Civic Intelligence

CLL Global Research Foundation Co Michael Keating

990 • Fiscal year 2018 • EIN 88-0517430

Jan 01, 2018 to Dec 31, 2018 • Filed on May 01, 2019

1515 Holcombe Blvd Unit 428Houston, TX 77030

(713) 745-2376

Siviq Scores

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

Liabilities / Assets

34th percentile

0.09x

Higher debt load relative to assets than 34% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

58th percentile

0.32x

Higher debt load relative to revenue than 58% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

81st percentile

26%

Higher net margin than 81% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

19th percentile

$88,406

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

67th percentile

6.6%

Faster asset growth than 67% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

88th percentile

46%

Faster revenue growth than 88% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$10,751,605

Up $665,439 (+6.6%) from 2017

Net Assets

Up

$9,809,161

Up $502,064 (+5.4%) from 2017

Liabilities

Up

$942,444

Up $163,375 (+21%) from 2017

Revenue

Up

$2,953,861

Up $935,950 (+46%) from 2017

Expenses

Up

$2,184,123

Up $383,865 (+21%) from 2017

Net Income

Up

$769,738

Up $552,085 (+254%) from 2017

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $8,782,166Liabilities 2010: $628,257Net Assets 2010: $8,153,9092010Assets 2011: $8,020,254Liabilities 2011: $998,811Net Assets 2011: $7,021,4432011Assets 2012: $9,075,945Liabilities 2012: $962,759Net Assets 2012: $8,113,1862012Assets 2013: $8,338,745Liabilities 2013: $1,347,991Net Assets 2013: $6,990,7542013Assets 2014: $9,337,548Liabilities 2014: $928,685Net Assets 2014: $8,408,8632014Assets 2015: $9,655,956Liabilities 2015: $1,135,717Net Assets 2015: $8,520,2392015Assets 2016: $9,879,593Liabilities 2016: $773,731Net Assets 2016: $9,105,8622016Assets 2017: $10,086,166Liabilities 2017: $779,069Net Assets 2017: $9,307,0972017Assets 2018: $10,751,605Liabilities 2018: $942,444Net Assets 2018: $9,809,1612018Assets 2019: $11,232,544Liabilities 2019: $1,209,393Net Assets 2019: $10,023,1512019Assets 2020: $11,845,226Liabilities 2020: $1,360,372Net Assets 2020: $10,484,8542020Assets 2021: $12,430,009Liabilities 2021: $2,039,821Net Assets 2021: $10,390,1882021Assets 2022: $10,938,772Liabilities 2022: $2,088,716Net Assets 2022: $8,850,0562022Assets 2023: $12,019,246Liabilities 2023: $2,876,858Net Assets 2023: $9,142,3882023Assets 2024: $11,594,434Liabilities 2024: $2,181,290Net Assets 2024: $9,413,1442024

Highlighted filing

2018

Assets$10,751,605
Liabilities$942,444
Net Assets$9,809,161

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,173,9942010Expenses 2011: $3,209,0482011Expenses 2012: $1,476,2902012Revenue 2013: $2,167,481Expenses 2013: $3,248,524Net Income 2013: -$1,081,0432013Revenue 2014: $1,837,893Expenses 2014: $385,781Net Income 2014: $1,452,1122014Revenue 2015: $2,184,044Expenses 2015: $1,981,687Net Income 2015: $202,3572015Revenue 2016: $2,242,471Expenses 2016: $1,722,046Net Income 2016: $520,4252016Revenue 2017: $2,017,911Expenses 2017: $1,800,258Net Income 2017: $217,6532017Revenue 2018: $2,953,861Expenses 2018: $2,184,123Net Income 2018: $769,7382018Revenue 2019: $1,825,114Expenses 2019: $1,980,059Net Income 2019: -$154,9452019Revenue 2020: $2,331,974Expenses 2020: $2,430,026Net Income 2020: -$98,0522020Revenue 2021: $2,747,960Expenses 2021: $3,008,640Net Income 2021: -$260,6802021Revenue 2022: $1,719,451Expenses 2022: $2,136,724Net Income 2022: -$417,2732022Revenue 2023: $2,535,609Expenses 2023: $3,129,589Net Income 2023: -$593,9802023Revenue 2024: $3,057,835Expenses 2024: $3,450,542Net Income 2024: -$392,7072024

