*Why Not Ratable?CharityWatch is currently unable to rate this organization. This does not imply a negative or positive evaluation. Please see the Analysts' Notes section for a more detailed explanation. |
CharityWatch is unable to provide a range of Top Three Salaries for this charity for the above fiscal reporting year because we lack complete salary data for the organization. Except for officers, directors, and trustees, the IRS does not require breakouts of salaries totaling less than $100,000.
For example, XYZ charity would be required to provide a breakout in its tax form of compensation to its president of $55,000, but would not be required to provide a breakout of $99,000 in compensation to its top medical researcher if that person is not also an officer, director, or trustee of the organization.
This charity reports that compensation to its officers, directors, and trustees is under $100,000 per individual. Donors who would like to view limited salary data for this organization should refer to its tax form, which may be available on the charity's web site or from a number of third-party sources. See CharityWatch's Links page for information on obtaining copies of charity tax forms.
CharityWatch is unable to provide a letter grade rating for Children's Leukemia Research Association based on its fiscal year 2023 financial activities. CharityWatch generally applies our methodology and assigns letter grade ratings to charities that take in at least $1 million in public cash contributions and that maintain an annual budget of at least $500,000. Additionally, CharityWatch generally requires a charity to issue and provide a copy of its audited financial statements for our analysis, produced by an independent accountant, so that we can conduct a meaningful evaluation. For the fiscal year ended December 31, 2023, Children's Leukemia Research Association reports receiving only $78,831 in public cash contributions, with total reported expenses of $575,022 that year, according to its 2023 IRS tax Form 990 filing. Additionally, per IRS Form 990, Part XII, Lines 2a-2b, the Association replied "Yes" to the question "Were the organization's financial statements compiled or reviewed by an independent accountant?", and "No" to the question "Were the organization's financial statements audited by an independent accountant?". Children's Leukemia Research Association has not reported receiving more than $1 million in "Gifts, grants, contributions, and member fees" since 2016 when that total was $2,468,115, according to its 2020 tax filing (IRS Form 990, Schedule A, Part III, Section A, Public Support). CharityWatch's rating for Children's Leukemia Research Association was an "F" based on the Association's fiscal 2016 financial activities. The Association spent only 20% of its cash budget on program services in 2016, and it spent $76 to raise each $100 in cash contributions in that year, according to CharityWatch's analysis of its audit and tax filing for that year. |