Civic Intelligence

Astec Fund Inc

EIN 45-5343102 • 501(c)3 • Oklahoma City, OK

Profile

To benefit, perform the functions of, or carry out the purposes of astec, inc., an oklahoma not-for-profit corporation. Astec fund, inc., will raise funds from public and private sources and manage property to support education programs of astec, inc.

2401 NW 23rd St Ste 39AOklahoma City, OK 73107

www.astec-k12.com/OUR-FOUNDATION

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.52x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

87th percentile

1.80x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

97th percentile

88%

Higher net margin than 97% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

90th percentile

38%

Faster asset growth than 90% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

96th percentile

163%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$21,788,098

Up $5,201,603 (+31%) from 2023

Liabilities

Down

$8,195,784

Down $500,000 (-5.7%) from 2023

Net Assets

Up

$13,592,314

Up $5,701,603 (+72%) from 2023

Operations
Liabilities / Revenue87th percentileNet Margin97th percentile

Revenue

Up

$5,985,065

Up $1,143,087 (+24%) from 2023

Expenses

Down

$283,462

Down $276,436 (-49%) from 2023

Net Income

Up

$5,701,603

Up $1,419,523 (+33%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2013: $839,045Liabilities 2013: $557,537Net Assets 2013: $281,5082013Assets 2014: $779,289Liabilities 2014: $557,537Net Assets 2014: $221,7522014Assets 2015: $837,404Liabilities 2015: $557,537Net Assets 2015: $279,8672015Assets 2016: $886,722Liabilities 2016: $557,538Net Assets 2016: $329,1852016Assets 2017: $912,019Liabilities 2017: $363,293Net Assets 2017: $548,7262017Assets 2018: $1,089,399Liabilities 2018: $293,653Net Assets 2018: $795,7462018Assets 2019: $1,711,892Liabilities 2019: $557,537Net Assets 2019: $1,154,3552019Assets 2020: $9,346,977Liabilities 2020: $7,990,890Net Assets 2020: $1,356,0872020Assets 2021: $10,902,009Liabilities 2021: $8,670,266Net Assets 2021: $2,231,7432021Assets 2022: $12,017,575Liabilities 2022: $8,408,944Net Assets 2022: $3,608,6312022Assets 2023: $16,586,495Liabilities 2023: $8,695,784Net Assets 2023: $7,890,7112023Assets 2024: $21,788,098Liabilities 2024: $8,195,784Net Assets 2024: $13,592,3142024

Highlighted filing

2024

Assets$21,788,098
Liabilities$8,195,784
Net Assets$13,592,314
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $206,253Expenses 2013: $377,682Net Income 2013: -$171,4292013Revenue 2014: $275,929Expenses 2014: $335,685Net Income 2014: -$59,7562014Revenue 2015: $576,138Expenses 2015: $534,289Net Income 2015: $41,8492015Revenue 2016: $288,892Expenses 2016: $70,183Net Income 2016: $218,7092016Revenue 2017: $279,152Expenses 2017: $242,926Net Income 2017: $36,2262017Revenue 2018: $343,684Expenses 2018: $124,027Net Income 2018: $219,6572018Revenue 2019: $765,139Expenses 2019: $15,388Net Income 2019: $749,7512019Revenue 2020: $214,369Expenses 2020: $12,637Net Income 2020: $201,7322020Revenue 2021: $934,572Expenses 2021: $58,916Net Income 2021: $875,6562021Revenue 2022: $1,841,987Expenses 2022: $465,099Net Income 2022: $1,376,8882022Revenue 2023: $4,841,978Expenses 2023: $559,898Net Income 2023: $4,282,0802023Revenue 2024: $5,985,065Expenses 2024: $283,462Net Income 2024: $5,701,6032024

