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Iowa · Nonprofit

BALLOON FEDERATION OF AMERICA

BALLOON FEDERATION OF AMERICA (Iowa) receives grants from 3 organizations whose IRS filings report $164,908 to it, the largest being THE GARY & DIANE HEAVIN COMMUNITY FUND ($163,565). 3 of them have funded it in more than one year.

Revenue FY2024
$595k
Funders on record
3
Grants received
$165k
Net assets
$977k
3/3 repeat funderspeak grant-dependency 29%
01What it does

What Balloon Federation of America does

Mission

To foster ballooning sports and education.

As stated on its FY2024 Form 990.

Program

Bimonthly publication of ballooning journal and distribution to members and subscribers.

The first program described on its most recent Form 990, which lists programs largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($270k) Expenses 100 ($249k) Net assets 100 ($448k)2018 Revenue 102 ($274k) Expenses 99 ($247k) Net assets 89 ($398k)2019 Revenue 116 ($314k) Expenses 113 ($281k) Net assets 111 ($495k)2020 Revenue 76 ($206k) Expenses 73 ($181k) Net assets 127 ($569k)2021 Revenue 110 ($298k) Expenses 111 ($278k) Net assets 141 ($632k)2022 Revenue 92 ($247k) Expenses 115 ($287k) Net assets 107 ($479k)2023 Revenue 136 ($369k) Expenses 97 ($241k) Net assets 131 ($587k)2024 Revenue 220 ($595k) Expenses 101 ($253k) Net assets 218 ($977k)
'17'18'19'20'21'22'23'24
Revenue (220)Expenses (101)Net assets (218)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $678k to $1.1M (+59%).

$500k
$514k
$586k
$679k
$743k
$571k
$678k
$1.1M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$21k
’17
$27k
’18
$33k
’19
$25k
’20
$20k
’21
−$39k
’22
$128k
’23
$342k
’24
2.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed1010111011101010
Joined·+3+5+0+2+4+4+2
No longer listed·3411542
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $7k → $107k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
funders
1
1
1
2
2
3
3
1

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BALLOON FEDERATION OF AMERICA’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BALLOON FEDERATION OF AMERICA leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 98% · 2021 99% · 2022 91% · 2023 99% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

BALLOON FEDERATION OF AMERICA draws 100% of its grant income from funders outside Iowa, across 1 state in all.

TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Iowa out of state home

Funder states come from each funder’s own filing. $343 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like BALLOON FEDERATION OF AMERICA

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Iowa

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 19%Fundraising 0%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

90%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for BALLOON FEDERATION OF AMERICA: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BALLOON FEDERATION OF AMERICA?
BALLOON FEDERATION OF AMERICA (Iowa) receives grants from 3 organizations whose IRS filings report $164,908 to it, the largest being THE GARY & DIANE HEAVIN COMMUNITY FUND ($163,565). 3 of them have funded it in more than one year.
How many funders does BALLOON FEDERATION OF AMERICA have?
IRS filings report 3 organizations giving $164,908 in grants to BALLOON FEDERATION OF AMERICA, 3 of which have funded it in more than one year.
Who is the largest funder of BALLOON FEDERATION OF AMERICA?
THE GARY & DIANE HEAVIN COMMUNITY FUND is the largest funder on record, with $163,565 in grants. The full list of funders is on this page.
How can an organization like BALLOON FEDERATION OF AMERICA find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Balloon Federation of America →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing