Civic Intelligence

Advanced Energy Economy 4

990 • Fiscal year 2019 • EIN 80-0373809

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 18, 2020

1000 Vermont Avenue NW No 3 FLWashington, DC 20005

(202) 380-1950

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.83x

Higher debt load relative to assets than 93% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

2.97x

Higher debt load relative to revenue than 95% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Net Margin

1st percentile

-211%

Higher net margin than 1% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

80th percentile

$16,950

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Asset Growth

90th percentile

32%

Faster asset growth than 90% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

3rd percentile

-59%

Faster revenue growth than 3% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$573,960

Up $138,818 (+32%) from 2018

Net Assets

Down

$96,107

Down $339,035 (-78%) from 2018

Liabilities

Up

$477,853

Up $477,853 from 2018

Revenue

Down

$161,028

Down $230,262 (-59%) from 2018

Expenses

Up

$500,063

Up $388,633 (+349%) from 2018

Net Income

Down

-$339,035

Down $618,895 (-221%) from 2018

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 2010: $250,581Liabilities 2010: $117,453Net Assets 2010: $133,1282010Assets 2011: $17,809Liabilities 2011: $11,115Net Assets 2011: $6,6942011Assets 2012: $21,919Liabilities 2012: $27,1092012Assets 2013: $300,333Liabilities 2013: $32,292Net Assets 2013: $268,0412013Assets 2014: $300,663Liabilities 2014: $63,066Net Assets 2014: $237,5972014Assets 2015: $299,976Liabilities 2015: $90,579Net Assets 2015: $209,3972015Assets 2016: $207,485Liabilities 2016: $20,330Net Assets 2016: $187,1552016Assets 2017: $208,799Liabilities 2017: $53,517Net Assets 2017: $155,2822017Assets 2018: $435,142Liabilities 2018: $0Net Assets 2018: $435,1422018Assets 2019: $573,960Liabilities 2019: $477,853Net Assets 2019: $96,1072019Assets 2020: $1,150,095Liabilities 2020: $67,876Net Assets 2020: $1,082,2192020Assets 2021: $1,693,834Liabilities 2021: $258,846Net Assets 2021: $1,434,9882021Assets 2022: $3,127,590Liabilities 2022: $104,977Net Assets 2022: $3,022,6132022Assets 2023: $2,789,749Liabilities 2023: $1,625,465Net Assets 2023: $1,164,2842023Assets 2024: $2,707,547Liabilities 2024: $377,694Net Assets 2024: $2,329,8532024

Highlighted filing

2019

Assets$573,960
Liabilities$477,853
Net Assets$96,107

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2010: $1,689,784Expenses 2010: $1,906,147Net Income 2010: -$216,3632010Revenue 2011: $322,339Expenses 2011: $448,773Net Income 2011: -$126,4342011Revenue 2012: $5,002Expenses 2012: $16,886Net Income 2012: -$11,8842012Revenue 2013: $7,500,011Expenses 2013: $7,226,780Net Income 2013: $273,2312013Revenue 2014: $4,000,059Expenses 2014: $4,030,503Net Income 2014: -$30,4442014Revenue 2015: $3,000,068Expenses 2015: $3,028,268Net Income 2015: -$28,2002015Revenue 2016: $2,000,037Expenses 2016: $2,022,279Net Income 2016: -$22,2422016Revenue 2017: $19Expenses 2017: $31,892Net Income 2017: -$31,8732017Revenue 2018: $391,290Expenses 2018: $111,430Net Income 2018: $279,8602018Revenue 2019: $161,028Expenses 2019: $500,063Net Income 2019: -$339,0352019Revenue 2020: $1,835,433Expenses 2020: $849,321Net Income 2020: $986,1122020Revenue 2021: $2,429,703Expenses 2021: $2,076,934Net Income 2021: $352,7692021Revenue 2022: $2,645,788Expenses 2022: $1,058,163Net Income 2022: $1,587,6252022Revenue 2023: $2,453,839Expenses 2023: $4,312,168Net Income 2023: -$1,858,3292023Revenue 2024: $4,715,170Expenses 2024: $3,549,601Net Income 2024: $1,165,5692024

Highlighted filing

2019

Revenue$161,028
Expenses$500,063
Net Income-$339,035
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 18, 2020
Return Version
2019v5.1
Gross Receipts
$161,028
Mission and Program Overview

Mission

The mission of advanced energy works is to support public policies that enable widespread public participation in the benefits of advanced energy

To support public policies that enable widespread public participation in the benefits of advanced energy

