Reno, NV
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Great Reno Balloon Race Inc, founded in 1982, is a small nonprofit in the Community Improvement sector that reported $602K in total revenue in fiscal year 2024.
The mission of the Great Reno Balloon Race is to provide a premier, safe, family-oriented/tourist-attractive, visually dramatic event that celebrates the joy of flight while remaining free to the public.
The Great Reno Balloon Race (GRBR) began in 1982 as a way to keep visitors in Reno on the weekend between the State Fair and the Air Races. The vision was to create something that would endure as a...
The Great Reno Balloon Race (GRBR) began in 1982 as a way to keep visitors in Reno on the weekend between the State Fair and the Air Races. The vision was to create something that would endure as a gift to the community - safe, friendly and free. GRBR is now the nation's largest free hot-air balloon event with an average of 150,000 people attending the race over the period of three September days.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $601,746 | $598,038 | +0.0% |
| Expenses | $603,726 | $604,357 | 0.0% |
| Net Income | $-1,980 | $-6,319 | -0.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Pete Copeland | Executive Director | 35.00 |
Officer
|
$87,800 | $0 | $87,800 |
| Shila Morris | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Chris Dondero | Past President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michael Buis | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Pilar M Aldecoaotalora | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mike Klaich | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ginnie Kersey | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ed Buzzetti | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ron Smith | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Peggy Stromer | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Nancy Gilbert | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kay Young | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Elliot Malin | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Frank Picone | Director (thru Oct 25) | 1.00 |
Director
|
$0 | $0 | $0 |
| Tony Riviara | Director (thru Jan 25) | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $601,746 | $603,726 | $214,045 | $-1,980 |
| 2024 | $598,038 | $604,357 | $216,025 | $-6,319 |
| 2023 | $596,553 | $538,485 | $222,344 | $58,068 |
| 2022 | $583,711 | $505,671 | $164,276 | $78,040 |
| 2021 | $487,686 | $389,526 | $91,236 | $98,160 |
| 2020 | $126,753 | $154,029 | $32,134 | $-27,276 |
| 2019 | $396,503 | $413,320 | $32,678 | $-16,817 |
| 2018 | $361,812 | $373,189 | $49,495 | $-11,377 |
Compare Great Reno Balloon Race Inc with other nonprofits in Nevada and across the country.