Civic Intelligence

Kumc Credit Union

990 • Fiscal year 2016 • EIN 48-0595332

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 03, 2017

3901 Rainbow BlvdKansas City, KS 66160-8500

(913) 962-8146

Siviq Scores

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

Liabilities / Assets

85th percentile

0.91x

Higher debt load relative to assets than 85% of similar nonprofits.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

30.45x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2016

Net Margin

19th percentile

1.1%

Higher net margin than 19% of similar nonprofits.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

60th percentile

$103,982

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 12.2% of source-year revenue.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2016

Asset Growth

56th percentile

3.7%

Faster asset growth than 56% of similar nonprofits.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

73rd percentile

6.4%

Faster revenue growth than 73% of similar nonprofits.

2016 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$28,357,010

Up $1,019,595 (+3.7%) from 2015

Net Assets

Up

$2,440,689

Up $9,518 (+0.4%) from 2015

Liabilities

Up

$25,916,321

Up $1,010,077 (+4.1%) from 2015

Revenue

Up

$851,109

Up $51,478 (+6.4%) from 2015

Expenses

Up

$841,591

Up $72,021 (+9.4%) from 2015

Net Income

Down

$9,518

Down $20,543 (-68%) from 2015

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $22,817,256Liabilities 2010: $20,448,804Net Assets 2010: $2,368,4522010Assets 2011: $24,555,062Liabilities 2011: $22,155,101Net Assets 2011: $2,399,9612011Assets 2012: $26,498,756Liabilities 2012: $24,103,974Net Assets 2012: $2,394,7822012Assets 2013: $25,531,994Liabilities 2013: $23,171,486Net Assets 2013: $2,360,5082013Assets 2014: $25,057,413Liabilities 2014: $22,656,303Net Assets 2014: $2,401,1102014Assets 2015: $27,337,415Liabilities 2015: $24,906,244Net Assets 2015: $2,431,1712015Assets 2016: $28,357,010Liabilities 2016: $25,916,321Net Assets 2016: $2,440,6892016Assets 2017: $27,683,976Liabilities 2017: $25,121,419Net Assets 2017: $2,562,5572017Assets 2018: $27,404,757Liabilities 2018: $24,734,884Net Assets 2018: $2,669,8732018Assets 2019: $27,538,686Liabilities 2019: $24,809,029Net Assets 2019: $2,729,6572019Assets 2020: $30,547,754Liabilities 2020: $27,902,684Net Assets 2020: $2,645,0702020Assets 2021: $32,676,873Liabilities 2021: $30,004,957Net Assets 2021: $2,671,9162021Assets 2022: $30,253,496Liabilities 2022: $27,531,989Net Assets 2022: $2,721,5072022Assets 2023: $28,634,385Liabilities 2023: $25,668,202Net Assets 2023: $2,966,1832023Assets 2024: $27,751,668Liabilities 2024: $24,303,557Net Assets 2024: $3,448,1112024Assets 2025: $29,752,846Liabilities 2025: $25,710,177Net Assets 2025: $4,042,6692025

Highlighted filing

2016

Assets$28,357,010
Liabilities$25,916,321
Net Assets$2,440,689

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,042,3972010Expenses 2011: $970,2202011Expenses 2012: $900,2272012Revenue 2013: $797,251Expenses 2013: $831,525Net Income 2013: -$34,2742013Revenue 2014: $771,764Expenses 2014: $731,162Net Income 2014: $40,6022014Revenue 2015: $799,631Expenses 2015: $769,570Net Income 2015: $30,0612015Revenue 2016: $851,109Expenses 2016: $841,591Net Income 2016: $9,5182016Revenue 2017: $1,031,345Expenses 2017: $909,477Net Income 2017: $121,8682017Revenue 2018: $1,051,639Expenses 2018: $944,323Net Income 2018: $107,3162018Revenue 2019: $1,076,004Expenses 2019: $1,016,220Net Income 2019: $59,7842019Revenue 2020: $932,946Expenses 2020: $1,017,533Net Income 2020: -$84,5872020Revenue 2021: $861,114Expenses 2021: $834,268Net Income 2021: $26,8462021Revenue 2022: $909,934Expenses 2022: $860,343Net Income 2022: $49,5912022Revenue 2023: $1,225,785Expenses 2023: $971,109Net Income 2023: $254,6762023Revenue 2024: $1,651,819Expenses 2024: $1,169,891Net Income 2024: $481,9282024Revenue 2025: $1,717,829Expenses 2025: $1,123,271Net Income 2025: $594,5582025

