ASTEC FUND INC (EIN 455343102) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Phone

4059476272

Tax Period

2024-01-01 to 2024-12-31

ASTEC FUND INC, founded in 2012, is a community nonprofit in the Education sector that reported $6.0M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.7M, a strong 95% operating margin.

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $166,430

Program Service Revenue $5,818,635

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,985,065

Expense Breakdown

Grants Paid $500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $258,158

Other Expenses $282,962

TOTAL EXPENSES $283,462

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,985,065	$4,841,978	+0.2%
Expenses	$283,462	$559,898	-0.5%
Net Income	$5,701,603	$4,282,080	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY BURGER	MEMBER	1.00	Director	$0	$0	$0
JUDY HATFIELD	MEMBER	1.00	Director	$0	$0	$0
KERRY ALEXANDER	MEMBER	1.00	Director	$0	$0	$0
LOU C KERR	MEMBER	1.00	Director	$0	$0	$0
DONNIE JONES	MEMBER	1.00	Director	$0	$0	$0
BRADLEY JORDAN	MEMBER	1.00	Director	$0	$0	$0
RITA MOORE	MEMBER	1.00	Director	$0	$0	$0
CLAYTON MOSS	MEMBER	1.00	Director	$0	$0	$0
DOUG FULLER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
FREDA DESKIN	EXECUTIVE DIRECTOR	3.50	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$5,985,065	$283,462	$21,788,098	$5,701,603
2023	$4,841,978	$559,898	$16,586,495	$4,282,080
2022	$1,841,987	$465,099	$12,017,575	$1,376,888
2021	$934,572	$58,916	$10,902,009	$875,656
2020	$214,369	$12,637	$9,346,977	$201,732
2019	$765,139	$15,388	$1,711,892	$749,751

ASTEC FUND INC