Greenlight Foundation
- Assets
- $656.2k
- Revenue
- $150.6k
- Investments
- $650.0k
- Employees
- 0
- Location
- Burbank, CA
- Founding
- 12/2002
- Data as of
- 12/2022
- EIN
- 33-1015211
Organization Overview
Greenlight Foundation is located in Burbank, CA. The organization was established in 2002. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenlight Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Greenlight Foundation generated $150.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $74.2k during the year ending 12/2022. While expenses have increased by 15.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Greenlight Foundation has awarded 42 individual grants totaling $232,461. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HELP FUND CHARITABLE ORGANIZATIONS THAT AID PHYSICALLY CHALLENGED CHILDREN
TO SPONSOR AN EVENT THAT IS CALLED DEAF ARTS JUBILEE THIS PROGRAM IS HELD ANNUALLY TO PROMOTE AN INTEREST IN THE ARTS AMONG DEAF HIGH SCHOOL STUDENTS
TO PROVIDE A TENNIS CAMP AND ACTIVITIES FOR CHILDREN WITH DOWN SYNDROME
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,250 |
| Interest on Savings | $303 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $150,553 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,176 |
| Total operating and administrative expenses | $22,176 |
| Contributions, gifts, grants paid | $52,000 |
| Total expenses and disbursements | $74,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,209 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $650,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $656,209 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Greenlight Foundation has awarded $52,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY PARTNERS PURPOSE: TO AID IN CHARITABLE ACTIVITIES | $2,000 |
HOPE OF THE VALLEY RESCUE MISSION PURPOSE: TO AID IN CHARITABLE ACTIVITIES | $20,000 |
KODAWEST CAMP PURPOSE: TO AID IN CHARITABLE ACTIVITIES | $10,000 |
JENSEN-SCHMIDT TENNIS ACADEMY PURPOSE: TO AID IN CHARITABLE ACTIVITIES | $10,000 |
VARIETY BOYS GIRLS CLUB PURPOSE: TO AID IN CHARITABLE ACTIVITIES | $5,000 |
JOHN TRACY CLINIC PURPOSE: TO AID IN CHARITABLE ACTIVITIES | $5,000 |