Celebrating 30 years of helping you give wisely
America's most independent,
assertive charity watchdog

National Children's Leukemia Foundation (DISSOLVED)

CharityWatch report issued
September 2014

F
CharityWatch Grade
Our independent grade based
on a number of factors.
 
36%
Program Percentage
Amount spent on programs
relative to overhead.
 
$76
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

National Children's Leukemia Foundation (DISSOLVED)
7316 Avenue U
Brooklyn, NY 11234

Other Names

None

Tax Status

501(c)3

Stated Mission

To provide the cure for cancer and other life-threatening diseases throughout the world, and to insure that all persons, regardless of race, religion, ethnicity, gender, socioeconomic status or country of residence, have access to life-saving medical care.

View similar charities
Charity  
American Breast Cancer Foundation  
American Cancer Society  
American Institute for Cancer Research  
Avon Products Foundation  
Breast Cancer Charities of America (DISSOLVED)  
Breast Cancer Outreach Foundation (DISSOLVED)  
Breast Cancer Prevention Partners  
Breast Cancer Research Foundation  
Breast Cancer Society (DISSOLVED)  
Cancer Fund of America (DISSOLVED)  
Cancer Recovery Foundation International  
Cancer Research Institute  
Cancer Survivors' Fund (DISSOLVED)  
CancerCare  
Childhood Leukemia Foundation  
Children's Cancer Fund of America (DISSOLVED)  
Children's Cancer Recovery Foundation (DISSOLVED)  
Children's Cancer Research Fund  
Children's Leukemia Research Association  
CureSearch for Children's Cancer  
Damon Runyon Cancer Research Foundation  
Dana-Farber Cancer Institute  
Entertainment Industry Foundation / Stand Up To Cancer  
Good Charity (DISSOLVED)  
Leukemia & Lymphoma Society  
Livestrong Foundation  
Memorial Sloan Kettering Cancer Center  
Multiple Myeloma Research Foundation  
National Breast Cancer Coalition Fund  
National Breast Cancer Foundation  
National Cancer Assistance Foundation  
National Cancer Center  
National Cancer Coalition (DISSOLVED)  
National Children's Cancer Society  
National Foundation for Cancer Research  
Ovarian Cancer Research Alliance  
Pancreatic Cancer Action Network  
Prevent Cancer Foundation  
Prostate Cancer Foundation  
St. Jude Children's Research Hospital  
Susan G. Komen Breast Cancer Foundation  
United Breast Cancer Foundation  
United Cancer Support Foundation  
Walker Cancer Research Institute  
Woman to Woman Breast Cancer Foundation (DISSOLVED)  
Data based on Fiscal Year Ended 03/31/2013

Program Percentage: 36%

The percentage of National Children's Leukemia Foundation (DISSOLVED)'s cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$900,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $76

How many dollars National Children's Leukemia Foundation (DISSOLVED) spends on fundraising to raise each $100 of contributions.

$600,000

Calculated Total Contributions

(rounded)

Joint Costs

National Children's Leukemia Foundation (DISSOLVED)'s rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.

Program % Cost to Raise $100
41% $69
Accounting rules allow charities to report some telemarketing, direct mail, and other solicitation costs as Program expenses. CharityWatch believes that most donors do not consider a charity's solicitation activities to be the Programs they are intending to support with their donations. We therefore adjust such expenses out of a charity's reported Program expense and add it to Fundraising expense prior to calculating its rating.

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
National Children's Leukemia Foundation IRS Form 990 11-3059922
Entity: National Children's Leukemia Foundation
Document Type: IRS Form 990
Tax ID: 11-3059922

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
National Children's Leukemia Foundation (DISSOLVED)
does not meet governance benchmarks.
 
National Children's Leukemia Foundation (DISSOLVED)
does not meet transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy

  Name Title Compensation
1 Zvi Shor Past President $103,908
1
Name: Zvi Shor
Title: Past President
Compensation: $103,908

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.
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 "Articles & Alerts" 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).

Related External Articles