Civic Intelligence

Bowman International School

990 • Fiscal year 2024 • EIN 77-0403885

Sep 01, 2023 to Aug 31, 2024 • Filed on Jan 23, 2025

4000 Terman DrivePalo Alto, CA 94306

(650) 813-9131

Siviq Scores

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

Liabilities / Assets

81st percentile

0.63x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

89th percentile

2.60x

Higher debt load relative to revenue than 89% of similar nonprofits.

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

Net Margin

42nd percentile

1.6%

Higher net margin than 42% of similar nonprofits.

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

Top Officer Pay

49th percentile

$257,668

Higher top officer pay than 49% 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

60th percentile

8.3%

Faster asset growth than 60% of similar nonprofits.

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

Revenue Growth

59th percentile

13%

Faster revenue growth than 59% of similar nonprofits.

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

Assets

Up

$49,319,318

Up $3,790,952 (+8.3%) from 2023

Net Assets

Up

$18,074,541

Up $2,181,211 (+14%) from 2023

Liabilities

Up

$31,244,777

Up $1,609,741 (+5.4%) from 2023

Revenue

Up

$11,995,743

Up $1,336,066 (+13%) from 2023

Expenses

Up

$11,806,279

Up $1,273,233 (+12%) from 2023

Net Income

Up

$189,464

Up $62,833 (+50%) from 2023

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2011: $10,409,791Liabilities 2011: $4,273,183Net Assets 2011: $6,136,6082011Assets 2012: $10,446,145Liabilities 2012: $3,981,148Net Assets 2012: $6,464,9972012Assets 2013: $10,219,766Liabilities 2013: $3,306,979Net Assets 2013: $6,912,7872013Assets 2014: $10,276,442Liabilities 2014: $3,340,130Net Assets 2014: $6,936,3122014Assets 2015: $14,560,189Liabilities 2015: $7,365,951Net Assets 2015: $7,194,2382015Assets 2016: $14,810,691Liabilities 2016: $7,250,665Net Assets 2016: $7,560,0262016Assets 2017: $22,656,761Liabilities 2017: $14,115,865Net Assets 2017: $8,540,8962017Assets 2018: $25,768,102Liabilities 2018: $15,219,441Net Assets 2018: $10,548,6612018Assets 2019: $37,170,775Liabilities 2019: $24,788,420Net Assets 2019: $12,382,3552019Assets 2020: $44,004,757Liabilities 2020: $30,886,914Net Assets 2020: $13,117,8432020Assets 2021: $44,508,295Liabilities 2021: $29,309,350Net Assets 2021: $15,198,9452021Assets 2022: $45,582,918Liabilities 2022: $29,816,219Net Assets 2022: $15,766,6992022Assets 2023: $45,528,366Liabilities 2023: $29,635,036Net Assets 2023: $15,893,3302023Assets 2024: $49,319,318Liabilities 2024: $31,244,777Net Assets 2024: $18,074,5412024Assets 2025: $60,190,919Liabilities 2025: $43,005,961Net Assets 2025: $17,184,9582025

Highlighted filing

2024

Assets$49,319,318
Liabilities$31,244,777
Net Assets$18,074,541

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,136,242Expenses 2011: $4,012,473Net Income 2011: $123,7692011Expenses 2012: $4,395,4622012Revenue 2013: $5,045,708Expenses 2013: $4,597,918Net Income 2013: $447,7902013Revenue 2014: $5,171,739Expenses 2014: $5,148,214Net Income 2014: $23,5252014Revenue 2015: $5,782,666Expenses 2015: $5,457,700Net Income 2015: $324,9662015Revenue 2016: $6,551,209Expenses 2016: $6,185,421Net Income 2016: $365,7882016Revenue 2017: $7,427,872Expenses 2017: $6,447,002Net Income 2017: $980,8702017Revenue 2018: $9,280,621Expenses 2018: $7,272,856Net Income 2018: $2,007,7652018Revenue 2019: $9,267,726Expenses 2019: $7,434,032Net Income 2019: $1,833,6942019Revenue 2020: $9,927,040Expenses 2020: $9,191,552Net Income 2020: $735,4882020Revenue 2021: $10,922,041Expenses 2021: $8,840,939Net Income 2021: $2,081,1022021Revenue 2022: $10,438,699Expenses 2022: $9,870,945Net Income 2022: $567,7542022Revenue 2023: $10,659,677Expenses 2023: $10,533,046Net Income 2023: $126,6312023Revenue 2024: $11,995,743Expenses 2024: $11,806,279Net Income 2024: $189,4642024Revenue 2025: $12,862,095Expenses 2025: $13,273,592Net Income 2025: -$411,4972025

Highlighted filing

2024

Revenue$11,995,743
Expenses$11,806,279
Net Income$189,464
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jan 23, 2025
Return Version
2023v6.0
Gross Receipts
$12,008,682
Mission and Program Overview

