2016-11-14T12:32:52-06:00 2016-03-31 043027605 SAMET & COMPANY PC 1330 BOYLSTON STREET CHESTNUT HILL MA 024672111 990 2015-04-01 043584367 CRADLES TO CRAYONS INC CRAD 6177794700 155 NORTH BEACON STREET BRIGHTON MA 02135 LYNN MARGHERIO PRESIDENT / CEO 6177794700 2016-11-11 1 PAUL FORD CPA P01332603 6177311222 2015 2017-02-10 21:41:12Z LYNN MARGHERIO 155 NORTH BEACON STREET BRIGHTON MA 02135 14827329 0 X WWW.CRADLESTOCRAYONS.ORG X 2002 MA TO PROVIDE, FREE OF CHARGE, CHILDREN LIVING IN LOW INCOME SITUATIONS WITH THE EVERYDAY ESSENTIALS THEY NEED. 8 7 61 57023 0 0 1614029 13750804 0 0 32261 42844 0 0 1646290 13793648 0 0 0 0 815625 3720213 0 0 830546 1473696 9700519 2289321 13420732 -643031 372916 7408651 7884498 328399 539937 7080252 7344561 X TO PROVIDE, FREE OF CHARGE, LOW-INCOME AND HOMELESS CHILDREN FROM BIRTH TO PRE-TEEN WITH THE BASIC ESSENTIALS THEY NEED TO FEEL SAFE, WARM, READY TO LEARN AND VALUED. WE ALSO LAY A FOUNDATION FOR LASTING CHANGE THROUGH MEANINGFUL, TANGIBLE VOLUNTEER OPPORTUNITIES THAT WE PROVIDE TO THOUSANDS OF YOUTH AND ADULTS EACH YEAR. 0 0 11999741 DURING THE PERIOD APRIL 1, 2015 THROUGH MARCH 31, 2016, CRADLES TO CRAYONS PROVIDED APPROXIMATELY 197,500 PACKAGES OF HIGH QUALITY EVERYDAY ESSENTIAL ITEMS TO CHILDREN LIVING IN LOW-INCOME OR HOMELESS SITUATIONS IN MASSACHUSETTS AND PENNSYLVANIA. THIS INCLUDES MORE THAN 76,000 CUSTOMIZED "C2C" KIDPACKS" WHICH ARE FILLED WITH CLOTHING, SHOES, BOOKS, TOYS AND MORE. IN ORDER TO COLLECT THESE ITEMS, C2C ENGAGED COMMUNITIES IN BOTH MASSACHUSETTS AND PENNSYLVANIA TO HOST CHILDREN'S PRODUCT DRIVES ON C2C'S BEHALF. DONATED ITEMS WERE SORTED, INSPECTED AND PACKAGED BY MORE THAN 57,000 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. 11999741 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 7 0 61 1 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MA PA NJ DE IL X X CRADLES TO CRAYONS INC 6177794720 155 NORTH BEACON STREET BRIGHTON MA 02135 STUART DAVIES BOARD MEMBER 1.00 X 0 0 0 JACK GREENBERG BOARD MEMBER 1.00 X 0 0 0 JORDAN HITCH CHAIRMAN OF BOARD 1.00 X X 0 0 0 BILL MATSON BOARD MEMBER 1.00 X 0 0 0 PHYLLIS YALE BOARD MEMBER 1.00 X 0 0 0 DEAN ATHANASIA BOARD MEMBER 1.00 X 0 0 0 NEIL NICOLL BOARD MEMBER 1.00 X 0 0 0 LYNN MARGHERIO PRESIDENT/CEO/TREASURER 40.00 X 191058 0 10853 SHARON REILLY EXECUTIVE DIRECTOR, BOSTON 40.00 X 167236 0 10191 MICHAL SMITH EXECUTIVE DIRECTOR, PHILAD 40.00 X 125045 0 8863 JULIE LIMA DIRECTOR OF DEVELOPMENT 40.00 X 121373 0 8763 ELLEN MANNING VP OF HUMAN RESOURCES 40.00 X 118463 0 11386 EDWARD FOX DIRECTOR OF OPERATIONS 40.00 X 117866 0 14910 841041 0 64966 6 0 1 0 THE ROOM 40 GROUP 50 MILK STREET 16TH FLOOR BOSTON MA 02109 CONSULTING 190750 1 13750804 6943922 13750804 108474 108474 968051 1033681 -65630 -65630 -65630 13793648 0 0 42844 326929 242903 28501 55525 2791365 2073945 243344 474076 45698 33953 3984 7761 311946 231771 27195 52980 