Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 1,957,349 | 1,766,810 | 2,546,386 | 3,783,647 | 2,784,048 | 12,838,240 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 1,957,349 | 1,766,810 | 2,546,386 | 3,783,647 | 2,784,048 | 12,838,240 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 2,129,695 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 10,708,545 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 1,957,349 | 1,766,810 | 2,546,386 | 3,783,647 | 2,784,048 | 12,838,240 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 9,105 | 7,348 | 5,505 | 542 | 7,298 | 29,798 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | 12,868,038 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2022 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2022 |
(iii) Distributable Amount for 2022 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2022 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2022: | ||||
| a From 2017....... | ||||
| b From 2018....... | ||||
| c From 2019....... | ||||
| d From 2020....... | ||||
| e From 2021....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2022 distributable amount | ||||
|
i
Carryover from 2017 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2022 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2022 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2022, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2022. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2023. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2018..... | ||||
| b Excess from 2019..... | ||||
| c Excess from 2020..... | ||||
| d Excess from 2021..... | ||||
| e Excess from 2022..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | GREENHOUSE SCHOLARS IS A DIVERSE COMMUNITY OF LEADERS WORKING TOGETHER TO ENSURE PEOPLE OF ALL BACKGROUNDS CAN LIVE A LIFE OF THEIR CHOOSING. FOUNDED IN COLORADO IN 2005 AS A NOT-FOR-PROFIT CORPORATION, THE ORGANIZATION LEVELS THE PLAYING FIELD ACROSS COMMUNITIES THROUGHOUT THE TRANSFORMATIVE POWER OF HIGHER EDUCATION, BY WORKING WITH THE MOST INSPIRING ROLE MODELS FROM UNDER-RESOURCED COMMUNITIES, AND BY LAUNCHING HUNDREDS OF NEW COMPANIES AND PROJECTS. FOR 18 YEARS, THE ORGANIZATION HAS PROVIDED EXTRAORDINARY LEADERS FROM UNDER-RESOURCED AND UNDERREPRESENTED BACKGROUNDS WHO ARE REFERRED TO AS SCHOLARS, AND UPON GRADUATION FROM THE PROGRAM, AS ALUMNI PERSONAL, PROFESSIONAL, AND FINANCIAL RESOURCES DESIGNED TO HELP THEM LIVE A LIFE OF THEIR CHOOSING AND REALIZE COMMUNITY IMPACT. THE ORGANIZATION CURRENTLY SERVES SCHOLARS FROM COLORADO, ILLINOIS, GEORGIA, NORTH CAROLINA, AND NEW YORK. IN 2022, THE ORGANIZATION SERVED 146 SCHOLARS, 196 ALUMNI, AND NEARLY 2,000 EXECUTIVE PROFESSIONALS THROUGH ITS PROGRAMMING. THE ORGANIZATIONS PRIMARY SOURCE OF INCOME IS FROM PRIVATE GRANTS AND INDIVIDUAL AND CORPORATE DONATIONS. |
| FORM 990, PAGE 2, PART III, LINE 4D | THE ORGANIZATION'S WHOLE PERSON COLLEGE PROGRAM SERVES SCHOLARS FOR FIVE YEARS DURING AND IMMEDIATELY AFTER COLLEGE. THIS IMMERSIVE PROGRAM PROVIDES THEM WITH SUCCESS RESOURCES THAT ENABLE THEM TO LIVE LIVES OF THEIR CHOOSING AND ENACT LONG-TERM, POSITIVE CHANGE IN UNDER-RESOURCED COMMUNITIES. SCHOLARS PARTICIPATE IN AND BENEFIT FROM THE FOLLOWING COMPONENTS: MENTORSHIP. ESTABLISHED PROFESSIONALS AND INDUSTRY LEADERS ARE PAIRED WITH SCHOLARS, CONNECTING WITH THEM FOR AT LEAST TWO HOURS EVERY MONTH TO LEND INSIGHT ON PERSONAL AND PROFESSIONAL DEVELOPMENT AND CONNECT THE SCHOLARS WITH BROADER PROFESSIONAL OPPORTUNITIES. PROFESSIONAL NETWORKING. PROFESSIONALS FROM THE ORGANIZATION'S COMMUNITY ENGAGE IN ONE-TIME CONVERSATIONS WITH SCHOLARS REGARDING PROFESSIONAL OPPORTUNITIES AND ADVICE. INTERNSHIPS. THE ORGANIZATION HELPS SCHOLARS SECURE AND MAXIMIZE HIGH-VALUE INTERNSHIP OPPORTUNITIES THROUGH CONNECTIONS AND COACHING. SKILLS MODULES. SCHOLARS ARE GRANTED ACCESS TO AN ONLINE CURRICULUM TEACHING