2023-11-15T08:31:44-06:00 2022-12-31 721396621 CARR RIGGS & INGRAM LLC TWO RIVERWAY 15TH FLOOR HOUSTON TX 77056 990 2022-01-01 273053614 MAGIC BUS USA MAGI 8327759000 1080 ELDRIDGE PARKWAY 1150 HOUSTON TX 77077 AMIT BHANDARI DIRECTOR 8327759000 2023-11-15 1 AMIT BHANDARI 999009999 0 KRISTEN SIMPSON P01268482 7136218090 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z AMIT BHANDARI 1080 ELDRIDGE PARKWAY 1150 HOUSTON TX 77077 3316663 0 X WWW.MAGICBUSUSA.ORG X 2010 CA MAGIC BUS WORKS WITH MARGINALIZED CHILDREN AND YOUTH IN INDIA AND ECOSYSTEM AROUND THEM TO HELP BREAK THE CYCLE OF SOCIAL AND ECONOMIC DEPRIVATION USING SPORT AND ACTIVITY BASED APPROACHES THAT INCLUDE MENTORING AS A TOOL. 6 6 4 25 0 0 1082648 3148297 0 0 174 866 -90841 -126523 991981 3022640 438910 1115000 0 0 72871 271278 0 0 218684 228700 442946 740481 1829224 251500 1193416 782890 2026142 10332 60168 772558 1965974 X MAGIC BUS WORKS WITH MARGINALIZED CHILDREN AND YOUTH IN INDIA AND ECOSYSTEM AROUND THEM TO HELP BREAK THE CYCLE OF SOCIAL AND ECONOMIC DEPRIVATION USING SPORT AND ACTIVITY BASED APPROACHES THAT INCLUDE MENTORING AS A TOOL AND ARE FOUNDED ON THE PRINCIPLE OF HUMAN RIGHTS, PROMOTING EDUCATION, HEALTH, GENDER, EQUALITY AND SUSTAINABLE LIVELIHOODS. 0 0 1101895 1101895 MAGIC BUS ENVISIONS A WORLD WHERE MARGINALIZED YOUTH IN INDIA AND ACROSS SOUTH ASIA ARE PROVIDED THE OPPORTUNITIES TO BREAK THE CYCLE OF INHERITED POVERTY. WE DO THIS BY TEACHING ESSENTIAL LIFE SKILLS, SUPPORTING STUDENTS WITH ACADEMIC CHALLENGES, PROVIDING EMPLOYABILITY EDUCATION, AND CONNECTING OUR PROGRAM PARTICIPANTS TO WORK WHICH ENABLES THEM TO THRIVE IN THEIR TRANSITION TO ADULTHOOD. 13105 13105 GRANT TO MAGIC BUS GLOBAL (UK) 1115000 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 4 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X SARAH CURRID 8327759009 1080 ELDRIDGE PARKWAY SUITE 1175 HOUSTON TX 77407 AMIT BHANDARI DIRECTOR 5.00 X X 0 0 0 VIK UPPAL DIRECTOR 1.00 X X 0 0 0 KAPIL MATHUR DIRECTOR 1.00 X X 0 0 0 MATTHEW SPACIE DIRECTOR 5.00 X X 0 0 0 ASH SOMANI DIRECTOR 1.00 X X 0 0 0 ARPAN SHEETH DIRECTOR 1.00 X X 0 0 0 SARAH CURRID EXECUTIVE DIRECTOR 40.00 X 150000 0 6600 150000 0 6600 1 0 1 0 0 686626 2461671 15000 3148297 866 866 167500 686626 294023 -126523 -126523 3022640 0 0 -125657 X 1115000 1115000 150000 37500 112500 113805 22847 90958 1320 1320 6153 6153 30358 30358 9649 9649 275619 275619 2427 1749 678 33281 22186 11095 37761 37761 53851 50398 3453 1829224 1115000 495540 218684 690234 942919 50000 1048017 42656 20000 15206 782890 2026142 9432 59268 900 900 10332 60168 X 212247 251554 560311 1714420 772558 1965974 782890 2026142 1193416 0 X 0 1 X 1 0 X 1648001 1415969 1738870 1082648 3315797 9201285 1648001 1415969 1738870 1082648 3315797 9201285 1611352 7589933 93 1124 233 174 866 2490 9203775 0.82470 0.81320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 SBA LOAN 900 900 X 3316663 294023 294023 3022640 0 3022640 2123247 294023 294023 1829224 0 1829224 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR FEDERAL INCOME TAX HAS BEEN MADE IN THESE FINANCIAL STATEMENTS. THE FOUNDATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS, WHEN IT IS MORE LIKELY THAN NOT, THAT SUCH AN ASSET OR A LIABILITY WILL BE REALIZED. AS OF DECEMBER 31, 2022 AND 2021, MANAGEMENT BELIEVES THERE WERE NO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS 294,023. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS 294,023. 1 0 0 0 0 0 0 0 0 0 SOUTH ASIA - INDIA PROGRAM SERVICES 1101895 WIRE TRANSFER 0 EUROPE - UNITED KINGDOM PROGRAM SERVICES 13105 WIRE TRANSFER 0 0 0 0 0 0 0 PART I, LINE 2: GRANTS ARE SENT TO PARENT ORGANIZATION MAGIC BUS INDIA TO CONDUCT PROGRAM SERVICES FOR UNDER PRIVILEGED KIDS PART III ACCOUNTING METHOD: GALA'S 854126 686626 167500 294023 854126 686626 167500 294023 294023 -126523 0 0 0 0 0 0 0 0 0 SARAH CURRID EXECUTIVE DIRECTOR 150000 0 0 0 0 0 0 0 6600 0 156600 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THIS FORM 990 WILL BE PROVIDED TO ALL MEMBERS OF ITS GOVERNING BODY BY ELECTRONIC TRANSMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS BEING FOLLOWED AS PER THE BYLAWS AND ANY POSSIBLE EVENT IS BEING DISCUSSED AMONG MEMBERS OF THE GOVERNING BODY AS PER THE ENTITY'S BYELAWS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 180,547. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 180,547. CONSULTING FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 95,072. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 95,072.