Civic Intelligence

Coachella Valley Repertory

990 • Fiscal year 2025 • EIN 95-4304295

Jul 01, 2024 to Jun 30, 2025 • Filed on Jan 27, 2026

68510 E Palm Canyon DrCathedral City, CA 92234-1300

(760) 296-2966

Siviq Scores

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

Liabilities / Assets

80th percentile

0.39x

Higher debt load relative to assets than 80% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

85th percentile

0.68x

Higher debt load relative to revenue than 85% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

43rd percentile

2.0%

Higher net margin than 43% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

73rd percentile

$113,427

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

27th percentile

-2.7%

Faster asset growth than 27% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

69th percentile

18%

Faster revenue growth than 69% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$4,077,007

Down $111,589 (-2.7%) from 2024

Net Assets

Up

$2,469,800

Up $46,616 (+1.9%) from 2024

Liabilities

Down

$1,607,207

Down $158,205 (-9.0%) from 2024

Revenue

Up

$2,369,455

Up $356,893 (+18%) from 2024

Expenses

Up

$2,322,839

Up $42,993 (+1.9%) from 2024

Net Income

Up

$46,616

Up $313,900 (+117%) from 2024

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $57,155Liabilities 2011: $0Net Assets 2011: $57,1552011Assets 2012: $56,666Liabilities 2012: $0Net Assets 2012: $56,6662012Assets 2013: $78,151Liabilities 2013: $0Net Assets 2013: $78,1512013Assets 2014: $117,642Liabilities 2014: $0Net Assets 2014: $117,6422014Assets 2015: $305,390Liabilities 2015: $204,658Net Assets 2015: $100,7322015Assets 2016: $379,844Liabilities 2016: $202,659Net Assets 2016: $177,1852016Assets 2017: $1,030,814Liabilities 2017: $229,654Net Assets 2017: $801,1602017Assets 2018: $3,335,954Liabilities 2018: $1,163,652Net Assets 2018: $2,172,3022018Assets 2019: $4,444,814Liabilities 2019: $1,892,771Net Assets 2019: $2,552,0432019Assets 2020: $4,438,176Liabilities 2020: $1,948,187Net Assets 2020: $2,489,9892020Assets 2021: $4,549,229Liabilities 2021: $1,746,596Net Assets 2021: $2,802,6332021Assets 2022: $4,196,744Liabilities 2022: $1,252,825Net Assets 2022: $2,943,9192022Assets 2023: $3,975,824Liabilities 2023: $1,285,356Net Assets 2023: $2,690,4682023Assets 2024: $4,188,596Liabilities 2024: $1,765,412Net Assets 2024: $2,423,1842024Assets 2025: $4,077,007Liabilities 2025: $1,607,207Net Assets 2025: $2,469,8002025

Highlighted filing

2025

Assets$4,077,007
Liabilities$1,607,207
Net Assets$2,469,800

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $44,8612011Expenses 2012: $92,4812012Revenue 2013: $329,903Expenses 2013: $312,247Net Income 2013: $17,6562013Revenue 2014: $229,209Expenses 2014: $189,718Net Income 2014: $39,4912014Revenue 2015: $555,807Expenses 2015: $482,962Net Income 2015: $72,8452015Revenue 2016: $814,507Expenses 2016: $738,054Net Income 2016: $76,4532016Revenue 2017: $1,687,438Expenses 2017: $1,063,463Net Income 2017: $623,9752017Revenue 2018: $2,386,865Expenses 2018: $1,034,421Net Income 2018: $1,352,4442018Revenue 2019: $1,951,930Expenses 2019: $1,572,189Net Income 2019: $379,7412019Revenue 2020: $1,422,253Expenses 2020: $1,484,307Net Income 2020: -$62,0542020Revenue 2021: $1,232,582Expenses 2021: $919,938Net Income 2021: $312,6442021Revenue 2022: $1,726,752Expenses 2022: $1,585,466Net Income 2022: $141,2862022Revenue 2023: $1,807,692Expenses 2023: $2,061,143Net Income 2023: -$253,4512023Revenue 2024: $2,012,562Expenses 2024: $2,279,846Net Income 2024: -$267,2842024Revenue 2025: $2,369,455Expenses 2025: $2,322,839Net Income 2025: $46,6162025