CRITICAL LIFE AND FINANCIAL SKILLS NOT COVERED IN COURSES. NEW MODULES ARE CREATED AND UPLOADED BY THE ORGANIZATION. HIGH SCHOOL OUTREACH. THE ORGANIZATION CULTIVATES RELATIONSHIPS WITH COUNSELORS AND ADMINISTRATORS IN LOW-INCOME HIGH SCHOOLS AND WITH NONPROFIT ORGANIZATIONS SERVING UNDER-RESOURCED STUDENTS. THROUGH IN-PERSON VISITS, MAILINGS, AND POSTINGS ON ONLINE DATABASES, THE ORGANIZATION INFORMS STUDENTS ABOUT GREENHOUSE SCHOLARS AND ABOUT COLLEGE AND SCHOLARSHIPS MORE BROADLY. STUDENTS INTERESTED IN BECOMING SCHOLARS SUBMIT APPLICATIONS, VIDEOS, AND FINANCIAL INFORMATION, AND COMPLETE PANEL INTERVIEWS AS PART OF THE NEW SCHOLAR SELECTION PROCESS. THE ORGANIZATION'S POST-COLLEGE YOUNG LEADERS PROGRAM PROVIDES COMPREHENSIVE SUPPORT TO GREENHOUSE ALUMNI IN THE EARLY STAGES OF THEIR CAREER AND POST-COLLEGE LIFE - REFERRED TO AS YOUNG LEADERS - THROUGH THE FOLLOWING PROGRAM COMPONENTS: LEARNING. PROVIDES PERSONAL AND PROFESSIONAL SUPPORT RESOURCES TO YOUNG LEADERS. SUCH RESOURCES INCLUDE ADVISORS-IN-RESIDENCE (GROUPS OF EXPERTS WHO SHARE THEIR KNOWLEDGE AND CONNECT WITH YOUNG LEADERS THROUGH INTERACTIVE SESSION FOUR TIMES A YEAR); COACHES (ESTABLISHED PROFESSIONALS THAT PROVIDE INDIVIDUALIZED, 1:1 SUPPORT TO YOUNG LEADERS); AND A VIDEO LIBRARY (CURATED CONTENT WITH INFORMATION AND TOOLS RELEVANT TO YOUNG LEADERS' PERSONAL AND PROFESSIONAL DEVELOPMENT). RELATIONSHIPS. FOSTERS RELATIONSHIPS OF IMPACT FOR OUR YOUNG LEADERS, THROUGH RESOURCES SUCH AS PEOPLEGROVE (AN ONLINE PLATFORM FOR OUR CONSTITUENTS TO INTERACT, CONNECT WITH ONE ANOTHER, AND POST AND FIND PROFESSIONAL OPPORTUNITIES); A JOBS PORTAL AND CAREER FAIR (CONNECT JOB- SEEKERS WITH PARTNER CORPORATIONS AND HIRING PROFESSIONALS); IGNITE WEEKEND (AN ANNUAL GATHERING WITH SPEAKERS, WORKSHOPS, AND DIRECTED RELATIONSHIP BUILDING); AND ALUMNI MEETUPS (INTIMATE GATHERINGS THAT FOSTER RELATIONSHIP-BUILDING AMONGST YOUNG LEADERS). ENTREPRENEURSHIP. CREATES AN ENTREPRENEURIAL MINDSET AMONGST YOUNG LEADERS AND HELPS IDENTITY AND LAUNCH HIGH-POTENTIAL IDEAS THROUGH RESOURCES SUCH AS IDEA CREATION & ENHANCEMENT SESSIONS (WORKSHOPS, PANELS, AND PITCH PREP TO CREATE, HONE, AND SHARPEN ENTREPRENEURIAL IDEAS); A RESOURCE LIBRARY (FEATURES BEST-IN-CLASS BUSINESS PLANS, FINANCIAL MODELS, AND INVESTOR PITCH DECKS, AS WELL AS INSURANCE, LEGAL, BANKING, AND HUMAN RESOURCES INFORMATION); AND FUNDING (DIRECT FINANCIAL SUPPORT FOR EARLY-STAGE ENTREPRENEURIAL IDEAS AND CONNECTIONS TO FUNDING FOR IDEAS AT DIFFERENT LIFE-STAGES). |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA AND IS REVIEWED BY THE CHIEF ACCOUNTING OFFICER AND CHIEF RELATIONSHIP AND COMMUNITY OFFICER. THE PRESIDENT AND CEO PERFORMS A FINAL REVIEW AND SIGNS THE FORM 990 BEFORE ELECTRONIC SUBMISSION TO THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, ANY DIRECTOR, PRINCIPAL OFFICER OR MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS IS REQUIRED TO DISCLOSE THE EXISTENCE OF HIS/HER FINANCIAL INTERST AND ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS. THE BOARD MEMBERS DECIDE WHETHER A CONFLICT EXITS. IF IT IS DETERMINED THAT A DIRECTOR OR PRINCIPAL OFFICER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, THE BOARD WILL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION FOR THE PRESIDENT & CEO IS REVIEWED AND ADJUSTED ANNUALLY BY THE BOARD OF DIRECTORS BASED ON A COMBINATION OF MERIT, ANNUAL BUDGET CONSTRAINTS, AND DATA COMPILED FROM NON-PROFITS WITH SIMILAR MISSION, SIZE, AND COMPLEXITY. |
| FORM 990, PAGE 6, PART VI, LINE 15B | COMPENSATION FOR OTHER OFFICERS IS REVIEWED AND ADJUSTED ANNUALLY BY THE BOARD OF DIRECTORS BASED ON A COMBINATION OF MERIT, ANNUAL BUDGET CONSTRAINTS, AND DATA COMPILED FROM NON-PROFITS WITH SIMILAR MISSION, SIZE, AND COMPLEXITY. |
| FORM 990, PAGE 6, PART VI, LINE 19 | FURNISHED UPON RECEIPT OF A VALID WRITTEN REQUEST. |
| Software ID: | |
| Software Version: |