Civic Intelligence

Project Heart Inc

990 • Fiscal year 2023 • EIN 73-1199063

Jul 01, 2022 to Jun 30, 2023 • Filed on Dec 08, 2023

830 W FordShawnee, OK 74801

(405) 214-1972

Siviq Scores

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

Liabilities / Assets

38th percentile

0.02x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

29th percentile

0.02x

Higher debt load relative to revenue than 29% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

62nd percentile

11%

Higher net margin than 62% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

95th percentile

$303,634

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

69th percentile

14%

Faster asset growth than 69% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

72nd percentile

26%

Faster revenue growth than 72% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,787,713

Up $338,964 (+14%) from 2022

Net Assets

Up

$2,722,749

Up $444,826 (+20%) from 2022

Liabilities

Down

$64,964

Down $105,862 (-62%) from 2022

Revenue

Up

$4,217,789

Up $871,180 (+26%) from 2022

Expenses

Up

$3,772,963

Up $462,625 (+14%) from 2022

Net Income

Up

$444,826

Up $408,555 (+1126%) from 2022

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: $1,437,783Liabilities 2011: $42,804Net Assets 2011: $1,394,9792011Assets 2012: $1,450,109Liabilities 2012: $50,563Net Assets 2012: $1,399,5462012Assets 2013: $1,779,433Liabilities 2013: $5,711Net Assets 2013: $1,773,7222013Assets 2014: $2,227,973Liabilities 2014: $21,749Net Assets 2014: $2,206,2242014Assets 2015: $2,338,107Liabilities 2015: $15,231Net Assets 2015: $2,322,8762015Assets 2016: $2,344,979Liabilities 2016: $59,374Net Assets 2016: $2,285,6052016Assets 2017: $2,428,152Liabilities 2017: $45,295Net Assets 2017: $2,382,8572017Assets 2018: $2,662,462Liabilities 2018: $564,010Net Assets 2018: $2,098,4522018Assets 2019: $2,010,240Liabilities 2019: $45,676Net Assets 2019: $1,964,5642019Assets 2020: $2,111,674Liabilities 2020: $279,465Net Assets 2020: $1,832,2092020Assets 2021: $2,299,467Liabilities 2021: $57,815Net Assets 2021: $2,241,6522021Assets 2022: $2,448,749Liabilities 2022: $170,826Net Assets 2022: $2,277,9232022Assets 2023: $2,787,713Liabilities 2023: $64,964Net Assets 2023: $2,722,7492023Assets 2024: $3,477,591Liabilities 2024: $73,941Net Assets 2024: $3,403,6502024Assets 2025: $3,990,121Liabilities 2025: $78,799Net Assets 2025: $3,911,3222025

Highlighted filing

2023

Assets$2,787,713
Liabilities$64,964
Net Assets$2,722,749

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,475,058Expenses 2011: $2,289,198Net Income 2011: $185,8602011Revenue 2012: $2,519,529Expenses 2012: $2,514,962Net Income 2012: $4,5672012Revenue 2013: $4,153,906Expenses 2013: $3,805,201Net Income 2013: $348,7052013Revenue 2014: $4,602,853Expenses 2014: $4,171,084Net Income 2014: $431,7692014Revenue 2015: $4,240,519Expenses 2015: $4,123,867Net Income 2015: $116,6522015Revenue 2016: $4,253,466Expenses 2016: $4,290,737Net Income 2016: -$37,2712016Revenue 2017: $4,346,428Expenses 2017: $4,249,176Net Income 2017: $97,2522017Revenue 2018: $4,056,041Expenses 2018: $4,340,446Net Income 2018: -$284,4052018Revenue 2019: $3,546,207Expenses 2019: $3,680,095Net Income 2019: -$133,8882019Revenue 2020: $3,917,445Expenses 2020: $4,049,800Net Income 2020: -$132,3552020Revenue 2021: $4,114,002Expenses 2021: $3,704,559Net Income 2021: $409,4432021Revenue 2022: $3,346,609Expenses 2022: $3,310,338Net Income 2022: $36,2712022Revenue 2023: $4,217,789Expenses 2023: $3,772,963Net Income 2023: $444,8262023Revenue 2024: $4,806,745Expenses 2024: $4,125,844Net Income 2024: $680,9012024Revenue 2025: $4,790,658Expenses 2025: $4,282,986Net Income 2025: $507,6722025

Highlighted filing

2023

Revenue$4,217,789
Expenses$3,772,963
Net Income$444,826
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Dec 8, 2023
Return Version
2022v5.0
Gross Receipts
$4,217,789
Mission and Program Overview

Mission

To represent elderly persons in lincoln, oklahoma, pawnee, payne and pottawatomie counties and to sponsor nutrition and supporting service programs established within those counties.

