Oklahoma · Nonprofit
ASTEC FUND INC
ASTEC FUND INC (Oklahoma) receives grants from 6 organizations whose IRS filings report $883,253 to it, the largest being INASMUCH FOUNDATION ($500,000). 1 of them have funded it in more than one year.
- Revenue FY2024
- $6.0M
- Funders on record
- 6
- Grants received
- $883k
- Net assets
- $14M
What Astec Fund Inc does
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.
As stated on its FY2024 Form 990.
Program
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 its first full year of in-school instruction in the new building.
$258,158 spent$5,985,065 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $258,158.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.7M to $9.3M (+446%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2023 17%. Grants only. Government contracts and fees sit inside program revenue.
3% of ASTEC FUND INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Freda Deskin
Executive director
Board chair
Doug Fuller
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 2 funders, grant income rose $8k → $325k.
1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of ASTEC FUND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ASTEC FUND INC leans on a few funders — its largest provides 57% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 67% · 2018 100% · 2021 100% · 2022 100% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
63% of ASTEC FUND INC's grant income comes from Oklahoma funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $753 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
ASTEC FUND INC has grown faster than three-quarters of the 11,752 education nonprofits its size.
this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024
Organizations like ASTEC FUND INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Oklahoma
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Astec Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for ASTEC FUND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ASTEC FUND INC?
- ASTEC FUND INC (Oklahoma) receives grants from 6 organizations whose IRS filings report $883,253 to it, the largest being INASMUCH FOUNDATION ($500,000). 1 of them have funded it in more than one year.
- How many funders does ASTEC FUND INC have?
- IRS filings report 6 organizations giving $883,253 in grants to ASTEC FUND INC, 1 of which have funded it in more than one year.
- Who is the largest funder of ASTEC FUND INC?
- INASMUCH FOUNDATION is the largest funder on record, with $500,000 in grants. The full list of funders is on this page.
- How can an organization like ASTEC FUND INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Oklahoma. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Astec →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing