Civic Intelligence

Compton Magic

990 • Fiscal year 2017 • EIN 71-0948123

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

PO Box 77906Corona, CA 92877

(909) 279-9188

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.39x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

79th percentile

0.07x

Higher debt load relative to revenue than 79% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

77th percentile

21%

Higher net margin than 77% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

75th percentile

25%

Faster asset growth than 75% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

48th percentile

0.1%

Faster revenue growth than 48% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$39,740

Up $8,001 (+25%) from 2016

Net Assets

Up

$24,309

Up $6,507 (+37%) from 2016

Liabilities

Up

$15,431

Up $1,494 (+11%) from 2016

Revenue

Up

$231,645

Up $129 (+0.1%) from 2016

Expenses

Down

$181,981

Down $26,122 (-13%) from 2016

Net Income

Up

$49,664

Up $26,251 (+112%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50KAssets 2009: -$385Liabilities 2009: $11,937Net Assets 2009: -$12,3222009Assets 2010: $1Liabilities 2010: $0Net Assets 2010: $02010Assets 2011: $0Liabilities 2011: $938Net Assets 2011: -$9382011Assets 2012: $0Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: -$124Liabilities 2013: $0Net Assets 2013: -$1242013Assets 2014: $3,930Liabilities 2014: $0Net Assets 2014: $3,9302014Assets 2015: $391Liabilities 2015: $0Net Assets 2015: $3912015Assets 2016: $31,739Liabilities 2016: $13,937Net Assets 2016: $17,8022016Assets 2017: $39,740Liabilities 2017: $15,431Net Assets 2017: $24,3092017Assets 2018: $33,203Liabilities 2018: $14,818Net Assets 2018: $18,3852018Assets 2019: $30,062Liabilities 2019: $25,929Net Assets 2019: $4,1332019Assets 2020: $56,875Liabilities 2020: $25,167Net Assets 2020: $31,7082020Assets 2021: $17,909Liabilities 2021: $0Net Assets 2021: $17,9092021Assets 2022: $24,556Liabilities 2022: $44,828Net Assets 2022: -$20,2722022Assets 2023: $23,534Liabilities 2023: $12,122Net Assets 2023: $11,4122023Assets 2024: $92,462Liabilities 2024: $20,113Net Assets 2024: $72,3492024

Highlighted filing

2017

Assets$39,740
Liabilities$15,431
Net Assets$24,309

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2009: $48,950Expenses 2009: $49,488Net Income 2009: -$5382009Revenue 2010: $159,188Expenses 2010: $155,724Net Income 2010: $3,4642010Revenue 2011: $82,455Expenses 2011: $83,393Net Income 2011: -$9382011Revenue 2012: $76,720Expenses 2012: $83,014Net Income 2012: -$6,2942012Revenue 2013: $79,325Expenses 2013: $79,449Net Income 2013: -$1242013Revenue 2014: $70,435Expenses 2014: $66,505Net Income 2014: $3,9302014Revenue 2015: $75,277Expenses 2015: $74,886Net Income 2015: $3912015Revenue 2016: $231,516Expenses 2016: $208,103Net Income 2016: $23,4132016Revenue 2017: $231,645Expenses 2017: $181,981Net Income 2017: $49,6642017Revenue 2018: $209,648Expenses 2018: $215,572Net Income 2018: -$5,9242018Revenue 2019: $196,000Expenses 2019: $201,962Net Income 2019: -$5,9622019Revenue 2020: $177,045Expenses 2020: $149,470Net Income 2020: $27,5752020Revenue 2021: $211,000Expenses 2021: $224,799Net Income 2021: -$13,7992021Revenue 2022: $294,499Expenses 2022: $292,146Net Income 2022: $2,3532022Revenue 2023: $307,541Expenses 2023: $303,502Net Income 2023: $4,0392023Revenue 2024: $452,074Expenses 2024: $355,622Net Income 2024: $96,4522024

Highlighted filing

2017

Revenue$231,645
Expenses$181,981
Net Income$49,664
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.3
Gross Receipts
$231,645
Mission and Program Overview

Mission

The primary purpose of the organization is to serve the community through supporting youth education by developing and maintaining a youth and amateur basketball program designed to assist in obtaining university athletic scholarships. The organization also engages in other community outreach initiatives through the continued mentoring and involvement of its program alumni.

