GREENLIGHT FUND INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
GREENLIGHT FUND INC (EIN 20-0407083)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-06-25
IRS object ID
201801769349300220
Schema version
2017v2.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-06-25T10:10:50-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042571780PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ALEXANDER ARONSON FINNING & CO PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line121 EAST MAIN STREETAddressLine1Txt
CityWESTBOROUGHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01581ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN200407083EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GREENLIGHT FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGREEBusinessNameControlTxt
Phone6179128980PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 CLARENDON STREET 44TH FLOORAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARGARET HALLPersonNm
Person TitleNATIONAL EXECUTIVE DIRECTORPersonTitleTxt
Phone6179128981PhoneNum
Signature2018-06-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATTHEW HUTT CPAPreparerPersonNm
PTINP01070603PTIN
Phone5083669100PhoneNum
Preparation2018-06-11PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARGARET HALLPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 CLARENDON STREET 44TH FLOORAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,387,001GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GREENLIGHTFUND.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2003FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTHE 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.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee18TotalEmployeeCnt
Total Volunteers193TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,039,367PYContributionsGrantsAmt
CY Contributions Grants$5,277,744CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$329PYInvestmentIncomeAmt
CY Investment Income$442CYInvestmentIncomeAmt
PY Other Revenue-$240,903PYOtherRevenueAmt
CY Other Revenue-$417,182CYOtherRevenueAmt
PY Total Revenue$6,798,793PYTotalRevenueAmt
CY Total Revenue$4,861,004CYTotalRevenueAmt
PY Grants And Similar Paid$2,186,175PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,365,586CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,077,319PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,267,853CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$102,050CYTotalFundraisingExpenseAmt
PY Other Expenses$611,975PYOtherExpensesAmt
CY Other Expenses$737,215CYOtherExpensesAmt
PY Total Expenses$3,875,469PYTotalExpensesAmt
CY Total Expenses$4,370,654CYTotalExpensesAmt
PY Revenues Less Expenses$2,923,324PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$490,350CYRevenuesLessExpensesAmt
Total Assets BOY$7,805,907TotalAssetsBOYAmt
Total Assets EOY$7,934,286TotalAssetsEOYAmt
Total Liabilities BOY$728,226TotalLiabilitiesBOYAmt
Total Liabilities EOY$366,255TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,077,681NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,568,031NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,364,086ExpenseAmt
Grant$1,332,500GrantAmt
DescTO MEET ITS MISSION IN THE SIX 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 ELEVEN 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 AND BECOMING A MAN.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 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, AND BLUEPRINT MATH FELLOWS INTO THE BAY AREA, SINCE 2015 WHEN IT WAS FOUNDED IN CINCINNATI, GREENLIGHT CINCINNATI HAS IMPORTED CENTER FOR EMPLOYMENT OPPORTUNITIES AND FAMILY INDEPENDENCE INITIATIVE INTO THE CITY. IN 2016 GREENLIGHT FUND LAUNCHED ITS 5TH SITE, DETROIT. IN 2017 GREENLIGHT DETROIT BEGAN MAKING ITS FIRST SELECTION PROCESS IN JUNE 2017 AND WILL MAKE ITS FIRST INVESTMENT DECISION TO IMPORT TO DETRIOT IN FEBRUARY 2018.IN 2017, GREENLIGHT FUND LAUNCHED ITS SIXTH SITE, CHARLOTTE, AND WILL BEGIN ITS FIRST SELECTION PROCESS IN APRIL 2018. ACROSS THE GREENLIGHT FUND'S SIX LOCATIONS, IN 2017 GREENLIGHT-SUPPORTED ORGANIZATIONS REACHED 56,250 CHILDREN, YOUTH AND FAMILIES WITH THEIR INNOVATIVE PROGRAMS THAT ARE ACHIEVING MEASURABLE RESULTS IN THEIR EFFORTS TO TRANSFORM LIVES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,354,504ExpenseAmt
Grant$1,033,086GrantAmt
