Magic Valley Basketball Club Inc is located in Twin Falls, ID. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magic Valley Basketball Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HOLD CAMPS AND PARTICIPATE IN BASKETBALL TOURNAMENTS FOR YOUTH OF ALL AGES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Amaya President | 8 | $18,750 | |
Anthony Standlee Vice-Preside | 8 | $16,550 | |
Kerrie Amaya Secretary/tr | 8 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $143,790 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $143,790 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $58,199 |
Occupancy, rent, utilities, and maintenance | $50 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $84,339 |
Total expenses | $142,588 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,302 |
Other assets | $0 |
Total assets | $1,302 |
Total liabilities | $0 |
Net assets or fund balances | $1,302 |