Highlighted filing

2024

Revenue$5,985,065
Expenses$283,462
Net Income$5,701,603
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,788,098
Liabilities
$8,195,784
Net assets
$13,592,314
Revenue
$5,985,065
Expenses
$283,462
Net income
$5,701,603
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.8$8.20$13.6$5.99$0.28$5.70
2023Detailed filing. Detailed filing data is available for this year.$16.6$8.70$7.89$4.84$0.56$4.28
2022Detailed filing. Detailed filing data is available for this year.$12.0$8.41$3.61$1.84$0.47$1.38
2021Detailed filing. Detailed filing data is available for this year.$10.9$8.67$2.23$0.93$0.06$0.88
2020Detailed filing. Detailed filing data is available for this year.$9.35$7.99$1.36$0.21$0.01$0.20
2019Detailed filing. Detailed filing data is available for this year.$1.71$0.56$1.15$0.77$0.02$0.75
2018Summary only. Only limited summary data is available for this year.$1.09$0.29$0.80$0.34$0.12$0.22
2017Summary only. Only limited summary data is available for this year.$0.91$0.36$0.55$0.28$0.24$0.04
2016Summary only. Only limited summary data is available for this year.$0.89$0.56$0.33$0.29$0.07$0.22
2015Summary only. Only limited summary data is available for this year.$0.84$0.56$0.28$0.58$0.53$0.04
2014Summary only. Only limited summary data is available for this year.$0.78$0.56$0.22$0.28$0.34$0.06
2013Summary only. Only limited summary data is available for this year.$0.84$0.56$0.28$0.21$0.38$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 13, 2025
Return Version
2024v5.1
Gross Receipts
$5,985,065
Mission and Program Overview

Mission

To benefit, perform the functions of, or carry out the purposes of astec, inc., an oklahoma not-for-profit corporation. Astec fund, inc., will raise funds from public and private sources and manage property to support education programs of astec, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,566,252$12,990,797▲ $424,545
Cash and Non-Interest-Bearing Accounts$4,020,243$4,487,301▲ $467,058
Savings and Temporary Cash Investments-$4,310,000-
Total Assets$16,586,495$21,788,098▲ $5,201,603
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,695,784$8,195,784▼ $500,000
Total Liabilities$8,695,784$8,195,784▼ $500,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,890,711$13,592,314▲ $5,701,603
Total Net Assets Fund Balance$7,890,711$13,592,314▲ $5,701,603
Total Liabilities and Net Assets / Fund Balance$16,586,495$21,788,098▲ $5,201,603

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,252,038-$12,252,038
Land$738,759-$738,759
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Doug FullerChairman
Freda DeskinExecutive Director
Bradley JordanMember
Clayton MossMember
Donnie JonesMember
Jerry BurgerMember
Judy HatfieldMember
Kerry AlexanderMember
Lou C KerrMember
Rita MooreMember
Revenue and Support

Revenue Composition

Contributions and Grants
$166,430
Program Service Revenue
$5,818,635
Investment Income
$0
Other Revenue
$0
All Other Contributions
$166,430
Change in Net Assets
$5,701,603
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$282,962
Grants and Similar Amounts Paid$500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$250,000--$250,000
Fees for Services Accounting-$13,276-$13,276
Fees for Services Legal-$5,167-$5,167
Advertising-$4,500-$4,500
Fees for Service Investment Mgmnt Fees$3,753--$3,753
Other Expenses$2,868$2,157-$2,868
Insurance$1,037--$1,037
Grants to Domestic Orgs$500--$500
Office Expenses-$204-$204
Total Functional Expenses$258,158$25,304$0$283,462
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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

Members or stockholder classes and rights Part VI line 6

“Aerospace science and technology education center, inc (astec, inc) is the sole member of astec fund, inc.”

