Civic Intelligence

Vasculitis Foundation

990 • Fiscal year 2024 • EIN 43-1492959

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 18, 2024

PO Box 28660Kansas City, MO 64188

(816) 436-8211

Siviq Scores

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

Liabilities / Assets

20th percentile

0.01x

Higher debt load relative to assets than 20% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

17th percentile

0.02x

Higher debt load relative to revenue than 17% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

80th percentile

29%

Higher net margin than 80% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

51st percentile

$130,327

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

82nd percentile

24%

Faster asset growth than 82% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-9.0%

Faster revenue growth than 21% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,594,826

Up $1,066,323 (+24%) from 2023

Net Assets

Up

$5,541,193

Up $1,095,452 (+25%) from 2023

Liabilities

Down

$53,633

Down $29,129 (-35%) from 2023

Revenue

Down

$2,956,706

Down $290,751 (-9.0%) from 2023

Expenses

Up

$2,090,325

Up $800,080 (+62%) from 2023

Net Income

Down

$866,381

Down $1,090,831 (-56%) from 2023

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $889,885Liabilities 2010: $66,182Net Assets 2010: $823,7032010Assets 2011: $949,068Liabilities 2011: $26,124Net Assets 2011: $922,9442011Assets 2012: $1,117,238Liabilities 2012: $28,932Net Assets 2012: $1,088,3062012Assets 2013: $1,178,462Liabilities 2013: $66,965Net Assets 2013: $1,111,4972013Assets 2014: $1,214,554Liabilities 2014: $34,930Net Assets 2014: $1,179,6242014Assets 2015: $1,191,428Liabilities 2015: $36,992Net Assets 2015: $1,154,4362015Assets 2016: $1,150,881Liabilities 2016: $65,464Net Assets 2016: $1,085,4172016Assets 2017: $1,391,746Liabilities 2017: $60,828Net Assets 2017: $1,330,9182017Assets 2018: $1,500,959Liabilities 2018: $68,003Net Assets 2018: $1,432,9562018Assets 2019: $1,855,438Liabilities 2019: $75,998Net Assets 2019: $1,779,4402019Assets 2020: $1,661,666Liabilities 2020: $106,178Net Assets 2020: $1,555,4882020Assets 2021: $2,082,111Liabilities 2021: $30,802Net Assets 2021: $2,051,3092021Assets 2022: $2,457,931Liabilities 2022: $28,409Net Assets 2022: $2,429,5222022Assets 2023: $4,528,503Liabilities 2023: $82,762Net Assets 2023: $4,445,7412023Assets 2024: $5,594,826Liabilities 2024: $53,633Net Assets 2024: $5,541,1932024Assets 2025: $6,087,497Liabilities 2025: $146,118Net Assets 2025: $5,941,3792025

Highlighted filing

2024

Assets$5,594,826
Liabilities$53,633
Net Assets$5,541,193

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $500,5632010Revenue 2011: $750,830Expenses 2011: $697,917Net Income 2011: $52,9132011Expenses 2012: $679,3912012Expenses 2013: $674,6472013Revenue 2014: $903,616Expenses 2014: $836,904Net Income 2014: $66,7122014Revenue 2015: $958,934Expenses 2015: $984,832Net Income 2015: -$25,8982015Revenue 2016: $878,515Expenses 2016: $951,054Net Income 2016: -$72,5392016Revenue 2017: $1,380,842Expenses 2017: $1,161,346Net Income 2017: $219,4962017Revenue 2018: $1,081,157Expenses 2018: $985,876Net Income 2018: $95,2812018Revenue 2019: $1,413,621Expenses 2019: $1,086,332Net Income 2019: $327,2892019Revenue 2020: $1,156,554Expenses 2020: $1,391,377Net Income 2020: -$234,8232020Revenue 2021: $1,330,516Expenses 2021: $895,702Net Income 2021: $434,8142021Revenue 2022: $1,569,283Expenses 2022: $1,080,323Net Income 2022: $488,9602022Revenue 2023: $3,247,457Expenses 2023: $1,290,245Net Income 2023: $1,957,2122023Revenue 2024: $2,956,706Expenses 2024: $2,090,325Net Income 2024: $866,3812024Revenue 2025: $2,508,810Expenses 2025: $2,383,106Net Income 2025: $125,7042025

Highlighted filing

2024

Revenue$2,956,706
Expenses$2,090,325
Net Income$866,381
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 18, 2024
Return Version
2023v5.0
Gross Receipts
$2,956,706
Mission and Program Overview

Mission

The vasculitis foundation supports medical research and empowers our community through education and awareness.

