Civic Intelligence

Central Current Inc.

990EZ • Fiscal year 2021 • EIN 86-1656116

Jan 01, 2021 to Dec 31, 2021 • Filed on May 05, 2022

Organization ProfileCENTRALCURRENT.ORG
110 West Fayette Street 1000Syracuse, NY 13202

(315) 701-6383

Siviq Scores

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

Liabilities / Assets

48th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Liabilities / Revenue

48th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Net Margin

79th percentile

41%

Higher net margin than 79% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Asset Growth

97th percentile

805%

Faster asset growth than 97% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

95th percentile

456%

Faster revenue growth than 95% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets48th percentile

Assets

Up

$53,873

Up $47,922 (+805%) from 2020

Net Assets

Up

$53,873

Up $47,922 (+805%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue48th percentileNet Margin79th percentile

Revenue

Up

$116,841

Up $95,841 (+456%) from 2020

Expenses

Up

$68,919

Up $53,870 (+358%) from 2020

Net Income

Up

$47,922

Up $41,971 (+705%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$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

2021

Assets$53,873
Liabilities$0
Net Assets$53,873
Open 2021 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$116,841
Expenses$68,919
Net Income$47,922
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 5, 2022
Return Version
2021v4.2
Gross Receipts
$174,919
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.

Program Services

DescriptionGrantsExpenses
UTILIZE THE FULL CAPABILITIES OF THE INTERNET TO PUBLISH AND DISTRIBUTE QUALITY JOURNALISM AND PRODUCE MEANINGFUL STORIES THROUGH WRITING, PHOTOGRAPHY AND OTHER FORMS OF MEDIA AND TO OFFER PROGRAMS AND EVENTS TO FOSTER AND FACILITATE AUDIENCE INTERACTION ON THE ISSUES THAT ARE COVERED.$0$0
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANTHONY MALAVENDAChair-$0--
LAURENCE BOUSQUETSecretary And Treasurer-$0--
ROOSEVELT WRIGHT JRVice Chair-$0--
MARY D'AMBROSIODirector-$0--
Filing and Contact Details

Filer

Filer Name
Central Current Inc
EIN
86-1656116
Phone
3157016383
Address
110 WEST FAYETTE STREET 1000, SYRACUSE, NY 13202

Signing Officer

Name
Laurence Bousquet
Title
Treasurer
Phone
3157016383
Signed
2022-05-05
Discuss with paid preparer
Yes

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-ez, Part I, Line 16 - Other Expenses

“Description: consulting fees. Amount: 62,000. Description: insurance expense. Amount: 2,794. Description: office expense. Amount: 3,500. Total to form 990-ez, line 16: 68,294.”

Raw XML Appendix145 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/PhoneNum03157016383
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SYRACUSE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANTHONY MALAVENDA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LAURENCE BOUSQUET
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROOSEVELT WRIGHT JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARY D'AMBROSIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt068294
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO 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.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt057905
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0117014
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt021000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CONSULTING FEES. AMOUNT: 62,000. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 2,794. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 3,500. TOTAL TO FORM 990-EZ, LINE 16: 68,294.
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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/ReturnTs02022-05-09T14:16:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,873
Liabilities
$0
Net assets
$53,873
Revenue
$116,841
Expenses
$68,919
Net income
$47,922
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