GREENLIGHT FUND INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- GREENLIGHT FUND INC (EIN 20-0407083)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-09-30
- IRS object ID
- 201342739349300509
- Schema version
- 2012v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-09-30T08:28:30-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042571780 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEXANDER ARONSON FINNING & CO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 EAST MAIN STREET | AddressLine1 |
| City | WESTBOROUGH | City |
| State | MA | State |
| ZIP Code | 01581 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200407083 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREENLIGHT FUND INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GREE | NameControl |
| Phone | 6179128981 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 CLARENDON STREET 9TH FLOOR | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARGARET HALL | Name |
| Title | NATIONAL EXECUTIVE DIRECTOR | Title |
| Phone | 6179128981 | Phone |
| Date Signed | 2013-09-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MATTHEW HUTT CPA | Name |
| PTIN | P01070603 | PTIN |
| Phone | 5083669100 | Phone |
| Date Prepared | 2013-09-18 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
| Name Of Principal Officer Person | MARGARET HALL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 CLARENDON STREET 9TH FLOOR | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1680670 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.GREENLIGHTFUND.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2003 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | SEE SCHEDULE O THE GREENLIGHT FUND ADDRESSES THE CRITICAL NEEDS OF OUR CITIES' LOW-INCOME CHILDREN, YOUTH AND FAMILIES BY IDENTIFYING HIGH-PERFORMING, INNOVATIVE NONPROFITS IN OTHER COMMUNITIES AND SUPPORTING THEM TO EXPAND TO THE CITY WHEN THEY SHOW THE RESULTS NEEDED TO HAVE A SIGNIFICANT IMPACT ON LOCAL NEEDS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 5 | NbrIndependentVotingMembers |
| Total Nbr Employees | 8 | TotalNbrEmployees |
| Total Nbr Volunteers | 45 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2630793 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1154201 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 4265 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3819 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 16292 | OtherRevenuePriorYear |
| Other Revenue Current Year | 89742 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2651350 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1247762 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 738677 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 662775 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 231312 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 433533 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 31801 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 107858 | OtherExpensePriorYear |
| Other Expenses Current Year | 124180 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1077847 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1220488 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1573503 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 27274 | RevenuesLessExpensesCY |
| Total Assets BOY | 3509538 | TotalAssetsBOY |
| Total Assets EOY | 3478840 | TotalAssetsEOY |
| Total Liabilities BOY | 112955 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 54983 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3396583 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 3423857 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE GREENLIGHT FUND ADDRESSES THE CRITICAL NEEDS OF OUR CITIES' LOW-INCOME CHILDREN, YOUTH AND FAMILIES BY IDENTIFYING HIGH-PERFORMING, INNOVATIVE NONPROFITS IN OTHER COMMUNITIES AND SUPPORTING THEM TO EXPAND TO THE CITY WHEN THEY SHOW THE RESULTS NEEDED TO HAVE A SIGNIFICANT IMPACT ON LOCAL NEEDS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1100513 | Expense |
| Grants | 662775 | Grants |
| Description | GREENLIGHT'S CORE PROGRAM INCLUDES THE FOLLOWING ACTIVITIES:- IDENTIFIES, VETS, SELECTS AND HELPS LAUNCH INNOVATIVE, RESULTS-ORIENTED PROGRAMS THAT HAVE BEEN PROVEN ELSEWHERE AND HAVE HIGH POTENTIAL TO MEET CRITICAL NEEDS IN BOSTON, PHILADELPHIA, AND THE SAN FRANCISCO BAY AREA WITH SIGNIFICANT IMPACT.- PROVIDES START-UP AND EARLY-STAGE FUNDING DURING THE FIRST FOUR - FIVE YEARS OF THE INITIATIVES' PRESENCE IN THE NEW COMMUNITY. - HELPS ORGANIZATIONS IT SUPPORTS NAVIGATE THE NEW COMMUNITY AND MEET POTENTIAL DONORS, BOARD MEMBERS, AND VOLUNTEERS AT SEVERAL EVENTS DURING THE ORGANIZATION'S EARLY YEARS OF OPERATION INCLUDING THE GREENLIGHT GALA, AN EMERALD EVENING, AND THE VC'S VS. ENTREPRENEURS GOLF TOURNAMENT. GREENLIGHT FOCUSES ON CONNECTING THE ORGANIZATIONS TO INDIVIDUALS FROM THE VENTURE CAPITAL, HIGH TECH ENTREPRENEUR, AND PRIVATE EQUITY WORLDS.