Building upon the collective strength of the vasculitis community, the vasculitis foundation supports, inspires and empowers individuals with vasculitis and their families through a wide range of education, research, clinical, and awareness initiatives. Our vision is to be the leading organization in the world dedicated to diganosing, treating, and curing all forms of vasculitis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,970,748$2,589,010▼ $381,738
Savings and Temporary Cash Investments$1,346,174$2,177,360▲ $831,186
Pledges and Grants Receivable$25,000$532,500▲ $507,500
Land, Buildings, and Equipment, Net$8,117$142,426▲ $134,309
Cash and Non-Interest-Bearing Accounts$139,006$103,368▼ $35,638
Prepaid Expenses and Deferred Charges$39,458$50,162▲ $10,704
Total Assets$4,528,503$5,594,826▲ $1,066,323
Liabilities
Other Liabilities$34,207$28,996▼ $5,211
Accounts Payable and Accrued Expenses$3,455$23,592▲ $20,137
Deferred Revenue$45,100$1,045▼ $44,055
Total Liabilities$82,762$53,633▼ $29,129
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,096,204$3,352,301▲ $256,097
Net Assets Without Donor Restrictions$1,349,537$2,188,892▲ $839,355
Total Net Assets Fund Balance$4,445,741$5,541,193▲ $1,095,452
Total Liabilities and Net Assets / Fund Balance$4,528,503$5,594,826▲ $1,066,323

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$142,426$29,425$171,851

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,113,397$235,298▲ $278,922-$2,589,010
2022$274,635$1,759,065▲ $84,686-$2,113,397
2021$313,242-▼ $36,815-$274,635
2020$253,378-▲ $61,689-$313,242
2019$242,458-▲ $12,482-$253,378
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joyce a KullmanExecutive DiFT$110,837$19,490$130,327

Board Members and Trustees

NameTitle
Kevin Byram MdPresident
Anisha B Dua MdDirector
Caz CazanovDirector
Jason WadlerDirector
Jocelyn AshfordDirector
Suzanne DepaolisDirector
Victor JamesDirector
Sara Baird AmodioPast Preside
Elizabeth BrandtSecretary
Don NagleTreasurer
Brian GoldmanVP of Resour
Revenue and Support

Revenue Composition

Contributions and Grants
$2,740,183
Program Service Revenue
$75,230
Investment Income
$141,293
Other Revenue
$0
All Other Contributions
$2,736,681
Change in Net Assets
$866,381

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,934,472
Revenue Not Reported on Financial Statements
$22,234
Revenue Not Reported on Form 990
$229,071
Total Revenue per Audited Statements
$3,163,543
Total Revenue per Form 990
$2,956,706
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$949,606
Salaries, Compensation, and Employee Benefits$638,217
Grants and Similar Amounts Paid$502,502
Total Fundraising Expense$225,654
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$468,750--$468,750
Other Salaries and Wages$235,856$48,151$131,783$415,790
Current Officers, Directors, Trustees, and Key Employees$73,151$17,277$39,899$130,327
Occupancy$117,034$2,506$2,800$122,340
Conferences and Meetings$109,914-$4,847$114,761
Information Technology$48,024$64,361$100$112,485
Travel$91,307$1,725$86$93,118
Fees for Services Accounting-$67,054-$67,054
Office Expenses$4,924$58,519$851$64,294
Advertising$32,857$1,657$10,089$44,603
Payroll Taxes$21,162$5,702$12,734$39,598
Foreign Grants$33,752--$33,752
Other Employee Benefits$17,760-$10,441$28,201
Pension Plan Contributions-$24,301-$24,301
Fees for Service Investment Mgmnt Fees-$22,234-$22,234
Depreciation Depletion$16,451$3,290$2,194$21,935
Fees for Services Other-$15,919-$15,919
Other Expenses$4,514$26,585$2,270$6,784
Insurance-$4,648-$4,648
Fees for Services Legal-$3,052-$3,052
Total Functional Expenses$1,497,690$366,981$225,654$2,090,325

