Civic Intelligence

Hairy Cell Leukemia Foundation

990 • Fiscal year 2016 • EIN 36-3327001

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

575 Madison Ave 10th FloorNew York, NY 10022

(224) 355-7201

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

9th percentile

-45%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

19th percentile

-22%

Faster asset growth than 19% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

5th percentile

-71%

Faster revenue growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$339,021

Down $95,134 (-22%) from 2015

Net Assets

Down

$339,021

Down $95,134 (-22%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$210,869

Down $513,205 (-71%) from 2015

Expenses

Down

$306,003

Down $142,457 (-32%) from 2015

Net Income

Down

-$95,134

Down $370,748 (-135%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2015: $434,155Liabilities 2015: $0Net Assets 2015: $434,1552015Assets 2016: $339,021Liabilities 2016: $0Net Assets 2016: $339,0212016Assets 2017: $311,912Liabilities 2017: $0Net Assets 2017: $311,9122017Assets 2018: $177,810Liabilities 2018: $0Net Assets 2018: $177,8102018Assets 2019: $450,351Liabilities 2019: $0Net Assets 2019: $450,3512019Assets 2020: $602,186Liabilities 2020: $0Net Assets 2020: $602,1862020Assets 2021: $2,260,828Liabilities 2021: $2,883Net Assets 2021: $2,257,9452021Assets 2022: $2,739,152Liabilities 2022: $5,067Net Assets 2022: $2,734,0852022Assets 2023: $3,928,090Liabilities 2023: $2,981Net Assets 2023: $3,925,1092023Assets 2024: $4,910,812Liabilities 2024: $3,979Net Assets 2024: $4,906,8332024

Highlighted filing

2016

Assets$339,021
Liabilities$0
Net Assets$339,021

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $724,074Expenses 2015: $448,460Net Income 2015: $275,6142015Revenue 2016: $210,869Expenses 2016: $306,003Net Income 2016: -$95,1342016Revenue 2017: $862,669Expenses 2017: $889,778Net Income 2017: -$27,1092017Revenue 2018: $770,267Expenses 2018: $904,369Net Income 2018: -$134,1022018Revenue 2019: $1,263,826Expenses 2019: $991,285Net Income 2019: $272,5412019Revenue 2020: $738,593Expenses 2020: $586,758Net Income 2020: $151,8352020Revenue 2021: $2,372,436Expenses 2021: $716,677Net Income 2021: $1,655,7592021Revenue 2022: $2,239,613Expenses 2022: $1,773,275Net Income 2022: $466,3382022Revenue 2023: $2,473,634Expenses 2023: $1,302,800Net Income 2023: $1,170,8342023Revenue 2024: $2,774,852Expenses 2024: $1,793,128Net Income 2024: $981,7242024

Highlighted filing

2016

Revenue$210,869
Expenses$306,003
Net Income-$95,134
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.1
Gross Receipts
$272,804
Mission and Program Overview

Mission

The hairy cell leukemia foundation is dedicated to improving outcomes for patients by advancing research into the causes and treatment of hairy cell leukemia, as well as by providing educational resources and comfort to all those affected by hairy cell leukemia.

Dedication to improving outcomes for patients by advancing research into the causes and treatment of hairy cell leukemia, as well as educational resources and comfort.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$429,010$339,021▼ $89,989
Cash and Non-Interest-Bearing Accounts$5,145$0▼ $5,145
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$434,155$339,021▼ $95,134
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$359,155$264,021▼ $95,134
Temporarily Rstr Net Assets$75,000$75,000→ $0
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$434,155$339,021▼ $95,134
Total Liabilities and Net Assets / Fund Balance$434,155$339,021▼ $95,134
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael Margolin MDPresident
Brian FriedmanVice President
Gage WeekesDirector
Kirk Zachary MDDirector
Scott SvobodaDirector
Tim MaherDirector
Marc StadtmauerSecretary
Kenneth JensenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$210,827
Program Service Revenue
$0
Investment Income
$42
Other Revenue
$0
All Other Contributions
$210,827
Change in Net Assets
$-95,134

