Civic Intelligence

Current Affairs Inc.

990 • Fiscal year 2023 • EIN 83-1675720

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 29, 2024

Organization ProfileCURRENTAFFAIRS.ORG
300 Lafayette St Suite 210New Orleans, LA 70130

(941) 544-6377

Siviq Scores

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

Liabilities / Assets

89th percentile

0.42x

Higher debt load relative to assets than 89% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

0.37x

Higher debt load relative to revenue than 91% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

90th percentile

49%

Higher net margin than 90% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

87th percentile

$26,481

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / Assets89th percentile

Assets

$389,420

No earlier filing loaded for comparison.

Net Assets

$225,565

No earlier filing loaded for comparison.

Liabilities

$163,855

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin90th percentile

Revenue

$442,484

No earlier filing loaded for comparison.

Expenses

$225,779

No earlier filing loaded for comparison.

Net Income

$216,705

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.

$400K$300K$200K$100K$0Assets 2023: $389,420Liabilities 2023: $163,855Net Assets 2023: $225,5652023Assets 2024: $368,039Liabilities 2024: $195,588Net Assets 2024: $172,4512024

Highlighted filing

2023

Assets$389,420
Liabilities$163,855
Net Assets$225,565
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2023: $442,484Expenses 2023: $225,779Net Income 2023: $216,7052023Revenue 2024: $540,897Expenses 2024: $594,011Net Income 2024: -$53,1142024

Highlighted filing

2023

Revenue$442,484
Expenses$225,779
Net Income$216,705
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 29, 2024
Return Version
2023v5.1
Gross Receipts
$442,484
Mission and Program Overview

Mission

An American bimonthly magazine that discusses political and cultural topics from a left-wing perspective. The magazine is published in print and online, and also has a podcast, and is funded soley by subscriptions and donations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$132,859$231,097▲ $98,238
Rtn Earn Endowment Incm Other Fnds$-5,406$153,750▲ $159,156
Savings and Temporary Cash Investments-$101,224-
Pd in Cap Srpls Land Bldg Eqp Fund$71,815$71,815→ $0
Land, Buildings, and Equipment, Net$61,811$48,324▼ $13,487
Accounts Receivable$21,829$0▼ $21,829
Prepaid Expenses and Deferred Charges$9,247$8,775▼ $472
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$225,746$389,420▲ $163,674
Other Assets Total-$0-
Liabilities
Other Liabilities$158,287$162,805▲ $4,518
Accounts Payable and Accrued Expenses$1,050$1,050→ $0
Total Liabilities$159,337$163,855▲ $4,518
Net Assets / Fund Balance
Total Net Assets Fund Balance$66,409$225,565▲ $159,156
Total Liabilities and Net Assets / Fund Balance$225,746$389,420▲ $163,674

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$48,324$56,851$105,175
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Nathan RobinsonCEOFT$26,481$26,481

Board Members and Trustees

NameTitle
Jessica ElliottPresident
Paul Waters-smithVice President
Rosemary RobinsonSecretary/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$307,050
Program Service Revenue
$134,210
Investment Income
$1,224
Other Revenue
$0
All Other Contributions
$307,050
Change in Net Assets
$216,705
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$155,749
Salaries, Compensation, and Employee Benefits$70,030
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$50,321$5,384-$55,705
Other Salaries and Wages$35,679$286-$35,965
Current Officers, Directors, Trustees, and Key Employees$13,241$13,240-$26,481
Office Expenses-$16,910-$16,910
Occupancy-$9,244-$9,244
Fees for Services Accounting-$7,178-$7,178
Information Technology-$6,943-$6,943
Depreciation Depletion$6,197--$6,197
Payroll Taxes$3,864$1,068-$4,932
Other Employee Benefits-$2,652-$2,652
Insurance-$2,069-$2,069
Fees for Services Legal-$1,600-$1,600
Other Expenses$7,958$949-$949
Travel$600$18-$618
All Other Expenses$36$339-$375
Advertising-$105-$105
Total Functional Expenses$153,846$71,933$0$225,779
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned Revenue$162,792
Sales Tax Payable$13
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
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, Part VI, Section A, Line 2

“Rosemary robinson is nathan robinson's mother.”