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,090,325
Expenses per Audited Statements$2,068,091
Total Expenses per Audited Statements$2,068,091
Expenses Not Reported on Financial Statements$22,234
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Trustees of the University of PaPhiladelphia, PA501c3Vasculitis Research$450,000
Yale UniversityNew Haven, CT501c3Vasculitis Research$18,750

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
Accrued Payroll$27,112
Retirement Payable$1,968
Payroll Taxes$-84
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 4

The by-laws were updated. The organization no longer has members.

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

The 990 is reviewed and approved by the organization's finance committee and then shared with the board of directors before filing with the irs.

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

Board of director members are required to complete a conflict of interest statement annually which is reviewed at the fall retreat.

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

Annual performance review and comparison to industry.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Vasculitis Foundation
EIN
43-1492959
Phone
8164368211
Address
PO BOX 28660, KANSAS CITY, MO 64188

Signing Officer

Name
Joyce a Kullman
Title
Executive Director
Phone
8164368211
Signed
2024-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Byram Md
Formed
1988
Legal Domicile
Mo
Voting Board Members
11
Independent Board Members
11
Employees
8
Volunteers
200

Preparer

Firm
Novak Birks Pc
Address
4435 MAIN ST STE 500, KANSAS CITY, MO 64111-1858
Preparer
William J Miller CPA
Phone
8169316111
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Building upon the collective strength of the vasculitis community, the vasculitis foundation supports, inspires and empowers individuals with vasculitis and their families through a wide range of education, research, clinical, and awareness initiatives. Our vision is to be the leading organization in the world dedicated to diganosing, treating, and curing all forms of vasculitis.

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

Building upon the collective strength of the vasculitis community, the vasculitis foundation (vf) supports, inspires, and empowers individuals with vasculitis and their families through a wide range of education, research, clinical, and awareness initiatives. Our vision is to be the leading organization in the world dedicated to diagnosing, treating, and curing all forms of vasculitis. The vf provides support through its extensive website, montlhy e-newsletters, electronic and printed educational materials, phone and email outreach. Website visitors: 35,000 annually; youtube subscribers: 8,100 annually; monthly e-newsletter distribution: more than 13,000 subscribers; and 3,500 phone and email requests for assistance this year. The vf offers 10 virtual support group meetings monthly for patients of all ages and their parents and caregivers, attracting as many as 160 participants a month. The vf offers wide-ranging live and on-demand webinars and podcasts that address disease spotlights, mental health/wellness, research, therapies and treatments. The vf had 120+ webinars and podcasts with 7,020 hours watched, and 150,000+ views on vf's youtube education channel. The vf team has been on the road this year educating our patient community at regional and international conferences and increasing awareness in the medical community by exhibiting at medical conferences across the country.

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

Vasculitis - building outcomes, leading discoveries (v-bold) program combines research, fellowships, vasculitis centers, and the vpprn with the goal to improve the quality of life for patients with vasculitis, and ultimately find the cause(s) and cure for vasculitis. Research: the vf young investigator award provides one or two-year grants of up to 50,000 to support researchers within five years of the completion of their fellowships. The funding supports pilot studies in researching diagnosis, etiology/pathogenesis, epidemiology, and treatment/management. Fellowships: the vf partners with academic institutions and the vasculitis clinical research consortium (vcrc) to provide fellowships for physician- investigators who have a strong interest in vasculitis. This mentored training program emphasizes clinical, patient-oriented investigation. Vasculitis centers are essential in the patient journey - from diagnosis to treatment to remission, with the potential for cures. Vasculitis centers provide comprehensive, high-quality, and compassionate care to patients with vasculitis. In addition, they have the capacity to advance our understanding of vasculitis through research. With experts in the management and study of the disease, vasculitis centers are at the forefront of specialty care and clinical research, while treating all types of vasculitis.vasculitis patient-powered research network (vpprn) is the international research network of patients, scientists, clinicians, advocates and family members who work to improve the health care and quality of life for people with vasculitis through high-level clinical research. In 2023-24, vf funded six grants totalling 502,502. In 2023-24 the vf surveyed patients about their top concerns in treatment and found that an overwhelming number of patients were concerned about access to care. The vf brought together a wide range of vasculitis experts and health care professionals in a summit to engage in a thoughtful discussion about how to improve access to care for patients no matter where they live. The vf is developing next steps out of our survey findings and the priorities that came out of the summit.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

