Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
990 • Fiscal year 2023 • EIN 45-5343102
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
97th percentile
Higher net margin than 97% of similar nonprofits.
Top Officer Pay
64th percentile
Higher top officer pay than 64% of similar nonprofits.
Top officer pay equals 4.6% of source-year revenue.
Asset Growth
87th percentile
Faster asset growth than 87% of similar nonprofits.
Revenue Growth
95th percentile
Faster revenue growth than 95% of similar nonprofits.
Assets
Up$16,586,495
Up $4,568,920 (+38%) from 2022
Net Assets
Up$7,890,711
Up $4,282,080 (+119%) from 2022
Liabilities
Up$8,695,784
Up $286,840 (+3.4%) from 2022
Revenue
Up$4,841,978
Up $2,999,991 (+163%) from 2022
Expenses
Up$559,898
Up $94,799 (+20%) from 2022
Net Income
Up$4,282,080
Up $2,905,192 (+211%) from 2022
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $10,612,579 | $12,566,252 | ▲ $1,953,673 |
| Cash and Non-Interest-Bearing Accounts | $1,404,996 | $4,020,243 | ▲ $2,615,247 |
| Total Assets | $12,017,575 | $16,586,495 | ▲ $4,568,920 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $8,408,944 | $8,695,784 | ▲ $286,840 |
| Total Liabilities | $8,408,944 | $8,695,784 | ▲ $286,840 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $3,608,631 | $7,890,711 | ▲ $4,282,080 |
| Total Net Assets Fund Balance | $3,608,631 | $7,890,711 | ▲ $4,282,080 |
| Total Liabilities and Net Assets / Fund Balance | $12,017,575 | $16,586,495 | ▲ $4,568,920 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,953,673 | - | - |
| Land | $10,612,579 | - | - |
| Name | Title |
|---|---|
| Doug Fuller | Chairman |
| Freda Deskin | Executive Director |
| Bradley Jordan | Member |
| Clayton Moss | Member |
| Donnie Jones | Member |
| Jerry Burger | Member |
| Judy Hatfield | Member |
| Kerry Alexander | Member |
| Lou C Kerr | Member |
| Rita Moore | Member |
| Line Item | Amount |
|---|---|
| Other Expenses | $559,898 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $473,533 | - | - | $473,533 |
| Insurance | $73,150 | - | - | $73,150 |
| Fees for Services Legal | - | $13,145 | - | $13,145 |
| Office Expenses | - | $70 | - | $70 |
| Total Functional Expenses | $546,683 | $13,215 | $0 | $559,898 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Aerospace science and technology education center, inc (astec, inc) is the sole member of astec fund, inc.”
“Astec inc has the ability to appoint one less than majortiy of the board of directors of astec fund inc”
“The organization does not have committees with authority to act on behalf of the governing body”
“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”
“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”
“Astec fund inc did not pay any compensation in 2023”
“Pursuant to irc sec 6104, the organizations governing documents, conflict of interst policy and financial statements are not made available to the public.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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. |
| IRS990/AllOtherContributionsAmt | 0 | 1349 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | FREDA DESKIN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4059476272 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2401 NW 23RD ST 39A |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Oklahoma City |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OK |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 73107 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1404996 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 4020243 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 826349 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 559898 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 4015629 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 4282080 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 559898 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 4841978 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | ASTEC 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 A YEAR OF IN-SCHOOL INSTRUCTION IN THE NEW BUILDING. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 546683 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 13145 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 13145 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 3.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | FREDA DESKIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | BRADLEY JORDAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DONNIE JONES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | CLAYTON MOSS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | RITA MOORE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LOU C KERR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JERRY BURGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JUDY HATFIELD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | KERRY ALEXANDER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DOUG FULLER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 224865 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | CHAIRMAN |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2012 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GovernmentGrantsAmt | 0 | 825000 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 4841978 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 73150 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 73150 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 473533 |
| IRS990/InterestGrp/TotalAmt | 0 | 473533 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 10612579 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 12566252 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 12566252 |
| IRS990/LegalDomicileStateCd | 0 | OK |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | false |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 8408944 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 8695784 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3608631 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 7890711 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 3608631 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 7890711 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 70 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 70 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4015629 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 4015629 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 177 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYOtherExpensesAmt | 0 | 465099 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1841810 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 1376888 |
| IRS990/PYTotalExpensesAmt | 0 | 465099 |
