Civic Intelligence

Msu Beaver Boosters Inc.

990 • Fiscal year 2025 • EIN 36-3884433

Jul 01, 2024 to Jun 30, 2025 • Filed on Apr 07, 2026

500 University Avenue WestMinot, ND 58707-0001

(701) 858-3368

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.06x

Higher debt load relative to assets than 86% of similar nonprofits.

2025 filings • NTEE T • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

83rd percentile

0.08x

Higher debt load relative to revenue than 83% of similar nonprofits.

2025 filings • NTEE T • $1M-$5M nonprofits • Source year 2025

Net Margin

67th percentile

33%

Higher net margin than 67% of similar nonprofits.

2025 filings • NTEE T • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2025 filings • NTEE T • $1M-$5M nonprofits • Source year 2025

Asset Growth

92nd percentile

37%

Faster asset growth than 92% of similar nonprofits.

2025 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

40th percentile

5.0%

Faster revenue growth than 40% of similar nonprofits.

2025 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,661,516

Up $449,631 (+37%) from 2024

Net Assets

Up

$1,561,594

Up $435,464 (+39%) from 2024

Liabilities

Up

$99,922

Up $14,167 (+17%) from 2024

Revenue

Up

$1,322,820

Up $63,044 (+5.0%) from 2024

Expenses

Down

$887,356

Down $36,765 (-4.0%) from 2024

Net Income

Up

$435,464

Up $99,809 (+30%) from 2024

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2012: $162,013Liabilities 2012: $4,200Net Assets 2012: $157,8132012Assets 2013: $125,868Liabilities 2013: $1,113Net Assets 2013: $124,7552013Assets 2014: $159,134Liabilities 2014: $1,244Net Assets 2014: $157,8902014Assets 2015: $180,140Liabilities 2015: $3,423Net Assets 2015: $176,7172015Assets 2016: $161,424Liabilities 2016: $5,885Net Assets 2016: $155,5392016Assets 2017: $205,168Liabilities 2017: $4,347Net Assets 2017: $200,8212017Assets 2018: $257,647Liabilities 2018: $30,900Net Assets 2018: $226,7472018Assets 2019: $265,084Liabilities 2019: $29,433Net Assets 2019: $235,6512019Assets 2020: $389,558Liabilities 2020: $108,925Net Assets 2020: $280,6332020Assets 2021: $484,835Liabilities 2021: $75,348Net Assets 2021: $409,4872021Assets 2022: $748,448Liabilities 2022: $103,538Net Assets 2022: $644,9102022Assets 2023: $874,917Liabilities 2023: $84,442Net Assets 2023: $790,4752023Assets 2024: $1,211,885Liabilities 2024: $85,755Net Assets 2024: $1,126,1302024Assets 2025: $1,661,516Liabilities 2025: $99,922Net Assets 2025: $1,561,5942025

Highlighted filing

2025

Assets$1,661,516
Liabilities$99,922
Net Assets$1,561,594

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2012: $372,1552012Expenses 2013: $363,1062013Revenue 2014: $471,457Expenses 2014: $438,322Net Income 2014: $33,1352014Revenue 2015: $552,049Expenses 2015: $533,222Net Income 2015: $18,8272015Revenue 2016: $399,312Expenses 2016: $420,490Net Income 2016: -$21,1782016Revenue 2017: $468,562Expenses 2017: $423,280Net Income 2017: $45,2822017Revenue 2018: $458,926Expenses 2018: $433,000Net Income 2018: $25,9262018Revenue 2019: $506,059Expenses 2019: $497,155Net Income 2019: $8,9042019Revenue 2020: $354,524Expenses 2020: $309,542Net Income 2020: $44,9822020Revenue 2021: $930,194Expenses 2021: $801,340Net Income 2021: $128,8542021Revenue 2022: $1,205,468Expenses 2022: $970,045Net Income 2022: $235,4232022Revenue 2023: $911,953Expenses 2023: $766,388Net Income 2023: $145,5652023Revenue 2024: $1,259,776Expenses 2024: $924,121Net Income 2024: $335,6552024Revenue 2025: $1,322,820Expenses 2025: $887,356Net Income 2025: $435,4642025

Highlighted filing

2025

Revenue$1,322,820
Expenses$887,356
Net Income$435,464
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Apr 7, 2026
Return Version
2024v5.5
Gross Receipts
$2,996,959
Mission and Program Overview

Mission

The beaver booster club provides funds to support athletic scholarships for students who have distinguished themselves in competition and the classroom.

To help support and promote athletics at minot state university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,126,130$1,561,594▲ $435,464
Cash and Non-Interest-Bearing Accounts$649,377$905,273▲ $255,896
Savings and Temporary Cash Investments$99,179$299,657▲ $200,478
Accounts Receivable$145,772$111,558▼ $34,214
Inventories for Sale or Use$1,628$1,523▼ $105
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,211,885$1,661,516▲ $449,631
Other Assets Total$315,929$343,505▲ $27,576
Liabilities
Accounts Payable and Accrued Expenses$85,755$99,922▲ $14,167
Total Liabilities$85,755$99,922▲ $14,167
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,126,130$1,561,594▲ $435,464
Total Liabilities and Net Assets / Fund Balance$1,211,885$1,661,516▲ $449,631