DescTHE GREENLIGHT FUND'S SOCIAL INNOVATION FUND (SIF) INITIATIVE AIMS TO ADDRESS THE ACHIEVEMENT AND OPPORTUNITY GAP FOR LOW-INCOME CHILDREN AND YOUTH IN THREE OF GREENLIGHT'S SITES: BOSTON, PHILADELPHIA, AND THE SAN FRANCISCO BAY AREA. BY PARTNERING WITH SIX EXCEPTIONAL NONPROFIT ORGANIZATIONS, OUR GOAL IS TO CHANGE THE LIFE TRAJECTORIES OF CHILDREN AND YOUTH WHO ARE TOO OFTEN OVERLOOKED AND LEFT BEHIND BY OUR EDUCATION SYSTEM AND ECONOMY.SELECTED THROUGH A COMPETITIVE PROCESS, GREENLIGHT'S SIF INITIATIVE PORTFOLIO ORGANIZATIONS DEMONSTRATE EVIDENCE OF IMPACT ON THE FOLLOWING OUTCOMES FOR LOW-INCOME CHILDREN AND YOUTH:1. IMPROVED SCHOOL PERSISTENCE AND ACADEMIC ACHIEVEMENT2. INCREASED HIGH SCHOOL GRADUATION AND GED ATTAINMENT3. INCREASED COLLEGE ACCESS AND PERSISTENCEGREENLIGHT'S SIF PORTFOLIO ORGANIZATIONS, OR SUBGRANTEES ARE:SAN FRANCISCO BAY AREA:- GENESYS WORKS- UASPIREBOSTON:- BLUEPRINT SCHOOLS NETWORK- COLLEGE ADVISING CORPSPHILADELPHIA:- SINGLE STOP- YEAR UPGREENLIGHT'S SIF INITIATIVE HAS AWARDED EACH PORTFOLIO ORGANIZATION BETWEEN $1 AND $1.3 MILLION OVER FIVE YEARS TO SUPPORT THEIR EXPANSION INTO BOSTON, PHILADELPHIA, OR THE SAN FRANCISCO BAY AREA AND UNDERTAKE A RIGOROUS EVALUATION TO ADVANCE THEIR LEVEL OF EVIDENCE AND GROW THEIR IMPACT.GREENLIGHT'S SIF INITIATIVE HAS BEEN MADE POSSIBLE THROUGH A 2012 GRANT FROM THE FEDERAL SOCIAL INNOVATION FUND. ESTABLISHED IN APRIL 2009 BY THE EDWARD M. KENNEDY SERVE AMERICA ACT, THE SOCIAL INNOVATION FUND WAS A COMPETITIVE GRANT PROGRAM HOUSED AT THE CORPORATION FOR NATIONAL AND COMMUNITY SERVICE.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,718,590TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document20IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee18EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARGARET HALLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6179128980PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 CLARENDON STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
MARGARET HALL
NATIONAL EXECUTIVE DIRECTO40.00Yes (X)Yes (X)$134,844$0$12,018
JOHN SIMON
CHAIRPERSON5.00Yes (X)Yes (X)$0$0$0
ANDREW B HAHN
BOARD MEMBER1.00Yes (X)$0$0$0
MICHELE JOLIN
BOARD MEMBER1.00Yes (X)$0$0$0
PAUL CARTTAR
BOARD MEMBER1.00Yes (X)$0$0$0
ANNE LOVETT
BOARD MEMBER1.00Yes (X)$0$0$0
KERRY SULLIVAN
BOARD MEMBER1.00Yes (X)$0$0$0
MARC KOZIN
BOARD MEMBER1.00Yes (X)$0$0$0
MICHAEL DANZINGER
TREASURER1.00Yes (X)Yes (X)$0$0$0
CASEY JOHNSON
EXECUTIVE DIRECTOR BAY AREA40.00$115,208$0$4,608Yes (X)
IRFAN ALIBHAI
DIRECTOR OF FINANCE AND OPERATIONS40.00$102,203$0$4,088Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$352,255TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$20,714TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$654,679FundraisingAmt
Government Grants$721,060GovernmentGrantsAmt
All Other Contributions$3,902,005AllOtherContributionsAmt
Total Contributions$5,277,744TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$442TotalRevenueColumnAmt
Exclusion$442ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$108,815FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$654,679ContriRptFundraisingEventAmt
Fundraising Direct Expenses$525,997FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$417,182TotalRevenueColumnAmt
Exclusion-$417,182ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,861,004TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$416,740ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,365,586TotalAmt
Program Services$2,365,586ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$147,277TotalAmt
Program Services$125,185ProgramServicesAmt
Management And General$14,728ManagementAndGeneralAmt
Fundraising$7,364FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$997,295TotalAmt
Program Services$597,874ProgramServicesAmt
Management And General$349,368ManagementAndGeneralAmt
Fundraising$50,053FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$36,602TotalAmt
Program Services$25,012ProgramServicesAmt
Management And General$7,627ManagementAndGeneralAmt
Fundraising$3,963FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$86,679TotalAmt
Program Services$54,909ProgramServicesAmt
Management And General$27,212ManagementAndGeneralAmt
Fundraising$4,558FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$309TotalAmt
Management And General$309ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$25,135TotalAmt
Program Services$9,310ProgramServicesAmt
Management And General$15,825ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$363,975TotalAmt
Program Services$331,823ProgramServicesAmt
Management And General$31,749ManagementAndGeneralAmt
Fundraising$403FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,140TotalAmt
Program Services$2,469ProgramServicesAmt
Management And General$3,671ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$9,608TotalAmt
Program Services$1,305ProgramServicesAmt
Management And General$8,268ManagementAndGeneralAmt
