Civic Intelligence

National Balloon Classic Ltd.

990 • Fiscal year 2016 • EIN 51-0137286

Nov 01, 2015 to Oct 31, 2016 • Filed on Feb 08, 2017

Organization ProfileWWW.NATIONALBALLOONCLASSIC.COM
P O Box 346Indianola, IA 50125

(515) 961-8415

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

64th percentile

9.9%

Higher net margin than 64% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

95th percentile

$66,166

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 15.5% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

66th percentile

13%

Faster asset growth than 66% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

78th percentile

28%

Faster revenue growth than 78% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$390,553

Up $45,532 (+13%) from 2015

Net Assets

Up

$384,119

Up $41,994 (+12%) from 2015

Liabilities

Up

$6,434

Up $3,538 (+122%) from 2015

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin64th percentile

Revenue

Up

$425,594

Up $92,097 (+28%) from 2015

Expenses

Up

$383,600

Up $48,074 (+14%) from 2015

Net Income

Up

$41,994

Up $44,023 (+2170%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $342,323Liabilities 2011: $83,185Net Assets 2011: $259,1382011Assets 2012: $331,746Liabilities 2012: $80,598Net Assets 2012: $251,1482012Assets 2013: $325,305Liabilities 2013: $23,312Net Assets 2013: $301,9932013Assets 2014: $346,802Liabilities 2014: $2,648Net Assets 2014: $344,1542014Assets 2015: $345,021Liabilities 2015: $2,896Net Assets 2015: $342,1252015Assets 2016: $390,553Liabilities 2016: $6,434Net Assets 2016: $384,1192016Assets 2017: $417,278Liabilities 2017: $4,323Net Assets 2017: $412,9552017Assets 2018: $466,260Liabilities 2018: $6,354Net Assets 2018: $459,9062018Assets 2019: $505,442Liabilities 2019: $3,183Net Assets 2019: $502,2592019Assets 2020: $566,917Liabilities 2020: $0Net Assets 2020: $566,9172020Assets 2021: $736,805Liabilities 2021: $0Net Assets 2021: $736,8052021Assets 2022: $826,258Liabilities 2022: $0Net Assets 2022: $826,2582022Assets 2023: $862,983Liabilities 2023: $0Net Assets 2023: $862,9832023Assets 2024: $832,614Liabilities 2024: $0Net Assets 2024: $832,6142024Assets 2025: $989,404Liabilities 2025: $0Net Assets 2025: $989,4042025

Highlighted filing

2016

Assets$390,553
Liabilities$6,434
Net Assets$384,119
Open 2016 Filing

Operations Trend

Revenue Growth78th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $272,310Expenses 2011: $261,160Net Income 2011: $11,1502011Revenue 2012: $243,989Expenses 2012: $251,979Net Income 2012: -$7,9902012Revenue 2013: $308,447Expenses 2013: $257,602Net Income 2013: $50,8452013Revenue 2014: $364,940Expenses 2014: $322,779Net Income 2014: $42,1612014Revenue 2015: $333,497Expenses 2015: $335,526Net Income 2015: -$2,0292015Revenue 2016: $425,594Expenses 2016: $383,600Net Income 2016: $41,9942016Revenue 2017: $463,179Expenses 2017: $434,343Net Income 2017: $28,8362017Revenue 2018: $539,170Expenses 2018: $492,219Net Income 2018: $46,9512018Revenue 2019: $504,758Expenses 2019: $462,405Net Income 2019: $42,3532019Revenue 2020: $269,798Expenses 2020: $205,140Net Income 2020: $64,6582020Revenue 2021: $570,202Expenses 2021: $400,314Net Income 2021: $169,8882021Revenue 2022: $652,497Expenses 2022: $563,043Net Income 2022: $89,4542022Revenue 2023: $634,990Expenses 2023: $608,554Net Income 2023: $26,4362023Revenue 2024: $721,581Expenses 2024: $751,949Net Income 2024: -$30,3682024Revenue 2025: $913,743Expenses 2025: $756,954Net Income 2025: $156,7892025

Highlighted filing

2016

Revenue$425,594
Expenses$383,600
Net Income$41,994
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2015 to Oct 31, 2016
Signed
Feb 8, 2017
Return Version
2015v3.0
Gross Receipts
$455,908
Mission and Program Overview

Mission

Promotion of hot air ballooning through public education & entertainment.