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$343,505--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cameron StonePresident
Cole StoberVice President
Dave ForthunDirector
Logan GundersonDirector
Steve DangelDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$180,451
Program Service Revenue
$0
Investment Income
$37,187
Other Revenue
$1,105,182
All Other Contributions
$180,451
Change in Net Assets
$435,464
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$650,000
Salaries, Compensation, and Employee Benefits$159,955
Other Expenses$77,401
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$650,000--$650,000
Other Salaries and Wages$110,851--$110,851
Other Employee Benefits$33,711--$33,711
Advertising$12,990--$12,990
Conferences and Meetings$9,706--$9,706
Fees for Services Other-$8,484-$8,484
Payroll Taxes$8,397--$8,397
Office Expenses$7,665--$7,665
Pension Plan Contributions$6,996--$6,996
Depreciation Depletion-$3,987-$3,987
Other Expenses$2,800--$2,800
Fees for Services Legal-$1,823-$1,823
Fees for Services Accounting-$1,024-$1,024
All Other Expenses$422$265-$687
Insurance-$115-$115
Total Functional Expenses$871,658$15,698$0$887,356
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Minot State UniversityMinot, ND501(c)(3)Scholarships to Students$650,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$2,690,428
Gaming Direct Expenses$1,643,950
Fundraising Gross Income$69,720
Fundraising Direct Expenses$30,189
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Scramble$36,075$36,075$11,284$24,791
Concessions$27,645$27,645$18,905$8,740
Total Events$69,720$69,720$30,189$39,531
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has various membership club levels.

Form 990, Part VI, Section B, Line 11B

The board of directors reviews the 990 prior to filing.

Form 990, Part VI, Section B, Line 12C

Board members monitor compliance with the conflict of interest policy.

Form 990, Part VI, Section B, Line 15

The organization does not incur salary expense.

Form 990, Part VI, Section C, Line 19

All documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Msu Beaver Boosters Inc
EIN
36-3884433
Phone
7018583368
Address
500 UNIVERSITY AVENUE WEST, MINOT, ND 58707-0001

Signing Officer

Name
Rick Hedberg
Title
VP of Advancement
Phone
7018583368
Signed
2026-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rick Hedberg
Formed
1960
Legal Domicile
Nd
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
15

Preparer

Firm
Brady Martz Pllc
Address
PO BOX 848, MINOT, ND 58702-0848
Preparer
Tory J Hill CPA
Phone
7018520196
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IRS990ScheduleA/TotalSupportAmt0873391
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0343505
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM MSU DEVELOPMENT FOUNDATION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0343505
IRS990ScheduleG/CharitableDistributionRqrInd00
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd01
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt030189
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CONCESSIONS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF SCRAMBLE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt027645
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt036075
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt06000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt069720
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt027645
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt036075
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt06000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt069720
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt039531
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt030189
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt018905
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt011284
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt01643950
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt02690428
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt02690428
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt01046478
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt01529664
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt01529664
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsOtherGamingAmt0114286
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt0114286
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd00
IRS990ScheduleG/GamingManagerBusinessName/BusinessNameLine1Txt0JON RIES
IRS990ScheduleG/GamingManagerCompensationAmt040095
IRS990ScheduleG/GamingManagerIsIndCntrctInd0X
IRS990ScheduleG/GamingManagerServicesProvTxt0MANAGE CHARITABLE GAMING SITES AND ACTIVITIES
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingRevenueReceivedByOrgAmt0650000
IRS990ScheduleG/GamingRevenueRtnBy3PrtyAmt02040428
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksName/BusinessNameLine1Txt0MINOT JUNIOR GOLF
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0317 16TH ST NW
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0MINOT
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0ND
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd058703
IRS990ScheduleG/StatesWhereGamingConductedCd0ND
IRS990ScheduleG/ThirdPartyBusinessName/BusinessNameLine1Txt0MINOT JUNIOR GOLF
IRS990ScheduleG/ThirdPartyUSAddress/AddressLine1Txt0317 16TH ST NW
IRS990ScheduleG/ThirdPartyUSAddress/CityNm0MINOT
IRS990ScheduleG/ThirdPartyUSAddress/StateAbbreviationCd0ND
IRS990ScheduleG/ThirdPartyUSAddress/ZIPCd058703
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0650000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS TO STUDENTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MINOT STATE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0456002481
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0500 UNIVERSITY AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MINOT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ND
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd058707
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL FUNDS ARE DISBURSED ACCORDING TO THE GUIDELINES ESTABLISHED BY THE BEAVER BOOSTER CONSTITUTION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS VARIOUS MEMBERSHIP CLUB LEVELS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS MONITOR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT INCUR SALARY EXPENSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01211885
IRS990/TotalAssetsEOYAmt01661516
IRS990/TotalAssetsGrp/BOYAmt01211885
IRS990/TotalAssetsGrp/EOYAmt01661516
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0180451
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015698
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0871658
IRS990/TotalFunctionalExpensesGrp/TotalAmt0887356
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt085755
IRS990/TotalLiabilitiesEOYAmt099922
IRS990/TotalLiabilitiesGrp/BOYAmt085755
IRS990/TotalLiabilitiesGrp/EOYAmt099922
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01126130
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01561594
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0871658
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01137947
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04422
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01322820
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01211885
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01661516
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.66$0.10$1.56$1.32$0.89$0.44
2024Detailed filing. Detailed filing data is available for this year.$1.21$0.09$1.13$1.26$0.92$0.34
2023Detailed filing. Detailed filing data is available for this year.$0.87$0.08$0.79$0.91$0.77$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.75$0.10$0.64$1.21$0.97$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.48$0.08$0.41$0.93$0.80$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.39$0.11$0.28$0.35$0.31$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.27$0.03$0.24$0.51$0.50$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.03$0.23$0.46$0.43$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.20$0.47$0.42$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.16$0.01$0.16$0.40$0.42$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.55$0.53$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.47$0.44$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.00$0.12$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.00$0.16$0.37