Highlighted filing

2016

Revenue$851,109
Expenses$841,591
Net Income$9,518
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 3, 2017
Return Version
2016v3.0
Gross Receipts
$1,067,027
Mission and Program Overview

Mission

To provide high quality financial services for our members/owners, enhancing their financial well-being while maintaining the financial strength of the credit union.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$19,780,462$21,528,059▲ $1,747,597
Other Notes and Loans Receivable, Net$6,517,428$5,976,717▼ $540,711
Rtn Earn Endowment Incm Other Fnds$2,431,171$2,440,689▲ $9,518
Cash and Non-Interest-Bearing Accounts$370,346$421,303▲ $50,957
Land, Buildings, and Equipment, Net$85,078$63,999▼ $21,079
Investments Other Securities$4,838$4,838→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$27,337,415$28,357,010▲ $1,019,595
Other Assets Total$579,263$362,094▼ $217,169
Liabilities
Other Liabilities$24,863,895$25,893,250▲ $1,029,355
Accounts Payable and Accrued Expenses$42,349$23,071▼ $19,278
Total Liabilities$24,906,244$25,916,321▲ $1,010,077
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,431,171$2,440,689▲ $9,518
Total Liabilities and Net Assets / Fund Balance$27,337,415$28,357,010▲ $1,019,595

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$33,037$283,965$317,002
Leasehold Improvements$30,962$113,496$144,458
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert E BurtonGeneral ManagerFT$83,217$20,765$103,982

Board Members and Trustees

NameTitle
Donald RauChairman
Dan ConyersVice Chairman
Debra BrogdenBoard Member
Mary Jo WilliamsBoard Member
Raymond FranklinBoard Member
Monica LubeckSecretary
Robert SpaniolTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$568,832
Investment Income
$275,970
Other Revenue
$6,307
Change in Net Assets
$9,518
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$431,561
Other Expenses$410,030
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$240,991
Current Officers, Directors, Trustees, and Key Employees---$103,982
Fees for Services Other---$47,974
Office Expenses---$42,571
Other Employee Benefits---$33,687
Depreciation Depletion---$33,214
Occupancy---$28,219
All Other Expenses---$27,797
Pension Plan Contributions---$27,070
Payroll Taxes---$25,831
Fees for Services Accounting---$24,159
Information Technology---$22,970
Insurance---$18,164
Other Expenses---$15,368
Fees for Service Investment Mgmnt Fees---$11,010
Fees for Services Legal---$7,339
Advertising---$1,635
Total Functional Expenses$0$0$0$841,591
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share Deposits$25,893,250
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The credit union is mutually owned by members.

Form 990, Part VI, Section A, line 7A

The board of directors are elected by the credit union members.

Form 990, Part VI, Section A, line 7B

Certain significant changes are subject to approval by the credit union members; however, no such changes were made during the year.

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

The form 990 is reviewed and approved by credit union management and presented to the board of directors.

Form 990, Part VI, Section B, line 15

The board of directors reviews the performance of the general manager and the assistant manager and determines their compensation. All other employees' compensation is determined by the general manager and is presented as part of the budget package to the board of directors for approval. Deliberations and decisions are documented in the board minutes.

Form 990, Part VI, Section C, line 19

Financial statements are posted in the lobby, presented at the annual meeting, and are available upon request. In addition, the ncua website posts financial information as part of the quarterly call reports. Other documents, policies, and procedures are available upon request.

Filing and Contact Details

Filer

Filer Name
Kumc Credit Union
EIN
48-0595332
Phone
9139628146
Address
3901 RAINBOW BLVD, KANSAS CITY, KS 66160-8500

Signing Officer

Name
Robert E Burton
Title
General Manager
Phone
9139628146
Signed
2017-04-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert E Burton
Formed
1954
Legal Domicile
Ks
Voting Board Members
7
Independent Board Members
7
Employees
11
Volunteers
10

Preparer

Firm
J Tenbrink & Associates
Address
11272 S RIDGEVIEW RD, OLATHE, KS 66061
Phone
9138946214
Supplemental Narrative

Financial Statement Notes

Part IV, Line 2B:

The credit union offers remedial credit counseling to members.

