Civic Intelligence

Carolina Mountain Land Conservancy Inc

990 • Fiscal year 2024 • EIN 56-6449365

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 30, 2025

847 Case StreetHendersonville, NC 28792

(828) 697-5777

Siviq Scores

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

Liabilities / Assets

20th percentile

0.03x

Higher debt load relative to assets than 20% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.20x

Higher debt load relative to revenue than 41% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

18th percentile

$139,571

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

42nd percentile

3.6%

Faster asset growth than 42% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-42%

Faster revenue growth than 5% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$45,847,147

Up $1,579,774 (+3.6%) from 2023

Net Assets

Up

$44,521,380

Up $1,300,034 (+3.0%) from 2023

Liabilities

Up

$1,325,767

Up $279,740 (+27%) from 2023

Revenue

Down

$6,527,633

Down $4,657,504 (-42%) from 2023

Expenses

Down

$5,654,094

Down $774,569 (-12%) from 2023

Net Income

Down

$873,539

Down $3,882,935 (-82%) from 2023

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $7,548,761Liabilities 2010: $2,693,528Net Assets 2010: $4,855,2332010Assets 2011: $7,162,147Liabilities 2011: $2,160,031Net Assets 2011: $5,002,1162011Assets 2012: $7,964,356Liabilities 2012: $567,099Net Assets 2012: $7,397,2572012Assets 2013: $10,396,899Liabilities 2013: $602,071Net Assets 2013: $9,794,8282013Assets 2014: $9,719,676Liabilities 2014: $596,348Net Assets 2014: $9,123,3282014Assets 2015: $9,740,938Liabilities 2015: $469,590Net Assets 2015: $9,271,3482015Assets 2016: $15,557,088Liabilities 2016: $1,046,408Net Assets 2016: $14,510,6802016Assets 2017: $20,496,929Liabilities 2017: $2,868,445Net Assets 2017: $17,628,4842017Assets 2018: $26,720,992Liabilities 2018: $3,088,966Net Assets 2018: $23,632,0262018Assets 2019: $24,189,320Liabilities 2019: $1,584,766Net Assets 2019: $22,604,5542019Assets 2020: $27,674,388Liabilities 2020: $3,575,706Net Assets 2020: $24,098,6822020Assets 2021: $28,294,759Liabilities 2021: $1,609,388Net Assets 2021: $26,685,3712021Assets 2022: $39,040,056Liabilities 2022: $948,601Net Assets 2022: $38,091,4552022Assets 2023: $44,267,373Liabilities 2023: $1,046,027Net Assets 2023: $43,221,3462023Assets 2024: $45,847,147Liabilities 2024: $1,325,767Net Assets 2024: $44,521,3802024

Highlighted filing

2024

Assets$45,847,147
Liabilities$1,325,767
Net Assets$44,521,380

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,598,9682010Revenue 2011: $2,723,008Expenses 2011: $2,643,845Net Income 2011: $79,1632011Expenses 2012: $2,073,6952012Revenue 2013: $4,420,638Expenses 2013: $2,074,939Net Income 2013: $2,345,6992013Revenue 2014: $3,164,346Expenses 2014: $3,950,793Net Income 2014: -$786,4472014Revenue 2015: $2,414,334Expenses 2015: $2,270,891Net Income 2015: $143,4432015Revenue 2016: $7,254,586Expenses 2016: $2,018,659Net Income 2016: $5,235,9272016Revenue 2017: $9,444,076Expenses 2017: $6,488,262Net Income 2017: $2,955,8142017Revenue 2018: $8,561,408Expenses 2018: $2,607,442Net Income 2018: $5,953,9662018Revenue 2019: $7,414,693Expenses 2019: $8,570,763Net Income 2019: -$1,156,0702019Revenue 2020: $6,350,751Expenses 2020: $4,660,576Net Income 2020: $1,690,1752020Revenue 2021: $6,454,871Expenses 2021: $4,481,986Net Income 2021: $1,972,8852021Revenue 2022: $15,794,430Expenses 2022: $3,351,355Net Income 2022: $12,443,0752022Revenue 2023: $11,185,137Expenses 2023: $6,428,663Net Income 2023: $4,756,4742023Revenue 2024: $6,527,633Expenses 2024: $5,654,094Net Income 2024: $873,5392024

Highlighted filing

2024

Revenue$6,527,633
Expenses$5,654,094
Net Income$873,539
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 30, 2025
Return Version
2023v6.0
Gross Receipts
$6,589,582
Mission and Program Overview

