GREENLIGHT FUND INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
GREENLIGHT FUND INC (EIN 20-0407083)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-07-10
IRS object ID
201701919349300600
Schema version
2016v3.0
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)
Return2017-07-10T07:18:44-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

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 Begin2016-01-01TaxPeriodBeginDt

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
Signature2017-06-30SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATTHEW HUTT CPAPreparerPersonNm
PTINP01070603PTIN
Phone5083669100PhoneNum
Preparation2017-06-19PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.197.103.66IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-06-30IPDt
IP Tm10:33:25IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdC3B1CA5E9EDD1B55B0F6E2DA0EC022650C85F82CAtSubmissionCreationDeviceId
At Submission Filing Device IdE389E89C54D8B2D0E67DFD5473BAB8CDEAF766EEAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

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$7,168,881GrossReceiptsAmt
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 Body9VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee16TotalEmployeeCnt
Total Volunteers185TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,267,995PYContributionsGrantsAmt
CY Contributions Grants$7,039,367CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$550PYInvestmentIncomeAmt
CY Investment Income$329CYInvestmentIncomeAmt
PY Other Revenue$52,127PYOtherRevenueAmt
CY Other Revenue-$240,903CYOtherRevenueAmt
PY Total Revenue$4,320,672PYTotalRevenueAmt
CY Total Revenue$6,798,793CYTotalRevenueAmt
PY Grants And Similar Paid$2,071,150PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,186,175CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$825,869PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,077,319CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$141,009CYTotalFundraisingExpenseAmt
PY Other Expenses$521,223PYOtherExpensesAmt
CY Other Expenses$611,975CYOtherExpensesAmt
PY Total Expenses$3,418,242PYTotalExpensesAmt
CY Total Expenses$3,875,469CYTotalExpensesAmt
PY Revenues Less Expenses$902,430PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,923,324CYRevenuesLessExpensesAmt
Total Assets BOY$4,505,990TotalAssetsBOYAmt
Total Assets EOY$7,805,907TotalAssetsEOYAmt
Total Liabilities BOY$351,633TotalLiabilitiesBOYAmt
Total Liabilities EOY$728,226TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,154,357NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,077,681NetAssetsOrFundBalancesEOYAmt
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$1,144,492ExpenseAmt
Grant$532,500GrantAmt
DescTO MEET ITS MISSION IN THE FOUR 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 TEN 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 AND CAREMESSAGE.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. IN 2015 THE GREENLIGHT FUND LAUNCHED ITS 4TH SITE; CINCINNATI. IN 2016 GREENLIGHT CINCINNATI RAN ITS FIRST SELECTION PROCESS AND SELECTED CENTER FOR EMPLOYMENT OPPORTUNITIES AS THE FIRST ORGANIZATION TO IMPORT.IN 2016 GREENLIGHT FUND LAUNCHED ITS 5TH SITE; DETROIT. GREENLIGHT DETROIT WILL RUN ITS FIRST SELECTION PROCESS IN JULY 2017.ACROSS THE GREENLIGHT FUND'S FIVE LOCATIONS, IN 2016 GREENLIGHT-SUPPORTED ORGANIZATIONS REACHED 60,230 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$1,937,677ExpenseAmt
Grant$1,653,675GrantAmt
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 IS A COMPETITIVE GRANT PROGRAM HOUSED AT THE CORPORATION FOR NATIONAL AND COMMUNITY SERVICE.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,082,169TotalProgramServiceExpensesAmt
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 Document12IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee16EmployeeCnt
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 Members9GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
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
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 (10 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)$131,644$0$9,361
JOHN SIMON
CHAIRPERSON5.00Yes (X)Yes (X)$0$0$0
MICHAEL DANZIGER
TREASURER1.00Yes (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
CASEY JOHNSON
EXECUTIVE DIRECTOR BAY ARE40.00$105,693$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$237,337TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$9,361TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$460,269FundraisingAmt
Government Grants$1,011,891GovernmentGrantsAmt
All Other Contributions$5,567,207AllOtherContributionsAmt
Total Contributions$7,039,367TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$329TotalRevenueColumnAmt
Exclusion$329ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$129,185FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$460,269ContriRptFundraisingEventAmt
Fundraising Direct Expenses$370,088FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$240,903TotalRevenueColumnAmt
Exclusion-$240,903ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,798,793TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$240,574ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,186,175TotalAmt
Program Services$2,186,175ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$141,004TotalAmt
Program Services$119,854ProgramServicesAmt
Management And General$14,100ManagementAndGeneralAmt
Fundraising$7,050FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$811,406TotalAmt
Program Services$395,978ProgramServicesAmt
Management And General$339,813ManagementAndGeneralAmt
Fundraising$75,615FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$58,093TotalAmt
Program Services$28,808ProgramServicesAmt
Management And General$25,820ManagementAndGeneralAmt
Fundraising$3,465FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$66,816TotalAmt
Program Services$39,519ProgramServicesAmt
Management And General$20,858ManagementAndGeneralAmt
Fundraising$6,439FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$93,883TotalAmt
Program Services$27,250ProgramServicesAmt
Management And General$66,633ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$199,556TotalAmt
Program Services$121,422ProgramServicesAmt
Management And General$77,101ManagementAndGeneralAmt
Fundraising$1,033FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,164TotalAmt
Program Services$1,561ProgramServicesAmt
Management And General$1,194ManagementAndGeneralAmt
Fundraising$409FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$7,669TotalAmt
Program Services$2,740ProgramServicesAmt
Management And General$3,514ManagementAndGeneralAmt
Fundraising$1,415FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$61,108TotalAmt
Program Services$32,416ProgramServicesAmt
Management And General$18,141ManagementAndGeneralAmt
Fundraising$10,551FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$125,015TotalAmt
Program Services$97,318ProgramServicesAmt
Management And General$15,629ManagementAndGeneralAmt
Fundraising$12,068FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$54,699TotalAmt
Program Services$22,025ProgramServicesAmt
Management And General$10,626ManagementAndGeneralAmt
Fundraising$22,048FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$13,650TotalAmt
Management And General$13,650ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$30,368TotalAmt
Management And General$30,368ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
DUES AND SUBSCRIPTIONS$7,838$610$7,228
COMMUNICATIONS$6,567$4,576$1,157$834
MINOR EQUIPMENT$4,588$1,738$2,850
MISCELLANEOUS$3,870$179$3,609$82

