LEUKEMIA RESEARCH FOUNDATION

EIN: 366102182 501(c)(3) Medical Research

NORTHFIELD, IL

Total Revenue
$2,495,610
Total Expenses
$2,610,071
Total Assets
$6,882,073
Net Assets
$4,086,662
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
IL
Principal Officer
KEVIN RADELET
Phone
8474240600
Tax Period
2023-07-01 to 2024-06-30

LEUKEMIA RESEARCH FOUNDATION, founded in 1951, is a community nonprofit in the Medical Research sector that reported $2.5M in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring.

Mission

TO CURE LEUKEMIA BY FUNDING INNOVATIVE RESEARCH, AND TO SUPPORT PATIENTS AND FAMILIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,349,551
Program Service Revenue $0
Investment Income $141,261
Other Revenue $4,798
TOTAL REVENUE $2,495,610

Expense Breakdown

Grants Paid $1,657,011
Salaries & Benefits $682,621
Fundraising Expenses $235,611
Program Expenses $2,128,586
Other Expenses $270,439
TOTAL EXPENSES $2,610,071

Year-over-Year Comparison

2023 2022 Change
Revenue $2,495,610 $4,193,244 -0.4%
Expenses $2,610,071 $3,582,485 -0.3%
Net Income $-114,461 $610,759 -1.2%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
14
Employees
7
Volunteers
500

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$173,135
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BLAKE BRANDWEIN PRESIDENT 0.50
Officer Director
$0 $0 $0
GERALD BRIN TREASURER 0.50
Officer Director
$0 $0 $0
PATTY MIX SECRETARY 0.50
Officer Director
$0 $0 $0
ROBERT GRABEMANN GENERAL COUNSEL 0.50
Director
$0 $0 $0
TAMAR UZIEL AT LARGE MEMBER 0.50
Director
$0 $0 $0
JAIME MORAN AT LARGE MEMBER 0.50
Director
$0 $0 $0
JOE GARBARSKI AT LARGE MEMBER 0.50
Director
$0 $0 $0
TODD HOLMES AT LARGE MEMBER 0.50
Director
$0 $0 $0
FRANK MARTINEZ AT LARGE MEMBER 0.50
Director
$0 $0 $0
LARRY MIX AT LARGE MEMBER 0.50
Director
$0 $0 $0
RANDI SCHULLO AT LARGE MEMBER 0.50
Director
$0 $0 $0
STEVE WILENSKY AT LARGE MEMBER 0.50
Director
$0 $0 $0
SAVYON AMIT VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
RONG CHEN AT LARGE MEMBER 0.50
Director
$0 $0 $0
KEVIN RADELET EXECUTIVE DIRECTOR 37.50
Officer
$153,786 $19,349 $173,135
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $2,495,610 $2,610,071 $6,882,073 $-114,461
2023 $4,193,244 $3,582,485 $6,864,748 $610,759
2022 $2,910,174 $2,501,059 $5,035,074 $409,115
2021 $2,562,072 $2,472,196 $4,522,929 $89,876
2020 $2,620,594 $2,460,482 $4,154,136 $160,112
2019 $2,386,635 $2,371,139 $3,878,638 $15,496
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