Our Generation INC FY2021 filing

Washington, DCUnknown exempt organizationEIN 26-0820953Revenue $10.3M in FY2021

On file with the IRSourgeneration.org1101 30th Street Nw No 500 · Washington, DC

This page gets seen. Tell your story. Claim this org.

To research, educate, and promote long term free market solutions in today's public policy concerns in order to leave the world better for future generations.

61¢ of each $1 spent went to programs.
$134K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $89K a year · 1% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
61%
of spending
Worth a look: 61% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$134K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.8M
350% of total assets
Concern: liabilities are 350% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.3M
+0.3% vs prior year
Spent
$11.2M
To programs
61%
Net assets
−$1.3M
By yearFY2020–FY2022
Revenue
$10.3M
FY2021+0.3%
Tap a bar for its year
Revenue by fiscal year
FY2020$10.3M
FY2021$10.3M
FY2022$5.6M
Expenses
$11.2M
FY2021▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$9.8M
FY2021$11.2M
FY2022$4.9M
Net assets
−$1.3M
FY2021▼ -212%
Tap a bar for its year
Net assets by fiscal year
FY2020−$418K
FY2021−$1.3M
FY2022$0

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

61 cents of each dollar spent went to programs.

Program services 61% · $6.9M Management & general 8% · $860K Fundraising 31% · $3.5M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

3 people listed on the 990; $134K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/Director
$109,537Pt VII · Sec A
Secretary/Director
$12,000Pt VII · Sec A
$12,000Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2022FY2021FY2020
Dan Perrin$85,123$109,537$109,537
Michael Hammond$10,000$12,000$18,000
Mark Murphy$10,000$12,000$12,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Our Generation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Researching and promoting free market solutions to improve public policy for future generations.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $6.9M · in their own filed words · FY2021
01

Public Advocacy

Publications, computation of survey answers, collecting petition signatures via traditional mail and digital sources. *educated americans on issues related to strengthening and protecting social security and motivated supporters to contact their elected officials through petitions, ballots, surveys, and polls in support of beneficial…

$6.9Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $25K · 2022–2022
Citizen Guardian INCDC · FY2022$25,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$10.3M
Ln 12
Gifts and grantsLn 1h$10.3M
Other incomeLn 4–11$21K
Money outPt IX
$11.2M
Ln 25
Programscol B$6.9M
Managementcol C$860K
Fundraisingcol D$3.5M
Owns and owesPt X
−$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$387K
Total assetsLn 16$521K
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
3
listed · VII A
PaidVII A3
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10.3M
Other incomeLn 4–11$21K
Total revenueLn 12$10.3M
Assets in detailPt X, end of year
CashLn 1$387K
Cash and savings togetherLn 1–2$387K
Total assetsLn 16$521K
LiabilitiesLn 26$1.8M
Net assetsLn 32−$1.3M
OperationsPt I, VI
EmployeesI 53
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$241K$387K
Total assetsLn 16$295K$521K
LiabilitiesLn 26$713K$1.8M
Net assetsLn 32−$418K−$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$157K$84K$50K$23K
Other salaries and wagesLn 7$72K$43K$20K$9K
Other employee benefitsLn 9$31K$20K$5K$5K
Payroll taxesLn 10$14K$9K$3K$2K
Legal feesLn 11b$12K$12K
Accounting feesLn 11c$62K$62K
Professional fundraising feesLn 11e$492K$492K
Other fees for servicesLn 11g$1.8M$1.5M$224K
Advertising and promotionLn 12$121K$121K
Office expensesLn 13$114K$38K$65K$10K
OccupancyLn 16$25K$17K$4K$4K
TravelLn 17$1K$661$179$166
Other expenses (24a–d)Ln 24$7.9M$4.7M$634K$2.5M
All other expensesLn 24e$425K$274K$3K$148K
Total functional expensesLn 25$11.2M$6.9M$860K$3.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $5.6M$4.9M$690K$0 990 PDF
FY2021 Viewing $10.3M$11.2M−$885K−$1.3M 990 PDF
FY2020 $10.3M$9.8M$462K−$418K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $10,281,358 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $10,221,187$10,260,744
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $31,822$20,614
I-12 Total revenuePrior year $10,253,009$10,281,358
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $245,328$274,256
I-16a Professional fundraising feesPrior year $436,188$492,367
I-17 Other expensesPrior year $9,109,492$10,399,456
I-18 Total expensesPrior year $9,791,008$11,166,079
I-19 Revenue less expensesPrior year $462,001−$884,721
Part VI · Governance 0 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $10,281,358 across 4 lines filed
VIII-1f All other contributions, gifts and grants$10,260,744
VIII-1h Total contributions, gifts and grants$10,260,744
VIII-5 RoyaltiesExcluded from tax $20,614$20,614
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $20,614$10,281,358
Part IX · Statement of functional expenses $11,166,079 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $83,523 · Management $49,874 · Fundraising $23,344$156,741
IX-7 Other salaries and wagesPrograms $43,453 · Management $20,440 · Fundraising $8,607$72,500
IX-9 Other employee benefitsPrograms $20,245 · Management $5,472 · Fundraising $5,093$30,810
IX-10 Payroll taxesPrograms $9,334 · Management $2,522 · Fundraising $2,349$14,205
IX-11b Legal feesManagement $12,250$12,250
IX-11c Accounting feesManagement $61,868$61,868
IX-11e Professional fundraising feesFundraising $492,367$492,367
IX-11g Other fees for servicesPrograms $1,538,836 · Fundraising $223,546$1,762,382
IX-12 Advertising and promotionPrograms $121,239$121,239
IX-13 Office expensesPrograms $38,497 · Management $65,359 · Fundraising $9,686$113,542
IX-16 OccupancyPrograms $16,559 · Management $4,475 · Fundraising $4,167$25,201
IX-17 TravelPrograms $661 · Management $179 · Fundraising $166$1,006
IX-24 Other expenses (24a–d)Programs $4,707,902 · Management $634,499 · Fundraising $2,535,024$7,877,425
IX-24e All other expensesPrograms $274,218 · Management $2,754 · Fundraising $147,571$424,543
IX-25 Total functional expensesPrograms $6,854,467 · Management $859,692 · Fundraising $3,451,920$11,166,079
Part X · Balance sheet $520,964 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $241,133$387,340
X-8 Inventories for sale or useStart of year $2,856$35,247
X-9 Prepaid expenses and deferred chargesStart of year $51,423$98,377
X-16 Total assetsStart of year $295,412$520,964
X-17 Accounts payable and accrued expensesStart of year $712,953$1,823,226
X-26 Total liabilitiesStart of year $712,953$1,823,226
X-27 Net assets without donor restrictionsStart of year −$417,541−$1,302,262
X-32 Total net assets or fund balancesStart of year −$417,541−$1,302,262
X-33 Total liabilities and net assetsStart of year $295,412$520,964
Part XI · Reconciliation of net assets −$1,302,262 net assets at year end
XI-1 Total revenue$10,281,358
XI-2 Total expenses$11,166,079
XI-3 Revenue less expenses−$884,721
XI-4 Net assets at start of year−$417,541
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$1,302,262

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.