2022-11-09T08:51:22-06:00 2021-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2021-01-01 200407083 GREENLIGHT FUND INC GREE 6179128980 50 MILK STREET 16TH FLOOR BOSTON MA 02109 MARGARET HALL CEO 6179128983 2022-11-08 1 MARGARET HALL XXX-XX-XXXX KATIE BELANGER CPA P01585213 5083669100 2022-11-08 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MARGARET HALL 50 MILK STREET 16TH FLOOR BOSTON MA 02109 31928474 0 X WWW.GREENLIGHTFUND.ORG X 2003 MA THE GREENLIGHT FUND TRANSFORMS THE LIVES OF CHILDREN AND FAMILIES IN HIGH-POVERTY URBAN AREAS BY CREATING INFRASTRUCTURE AND A CONSISTENT ANNUAL PROCESS IN CITIES TO IDENTIFY CRITICAL NEEDS, IMPORT INNOVATIVE ENTREPRENEURIAL PROGRAMS THAT CAN HAVE A SIGNIFICANT AND MEASURABLE IMPACT, AND GALVANIZE LOCAL AND NATIONAL SUPPORT TO HELP PROGRAMS REACH AND SUSTAIN IMPACT IN THE NEW CITY. 14 13 46 326 0 0 9938874 25858662 0 0 31858 12538 -102765 -44554 9867967 25826646 2295164 2757374 0 0 3142390 3676124 0 0 293495 1052385 1230178 6489939 7663676 3378028 18162970 23880758 42352502 141233 606932 23739525 41745570 X THE GREENLIGHT FUND TRANSFORMS THE LIVES OF CHILDREN AND FAMILIES IN HIGH-POVERTY URBAN AREAS BY CREATING INFRASTRUCTURE AND A CONSISTENT ANNUAL PROCESS IN CITIES TO IDENTIFY CRITICAL NEEDS, IMPORT INNOVATIVE ENTREPRENEURIAL PROGRAMS THAT CAN HAVE A SIGNIFICANT AND MEASURABLE IMPACT, AND GALVANIZE LOCAL AND NATIONAL SUPPORT TO HELP PROGRAMS REACH AND SUSTAIN IMPACT IN THE NEW CITY. 0 0 6345912 2757374 TO MEET ITS MISSION IN THE TEN CITIES WHERE IT OPERATES, THE GREENLIGHT FUND DOES THE FOLLOWING:- RUNS AN ANNUAL PROCESS TO IDENTIFY CRITICAL COMMUNITY NEEDS; SEARCHES THE COUNTRY TO FIND INNOVATIVE, RESULTS-ORIENTED NONPROFIT APPROACHES TO MEETING NEEDS; CONDUCTS RIGOROUS DILIGENCE ON THESE NONPROFITS TO UNDERSTAND THEIR OUTCOMES, REVENUE MODEL, REPLICABILITY, AND POTENTIAL FIT ON THE LOCAL LANDSCAPE; AND SELECTS ONE ORGANIZATION TO IMPORT INTO THE CITY THAT SHOWS THE GREATEST PROMISE OF MAKING A SIGNIFICANT, MEASURABLE IMPACT AS COST EFFECTIVELY AS POSSIBLE.- SUPPORTS ORGANIZATIONS IT SELECTS WITH FINANCIAL AND NON-FINANCIAL ASSISTANCE. GREENLIGHT TYPICALLY PROVIDES AROUND $600,000 OVER AN ORGANIZATION'S FIRST FOUR YEARS IN THE NEW CITY, HELPS ATTRACT TALENTED LEADERSHIP TO THEIR LOCAL STAFF AND BOARDS, TAKES A SEAT ON THEIR LOCAL BOARDS, FACILITATES PARTNERSHIPS AND ADDITIONAL RESOURCES, AND SUPPORTS AND MONITORS PROGRESS TO BECOME SUSTAINABLE IN THE NEW LOCATION.