William M Weaver Foundation

Sweetwater, TX
Tax-exempt since June 2003
EIN: 30-0140386

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are not tax deductible.

Revenue

$1.39M (2024)

Expenses

$1.66M (2024)

Total Assets

$12.9M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$1,388,832

Expenses

$1,655,851

Net Income

-$267,019

Net Assets

$12,946,245

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$197,017	14.2%
Dividends	$309,050	22.3%
Sales of Assets	$682,292	49.1%
Other Income	$6,934	0.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$537,012	32.4%
Compensation of Officers*	$122,697	7.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$12,946,245
Total Liabilities	$0
Net Assets	$12,946,245

Compensation

Key Employees and Officers	Compensation	Other
First Financial Trust Asset Mgmt (Trustee)	$122,697	$0
Sara Davis (Admin Board)	$0	$0
Elwood Freeman (Admin Board)	$0	$0
Neale Roy (Admin Board)	$0	$0
Russell Cox (Admin Board)	$0	$0
Reinhard Mckinney (Admin Board)	$0	$0
Bryan Nowlin (Secretary)	$0	$0

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990-PF

Filed on May 9, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$588,126

Expenses

$1,204,629

Net Income

-$616,503

Net Assets

$13,213,264

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$150,964	25.7%
Dividends	$317,708	54.0%
Sales of Assets	$40,975	7.0%
Other Income	$798	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$559,845	46.5%
Compensation of Officers*	$116,037	9.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,213,264
Total Liabilities	$0
Net Assets	$13,213,264

Compensation

Key Employees and Officers	Compensation	Other
First Financial Trust Asset Mgmt (Trustee)	$116,037	$0
Sara Davis (Admin Board)	$0	$0
Elwood Freeman (Admin Board)	$0	$0
Neale Roy (Admin Board)	$0	$0
Russell Cox (Admin Board)	$0	$0
Reinhard Mckinney (Admin Board)	$0	$0
Bryan Nowlin (Secretary)	$0	$0

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990-PF

Filed on May 2, 2024

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

Fiscal Year Ending Dec.
2022

Revenue

$1,446,349

Expenses

$462,887

Net Income

$983,462

Net Assets

$13,829,767

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$117,434	8.1%
Dividends	$289,537	20.0%
Sales of Assets	$750,112	51.9%
Other Income	$1,156	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$269,295	58.2%
Compensation of Officers*	$115,344	24.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,829,767
Total Liabilities	$0
Net Assets	$13,829,767

Compensation

Key Employees and Officers	Compensation	Other
First Financial Trust Asset Mgmt (Trustee)	$115,344	$0
Sandra Adams (Admin Board)	$0	$0
Elwood Freeman (Admin Board)	$0	$0
Neale Roy (Admin Board)	$0	$0
Russell Cox (Admin Board)	$0	$0
Reinhard Mckinney (Admin Board)	$0	$0
Julie Todd (Admin Board)	$0	$0

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990-PF

Filed on May 8, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Revenue

$1,864,643

Expenses

$615,418

Net Income

$1,249,225

Net Assets

$12,846,305

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$125,926	6.8%
Dividends	$227,673	12.2%
Sales of Assets	$493,598	26.5%
Other Income	$3,458	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$410,056	66.6%
Compensation of Officers*	$117,040	19.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$12,846,305
Total Liabilities	$0
Net Assets	$12,846,305

Compensation

Key Employees and Officers	Compensation	Other
First Financial Trust Asset Mgmt (Trustee)	$117,040	$0
Sandra Adams (Admin Board)	$0	$0
Elwood Freeman (Admin Board)	$0	$0
Neale Roy (Admin Board)	$0	$0
Scott Leonard (Admin Board)	$0	$0
Reinhard Mckinney (Admin Board)	$0	$0
Julie Todd (Admin Board)	$0	$0

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990-PF

Filed on May 16, 2022

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2020

Revenue

$693,656

Expenses

$751,553

Net Income

-$57,897

Net Assets

$11,597,079

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$138,200	19.9%
Dividends	$224,420	32.4%
Sales of Assets	$43,088	6.2%
Other Income	$686	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$572,571	76.2%
Compensation of Officers*	$120,481	16.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,597,080
Total Liabilities	$1
Net Assets	$11,597,079

Compensation

Key Employees and Officers	Compensation	Other
First Financial Trust Asset Mgmt (Trustee)	$120,481	$0
Sandra Adams (Admin Board)	$0	$0
Elwood Freeman (Admin Board)	$0	$0
Neale Roy (Admin Board)	$0	$0
Scott Leonard (Admin Board)	$0	$0
Reinhard Mckinney (Admin Board)	$0	$0
Julie Todd (Admin Board)	$0	$0

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990-PF

Filed on June 11, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$981,677

Expenses

$1,067,421

Net Income

-$85,744

Net Assets

$11,654,976

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$353,362	36.0%
Sales of Assets	$129,514	13.2%
Other Income	$176	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$405,975	38.0%
Compensation of Officers*	$114,970	10.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,654,977
Total Liabilities	$1
Net Assets	$11,654,976

Compensation

Key Employees and Officers	Compensation	Other
First Financial Trust & Asset Mgmt (Trustee)	$114,970	$0
Jenny Gibson (Admin Board)	$0	$0
Sandra Adams (Admin Board)	$0	$0
Elwood Freeman (Admin Board)	$0	$0
Shirley Stephens (Admin Board)	$0	$0
Neale Roy (Admin Board)	$0	$0
Scott Leonard (Admin Board)	$0	$0

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990-PF

Filed on June 17, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$1,309,411

Expenses

$819,669

Net Income

$489,742

Net Assets

$11,740,721

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$287,158	21.9%
Sales of Assets	$729,463	55.7%
Other Income	$372	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$347,345	42.4%
Compensation of Officers*	$120,569	14.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,740,721
Total Liabilities	$0
Net Assets	$11,740,721

