Beaver Classic is located in Ramsey, MN. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beaver Classic is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Beaver Classic generated $34.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (28.1%) each year. All expenses for the organization totaled $22.9k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (31.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE BEAVER CLASSIC IS A NONPROFIT ORGANIZATION WHOSE MISSION IS TO SUPPORT HUNTING, FISHING, AND SPORTING PROGRAMS IN MINNESOTA IN THE MEMORY OF MICHAEL MARVIN ULWELLING (BEAVER).
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FISHING EVENT FOR MN. THE DERBY BENEFITED A HIGH SCHOOL FISHING TEAM AS WELL AS THE ALEXANDRIA 4TH OF JULY FIREWORKS MOTIVATING PEOPLE TO GET OUTSIDE AND EXPERIENCE THE WONDER THAT NATURE HAS TO OFFER.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Theodore Strauch Director At Large | Trustee | 8 | $0 | 
| Bill Ulwelling Director At Large | Trustee | 10 | $0 | 
| Michelle Rothford Director At Large | Trustee | 1 | $0 | 
| Mellissa Marks Treasurer | Officer | 10 | $0 | 
| Thomas Marks Vice President | Officer | 10 | $0 | 
| Katherine Hoeke President | Officer | 10 | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $0 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $0 | 
| All other contributions, gifts, grants, and similar amounts not included above | $31,401 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,401 | 
| Total Program Service Revenue | $0 | 
| Investment income | $0 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $0 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $3,228 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $34,629 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 | 
| Grants and other assistance to domestic individuals. | $0 | 
| Grants and other assistance to Foreign Orgs/Individuals | $0 | 
| Benefits paid to or for members | $0 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $0 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | $0 | 
| Payroll taxes | $0 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $875 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $0 | 
| Advertising and promotion | $20,279 | 
| Office expenses | $1,268 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $0 | 
| Travel | $0 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $0 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $0 | 
| Insurance | $426 | 
| All other expenses | $25 | 
| Total functional expenses | $22,873 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,061 | 
| Savings and temporary cash investments | $0 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $0 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $0 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $0 | 
| Net Land, buildings, and equipment | $0 | 
| Investments—publicly traded securities | $0 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $0 | 
| Total assets | $43,061 | 
| Accounts payable and accrued expenses | $426 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Tax-exempt bond liabilities | $0 | 
| Escrow or custodial account liability | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Secured mortgages and notes payable | $0 | 
| Unsecured mortgages and notes payable | $0 | 
| Other liabilities | $0 | 
| Total liabilities | $426 | 
| Net assets without donor restrictions | $0 | 
| Net assets with donor restrictions | $0 | 
| Capital stock or trust principal, or current funds | $0 | 
| Paid-in or capital surplus, or land, building, or equipment fund | $0 | 
| Retained earnings, endowment, accumulated income, or other funds | $42,635 | 
| Total liabilities and net assets/fund balances | $43,061 |