Civic Intelligence

The Current Media Inc

990EZ • Fiscal year 2020 • EIN 82-2971272

Jan 01, 2020 to Dec 31, 2020 • Filed on Dec 21, 2021

Organization ProfileTHECURRENTLA.COM
106 Memory LaneLafayette, LA 70506

(337) 296-7138

Siviq Scores

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

Liabilities / Assets

87th percentile

0.46x

Higher debt load relative to assets than 87% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.10x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

44th percentile

1.4%

Higher net margin than 44% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets87th percentile

Assets

$19,378

No earlier filing loaded for comparison.

Net Assets

$10,478

No earlier filing loaded for comparison.

Liabilities

$8,900

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin44th percentile

Revenue

$90,930

No earlier filing loaded for comparison.

Expenses

$89,702

No earlier filing loaded for comparison.

Net Income

$1,228

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$200K$150K$100K$50K$0Assets 2020: $19,378Liabilities 2020: $8,900Net Assets 2020: $10,4782020Assets 2021: $119,540Liabilities 2021: $11,412Net Assets 2021: $108,1282021Assets 2022: $176,919Liabilities 2022: $10,337Net Assets 2022: $166,5822022Assets 2023: $139,968Liabilities 2023: $23,727Net Assets 2023: $116,2412023Assets 2024: $153,242Liabilities 2024: $15,889Net Assets 2024: $137,3532024

Highlighted filing

2020

Assets$19,378
Liabilities$8,900
Net Assets$10,478
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2020: $90,930Expenses 2020: $89,702Net Income 2020: $1,2282020Revenue 2021: $256,717Expenses 2021: $159,067Net Income 2021: $97,6502021Revenue 2022: $289,786Expenses 2022: $231,332Net Income 2022: $58,4542022Revenue 2023: $290,701Expenses 2023: $341,042Net Income 2023: -$50,3412023Revenue 2024: $457,162Expenses 2024: $436,050Net Income 2024: $21,1122024

Highlighted filing

2020

Revenue$90,930
Expenses$89,702
Net Income$1,228
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Dec 21, 2021
Return Version
2020v4.1
Gross Receipts
$90,930
Mission and Program Overview

Mission

The current media was created by experienced journalists to address a shortfall of in-depth, thoughtful journalism in this area. Further, lafayette and the broader acadiana region lack local ownership among its media organizations. Virtually all of the publishers and broadcasters in this area are owned by interests located outside of the city, many outside of the state. It is vital to preserve locally owned information outlets for the sake of local democracy. The current media's primary activity is publishing high quality, in-depth journalism and tools of civic engagement online and via email.

Program Services

DescriptionGrantsExpenses
PUBLISHING HIGH QUALITY, IN DEPTH JOURNALISM ONLINE AND VIA EMAIL$0$89,702
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTAAN MADERPresidentPT$0--
GUSTAVO REZENDEChair-$0--
DEIADRA GARRETTDirector-$0--
ANDRE ALFREDDirector-$0--
CARLEE ALM-LABARSecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Current Media Inc
EIN
82-2971272
Phone
3372967138
Address
106 MEMORY LANE, LAFAYETTE, LA 70506

Signing Officer

Name
Christiaan Mader
Title
President
Phone
3372967138
Signed
2021-12-21
Discuss with paid preparer
Yes

Preparer

Firm
Broussard Poche Llp
Address
PO BOX 61400, LAFAYETTE, LA 70596-1400
Preparer
Scott J Broussard
Phone
3379884930
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: advertising. Amount: 1,000. Description: bank charges. Amount: 15. Description: insurance. Amount: 2,563. Description: office expenses. Amount: 6,865. Description: taxes & licenses. Amount: 15. Description: dues & subscriptions. Amount: 292. Description: miscellaneous. Amount: 103. Description: credit card fees. Amount: 4,380. Total to form 990-ez, line 16: 15,233.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: unrelated business taxable income 990-t. Amount: 9,250.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: sba eidl loan. Beg. Of year amount: 0. End of year amount: 8,900.”

