Civic Intelligence

State Association of County Retirement Systems

990 • Fiscal year 2016 • EIN 94-3048491

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 16, 2017

1415 L StreetSacramento, CA 95814

(916) 441-1850

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

23rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Net Margin

36th percentile

0.8%

Higher net margin than 36% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

59th percentile

$0

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Asset Growth

43rd percentile

0.6%

Faster asset growth than 43% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

33rd percentile

-2.6%

Faster revenue growth than 33% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$2,237,795

Up $12,725 (+0.6%) from 2015

Net Assets

Up

$2,237,795

Up $12,725 (+0.6%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$1,538,515

Down $41,744 (-2.6%) from 2015

Expenses

Up

$1,525,790

Up $439,338 (+40%) from 2015

Net Income

Down

$12,725

Down $481,082 (-97%) 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 2010: $716,645Liabilities 2010: $0Net Assets 2010: $716,6452010Assets 2011: $1,092,601Liabilities 2011: $0Net Assets 2011: $1,092,6012011Assets 2012: $1,107,195Liabilities 2012: $0Net Assets 2012: $1,107,1952012Assets 2013: $1,590,617Liabilities 2013: $0Net Assets 2013: $1,590,6172013Assets 2014: $1,731,263Liabilities 2014: $0Net Assets 2014: $1,731,2632014Assets 2015: $2,225,070Liabilities 2015: $0Net Assets 2015: $2,225,0702015Assets 2016: $2,237,795Liabilities 2016: $0Net Assets 2016: $2,237,7952016Assets 2017: $2,174,622Liabilities 2017: $0Net Assets 2017: $2,174,6222017Assets 2018: $2,206,001Liabilities 2018: $0Net Assets 2018: $2,206,0012018Assets 2019: $2,372,422Liabilities 2019: $0Net Assets 2019: $2,372,4222019Assets 2020: $1,981,948Liabilities 2020: $0Net Assets 2020: $1,981,9482020Assets 2021: $2,033,559Liabilities 2021: $0Net Assets 2021: $2,033,5592021Assets 2022: $1,904,634Liabilities 2022: $0Net Assets 2022: $1,904,6342022Assets 2023: $1,266,654Liabilities 2023: $0Net Assets 2023: $1,266,6542023Assets 2024: $911,820Liabilities 2024: $0Net Assets 2024: $911,8202024

Highlighted filing

2016

Assets$2,237,795
Liabilities$0
Net Assets$2,237,795

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,131,3292010Expenses 2011: $1,008,5072011Expenses 2012: $1,326,4582012Expenses 2013: $1,023,0002013Revenue 2014: $1,519,250Expenses 2014: $1,378,604Net Income 2014: $140,6462014Revenue 2015: $1,580,259Expenses 2015: $1,086,452Net Income 2015: $493,8072015Revenue 2016: $1,538,515Expenses 2016: $1,525,790Net Income 2016: $12,7252016Revenue 2017: $1,603,331Expenses 2017: $1,666,504Net Income 2017: -$63,1732017Revenue 2018: $1,662,930Expenses 2018: $1,631,551Net Income 2018: $31,3792018Revenue 2019: $1,764,148Expenses 2019: $1,597,727Net Income 2019: $166,4212019Revenue 2020: $1,095,488Expenses 2020: $1,485,962Net Income 2020: -$390,4742020Revenue 2021: $785,349Expenses 2021: $733,738Net Income 2021: $51,6112021Revenue 2022: $1,443,308Expenses 2022: $1,572,233Net Income 2022: -$128,9252022Revenue 2023: $1,624,298Expenses 2023: $2,262,278Net Income 2023: -$637,9802023Revenue 2024: $1,997,147Expenses 2024: $2,351,981Net Income 2024: -$354,8342024

Highlighted filing

2016

Revenue$1,538,515
Expenses$1,525,790
Net Income$12,725
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 16, 2017
Return Version
2015v3.0
Gross Receipts
$1,538,515
Mission and Program Overview

Mission

The mission of this organization shall be to serve the 1937 Act Retirement Systems by exchanging information, providing education and analyzing legislation.

