Civic Intelligence

Senior Pharmassist Inc.

990 • Fiscal year 2019 • EIN 56-2084639

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 14, 2019

406 RIGSBEE AVE Room 201Durham, NC 27701-2186

(919) 688-4772

Siviq Scores

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

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2019 filings • NTEE E • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

24th percentile

0.02x

Higher debt load relative to revenue than 24% of similar nonprofits.

2019 filings • NTEE E • $1M-$5M nonprofits • Source year 2019

Net Margin

75th percentile

16%

Higher net margin than 75% of similar nonprofits.

2019 filings • NTEE E • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

52nd percentile

$94,285

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2019 filings • NTEE E • $1M-$5M nonprofits • Source year 2019

Asset Growth

71st percentile

14%

Faster asset growth than 71% of similar nonprofits.

2019 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

25th percentile

-9.0%

Faster revenue growth than 25% of similar nonprofits.

2019 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,640,477

Up $198,575 (+14%) from 2018

Net Assets

Up

$1,616,327

Up $174,468 (+12%) from 2018

Liabilities

Up

$24,150

Up $24,107 (+56063%) from 2018

Revenue

Down

$1,091,281

Down $108,549 (-9.0%) from 2018

Expenses

Up

$920,335

Up $94,921 (+11%) from 2018

Net Income

Down

$170,946

Down $203,470 (-54%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $299,170Liabilities 2011: $313Net Assets 2011: $298,8572011Assets 2012: $561,614Liabilities 2012: $17,232Net Assets 2012: $544,3822012Assets 2013: $595,163Liabilities 2013: $48,164Net Assets 2013: $546,9992013Assets 2014: $742,063Liabilities 2014: $1,167Net Assets 2014: $740,8962014Assets 2015: $823,309Liabilities 2015: $951Net Assets 2015: $822,3582015Assets 2016: $932,391Liabilities 2016: $723Net Assets 2016: $931,6682016Assets 2017: $1,067,727Liabilities 2017: $284Net Assets 2017: $1,067,4432017Assets 2018: $1,441,902Liabilities 2018: $43Net Assets 2018: $1,441,8592018Assets 2019: $1,640,477Liabilities 2019: $24,150Net Assets 2019: $1,616,3272019Assets 2020: $1,849,334Liabilities 2020: $110,518Net Assets 2020: $1,738,8162020Assets 2021: $2,548,511Liabilities 2021: $456Net Assets 2021: $2,548,0552021Assets 2022: $2,237,407Liabilities 2022: $420Net Assets 2022: $2,236,9872022Assets 2023: $2,643,236Liabilities 2023: $316Net Assets 2023: $2,642,9202023Assets 2024: $3,071,412Liabilities 2024: $25,806Net Assets 2024: $3,045,6062024Assets 2025: $3,177,874Liabilities 2025: $11,763Net Assets 2025: $3,166,1112025

Highlighted filing

2019

Assets$1,640,477
Liabilities$24,150
Net Assets$1,616,327

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $637,7632011Expenses 2012: $679,2412012Expenses 2013: $753,1342013Revenue 2014: $842,052Expenses 2014: $648,155Net Income 2014: $193,8972014Revenue 2015: $771,147Expenses 2015: $689,685Net Income 2015: $81,4622015Revenue 2016: $824,107Expenses 2016: $714,797Net Income 2016: $109,3102016Revenue 2017: $889,163Expenses 2017: $753,388Net Income 2017: $135,7752017Revenue 2018: $1,199,830Expenses 2018: $825,414Net Income 2018: $374,4162018Revenue 2019: $1,091,281Expenses 2019: $920,335Net Income 2019: $170,9462019Revenue 2020: $1,052,437Expenses 2020: $929,948Net Income 2020: $122,4892020Revenue 2021: $1,781,429Expenses 2021: $972,190Net Income 2021: $809,2392021Revenue 2022: $618,446Expenses 2022: $929,514Net Income 2022: -$311,0682022Revenue 2023: $1,349,747Expenses 2023: $993,929Net Income 2023: $355,8182023Revenue 2024: $1,487,226Expenses 2024: $1,101,575Net Income 2024: $385,6512024Revenue 2025: $1,296,966Expenses 2025: $1,260,141Net Income 2025: $36,8252025

Highlighted filing

2019

Revenue$1,091,281
Expenses$920,335
Net Income$170,946
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$1,102,290
Mission and Program Overview

Mission

Senior pharmassist promotes healthier living for durham seniors by helping them obtain and better manage needed medications and by providing health education, medicare insurance counseling, community referral, and advocacy.

