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CALIFORNIA MAGIC SC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
CALIFORNIA MAGIC SC (EIN 46-0610408)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-11-14
IRS object ID
201833189349305958
Schema version
2017v2.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-11-14T10:59:26-08:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Rubian Moss CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11901 Olympic Boulevard Suite 200AddressLine1Txt
CityWalnut CreekCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94596ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN460610408EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1California Magic SCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCALIBusinessNameControlTxt
Phone4153095690PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line123 Orinda WayAddressLine1Txt
CityOrindaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94563ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALEX FLAGGPersonNm
Person TitleTREASURERPersonTitleTxt
Phone4153095690PhoneNum
Signature2018-03-28SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRUBIAN MOSSPreparerPersonNm
PTINP00576237PTIN
Phone9254822626PhoneNum
Preparation2018-11-14PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address65.221.110.233IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-11-14IPDt
IP Tm10:59:14IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id479D535B1C6873E3F53B6BFEE803B77DB839F7E2AtSubmissionCreationDeviceId
At Submission Filing Device Id33A4514F0B0D27D38567E9A7535E064C50656D06AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOHN TOPPINGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line123 Orinda Way 305AddressLine1Txt
CityOrindaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94563ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$946,445GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresscalmagicsc.comWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO EDUCATE, INSPIRE, AND EMPOWER YOUTH THROUGH THE BEAUTIFUL GAME OF SOCCER. WE ARE LIFELONG LEARNERS WHO ARE CREATIVE, RESPONSIBLE, AND FLEXIBLE LEADERS OF THE WORLD.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$674PYContributionsGrantsAmt
CY Contributions Grants$10,250CYContributionsGrantsAmt
PY Program Service Revenue$632,460PYProgramServiceRevenueAmt
CY Program Service Revenue$936,195CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$633,134PYTotalRevenueAmt
CY Total Revenue$946,445CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$107,374PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$168,297CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$470,763PYOtherExpensesAmt
CY Other Expenses$577,527CYOtherExpensesAmt
PY Total Expenses$578,137PYTotalExpensesAmt
CY Total Expenses$745,824CYTotalExpensesAmt
PY Revenues Less Expenses$54,997PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$200,621CYRevenuesLessExpensesAmt
Total Assets BOY$79,295TotalAssetsBOYAmt
Total Assets EOY$279,916TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$79,295NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$279,916NetAssetsOrFundBalancesEOYAmt
MissionCalifornia Magic SC is a community-based club whose mission is to educate, inspire,MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$671,458ExpenseAmt
Revenue$941,445RevenueAmt
DescWE ARE A NONPROFIT YOUTH SOCCER CLUB THAT EDUCATES, INSPIRES AND EMPOWERS CHILDREN TO PERFORM AT A HIGH LEVEL, BOTH ON THE FIELD AND OFF. THE MAJORITY OF OUR EXPENSES GO INTO SECURING QUALITY FIELDS, HIRING EXCEPTIONAL COACHES, AND THE ADMINISTRATIVE COSTS OF RUNNING OUR PROGRAM, INCLUDING SOCCER SUPPLIES, REFEREES, INSURANCE, MARKETING, AND VARIOUS SUPPORTIVE PROGRAMS. OUR GOAL IS TO TEACH CHILDREN TO PLAY AT THEIR HIGHEST LEVEL AND TO DELIVER AN UNPARALLELED EXPERIENCE TO THE PLAYERS AND THEIR FAMILIES.Desc
Total Program Service Expenses$671,458TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document13IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee2EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonALEX FLAGGPersonNm
Phone4153095690PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line123 Orinda Way 305AddressLine1Txt
CityOrindaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94563ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOHN TOPPING
President6.00Yes (X)Yes (X)$0$0$0
PAMELA NICHOLS
Vice President4.00Yes (X)Yes (X)$0$0$0
ALAN IKEA
Secretary3.00Yes (X)Yes (X)$0$0$0
ALEX FLAGG
Treasurer/CFO3.00Yes (X)Yes (X)$0$0$0
KATIA JENKINS
Registrar/Club Admin30.00Yes (X)$24,600$0$0
SCOTT DEVRIES
Legal3.00Yes (X)$0$0$0
GREG DAVIS
Media/Communications3.00Yes (X)$0$0$0
HARIS OBIC
Program Director40.00Yes (X)$82,710$0$0
ALINE ALGHABABIAN
Board Member3.00Yes (X)$0$0$0
JON ZUBER
Board Member3.00Yes (X)$0$0$0
DAN WALNER
Board Member3.00Yes (X)$0$0$0
MARY BROWN
Board Member3.00Yes (X)$0$0$0
JAMES JENKINS
Board Member3.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$107,310TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$10,250AllOtherContributionsAmt
Total Contributions$10,250TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescProgram tuition and feesDesc
Business711210BusinessCd
Total Revenue Column$936,195TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$936,195TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$946,445TotalRevenueColumnAmt
Related Or Exempt Func Income$936,195RelatedOrExemptFuncIncomeAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$107,310TotalAmt
Program Services$82,710ProgramServicesAmt
Management And General$24,600ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$50,320TotalAmt
Program Services$50,320ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$10,667TotalAmt
