Civic Intelligence

Western States Trail Endowment Fund

990 • Fiscal year 2016 • EIN 68-0470208

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

150A Gum LaneAuburn, CA 95603

(916) 782-6575

Siviq Scores

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

Liabilities / Assets

30th percentile

0.00x

Higher debt load relative to assets than 30% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

49th percentile

0.04x

Higher debt load relative to revenue than 49% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

95th percentile

66%

Higher net margin than 95% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

65th percentile

7.8%

Faster asset growth than 65% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

15th percentile

-22%

Faster revenue growth than 15% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$700,901

Up $50,716 (+7.8%) from 2015

Net Assets

Up

$699,340

Up $53,549 (+8.3%) from 2015

Liabilities

Down

$1,561

Down $2,833 (-64%) from 2015

Revenue

Down

$44,199

Down $12,682 (-22%) from 2015

Expenses

Down

$14,937

Down $262,406 (-95%) from 2015

Net Income

Up

$29,262

Up $249,724 (+113%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $488,323Net Assets 2010: $488,3232010Assets 2011: $515,017Liabilities 2011: $0Net Assets 2011: $515,0172011Assets 2012: $640,893Liabilities 2012: $3,377Net Assets 2012: $637,5162012Assets 2013: $767,596Liabilities 2013: $1,500Net Assets 2013: $766,0962013Assets 2014: $885,541Liabilities 2014: $1,500Net Assets 2014: $884,0412014Assets 2015: $650,185Liabilities 2015: $4,394Net Assets 2015: $645,7912015Assets 2016: $700,901Liabilities 2016: $1,561Net Assets 2016: $699,3402016Assets 2017: $807,597Liabilities 2017: $1,158Net Assets 2017: $806,4392017Assets 2018: $754,624Liabilities 2018: $0Net Assets 2018: $754,6242018Assets 2019: $826,202Liabilities 2019: $0Net Assets 2019: $826,2022019Assets 2020: $880,023Liabilities 2020: $1,500Net Assets 2020: $878,5232020Assets 2021: $993,251Liabilities 2021: $1,500Net Assets 2021: $991,7512021Assets 2022: $801,630Liabilities 2022: $1,500Net Assets 2022: $800,1302022Assets 2023: $767,532Liabilities 2023: $1,500Net Assets 2023: $766,0322023

Highlighted filing

2016

Assets$700,901
Liabilities$1,561
Net Assets$699,340

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2010: $66,290Expenses 2010: $12,166Net Income 2010: $54,1242010Revenue 2011: $46,301Expenses 2011: $28,057Net Income 2011: $18,2442011Expenses 2012: $33,4862012Revenue 2013: $159,751Expenses 2013: $16,946Net Income 2013: $142,8052013Revenue 2014: $158,085Expenses 2014: $31,893Net Income 2014: $126,1922014Revenue 2015: $56,881Expenses 2015: $277,343Net Income 2015: -$220,4622015Revenue 2016: $44,199Expenses 2016: $14,937Net Income 2016: $29,2622016Revenue 2017: $154,288Expenses 2017: $51,899Net Income 2017: $102,3892017Revenue 2018: $24,627Expenses 2018: $42,018Net Income 2018: -$17,3912018Revenue 2019: $55,076Expenses 2019: $20,178Net Income 2019: $34,8982019Revenue 2020: $82,025Expenses 2020: $13,972Net Income 2020: $68,0532020Revenue 2021: $135,665Expenses 2021: $15,684Net Income 2021: $119,9812021Revenue 2022: -$37,703Expenses 2022: $89,685Net Income 2022: -$127,3882022Revenue 2023: $7,426Expenses 2023: $113,103Net Income 2023: -$105,6772023

Highlighted filing

2016

Revenue$44,199
Expenses$14,937
Net Income$29,262
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$83,700
Mission and Program Overview

Mission

The organization was created as a supporting organization for the Western States Trail Foundation. Its main purpose is to manage the endowment fund for use in the charitable purposes of the Western States Trail, such as preservation and maintenance of the historic trail.

The organization was created as a supporting organization for the Western States Trail Foundation. Its main purpose is to manage the endowment fund for use in the future charitable purposes of the Western States Trail, such as preservation and maintenance of the historic trail.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$494,466$552,666▲ $58,200
Investments Other Securities$46,205$54,175▲ $7,970
Savings and Temporary Cash Investments$9,543$22,521▲ $12,978
Cash and Non-Interest-Bearing Accounts$41,714$4,247▼ $37,467
Accounts Receivable$3,116$3,116→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$650,185$700,901▲ $50,716
Other Assets Total$55,141$64,176▲ $9,035
Liabilities
Accounts Payable and Accrued Expenses$2,894$1,561▼ $1,333
Other Liabilities$1,500--
Total Liabilities$4,394$1,561▼ $2,833
Net Assets / Fund Balance
Permanently Rstr Net Assets$452,917$491,699▲ $38,782
Unrestricted Net Assets$187,874$201,825▲ $13,951
Temporarily Rstr Net Assets$5,000$5,816▲ $816
Total Net Assets Fund Balance$645,791$699,340▲ $53,549
Total Liabilities and Net Assets / Fund Balance$650,185$700,901▲ $50,716

