2023-11-01T14:49:58-05:00 2022-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-01-01 200407083 GREENLIGHT FUND INC GREE 6179128983 50 MILK STREET 16TH FLOOR BOSTON MA 02109 MARGARET HALL CEO 6179128983 2023-10-27 1 MARGARET HALL XXX-XX-XXXX 0 KATIE BELANGER CPA P01585213 5083669100 2023-10-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARGARET HALL 50 MILK STREET 16TH FLOOR BOSTON MA 02109 43391226 0 X WWW.GREENLIGHTFUND.ORG X 2003 MA THE 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. 15 14 54 354 0 0 25858662 21589916 0 0 12538 528819 -44554 -646705 25826646 21472030 2757374 3539692 0 0 3676124 4602988 0 0 345697 1230178 1693496 7663676 9836176 18162970 11635854 42352502 52683189 606932 399974 41745570 52283215 X THE 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. 0 0 8079826 3539692 TO MEET ITS MISSION IN THE ELEVEN 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 TYPICALLY PROVIDES AROUND $600,000 OVER AN ORGANIZATION'S 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 FOURTEEN ORGANIZATIONS INTO BOSTON: FRIENDS OF THE CHILDREN-BOSTON, RAISING A READER-MASSACHUSETTS, PEER HEALTH EXCHANGE, YOUTH VILLAGES' LIFESET PROGRAM, UPTOGETHER, SINGLE STOP USA, THE NEW TEACHER CENTER, COLLEGE ADVISING CORPS, BLUEPRINT SCHOOLS NETWORK, CAREMESSAGE, YOUTH GUIDANCE: BECOMING A MAN, PER SCHOLAS, YOUTH GUIDANCE: WORKING ON WOMANHOOD, AND CHILD FIRST.SINCE 2012 WHEN IT WAS ESTABLISHED IN PHILADELPHIA, GREENLIGHT PHILADELPHIA HAS IMPORTED SINGLE STOP USA, YEAR UP, CENTER FOR EMPLOYMENT OPPORTUNITIES, PARENTCHILD+, COMPASS WORKING CAPITAL, HOPEWORKS, AND THE FOUNTAIN FUND 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, BLUEPRINT MATH FELLOWS, PARENTCHILD+, EVERYONE ON, AND FOOD CONNECT INTO THE BAY AREA. SINCE 2015 WHEN IT WAS FOUNDED IN CINCINNATI, GREENLIGHT CINCINNATI HAS IMPORTED CENTER FOR EMPLOYMENT OPPORTUNITIES, UPTOGETHER AND FIRST PLACE FOR YOUTH, THE LITERACY LAB'S LEADING MEN FELLOWSHIP, AND HOMESTART RENEW COLLABORATIVE INTO THE CITY. SINCE 2016 WHEN IT WAS FOUNDED IN DETROIT, GREENLIGHT DETROIT HAS IMPORTED CENTER FOR EMPLOYMENT OPPORTUNITIES, NEW TEACHER CENTER, AND SPRINGBOARD COLLABORATIVE INTO THE CITY.SINCE 2017 WHEN IT WAS FOUNDED IN CHARLOTTE, GREENLIGHT CHARLOTTE HAS IMPORTED PARENTCHILD+, CENTER FOR EMPLOYMENT OPPORTUNITIES, AND ALTERNATIVES TO VIOLENCE INTO THE CITY. SINCE 2018, WHEN IT WAS FOUNDED IN KANSAS CITY, GREENLIGHT KANSAS CITY HAS IMPORTED YOUTH GUIDANCE: BECOMING A MAN, YOUTH GUIDANCE: WORKING ON WOMANHOOD, AND ALL OUR KIN INTO THE CITY. SINCE 2019 WHEN IT WAS FOUNDED IN ATLANTA, GREENLIGHT ATLANTA HAS IMPORTED CENTER FOR EMPLOYMENT OPPORTUNITIES, THE LITERACY LAB'S LEADING MEN