Civic Intelligence

Olasteo Inc.

990EZ • Fiscal year 2021 • EIN 83-1322721

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 20, 2022

Organization Profilewww.olasteo.org
3319 Adina DriveLos Angeles, CA 90068

(504) 782-4820

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

40th percentile

1.7%

Higher net margin than 40% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

47th percentile

3.8%

Faster asset growth than 47% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

61st percentile

19%

Faster revenue growth than 61% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$52,610

Up $1,915 (+3.8%) from 2020

Net Assets

Up

$52,610

Up $1,915 (+3.8%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin40th percentile

Revenue

Up

$102,988

Up $16,731 (+19%) from 2020

Expenses

Up

$101,197

Up $61,419 (+154%) from 2020

Net Income

Down

$1,791

Down $44,688 (-96%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$60K$40K$20K$0Assets 2020: $50,695Net Assets 2020: $50,6952020Assets 2021: $52,610Net Assets 2021: $52,6102021Assets 2022: $36,314Liabilities 2022: $4,200Net Assets 2022: $32,1142022Assets 2023: $19,247Liabilities 2023: $0Net Assets 2023: $19,2472023Assets 2024: $28,690Liabilities 2024: $0Net Assets 2024: $28,6902024

Highlighted filing

2021

Assets$52,610
Liabilities-
Net Assets$52,610
Open 2021 Filing

Operations Trend

Revenue Growth61st percentile

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

$150K$100K$50K$0-$50KRevenue 2020: $86,257Expenses 2020: $39,778Net Income 2020: $46,4792020Revenue 2021: $102,988Expenses 2021: $101,197Net Income 2021: $1,7912021Revenue 2022: $101,112Expenses 2022: $121,608Net Income 2022: -$20,4962022Revenue 2023: $72,440Expenses 2023: $85,307Net Income 2023: -$12,8672023Revenue 2024: $77,720Expenses 2024: $68,277Net Income 2024: $9,4432024

Highlighted filing

2021

Revenue$102,988
Expenses$101,197
Net Income$1,791
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 20, 2022
Return Version
2021v4.2
Gross Receipts
$105,014
Mission and Program Overview

Mission

Empowering Students to Serve as Catalysts for Social Impact

Program Services

DescriptionGrantsExpenses
We offer programming and create experiences that empower students to serve as catalysts for social impact.-$90,994
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Aaron FriedmanPresident / Executive DirectorFT$0--
Cecilia FriedmanTreasurer / SecretaryPT$0--
Greg RootDirectorPT$0--
Jareck HortonDirectorPT$0--
David ButlerDirectorPT$0--
Leilany PonceDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
OLASTEO Inc
EIN
83-1322721
Phone
5047824820
Address
3319 Adina Drive, Los Angeles, CA 90068

Signing Officer

Name
Ceci Friedman
Title
Secretary Treasurer
Phone
5047824820
Signed
2022-09-20
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Group Inc
Address
2451 Atrium Way Suite 300, Nashville, TN 37214
Preparer
William G McRay EA
Phone
6153619445
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Travel 2,046”

Form 990-EZ, Part I, Line 16, Other Expenses

“Meals and entertainment 8,283”

Form 990-EZ, Part I, Line 16, Other Expenses

“Conferences, conventions, and meetings 99”

Form 990-EZ, Part I, Line 16, Other Expenses

“Advertising Promotion 45,044”

Form 990-EZ, Part I, Line 16, Other Expenses

“Bank Service Charges 2,400”

Form 990-EZ, Part I, Line 16, Other Expenses

“Insurance 1,651”

Form 990-EZ, Part I, Line 16, Other Expenses

“Licenses, Fees, Dues 679”

Form 990-EZ, Part I, Line 16, Other Expenses

“Program Expense Tickets 1,932”

Form 990-EZ, Part I, Line 16, Other Expenses

“Program Expense Speaker Honorariums 20,060”

Form 990-EZ, Part I, Line 16, Other Expenses

“Software Subscriptions 6,270”