- LAUNCHES ORGANIZATIONS IN THE COMMUNITY BY SHOWCASING THEM AT EVENTS WHERE THEY CAN BUILD AWARENESS AND RECRUIT NEW SUPPORTERS.SINCE ITS FOUNDING IN BOSTON IN 2004, THE GREENLIGHT FUND HAS IMPORTED THIRTEEN ORGANIZATIONS INTO BOSTON: FRIENDS OF THE CHILDREN-BOSTON, RAISING A READER-MASSACHUSETTS, PEER HEALTH EXCHANGE, YOUTH VILLAGES' LIFESET PROGRAM, UPTOGETHER, SINGLE STOP USA, THE NEW TEACHER CENTER, COLLEGE ADVISING CORPS, BLUEPRINT SCHOOLS NETWORK, CAREMESSAGE, YOUTH GUIDANCE: BECOMING A MAN, PER SCHOLAS, AND YOUTH GUIDANCE: WORKING ON WOMANHOOD.SINCE 2012 WHEN IT WAS ESTABLISHED IN PHILADELPHIA, GREENLIGHT PHILADELPHIA HAS IMPORTED SINGLE STOP USA, YEAR UP, CENTER FOR EMPLOYMENT OPPORTUNITIES, PARENTCHILD+, AND COMPASS WORKING CAPITAL INTO THE CITY.SINCE 2012 WHEN IT WAS FOUNDED IN THE SAN FRANCISCO BAY AREA, GREENLIGHT BAY AREA HAS IMPORTED GENESYS WORKS, UASPIRE, SPRINGBOARD COLLABORATIVE, BLUEPRINT MATH FELLOWS, PARENTCHILD+, EVERYONE ON, AND FOOD CONNECT INTO THE BAY AREA. SINCE 2015 WHEN IT WAS FOUNDED IN CINCINNATI, GREENLIGHT CINCINNATI HAS IMPORTED CENTER FOR EMPLOYMENT OPPORTUNITIES, UPTOGETHER AND FIRST PLACE FOR YOUTH INTO THE CITY. SINCE 2016 WHEN IT WAS FOUNDED IN DETROIT, GREENLIGHT DETROIT HAS IMPORTED CENTER FOR EMPLOYMENT OPPORTUNITIES, NEW TEACHER CENTER, AND SPRINGBOARD COLLABORATIVE INTO THE CITY.SINCE 2017 WHEN IT WAS FOUNDED IN CHARLOTTE, GREENLIGHT CHARLOTTE HAS IMPORTED PARENTCHILD+, CENTER FOR EMPLOYMENT OPPORTUNITIES, AND ALTERNATIVES TO VIOLENCE INTO THE CITY. SINCE 2018, WHEN IT WAS FOUNDED IN KANSAS CITY, GREENLIGHT KANSAS CITY HAS IMPORTED YOUTH GUIDANCE: BECOMING A MAN AND YOUTH GUIDANCE: WORKING ON WOMANHOOD INTO THE CITY. SINCE 2019 WHEN IT WAS FOUNDED IN ATLANTA, GREENLIGHT ATLANTA HAS IMPORTED CENTER FOR EMPLOYMENT OPPORTUNITIES AND THE LITERACY LAB'S LEADING MEN FELLOWSHIP INTO THE CLTY.IN 2020, GREENLIGHT FUND LAUNCHED ITS NINTH SITE, TWIN CITIES, AND BEGAN ITS FIRST SELECTION PROCESS IN 2020.IN 2021, GREENLIGHT FUND LAUNCHED ITS TENTH SITE, BALTIMORE, AND BEGAN ITS FIRST SELECTION PROCESS INTO 2021.ACROSS GREENLIGHT FUND'S TEN LOCATIONS, IN 2021 GREENLIGHT-SUPPORTED ORGANIZATIONS REACHED 384,200 CHILDREN, YOUTH AND FAMILIES WITH THEIR INNOVATIVE PROGRAMS THAT ARE ACHIEVING MEASURABLE RESULTS IN THEIR EFFORTS TO TRANSFORM LIVES. 6345912 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 29 0 1 46 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MA PA CA OH NC MI MN IL X MARGARET HALL 6179128980 50 MILK STREET 16TH FLOOR BOSTON MA 02109 MARGARET HALL CLERK, CEO 40.00 X X 168962 0 14276 ELIZABETH DIGNAN SR. DIRECTOR, FINANCE & OPERATIONS 40.00 X 142003 0 28211 CASEY JOHNSON VICE PRESIDENT, NATIONAL PORTFOLIO & LEARNING 40.00 X 162688 0 6493 KATHERINE SCHWASS SENIOR EXECUTIVE DIRECTOR, BAY AREA 40.00 X 149088 0 6724 MELISSA LUNA SENIOR EXECUTIVE DIRECTOR, BOSTON 40.00 X 140642 0 13541 RISHI MOUDGIL EXECUTIVE DIRECTOR DETROIT 40.00 X 120921 0 12371 JOLI COOPER-NELSON EXECUTIVE DIRECTOR ATLANTA 40.00 X 125935 0 5004 JOHN SIMON CHAIRPERSON 5.00 X X 0 0 0 MICHELE JOLIN BOARD MEMBER 1.00 X 0 0 0 PAUL CARTTAR BOARD MEMBER 1.00 X 0 0 0 ANNE LOVETT BOARD MEMBER 1.00 X 0 0 0 KERRY SULLIVAN BOARD MEMBER 1.00 X 0 0 0 