FELLOWSHIP, AND INNER EXPLORER INTO THE CITY.SINCE 2020 WHEN IT WAS FOUNDED IN THE TWIN CITIES, GREENLIGHT TWIN CITIES HAS IMPORTED LET EVERYONE ADVANCE WITH DIGNITY INTO THE CITY.SINCE 2021 WHEN IT WAS FOUNDED IN BALTIMORE, GREENLIGHT BALTIMORE HAS IMPORTED POINT SOURCE YOUTH.IN 2022, GREENLIGHT FUND LAUNCHED ITS ELEVENTH SITE, GREATER NEWARK, AND BEGAN ITS FIRST SELECTION PROCESS IN 2022.ACROSS GREENLIGHT FUND'S ELEVEN LOCATIONS, IN 2022 GREENLIGHT-SUPPORTED ORGANIZATIONS REACHED 565,744 CHILDREN, YOUTH AND FAMILIES WITH THEIR INNOVATIVE PROGRAMS THAT ARE ACHIEVING MEASURABLE RESULTS IN THEIR EFFORTS TO TRANSFORM LIVES. 8079826 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 42 0 1 54 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MA PA CA OH NC MI MN IL CO FL GA MD NJ X MARGARET HALL 6179128983 50 MILK STREET 16TH FLOOR BOSTON MA 02109 MARGARET HALL CLERK, CEO 40.00 X X 195267 0 16003 JOHN SIMON CHAIRPERSON 5.00 X X 0 0 0 TIM PALMER TREASURER 1.00 X X 0 0 0 PAUL CARTTAR BOARD MEMBER 1.00 X 0 0 0 ANNE LOVETT BOARD MEMBER 1.00 X 0 0 0 KERRY SULLIVAN BOARD MEMBER 1.00 X 0 0 0 MARC KOZIN BOARD MEMBER 1.00 X 0 0 0 KATHERINA ROSQUETA BOARD MEMBER 1.00 X 0 0 0 MICHELE JOLIN BOARD MEMBER 1.00 X 0 0 0 CAROL GOSS BOARD MEMBER 1.00 X 0 0 0 TOM EBLING BOARD MEMBER 1.00 X 0 0 0 JUMA CRAWFORD BOARD MEMBER 1.00 X 0 0 0 IRFAN ALIBHAI BOARD MEMBER 1.00 X 0 0 0 JOHN CONNAUGHTON BOARD MEMBER 1.00 X 0 0 0 ALICIA ROSE BOARD MEMBER 1.00 X 0 0 0 ELIZABETH DIGNAN SR. DIR. FIN. OPS (TIL 1/21/22) 40.00 X 14846 0 9006 CASEY JOHNSON VICE PRESIDENT, NATIONAL PORTFOLIO 40.00 X 183577 0 7426 KATHERINE SCHWASS SENIOR EXECUTIVE DIRECTOR, BAY AREA 40.00 X 191831 0 16712 MELISSA LUNA SENIOR EXECUTIVE DIRECTOR, BOSTON 40.00 X 168435 0 15017 ROBERT MAYS VP, PEOPLE, EQUITY & CULTURE 40.00 X 165928 0 30429 CHRIS LONEY CHIEF OF STAFF 40.00 X 142615 0 13962 1062499 0 108555 14 0 1 0 0 1078029 20511887 3127513 21589916 692274 692274 21077828 21241283 -163455 -163455 -163455 31208 1078029 677913 -646705 -646705 21472030 0 0 -117886 3539692 3539692 235122 192709 31077 11336 3634137 2810231 562034 261872 104621 104621 339850 250653 68198 20999 289258 231989 36142 21127 40264 40264 447315 189048 257840 427 71165 51871 17629 1665 198279 95351 101789 1139 136629 77905 56904 1820 260473 198451 59908 2114 104006 93736 2156 8114 31570 31570 PROGRAM SUPPORT 241520 241520 MISCELLANEOUS 77120 30057 35588 11475 INTERNS AND FELLOWS 66088 62638 3450 DUES AND SUBSCRIPTIONS 19067 13975 4933 159 9836176 8079826 1410653 345697 9599002 9394743 300000 300000 6503553 10959615 85323 123464 73350 54600 0 18750 25856022 31878015 8602 8602 42352502 52683189 223182 299974 383750 100000 606932 