Civic Intelligence

Association for Governmental Leasing & Finance Inc

990 • Fiscal year 2017 • EIN 52-1237123

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 08, 2018

19 Mantua RoadMT Royal, NJ 08061

(856) 423-7222

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.24x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

84th percentile

0.19x

Higher debt load relative to revenue than 84% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

60th percentile

6.2%

Higher net margin than 60% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

70th percentile

14%

Faster asset growth than 70% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

41st percentile

-3.0%

Faster revenue growth than 41% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$190,081

Up $22,852 (+14%) from 2016

Net Assets

Up

$145,241

Up $14,670 (+11%) from 2016

Liabilities

Up

$44,840

Up $8,182 (+22%) from 2016

Revenue

Down

$235,656

Down $7,349 (-3.0%) from 2016

Expenses

Down

$220,986

Down $50,353 (-19%) from 2016

Net Income

Up

$14,670

Up $43,004 (+152%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $190,591Liabilities 2010: $30,681Net Assets 2010: $159,9102010Assets 2011: $219,285Liabilities 2011: $37,282Net Assets 2011: $182,0032011Assets 2012: $194,041Liabilities 2012: $30,501Net Assets 2012: $163,5402012Assets 2013: $188,350Liabilities 2013: $22,194Net Assets 2013: $166,1562013Assets 2014: $173,627Liabilities 2014: $27,528Net Assets 2014: $146,0992014Assets 2015: $168,219Liabilities 2015: $9,314Net Assets 2015: $158,9052015Assets 2016: $167,229Liabilities 2016: $36,658Net Assets 2016: $130,5712016Assets 2017: $190,081Liabilities 2017: $44,840Net Assets 2017: $145,2412017Assets 2018: $240,124Liabilities 2018: $51,012Net Assets 2018: $189,1122018Assets 2019: $269,079Liabilities 2019: $50,862Net Assets 2019: $218,2172019Assets 2020: $270,290Liabilities 2020: $91,908Net Assets 2020: $178,3822020Assets 2021: $275,767Liabilities 2021: $44,859Net Assets 2021: $230,9082021Assets 2022: $250,590Liabilities 2022: $39,540Net Assets 2022: $211,0502022Assets 2023: $299,829Liabilities 2023: $102,807Net Assets 2023: $197,0222023Assets 2024: $241,268Liabilities 2024: $35,350Net Assets 2024: $205,9182024

Highlighted filing

2017

Assets$190,081
Liabilities$44,840
Net Assets$145,241

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $279,8992010Revenue 2011: $301,258Expenses 2011: $279,165Net Income 2011: $22,0932011Revenue 2012: $287,596Expenses 2012: $306,059Net Income 2012: -$18,4632012Revenue 2013: $292,620Expenses 2013: $290,004Net Income 2013: $2,6162013Revenue 2014: $276,261Expenses 2014: $296,318Net Income 2014: -$20,0572014Revenue 2015: $291,415Expenses 2015: $278,609Net Income 2015: $12,8062015Revenue 2016: $243,005Expenses 2016: $271,339Net Income 2016: -$28,3342016Revenue 2017: $235,656Expenses 2017: $220,986Net Income 2017: $14,6702017Revenue 2018: $268,877Expenses 2018: $225,006Net Income 2018: $43,8712018Revenue 2019: $267,187Expenses 2019: $238,082Net Income 2019: $29,1052019Revenue 2020: $119,055Expenses 2020: $158,890Net Income 2020: -$39,8352020Revenue 2021: $162,632Expenses 2021: $110,106Net Income 2021: $52,5262021Revenue 2022: $316,326Expenses 2022: $336,184Net Income 2022: -$19,8582022Revenue 2023: $313,479Expenses 2023: $327,507Net Income 2023: -$14,0282023Revenue 2024: $284,612Expenses 2024: $275,716Net Income 2024: $8,8962024

Highlighted filing

2017

Revenue$235,656
Expenses$220,986
Net Income$14,670
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 8, 2018
Return Version
2017v2.3
Gross Receipts
$235,656
Mission and Program Overview

Mission

Aglf provides resources, educational forums and networking to expand business opportunities and promote best practices.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$156,358$167,931▲ $11,573
Prepaid Expenses and Deferred Charges$2,850$12,150▲ $9,300
Accounts Receivable-$10,000-
Land, Buildings, and Equipment, Net$8,021--
Total Assets$167,229$190,081▲ $22,852
Liabilities
Deferred Revenue$36,650$43,950▲ $7,300
Accounts Payable and Accrued Expenses$8$890▲ $882
Total Liabilities$36,658$44,840▲ $8,182
Net Assets / Fund Balance
Unrestricted Net Assets$130,571$145,241▲ $14,670
Total Net Assets Fund Balance$130,571$145,241▲ $14,670
Total Liabilities and Net Assets / Fund Balance$167,229$190,081▲ $22,852

