2020-11-16T10:04:28-06:00 2019-12-31 135381590 BDO USA LLP 4999 Pearl East Circle Suite 300 Boulder CO 80301 990 2019-01-01 202863499 Greenhouse Scholars GREE 3034601754 1820 Folsom Street Boulder CO 80302 Peter M Burridge President/CEO 3034601754 2020-11-13 1 Christine Ludwig CPA P01230006 3034400399 72.19.176.195 2020-11-13 16:54:30 MS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 8278F8A7C3D01CD9854D562CB816F5B91EEB4C9A 2019 2021-01-29 14:40:06Z Peter M Burridge 1820 Folsom Street Boulder CO 80302 2035853 0 X www.greenhousescholars.org X 2005 CO To create a community of leaders who will evolve the communities of the world 5 4 21 858 0 0 1957349 1766810 0 0 -40725 7348 0 0 1916624 1774158 329747 350497 0 0 803682 1015917 0 0 360848 514437 628995 1647866 1995409 268758 -221251 1154972 1061556 67962 90292 1087010 971264 X See Schedule OGreenhouse Scholars is a diverse community of leaders working together to create positive, generational change in low income communities by creating the ability for everyone to live the life of their choosing. Education unlocks the potential of young leaders, their families, and entire communities. We have a community of thousands of leaders who are taking action to create change around the world.Greenhouse Scholars works side by side with our Scholars to initiate change from within the community. We illuminate a self-empowering path forward by educating inspiring role models from resource-starved communities. We leverage the collective power, capabilities, and ideas of leaders from all walks of life to create critical solutions.We are creating and executing solutions that will literally change generations. We are uniting people from all walks of life. We are taking action. We are fueling the power of opportunity, choice, and belief. 0 0 350497 350497 SEE SCHEDULE OFinancial Support ProgramThere are two avenues for Scholars to receive financial Support: 1) Flex Funding: Scholars submit proposals to pursue study abroad, thesis research, living costs during summer internships, volunteer service programs, supplemental coursework, graduate school test preparation, and more. These opportunities are fundamental to the full college experience, but they are additional to the cost of tuition and often not feasible for low-income students. This highly customized resource encourages Scholars' leadership potential, community involvement, professional development, and relentless spirit. Grants are made in amounts up to $2,000 per project and are reviewed on a competitive basis throughout the year. 2) Tuition Scholarship: Each Greenhouse Scholar receives up to $5,000 per academic year, based on their Federal Application For Student Aid (FAFSA), financial aid award package, outside scholarships, and university cost of attendance. Scholars must meet program accountability requirements to qualify, and payment is made directly to the university. 221252 The Summer Symposium brings all the Scholars together for workshops, speakers, panel discussions, and group projects. This annual, four day conference allows Scholars to interact with one another and with renowned professional and academic leaders from all over the world. The highly participatory event focuses on values-based leadership training. 220328 Impact is a strategic framework to enable each Scholar to elevate their impact and take action, both individually and as a group, to positively change and inspire younger generations of students from low-income communities. Impact consists of 3 different approaches: 1) Individual Impact Plans, 2) Community Impact Initiative, and 3) Presentation at low-income middle and high schools. 