# Olasteo Inc

Children's and youth services nonprofit in Los Angeles, California 90068. EIN 83-1322721. Data as of November 8, 2026.

Page: https://backpr.com/find/nonprofit/831322721-olasteo-inc

## Mission (the organization's own words)

> Empowering students to serve as catalysts for social impact.

Source: Form 990-EZ, year ending Dec 2023: https://projects.propublica.org/nonprofits/organizations/831322721/202441359349200909/full

## IRS facts

- Type: Children's and youth services (IRS activity code P30)
- Tax status: 501(c)(3), contributions deductible, recognized 2019
- Source: IRS Business Master File, posted October 13, 2026: https://www.irs.gov/charities-non-profits/exempt-organizations-business-master-file-extract-eo-bmf

## Finances (IRS Form 990 e-file data)

| Year ending | Revenue | Expenses | Assets | Net assets | Employees | Volunteers | Source |
|---|---|---|---|---|---|---|---|
| Dec 2023 | $72,440 | $85,307 | $19,247 | $19,247 | - | - | [Form 990-EZ](https://projects.propublica.org/nonprofits/organizations/831322721/202441359349200909/full) |
| Dec 2021 | $102,988 | $101,197 | $52,610 | $52,610 | - | - | [Form 990-EZ](https://projects.propublica.org/nonprofits/organizations/831322721/202232639349200608/full) |

Revenue sources, year ending Dec 2023: gifts and grants $72,399, program fees $0, investment income $0.

Growth label: **Shrinking** (about -16% a year, Dec 2021 to Dec 2023). Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.

## How it compares

- Revenue rank: 36 of 108 children's and youth services nonprofits in Los Angeles.
- Revenue $58,498 is higher than roughly 10 to 20% of 297 children's and youth services nonprofits in California; median $342,492.
- Source: IRS Business Master File, posted October 13, 2026; BackPR analysis.

## Local context

- Los Angeles County, California: about 1,944,946 children under 18 (U.S. Census Bureau, July 1, 2024): https://www2.census.gov/programs-surveys/popest/datasets/2020-2024/counties/asrh/cc-est2024-agesex-all.csv
- 3,703 youth and community nonprofits in this directory in the county: 1.9 per 1,000 children.
- Licensed programs in Los Angeles: 662 licensed child care centers, 33 school-age programs: https://backpr.com/find/california/los-angeles
- California rules: https://backpr.com/resources/states/california

## Questions

**What is Olasteo Inc's EIN?**

Olasteo Inc's EIN (Employer Identification Number) is 83-1322721. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

**Is Olasteo Inc a nonprofit?**

Yes. The IRS lists Olasteo Inc in Los Angeles, California as tax-exempt under section 501(c)(3), recognized since 2019. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

**Are donations to Olasteo Inc tax-deductible?**

Yes, the IRS lists gifts to Olasteo Inc as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

**What does Olasteo Inc do?**

In its own words on its Form 990 for the year ending Dec 2023: "Empowering students to serve as catalysts for social impact." The IRS classifies it as: Children's and youth services.

**How much money does Olasteo Inc take in?**

For the year ending Dec 2023, Olasteo Inc reported total revenue of $72,440 and total expenses of $85,307 on its Form 990-EZ (IRS Form 990 e-file data).

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Data as of November 8, 2026. Sources: IRS Business Master File, IRS Form 990 series e-file data, U.S. Census Bureau. No officer or staff names are published.
