v5.0
Gross Receipts
$2,604,179
Mission and Program Overview

Mission

The purpose of the south st. Paul educational foundation is to invest in the education of present and future generations of south st. Paul school district students by providing scholarships and supplemental classroom program funding.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,338,884$10,059,565▲ $720,681
Cash and Non-Interest-Bearing Accounts$779,300$776,433▼ $2,867
Accounts Receivable$24,283$32,126▲ $7,843
Total Assets$10,142,467$10,868,124▲ $725,657
Liabilities
Accounts Payable and Accrued Expenses$516$9,781▲ $9,265
Other Liabilities-$986-
Total Liabilities$516$10,767▲ $10,251
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,985,066$8,343,046▲ $357,980
Net Assets Without Donor Restrictions$2,156,885$2,514,311▲ $357,426
Total Net Assets Fund Balance$10,141,951$10,857,357▲ $715,406
Total Liabilities and Net Assets / Fund Balance$10,142,467$10,868,124▲ $725,657

Asset Categories

AssetBook ValueDepreciationBasis
Buildings-$14,178$14,178
Other Land Buildings-$14,178$14,178

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,420,067$135,000--$2,555,067
2022$2,220,067$200,000--$2,420,067
2021$2,220,067---$2,220,067
2020$2,220,067---$2,220,067
2019$2,264,417---$2,264,417
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Beth SkwiraExec DirectoFT$48,750$48,750

Board Members and Trustees

NameTitle
Kristi HoodPresident
Alison NelsonDirector
Brenda ApplequistDirector
Glen BirnstengelDirector
Janelle RoseDirector
John LaliberteDirector
Linda DiazDirector
Mary NiederkornDirector
Mara SondaySecretary
Nick BreznyTreasurer
Bryan PriceVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$769,775
Program Service Revenue
$0
Investment Income
$827,073
Other Revenue
$-34,728
All Other Contributions
$673,842
Change in Net Assets
$715,406

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,562,120
Revenue Not Reported on Form 990
$3,500
Total Revenue per Audited Statements
$1,565,620
Total Revenue per Form 990
$1,562,120
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$534,555
Salaries, Compensation, and Employee Benefits$180,529
Other Expenses$131,630
Total Fundraising Expense$69,680
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$534,555--$534,555
Other Salaries and Wages$78,339$26,113$58,754$163,206
Fees for Services Accounting-$25,946-$25,946
Payroll Taxes$5,993$1,998$4,495$12,486
Occupancy$5,754$1,918$4,316$11,988
All Other Expenses-$8,342-$8,342
Insurance$2,820$940$2,115$5,875
Other Employee Benefits-$4,837-$4,837
Other Expenses-$3,396-$3,396
Conferences and Meetings-$1,392-$1,392
Total Functional Expenses$627,461$149,573$69,680$846,714

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$850,214
Expenses per Audited Statements$846,714
Total Expenses per Form 990$846,714
Expenses Not Reported on Form 990$3,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$34,728
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Friends of the$30,631-$8,741-
Foundation Corp$28,474---
Total Events$94,092-$29,642$-29,642
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Donat RecipientBuilding RentsNo$11,988
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$986
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

The board of directors reviews the 990 before it is filed.

Form 990, Page 6, Part VI, Line 15A

Compensation is determined by board after review of similar ceos' compensation.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
South St Paul
EIN
41-1494597
Phone
6514579440
Address
521 MARIE AVENUE, SOUTH ST PAUL, MN 55075

Signing Officer

Name
Beth Skwira
Title
Exec Director
Phone
6514579486
Signed
2023-09-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beth Skwira
Formed
1984
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
10
Employees
4
Volunteers
30

Preparer

Firm
Lawrence Cumpston & Associates Pllp
Address
60 PLATO BLVD E SUITE 310, SAINT PAUL, MN 55107-1832
Preparer
Gary Carlson CPA
Phone
6512272333
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purpose of the south st. Paul educational foundation is to invest in the education of present and future generations of south st. Paul school district students by providing scholarships and supplemental classroom program funding.

