2021-09-29T11:00:14-05:00 2021-03-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2020-04-01 043584367 CRADLES TO CRAYONS INC CRAD 6177794700 281 NEWTONVILLE AVE NEWTON MA 02460 LYNN MARGHERIO PRESIDENT / CEO 6177794700 2021-09-27 1 LYNN MARGHERIO XXX-XX-XXXX THOMAS WASHBURN CPA P00537319 5083669100 2021-09-27 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LYNN MARGHERIO 281 NEWTONVILLE AVE NEWTON MA 02460 22723830 0 X WWW.CRADLESTOCRAYONS.ORG X 2002 MA 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. 12 11 100 9226 0 0 26653668 19953849 0 0 148966 355829 164962 0 26967596 20309678 0 20000 0 0 6517177 6815433 0 0 2126098 16005282 12809838 22522459 19645271 4445137 664407 25900834 27150669 5529248 5575003 20371586 21575666 X 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. 0 0 16185773 20000 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, 2021, THE ORGANIZATION PROCURED AND DISTRIBUTED 52,399 HYGIENE KITS, 83,562 CHILDREN'S FACE MASKS, 8,405,900 DIAPERS AND 54,928 WINTER COATS, AND CLOTHING TO PROVIDE A WEEK'S WORTH OF OUTFITS TO 40,814 KIDS, AMONG OTHER ESSENTIAL NEEDS TO CHILDREN LIVING IN LOW-INCOME OR HOMELESS SITUATIONS IN MASSACHUSETTS, PENNSYLVANIA AND ILLINOIS. 16185773 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 22 0 1 100 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 NJ PA IL MA NY X X CRADLES TO CRAYONS INC 6177794720 281 NEWTONVILLE AVE NEWTON MA 02460 LYNN MARGHERIO PRESIDENT/CEO/BOARD MEMBER 40.00 X X 202873 0 13661 DEAN ATHANASIA BOARD CHAIR 1.00 X X 0 0 0 TIFFANY GUEYE BOARD MEMBER 1.00 X 0 0 0 DARREN BURTON BOARD MEMBER 1.00 X 0 0 0 JAY BHATT BOARD MEMBER 1.00 X 0 0 0 TODD COOK BOARD MEMBER 1.00 X 0 0 0 GERARD DU TOIT BOARD MEMBER 1.00 X 0 0 0 MICHAEL EWALD BOARD MEMBER 1.00 X 0 0 0 JACK M GREENBERG BOARD MEMBER 1.00 X 0 0 0 PEGGY KOENIG BOARD MEMBER 1.00 X 0 0 0 BILL MATSON BOARD MEMBER 1.00 X 0 0 0 HEIDI RYDER BOARD MEMBER 1.00 X 0 0 0 BERNARD CHERKASOV CHIEF OPERATING OFFICER 40.00 X 213163 0 12221 KAREN GALLAHUE CFO 40.00 X 178438 0 22154 SHOSHANA BUCHHOLZ-MILLER ED OF CHICAGO 40.00 X 176336 0 22866 KAREN GRANT VP OF EXTERNAL AFFAIRS 40.00 X 172581 0 21978 AUBREY CONQUERGOOD ED OF BOSTON 40.00 X 161798 0 8058 MICHAL SMITH EXECUTIVE DIRECTOR, PHILAD 40.00 X 154040 0 12352 ELLEN MANNING VP OF HUMAN RESOURCES 40.00 X 144750 0 14932 1403979 0 128222 13 0 1 0 KV 400 DIVERSEY LLC 555 MADISON AVE 6TH FLOOR NEW YORK NY 10022 CHICAGO WAREHOUSE RENT 193182 ISRAEL M DOLGEN BNB BANK LOCKBOX PO BOX 1125 CENTER MORICHES NY 11934 PHILADELPHIA WAREHOUSE RENT 184217 3 1082697 18871152 6321145 19953849 102360 102360 2667621 2414152 253469 253469 253469 20309678 0 0 355829 20000 20000 684648 348281 183062 153305 4812152 3298235 391526 1122391 104588 72227 7741 24620 797329 537713 72179 187437 416716 277201 42625 96890 10831 9766 905 160 37800 34082 3160 558 42108 42108 173151 97340 64440 11371 137280 109824 27456 108322 72525 5410 30387 364492 224040 62144 78308 625549 542575 24756 58218 12808 8520 1310 2978 604718 402261 61855 140602 96874 64441 9909 22524 DONATED GOODS 6321145 6321145 CHILDRENS PRODUCT 3287269 3287269 BAD DEBT 315825 315825 SHIPPING SUPPLIES 142481 142481 529185 315847 44445 168893 19645271 16185773 1333400 2126098 X 4248116 7034725 3849966 1134321 155449 111372 14521118 2584188 11991547 11936930 5568452 6421817 87304 511504 25900834 27150669 740763 904979 4328101 4252475 460384 417549 5529248 5575003 X 17806579 20235589 2565007 1340077 20371586 21575666 25900834 