Program Services$9,002ProgramServicesAmt
Management And General$1,665ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,436TotalAmt
Program Services$0ProgramServicesAmt
Management And General$2,436ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$267,830TotalAmt
Program Services$267,830ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,718TotalAmt
Program Services$0ProgramServicesAmt
Management And General$3,718ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$37,621TotalAmt
Program Services$30,812ProgramServicesAmt
Management And General$6,809ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$215,800TotalAmt
Program Services$184,899ProgramServicesAmt
Management And General$30,901ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,802TotalAmt
Program Services$5,802ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$6,960TotalAmt
Program Services$5,874ProgramServicesAmt
Management And General$1,086ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,000TotalAmt
Program Services$4,000ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,151TotalAmt
Program Services$0ProgramServicesAmt
Management And General$3,151ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescMaterials and suppliesDesc
Total$30,209TotalAmt
Program Services$30,209ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$745,824TotalAmt
Program Services$671,458ProgramServicesAmt
Management And General$74,366ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$69,295BOYAmt
EOY$273,916EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$10,000BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$10,000LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,000LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
EOY$6,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$79,295BOYAmt
EOY$279,916EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$79,295BOYAmt
EOY$279,916EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$79,295BOYAmt
EOY$279,916EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$79,295BOYAmt
EOY$279,916EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$200,621ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind
Public Support Total170$0PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support CY1700PublicSupportCY170Pct

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,600CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,410CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,079CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$674CurrentTaxYearMinus1YearAmt
Current Tax Year$5,000CurrentTaxYearAmt
Total$25,763TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$186,186CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$332,817CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$495,328CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$632,460CurrentTaxYearMinus1YearAmt
Current Tax Year$941,445CurrentTaxYearAmt
Total$2,588,236TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$189,786CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$342,227CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$502,407CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$633,134CurrentTaxYearMinus1YearAmt
Current Tax Year$946,445CurrentTaxYearAmt
Total$2,613,999TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$2,613,999PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Total$2,613,999TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,000OtherCostOrOtherBasisAmt
Depreciation$4,000DepreciationAmt
Book Value$6,000BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$6,000TotalBookValueLandBuildingsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 11bForm 990 is reviewed by Board members before submission.
Pt VI, Line 12cCalifornia Magic follows, monitors, and enforces its Conflict of Interest Policy by following the procedures set forth in the policy: "An Interested Person (director, principal officer, or member of a committee with Board delegated powers, who has a direct or indirect financial interest) may make a presentation at the Board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and vote on, the transaction or arrangement involving the potential conflict of interest. The Chairperson of the Board or committee shall, if appropriate, appoint a person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the Board or committee shall determine in good faith whether the Organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous solution is not reasonably possible under circumstances not producing a conflict of interest, the Board or committee shall determine in good faith by a majority vote of the disinterested directors whether the transaction or arrangement is in the Organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement." We deliver the Conflict of Interest Policy and request that each Board member certify compliance annually.
Pt VI, Line 15aThe top management of California Magic are independent persons and as members of the Board act on behalf of the Club without compensation. The President, Vice President, and Treasurer/CFO (all independent persons) have reviewed payment arrangements with all coaches, referees, and other contractors and have determined that their payments are within the range of comparable positions for local soccer clubs.
Pt VI, Line 15bThe top management of California Magic are independent persons and as members of the Board act on behalf of the Club without compensation. The President, Vice President, and Treasurer/CFO (all independent persons) have reviewed payment arrangements with all coaches, referees, and other contractors and have determined that their payments are within the range of comparable positions for local soccer clubs.

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