Mission

To protect, restore, and inspire appreciation of the natural world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$31,410,660$33,219,534▲ $1,808,874
Investments in Publicly Traded Securities$5,410,543$5,861,225▲ $450,682
Cash and Non-Interest-Bearing Accounts$2,720,892$3,292,237▲ $571,345
Pledges and Grants Receivable$2,274,654$824,681▼ $1,449,973
Savings and Temporary Cash Investments$275,346$283,491▲ $8,145
Accounts Receivable$47,499$39,571▼ $7,928
Prepaid Expenses and Deferred Charges$33,772$21,151▼ $12,621
Other Notes and Loans Receivable, Net$17,000$17,000→ $0
Total Assets$44,267,373$45,847,147▲ $1,579,774
Other Assets Total$2,077,007$2,288,257▲ $211,250
Liabilities
Accounts Payable and Accrued Expenses$702,723$734,667▲ $31,944
Mortgage Notes Payable Secured by Investment Property$343,304$591,100▲ $247,796
Total Liabilities$1,046,027$1,325,767▲ $279,740
Net Assets / Fund Balance
Net Assets With Donor Restrictions$35,566,860$36,691,288▲ $1,124,428
Net Assets Without Donor Restrictions$7,654,486$7,830,092▲ $175,606
Total Net Assets Fund Balance$43,221,346$44,521,380▲ $1,300,034
Total Liabilities and Net Assets / Fund Balance$44,267,373$45,847,147▲ $1,579,774

Asset Categories

AssetBook ValueDepreciationBasis
Land$32,922,095-$32,922,095
Buildings$280,816$166,281$447,097
Equipment$16,077$75,617$91,694
Other Land Buildings$546$46,236$46,782

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,015,442-▲ $134,400$1,700$2,143,191
2022$1,377,483$456,933▲ $186,988$1,600$2,015,442
2021$1,539,721$13,917▼ $170,919$1,500$1,377,483
2020$1,186,446$116,270▲ $241,658$1,400$1,539,721
2019$1,207,512-▼ $17,379$1,400$1,186,446
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kieran RoeExecutive DirectorFT$129,246$10,325$139,571

Board Members and Trustees

NameTitle
Patrick CaffertyPresident
Susan MchughVice President
Amos Dawson IIIBoard Member
C Yates PharrBoard Member
Carol Lee RobersonBoard Member
Christy L BlakelyBoard Member
David HumphreyBoard Member
David NelmsBoard Member
Debi WhitmireBoard Member
Demi B LoftisBoard Member
Kathy KlepferBoard Member
Ken SheltonBoard Member
Lee MulliganBoard Member
Madelon WallaceBoard Member
Mark CampaniniBoard Member
Micheal EganBoard Member
Shuford SmithBoard Member
Stratford DouglasBoard Member
Tanya Marie PenderBoard Member
Timothy Dressner BellBoard Member
Rafael BravoSecretary
Charlotte SullivanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
North State Environmental IncRestoration services2889 Lowery St, Winston Salem, NC 27101$1,347,717
Resource InstituteProject Management2631 Reynolda Road, Winston Salem, NC 27106$441,000
Baker Grading and Landscaping IncRestoration services1000 Bat Cave Road, Old Fort, NC 28762$415,375
Wright Contracting LLCRestoration services453 Silk Hope Liberty Rd, Siler City, NC 27344$350,519
Banks Creek Professional Land Surveying IncSurveying services274 Tipton Hill Road, Liecester, NC 28748$132,400
Revenue and Support

Revenue Composition

Contributions and Grants
$6,078,720
Program Service Revenue
$13,249
Investment Income
$388,213
Other Revenue
$47,451
All Other Contributions
$4,334,664
Change in Net Assets
$873,539

