GARDNERVILLE, NV
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE, founded in 2023, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $106K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $92K left a modest 14% surplus.
TO ORGANIZE AND OPERATE THE ANNUAL CARSON VALLEY BALLOON FESTIVAL. THE FESTIVAL PROMOTES DOUGLAS COUNTY, NEVADA BY AFFORDING THE COMMUNITY WITH RECREATIONAL ENTERTAINMENT OPPORTUNTIES AND MAKING CONTRIBUTIONS TO WORTHY CHARITIES DETERMINED BY THE BOARD OF DIRECTORS.
THE PRIMARY PROGRAM SERVICE ACCOMPLISHMENT OF THE CARSON VALLEY BALLOON FESTIVAL IS TO PROVIDE AN ANNUAL 3-DAY HOT AIR BALLOON FESTIVAL, HELD ON MAY 17, 18, & 19, 2025 AT LAMPE PARKE IN GARDNERVILLE...
THE PRIMARY PROGRAM SERVICE ACCOMPLISHMENT OF THE CARSON VALLEY BALLOON FESTIVAL IS TO PROVIDE AN ANNUAL 3-DAY HOT AIR BALLOON FESTIVAL, HELD ON MAY 17, 18, & 19, 2025 AT LAMPE PARKE IN GARDNERVILLE, NV. THIS FESTIVAL PROVIDES FAMILY ENTERTAINMENT, EDUCATIONAL OPPORTUNITIES, AND ECONOMIC BENEFIT TO THE LOCAL COMMUNITY THROUGH INCREASED TOURIST VISITATION. IN 2025 PROCEEDS FROM THE EVENT FACILITATED A CHARITABLE DONATION OF 20,000, MADE TO THE CENTER FOR HOME AND HEALING HTTPS://DOUGLASCENTERFORHOPEANDHEALING.ORG, WHICH PROVIDES FREE GRIEF COUNSELING. THE PROCEEDS ALSO PROVIDED 10 FREE SCHOOL ASSEMBLIES, INCLUDING 1 FOR HOME-SCHOOLED CHILDREN, TO EDUCATE CHILDREN ABOUT THE SCIENCE OF HOT AIR BALLOONS. THE ORGANIZATION ALSO CREATED TWO FLOATS TO PARTICIPATE IN A COMMUNITY WIDE HOLIDAY PARADE ON DEC 7, 2024.
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 | $106,333 | $96,568 | +0.1% |
| Expenses | $91,638 | $71,152 | +0.3% |
| Net Income | $14,695 | $25,416 | -0.4% |
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 |
|---|---|---|---|---|---|---|
| ALLEN ANDERSON | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| AMANDA JOHNSON | VICE PRESIDE | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| LORELEI LAMB | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| GREG NELSON | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| TRACY NELSON | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JASON SMITH | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $106,333 | $91,638 | $40,111 | $14,695 |
Compare CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE with other nonprofits in Nevada and across the country.