Civic Intelligence

Sail Sand Point

990 • Fiscal year 2016 • EIN 91-1928908

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 20, 2017

7861 62nd Ave NESeattle, WA 98115

(206) 525-8782

Siviq Scores

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

Liabilities / Assets

44th percentile

0.07x

Higher debt load relative to assets than 44% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

49th percentile

0.10x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

64th percentile

7.4%

Higher net margin than 64% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

57th percentile

$75,880

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

77th percentile

14%

Faster asset growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

55th percentile

4.7%

Faster revenue growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,153,641

Up $140,258 (+14%) from 2015

Net Assets

Up

$1,075,965

Up $77,462 (+7.8%) from 2015

Liabilities

Up

$77,676

Up $62,796 (+422%) from 2015

Revenue

Up

$766,398

Up $34,363 (+4.7%) from 2015

Expenses

Up

$709,979

Up $54,141 (+8.3%) from 2015

Net Income

Down

$56,419

Down $19,778 (-26%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $701,618Liabilities 2011: $25,824Net Assets 2011: $675,7942011Assets 2012: $694,521Liabilities 2012: $19,114Net Assets 2012: $675,4072012Assets 2013: $887,166Liabilities 2013: $32,264Net Assets 2013: $854,9022013Assets 2014: $953,553Liabilities 2014: $24,712Net Assets 2014: $928,8412014Assets 2015: $1,013,383Liabilities 2015: $14,880Net Assets 2015: $998,5032015Assets 2016: $1,153,641Liabilities 2016: $77,676Net Assets 2016: $1,075,9652016Assets 2017: $1,254,792Liabilities 2017: $66,825Net Assets 2017: $1,187,9672017Assets 2018: $1,250,465Liabilities 2018: $66,319Net Assets 2018: $1,184,1462018Assets 2019: $1,310,988Liabilities 2019: $65,038Net Assets 2019: $1,245,9502019Assets 2020: $1,363,340Liabilities 2020: $24,671Net Assets 2020: $1,338,6692020Assets 2021: $1,555,569Liabilities 2021: $29,752Net Assets 2021: $1,525,8172021Assets 2022: $1,511,691Liabilities 2022: $31,260Net Assets 2022: $1,480,4312022Assets 2023: $1,694,094Liabilities 2023: $38,822Net Assets 2023: $1,655,2722023Assets 2024: $2,083,051Liabilities 2024: $44,405Net Assets 2024: $2,038,6462024

Highlighted filing

2016

Assets$1,153,641
Liabilities$77,676
Net Assets$1,075,965

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $395,7752011Revenue 2012: $439,573Expenses 2012: $453,001Net Income 2012: -$13,4282012Revenue 2013: $657,578Expenses 2013: $503,533Net Income 2013: $154,0452013Revenue 2014: $689,371Expenses 2014: $591,239Net Income 2014: $98,1322014Revenue 2015: $732,035Expenses 2015: $655,838Net Income 2015: $76,1972015Revenue 2016: $766,398Expenses 2016: $709,979Net Income 2016: $56,4192016Revenue 2017: $838,058Expenses 2017: $760,763Net Income 2017: $77,2952017Revenue 2018: $847,867Expenses 2018: $861,812Net Income 2018: -$13,9452018Revenue 2019: $1,189,059Expenses 2019: $1,140,421Net Income 2019: $48,6382019Revenue 2020: $677,244Expenses 2020: $584,524Net Income 2020: $92,7202020Revenue 2021: $974,167Expenses 2021: $787,021Net Income 2021: $187,1462021Revenue 2022: $872,944Expenses 2022: $978,906Net Income 2022: -$105,9622022Revenue 2023: $1,170,014Expenses 2023: $948,056Net Income 2023: $221,9582023Revenue 2024: $1,517,736Expenses 2024: $1,134,365Net Income 2024: $383,3712024

Highlighted filing

2016

Revenue$766,398
Expenses$709,979
Net Income$56,419
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 20, 2017
Return Version
2016v3.0
Gross Receipts
$776,192
Mission and Program Overview