Senior pharmassist helps seniors obtain and better manage needed medications and provides health education, medicare insurance counseling and community referral

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$770,118$933,343▲ $163,225
Savings and Temporary Cash Investments$488,072$515,836▲ $27,764
Investments Other Securities$175,818$182,507▲ $6,689
Land, Buildings, and Equipment, Net$5,389$5,451▲ $62
Cash and Non-Interest-Bearing Accounts$32$84▲ $52
Total Assets$1,441,902$1,640,477▲ $198,575
Other Assets Total$2,473$3,256▲ $783
Liabilities
Accounts Payable and Accrued Expenses$43$24,150▲ $24,107
Total Liabilities$43$24,150▲ $24,107
Net Assets / Fund Balance
Unrestricted Net Assets$1,441,859$1,616,327▲ $174,468
Total Net Assets Fund Balance$1,441,859$1,616,327▲ $174,468
Total Liabilities and Net Assets / Fund Balance$1,441,902$1,640,477▲ $198,575

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,451$18,050$23,501
Other Securities$182,507--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gina UpchurchExecutive DirectorFT$94,285$94,285

Board Members and Trustees

NameTitle
Tom BaconPresident
Lynn H SpragensVice President
Anne TooheyDirector
Chuck WilsonDirector
Colleen RamseyDirector
Eugene DauchertDirector
Ingram HedgpethDirector
James BlakeDirector
Jeanne HechtDirector
Jr TerryDirector
Kay WellemeyerDirector
Kecia CourtneyDirector
Lisa NadlerDirector
Mary-jo KeenanDirector
Rosyln MuseDirector
Susan SorrellsDirector
Tom WollmanDirector
Victoria OrtoDirector
Woody WarburtonDirector
Deborah JenkinsSecretary
John He StellingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$971,937
Program Service Revenue
$62,258
Investment Income
$67,025
Other Revenue
$-9,939
All Other Contributions
$628,948
Change in Net Assets
$170,946

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,104,051
Revenue Not Reported on Financial Statements
$-12,770
Other Revenue Adjustments
$-11,009
Total Revenue per Audited Statements
$1,104,051
Total Revenue per Form 990
$1,091,281
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$682,564
Other Expenses$128,382
Grants and Similar Amounts Paid$109,389
Total Fundraising Expense$90,847
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$429,238$22,299$49,408$500,945
Grants to Domestic Individuals$109,389--$109,389
Current Officers, Directors, Trustees, and Key Employees$57,355$18,073$18,857$94,285
Payroll Taxes$36,145$2,998$5,163$44,306
Occupancy$26,733$2,168$3,668$32,569
Other Employee Benefits$26,669$642$3,258$30,569
Office Expenses$22,950$1,582$4,451$28,983
Information Technology$21,494$1,669$2,831$25,994
Pension Plan Contributions$11,093$430$936$12,459
Fees for Services Accounting$2,810$7,929$362$11,101
Other Expenses$4,466$449$626$5,541
Fees for Services Other$4,582$238$108$4,928
Conferences and Meetings$3,839$216$467$4,522
Insurance$3,269$214$289$3,772
Fees for Service Investment Mgmnt Fees-$1,761-$1,761
Depreciation Depletion$1,324$116$156$1,596
Advertising$574$6$9$589
Travel$453$5$7$465
Total Functional Expenses$765,774$63,714$90,847$920,335

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$929,583
Total Expenses per Form 990$920,335
Expenses per Audited Statements$918,574
Expenses Not Reported on Form 990$11,009
Expenses Not Reported on Financial Statements$1,761
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$11,009
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$29,264-$5,724-
Total Events$29,264-$11,009$-11,009
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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

Governance Explanations

Form 990, Part VI, Section B, Line 11

The finance committee and executive committee reviewed and approved Form 990 before it was submitted to the IRS on behalf of the board of directors and distributed to the entire board for review before submitting it to the IRS.

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

When new board members are oriented to Senior PharmAssist, they are given a copy of our board resolutions, including Conflict of Interest Policy and are required to abide by them. In addition, each year all board members are required to review a copy of our Conflict of Interest Statement and sign and date the policy affirming their understanding and acceptance or this requirement.

Form 990, Part VI, Section B, Line 15

Compensation of all paid staff and the Executive Director is a non-voting member of the Board of Directors is determined by the Finance Committee of the Board of Directors. These individuals are volunteers with no financial ties to the organization and the minutes are recorded in detail and kept on file.

Form 990, Part VI, Section C, Line 19

Currently our governing documents, conflict of interest policy and financial statements are available to the public upon request. Our annual report and audited financial statements are available on the agencys website.

Filing and Contact Details

Filer

Filer Name
Senior Pharmassist Inc
EIN
56-2084639
Phone
9196884772
Address
406 RIGSBEE AVE Room 201, DURHAM, NC 27701-2186

Signing Officer

Name
Gina Upchurch
Title
Director
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gina Upchurch
Formed
1998
Legal Domicile
Nc
Voting Board Members
21
Independent Board Members
21
Employees
14
Volunteers
64

Preparer

Firm
KJMS Inc
Address
3900 Marklyn Pl, Hillsborough, NC 27278
Preparer
Karen Miller
Phone
9196434038
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1

The organizations method of accounting is the modified cash basis.