| IRS990/PYTotalRevenueAmt | 0 | 1841987 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 4282080 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 4841978 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | false |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | SECOND, THE CHIEF EXECUTIVE OFFICER OF ASTEC, INC. SERVES ON THE FUNDS EXECUTIVE COMMITTEE, WHICH IS AUTHORIZED TO EXERCISE THE AUTHORITY OF THE BOARD, WITH CERTAIN LIMITATIONS. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | PART IV, SECTION C, LINE 1:ASTEC FUND INC.S SUPPORTED ORGANIZATION, AEROSPACE SCIENCE AND TECHNOLOGY EDUCATION CENTER, INC. (ASTEC, INC.) HAS A SIGNIFICANT VOICE IN THE FUNDS INVESTMENT POLICIES AND DIRECTING THE USE OF ASTEC FUND, INC.S INCOME AND ASSETS.FIRST, ASTEC, INC. ELECTS ONE LESS THAN A MAJORITY OF THE FUNDS BOARD OF DIRECTORS (BOARD). ASTEC, INC. OFFICERS AND DIRECTORS ALSO HOLD NON-VOTING EX-OFFICIO SEATS ON THE BOARD. FURTHER, A QUORUM OF THE BOARD REQUIRES THE PRESENCE OF AT LEAST ONE DIRECTOR APPOINTED BY ASTEC. INC, ACCORDINGLY, WHILE IT DOES NOT HAVE VOTING CONTROL OF THE BOARD, ASTEC. INC. HAS SIGNIFICANT BOARD REPRESENTATION. THIRD, THE BYLAWS OF THE FUND REQUIRE THAT THE TREASURER MUST MAKE ALL FINANCIAL INFORMATION OF THE FUND AVAILABLE TO ANY DIRECTOR (WHETHER EX-OFFICIO OR NOT) UPON REQUEST. THUS ASTEC, INC. OFFICERS (IN THEIR CAPACITY AS EX-OFFICIO DIRECTORS) HAVE FULL ACCESS TO FINANCIAL INFORMATION AND RECORDS OF THE FUND.LASTLY, THE FUND HOLDS THE MAJORITY OF ASTEC. INC.S ASSETS. ACCORDINGLY, ASTEC, INC. WILL BE ACTIVELY INVOLVED IN THE INVESTMENT POLICES AND THE USE OF THE FUNDS INCOME AND ASSETS. THE ACTIVITIES OF THE FUND ARE VITALLY IMPORTANT TO ASTEC, INC. AND THE RELATIONSHIP BETWEEN THE TWO ENTITIES HAS BEEN STRUCTURED TO ENSURE THAT ASTEC, INC. IS ABLE TO BOTH OBTAIN REGULAR INFORMATION REGARDING SUCH ACTIVITIES AND PROVIDE DIRECTION AND GUIDANCE TO THE FUND |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Supported Organization without IRS determinationPart IV line 2 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | Majority of directors or trustees Part IV Sect C |
| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
| IRS990ScheduleA/MajorityDirTrstSupportedOrgInd | 0 | false |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 731577092 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | ASTEC INC |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType2Ind | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1953673 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 1953673 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 10612579 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 10612579 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 12566252 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | false |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | false |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 210083 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 14782 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | FREDA DESKIN |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 224865 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | AEROSPACE SCIENCE AND TECHNOLOGY EDUCATION CENTER, INC (ASTEC, INC) IS THE SOLE MEMBER OF ASTEC FUND, INC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ASTEC INC HAS THE ABILITY TO APPOINT ONE LESS THAN MAJORTIY OF THE BOARD OF DIRECTORS OF ASTEC FUND INC |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | ASTEC FUND INC DID NOT PAY ANY COMPENSATION IN 2023 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | PURSUANT TO IRC SEC 6104, THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Members or stockholder classes and rights Part VI line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Member election for additional members Part VI line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Committee meeting documentation Part VI line 8b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other officer or key employee compensation Part VI line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Governing documents etc available to public Part VI line 19 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | ASTEC INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 731577092 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501c3 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | OK |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | EDUCATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | 2 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 2401 NW 23 STE 39A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | Oklahoma City |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | OK |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 73107 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | OK |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 12017575 |
| IRS990/TotalAssetsEOYAmt | 0 | 16586495 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 12017575 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 16586495 |
| IRS990/TotalCompGreaterThan150KInd | 0 | true |
| IRS990/TotalContributionsAmt | 0 | 826349 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 13215 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 546683 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 559898 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 8408944 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 8695784 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 8408944 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 8695784 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 3608631 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 7890711 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 546683 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 4015629 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4015629 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 4841978 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 12017575 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 16586495 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 224865 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | WWW.ASTEC-K12.COM/OUR-FOUNDATION |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | FREDA DESKIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | MEMBER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4059476272 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-05-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ASTEC FUND INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ASTE |
| ReturnHeader/Filer/EIN | 0 | 455343102 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2401 NW 23RD ST STE 39A |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Oklahoma City |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | OK |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 73107 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 472437940 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | JJ Woodie CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 10400 Greenbriar Pl |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Oklahoma City |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | OK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 73159 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4056920031 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-07-02 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JJ Woodie |
| ReturnHeader/ReturnTs | 0 | 2024-07-02T15:38:16-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | FREDA |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | DESKIN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.