Cradle Society
- Assets
- $16.6m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 70
- Location
- Evanston, IL
- Founding
- 02/1938
- Data as of
- 09/2023
- EIN
- 36-2181994
Organization Overview
Cradle Society, operating under the name The Cradle, is located in Evanston, IL. The organization was established in 1938. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. As of 09/2023, Cradle employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cradle 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 09/2023, Cradle generated $5.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $4.9m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 8 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
BUILDING FAMILIES THROUGH ADOPTION. SUPPORTING FAMILIES THROUGH LIFE'S CHALLENGES. STRENGTHENING COMMUNITIES THROUGH EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADOPTION & FAMILY SUPPORT: CRADLE STAFF PROVIDE EMOTIONAL SUPPORT AND OPTIONS COUNSELING FOR EXPECTANT PARENTS FREE OF CHARGE, AS WELL AS LIFELONG EMOTIONAL AND EDUCATIONAL SUPPORT SERVICES FOR BIRTH PARENTS, ADOPTIVE FAMILIES, AND ADOPTED INDIVIDUALS. IN FY2023, TRAINED CRADLE COUNSELORS RESPONDED TO 248 HELPLINE INQUIRIES FROM EXPECTANT PARENTS, RECEIVED 67 EXPECTANT-PARENT REFERRALS FROM PROFESSIONALS, WROTE 34 HOME STUDIES FOR PROSPECTIVE ADOPTIVE PARENTS, PROVIDED 309 ADOPTION-COMPETENT COUNSELING SESSIONS, PROVIDED 96 POST-ADOPTION CONSULTATIONS, AND WROTE 29 POST ADOPTION BACKGROUND REPORTS.
EDUCATION & ENGAGEMENT: THE CRADLE HOSTS WEBINARS, COURSES, AND WORKSHOPS TO HELP FAMILIES INCREASE THEIR UNDERSTANDING OF THE JOYS AND CHALLENGES OF ADOPTION AND PARENTING. IN FY23, THE CRADLE RECEIVED 14,430 ENROLLMENTS FOR INTERACTIVE, ADOPTION-RELATED COURSES AND WEBINARS. THE CRADLE ALSO PROVIDES OUTREACH AND ADOPTION EDUCATION TO ILLINOIS-BASED CLINIC AND HOSPITAL PROFESSIONALS WHO WORK WITH EXPECTANT PARENTS. IN FY23, WE AWARDED 28 CE/CU CREDITS FOLLOWING 2 IN-SERVICE PRESENTATIONS.
NURSERY AND SPECIAL NEEDS INFANT CARE: THE CRADLE IS THE ONLY ADOPTION AGENCY IN THE U.S. WITH AN ON-SITE NURSERY-A SAFE, NEUTRAL PLACE FOR INFANTS TO STAY WHILE THEIR PARENTS TAKE TIME TO DECIDE IF ADOPTION WILL BE THE PLAN FOR THEIR CHILD. THIS IS AVAILABLE AT NO COST, REGARDLESS OF THE PARENTS' DECISION. STAFFED WITH EXPERIENCED LICENSED NURSES AND INFANT AIDES, THE NURSERY PROVIDES QUALITY CARE TO ALL INFANTS ENTRUSTED TO THE CRADLE AND IS LICENSED TO CARE FOR UP TO 20 INFANTS AT A TIME. IN FY23, 28 INFANTS RECEIVED 974 NIGHTS OF CARE IN OUR NURSERY, AND 28 INFANTS WERE PLACED INTO THEIR PERMANENT HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Friedman CEO | Officer | 30 | $267,714 |
Nijole Yutkowitz Vp, Outreach & Education | Officer | 40 | $182,480 |
Damika Hayden CFO | Officer | 40 | $123,455 |
Jorina Fontelera Vp, Marketing | Officer | 40 | $99,108 |
Jerry Biederman Director | Trustee | 1 | $0 |
Kim Simonton Vice Chair | OfficerTrustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Compass Associates Llc Accounting Service | 9/29/23 | $146,883 |
Hps Chicago Hr Consulting | 9/29/23 | $129,600 |
Yakkety Yak Llc Marketing Service | 9/29/23 | $188,775 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,103,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $201,056 |
| Noncash contributions included in lines 1a–1f | $19,454 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,304,056 |
| Total Program Service Revenue | $1,290,179 |
| Investment income | $142 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,999,101 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $29,834 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $672,756 |
| Compensation of current officers, directors, key employees. | $137,649 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,182,724 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,775 |
| Payroll taxes | $610,228 |
| 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 | $400,464 |
| Advertising and promotion | $358,897 |
| Office expenses | $68,800 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $83,925 |
| Travel | $20,768 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,136 |
| Interest | $768 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $165,374 |
| Insurance | $86,911 |
| All other expenses | $49,388 |
| Total functional expenses | $4,909,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $323,725 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $135,838 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,883 |
| Net Land, buildings, and equipment | $2,543,827 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,532,079 |
| Total assets | $16,554,352 |
| Accounts payable and accrued expenses | $492,176 |
| 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 | $18,634 |
| Total liabilities | $510,810 |
| Net assets without donor restrictions | $7,874,355 |
| Net assets with donor restrictions | $8,169,187 |
| 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 | $16,554,352 |