Civic Intelligence

River Valley Child Development Services Inc.

990 • Fiscal year 2020 • EIN 55-0706025

Jul 01, 2019 to Jun 30, 2020 • Filed on May 15, 2021

611 SEVENTH AVENUE Suite 300Huntington, WV 25701

(304) 523-3417

Siviq Scores

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

Liabilities / Assets

70th percentile

0.47x

Higher debt load relative to assets than 70% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

38th percentile

0.19x

Higher debt load relative to revenue than 38% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

36th percentile

0.1%

Higher net margin than 36% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$93,207

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

30th percentile

0.8%

Faster asset growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

32nd percentile

-6.4%

Faster revenue growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$4,438,085

Up $33,352 (+0.8%) from 2019

Net Assets

Up

$2,334,114

Up $143,142 (+6.5%) from 2019

Liabilities

Down

$2,103,971

Down $109,790 (-5.0%) from 2019

Revenue

Down

$11,065,106

Down $758,832 (-6.4%) from 2019

Expenses

Down

$11,051,730

Down $594,297 (-5.1%) from 2019

Net Income

Down

$13,376

Down $164,535 (-92%) from 2019

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $2,334,814Liabilities 2011: $1,138,795Net Assets 2011: $1,196,0192011Assets 2012: $2,457,770Liabilities 2012: $849,427Net Assets 2012: $1,608,3432012Assets 2013: $2,413,688Liabilities 2013: $753,824Net Assets 2013: $1,659,8642013Assets 2014: $2,402,824Liabilities 2014: $723,889Net Assets 2014: $1,678,9352014Assets 2015: $2,257,364Liabilities 2015: $637,626Net Assets 2015: $1,619,7382015Assets 2016: $2,895,474Liabilities 2016: $1,397,581Net Assets 2016: $1,497,8932016Assets 2017: $3,260,132Liabilities 2017: $1,706,059Net Assets 2017: $1,554,0732017Assets 2018: $2,883,662Liabilities 2018: $885,307Net Assets 2018: $1,998,3552018Assets 2019: $4,404,733Liabilities 2019: $2,213,761Net Assets 2019: $2,190,9722019Assets 2020: $4,438,085Liabilities 2020: $2,103,971Net Assets 2020: $2,334,1142020Assets 2021: $6,974,645Liabilities 2021: $4,610,962Net Assets 2021: $2,363,6832021Assets 2022: $6,376,738Liabilities 2022: $3,425,447Net Assets 2022: $2,951,2912022Assets 2023: $23,669,061Liabilities 2023: $19,763,829Net Assets 2023: $3,905,2322023Assets 2024: $9,857,099Liabilities 2024: $4,578,945Net Assets 2024: $5,278,1542024

Highlighted filing

2020

Assets$4,438,085
Liabilities$2,103,971
Net Assets$2,334,114

Operations Trend

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

$40M$30M$20M$10M$0-$10MRevenue 2011: $8,770,311Expenses 2011: $8,397,633Net Income 2011: $372,6782011Revenue 2012: $9,034,872Expenses 2012: $8,622,548Net Income 2012: $412,3242012Revenue 2013: $8,298,477Expenses 2013: $8,228,283Net Income 2013: $70,1942013Revenue 2014: $8,430,197Expenses 2014: $8,449,434Net Income 2014: -$19,2372014Revenue 2015: $8,074,269Expenses 2015: $8,125,119Net Income 2015: -$50,8502015Revenue 2016: $8,444,629Expenses 2016: $8,557,169Net Income 2016: -$112,5402016Revenue 2017: $9,403,767Expenses 2017: $9,400,198Net Income 2017: $3,5692017Revenue 2018: $11,052,808Expenses 2018: $10,596,523Net Income 2018: $456,2852018Revenue 2019: $11,823,938Expenses 2019: $11,646,027Net Income 2019: $177,9112019Revenue 2020: $11,065,106Expenses 2020: $11,051,730Net Income 2020: $13,3762020Revenue 2021: $16,881,683Expenses 2021: $16,960,429Net Income 2021: -$78,7462021Revenue 2022: $32,568,365Expenses 2022: $31,887,012Net Income 2022: $681,3532022Revenue 2023: $29,940,310Expenses 2023: $29,049,180Net Income 2023: $891,1302023Revenue 2024: $34,701,822Expenses 2024: $33,425,914Net Income 2024: $1,275,9082024