There are two funds treated as endowment funds. The suzanne lysandrou- depaolis vasculitis educational outreach endowment was established to support educational programs, resources, and training for vasculitis patients and medical professionals. The endowment will cease on december 13, 2055, after which the balance will be spent down in subsequent years. The vasculitis foundation board has designated certain funds, to be treated similarly to an endowment, to generate a long-term total rate of return that will increase the value of the assets and provide a long term reserve fund for the organization.

Schedule D, Page 3, Part X

The foundation qualifies as tax exempt from federal income tax under section 501(c)(3) of the internal revenue code. The foundation recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more-likely-than-not sustain the position following an audit. For tax positions meeting the more-likely- than-not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the relevant tax authority. The foundation is subject to income tax regulations in the u.s. Federal jurisdiction and certain state jurisdictions. Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply. With few exceptions, the foundation is no longer subject to income tax examinations by the applicable tax authorities for the years before 2020. If any were to be incurred, the foundation's policy is to record penalties and interest assessed by income tax authorities as operating expenses.

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IRS990/ActivityOrMissionDesc0BUILDING UPON THE COLLECTIVE STRENGTH OF THE VASCULITIS COMMUNITY, THE VASCULITIS FOUNDATION SUPPORTS, INSPIRES AND EMPOWERS INDIVIDUALS WITH VASCULITIS AND THEIR FAMILIES THROUGH A WIDE RANGE OF EDUCATION, RESEARCH, CLINICAL, AND AWARENESS INITIATIVES. OUR VISION IS TO BE THE LEADING ORGANIZATION IN THE WORLD DEDICATED TO DIGANOSING, TREATING, AND CURING ALL FORMS OF VASCULITIS.
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IRS990/MissionDesc0BUILDING UPON THE COLLECTIVE STRENGTH OF THE VASCULITIS COMMUNITY, THE VASCULITIS FOUNDATION SUPPORTS, INSPIRES AND EMPOWERS INDIVIDUALS WITH VASCULITIS AND THEIR FAMILIES THROUGH A WIDE RANGE OF EDUCATION, RESEARCH, CLINICAL, AND AWARENESS INITIATIVES. OUR VISION IS TO BE THE LEADING ORGANIZATION IN THE WORLD DEDICATED TO DIGANOSING, TREATING, AND CURING ALL FORMS OF VASCULITIS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0VASCULITIS - BUILDING OUTCOMES, LEADING DISCOVERIES (V-BOLD) PROGRAM COMBINES RESEARCH, FELLOWSHIPS, VASCULITIS CENTERS, AND THE VPPRN WITH THE GOAL TO IMPROVE THE QUALITY OF LIFE FOR PATIENTS WITH VASCULITIS, AND ULTIMATELY FIND THE CAUSE(S) AND CURE FOR VASCULITIS. RESEARCH: THE VF YOUNG INVESTIGATOR AWARD PROVIDES ONE OR TWO-YEAR GRANTS OF UP TO 50,000 TO SUPPORT RESEARCHERS WITHIN FIVE YEARS OF THE COMPLETION OF THEIR FELLOWSHIPS. THE FUNDING SUPPORTS PILOT STUDIES IN RESEARCHING DIAGNOSIS, ETIOLOGY/PATHOGENESIS, EPIDEMIOLOGY, AND TREATMENT/MANAGEMENT. FELLOWSHIPS: THE VF PARTNERS