Member election for additional members Part VI line 7A

“Astec inc has the ability to appoint one less than majortiy of the board of directors of astec fund inc”

Committee meeting documentation Part VI line 8B

“The organization does not have committees with authority to act on behalf of the governing body”

Form 990 governing body review Part VI line 11

“The organizations form 990 undergoes internal and external reviews. It is prepared by an independent accounting firm and reviewed by the organizations executive director. A final copy is provided to the board of directors prior to filing with the irs”

Conflict of interest policy compliance Part VI line 12C

“Astec fund inc regularly and consistently monitor and enforce compliance with the conflict of interest policy by requiring all members to sign forms each year”

Other officer or key employee compensation Part VI line 15B

“Astec fund inc did not pay any compensation in 2023”

Governing documents etc available to public Part VI line 19

“Pursuant to irc sec 6104, the organizations governing documents, conflict of interst policy and financial statements are not made available to the public.”

Filing and Contact Details

Filer

Filer Name
Astec Fund Inc
EIN
45-5343102
In Care Of
% FREDA DESKIN
Phone
4059476272
Address
2401 NW 23RD ST STE 39A, Oklahoma City, OK 73107

Signing Officer

Name
Freda Deskin
Title
Executive Director
Phone
4059476272
Signed
2025-03-13
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
Ok
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
JJ Woodie CPA
Address
10400 Greenbriar Pl, Oklahoma City, OK 73159
Preparer
Jj Woodie
Phone
4056920031
Raw XML Appendix380 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO BENEFIT, PERFORM THE FUNCTIONS OF, OR CARRY OUT THE PURPOSES OF ASTEC, INC., AN OKLAHOMA NOT-FOR-PROFIT CORPORATION. ASTEC FUND, INC., WILL RAISE FUNDS FROM PUBLIC AND PRIVATE SOURCES AND MANAGE PROPERTY TO SUPPORT EDUCATION PROGRAMS OF ASTEC, INC.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04500
IRS990/AdvertisingGrp/TotalAmt04500
IRS990/AllOtherContributionsAmt0166430
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0FREDA DESKIN
IRS990/BooksInCareOfDetail/PhoneNum04059476272
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02401 NW 23RD ST 39A
IRS990/BooksInCareOfDetail/USAddress/CityNm0Oklahoma City
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd073107
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt04020243
IRS990/CashNonInterestBearingGrp/EOYAmt04487301
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0166430
IRS990/CYGrantsAndSimilarPaidAmt0500
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0282962
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt05818635
IRS990/CYRevenuesLessExpensesAmt05701603
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0283462
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05985065
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0ASTEC FUND, INC. OWNS 19.9 ACRES OF LAND IN OKLAHOMA CITY, OK FOR DEVELOPMENT AND USE BY ASTEC, INC, AS A SCHOOL FACILITY. IN 2022, ASTEC ELEMENTARY HAD ITS FIRST FULL YEAR OF IN-SCHOOL INSTRUCTION IN THE NEW BUILDING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0258158
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013276
IRS990/FeesForServicesAccountingGrp/TotalAmt013276
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05167
IRS990/FeesForServicesLegalGrp/TotalAmt05167
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt03753
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt03753
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt93.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0JERRY BURGER
IRS990/Form990PartVIISectionAGrp/PersonNm1JUDY HATFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm2KERRY ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm3LOU C KERR
IRS990/Form990PartVIISectionAGrp/PersonNm4DONNIE JONES
IRS990/Form990PartVIISectionAGrp/PersonNm5BRADLEY JORDAN
IRS990/Form990PartVIISectionAGrp/PersonNm6RITA MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm7CLAYTON MOSS
IRS990/Form990PartVIISectionAGrp/PersonNm8DOUG FULLER
IRS990/Form990PartVIISectionAGrp/PersonNm9FREDA DESKIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05985065
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt01037
IRS990/InsuranceGrp/TotalAmt01037
IRS990/InterestGrp/ProgramServicesAmt0250000
IRS990/InterestGrp/TotalAmt0250000
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012566252
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012990797
IRS990/LandBldgEquipCostOrOtherBssAmt012990797
IRS990/LegalDomicileStateCd0OK
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO BENEFIT, PERFORM THE FUNCTIONS OF, OR CARRY OUT THE PURPOSES OF ASTEC, INC., AN OKLAHOMA NOT-FOR-PROFIT CORPORATION. ASTEC FUND, INC., WILL RAISE FUNDS FROM PUBLIC AND PRIVATE SOURCES AND MANAGE PROPERTY TO SUPPORT EDUCATION PROGRAMS OF ASTEC, INC.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt08695784
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt08195784
