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.
|On December 17, 2015, the Attorney General of New York announced that a $1 million settlement agreement was reached with the officials of National Children's Leukemia Foundation (NCLF) and their auditor. According to the press release, the former officials of NCLF admitted to financial misconduct and to years of fundraising abuses and misrepresentations, including falsifying audit reports. Through the settlement, NCLF will be permanently closed, and its former officers will be barred from serving as charity fiduciaries and from soliciting charitable funds.|
Click on the "Donor Alerts & Articles / Media" Tab for a link to the full press release by the NY State Office of the Attorney General and other related articles and news items.
|Concerning National Children's Leukemia Foundation (the Foundation):|
(1) CharityWatch was unable to find an independent audit for the fiscal year end March 31, 2013 for the Foundation. CharityWatch checked the many website sources we typically use but found only the Foundation's tax filing (IRS Form 990) for fiscal 2013; no audit for fiscal 2013 accompanied the Foundation's tax form for its state filings.
(2) According the donate page of the Foundation's website as of 8/27/14, the Foundation is "temporarily not accepting donations at this time."
(3) The Foundation's registration with the state of New York has been cancelled "because it failed to file its required annual financial reports with the Attorney General's Charities Bureau." As a result, the Foundation is prohibited from soliciting contributions and grants and from engaging in any other charitable fundraising activities in New York (as per the NY AG's website, 8/27/14).