244275 181493 21295 41487 1035 690 293 52 27000 17973 7677 1350 27256 27256 348423 232309 98693 17421 154839 115044 13498 26297 488952 453268 13879 21805 79143 58803 6899 13441 184133 136809 16052 31272 65630 48763 5721 11146 DONATED GOODS 6943922 6943922 CHILDREN'S PRODUCTS 827503 827503 SUPPLIES PRINTING AND R 135979 127809 8170 EVENT SUPPLIES AND EXPE 82015 40810 41205 334689 231973 67988 34728 13420732 11999741 590445 830546 2201919 2875688 142296 590084 593819 237834 104500 73957 122183 1566230 1041876 643471 524354 2726459 2590936 916672 887982 18255 42740 7408651 7884498 235421 444664 92978 95273 328399 539937 X 5774624 6048387 1305628 1296174 7080252 7344561 7408651 7884498 372916 -108607 0 X X 0 1 X 1 0 X 8520203 9572379 12601121 1614029 13750804 46058536 8520203 9572379 12601121 1614029 13750804 46058536 46058536 47884 84711 95432 19342 108474 355843 46414379 0.99230 0.99490 X PART II CRADLES TO CRAYONS, INC. CHANGED THEIR YEAR END TO MARCH 31 IN THE PRIOR YEAR. THUS, FISCAL YEAR 2015 WAS A THREE MONTH PERIOD AND THE AMOUNTS IN THE 2014 COLUMN ARE FOR THIS SHORT FISCAL YEAR. THE AMOUNTS IN THE 2014 COLUMN ARE FOR THE FISCAL YEAR APRIL 1, 2015 TO MARCH 31, 2015. THE AMOUNTS IN THE 2013 COLUMN ARE FOR THE CALENDAR YEAR ENDING DECEMBER 31, 2014. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2705628 176083 185537 2696174 2681579 32000 7951 2705628 1014314 1821279 154014 2681579 1043083 462626 491395 1014314 1782870 357025 1096812 1043083 0.51930 0.00000 0.48070 0 0 501799 309671 192128 209176 139527 69649 855255 592678 262577 524354 SPDR BARCLAYS ETF 417732 F VANGUARD TOTAL BOND 470250 F 887982 DEFERRED RENT 95273 95273 X 13810644 -108607 125603 16996 13793648 0 13793648 13546335 125603 125603 13420732 0 13420732 PART V, LINE 4: THE ENDOWMENT FUNDS ARE TO BE USED PRIMARILY FOR NATIONAL EXPANSION. PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") HAS ISSUED A STANDARD THAT CLARIFIES THE ACCOUNTING AND RECOGNITION OF INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S INCOME TAX RETURNS. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION BELIEVES THAT INCOME TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS. IF THE ORGANIZATION INCURS INTEREST OR PENALTIES AS A RESULT OF UNRECOGNIZED TAX POSITIONS THE POLICY IS TO CLASSIFY INTEREST ACCRUED WITH INTEREST EXPENSE AND PENALTIES THEREON WITH GENERAL AND ADMINISTRATIVE EXPENSES. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. X 0 0 0 0 0 1 0 0 0 LYNN MARGHERIO PRESIDENT/CEO/TREASURER 171058 0 20000 0 0 0 5732 0 5121 0 201911 0 0 0 SHARON REILLY EXECUTIVE DIRECTOR, BOSTON 155986 0 11250 0 0 0 5017 0 5174 0 177427 0 0 0 PART 1, LINE 6A THE CEO'S BONUS IS CONTINGENT ON THE NET EARNINGS OF THE ORGANIZATION. X 6943922 FAIR VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 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: NO CHANGES FROM PRIOR YEAR