WITH ACADEMIC INSTITUTIONS AND THE VASCULITIS CLINICAL RESEARCH CONSORTIUM (VCRC) TO PROVIDE FELLOWSHIPS FOR PHYSICIAN- INVESTIGATORS WHO HAVE A STRONG INTEREST IN VASCULITIS. THIS MENTORED TRAINING PROGRAM EMPHASIZES CLINICAL, PATIENT-ORIENTED INVESTIGATION. VASCULITIS CENTERS ARE ESSENTIAL IN THE PATIENT JOURNEY - FROM DIAGNOSIS TO TREATMENT TO REMISSION, WITH THE POTENTIAL FOR CURES. VASCULITIS CENTERS PROVIDE COMPREHENSIVE, HIGH-QUALITY, AND COMPASSIONATE CARE TO PATIENTS WITH VASCULITIS. IN ADDITION, THEY HAVE THE CAPACITY TO ADVANCE OUR UNDERSTANDING OF VASCULITIS THROUGH RESEARCH. WITH EXPERTS IN THE MANAGEMENT AND STUDY OF THE DISEASE, VASCULITIS CENTERS ARE AT THE FOREFRONT OF SPECIALTY CARE AND CLINICAL RESEARCH, WHILE TREATING ALL TYPES OF VASCULITIS.VASCULITIS PATIENT-POWERED RESEARCH NETWORK (VPPRN) IS THE INTERNATIONAL RESEARCH NETWORK OF PATIENTS, SCIENTISTS, CLINICIANS, ADVOCATES AND FAMILY MEMBERS WHO WORK TO IMPROVE THE HEALTH CARE AND QUALITY OF LIFE FOR PEOPLE WITH VASCULITIS THROUGH HIGH-LEVEL CLINICAL RESEARCH. IN 2023-24, VF FUNDED SIX GRANTS TOTALLING 502,502. IN 2023-24 THE VF SURVEYED PATIENTS ABOUT THEIR TOP CONCERNS IN TREATMENT AND FOUND THAT AN OVERWHELMING NUMBER OF PATIENTS WERE CONCERNED ABOUT ACCESS TO CARE. THE VF BROUGHT TOGETHER A WIDE RANGE OF VASCULITIS EXPERTS AND HEALTH CARE PROFESSIONALS IN A SUMMIT TO ENGAGE IN A THOUGHTFUL DISCUSSION ABOUT HOW TO IMPROVE ACCESS TO CARE FOR PATIENTS NO MATTER WHERE THEY LIVE. THE VF IS DEVELOPING NEXT STEPS OUT OF OUR SURVEY FINDINGS AND THE PRIORITIES THAT CAME OUT OF THE SUMMIT.
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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.$6.09$0.15$5.94$2.51$2.38$0.13
2024Detailed filing. Detailed filing data is available for this year.$5.59$0.05$5.54$2.96$2.09$0.87
2023Detailed filing. Detailed filing data is available for this year.$4.53$0.08$4.45$3.25$1.29$1.96
2022Detailed filing. Detailed filing data is available for this year.$2.46$0.03$2.43$1.57$1.08$0.49
2021Detailed filing. Detailed filing data is available for this year.$2.08$0.03$2.05$1.33$0.90$0.43
2020Detailed filing. Detailed filing data is available for this year.$1.66$0.11$1.56$1.16$1.39$0.23
2019Detailed filing. Detailed filing data is available for this year.$1.86$0.08$1.78$1.41$1.09$0.33
2018Detailed filing. Detailed filing data is available for this year.$1.50$0.07$1.43$1.08$0.99$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.39$0.06$1.33$1.38$1.16$0.22
2016Detailed filing. Detailed filing data is available for this year.$1.15$0.07$1.09$0.88$0.95$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.19$0.04$1.15$0.96$0.98$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.21$0.03$1.18$0.90$0.84$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.07$1.11$0.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.03$1.09$0.68
2011Summary only. Only limited summary data is available for this year.$0.95$0.03$0.92$0.75$0.70$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.07$0.82$0.50