Civic Intelligence

Bernie L Bates Foundation Inc.

990 • Fiscal year 2020 • EIN 54-1752985

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 06, 2021

PO Box 150653Alexandria, VA 22315-0563

(703) 801-9148

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

64th percentile

15%

Higher net margin than 64% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

57th percentile

9.1%

Faster asset growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

-19%

Faster revenue growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$382,187

Up $31,940 (+9.1%) from 2019

Net Assets

Up

$382,187

Up $31,940 (+9.1%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$65,351

Down $14,905 (-19%) from 2019

Expenses

Down

$55,422

Down $16,970 (-23%) from 2019

Net Income

Up

$9,929

Up $2,065 (+26%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $149,287Liabilities 2011: $0Net Assets 2011: $149,2872011Assets 2012: $228,054Liabilities 2012: $0Net Assets 2012: $228,0542012Assets 2013: $244,176Liabilities 2013: $5,750Net Assets 2013: $238,4262013Assets 2014: $263,472Liabilities 2014: $0Net Assets 2014: $263,4722014Assets 2015: $248,838Liabilities 2015: $0Net Assets 2015: $248,8382015Assets 2016: $275,141Liabilities 2016: $0Net Assets 2016: $275,1412016Assets 2017: $295,113Liabilities 2017: $0Net Assets 2017: $295,1132017Assets 2018: $315,318Liabilities 2018: $0Net Assets 2018: $315,3182018Assets 2019: $350,247Liabilities 2019: $0Net Assets 2019: $350,2472019Assets 2020: $382,187Liabilities 2020: $0Net Assets 2020: $382,1872020Assets 2021: $476,223Liabilities 2021: $0Net Assets 2021: $476,2232021Assets 2022: $424,377Liabilities 2022: $0Net Assets 2022: $424,3772022Assets 2023: $451,195Liabilities 2023: $130,000Net Assets 2023: $321,1952023Assets 2024: $444,245Liabilities 2024: $43,447Net Assets 2024: $400,7982024

Highlighted filing

2020

Assets$382,187
Liabilities$0
Net Assets$382,187

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $32,964Expenses 2011: $22,885Net Income 2011: $10,0792011Revenue 2012: $42,512Expenses 2012: $36,789Net Income 2012: $5,7232012Revenue 2013: $34,455Expenses 2013: $20,004Net Income 2013: $14,4512013Revenue 2014: $51,482Expenses 2014: $37,586Net Income 2014: $13,8962014Revenue 2015: $35,251Expenses 2015: $40,631Net Income 2015: -$5,3802015Revenue 2016: $50,027Expenses 2016: $28,724Net Income 2016: $21,3032016Revenue 2017: $79,414Expenses 2017: $53,442Net Income 2017: $25,9722017Revenue 2018: $70,452Expenses 2018: $59,709Net Income 2018: $10,7432018Revenue 2019: $80,256Expenses 2019: $72,392Net Income 2019: $7,8642019Revenue 2020: $65,351Expenses 2020: $55,422Net Income 2020: $9,9292020Revenue 2021: $108,313Expenses 2021: $62,719Net Income 2021: $45,5942021Revenue 2022: $130,959Expenses 2022: $146,537Net Income 2022: -$15,5782022Revenue 2023: $156,496Expenses 2023: $123,102Net Income 2023: $33,3942023Revenue 2024: $204,970Expenses 2024: $172,635Net Income 2024: $32,3352024

Highlighted filing

2020

Revenue$65,351
Expenses$55,422
Net Income$9,929
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 6, 2021
Return Version
2020v4.0
Gross Receipts
$65,351
Mission and Program Overview

Mission

The Bernie L Bates Foundation, Inc. shall award scholarships to college students and college-bound students. The Foundation shall provide support to the less fortunate by assisting to feed, clothe, house, and educate them. The Foundation will support food banks and other helping facilities in the community. The Foundation shall assist in community activities such as talent enrichment and college preparation programs. The Foundation shall seek out opportunities to support and mentor our youth in the community.

The Foundation awards scholarships to college bound students and college students; sponsors and supports community based organizations and schools focused on educational activities and quality of life improvements.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$297,416$320,812▲ $23,396
Other Notes and Loans Receivable, Net$35,400$35,000▼ $400
Cash and Non-Interest-Bearing Accounts$7,686$14,181▲ $6,495
Savings and Temporary Cash Investments$9,745$12,194▲ $2,449
Accounts Receivable$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 Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$350,247$382,187▲ $31,940
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$350,247$382,187▲ $31,940
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$350,247$382,187▲ $31,940
Total Liabilities and Net Assets / Fund Balance$350,247$382,187▲ $31,940