Raw XML Appendix359 raw XML fields

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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IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2016, THERE WERE 832 LOANS OUTSTANDING TOTALING $5,985,209.
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt06307
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt06307
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02431171
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02440689
IRS990/SavingsAndTempCashInvstGrp/BOYAmt019780462
IRS990/SavingsAndTempCashInvstGrp/EOYAmt021528059
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt033037
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0283965
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0317002
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt030962
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0113496
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0144458
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt025893250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION OFFERS REMEDIAL CREDIT COUNSELING TO MEMBERS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt063999
IRS990ScheduleD/TotalLiabilityAmt025893250
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS MUTUALLY OWNED BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE ELECTED BY THE CREDIT UNION MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN SIGNIFICANT CHANGES ARE SUBJECT TO APPROVAL BY THE CREDIT UNION MEMBERS; HOWEVER, NO SUCH CHANGES WERE MADE DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED AND APPROVED BY CREDIT UNION MANAGEMENT AND PRESENTED TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWS THE PERFORMANCE OF THE GENERAL MANAGER AND THE ASSISTANT MANAGER AND DETERMINES THEIR COMPENSATION. ALL OTHER EMPLOYEES' COMPENSATION IS DETERMINED BY THE GENERAL MANAGER AND IS PRESENTED AS PART OF THE BUDGET PACKAGE TO THE BOARD OF DIRECTORS FOR APPROVAL. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY, PRESENTED AT THE ANNUAL MEETING, AND ARE AVAILABLE UPON REQUEST. IN ADDITION, THE NCUA WEBSITE POSTS FINANCIAL INFORMATION AS PART OF THE QUARTERLY CALL REPORTS. OTHER DOCUMENTS, POLICIES, AND PROCEDURES ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt027337415
IRS990/TotalAssetsEOYAmt028357010
IRS990/TotalAssetsGrp/BOYAmt027337415
IRS990/TotalAssetsGrp/EOYAmt028357010
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/TotalAmt0841591
IRS990/TotalGrossUBIAmt0673
IRS990/TotalLiabilitiesBOYAmt024906244
IRS990/TotalLiabilitiesEOYAmt025916321
IRS990/TotalLiabilitiesGrp/BOYAmt024906244
IRS990/TotalLiabilitiesGrp/EOYAmt025916321
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02431171
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02440689
IRS990/TotalOtherCompensationAmt020765
IRS990/TotalProgramServiceRevenueAmt0568832
IRS990/TotalReportableCompFromOrgAmt083217
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0850436
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0851109
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0673
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt027337415
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt028357010
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012510 W 62ND TERRACE 104
IRS990/USAddress/CityNm0SHAWNEE
IRS990/USAddress/StateAbbreviationCd0KS
IRS990/USAddress/ZIPCd066216
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.KUMCCU.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT E BURTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum09139628146
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KUMC CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0KUMC
ReturnHeader/Filer/EIN0480595332
ReturnHeader/Filer/PhoneNum09139628146
ReturnHeader/Filer/USAddress/AddressLine1Txt03901 RAINBOW BLVD
ReturnHeader/Filer/USAddress/CityNm0KANSAS CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd0661608500
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F833D4313777CB96842A8180D2DBFCFD1CED2197
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F833D4313777CB96842A8180D2DBFCFD1CED2197
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.87.82.114
ReturnHeader/FilingSecurityInformation/IPDt02017-04-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:08:12
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431592217
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0J TENBRINK & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011272 S RIDGEVIEW RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OLATHE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd066061
ReturnHeader/PreparerPersonGrp/PhoneNum09138946214
ReturnHeader/ReturnTs02017-04-03T10:08:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$29.8$25.7$4.04$1.72$1.12$0.59
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.8$24.3$3.45$1.65$1.17$0.48
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.6$25.7$2.97$1.23$0.97$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.3$27.5$2.72$0.91$0.86$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.7$30.0$2.67$0.86$0.83$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.5$27.9$2.65$0.93$1.02$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.5$24.8$2.73$1.08$1.02$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.4$24.7$2.67$1.05$0.94$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.7$25.1$2.56$1.03$0.91$0.12
2016Detailed filing. Detailed filing data is available for this year.$28.4$25.9$2.44$0.85$0.84$0.01
2015Detailed filing. Detailed filing data is available for this year.$27.3$24.9$2.43$0.80$0.77$0.03
2014Detailed filing. Detailed filing data is available for this year.$25.1$22.7$2.40$0.77$0.73$0.04
2013Detailed filing. Detailed filing data is available for this year.$25.5$23.2$2.36$0.80$0.83$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.5$24.1$2.39$0.90
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.6$22.2$2.40$0.97
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.8$20.4$2.37$1.04