2024-09-30T11:47:11-05:00 2023-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-01-01 200407083 GREENLIGHT FUND INC GREE 6179128983 50 MILK STREET 16TH FLOOR BOSTON MA 02109 ALI KNIGHT CEO 6179128983 2024-09-26 1 1 KATIE BELANGER CPA P01585213 5083669100 2024-09-26 2023 2024-10-15 13:58:12Z ALI KNIGHT 50 MILK STREET 16TH FLOOR BOSTON MA 02109 42178978 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 57 401 0 0 21589916 14343566 0 0 528819 944240 -646705 -382370 21472030 14905436 3539692 3915251 0 0 4602988 6331377 0 0 491460 1693496 2264831 9836176 12511459 11635854 2393977 52683189 56201018 399974 575346 52283215 55625672 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 10228315 3915251 TO MEET ITS MISSION IN THE TWELVE 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 FIFTEEN 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, CHILD FIRST, AND THE FOUNTAIN FUND.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, 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, ALTERNATIVES TO VIOLENCE, AND INNER EXPLORER 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, ALL OUR KIN, FOOD CONNECT, AND MRELIEF 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, INNER EXPLORER, AND CAPITAL GOOD FUND INTO THE CITY.SINCE 2020 WHEN IT WAS FOUNDED IN THE TWIN CITIES, GREENLIGHT TWIN CITIES HAS IMPORTED LET EVERYONE ADVANCE WITH DIGNITY AND IRTH INTO THE CITY.SINCE 2021 WHEN IT WAS FOUNDED IN BALTIMORE, GREENLIGHT BALTIMORE HAS IMPORTED POINT SOURCE YOUTH.SINCE 2022 WHEN IT WAS FOUNDED IN GREATER NEWARK, GREENLIGHT GREATER NEWARK HAS IMPORTED EMS CORPS.IN 2023, GREENLIGHT FUND LAUNCHED ITS TWELFTH SITE, CHICAGO, AND BEGAN ITS FIRST SELECTION PROCESS IN 2023.ACROSS GREENLIGHT FUND'S TWELVE LOCATIONS, IN 2023 GREENLIGHT-SUPPORTED ORGANIZATIONS REACHED 387,981 CHILDREN, YOUTH AND FAMILIES WITH THEIR INNOVATIVE PROGRAMS THAT ARE ACHIEVING MEASURABLE RESULTS IN THEIR EFFORTS TO TRANSFORM LIVES. 10228315 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 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 41 0 1 57 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 MADHUMITA CHAKRABARTTI 6179128983 50 MILK STREET 16TH FLOOR BOSTON MA 02109 MARGARET HALL CLERK, CEO 40.00 X X 217171 0 16128 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 MADHUMITA CHAKRABARTTI VP, FINANCE & OPERATIONS 40.00 X 150946 0 13791 CASEY JOHNSON VP, NATIONAL PORTFOLIO & LEARNING 40.00 X 193155 0 7440 KATHERINE SCHWASS VP OF SITE SUCCESS & BAY AREA ED 40.00 X 176583 0 16002 MELISSA LUNA VP OF SITE SUCCESS & BOSTON ED 40.00 X 181083 0 16002 ROBERT MAYS VP, PEOPLE, EQUITY & CULTURE 40.00 X 165837 0 31454 LATISHA JOHNSON EXECUTIVE DIRECTOR, GREATER NEWARK 40.00 X 146087 0 24575 1230862 0 125392 19 0 1 0 0 632304 13711262 3114168 14343566 1193098 1193098 26605128 26853986 -248858 -248858 -248858 37186 632304 