2024-11-13T10:15:54-06:00 2023-12-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD SUITE 302 WESTBOROUGH MA 01581 990 2023-01-01 831059970 OUR GENERATION SPEAKS INC OURG 6175102155 415 SOUTH STREET MS035 WALTHAM MA 02452 ELLEN VARNEY CFOO 6175102155 2024-11-13 1 0 SANDRA M BROWN CPA P01614103 5088717178 2024-11-06 2023 2024-10-15 13:58:12Z ELLEN VARNEY 415 SOUTH STREET MS035 WALTHAM MA 02452 4502294 0 X WWW.OGSPEAKS.COM X 2018 DE OUR MISSION IS TO CREATE AN ENTREPRENEURIAL COMMUNITY OF LEADERS TO SHAPE A MORE PEACEFUL ISRAELI-PALESTINIAN FUTURE BUILT ON TRUST. 9 9 9 125 0 0 2509892 4500393 0 0 0 0 0 1901 2509892 4502294 513000 500000 0 0 561946 1296846 0 0 332352 1053157 1113481 2128103 2910327 381789 1591967 2726919 4054804 1074811 810729 1652108 3244075 OUR MISSION IS TO CREATE AN ENTREPRENEURIAL COMMUNITY OF LEADERS TO SHAPE A MORE PEACEFUL ISRAELI-PALESTINIAN FUTURE BUILT ON TRUST. 0 0 2004805 500000 THE ORGANIZATION PROVIDED FUNDING OF $500,000 TO VENTURES INITIATED AND OPERATED BY OGS FELLOWS IN THE FORM OF GRANTS AND LOANS. AS THESE ARE EARLY-STAGE STARTUPS THERE ARE NO EXPECTATIONS OF REPAYMENT OF LOANS AND ACCORDINGLY, THE LOANS ARE EXPENSED WHEN DEEMED NOT TO BE COLLECTIBLE. DURING THE YEAR ENDED DECEMBER 31, 2023, OGS PARTNERED WITH MASSACHUSETTS INSTITUTE OF TECHNOLOGY AND MASSCHALLENGE, KEY PARTNERS. THE FEES THEY PAID WERE TO COMPENSATE MIT AND MC FOR USE OF PROGRAM FACILITIES, FACULTY, LABS, HOUSING,ETC. 2004805 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X ELLEN VARNEY 6175102155 415 SOUTH STREET WALTHAM MA 02452 LOBNA AGBARIA EXECUTIVE DIRECTOR 40.00 X 285733 0 63592 DEVAL PATRICK CHAIR 1.00 X X 0 0 0 PERRY SOLOMON VICE CHAIR 1.00 X X 0 0 0 BRADLEY BLOOM DIRECTOR 1.00 X 0 0 0 MICHAEL FRIEZE DIRECTOR 1.00 X 0 0 0 DAVID MENDELS DIRECTOR 1.00 X 0 0 0 SARI RAPKIN DIRECTOR 1.00 X 0 0 0 SALLY OURIEFF DIRECTOR 1.00 X 0 0 0 LESTER FAGEN DIRECTOR 1.00 X 0 0 0 ELLIOT KATZMAN DIRECTOR 1.00 X 0 0 0 285733 0 63592 1 0 1 0 0 1450365 3050028 4500393 CASH BACK REWARDS 900099 1901 1901 1901 4502294 0 0 1901 500000 500000 147128 80921 42986 23221 964521 446805 309806 207910 15782 7099 6272 2411 151287 70841 47988 32458 18128 8591 5774 3763 5000 5000 27580 27580 78793 135 49167 29491 61870 14184 44621 3065 3628 60 3090 478 20462 11029 6460 2973 20194 20194 20599 6654 13945 HOUSING & SUPPORT FOR P 512611 512611 PROGRAM SUPPLIES & ACTI 203767 203767 PROGRAM SITE COSTS 120470 120470 DEVELOPMENT AND FUNDRAI 26340 26340 12167 1444 10481 242 2910327 2004805 573170 332352 1114259 1350402 1612660 2654402 0 50000 2726919 4054804 349811 295729 725000 515000 1074811 810729 X 253028 646168 1399080 2597907 1652108 3244075 2726919 4054804 1591967 0 X 0 1 X 1 1 1 X 155000 261611 509930 2509892 4500393 7936826 155000 261611 509930 2509892 4500393 7936826 2034084 5902742 29 29 10202 1901 12103 7948958 0.74260 0.54060 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: RETURN OF GRANT - 2021 AMOUNT: $ 10,202. CASH BACK REWARDS - 2023 AMOUNT: $ 1,901. