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Cradles To Crayons Inc

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

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

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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

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 99%, Four-Star out of Four Stars

Cradles to Crayons Inc. has achieved a remarkable 99% rating, which reflects its strong commitment to accountability and impact in serving children in need. The organization scores exceptionally well in accountability and finance, with a perfect score in impact measurement, indicating that it effectively evaluates and demonstrates its results. The majority of its board members are independent, ensuring robust governance, and the organization maintains high standards in financial practices, such as having no material diversion of assets.

User feedback reinforces the charity's reputation as a well-organized and impactful organization. Volunteers frequently praise their experiences, highlighting the fulfilling nature of the work and the professionalism of the staff. Many reviews mention the emotional rewards of contributing to the well-being of children, such as providing clothing, toys, and school supplies. The collaborative environment also fosters community engagement, with various groups, including corporate sponsors and local organizations, participating in volunteer days.

While the overall sentiment is overwhelmingly positive, some feedback indicates that fundraising efficiency could improve. However, the organization's high program expense ratio indicates that the majority of funds are directed towards its mission. Overall, Cradles to Crayons Inc. stands out as a vital resource for underserved children, making a significant difference in local communities.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

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.


Heare 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 10635 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)
  • Compensation: $266,963
  • Related: $0
  • Other: $9,355
Dean Athanasia (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Bhatt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Burton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Cook (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Daum (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerard Du Toit (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Ewald (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Greenberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffany Gueye (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Koenig (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Ryder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
June Yang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
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
Ann Perry (Vp Of Human Resources)
  • Compensation: $179,218
  • Related: $0
  • Other: $25,836
Aubrey Henderson (Ed Of Boston)
  • Compensation: $199,642
  • Related: $0
  • Other: $17,959
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


Official website here: www.cradlestocrayons.org

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

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.

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Impact




October, 2024

Cradles To Crayons Inc makes a significant impact by addressing the essential needs of children from birth to age 12 who are living in low-income or homeless situations. By providing vital items necessary for thriving at home, school, and play, the organization plays a crucial role in improving the quality of life for these children.

Through community engagement and collaboration with schools, corporations, faith-based organizations, and various community groups, Cradles To Crayons mobilizes collective action to collect goods and volunteer support. This grassroots involvement fosters a sense of community ownership and raises awareness about pressing issues like poverty, homelessness, and clothing insecurity.

The innovative Giving Factory Direct model has further enhanced the organization’s reach, allowing donors to send essential items directly to children in need via a network of service partners. In a recent fiscal year, Cradles To Crayons distributed an impressive number of essential items, including 76,086 hygiene kits, 8,589,750 diapers, and 78,816 winter coats, positively impacting the lives of over 85,000 children.

By addressing immediate needs while simultaneously building long-term community connections, Cradles To Crayons plays a pivotal role in supporting underserved children and fostering a more equitable society.




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.


Financials

This financial information is from Propublica.

Revenue
$40,059,134 (2023)
Expenses
$38,652,085 (2023)
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
  • Gross Receipts: $47,581,489

Assets and Liabilities:

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

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Organization Details

Founding Year

2002

Principal Officer

Lynn Margherio

Main Address

281 NEWTONVILLE AVE, NEWTON, MA, 02460

NTEE Category

Code: P29 - Human services

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