Civic Intelligence

Oviedo Magic Sports Inc

EIN 87-3363235 • 501(c)3 • Oviedo, FL

Profile

Our mission is to nurture and develop the athletic talents of boys and girls from elementary through high school by providing a support infrastructure to participate in youth sports in a safe environment.

2980 Hunters LaneOviedo, FL 32766

leagues.teamlinkt.com/Leagues/index/oviedomagicsports/Home

Siviq Scores

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

Liabilities / Assets

97th percentile

3.03x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.11x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

33rd percentile

-7.7%

Higher net margin than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$2,310

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

$7,993

No earlier filing loaded for comparison.

Liabilities

$24,240

No earlier filing loaded for comparison.

Net Assets

-$16,247

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue83rd percentileNet Margin33rd percentile

Revenue

$211,665

No earlier filing loaded for comparison.

Expenses

$227,912

No earlier filing loaded for comparison.

Net Income

-$16,247

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$40K$20K$0-$20KAssets 2024: $7,993Liabilities 2024: $24,240Net Assets 2024: -$16,2472024

Highlighted filing

2024

Assets$7,993
Liabilities$24,240
Net Assets-$16,247
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100KRevenue 2024: $211,665Expenses 2024: $227,912Net Income 2024: -$16,2472024

Highlighted filing

2024

Revenue$211,665
Expenses$227,912
Net Income-$16,247
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$7,993
Liabilities
$24,240
Net assets
-$16,247
Revenue
$211,665
Expenses
$227,912
Net income
-$16,247
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.24$0.16$2.12$2.28$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$211,665
Mission and Program Overview

Mission

Our mission is to nurture and develop the athletic talents of boys and girls from elementary through high school by providing a support infrastructure to participate in youth sports in a safe environment.

Organize basketball and vollyball teams for children from ages 12-18 seeking additional coaching and comepetitive play in AAU sanctioned tournaments.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$10,480$7,993▼ $2,487
Rtn Earn Endowment Incm Other Fnds-$-16,247-
Total Assets$10,480$7,993▼ $2,487
Liabilities
Other Liabilities$10,480$24,240▲ $13,760
Total Liabilities$10,480$24,240▲ $13,760
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$-16,247▼ $16,247
Total Liabilities and Net Assets / Fund Balance$10,480$7,993▼ $2,487
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Gary V HinesVice PresidentPT$2,310$2,310

Board Members and Trustees

NameTitle
Christian MoreiraPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$211,665
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-16,247
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$227,912
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
Other Expenses$98,216--$98,216
All Other Expenses$19,415--$19,415
Travel$9,263--$9,263
Advertising$2,149--$2,149
Total Functional Expenses$227,912$0$0$227,912
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card 01$20,620
Federal income taxes$3,620
Americna Express-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section Sect. B, Line 12C

“Informal meetings with the President and Vice President.”

Form 990, Part VI, Section Sect C, Line line 19

“The organizations financial information is available upon request.”

Filing and Contact Details

Filer

Filer Name
Oviedo Magic Sports Inc
EIN
87-3363235
In Care Of
% Christian Moreira
Phone
4073839151
Address
2980 Hunters Lane, Oviedo, FL 32766

Signing Officer

Name
Christian Moreira
Title
President
Phone
4073839151
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christian Moreira
Formed
2022
Legal Domicile
Fl
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Rariden & Associates LLC
Address
2572 W State Road 426 Ste 2080, Oviedo, FL 32765
Preparer
George Rariden EA
Phone
4075425988
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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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ReturnHeader/Filer/EIN0873363235
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ReturnHeader/Filer/PhoneNum04073839151
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02572 W State Road 426 Ste 2080
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Oviedo
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
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ReturnHeader/PreparerPersonGrp/PhoneNum04075425988
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0George Rariden EA
ReturnHeader/ReturnTs02025-11-17T02:35:09-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

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