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This document is a quarterly report for Broadview Institute Inc. filed with the Securities and Exchange Commission, detailing its financial performance for the quarter ending June 30, 2013, including financial statements, management discussions, and regulatory compliance. It highlights significant metrics, trends, and challenges faced by the institution, including declining enrollments and impacts from the discontinuation of the nursing program.
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Form 10-Q is a quarterly report required by the U.S. Securities and Exchange Commission (SEC) that provides a comprehensive overview of a company's financial performance during the quarter.
Publicly traded companies in the United States that are required to file under the Securities Exchange Act of 1934 must file Form 10-Q.
To fill out Form 10-Q, companies need to provide a balance sheet, income statement, cash flow statement, and disclosures regarding financial results and operations in accordance with SEC guidelines.
The purpose of Form 10-Q is to provide investors with ongoing financial performance updates for the company on a quarterly basis, ensuring transparency and compliance with federal securities laws.
Form 10-Q must report financial statements, management's discussion and analysis of financial condition and results of operations, disclosures regarding legal proceedings, risk factors, and any changes in internal controls.
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