Civic Intelligence

Fundacion Para El Desarrollo Del Hogar Propio Inc

990 • Fiscal year 2017 • EIN 66-0484507

Aug 01, 2016 to Jul 31, 2017 • Filed on Jun 14, 2018

PO Box 8425Caguas, PR 00726

(787) 743-8687

Siviq Scores

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

Liabilities / Assets

58th percentile

0.24x

Higher debt load relative to assets than 58% of similar nonprofits.

2017 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

21st percentile

0.02x

Higher debt load relative to revenue than 21% of similar nonprofits.

2017 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2017

Net Margin

36th percentile

2.9%

Higher net margin than 36% of similar nonprofits.

2017 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

47th percentile

$111,550

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2017 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2017

Asset Growth

1st percentile

-63%

Faster asset growth than 1% of similar nonprofits.

2017 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

56th percentile

6.8%

Faster revenue growth than 56% of similar nonprofits.

2017 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Down

$2,338,012

Down $3,932,797 (-63%) from 2016

Net Assets

Up

$1,769,335

Up $700,604 (+66%) from 2016

Liabilities

Down

$568,677

Down $4,633,401 (-89%) from 2016

Revenue

Up

$23,747,504

Up $1,504,148 (+6.8%) from 2016

Expenses

Up

$23,047,739

Up $1,413,295 (+6.5%) from 2016

Net Income

Up

$699,765

Up $90,853 (+15%) from 2016

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $1,229,530Liabilities 2011: $1,000,140Net Assets 2011: $229,3902011Assets 2012: $2,477,112Liabilities 2012: $2,289,025Net Assets 2012: $188,0872012Assets 2013: $945,761Liabilities 2013: $657,683Net Assets 2013: $288,0782013Assets 2014: $985,858Liabilities 2014: $709,566Net Assets 2014: $276,2922014Assets 2015: $1,319,799Liabilities 2015: $1,039,470Net Assets 2015: $280,3292015Assets 2016: $6,270,809Liabilities 2016: $5,202,078Net Assets 2016: $1,068,7312016Assets 2017: $2,338,012Liabilities 2017: $568,677Net Assets 2017: $1,769,3352017Assets 2018: $3,335,612Liabilities 2018: $1,747,254Net Assets 2018: $1,588,3582018Assets 2019: $10,686,965Liabilities 2019: $8,916,478Net Assets 2019: $1,770,4872019Assets 2020: $22,115,507Liabilities 2020: $20,512,418Net Assets 2020: $1,603,0892020Assets 2021: $24,112,229Liabilities 2021: $21,963,875Net Assets 2021: $2,148,3542021Assets 2022: $19,562,554Liabilities 2022: $16,870,929Net Assets 2022: $2,691,6252022Assets 2023: $20,657,259Liabilities 2023: $17,587,885Net Assets 2023: $3,069,3742023Assets 2024: $28,738,268Liabilities 2024: $21,586,054Net Assets 2024: $7,152,2142024

Highlighted filing

2017

Assets$2,338,012
Liabilities$568,677
Net Assets$1,769,335

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $16,544,476Expenses 2011: $16,554,940Net Income 2011: -$10,4642011Revenue 2012: $18,951,727Expenses 2012: $18,957,855Net Income 2012: -$6,1282012Revenue 2013: $20,234,722Expenses 2013: $20,204,824Net Income 2013: $29,8982013Revenue 2014: $19,144,762Expenses 2014: $19,129,815Net Income 2014: $14,9472014Revenue 2015: $20,818,796Expenses 2015: $20,434,940Net Income 2015: $383,8562015Revenue 2016: $22,243,356Expenses 2016: $21,634,444Net Income 2016: $608,9122016Revenue 2017: $23,747,504Expenses 2017: $23,047,739Net Income 2017: $699,7652017Revenue 2018: $20,217,405Expenses 2018: $20,398,382Net Income 2018: -$180,9772018Revenue 2019: $20,906,986Expenses 2019: $20,747,458Net Income 2019: $159,5282019Revenue 2020: $24,800,623Expenses 2020: $24,968,021Net Income 2020: -$167,3982020Revenue 2021: $27,243,134Expenses 2021: $26,637,690Net Income 2021: $605,4442021Revenue 2022: $28,699,434Expenses 2022: $27,861,979Net Income 2022: $837,4552022Revenue 2023: $27,669,885Expenses 2023: $27,343,340Net Income 2023: $326,5452023Revenue 2024: $28,508,545Expenses 2024: $24,425,705Net Income 2024: $4,082,8402024

