Olaleye Communications Inc

990EZ • Fiscal year 2018 • EIN 04-2957149

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

Organization Profile OLALEYE.ORG

71 Windsor StBoston, MA 02120

(857) 389-8986

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

74%

Higher net margin than 96% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

115680%

Faster asset growth than 100% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

814%

Faster revenue growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / Assets57th percentile

Assets

$23,156

Up $23,136 (+115680%) from 2017

Net Assets

$23,156

No earlier filing loaded for comparison.

Liabilities

Down

Down $9,300 (-100%) from 2017

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin96th percentile

Revenue

$44,115

Up $39,287 (+814%) from 2017

Expenses

$11,679

Up $6,733 (+136%) from 2017

Net Income

$32,436

Up $32,554 (+27588%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2018

Assets$23,156

Liabilities$0

Net Assets$23,156

Open 2018 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2018

Revenue$44,115

Expenses$11,679

Net Income$32,436

Open 2018 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2018 to Dec 31, 2018
Signed: Nov 14, 2019
Return Version: 2018v3.1
Gross Receipts: $44,115

Mission and Program Overview

Mission

Distribute educational, visual, and cultural information pertaining to the black experience and the experiences of people of color. Be a resource base for young people and schools, interested community leaders, educators, artists, historians, and scholars. Implement projects and acitivities that bring expanded world view of africanism and african culture. Raise consciousness to the value of african heritage, and to provide specifice visual images about what the heritage is and how pervasive those images are.

Program Services

Description	Grants	Expenses
THE ORGANIZATION WAS ABLE TO COLLABORATE WITH THE LIBRARY OF CONGRESS FOR THE CATALOG AND EXHIBITION OF THE AFRICAN ARTS AND IMAGES. THE ORGANIZATION ALSO HOSTED AND SUPPORTED THE EXPENSES INCURRED BY AN AMERICAN VISUAL ARTIST TO COLLABORATE WITH AFRICAN (GHANAIAN) HISTORIAN.	-	$5,502

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
REGINALD L JACKSON	President	PT	$0	-	-

Filing and Contact Details

Filer

Filer Name: Olaleye Communications Inc
EIN: 04-2957149
Phone: 8573898986
Address: 71 WINDSOR ST, Boston, MA 02120

Signing Officer

Name: Reginald Jackson
Title: President
Phone: 8573898986
Signed: 2019-11-14
Discuss with paid preparer: Yes

Preparer

Firm: Hrb Tax Group Inc
Address: 674 678 MASSACHUSETTS AVE, CAMBRIDGE, MA 02139
Preparer: Zenaida Faller
Phone: 6174417800

Supplemental Narrative

Additional Explanations

Part 1, Page 1, Line 16, Other Expenses

“Details of other expenses are: $140 - internet, $2,474 - supplies and materials, $140 - internet charges, $5,502 - travel expenses, $256 - office expenses, $50 - ma annual filing fees, $151 - research fees.”

