Civic Intelligence

Austin Lady Magic Basketball Club

EIN 81-0595934 • 501(c)3 • Austin, TX

Profile

Teaching Basketball skills to girls ages 11-17.

PO Box 170654Austin, TX 78717

www.austinladymagic.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

76th percentile

0.21x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.13x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

58th percentile

8.5%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

61st percentile

$28,710

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

88th percentile

51%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

6.7%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$400,797

Up $134,895 (+51%) from 2023

Liabilities

Up

$85,074

Up $78,041 (+1110%) from 2023

Net Assets

Up

$315,723

Up $56,854 (+22%) from 2023

Revenue

Up

$665,007

Up $41,954 (+6.7%) from 2023

Expenses

Up

$608,153

Up $119,979 (+25%) from 2023

Net Income

Down

$56,854

Down $78,025 (-58%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $5,703Net Assets 2010: $5,7032010Assets 2011: $4,275Net Assets 2011: $4,2752011Assets 2012: $5,374Net Assets 2012: $5,3742012Assets 2013: $6,074Net Assets 2013: $6,0742013Assets 2014: $3,437Liabilities 2014: $0Net Assets 2014: $3,4372014Assets 2015: $5,383Liabilities 2015: $0Net Assets 2015: $5,3832015Assets 2016: $10,257Liabilities 2016: $0Net Assets 2016: $10,2572016Assets 2017: $8,768Liabilities 2017: $0Net Assets 2017: $8,7682017Assets 2018: $9,203Liabilities 2018: $0Net Assets 2018: $9,2032018Assets 2019: $14,857Liabilities 2019: $0Net Assets 2019: $14,8572019Assets 2020: $21,531Liabilities 2020: $0Net Assets 2020: $21,5312020Assets 2021: $23,821Liabilities 2021: $0Net Assets 2021: $23,8212021Assets 2022: $125,030Liabilities 2022: $1,040Net Assets 2022: $123,9902022Assets 2023: $265,902Liabilities 2023: $7,033Net Assets 2023: $258,8692023Assets 2024: $400,797Liabilities 2024: $85,074Net Assets 2024: $315,7232024

Highlighted filing

2024

Assets$400,797
Liabilities$85,074
Net Assets$315,723

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2010: $106,704Expenses 2010: $108,173Net Income 2010: -$1,4692010Revenue 2011: $121,187Expenses 2011: $122,615Net Income 2011: -$1,4282011Revenue 2012: $119,701Expenses 2012: $118,602Net Income 2012: $1,0992012Revenue 2013: $159,233Expenses 2013: $158,533Net Income 2013: $7002013Revenue 2014: $145,894Expenses 2014: $148,531Net Income 2014: -$2,6372014Revenue 2015: $158,611Expenses 2015: $156,665Net Income 2015: $1,9462015Revenue 2016: $182,049Expenses 2016: $177,175Net Income 2016: $4,8742016Revenue 2017: $221,249Expenses 2017: $222,738Net Income 2017: -$1,4892017Revenue 2018: $209,898Expenses 2018: $209,463Net Income 2018: $4352018Revenue 2019: $249,442Expenses 2019: $243,788Net Income 2019: $5,6542019Revenue 2020: $211,214Expenses 2020: $204,540Net Income 2020: $6,6742020Revenue 2021: $302,214Expenses 2021: $299,924Net Income 2021: $2,2902021Revenue 2022: $509,307Expenses 2022: $409,138Net Income 2022: $100,1692022Revenue 2023: $623,053Expenses 2023: $488,174Net Income 2023: $134,8792023Revenue 2024: $665,007Expenses 2024: $608,153Net Income 2024: $56,8542024

Highlighted filing

2024

Revenue$665,007
Expenses$608,153
Net Income$56,854

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.01$0.85$3.16$6.65$6.08$0.57
2023Summary only. Only limited summary data is available for this year.$2.66$0.07$2.59$6.23$4.88$1.35
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.01$1.24$5.09$4.09$1.00
2021Summary only. Only limited summary data is available for this year.$0.24$0.00$0.24$3.02$3.00$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.00$0.22$2.11$2.05$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.00$0.15$2.49$2.44$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.00$0.09$2.10$2.09$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.00$0.09$2.21$2.23$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.82$1.77$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.00$0.05$1.59$1.57$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.46$1.49$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.06$0.06$1.59$1.59$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.05$1.20$1.19$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.04$1.21$1.23$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.06$1.07$1.08$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 15, 2025
Return Version
2024v5.2
Gross Receipts
$665,007
Mission and Program Overview

Mission

Instruction of Basketball skills

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$329,656-
Savings and Temporary Cash Investments$152,008$44,996▼ $107,012
Cash and Non-Interest-Bearing Accounts$110,466$22,717▼ $87,749
Total Assets$265,902$400,797▲ $134,895
Other Assets Total$3,428$3,428→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property-$74,909-
Accounts Payable and Accrued Expenses$7,033$10,165▲ $3,132
Total Liabilities$7,033$85,074▲ $78,041
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$258,869$315,723▲ $56,854
Total Net Assets Fund Balance$258,869$315,723▲ $56,854
Total Liabilities and Net Assets / Fund Balance$265,902$400,797▲ $134,895

