Civic Intelligence

Central Current Inc.

990EZ • Fiscal year 2020 • EIN 86-1656116

Jan 01, 2020 to Dec 31, 2020 • Filed on May 05, 2022

Organization ProfileCENTRALCURRENT.ORG
110 West Fayette Street No 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.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Liabilities / Revenue

47th percentile

0.00x

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

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Net Margin

75th percentile

28%

Higher net margin than 75% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2020 filings • NTEE A • <$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 / Assets48th percentile

Assets

$5,951

No earlier filing loaded for comparison.

Net Assets

$5,951

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin75th percentile

Revenue

$21,000

No earlier filing loaded for comparison.

Expenses

$15,049

No earlier filing loaded for comparison.

Net Income

$5,951

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.

$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

2020

Assets$5,951
Liabilities$0
Net Assets$5,951
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: $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

2020

Revenue$21,000
Expenses$15,049
Net Income$5,951
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 5, 2022
Return Version
2020v4.2
Gross Receipts
$21,000
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 Pay73rd 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 NO 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: 15,049.”

Raw XML Appendix141 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LAURENCE BOUSQUET
IRS990EZ/BooksInCareOfDetail/PhoneNum03157016383
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0110 WEST FAYETTE STREET SUITE 1000
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SYRACUSE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd013202
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05951
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt021000
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt05951
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05951
IRS990EZ/GrossReceiptsAmt021000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05951
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05951
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANTHONY MALAVENDA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LAURENCE BOUSQUET
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROOSEVELT WRIGHT JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARY D'AMBROSIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY AND TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt015049
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0UTILIZE 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt015049
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt021000
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0CENTRALCURRENT.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE INITIAL YEAR OF OPERATIONS BEGAN UPON THE ENTITY'S FORMATION ON AUGUST 19, 2020 AND THE ORGANIZATION DECLARED AN ACOCUNTING AND TAX PERIOD ENDING DECEMBER 31.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt021000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt021000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt021000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt021000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021000
IRS990ScheduleA/TotalSupportAmt021000
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CONSULTING FEES. AMOUNT: 15,049.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURENCE BOUSQUET
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03157016383
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CENTRAL CURRENT INC
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0861656116
ReturnHeader/Filer/PhoneNum03157016383
ReturnHeader/Filer/USAddress/AddressLine1Txt0110 WEST FAYETTE STREET NO 1000
ReturnHeader/Filer/USAddress/CityNm0SYRACUSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd013202
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/ReturnTs02022-05-09T14:15:07-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LAURENCE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BOUSQUET
ReturnHeader/TaxPeriodBeginDt02020-08-19
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
$5,951
Liabilities
$0
Net assets
$5,951
Revenue
$21,000
Expenses
$15,049
Net income
$5,951
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