Highlighted filing

2025

Revenue$2,369,455
Expenses$2,322,839
Net Income$46,616
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 27, 2026
Return Version
2024v5.0
Gross Receipts
$2,581,851
Mission and Program Overview

Mission

Coachella valley repertory is an educational, dramatic and musical theatre organization that offers thought-provoking, innovative theater of substance, and a voice to a wide range of artists and visions. Cvrep provides productions and outreach programs that positively enrich, enhance and impact the quality of life for residents and visitors in the coachella valley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,358,771$3,188,658▼ $170,113
Cash and Non-Interest-Bearing Accounts$413,254$455,701▲ $42,447
Investments in Publicly Traded Securities-$250,000-
Prepaid Expenses and Deferred Charges$30,845$20,700▼ $10,145
Savings and Temporary Cash Investments$220,807$20,562▼ $200,245
Inventories for Sale or Use$3,403$1,787▼ $1,616
Total Assets$4,188,596$4,077,007▼ $111,589
Other Assets Total$161,516$139,599▼ $21,917
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,127,114$1,115,175▼ $11,939
Deferred Revenue$325,800$287,305▼ $38,495
Other Liabilities$270,281$177,613▼ $92,668
Accounts Payable and Accrued Expenses$42,217$27,114▼ $15,103
Total Liabilities$1,765,412$1,607,207▼ $158,205
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,373,184$2,469,800▲ $96,616
Net Assets With Donor Restrictions$50,000--
Total Net Assets Fund Balance$2,423,184$2,469,800▲ $46,616
Total Liabilities and Net Assets / Fund Balance$4,188,596$4,077,007▼ $111,589

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,801,318$1,240,836$4,042,154
Land$387,340-$387,340

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$50,000$6,000-$56,000-
2023$5,000$103,803-$58,803$50,000
2022$5,000$258,400-$258,400$5,000
2021$5,000$575,400-$575,400$5,000
2020$12,497$392,290-$399,787$5,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Adam KarstenCEO-(artistiFT$106,231$7,196$113,427
Joseph BasakCFOFT$88,505$16,005$104,510

Board Members and Trustees

NameTitle
David CohanPresident
Andre Van NiekerkDirector
Erica Hiller-carpenterDirector
Hugh GlennDirector
Jim EganDirector
Katy TitcombDirector
Louie BaumgartnerDirector
Marc SchwartzDirector
Peggy JacobsDirector
Phylis SiegelDirector
Richard CainDirector
Steven ZielDirector
Fernando DiazSecretary
Nicole Taylor CPATreasurer
Douglas MorelandVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,214,124
Program Service Revenue
$1,234,830
Investment Income
$364
Other Revenue
$-79,863
All Other Contributions
$885,266
Change in Net Assets
$46,616

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
Other Non Cash Contri Table1$35,342Fair Market Value (FMV)
Securities Publicly Traded2$19,578-
Other Non Cash Contri Table3$6,580Fair Market Value (FMV)
Total Noncash Contributions6$61,500-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,369,455
Revenue Not Reported on Form 990
$76,048
Total Revenue per Audited Statements
$2,445,503
Total Revenue per Form 990
$2,369,455
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,208,470
Salaries, Compensation, and Employee Benefits$1,094,648
Total Fundraising Expense$168,759
Professional Fundraising Fees$19,721
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$628,836$31,927$177$660,940
All Other Expenses$148,823$20,635$70,577$240,035
Current Officers, Directors, Trustees, and Key Employees$156,986$31,397$20,931$209,314
Depreciation Depletion$123,153$31,850$10,617$165,620
Payroll Taxes$105,548$10,309$3,207$119,064
Advertising$94,113-$16,608$110,721
Occupancy$73,444$18,091$11,014$102,549
Royalties$101,153--$101,153
Other Employee Benefits$59,680$8,960$9,337$77,977
Other Expenses$10,648$56,790$3,549$70,987
Pension Plan Contributions$24,248$2,368$737$27,353
Fees for Services Professional Fundraising--$19,721$19,721
Fees for Services Accounting$1,260$10,710$630$12,600
Insurance$8,196$2,164$1,443$11,803
Interest$424$3,601$211$4,236
Travel$2,865--$2,865
Total Functional Expenses$1,925,278$228,802$168,759$2,322,839