Highlighted filing

2017

Revenue$23,747,504
Expenses$23,047,739
Net Income$699,765
Jump To
Filing Snapshot
Filing Period
Aug 1, 2016 to Jul 31, 2017
Signed
Jun 14, 2018
Return Version
2016v3.0
Gross Receipts
$23,747,504
Mission and Program Overview

Mission

To provide educational services along with nutrition and other social and developmental services to infants and preschool children from economically disadvantaged families. Children's parents also benefit from the program in which they participate in various decision-making processes related to the operation of the program. The organization's impact to these families also serves the communities by enhansing economic development and bringing opportunities to families in need that would not be able to have access to these progams by their own means.

To provide comprehensive health, educational, nutritional, social and other developmental services to economically disadvantaged families, including infants and preschool children. Parents receive social services and participate in various decision-making processes related to the operation of the program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$849,534$1,244,061▲ $394,527
Cash and Non-Interest-Bearing Accounts$793,321$455,168▼ $338,153
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$6,270,809$2,338,012▼ $3,932,797
Other Assets Total$4,627,954$638,783▼ $3,989,171
Liabilities
Deferred Revenue$3,940,525--
Accounts Payable and Accrued Expenses$1,261,553$568,677▼ $692,876
Total Liabilities$5,202,078$568,677▼ $4,633,401
Net Assets / Fund Balance
Unrestricted Net Assets$1,068,731$1,769,335▲ $700,604
Total Net Assets Fund Balance$1,068,731$1,769,335▲ $700,604
Total Liabilities and Net Assets / Fund Balance$6,270,809$2,338,012▼ $3,932,797

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,203,210$691,347$1,894,557
Equipment$40,851$1,229,471$1,270,322
Other Assets Org$638,783--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carmen Villarini GarciaDirector HS/EHSFT$111,550$111,550

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
A & M Asociados INCBuilding ImprovementAVE WINSTON CHURCHILL 138 PMB 320, San Juan, PR 00926$256,299
Rafael Hernandez BarreraRent OfficePO BOX 4985 PMB 265, Caguas, PR 00726-4985$223,897
Emilio Garcia RosarioRentC/ RIO GRANDE CO-27 URB ENCANTADA, Trujillo Alto, PR 00976$183,110
Csj Development CorporationRentPO BOX 6086, Caguas, PR 00726$144,000
Gdr General Construction CorpBuilding ImprovementHC-02 BOX 12751, Aguas Buenas, PR 00703$142,202
Revenue and Support

Revenue Composition

Contributions and Grants
$23,747,504
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,429,021
Change in Net Assets
$699,765

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,747,504
Total Revenue per Audited Statements
$23,747,504
Total Revenue per Form 990
$23,747,504
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,115,601
Other Expenses$9,932,138
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,240,468$995,396-$11,235,864
Occupancy$1,457,113$250,849-$1,707,962
All Other Expenses$1,353,545$319,053-$1,672,598
Payroll Taxes$1,076,263$205,208-$1,281,471
Other Expenses$551,382$63,787-$615,169
Other Employee Benefits$331,044$36,270-$367,314
Fees for Services Other$150,698$202,575-$353,273
Depreciation Depletion$212,435--$212,435
Pension Plan Contributions$50,101$69,301-$119,402
Insurance$103,217$12,263-$115,480
Current Officers, Directors, Trustees, and Key Employees$111,550--$111,550
Fees for Services Accounting-$101,338-$101,338
Office Expenses$19,264$40,710-$59,974
Fees for Services Legal$1,255$7,373-$8,628
Advertising$1,438$895-$2,333
Total Functional Expenses$20,583,328$2,464,411$0$23,047,739