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$306,298$985-
Land$14,717--
Equipment$5,686$103-
Leasehold Improvements$2,955$10-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Amy BurnettCOO Exec DirectorFT$28,710$28,710
Tamie FeltyCEO PresidentFT$28,260$28,260

Board Members and Trustees

NameTitle
Monica MartinezSecretary
Eddie MartinezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$662,790
Program Service Revenue
$0
Investment Income
$2,217
Other Revenue
$0
All Other Contributions
$662,790
Change in Net Assets
$56,854
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$521,968
Salaries, Compensation, and Employee Benefits$86,185
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$197,708--$197,708
Fees for Services Other$146,955--$146,955
Travel$64,252--$64,252
Current Officers, Directors, Trustees, and Key Employees$56,970--$56,970
Office Expenses$3,021$41,310-$44,331
Other Salaries and Wages$23,090--$23,090
Payroll Taxes$6,125--$6,125
Advertising$3,785$622-$4,407
Other Expenses$3,993--$3,993
Depreciation Depletion$1,098--$1,098
Fees for Services Accounting-$275-$275
Total Functional Expenses$565,946$42,207$0$608,153
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
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

One of the board members is a sister to the Executive Director.

Form 990 governing body review Part VI line 11

The governing documents allow the Executive Director to review Form 990 before it is filed and does not require the members of the Board of Directors to also review.

Conflict of interest policy compliance Part VI line 12C

The organization has adopted a conflict of interest policy.

CEO executive director top management comp Part VI line 15A

Compensation is based on local market comparisons for the position and approved by the Board of Directors, in writing through the minutes of the meeting.

Other officer or key employee compensation Part VI line 15B

Compensation is based on local market comparisons for the position and approved by the Board of Directors, in writing through the minutes of the meeting.

Governing documents etc available to public Part VI line 19

Members of the general public who wish to see the governing documents of the organization should either call or email the Executive Director to request copies.

Filing and Contact Details

Filer

Filer Name
Magic Basketball Club Inc
EIN
81-0595934
In Care Of
% TAMIE FELTY
Phone
5128441091
Address
PO BOX 170654, Austin, TX 78717

Signing Officer

Name
Tamie Felty
Title
CEO President
Phone
5128441091
Signed
2025-10-15
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
4

Preparer

Firm
The Financial Interior LLP
Address
PO BOX 82189, Austin, TX 78708
Preparer
Victor Villalobos CPA
Phone
5129001826
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Fees for services included coaches and similar contractors for assisting and training with our club participants.

Raw XML Appendix341 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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IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0326717
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0211214
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02335298
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0306298
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0985
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0307283
IRS990ScheduleD/EquipmentGrp/BookValueAmt05686
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0103
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt05789
IRS990ScheduleD/LandGrp/BookValueAmt014717
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt014717
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02955
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt02965
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0329656
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0One of the board members is a sister to the Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The governing documents allow the Executive Director to review Form 990 before it is filed and does not require the members of the Board of Directors to also review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization has adopted a conflict of interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation is based on local market comparisons for the position and approved by the Board of Directors, in writing through the minutes of the meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation is based on local market comparisons for the position and approved by the Board of Directors, in writing through the minutes of the meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Members of the general public who wish to see the governing documents of the organization should either call or email the Executive Director to request copies.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Fees for services included coaches and similar contractors for assisting and training with our club participants.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0265902
IRS990/TotalAssetsEOYAmt0400797
IRS990/TotalAssetsGrp/BOYAmt0265902
IRS990/TotalAssetsGrp/EOYAmt0400797
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0662790
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt042207
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0565946
IRS990/TotalFunctionalExpensesGrp/TotalAmt0608153
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07033
IRS990/TotalLiabilitiesEOYAmt085074
IRS990/TotalLiabilitiesGrp/BOYAmt07033
IRS990/TotalLiabilitiesGrp/EOYAmt085074
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0258869
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0315723
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0565946
IRS990/TotalReportableCompFromOrgAmt056970
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02217
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0665007
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0265902
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0400797
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt064252
IRS990/TravelGrp/TotalAmt064252
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TAMIE FELTY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05128441091
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAGIC BASKETBALL CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0MAGI
ReturnHeader/Filer/EIN0810595934
ReturnHeader/Filer/InCareOfNm0% TAMIE FELTY
ReturnHeader/Filer/PhoneNum05128441091
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 170654
ReturnHeader/Filer/USAddress/CityNm0Austin
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078717
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0853547025
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Financial Interior LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 82189
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Austin
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078708
ReturnHeader/PreparerPersonGrp/PhoneNum05129001826
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VICTOR VILLALOBOS CPA
ReturnHeader/ReturnTs02025-11-15T21:04:54-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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