419556 -382370 -382370 14905436 0 0 561870 3905251 3905251 10000 10000 403871 249007 138843 16021 4847067 3796176 686729 364162 143373 143373 533207 382604 121619 28984 403859 313203 60861 29795 44406 44406 45728 45728 479987 350292 101574 28121 122062 91752 21935 8375 220816 112583 107603 630 134334 91190 42431 713 582356 413863 162208 6285 64934 60457 566 3911 31801 31801 PROGRAM SUPPORT 281802 275063 5303 1436 MISCELLANEOUS 180164 139696 38058 2410 BAD DEBT 34231 34231 DUES AND SUBSCRIPTIONS 22997 22036 831 130 19213 15142 3584 487 12511459 10228315 1791684 491460 9394743 7261496 300000 4385732 10959615 8568215 123464 171060 0 18750 31878015 35739245 8602 75270 52683189 56201018 299974 475346 100000 100000 399974 575346 X 14359709 14759485 37923506 40866187 52283215 55625672 52683189 56201018 2393977 948480 0 X X 0 1 X 1 0 X 10622263 9938874 15858662 21589916 14343566 72353281 10622263 9938874 15858662 21589916 14343566 72353281 8095579 64257702 112186 31858 42869 692274 1193098 2072285 74425566 254334 0.86340 0.88700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 15882006 948480 73818 1022298 14859708 45728 45728 14905436 12539549 73818 73818 12465731 45728 45728 12511459 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, 2023. THE FUND'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. 0 0 0 0 0 0 0 0 0 EUROPE (INCLUDING ICELAND & GREENLAND) SELECTION CYCLE DILIGENCE PHASE GRANT FOR CHARITABLE PURPOSES. 10000 WIRE TRANSFER 0 FMV 1 0 0 0 0 0 0 EMERALD EVENING 471877 460985 10892 29688 112804 14523 173062 BOS GOLF 145628 119334 26294 45341 7206 34962 1 51985 51985 96 1874 669490 632304 37186 75125 121884 14523 208024 419556 -382370 1 ALL OUR KIN INC 153 EAST ST 3RD FLOOR NEW HAVEN CT 06511 061539280 C-CORP 173750 0 GENERAL SUPPORT BAM - YOUTH GUIDANCE 1 NORTH LASALLE STREET SUITE 900 CHICAGO IL 60602 362167032 501 (C ) 3 305000 0 GENERAL SUPPORT BUILD COMMONWEALTH INC 22 BATTERYMARCH STREET SUITE 501 BOSTON MA 02109 043540147 501 (C ) 3 10000 0 GENERAL SUPPORT CENTER FOR EMPLOYMENT OPPORTUNITIES 50 BROADWAY SUITE 1604 NEW YORK NY 10004 133843322 501 (C ) 3 242500 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 300000 0 GENERAL SUPPORT CONNECT TO COMPETE INC 413 K ST NE WASHINGTON DC 20002 454868462 501 (C ) 3 175000 0 GENERAL SUPPORT FOOD CONNECT CO 2407 GRAYS FERRY AVE PHILADELPHIA PA 19146 813230981 501 (C ) 3 347500 0 GENERAL SUPPORT FOODCORPS INC 1140 SE 7TH AVE SUITE 110 PORTLAND OR 97214 273990987 C-CORP 10000 0 GENERAL SUPPORT HOMESTART INC 105 CHAUNCY STREET SUITE 502 BOSTON MA 02111 043311270 C-CORP 237501 0 GENERAL SUPPORT HOPEWORKS CAMDEN 808 MARKET ST CAMDEN NJ 08102 311660671 C-CORP 175000 0 GENERAL SUPPORT INNER EXPLORER INC 430 FRANKLIN VILLAGE DR 325 FRANKLIN MA 02038 452395336 501 (C ) 3 300000 0 GENERAL SUPPORT INNERCITY WEIGHTLIFTING INC 160 SECOND ST CAMBRIDGE MA 