- LEVERAGES THE FINANCIAL PHILANTHROPIC INVESTMENTS MADE BY GREENLIGHT AND DONORS BY WORKING CLOSELY WITH THE ORGANIZATIONS TO HELP HIRE TALENTED LOCAL LEADERSHIP, BUILD A STRONG BOARD OF DIRECTORS, DEVELOP A STRONG AND DIVERSIFIED FUNDING BASE, AND EVALUATE PROGRESS AND RESULTS.SINCE ITS INCEPTION IN 2004, THE GREENLIGHT FUND HAS HELPED LAUNCH AND SUPPORT THE EXPANSION OF SEVEN INITIATIVES INTO THE BOSTON AREA: FRIENDS OF THE CHILDREN-BOSTON, RAISING A READER-MASSACHUSETTS, PEER HEALTH EXCHANGE, YOUTH VILLAGES TRANSITIONAL LIVING PROGRAM, THE FAMILY INDEPENDENCE INITIATIVE, SINGLE STOP USA AND THE NEW TEACHER CENTER. THESE ORGANIZATIONS ARE NOW REACHING APPROXIMATELY 20,000 LOW-INCOME YOUTH AND FAMILIES. AS OF DECEMBER 31, 2012, THE GREENLIGHT FUND HAS HELD 21 EVENTS TO SHOWCASE THE ORGANIZATIONS TO INDIVIDUALS AND COMPANIES PRIMARILY FROM THE VENTURE CAPITAL AND HIGH TECH ENTREPRENEUR COMMUNITIES IN BOSTON. IN 2012, GREENLIGHT FUND RAISED A TOTAL OF APPROXIMATELY $897,000 FROM THESE EVENTS. IN 2012, THE GREENLIGHT FUND LAUNCHED OPERATIONS IN PHILADELPHIA AND THE SAN FRANCISCO BAY AREA WITH THE HIRING OF EXECUTIVE DIRECTORS FOR GREENLIGHT PHILADELPHIA AND GREENLIGHT SAN FRANCISCO BAY AREA. | Description |
| Total Program Service Expense | 1100513 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 13 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 8 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 5 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARGARET HALL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6179128981 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 CLARENDON STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (8 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| MARGARET HALL | ||||||
| NATIONAL EXECUTIVE DIRECTOR AND CLERK | 40.00 | X | X | 121045 | 0 | 8754 |
| JOHN SIMON | ||||||
| CHAIRPERSON | 5.00 | X | X | 0 | 0 | 0 |
| MICHAEL DANZIGER | ||||||
| TREASURER | 1.00 | 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 | |
| HEMANT TANEJA | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| CASEY JOHNSON | ||||||
| EXECUTIVE DIRECTOR, GREENLIGHT SAN FRAN. BAY AREA | 40.00 | X | 71115 | 0 | 0 | |
| MATT JOYCE | ||||||
| EXECUTIVE DIRECTOR, GREENLIGHT PHILADELPHIA | 40.00 | X | 81404 | 0 | 8590 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 273564 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 17344 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 374716 | FundraisingEvents |
| Government Grants | 44623 | GovernmentGrants |
| All Other Contributions | 734862 | AllOtherContributions |
| Total Contributions | 1154201 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3819 | TotalRevenueColumn |
| Exclusion | $3,819 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 522650 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 374716 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 432908 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 89742 | TotalRevenueColumn |
| Exclusion | $89,742 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1247762 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $93,561 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 662775 | Total |
| Program Services | 662775 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 306766 | Total |
| Program Services | 251120 | ProgramServices |
| Management And General | 37337 | ManagementAndGeneral |
| Fundraising | 18309 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 95522 | Total |
| Program Services | 66510 | ProgramServices |
| Management And General | 23683 | ManagementAndGeneral |
| Fundraising | 5329 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6356 | Total |
| Program Services | 3670 | ProgramServices |
| Management And General | 1292 | ManagementAndGeneral |
| Fundraising | 1394 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24889 | Total |
| Program Services | 19859 | ProgramServices |
| Management And General | 3531 | ManagementAndGeneral |
| Fundraising | 1499 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19318 | Total |
| Program Services | 14610 | ProgramServices |
| Management And General | 4708 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6828 | Total |
| Program Services | 1966 | ProgramServices |
| Management And General | 4659 | ManagementAndGeneral |
| Fundraising | 203 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2118 | Total |
| Program Services | 441 | ProgramServices |
| Management And General | 1677 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32000 | Total |
| Program Services | 26831 | ProgramServices |
| Management And General | 3486 | ManagementAndGeneral |
| Fundraising | 1683 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25008 | Total |
