MISSION
Magic City Elite Academy is an organization dedicated to preventing juvenile delinquency for at risk youth through character building, positive social engagement, and increased self awareness through organized sports.
DEMOGRAPHIC
ADDRESS
1427 CHORD LN
35005
COUNTY
jefferson county, AL
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGIC CITY ELITE ACADEMY is a based in ADAMSVILLE, AL, focused on Youth Development causes , specifically Youth Development N.E.C.. Established in June 2024, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,048,574 among 2,656,690 nonprofits nationally (Top 40%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 16,341 out of 35,672 organizations in AL (Top 46%).
In jefferson county, AL, the organization ranks 2,623 out of 7,262 nonprofits by assets (Top 36%), while locally in adamsville, it stands at 6 among 58 organizations (Top 6%).
The organization reported no revenue in the most recent filing period, placing it at 1,288,118 nationally and 23,281 in AL.
Within its specific NTEE classification (O99 - O: Youth Development), which includes 4,624 similar organizations, MAGIC CITY ELITE ACADEMY ranks 2,180 in assets (Top 47%) and 2,228 in revenue (Top 48%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 and was reinstated on May 15, 2023 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
O: Youth Development
NTEE CODE
O99: Youth Development N.E.C.
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Revoked: Monday, May 15, 2023;
Reinstated: Monday, May 15, 2023
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
06/2024
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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