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,875,469TotalAmt
Program Services$3,082,169ProgramServicesAmt
Management And General$652,291ManagementAndGeneralAmt
Fundraising$141,009FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$921,194BOYAmt
EOY$2,851,679EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,118,239BOYAmt
EOY$1,118,568EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,834,606BOYAmt
EOY$3,349,823EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$593,506BOYAmt
EOY$436,673EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$54,600LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$13,650LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$19,250BOYAmt
EOY$40,950EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$19,195BOYAmt
EOY$8,214EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,505,990BOYAmt
EOY$7,805,907EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$153,829BOYAmt
EOY$245,831EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$197,804BOYAmt
EOY$482,395EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$351,633BOYAmt
EOY$728,226EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$940,641BOYAmt
EOY$1,406,517EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,213,716BOYAmt
EOY$5,671,164EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,154,357BOYAmt
EOY$7,077,681EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,505,990BOYAmt
EOY$7,805,907EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,923,324ReconcilationRevenueExpnssAmt
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 RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

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$1,154,201CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,367,062CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,027,881CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,267,995CurrentTaxYearMinus1YearAmt
Current Tax Year$7,039,367CurrentTaxYearAmt
Total$17,856,506TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,154,201CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,367,062CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,027,881CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,267,995CurrentTaxYearMinus1YearAmt
Current Tax Year$7,039,367CurrentTaxYearAmt
Total$17,856,506TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,911,532SubstantialContributorsTotAmt
Public Support Total170$13,944,974PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,819CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,102CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,528CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$550CurrentTaxYearMinus1YearAmt
Current Tax Year$329CurrentTaxYearAmt
Total$15,328TotalAmt
FieldValueIRS element (for citing)
Total Support$17,871,834TotalSupportAmt
Gross Receipts Rltd Activities-$535,088GrossReceiptsRltdActivitiesAmt
Public Support CY1700.78030PublicSupportCY170Pct
Public Support PY1700.72240PublicSupportPY170Pct
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$13,650DepreciationAmt
Book Value$40,950BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$40,950TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,825,906TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$27,113DonatedServicesAndUseFcltsAmt
Revenue Not Reported$27,113RevenueNotReportedAmt
Revenue Subtotal$6,798,793RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,798,793TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,902,582TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$27,113DonatedServicesUseFcltsAmt
Expenses Not Reported$27,113ExpensesNotReportedAmt
Expenses Subtotal$3,875,469ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,875,469TotalExpensesPerForm990Amt