Promotion of hot air ballooning through public education & entertainment

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$278,104$296,409▲ $18,305
Savings and Temporary Cash Investments$20,102$45,698▲ $25,596
Cash and Non-Interest-Bearing Accounts$45,724$44,611▼ $1,113
Accounts Receivable-$3,835-
Inventories for Sale or Use$1,091$0▼ $1,091
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$345,021$390,553▲ $45,532
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$2,896$6,434▲ $3,538
Total Liabilities$2,896$6,434▲ $3,538
Net Assets / Fund Balance
Unrestricted Net Assets$329,125$359,483▲ $30,358
Temporarily Rstr Net Assets$13,000$24,636▲ $11,636
Total Net Assets Fund Balance$342,125$384,119▲ $41,994
Total Liabilities and Net Assets / Fund Balance$345,021$390,553▲ $45,532

Asset Categories

AssetBook ValueDepreciationBasis
Land$216,632-$216,632
Buildings$57,176$90,581$147,757
Equipment$22,601$23,474$46,075
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Staci ScheurenbrandExecutive DirectorFT$66,166$66,166

Board Members and Trustees

NameTitle
Dale CrainPast President
Mark ClarkPresident
Becky NeedlesDirector
Bryant HoustonDirector
Darcy HochDirector
Dave MoellerDirector
Jeanne BendonDirector
Jim FrommDirector
Kerry MckassonDirector
Molly RogallaDirector
Nathan FehlDirector
Rick WhislerDirector
Tim MorrisDirector
Lisa Dowson1st V P / Secy
Jim StockbergerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$178,220
Program Service Revenue
$201,019
Investment Income
$69
Other Revenue
$46,286
All Other Contributions
$153,220
Change in Net Assets
$41,994
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$286,007
Salaries, Compensation, and Employee Benefits$97,593
Total Fundraising Expense$59,897
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$60,649$8,830$4,805$74,284
Current Officers, Directors, Trustees, and Key Employees$33,083$16,542$16,541$66,166
Occupancy$19,381$5,400-$24,781
Fees for Services Other$11,237-$10,700$21,937
Other Salaries and Wages$10,611$10,610-$21,221
Advertising$20,954--$20,954
Other Expenses$16,554-$26,586$16,554
Insurance$8,281$3,473-$11,754
Fees for Services Accounting-$8,033-$8,033
Depreciation Depletion$7,939--$7,939
Payroll Taxes$3,763$2,077$1,265$7,105
Conferences and Meetings$4,166$500-$4,666
Other Employee Benefits-$3,101-$3,101
Office Expenses-$2,553-$2,553
Travel-$328-$328
Total Functional Expenses$262,256$61,447$59,897$383,600
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$47,631
Fundraising Direct Expenses$20,167
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$47,631$47,631$6,961$40,670
Total Events$47,631$47,631$20,167$27,464
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Draft copy of form 990 and attachments is provided to the board for review prior to filing”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“All appropriate documents and information returns are made available upon request”

Filing and Contact Details

Filer

Filer Name
National Balloon Classic Ltd
EIN
51-0137286
Phone
5159618415
Address
P O BOX 346, INDIANOLA, IA 50125

Signing Officer

Name
Mark Clark
Title
President
Signed
2017-02-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Clark
Formed
1973
Legal Domicile
Ia
Voting Board Members
15
Independent Board Members
15
Employees
3
Volunteers
200

Preparer

Firm
Shull Schrum Mcclaflin & Co Inc
Address
1111 N Jefferson, Indianola, IA 50125
Preparer
Arlen D Schrum
Phone
5159612571
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

“BANK CHARGES & CR CARD FEES: Column (A) - Total = $2352; Column (B) - Program Services = $0; Column (C) - Management & General = $2352; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“BANNERS & SIGNAGE: Column (A) - Total = $4212; Column (B) - Program Services = $837; Column (C) - Management & General = $0; Column (D) - Fundraising = $3375”

Form 990, Part IX, Line 24E: Other Expenses

“COMMUNICATION EQUIPMENT: Column (A) - Total = $2486; Column (B) - Program Services = $2486; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“DUST CONTROL: Column (A) - Total = $8792; Column (B) - Program Services = $8792; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“FIELD MAINTENANCE: Column (A) - Total = $8891; Column (B) - Program Services = $8891; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“FIRE PROTECTION: Column (A) - Total = $4117; Column (B) - Program Services = $4117; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“MEMBERSHIPS: Column (A) - Total = $1311; Column (B) - Program Services = $0; Column (C) - Management & General = $1311; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“MISCELLANEOUS: Column (A) - Total = $3777; Column (B) - Program Services = $2347; Column (C) - Management & General = $0; Column (D) - Fundraising = $1430”