Noncash Contribution Practices

Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other4$1,102,343Appraisal
Securities Publicly Traded14$64,233Fair Market Value
Other Non Cash Contri Table89$44,401Fair Market Value
Total Noncash Contributions107$1,210,977-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,964,667
Salaries, Compensation, and Employee Benefits$1,646,302
Total Fundraising Expense$407,202
Grants and Similar Amounts Paid$43,125
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$712,725$155,369$250,630$1,118,724
All Other Expenses$999,571$27,951$32,411$1,059,933
Current Officers, Directors, Trustees, and Key Employees$130,600$87,067-$217,667
Other Expenses$159,167$19,930-$159,167
Payroll Taxes$123,222$13,493$18,684$155,399
Other Employee Benefits$103,252$27,982$15,563$146,797
Office Expenses$49,420$17,296$43,055$109,771
Fees for Services Accounting$58,823$16,709$17,640$93,172
Insurance$40,001$11,362$11,996$63,359
Travel$30,972$13,843$585$45,400
Fees for Services Other$27,048$7,683$8,111$42,842
Grants to Domestic Orgs$41,625--$41,625
Occupancy$14,630$3,069$3,240$20,939
Depreciation Depletion-$19,968-$19,968
Advertising$3,544$4,108$2,758$10,410
Interest-$8,971-$8,971
Pension Plan Contributions$5,047$139$2,529$7,715
Fees for Services Legal$3,500$1,530-$5,030
Information Technology$3,299--$3,299
Grants to Domestic Individuals$1,500--$1,500
Total Functional Expenses$4,810,422$436,470$407,202$5,654,094
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bonesteel FilmsAsheville, NC-George Masa Film$41,625
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$81,103
Fundraising Direct Expenses$61,949
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Conservation Celebration$179,549$81,103$435$80,668
Total Events$179,549$81,103$61,949$19,154
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
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
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6

Members receive nominal benefits such as a newsletter and email alerts.

Form 990, Part VI, Line 11B

The Finance Committee reviews the Form 990, offers its recommendations to the Board, who then receives it and requests further explanation if necessary.

Form 990, Part VI, Line 12C

Board members read the policy before each Executive Committee Meeting and Board Meeting. Any member with a conflict is to abstain from voting on the matter.

Form 990, Part VI, Line 15A

The Executive Committee conducts a performance review annually where a vote occurs on a wage increase. A staff person types notes shares with the Finance Director. Conserving Carolina is accredited by the Land Trust Alliance which sets industry standards.

Form 990, Part VI, Line 18

Forms 1023 and 990 are available upon request.

Form 990, Part VI, Line 19

Governing documents in house. Financial documents included in newsletters distributed to members and are available on the organization website and its annual report.

Filing and Contact Details

Filer

Filer Name
Conserving Carolina
EIN
56-6449365
Phone
8286975777
Address
847 Case Street, Hendersonville, NC 28792

Signing Officer

Name
Susan McHugh
Title
President
Phone
8286975777
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan McHugh
Formed
1994
Legal Domicile
Nc
Voting Board Members
22
Independent Board Members
22
Employees
87
Volunteers
177

Preparer

Firm
Outfitters4 Inc
Address
717 Coliseum Dr NW, Winston Salem, NC 27106
Preparer
Brittany Emery
Phone
8889299499
Supplemental Narrative

Financial Statement Notes

X 2

The Organization has received a determination from the U.S. Treasury Department stating that it qualifies under the provisions of Section 501c3 of the Internal Revenue Code as a tax-exempt organization. Accordingly, no accounting for federal or state income taxes is required in the accompanying financial statements. The Organization recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized will be the largest amount of tax benefit that is greater than 50 likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit will be recorded. Conserving Carolina and Subsidiaries has examined this issue and has determined there are no material contingent tax liabilities at June 30, 2024 and 2023. The Organization recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized will be the largest amount of tax benefit that is greater than 50 likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit will be recorded. Conserving Carolina and Subsidiaries has examined this issue and has determined there are no material contingent tax liabilities at June 30, 2024 and 2023.

