Ought Inc.

“Part VI lines 6, 7a and 7b - The organization has a sole member, Andreas Stuhlmueller. The member has the exclusive right to elect and remove any director, to set the number of authorized directors, and to amend the organization's Certificate of Incorporation. Part VI line 11b - Form 990 was circulated for review. Part VI line 12c - The organization has adopted a conflict of interest policy under which each director, officer, and key employee, as well as the top management official and the top financial official, must annually confirm that he or she has received a copy of the conflict of interest policy, has read and understood the policy, and has agreed to comply with it. Individuals are required to disclose all relevant facts regarding a transaction that may involve a potential conflict of interest to the Board or to a Board committee empowered to approve the transaction. The Board or Board committee then determines whether a conflict of interest exists, in the absence of the parties with the potential conflict. If a conflict is determined to exist, a majority of the disinterested members of the Board or Board committee then in office decide whether or not to approve the transaction. Part VI lines 15a and 15b - Compensation for both the top management officials and key employees was determined by a compensation committee comprised of directors, based on a review of market compensation paid by comparable organizations for comparable positions. The last compensation review for the President was conducted in 2018. Part VI line 19 - The organization's governing documents, conflict of interest policy, and financial statements are available upon request. The organization did not receive any request for these documents this tax year.”

“Meals - (1,242) entertainment - (180) depreciation - (255) amortization - (67) accrued pto - (4,700)”

“Description:contractors total fees:194201”

“Description:other professional fees total fees:11208”