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$23,047,739
Total Expenses per Audited Statements$23,047,739
Total Expenses per Form 990$23,047,739
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The secretary of the board of directors distributes the draft of form 990 to all board members. In particular, the board chair and treasurer are asked to review and approve prior to filing. Any concerns are brought to the attention of the board for discussion and final resolution.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

DIRECTORS AND OFFICERS REVIEW AND SIGN ANNUALLY THE POLICY OF CONFLICT OF INTEREST DISCLOSURE. THE DIRECTORS AND OFFICERS WORK TOGETHER TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. ALSO, THE HEAD START AND EARLY HEAD START PROGRAM CONTRIBUTORS (i.e., THE U.S. DEPARTMENT OF HEALTH AND HUMAN RESOURSES AND THE U.S. DEPARTMENT OF AGRICULTURE) REQUIRE AND MONITOR THE ENFORCEMENT AND COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The entity engages the services of independent consultants to review its compensation approach and structure for all positions on an annual basis and for new positions required. The consultants compile and analyze data for positions comparable to the organization's employees, utilizing published survey resources and market analysis data from their own database, as available. As part of the process, the consultants often interview employees to obtain a more complete understanding of their positions.for the executive director, the independent consultants prepare a report summarizing their methodology, findings, and recommendations regarding compensation and review the report with the president, treasurer, and secretary of the board of directors.the compensation report is delivered for review, discussion, and final approval to all board members. Documentation of the board members' discussion and the decision regarding the compensation of the executive director is captured, maintained and communicated to the treasurer and secretary.the report also provides the recommendations for key employees for the board's review, discussion, and recommendations with the executive director, treasurer, and secretary. Documentation of the discussion and decision regarding the compensation of key employees is captured and maintained.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The corporate documents, policies, and financial statements of the organization are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Fundacion Para El Desarrollo Del Hogar
EIN
66-0484507
Phone
7877438687
Address
PO BOX 8425, CAGUAS, PR 00726

Signing Officer

Name
Maria Del Pilar Seijo
Title
President
Signed
2018-06-14
Discuss with paid preparer
Yes

Organization Details

Formed
1992
Legal Domicile
Pr
Voting Board Members
13
Independent Board Members
13
Employees
568
Volunteers
1,680