Highlighted filing

2018

Revenue$2,953,861
Expenses$2,184,123
Net Income$769,738
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 1, 2019
Return Version
2018v3.1
Gross Receipts
$8,763,243
Mission and Program Overview

Mission

Our mission is to abolish chronic lymphocytic leukemia (CLL) as a threat to the life and health of patients by accelerating CLL research.

CLL Global Research Foundation is committed to accelerating progress toward the control and cure of chronic lymphocytic leukemia. CLL Global provides grant support to investigators with novel ideas which could lead to new therapies and tools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,789,821$4,629,978▼ $1,159,843
Cash and Non-Interest-Bearing Accounts$3,154,728$2,733,573▼ $421,155
Savings and Temporary Cash Investments$1,044,136$2,273,495▲ $1,229,359
Pledges and Grants Receivable$97,481$1,114,559▲ $1,017,078
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$10,086,166$10,751,605▲ $665,439
Other Assets Total-$0-
Liabilities
Grants Payable$751,373$895,996▲ $144,623
Accounts Payable and Accrued Expenses$27,696$46,448▲ $18,752
Total Liabilities$779,069$942,444▲ $163,375
Net Assets / Fund Balance
Unrestricted Net Assets$9,209,626$8,694,602▼ $515,024
Temporarily Rstr Net Assets$97,471$1,114,559▲ $1,017,088
Total Net Assets Fund Balance$9,307,097$9,809,161▲ $502,064
Total Liabilities and Net Assets / Fund Balance$10,086,166$10,751,605▲ $665,439
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sam Margaret PaceCDOPT$63,406-$88,406
Michael J KeatingPresident & CEOPT$32,867$25,000$32,867

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,837,739
Program Service Revenue
$0
Investment Income
$116,122
Other Revenue
$0
All Other Contributions
$2,837,739
Change in Net Assets
$769,738

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,911,519
Revenue Not Reported on Financial Statements
$42,342
Revenue Not Reported on Form 990
$-171,401
Total Revenue per Audited Statements
$2,740,118
Total Revenue per Form 990
$2,953,861
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,868,175
Other Expenses$275,948
Salaries, Compensation, and Employee Benefits$40,000
Total Fundraising Expense$35,878
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,389,750--$1,389,750
Foreign Grants$478,425--$478,425
Conferences and Meetings$155,220$7,125$31$162,376
Fees for Service Investment Mgmnt Fees-$42,342-$42,342
Information Technology$11,197$6,639$7,358$25,194
Current Officers, Directors, Trustees, and Key Employees$12,000$5,250$7,750$25,000
Other Salaries and Wages$7,200$3,150$4,650$15,000
Fees for Services Accounting-$14,325-$14,325
Travel$11,975--$11,975
Office Expenses-$1,811$7,667$9,478
Fees for Services Other--$8,422$8,422
Fees for Services Legal-$1,836-$1,836
Total Functional Expenses$2,065,767$82,478$35,878$2,184,123

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,238,054
Total Expenses per Form 990$2,184,123
Expenses per Audited Statements$2,141,781
Expenses Not Reported on Form 990$96,273
Expenses Not Reported on Financial Statements$42,342
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
MD Anderson Cancer CtrHouston, TX501(c)(3)CLL research grant,Alliance,Invctus$1,289,750
Ohio State UniversityColumbus, OH501(c)(3)CLL research grant, Alliance$100,000

International Summary

Spending
$478,425

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
East Asia & the PacificGrantmaking-00$378,425
Middle East and North AfricaGrantmaking-00$100,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Mark KeatingOfficer's sonIT service feesNo$19,826

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$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
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
No
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, Line 11B: Form 990 Review Process

A draft of the 990 is sent to the board of directors in advance of the April/May board meeting. The board reviews the 990 in advance and during the meeting. A formal motion is considered to approve and submit the 990 filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each Board member is required to make an annual disclosure of any conflicts. A Board meeting is then held to review any disclosed conflicts.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

These documents are provided upon request.