Mission

Community boat center

Community Boating Center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$428,608$455,222▲ $26,614
Investments in Publicly Traded Securities$255,830$321,491▲ $65,661
Land, Buildings, and Equipment, Net$313,191$293,517▼ $19,674
Cash and Non-Interest-Bearing Accounts$15,752$83,410▲ $67,658
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,013,383$1,153,641▲ $140,258
Other Assets Total$2$1▼ $1
Liabilities
Other Liabilities-$54,257-
Accounts Payable and Accrued Expenses$14,880$23,419▲ $8,539
Total Liabilities$14,880$77,676▲ $62,796
Net Assets / Fund Balance
Unrestricted Net Assets$768,223$845,685▲ $77,462
Temporarily Rstr Net Assets$230,280$230,280→ $0
Total Net Assets Fund Balance$998,503$1,075,965▲ $77,462
Total Liabilities and Net Assets / Fund Balance$1,013,383$1,153,641▲ $140,258

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$250,795$374,539$625,334
Leasehold Improvements$42,722$36,322$79,044
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary a WardExecutive DirectorFT$73,500$2,380$75,880

Board Members and Trustees

NameTitle
Travis HarthPresident
Andy MacdonaldVice President
Brialle EngelhartDirector
Gretchen WilliamsDirector
Shannon DoneganDirector
Thandi OnamiDirector
Todd CurrieDirector
Tommy StewartDirector
Wayne WagerDirector
Richard WattsSecretary
Darin ManneyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$46,365
Program Service Revenue
$708,721
Investment Income
$5,123
Other Revenue
$6,189
All Other Contributions
$46,365
Change in Net Assets
$56,419
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$412,774
Other Expenses$297,205
Total Fundraising Expense$29,854
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$238,583$52,646-$291,229
Current Officers, Directors, Trustees, and Key Employees$30,352$22,764$22,764$75,880
Depreciation Depletion$69,624$709-$70,333
Occupancy-$37,587-$37,587
Payroll Taxes$23,786$6,630$1,957$32,373
Insurance$31,163$-95-$31,068
All Other Expenses$18,956$9,768$443$29,167
Fees for Services Other$302$16,163-$16,465
Other Employee Benefits$7,777$1,719$4$9,500
Other Expenses$7,455$175$808$8,263
Advertising$3,156-$3,355$6,511
Pension Plan Contributions$2,786$777$229$3,792
Office Expenses$1,932--$1,932
Travel$532--$532
Total Functional Expenses$531,282$148,843$29,854$709,979
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
Abatement Loan$54,257
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

The return is prepared by a CPA and reviewed by the board of directors

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

The conflict of interest policy is updated every year and if there are any issues they are resolved at the time.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Available on request

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

Available on request

Filing and Contact Details

Filer

Filer Name
Sail Sand Point
EIN
91-1928908
Phone
2065258782
Address
7861 62ND AVE NE, SEATTLE, WA 98115

Signing Officer

Name
Mary a Ward
Title
Executive Director
Signed
2017-10-20
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
Wa
Voting Board Members
12
Independent Board Members
12
Employees
45
Volunteers
90

Preparer

Firm
Dave Bembridge CPA PS
Address
340 15th Ave East Ste 303, Seattle, WA 98112
Preparer
David G Bembridge CPA
Phone
2063237103
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Rounding difference = -$3

