THE CURRENT MEDIA INC (EIN 822971272) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

CHRISTIAAN MADER

Phone

3372967138

Tax Period

2023-01-01 to 2023-12-31

THE CURRENT MEDIA INC, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $291K in total revenue in fiscal year 2023. Expenses of $341K exceeded revenue, resulting in a 17% operating deficit.

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 UNDERCURRENT AWARDS HONOR 'WAVEMAKERS' WHO HELP MOVE THE LAFAYETTE COMMUNITY FORWARD AND DEMONSTRATE SELFLESSNESS, CREATIVITY AND A VISION FOR A BETTER LAFAYETTE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $256,478

Program Service Revenue $34,223

Investment Income $0

Other Revenue $0

TOTAL REVENUE $290,701

Expense Breakdown

Grants Paid $0

Salaries & Benefits $155,194

Fundraising Expenses $0

Program Expenses $233,552

Other Expenses $185,848

TOTAL EXPENSES $341,042

Year-over-Year Comparison

	2023	2022	Change
Revenue	$290,701	$289,786	+0.0%
Expenses	$341,042	$231,332	+0.5%
Net Income	$-50,341	$58,454	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$49,668

Total Directors

$49,668

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTIAAN MADER	Director	40.00	Officer Director	$49,668	$0	$49,668
DEIADRA GARRETT	Director	0.00	Director	$0	$0	$0
ANDRE ALFRED	Chairman	0.00	Director	$0	$0	$0
DAVID BEGNAUD	Director	0.00	Director	$0	$0	$0
CARLEE ALM-LABAR	Secretary	0.00	Director	$0	$0	$0
ANGIE HOLAN	Director	0.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$290,701	$341,042	$139,968	$-50,341
2022	$289,786	$231,332	$176,919	$58,454
2021	$256,717	$159,067	$119,540	$97,650

THE CURRENT MEDIA INC