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$61,935Fair Market Value (FMV)
Total Noncash Contributions1$61,935-

Audited Revenue Reconciliation

Revenue per Audited Statements
$210,869
Total Revenue per Audited Statements
$210,869
Total Revenue per Form 990
$210,869
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$125,360
Other Expenses$92,252
Salaries, Compensation, and Employee Benefits$88,391
Total Fundraising Expense$19,160
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$116,000--$116,000
Other Salaries and Wages$66,000$4,125$12,375$82,500
Conferences and Meetings$62,486$474-$62,960
Occupancy$15,862$991$2,974$19,827
Grants to Domestic Orgs$9,360--$9,360
Office Expenses-$4,757$2,927$7,684
Payroll Taxes$4,712$295$884$5,891
Insurance-$1,445-$1,445
Fees for Services Legal$234--$234
Information Technology-$102-$102
Total Functional Expenses$274,654$12,189$19,160$306,003

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$306,003
Total Expenses per Audited Statements$306,003
Total Expenses per Form 990$306,003
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Ohio State UniversityColumbus, OH501(c)(3)Research grant$9,360

International Summary

Offices
0
Employees
0
Spending
$116,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesResearch grants00$116,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

The Form 990 was made available to each member of the governing body prior to filing with the IRS.

Form 990, Part VI, Section B, line 12C

The Organizations conflict of interest policy covers all of the organizations directors and sets forth the procedures as follows: 1) IN SITUATIONS WHERE A DIRECTOR OR MEMBER OF THE DIRECTORS IMMEDIATE FAMILY HOLDS A FIDUCIARY OR LEADING POSITION WITH A POTENTIAL GRANTEE, THAT RELATIONSHIP IS ALWAYS DISCLOSED AND EITHER THE DIRECTOR INVOLVED ABSTAINS FROM VOTING, OR THE MATTER IS DETERMINED WITHOUT CONSIDERING THE VOTE OF THE DIRECTOR. STAFF MEMBERS WHO HOLD A FIDUCIARY OR LEADING POSITION IN A GRANTEE ORGANIZATION OR A MEMBER OF WHOSE IMMEDIATE FAMILY HOLDS SUCH A POSITION MUST ALWAYS DISCLOSE THAT RELATIONSHIP. SUCH ASSOCIATION MUST BE NOTED IN ALL GRANT PRESENTATIONS AND REPORTED IN THE APPROPRIATE BOARD MINUTES. 2) DIRECTORS ALWAYS ABSTAIN FROM VOTING ON MATTERS REGARDING BUSINESS TRANSACTIONS BETWEEN HCLF AND ANY ORGANIZATION IN WHICH THE DIRECTOR OR MEMBER OF THE DIRECTORS IMMEDIATE FAMILY HOLDS A FIDUCIARY OR LEADING POSITION OR HAS A SIGNIFICANT FINANCIAL INTEREST. STAFF MEMBERS AND THEIR IMMEDIATE FAMILIES WHO HOLD A FIDUCIARY OR LEADING POSITION OR HAVE A SIGNIFICANT FINANCIAL INTEREST IN ANY ORGANIZATION WHICH HAS OR IS ENTERING INTO A BUSINESS ARRANGEMENT WITH HCLF MUST ALWAYS DISCLOSE THAT RELATIONSHIP. SUCH DISCLOSURE MUST BE RECORDED IN THE APPROPRIATE BOARD MINUTES. SPECIAL CARE IS TAKEN TO PREVENT ABUSE AS THE RESULT OF SUCH ARRANGEMENTS. 3) THE SECRETARY OF HCLF ANNUALLY CIRCULATES A DISCLOSURE FORM FOR DIRECTORS AND STAFF TO LIST ORGANIZATIONS IN WHICH THE DIRECTOR OR STAFF MEMBER OR A SPOUSE OR CHILD PLAYS A FIDUCIARY OR LEADING ROLE. IN ADDITION, DIRECTORS AND STAFF WILL LIST THOSE ORGANIZATIONS IN WHICH THEY, A SPOUSE OR A CHILD HOLD SIGNIFICANT FINANCIAL INTEREST AND WHICH HAVE A BUSINESS RELATIONSHIP WITH HCLF. ON THE SAME FORM, DIRECTORS AND STAFF ACKNOWLEDGE THAT THEY UNDERSTAND AND ADHERE TO THE HCLF'S CONFLICT OF INTEREST POLICY AND PROCEDURE. DIRECTORS AND STAFF WILL INFORM THE SECRETARY OF HCLF OF ANY CHANGES OR NEW RELATIONSHIPS.