To represent elderly persons in Lincoln, Oklahoma, Pawnee, Payne and Pottawatomie counties, and to sponsor nutrition and supporting service programs established within those counties

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,356,932$1,641,143▲ $284,211
Land, Buildings, and Equipment, Net$457,658$581,548▲ $123,890
Inventories for Sale or Use$254,232$282,068▲ $27,836
Accounts Receivable$101,868$212,965▲ $111,097
Pledges and Grants Receivable$264,138$52,776▼ $211,362
Prepaid Expenses and Deferred Charges$13,921$17,213▲ $3,292
Total Assets$2,448,749$2,787,713▲ $338,964
Liabilities
Accounts Payable and Accrued Expenses$170,826$64,964▼ $105,862
Total Liabilities$170,826$64,964▼ $105,862
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,274,461$2,719,651▲ $445,190
Net Assets With Donor Restrictions$3,462$3,098▼ $364
Total Net Assets Fund Balance$2,277,923$2,722,749▲ $444,826
Total Liabilities and Net Assets / Fund Balance$2,448,749$2,787,713▲ $338,964

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$172,356$780,354$880,097
Buildings$409,192$302,683$711,875
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bob Guinnpresident
Jim Arthurvice president
Bill Haselwooddirector
Buck Daydirector
Carl Munsondirector
Chris Redingdirector
Curt Mullindirector
Jerry Skidgeldirector
Ricky Taylordirector
Gaynell Andersonex-officio director
Mary C Hardenexecutive director
Melissa Dennissecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,036,675
Program Service Revenue
$3,122,785
Investment Income
$40,527
Other Revenue
$17,802
All Other Contributions
$106,368
Change in Net Assets
$444,826
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,435,619
Salaries, Compensation, and Employee Benefits$1,337,344
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$892,696$297,565-$1,190,261
Other Expenses$67,287$22,430-$89,717
Payroll Taxes$60,310$20,104-$80,414
Other Employee Benefits$50,002$16,667-$66,669
Occupancy$45,625$15,209-$60,834
Depreciation Depletion$33,936$15,064-$49,000
Insurance$36,333$12,111-$48,444
Office Expenses$32,396$10,800-$43,196
Fees for Services Accounting-$22,374-$22,374
Travel$15,182$5,061-$20,243
Conferences and Meetings$13,463$4,488-$17,951
All Other Expenses-$12,059-$12,059
Total Functional Expenses$3,319,031$453,932$0$3,772,963
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
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
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

990 is reviewed by the executive director and accountant

Form 990, Part VI, Section B, Line 15A

Executive director compensation is set by the board of directors

Form 990, Part VI, Section C, Line 19

Governing documents, operating policies, and financial statements are available to the public upon request at the administrative office

Filing and Contact Details

Filer

Filer Name
Project HEART Inc
EIN
73-1199063
Phone
4052141972
Address
830 W Ford, Shawnee, OK 74801

Signing Officer

Name
Bob Guinn
Title
board chairman
Phone
4052141972
Signed
2023-12-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bob Guinn
Formed
1983
Legal Domicile
Ok
Voting Board Members
11
Independent Board Members
11
Employees
91

Preparer

Firm
Becky Fleming CPA Inc
Address
7920 108th Ave NE, Norman, OK 73026
Preparer
Becky Fleming
Phone
4056415794
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2B

