Civic Intelligence

Alphapointe

990 • Fiscal year 2023 • EIN 44-0552486

Oct 01, 2022 to Sep 30, 2023 • Filed on Feb 15, 2024

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7501 Prospect AvenueKansas City, MO 64132

(816) 421-5848

Siviq Scores

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

Liabilities / Assets

71st percentile

0.51x

Higher debt load relative to assets than 71% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

60th percentile

0.55x

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

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

36th percentile

-0.2%

Higher net margin than 36% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

57th percentile

$397,138

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Asset Growth

48th percentile

5.7%

Faster asset growth than 48% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

36th percentile

-1.3%

Faster revenue growth than 36% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$70,377,944

Flat from 2023

Net Assets

Flat

$34,538,806

Flat from 2023

Liabilities

Flat

$35,839,138

Flat from 2023

Revenue

Flat

$65,149,206

Flat from 2023

Expenses

Flat

$65,302,728

Flat from 2023

Net Income

Flat

-$153,522

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $27,426,160Liabilities 2010: $8,831,064Net Assets 2010: $18,595,0962010Assets 2011: $27,796,202Liabilities 2011: $9,246,158Net Assets 2011: $18,550,0442011Assets 2012: $27,781,230Liabilities 2012: $7,594,051Net Assets 2012: $20,187,1792012Assets 2013: $28,619,588Liabilities 2013: $8,517,134Net Assets 2013: $20,102,4542013Assets 2014: $36,605,563Liabilities 2014: $12,720,206Net Assets 2014: $23,885,3572014Assets 2015: $32,840,776Liabilities 2015: $9,681,001Net Assets 2015: $23,159,7752015Assets 2016: $34,875,708Liabilities 2016: $10,159,749Net Assets 2016: $24,715,9592016Assets 2017: $54,756,659Liabilities 2017: $28,464,947Net Assets 2017: $26,291,7122017Assets 2018: $59,156,476Liabilities 2018: $30,816,327Net Assets 2018: $28,340,1492018Assets 2019: $59,507,048Liabilities 2019: $32,333,317Net Assets 2019: $27,173,7312019Assets 2020: $60,764,117Liabilities 2020: $32,165,058Net Assets 2020: $28,599,0592020Assets 2021: $63,114,950Liabilities 2021: $34,725,800Net Assets 2021: $28,389,1502021Assets 2022: $66,593,380Liabilities 2022: $32,226,015Net Assets 2022: $34,367,3652022Assets 2023: $70,377,944Liabilities 2023: $35,839,138Net Assets 2023: $34,538,8062023Assets 2023: $70,377,944Liabilities 2023: $35,839,138Net Assets 2023: $34,538,8062023Assets 2024: $76,310,831Liabilities 2024: $39,382,470Net Assets 2024: $36,928,3612024

Highlighted filing

2023

Assets$70,377,944
Liabilities$35,839,138
Net Assets$34,538,806

Operations Trend

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $7,241,7982010Revenue 2011: $7,952,959Expenses 2011: $7,564,575Net Income 2011: $388,3842011Expenses 2012: $8,491,2042012Expenses 2013: $9,283,0602013Revenue 2014: $14,718,375Expenses 2014: $11,219,134Net Income 2014: $3,499,2412014Revenue 2015: $13,092,952Expenses 2015: $12,503,693Net Income 2015: $589,2592015Revenue 2016: $12,164,308Expenses 2016: $10,848,997Net Income 2016: $1,315,3112016Revenue 2017: $50,331,972Expenses 2017: $48,503,600Net Income 2017: $1,828,3722017Revenue 2018: $57,423,185Expenses 2018: $56,097,946Net Income 2018: $1,325,2392018Revenue 2019: $59,443,182Expenses 2019: $59,395,136Net Income 2019: $48,0462019Revenue 2020: $65,874,700Expenses 2020: $64,013,950Net Income 2020: $1,860,7502020Revenue 2021: $62,807,791Expenses 2021: $63,989,831Net Income 2021: -$1,182,0402021Revenue 2022: $65,983,959Expenses 2022: $59,586,111Net Income 2022: $6,397,8482022Revenue 2023: $65,149,206Expenses 2023: $65,302,728Net Income 2023: -$153,5222023Revenue 2023: $65,149,206Expenses 2023: $65,302,728Net Income 2023: -$153,5222023Revenue 2024: $66,494,303Expenses 2024: $64,959,953Net Income 2024: $1,534,3502024