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 4632038 129744 129744 4502294 0 4502294 3040071 129744 129744 2910327 0 2910327 0 MIDDLE EAST AND NORTH AFRICA - ISRAEL, WEST BANK, GAZA 0 0 GRANT MAKING AND PROGRAM INVESTMENT. PROGRAM PROGRAM RECRUITMENT & FELLOWSHIP ACTIVITIES 500000 0 0 0 0 0 0 500000 0 500000 COMMUNITY AND ECONOMIC DEVELOPMENT MIDDLE EAST AND NORTH AFRICA - ISRAEL, WEST BANK, GAZA 17 500000 WIRE TRANSFER N/A N/A 0 0 1 0 0 0 PART I, LINE 2: TWO MEMBERS OF THE BOARD'S STARTUP GROWTH COMMITTEE OR ITS NETWORK OF COACHES ARE ASSIGNED TO EACH VENTURE. MEETINGS ARE HELD AT LEAST MONTHLY TO MONITOR PROGRESS AND ACTIVITIES OF THE VENTURES THAT RECEIVE GRANTS. THE STARTUP GROWTH COMMITTEE MEETS QUARTERLY WITH ALL FUNDED VENTURES AND REVIEWS THEIR QUARTERLY REPORTS. PART I, LINE 3, COLUMN (F) THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING TO REPORT EXPENDITURES. X 0 0 0 0 0 0 0 0 0 LOBNA AGBARIA EXECUTIVE DIRECTOR 250733 0 35000 0 0 0 4934 0 58658 0 349325 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY THE AUDIT COMMITTEE AND CIRCULATED TO THE BOARD BEFORE FILING FOR COMMENT. FORM 990, PART VI, SECTION B, LINE 12C NOT REQUIRED BY END OF CALENDAR YEAR AS NO DISBURSEMENTS MADE. FORM 990, PART VI, SECTION B, LINE 15 SOME OF THE ORGANIZATION'S EMPLOYEES ARE PAID THROUGH AN ADMINISTRATIVE ARRANGEMENT WITH BRANDEIS UNIVERSITY. HOWEVER THE BOARD OF OGS REMAINS RESPONSIBLE FOR THE HIRING, RECRUITMENT AND GOVERNANCE OF ITS STAFF. EXECUTIVE COMPENSATION PROGRAM IS ADMINISTERED BY THE BOARD OF DIRECTORS THROUGH ITS PERSONNEL COMMITTEE. THE PERSONNEL COMMITTEE IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING A COMPETITIVE COMPENSATION PROGRAM FOR THE KEY EXECUTIVES OF THE ORGANIZATION. THE COMMITTEE MEETS AS NEEDED TO REVIEW THE COMPENSATION PROGRAM AND MAKE RECOMMENDATIONS FOR ANY CHANGES TO THE BOARD, AS APPROPRIATE. A PERFORMANCE EVALUATION IS CONDUCTED AND REVIEWED IN THE SPRING OF EACH YEAR AND IS INTENDED TO ENSURE THAT THE COMPENSATION PROGRAM FALLS WITHIN A REASONABLE RANGE OF COMPETITIVE PRACTICES FOR COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS. FOLLOWING THIS REVIEW, THE COMMITTEE REVIEWS AND APPROVES, FOR SELECTED KEY EXECUTIVES, BASE SALARIES AND ANNUAL INCENTIVE OPPORTUNITY ADJUSTMENTS, AND OBJECTIVES AND GOALS FORTH-UPCOMING YEAR'S ANNUAL INCENTIVE PLAN. THE COMMITTEE REVIEWS AND RECOMMENDS TO THE BOARD SALARY APPROVAL AND INCENTIVE AWARDS FOR THE EXECUTIVE DIRECTOR AND SELECTED KEY SENIOR STAFF. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE ON REQUEST