Raw XML Appendix122 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
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IRS990EZ/BooksInCareOfDetail/PersonNm	0	REGINALD JACKSON
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	8573898986
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	71 WINDSOR STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	Roxbury Crossing
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	02120
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	20
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	23156
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	44115
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	32436
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	250
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	20
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	23156
IRS990EZ/FundraisingGrossIncomeAmt	0	0
IRS990EZ/GrossReceiptsAmt	0	44115
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	-9280
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	23156
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	-9280
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	23156
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	2585
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	REGINALD L JACKSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherExpensesTotalAmt	0	8633
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	DISTRIBUTE EDUCATIONAL, VISUAL, AND CULTURAL INFORMATION PERTAINING TO THE BLACK EXPERIENCE AND THE EXPERIENCES OF PEOPLE OF COLOR. BE A RESOURCE BASE FOR YOUNG PEOPLE AND SCHOOLS, INTERESTED COMMUNITY LEADERS, EDUCATORS, ARTISTS, HISTORIANS, AND SCHOLARS. IMPLEMENT PROJECTS AND ACITIVITIES THAT BRING EXPANDED WORLD VIEW OF AFRICANISM AND AFRICAN CULTURE. RAISE CONSCIOUSNESS TO THE VALUE OF AFRICAN HERITAGE, AND TO PROVIDE SPECIFICE VISUAL IMAGES ABOUT WHAT THE HERITAGE IS AND HOW PERVASIVE THOSE IMAGES ARE.
IRS990EZ/PrintingPublicationsPostageAmt	0	211
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE ORGANIZATION WAS ABLE TO COLLABORATE WITH THE LIBRARY OF CONGRESS FOR THE CATALOG AND EXHIBITION OF THE AFRICAN ARTS AND IMAGES. THE ORGANIZATION ALSO HOSTED AND SUPPORTED THE EXPENSES INCURRED BY AN AMERICAN VISUAL ARTIST TO COLLABORATE WITH AFRICAN (GHANAIAN) HISTORIAN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	5502
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	MA
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	9300
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	11679
IRS990EZ/TotalProgramServiceExpensesAmt	0	5502
IRS990EZ/TotalRevenueAmt	0	44115
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	OLALEYE.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	44115
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	4828
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	6185
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	3270
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	2371
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	60769
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	60769
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	44115
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	4828
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	6185
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	3270
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	2371
IRS990ScheduleA/Total509Grp/TotalAmt	0	60769
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	44115
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	4828
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	6185
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	3270
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	2371
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	60769
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DETAILS OF OTHER EXPENSES ARE: $140 - INTERNET, $2,474 - SUPPLIES AND MATERIALS, $140 - INTERNET CHARGES, $5,502 - TRAVEL EXPENSES, $256 - OFFICE EXPENSES, $50 - MA ANNUAL FILING FEES, $151 - RESEARCH FEES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	PART 1, PAGE 1, LINE 16, OTHER EXPENSES
ReturnHeader/BuildTS	0	2020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	REGINALD JACKSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8573898986
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2019-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	OLALEYE COMMUNICATIONS INC
ReturnHeader/Filer/BusinessNameControlTxt	0	OLAL
ReturnHeader/Filer/EIN	0	042957149
ReturnHeader/Filer/PhoneNum	0	8573898986
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	71 WINDSOR ST
ReturnHeader/Filer/USAddress/CityNm	0	Boston
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MA
ReturnHeader/Filer/USAddress/ZIPCd	0	02120
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	592D6227C2D0BBB084E575F06AC3D79013530654
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	592D6227C2D0BBB084E575F06AC3D79013530654
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId	0	04293220191343103967
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt	0	2019-05-14
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	73.249.255.198
ReturnHeader/FilingSecurityInformation/IPDt	0	2019-11-14
ReturnHeader/FilingSecurityInformation/IPTm	0	17:30:16
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	431871840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	HRB TAX GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	674 678 MASSACHUSETTS AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	CAMBRIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	02139
ReturnHeader/PreparerPersonGrp/PhoneNum	0	6174417800
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2019-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Zenaida Faller
ReturnHeader/ReturnTs	0	2019-11-14T23:19:06Z
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2018-01-01
ReturnHeader/TaxPeriodEndDt	0	2018-12-31
ReturnHeader/TaxYr	0	2018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $23,156
Liabilities: $0
Net assets: $23,156
Revenue: $44,115
Expenses: $11,679
Net income: $32,436

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$12.3	$12.7	$0.42	$68.8	$87.6	$18.8
2023Detailed filing. Detailed filing data is available for this year.	$18.3	$0.00	$18.3	$45.9	$29.8	$16.1
2022Detailed filing. Detailed filing data is available for this year.	$2.28	$0.00	$2.28	$12.5	$16.0	$3.52
2021Detailed filing. Detailed filing data is available for this year.	$5.79	$0.00	$5.79	$16.3	$17.4	$1.05
2020Detailed filing. Detailed filing data is available for this year.	$6.84	$0.00	$6.84	$11.5	$5.01	$6.54
2019Detailed filing. Detailed filing data is available for this year.	$0.30	$0.00	$0.30	$4.68	$27.5	$22.9
2018Detailed filing. Detailed filing data is available for this year.	$23.2	$0.00	$23.2	$44.1	$11.7	$32.4
2017Summary only. Only limited summary data is available for this year.	$0.02	$9.30		$4.83	$4.95	$0.12
2016Summary only. Only limited summary data is available for this year.	$0.05	$9.21		$6.19	$5.48	$0.71
2015Summary only. Only limited summary data is available for this year.	$0.06	$9.93		$3.27	$4.12	$0.85
2014Summary only. Only limited summary data is available for this year.	$0.02	$9.04		$2.37	$5.65	$3.28
2013Summary only. Only limited summary data is available for this year.	$3.30	$9.04		$9.84	$8.09	$1.74
2012Summary only. Only limited summary data is available for this year.	$1.10	$9.04		$8.47	$8.71	$0.24
2010Summary only. Only limited summary data is available for this year.	$1.34	$9.04		$7.27	$8.21	$0.94