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$105,000$105,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chris JonesChair
Mark SkochodopleChair Emerit
David RoederPresident
Alan WooleverDirector
Frank HillDirector
Juliet HuangDirector
Maryann SantosDirector
Nate CanovaDirector
Renee PicheDirector
Tasha BarreauDirector
Beth GilbertAssistant Tr
Haley BrustExecutive Di
Leonard RiceGeneral Coun
Evan HoweSecretary
Linda TerrizziTreasurer
Mike WeberVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Talley Management Group INCManagement19 MANTUA ROAD, Mt Royal, NJ 08061$100,080
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$234,345
Investment Income
$91
Other Revenue
$1,220
Change in Net Assets
$14,670
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$220,986
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
Fees for Services Management$58,046$42,034-$100,080
Conferences and Meetings$60,351$524-$60,875
Depreciation Depletion$8,021--$8,021
Fees for Services Accounting-$5,697-$5,697
Office Expenses$4,056$1,123-$5,179
Information Technology-$3,566-$3,566
Insurance$163$1,607-$1,770
Advertising$1,137--$1,137
Fees for Services Legal-$730-$730
Other Expenses$1,741$420-$420
All Other Expenses$360--$360
Total Functional Expenses$160,975$60,011$0$220,986
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Haley BrustTalley MgmtManagement ServicesNo$100,080
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The organization has delegated to talley management group, inc. Control over all customarily performed management duties.

Form 990, Page 6, Part VI, Line 6

The organization has members.

Form 990, Page 6, Part VI, Line 7A

Each individual member can nominate board of director members.

Form 990, Page 6, Part VI, Line 7B

Each member shall be entitled to one vote on each matter submitted to a vote of the members.

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

A copy of the form 990 is provided to the organization's finance committee for review.

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

Each director and officer shall sign a policy statement at the beginning of his or her term that affirms that such person (a) has received a copy of the conflict of interest policy, (b) has read and understands the policy, (c) agrees to comply with the policy, and (d) understands that aglf is a nonprofit corporation and that in order to maintain it's federal exemption it must engage primarily in activities that accomplish one or more of it's tax-exempt purposes. To ensure that aglf operates in a manner consistent with its tax-exempt status purposes and that it does not engage in activities that could jeopardize its status as an organization exempt from federal income tax, annual reviews shall report the results of this review to the board of directors at its fall meeting. The annual reviews shall, at a minimum, include the following subjects (a) whether the compensation arrangements are reasonable and are the result of arms-length bargaining (b) whether aglf's contracts for outside services result in inurement, as defined by the internal revenue code, or impermissible private benefit for interested persons (c) whether partnering and cooperation arrangements with other organizations conform to written policies, are properly recorded, reflect reasonable payments for goods and services, further aglf's tax- exempt purposes and do not result in inurement or impermissible private benefit.

Form 990, Page 6, Part VI, Line 19

The organization does not make governming documents, conflict of interest policy, or financial statements available to the public at this time.

Filing and Contact Details

Filer

Filer Name
Association for Governmental
EIN
52-1237123
Phone
8564237222
Address
19 MANTUA ROAD, MT ROYAL, NJ 08061

Signing Officer

Name
Frank Hill
Title
Director
Phone
8564237222
Signed
2018-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Hill
Formed
1981
Legal Domicile
Dc
Voting Board Members
15
Independent Board Members
15
Employees
0

Preparer

Firm
Deleon & Stang Cpas and Advisors
Address
100 LAKEFOREST BLVD STE 650, GAITHERSBURG, MD 20877-2609
Preparer
Clint Lehman CPA
Phone
3019489825
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The association complies with the provisions of the financial accounting standards board codification topic, accounting for uncertainty in income taxes. For the years ended december 31, 2017 and 2016, no unrecognized tax provision or benefit exists.