MARC KOZIN BOARD MEMBER 1.00 X 0 0 0 KAT ROSQUETA BOARD MEMBER 1.00 X 0 0 0 TIM PALMER BOARD MEMBER 1.00 X 0 0 0 CAROL GOSS BOARD MEMBER 1.00 X 0 0 0 TOM EBLING BOARD MEMBER 1.00 X 0 0 0 JUMA CRAWFORD BOARD MEMBER 1.00 X 0 0 0 IRFAN ALIBHAI BOARD MEMBER 1.00 X 0 0 0 JOHN CONNAUGHTON BOARD MEMBER 1.00 X 0 0 0 1010239 0 86620 13 0 1 0 0 160836 25697826 1461525 25858662 42869 42869 5999500 6029831 -30331 -30331 -30331 27443 160836 71997 -44554 -44554 25826646 0 0 -32016 2757374 2757374 358021 304317 35802 17902 2712725 2090146 411884 210695 90036 69253 13748 7035 273586 211272 41230 21084 241756 188301 35384 18071 200 200 30620 30620 530788 289989 240799 3315 1535 672 1108 134411 83008 51138 265 103651 46434 57073 144 7316 4089 597 2630 80306 52902 19247 8157 31760 31760 PROGRAM SUPPORT 148064 148064 COMMUNICATIONS 56745 42142 14205 398 INTERNS AND FELLOWS 43309 33733 6339 3237 MISCELLANEOUS 41251 11511 27211 2529 18442 11842 6360 240 7663676 6345912 1024269 293495 6168974 9599002 11290186 300000 6119789 6503553 236591 0 85323 54600 54600 0 0 25856022 65218 8602 23880758 42352502 141233 223182 383750 141233 606932 X 2812841 14775781 20926684 26969789 23739525 41745570 23880758 42352502 18162970 -156925 0 X X 0 1 X 1 0 X 5277744 12850789 10622263 9938874 15858662 54548332 5277744 12850789 10622263 9938874 15858662 54548332 3161996 51386336 442 4605 112186 31858 42869 191960 54740292 457264 0.93870 0.91890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 54600 54600 0 0 X 25726452 -156925 56731 -100194 25826646 0 25826646 7720407 56731 56731 7663676 0 7663676 PART X, LINE 2: THE GREENLIGHT FUND ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE GREENLIGHT FUND HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2021. THE FUND'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. BOS GOLF 188279 160836 27443 43200 8024 350 20423 188279 160836 27443 43200 8024 350 20423 71997 -44554 1 BAM - YOUTH GUIDANCE 1 NORTH LASALLE STREET SUITE 900 CHICAGO IL 60602 362167032 501 (C) 3 611204 0 GENERAL SUPPORT CENTER FOR EMPLOYMENT OPPORTUNITIES 50 BROADWAY SUITE 1604 NEW YORK NY 10004 133843322 501 (C) 3 502500 0 GENERAL SUPPORT CITY OF CHARLOTTE (CURE VIOLENCE GLOBAL) 227 W MONROE ST STE 1025 CURE VIOLENCE GLOBAL CHICAGO IL 60606 823471223 501 (C) 3 200000 0 GENERAL SUPPORT COMPASS WORKING CAPITAL 89 SOUTH STREET STE 804 BOSTON MA 02111 203975100 501 (C) 3 50000 0 GENERAL SUPPORT CONNECT TO COMPETE INC 413 K ST NE WASHINGTON DC 20002 454868462 501 (C) 3 75000 0 GENERAL SUPPORT FAMILY INDEPENDENCE INITIATIVE 663 13TH STREET SUITE 200 OAKLAND CA 94612 020784790 501 (C) 3 50000 0 GENERAL SUPPORT FIRST PLACE FOR YOUTH 426 17TH ST STE 100 OAKLAND CA 94612 943341034 501 (C) 3 178500 0 GENERAL SUPPORT FOOD CONNECT CO 2407 GRAYS FERRY AVE PHILADELPHIA PA 19146 813230981 501 (C) 3 140000 0 GENERAL