2020-11-11T15:27:13-06:00 2019-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2019-01-01 200407083 GREENLIGHT FUND INC GREE 6179128980 120 ST JAMES AVENUE 6TH FLOOR BOSTON MA 02116 MARGARET HALL CEO 6179128981 2020-11-06 1 KATIE BELANGER CPA P01585213 5083669100 2020-11-06 40.70.31.102 2020-11-06 11:33:39 ES P E5E10DB362A14A01DB0DA430DA7AA5B243C0C50A 87AE54C884FF003181B05E7BF84F4C93A3EEF9A3 2019 2021-01-29 14:40:06Z MARGARET HALL 120 ST JAMES AVENUE 6TH FLOOR BOSTON MA 02116 10847126 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. 12 11 36 299 0 0 12850789 10622263 0 0 4605 112186 -386649 -257843 12468745 10476606 2093966 1782500 0 0 1725180 2579101 0 0 259689 920956 1050182 4740102 5411783 7728643 5064823 15546679 20753417 250005 391920 15296674 20361497 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 4414084 1782500 TO MEET ITS MISSION IN THE EIGHT 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 PROVIDES AROUND $600,000 OVER ORGANIZATIONS' 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 TWELVE ORGANIZATIONS INTO BOSTON: FRIENDS OF THE CHILDREN-BOSTON, RAISING A READER-MASSACHUSETTS, PEER HEALTH EXCHANGE, YOUTH VILLAGES' LIFESET PROGRAM, THE FAMILY INDEPENDENCE INITIATIVE, SINGLE STOP USA, THE NEW TEACHER CENTER, COLLEGE ADVISING CORPS, BLUEPRINT SCHOOLS NETWORK, CAREMESSAGE, BECOMING A MAN AND PER SCHOLAS.SINCE 2012 WHEN IT WAS ESTABLISHED IN PHILADELPHIA, GREENLIGHT PHILADELPHIA HAS IMPORTED SINGLE STOP USA, YEAR UP, CENTER FOR EMPLOYMENT OPPORTUNITIES, PARENT-CHILD HOME PROGRAM, 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 AND PARENT-CHILD HOME PROGRAM INTO THE BAY AREA. SINCE 2015 WHEN IT WAS FOUNDED IN CINCINNATI, GREENLIGHT CINCINNATI HAS IMPORTED CENTER FOR EMPLOYMENT OPPORTUNITIES. FAMILY INDEPENDENCE INITIATIVE AND FIRST PLACE FOR YOUTH INTO THE CITY. SINCE 2016 WHEN IT WAS FOUNDED IN DETROIT, GREENLIGHT DETROIT HAS IMPORTED CENTER FOR EMPLOYMENT OPPORTUNITIES AND NEW TEACHER CENTER INTO THE CITY.SINCE 2017 WHEN IT WAS FOUNDED IN CHARLOTTE, GREENLIGHT CHARLOTTE HAS IMPORTED PARENTCHILD+ INTO THE CITY. IN 2018, GREENLIGHT FUND LAUNCHED ITS SEVENTH SITE, KANSAS CITY, AND BEGAN ITS FIRST SELECTION PROCESS IN EARLY 2019. IN 2019, GREENLIGHT FUND LAUNCHED ITS EIGHTH SITE, ATLANTA, AND BEGAN ITS FIRST SELECTION PROCESS IN 2019. ACROSS THE GREENLIGHT FUND'S EIGHT LOCATIONS, IN 2019 GREENLIGHT-SUPPORTED ORGANIZATIONS REACHED 110,352 CHILDREN, YOUTH AND FAMILIES WITH THEIR INNOVATIVE PROGRAMS THAT ARE ACHIEVING MEASURABLE RESULTS IN THEIR EFFORTS TO TRANSFORM LIVES. 4414084 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 0 0 0 0 0 0 0 0 0 1 33 0 1 36 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MA PA CA OH NC MI MN X MARGARET HALL 6179128980 120 ST JAMES AVENUE 6TH FLOOR BOSTON MA 02116 MARGARET HALL CLERK, CEO 40.00 X X 155233 0 13435 DONALD GER MANAGING DIRECTOR, STRATEGY AND ADMINSTRATION 40.00 X 143115 0 8254 KATHERINE SCHWASS EXECUTIVE DIRECTOR BAY AREA 40.00 X 129389 0 13814 CASEY JOHNSON NATIONAL PORTFOLIO DIRECTOR 40.00 X 122575 0 5660 IRFAN ALIBHAI DIRECTOR OF FINANCE AND OP 40.00 X 113696 0 5098 TARA NOLAND CINCINNATI EXECUTIVE DIRECTOR 40.00 X 113444 0 5207 JOHN SIMON CHAIRPERSON 5.00 X X 0 0 0 ANDREW B HAHN BOARD MEMBER 1.00 