Highlighted filing

2023

Revenue$65,149,206
Expenses$65,302,728
Net Income-$153,522
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Feb 15, 2024
Return Version
2022v5.0
Gross Receipts
$66,427,319
Mission and Program Overview

Mission

Empowering people with vision loss to achieve their goals and aspirations

Employ people who are blind and provide rehabilitation services to the visually impaired.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$38,512,786$39,952,614▲ $1,439,828
Inventories for Sale or Use$10,605,164$11,283,452▲ $678,288
Accounts Receivable$7,168,595$6,033,939▼ $1,134,656
Investments in Publicly Traded Securities$3,771,154$4,663,556▲ $892,402
Intangible Assets$2,543,338$2,338,706▼ $204,632
Prepaid Expenses and Deferred Charges$591,504$1,052,626▲ $461,122
Cash and Non-Interest-Bearing Accounts$130,413$346,877▲ $216,464
Savings and Temporary Cash Investments$762,587$318,521▼ $444,066
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$66,593,380$70,377,944▲ $3,784,564
Other Assets Total$2,507,839$4,387,653▲ $1,879,814
Liabilities
Tax Exempt Bond Liabilities$23,273,093$21,883,190▼ $1,389,903
Other Liabilities$1,890,507$8,377,533▲ $6,487,026
Accounts Payable and Accrued Expenses$6,519,669$5,392,705▼ $1,126,964
Deferred Revenue$542,746$185,710▼ $357,036
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$32,226,015$35,839,138▲ $3,613,123
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$29,309,479$28,289,878▼ $1,019,601
Net Assets With Donor Restrictions$5,057,886$6,248,928▲ $1,191,042
Total Net Assets Fund Balance$34,367,365$34,538,806▲ $171,441
Total Liabilities and Net Assets / Fund Balance$66,593,380$70,377,944▲ $3,784,564

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$26,979,934$10,150,102$37,130,036
Equipment$6,619,159$12,362,843$18,982,002
Land$5,557,214-$5,557,214
Other Land Buildings$796,307$0$796,307
Leasehold Improvements$0$118,788$118,788
Other Assets Org$336,830--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$650,650-▲ $41,274-$691,924
2021$769,551-▼ $116,354-$650,650
2020$789,071-▲ $96,135$113,000$769,551
2019$765,839-▲ $63,132$37,500$789,071
2018$748,701-▲ $44,503$25,000$765,839
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Reinhard MabryCEO and PresidentFT$263,710$133,428$397,138
Jeffrey MchenryCFOFT$167,699$47,150$214,849
Ryan WilliamsChief Operating OfficerFT$156,026$54,163$210,189
Robert Cowan IiiVP of OperationsFT$139,044$46,421$185,465
Carroll Foreman JrGeneral Manager NyFT$132,421$38,933$171,354
Brenda MeeDirector Bus. DevelopmentFT$136,048$33,260$169,308
Stanley WrightVP of Information TechnologyFT$116,691$50,181$166,872
Gina GowinDev and Program OfficerFT$134,335$21,957$156,292

Board Members and Trustees

NameTitle
Sheila SeckChairperson
Jeff LynchImmediate Past Chair
Ed MarquettePast Chair
Danny Davies1st Vice Chair
Major Genret Michael Lynch2nd Vice Chair
Amanda Kumma-reevesDirector
Ann-marie BirnsDirector
Anthony ValvoDirector
Jack MuhlsteinDirector
Jeron RavinDirector
Joe DanowskyDirector
Lynn ParmanDirector
Marc BailinDirector
Paul HeddingsDirector
Peyton Owen JrDirector
Trent GrissomDirector
BRIG GEN RET MARK O'NEILLSecretary
Grant GoodingSecretary
Amy GoodeTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Bpp Tango Industrial Lf1 Reit LLCRentPO BOX 208226, Dallas, TX 75320$160,190
Kutak Rock LLPLegalPO BOX 30057, Omaha, NE 68103-1157$138,645
Revenue and Support

