Nonprofit · EIN 20-0407083
GREENLIGHT FUND INC
Tax-exempt · BOSTON, MA 02109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $15,285,791 | $15,240,469 | $45,322 | $57,141,523 | $649,377 | $56,492,146 |
| December 31, 2023 | 990 | $14,905,436 | $12,511,459 | $2,393,977 | $56,201,018 | $575,346 | $55,625,672 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $14,293,479
- Program service revenue
- $0
- Investment income
- $1,371,343
- Net gain from sales of assets
- -$261,048
- Net income from fundraising events
- -$379,031
- Other revenue
- -$379,031
Expenses
- Grants and similar amounts paid
- $4,571,296
- Compensation of officers, directors and key employees
- $579,820
- Other salaries and wages
- $6,127,762
- Salaries, compensation and benefits (total)
- $8,064,524
- Professional fundraising fees
- $0
- Legal fees
- $1,051
- Accounting fees
- $45,003
- Occupancy
- $178,255
- Travel
- $564,389
- Program services (functional)
- $12,500,358
- Management and general (functional)
- $2,129,572
- Fundraising (functional)
- $610,539
Balance sheet and other
- Total assets, start of year
- $56,201,018
- Total assets, end of year
- $57,141,523
- Total liabilities, end of year
- $649,377
- Net assets, end of year
- $56,492,146
- Publicly traded securities
- $44,008,481
- Net assets without donor restrictions
- $14,027,710
- Net assets with donor restrictions
- $42,464,436
- Gross receipts
- $35,731,201
- Employees
- 70
- Volunteers
- 455
- Year formed
- 2003
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RYANN DENHAM DEVENEY | VP, DEVELOPMENT AND EXPANSION Highest-paid employee | 40 | $184,458 | $23,045 |
| MELISSA LUNA | VP OF SITE SUCCESS & BOSTON ED Highest-paid employee | 40 | $190,977 | $16,378 |
| CASEY JOHNSON | VP, NATIONAL PORTFOLIO & LEARNING Highest-paid employee | 40 | $199,931 | $5,535 |
| ROBERT MAYS | VP, PEOPLE, EQUITY & CULTURE Highest-paid employee | 40 | $171,488 | $31,680 |
| ALI KNIGHT | CEO (AS OF 5/2024) Trustee or director, Officer | 40 | $187,666 | $8,452 |
| KATHERINE SCHWASS | VP OF SITE SUCCESS & BAY AREA ED Highest-paid employee | 40 | $186,542 | $9,317 |
| MARGARET HALL | CEO (UNTIL 3/31/24) Trustee or director, Officer | 40 | $176,554 | $16,073 |
| MADHUMITA CHAKRABARTTI | VP, FINANCE & OPERATIONS Officer | 40 | $171,486 | $15,618 |
| JOHN SIMON | CHAIRPERSON Trustee or director, Officer | 5 | $0 | $0 |
| TIM PALMER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PAUL CARTTAR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MICHELE JOLIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARC KOZIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANNE LOVETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KERRY SULLIVAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROL GOSS | BOARD MEMBER Trustee or director | 1 | $0 |
| KAT ROSQUETA | BOARD MEMBER Trustee or director | 1 | $0 |
| TOM EBLING | BOARD MEMBER Trustee or director | 1 | $0 |
| JUMA CRAWFORD | BOARD MEMBER Trustee or director | 1 | $0 |
| IRFAN ALIBHAI | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN CONNAUGHTON | BOARD MEMBER Trustee or director | 1 | $0 |
| ALICIA ROSE | BOARD MEMBER Trustee or director | 1 | $0 |
| ADAIR MOSLEY | BOARD MEMBER (AS OF 3/24) Trustee or director | 1 | $0 |
| SCOTT PERPER | BOARD MEMBER (AS OF 6/24) Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARGARET HALL | CLERK, CEO Trustee or director, Officer | 40 | $217,171 | $16,128 |
| CASEY JOHNSON | VP, NATIONAL PORTFOLIO & LEARNING Highest-paid employee | 40 | $193,155 | $7,440 |
| ROBERT MAYS | VP, PEOPLE, EQUITY & CULTURE Highest-paid employee | 40 | $165,837 | $31,454 |
| MELISSA LUNA | VP OF SITE SUCCESS & BOSTON ED Highest-paid employee | 40 | $181,083 | $16,002 |
| KATHERINE SCHWASS | VP OF SITE SUCCESS & BAY AREA ED Highest-paid employee | 40 | $176,583 | $16,002 |
| LATISHA JOHNSON | EXECUTIVE DIRECTOR, GREATER NEWARK Highest-paid employee | 40 | $146,087 | $24,575 |
| MADHUMITA CHAKRABARTTI | VP, FINANCE & OPERATIONS Officer | 40 | $150,946 | $13,791 |
| JOHN SIMON | CHAIRPERSON Trustee or director, Officer | 5 | $0 | $0 |
| TIM PALMER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PAUL CARTTAR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANNE LOVETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KERRY SULLIVAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARC KOZIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KATHERINA ROSQUETA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MICHELE JOLIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CAROL GOSS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TOM EBLING | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JUMA CRAWFORD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| IRFAN ALIBHAI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN CONNAUGHTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALICIA ROSE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 50 MILK STREET 16TH FLOOR, BOSTON, MA 02109-5002
- Principal officer (990 for 2024)
- ALI KNIGHT, 50 MILK STREET 16TH FLOOR, BOSTON, MA 02109
- Signed the 990
- ALI KNIGHT, CEO
- Phone
- (617) 912-8983
- Website
- WWW.GREENLIGHTFUND.ORG
- Return prepared by
- AAFCPAS INC
Mission
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.