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 777452 0 51468 11 0 1 0 0 250000 617023 9755240 10622263 112186 112186 112677 617023 370520 -257843 -257843 10476606 0 0 -145657 1782500 1782500 173576 147540 17357 8679 2011559 1542707 302676 166176 61166 46838 9247 5081 140052 107667 20917 11468 192748 149002 28286 15460 28005 28005 288974 152073 136201 700 14743 4496 9186 1061 43419 17637 24022 1760 159002 77889 80740 373 315188 300411 6473 8304 61675 21795 3300 36580 4550 4550 33494 33494 INTERNS AND FELLOWS 27590 21328 4048 2214 COMMUNICATIONS 25867 20307 5050 510 MINOR EQUIPMENT 21431 7444 13987 DUES AND SUBSCRIPTIONS 13989 13423 517 49 12255 1027 9954 1274 5411783 4414084 738010 259689 2344342 3707664 6123640 9235829 6995621 7443876 38849 271813 54600 54600 4550 0 39677 94235 15546679 20753417 250005 391920 250005 391920 X 2953025 2915980 12343649 17445517 15296674 20361497 15546679 20753417 5064823 0 X X 0 1 X 1 0 X 4267995 7039367 5277744 12850789 10643113 40079008 4267995 7039367 5277744 12850789 10643113 40079008 3530318 36548690 550 329 442 4605 112186 118112 40197120 52127 0.90920 0.89350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 54600 54600 0 0 X 10536175 59569 59569 10476606 0 10476606 5471352 59569 59569 5411783 0 5411783 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, 2019. THE FUND'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. EMERALD EVE 493495 439870 53625 27681 112411 71795 65966 GOLF EVENT 138140 107330 30810 25221 13670 30339 2 98065 69823 28242 12449 400 10588 729700 617023 112677 52902 138530 72195 106893 370520 -257843 1 SPRINGBOARD COLLABORATIVE 1500 JOHN F KENNEDY BLVD SUITE 1160 PHILADEPLPHIA PA 19102 453719806 501 (C)(3) 30000 GENERAL SUPPORT BLUEPRINT SCHOOLS 61 CHAPEL STREET NEWTON MA 02458 274199289 501 (C)(3) 100000 GENERAL SUPPORT CAREMESSAGE 2443 FILLMORE ST 380-4139 SAN FRANCISCO CA 94115 273252911 501 (C)(3) 187500 GENERAL SUPPORT PARENT-CHILD HOME PROGRAM INC 163B MINEOLA BLVD MINEOLA NY 11501 112495601 501 (C)(3) 375000 GENERAL SUPPORT FAMILY INDEPENDENCE INITIATIVE 663 13TH STREET SUITE 200 OAKLAND CA 94612 020784790 501 (C)(3) 155000 GENERAL SUPPORT COMPASS WORKING CAPITAL 89 SOUTH STREET STE 804 BOSTON MA 02111 203975100 501 (C)(3) 200000 GENERAL SUPPORT BAM YOUTH GUIDANCE 1 NORTH LASALLE STREET SUITE 900 CHICAGO IL 60602 362167032 501 (C)(3) 175000 GENERAL SUPPORT CENTER FOR EMPLOYMENT OPPORTUNITIES 50 BROADWAY SUITE 1604 NEW YORK NY 10004 133843322 501 (C)(3) 300000 GENERAL SUPPORT FIRST PLACE FOR YOUTH 426 17TH ST STE 100 OAKLAND CA 94612 943341034 501 (C)(3) 100000 GENERAL SUPPORT NEW TEACHER CENTER 110 COOPER STREET SUITE 500 SANTA CRUZ CA 95060 262427526 501 (C)(3) 110000 GENERAL SUPPORT PER SCHOLAS 804 E 138TH STREET 2ND FLOOR BRONX NY 10458 043252955 501 (C)(3) 50000 GENERAL SUPPORT GENERAL SUPPORT 11 0 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 142629 0 12604 0 0 0 5155 0 8280 0 168668 0 0 0 DONALD GER MANAGING DIRECTOR, STRATEGY AND ADMI 143115 0 0 0 0 0 0 0 8254 0 151369 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 AND THE BOARD CHAIRMAN REVIEWS A COPY OF THE 990 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 15A 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. 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.