First of all, I agree that for the purpose of a 5th grade level project the styrofoam ball idea is the best way to go. Here is an alternate site with more information on Neon:
http://www.webelements.com/webelements/ ... e/key.html
As the previous posts point out, this model (like most models) does not accurately reflect nature. But you also want to consider what the context of the project is.
If the context is chemistry, for example, the interesting part of the atom are the electrons since their available energy states (the orbits in the planetary model) determine what kind of chemical bonds the Neon atom can have. In that spirit, using small styrofoam balls to depict the electrons is fine. But remember that we don't really know the size of an electron - for all we know, they are pointlike and we sometimes visualize them as zipping around the atom in some random fashion. Hence the idea of clouds of electrons shrouding the nucleus. I once saw a styrofoam model of a nucleus embedded in large amounts of cotton fluff. But again, if chemistry is the context, the electron energy levels are the important part and planetary orbits illustrate this information much better.
Now on the site I quote above, you can find information on the orbitals - these are not the orbits of the planetary model, but rather volumes centered on the nucleus in which you are most likely to find the electron. Their shapes and sizes depend on the electron's energy level and angular momentum.
The side also has numbers for the different radii you can attribute to Neon. No matter which one you choose, they give you a good idea of the dimensions you are dealing with. For example, it quotes the atomic radius at 38 picometers (roughly a billionth of an inch).
The atomic radius can be looked at as the size of the electron cloud averaged over all electrons at their lowest energy levels.
The radius of a proton is about 0.83 femtometers, roughly 20,000 times smaller than the atomic radius.
So if a proton is represented by a 1-inch diameter styrofoam ball, then the electron would be the size of the tip of a pin and flying around the styrofoam model in a volume 1666 feet across, about a third of a mile.
Obviously you can't build a model of those dimensions. But you can mention this kind of size comparison when presenting your model.
If the context is nuclear physics, the protons and neutrons are the more interesting part, and you want to be aware that they consist of even smaller particles (quarks and gluons). Now the actual sizes of the styrofoam balls really begin to matter more. If you dig deeper, you get into elementary particle physics, and it makes little sense to regard protons and neutrons as solid balls.