Program accomplishments
- TO MEET ITS MISSION IN THE THIRTEEN 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 SIXTEEN 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, THE FOUNTAIN FUND, AND THE LITERACY LAB'S LEADING MEN FELLOWSHIP.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, HOMESTART'S RENEW COLLABORATIVE, AND FATHERS' UPLIFT INTO THE CITY. SINCE 2016 WHEN IT WAS FOUNDED IN DETROIT, GREENLIGHT DETROIT HAS IMPORTED CENTER FOR EMPLOYMENT OPPORTUNITIES, NEW TEACHER CENTER, SPRINGBOARD COLLABORATIVE, AND BOTTOM LINE 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, IRTH, FOOD CONNECT, AND INNER EXPLORER INTO THE CITY.SINCE 2021 WHEN IT WAS FOUNDED IN BALTIMORE, GREENLIGHT BALTIMORE HAS IMPORTED POINT SOURCE YOUTH AND PARENTCHILD+ INTO THE CITY.SINCE 2022 WHEN IT WAS FOUNDED IN GREATER NEWARK, GREENLIGHT GREATER NEWARK HAS IMPORTED EMS CORPS AND READING PARTNERS.IN 2023, GREENLIGHT FUND LAUNCHED ITS TWELFTH SITE, CHICAGO, AND BEGAN ITS FIRST SELECTION PROCESS IN 2023.SINCE 2024 WHEN IT WAS FOUNDED IN DENVER, GREENLIGHT DENVER HAS IMPORTED HOMESTART'S RENEW COLLABORATIVE INTO THE CITY. ACROSS GREENLIGHT FUND'S THIRTEEN LOCATIONS, IN 2024 GREENLIGHT-SUPPORTED ORGANIZATIONS REACHED 749,000 CHILDREN, YOUTH AND FAMILIES WITH THEIR INNOVATIVE PROGRAMS THAT ARE ACHIEVING MEASURABLE RESULTS IN THEIR EFFORTS TO TRANSFORM LIVES.Expenses $12,500,358 · grants $4,571,296
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0407083
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S50)
- Assets (IRS master file)
- $57,141,523
- Income (IRS master file)
- $35,731,201
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $15,285,791 | $15,240,469 | $57,141,523 | XML |
| 990 | December 2023 | $14,905,436 | $12,511,459 | $56,201,018 | XML |
| 990 | December 2022 | $21,472,030 | $9,836,176 | $52,683,189 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0407083).
Questions about GREENLIGHT FUND INC
- What is the EIN of GREENLIGHT FUND INC?
- The employer identification number (EIN) of GREENLIGHT FUND INC is 20-0407083.
- Is GREENLIGHT FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to GREENLIGHT FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREENLIGHT FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GREENLIGHT FUND INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREENLIGHT FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GREENLIGHT FUND INC?
- The 990 for the year ended December 31, 2024 names ALI KNIGHT.
- Who are the officers and directors of GREENLIGHT FUND INC?
- The 990 for the year ended December 31, 2024 lists 24 people; 8 received compensation from the organization, the highest $184,458 (RYANN DENHAM DEVENEY, VP, DEVELOPMENT AND EXPANSION).
- How much revenue does GREENLIGHT FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $15,285,791, expenses of $15,240,469 and total assets of $57,141,523 at year end.
Other nonprofits in BOSTON
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND EIN 11-0303001 · last filed 990 for 2025
- FIDELITY NON-PROFIT MANAGEMENT FOUNDATION EIN 22-3195349 · last filed 990 for 2024
- THIRD SECTOR NEW ENGLAND INC EIN 04-2261109 · last filed 990 for 2025
- THE BRIDGESPAN GROUP INC EIN 31-1625487 · last filed 990 for 2024
- NEW PROFIT INC EIN 04-3396766 · last filed 990 for 2025
- HOMESTART INC EIN 04-3311270 · last filed 990 for 2025
- FSG INC EIN 20-2776974 · last filed 990 for 2024
- THE FUND FOR PARKS AND RECREATION IN BOSTON EIN 04-2784811 · last filed 990 for 2025
All nonprofits in BOSTON · Massachusetts · Community improvement and capacity building