Youth team sports equipment transportation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$17,802$24,309▲ $6,507
Other Notes and Loans Receivable, Net$16,706$16,706→ $0
Cash and Non-Interest-Bearing Accounts$15,033$8,530▼ $6,503
Total Assets$31,739$39,740▲ $8,001
Other Assets Total-$14,504-
Liabilities
Accounts Payable and Accrued Expenses$13,937$15,431▲ $1,494
Total Liabilities$13,937$15,431▲ $1,494
Net Assets / Fund Balance
Total Net Assets Fund Balance$17,802$24,309▲ $6,507
Total Liabilities and Net Assets / Fund Balance$31,739$39,740▲ $8,001

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$14,504--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Etop Udo-emaPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$231,645
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$231,645
Change in Net Assets
$49,664
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$181,981
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$176,747--$176,747
Fees for Services Accounting$4,120--$4,120
Interest$1,114--$1,114
Total Functional Expenses$181,981$0$0$181,981
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Compton Magic
EIN
71-0948123
Phone
9092799188
Address
PO BOX 77906, CORONA, CA 92877

Signing Officer

Name
Etop Udo-ema
Title
President
Phone
9092799188
Signed
2018-05-15

Organization Details

Principal Officer
Etop Udo-ema
Voting Board Members
1
Independent Board Members
1
Employees
0

Preparer

Firm
Tax Plus
Address
12803 VENICE BLVD, MAR VISTA, CA 90066
Preparer
Tony Navarro
Phone
3103983231
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Support for educational services through team sports.

Form 990, Part IX, Line 11G

Advertising 940 0 0 auto 2,487 0 0 bank charges 1,887 0 0 business registration fee 1,240 0 0 donation 4,000 0 0 dues & subscription 123 0 0 event fees 7,328 0 0 outside contract services 53,364 0 0 supplies expenses 5,407 0 0 travel 99,971 0 0 total 176,747 0 0

Form 990, Part XI, Line 9

-43,157

Raw XML Appendix227 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.

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IRS990ScheduleD/TotalBookValueOtherAssetsAmt014504
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADVERTISING 940 0 0 AUTO 2,487 0 0 BANK CHARGES 1,887 0 0 BUSINESS REGISTRATION FEE 1,240 0 0 DONATION 4,000 0 0 DUES & SUBSCRIPTION 123 0 0 EVENT FEES 7,328 0 0 OUTSIDE CONTRACT SERVICES 53,364 0 0 SUPPLIES EXPENSES 5,407 0 0 TRAVEL 99,971 0 0 TOTAL 176,747 0 0
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.92$0.20$0.72$4.52$3.56$0.96
2023Detailed filing. Detailed filing data is available for this year.$0.24$0.12$0.11$3.08$3.04$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.25$0.45$0.20$2.94$2.92$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$2.11$2.25$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.57$0.25$0.32$1.77$1.49$0.28
2019Detailed filing. Detailed filing data is available for this year.$0.30$0.26$0.04$1.96$2.02$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.33$0.15$0.18$2.10$2.16$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.40$0.15$0.24$2.32$1.82$0.50
2016Detailed filing. Detailed filing data is available for this year.$0.32$0.14$0.18$2.32$2.08$0.23
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.75$0.75$0.00
2014Summary only. Only limited summary data is available for this year.$0.04$0.00$0.04$0.70$0.67$0.04
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.79$0.79$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.77$0.83$0.06
2011Summary only. Only limited summary data is available for this year.$0.00$0.01$0.01$0.82$0.83$0.01
2010Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$1.59$1.56$0.03
2009Summary only. Only limited summary data is available for this year.$0.00$0.12$0.12$0.49$0.49$0.01