Nonprofit · EIN 84-3697780
XLR8X
Tax-exempt · HONOLULU, HI 96825
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990-EZ | $102,271 | $187,058 | -$84,787 | $3,898 | $9,155 | -$5,257 |
| June 30, 2023 | 990 | $454,613 | $388,676 | $65,937 | $117,799 | $38,269 | $79,530 |
Financial details: 990-EZ for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $102,229
- Other revenue
- $42
Expenses
- Compensation of officers, directors and key employees
- $147,155
- Salaries, compensation and benefits (total)
- $149,257
- Professional fees and payments to contractors
- $29,151
- Other expenses
- $8,650
- Program services (functional)
- $144,298
Balance sheet and other
- Total assets, start of year
- $117,799
- Total assets, end of year
- $3,898
- Total liabilities, end of year
- $9,155
- Net assets, end of year
- -$5,257
- Cash, savings and investments
- $3,885
- Gross receipts
- $102,271
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended June 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| OMAR SULTAN | PRESIDENT/EXEC DIR | 40 | $74,755 |
| TARIK SULTAN | TREASURER | 40 | $71,150 |
| KATARINA MATAYOSHI | SECRETARY | 40 | $1,250 |
| FRANK DE REGO | DIRECTOR | 1 | $0 |
| LUELLA COSTALES | DIRECTOR | 1 | $0 |
| STACEY KATAKURA | DIRECTOR | 1 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TARIK SULTAN | TREASURER Officer | 40 | $214,619 | $4,867 |
| OMAR SULTAN | PRESIDENT/EXEC DIR Trustee or director, Officer | 40 | $108,650 | $5,707 |
| KATARINA MATAYOSHI | SECRETARY Officer | 40 | $47,068 | $0 |
| FRANK DE REGO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LUELLA COSTALES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STACEY KATAKURA | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 7192 KALANIANAOLE HWY STE A143A, HONOLULU, HI 96825-1849
- In care of
- % OMAR SULTAN
- Mailing address (990-N for 2020)
- 7192 Kalanianaole Hwy STE A143A-256, Honolulu HI 96825
- Principal officer (990-N for 2020)
- Omar Sultan, 7192 Kalanianaole Hwy STE A143A-256, Honolulu HI 96825
- Signed the 990-EZ
- OMAR SULTAN, PRESIDENT
- Phone
- (808) 772-7255
- Website
- XLR8X.ORG
- Return prepared by
- VERITY CPAS
Mission
TO DEVELOP AND ADMINISTER ACTIVITIES AND PROGRAMS DESIGNED TO EDUCATE STUDENTS AND ENTREPENEURS, COMBAT COMMUNITY DETERIORATION, RELIEVE POVERTY AND LESSEN THE BURDENS OF THE GOVERNMENT THROUGH STIMULATING ECONOMIC DEVELOPMENT IN SELECT COMMUNITIES IN THE UNITED STATES AND AROUND THE WORLD, WITH A PARTICULAR EMPHASIS ON COMMUNITIES WITHIN THE STATE OF HAWAII.
Program accomplishments
- B2S CAPITAL CHALLENGE: INCREASING SUPPORT AND ACCESS TO CAPITAL TO UNDERSERVED COMPANIES AND COMMUNITIES. EXPANDING THE ASSISTANCE AND INVESTMENT PROVIDED TO COMPANIES IN HAWAII. SPRINT CHALLENGE: TRANSFORM IMPACTED BUSINESSES INTO AGILE, RESILIENT ORGANIZATIONS RE-EQUIPPED WITH THE BUSINESS KNOWLEDGE, TECHNICAL ASSISTANCE, PROFESSIONAL NETWORKS, AND SUPPORT COMMUNITY TH HANDLE THE PANDEMIC DISRUPTION AND SURVIVE AND THRIVE SUCCESSFULLY IN POST-COVID-19 WORLD.Expenses $144,298
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 84-3697780
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $3,898
- Income (IRS master file)
- $102,271
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2024 | $102,271 | $187,058 | $3,898 | IRS |
| 990 | June 2023 | $454,613 | $388,676 | $117,799 | XML |
| 990 | June 2022 | $622,869 | $591,271 | $31,947 | IRS |
| 990-N for 2020 Officer: Omar Sultan | June 30, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Omar Sultan | June 30, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-3697780).
Questions about XLR8X
- What is the EIN of XLR8X?
- The employer identification number (EIN) of XLR8X is 84-3697780.
- Is XLR8X tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to XLR8X tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does XLR8X file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of XLR8X due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did XLR8X last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2024.
- Who is the principal officer of XLR8X?
- The 990-N for 2020 names Omar Sultan.
- Who are the officers and directors of XLR8X?
- The 990-EZ for the year ended June 30, 2024 lists 6 people; 3 received compensation from the organization, the highest $74,755 (OMAR SULTAN, PRESIDENT/EXEC DIR).
- How much revenue does XLR8X have?
- On its 990-EZ for the year ended June 30, 2024 it reported revenue of $102,271, expenses of $187,058 and total assets of $3,898 at year end.
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- HAWAII LOCAL 2030 HUB EIN 86-2864767 · last filed 990 for 2024
- HAWAII EXECUTIVE COLLABORATIVE EIN 84-4041099 · last filed 990 for 2024
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- WAIKELE COMMUNITY ASSOCIATION EIN 99-0286632 · last filed 990 for 2024
All nonprofits in HONOLULU · Hawaii · Community improvement and capacity building