Nonprofit · EIN 45-0506764
CRADLE FOUNDATION
Tax-exempt · EVANSTON, IL 60201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $3,455,865 | $4,497,375 | -$1,041,510 | $13,814,636 | $8,059,826 | $5,754,810 |
| September 30, 2024 | 990 | $2,927,150 | $5,311,490 | -$2,384,340 | $13,764,979 | $7,106,813 | $6,658,166 |
| September 30, 2023 | 990 | $4,654,660 | $4,234,097 | $420,563 | $11,864,070 | $5,635,166 | $6,228,904 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $1,798,158
- Program service revenue
- $0
- Investment income
- $1,655,690
- Net gain from sales of assets
- $1,497,161
- Other revenue
- $2,017
Expenses
- Grants and similar amounts paid
- $3,525,000
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $511,749
- Salaries, compensation and benefits (total)
- $588,076
- Professional fundraising fees
- $0
- Occupancy
- $22,412
- Travel
- $91
- Depreciation
- $19,637
- Program services (functional)
- $3,525,000
- Management and general (functional)
- $563,234
- Fundraising (functional)
- $409,141
Balance sheet and other
- Total assets, start of year
- $13,764,979
- Total assets, end of year
- $13,814,636
- Total liabilities, end of year
- $8,059,826
- Net assets, end of year
- $5,754,810
- Publicly traded securities
- $13,314,654
- Net assets without donor restrictions
- -$95,258
- Net assets with donor restrictions
- $5,850,068
- Gross receipts
- $3,962,412
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2003
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Jason Friedman | President & CEO Officer | 10 | $0 | $264,676 | $7,424 |
| Kristina Lederer | VP Development Officer | 10 | $0 | $153,803 | $23,000 |
| Joel E Solomon | Chair & Treasurer Trustee or director, Officer | 0 | $0 | $0 | $0 |
| Phyllis S Thomas | Secretary Trustee or director, Officer | 0 | $0 | $0 | $0 |
| Corry Connelly | Director Trustee or director | 0 | $0 | $0 | $0 |
| Therese Fauerbach | Director Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended September 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Jason Friedman | President & CEO Officer | 10 | $0 | $264,676 | $7,424 |
| Kristina Lederer | VP Development Officer | 10 | $0 | $153,803 | $23,000 |
| Joel E Solomon | Chair & Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Phyllis S Thomas | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Corry Connelly | Director Trustee or director | 1 | $0 | $0 | $0 |
| Therese Fauerbach | Director Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Jason Friedman | President & CEO Officer | 10 | $0 | $267,714 | $7,534 |
| Kristina Lederer | VP Development Officer | 10 | $116,077 | $0 | $12,219 |
| Joel E Solomon | Chair & Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Phyllis S Thomas | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Corry Connelly | Director Trustee or director | 1 | $0 | $0 | $0 |
| Therese Fauerbach | Director Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2049 RIDGE AVE, EVANSTON, IL 60201-2713
- In care of
- % JASON FRIEDMAN
- Principal officer (990 for 2024)
- Jason Friedman, 2049 Ridge Avenue, Evanston, IL 60201
- Signed the 990
- Jason Friedman, President & CEO
- Phone
- (847) 475-5800
- Website
- www.cradle.org
- Return prepared by
- MILLER COOPER & CO LTD
Mission
THE CRADLE FOUNDATIONS MISSION IS TO RAISE AND MANAGE FUNDS FOR THE SOLE PURPOSE OF SUPPORTING THE CRADLES ADOPTION PROGRAMS AND SERVICES.
Program accomplishments
- Support the operations of The Cradle.Expenses $3,525,000 · grants $3,525,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 45-0506764
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2003
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P113)
- Assets (IRS master file)
- $13,814,636
- Income (IRS master file)
- $3,962,412
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $3,455,865 | $4,497,375 | $13,814,636 | XML |
| 990 | September 2024 | $2,927,150 | $5,311,490 | $13,764,979 | XML |
| 990 | September 2023 | $4,654,660 | $4,234,097 | $11,864,070 | XML |
| 990 | September 2022 | $3,326,076 | $3,674,549 | $10,772,249 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-0506764).
Questions about CRADLE FOUNDATION
- What is the EIN of CRADLE FOUNDATION?
- The employer identification number (EIN) of CRADLE FOUNDATION is 45-0506764.
- Is CRADLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to CRADLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does CRADLE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CRADLE FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CRADLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of CRADLE FOUNDATION?
- The 990 for the year ended September 30, 2025 names Jason Friedman.
- Who are the officers and directors of CRADLE FOUNDATION?
- The 990 for the year ended September 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does CRADLE FOUNDATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $3,455,865, expenses of $4,497,375 and total assets of $13,814,636 at year end.
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