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,398,887
Expenses per Audited Statements$2,322,839
Total Expenses per Form 990$2,322,839
Expenses Not Reported on Form 990$76,048
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$136,348
Fundraising Gross Income$47,900
Professional Fundraising Fees$19,721

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala 202$362,374$39,500$63,167$-23,667
House Party Eve$14,384$8,400$1,758$6,642
Total Events$376,758$47,900$136,348$-88,448
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Sponsorship/underwriting$125,833
Right of Use - Liability$51,780
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
Yes
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, Page 6, Part VI, Line 11B

Prior to filing, a complete draft of the form 990 is provided to the cfo, the audit committee, and the treasurer for their review. The cfo conducts an internal review and discusses any questions with management. The audit committee and treasurer then review the return and recommend approval to the board of directors. The full board is given the opportunity to review the form 990 before it is filed.

Form 990, Page 6, Part VI, Line 12C

Members of the board of directors are given a copy of the policy annually and sign a statement either disclosing potential conflicts, or stating they have none.

Form 990, Page 6, Part VI, Line 15A

Compensation for the artistic executive director is reviewed annually by the staffing and compensation committee, which is composed solely of independent board members. As part of the budget approval process, the committee evaluates the artistic executive director's salary using comparative compensation information and industry benchmarks, along with the individual's responsibilities and performance expectations. The recommendations are incorporated into the proposed budget for approval by the full board of directors.

Form 990, Page 6, Part VI, Line 15B

Compensation for other officers and key employees is reviewed annually by the staffing and compensation committee during the budget approval process. The committee considers salary recommendations submitted by the artistic executive director, together with job responsibilities, performance factors, and available comparative compensation data. The recommendations are incorporated into the proposed budget for approval by the full board of directors.

Form 990, Page 6, Part VI, Line 19

The organization makes all required information available to the public upon request. Copies may be obtained by contacting the administrative office by mail, email, or phone. These documents are also available for public inspection at the organization's principal office during regular business hours.

Filing and Contact Details

Filer

Filer Name
Coachella Valley Repertory
EIN
95-4304295
Phone
7602962966
Address
68510 E PALM CANYON DR, CATHEDRAL CITY, CA 92234-1300

Signing Officer

Name
Nicole Taylor CPA
Title
Treasurer
Phone
7602962966
Signed
2026-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Cohan
Formed
1990
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
15
Employees
86
Volunteers
155

Preparer

Firm
Coachella Valley Accounting & Auditing
Address
43675 ALBA CT, LA QUINTA, CA 92253
Preparer
Andrea L Oliveri
Phone
4423250089
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Coachella valley repertory is an educational, dramatic and musical theatre organization that offers thought-provoking, innovative theater of substance, and a voice to a wide range of artists and visions. Cvrep provides productions and outreach programs that positively enrich, enhance and impact the quality of life for residents and visitors in the coachella valley.

Form 990, Part IX, Line 24E

Special events indirect 0 0 70,577 equip rental & fac. Maint 69,393 0 0 other expenses 47,688 20,635 0 sound & video 13,055 0 0 audition expense 8,669 0 0 instructor fees 7,600 0 0 storage 1,808 0 0 lighting, sound & stage 610 0 0 total 148,823 20,635 70,577

Form 990, Part XI, Line 9

Rent expenses in revenue 76,048 rent expenses in revenue -76,048

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The organization's temporarily restricted endowment type assets were used for renovations of the organization's new theatre building.