Fundraising$35FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$82,906TotalAmt
Program Services$53,737ProgramServicesAmt
Management And General$22,099ManagementAndGeneralAmt
Fundraising$7,070FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$98,129TotalAmt
Program Services$96,347ProgramServicesAmt
Management And General$658ManagementAndGeneralAmt
Fundraising$1,124FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$73,730TotalAmt
Program Services$42,963ProgramServicesAmt
Management And General$3,430ManagementAndGeneralAmt
Fundraising$27,337FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$18,200TotalAmt
Management And General$18,200ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$31,133TotalAmt
Management And General$31,133ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
COMMUNICATIONS$11,237$6,942$4,284$11
MINOR EQUIPMENT$7,222$3,519$3,703
DUES AND SUBSCRIPTIONS$7,155$778$6,377
MISCELLANEOUS$2,336$831$1,373$132

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,370,654TotalAmt
Program Services$3,718,590ProgramServicesAmt
Management And General$550,014ManagementAndGeneralAmt
Fundraising$102,050FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,851,679BOYAmt
EOY$3,648,121EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,118,568BOYAmt
EOY$1,129,023EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,349,823BOYAmt
EOY$2,781,228EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$436,673BOYAmt
EOY$338,535EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$54,600LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$31,850LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$40,950BOYAmt
EOY$22,750EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$8,214BOYAmt
EOY$14,629EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,805,907BOYAmt
EOY$7,934,286EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$245,831BOYAmt
EOY$222,529EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$482,395BOYAmt
EOY$143,726EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$728,226BOYAmt
EOY$366,255EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,406,517BOYAmt
EOY$1,981,950EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,671,164BOYAmt
EOY$5,586,081EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,077,681BOYAmt
EOY$7,568,031EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,805,907BOYAmt
EOY$7,934,286EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$490,350ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,367,062CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,027,881CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,267,995CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,039,367CurrentTaxYearMinus1YearAmt
Current Tax Year$5,277,744CurrentTaxYearAmt
Total$21,980,049TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,367,062CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,027,881CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,267,995CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,039,367CurrentTaxYearMinus1YearAmt
Current Tax Year$5,277,744CurrentTaxYearAmt
Total$21,980,049TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,348,163SubstantialContributorsTotAmt
Public Support Total170$18,631,886PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,102CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,528CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$550CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$329CurrentTaxYearMinus1YearAmt
Current Tax Year$442CurrentTaxYearAmt
Total$11,951TotalAmt
FieldValueIRS element (for citing)
Total Support$21,992,000TotalSupportAmt
Gross Receipts Rltd Activities-$1,042,012GrossReceiptsRltdActivitiesAmt
Public Support CY1700.84720PublicSupportCY170Pct
Public Support PY1700.78030PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$54,600OtherCostOrOtherBasisAmt
Depreciation$31,850DepreciationAmt
Book Value$22,750BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$22,750TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,912,685TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$51,681DonatedServicesAndUseFcltsAmt
Revenue Not Reported$51,681RevenueNotReportedAmt
Revenue Subtotal$4,861,004RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,861,004TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,422,335TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$51,681DonatedServicesUseFcltsAmt
Expenses Not Reported$51,681ExpensesNotReportedAmt
Expenses Subtotal$4,370,654ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,370,654TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE 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, 2017. THE FUND'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1EMERALD EVEEvent1Nm