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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/Form990PartVIISectionAGrp/TitleTxt12Executive Dir.
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt0321491
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0410861
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0313191
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0293517
IRS990/LandBldgEquipCostOrOtherBssAmt0704378
IRS990/LegalDomicileStateCd0WA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt08123
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Community Boating Center.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0998503
IRS990/NetAssetsOrFundBalancesEOYAmt01075965
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt04214
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04214
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt03939
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt03939
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0-18
IRS990/NetUnrlzdGainsLossesInvstAmt021046
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt037587
IRS990/OccupancyGrp/TotalAmt037587
IRS990/OfficeExpensesGrp/ProgramServicesAmt01932
IRS990/OfficeExpensesGrp/TotalAmt01932
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt02
IRS990/OtherAssetsTotalGrp/EOYAmt01
IRS990/OtherChangesInNetAssetsAmt0-3
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01719
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07777
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09500
IRS990/OtherExpensesGrp/Desc0Equipment Maintenance
IRS990/OtherExpensesGrp/Desc1Supplies
IRS990/OtherExpensesGrp/Desc2Credit Card Fee
IRS990/OtherExpensesGrp/Desc3Event Expenses
IRS990/OtherExpensesGrp/FundraisingAmt0294
IRS990/OtherExpensesGrp/FundraisingAmt1808
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0175
IRS990/OtherExpensesGrp/ProgramServicesAmt065597
IRS990/OtherExpensesGrp/ProgramServicesAmt114903
IRS990/OtherExpensesGrp/ProgramServicesAmt214378
IRS990/OtherExpensesGrp/ProgramServicesAmt37455
IRS990/OtherExpensesGrp/TotalAmt065597
IRS990/OtherExpensesGrp/TotalAmt115078
IRS990/OtherExpensesGrp/TotalAmt214672
IRS990/OtherExpensesGrp/TotalAmt38263
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/EOYAmt054257
IRS990/OtherRevenueMiscGrp/Desc0Advertising
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02250
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt02250
IRS990/OtherRevenueTotalAmt02250
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt052646
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0238583
IRS990/OtherSalariesAndWagesGrp/TotalAmt0291229
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01957
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06630
IRS990/PayrollTaxesGrp/ProgramServicesAmt023786
IRS990/PayrollTaxesGrp/TotalAmt032373
IRS990/PensionPlanContributionsGrp/FundraisingAmt0229
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0777
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02786
IRS990/PensionPlanContributionsGrp/TotalAmt03792
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Boat Storage
IRS990/ProgramServiceRevenueGrp/Desc1Learn to Sail
IRS990/ProgramServiceRevenueGrp/Desc2Open Sailing
IRS990/ProgramServiceRevenueGrp/Desc3Youth Coaching
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0141535
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1406792
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2120965
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt339429
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0141535
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1406792
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2120965
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt339429
IRS990/ProgSrvcAccomActy2Grp/Desc0Through Open Boating-our boat and SUP rental program we served 8448 customers from April 15 to October 30. This provides easy access to the water and serves our mission well.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0185430
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0141535
IRS990/ProgSrvcAccomActy3Grp/Desc0We taught 553 adults to sail with 18 scholarships equalling $3,570. This is a wonderful opportunity for adults to get on the water and see the world from the aquatic environment of Lake Washington.These classes allow most students to then rent boats from us thus having the chance to include their family and friends.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt060590
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt030252
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt019148
IRS990/PYInvestmentIncomeAmt016178
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0257561
IRS990/PYOtherRevenueAmt06839
IRS990/PYProgramServiceRevenueAmt0678766
IRS990/PYRevenuesLessExpensesAmt076197
IRS990/PYSalariesCompEmpBnftPaidAmt0379129
IRS990/PYTotalExpensesAmt0655838
IRS990/PYTotalRevenueAmt0732035
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt056419
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0406792
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0428608
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0455222
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt046365
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt032227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt048733
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0110467
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt017932
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0255724
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0909
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03202
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08068
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt010128
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09871
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt032178
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84010
IRS990ScheduleA/PublicSupportPY170Pct00.80140
IRS990ScheduleA/PublicSupportTotal170Amt0255724

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.04$2.04$1.52$1.13$0.38
2023Summary only. Only limited summary data is available for this year.$1.69$0.04$1.66$1.17$0.95$0.22
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.03$1.48$0.87$0.98$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.03$1.53$0.97$0.79$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.02$1.34$0.68$0.58$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.07$1.25$1.19$1.14$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.07$1.18$0.85$0.86$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.07$1.19$0.84$0.76$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.15$0.08$1.08$0.77$0.71$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.01$1.00$0.73$0.66$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.95$0.02$0.93$0.69$0.59$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.89$0.03$0.85$0.66$0.50$0.15
2012Summary only. Only limited summary data is available for this year.$0.69$0.02$0.68$0.44$0.45$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.03$0.68$0.40