CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
Any time an Analysts' Note refers to a charity's Audited Financial Statements or IRS tax form, CharityWatch encourages interested donors to obtain a copy of the referenced documents so that they may view the information in context. Please contact the charity directly to request a copy of any referenced document. Charity tax forms and audits may also be obtained from a number of online databases. For a list of sources, please visit our LINKS page.
|CharityWatch's rating is based on our analysis of The Leukemia & Lymphoma Society (LLS) Consolidated Audited Financial Statements. According to the audit Note 1, Principles of Consolidation, the audit includes "the accounts of LLS, which encompasses the National Office of LLS and its fifty-four chapters in the United States, and LLS's not for profit affiliates, LLSC [The Leukemia & Lymphoma Society of Canada, Inc.] and its five chapters in Canada, The Leukemia & Lymphoma Society Research Programs, Inc., and The Leukemia & Lymphoma Society Research Foundation..."|
|According to the Leukemia & Lymphoma Society (LLS) consolidated audit of June 30, 2014 (Note 6), LLS received donated services for family support group facilitators and research grant reviewers valued at approximated $4.985 million in fiscal 2014. LLS also received donated media valued at approximately $6.000 million, resulting in total donated services and media valued at approximately $10.985 million in fiscal 2014.|
[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found by clicking on "About CharityWatch" from the navigation bar and then clicking on "Criteria & Methodology".]