CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE (EIN 933938487) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Principal Officer

GREG NELSON

Phone

9255508247

Tax Period

2024-07-01 to 2025-06-30

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.

Mission

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.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $91,178

Program Service Revenue $10,288

Investment Income $0

Other Revenue $4,867

TOTAL REVENUE $106,333

Expense Breakdown

Grants Paid $21,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $91,638

Other Expenses $70,138

TOTAL EXPENSES $91,638

Year-over-Year Comparison

	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%

Key Indicators

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

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Financial Health Indicators

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

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
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

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
2025	$106,333	$91,638	$40,111	$14,695

CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE