Jacksonville Magic Inc
Nonprofit profile at a glance
- EIN
- 473709032
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990 2019, Form 990-EZ 2025, Form 990-N 2023
- Location
- Jacksonville, FL, USA
- Phone
- 9045203252
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Youth Centers, Clubs
Reported finances
- Revenue
- $65,983
- Expenses
- $65,031
- Assets
- $42,195
- Liabilities
- $55,867
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- LENZY HANCOCK (PRESIDENT)
People named in this filing
- ALANA HANCOCK (DIRECTOR)
- LENZY HANCOCK (PRESIDENT)
- AKEYSHIA HANCOCK (TREASUER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Jacksonville Magic Inc. is organized exclusively for charitable and educational purposes under Section 501(c)(3) to mentor youth through structured basketball programs that promote character development, academic accountability, leadership skills, and competitive athletic participation.
What it reported doing in 2025
During 2025, Jacksonville Magic Inc. conducted organized youth basketball training, league participation, and regional tournament competition. The organization provided structured athletic programming focused on mentorship, teamwork, leadership development, and academic encouragement. Approximately 75 youth participants received direct program services through practices, tournaments, and travel-based competitions aligned with the organizations charitable mission.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 43
- Transparency & Controls: 82
- Sustainability: 40
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 43.3%; rating input score 43
- Program expense ratio: 44%; rating input score 44
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 1.4%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.65; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 1.32; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -7.6% per year; rating input score 0; 29th percentile among comparable filings
- Asset growth: 29.4% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 43.3% of revenue deployed · 44% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $29K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 43/100.
- Moderate — Financial Efficiency: Program expense ratio scored 44/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.