State Association of County Retirement Systems (SACRS) is a not-for-profit association of 20 California county retirement systems, established under the County Employees Retirement Law of 1937. SACRS was formed in the early 1970's to provide forums for disseminating knowledge of, and developing expertise in, the operation of county retirement systems existing under current law, as well as to foster and take an active role in the legislative process. To accomplish SACRS' mission of addressing issues of importance to members, SACRS, contracting with Strategic Local Government Services, provides a variety of association management services, including a membership directory, semi-annual conferences, and oversight of SACRS.org.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,119,080$1,121,681▲ $2,601
Investments Other Securities$1,105,990$1,116,114▲ $10,124
Cash and Non-Interest-Bearing Accounts-$0-
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 Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,225,070$2,237,795▲ $12,725
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$2,225,070$2,237,795▲ $12,725
Total Net Assets Fund Balance$2,225,070$2,237,795▲ $12,725
Total Liabilities and Net Assets / Fund Balance$2,225,070$2,237,795▲ $12,725
Compensation and Service Providers

Board Members and Trustees

NameTitle
Yves CheryPast President
Dan McAllisterPresident
Gabe RodriguesVice President
Art GouletSecretary
Larry WalkerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
ShawYoderAntwih IncAdmin & Lobbying1415 L Street Suite 1000, Sacramento, CA 95814$166,571
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,525,996
Investment Income
$12,519
Other Revenue
$0
Change in Net Assets
$12,725
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,525,790
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$775,655--$775,655
Other Expenses$93,231$77,173-$77,173
All Other Expenses$39,227--$39,227
Total Functional Expenses$1,381,036$144,754$0$1,525,790
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$93,231
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

State Association of County Retirement Systems' activities are administered by Shaw/Yoder/Antwih, Inc.

Form 990, Part VI, Line 11B: Form 990 Review Process

Reviewed and approved by Audit Committee and financial consultant prior to filing.

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

Governing documents, conflict of interest policy and financial statements are available to the public upon request from Sulema Peterson 1415 L Street, Suite 1000, Sacramento, CA 95814.

Filing and Contact Details

Filer

Filer Name
State Association of County Retirement
EIN
94-3048491
Phone
9164411850
Address
1415 L Street, Sacramento, CA 95814

Signing Officer

Name
Dan McAllister
Title
President
Signed
2017-02-16
Discuss with paid preparer
Yes

Organization Details

Formed
1956
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
James Marta & Co Llp
Address
701 HOWE AVE STE E3, SACRAMENTO, CA 95825-4688
Preparer
Alana N Theiss
Phone
9169939494
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - Form 990, Part IX, Line 24cOther Expenses - LobbyingLobbying expenses incurred by State Association of Retirement Systems were paid using membership dues from County Retirement Systems only. The County Retirement Systems disclose the use of their membership dues for lobbying on their Fair Political Practices Commission disclosures. These membership dues are not reported as a tax deduction by the County Retirement Systems.Membership dues collected from affiliates (not County Retirement Systems) are used to cover administrative expenses only and not to pay for lobbying expenses.

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Newsletters OTHER PROGRAM SERVICES 5: Special Project - Evaluate and report on Public Retirement System issues currently under consideration by the IRS.

Form 990, Part IV, Line 12A

Audited Financial StatementsThe organization plans to complete, but has not completed to date, a separate audited financial statement prepared under the cash basis of accounting.

Form 990, Part XII, Line 2B

Audited Financial StatementsThe organization plans to complete, but has not completed to date, a separate audited financial statement prepared under the cash basis of accounting.