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$307,814$573,685▲ $265,871
Pledges and Grants Receivable$290,000$0▼ $290,000
Prepaid Expenses and Deferred Charges$243$275▲ $32
Total Assets$598,057$573,960▼ $24,097
Liabilities
Other Liabilities$162,915$464,385▲ $301,470
Accounts Payable and Accrued Expenses-$13,468-
Total Liabilities$162,915$477,853▲ $314,938
Net Assets / Fund Balance
Net Assets With Donor Restrictions$315,000$0▼ $315,000
Net Assets Without Donor Restrictions$120,142$96,107▼ $24,035
Total Net Assets Fund Balance$435,142$96,107▼ $339,035
Total Liabilities and Net Assets / Fund Balance$598,057$573,960▼ $24,097
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
HEATHER O'NEILLPresident$15,030$1,920$16,950
Allison IngramTreasurer (as of 2/19)$8,726$1,507$10,233
Elizabeth GilchristTreasurer (thru 1/19)$2,535$229$2,764

Board Members and Trustees

NameTitle
Vivek MohtaChair
Frank DerosaDirector
Gary HighDirector
Gia SchneiderDirector
Steve ChadimaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$160,750
Program Service Revenue
$0
Investment Income
$278
Other Revenue
$0
All Other Contributions
$160,750
Change in Net Assets
$-339,035

Audited Revenue Reconciliation

Revenue per Audited Statements
$161,028
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$39,143
Total Revenue per Audited Statements
$200,171
Total Revenue per Form 990
$161,028
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$332,675
Salaries, Compensation, and Employee Benefits$122,388
Grants and Similar Amounts Paid$45,000
Total Fundraising Expense$5,966
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$203,575$444$50$204,069
Other Salaries and Wages$78,288$4,596$3,679$86,563
Advertising$70,431--$70,431
Grants to Domestic Orgs$45,000--$45,000
Current Officers, Directors, Trustees, and Key Employees$26,991$1,926$1,302$30,219
Office Expenses$18,215$1,261$106$19,582
Fees for Services Legal$10,000--$10,000
Travel$8,803--$8,803
Occupancy$4,650$2,107$238$6,995
Other Employee Benefits-$2,407$226$2,633
Payroll Taxes-$1,931$226$2,157
Fees for Services Accounting-$1,748-$1,748
Insurance-$1,512-$1,512
Information Technology$36$789$59$884
Pension Plan Contributions-$736$80$816
Conferences and Meetings$805--$805
Other Expenses$300$131-$431
Total Functional Expenses$474,509$19,588$5,966$500,063

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$539,206
Expenses per Audited Statements$500,063
Total Expenses per Form 990$500,063
Expenses Not Reported on Form 990$39,143
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Michigan Energy Innovation Business CouncilLansing, MI501(c)(6)Education About the Economic and Societal Benefits of Clean Energy$45,000
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$464,385
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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, Section B, Line 11B

The 990s are sent by email to the entire board and they are given a few days to ask questions. At the end of the period, the 990s are filed.

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

Annually, employees and officers are required to sign a disclosure form. Any conflicts are investigated and resolved.

Form 990, Part VI, Section B, Line 15

All salaries, ceo included, are benchmarked against other similar organizations to ensure they are consistent by aee, an affiliated organization. The ceo's salary is determined by the finance committee and the board president of aee.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Advanced Energy Works
EIN
80-0373809
Phone
2023801950
Address
1000 VERMONT AVENUE NW NO 3 FL, WASHINGTON, DC 20005

Signing Officer

Name
Allison Ingram
Title
SVP of Finance and Operations
Phone
2023801950
Signed
2020-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert N Kreamer
Formed
2009
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Rsm US Llp
Address
2021 L STREET NW 400, WASHINGTON, DC 20036
Preparer
Sara Smith
Phone
2022932200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees: program service expenses 203,575. Management and general expenses 444. Fundraising expenses 50. Total expenses 204,069.