Form 990, Part VI, Section B, Line 11B

“Each member of the board reviews the 990 prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Directors and officers are required to disclose any conflict of interest to the board. Each director shall sign an annual certification acknowledging their understanding and compliamce with the corporation's conflict of interest policy.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Current Affairs Inc
EIN
83-1675720
Phone
9415446377
Address
300 LAFAYETTE ST SUITE 210, NEW ORLEANS, LA 70130

Signing Officer

Name
Nathan Robinson
Title
CEO
Signed
2024-08-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nathan Robinson
Formed
2023
Legal Domicile
De
Voting Board Members
4
Independent Board Members
3
Employees
4

Preparer

Firm
Errol J Dennis Jr & Associates APAC
Address
3636 North Causeway Blvd Suite 100, Metairie, LA 70002
Preparer
Errol J Dennis Jr
Phone
5048331666
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Net loss for Corporation as of 8/7/2023 = -$57549”

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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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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNEARNED REVENUE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt048324
IRS990ScheduleD/TotalLiabilityAmt0162805
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROSEMARY ROBINSON IS NATHAN ROBINSON'S MOTHER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER OF THE BOARD REVIEWS THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST TO THE BOARD. EACH DIRECTOR SHALL SIGN AN ANNUAL CERTIFICATION ACKNOWLEDGING THEIR UNDERSTANDING AND COMPLIAMCE WITH THE CORPORATION'S CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Net loss for Corporation as of 8/7/2023 = -$57549
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0225746
IRS990/TotalAssetsEOYAmt0389420
IRS990/TotalAssetsGrp/BOYAmt0225746
IRS990/TotalAssetsGrp/EOYAmt0389420
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0307050
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt071933
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0153846
IRS990/TotalFunctionalExpensesGrp/TotalAmt0225779
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0159337
IRS990/TotalLiabilitiesEOYAmt0163855
IRS990/TotalLiabilitiesGrp/BOYAmt0159337
IRS990/TotalLiabilitiesGrp/EOYAmt0163855
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt066409
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0225565
IRS990/TotalProgramServiceExpensesAmt0153846
IRS990/TotalProgramServiceRevenueAmt0134210
IRS990/TotalReportableCompFromOrgAmt026481
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0135434
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0442484
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0225746
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0389420
IRS990/TravelGrp/ManagementAndGeneralAmt018
IRS990/TravelGrp/ProgramServicesAmt0600
IRS990/TravelGrp/TotalAmt0618
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0300 LAFAYETTE ST SUITE 210
IRS990/USAddress/CityNm0NEW ORLEANS
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd0701303297
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0CURRENTAFFAIRS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NATHAN ROBINSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CURRENT AFFAIRS INC
ReturnHeader/Filer/BusinessNameControlTxt0CURR
ReturnHeader/Filer/EIN0831675720
ReturnHeader/Filer/PhoneNum09415446377
ReturnHeader/Filer/USAddress/AddressLine1Txt0300 LAFAYETTE ST SUITE 210
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070130
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721324247
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Errol J Dennis Jr & Associates APAC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03636 North Causeway Blvd Suite 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Metairie
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070002
ReturnHeader/PreparerPersonGrp/PhoneNum05048331666
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERROL J DENNIS JR
ReturnHeader/ReturnTs02024-09-03T07:11:00-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-08-08
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$389,420
Liabilities
$163,855
Net assets
$225,565
Revenue
$442,484
Expenses
$225,779
Net income
$216,705
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.68$1.96$1.72$5.41$5.94$0.53
2023Detailed filing. Detailed filing data is available for this year.$3.89$1.64$2.26$4.42$2.26$2.17