2020-10-29T06:48:34-05:00 2020-03-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2019-04-01 043584367 CRADLES TO CRAYONS INC CRAD 6177794700 281 NEWTONVILLE AVE NEWTON MA 02460 LYNN MARGHERIO PRESIDENT / CEO 6177794700 2020-10-26 1 THOMAS WASHBURN CPA P00537319 5083669100 2020-10-18 40.70.31.102 2020-10-26 15:08:06 ED P 247284B58625830FD7AA80C2F29CE40271A21289 4C0A05618CC0B48C30981F39FA21B32BDE8F8635 2019 2021-01-29 14:40:06Z X LYNN MARGHERIO 281 NEWTONVILLE AVE NEWTON MA 02460 26967596 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. 11 10 116 83045 0 0 26011704 26653668 0 0 243187 148966 77078 164962 26331969 26967596 0 0 0 0 5507424 6517177 0 0 1926080 13518366 16005282 19025790 22522459 7306179 4445137 22218962 25900834 6077159 5529248 16141803 20371586 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 19274969 DURING THE PERIOD APRIL 1, 2019 THROUGH MARCH 31, 2020, CRADLES TO CRAYONS PROVIDED APPROXIMATELY 280,000 PACKAGES OF HIGH QUALITY EVERYDAY ESSENTIAL ITEMS TO CHILDREN LIVING IN LOW-INCOME OR HOMELESS SITUATIONS IN MASSACHUSETTS, PENNSYLVANIA, AND ILLINOIS. THIS INCLUDES MORE THAN 100,000 CUSTOMIZED "C2C KIDPACKS" WHICH ARE FILLED WITH CLOTHING, SHOES, BOOKS, TOYS AND MORE. IN ORDER TO COLLECT THESE ITEMS, C2C ENGAGED COMMUNITIES IN MASSACHUSETTS, PENNSYLVANIA, AND ILLINOIS TO HOST CHILDREN'S PRODUCT DRIVES ON C2C'S BEHALF. DONATED ITEMS WERE SORTED, INSPECTED AND PACKAGED BY MORE THAN 75,000 VOLUNTEERS OF ALL AGES AND WALKS OF LIFE. PACKAGES WERE THEN PICKED UP AND DELIVERED, AT NO COST, TO THE FAMILIES C2C SERVES THROUGH COLLABORATING WITH A NETWORK OF SOCIAL SERVICE PARTNERS.DURING THE FISCAL YEARS OF 2019 AND 2020, CRADLES TO CRAYONS ENGAGED IN TWO SIGNIFICANT CAPITAL CAMPAIGNS TO FINANCE AND BUILD OUT GIVING FACTORY LOCATIONS IN PHILADELPHIA, PA AND NEWTON, MA. REVENUES DURING EACH OF THOSE YEARS INCLUDE MULTI-YEAR, RESTRICTED CONTRIBUTIONS FOR THESE CAMPAIGNS, APPROXIMATING $5,200,000 IN FY2019 AND $4,000,000 IN FY2020. 19274969 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 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 42 0 1 116 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 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 DEAN ATHANASIA BOARD CHAIR 1.00 X 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 JASON HANCOCK 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 LYNN MARGHERIO PRESIDENT/CEO/BOARD MEMBER 40.00 X X 220108 0 13373 KAREN GALLAHUE CFO 40.00 X 166326 0 20121 ELLEN MANNING VP OF HUMAN RESOURCES 40.00 X 157042 0 14974 BERNARD CHERKASOV CHIEF OPERATING OFFICER 40.00 X 208096 0 11365 KAREN GRANT VP OF EXTERNAL AFFAIRS 40.00 X 165587 0 20110 MICHAL SMITH EXECUTIVE DIRECTOR, PHILAD 40.00 X 148290 0 11357 SHOSHANA BUCHHOLZ-MILLER ED OF CHICAGO 40.00 X 159748 0 19650 SUSAN HIGHT DIR OF DEV - PHI 40.00 X 110787 0 3920 KATHERINE AMORO DIR OF DEV - BOS 40.00 X 110660 0 9299 1446644 0 124169 10 0 1 0 J CALNAN AND ASSOCIATES INC 3 BATTERYMARCH PARK 5TH FLOOR QUINCY MA 02169 GENERAL CONTRACTOR 1596695 IAPPAREL PO BOX 88926 CHICAGO IL 60695 PURCHASED CHILDREN'S PRODUCT 182634 PERKINS EASTMAN ARCHITECTS 20 ASHBURTON PLACE FLOOR 8 BOSTON MA 02108 ARCHITECT 179302 KOYA LEADERSHIP PARTNERS PO BOX 279 NEWBURYPORT MA 01950 STAFFING