Totals
- Total revenue
- $465,375
- Total expenses
- $445,669
- Contributions and grants received
- $360,008
- Grants paid
- $0
- Program service revenue
- $98,987
- Investment income
- $6,380
- Other revenue
- $0
- Total assets, end of year
- $468,078
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $468,078
- Program services expenses (Part IX)
- $442,668
- Management and general expenses
- $3,001
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $442,670
Program services were 99.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$14,500
-
1f · All other contributions, gifts and grants
$345,508
-
1g · Noncash contributions included above
$97,740
-
2a · Program service revenue: BALLOON RACE EVENTS
total $98,987 · related or exempt $98,987
-
3 · Investment income
total $6,380 · excluded $6,380
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: RETURNED DEPOSIT
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $3,750 · program services $3,750
-
12 · Advertising and promotion
total $47,158 · program services $47,158
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $41,397 · program services $41,397
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $172 · program services $172
-
23 · Insurance
total $7,480 · program services $7,480
-
24a · Other expenses: PILOT EXPENSES
total $107,973 · program services $107,973
-
24b · Other expenses: OPERATIONS EXPENSE
total $63,694 · program services $63,694
-
24c · Other expenses: ENTERTAINMENT & STAGE
total $51,295 · program services $51,295
-
24d · Other expenses: HOSPITALITY EXPENSES
total $23,487 · program services $23,487
-
24e · All other expenses
total $99,263 · program services $96,262 · management and general $3,001
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $94,465 · end of year $106,795
-
2 · Savings and temporary cash investments
beginning of year $349,442 · end of year $356,989
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$39,168
-
10b · Land, buildings and equipment: accumulated depreciation
$37,493
-
10c · Land, buildings and equipment, net
beginning of year $1,827 · end of year $1,675
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $2,638 · end of year $2,619
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $448,372 · end of year $468,078
Mission and programs · 2022
Mission
THE ORGANIZATION PROMOTES AND EXHIBITS HOT AIR BALLOONS AND BALLOON RACES FOR THE PURPOSE OF GENERATING TOURISM AND BUSINESS DEVELOPMENT FOR LONGVIEW AND THE SURROUNDING EAST TEXAS AREA.
-
THE ORGANIZATION PROMOTES AND EXHIBITS HOT AIR BALLOONS AND BALLOON RACES FOR THE PURPOSE OF GENERATING TOURISM AND BUSINESS DEVELOPMENT FOR LONGVIEW AND THE SURROUNDING EAST TEXAS AREA.
Expenses $442,670 · Revenue $98,987
As filed on the 2022 return.
Listed in Part VII
-
Rhonda BullardRHONDA BULLARD
Director
- Total calculated
- $0
- Hours/week
- 6
-
Jennifer CorreaJENNIFER CORREA
Treasurer
- Total calculated
- $0
- Hours/week
- 6
-
Angie BakerANGIE BAKER
Secretary
- Total calculated
- $0
- Hours/week
- 6
-
Chris FarrCHRIS FARR
Director
- Total calculated
- $0
- Hours/week
- 6
-
Mark DulweberMARK DULWEBER
Director
- Total calculated
- $0
- Hours/week
- 6
-
Bill BusseyBILL BUSSEY
Director
- Total calculated
- $0
- Hours/week
- 6
-
Michelle FordMICHELLE FORD
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Rick JamesRICK JAMES
Director
- Total calculated
- $0
- Hours/week
- 6
-
Gai BennettGAI BENNETT
President
- Total calculated
- $0
- Hours/week
- 6
-
Tammy SkinnerTAMMY SKINNER
Director
- Total calculated
- $0
- Hours/week
- 6
-
Jeanie AndersonJEANIE ANDERSON
Director
- Total calculated
- $0
- Hours/week
- 6
-
Nat MannNAT MANN
Director
- Total calculated
- $0
- Hours/week
- 6
-
Manny AlanizMANNY ALANIZ
Director
- Total calculated
- $0
- Hours/week
- 6
-
Vera GrayVERA GRAY
Director
- Total calculated
- $0
- Hours/week
- 6
-
Deborah ParrottDEBORAH PARROTT
Director
- Total calculated
- $0
- Hours/week
- 6
-
Leslie PaullLESLIE PAULL
Director
- Total calculated
- $0
- Hours/week
- 6
-
Sherry RandSHERRY RAND
Director
- Total calculated
- $0
- Hours/week
- 6
-
Scott BrunnerSCOTT BRUNNER
Director
- Total calculated
- $0
- Hours/week
- 6
-
John RichJOHN RICH
Director
- Total calculated
- $0
- Hours/week
- 6
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 16 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303209349300545
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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