Asset Categories

AssetBook ValueDepreciationBasis
Closely Held Equity Interests$0--
Financial Derivatives$320,812--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$61,917
Program Service Revenue
$0
Investment Income
$3,434
Other Revenue
$0
All Other Contributions
$50,054
Change in Net Assets
$9,929
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$43,596
Other Expenses$11,699
Professional Fundraising Fees$127
Total Fundraising Expense$127
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$42,596--$42,596
Other Expenses$5,000$598$0$5,598
Office Expenses$0$3,958$0$3,958
Insurance$0$1,163$0$1,163
Grants to Domestic Orgs$1,000--$1,000
Information Technology$0$980$0$980
Fees for Services Professional Fundraising--$127$127
Total Functional Expenses$48,596$6,699$127$55,422
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$127
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
Marion BarnwellDirectorChristmas ToysNo$952
Jerome HagginsDirectorValue Line SubscriptionNo$598
Bradford CaldwellDirectorCFC Application FeeNo$365
Hector SheppardDirectorBLB Upright BannerNo$320
Hector SheppardDirectorStudent Awards BreakfastNo$100
Hector SheppardDirectorQR-Code GeneratorNo$60
Richard MorrisPresidentAdmin Gift CardsNo$56
Bradford CaldwellDirectorCFC Listing FeeNo$15

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
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
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B

All Policies and Procedures are provided on the website and provided to the Public upon request.

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

The Treasurer Approved the Form 990 and provided a copy to the Officers.

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

All Directors are required to identify any conflict of interest with any activities involving the Bernie L Bates Foundation. No improprieties have been identified during the audit review process.

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

Directors conform to all policies and procedures .

Form 990, Part VI, Section C, Line 19

All Policies and Procedures are provided on the website and provided to the public upon request.

Filing and Contact Details

Filer

Filer Name
Bernie L Bates Foundation Inc
EIN
54-1752985
Phone
7038019148
Address
PO Box 150653, Alexandria, VA 22315-0563

Signing Officer

Name
Jeffrey Owens
Title
Treasurer
Phone
7038017091
Signed
2021-07-06

Organization Details

Principal Officer
Richard G Morris
Formed
1995
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Other Program Services; Additional Scholarship Expenses ($13,849); CFC Expenses ($380); Grant to GMU ($1,000); Other ($515).

Form 990, Part X, Line 7

Board of Directors in conjunction with affiliated organization (Psi Alpha Alpha) special Million Dollar Campaign to donate to the Foundation via cash or life insurance. Funds received in the amount of $2,000. Notes Receivable decreased from $36,000 to $35,000.

Form 990, Part XI, Line 9

Increase of $326: Notes Receivable decreased by $1,000; added an investment account (Viatris), increased by $1,167; other change, increase by $159.

Financial Statement Notes

Schedule D, Part I, Line 1

Stocks, bonds, CDs

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IRS990/FundraisingAmt09330
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt042596
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt042596
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt065351
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0980
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt0980
IRS990/InitialReturnInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01163
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt01163
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt0-5598
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt03434
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03434
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0297416
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0320812
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Bernie L Bates Foundation, Inc. shall award scholarships to college students and college-bound students. The Foundation shall provide support to the less fortunate by assisting to feed, clothe, house, and educate them. The Foundation will support food banks and other helping facilities in the community. The Foundation shall assist in community activities such as talent enrichment and college preparation programs. The Foundation shall seek out opportunities to support and mentor our youth in the community.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0350247
IRS990/NetAssetsOrFundBalancesEOYAmt0382187
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt027283
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0350247
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0382187
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03958
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt03958
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0326
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Investment Expenses
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0598
IRS990/OtherExpensesGrp/ProgramServicesAmt05000
IRS990/OtherExpensesGrp/TotalAmt05598
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt035400
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt035000
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Richard G Morris
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Social Action and Community Support
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt09202
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Talent Hunt Awards
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02200
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Other Program Services
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt015744
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt01000
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt064619
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt066205
IRS990/PYInvestmentIncomeAmt015637
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt05950

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.44$0.43$4.01$2.05$1.73$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.51$1.30$3.21$1.56$1.23$0.33
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.24$0.00$4.24$1.31$1.47$0.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.76$0.00$4.76$1.08$0.63$0.46
2020Detailed filing. Detailed filing data is available for this year.$3.82$0.00$3.82$0.65$0.55$0.10
2019Summary only. Only limited summary data is available for this year.$3.50$0.00$3.50$0.80$0.72$0.08
2018Summary only. Only limited summary data is available for this year.$3.15$0.00$3.15$0.70$0.60$0.11
2017Summary only. Only limited summary data is available for this year.$2.95$0.00$2.95$0.79$0.53$0.26
2016Summary only. Only limited summary data is available for this year.$2.75$0.00$2.75$0.50$0.29$0.21
2015Summary only. Only limited summary data is available for this year.$2.49$0.00$2.49$0.35$0.41$0.05
2014Summary only. Only limited summary data is available for this year.$2.63$0.00$2.63$0.51$0.38$0.14
2013Summary only. Only limited summary data is available for this year.$2.44$0.06$2.38$0.34$0.20$0.14
2012Summary only. Only limited summary data is available for this year.$2.28$0.00$2.28$0.43$0.37$0.06
2011Summary only. Only limited summary data is available for this year.$1.49$0.00$1.49$0.33$0.23$0.10