Civic Intelligence

Central Current Inc

EIN 86-1656116 • 501(c)3 • Syracuse, NY

Profile

Central current, inc. Is a nonprofit,nonpartisan news organization dedicated to bringing independent online news to central new york. We provide fact-based news and analysis about the challenges, solutions and opportunities we all share living in central new york. Our news and multimedia storytelling is exclusively published and distributed online through our website, newsletters and social media. We strive to be an inclusive and responsive resource for news and information. Our goal is to foster civic engagement and democratic governance, and to help build a more prosperous and healthy community.

PO Box 1258Syracuse, NY 13201

centralcurrent.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.16x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.04x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

26th percentile

-16%

Higher net margin than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

76th percentile

19%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2024

Revenue Growth

84th percentile

47%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2024

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$91,302

Down $49,938 (-35%) from 2023

Liabilities

Up

$14,337

Up $8,390 (+141%) from 2023

Net Assets

Down

$76,965

Down $58,328 (-43%) from 2023

Operations
Liabilities / Revenue76th percentileNet Margin26th percentile

Revenue

Down

$373,915

Down $19,789 (-5.0%) from 2023

Expenses

Up

$432,243

Up $41,835 (+11%) from 2023

Net Income

Down

-$58,328

Down $61,624 (-1870%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth76th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2020: $5,951Liabilities 2020: $0Net Assets 2020: $5,9512020Assets 2021: $53,873Liabilities 2021: $0Net Assets 2021: $53,8732021Assets 2022: $139,324Liabilities 2022: $7,327Net Assets 2022: $131,9972022Assets 2023: $141,240Liabilities 2023: $5,947Net Assets 2023: $135,2932023Assets 2024: $91,302Liabilities 2024: $14,337Net Assets 2024: $76,9652024

Highlighted filing

2024

Assets$91,302
Liabilities$14,337
Net Assets$76,965
Open 2024 Filing

Operations Trend

Revenue Growth84th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2020: $21,000Expenses 2020: $15,049Net Income 2020: $5,9512020Revenue 2021: $116,841Expenses 2021: $68,919Net Income 2021: $47,9222021Revenue 2022: $328,765Expenses 2022: $250,641Net Income 2022: $78,1242022Revenue 2023: $393,704Expenses 2023: $390,408Net Income 2023: $3,2962023Revenue 2024: $373,915Expenses 2024: $432,243Net Income 2024: -$58,3282024

Highlighted filing

2024

Revenue$373,915
Expenses$432,243
Net Income-$58,328
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$91,302
Liabilities
$14,337
Net assets
$76,965
Revenue
$373,915
Expenses
$432,243
Net income
-$58,328
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.91$0.14$0.77$3.74$4.32$0.58
2023Detailed filing. Detailed filing data is available for this year.$1.41$0.06$1.35$3.94$3.90$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.39$0.07$1.32$3.29$2.51$0.78
2021Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$1.17$0.69$0.48
2020Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.21$0.15$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 17, 2025
Return Version
2024v5.1
Gross Receipts
$373,915
Mission and Program Overview

Mission

To provide education for the benefit of our readership and viewership of the kind that can only be delivered through the application of sound journalistic principles to fact-based news, opinion and analysis about the issues, events and life in syracuse and central new york.

Central current, inc. Is a nonprofit,nonpartisan news organization dedicated to bringing independent online news to central new york by publishing articles, photographs, and audio through its website, newsletters and social media.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$135,139$80,136▼ $55,003
Prepaid Expenses and Deferred Charges-$7,061-
Accounts Receivable$6,000$4,004▼ $1,996
Savings and Temporary Cash Investments$101$101→ $0
Total Assets$141,240$91,302▼ $49,938
Liabilities
Accounts Payable and Accrued Expenses$5,947$14,337▲ $8,390
Total Liabilities$5,947$14,337▲ $8,390
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$132,957$69,945▼ $63,012
Net Assets With Donor Restrictions$2,336$7,020▲ $4,684
Total Net Assets Fund Balance$135,293$76,965▼ $58,328
Total Liabilities and Net Assets / Fund Balance$141,240$91,302▼ $49,938
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maximilian EyleExecutive DirectorFT$57,077$7,264$64,341

Board Members and Trustees

NameTitle
Roosevelt Rick Wright JrChair
Stephanie PasqualeVice Chair
Anthony MalavendaBoard Member
Laura LavineBoard Member
Samuel RowserBoard Member
Sapna KollaliBoard Member
Patrick MannionSecretary
Laurence BousquetTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$373,915
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$373,915
Change in Net Assets
$-58,328
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$282,566
Other Expenses$116,677
Total Fundraising Expense$68,669
Professional Fundraising Fees$33,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$147,486$25,288-$172,774
Current Officers, Directors, Trustees, and Key Employees-$33,099$31,242$64,341
Fees for Services Other-$52,105-$52,105
Fees for Services Professional Fundraising--$33,000$33,000
Other Employee Benefits$22,238$2,359$508$25,105
Payroll Taxes$13,055$4,811$2,480$20,346
Occupancy$12,068$3,863-$15,931
Office Expenses$2,144$6,954$1,439$10,537
Conferences and Meetings$5,009$5,009-$10,018
Fees for Services Accounting-$9,045-$9,045
Insurance$3,105$4,612-$7,717
Other Expenses$2,860--$2,860
Travel$103$977-$1,080
Total Functional Expenses$215,452$148,122$68,669$432,243
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$33,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
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 B, Line 11B

