Civic Intelligence

CLL Global Research Foundation Co Michael Keating

990 • Fiscal year 2015 • EIN 88-0517430

Jan 01, 2015 to Dec 31, 2015 • Filed on May 10, 2016

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

42nd percentile

0.12x

Higher debt load relative to assets than 42% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

71st percentile

0.52x

Higher debt load relative to revenue than 71% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

67th percentile

9.3%

Higher net margin than 67% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

28th percentile

$70,860

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

60th percentile

3.4%

Faster asset growth than 60% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

77th percentile

19%

Faster revenue growth than 77% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$9,655,956

Up $318,408 (+3.4%) from 2014

Net Assets

Up

$8,520,239

Up $111,376 (+1.3%) from 2014

Liabilities

Up

$1,135,717

Up $207,032 (+22%) from 2014

Revenue

Up

$2,184,044

Up $346,151 (+19%) from 2014

Expenses

Up

$1,981,687

Up $1,595,906 (+414%) from 2014

Net Income

Down

$202,357

Down $1,249,755 (-86%) from 2014

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

2015

Assets$9,655,956
Liabilities$1,135,717
Net Assets$8,520,239

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

2015

Revenue$2,184,044
Expenses$1,981,687
Net Income$202,357
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 10, 2016
Return Version
2015v2.0
Gross Receipts
$2,184,044
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$5,643,804$5,602,775▼ $41,029
Cash and Non-Interest-Bearing Accounts$2,652,410$2,814,480▲ $162,070
Savings and Temporary Cash Investments$1,040,768$1,041,044▲ $276
Pledges and Grants Receivable$566$197,657▲ $197,091
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$9,337,548$9,655,956▲ $318,408
Other Assets Total-$0-
Liabilities
Grants Payable$906,656$1,133,281▲ $226,625
Accounts Payable and Accrued Expenses$22,029$2,436▼ $19,593
Total Liabilities$928,685$1,135,717▲ $207,032
Net Assets / Fund Balance
Unrestricted Net Assets$8,408,863$8,322,768▼ $86,095
Temporarily Rstr Net Assets-$197,471-
Total Net Assets Fund Balance$8,408,863$8,520,239▲ $111,376
Total Liabilities and Net Assets / Fund Balance$9,337,548$9,655,956▲ $318,408
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sam Margaret PaceCDOPT$70,860$70,860
Michael J KeatingPresident & CEOPT$25,032$25,032
Diane LeeDirectorPT$18,253$18,253

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,045,113
Program Service Revenue
$0
Investment Income
$97,096
Other Revenue
$41,835
All Other Contributions
$2,045,113
Change in Net Assets
$202,357

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,184,044
Revenue Not Reported on Form 990
$-9,525
Total Revenue per Audited Statements
$2,174,519
Total Revenue per Form 990
$2,184,044
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,650,000
Other Expenses$258,677
Salaries, Compensation, and Employee Benefits$73,010
Total Fundraising Expense$47,855
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,450,000--$1,450,000
Foreign Grants$200,000--$200,000
Conferences and Meetings$184,758$3,151-$187,909
Current Officers, Directors, Trustees, and Key Employees$14,802$12,581$13,684$41,067
Information Technology$4,835$22,168$13,592$40,595
Comp Disqual Persons$11,513$9,786$10,644$31,943
Fees for Services Accounting-$10,260-$10,260
Fees for Services Other--$4,863$4,863
Office Expenses$957$2,383$198$3,538
Other Expenses$497$261$4,874$261
Fees for Services Legal-$63-$63
Total Functional Expenses$1,867,362$66,470$47,855$1,981,687

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,063,143
Expenses per Audited Statements$1,981,687
Total Expenses per Form 990$1,981,687
Expenses Not Reported on Form 990$81,456
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
MD Anderson Cancer CtrHouston, TX501(c)(3)CLL research grant$1,050,000
Dana-Farber Cancer InstitBrookline, MA501(c)(3)CLL research grant$100,000
Feinstein Inst for Med ReasWestbury, NY501(c)(3)CLL research grant$100,000
Mayo ClinicScottsdale, AZ501(c)(3)CLL research grant$100,000
Ohio State UniversityColumbus, OH501(c)(3)CLL research grant$100,000

International Summary

Spending
$200,000

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
EuropeGrantmaking-00$200,000
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$20,457

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
2016-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael J Keating
Formed
2003
Legal Domicile
TX
Voting Board Members
13
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/MissionDesc0Our mission is to abolish chronic lymphocytic leukemia (CLL) as a threat to the life and health of patients by accelerating CLL research.
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IRS990/PrincipalOfficerNm0Michael J Keating
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IRS990/ProgSrvcAccomActy2Grp/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 2015, CLL Global awarded $750,000 in 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/ProgSrvcAccomActy3Grp/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 2015 we hosted an event at MD Anderson Cancer Centers. Over 200 people attended the event in person with an additional 200+ participating on-line in real time. 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.
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Document Assets

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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