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Community Development : Housing and Neighborhood Development (Grantmaking)

Greenlight Fund

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

four stars

92.02

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 Director, Co-Founder

  Score
(out of 100)
Rating
Overall Score & Rating 92.02 four stars
  Financial 97.50 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 12/01/2016 and includes data from FY2015, 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.

Financial

four stars

97.50

Accountability & Transparency

three stars

89.00

This rating was published 12/01/2016 and includes data from FY2015, 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)
87.4%
  Administrative Expenses 8.7%
  Fundraising Expenses 3.8%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 1.45
  Program Expenses Growth 38.5%
  Liabilities to Assets 7.8%
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) 92.02 four stars
Oklahoma Center for Nonprofits (OK) 92.71 four stars
Los Angeles Alliance for a New Economy (CA) 88.36 three stars
Center for Community Change (DC) 91.54 four stars
Local Initiatives Support Corporation (NY) 90.64 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,696,218
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $550,707
   Related Organizations $0
   Government Grants $1,021,070
Total Contributions $4,267,995
   Program Service Revenue $0
Total Primary Revenue $4,267,995
   Other Revenue $52,677
TOTAL REVENUE $4,320,672
   
EXPENSES  
   Program Expenses $2,921,232
   Administrative Expenses $322,479
   Fundraising Expenses $174,531
TOTAL FUNCTIONAL EXPENSES $3,418,242
   
Payments to Affiliates $0
Excess (or Deficit) for the year $902,430
   
Net Assets $4,154,357

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
Social Innovation Fund $2,013,113 68.9%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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, 2015
  • December, 2014
  • December, 2013
  • December, 2012
  • December, 2011

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

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Compensation % of Expenses Paid to Title
$127,273 3.72% Margaret Hall National Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Greenlight Fund (MA) 92.02 four stars
Urban Homeworks (MN) 85.18 three stars
Urban Affairs Coalition (PA) 85.33 three stars
Enlace Chicago (IL) 87.21 three stars
MEDA (MN) 87.33 three 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 Director, Co-Founder

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