Magic Sports (EIN 300413742) - 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

2006

Legal Domicile

Principal Officer

Jordan Kazmann

Phone

5126560468

Tax Period

2024-01-01 to 2024-12-31

Magic Sports, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $217K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $259K exceeded revenue, resulting in a 19% operating deficit.

Mission

Foster national and international amateur sports competition, and to conduct national and international competition in sports. Support and develop amateur athletes for the competition.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $217,347

Investment Income $0

Other Revenue $0

TOTAL REVENUE $217,347

Expense Breakdown

Grants Paid $0

Salaries & Benefits $53,127

Fundraising Expenses $0

Program Expenses $259,450

Other Expenses $206,323

TOTAL EXPENSES $259,450

Year-over-Year Comparison

	2024	2023	Change
Revenue	$217,347	$259,215	-0.2%
Expenses	$259,450	$269,194	0.0%
Net Income	$-42,103	$-9,979	+3.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Madeline Kazmann	Director	40.00	Director	$0	$0	$0
Jordan Kazmann	Director	30.00	Officer 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	$217,347	$259,450	$179,274	$-42,103
2023	$259,215	$269,194	$218,301	$-9,979
2022	$266,450	$296,687	$249,716	$-30,237
2021	$328,973	$276,452	$275,776	$52,521
2020	$255,168	$238,257	$203,257	$16,911
2019	$315,417	$275,102	$190,743	$40,315
2018	$241,035	$249,351	$152,841	$-8,316

Magic Sports