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IRS990/Organization501cInd0X
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IRS990/OtherExpensesGrp/ProgramServicesAmt025000
IRS990/OtherExpensesGrp/ProgramServicesAmt12100
IRS990/OtherExpensesGrp/ProgramServicesAmt21741
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IRS990/OtherExpensesGrp/TotalAmt15149
IRS990/OtherExpensesGrp/TotalAmt23002
IRS990/OtherExpensesGrp/TotalAmt3420
IRS990/OtherRevenueMiscGrp/Desc0HOTEL COMISSIONS
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01220
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02850
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IRS990/ProgSrvcAccomActy2Grp/Desc0MEMBERSHIP - ENCOMPASSES ALL FACETS OF MUNICIPAL LEASING AND FACILITATES ACTIVE ENGAGEMENT WITHIN THE MUNICIPAL LEASING COMMUNITY, WHICH INCLUDES THIRD PARTY LESSORS, PLACEMENT AGENTS, INVESTMENT BANKERS, GOVERNMENT OFFICIALS, VENDORS, MANUFACTURERS, CAPTIVES AND COMMERICAL BANKERS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0FIFTY STATE SURVEY - PROVIDES COMPREHENSIVE RESOURCES ON BOTH FEDERAL AND MUNICIPAL GOVERNMENTAL LEASING.
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IRS990/PYTotalRevenueAmt0243005
IRS990/ReconcilationRevenueExpnssAmt014670
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0149095
IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0105000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION COMPLIES WITH THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD CODIFICATION TOPIC, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE YEARS ENDED DECEMBER 31, 2017 AND 2016, NO UNRECOGNIZED TAX PROVISION OR BENEFIT EXISTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0HALEY BRUST
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0TALLEY MGMT
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0100080
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MANAGEMENT SERVICES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS DELEGATED TO TALLEY MANAGEMENT GROUP, INC. CONTROL OVER ALL CUSTOMARILY PERFORMED MANAGEMENT DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH INDIVIDUAL MEMBER CAN NOMINATE BOARD OF DIRECTOR MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH MEMBER SHALL BE ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY OF THE FORM 990 IS PROVIDED TO THE ORGANIZATION'S FINANCE COMMITTEE FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EACH DIRECTOR AND OFFICER SHALL SIGN A POLICY STATEMENT AT THE BEGINNING OF HIS OR HER TERM THAT AFFIRMS THAT SUCH PERSON (A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, (C) AGREES TO COMPLY WITH THE POLICY, AND (D) UNDERSTANDS THAT AGLF IS A NONPROFIT CORPORATION AND THAT IN ORDER TO MAINTAIN IT'S FEDERAL EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF IT'S TAX-EXEMPT PURPOSES. TO ENSURE THAT AGLF OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS PURPOSES AND THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX, ANNUAL REVIEWS SHALL REPORT THE RESULTS OF THIS REVIEW TO THE BOARD OF DIRECTORS AT ITS FALL MEETING. THE ANNUAL REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS (A) WHETHER THE COMPENSATION ARRANGEMENTS ARE REASONABLE AND ARE THE RESULT OF ARMS-LENGTH BARGAINING (B) WHETHER AGLF'S CONTRACTS FOR OUTSIDE SERVICES RESULT IN INUREMENT, AS DEFINED BY THE INTERNAL REVENUE CODE, OR IMPERMISSIBLE PRIVATE BENEFIT FOR INTERESTED PERSONS (C) WHETHER PARTNERING AND COOPERATION ARRANGEMENTS WITH OTHER ORGANIZATIONS CONFORM TO WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE PAYMENTS FOR GOODS AND SERVICES, FURTHER AGLF'S TAX- EXEMPT PURPOSES AND DO NOT RESULT IN INUREMENT OR IMPERMISSIBLE PRIVATE BENEFIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION DOES NOT MAKE GOVERNMING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT THIS TIME.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0190081
IRS990/TotalAssetsGrp/BOYAmt0167229
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt060011
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0160975
IRS990/TotalFunctionalExpensesGrp/TotalAmt0220986
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt036658
IRS990/TotalLiabilitiesEOYAmt044840
IRS990/TotalLiabilitiesGrp/BOYAmt036658
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IRS990/TotalProgramServiceExpensesAmt0160975
IRS990/TotalProgramServiceRevenueAmt0234345
IRS990/TotalRevenueGrp/ExclusionAmt091
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0235565
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0235656
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0167229
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0190081
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0130571
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0145241
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.AGLF.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANK HILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08564237222
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASSOCIATION FOR GOVERNMENTAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0LEASING & FINANCE
ReturnHeader/Filer/BusinessNameControlTxt0ASSO
ReturnHeader/Filer/EIN0521237123
ReturnHeader/Filer/PhoneNum08564237222
ReturnHeader/Filer/USAddress/AddressLine1Txt019 MANTUA ROAD
ReturnHeader/Filer/USAddress/CityNm0MT ROYAL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008061
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0220423EE711BF654519395A83BB8BF1BF28F61A9
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0FA7586770E5E5B21A153E0FE68D4088C472ABCE5
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02018-11-13

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.41$0.35$2.06$2.85$2.76$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$1.03$1.97$3.13$3.28$0.14
2022Detailed filing. Detailed filing data is available for this year.$2.51$0.40$2.11$3.16$3.36$0.20
2021Detailed filing. Detailed filing data is available for this year.$2.76$0.45$2.31$1.63$1.10$0.53
2020Detailed filing. Detailed filing data is available for this year.$2.70$0.92$1.78$1.19$1.59$0.40
2019Detailed filing. Detailed filing data is available for this year.$2.69$0.51$2.18$2.67$2.38$0.29
2018Detailed filing. Detailed filing data is available for this year.$2.40$0.51$1.89$2.69$2.25$0.44
2017Detailed filing. Detailed filing data is available for this year.$1.90$0.45$1.45$2.36$2.21$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.67$0.37$1.31$2.43$2.71$0.28
2015Detailed filing. Detailed filing data is available for this year.$1.68$0.09$1.59$2.91$2.79$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.74$0.28$1.46$2.76$2.96$0.20
2013Detailed filing. Detailed filing data is available for this year.$1.88$0.22$1.66$2.93$2.90$0.03
2012Summary only. Only limited summary data is available for this year.$1.94$0.31$1.64$2.88$3.06$0.18
2011Summary only. Only limited summary data is available for this year.$2.19$0.37$1.82$3.01$2.79$0.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.31$1.60$2.80