Revenue Composition

Contributions and Grants
$12,542,909
Program Service Revenue
$52,363,131
Investment Income
$46,760
Other Revenue
$196,406
All Other Contributions
$172,793
Change in Net Assets
$-153,522
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$46,419,385
Salaries, Compensation, and Employee Benefits$18,883,343
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,651,520$2,026,536-$12,678,056
Other Employee Benefits$2,870,547$902,998-$3,773,545
Depreciation Depletion$2,232,174$168,365-$2,400,539
Fees for Services Other$1,638,272$521,126-$2,159,398
Payroll Taxes$1,007,192$161,874-$1,169,066
Occupancy$1,077,053$40,821-$1,117,874
Interest$1,060,092$35,133-$1,095,225
All Other Expenses$582,858$486,745-$1,069,603
Current Officers, Directors, Trustees, and Key Employees$733,821$129,498-$863,319
Travel$261,556$233,413-$494,969
Pension Plan Contributions$335,588$63,769-$399,357
Insurance$394,106$6-$394,112
Other Expenses$56,434$177,813-$234,247
Information Technology$26,617$174,768-$201,385
Fees for Services Accounting-$185,453-$185,453
Fees for Services Legal-$140,620-$140,620
Office Expenses$84,303$46,735-$131,038
Advertising$35,081$36,144-$71,225
Fees for Service Investment Mgmnt Fees-$29,279-$29,279
Total Functional Expenses$59,452,535$5,850,193$0$65,302,728
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
See Part V----

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance Liability$6,480,620
Line of Credit$1,554,135
Lease Liability$342,778

Bond Issues

BondIssuerIssuedIssue PricePurpose
ABuild Nyc Resource Corporation2017-06-16$18,850,000SEE PART VI
BIndustrial Revenue Dev Authority - Kansas City2017-06-28$5,679,325SEE PART VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$18,850,000$0$2,755,644$396,243
B$5,679,325$4,140,892$2,497,905$113,433

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's officers and accounting personnel. Any questions or concerns the organization's officers and accounting personnel have are addressed and any corrections or clarifications that need to be made are made. A copy of the 990 is then presented to the audit committee for review and approval prior to filing. The audit committee reports directly to the board of directors on the status of their review. A final copy is also made available to the board of directors following review by the audit committee.

Form 990, Part VI, Section B, Line 12C

At the time of hire or election (in the case of directors) and annually thereafter, the officers, directors, and key employees shall provide the applicable conflict of interest disclosures which shall be completed to identify any relationships, positions, or circumstances in which it is believed a conflict may arise. If a conflict arises, the officer, director, or key employee abstains from the vote of the conflicted position.

Form 990, Part VI, Section B, Line 15A

The organization's ceo compensation is reviewed and updated annually by the executive committee of the board of directors. The executive committee uses comparability data of similar organizations when determining compensation and documents its decision process. Once determined the compensation of the ceo is approved by the board of directors.

Form 990, Part VI, Section B, Line 15B

The compensation of the other officers was approved by their respective supervisor. It was based on both a written job performance evaluation and a formal compensation system built for the entire organization utilizing the services of an independent compensation consultant group.

Form 990, Part VI, Section C, Line 19

The organization's conflict of interest policy, financial statements and governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Alphapointe
EIN
44-0552486
In Care Of
% REINHARD MABRY
Phone
8164215848
Address
7501 PROSPECT AVENUE, KANSAS CITY, MO 64132

Signing Officer

Name
Reinhard Mabry
Title
President and CEO
Phone
8164215848
Signed
2024-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Reinhard Mabry
Formed
1911
Legal Domicile
Mo
Voting Board Members
18
Independent Board Members
17
Employees
449
Volunteers
549