“The form 990 is provided electronically to all board members and reviewed at a duly called meeting of the board with assistance of treasurer and chief of staff.”

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

“The board members are required to sign a conflict of interest form annually.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents and financials are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Central Current Inc
EIN
86-1656116
Phone
3157016383
Address
PO BOX 1258, SYRACUSE, NY 13201

Signing Officer

Name
Laurence Bousquet
Title
Treasurer
Phone
3157016383
Signed
2025-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roosevelt Wright Jr
Formed
2020
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
9
Volunteers
0

Preparer

Firm
Grossman St Amour Cpas Pllc
Address
110 WEST FAYETTE STREET SUITE 900, SYRACUSE, NY 13202
Preparer
Christina R Ondrako CPA
Phone
3154241120
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Independent contractor: program service expenses 0. Management and general expenses 50,355. Fundraising expenses 0. Total expenses 50,355. Other professional fees: program service expenses 0. Management and general expenses 1,750. Fundraising expenses 0. Total expenses 1,750.”

Financial Statement Notes

PART X, LINE 2:

“The organization follows fasb asc sub-topic 740-19, income taxes, which requires that a tax position be recognized or derecognized on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return including maintaining tax-exempt status. Central current believes its financial statements do not include any uncertain tax positions that qualify for either recognition or disclosure in the financial statements as of and for the year ended december 31, 2024.”

Raw XML Appendix398 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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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0101
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0101
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0373915
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0393704
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0328765
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0117014
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt021000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01234398
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01234398
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0373915
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0393704
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0328765
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0117014
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt021000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01234398
IRS990ScheduleA/TotalSupportAmt01234398
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS FASB ASC SUB-TOPIC 740-19, INCOME TAXES, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN INCLUDING MAINTAINING TAX-EXEMPT STATUS. CENTRAL CURRENT BELIEVES ITS FINANCIAL STATEMENTS DO NOT INCLUDE ANY UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0PROVIDE FUNDRAISING COUNSEL
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt033000
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0NEWS REVENUE HUBINC
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0302 WASHINGTON ST150-5977
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0SAN DIEGO
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd092103
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0NY
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0PROVIDED ADVICE ONLY ON RANGE OF ACTIVITIES.
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE G, PART I, LINE 2B, COLUMN (V)
IRS990ScheduleG/TotalNetToOrganizationAmt033000
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PROVIDED ELECTRONICALLY TO ALL BOARD MEMBERS AND REVIEWED AT A DULY CALLED MEETING OF THE BOARD WITH ASSISTANCE OF TREASURER AND CHIEF OF STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST FORM ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIALS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INDEPENDENT CONTRACTOR: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 50,355. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,355. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,750. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,750.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0141240
IRS990/TotalAssetsEOYAmt091302
IRS990/TotalAssetsGrp/BOYAmt0141240
IRS990/TotalAssetsGrp/EOYAmt091302
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0373915
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt068669
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0148122
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0215452
IRS990/TotalFunctionalExpensesGrp/TotalAmt0432243
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05947
IRS990/TotalLiabilitiesEOYAmt014337
IRS990/TotalLiabilitiesGrp/BOYAmt05947
IRS990/TotalLiabilitiesGrp/EOYAmt014337
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0135293
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt076965
IRS990/TotalOtherCompensationAmt07264
IRS990/TotalProgramServiceExpensesAmt0215452
IRS990/TotalReportableCompFromOrgAmt057077
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0373915
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0141240
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt091302
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0977
IRS990/TravelGrp/ProgramServicesAmt0103
IRS990/TravelGrp/TotalAmt01080
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1258
IRS990/USAddress/CityNm0SYRACUSE
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd013201
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0CENTRALCURRENT.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURENCE BOUSQUET
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03157016383
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CENTRAL CURRENT INC
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0861656116
ReturnHeader/Filer/PhoneNum03157016383
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1258
ReturnHeader/Filer/USAddress/CityNm0SYRACUSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd013201
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460475780
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GROSSMAN ST AMOUR CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 WEST FAYETTE STREET SUITE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SYRACUSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd013202
ReturnHeader/PreparerPersonGrp/PhoneNum03154241120
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINA R ONDRAKO CPA
ReturnHeader/ReturnTs02025-06-18T11:34:28-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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