BBB Wise Giving Report for
Childhood Leukemia Foundation

BBB Wise Giving Report issued September 2011
BBB Wise Giving Report expires August 2013


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Childhood Leukemia Foundation
Address: 807 Mantoloking Road
  Brick, NJ 08723
Phone: 732-920-8860
888-253-7109
Web Address: www.clf4kids.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1992, New Jersey
Affiliates: None
Stated Purpose: "to educate, empower, and improve the lives of children stricken with all types of cancer."

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Evaluation Conclusions

               

Childhood Leukemia Foundation (CLF) meets the 20 Standards for Charity Accountability.
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Programs

               

CLF's three primary programs include Hope Binders to educate and promote health literacy, Hugs U Wear to restore self esteem after hair loss, and Wish Baskets to alleviate the anxiety and boredom associated with long hours of chemotherapy treatment.

For the year ended December 31, 2010, CLF's program expenses were:

  
Health literacy 1,069,983
Wish Baskets 297,110
Hugs-U-Wear 265,587
Hope Binders 230,743
Other programs 66,401
Total Program Expenses: $1,929,824
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Governance

               

Chief Executive : Barbara Reid Haramis, Executive Director
Compensation*:
 $151,111

Chair of the Board: Oliver S. Walling, III
Chair's Profession / Business Affiliation: CPA

Board Size: 3

Paid Staff Size: 50

*2010 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Telemarketing, special events, grant proposals, and Internet appeals.
Fund raising costs were 25% of related contributions. (Related contributions, which totaled $2,984,508, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on CLF's audited financial statements for the year ended December 31, 2010.

Source of Funds  
Fundraising 1,713,663
Contributions 940,041
Auto donations 251,304
Grants 79,500
Other income 5,671
Interest income 2,791
Rental income, net -1,833
Total Income $2,991,137


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Uses of Funds as a % of Total Expenses

Programs: 68%  Fund Raising: 26%  Administrative: 6% 

Total income   $2,991,137
  Program expenses $1,929,824
  Fund raising expenses 754,190
  Administrative expenses 174,477
 
Total expenses   $2,858,491
Income in Excess of Expenses   132,646
Beginning net assets   1,778,640
Other Changes in Net Assets (8,297)
Ending net assets   1,902,989
Total liabilities   931,956
Total assets   $2,834,945

Note: Other changes in net assets in the above financial section represents a
-$8,297 prior period adjustment.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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