Financial Statement Notes

XI 4B

Direct expenses for event income

XII 2D

Direct expenses for event income

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IRS990/Desc0Senior PharmAssist helped 2,322 individuals in the FY ended June 30, 2019. We provided comprehensive services to 587 seniors 60 and older in Durham with incomes below 300 of the FPL. They benefited from medication therapy management with our clinical pharmacists trained in geriatrics, Medicare insurance counseling, and tailored community referral to support independence. Our direct financial assistance as a secondary drug coverage helped 375 older adults. We provided face-to-face Medicare insurance counseling to an additional 1,202 Medicare beneficiaries. Also, 488 individuals received tailored referrals to other programs, primarily for medication assistance. We continued work with the Duke Geriatric Workforce Enhancement Program to see older adults with complex needs.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01998
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IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt029264
IRS990/FundraisingDirectExpensesAmt011009
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GovernmentGrantsAmt0293840
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0109389
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01102290
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt021
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02831
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01669
IRS990/InformationTechnologyGrp/ProgramServicesAmt021494
IRS990/InformationTechnologyGrp/TotalAmt025994
IRS990/InsuranceGrp/FundraisingAmt0289
IRS990/InsuranceGrp/ManagementAndGeneralAmt0214
IRS990/InsuranceGrp/ProgramServicesAmt03269
IRS990/InsuranceGrp/TotalAmt03772
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt067025
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt067025
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0175818
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0182507
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0770118
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IRS990/IRPDocumentCnt00
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IRS990/LandBldgEquipCostOrOtherBssAmt023501
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SENIOR PHARMASSIST PROMOTES HEALTHIER LIVING FOR DURHAM SENIORS BY HELPING THEM OBTAIN AND BETTER MANAGE NEEDED MEDICATIONS AND BY PROVIDING HEALTH EDUCATION, MEDICARE INSURANCE COUNSELING, COMMUNITY REFERRAL, AND ADVOCACY.
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IRS990/OccupancyGrp/ManagementAndGeneralAmt02168
IRS990/OccupancyGrp/ProgramServicesAmt026733
IRS990/OccupancyGrp/TotalAmt032569
IRS990/OfficeExpensesGrp/FundraisingAmt04451
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01582
IRS990/OfficeExpensesGrp/ProgramServicesAmt022950
IRS990/OfficeExpensesGrp/TotalAmt028983
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IRS990/OperateHospitalInd0false
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03258
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0642
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IRS990/OtherExpensesGrp/Desc0DUES
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IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
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IRS990/OtherExpensesGrp/FundraisingAmt1626
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt037
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2449
IRS990/OtherExpensesGrp/ProgramServicesAmt03391
IRS990/OtherExpensesGrp/ProgramServicesAmt14466
IRS990/OtherExpensesGrp/TotalAmt03679
IRS990/OtherExpensesGrp/TotalAmt12882
IRS990/OtherExpensesGrp/TotalAmt25541
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IRS990/OtherRevenueTotalAmt01070
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt049408
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt022299
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0429238
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IRS990/PayrollTaxesGrp/FundraisingAmt05163
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02998
IRS990/PayrollTaxesGrp/ProgramServicesAmt036145
IRS990/PayrollTaxesGrp/TotalAmt044306
IRS990/PensionPlanContributionsGrp/FundraisingAmt0936
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0430
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt011093
IRS990/PensionPlanContributionsGrp/TotalAmt012459
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IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/Desc2CONSULTING
IRS990/ProgramServiceRevenueGrp/Desc3DUKE GWEP
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt360008
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt360008
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01060597
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0105842
IRS990/PYInvestmentIncomeAmt057242
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0102322
IRS990/PYOtherRevenueAmt0-8296
IRS990/PYProgramServiceRevenueAmt090287
IRS990/PYRevenuesLessExpensesAmt0374416
IRS990/PYSalariesCompEmpBnftPaidAmt0617250
IRS990/PYTotalExpensesAmt0825414
IRS990/PYTotalRevenueAmt01199830
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false

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.$3.18$0.01$3.17$1.30$1.26$0.04
2024Detailed filing. Detailed filing data is available for this year.$3.07$0.03$3.05$1.49$1.10$0.39
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.64$0.00$2.64$1.35$0.99$0.36
2022Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.62$0.93$0.31
2021Detailed filing. Detailed filing data is available for this year.$2.55$0.00$2.55$1.78$0.97$0.81
2020Detailed filing. Detailed filing data is available for this year.$1.85$0.11$1.74$1.05$0.93$0.12
2019Detailed filing. Detailed filing data is available for this year.$1.64$0.02$1.62$1.09$0.92$0.17
2018Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$1.20$0.83$0.37
2017Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.89$0.75$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.82$0.71$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.77$0.69$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.84$0.65$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.05$0.55$0.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.02$0.54$0.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.00$0.30$0.64