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, 2016. 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$267,387GrossReceiptsEvent1Amt
Charitable Contri Event1$232,212CharitableContriEvent1Amt
Gross Revenue Event1$35,175GrossRevenueEvent1Amt
Rent Facility Costs Event1$18,940RentFacilityCostsEvent1Amt
Food And Beverage Event1$65,295FoodAndBeverageEvent1Amt
Entertainment Event1$6,000EntertainmentEvent1Amt
Other Direct Expenses Event1$74,207OtherDirectExpensesEvent1Amt
Event2GOLF EVENTEvent2Nm
Gross Receipts Event2$106,180GrossReceiptsEvent2Amt
Charitable Contri Event2$69,445CharitableContriEvent2Amt
Gross Revenue Event2$36,735GrossRevenueEvent2Amt
Entertainment Event2$43,264EntertainmentEvent2Amt
Other Direct Expenses Event2$11,687OtherDirectExpensesEvent2Amt
Other Events Total4OtherEventsTotalCnt
Gross Receipts Other Events$215,887GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$158,612CharitableContriOtherEventsAmt
Gross Revenue Other Events$57,275GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$36,337RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$29,805FoodAndBeverageOtherEventsAmt
Entertainment Other Events$7,826EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$76,727OthDirectExpnssOtherEventsAmt
Gross Receipts Total$589,454GrossReceiptsTotalAmt
Charitable Contributions Tot$460,269CharitableContributionsTotAmt
Gross Revenue Total Events$129,185GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$55,277RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$95,100FoodAndBeverageTotalEventsAmt
Entertainment Total Events$57,090EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$162,621OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$370,088DirectExpenseSummaryEventsAmt
Net Income Summary-$240,903NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (11 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
BOSTON UNIVERSITY PAFO
25 BUICK STREETBOSTONMA02115042103547501 (C)(3)$265,650GENERAL SUPPORT
NATIONAL COLLEGE ADVISING CORPS
301 W BARBEE CHAPEL ROAD STE 210CHAPEL HILLNC27517461192687501 (C)(3)$12,500GENERAL SUPPORT
SINGLE STOP USA
1825 PARK AVENUE SUITE 503NEW YORKNY10035208337690501 (C)(3)$183,567GENERAL SUPPORT
THE CENTER FOR EMPLOYMENT OPPORTUNITIES
50 BROADWAY SUITE 1604NEW YORKNY10004133843322501 (C)(3)$140,000GENERAL SUPPORT
SPRINGBOARD COLLABORATIVE
1701 WALNUT ST 7TH FLPHILADEPLPHIAPA19103453719806501 (C)(3)$130,000GENERAL SUPPORT
BLUEPRINT SCHOOLS
61 CHAPEL STREETNEWTONMA02458274199289501 (C)(3)$247,913GENERAL SUPPORT
GENESYS WORKS
601 JEFFERSON STREETHOUSTONTX77002030440761501 (C)(3)$383,093GENERAL SUPPORT
UASPIRE
31 ST JAMES AVENUE SUITE 520BOSTONMA02116043564307501 (C)(3)$273,474GENERAL SUPPORT
YEAR UP
93 SUMMER STREETBOSTONMA02110043534407501 (C)(3)$287,478GENERAL SUPPORT
CAREMESSAGE
360 PINE STREET 6TH FLOORSAN FRANCISCOCA94104273252911501 (C)(3)$112,500GENERAL SUPPORT
PARENT-CHILD HOME PROGRAM INC
1415 KELLUM PLACE SUITE 101GARDEN CITYNY11530112495601501 (C)(3)$150,000GENERAL SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org11Total501c3OrgCnt

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 BOARD OF DIRECTORS OVERSEES THE AUDIT PROCESS. THERE WERE NO CHANGES TO THE OVERSIGHT PROCESS DURING 2016.

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