Magic Johnson Foundation is located in Beverly Hills, CA. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magic Johnson Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Earvin Johnson Chair Of Board, President, Director | 1 | $0 | |
Kawanna Brown Treasurer, Director | 1 | $0 | |
Earletha Johnson Secretary, Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $135,100 |
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 | $135,100 |
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 | $93,331 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $500 |
Other expenses | $11,381 |
Total expenses | $105,212 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $29,888 |
Other assets | $0 |
Total assets | $29,888 |
Total liabilities | $0 |
Net assets or fund balances | $29,888 |