Nonprofit · EIN 51-0137286
NATIONAL BALLOON CLASSIC LTD
Tax-exempt · INDIANOLA, IA 50125
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $913,743 | $756,954 | $156,789 | $989,404 | $0 | $989,404 |
| October 31, 2024 | 990 | $721,581 | $751,949 | -$30,368 | $832,614 | $0 | $832,614 |
| October 31, 2023 | 990 | $634,990 | $608,554 | $26,436 | $862,983 | $0 | $862,983 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $330,072
- of which government grants
- $23,515
- Program service revenue
- $492,127
- Investment income
- $56
- Net income from sales of inventory
- $52,819
- Other revenue
- $91,488
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $104,101
- Other salaries and wages
- $96,824
- Salaries, compensation and benefits (total)
- $200,925
- Professional fundraising fees
- $0
- Legal fees
- $1,178
- Accounting fees
- $5,811
- Occupancy
- $18,962
- Depreciation
- $13,601
- Program services (functional)
- $522,622
- Management and general (functional)
- $180,446
- Fundraising (functional)
- $53,886
Balance sheet and other
- Total assets, start of year
- $832,614
- Total assets, end of year
- $989,404
- Total liabilities, end of year
- $0
- Net assets, end of year
- $989,404
- Land, buildings and equipment
- $321,959
- Net assets without donor restrictions
- $989,404
- Gross receipts
- $937,833
- Employees
- 5
- Volunteers
- 300
- Year formed
- 1973
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STACI SCHEURENBRAND | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $97,853 |
| NATHAN FEHL | PRESIDENT Trustee or director, Officer | 2 | $0 |
| DARCY HOCH | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| JIM FROMM | DIRECTOR Trustee or director | 1 | $0 |
| ANN KELLER | DIRECTOR Trustee or director | 1 | $0 |
| DAVE MOELLER | DIRECTOR Trustee or director | 1 | $0 |
| PRITESH PATEL | DIRECTOR Trustee or director | 1 | $0 |
| CORT SINGLETON | DIRECTOR Trustee or director | 1 | $0 |
| KOLBY HILGENBERG | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended October 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STACI SCHEURENBRAND | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $97,305 |
| BECKY NEEDLES | PRESIDENT & TREASURER Trustee or director, Officer | 2 | $0 |
| DREW BRACKEN | LEGAL COUNSEL Trustee or director | 2 | $0 |
| NATHAN FEHL | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| DARRIN JOHNSON | SECRETARY Trustee or director | 2 | $0 |
| ANN KELLER | DIRECTOR Trustee or director | 1 | $0 |
| JIM FROMM | DIRECTOR Trustee or director | 1 | $0 |
| DARCY HOCH | DIRECTOR Trustee or director | 1 | $0 |
| DAVE MOELLER | DIRECTOR Trustee or director | 1 | $0 |
| PRITESH PATEL | DIRECTOR Trustee or director | 1 | $0 |
| MOLLY ROGALLA | DIRECTOR Trustee or director | 1 | $0 |
| CORT SINGLETON | DIRECTOR Trustee or director | 1 | $0 |
| KOLBY HILGENBERG | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended October 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STACI SCHEURENBRAND | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $95,003 | $1,200 |
| BECKY NEEDLES | PRESIDENT & TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| JIM STOCKBERGER | PAST PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DREW BRACKEN | LEGAL COUNSEL Trustee or director | 2 | $0 | $0 |
| NATHAN FEHL | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DARRIN JOHNSON | SECRETARY Trustee or director | 2 | $0 | $0 |
| ANN KELLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM FROMM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARCY HOCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVE MOELLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PRITESH PATEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MOLLY ROGALLA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CORT SINGLETON | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 346, INDIANOLA, IA 50125-0346
- Principal officer (990 for 2024)
- NATE FEHL, PO BOX 346, INDIANOLA, IA 50125
- Signed the 990
- NATE FEHL, PRESIDENT
- Phone
- (515) 961-8415
- Return prepared by
- DENMAN CPA LLP
Mission
PROMOTION OF HOT AIR BALLOONING THROUGH PUBLIC EDUCATION & ENTERTAINMENT.
Program accomplishments
- STAGED A NINE DAY SPORT BALLOONING CHAMPIONSHIP FOR THE EDUCATION AND ENJOYMENT OF THE GENERAL PUBLIC.Expenses $522,622 · revenue $492,127
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
| 2022 | October 31, 2023 | March 15, 2024 | 990 on file |
IRS record
- EIN
- 51-0137286
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $989,404
- Income (IRS master file)
- $937,833
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $913,743 | $756,954 | $989,404 | XML |
| 990 | October 2024 | $721,581 | $751,949 | $832,614 | XML |
| 990 | October 2023 | $634,990 | $608,554 | $862,983 | XML |
| 990 | October 2022 | $652,497 | $563,043 | $826,258 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0137286).
Questions about NATIONAL BALLOON CLASSIC LTD
- What is the EIN of NATIONAL BALLOON CLASSIC LTD?
- The employer identification number (EIN) of NATIONAL BALLOON CLASSIC LTD is 51-0137286.
- Is NATIONAL BALLOON CLASSIC LTD tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to NATIONAL BALLOON CLASSIC LTD tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NATIONAL BALLOON CLASSIC LTD file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NATIONAL BALLOON CLASSIC LTD due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NATIONAL BALLOON CLASSIC LTD last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of NATIONAL BALLOON CLASSIC LTD?
- The 990 for the year ended October 31, 2025 names NATE FEHL.
- Who are the officers and directors of NATIONAL BALLOON CLASSIC LTD?
- The 990 for the year ended October 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $97,853 (STACI SCHEURENBRAND, EXECUTIVE DIRECTOR).
- How much revenue does NATIONAL BALLOON CLASSIC LTD have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $913,743, expenses of $756,954 and total assets of $989,404 at year end.
Other nonprofits in INDIANOLA
- SIMPSON COLLEGE EIN 42-0680389 · last filed 990 for 2025
- MISSOURI VALLEY LINE CONSTRUCTORS APPRENTICESHIP TRAINING EIN 43-0781668 · last filed 990 for 2025
- DES MOINES METRO OPERA INC EIN 23-7319903 · last filed 990 for 2025
- HARVEST ACADEMY EIN 82-4520968 · last filed 990 for 2024
- IOWA OPERATING ENGINEERS JOINT APPRENTICESHIP AND TRAINING FUND EIN 23-7073420 · last filed 990 for 2024
- STRONG ROOTS CHRISTIAN SCHOOL EIN 88-1925973 · last filed 990 for 2025
- IOWA LABORERS DISTRICT COUNCIL HEAVY HIGHWAY TRAINING FUND EIN 42-1103470 · last filed 990 for 2024
- DES MOINES METRO OPERA FOUNDATION INC EIN 42-1376458 · last filed 990 for 2025