National Balloon Rally

“The organization obtains a draft of form 990 prior to filing for the board to review. If any changes are required, they are made prior to filing.”

“The board requires each director, principal officer and member of a committee with governing board delegated powers to annually sign a statement which affirms that such person: a. Has received a copy of the conflicts of interest policy b. Has read and understands the policy c. Has agreed to comply with the policy and d. Understands the corporation is charitable and in order to maintain its federal tax-exempt status it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

“The board reviews the salary each year for the executive director.”

“The organization makes its governing documents and tax returns available to the public at its corporate office. The organization does not have a conflict of interest statement.”

“Hold an annual balloon rally in october with proceeds distributed to local charities.”

“Hospitality tent expense 33,839 0 0 lodging 26,675 0 0 sound stage 22,898 0 0 security 21,055 0 0 equipment rental 20,273 0 0 merchandise 16,436 0 0 site prep 15,552 0 0 portajohns 14,144 0 0 fire/emt 12,635 0 0 volunteer exp 12,134 0 0 printing and reproduction 10,855 0 0 parking 9,000 0 0 beer 8,499 0 0 supplies 7,838 0 0 golf carts 7,624 0 0 post event cleanup/wrapup 7,362 0 0 inflatables 7,317 0 0 bank charges 6,627 0 0 rent 5,500 0 0 ice 5,382 0 0 electrical 4,270 0 0 diesel fuel 3,571 0 0 commissions 3,380 0 0 signage 3,379 0 0 beverages 2,740 0 0 sponsorship expense 2,137 0 0 repairs & maintenance 1,544 0 0 website 1,432 0 0 licenses & permits 1,277 0 0 dues & subscriptions 1,105 0 0 gifts 986 0 0 wine 499 0 0 propane 200 0 0 total 298,165 0 0”