Highlighted filing

2020

Revenue$11,065,106
Expenses$11,051,730
Net Income$13,376
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 15, 2021
Return Version
2019v5.1
Gross Receipts
$11,065,106
Mission and Program Overview

Mission

To provide & coordinate existing

To provide quality services and support to children, families, and the early childhood community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$19,717$1,981,170▲ $1,961,453
Investments in Publicly Traded Securities$635,957$767,006▲ $131,049
Land, Buildings, and Equipment, Net$766,458$728,533▼ $37,925
Pledges and Grants Receivable$1,864,868$512,944▼ $1,351,924
Prepaid Expenses and Deferred Charges$146,090$258,577▲ $112,487
Accounts Receivable$183,371$169,776▼ $13,595
Savings and Temporary Cash Investments$786,822$7,794▼ $779,028
Other Notes and Loans Receivable, Net$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
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$4,404,733$4,438,085▲ $33,352
Other Assets Total$1,450$12,285▲ $10,835
Liabilities
Deferred Revenue$156,720$1,145,735▲ $989,015
Accounts Payable and Accrued Expenses$1,562,041$958,236▼ $603,805
Mortgage Notes Payable Secured by Investment Property$495,000$0▼ $495,000
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,213,761$2,103,971▼ $109,790
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,136,740$2,246,259▲ $109,519
Net Assets With Donor Restrictions$54,232$87,855▲ $33,623
Total Net Assets Fund Balance$2,190,972$2,334,114▲ $143,142
Total Liabilities and Net Assets / Fund Balance$4,404,733$4,438,085▲ $33,352

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$345,432$1,267,531$1,612,963
Equipment$63,020$894,998$958,018
Land$268,474-$268,474
Other Land Buildings$51,607$48,063$99,670
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan BrodofExecutive DirectorFT$93,207-$93,207
Marie PhillipsFinance DirectorFT$74,609$7,904$82,513

Board Members and Trustees

NameTitle
Kerri WadePresident & Board Member
Marsha DawsonVice President & Board Member
Deborah ChapmanBoard Member
Debra LockwoodBoard Member
Lora WellsBoard Member
Marianna Footo-linzBoard Member
Mindy ThorntonBoard Member
Ora MuthBoard Member
Sherrone HornbuckleBoard Member
Shirley BirchfieldBoard Member
Pamela ScaggsSecretary & Board Member
Cathy LawsonTreasurer & Board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$9,830,882
Program Service Revenue
$1,184,135
Investment Income
$23,236
Other Revenue
$26,853
All Other Contributions
$260,042
Change in Net Assets
$13,376

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,065,106
Revenue Not Reported on Form 990
$-11,534
Total Revenue per Audited Statements
$11,053,572
Total Revenue per Form 990
$11,065,106
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,483,284
Other Expenses$3,706,393
Grants and Similar Amounts Paid$862,053
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,416,208$405,056-$4,821,264
Other Employee Benefits$1,380,581$116,023-$1,496,604
Occupancy$912,790$116,694-$1,029,484
Grants to Domestic Orgs$607,928--$607,928
Fees for Services Other$452,476$18,906-$471,382
Office Expenses$307,255$38,018-$345,273
Conferences and Meetings$300,658--$300,658
Grants to Domestic Individuals$254,125--$254,125
Travel$164,934$8,117-$173,051
Current Officers, Directors, Trustees, and Key Employees$90,210$75,206-$165,416
Information Technology$88,718$28,927-$117,645
Insurance$48,734$5,205-$53,939
Depreciation Depletion$36,636$3,584-$40,220
Fees for Services Accounting-$35,450-$35,450
Advertising$25,983$244-$26,227
Interest-$21,309-$21,309
All Other Expenses$2,939$14,840-$17,779
Fees for Services Legal$6,626--$6,626
Other Expenses$6,188$567-$6,188
Total Functional Expenses$9,616,179$1,435,551$0$11,051,730

