Civic Intelligence

Olasteo Inc.

990EZ • Fiscal year 2023 • EIN 83-1322721

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

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

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

21st percentile

-18%

Higher net margin than 21% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

11th percentile

-47%

Faster asset growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

20th percentile

-28%

Faster revenue growth than 20% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$19,247

Down $17,067 (-47%) from 2022

Net Assets

Down

$19,247

Down $12,867 (-40%) from 2022

Liabilities

Down

$0

Down $4,200 (-100%) from 2022

Revenue

Down

$72,440

Down $28,672 (-28%) from 2022

Expenses

Down

$85,307

Down $36,301 (-30%) from 2022

Net Income

Up

-$12,867

Up $7,629 (+37%) from 2022

Historical Trend

Balance Sheet Trend

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

2023

Assets$19,247
Liabilities$0
Net Assets$19,247

Operations Trend

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

2023

Revenue$72,440
Expenses$85,307
Net Income-$12,867
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$72,440
Mission and Program Overview

Mission

Empowering Students to Serve as Catalysts for Social Impact

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.$0$70,145
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
AARON FRIEDMANPresident / Executive DirectorPT$0--
CECILIA FRIEDMANTreasurer / SecretaryPT$0--
GREG ROOTDirector-$0--
JARECK HORTONDirector-$0--
DAVID BUTLERDirector-$0--
LEILANY PONCEDirector-$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
Cecilia Friedman
Title
Treasurer / Secretary
Phone
5047824820
Signed
2024-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Caliber Accounting & Tax Llp
Address
575 PRICE STREET SUITE 312, PISMO BEACH, CA 93449
Preparer
Lisa Modglin
Phone
8058880200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: other income. Amount: 41.

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

Description: licenses, fees & dues. Amount: 163. Description: processing fees. Amount: 1,106. Description: insurance. Amount: 1,700. Description: advertising & promotion. Amount: 1,100. Description: software & subscriptions. Amount: 5,385. Description: other miscellaneous. Amount: 58. Description: travel. Amount: 47,953. Description: meals and entertainment. Amount: 11,749. Description: program expense - tickets. Amount: 3,464. Description: program expense - tours. Amount: 5,571. Description: program expense - supplies. Amount: 328. Description: program expense - other. Amount: 1,081. Total to form 990-ez, line 16: 79,658.

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

Description: bitcoin. Beg. Of year amount: 9,986. End of year amount: 9,986. Description: credit card receivable. Beg. Of year amount: 8. End of year amount: 597.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: loans payable to officer. Beg. Of year amount: 4,200. End of year amount: 0.

Raw XML Appendix174 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.

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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/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OTHER INCOME. AMOUNT: 41.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: LICENSES, FEES & DUES. AMOUNT: 163. DESCRIPTION: PROCESSING FEES. AMOUNT: 1,106. DESCRIPTION: INSURANCE. AMOUNT: 1,700. DESCRIPTION: ADVERTISING & PROMOTION. AMOUNT: 1,100. DESCRIPTION: SOFTWARE & SUBSCRIPTIONS. AMOUNT: 5,385. DESCRIPTION: OTHER MISCELLANEOUS. AMOUNT: 58. DESCRIPTION: TRAVEL. AMOUNT: 47,953. DESCRIPTION: MEALS AND ENTERTAINMENT. AMOUNT: 11,749. DESCRIPTION: PROGRAM EXPENSE - TICKETS. AMOUNT: 3,464. DESCRIPTION: PROGRAM EXPENSE - TOURS. AMOUNT: 5,571. DESCRIPTION: PROGRAM EXPENSE - SUPPLIES. AMOUNT: 328. DESCRIPTION: PROGRAM EXPENSE - OTHER. AMOUNT: 1,081. TOTAL TO FORM 990-EZ, LINE 16: 79,658.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: BITCOIN. BEG. OF YEAR AMOUNT: 9,986. END OF YEAR AMOUNT: 9,986. DESCRIPTION: CREDIT CARD RECEIVABLE. BEG. OF YEAR AMOUNT: 8. END OF YEAR AMOUNT: 597.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: LOANS PAYABLE TO OFFICER. BEG. OF YEAR AMOUNT: 4,200. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0CECILIA FRIEDMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER / SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum05047824820
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-08
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
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CALIBER ACCOUNTING & TAX LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0575 PRICE STREET SUITE 312
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PISMO BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093449
ReturnHeader/PreparerPersonGrp/PhoneNum08058880200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA MODGLIN
ReturnHeader/ReturnTs02024-05-14T06:48:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CECILIA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FRIEDMAN
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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