Schedule D, Page 4, Part XI, Line 2D

Rent expenses in revenue 76,048

Schedule D, Page 4, Part XII, Line 2D

Rent expenses in revenue 76,048

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IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0COACHELLA VALLEY REPERTORY IS AN EDUCATIONAL, DRAMATIC AND MUSICAL THEATRE ORGANIZATION THAT OFFERS THOUGHT-PROVOKING, INNOVATIVE THEATER OF SUBSTANCE, AND A VOICE TO A WIDE RANGE OF ARTISTS AND VISIONS. CVREP PROVIDES PRODUCTIONS AND OUTREACH PROGRAMS THAT POSITIVELY ENRICH, ENHANCE AND IMPACT THE QUALITY OF LIFE FOR RESIDENTS AND VISITORS IN THE COACHELLA VALLEY.
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0161516
IRS990/OtherAssetsTotalGrp/EOYAmt0139599
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt09337
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08960
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt059680
IRS990/OtherEmployeeBenefitsGrp/TotalAmt077977
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1SET, SCENERY & STAGE
IRS990/OtherExpensesGrp/Desc2PERFORMER HOUSING &TRAVEL
IRS990/OtherExpensesGrp/Desc3OPERATING EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt03549
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt056790
IRS990/OtherExpensesGrp/ProgramServicesAmt0166123
IRS990/OtherExpensesGrp/ProgramServicesAmt1113509
IRS990/OtherExpensesGrp/ProgramServicesAmt2106269
IRS990/OtherExpensesGrp/ProgramServicesAmt310648
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IRS990/OtherExpensesGrp/TotalAmt1113509
IRS990/OtherExpensesGrp/TotalAmt2106269
IRS990/OtherExpensesGrp/TotalAmt370987
IRS990/OtherLiabilitiesGrp/BOYAmt0270281
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0628836
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IRS990/PrincipalOfficerNm0DAVID COHAN
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IRS990/ProgramServiceRevenueGrp/Desc0TICKETS
IRS990/ProgramServiceRevenueGrp/Desc1SUBSCRIPTIONS
IRS990/ProgramServiceRevenueGrp/Desc2BOX OFFICE FEES
IRS990/ProgramServiceRevenueGrp/Desc3CONCESSIONS
IRS990/ProgramServiceRevenueGrp/Desc4RESTAURANT CAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0758348
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1315800
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt287336
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt330138
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt287336
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IRS990/PYTotalExpensesAmt02279846
IRS990/PYTotalRevenueAmt02012562
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
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IRS990/RoyaltiesGrp/TotalAmt0101153
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt010450
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt06290
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0205160
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01106186
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01214659
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01043446
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt084997
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0186
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt083563
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01312
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01189
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0171247
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt01208042
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt01181735
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0751741
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0349187
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt08389

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.08$1.61$2.47$2.37$2.32$0.05
2024Summary only. Only limited summary data is available for this year.$4.19$1.77$2.42$2.01$2.28$0.27
2023Summary only. Only limited summary data is available for this year.$3.98$1.29$2.69$1.81$2.06$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.20$1.25$2.94$1.73$1.59$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.55$1.75$2.80$1.23$0.92$0.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.44$1.95$2.49$1.42$1.48$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.44$1.89$2.55$1.95$1.57$0.38
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.34$1.16$2.17$2.39$1.03$1.35
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.23$0.80$1.69$1.06$0.62
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.20$0.18$0.81$0.74$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.31$0.20$0.10$0.56$0.48$0.07
2014Summary only. Only limited summary data is available for this year.$0.12$0.00$0.12$0.23$0.19$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.33$0.31$0.02
2012Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.09
2011Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.04