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,051,730
Total Expenses per Audited Statements$11,051,730
Total Expenses per Form 990$11,051,730
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Playmates Child CareHuntington, WV-Tiered Reimbursement$26,148
Early Education CenterPoint Pleasant, WV501(c)(3)Tiered Reimbursement$9,180
Community Resources Inc (dba-bright Beginn Ccc)Parkersburg, WV501(c)(3)Tiered Reimbursement$8,119
Friends R Fun Child Development Center IncSummersville, WV501(c)(3)Tiered Reimbursement$7,140
Zion Child Development Center IncCharleston, WV-Tiered Reimbursement$7,124
Rapid Developments Inc (dba-a Place to Grow)Oak Hill, WV501(c)(3)Tiered Reimbursement$6,018
Mother Goose Land Child Care CenterNutter Fort, WV-Tiered Reimbursement$5,161
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
No
Subject to proxy tax
No
Insider Transactions and Loans

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
Backup withholding compliance
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
River Valley Child Development Services
EIN
55-0706025
In Care Of
% KAREN LYZENGA
Phone
3045233417
Address
611 SEVENTH AVENUE Suite 300, HUNTINGTON, WV 25701

Signing Officer

Name
Suzi Brodof
Title
Executive Director
Phone
3045233417
Signed
2021-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Suzi Brodof
Formed
1971
Legal Domicile
Wv
Voting Board Members
12
Independent Board Members
12
Employees
178
Volunteers
13

Preparer

Firm
Somerville & Company Pllc
Address
501 5TH AVENUE, HUNTINGTON, WV 25701
Preparer
Wade S C Newell CPA
Phone
3045250301
Supplemental Narrative

Additional Explanations

Pt VI, Line 5

Diversion of assets in amount of $4.7 million related to fraudulent activity. Individual responsible has been terminated and has been prosecuted. Individual has been hired to review and overhaul internal controls and procedures.

Pt VI, Line 11B

The audit committee reviews and approves the 990 prior to filing.

Pt VI, Line 12C

The conflict of interest policy is reviewed and signed annually by board members and employees of the organization.

Pt VI, Line 15A

A committee of the board of directors.

Pt VI, Line 15B

Reviews the compensation and performance of the executive director and director of business and finance. The committee reviews information concerning comparable salaries and performance, then makes a recommendation for salary adjustments for the following year. The full board reviews the recommendations and votes on them.

Pt VI, Line 19

The organization makes all governing documents and financial statements available upon request.

Financial Statement Notes

Schedule D, Part X, Line 2

The Organization follows the provisions of Accounting Standards Codification (ASC) Topic 740, Income Taxes, relating to unrecognized tax benefits. This standard requires an entity to recognize a liability for tax positions when there is a 50% or greater likelihood that the position will not be sustained upon examination. The Organization is liable for taxes to the extent of any unrelated business income as defined by IRS regulations. The Organization believes that it has not engaged in any unrelated business income as defined by IRS regulations and that it is more likely than not that this position would be sustained upon examination. As such, there were no liabilities recorded for uncertain tax positions as of June 30, 2020 and 2019.