Form 990, Page 2, Part III, Line 4A

The south st. Paul educational foundation (sspef) has provided funding for the following during the fiscal year 2022-2023. On may 10th the sspef awarded scholarships totaling 455,500 to 140 south st. Paul graduating seniors. 100% of the students who applied for a scholarship received one. These scholarships covered a wide range of dollar amounts and were given to students attending 4-year, 2-year, and technical vocational schools. Sspef also provided program funding for classroom enrichment totaling 71,613. These programs included funding for flexible seating options, sight word pillowcases, a trip to junior achievement's finance par, math ixl subscriptions, a cricut machine for the school store and business classes, books, craft supplies, a ninja warrior course for phy-ed classes, and nature-based field trips. The organization also funded all the international baccalaureate fees to support the entire south st. Paul public school district. The foundation's annual walkathon was held in september with students, staff, and families in the community participating. The walkathon funds projects and activities in teacher's classrooms. These monies are critical in providing enhanced opportunities for the students of south st. Paul.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The intended use of the endowment funds is to invest in the education of current and future generations by providing scholarships and supplemental funding for classroom programs.

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IRS990/MissionDesc0THE PURPOSE OF THE SOUTH ST. PAUL EDUCATIONAL FOUNDATION IS TO INVEST IN THE EDUCATION OF PRESENT AND FUTURE GENERATIONS OF SOUTH ST. PAUL SCHOOL DISTRICT STUDENTS BY PROVIDING SCHOLARSHIPS AND SUPPLEMENTAL CLASSROOM PROGRAM FUNDING.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SOUTH ST. PAUL EDUCATIONAL FOUNDATION SUPPORTS AND INVESTS IN THE EDUCATION OF CURRENT AND FUTURE GENERATIONS OF THE SOUTH ST. PAUL SCHOOL DISTRICT.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE ORGANIZATION PROVIDES SUPPORT TO SOUTH ST. PAUL PUBLIC SCHOOLS FOR CLASSROOM ENRICHMENT PROGRAMS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 1C
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SOUTH SAINT PAUL PUBLIC SCHOOLS DAKOTA COUNTY MN
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0SOUTH SAINT PAUL PUBLIC SCHOOLS DAKOTA COUNTY MN
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02264417
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
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IRS990ScheduleD/RevenueSubtotalAmt01562120
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO INVEST IN THE EDUCATION OF CURRENT AND FUTURE GENERATIONS BY PROVIDING SCHOLARSHIPS AND SUPPLEMENTAL FUNDING FOR CLASSROOM PROGRAMS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleD/TotalLiabilityAmt0986
IRS990ScheduleD/TotalRevenuePerForm990Amt01562120
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01565620
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0850214
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FRIENDS OF THE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FOUNDATION CORP
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt191007
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1PROGRAMS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0130
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PROGRAMS: TEACHERS ARE REQUIRED TO WRITE A FOLLOW UP REPORT DOCUMENTING THE EVENT OR PROJECT. SCHOLARSHIPS: VERIFY ATTENDANCE AND MONITOR OTHER SCHOLARSHIP REQUIREMENTS (E.G. GPA, COURSE SELECTION, ETC) BY CHECKING COLLEGE TRANSCRIPTS EACH TERM.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0SOUTH ST PAUL PUBLIC SCHOOLS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DONAT RECIPIENT
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0BUILDING RENTS
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE SOUTH ST. PAUL EDUCATIONAL FOUNDATION IS TO INVEST IN THE EDUCATION OF PRESENT AND FUTURE GENERATIONS OF SOUTH ST. PAUL SCHOOL DISTRICT STUDENTS BY PROVIDING SCHOLARSHIPS AND SUPPLEMENTAL CLASSROOM PROGRAM FUNDING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SOUTH ST. PAUL EDUCATIONAL FOUNDATION (SSPEF) HAS PROVIDED FUNDING FOR THE FOLLOWING DURING THE FISCAL YEAR 2022-2023. ON MAY 10TH THE SSPEF AWARDED SCHOLARSHIPS TOTALING 455,500 TO 140 SOUTH ST. PAUL GRADUATING SENIORS. 100% OF THE STUDENTS WHO APPLIED FOR A SCHOLARSHIP RECEIVED ONE. THESE SCHOLARSHIPS COVERED A WIDE RANGE OF DOLLAR AMOUNTS AND WERE GIVEN TO STUDENTS ATTENDING 4-YEAR, 2-YEAR, AND TECHNICAL VOCATIONAL SCHOOLS. SSPEF ALSO PROVIDED PROGRAM FUNDING FOR CLASSROOM ENRICHMENT TOTALING 71,613. THESE PROGRAMS INCLUDED FUNDING FOR FLEXIBLE SEATING OPTIONS, SIGHT WORD PILLOWCASES, A TRIP TO JUNIOR ACHIEVEMENT'S FINANCE PAR, MATH IXL SUBSCRIPTIONS, A CRICUT MACHINE FOR THE SCHOOL STORE AND BUSINESS CLASSES, BOOKS, CRAFT SUPPLIES, A NINJA WARRIOR COURSE FOR PHY-ED CLASSES, AND NATURE-BASED FIELD TRIPS. THE ORGANIZATION ALSO FUNDED ALL THE INTERNATIONAL BACCALAUREATE FEES TO SUPPORT THE ENTIRE SOUTH ST. PAUL PUBLIC SCHOOL DISTRICT. THE FOUNDATION'S ANNUAL WALKATHON WAS HELD IN SEPTEMBER WITH STUDENTS, STAFF, AND FAMILIES IN THE COMMUNITY PARTICIPATING. THE WALKATHON FUNDS PROJECTS AND ACTIVITIES IN TEACHER'S CLASSROOMS. THESE MONIES ARE CRITICAL IN PROVIDING ENHANCED OPPORTUNITIES FOR THE STUDENTS OF SOUTH ST. PAUL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS DETERMINED BY BOARD AFTER REVIEW OF SIMILAR CEOS' COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/StatesWhereCopyOfReturnIsFldCd0MN
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010142467
IRS990/TotalAssetsEOYAmt010868124
IRS990/TotalAssetsGrp/BOYAmt010142467