27150669 664407 539673 0 X X 0 1 X 1 0 X 16042383 17267973 26011704 26653668 19953849 105929577 16042383 17267973 26011704 26653668 19953849 105929577 399197 105530380 143004 149917 142091 148966 102360 686338 106615915 0.98980 0.98790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2744840 2744840 7680584 210023 7470561 2236985 840396 1396589 300788 191069 109719 1557921 1342700 215221 11936930 DEFERRED RENT 417549 417549 X 21384883 539673 577640 1117313 20267570 42108 42108 20309678 20180803 577640 577640 19603163 42108 42108 19645271 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE COMBINED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT MARCH 31, 2021. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. 1 I GROW CHICAGO NFP 415 E NORTH WATER STREET SUITE 2503 2503 CHICAGO IL 60611 461200279 501C3 10000 TO RECOGNIZE AND SUPPORT THE WORK OF OTHER ORGANIZATION IN OUR COMMUNITIES THAT MEET THE IMPACT CRITERIA. FAMILYAID BOSTON INC 3815 WASHINGTON STREET BOSTON MA 02130 042105756 501C3 10000 TO RECOGNIZE AND SUPPORT THE WORK OF OTHER ORGANIZATION IN OUR COMMUNITIES THAT MEET THE IMPACT CRITERIA. 2 X 0 0 0 0 0 0 0 0 0 BERNARD CHERKASOV CHIEF OPERATING OFFICER 190163 0 23000 0 0 0 4184 0 8037 0 225384 0 0 0 LYNN MARGHERIO PRESIDENT/CEO/BOARD MEMBER 202873 0 0 0 0 0 5896 0 7765 0 216534 0 0 0 KAREN GALLAHUE CFO 157438 0 21000 0 0 0 5383 0 16771 0 200592 0 0 0 SHOSHANA BUCHHOLZ-MILLER ED OF CHICAGO 161967 0 14369 0 0 0 5319 0 17547 0 199202 0 0 0 KAREN GRANT VP OF EXTERNAL AFFAIRS 161440 0 11141 0 0 0 5207 0 16771 0 194559 0 0 0 AUBREY CONQUERGOOD ED OF BOSTON 158987 0 2811 0 0 0 0 0 8058 0 169856 0 0 0 MICHAL SMITH EXECUTIVE DIRECTOR, PHILAD 144093 0 9947 0 0 0 4315 0 8037 0 166392 0 0 0 ELLEN MANNING VP OF HUMAN RESOURCES 134250 0 10500 0 0 0 4371 0 10561 0 159682 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MDFA) 043431814 2019-01-31 4400000 CONSTRUCTION OF NEWTONVILLE PROPERTY 0 0 0 A 67748 4400000 85913 4314087 2020 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 X 6321145 FAIR VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CEO, COO, AND CFO REVIEW AND APPROVE ALL THE LINE ITEMS ON THE FORM 990. ONCE APPROVED, AN ELECTRONIC VERSION OF THE FORM 990 IS EMAILED TO EACH BOARD MEMBER FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL NATIONAL BOARD MEMBERS, KEY EMPLOYEES, OFFICERS AND ALL OTHERS INVOLVED WITHIN THE ORGANIZATION ARE AWARE OF THE CONFLICT OF INTEREST POLICY OF THE ORGANIZATION, WHICH IS REVIEWED BY THE GOVERNANCE COMMITTEE. ANY EMPLOYEE, NATIONAL BOARD MEMBER OR OTHERS WITHIN THE ORGANIZATION THAT BELIEVES A CONFLICT OF INTEREST EXISTS IS REQUIRED TO DISCUSS IT WITH THE CEO, WHO IN TURN WILL DISCUSS WITH THE NATIONAL BOARD. IN ADDITION, ALL NATIONAL BOARD MEMBERS ARE REQUIRED TO ANNUALLY SIGN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF KEY EMPLOYEES INCLUDING OFFICERS, MEMBER OF THE EXECUTIVE TEAM AND EXECUTIVE DIRECTORS IS DETERMINED BY THE HUMAN RESOURCE COMMITTEE OF THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST, THE ORGANIZATION WILL MAKE AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS AND ITS CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS LOCATED ON BOTH THE GUIDESTAR AND CHARITY NAVIGATOR WEBSITES AS WELL AS ON THE CRADLES TO CRAYONS WEBSITE. UPON REQUEST, THE ORGANIZATION WILL SEND ELECTRONICALLY OR MAIL A COPY OF THE FORM 1023, AUDITED FINANCIAL STATEMENTS OR 990 TO THE REQUESTING PARTY. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.