Preparer

Firm
Forvis Llp
Address
1201 Walnut Suite 1700, Kansas City, MO 64106-2246
Preparer
Michael J Engle
Phone
8162216300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Most jobs entail the manufacture or assembly of products such as janitorial, medical plastics, office products, and military textiles for the federal government and the new york state use program. In addition, blind jobs were created by fulfilling federal and state contract services such as warehousing, call center, contract audit, and operating military base supply stores. Alphapointe pursues product sales and service opportunities with state governments and in the commercial marketplace which complement the products and services already being provided through federal channels. All business lines performed by alphapointe involve blind labor. The commercial business is primarily occurring within the plastic manufacturing, textile sewing and call center operations. Alphapointe provides comprehensive rehabilitation, education and activities for all ages of people who are blind and visually impaired. During the 2023 fiscal year, we served 4,165 individuals. Alphapointe's comprehensive services include personalized instruction in adaptive technology, braille, orientation and mobility, daily living skills, diabetes education, college prep, and job placement services provided to 554 people. Clinical services include two low vision clinic practices providing exams, neuro-optometry, occupational therapy, vision therapy, devices, and instruction to 2,652 adults and seniors in their home or at alphapointe. A total of 292 children and youth participated in adventure and technology camps, and ongoing youth development education and programming. Another 1,291 individuals received referrals, guidance and educational programs regarding their vision loss. The agency received 10,981 hours of volunteer services for those being served by alphapointe.

Form 990, Part XI, Line 9

Change in value of interest rate swap $ 81,790 Change in Beneficial Interest In Trust $ 81,918 Transfer to Rightfully Sewn, Inc. $ (208,673) -------------- Total $ (44,965)

Financial Statement Notes

Schedule D, Part V, Line 4

The organization intends to use its endowment funds and related investment returns as necessary to provide competitive and long term employment for the visually impaired. This could include capital projects, facility or business expansion, or to support financially challenged operations or services during periods of business downturns.

Schedule D, Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

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IRS990/Desc0ALPHAPOINTE PROVIDES EMPLOYMENT AND OTHER OPPORTUNITIES FOR INCREASED INDEPENDENCE TO BLIND AND VISUALLY IMPAIRED PEOPLE BY SUPPLYING PRODUCTS AND SERVICES WITHIN THE U.S. ABILITYONE COMMISSION AND OTHER FEDERAL, STATE AND COMMERCIAL MARKETS. ALPHAPOINTE PROVIDED MANUFACTURING, ASSEMBLY, SERVICE, CONTACT CENTER, CUSTOMER SUPPORT, CLERICAL, AND RELATED EMPLOYMENT TO 196 LEGALLY BLIND PERSONS DURING THE FISCAL YEAR. AT YEAR END, ALPHAPOINTE EMPLOYED 98 BLIND AND 85 SIGHTED WORKERS IN ITS KANSAS CITY OPERATIONS, 96 BLIND AND 76 SIGHTED WORKERS IN ITS NEW YORK CITY OPERATIONS, AND 2 BLIND AND 10 SIGHTED WORKERS AT ITS TWO MILITARY BASE STORES. (SEE CONTINUATION ON SCHEDULE O)
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IRS990/Form990PartVIISectionAGrp/PersonNm21JERON RAVIN
IRS990/Form990PartVIISectionAGrp/PersonNm22LYNN PARMAN
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IRS990/Form990PartVIISectionAGrp/PersonNm25MAJOR GENRET MICHAEL LYNCH
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO AND PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt4GENERAL MANAGER NY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIR. BUS. DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6VP OF INFORMATION TECHNOLOGY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DEV AND PROGRAM OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt151ST VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt252ND VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt26SECRETARY
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IRS990/GrossReceiptsAmt066427319
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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.$76.3$39.4$36.9$66.5$65.0$1.53
2023Detailed filing. Detailed filing data is available for this year.$70.4$35.8$34.5$65.1$65.3$0.15
2023Summary only. Only limited summary data is available for this year.$70.4$35.8$34.5$65.1$65.3$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.6$32.2$34.4$66.0$59.6$6.40
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.1$34.7$28.4$62.8$64.0$1.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.8$32.2$28.6$65.9$64.0$1.86
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.5$32.3$27.2$59.4$59.4$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.2$30.8$28.3$57.4$56.1$1.33
2017Summary only. Only limited summary data is available for this year.$54.8$28.5$26.3$50.3$48.5$1.83
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.9$10.2$24.7$12.2$10.8$1.32
2015Detailed filing. Detailed filing data is available for this year.$32.8$9.68$23.2$13.1$12.5$0.59
2014Detailed filing. Detailed filing data is available for this year.$36.6$12.7$23.9$14.7$11.2$3.50
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$8.52$20.1$9.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.8$7.59$20.2$8.49
2011Summary only. Only limited summary data is available for this year.$27.8$9.25$18.6$7.95$7.56$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.4$8.83$18.6$7.24