Raw XML Appendix153 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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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHRISTIAAN MADER
IRS990EZ/BooksInCareOfDetail/PhoneNum03372967138
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0106 MEMORY LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LAFAYETTE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd070506
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt019378
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt090930
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
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IRS990EZ/GrossReceiptsAmt090930
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRISTAAN MADER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GUSTAVO REZENDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DEIADRA GARRETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ANDRE ALFRED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CARLEE ALM-LABAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationFiled990TInd01
IRS990EZ/OrganizationHadUBIInd01
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt09250
IRS990EZ/OtherExpensesTotalAmt015233
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE CURRENT MEDIA WAS CREATED BY EXPERIENCED JOURNALISTS TO ADDRESS A SHORTFALL OF IN-DEPTH, THOUGHTFUL JOURNALISM IN THIS AREA. FURTHER, LAFAYETTE AND THE BROADER ACADIANA REGION LACK LOCAL OWNERSHIP AMONG ITS MEDIA ORGANIZATIONS. VIRTUALLY ALL OF THE PUBLISHERS AND BROADCASTERS IN THIS AREA ARE OWNED BY INTERESTS LOCATED OUTSIDE OF THE CITY, MANY OUTSIDE OF THE STATE. IT IS VITAL TO PRESERVE LOCALLY OWNED INFORMATION OUTLETS FOR THE SAKE OF LOCAL DEMOCRACY. THE CURRENT MEDIA'S PRIMARY ACTIVITY IS PUBLISHING HIGH QUALITY, IN-DEPTH JOURNALISM AND TOOLS OF CIVIC ENGAGEMENT ONLINE AND VIA EMAIL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PUBLISHING HIGH QUALITY, IN DEPTH JOURNALISM ONLINE AND VIA EMAIL
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt089702
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt08900
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt089702
IRS990EZ/TotalProgramServiceExpensesAmt089702
IRS990EZ/TotalRevenueAmt090930
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0THECURRENTLA.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt090930
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt09250
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09250
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt09250
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt090930
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0100180
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0100180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ADVERTISING. AMOUNT: 1,000. DESCRIPTION: BANK CHARGES. AMOUNT: 15. DESCRIPTION: INSURANCE. AMOUNT: 2,563. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 6,865. DESCRIPTION: TAXES & LICENSES. AMOUNT: 15. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 292. DESCRIPTION: MISCELLANEOUS. AMOUNT: 103. DESCRIPTION: CREDIT CARD FEES. AMOUNT: 4,380. TOTAL TO FORM 990-EZ, LINE 16: 15,233.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: UNRELATED BUSINESS TAXABLE INCOME 990-T. AMOUNT: 9,250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: SBA EIDL LOAN. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 8,900.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTIAAN MADER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03372967138
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CURRENT MEDIA INC
ReturnHeader/Filer/BusinessNameControlTxt0CURR
ReturnHeader/Filer/EIN0822971272
ReturnHeader/Filer/PhoneNum03372967138
ReturnHeader/Filer/USAddress/AddressLine1Txt0106 MEMORY LANE
ReturnHeader/Filer/USAddress/CityNm0LAFAYETTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070506
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0720538016
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROUSSARD POCHE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 61400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAFAYETTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0705961400
ReturnHeader/PreparerPersonGrp/PhoneNum03379884930
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT J BROUSSARD
ReturnHeader/ReturnTs02021-12-21T08:59:55-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHRISTIAAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MADER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,378
Liabilities
$8,900
Net assets
$10,478
Revenue
$90,930
Expenses
$89,702
Net income
$1,228
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.53$0.16$1.37$4.57$4.36$0.21
2023Detailed filing. Detailed filing data is available for this year.$1.40$0.24$1.16$2.91$3.41$0.50
2022Detailed filing. Detailed filing data is available for this year.$1.77$0.10$1.67$2.90$2.31$0.58
2021Detailed filing. Detailed filing data is available for this year.$1.20$0.11$1.08$2.57$1.59$0.98
2020Detailed filing. Detailed filing data is available for this year.$0.19$0.09$0.10$0.91$0.90$0.01