Form 990, Part IX, Line 24E: Other Expenses

“PARKING COMMISSIONS: Column (A) - Total = $6031; Column (B) - Program Services = $6031; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“PROPERTY TAXES: Column (A) - Total = $2275; Column (B) - Program Services = $0; Column (C) - Management & General = $2275; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“PUBLIC ADDRESS SYSTEM: Column (A) - Total = $10524; Column (B) - Program Services = $10524; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“SANITATION: Column (A) - Total = $4350; Column (B) - Program Services = $4350; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“SUPPLIES: Column (A) - Total = $7310; Column (B) - Program Services = $7310; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“TELEPHONE: Column (A) - Total = $2892; Column (B) - Program Services = $0; Column (C) - Management & General = $2892; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“UTILITIES: Column (A) - Total = $4964; Column (B) - Program Services = $4964; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Raw XML AppendixShowing 400 of 579 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02896
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06434
IRS990/AccountsReceivableGrp/EOYAmt03835
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROMOTION OF HOT AIR BALLOONING THROUGH PUBLIC EDUCATION & ENTERTAINMENT
IRS990/AdvertisingGrp/ProgramServicesAmt020954
IRS990/AdvertisingGrp/TotalAmt020954
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt0153220
IRS990/AllOtherExpensesGrp/FundraisingAmt04805
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08830
IRS990/AllOtherExpensesGrp/ProgramServicesAmt060649
IRS990/AllOtherExpensesGrp/TotalAmt074284
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0STACI SCHEURENBRAND
IRS990/BooksInCareOfDetail/PhoneNum05159618415
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01601 N JEFFERSON WAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0INDIANOLA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050125
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt045724
IRS990/CashNonInterestBearingGrp/EOYAmt044611
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt016541
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt016542
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt033083
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt066166
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0500
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt04166
IRS990/ConferencesMeetingsGrp/TotalAmt04666
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt010147
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0178220
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt069
IRS990/CYOtherExpensesAmt0286007
IRS990/CYOtherRevenueAmt046286
IRS990/CYProgramServiceRevenueAmt0201019
IRS990/CYRevenuesLessExpensesAmt041994
IRS990/CYSalariesCompEmpBnftPaidAmt097593
IRS990/CYTotalExpensesAmt0383600
IRS990/CYTotalFundraisingExpenseAmt059897
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0425594
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt07939
IRS990/DepreciationDepletionGrp/TotalAmt07939
IRS990/Desc0STAGED A NINE DAY SPORT BALLOONING CHAMPIONSHIP FOR THE EDUCATION & ENJOYMENT OF THE GENERAL PUBLIC
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0262256
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08033
IRS990/FeesForServicesAccountingGrp/TotalAmt08033
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt010700
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt011237
IRS990/FeesForServicesOtherGrp/TotalAmt021937
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVE MOELLER
IRS990/Form990PartVIISectionAGrp/PersonNm1DALE CRAIN
IRS990/Form990PartVIISectionAGrp/PersonNm2MARK CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm3NATHAN FEHL
IRS990/Form990PartVIISectionAGrp/PersonNm4TIM MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm5BECKY NEEDLES
IRS990/Form990PartVIISectionAGrp/PersonNm6LISA DOWSON
IRS990/Form990PartVIISectionAGrp/PersonNm7JIM STOCKBERGER
IRS990/Form990PartVIISectionAGrp/PersonNm8KERRY MCKASSON
IRS990/Form990PartVIISectionAGrp/PersonNm9BRYANT HOUSTON
IRS990/Form990PartVIISectionAGrp/PersonNm10RICK WHISLER
IRS990/Form990PartVIISectionAGrp/PersonNm11JIM FROMM
IRS990/Form990PartVIISectionAGrp/PersonNm12DARCY HOCH
IRS990/Form990PartVIISectionAGrp/PersonNm13MOLLY ROGALLA
IRS990/Form990PartVIISectionAGrp/PersonNm14JEANNE BENDON
IRS990/Form990PartVIISectionAGrp/PersonNm15STACI SCHEURENBRAND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1566166
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt61st V P / Secy
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt020167
IRS990/FundraisingGrossIncomeAmt047631
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt025000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0455908
IRS990/GrossRentsGrp/RealAmt016870
IRS990/GrossSalesOfInventoryAmt012099
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt03473
IRS990/InsuranceGrp/ProgramServicesAmt08281
IRS990/InsuranceGrp/TotalAmt011754
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01091
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt069
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt069
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt036
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0114055
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0278104
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0296409
IRS990/LandBldgEquipCostOrOtherBssAmt0410464
IRS990/LegalDomicileStateCd0IA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTION OF HOT AIR BALLOONING THROUGH PUBLIC EDUCATION & ENTERTAINMENT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0342125
IRS990/NetAssetsOrFundBalancesEOYAmt0384119
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt027464
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt027464
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt01952
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01952
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt016870
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt016870
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt021076
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt05400
IRS990/OccupancyGrp/ProgramServicesAmt019381
IRS990/OccupancyGrp/TotalAmt024781
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02553
IRS990/OfficeExpensesGrp/TotalAmt02553
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03101
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03101
IRS990/OtherExpensesGrp/Desc0PILOTS PRIZES & AWARDS
IRS990/OtherExpensesGrp/Desc1ATTRACTIONS
IRS990/OtherExpensesGrp/Desc2SPONSORS EXPENSES
IRS990/OtherExpensesGrp/Desc3PROPANE & FUEL EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt026586
IRS990/OtherExpensesGrp/ProgramServicesAmt034497
IRS990/OtherExpensesGrp/ProgramServicesAmt131141
IRS990/OtherExpensesGrp/ProgramServicesAmt216554
IRS990/OtherExpensesGrp/TotalAmt034497
IRS990/OtherExpensesGrp/TotalAmt131141
IRS990/OtherExpensesGrp/TotalAmt226586
IRS990/OtherExpensesGrp/TotalAmt316554
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010610
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010611
IRS990/OtherSalariesAndWagesGrp/TotalAmt021221
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01265
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02077
IRS990/PayrollTaxesGrp/ProgramServicesAmt03763
IRS990/PayrollTaxesGrp/TotalAmt07105
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MARK CLARK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0BALLOON RIDES
IRS990/ProgramServiceRevenueGrp/Desc1CONCESSIONAIRE FEES
IRS990/ProgramServiceRevenueGrp/Desc2GATE ADMISSIONS
IRS990/ProgramServiceRevenueGrp/Desc3OTHER EVENT FEES
IRS990/ProgramServiceRevenueGrp/Desc4PILOT REGISTRATIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt017300
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt136267
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2108322
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt38963
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt418430
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt136267
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2108322
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38963
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt418430
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0144789
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt081
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0238481
IRS990/PYOtherRevenueAmt034265
IRS990/PYProgramServiceRevenueAmt0154362
IRS990/PYRevenuesLessExpensesAmt0-2029
IRS990/PYSalariesCompEmpBnftPaidAmt097045
IRS990/PYTotalExpensesAmt0335526
IRS990/PYTotalRevenueAmt0333497
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt041994
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt016870
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0201019
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020102
IRS990/SavingsAndTempCashInvstGrp/EOYAmt045698
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0181820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0148314
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0168204

