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Oklahoma · Nonprofit

Carl Albert State College Development Fo

Carl Albert State College Development Fo (Oklahoma) receives grants from 7 organizations whose IRS filings report $577,895 to it, the largest being STRADA EDUCATION FOUNDATION INC ($399,745). 3 of them have funded it in more than one year.

Revenue FY2025
$1.9M
Funders on record
7
Grants received
$578k
Net assets
$14M
3/7 repeat funderspeak grant-dependency 33%
01What it does

What Carl Albert State College Development Fo does

Mission

The Foundation's mission is to build a residential campus, to create an endowment fund for scholarships, and to establish a program for academic enrichment. This is accomplished by providing educational opportunities through scholarships to students at Carl Albert State College and facility grants to support the building and campuses of the college.

As stated on its FY2025 Form 990.

Programs

  1. To provide educational opportunities through scholarships to students at Carl Albert State College and facility grants to support the buildings and campuses of Carl Albert State College.

    $560,073 spentof which $392,740 as grants
    54% of program spending
  2. To provide dormitory facilities to support the students of Carl Albert State College.

    $407,898 spentof which $309,000 as grants$324,914 earned by the program
    39% of program spending
  3. To provide funds to enrich academic programs.

    $77,880 spent
    7% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,045,851.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.

100 = 20172017 Revenue 100 ($1.3M) Expenses 100 ($637k) Net assets 100 ($9.0M)2018 Revenue 82 ($1.1M) Expenses 108 ($688k) Net assets 105 ($9.4M)2019 Revenue 91 ($1.2M) Expenses 144 ($916k) Net assets 109 ($9.8M)2020 Revenue 121 ($1.6M) Expenses 153 ($976k) Net assets 118 ($11M)2021 Revenue 71 ($955k) Expenses 119 ($757k) Net assets 134 ($12M)2022 Revenue 92 ($1.2M) Expenses 175 ($1.1M) Net assets 124 ($11M)2023 Revenue 97 ($1.3M) Expenses 143 ($913k) Net assets 133 ($12M)2024 Revenue 172 ($2.3M) Expenses 182 ($1.2M) Net assets 146 ($13M)2025 Revenue 140 ($1.9M) Expenses 176 ($1.1M) Net assets 155 ($14M)
'17'18'19'20'21'22'23'24'25
Revenue (140)Expenses (176)Net assets (155)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $11M to $12M (+13%).

$9.0M
$9.4M
$9.8M
$11M
$12M
$11M
$12M
$13M
$14M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 10% · 2021 8% · 2022 4%. Grants only. Government contracts and fees sit inside program revenue.

22% of Carl Albert State College Development Fo’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$706k
’17
$412k
’18
$310k
’19
$647k
’20
$198k
’21
$122k
’22
$394k
’23
$1.1M
’24
$759k
’25
10
months of
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.

Board chair

Steve Holton

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed767578768076726964
Joined·+0+11+2+7+5+2+0+5
No longer listed·184396310
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $90k → $46k.

2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 21% 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 Carl Albert State College Development Fo’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

Carl Albert State College Development Fo leans on a few funders — its largest provides 69% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Carl Albert State College Development Fo.

69%
largest funder
96%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2020 80% · 2022 99% · 2023 97% — diversifying over time.

“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

Carl Albert State College Development Fo draws 100% of its grant income from funders outside Oklahoma, across 5 states in all.

IN
MO
AR
TN
NC

In-state vs out-of-state, by year

’20
’22
’23
Oklahoma out of state home

Funder states come from each funder’s own filing. $121k arriving through sponsors registered in 2 states 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.

04Its place in the field

Against its field

Carl Albert State College Development Fo runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.

Operating margin40% · top quartile
Months of reserve10.1mo · top quartile
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like Carl Albert State College Development Fo

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

0
board members
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

49%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Carl Albert State College · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Carl Albert State College Development Fo: 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.

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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 Carl Albert State College Development Fo?
Carl Albert State College Development Fo (Oklahoma) receives grants from 7 organizations whose IRS filings report $577,895 to it, the largest being STRADA EDUCATION FOUNDATION INC ($399,745). 3 of them have funded it in more than one year.
How many funders does Carl Albert State College Development Fo have?
IRS filings report 7 organizations giving $577,895 in grants to Carl Albert State College Development Fo, 3 of which have funded it in more than one year.
Who is the largest funder of Carl Albert State College Development Fo?
STRADA EDUCATION FOUNDATION INC is the largest funder on record, with $399,745 in grants. The full list of funders is on this page.
How can an organization like Carl Albert State College Development Fo 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 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