02142 271333425 C-CORP 10000 0 GENERAL SUPPORT INTERISE INC 361 NEWBURY STREET SUITE 421 BOSTON MA 02115 263011769 C-CORP 10000 0 GENERAL SUPPORT JOIN FREEWORLD INC 1043 GARLAND AVE UNIT C 950 SAN JOSE CA 95126 854029841 501 (C ) 3 10000 0 GENERAL SUPPORT MRELIEF 2045 W GRAND AVE STE B PMB 70440 CHICAGO IL 606121577 473559589 501 (C ) 3 97500 0 GENERAL SUPPORT NARRATIVE NATION INC 48 LONGSHORE ST BAY SHORE NY 11706 823760872 501 (C ) 3 87500 0 GENERAL SUPPORT NEW TEACHER CENTER 110 COOPER STREET SUITE 500 SANTA CRUZ CA 95060 262427526 501 (C ) 3 20000 0 GENERAL SUPPORT NURSE-FAMILY PARTNERSHIP 1900 GRANT ST 4TH FLOOR DENVER CO 80203 200234163 C-CORP 150000 0 GENERAL SUPPORT PEER HEALTH EXCHANGE INC 1423 BROADWAY 1059 OAKLAND CA 94612 562374305 501 (C ) 3 30000 0 GENERAL SUPPORT PILLSBURY UNITED COMMUNITIES 3750 FREMONT AVE N MINNEAPOLIS MN 55412 410916478 501 (C ) 3 150000 0 GENERAL SUPPORT POINT SOURCE YOUTH 215 PARK AVENUE SOUTH 11TH FLOOR NEW YORK NY 10003 473748007 C-CORP 195000 0 GENERAL SUPPORT PUBLIC WORKS ALLIANCE 801 COLD SPRING ROAD SANTA BARBARA CA 93108 872189871 501 (C ) 3 110000 0 GENERAL SUPPORT RAR-MA INC (RAISING A READER MA) 3 SCHOOL STREET BOSTON MA 02108 800297898 501 (C ) 3 50000 0 GENERAL SUPPORT SPRINGBOARD COLLABORATIVE 1500 JOHN F KENNEDY BLVD SUITE 1160 PHILADEPLPHIA PA 19102 453719806 501 (C ) 3 80000 0 GENERAL SUPPORT THE CAPITAL GOOD FUND 333 SMITH STREET PROVIDENCE RI 02908 800348382 501 (C ) 3 70000 0 GENERAL SUPPORT THE FOUNTAIN FUND 233 4TH ST NW BOX Z CHARLOTTESVILLE VA 22902 813741447 501 (C ) 3 185000 0 GENERAL SUPPORT THE LITERACY LAB 1400 16TH STREET NW SUITE 410 WASHINGTON DC 20036 271777117 501 (C ) 3 235000 0 GENERAL SUPPORT WTIA WORKFORCE INSTITUTE (APPRENTI) 1595 NW GILMAN BLVD SUITE 6B ISSAQUAH WA 98027 473951262 501 (C ) 3 10000 0 GENERAL SUPPORT AVANCE INC 824 BROADWAY ST SUITE 204 SAN ANTONIO TX 78215 741769114 501 (C ) 3 10000 0 GENERAL SUPPORT FIRST PLACE FOR YOUTH 426 17TH ST SUITE 100 OAKLAND CA 94612 943341034 501 (C ) 3 59000 0 GENERAL SUPPORT PARENT-CHILD HOME PROGRAM INC 163B MINEOLA BLVD MINEOLA NY 11501 112495601 501 (C ) 3 60000 0 GENERAL SUPPORT 23 9 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 217171 0 0 0 0 0 7555 0 8573 0 233299 0 0 0 CASEY JOHNSON VP, NATIONAL PORTFOLIO & LEARNING 193155 0 0 0 0 0 5361 0 2079 0 200595 0 0 0 ROBERT MAYS VP, PEOPLE, EQUITY & CULTURE 165837 0 0 0 0 0 6879 0 24575 0 197291 0 0 0 MELISSA LUNA VP OF SITE SUCCESS & BOSTON ED 181083 0 0 0 0 0 7429 0 8573 0 197085 0 0 0 KATHERINE SCHWASS VP OF SITE SUCCESS & BAY AREA ED 176583 0 0 0 0 0 7429 0 8573 0 192585 0 0 0 LATISHA JOHNSON EXECUTIVE DIRECTOR, GREATER NEWARK 146087 0 0 0 0 0 0 0 24575 0 170662 0 0 0 MADHUMITA CHAKRABARTTI VP, FINANCE & OPERATIONS 150946 0 0 0 0 0 6043 0 7748 0 164737 0 0 0 X 8 3114168 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.