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Nonprofiteer
← MAGIC JOHNSON FOUNDATION

Form 990-EZ for tax year 2022

Filed by MAGIC JOHNSON FOUNDATION.

Totals

Total revenue
$135,100
Total expenses
$105,212
Contributions and grants received
$135,100
Grants paid
not reported
Program service revenue
not reported
Membership dues (line 3)
not reported
Investment income (line 4)
not reported
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
not reported
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$29,888
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$29,888
Program service expenses (Part III)
$93,332

Program services were 88.7% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2022

Primary exempt purpose

THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO INITIATE AND SUPPORT PROGRAMS THAT HELP TO SERVE UNDERSERVED COMMUNITIES AND ENHANCE THE LIVES OF UNDERPRIVILEGED AND NEEDY INDIVIDUALS, AND TO INITIATE AND SUPPORT CHARITABLE PROGRAMS THAT FURTHER THE HEALTH AND EDUCATION OF THE PUBLIC.

  • HOLIDAY HOPE LOS ANGELES : PROVIDED HOLIDAY JOY TO FAMILIES IN NEED. MUCH NEEDED RESOURCES (FOOD, CLOTHES, TOY, BOOKS)

    Expenses $48,641

  • HOLIDAY HOPE DETROIT : PROVIDED HOLIDAY JOY TO FAMILIES IN NEED. MUCH NEEDED RESOURCES (FOOD, CLOTHES, TOY, BOOKS)

    Expenses $44,691

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

  • Earvin Johnson

    CHAIR OF BOARD, PRESIDENT, DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kawanna Brown

    TREASURER, DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Earletha Johnson

    SECRETARY, DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2022
Filed
6 November 2023
IRS schema version
2022v5.0
Source object
202343129349201459

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