2018-10-30T14:48:00-05:00 2017-12-31 010724563 ANTON COLLINS MITCHELL LLP 4999 Pearl East Circle Suite 300 Boulder CO 80301 990 2017-01-01 202863499 Greenhouse Scholars GREE 3034601754 1820 Folsom Street Boulder CO 80302 Peter M Burridge President and CEO 3034601754 2018-10-29 1 Christine Ludwig CPA P01230006 3034400399 38.140.185.74 2018-10-29 19:48:16 MD P AB939A97D3D6212B92FA123761BFB9FEB8ED72ED 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2017 2019-02-21 02:37:17Z Peter M Burridge 1820 Folsom Street Boulder CO 80302 2193022 0 X www.greenhousescholars.org X 2005 CO To create a community of leaders who will evolve the communities of the world 6 5 19 930 0 0 1015649 1383332 0 0 48692 70150 0 0 1064341 1453482 213064 457291 0 0 545719 488156 0 0 97570 261018 315393 1019801 1260840 44540 192642 631753 884669 3670 66417 628083 818252 X See Schedule OGreenhouse Scholars was incorporated in May 2005, as a Colorado not-for-profit corporation and expanded into Illinois in 2012 and Georgia in 2015. The Organization provides comprehensive personal and financial support to high-performing, under-resourced college students, who are referred to as Scholars. Using the Organization's unique Whole Person approach, which offers intellectual, academic, professional, and financial support, the Organization is cultivating the next generation of community leaders. In 2017 Greenhouse Scholars served 130 Scholars and 92 graduates. 0 0 477385 457291 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. 206398 The Summer Symposium is Greenhouse Scholars' most important annual program event. It 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. 71093 Mentorship This program provides Greenhouse Scholars one-on-one encouragement and guidance, inspiring them to achieve more than they could alone. Mentors share their own personal experiences from college, career, and life. They are a key source of knowledge and experience for the Scholars. 259999 Impact - 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) Presentations at low-income middle and high schools.Professional Networking - Scholars have access to successful role models and leaders within the Greenhouse Scholars community who volunteer to meet one-on-one, broadening Scholars' networks and connections. This diverse network motivates Scholars to think strategically about their direction and impact and provides essential insights and connections into the professional world.Peer Support - Scholars gather in small groups across the country on a specific day annually and also communicate year-round. As peers, Scholars discuss shared experiences and support one another during the emotionally and academically challenging transition to college and throughout their college experience. Scholars cite their Greenhouse Scholars peers as among their closest and most trusted relationships.Internship - Scholars are required to complete at least one internship of 200+ hours before the beginning of their senior year; often it is their first foray into the professional arena. The Organization collaborates with professional contacts and corporate partners to assist Scholars in finding, applying for, and making the most of their internship experiences.High School Outreach - Greenhouse Scholars builds partnerships and relationships with counselors, principals and administrators in low-income high schools and with nonprofit organizations serving under-resourced students. Through in-person visits, mailings, and postings on online databases, the Organization informs students about Greenhouse Scholars and about college and scholarships more broadly. Students submit applications, videos, financial information, and complete panel interviews as part of a new Scholar selection process that involves 350+ volunteers over 8 months. 259999 1014875 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 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 18 0 1 19 1 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X ALEXANDRA M POOL 3034601754 1820 Folsom Street Boulder CO 80302 PETE BURRIDGE PRESIDENT AND CEO 20.00 X X 50000 0 0 LANE HORNUNG DIRECTOR 1.00 X 0 0 0 TUCKER HUMPHREY DIRECTOR 1.00 X 0 0 0 ANDRE PETTIGREW 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 OPERATING OFFICER 60.00 X 98035 0 4749 148035 0 4749 0 0 0 0 0 469356 913976 143825 1383332 4506 4506 296151 230507 65644 65644 65644 509033 469356 509033 0 1453482 0 0 70150 457291 457291 152784 106949 7639 38196 272955 227172 22124 23659 16217 12727 1134 2356 46200 36258 3230 6712 12300 12300 2316 2316 15758 52 15706 10324 10324 22073 22073 9060 9060 53898 39733 6809 7356 73290 52184 16166 4940 2847 2847 6832 6832 SCHOLAR EXPENSES 27442 27442 FOOD & BEVERAGE 23763 10190 9546 4027 PROGRAM COMMUNICATIONS 17745 17745 37745 27132 10613 1260840 1014875 148395 97570 106933 83092 125149 242065 29918 8792 9790 10092 70690 18634 4437 52056 345434 333319 165345 631753 884669 3670 66417 3670 66417 X 282649 476141 156458 127904 188976 214207 628083 818252 631753 884669 192642 -2473 0 X X 0 1 X 1 0 X 1018664 1021953 1254225 1015649 1383332 5693823 1018664 1021953 1254225 1015649 1383332 5693823 449188 5244635 3376 9286 5810 5643 4506 28621 5722444 0.91650 0.93800 X 345434 25231 63654 101000 333319 261248 58495 25691 345434 253683 17142 -9577 261248 188925 10129 54629 253683 140780 10000 39699 1554 188925 0.00000 0.64260 0.35740 0 0 70690 18634 52056 52056 INVESTMENTS 165345 F 165345 X 1451693 -2473 3000 527 1451166 2316 2316 1453482 1261524 3000 3000 1258524 2316 2316 1260840 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, 2017. 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 2015. VENUS DE MILES 275560 275560 11271 20171 9404 234714 GLASS HALF FULL 245401 97621 147780 16886 19777 111117 3 457428 371735 85693 30689 55004 978389 469356 509033 28157 70637 9404 400835 509033 0 1 TUITION SCHOLARSHIPS 78 387680 FLEX FUNDING AWARDS 52 69611 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 11 90059 Market value X FOOD/BEVERAGE 27 28773 COMPARABLE VALUE X PRIZES, GIFTS, AUCTION ITEMS 69 24993 COMPARABLE VALUE 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, 2016. 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.