Form 990, Part VI, Section B, line 15A

Comparability salary data was purchased from guidestar and reviewed and evaluated by the entire board of directors prior to hiring the executive. The executive.

Form 990, Part VI, Section C, line 19

The organization's 990 is available upon request and on the organization's website. The organization's Form 1023 is available upon request and may be inspected at the office of the organization. Copies of the organization's governing documents, conflict of interest policy, and statement of receipts and disbursements are available to the public upon request and they may be inspected at the office of the organization.

Filing and Contact Details

Filer

Filer Name
Hairy Cell Leukemia Foundation
EIN
36-3327001
In Care Of
% BRIAN FRIEDMAN
Phone
2243557201
Address
575 Madison Ave 10th Floor, New York, NY 10022

Signing Officer

Name
Kenneth Jensen
Title
Treasurer
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth Jensen
Formed
1984
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
1
Volunteers
8

Preparer

Firm
Mowery & Schoenfeld LLC
Address
475 Half Day Road Suite 250, Lincolnshire, IL 60069
Preparer
Diana L Zirkelbach
Phone
8472478959
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 4D

Other Program service accomplishments: THE HAIRY CELL LEUKEMIA FOUNDATION HOSTED A 2-DAY ANNUAL CONFERENCE WHICH CONSISTED OF A SCIENTIFIC MEETING AND A FREE PATIENT SEMINAR IN 2016. THIS INTERNATIONAL CONFERENCE BROUGHT TOGETHER 100+ PATIENTS AND THEIR FAMILY MEMBERS AND 40 PHYSICIANS SPECIALIZING IN HAIRY CELL LEUKEMIA TO LEARN FROM EACH OTHER. AT EACH EVENT, A PANEL OF HCL EXPERTS PRESENTED THE LATEST ADVANCEMENTS IN THE DIAGNOSIS AND TREATMENT OF HAIRY CELL LEUKEMIA FOLLOWED BY A QUESTION AND ANSWERS SESSION. THE HAIRY CELL LEUKEMIA FOUNDATION PROVIDED PATIENT SUPPORT SERVICES WHICH INCLUDE A WEBSITE PORTAL TO ANSWER QUESTIONS, PHONE NUMBER, AND MAILING INFORMATION TO PATIENTS. THESE SERVICES BENEFIT APPROXIMATELY 600 PATIENTS.

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IRS990/Desc0Grant to the Ohio State University for the creation of the Hairy Cell Leukemia Research Data Registry. The research data registry will aggregate the clinical data of a small and geographically diverse patient population. This registry will help researchers identify new trends in outcomes, recognize the most effective treatments, discover previously unknown complications of hairy cell leukemia and design clinical trials for new therapies.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Research grants to advance the understanding of the biology and treatment of hairy cell leukemia were made to The Ohio State University, University of Perugia and Semmelweis University.
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IRS990/ProgSrvcAccomActy3Grp/Desc0The Hairy Cell Leukemia Foundation held a meeting of the members of its scientific advisory board which consists of experts in the diagnosis, treatment and research of Hairy Cell Leukemia. The meeting allowed 40 members of the scientific advisory board to discuss i) current Hairy Cell Leukemia research and treatment options and ii) future opportunities for collaborative research projects. Immediately following the scientific advisory board meeting, these 30 doctors participated in the patient seminar described in Schedule O.
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Grant recipients are required to provide a final narrative and financial report by January 31 which shall include: a narrative account of what was accomplished by the expenditure of funds and a financial accounting of grant expenditures incurred.
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