Nevada · Nonprofit
CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE
CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE (Nevada) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being CARSON-TAHOE HEALTH SYSTEM ($10,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $106k
- Funders on record
- 1
- Grants received
- $10k
- Net assets
- $40k
What Carson Valley Balloon Festival Hot Air for Hope does
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.
As stated on its FY2025 Form 990.
Program
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.
$91,638 spentof which $21,500 as grants$10,288 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $91,638.
The organization over time
Each line starts at 100 in 2024, so what you read is the shape rather than the size: 150 means half as much again as 2024, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $25k to $40k (+58%).
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.
86% of CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE’s revenue is contributions — about as donation-reliant as the typical peer (87% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.
reserve
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
Left out of every figure on this page: $15k from one payer (an institutional transfer, not a grant programme, largest Carson Tahoe Regional Healthcare). These are real filings, and they are not money CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE raised.
From the IRS filings of CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE’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.
Where its funders are
100% of CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE's grant income comes from Nevada funders.
Funder states come from each funder’s own filing. 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.
Against its field
CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE runs a healthier operating margin than half of the 4,237 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 4,237 philanthropy nonprofits $100k–$1M, FY2025
Organizations like CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE
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 Nevada
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
100% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE: 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.
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 CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE?
- CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE (Nevada) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being CARSON-TAHOE HEALTH SYSTEM ($10,000). 0 of them have funded it in more than one year.
- How many funders does CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE have?
- IRS filings report 1 organization giving $10,000 in grants to CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE.
- Who is the largest funder of CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE?
- CARSON-TAHOE HEALTH SYSTEM is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
- How can an organization like CARSON VALLEY BALLOON FESTIVAL HOT AIR FOR HOPE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Nevada. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2024–2025), and the filings of 1 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