Cradle Of Hope
- Assets
- $375.7k
- Revenue
- $615.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Roseville, MN
- Founding
- 06/1974
- Data as of
- 12/2023
- EIN
- 23-7349015
Organization Overview
Cradle Of Hope is located in Roseville, MN. The organization was established in 1974. According to its NTEE Classification (P42) the organization is classified as: Single Parent Agencies, under the broad grouping of Human Services and related organizations. As of 12/2023, Cradle Of Hope employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cradle Of Hope 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 12/2023, Cradle Of Hope generated $615.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $562.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CRADLE OF HOPE ENCOURAGES LIFE BY PROVIDING FINANCIAL AND MATERIAL ASSISTANCE TO WOMEN AND BABIES IN CRISIS, ESPECIALLY THOSE WOMEN WHO MIGHT NOT CHOOSE LIFE BECAUSE OF FINANCIAL PRESSURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENT/MORTGAGE ASSISTANCE FOR PREGNANT WOMEN AND MOTHERS WITH INFANTS UP TO FOUR MONTHS IN 2023, 242 WOMEN WERE ASSISTED WHEN PREGNANCY-RELATED FINANCIAL CHALLENGES THREATENED THEIR STABILITY. FAMILY HOMELESSNESS AND EVICTION WERE PREVENTED. THIS CRITICAL PROGRAM HAS IMMEASURABLE HEALTH BENEFITS FOR BOTH MOTHER AND CHILD BY PROVIDING SHELTER AND PROMOTING FULL-TERM PREGNANCIES.
CRADLE OF HOPES SAFE SLUMBER PROVIDES SAFE SLEEP EDUCATION AND DISTRIBUTES PORTABLE CRIBS TO ENSURE THAT EVERY BABY HAS A SAFE PLACE TO SLEEP. IN 2023, 2,408 INDIVIDUALS RECEIVED PORTABLE CRIBS AND/OR SAFE SLEEP TRAINING. AS A RESULT OF THIS PROGRAM, INFANT MORTALITY RATES DECREASE. MOTHERS LEARN TECHNIQUES TO PREVENT ACCIDENTAL SUFFOCATION AND STRANGULATION IN BED AND HOW TO LOWER THE RISK OF SIDS SUDDEN INFANT DEATH SYNDROME. THEY ARE EQUIPPED TO PROVIDE A SAFE SLEEP ENVIRONMENT FOR THEIR BABIES, STRESS IS ALLEVIATED, AND THEY BECOME MORE HOPEFUL ABOUT THEIR FUTURES.
THE TWO PROGRAMS LISTED ABOVE ARE OUR MOST SIGNFICANT PROGRAMS. THE REMAINDER OF OUR PROGRAM FUNDING SUPPORTED 287 FAMILIES IN CRISIS WITH THE FOLLOWING NEEDS UTILITIES, MEDICAL COSTS, CHILD CARE, TRANSPORTATION, BABY SHOWER BASKETS, COH SLEEP SACKS, AND COH CRIB SHEETS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Kaplan President | OfficerTrustee | 2 | $0 |
Joseph Kueppers Vice President | OfficerTrustee | 2 | $0 |
Brian Dobie Treasurer | OfficerTrustee | 2 | $0 |
Laurie Murphy Secretary | OfficerTrustee | 2 | $0 |
Emily Albrecht Director | Trustee | 2 | $0 |
Ann Dickinson Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $24,956 |
| Related organizations | $0 |
| Government grants | $259,982 |
| All other contributions, gifts, grants, and similar amounts not included above | $336,344 |
| Noncash contributions included in lines 1a–1f | $19,784 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $621,282 |
| Total Program Service Revenue | $0 |
| Investment income | $9,849 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$15,570 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $615,561 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $293,874 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $166,828 |
| Pension plan accruals and contributions | $5,001 |
| Other employee benefits | $0 |
| Payroll taxes | $13,083 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,175 |
| Advertising and promotion | $0 |
| Office expenses | $12,776 |
| Information technology | $5,623 |
| Royalties | $0 |
| Occupancy | $45,830 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,347 |
| All other expenses | $5,210 |
| Total functional expenses | $562,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,606 |
| Savings and temporary cash investments | $203,583 |
| Pledges and grants receivable | $18,995 |
| Accounts receivable, net | $11,962 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,769 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,774 |
| Total assets | $375,689 |
| Accounts payable and accrued expenses | $6,525 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,525 |
| Net assets without donor restrictions | $369,164 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $375,689 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cradle Of Hope Roseville, MN | $375,689 | $615,561 |
Womensource Anoka, MN | $46,799 | $212,080 |
Global Fatherhood Foundation-Gff Brooklyn Park, MN | $18,213 | $142,222 |
Together For A Greater Purpose Maple Grove, MN | $46,800 | $103,367 |
Pregnancy And Life Resource Center Long Prairie, MN | $58,142 | $0 |
Destiny Point Inc Milladore, WI | $106,507 | $0 |
Treasured By God Ministries Gilman, IA | $125 | $13,553 |
I Am My Sisters Keeper Milwaukee, WI | $0 | $0 |