2024-02-15T08:52:14-06:00 2022-12-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD - SUITE 302 WESTBOROUGH MA 01581 990 2022-01-01 831059970 OUR GENERATION SPEAKS OURG 7817363899 415 SOUTH STREET MS035 WALTHAM MA 02452 ELLEN VARNEY CHIEF FINANCE & OPERATIONS OFFICER 7817363899 2024-02-15 1 ELLEN VARNEY 999009999 0 SANDRA M BROWN CPA P01614103 5088717178 2024-02-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ELLEN VARNEY 415 SOUTH STREET MS035 WALTHAM MA 02452 2589052 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. 7 7 0 125 0 0 509930 2589052 0 0 29 0 10202 0 520161 2589052 480279 474000 0 0 0 507558 0 0 132396 25591 1072822 505870 2054380 14291 534672 624658 2507839 304258 702848 320400 1804991 OUR MISSION IS TO CREATE AN ENTREPRENEURIAL COMMUNITY OF LEADERS TO SHAPE A MORE PEACEFUL ISRAELI-PALESTINIAN FUTURE BUILT ON TRUST. 0 0 1687132 474000 0 THE ORGANIZATION PROVIDED FUNDING OF $474,000 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, 2022, 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. 1687132 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 4 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X BECKWITH AND BROWN CPA 7813263039 231 BUSSEY STREET DEDHAM MA 02026 PERRY SOLOMON PRESIDENT 1.00 X X 0 0 0 BRADLEY BLOOM VICE PRESIDENT 1.00 X X 0 0 0 MICHAEL FRIEZE TREASURER 1.00 X 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 LOBNA AGBARIA EXECUTIVE DIRECTOR 40.00 X 145648 0 26081 145648 0 26081 1 0 1 0 0 39428 2549624 2589052 2589052 0 0 0 474000 474000 171729 94451 25759 51519 269153 173557 87514 8082 66676 42251 18399 6026 4643 4643 27884 27884 51819 23719 28100 23032 5159 17873 5221 4680 541 79609 79609 172048 172048 14217 14217 HOUSING & SUPPORT FOR P 282641 282641 PROGRAM SUPPLIES & ACTI 129682 129682 PROGRAM SITE COSTS 120000 120000 DEVELOPMENT AND FUNDRAI 89365 12897 9699 66769 72661 72438 223 2054380 1687132 234852 132396 624658 1114259 1393580 624658 2507839 228848 304258 474000 304258 702848 X 310400 319991 10000 1485000 320400 1804991 624658 2507839 X 534672 949919 X 0 1 X 1 0 X 100100 155000 261611 509930 2589052 3615693 100100 155000 261611 509930 2589052 3615693 1626446 1989247 29 29 10202 10202 3625924 0.54860 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: RETURN OF GRANT - 2021 AMOUNT: $ 10,202. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2730568 141516 141516 2589052 0 2589052 2195896 141516 141516 2054380 0 2054380 0 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 GRANT MAKING AND PROGRAM INVESTMENT 474000 0 0 0 0 0 0 474000 0 474000 COMMUNITY AND ECONOMIC DEVELOPMENT MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 10 474000 WIRE TRANSFER 0 N/A N/A 0 0 1 0 0 0 PART I, LINE 2: TWO MEMBERS OF THE BOARD ARE ASSIGNED TO EACH VENTURE. MEETINGS ARE HELD BI-WEEKLY TO MONITOR THE PROGRESS AND ACTIVITIES OF THE VENTURES THAT RECEIVE GRANTS. THE GROWTH COMMITTEE MEETS QUARTERLY WITH ALL THE VENTURES AND REVIEWS THEIR QUARTERLY REPORTS. PART III ACCOUNTING METHOD: X 0 0 0 0 0 0 0 0 0 LOBNA AGBARIA EXECUTIVE DIRECTOR 145648 0 0 0 0 0 0 0 26081 0 171729 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 BY-LAWS UPDATED DECEMBER 2023 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 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 COMPENSATION COMMITTEE. THE COMPENSATION 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 FORM 990, PART XI, LINE 9: TRANSFER OF NET ASSET ACTIVITY FROM FISCAL AGENT 949,919. FORM 990, SCHEDULE B SOME DONATIONS THAT ARE REPORTED WITHIN THIS FILING WERE SENT TO A GIFT ACCOUNT HELD BY BRANDEIS UNIVERSITY FOR THE BENEFIT OF OUR GENERATION SPEAKS AND ARE ALSO REPORTED ON SCHEDULES A AND B .