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Community Development : Housing and Neighborhood Development (Grantmaking/Grants Payable)

Greenlight Fund

Creating local infrastructure to transform the lives of children, youth and families in high-poverty urban areas

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Impact Information is available from our partner, GuideStar

four stars

91.30

200 Clarendon Street 44th Floor
Boston, MA 02116
tel: (617) 912-8983   Web Site
EIN: 20-0407083

Board Leadership
John Simon
Chairperson

CEO
Margaret Hall
National Executive Director, Co-Founder

  Score
(out of 100)
Rating
Overall Score & Rating 91.30 four stars
  Financial 94.51 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 12/01/2018 and includes data from FY2017, the most recent 990 received at that time.

The GreenLight Fund “greenlights” powerful programs that can help solve critical local needs, speeding their entry into the new location and giving them a strong start in the local community. With the help of a Selection Advisory Council, the GreenLight Fund identifies urgent needs in the local community and vets potential organizations based on their ability to meet these needs and build on the landscape of organizations already working in the community. Once an organization is “greenlighted” for the local community, the GreenLight Fund partners with the organization to build a strong local organizational foundation and launch the program as quickly as possible. The GreenLight Fund provides critical support during the first four-six years of a program's life in the new community. GreenLight is an on-the-ground partner invested in the early and long-term success of the organization.

The GreenLight Fund “greenlights” powerful programs that can help solve critical local needs, speeding their entry into the new location and giving them a strong start in the local community. With the help of a Selection Advisory Council, the GreenLight Fund identifies urgent needs in the local community and vets potential organizations based on their ability to meet these needs and build on the landscape of organizations already working in the community. Once an organization is “greenlighted” for the local community, the GreenLight Fund partners with the organization to build a strong local organizational foundation and launch the program as quickly as possible. The GreenLight Fund provides critical support during the first four-six years of a program's life in the new community. GreenLight is an on-the-ground partner invested in the early and long-term success of the organization.

Impact Information

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This impact information is current as of March 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

94.51

Accountability & Transparency

three stars

89.00

This rating was published 12/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
83.3%
  Administrative Expenses 13.0%
  Fundraising Expenses 3.5%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 1.94
  Program Expenses Growth 12.6%
  Liabilities to Assets 4.6%
All data for Financial Performance Metrics calculations was provided by Greenlight Fund on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Greenlight Fund on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Greenlight Fund (MA) 91.30 four stars
Citizens Committee for New York City (NY) 93.18 four stars
Community Action Services and Food Bank (UT) 86.84 three stars
Staten Island Economic Development Corporation (SIEDC) (NY) 86.03 three stars
Phillips Brook House Association (MA) 89.37 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,902,005
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $654,679
   Related Organizations $0
   Government Grants $721,060
Total Contributions $5,277,744
   Program Service Revenue $0
Total Primary Revenue $5,277,744
   Other Revenue $-416,740
TOTAL REVENUE $4,861,004
   
EXPENSES  
   Program Expenses $3,718,590
   Administrative Expenses $550,014
   Fundraising Expenses $102,050
TOTAL FUNCTIONAL EXPENSES $4,370,654
   
Payments to Affiliates $0
Excess (or Deficit) for the year $490,350
   
Net Assets $7,568,031

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Identifying and Meeting Community Needs $2,364,086 63.6%
Social Innovation Fund $1,354,504 36.4%

Ratings History
Greenlight Fund has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 12/01/2018 91.30 four stars
2016-12 03/01/2018 91.98 four stars
2015-12 12/01/2016 92.02 four stars
2014-12 06/01/2016 81.53 three stars
 
CN 2.0
2013-12 03/01/2016 78.77 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 20-0407083
Name in IRS Master File GREENLIGHT FUND INC
NTEE Code S50
NTEE Classification Nonprofit Management
NTEE Type Community Improvement, Capacity Building
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 2004
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$134,844 3.08% Margaret Hall National Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Greenlight Fund (MA) 91.30 four stars
Initiative Foundation (MN) 92.11 four stars
Catholic Charities CYO, Archdiocese of San Francisco (CA) 91.21 four stars
The Pittsburgh Project (PA) 85.00 three stars
Chicago Cares (IL) 90.59 four stars

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Charity Contact Info

Greenlight Fund
200 Clarendon Street
44th Floor
Boston, MA 02116
tel: (617) 912-8983
EIN: 20-0407083

Visit Web Site

Board Leadership

John Simon
Chairperson

CEO

Margaret Hall
National Executive Director, Co-Founder

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