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$390,553
Liabilities
$6,434
Net assets
$384,119
Revenue
$425,594
Expenses
$383,600
Net income
$41,994
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.89$0.00$9.89$9.14$7.57$1.57
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.33$0.00$8.33$7.22$7.52$0.30
2023Detailed filing. Detailed filing data is available for this year.$8.63$0.00$8.63$6.35$6.09$0.26
2022Detailed filing. Detailed filing data is available for this year.$8.26$0.00$8.26$6.52$5.63$0.89
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.37$0.00$7.37$5.70$4.00$1.70
2020Detailed filing. Detailed filing data is available for this year.$5.67$0.00$5.67$2.70$2.05$0.65
2019Detailed filing. Detailed filing data is available for this year.$5.05$0.03$5.02$5.05$4.62$0.42
2018Detailed filing. Detailed filing data is available for this year.$4.66$0.06$4.60$5.39$4.92$0.47
2017Detailed filing. Detailed filing data is available for this year.$4.17$0.04$4.13$4.63$4.34$0.29
2016Detailed filing. Detailed filing data is available for this year.$3.91$0.06$3.84$4.26$3.84$0.42
2015Summary only. Only limited summary data is available for this year.$3.45$0.03$3.42$3.33$3.36$0.02
2014Summary only. Only limited summary data is available for this year.$3.47$0.03$3.44$3.65$3.23$0.42
2013Summary only. Only limited summary data is available for this year.$3.25$0.23$3.02$3.08$2.58$0.51
2012Summary only. Only limited summary data is available for this year.$3.32$0.81$2.51$2.44$2.52$0.08
2011Summary only. Only limited summary data is available for this year.$3.42$0.83$2.59$2.72$2.61$0.11