nonprofit logo

Cradles To Crayons Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043584367 ✦ Newton, MA ✦ Designated as a 501(c)(3)

Overview

What is Cradles To Crayons Inc?

Cradles to Crayons Inc is a nonprofit organization based in Newton, Massachusetts. Its mission revolves around addressing the immediate needs of underprivileged children in Massachusetts, Pennsylvania, and Illinois by providing them with essential items. The organization engages and connects communities to collect, sort, and distribute new and necessary items, such as hygiene kits, diapers, winter coats, and clothing. Cradles to Crayons enables individuals, private, not-for-profit, and public-sector organizations to participate in its mission, thereby fostering community ownership and raising awareness of critical issues like poverty, homelessness, and clothing insecurity. The organization procured and distributed a substantial number of items during the year ended March 31, 2023, including 76,086 hygiene kits, 8,589,750 diapers, 78,816 winter coats, and clothing to provide a week's worth of outfits for 85,267 kids. To expand its reach and increase efficiency, Cradles to Crayons recently launched a new digital model, Giving Factory Direct, which allows donors to send items directly from their homes to the children they serve through its network of service partners.


Official website here: www.cradlestocrayons.org

Is Cradles To Crayons Inc legitimate?

Cradles To Crayons Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cradles To Crayons Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $775,156
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,545,712

For more financial information, click here


Official website here: www.cradlestocrayons.org

What is the mission statement of Cradles To Crayons Inc?

Cradles to Crayons is a non-profit organization that provides essential items to children from birth to age 12, living in homeless or low-income situations. They supply these items free of charge by engaging and connecting communities. The organization has developed a new digital model, Giving Factory Direct, which allows donors to send essential items directly from their homes to the children they serve. Cradles to Crayons executes its mission by mobilizing widespread community and civic participation. They partner with schools, corporations, faith-based organizations, and community groups to conduct drives for children's goods and obtain volunteers. They also work with a network of diverse social service agencies to order and distribute their packages to individual children. By involving individuals and organizations in its mission, Cradles to Crayons addresses the immediate needs of underprivileged children, builds long-term community ownership of the organization's mission, and raises awareness about critical issues like poverty, homelessness, and clothing insecurity.


Official website here: www.cradlestocrayons.org

Who is the CEO of Cradles To Crayons Inc?

Lynn Margherio is the Ceo of Cradles To Crayons Inc. The CEO's salary of Cradles To Crayons Inc is $266,963 and their total compensation is $276,318.


Official website here: www.cradlestocrayons.org

What is the revenue of Cradles To Crayons Inc?

Cradles To Crayons Inc's revenue in 2023 was $40,059,134.


Official website here: www.cradlestocrayons.org

Who are the executives of Cradles To Crayons Inc and what are their salaries?

The average compensation at Cradles To Crayons Inc during 2023 was $58,567. There are 125 employees and 10,635 volunteers at Cradles To Crayons Inc.

Here are 20 key members and their salaries (Cradles To Crayons Inc's CEO's salary is $266,963 and their total compensation is $276,318):

    Lynn Margherio (Ceo) [Trustee/Director]
  • Compensation: $266,963
  • Related: $0
  • Other: $9,355

    • Bernard Cherkasov (Coo)
  • Compensation: $237,403
  • Related: $0
  • Other: $12,957

    • Karen Gallahue (Cfo)
  • Compensation: $212,240
  • Related: $0
  • Other: $27,024

    • Karen Grant (Vp Of Giving Factory Direct)
  • Compensation: $203,794
  • Related: $0
  • Other: $26,754

    • Aubrey Henderson (Ed Of Boston)
  • Compensation: $199,642
  • Related: $0
  • Other: $17,959

    • Ann Perry (Vp Of Human Resources)
  • Compensation: $179,218
  • Related: $0
  • Other: $25,836

    • Michal Smith (Ed Of Philadelphia)
  • Compensation: $176,436
  • Related: $0
  • Other: $13,690

    • Arnab Chaudhuri (Digital Product Director)
  • Compensation: $147,596
  • Related: $0
  • Other: $24,883

    • Dean Athanasia (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Bhatt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darren Burton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Cook (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Daum (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerard Du Toit (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Ewald (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Greenberg (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tiffany Gueye (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peggy Koenig (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heidi Ryder (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • June Yang (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cradlestocrayons.org

    Where can I find the form 990 for Cradles To Crayons Inc?

    The Cradles To Crayons Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.cradlestocrayons.org

    Learn more at the official website: www.cradlestocrayons.org

    Mission Statement of Cradles To Crayons Inc

    Cradles to Crayons Inc, a dynamic organization, is dedicated to enhancing the lives of children from birth to age 12 residing in homeless or low-income situations. By providing them with essential items, this nonprofit empowers children to thrive at home, at school, and at play. The group's mission is brought to life by engaging and connecting communities.

    In an effort to maximize efficiency and reach more children across the United States, Cradles to Crayons Inc implemented a new digital model called Giving Factory Direct. This innovative approach allows donors to send essential items directly from their homes to the children they serve, thereby streamlining the process and expanding the organization's reach. In the current fiscal year, the organization leveraged this model to assist children in the Bay Area and New York City.

    Cradles to Crayons Inc fosters community involvement by partnering with various organizations to conduct drives for children's goods and secure volunteers. Additionally, the nonprofit collaborates with a network of diverse social service agencies to order and distribute its packages to individual children receiving services from those agencies. This multi-faceted approach enables Cradles to Crayons Inc to address the immediate needs of underprivileged children, foster long-term community ownership of its mission, and raise awareness about the critical issues of poverty, homelessness, and clothing insecurity.

    During the year ended March 31, 2023, the organization procured and distributed 76,086 hygiene kits, 8,589,750 diapers, and 78,816 winter coats, among other essential needs, to children living in low-income or homeless situations in Massachusetts, Pennsylvania, and Illinois. With a commitment to making a difference, Cradles to Crayons Inc continues to mobilize community and civic participation, ensuring that every child has access to the basic necessities they require for optimal development.

    Impact

    This information is meant to be a general summary of Cradles To Crayons Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Cradles To Crayons Inc is making a significant impact by providing essential items to children from birth through age 12 who are living in homeless or low-income situations. Through their strategic planning and innovative digital model, they have been able to efficiently distribute items directly to those in need across the United States, including in the Bay Area and New York City. In the past year, the organization procured and distributed a large number of hygiene kits, diapers, winter coats, and clothing, providing essential support to thousands of children.

    Cradles To Crayons executes its mission by mobilizing widespread community and civic participation. By partnering with schools, corporations, faith-based organizations, and other community groups, they conduct drives for children's goods, obtain volunteers, and work with a network of social service agencies to ensure items reach individual children. This collaborative approach not only addresses the immediate needs of underprivileged children but also builds long-term community ownership of their mission and raises awareness about critical issues like poverty, homelessness, and clothing insecurity.

    Through their dedication and efforts, Cradles To Crayons is making a tangible difference in the lives of children in Massachusetts, Pennsylvania, and Illinois, providing them with the essential items they need to thrive at home, at school, and at play.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $-70,771
  • Program Service Revenue: $0
  • Gross Receipts: $47,581,489

    • Assets and Liabilities:
  • Total Assets: $36,344,012
  • Total Liabilities: $9,126,287
  • Net Assets: $27,217,725
  • Organization Details

    Founding Year

    2002

    Principal Officer

    Lynn Margherio

    Main Address

    281 NEWTONVILLE AVE, NEWTON, MA, 02460

    NTEE Category

    Code: P60 - Human services

    If you are a representative of Cradles To Crayons Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.