Civic Intelligence

The Cove

990 • Fiscal year 2017 • EIN 91-2051659

Jan 01, 2017 to Dec 31, 2017 • Filed on May 02, 2018

PO Box 895Twisp, WA 98856

(509) 997-0227

Siviq Scores

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

Liabilities / Assets

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

29th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

70th percentile

14%

Higher net margin than 70% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

56th percentile

$26,400

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 10.2% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

70th percentile

13%

Faster asset growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

72nd percentile

21%

Faster revenue growth than 72% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$755,469

Up $88,338 (+13%) from 2016

Net Assets

Up

$755,019

Up $88,956 (+13%) from 2016

Liabilities

Down

$450

Down $618 (-58%) from 2016

Revenue

Up

$259,781

Up $44,950 (+21%) from 2016

Expenses

Up

$223,861

Up $35,431 (+19%) from 2016

Net Income

Up

$35,920

Up $9,519 (+36%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,147,011Liabilities 2010: $658,910Net Assets 2010: $488,1012010Assets 2011: $1,232,078Liabilities 2011: $647,854Net Assets 2011: $584,2242011Assets 2012: $1,215,946Liabilities 2012: $631,776Net Assets 2012: $584,1702012Assets 2013: $431,491Liabilities 2013: $2,807Net Assets 2013: $428,6842013Assets 2014: $602,151Liabilities 2014: $2,691Net Assets 2014: $599,4602014Assets 2015: $635,206Liabilities 2015: $4,371Net Assets 2015: $630,8352015Assets 2016: $667,131Liabilities 2016: $1,068Net Assets 2016: $666,0632016Assets 2017: $755,469Liabilities 2017: $450Net Assets 2017: $755,0192017Assets 2018: $762,128Liabilities 2018: $450Net Assets 2018: $761,6782018Assets 2019: $814,868Liabilities 2019: $3,752Net Assets 2019: $811,1162019Assets 2020: $1,317,789Liabilities 2020: $10,540Net Assets 2020: $1,307,2492020Assets 2021: $1,514,068Liabilities 2021: $178Net Assets 2021: $1,513,8902021Assets 2022: $1,498,093Liabilities 2022: $2,377Net Assets 2022: $1,495,7162022Assets 2023: $1,678,509Liabilities 2023: $2,028Net Assets 2023: $1,676,4812023Assets 2024: $1,819,045Liabilities 2024: $520Net Assets 2024: $1,818,5252024

Highlighted filing

2017

Assets$755,469
Liabilities$450
Net Assets$755,019

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $549,2582010Expenses 2011: $554,0232011Revenue 2012: $564,128Expenses 2012: $564,182Net Income 2012: -$542012Revenue 2013: $265,506Expenses 2013: $420,992Net Income 2013: -$155,4862013Revenue 2014: $365,351Expenses 2014: $211,543Net Income 2014: $153,8082014Revenue 2015: $238,960Expenses 2015: $201,116Net Income 2015: $37,8442015Revenue 2016: $214,831Expenses 2016: $188,430Net Income 2016: $26,4012016Revenue 2017: $259,781Expenses 2017: $223,861Net Income 2017: $35,9202017Revenue 2018: $297,749Expenses 2018: $287,143Net Income 2018: $10,6062018Revenue 2019: $339,514Expenses 2019: $295,751Net Income 2019: $43,7632019Revenue 2020: $859,500Expenses 2020: $362,294Net Income 2020: $497,2062020Revenue 2021: $437,840Expenses 2021: $231,199Net Income 2021: $206,6412021Revenue 2022: $310,549Expenses 2022: $246,228Net Income 2022: $64,3212022Revenue 2023: $397,998Expenses 2023: $253,404Net Income 2023: $144,5942023Revenue 2024: $357,183Expenses 2024: $249,529Net Income 2024: $107,6542024

Highlighted filing

2017

Revenue$259,781
Expenses$223,861
Net Income$35,920
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 2, 2018
Return Version
2017v2.2
Gross Receipts
$260,313
Mission and Program Overview

Mission

To operate and fund a food bank and to give aid and assistance to people in need in the Methow Valley of Washington state.

To provide food and assistance to people in need in the methow valley, in washington state.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$666,063$755,019▲ $88,956
Land, Buildings, and Equipment, Net$288,156$534,317▲ $246,161
Cash and Non-Interest-Bearing Accounts$146,850$172,702▲ $25,852
Investments Program Related$224,125$40,450▼ $183,675
Inventories for Sale or Use$8,000$8,000→ $0
Total Assets$667,131$755,469▲ $88,338
Liabilities
Accounts Payable and Accrued Expenses$1,068$450▼ $618
Total Liabilities$1,068$450▼ $618
Net Assets / Fund Balance
Total Net Assets Fund Balance$666,063$755,019▲ $88,956
Total Liabilities and Net Assets / Fund Balance$667,131$755,469▲ $88,338

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$433,420$42,453$475,873
Land$95,027-$95,027
Equipment$5,870$8,494$14,364
Investment Program Related Org$40,450--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Glenn SchmekelKey employeePT$26,400$26,400
Karen DahlBoard Member-$1,688$1,688
Mary ThomsenTreasurer-$600$600

Board Members and Trustees

NameTitle
Rick LewisChairman
Kurt RamckeBoard Member
Lois ChaveyBoard Member
Mary Ann KirklandBoard Member
Paul SchmekelBoard Member
Scott BaldwinSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$253,316
Program Service Revenue
$0
Investment Income
$5,213
Other Revenue
$1,252
All Other Contributions
$244,811
Change in Net Assets
$35,920