The auditor has been hired but the audit has not been started

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IRS990/OtherExpensesGrp/ProgramServicesAmt11963103
IRS990/OtherExpensesGrp/ProgramServicesAmt284828
IRS990/OtherExpensesGrp/ProgramServicesAmt367287
IRS990/OtherExpensesGrp/TotalAmt023870
IRS990/OtherExpensesGrp/TotalAmt11963103
IRS990/OtherExpensesGrp/TotalAmt284828
IRS990/OtherExpensesGrp/TotalAmt389717
IRS990/OtherRevenueMiscGrp/Desc0Gain on disposal of capital assets
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt016818
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016818
IRS990/OtherRevenueTotalAmt017802
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0297565
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0892696
IRS990/OtherSalariesAndWagesGrp/TotalAmt01190261
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020104
IRS990/PayrollTaxesGrp/ProgramServicesAmt060310
IRS990/PayrollTaxesGrp/TotalAmt080414
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0264138
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt052776
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013921
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017213
IRS990/PrincipalOfficerNm0Bob Guinn
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624200
IRS990/ProgramServiceRevenueGrp/Desc0contract meals
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03122785
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03122785
IRS990/ProgSrvcAccomActy2Grp/Desc0Advantage Nutrition Program - 510,571 meals based on 30,020, medicaid claims
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02267733
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01151585
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt09898
IRS990/PYInvestmentIncomeAmt0846
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02067176
IRS990/PYOtherRevenueAmt06881
IRS990/PYProgramServiceRevenueAmt02187297
IRS990/PYRevenuesLessExpensesAmt036271
IRS990/PYSalariesCompEmpBnftPaidAmt01233264
IRS990/PYTotalExpensesAmt03310338
IRS990/PYTotalRevenueAmt03346609
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0444826
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01356932
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01641143
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01036675
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01151585
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01413849
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01338880
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01062970
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06003959
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt040527
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0846
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0262
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05609
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012437
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt059681
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt012715820
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0984
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt013
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0213018
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03906
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0217921
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95580
IRS990ScheduleA/PublicSupportPY170Pct00.96160
IRS990ScheduleA/PublicSupportTotal170Amt06003959
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01036675
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01151585
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01413849
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01338880
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01062970
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06003959
IRS990ScheduleA/TotalSupportAmt06281561
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/BuildingsGrp/BookValueAmt0409192
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0302683
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0711875
IRS990ScheduleD/EquipmentGrp/BookValueAmt0172356
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0780354
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0880097
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0581548
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Mary C Harden
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0executive director
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 is reviewed by the executive director and accountant
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Executive director compensation is set by the board of directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents, operating policies, and financial statements are available to the public upon request at the administrative office
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The auditor has been hired but the audit has not been started
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XII, Line 2b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02448749
IRS990/TotalAssetsEOYAmt02787713
IRS990/TotalAssetsGrp/BOYAmt02448749
IRS990/TotalAssetsGrp/EOYAmt02787713
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt01036675
IRS990/TotalEmployeeCnt091
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0453932

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.99$0.08$3.91$4.79$4.28$0.51
2024Detailed filing. Detailed filing data is available for this year.$3.48$0.07$3.40$4.81$4.13$0.68
2023Detailed filing. Detailed filing data is available for this year.$2.79$0.06$2.72$4.22$3.77$0.44
2022Detailed filing. Detailed filing data is available for this year.$2.45$0.17$2.28$3.35$3.31$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.30$0.06$2.24$4.11$3.70$0.41
2020Detailed filing. Detailed filing data is available for this year.$2.11$0.28$1.83$3.92$4.05$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.01$0.05$1.96$3.55$3.68$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.66$0.56$2.10$4.06$4.34$0.28
2017Detailed filing. Detailed filing data is available for this year.$2.43$0.05$2.38$4.35$4.25$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.34$0.06$2.29$4.25$4.29$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.34$0.02$2.32$4.24$4.12$0.12
2014Detailed filing. Detailed filing data is available for this year.$2.23$0.02$2.21$4.60$4.17$0.43
2013Summary only. Only limited summary data is available for this year.$1.78$0.01$1.77$4.15$3.81$0.35
2012Summary only. Only limited summary data is available for this year.$1.45$0.05$1.40$2.52$2.51$0.00
2011Summary only. Only limited summary data is available for this year.$1.44$0.04$1.39$2.48$2.29$0.19