Preparer

Firm
Carrion Sanchez LLC
Address
400 Rafael Lamar St Urb Ext Rooseve, San Juan, PR 00918
Preparer
Ursula Carrion Nevarez
Phone
7877927972
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: pass through department of education - child and adult care food programthe organization is a pass through grantee for the child and adult care food program of the puerto rico department of education. The entity received funds to provide nutritious meals and snacks to 1,609 infants, children, and pregnant women, as a regular part of its head start and early head start services. Other program services 5: direct program - child and adult care food program u.s. Department of agriculturethe foundation is a grantee of the child and adult care food program (cacfp) of the u.s. Department of agriculture. The organization received funds to provide nutritious meals and snacks to 1,609 infants, children, and pregnant women, as a regular part of its head start and early head start services. Other program services 6: voca programdirect program - u.s. Department of justicepass through puerto rico's department of justiceprovides direct assistance to victims of crime, domestic violence, child abuse, sexual abuse, mistreatment of the elderly, victims of robbery or aggravated assault, attempted murder, adults who were mistreated as children and victims of intoxicated drivers. These funds are used to provide services that respond to the physical or emotional needs of the victims, help during the judicial process and for security and protection measures.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
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IRS990/Form990PartVIISectionAGrp/PersonNm6JENNY ORTEGA DIAZ
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IRS990/Form990PartVIISectionAGrp/PersonNm8EDGARDO DIAZ
IRS990/Form990PartVIISectionAGrp/PersonNm9WILMADY PAGAN ROSA
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IRS990/Form990PartVIISectionAGrp/PersonNm11NELSON MORALES
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IRS990/Form990PartVIISectionAGrp/PersonNm13CARMEN VILLARINI GARCIA
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13111550
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director HS/EHS
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
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IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
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IRS990/GovernmentGrantsAmt020318483
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/InsuranceGrp/ProgramServicesAmt0103217
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IRS990/LegalDomicileStateCd0PR
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0TO PROVIDE COMPREHENSIVE HEALTH, EDUCATIONAL, NUTRITIONAL, SOCIAL AND OTHER DEVELOPMENTAL SERVICES TO ECONOMICALLY DISADVANTAGED FAMILIES, INCLUDING INFANTS AND PRESCHOOL CHILDREN. PARENTS RECEIVE SOCIAL SERVICES AND PARTICIPATE IN VARIOUS DECISION-MAKING PROCESSES RELATED TO THE OPERATION OF THE PROGRAM.
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IRS990/OccupancyGrp/ProgramServicesAmt01457113
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IRS990/OfficeExpensesGrp/ProgramServicesAmt019264
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IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt0638783
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0331044
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IRS990/PayrollTaxesGrp/ProgramServicesAmt01076263
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0HEAD START AND EARLY HEAD START PROGRAMS - PASS THROUGH PROGRAMS OF THE PUERTO RICO ADMINISTRATION OF CHILDREN AND FAMILIESTHE FOUNDATION PARTICIPATES OF THE HEAD START AND EARLY HEAD START PROGRAMS OF THE ADMINISTRATION OF CHILDREN AND FAMILIES OF THE COMMONWEALTH OF PUERTO RICO. THE ENTITY RECEIVED GRANTS TO PROMOTE THE SCHOOL READINESS OF LOW-INCOME CHILDREN (0 TO 2.11 AND 3 TO 4 YEARS OF AGE) AND PREGNANT WOMEN BY ENHANCING THEIR COGNITIVE, SOCIAL, AND EMOTIONAL DEVELOPMENT. THE ORGANIZATION PROVIDES CARE SERVICES TO 388 CHILDREN AND PREGNANT WOMEN.
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IRS990/ProgSrvcAccomActy3Grp/Desc0HEAD START PROGRAM - DIRECT FEDERAL GRANTEETHE FOUNDATION IS A DIRECT FEDERAL GRANTEE OF HEAD START PROGRAM FROM THE ADMINISTRATION OF CHILDREN OF U.S. HEALTH AND HUMAN SERVICES.THE ENTITY RECEIVED GRANTS TO PROMOTE THE SCHOOL READINESS OF LOW-INCOME CHILDREN (3-4 YEARS OF AGE) BY ENHANCING THEIR COGNITIVE, SOCIAL, AND EMOTIONAL DEVELOPMENT.THE ORGANIZATION PROVIDES CARE SERVICES TO 626 CHILDREN.
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleD/ExpensesSubtotalAmt023047739
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01203210
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0691347
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01894557

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$28.7$21.6$7.15$28.5$24.4$4.08
2023Detailed filing. Detailed filing data is available for this year.$20.7$17.6$3.07$27.7$27.3$0.33
2022Detailed filing. Detailed filing data is available for this year.$19.6$16.9$2.69$28.7$27.9$0.84
2021Detailed filing. Detailed filing data is available for this year.$24.1$22.0$2.15$27.2$26.6$0.61
2020Detailed filing. Detailed filing data is available for this year.$22.1$20.5$1.60$24.8$25.0$0.17
2019Detailed filing. Detailed filing data is available for this year.$10.7$8.92$1.77$20.9$20.7$0.16
2018Detailed filing. Detailed filing data is available for this year.$3.34$1.75$1.59$20.2$20.4$0.18
2017Detailed filing. Detailed filing data is available for this year.$2.34$0.57$1.77$23.7$23.0$0.70
2016Detailed filing. Detailed filing data is available for this year.$6.27$5.20$1.07$22.2$21.6$0.61
2015Summary only. Only limited summary data is available for this year.$1.32$1.04$0.28$20.8$20.4$0.38
2014Summary only. Only limited summary data is available for this year.$0.99$0.71$0.28$19.1$19.1$0.01
2013Summary only. Only limited summary data is available for this year.$0.95$0.66$0.29$20.2$20.2$0.03
2012Summary only. Only limited summary data is available for this year.$2.48$2.29$0.19$19.0$19.0$0.01
2011Summary only. Only limited summary data is available for this year.$1.23$1.00$0.23$16.5$16.6$0.01