Raw XML Appendix374 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/RevenueAmt0123950
IRS990/ProgSrvcAccomActy3Grp/Desc0Legislative Representation and Lobbying - SACRS retains a lobbying firm to take an active role in the legislative process as it affects SACRS member retirement systems.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt093231
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0103000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03688
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01086452
IRS990/PYOtherRevenueAmt0446
IRS990/PYProgramServiceRevenueAmt01576125
IRS990/PYRevenuesLessExpensesAmt0493807
IRS990/PYTotalExpensesAmt01086452
IRS990/PYTotalRevenueAmt01580259
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt012725
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01091815
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01119080
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01121681
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/PoliticalExpendituresAmt093231
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0Legislative analysis and lobbying expenses for legislation related to 1937 Act Retirement Systems.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I-A, Line 1 - Direct and Indirect Political Campaign Activities
IRS990ScheduleD/TotalBookValueSecuritiesAmt01116114
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - Form 990, Part IX, Line 24cOther Expenses - LobbyingLobbying expenses incurred by State Association of Retirement Systems were paid using membership dues from County Retirement Systems only. The County Retirement Systems disclose the use of their membership dues for lobbying on their Fair Political Practices Commission disclosures. These membership dues are not reported as a tax deduction by the County Retirement Systems.Membership dues collected from affiliates (not County Retirement Systems) are used to cover administrative expenses only and not to pay for lobbying expenses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER PROGRAM SERVICES 4: Newsletters OTHER PROGRAM SERVICES 5: Special Project - Evaluate and report on Public Retirement System issues currently under consideration by the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2State Association of County Retirement Systems' activities are administered by Shaw/Yoder/Antwih, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Reviewed and approved by Audit Committee and financial consultant prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, conflict of interest policy and financial statements are available to the public upon request from Sulema Peterson 1415 L Street, Suite 1000, Sacramento, CA 95814.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Audited Financial StatementsThe organization plans to complete, but has not completed to date, a separate audited financial statement prepared under the cash basis of accounting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Audited Financial StatementsThe organization plans to complete, but has not completed to date, a separate audited financial statement prepared under the cash basis of accounting.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Client Note 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IV, Line 12a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XII, Line 2b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02225070
IRS990/TotalAssetsEOYAmt02237795
IRS990/TotalAssetsGrp/BOYAmt02225070
IRS990/TotalAssetsGrp/EOYAmt02237795
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0144754
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01381036
IRS990/TotalFunctionalExpensesGrp/TotalAmt01525790
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02225070
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02237795
IRS990/TotalOtherProgSrvcExpenseAmt039227
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt02
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt02
IRS990/TotalProgramServiceExpensesAmt01381036
IRS990/TotalProgramServiceRevenueAmt01525996
IRS990/TotalRevenueGrp/ExclusionAmt012519
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01525996
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01538515
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02225070
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02237795
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02225070
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02237795
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.sacrs.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dan McAllister
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0State Association of County Retirement
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Systems
ReturnHeader/Filer/BusinessNameControlTxt0STAT
ReturnHeader/Filer/EIN0943048491
ReturnHeader/Filer/PhoneNum09164411850
ReturnHeader/Filer/USAddress/AddressLine1Txt01415 L Street
ReturnHeader/Filer/USAddress/CityNm0Sacramento
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095814
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES MARTA & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0701 HOWE AVE STE E3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SACRAMENTO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0958254688
ReturnHeader/PreparerPersonGrp/PhoneNum09169939494
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alana N Theiss
ReturnHeader/ReturnTs02017-02-23T11:54:47-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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.$0.91$0.00$0.91$2.00$2.35$0.35
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.00$1.27$1.62$2.26$0.64
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.00$1.90$1.44$1.57$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.00$2.03$0.79$0.73$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.00$1.98$1.10$1.49$0.39
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$0.00$2.37$1.76$1.60$0.17
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.00$2.21$1.66$1.63$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.17$0.00$2.17$1.60$1.67$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$1.54$1.53$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$1.58$1.09$0.49
2014Detailed filing. Detailed filing data is available for this year.$1.73$0.00$1.73$1.52$1.38$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.00$1.59$1.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.00$1.11$1.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.00$1.09$1.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.00$0.72$1.13