Zozobra The Balloon
Nonprofit profile at a glance
- EIN
- 994515737
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Santa Fe, NM, USA
- Phone
- 2067199652
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $135,100
- Expenses
- $71,086
- Assets
- $64,014
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Randy Randall (President)
- Tanya S Lenti (Vice President)
People named in this filing
- Raymond Sandoval (Executive Dir.)
- Randy Randall (President)
- Tanya S Lenti (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to inspire curiosity and lifelong learning by leveraging the Zozobra Air Balloon as a hands-on educational platform. We aim to: Spark excitement in kids about culture and history through the rich traditions surrounding Zozobra and the region.Introduce basic avionics engineering concepts in a safe, age-appropriate manner.Highlight the intersection of art, culture, science, and technology to foster curiosity and critical thinking.Promote responsible stewardship of air and aviation history while encouraging STEM exploration.Key focus areas: Educational outreach: classroom-friendly materials, demonstrations, and guided tours.Cultural appreciation: storytelling and historical context surrounding Zozobra and local heritage.Avionics and engineering: simplified explanations of balloon design, navigation, and safety systems.Community engagement: partnerships with schools, museums, and aviation clubs.Our goal is to empower youth with knowledge, inspire future scientists and engineer
What it reported doing in 2024
Zozobra, the balloon, flew four times during the fiscal year at the community events, which include the Albuquerque Balloon Fiesta, the 4th of July, New Year's Eve, and the burning of Zozobra in Santa Fe.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 100
- Sustainability: 62
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.6%; rating input score 53
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 47.4%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 0.9; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 16.7%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 52.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $71K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Officer compensation ratio scored 17/100.