704746 704746 1496823 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 30 0 1 21 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X Saul Huerta 3034601740 1820 Folsom Street Boulder CO 80302 PETE BURRIDGE PRESIDENT AND CEO 16.00 X X 50000 0 0 LANE HORNUNG DIRECTOR 1.00 X 0 0 0 TUCKER HUMPHREY DIRECTOR 1.00 X 0 0 0 FRED PAULMAN DIRECTOR 1.00 X 0 0 0 RICHARD THARP DIRECTOR 1.00 X 0 0 0 ALEXANDRA POOL CHIEF RELATIONSHIP OFFICER 60.00 X 125000 0 4272 JESSICA HOGAN CHIEF OPERATING OFFICER 60.00 X 102250 0 0 277250 0 4272 2 0 0 0 0 402463 1364347 152420 1766810 7348 7348 261695 402463 261695 0 1774158 0 0 7348 350497 350497 281523 197065 14077 70381 625150 463650 21032 140468 2500 1920 399 181 37711 28749 5680 3282 69033 50316 2669 16048 12807 4228 7718 861 3327 3327 4201 1387 2532 282 19186 19186 15776 11799 1575 2402 28065 19062 8100 903 180342 109238 56401 14703 2394 265 2129 11819 8840 1180 1799 3978 2975 397 606 Program Expense 188717 188717 Communication/Outreach 134742 53763 1527 79452 Meals and Entertainment 17470 10244 7226 6171 4617 615 939 1995409 1496823 137738 360848 36605 21666 328360 327158 28989 90709 18605 0 106076 41708 75484 64368 410454 537474 236269 20206 20181 1154972 1061556 20944 43274 47018 47018 67962 90292 X 747567 443081 339443 528183 1087010 971264 1154972 1061556 -221251 105505 0 X X 1 X 0 0 0 X 1254225 1015649 1383332 1957349 1766810 7377365 1254225 1015649 1383332 1957349 1766810 7377365 594617 6782748 5810 5643 4506 9105 7348 32412 7409777 0.91540 0.90010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 410454 24985 102035 537474 333319 125408 -48273 410454 345434 25231 63654 101000 333319 261248 58495 25691 345434 253683 17142 -9577 261248 0.18610 0.49230 0.32160 0 0 20500 20500 85576 41708 43868 64368 Deferred Rent 47018 47018 X Part X, Line 2: The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Organization qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and has been classified as an organization other than a private foundation under Section 509(a)(1). However, income from activities not directly related to the Organization's tax-exempt purpose is subject to taxation as unrelated business income. The Organization had no unrelated business income during the year ended December 31, 2019. The Organization believes that it has conducted its operations in accordance with, and has properly maintained, its tax-exempt status, and that it has taken no material uncertain tax positions that qualify for recognition or disclosure in the financial statements. The Organization is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2016. GLASS HALF FULL 344372 261324 83048 22665 7250 30417 22716 VENUS DE MILES 195774 52667 143107 350 7318 23229 23352 88858 2 124012 88472 35540 1050 6445 28045 664158 402463 261695 23015 15618 60091 23352 139619 261695 0 1 TUITION SCHOLARSHIPS 74 263068 FLEX FUNDING AWARDS 68 87429 Part I, Line 2: Greenhouse Scholars confirms enrollment, cost of attendance, financial aid awards and academic performance of students receiving grant funds. The checks for tuition scholarship awards are sent directly to the universities, not to the individual students. Payment of academic costs and expenses that are not paid directly to the universities require receipts and reports to be submitted to Greenhouse Scholars. X 14 110083 Market value X FOOD/BEVERAGE 43 26475 COMPARABLE VALUE X PRIZES, GIFTS, AUCTION ITEMS 31 15862 COMPARABLE VALUE 0 0 0 0 Form 990, Part VI, Section B, line 11b The Chief Operating Officer reviews form 990 before it is filed with the IRS. Form 990, Part VI, Section B, line 12c In connection with any actual or possible conflict of interest, any director, principal officer or member of a committee with board delegated powers is required to disclose the existence of his/her financial interest and all material facts to the board of directors. The board members decide whether a conflict exists. If it is determined that a director or principal officer has failed to disclose actual or possible conflicts of interest, the board will take appropriate disciplinary and corrective action. Form 990, Part VI, Section B, line 15 The Chief Operating Officer regularly pulls comparative salary data from sources including 990s of similar organizations, idealist.org, salary.org, indeed.com and Chronicle of Philanthropy. The Chief Operating Officer and president discuss this data alongside performance reviews for each individual in the organization to determine compensation. Reports are provided to the board on request and staffing is discussed at every board meeting. The last review of employee compensation occurred in November, 2019. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy and financial statements available to members of the general public upon request. Form 990 Part XII Line 2c The organization did not change its oversight process or selection process during the year.