Beaver Classic EIN 87-1882753

Beaver Classic FY2023 filing

EIN  87-1882753 Public charity (501(c)(3)) Ramsey, MN
Form 990 (PDF)
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Size
<$100K
What they do
Supports hunting, fishing, and sporting programs in Minnesota.
Leadership
Theodore Strauch · Director at Large
Money in and out
$128K revenue, $119K expenses
Bottom line
0% program efficiency

Supports hunting, fishing, and sporting programs in Minnesota. For fiscal year 2023 it reported $128K in revenue, $119K in expenses, and $31K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$128K
Pt VIII · Ln 12
Total expenses
$119K
Pt IX · Ln 25
Net assets
$31K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $9K
Where spending went · Part IX cols B–D
Program services $0.00 Management & general $0.00 Fundraising $1.00
Program efficiency
0%
of spending reaches programs
Operating runway
3.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$128K
FY2023▲ +38%
Expenses
$119K
FY2023▲ +66%
Total assets
$31K
FY2023▲ +32%
Total liabilities
$0
FY2023▼ -100%
Total revenue
$128K
Pt VIII · Ln 12
Total expenses
$119K
Pt IX · Ln 25
Net assets
$31K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$9K
Total assetsPt X · Ln 16$31K
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $26 of program spending, described in the organization's own filed words · FY2022.
01

Provided fishing event for MN. The derby benefited a high school fishing team as well as the 2022 alexandria 4TH of july fireworks motivating people to get outside and experience the wonder that nature has to offer.

$26program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBeaver Classic
EINHdr · item D87-1882753
Principal addressHdr · item CRamsey, MN
WebsiteHdr · item Jwww.beaverclassic.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C30)
Ruling yearIRS BMFJan 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Director at Large
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue$88K · 68%
Contributions & grants$40K · 32%
Other revenue68%$88K
Contributions & grants32%$40K
Total revenueLn 12$128K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.00 Management & general $0.00 Fundraising $1.00
Program services$26
Management & general$167
Fundraising100%$119K
Total functional expensesLn 25$119K

Balance Sheet

Part X · end of year
CashLn 1$31K
Total assetsLn 16$31K
Total liabilitiesLn 26$0
Total net assetsLn 32$31K
Months of cash on handcomputed3.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $31K · Operating expenses/yr $119K
3.1 months
Where the money goes
Program services
Program services $26 · Total expenses $119K
0%
Management & General
Management & general $167 · Total expenses $119K
0%
Fundraising
Fundraising $119K · Total expenses $119K
100%
Cost to raise $1
Fundraising expense (2-yr avg) $94K · Solicited contributions (2-yr avg) $67K
$1.41 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $40K · Total revenue $128K
32%
Government reliance
Government grants — · Total revenue $128K
Earned-income share
Program service revenue $0 · Total revenue $128K
0%
Investment reliance
Investment income $0 · Total revenue $128K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $119K
0%
Growth & trend
Revenue growth (YoY)
This year $128K · Prior year $93K
+38%
Net-asset trend (YoY)
End of year $31K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $128K · Expenses $119K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $31K
Net-asset ratio
Net assets $31K · Total assets $31K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $31K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Theodore Strauch · Reported title DIRECTOR AT LARGE · Highest reported compensation $0 · Total expenses $119K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $119K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 0%
Overhead ratio 0%
Fundraising cost ratio 293%
Revenue growth 38%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$36K revenue · ⤓ 990 PDF
FY2024$35K revenue · ⤓ 990 PDF
FY2023$128K revenue · viewing · ⤓ 990 PDF
FY2022$93K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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