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$0.00$12.9$1.66$0.98$0.67
2024Detailed filing. Detailed filing data is available for this year.$12.2$0.00$12.2$2.22$0.90$1.32
2023Detailed filing. Detailed filing data is available for this year.$10.9$0.01$10.9$1.56$0.85$0.72
2022Detailed filing. Detailed filing data is available for this year.$10.1$0.00$10.1$0.74$0.74$1.48
2021Detailed filing. Detailed filing data is available for this year.$11.7$0.03$11.6$3.14$0.68$2.46
2020Detailed filing. Detailed filing data is available for this year.$9.20$0.03$9.17$1.33$0.71$0.62
2019Detailed filing. Detailed filing data is available for this year.$8.55$0.00$8.55$1.56$0.70$0.86
2018Detailed filing. Detailed filing data is available for this year.$7.70$0.01$7.69$0.97$0.63$0.34
2017Detailed filing. Detailed filing data is available for this year.$7.36$0.01$7.35$1.06$0.60$0.46
2016Detailed filing. Detailed filing data is available for this year.$6.90$0.01$6.89$0.78$0.58$0.20
2015Detailed filing. Detailed filing data is available for this year.$6.70$0.00$6.69$0.58$0.60$0.01
2014Detailed filing. Detailed filing data is available for this year.$6.71$0.00$6.70$1.67$0.50$1.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.53$0.00$5.53$1.62$0.52$1.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.44$0.01$4.43$0.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.25$0.01$4.24$0.50