Cradles to Crayons Inc logo

Cradles to Crayons Inc

Foundation · Grantmaker Newton, MA EIN: 04-3584367 Website

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.

Key facts about Cradles to Crayons Inc

EIN
04-3584367
Latest 990 filing
Form 990 filing, 2025
Total assets
$33,139,298

Data from IRS Form 990 filing, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 filing · View filing

Total Assets

$33.1M

-6.8% YoY

Revenue

$48.9M

+15.0% YoY

Net Investment Income

$1.1M

+47.3% YoY

Expenses

$50.5M

+16.1% YoY

About Cradles to Crayons Inc

Based on IRS filings

Cradles to Crayons Inc is a nonprofit organization focused on Human Services, based in Newton, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $33.1M in total assets. Net investment income was $1.1M.

Focus Areas

Open Grants

1 open opportunity from Cradles to Crayons Inc

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BostonChicago

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K2 grants20210 grants20220 grants20230 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20M$40M$60M20212022202320242025
Metric202520242023
Total Assets$33,139,298$35,545,272$36,344,012
Revenue$48,850,142$42,468,359$40,059,134
Expenses$50,463,522$43,459,896$38,652,085
Qualifying Distributions———
Net Investment Income$1,148,158$779,223$-70,771
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Cradles to Crayons Inc is led by Lynn Margherio, CEO since 2022 (on filings since 2021); 9 of 21 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Lynn Margherio

    CEO

    President, CEO & Board Member → CEO, 2022

    On filings since 2021

    40 hrs/week

    $203K (2021) → $325K (2025)

  • Christine Morin

    CEO

    New on the 2025 filing

    40 hrs/week

    No compensation reported

  • Michal Smith

    Executive Director of Philadelphia

    Executive Director & Philad → Executive Director of Philadelphia, 2022

    On filings since 2021

    40 hrs/week

    $154K (2021) → $196K (2025)

  • Dawn Melchiorre

    Executive Director of Chicago

    On filings since 2024

    40 hrs/week

    $186K (2024) → $198K (2025)

  • Dean Athanasia

    Board Chair

    On filings since 2021

    1 hr/week

    No compensation reported

  • Arnab Chaudhuri

    Digital Product Director

    On filings since 2022

    40 hrs/week

    $134K (2022) → $159K (2025)

  • Catherine McCluskey

    Senior Director of Philanthropy

    New on the 2025 filing

    40 hrs/week

    $181K (2025)

  • Karen Gallahue

    CFO

    On filings since 2021

    40 hrs/week

    $178K (2021) → $228K (2025)

  • Karen Grant

    Vice President of Giving Factory Director & Secretary

    Vice President of External Affairs → Vice President of Giving Factory Director, 2022

    Vice President of Giving Factory Director → Vice President of Giving Factory Director & Secretary, 2025

    On filings since 2021

    40 hrs/week

    $173K (2021) → $220K (2025)

  • Connie Olson

    Vice President of Operations

    New on the 2025 filing

    40 hrs/week

    $232K (2025)

  • Jessie Jackson

    Vice President of Hr & Secretary

    New on the 2025 filing

    40 hrs/week

    $135K (2025)

  • Darren Burton

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Gerard Du Toit

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jay Bhatt

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Todd Cook

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Julie Daum

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • June Yang

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Mike Ewald

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jeff Alpaugh

    Board Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Nancy Carpenter

    Board Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Melissa York

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (13)
  • Former: Peggy Koenig (2021–2024) — Board Member
  • Former: Tiffany Gueye (2021–2024) — Board Member
  • Former: Aubrey Henderson (2023–2024) — Executive Director of Boston
  • Former: Yvette Marcia McClymont (2024) — Vice President of Nat'l Philanthropy
  • Former: Bernard Cherkasov (2021–2023) — COO
  • Former: Heidi Ryder (2021–2023) — Board Member
  • Former: Jack M. Greenberg (2021–2023) — Board Member
  • Former: Ann Perry (2023) — Vice President of Human Resources
  • Former: Aubrey Conquergood (2021–2022) — Executive Director of Boston
  • Former: Shoshana Buchholz-Miller (2021–2022) — Former Executive Director of Chicago
  • Former: Bill Matson (2021) — Board Member
  • Former: Ellen Manning (2021) — Vice President of Human Resources
  • Former: Michael Ewald (2021) — Board Member

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Lynn Margherio — CEO (Until 2/2025): $325KLynn MargherioCEO (Until 2/2025)$325KConnie Olson — VP of Operations: $232KConnie OlsonVP of Operations$232KKaren Gallahue — CFO: $228KKaren GallahueCFO$228KKaren Grant — VP of Giving Factory Direct, Secretary (Until 10/: $220KKaren GrantVP of Giving Factory Direct…$220KDawn Melchiorre — Ed of Chicago: $198KDawn MelchiorreEd of Chicago$198KMichal Smith — Ed of Philadelphia: $196KMichal SmithEd of Philadelphia$196KCatherine McCluskey — Sr. Dir. of Philanthropy: $181KCatherine McCluskeySr. Dir. of Philanthropy$181KArnab Chaudhuri — Digital Product Director: $159KArnab ChaudhuriDigital Product Director$159KJessie Jackson — VP of HR, Secretary (As of 10/2024): $135KJessie JacksonVP of HR, Secretary (As of…$135K

Frequently asked questions about Cradles to Crayons Inc

How large is Cradles to Crayons Inc?

Cradles to Crayons Inc reported $33.1M in total assets on its 2025 IRS Form 990 filing. Its revenue that year was $48.9M.

What is Cradles to Crayons Inc?

Cradles to Crayons Inc is a nonprofit organization focused on Human Services, based in Newton, MA. It holds $33.1M in total assets as of 2025.

Where does Cradles to Crayons Inc operate?

Cradles to Crayons Inc has awarded grants in Illinois, Massachusetts.

What is Cradles to Crayons Inc's EIN?

Cradles to Crayons Inc's EIN (Employer Identification Number) is 04-3584367. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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