Libraries Without Borders EIN 68-0666319

Libraries Without Borders

EIN  68-0666319 Public charity (501(c)(3)) New York, NY
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Size
$1–10M
What they do
Brings knowledge and information to underserved communities in the US and Puerto Rico.
Leadership
Nina Safane · Executive Director · $125K
Money in and out
$1.2M revenue, $984K expenses
Bottom line
85% program efficiency

Brings knowledge and information to underserved communities in the US and Puerto Rico. For fiscal year 2024 it reported $1.2M in revenue, $984K in expenses, and $1.1M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$984K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $177K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.11 Fundraising $0.04
Program efficiency
85%
of spending reaches programs▲ +9% vs prior filing year
Operating runway
10.6mo
months of highly liquid reserves at operating expense rate▲ +104% vs prior filing year
Surplus margin
+15%
revenue over expenses, this year▼ -66% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.2M
FY2024▼ -31%
Expenses
$984K
FY2024▲ +6%
Total assets
$1.2M
FY2024▲ +17%
Total liabilities
$76K
FY2024▼ -10%
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$984K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$177K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

3 program services account for $687K of program spending, described in the organization's own filed words · FY2024.
01

Loza Vive!

Loiza, puerto rico is the center of afro-puerto rican life and one of the poorest communities on the island. With low levels of digital literacy amongst residents and significant changes to the community resulting from gentrification, hundreds of years of afro-puerto rican heritage are at risk of being lost.

$315Kprogram expense
02

Library Outreach

Connecticut state library: in 2024, LWB collaborated with the connecticut state library to host a series of workshops on the topic of reimagining library outreach and access. This included twelve total sessions covering ten different topics over the course of nine months.

$263Kprogram expense
03

Puerto Rico Library Directory

In 2024, LWB began working with libraries across puerto rico to create a centralized, digital directory that identifies the resources and services that libraries offer. This project will break down barriers to library access by increasing awareness of the resources and services offered by puerto rico's libraries.

$109Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLibraries Without Borders
EINHdr · item D68-0666319
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.librarieswithoutborders.us
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B19)
Ruling yearIRS BMFMar 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$124,855Pt VII · Sec A
$0Pt VII · Sec A
Deputy Chair
$0Pt VII · Sec A
Deputy Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Nina Safane’s $125K as Executive Director is at the 49th percentile of top reported officer pay among 3393 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Nina Safane$124,855
Aaron Greenberg$116,552$105,000
Nina Safane COO Until May$111,170
Aaron Greenburg$21,945

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$1.1M · 97%
Investment income$23K · 2%
Other revenue$7K · 1%
Contributions & grants97%$1.1M
Investment income2%$23K
Other revenue1%$7K
— government grantsLn 1e$100K
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.11 Fundraising $0.04
Program services85%$834K
Management & general11%$109K
Fundraising4%$41K
Total functional expensesLn 25$984K

Balance Sheet

Part X · end of year
CashLn 1$870K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$76K
Total net assetsLn 32$1.1M
Months of cash on handcomputed10.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $870K · Operating expenses/yr $984K
10.6 months
Where the money goes
Program services
Program services $834K · Total expenses $984K
85%
Management & General
Management & general $109K · Total expenses $984K
11%
Fundraising
Fundraising $41K · Total expenses $984K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $96K · Solicited contributions (3-yr avg) $1.0M
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.2M
97%
Government reliance
Government grants $100K · Total revenue $1.2M
9%
Earned-income share
Program service revenue $0 · Total revenue $1.2M
0%
Investment reliance
Investment income $23K · Total revenue $1.2M
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $984K
0%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $1.7M
-31%
Revenue CAGR
FY2020 $798K · FY2024 $1.2M
+10%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $984K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.1M · Total assets $1.2M
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nina Safane · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $125K · Total expenses $984K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $654K · Total expenses $984K
67%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 11%
Fundraising cost ratio 4%
Revenue growth -31%
Accounting fee ratio 5%
Fundraising fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.2M revenue · viewing · ⤓ 990 PDF
FY2023$1.7M revenue · ⤓ 990 PDF
FY2022$680K revenue · ⤓ 990 PDF
FY2021$1.3M revenue · ⤓ 990 PDF
FY2020$798K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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