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IRS990/Form990PartVIISectionAGrp/PersonNm10DEBRA LOCKWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm11MARIANNA FOOTO-LINZ
IRS990/Form990PartVIISectionAGrp/PersonNm12MINDY THORNTON
IRS990/Form990PartVIISectionAGrp/PersonNm13ORA MUTH
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1FINANCE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT & BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT & BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY & BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER & BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
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IRS990/InsuranceGrp/ProgramServicesAmt048734
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IRS990/IntangibleAssetsGrp/EOYAmt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0728533
IRS990/LandBldgEquipCostOrOtherBssAmt02939125
IRS990/LegalDomicileStateCd0WV
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IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0474
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt013950
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt013950
IRS990/NetUnrlzdGainsLossesInvstAmt0-11535
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IRS990/OperateHospitalInd0false
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IRS990/OtherAssetsTotalGrp/BOYAmt01450
IRS990/OtherAssetsTotalGrp/EOYAmt012285
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0116023
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01380581
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01496604
IRS990/OtherExpensesGrp/Desc0SIGNIFICANT ASSET DIVERSION
IRS990/OtherExpensesGrp/Desc1PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/Desc3UNCOLLECTIBLE ACCOUNTS
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IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
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IRS990/OtherWebsiteInd0X
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0146090
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0258577
IRS990/PrincipalOfficerNm0SUZI BRODOF
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624410
IRS990/ProgramServiceRevenueGrp/BusinessCd1624410
IRS990/ProgramServiceRevenueGrp/BusinessCd2624410
IRS990/ProgramServiceRevenueGrp/BusinessCd3624410
IRS990/ProgramServiceRevenueGrp/Desc0TRAINING, CONNECTIONS, AND RESOURCES-FEES
IRS990/ProgramServiceRevenueGrp/Desc1BIRTH TO THREE PROGRAM-FEES
IRS990/ProgramServiceRevenueGrp/Desc2FOOD PROGRAM-DAYCARE
IRS990/ProgramServiceRevenueGrp/Desc3CHILD DEVELOPMENT PROGRAM-TUITION & DAYCARE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt029780
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1789367
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2296385
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt368603
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt029780
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1789367
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2296385
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt368603
IRS990/ProgSrvcAccomActy2Grp/ActivityCd02
IRS990/ProgSrvcAccomActy2Grp/Desc0Training, Connections, and Resources: A statewide program that provides professional development opportunities for the early care and education community through an extensive network of information, training and technical assistance, resources, and collaboration. This program is funded by grants from the WV Department of Health and Human Resources - Bureau for Children and Families/Division of Early Care and Education; Office of Maternal, Child and Family Health/WV Birth to Three and Home Visitation; WV Head Start State Collaboration Office; and the WV Department of Education/Office of Early Education.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03234524
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0504527
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt029780
IRS990/ProgSrvcAccomActy3Grp/ActivityCd03
IRS990/ProgSrvcAccomActy3Grp/Desc0Birth to Three Program: Two administrative units for the WV BTT early intervention system that are responsible for regional interagency activities, system point of entry functions, and maintenance of electronic and hard copy child and family records. These two administrative units are funded by fees for service and WV state funds.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0825565
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0789367
IRS990/ProgSrvcAccomActyOtherGrp/Desc0FOOD PROGRAM
IRS990/ProgSrvcAccomActyOtherGrp/Desc1CHILD DEVELOPMENT PROGRAM
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0304743
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt1293940
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0238783
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0296385
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt168603

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.86$4.58$5.28$34.7$33.4$1.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.7$19.8$3.91$29.9$29.0$0.89
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.38$3.43$2.95$32.6$31.9$0.68
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.97$4.61$2.36$16.9$17.0$0.08
2020Detailed filing. Detailed filing data is available for this year.$4.44$2.10$2.33$11.1$11.1$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.40$2.21$2.19$11.8$11.6$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.88$0.89$2.00$11.1$10.6$0.46
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.26$1.71$1.55$9.40$9.40$0.00
2016Detailed filing. Detailed filing data is available for this year.$2.90$1.40$1.50$8.44$8.56$0.11
2015Detailed filing. Detailed filing data is available for this year.$2.26$0.64$1.62$8.07$8.13$0.05
2014Detailed filing. Detailed filing data is available for this year.$2.40$0.72$1.68$8.43$8.45$0.02
2013Summary only. Only limited summary data is available for this year.$2.41$0.75$1.66$8.30$8.23$0.07
2012Summary only. Only limited summary data is available for this year.$2.46$0.85$1.61$9.03$8.62$0.41
2011Summary only. Only limited summary data is available for this year.$2.33$1.14$1.20$8.77$8.40$0.37