| Program Services | 23928 | ProgramServices |
| Management And General | 484 | ManagementAndGeneral |
| Fundraising | 596 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14851 | Total |
| Program Services | 11818 | ProgramServices |
| Management And General | 1288 | ManagementAndGeneral |
| Fundraising | 1745 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3852 | Total |
| Program Services | 2312 | ProgramServices |
| Management And General | 1540 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MISCELLANEOUS | 9201 | 7655 | 503 | 1043 |
| COMMUNICATIONS | 6199 | 2453 | 3746 | |
| DUES AND SUBSCRIPTIONS | 2469 | 2285 | 184 | |
| MINOR EQUIPMENT | 2291 | 2235 | 56 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45 | Total |
| Program Services | 45 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1220488 | Total |
| Program Services | 1100513 | ProgramServices |
| Management And General | 88174 | ManagementAndGeneral |
| Fundraising | 31801 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1236748 | BOY |
| EOY | 2032023 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1115726 | BOY |
| EOY | 1116584 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1153290 | BOY |
| EOY | 260000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 52576 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3774 | BOY |
| EOY | 17657 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3509538 | BOY |
| EOY | 3478840 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62955 | BOY |
| EOY | 54983 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50000 | BOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 112955 | BOY |
| EOY | 54983 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 112948 | BOY |
| EOY | 228791 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3283635 | BOY |
| EOY | 3195066 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3396583 | BOY |
| EOY | 3423857 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3509538 | BOY |
| EOY | 3478840 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 27274 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2320487 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1086044 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 820867 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2630793 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1154201 | CurrentTaxYear |
| Total | 8012392 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2320487 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1086044 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 820867 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2630793 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1154201 | CurrentTaxYear |
| Total | 8012392 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 2721204 | AmountsSubstContributorsTotal |
| Public Support Total170 | 5291188 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 913 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 446 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 11461 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4265 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3819 | CurrentTaxYear |
| Total | 20904 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 510377 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | -115596 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | -66639 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16292 | CurrentTaxYearMinus1Year |
| Current Tax Year | 89742 | CurrentTaxYear |
| Total | 434176 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 8467472 | TotalSupport |
| Gross Receipts From Admissions Etc | 1053192 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.62490 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.63010 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 1295248 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 47486 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 47486 | RevenueNotRptdF990 |
| Revenue Subtotal | 1247762 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1247762 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1267974 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 47486 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 47486 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1220488 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1220488 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X, LINE 2: | ReturnReference |
| Explanation | THE FUND FOLLOWS THE CRITERIA FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES THE FUND TO REPORT UNCERTAIN TAX POSITIONS, RELATED INTEREST AND PENALTIES, AND TO ADJUST ITS ASSETS AND LIABILITIES RELATED TO UNRECOGNIZED TAX BENEFITS AND ACCRUED INTEREST AND PENALTIES ACCORDINGLY. AS OF DECEMBER 31, 2012, THE FUND DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | DINNER EVENT | NameOfEvent1 |