399974 X 14775781 14359709 26969789 37923506 41745570 52283215 42352502 52683189 11635854 -1098209 0 X X 0 1 X 1 0 X 12850789 10622263 9938874 15858662 21589916 70860504 12850789 10622263 9938874 15858662 21589916 70860504 7225434 63635070 4605 112186 31858 42869 692274 883792 71744296 379657 0.88700 0.93870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 73350 54600 18750 18750 X 20419411 -1098209 45590 -1052619 21472030 0 21472030 9881766 45590 45590 9836176 0 9836176 PART X, LINE 2: THE 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, 2022. THE FUND'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. GLOW 502965 502455 510 7010 64689 7985 145588 BOS GOLF 113882 91734 22148 41965 9128 32897 4 492390 483840 8550 24604 134238 45861 163948 1109237 1078029 31208 73579 208055 53846 342433 677913 -646705 1 ALL OUR KIN INC 153 EAST ST 3RD FLOOR NEW HAVEN CT 06511 061539280 501 (C ) 3 172500 0 GENERAL SUPPORT BAM - YOUTH GUIDANCE 1 NORTH LASALLE STREET SUITE 900 CHICAGO IL 60602 362167032 501 (C ) 3 597192 0 GENERAL SUPPORT CENTER FOR EMPLOYMENT OPPORTUNITIES 50 BROADWAY SUITE 1604 NEW YORK NY 10004 133843322 501 (C ) 3 340000 0 GENERAL SUPPORT CITY OF CHARLOTTE (CURE VIOLENCE GLOBAL) 227 W MONROE ST STE 1025 CURE VIOLENCE GLOBAL CHICAGO IL 60606 823471223 501 (C ) 3 350000 0 GENERAL SUPPORT COMPASS WORKING CAPITAL 89 SOUTH STREET STE 804 BOSTON MA 02111 203975100 501 (C ) 3 10000 0 GENERAL SUPPORT CONNECT TO COMPETE INC 413 K ST NE WASHINGTON DC 20002 454868462 501 (C ) 3 100000 0 GENERAL SUPPORT ECONOMIC MOBILITY PATHWAYS INC 308 CONGRESS STREET BOSTON MA 02210 042104046 501 (C ) 3 10000 0 GENERAL SUPPORT EDUCATIONWORKS INC 990 SPRING GARDEN STREET SUITE 601 PHILADELPHIA PA 19123 223798916 501 (C ) 3 10000 0 GENERAL SUPPORT FIRST PLACE FOR YOUTH 426 17TH ST STE 100 OAKLAND CA 94612 943341034 501 (C ) 3 62500 0 GENERAL SUPPORT FOOD CONNECT CO 2407 GRAYS FERRY AVE PHILADELPHIA PA 19146 813230981 501 (C ) 3 60000 0 GENERAL SUPPORT HOMESTART INC 105 CHAUNCY STREET SUITE 502 BOSTON MA 02111 043311270 501 (C ) 3 200000 0 GENERAL SUPPORT HOPEWORKS CAMDEN 808 MARKET ST CAMDEN NJ 08102 311660671 501 (C ) 3 110000 0 GENERAL SUPPORT INNER EXPLORER INC 430 FRANKLIN VILLAGE DR 325 FRANKLIN MA 02038 452395336 501 (C ) 3 145000 0 GENERAL SUPPORT JOIN FREEWORLD INC 1043 GARLAND AVE UNIT C 950 SAN JOSE CA 95126 854029841 501 (C ) 3 10000 0 GENERAL SUPPORT LIFT INC 999 N CAPITOL STREET NE SUITE 310 WASHINGTON DC 20002 522168409 501 (C ) 3 10000 0 GENERAL SUPPORT NARRATIVE NATION INC 48 LONGSHORE ST BAY SHORE NY 11706 823760872 501 (C ) 3 10000 0 GENERAL SUPPORT NEW TEACHER CENTER 110 COOPER STREET SUITE 500 SANTA CRUZ CA 95060 262427526 501 (C ) 3 140000 0 GENERAL SUPPORT NURSE-FAMILY PARTNERSHIP 1900 GRANT ST 4TH FLOOR DENVER CO 80203 200234163 501 (C ) 3 10000 0 GENERAL SUPPORT PARENT-CHILD HOME PROGRAM INC 163B MINEOLA BLVD MINEOLA NY 11501 112495601 501 (C ) 3 212500 0 GENERAL SUPPORT PER SCHOLAS 804 E 138TH STREET 2ND FLOOR BRONX NY 10454 043252955 501 (C ) 3 200000 0 GENERAL SUPPORT PILLSBURY UNITED COMMUNITIES 3750 FREMONT AVE N MINNEAPOLIS MN 55412 410916478 501 (C ) 3 200000 0 GENERAL SUPPORT POINT SOURCE YOUTH 215 PARK AVENUE SOUTH 11TH FLOOR NEW YORK NY 10003 473748007 501 (C ) 3 20000 0 GENERAL SUPPORT SPRINGBOARD COLLABORATIVE 1500 JOHN F KENNEDY BLVD SUITE 1160 PHILADEPLPHIA PA 19102 453719806 501 (C ) 3 150000 0 GENERAL SUPPORT THE CAPITAL GOOD FUND 333 SMITH STREET PROVIDENCE RI 02908 800348382 501 (C ) 3 20000 0 GENERAL SUPPORT THE FOUNTAIN FUND 233 4TH ST NW BOX Z CHARLOTTESVILLE VA 22902 813741447 501 (C ) 3 110000 0 GENERAL SUPPORT THE LITERACY LAB 1400 16TH STREET NW SUITE 410 WASHINGTON DC 20036 271777117 501 (C ) 3 180000 0 GENERAL SUPPORT TRUSTEES OF BOSTON UNIVERSITY (COLLEGE ADVISING CORPS) 881 COMMONWEALTH AVENUE BOSTON MA 02215 042103547 501 (C ) 3 50000 0 50,000.00 LOCAL SUPPORT YOUTH VILLAGES FOUNDATION INC 3320 BROTHER BLVD MEMPHIS TN 38133 621652079 501 (C ) 3 50000 0 50,000.00 LOCAL SUPPORT 28 PART I, LINE 2: THE 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. X X 0 0 0 0 0 0 0 0 0 MARGARET HALL CLERK, CEO 189267 0 6000 0 0 0 7811 0 8192 0 211270 0 0 0 KATHERINE SCHWASS SENIOR EXECUTIVE DIRECTOR, BAY AREA 185831 0 6000 0 0 0 7673 0 9039 0 208543 0 0 0 ROBERT MAYS VP, PEOPLE, EQUITY & CULTURE 159928 0 6000 0 0 0 6637 0 23792 0 196357 0 0 0 CASEY JOHNSON VICE PRESIDENT, NATIONAL PORTFOLIO 177577 0 6000 0 0 0 7343 0 83 0 191003 0 0 0 MELISSA LUNA SENIOR EXECUTIVE DIRECTOR, BOSTON 162435 0 6000 0 0 0 6737 0 8280 0 183452 0 0 0 CHRIS LONEY CHIEF OF STAFF 124615 0 6000 0 12000 0 5705 0 8257 0 156577 0 0 0 X 9 3127513 FMV 0 0 0 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 11B THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW 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 15 COMPENSATION OF THE CHIEF EXECUTIVE OFFICER WAS BASED ON COMPARABILITY DATA AT THE DATE OF HIRE AND IS REVIEWED, BASED ON COMPARABILITY DATA, EVERY FIVE YEARS. IN 2020, GREENLIGHT FUND COMPLETED A SALARY BENCHMARKING STUDY. EACH YEAR THE BOARD CHAIRMAN REVIEWS THE CHIEF EXECUTIVE OFFICER SALARY AND APPROVES THE NEXT YEAR'S SALARY DURING THE ANNUAL PERFORMANCE REVIEW. THE CHIEF EXECUTIVE OFFICER 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 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: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.