Gross Receipts Event1$361,872GrossReceiptsEvent1Amt
Charitable Contri Event1$326,847CharitableContriEvent1Amt
Gross Revenue Event1$35,025GrossRevenueEvent1Amt
Rent Facility Costs Event1$24,494RentFacilityCostsEvent1Amt
Food And Beverage Event1$97,660FoodAndBeverageEvent1Amt
Entertainment Event1$26,525EntertainmentEvent1Amt
Other Direct Expenses Event1$67,843OtherDirectExpensesEvent1Amt
Event2GOLF EVENTEvent2Nm
Gross Receipts Event2$115,232GrossReceiptsEvent2Amt
Charitable Contri Event2$86,792CharitableContriEvent2Amt
Gross Revenue Event2$28,440GrossRevenueEvent2Amt
Rent Facility Costs Event2$37,390RentFacilityCostsEvent2Amt
Food And Beverage Event2$1,366FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$18,633OtherDirectExpensesEvent2Amt
Other Events Total4OtherEventsTotalCnt
Gross Receipts Other Events$286,390GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$241,040CharitableContriOtherEventsAmt
Gross Revenue Other Events$45,350GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$47,994RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$68,673FoodAndBeverageOtherEventsAmt
Entertainment Other Events$14,450EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$120,969OthDirectExpnssOtherEventsAmt
Gross Receipts Total$763,494GrossReceiptsTotalAmt
Charitable Contributions Tot$654,679CharitableContributionsTotAmt
Gross Revenue Total Events$108,815GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$109,878RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$167,699FoodAndBeverageTotalEventsAmt
Entertainment Total Events$40,975EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$207,445OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$525,997DirectExpenseSummaryEventsAmt
Net Income Summary-$417,182NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (14 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
BOSTON UNIVERSITY PAFO
25 BUICK STREETBOSTONMA02115042103547501 (C)(3)$100,025GENERAL SUPPORT
NATIONAL COLLEGE ADVISING CORPS
301 W BARBEE CHAPEL ROAD STE 210CHAPEL HILLNC27517088862905501 (C)(3)$12,500GENERAL SUPPORT
SINGLE STOP USA
1825 PARK AVENUE SUITE 503NEW YORKNY10035208337690501 (C)(3)$225,733GENERAL SUPPORT
THE CENTER FOR EMPLOYMENT OPPORTUNITIES
50 BROADWAY SUITE 1604NEW YORKNY10004133843322501 (C)(3)$360,000GENERAL SUPPORT
SPRINGBOARD COLLABORATIVE
1701 WALNUT ST 7TH FLPHILADEPLPHIAPA19103453719806501 (C)(3)$170,000GENERAL SUPPORT
BLUEPRINT SCHOOLS
61 CHAPEL STREETNEWTONMA02458274199289501 (C)(3)$305,740GENERAL SUPPORT
GENESYS WORKS
601 JEFFERSON STREETHOUSTONTX77002030440761501 (C)(3)$127,126GENERAL SUPPORT
UASPIRE
31 ST JAMES AVENUE SUITE 520BOSTONMA02116043564307501 (C)(3)$244,868GENERAL SUPPORT
YEAR UP
93 SUMMER STREETBOSTONMA02110043534407501 (C)(3)$217,094GENERAL SUPPORT
CAREMESSAGE
360 PINE STREET 6TH FLOORSAN FRANCISCOCA94104273252911501 (C)(3)$162,500GENERAL SUPPORT
PARENT-CHILD HOME PROGRAM INC
163B MINEOLA BLVDMINEOLANY11501112495601501 (C)(3)$200,000GENERAL SUPPORT
FAMILY INDEPENDENCE INITIATIVE
1203 PRESERVATION PARKWAY SUITE 100OAKLANDCA94612020784790501 (C)(3)$105,000GENERAL SUPPORT100
SOCIAL FINANCE INC
10 MILK STREET SUITE 100BOSTONMA02110274620963501 (C)(3)$35,000GENERAL SUPPORT
YOUTH GUIDANCE
1 NORTH LASALLE STREET SUITE 900CHICAGOIL60602362167032501 (C)(3)$100,000GENERAL SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org14Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, SCHEDULE I, PART IIFormAndLineReferenceDesc
ExplanationTHE 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. FOR ITS SOCIAL INNOVATION FUND-FUNDED GRANTEES, THE GREENLIGHT FUND FOLLOWS FEDERAL AND CORPORATION FOR NATIONAL AND COMMUNITY SERVICE REQUIREMENTS FOR MONITORING AND REPORTING FINANCIAL AND PROGRAMMATIC INFORMATION. FOR THESE GRANTEES, GREENLIGHT COLLECTS DATA ON FINANCES, PROGRAM RESULTS AND FEDERAL GRANT COMPLIANCE REQUIREMENTS EVERY QUARTER AND CONDUCTS SITE VISITS AT LEAST ONCE A YEAR.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BGREENLIGHT FUND DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE 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 12CBOARD 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 15ACOMPENSATION OF THE NATIONAL EXECUTIVE DIRECTOR 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 NATIONAL EXECUTIVE DIRECTOR SALARY AND APPROVES THE NEXT YEAR'S SALARY DURING THE ANNUAL PERFORMANCE REVIEW. THE NATIONAL EXECUTIVE DIRECTOR 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 19THE 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:THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

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