Mission

To operate a school providing the general public a tuition-based educational program for students from preschool through twelfth grade based upon, but not limited to, an international and montessori curriculum.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$38,265,406$37,217,362▼ $1,048,044
Savings and Temporary Cash Investments$6,891,310$7,681,175▲ $789,865
Prepaid Expenses and Deferred Charges$295,836$471,322▲ $175,486
Accounts Receivable$5,832$6,621▲ $789
Cash and Non-Interest-Bearing Accounts-$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-
Total Assets$45,528,366$49,319,318▲ $3,790,952
Other Assets Total$69,982$3,942,838▲ $3,872,856
Liabilities
Mortgage Notes Payable Secured by Investment Property$26,648,325$25,983,412▼ $664,913
Deferred Revenue$2,547,683$2,866,254▲ $318,571
Other Liabilities$18,000$1,457,029▲ $1,439,029
Accounts Payable and Accrued Expenses$421,028$938,082▲ $517,054
Total Liabilities$29,635,036$31,244,777▲ $1,609,741
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,863,238$18,040,235▲ $2,176,997
Net Assets With Donor Restrictions$30,092$34,306▲ $4,214
Total Net Assets Fund Balance$15,893,330$18,074,541▲ $2,181,211
Total Liabilities and Net Assets / Fund Balance$45,528,366$49,319,318▲ $3,790,952

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$22,320,391$6,992,024$29,312,415
Land$12,076,732-$12,076,732
Leasehold Improvements$2,079,836$554,499$2,634,335
Equipment$633,916$766,837$1,400,753
Other Land Buildings$106,487$403,396$509,883
Other Assets Org$1,353,707--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary E RicksPresidentFT$250,163$7,505$257,668
Nancy CozaTeacherFT$108,606$3,258$111,864
Erin KnightDirector Childn HouseFT$107,932$3,238$111,170
Hamilton BynoeTeacherFT$107,885$3,237$111,122
Amy PeisachSecondary Lvl LeadFT$102,101$3,063$105,164
Dominic PedrazaEnrichmt Lvl LeadFT$101,707$3,051$104,758

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Jason Kambic Dba The Color CraftsmanRepairs And Maintenance24 SOUTH IDAHO ST, San Mateo, CA 94401$129,065
Revenue and Support

Revenue Composition

Contributions and Grants
$598,680
Program Service Revenue
$11,357,975
Investment Income
$-362
Other Revenue
$39,450
All Other Contributions
$598,680
Change in Net Assets
$189,464

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,995,743
Revenue Not Reported on Form 990
$-1,002,142
Total Revenue per Audited Statements
$10,993,601
Total Revenue per Form 990
$11,995,743
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,493,463
Other Expenses$4,312,816
Total Fundraising Expense$208,351
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,274,563$325,717$121,670$5,721,950
Depreciation Depletion$1,035,587$115,065-$1,150,652
Other Employee Benefits$838,558$57,720$18,617$914,895
Interest$800,515$88,946-$889,461
All Other Expenses$491,122$35,762$12,075$538,959
Payroll Taxes$412,922$28,423$9,166$450,511
Current Officers, Directors, Trustees, and Key Employees$206,134$51,534-$257,668
Other Expenses$175,061$19,451-$194,512
Pension Plan Contributions$136,054$9,365$3,020$148,439
Occupancy$128,411$14,268-$142,679
Insurance$108,274$12,030-$120,304
Fees for Services Other$79,633$35,646-$115,279
Office Expenses$70,262$7,807$12,151$90,220
Advertising--$31,652$31,652
Fees for Services Legal$21,451$9,602-$31,053
Fees for Services Accounting$16,645$7,451-$24,096
Payment Travel Entrtnmnt Publicly Ofcl$19,231$2,137-$21,368
Total Functional Expenses$10,746,556$851,372$208,351$11,806,279

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,806,279
Total Expenses per Audited Statements$11,806,279
Total Expenses per Form 990$11,806,279
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liablity$1,452,029
Enrollment Deposits$5,000
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Head of school, consulting cfo review before filing; board review after filing

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

Officers & trustees disclose and update any potential or actual conflict of interest when it occurs. All voting members of governing body are covered under the policy. A person with a conflict is subject to any restriction upon decisions by governing body.

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

Board of Trustees reviews the performance of Head of School and other key employees; determines compensation on annual basis.Board of Trustees approves Head of School compensation and authorizes key employee hire and compensation as applicable.

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

See above.

Form 990, Part VI, Section C, Line 19

All governing documents are available upon request from the Head of School.

