TASTE N GLOW BALLOON FEST (EIN 921288510) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Principal Officer

BRANDON JILEK

Phone

7155732102

Tax Period

2024-01-01 to 2024-12-31

TASTE N GLOW BALLOON FEST, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $159K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $196K exceeded revenue, resulting in a 23% operating deficit.

Mission

THE TASTE N GLOW BALLOON FEST, INC'S MISSION IS TO SHARE THE UNIQUE EXPERIENCE AND LOVE OF HOT AIR BALLOONING THROUGH EDUCATION ON BALLOONS, SAFETY AND WEATHER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $66,750

Program Service Revenue $91,137

Investment Income $1,461

Other Revenue $0

TOTAL REVENUE $159,348

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $194,236

Other Expenses $195,664

TOTAL EXPENSES $195,664

Year-over-Year Comparison

	2024	2023	Change
Revenue	$159,348	$357,205	-0.6%
Expenses	$195,664	$265,096	-0.3%
Net Income	$-36,316	$92,109	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER DRABEK	TREASURER	N/A	Officer Director	$0	$0	$0
BRANDON JILEK	PRESIDENT	N/A	Officer Director	$0	$0	$0
CHRIS JILEK	BOARD MEMBER	N/A	Director	$0	$0	$0
JODI MAGUIRE	SECRETARY	N/A	Officer Director	$0	$0	$0
RANDY THURS	VICE PRESIDE	N/A	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$159,348	$195,664	$59,677	$-36,316
2023	$357,205	$265,096	$92,109	$92,109

TASTE N GLOW BALLOON FEST