MAGIC CITY SOCCER CLUB INC

EIN: 810414547 501(c)(3)

BILLINGS, MT

Total Revenue
$511,510
Total Expenses
$636,983
Total Assets
$111,861
Net Assets
$107,806
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
MT
Principal Officer
CHELSEA MIRON
Phone
4062949480
Tax Period
2024-01-01 to 2024-12-31

MAGIC CITY SOCCER CLUB INC, founded in 1978, is a small nonprofit that reported $512K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $637K exceeded revenue, resulting in a 25% operating deficit.

Mission

BILLINGS UNITED SOCCER CLUB EXISTS TO PROMOTE THE SPORT OF SOCCER IN BILLINGS AND MONTANA, BY PROVIDING PROGRAMMING AND LEAGUE PLAY FOR INDIVIDUALS OF ALL ABILITIES AND LEVELS OF COMMITMENT.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $500
Program Service Revenue $508,216
Investment Income $2,794
Other Revenue $0
TOTAL REVENUE $511,510

Expense Breakdown

Grants Paid $900
Salaries & Benefits $223,796
Fundraising Expenses $0
Program Expenses $551,182
Other Expenses $412,287
TOTAL EXPENSES $636,983

Year-over-Year Comparison

2024 2023 Change
Revenue $511,510 $581,990 -0.1%
Expenses $636,983 $640,328 0.0%
Net Income $-125,473 $-58,338 +1.2%
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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Governance

Voting Members
11
Independent Members
11
Employees
41
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
7
$55,105
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEVI WICKS MEMBER AT LARGE 2.00
Director
$0 $0 $0
LARRY MARTIN MEMBER AT LARGE 2.00
Director
$0 $0 $0
CHELSEA MIRON MEMBER AT LARGE 2.00
Director
$0 $0 $0
KARL DECOCK MEMBER AT LARGE 2.00
Director
$0 $0 $0
JIM BENTLER MEMBER AT LARGE 2.00
Director
$0 $0 $0
AMANDA SOWDEN MEMBER AT LARGE 2.00
Director
$0 $0 $0
ANTHONY KUTZLER MEMBER AT LARGE 2.00
Director
$0 $0 $0
KYLAN COUGHLAN MEMBER AT LARGE 2.00
Director
$0 $0 $0
BRYAN HUTCHISON MEMBER AT LARGE 2.00
Director
$0 $0 $0
CHELSEA MIRON BOARD CHAIR 5.00
Officer
$0 $0 $0
LISA MAYNARD VICE CHAIR 5.00
Officer
$0 $0 $0
VALARY OBERT TREASURER 5.00
Officer
$0 $0 $0
SHANE SHLEDON SECRETARY 5.00
Officer
$0 $0 $0
PAUL MIRON TREASURER 5.00
Officer
$0 $0 $0
NATE TRACEY BOARD CHAIR 5.00
Officer
$0 $0 $0
JESSICA FRENCH EXECUTIVE DIRECTOR 40.00
Officer
$55,105 $0 $55,105
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 $511,510 $636,983 $111,861 $-125,473
2023 $581,990 $640,328 $257,046 $-58,338
2022 $610,300 $611,966 $296,062 $-1,666
2021 $729,853 $589,769 $298,611 $140,084
2020 $438,212 $459,532 $185,977 $-21,320
2019 $569,630 $620,082 $178,627 $-50,452
2018 $680,205 $648,028 $229,500 $32,177
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