Our Generation Inc

Nonprofit profile at a glance

EIN
260820953
IRS 990 coverage
2013–2022
Forms available
Form 990 2022, Form 990-N 2007
Location
Washington, DC, USA
Phone
3016315444
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Research Institutes and Public Policy Analysis

Official website

Reported finances

Revenue
$5,554,590
Expenses
$4,864,507
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • DAN PERRIN (PRESIDENT/DIRECTOR)

Highest reported compensation

  • DAN PERRIN (PRESIDENT/DIRECTOR): $147,965 total reported compensation
  • MARK MURPHY (SECRETARY/DIRECTOR): $12,000 total reported compensation
  • MICHAEL HAMMOND (TREASURER): $10,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

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.

What it reported doing in 2022

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 legislation.*americans urging them to take part in our grassroots campaigns through telephone calls, social media posts, letter writing, and petition drives - resulting in 6,290,242 petitions to congress.*maintained four web portals to publicize organization campaigns, information, research, blogs, and opinion pieces related to social security policy and topics pertinent to seniors, and shared information related to petition and survey campaigns. Launched a facebook group allowing senior citizens to connect locally, share stories, recipes, and photos which have organically grown to over 1000 members.*maintained eight social media outlets for public outreach, assisting seniors, providing platforms for senior commentary, and publicizing petition and grassroots outreach campaigns. Grew an online supporter base of over 20,000 members.*developed and engaged supporters in digital grassroots campaigns and motivated followers to send over 4,800 messages to their elected officials in support of social security legislation.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 93
  • Accountability: 28
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56%; rating input score 56
  • Program expense ratio: 63.9%; rating input score 64
  • Fundraising efficiency: $3.59 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 12.4%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 2.7%; rating input score 70; 70th percentile among comparable filings

Growth

  • Program expense growth: 5.2% per year; rating input score 100; 47th percentile among comparable filings
  • Revenue growth: 5.3% per year; rating input score 100; 48th percentile among comparable filings
  • Asset growth: 3.6% per year; rating input score 100; 30th percentile among comparable filings

Details

  • Where the money goes: 56% of revenue deployed · 63.9% of spending went to programs
  • Governance: 0 of 3 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3.1M in reported program spending
  • Leadership: top reported pay $148K · 3 people listed
  • Highest-paid contractors: 3 contractors listed · $1.8M reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 6 filed schedules · includes grants
  • Filing history: 10 filing years from 2013 to 2022
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • Review — Financial Efficiency: Mission deployment rate scored 56/100.
  • High — Financial Efficiency: Fundraising efficiency scored 10/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.