Form 990-EZ, Part I, Line 16, Other Expenses

“Equipment Purchase 750”

Form 990-EZ, Part I, Line 16, Other Expenses

“Gifts at Conferences 1,025”

Form 990-EZ, Part I, Line 16, Other Expenses

“Covid Test for Students 140”

Form 990-EZ, Part I, Line 20, Net Assets

“The previously reported ending cash balance was understated by 124. 124”

Form 990-EZ, Part II, Line 24, Other Assets

“Accounts Receivable Beginning of year 0, End of year 6,840”

Form 990-EZ, Part II, Line 24, Other Assets

“Bitcoin Beginning of year 0, End of year 9,986”

Raw XML Appendix177 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/BusinessName/BusinessNameLine1Txt0Foundation Group Inc
IRS990EZ/BooksInCareOfDetail/PhoneNum08883619445
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02451 Atrium Way Suite 300
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Nashville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037214
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt050695
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt035784
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IRS990EZ/FundraisingGrossIncomeAmt011231
IRS990EZ/GrossReceiptsAmt0105014
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt050695
IRS990EZ/NetAssetsOrFundBalancesEOYAmt052610
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt052610
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2005.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5005.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Aaron Friedman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Cecilia Friedman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Greg Root
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jareck Horton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4David Butler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Leilany Ponce
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President / Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer / Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt016826
IRS990EZ/OtherChangesInNetAssetsAmt0124
IRS990EZ/OtherExpensesTotalAmt090379
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Empowering Students to Serve as Catalysts for Social Impact
IRS990EZ/PrintingPublicationsPostageAmt02020
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0We offer programming and create experiences that empower students to serve as catalysts for social impact.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt090994
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt02026
IRS990EZ/SpecialEventsNetIncomeLossAmt09205
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0101197
IRS990EZ/TotalProgramServiceExpensesAmt090994
IRS990EZ/TotalRevenueAmt0102988
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.olasteo.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt093783
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt086257
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt032977
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0219492
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt011231
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0219492
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt093783
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt086257
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt032977
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06475
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0219492
IRS990ScheduleA/TotalSupportAmt0219492
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel 2,046
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meals and entertainment 8,283
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, conventions, and meetings 99
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Advertising Promotion 45,044
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Service Charges 2,400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance 1,651
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Licenses, Fees, Dues 679
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Program Expense Tickets 1,932
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Program Expense Speaker Honorariums 20,060
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Software Subscriptions 6,270
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Equipment Purchase 750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Gifts at Conferences 1,025
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Covid Test for Students 140
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13The previously reported ending cash balance was understated by 124. 124
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Accounts Receivable Beginning of year 0, End of year 6,840
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Bitcoin Beginning of year 0, End of year 9,986
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part I, Line 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990-EZ, Part II, Line 24, Other Assets
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ceci Friedman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05047824820
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLASTEO Inc
ReturnHeader/Filer/BusinessNameControlTxt0OLAS
ReturnHeader/Filer/EIN0831322721
ReturnHeader/Filer/PhoneNum05047824820
ReturnHeader/Filer/USAddress/AddressLine1Txt03319 Adina Drive
ReturnHeader/Filer/USAddress/CityNm0Los Angeles
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090068
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621813735
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Foundation Group Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02451 Atrium Way Suite 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Nashville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037214
ReturnHeader/PreparerPersonGrp/PhoneNum06153619445
ReturnHeader/PreparerPersonGrp/PreparationDt02022-09-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William G McRay EA
ReturnHeader/ReturnTs02022-09-20T09:49:57-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Ceci
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Friedman
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$52,610
Liabilities
-
Net assets
$52,610
Revenue
$102,988
Expenses
$101,197
Net income
$1,791
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.78$0.68$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.72$0.85$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.36$0.04$0.32$1.01$1.22$0.20
2021Detailed filing. Detailed filing data is available for this year.$0.53$0.53$1.03$1.01$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.51$0.51$0.86$0.40$0.46