| Gross Receipts Event1 | 189432 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 44282 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 145150 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 11498 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 17867 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 2900 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 54457 | OtherDirectExpensesEvent1 |
| Name Of Event2 | DINNER EVENT | NameOfEvent2 |
| Gross Receipts Event2 | 240313 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 72813 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 167500 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 12988 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 12000 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 10000 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 62251 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 467621 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 257621 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 210000 | GrossRevenueOtherEvents |
| Rent Facility Costs Other Events | 19862 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 64117 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 6100 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 158868 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 897366 | GrossReceiptsTotal |
| Charitable Contributions Total | 374716 | CharitableContributionsTotal |
| Gross Revenue Total Events | 522650 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 44348 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 93984 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 19000 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 275576 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 432908 | DirectExpenseSummaryEvents |
| Net Income Summary | 89742 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | Address Line2AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| RAISING A READER - MA | ||||||||
| 9B HAMILTON PLACE 3RD FLR | BOSTON | MA | 02108 | 800297898 | 501 (C)(3) | 37275 | GENERAL SUPPORT | |
| YOUTH VILLAGES | ||||||||
| 400 WEST CUMMINGS ROAD SUITE 5200 | WOBURN | MA | 01801 | 621652079 | 501 (C)(3) | 85500 | GENERAL SUPPORT | |
| FAMILY INDEPENDENCE INITIATIVE | ||||||||
| 1203 PRESERVATION PARKWAY SUITE 100 | OAKLAND | CA | 94612 | 020784790 | 501 (C)(3) | 200000 | GENERAL SUPPORT | 100 |
| SINGLE STOP USA | ||||||||
| 1825 PARK AVENUE SUITE 503 | NEW YORK | NY | 10035 | 208337690 | 501 (C)(3) | 200000 | GENERAL SUPPORT | |
| NEW TEACHER CENTER | ||||||||
| 725 FRONT ST SUITE 400 | SANTA CRUZ | CA | 95060 | 262427526 | 501 (C)(3) | 140000 | GENERAL SUPPORT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 5 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE GREENLIGHT FUND MONITORS THE USE OF FUNDS GRANTED TO ORGANIZATIONS THROUGH ANNUAL REPORTS FROM THE ORGANIZATIONS. IN ADDITION, GREENLIGHT FUND REPRESENTATIVES (THE BOARD CHAIR AND/OR THE EXECUTIVE DIRECTOR) SERVE ON THE LOCAL BOARDS OF DIRECTORS OR BOARDS OF ADVISORS OF ALL NONPROFIT ORGANIZATIONS THAT RECEIVE FUNDS. AS BOARD MEMBERS OF FUNDED ORGANIZATIONS, THESE GREENLIGHT FUND REPRESENTATIVES REVIEW QUARTERLY FINANCIAL INFORMATION, ANNUAL AUDITED FINANCIAL STATEMENTS, AND ONGOING REPORTS ON PROGRAM RESULTS AND OUTCOMES. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| MARGARET HALL | |||
| BOARD MEMBER | 37275 | THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF A NON-PROFIT ORGANIZATION (RAISING A READER - MA) THAT RECEIVED A GRANT FROM THE GREENLIGHT FUND, INC. CONSISTENT WITH GREENLIGHT FUND'S MISSION, THE FUNDING IS TOWARD EXPANSION OF THIS ORGANIZATION DURING THE START UP PHASE. | 0 |
| MARGARET HALL | |||
| BOARD MEMBER | 85500 | THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF A NON-PROFIT ORGANIZATION (YOUTH VILLAGES) THAT RECEIVED A GRANT FROM THE GREENLIGHT FUND, INC. CONSISTENT WITH GREENLIGHT FUND'S MISSION, THE FUNDING IS TOWARD EXPANSION OF THIS ORGANIZATION DURING THE START UP PHASE. | 0 |
| MARGARET HALL | |||
| BOARD MEMBER | 140000 | THIS INDIVIDUAL IS ALSO A BOARD MEMBER OF A NON-PROFIT ORGANIZATION (NEW TEACHER CENTER) THAT RECEIVED A GRANT FROM THE GREENLIGHT FUND, INC. CONSISTENT WITH GREENLIGHT FUND'S MISSION, THE FUNDING IS TOWARD EXPANSION OF THIS ORGANIZATION DURING THE START UP PHASE. | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| 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 11 | 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 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 EXECUTIVE DIRECTOR SALARY AND APPROVES THE NEXT YEAR'S SALARY DURING THE ANNUAL PERFORMANCE REVIEW. |
| 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 | THE ORGANIZAITON HAS NOT CHANGED THE PROCESS FROM THE PRIOR YEAR. |
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