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IRS990/Desc0Stewardship, Restoration, and Public Access Conserving Carolina continued to steward and enforce the conservation easements it holds, while striving to bring the most current scientific land management resources to our partner landowners. Conserving Carolina also continued its management of the properties it owns by partnering with federal and state agencies, volunteers, and others to increase biological diversity, enhance wildlife habitat, and address other land management needs. Among restoration projects, Conserving Carolina installed pollinator habitat on public and private conserved properties, actively engaged in several stream and wetland restoration projects on private lands and lands that it owns and continued to combat nonnative invasive plant species throughout its service area. Conserving Carolina partnered with state and local governments to create new public parks and recreational lands and to advance greenways, multi-use paths, and trails for a multitude of user groups throughout the region by creating new opportunities for trail construction and maintaining trails.
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IRS990/Form990PartVIISectionAGrp/PersonNm0Kieran Roe
IRS990/Form990PartVIISectionAGrp/PersonNm1Patrick Cafferty
IRS990/Form990PartVIISectionAGrp/PersonNm2Susan Mchugh
IRS990/Form990PartVIISectionAGrp/PersonNm3Rafael Bravo
IRS990/Form990PartVIISectionAGrp/PersonNm4Charlotte Sullivan
IRS990/Form990PartVIISectionAGrp/PersonNm5Stratford Douglas
IRS990/Form990PartVIISectionAGrp/PersonNm6Tanya Marie Pender
IRS990/Form990PartVIISectionAGrp/PersonNm7C Yates Pharr
IRS990/Form990PartVIISectionAGrp/PersonNm8Ken Shelton
IRS990/Form990PartVIISectionAGrp/PersonNm9David Nelms
IRS990/Form990PartVIISectionAGrp/PersonNm10Carol Lee Roberson
IRS990/Form990PartVIISectionAGrp/PersonNm11Debi Whitmire
IRS990/Form990PartVIISectionAGrp/PersonNm12Shuford Smith
IRS990/Form990PartVIISectionAGrp/PersonNm13David Humphrey
IRS990/Form990PartVIISectionAGrp/PersonNm14Timothy Dressner Bell
IRS990/Form990PartVIISectionAGrp/PersonNm15Kathy Klepfer
IRS990/Form990PartVIISectionAGrp/PersonNm16Lee Mulligan
IRS990/Form990PartVIISectionAGrp/PersonNm17Mark Campanini
IRS990/Form990PartVIISectionAGrp/PersonNm18Amos Dawson III
IRS990/Form990PartVIISectionAGrp/PersonNm19Micheal Egan
IRS990/Form990PartVIISectionAGrp/PersonNm20Demi B Loftis
IRS990/Form990PartVIISectionAGrp/PersonNm21Madelon Wallace
IRS990/Form990PartVIISectionAGrp/PersonNm22Christy L Blakely
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board 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
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt21Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt22Board Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt098447
IRS990/FundraisingDirectExpensesAmt061949
IRS990/FundraisingGrossIncomeAmt081103
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IRS990/GoverningBodyVotingMembersCnt022
IRS990/GovernmentGrantsAmt01645609
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IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt041625
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IRS990/GrantsToOrganizationsInd0false
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IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
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IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InsuranceGrp/ProgramServicesAmt040001
IRS990/InsuranceGrp/TotalAmt063359
IRS990/InterestGrp/ManagementAndGeneralAmt08971
IRS990/InterestGrp/TotalAmt08971
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0388213
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt05410543
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IRS990/MissionDesc0To protect, restore, and inspire appreciation of the natural world.
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IRS990/NetUnrlzdGainsLossesInvstAmt0426495
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0146797
IRS990/OtherExpensesGrp/Desc0Conservation Easement Purchases
IRS990/OtherExpensesGrp/Desc1Land Acquisition Fees
IRS990/OtherExpensesGrp/Desc2Contract Project Services
IRS990/OtherExpensesGrp/Desc3Land Protection Program Expenses
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IRS990/OtherExpensesGrp/ProgramServicesAmt0860000
IRS990/OtherExpensesGrp/ProgramServicesAmt1384871
IRS990/OtherExpensesGrp/ProgramServicesAmt21057605
IRS990/OtherExpensesGrp/ProgramServicesAmt3159167
IRS990/OtherExpensesGrp/TotalAmt0860000
IRS990/OtherExpensesGrp/TotalAmt1384871

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.$45.8$1.33$44.5$6.53$5.65$0.87
2023Summary only. Only limited summary data is available for this year.$44.3$1.05$43.2$11.2$6.43$4.76
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.0$0.95$38.1$15.8$3.35$12.4
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.3$1.61$26.7$6.45$4.48$1.97
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.7$3.58$24.1$6.35$4.66$1.69
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.2$1.58$22.6$7.41$8.57$1.16
2018Summary only. Only limited summary data is available for this year.$26.7$3.09$23.6$8.56$2.61$5.95
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.5$2.87$17.6$9.44$6.49$2.96
2016Summary only. Only limited summary data is available for this year.$15.6$1.05$14.5$7.25$2.02$5.24
2015Detailed filing. Detailed filing data is available for this year.$9.74$0.47$9.27$2.41$2.27$0.14
2014Detailed filing. Detailed filing data is available for this year.$9.72$0.60$9.12$3.16$3.95$0.79
2013Summary only. Only limited summary data is available for this year.$10.4$0.60$9.79$4.42$2.07$2.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.96$0.57$7.40$2.07
2011Summary only. Only limited summary data is available for this year.$7.16$2.16$5.00$2.72$2.64$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.55$2.69$4.86$2.60