Community Improvement
(S50)
IRS Verified
DX Registered
990 on File
GREENLIGHT FUND INC
Financial strength (30%)
74/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The GreenLight Fund helps transform the lives of children, youth and families in high-poverty urban areas by creating local infrastructure and a consistent annual process to: - Identify critical needs - Import innovative, entrepreneurial programs that can have a significant, measurable impact, and - Galvanize local support to help programs reach and sustain impact in the new city. We envision a national network of GreenLight Fund cities, working together and learning from each other to harness the vision and ambition of social entrepreneurs and accelerate the spread of proven programs that make lasting change for children, youth and families.
Financial Overview — FY 2024
$15.3M
Total Revenue
$15.2M
Total Expenses
$56.5M
Net Assets
70
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.0%
Fundraising Efficiency
1805.0%
Operating Reserve
44.48x
Liability-to-Asset
1.1%
Revenue Diversification
93.5%
Executive Compensation
$580K
Compared with Peers
FY 2024
Compared with 285 similar organizations
(United States, Community Improvement, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.0% | 90.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.0% | 8.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.0% | 0.2% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1805.0% | 202.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
44.5 mo | 5.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.1% | 40.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
93.5% | 91.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
2.6% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
21.8% | 7.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.3% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $15.3M | $15.2M | $56.5M | 82.0% | 70 |
| 2023 | $14.9M | $12.5M | $55.6M | 81.8% | 57 |
| 2022 | $21.5M | $9.8M | $52.3M | 82.1% | 54 |
| 2021 | $25.8M | $7.7M | N/A | — | 46 |
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