MAGIC BASKETBALL CLUB INC (EIN 810595934) - 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

2005

Legal Domicile

Phone

5128441091

Tax Period

2024-01-01 to 2024-12-31

MAGIC BASKETBALL CLUB INC, founded in 2005, is a small nonprofit in the Recreation & Sports sector that reported $665K in total revenue in fiscal year 2024. Expenses of $608K left a modest 9% surplus.

Mission

Promotes college and career readiness and positive mental and physical health habits for children through participation in the sport of basketball.

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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 $662,790

Program Service Revenue $0

Investment Income $2,217

Other Revenue $0

TOTAL REVENUE $665,007

Expense Breakdown

Grants Paid $0

Salaries & Benefits $86,185

Fundraising Expenses $0

Program Expenses $565,946

Other Expenses $521,968

TOTAL EXPENSES $608,153

Year-over-Year Comparison

	2024	2023	Change
Revenue	$665,007	$623,053	+0.1%
Expenses	$608,153	$488,174	+0.2%
Net Income	$56,854	$134,879	-0.6%

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

$56,970

Total Directors

$56,970

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY BURNETT	COO EXEC DIRECTOR	40.00	Officer Director	$28,710	$0	$28,710
TAMIE FELTY	CEO PRESIDENT	40.00	Officer Director	$28,260	$0	$28,260
EDDIE MARTINEZ	TREASURER	5.00	Officer Director	$0	$0	$0
MONICA MARTINEZ	SECRETARY	2.00	Officer	$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	$665,007	$608,153	$400,797	$56,854
2023	$623,053	$488,174	$265,902	$134,879
2022	$509,307	$409,138	$125,030	$100,169
2021	$302,214	$299,924	$23,821	$2,290
2020	$211,214	$204,540	$21,531	$6,674
2019	$249,442	$243,788	$14,857	$5,654
2018	$209,898	$209,463	$9,203	$435

MAGIC BASKETBALL CLUB INC