SEARCH FIRM 104740 2 26653668 10970286 26653668 148966 148966 TICKET SALES 900099 164962 164962 164962 26967596 0 0 313928 1007175 548839 274598 183738 4459031 3174873 272318 1011840 83285 60544 3257 19484 617556 430769 47175 139612 350130 239305 33914 76911 4005 2799 1025 181 28500 19920 7293 1287 24090 24090 90575 11721 60722 18132 229161 183329 45832 104720 83087 5892 15741 220327 133307 44176 42844 807099 712946 21027 73126 121483 83031 11767 26685 375405 255265 38100 82040 78510 53659 7605 17246 DONATED GOODS 10970286 10970286 CHILDRENS PRODUCT 1693044 1693044 BAD DEBT 429963 429963 EVENT EXPENSES 273085 198004 75081 555029 420241 38488 96300 22522459 19274969 1321410 1926080 X 5028741 4248116 1539976 3463216 3849966 129760 155449 14028355 2036808 7882446 11991547 4118956 5568452 55867 87304 22218962 25900834 1608292 740763 4342291 4328101 126576 460384 6077159 5529248 X 10197462 17806579 5944341 2565007 16141803 20371586 22218962 25900834 4445137 -215354 0 X X 0 1 X 1 0 X 13750804 16042383 17267973 26011704 26653668 99726532 13750804 16042383 17267973 26011704 26653668 99726532 523135 99203397 108474 143004 149917 142091 148966 692452 100418984 0.98790 0.99250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2744840 2744840 7331767 15666 7316101 2220384 640903 1579481 263019 144996 118023 1468345 1235243 233102 11991547 DEFERRED RENT 460384 460384 X 27039109 -215354 310957 95603 26943506 24090 24090 26967596 22557920 310957 310957 22246963 24090 251406 275496 22522459 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, 2020. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT SHOWN NET ON THE AUDITED STATEMENT OF ACTIVITIES 251,406. X 0 0 0 0 0 0 0 0 0 LYNN MARGHERIO PRESIDENT/CEO/BOARD MEMBER 220108 0 0 0 0 0 6289 0 7084 0 233481 0 0 0 KAREN GALLAHUE CFO 166326 0 0 0 0 0 5018 0 15103 0 186447 0 0 0 ELLEN MANNING VP OF HUMAN RESOURCES 157042 0 0 0 0 0 4739 0 10235 0 172016 0 0 0 BERNARD CHERKASOV CHIEF OPERATING OFFICER 208096 0 0 0 0 0 3989 0 7376 0 219461 0 0 0 KAREN GRANT VP OF EXTERNAL AFFAIRS 165587 0 0 0 0 0 4996 0 15114 0 185697 0 0 0 MICHAL SMITH EXECUTIVE DIRECTOR, PHILAD 148290 0 0 0 0 0 3981 0 7376 0 159647 0 0 0 SHOSHANA BUCHHOLZ-MILLER ED OF CHICAGO 159748 0 0 0 0 0 4634 0 15016 0 179398 0 0 0 A MASSACHUSETTS DEVELOPMENT AND FINANCE AGENCY (MDFA) 043431814 2019-01-31 4400000 CONSTRUCTION OF NEWTONVILLE PROPERTY 0 0 0 A 16114 4400000 57709 4342291 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 10970286 FAIR VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S PRESIDENT AND CONTROLLER REVIEW ALL THE LINE ITEMS ON THE FORM 990. ONCE THEY FEEL THE FORM 990 IS COMPLETE AND ACCURATE, AN ELECTRONIC VERSION OF THE FORM 990 IS MAILED TO EACH BOARD MEMBER FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL 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, 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 BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF OFFICERS IS DETERMINED BY THE INDEPENDENT BOARD 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 GUIDESTAR AND CHARITY NAVIGATOR. UPON REQUEST, THE ORGANIZATION WILL SEND ELECTRONICALLY OR MAIL A COPY OF THE FORM 1023 OR 990 TO THE REQUESTEE. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.