Nonprofit · EIN 58-1764979
NATIONAL BALLOON RALLY CHARITIES INC
Tax-exempt · STATESVILLE, NC 28687
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $936,014 | $921,720 | $14,294 | $453,528 | $5,929 | $447,599 |
| December 31, 2024 | 990 | $806,282 | $793,588 | $12,694 | $439,063 | $5,758 | $433,305 |
| December 31, 2023 | 990 | $695,372 | $712,987 | -$17,615 | $422,347 | $1,736 | $420,611 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $22,187
- Program service revenue
- $906,908
- Investment income
- $6,919
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $127,000
- Other salaries and wages
- $67,500
- Salaries, compensation and benefits (total)
- $72,664
- Professional fundraising fees
- $0
- Accounting fees
- $18,020
- Occupancy
- $5,246
- Travel
- $3,450
- Depreciation
- $2,772
- Program services (functional)
- $831,036
- Management and general (functional)
- $90,684
Balance sheet and other
- Total assets, start of year
- $439,063
- Total assets, end of year
- $453,528
- Total liabilities, end of year
- $5,929
- Net assets, end of year
- $447,599
- Land, buildings and equipment
- $19,511
- Net assets without donor restrictions
- $447,599
- Gross receipts
- $936,014
- Employees
- 1
- Volunteers
- 750
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAMUEL PARKS | EXECUTIVE DI Officer | 40 | $67,500 |
| GARY COOK | BOARD CHAIR Trustee or director | 3 | $0 |
| DUNCAN DUNAVENT | DIRECTOR Trustee or director | 3 | $0 |
| DOROTHY HILT | TREASURER Trustee or director, Officer | 3 | $0 |
| CAROL JOHNSON | DIRECTOR Trustee or director | 3 | $0 |
| JENNIFER MAIN | SECRETARY Trustee or director, Officer | 3 | $0 |
| PRESSLY MATTOX | DIRECTOR Trustee or director | 3 | $0 |
| MANDY MCLAUGHLIN | DIRECTOR Trustee or director | 3 | $0 |
| BUTCH MORRISON | DIRECTOR Trustee or director | 3 | $0 |
| ROB MULLIS | DIRECTOR Trustee or director | 3 | $0 |
| KRISTINA PATE | DIRECTOR Trustee or director | 3 | $0 |
| JARED STONE | DIRECTOR Trustee or director | 3 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAMUEL PARKS | EXECUTIVE DI Officer | 40 | $45,000 |
| GARY COOK | BOARD CHAIR Trustee or director | 3 | $0 |
| DUNCAN DUNAVENT | DIRECTOR Trustee or director | 3 | $0 |
| DOROTHY HENSLEY | TREASURER Trustee or director, Officer | 3 | $0 |
| CAROL JOHNSON | DIRECTOR Trustee or director | 3 | $0 |
| JENNIFER MAIN | SECRETARY Trustee or director, Officer | 3 | $0 |
| PRESSLY MATTOX | DIRECTOR Trustee or director | 3 | $0 |
| MANDY MCLAUGHLIN | DIRECTOR Trustee or director | 3 | $0 |
| BUTCH MORRISON | DIRECTOR Trustee or director | 3 | $0 |
| ROB MULLIS | DIRECTOR Trustee or director | 3 | $0 |
| KRISTINA PATE | DIRECTOR Trustee or director | 3 | $0 |
| JARED STONE | DIRECTOR Trustee or director | 3 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DON EDWARDS | EXECUTIVE DI Officer | 40 | $38,958 |
| GARY COOK | DIRECTOR Trustee or director | 3 | $0 |
| DUNCAN DUNAVENT | DIRECTOR Trustee or director | 3 | $0 |
| BRITTANY MARLOW HILL | CHAIRMAN Trustee or director, Officer | 3 | $0 |
| CAROL JOHNSON | DIRECTOR Trustee or director | 3 | $0 |
| MANDY MCLAUGHLIN | DIRECTOR Trustee or director | 3 | $0 |
| ROB MULLIS | DIRECTOR Trustee or director | 3 | $0 |
| JANET PEKAREK | SECRETARY Trustee or director, Officer | 3 | $0 |
| ANDREW SCOTT | TREASURER Trustee or director, Officer | 3 | $0 |
| JARED STONE | DIRECTOR Trustee or director | 3 | $0 |
| BOB THOMPSON | FORMER CHAIR Trustee or director, Officer | 3 | $0 |
| JADA THOMPSON | DIRECTOR Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 267, STATESVILLE, NC 28687-0267
- In care of
- % DAVID BRADLEY
- Principal officer (990 for 2025)
- SAMUEL PARKS
- Signed the 990
- GARY COOK, BOARD CHAIR
- Phone
- (704) 873-2892
- Website
- WWW.CAROLINABALLOONFEST.COM
- Return prepared by
- POTTS STEELE & WHITE PA
Mission
HOLD AN ANNUAL BALLOON RALLY IN OCTOBER WITH PROCEEDS DISTRIBUTED TO LOCAL CHARITIES.
Program accomplishments
- HOLD AN ANNUAL BALLOON RALLY IN OCTOBER WITH PROCEEDS DISTRIBUTED TO LOCAL CHARITIES.Expenses $831,036 · grants $127,000 · revenue $906,908
- HOLD AN ANNUAL BALLOON RALLY IN OCTOBER WITH PROCEEDS DISTRIBUTED TO LOCAL CHARITIES.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1764979
- 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
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $453,528
- Income (IRS master file)
- $936,014
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $936,014 | $921,720 | $453,528 | IRS |
| 990 | December 2024 | $806,282 | $793,588 | $439,063 | XML |
| 990 | December 2023 | $695,372 | $712,987 | $422,347 | XML |
| 990 | December 2022 | $806,703 | $667,189 | $479,634 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 58-1764979).
Questions about NATIONAL BALLOON RALLY CHARITIES INC
- What is the EIN of NATIONAL BALLOON RALLY CHARITIES INC?
- The employer identification number (EIN) of NATIONAL BALLOON RALLY CHARITIES INC is 58-1764979.
- Is NATIONAL BALLOON RALLY CHARITIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to NATIONAL BALLOON RALLY CHARITIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NATIONAL BALLOON RALLY CHARITIES INC 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 RALLY CHARITIES INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NATIONAL BALLOON RALLY CHARITIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NATIONAL BALLOON RALLY CHARITIES INC?
- The 990 for the year ended December 31, 2025 names SAMUEL PARKS.
- Who are the officers and directors of NATIONAL BALLOON RALLY CHARITIES INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $67,500 (SAMUEL PARKS, EXECUTIVE DI).
- How much revenue does NATIONAL BALLOON RALLY CHARITIES INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $936,014, expenses of $921,720 and total assets of $453,528 at year end.
Other nonprofits in STATESVILLE
- ENERGYUNITED ELECTRIC MEMBERSHIP CORPORATION EIN 56-2097218 · last filed 990 for 2025
- CHILDRENS HOPE ALLIANCE EIN 56-0529993 · last filed 990 for 2025
- CHILDRENS HOPE ALLIANCE EIN 01-0653458 · last filed 990 for 2025
- HOSPICE OF IREDELL COUNTY INC EIN 56-1376577 · last filed 990 for 2025
- AMERICAN RENAISSANCE MIDDLE SCHOOL EIN 56-2143711 · last filed 990 for 2025
- PURPLE HEART HOMES INC EIN 26-3516121 · last filed 990 for 2025
- IREDELL WATER CORPORATION EIN 56-0883544 · last filed 990 for 2025
- CHILDRENS HOPE ALLIANCE EIN 38-3672492 · last filed 990 for 2025