Raw XML Appendix392 raw XML fields

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/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/ExpensesNotReportedAmt039143
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0500063
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0161028
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0500063
IRS990ScheduleD/TotalLiabilityAmt0464385
IRS990ScheduleD/TotalRevenuePerForm990Amt0161028
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IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt045000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(6)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATION ABOUT THE ECONOMIC AND SOCIETAL BENEFITS OF CLEAN ENERGY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MICHIGAN ENERGY INNOVATION BUSINESS COUNCIL
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IRS990ScheduleI/RecipientTable/USAddress/CityNm0LANSING
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTEES ARE REQUIRED TO SUBMIT A PROPOSAL AND A BUDGET DETAILING THE ACTIVITIES FOR WHICH FUNDING IS REQUESTED. THEY ARE REQUIRED TO REPORT REGULARLY ON THE EXPENDITURES OF GRANT FUNDS RECEIVED, THE ACTIVITIES THAT WERE FUNDED, AND THE RESULTS ACHIEVED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990S ARE SENT BY EMAIL TO THE ENTIRE BOARD AND THEY ARE GIVEN A FEW DAYS TO ASK QUESTIONS. AT THE END OF THE PERIOD, THE 990S ARE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY, EMPLOYEES AND OFFICERS ARE REQUIRED TO SIGN A DISCLOSURE FORM. ANY CONFLICTS ARE INVESTIGATED AND RESOLVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL SALARIES, CEO INCLUDED, ARE BENCHMARKED AGAINST OTHER SIMILAR ORGANIZATIONS TO ENSURE THEY ARE CONSISTENT BY AEE, AN AFFILIATED ORGANIZATION. THE CEO'S SALARY IS DETERMINED BY THE FINANCE COMMITTEE AND THE BOARD PRESIDENT OF AEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 203,575. MANAGEMENT AND GENERAL EXPENSES 444. FUNDRAISING EXPENSES 50. TOTAL EXPENSES 204,069.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0598057
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IRS990/TotalAssetsGrp/BOYAmt0598057
IRS990/TotalAssetsGrp/EOYAmt0573960
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0160750
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05966
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019588
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0474509
IRS990/TotalFunctionalExpensesGrp/TotalAmt0500063
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0162915
IRS990/TotalLiabilitiesEOYAmt0477853
IRS990/TotalLiabilitiesGrp/BOYAmt0162915
IRS990/TotalLiabilitiesGrp/EOYAmt0477853
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0435142
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IRS990/TotalOtherCompensationAmt03656
IRS990/TotalProgramServiceExpensesAmt0474509
IRS990/TotalReportableCompFromOrgAmt026291
IRS990/TotalRevenueGrp/ExclusionAmt0278
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0161028
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0598057
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0573960
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt08803
IRS990/TravelGrp/TotalAmt08803
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
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IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0ADVANCEDENERGYWORKS.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02022-02-16 14:24:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ALLISON INGRAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SVP OF FINANCE AND OPERATIONS
ReturnHeader/BusinessOfficerGrp/PhoneNum02023801950
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ADVANCED ENERGY WORKS
ReturnHeader/Filer/BusinessNameControlTxt0ADVA
ReturnHeader/Filer/EIN0800373809
ReturnHeader/Filer/PhoneNum02023801950
ReturnHeader/Filer/USAddress/AddressLine1Txt01000 VERMONT AVENUE NW NO 3 FL
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0138.88.173.105
ReturnHeader/FilingSecurityInformation/IPDt02020-09-18
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:34:20
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420714325
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RSM US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02021 L STREET NW 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020036
ReturnHeader/PreparerPersonGrp/PhoneNum02022932200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARA SMITH
ReturnHeader/ReturnTs02020-09-18T14:36:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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.$2.71$0.38$2.33$4.72$3.55$1.17
2023Detailed filing. Detailed filing data is available for this year.$2.79$1.63$1.16$2.45$4.31$1.86
2022Detailed filing. Detailed filing data is available for this year.$3.13$0.10$3.02$2.65$1.06$1.59
2021Detailed filing. Detailed filing data is available for this year.$1.69$0.26$1.43$2.43$2.08$0.35
2020Detailed filing. Detailed filing data is available for this year.$1.15$0.07$1.08$1.84$0.85$0.99
2019Detailed filing. Detailed filing data is available for this year.$0.57$0.48$0.10$0.16$0.50$0.34
2018Summary only. Only limited summary data is available for this year.$0.44$0.00$0.44$0.39$0.11$0.28
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.05$0.16$0.00$0.03$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.21$0.02$0.19$2.00$2.02$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.30$0.09$0.21$3.00$3.03$0.03
2014Summary only. Only limited summary data is available for this year.$0.30$0.06$0.24$4.00$4.03$0.03
2013Summary only. Only limited summary data is available for this year.$0.30$0.03$0.27$7.50$7.23$0.27
2012Summary only. Only limited summary data is available for this year.$0.02$0.03$0.01$0.02$0.01
2011Summary only. Only limited summary data is available for this year.$0.02$0.01$0.01$0.32$0.45$0.13
2010Summary only. Only limited summary data is available for this year.$0.25$0.12$0.13$1.69$1.91$0.22