Cradles To Crayons Inc

Organization Overview

Cradles To Crayons Inc is located in Newton, MA. The organization was established in 2002. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 03/2022, Cradles To Crayons Inc employed 119 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cradles To Crayons Inc 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 03/2022, Cradles To Crayons Inc generated $35.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $31.6m during the year ending 03/2022. While expenses have increased by 13.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CRADLES TO CRAYONS PROVIDES CHILDREN FROM BIRTH THROUGH AGE 12, LIVING IN HOMELESS OR LOW-INCOME SITUATIONS, WITH THE ESSENTIAL ITEMS THEY NEED TO THRIVE AT HOME, AT SCHOOL AND AT PLAY. WE SUPPLY THESE ITEMS FREE OF CHARGE BY ENGAGING AND CONNECTING COMMUNITIES.AS A RESULT OF A COMPREHENSIVE STRATEGIC PLANNING PROCESS TO DETERMINE THE MOST EFFECTIVE AND EFFICIENT MODEL TO SERVE THE UNMET NEED ACROSS THE UNITED STATES, THE ORGANIZATION DEVELOPED AND LAUNCHED A NEW DIGITAL MODEL, GIVING FACTORY DIRECT. THE MODEL ALLOWS DONORS TO SEND ESSENTIAL ITEMS DIRECTLY FROM THEIR HOMES TO THE CHILDREN THEY SERVE VIA ITS NETWORK OF SERVICE PARTNERS. IN THIS FISCAL YEAR, THE ORGANIZATION PILOTED AND TESTED GIVING FACTORY DIRECT IN ITS CURRENT MARKETS AND NEW YORK CITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION EXECUTES ITS MISSION BY MOBILIZING WIDESPREAD COMMUNITY AND CIVIC PARTICIPATION. AT THE COMMUNITY LEVEL, THE ORGANIZATION PARTNERS WITH SCHOOLS, CORPORATIONS, FAITH-BASED ORGANIZATIONS, AND OTHER COMMUNITY GROUPS TO CONDUCT DRIVES FOR CHILDREN'S GOODS AND TO OBTAIN VOLUNTEERS IN ITS WAREHOUSE. IN ADDITION, THE ORGANIZATION PARTNERS WITH A NETWORK OF DIVERSE SOCIAL SERVICE AGENCIES THAT ORDER AND DISTRIBUTE THE ORGANIZATION'S PACKAGES TO INDIVIDUAL CHILDREN RECEIVING SERVICES FROM THOSE AGENCIES. BY INVOLVING INDIVIDUALS AND LOCAL PRIVATE, NOT-FOR-PROFIT, AND PUBLIC-SECTOR ORGANIZATIONS IN ITS MISSION, THE ORGANIZATION IS ABLE TO ADDRESS THE IMMEDIATE NEEDS OF UNDERPRIVILEGED CHILDREN, BUILD LONG-TERM COMMUNITY OWNERSHIP OF THE ORGANIZATION'S MISSION, AND RAISE AWARENESS ABOUT THE CRITICAL ISSUES OF POVERTY, HOMELESSNESS AND CLOTHING INSECURITY. FOR THE YEAR ENDED MARCH 31, 2022, THE ORGANIZATION PROCURED AND DISTRIBUTED 51,687 HYGIENE KITS, 72,208 CHILDREN'S FACE MASKS, 7,511,950 DIAPERS AND 58,865 WINTER COATS, AND CLOTHING TO PROVIDE A WEEK'S WORTH OF OUTFITS TO 71,584 KIDS, AMONG OTHER ESSENTIAL NEEDS TO CHILDREN LIVING IN LOW-INCOME OR HOMELESS SITUATIONS IN MASSACHUSETTS, PENNSYLVANIA AND ILLINOIS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Lynn Margherio
CEO
$245,976
Bernard Cherkasov
COO
$227,487
Karen Grant
VP Of Giving Factory Direct
$220,265
Karen Gallahue
CFO
$203,172
Aubrey Conquergood
Ed Of Boston
$191,889
Shoshana Buchholz-Miller
Former Ed Of Chicago
$182,332

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kv 400 Diversey Llc
Chicago Warehouse Rent
$196,931
Iapparel Brands Llc
Children's Product Purchase
$109,595
Israel M Dolgin Associates
Philadelphia Warehouse Rent
$187,500
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,089,586
All other contributions, gifts, grants, and similar amounts not included above$32,467,756
Noncash contributions included in lines 1a–1f $18,306,345
Total Revenue from Contributions, Gifts, Grants & Similar$34,557,342
Total Program Service Revenue$0
Investment income $134,316
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $233,818
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $35,925,476

Grants Awarded

Over the last fiscal year, Cradles To Crayons Inc has awarded $20,000 in support to 2 organizations.

Grant RecipientAmount

I GROW CHICAGO NFP

Org PageRecipient Profile

Chicago, IL

PURPOSE: TO RECOGNIZE AND SUPPORT THE WORK OF OTHER ORGANIZATION IN OUR COMMUNITIES THAT MEET THE IMPACT CRITERIA.

$10,000

FAMILYAID BOSTON INC

Org PageRecipient Profile

Boston, MA

PURPOSE: TO RECOGNIZE AND SUPPORT THE WORK OF OTHER ORGANIZATION IN OUR COMMUNITIES THAT MEET THE IMPACT CRITERIA.

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Cradles To Crayons Inc has recieved totaling $16,656.

Awarding OrganizationAmount
Am Paula Charitable Foundation

Miamisburg, OH

PURPOSE: PACKAGES OF ESSENTIALS ITEMS PROVIDED TO LOCAL DISADVANTAGED CHILDREN.

$12,000
Crist Family Foundation

Wilmington, DE

PURPOSE: TO SUPPORT THE PHILADELPHIA CHAPTER

$2,500
Kahn Family Charitable Foundation

Wellesley, MA

PURPOSE: PROGRAM SUPPORT

$2,000
Wolf & Company Charitable Foundation Inc

Boston, MA

PURPOSE: EXEMPT PURPOSE

$156
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,705,741
Net Contributions$28,342
Other Expense$85,508
Ending Balance$2,648,575

Create an account to unlock the data you need.

or