SUPPORT FRIENDS OF THE CHILDREN-BOSTON 555 ARMORY STREET BOSTON MA 02130 201581289 501 (C) 3 50000 0 GENERAL SUPPORT NEW TEACHER CENTER 110 COOPER STREET SUITE 500 SANTA CRUZ CA 95060 262427526 501 (C) 3 175000 0 GENERAL SUPPORT PARENT-CHILD HOME PROGRAM INC 163B MINEOLA BLVD MINEOLA NY 11501 112495601 501 (C) 3 300000 0 GENERAL SUPPORT PER SCHOLAS 804 E 138TH STREET 2ND FLOOR BRONX NY 10454 043252955 501 (C) 3 150000 0 GENERAL SUPPORT SPRINGBOARD COLLABORATIVE 1500 JOHN F KENNEDY BLVD SUITE 1160 PHILADEPLPHIA PA 19102 453719806 501 (C) 3 200000 0 GENERAL SUPPORT THE LITERACY LAB 1400 16TH STREET NW SUITE 410 WASHINGTON DC 20036 271777117 501 (C) 3 75000 0 GENERAL SUPPORT 14 FORM 990, SCHEDULE I, PART II THE GREENLIGHT FUND MONITORS THE USE OF FUNDS GRANTED TO ORGANIZATIONS THROUGH AN ANNUAL REVIEW IT CONDUCTS WITH ITS GRANTEES AS WELL REGULAR MEETINGS WITH LOCAL LEADERSHIP. IN ADDITION, THE LOCAL GREENLIGHT FUND EXECUTIVE DIRECTORS SERVE ON THE LOCAL BOARDS OF DIRECTORS OR BOARDS OF ADVISORS OF ORGANIZATIONS THAT RECEIVE FUNDS IN THEIR LOCATIONS. AS BOARD MEMBERS OF NONPROFITS THAT RECEIVE FUNDS, THE EXECUTIVE DIRECTORS REVIEW QUARTERLY FINANCIAL INFORMATION, ANNUAL AUDITED FINANCIAL STATEMENTS AND ONGOING REPORTS ON PROGRAM RESULTS AND OUTCOMES. X X 0 0 0 0 0 0 0 0 0 MARGARET HALL CLERK, CEO 168962 0 0 0 0 0 6916 0 7360 0 183238 0 0 0 ELIZABETH DIGNAN SR. DIRECTOR, FINANCE & OPERATIONS 142003 0 0 0 0 0 5889 0 22322 0 170214 0 0 0 CASEY JOHNSON VICE PRESIDENT, NATIONAL PORTFOLIO & 162688 0 0 0 0 0 6493 0 0 0 169181 0 0 0 KATHERINE SCHWASS SENIOR EXECUTIVE DIRECTOR, BAY AREA 149088 0 0 0 0 0 6247 0 477 0 155812 0 0 0 MELISSA LUNA SENIOR EXECUTIVE DIRECTOR, BOSTON 140642 0 0 0 0 0 5761 0 7780 0 154183 0 0 0 X 9 1461525 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B GREENLIGHT FUND DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY WHEN THEY JOIN THE BOARD AND ANNUALLY ALL BOARD MEMBERS REVIEW AND SIGN THE POLICY AS PART OF THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE CHIEF EXECUTIVE OFFICER WAS BASED ON COMPARABILITY DATA AT THE DATE OF HIRE AND IS REVIEWED, BASED ON COMPARABILITY DATA, EVERY FIVE YEARS. IN 2020, GREENLIGHT FUND COMPLETED A SALARY BENCHMARKING STUDY. EACH YEAR THE BOARD CHAIRMAN REVIEWS THE CHIEF EXECUTIVE OFFICER SALARY AND APPROVES THE NEXT YEAR'S SALARY DURING THE ANNUAL PERFORMANCE REVIEW. THE CHIEF EXECUTIVE OFFICER REVIEWS THE COMPENSATION OF THE GREENLIGHT FUND'S OTHER OFFICERS AND KEY EMPLOYEES AND APPROVES THEIR SALARIES FOR THE NEXT YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL LEGALLY REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. OTHER DOCUMENTS INCLUDING GOVERNING POLICIES AND FINANCIAL STATEMENTS ARE CONSIDERED AND PROVIDED UPON REQUEST ON A CASE-BY-CASE BASIS. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.