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We Need Diverse Books

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471786302 ✦ Bethesda, MD ✦ Designated as a 501(c)(3)

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Overview

What is We Need Diverse Books?

We Need Diverse Books is a nonprofit organization committed to promoting diversity in children's literature. Their primary focus is providing financial assistance to college students who are passionate about the publishing industry and advocating for literature featuring diverse characters. By offering internships, they aim to create a world where every child can see themselves reflected in the stories they read, fostering an inclusive and representative literary landscape.


Official website here: www.diversebooks.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Star rating)

We Need Diverse Books has achieved an impressive rating of 85%, reflecting a solid performance in accountability and finance. With a score of 93% in this category, the organization demonstrates strong governance practices, including an independent board that meets the majority requirement and robust financial oversight. Notably, there are no issues with material asset diversion, indicating responsible financial management.

However, the organization has some areas for improvement, particularly in governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention policy are notable gaps that could enhance transparency and accountability. While these limitations detract slightly from their overall score, the organization excels in program expense ratio, dedicating over 84% of its budget to its mission-related activities.

In terms of culture and community, We Need Diverse Books scored a perfect 100%, showcasing its commitment to inclusivity and feedback-driven practices. The organization effectively collects and utilizes feedback to improve its operations, which speaks to its responsiveness and dedication to its mission of promoting diversity in literature for children and young adults. Overall, this nonprofit demonstrates strong capabilities but could benefit from refining its governance frameworks.


This AI summary has been generated from information found on Charity Navigator.

Is We Need Diverse Books legitimate?

We Need Diverse Books is a legitimate nonprofit organization registered as a 501(c)(3) entity. We Need Diverse Books submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $113,048
Professional Fundraising Fees: $0
Other Salaries and Wages: $143,895

For more financial information, click here


Official website here: www.diversebooks.org

What is the mission statement of We Need Diverse Books?

We Need Diverse Books, as an organization, strives to establish a literary landscape where individuals from all backgrounds can identify with the characters in the books they read. Their mission is to put diverse books into the hands of children, thereby fostering a world where everyone can find themselves reflected in literature. To achieve this, they offer an internship program that provides financial support to diverse college students interested in the publishing industry, with the ultimate goal of increasing representation of diverse characters in books.


Official website here: www.diversebooks.org

Who is the CEO of We Need Diverse Books?

Ellen Oh is the CEO of We Need Diverse Books The CEO's salary of We Need Diverse Books is $0 and their total compensation is $0.


Official website here: www.diversebooks.org

What is the revenue of We Need Diverse Books?

We Need Diverse Books's revenue in 2024 was $1,840,875.


Official website here: www.diversebooks.org

Who are the executives of We Need Diverse Books and what are their salaries?

The average compensation at We Need Diverse Books during 2024 was $85,648. There are 3 employees and 131 volunteers at We Need Diverse Books.

Here are 11 key members and their salaries (We Need Diverse Books's CEO's salary is $0 and their total compensation is $0):


Ellen Oh (President And Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dhonielle Clayton (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Bookey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zoraida Cordova (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hena Khan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Minh Le (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angeline Boulley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roxane Gay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cornelius Minor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leuyen Pham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Richmond (Executive Director)
  • Compensation: $113,048
  • Related: $0
  • Other: $0


Official website here: www.diversebooks.org

Where can I find the form 990 for We Need Diverse Books?

We Need Diverse Books's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.diversebooks.org

Learn more at the official website: www.diversebooks.org

Mission Statement of We Need Diverse Books

We Need Diverse Books, as an organization, strives to establish a world where individuals from all backgrounds can see themselves reflected in the stories they read. Through its mission, We Need Diverse Books aims to create a literature landscape that is inclusive and representative, ensuring that every child has the opportunity to find themselves within the pages of a book. To accomplish this, the nonprofit provides funding for diverse college students interested in pursuing careers in publishing, thereby increasing the number of diverse books available for children. By fostering a literary environment that reflects the diversity of its readers, We Need Diverse Books seeks to empower and connect individuals from various backgrounds, ultimately fostering a more inclusive and empathetic society.

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Impact




July, 2024

We Need Diverse Books has had a significant impact on the literary world by championing for more diverse representation in books. Their efforts have led to increased visibility and availability of books featuring diverse characters, allowing readers of all backgrounds to see themselves reflected in the stories they read. Additionally, through initiatives like the wndb internship program, they are actively working to support diverse individuals in pursuing careers in the publishing industry. Overall, We Need Diverse Books is helping to create a more inclusive and representative literary landscape for readers of all ages.




This information is meant to be a general summary of We Need Diverse Books. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,840,875 (2024)
Expenses
$1,125,170 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $61,569
  • Program Service Revenue: $349,800
  • Gross Receipts: $1,840,875

Assets and Liabilities:

  • Total Assets: $1,284,821
  • Total Liabilities: $37,754
  • Net Assets: $1,247,067

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEES FOR SERVICES

Revenue

$349,800

Organization Details

Founding Year

2014

Principal Officer

Caroline Richmond

NTEE Category

Code: B92 - Education

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