IRS990/NetAssetsOrFundBalancesBOYAmt07890711
IRS990/NetAssetsOrFundBalancesEOYAmt013592314
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07890711
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt013592314
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0204
IRS990/OfficeExpensesGrp/TotalAmt0204
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1TAXES & LICENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02157
IRS990/OtherExpensesGrp/ProgramServicesAmt02868
IRS990/OtherExpensesGrp/TotalAmt02157
IRS990/OtherExpensesGrp/TotalAmt12868
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05818635
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05818635
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0826349
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0559898
IRS990/PYProgramServiceRevenueAmt04015629
IRS990/PYRevenuesLessExpensesAmt04282080
IRS990/PYTotalExpensesAmt0559898
IRS990/PYTotalRevenueAmt04841978
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt05701603
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05985065
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04310000
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0false
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0731577092
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ASTEC INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt012252038
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012252038
IRS990ScheduleD/LandGrp/BookValueAmt0738759
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0738759
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012990797
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AEROSPACE SCIENCE AND TECHNOLOGY EDUCATION CENTER, INC (ASTEC, INC) IS THE SOLE MEMBER OF ASTEC FUND, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ASTEC INC HAS THE ABILITY TO APPOINT ONE LESS THAN MAJORTIY OF THE BOARD OF DIRECTORS OF ASTEC FUND INC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATIONS FORM 990 UNDERGOES INTERNAL AND EXTERNAL REVIEWS. IT IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE ORGANIZATIONS EXECUTIVE DIRECTOR. A FINAL COPY IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ASTEC FUND INC REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING ALL MEMBERS TO SIGN FORMS EACH YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ASTEC FUND INC DID NOT PAY ANY COMPENSATION IN 2023
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PURSUANT TO IRC SEC 6104, THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ASTEC INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0731577092
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501c3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02401 NW 23 STE 39A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Oklahoma City
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd073107
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt016586495
IRS990/TotalAssetsEOYAmt021788098
IRS990/TotalAssetsGrp/BOYAmt016586495
IRS990/TotalAssetsGrp/EOYAmt021788098
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0166430
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025304
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0258158
IRS990/TotalFunctionalExpensesGrp/TotalAmt0283462
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08695784
IRS990/TotalLiabilitiesEOYAmt08195784
IRS990/TotalLiabilitiesGrp/BOYAmt08695784
IRS990/TotalLiabilitiesGrp/EOYAmt08195784
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07890711
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt013592314
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0258158
IRS990/TotalProgramServiceRevenueAmt05818635
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05818635
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05985065
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt016586495
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt021788098
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.ASTEC-K12.COM/OUR-FOUNDATION
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FREDA DESKIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04059476272
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASTEC FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0ASTE
ReturnHeader/Filer/EIN0455343102
ReturnHeader/Filer/InCareOfNm0% FREDA DESKIN
ReturnHeader/Filer/PhoneNum04059476272
ReturnHeader/Filer/USAddress/AddressLine1Txt02401 NW 23RD ST STE 39A
ReturnHeader/Filer/USAddress/CityNm0Oklahoma City
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd073107
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472437940
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JJ Woodie CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010400 Greenbriar Pl
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Oklahoma City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd073159
ReturnHeader/PreparerPersonGrp/PhoneNum04056920031
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JJ WOODIE
ReturnHeader/ReturnTs02025-05-06T11:41:55-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.