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory91,000$91,000Cash value of items contributed
Total Noncash Contributions91,000$91,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$134,634
Other Expenses$46,737
Salaries, Compensation, and Employee Benefits$42,490
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$134,634--$134,634
Current Officers, Directors, Trustees, and Key Employees$20,400$0$0$20,400
Other Salaries and Wages$18,000$0$0$18,000
Occupancy$16,851$0$0$16,851
Depreciation Depletion$9,639$0$0$9,639
Fees for Services Management$6,000$0$0$6,000
Payroll Taxes$4,090$0$0$4,090
Fees for Service Investment Mgmnt Fees$2,822$0$0$2,822
Fees for Services Other$2,215$0$0$2,215
Information Technology$1,930$0$0$1,930
Travel$1,066$0$0$1,066
Fees for Services Accounting$0$880$0$880
All Other Expenses$368$282$0$650
Advertising$593$0$0$593
Other Expenses$215$0$0$215
Insurance$168$0$0$168
Total Functional Expenses$221,843$2,018$0$223,861
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Cove
EIN
91-2051659
Phone
5099970227
Address
PO Box 895, Twisp, WA 98856

Signing Officer

Name
Mary Thomsen
Title
Treasurer
Phone
5099970227
Signed
2018-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Thomsen
Formed
1998
Legal Domicile
Wa
Voting Board Members
8
Independent Board Members
8
Employees
4
Volunteers
75

Preparer

Firm
J Bart Bradshaw CPA PLLC
Address
PO BOX 697, Winthrop, WA 98862
Preparer
J Bart Bradshaw CPA
Phone
5099962820
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The tax return is made available at a board meeting

Pt VI, Line 12C

Board members are asked to disclose any conflicts at the board meetings

Pt VI, Line 15A

The board of directors decides on the pay for it's managing director

Pt VI, Line 15B

The board of Directors decides on the pay for it's key employees

Form 990, Part IX, Line 24E

Dues & Subscriptions 150. 150. 0. 0.

Form 990, Part IX, Line 24E

Equipment Rental 43. 43. 0. 0.

Form 990, Part IX, Line 24E

Training 175. 175. 0. 0.

Form 990, Part IX, Line 24E

Bank Service Charge 282. 0. 282. 0.

Raw XML AppendixShowing 400 of 456 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/ProgSrvcAccomActy2Grp/ExpenseAmt059864
IRS990/ProgSrvcAccomActy2Grp/GrantAmt016259
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt076660
IRS990/ProgSrvcAccomActy3Grp/Desc0SERVING FAMILIES IN NEED WITH CHRISTMAS FOOD BASKETS AND GIFTS FOR CHILDREN. ALSO HELPING WITH UTILITY BILLS. SERVES 900 PEOPLE
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt011115
IRS990/ProgSrvcAccomActy3Grp/GrantAmt011115
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt015993
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0204858
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0100247
IRS990/PYInvestmentIncomeAmt09973
IRS990/PYOtherExpensesAmt045617
IRS990/PYRevenuesLessExpensesAmt026401
IRS990/PYSalariesCompEmpBnftPaidAmt042566
IRS990/PYTotalExpensesAmt0188430
IRS990/PYTotalRevenueAmt0214831
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt035920
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt01252
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0167660
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0666063
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0755019
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Adult Family Home Fees 2013: 33284. 2016: 0. Description: Methow Resource Recovery 2013: 11458. 2016: 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0253316
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0204858
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0232348
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0355848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0133382
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01179752
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06997
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09973
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06612
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09503
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02382
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt035467
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt044742
IRS990ScheduleA/OtherIncome170Grp/TotalAmt044742
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93630
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.66080
IRS990ScheduleA/PublicSupportTotal170Amt01179752
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0253316
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0204858
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0232348
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0355848
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0133382
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01179752
IRS990ScheduleA/TotalSupportAmt01259961
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0433420
IRS990ScheduleD/BuildingsGrp/DepreciationAmt042453
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0475873
IRS990ScheduleD/EquipmentGrp/BookValueAmt05870
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08494
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014364
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt040450
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Community Foundation
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/LandGrp/BookValueAmt095027
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt095027
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0534317
IRS990ScheduleD/TotalBookValueProgramRltdAmt040450
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt043634
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Food and financial aide
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt091000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Food
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt011490
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt091000
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0Cash value of items contributed
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt091000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The tax return is made available at a board meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members are asked to disclose any conflicts at the board meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board of directors decides on the pay for it's managing director
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board of Directors decides on the pay for it's key employees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Dues & Subscriptions 150. 150. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Equipment Rental 43. 43. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Training 175. 175. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Bank Service Charge 282. 0. 282. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0667131
IRS990/TotalAssetsEOYAmt0755469
IRS990/TotalAssetsGrp/BOYAmt0667131
IRS990/TotalAssetsGrp/EOYAmt0755469
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0253316
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02018
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0221843
IRS990/TotalFunctionalExpensesGrp/TotalAmt0223861
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01068
IRS990/TotalLiabilitiesEOYAmt0450
IRS990/TotalLiabilitiesGrp/BOYAmt01068
IRS990/TotalLiabilitiesGrp/EOYAmt0450
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0666063
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0755019
IRS990/TotalProgramServiceExpensesAmt0221843
IRS990/TotalReportableCompFromOrgAmt028688

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.00$1.82$0.36$0.25$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$0.00$1.68$0.40$0.25$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.00$1.50$0.31$0.25$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.00$1.51$0.44$0.23$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$0.01$1.31$0.86$0.36$0.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.00$0.81$0.34$0.30$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.00$0.76$0.30$0.29$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.26$0.22$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.00$0.67$0.21$0.19$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.63$0.24$0.20$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.37$0.21$0.15
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.00$0.43$0.27$0.42$0.16
2012Summary only. Only limited summary data is available for this year.$1.22$0.63$0.58$0.56$0.56$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.65$0.58$0.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.66$0.49$0.55