Filing and Contact Details

Filer

Filer Name
Bowman School
EIN
77-0403885
Phone
6508139131
Address
4000 TERMAN DRIVE, PALO ALTO, CA 94306

Signing Officer

Name
Mary E Ricks
Title
President
Signed
2025-01-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary E Ricks
Formed
1995
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
81
Volunteers
3

Preparer

Firm
Hutchinson and Bloodgood LLP
Address
579 Auto Center Drive, Watsonville, CA 95076
Preparer
Kimbra Said CPA
Phone
8317242441
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIR. CHILDN HOUSE
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IRS990/Form990PartVIISectionAGrp/TitleTxt4SECONDARY LVL LEAD
IRS990/Form990PartVIISectionAGrp/TitleTxt5ENRICHMT LVL LEAD
IRS990/Form990PartVIISectionAGrp/TitleTxt6Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt11Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18CO-CHAIR
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IRS990/FormationYr01995
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IRS990/GamingActivitiesInd0false
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IRS990/GrantsToOrganizationsInd0false
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IRS990/GrossReceiptsAmt012008682
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IRS990/IncludeFIN48FootnoteInd0true
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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt012030
IRS990/InsuranceGrp/ProgramServicesAmt0108274
IRS990/InsuranceGrp/TotalAmt0120304
IRS990/IntangibleAssetsGrp/EOYAmt00
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IRS990/InterestGrp/ProgramServicesAmt0800515
IRS990/InterestGrp/TotalAmt0889461
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt033
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt033
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt020
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IRS990/LandBldgEquipAccumDeprecAmt08716756
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt012939
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MissionDesc0TO OPERATE A SCHOOL PROVIDING THE GENERAL PUBLIC A TUITION-BASED EDUCATIONAL PROGRAM FOR STUDENTS FROM PRESCHOOL THROUGH TWELFTH GRADE BASED UPON, BUT NOT LIMITED TO, AN INTERNATIONAL AND MONTESSORI CURRICULUM.
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt025983412
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/NoncashContributionsAmt012939
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IRS990/OfficeExpensesGrp/FundraisingAmt012151
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07807
IRS990/OfficeExpensesGrp/ProgramServicesAmt070262
IRS990/OfficeExpensesGrp/TotalAmt090220
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt03942838
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt018617
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt057720
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0838558
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0914895
IRS990/OtherExpensesGrp/Desc0FIELD TRIPS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc3JANITORIAL
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt119451
IRS990/OtherExpensesGrp/ProgramServicesAmt0377527
IRS990/OtherExpensesGrp/ProgramServicesAmt1274034
IRS990/OtherExpensesGrp/ProgramServicesAmt2280572
IRS990/OtherExpensesGrp/ProgramServicesAmt3175061
IRS990/OtherExpensesGrp/TotalAmt0377527
IRS990/OtherExpensesGrp/TotalAmt1304482
IRS990/OtherExpensesGrp/TotalAmt2280572
IRS990/OtherExpensesGrp/TotalAmt3194512
IRS990/OtherLiabilitiesGrp/BOYAmt018000
IRS990/OtherLiabilitiesGrp/EOYAmt01457029
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
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IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt139375
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt139375
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0121670
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0325717
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05274563
IRS990/OtherSalariesAndWagesGrp/TotalAmt05721950
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
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IRS990/PayrollTaxesGrp/FundraisingAmt09166
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt028423
IRS990/PayrollTaxesGrp/ProgramServicesAmt0412922
IRS990/PayrollTaxesGrp/TotalAmt0450511
IRS990/PensionPlanContributionsGrp/FundraisingAmt03020
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt09365
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0136054
IRS990/PensionPlanContributionsGrp/TotalAmt0148439
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0295836
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0471322
IRS990/PrincipalOfficerNm0MARY E RICKS
IRS990/PriorPeriodAdjustmentsAmt02993889
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ENROLLMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2TUITION INCOME

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$60.2$43.0$17.2$12.9$13.3$0.41
2024Detailed filing. Detailed filing data is available for this year.$49.3$31.2$18.1$12.0$11.8$0.19
2023Detailed filing. Detailed filing data is available for this year.$45.5$29.6$15.9$10.7$10.5$0.13
2022Detailed filing. Detailed filing data is available for this year.$45.6$29.8$15.8$10.4$9.87$0.57
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.5$29.3$15.2$10.9$8.84$2.08
2020Detailed filing. Detailed filing data is available for this year.$44.0$30.9$13.1$9.93$9.19$0.74
2019Detailed filing. Detailed filing data is available for this year.$37.2$24.8$12.4$9.27$7.43$1.83
2018Detailed filing. Detailed filing data is available for this year.$25.8$15.2$10.5$9.28$7.27$2.01
2017Detailed filing. Detailed filing data is available for this year.$22.7$14.1$8.54$7.43$6.45$0.98
2016Detailed filing. Detailed filing data is available for this year.$14.8$7.25$7.56$6.55$6.19$0.37
2015Detailed filing. Detailed filing data is available for this year.$14.6$7.37$7.19$5.78$5.46$0.32
2014Detailed filing. Detailed filing data is available for this year.$10.3$3.34$6.94$5.17$5.15$0.02
2013Summary only. Only limited summary data is available for this year.$10.2$3.31$6.91$5.05$4.60$0.45
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$3.98$6.46$4.40
2011Summary only. Only limited summary data is available for this year.$10.4$4.27$6.14$4.14$4.01$0.12