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$580--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$452,917$25,177▲ $13,605-$491,699
2015$478,415$5,280▼ $30,778-$452,917
2014$469,960$19,080▼ $6,405-$478,415
2013$453,310$32,367▼ $15,726-$469,960
2012$426,024$18,480▲ $8,606-$453,310
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff HertenChairman
Chuck MatherVice Chairman
Kathie PerryDirector
Robert MarxDirector
Steve HallmarkDirector
Tom ChristofkDirector
Tony BenedettiDirector
Roger YoheSecretary
Mike PickettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,857
Program Service Revenue
$0
Investment Income
$16,342
Other Revenue
$0
All Other Contributions
$27,857
Change in Net Assets
$29,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,937
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees$5,910--$5,910
Payments to Affiliates$2,253$1,500-$3,753
Fees for Services Accounting-$2,200-$2,200
Office Expenses-$67-$67
Other Expenses$59$1,290-$59
Fees for Services Other-$55-$55
All Other Expenses-$35-$35
Total Functional Expenses$9,790$5,147$0$14,937
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
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
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, Line 11B: Form 990 Review Process

Treasurer reviews the return before signing and filing

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

Available to general public upon request and on file with State.

Filing and Contact Details

Filer

Filer Name
Western States Trail Endowment Fund
EIN
68-0470208
Phone
9167826575
Address
150A Gum Lane, Auburn, CA 95603

Signing Officer

Name
Michael H Pickett
Title
Treasurer
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Suzanne H Peterson CPA
Address
12911 Erin Drive, Auburn, CA 95603
Preparer
Suzanne Peterson
Phone
5308878707
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

See Mission Statement

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt01500
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt02253
IRS990/PaymentsToAffiliatesGrp/TotalAmt03753
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0452917
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0491699
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0A new program was initiated in 2013 for preservation and improvement of land surrounding the Western States Trail recreation area. Donations were received again this year towards this mission and steps were taken to make improvements to a staging area with a memorial structure.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt059
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt046335
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt010546
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0277343
IRS990/PYRevenuesLessExpensesAmt0-220462
IRS990/PYTotalExpensesAmt0277343
IRS990/PYTotalRevenueAmt056881
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt029262
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09543
IRS990/SavingsAndTempCashInvstGrp/EOYAmt022521
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Supported organization files 990 every year on a timely basis.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1Board ensures that all funds used are by supported organization in one of its primary programs, under its exempt purpose.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section A, Line 3b: Description Of When and How Organization Made The Determination
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part IV, Section A, Line 3c: Explain What Controls The Organization Put In Place
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0680009186
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd09
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02253
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Western States Trail Foundation
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt02253
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0452917
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt025177
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0491699
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt013605
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0478415
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt05280
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0452917
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-30778
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt04220
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0469960
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt019080
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0478415
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-6405
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0453310
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt032367
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0469960
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-15726
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0426024
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt018480
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0453310
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08606
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0580
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Accrued Dividends
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0See Mission Statement
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/TotalBookValueOtherAssetsAmt064176
IRS990ScheduleD/TotalBookValueSecuritiesAmt054175
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Treasurer reviews the return before signing and filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available to general public upon request and on file with State.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt05000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt05816
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0650185
IRS990/TotalAssetsEOYAmt0700901
IRS990/TotalAssetsGrp/BOYAmt0650185
IRS990/TotalAssetsGrp/EOYAmt0700901
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt027857
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$7.68$0.02$7.66$0.07$1.13$1.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.02$0.02$8.00$0.38$0.90$1.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.93$0.02$9.92$1.36$0.16$1.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.80$0.02$8.79$0.82$0.14$0.68
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.26$0.00$8.26$0.55$0.20$0.35
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.55$0.00$7.55$0.25$0.42$0.17
2017Summary only. Only limited summary data is available for this year.$8.08$0.01$8.06$1.54$0.52$1.02
2016Detailed filing. Detailed filing data is available for this year.$7.01$0.02$6.99$0.44$0.15$0.29
2015Detailed filing. Detailed filing data is available for this year.$6.50$0.04$6.46$0.57$2.77$2.20
2014Detailed filing. Detailed filing data is available for this year.$8.86$0.02$8.84$1.58$0.32$1.26
2013Summary only. Only limited summary data is available for this year.$7.68$0.02$7.66$1.60$0.17$1.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.41$0.03$6.38$0.33
2011Summary only. Only limited summary data is available for this year.$5.15$0.00$5.15$0.46$0.28$0.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.88$4.88$0.66$0.12$0.54