Filing and Contact Details

Filer

Filer Name
CLL Global Research Foundation
EIN
88-0517430
Phone
7137452376
Address
1515 Holcombe Blvd Unit 428, Houston, TX 77030

Signing Officer

Name
Michael J Keating
Title
President & CEO
Signed
2019-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael J Keating
Formed
2003
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
11
Employees
0
Volunteers
50

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027-5132
Preparer
Jody Blazek
Phone
7134395739
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IRS990/Desc0RESEARCH GRANTS: The CLL Global Research Foundation's primary activity is to accelerate research. The need is urgent to accelerate promising, untapped areas of research. CLL Global provides grants through several mechanisms to fund novel, patient-oriented concepts. The intention is to fund the best CLL science in the world. In particular, CLL Global targets monoclonal antibodies, prognostic factors, vaccines & gene therapy, CLL survival pathway, genetics, molecular targets, and drug development. A Scientific Advisory Board develops the research priorities and oversees the development and implementation of the submission, evaluation and funding process for grant application cycles. SAB members have extensive experience in treating CLL patients, developing new drugs and other tools, and studying various aspects of the disease. The research grant section also allows support of postdoctoral fellows conducting a CLL specific project. In 2018, CLL Global did not award any new research/individual grants. Applicants initially submit proposals for up to $100,000 in funding for one year. Applicants identify project milestones. Upon demonstration of sufficient progress, investigators will be considered for a second year of funding.
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IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION: CLL Global Research Foundation hosts annual interactive patient education events where CLL patients learn about emerging therapies, current treatment options and support resources from leading CLL experts. In 2018 we hosted patient education events in Houston, Texas, and in Portland, Oregon. The events give patients an opportunity to meet and connect with experts, other patients, survivors, and care partners, all who have been affected by CLL. We also provided support for the international workshop on CLL (iwCLL) conference held in New York, New York.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ALLIANCE: The U.S./European Alliance for the Therapy of CLL (Alliance) is comprised of 30 individuals from the United States and Europe, representing the world's experts in CLL research. The members are divided into working groups focusing on one of five big ideas in CLL research (new drugs, gene/vaccine therapy, genetics, CLL-stromal interactions, transplant/immune reconstitution). The Alliance was built to encourage close collaborations within and among working groups. As such, meetings are held to bring investigators together to collaborate. For 2018 there was $1,659,175 in Alliance grant expenses. For accounting purposes, CLL Global expenses grants at the time of completion of a sponsored research agreement.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.6$2.18$9.41$3.06$3.45$0.39
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$2.88$9.14$2.54$3.13$0.59
2022Detailed filing. Detailed filing data is available for this year.$10.9$2.09$8.85$1.72$2.14$0.42
2021Detailed filing. Detailed filing data is available for this year.$12.4$2.04$10.4$2.75$3.01$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$1.36$10.5$2.33$2.43$0.10
2019Detailed filing. Detailed filing data is available for this year.$11.2$1.21$10.0$1.83$1.98$0.15
2018Detailed filing. Detailed filing data is available for this year.$10.8$0.94$9.81$2.95$2.18$0.77
2017Detailed filing. Detailed filing data is available for this year.$10.1$0.78$9.31$2.02$1.80$0.22
2016Detailed filing. Detailed filing data is available for this year.$9.88$0.77$9.11$2.24$1.72$0.52
2015Detailed filing. Detailed filing data is available for this year.$9.66$1.14$8.52$2.18$1.98$0.20
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.34$0.93$8.41$1.84$0.39$1.45
2013Detailed filing. Detailed filing data is available for this year.$8.34$1.35$6.99$2.17$3.25$1.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.08$0.96$8.11$1.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.02$1.00$7.02$3.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.78$0.63$8.15$1.17