Compensation

Key Employees and Officers	Compensation	Other
First Financial Trust & Asset Mgmt (Trustee)	$120,569	$0
Jenny Gibson (Admin Board)	$0	$0
Sandra Adams (Admin Board)	$0	$0
Elwood Freeman (Admin Board)	$0	$0
Shirley Stephens (Admin Board)	$0	$0
Neale Roy (Admin Board)	$0	$0
Scott Leonard (Admin Board)	$0	$0

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990-PF

Filed on May 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2017

Revenue

$606,890

Expenses

$1,005,326

Net Income

-$398,436

Net Assets

$11,250,979

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$360,606	59.4%
Sales of Assets	$11,628	1.9%
Other Income	$1,103	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$348,868	34.7%
Compensation of Officers*	$120,912	12.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,250,979
Total Liabilities	$0
Net Assets	$11,250,979

Compensation

Key Employees and Officers	Compensation	Other
First Financial Trust & Asset Mgmt (Trustee)	$120,912	$0
Jenny Gibson (Admin Board)	$0	$0
Arthur Pedroza (Admin Board)	$0	$0
Elwood Freeman (Admin Board)	$0	$0
Shirley Stephens (Admin Board)	$0	$0
R D Newberry (Admin Board)	$0	$0

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990-PF

Filed on May 14, 2018

Primary tax return for a private foundation's activities, finances, and governance

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XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2016

Revenue

$656,399

Expenses

$589,020

Net Income

$67,379

Net Assets

$11,649,415

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$353,294	53.8%
Sales of Assets	$99,303	15.1%
Other Income	$829	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$425,080	72.2%
Compensation of Officers*	$79,922	13.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,649,415
Total Liabilities	$0
Net Assets	$11,649,415

Compensation

Key Employees and Officers	Compensation	Other
First Financial Trust & Asset Mgmt (Trustee)	$79,922	$0
Jenny Gibson (Admin Board)	$0	$0
Arthur Pedroza (Admin Board)	$0	$0
Elwood Freeman (Admin Board)	$0	$0
Shirley Stephens (Admin Board)	$0	$0
R D Newberry (Admin Board)	$0	$0

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990-PF

Filed on May 12, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$848,143

Expenses

$828,688

Net Income

$19,455

Net Assets

$11,582,036

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$359,119	42.3%
Sales of Assets	$306,313	36.1%
Other Income	$953	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$626,520	75.6%
Compensation of Officers*	$94,159	11.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,582,036
Total Liabilities	$0
Net Assets	$11,582,036

Compensation

Key Employees and Officers	Compensation	Other
First Financial Trust & Asset Mgmt (Trustee)	$94,159	$0
Jenny Gibson (Admin Board)	$0	$0
Arthur Pedroza (Admin Board)	$0	$0
Elwood Freeman (Admin Board)	$0	$0
Shirley Stephens (Admin Board)	$0	$0
R D Newberry (Admin Board)	$0	$0

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990-PF

Filed on May 16, 2016

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

PDF (2 of 2)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2014

Revenue

$1,199,441

Expenses

$917,664

Net Income

$281,777

Net Assets

$11,562,581

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$385,971	32.2%
Sales of Assets	$214,907	17.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$646,569	70.5%
Compensation of Officers*	$129,165	14.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,562,581
Total Liabilities	$0
Net Assets	$11,562,581

Compensation

Key Employees and Officers	Compensation	Other
First Financial Trust & Asset Mgmt (Trustee)	$129,165	$0
Jenny Gibson (Admin Board)	$0	$0
Arthur Pedroza (Admin Board)	$0	$0
Elwood Freeman (Admin Board)	$0	$0
Shirley Stephens (Admin Board)	$0	$0
R D Newberry (Admin Board)	$0	$0

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990-PF

Filed on May 15, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$1,176,987

Expenses

$763,377

Net Income

$413,610

Net Assets

$11,280,804

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$341,105	29.0%
Sales of Assets	$408,660	34.7%
Other Income	$148,060	12.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$578,782	75.8%
Compensation of Officers*	$107,512	14.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,280,804
Total Liabilities	$0
Net Assets	$11,280,804

Compensation

Key Employees and Officers	Compensation	Other
First Financial Tr Asset Mgm (Trustee)	$107,512	$0
Scott L Leonard (Admin Board)	$0	$0
Jenny Gibson (Admin Board)	$0	$0
Arthur Pedroza (Admin Board)	$0	$0
Elwood Freeman (Admin Board)	$0	$0
Shirley Stephens (Admin Board)	$0	$0
Allean Jasmin (Admin Board)	$0	$0

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990-PF

Filed on May 15, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$847,110

Expenses

$565,154

Net Income

$281,956

Net Assets

$10,867,193

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$347,200	41.0%
Sales of Assets	$260,979	30.8%
Other Income	$119,926	14.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$375,501	66.4%
Compensation of Officers*	$92,048	16.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,867,194
Total Liabilities	$1
Net Assets	$10,867,193

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,364,797

Expenses

$489,681

Net Income

$875,116

Net Assets

$10,585,237

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,783	0.2%
Dividends	$324,612	23.8%
Sales of Assets	$151,557	11.1%
Other Income	$660,287	48.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$310,131	63.3%
Compensation of Officers*	$101,118	20.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,585,238
Total Liabilities	$1
Net Assets	$10,585,237

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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William M Weaver Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.39M (2024)

Expenses $1.66M (2024)

Total Assets $12.9M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Revenue

$1.39M (2024)

Expenses

$1.66M (2024)

Total Assets

$12.9M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003