Nabu Global INC FY2020 filing

Tax-deductible

New York, NY501(c)(3)EducationEIN 90-0888570Revenue $1.2M in FY2020

On file with the IRSnabu.org110 E 25th St, 10010-2913 · New York, NYTax-exempt since May 2014Publicly supported charity — 170(b)(1)(A)(vi)

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NABU's mission is to solve the global literacy crisis, so that all children can read and rise to their full potential

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$102K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $81K a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$102K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 9.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
10
named funders · $497K
Looks good: 10 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$233K
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
Spent
$904K
To programs
77%
Net assets
$800K
By yearFY2020–FY2024
Revenue
$1.2M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$1.3M
FY2022$3.2M
FY2023$3.8M
FY2024$1.7M
Expenses
$904K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$904K
FY2021$1.4M
FY2022$2.6M
FY2023$3.6M
FY2024$3.1M
Net assets
$800K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$800K
FY2021$661K
FY2022$1.3M
FY2023$1.5M
FY2024$48K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $692K Management & general 12% · $105K Fundraising 12% · $107K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $102K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$102,495Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Camille Park’s $210K as COO is at the 84th percentile of top reported officer pay among 3395 $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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Tanyella Evans$112,500$225,000$250,000$150,000$102,495
Camille Park$209,922————
Nicole White—$167,595———
Colleen Furman—$155,001$128,462——
Christopher Barr—$147,062$138,497——
David Acree$113,167————
Filippa L Choremi—$101,000———
Isabel Sheinman$100,206————

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowering children worldwide to read and reach their full potential.

Provided by the organization

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3 programs · $635K · in their own filed words · FY2020
01

Program in Rwanda and Democratic Republic Congo

In 2020, NABU reached 40,000 children and families on our digital reading application in Rwanda. In addition, NABU developed a pipeline of local authors and illustrators, ran writer workshops, and created published original mother tongue children's stories in Kinyarwanda.

$332Kprogram expense
02

Content Development and Technology

$169Kprogram expense
03

Program in Haiti

Throughout 2020, NABU continued to maintain an active program in Haiti distributing Haitian Creole mother tongue books on our digital reading platform and through school partnerships.

$133Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 10 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Gifts and grantsLn 1h$1.2M
Other incomeLn 4–11$13K
Money outPt IX
$904K
Ln 25
Programscol B$692K
Managementcol C$105K
Fundraisingcol D$107K
Owns and owesPt X
$800K
net assets · Ln 32
Cash and savingsLn 1–2$715K
Total assetsLn 16$1.0M
LiabilitiesLn 26$233K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Government grantsLn 1e$53K
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Other incomeLn 4–11$13K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$715K
SavingsLn 2$0
Cash and savings togetherLn 1–2$715K
Land, buildings, equipmentLn 10c$20K
Other assetsLn 15$129K
Total assetsLn 16$1.0M
LiabilitiesLn 26$233K
Net assetsLn 32$800K
OperationsPt I, VI
EmployeesI 54
VolunteersI 68
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$276K$715K
Land, buildings, equipmentLn 10c$11K$20K
Total assetsLn 16$571K$1.0M
LiabilitiesLn 26$100K$233K
Net assetsLn 32$471K$800K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$102K$72K$5K$26K
Other salaries and wagesLn 7$105K$39K$12K$54K
Other employee benefitsLn 9$15K$12K$275$2K
Payroll taxesLn 10$34K$24K$5K$5K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$34K$34K
Other fees for servicesLn 11g$332K$327K$1K$4K
Advertising and promotionLn 12$26K$14K$12K
Office expensesLn 13$3K$386$2K$784
Information technologyLn 14$59K$58K$474$409
OccupancyLn 16$13K$5K$8K
TravelLn 17$9K$8K$484
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$112K$108K$3K
InsuranceLn 23$4K$1K$3K
Other expenses (24a–d)Ln 24$51K$23K$26K$1K
All other expensesLn 24e$2K$893$253$597
Total functional expensesLn 25$904K$692K$105K$107K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.7M$3.1M−$1.4M$48K 990 PDF
FY2023 $3.8M$3.6M$175K$1.5M 990 PDF
FY2022 $3.2M$2.6M$655K$1.3M 990 PDF
FY2021 $1.3M$1.4M−$139K$661K 990 PDF
FY2020 Viewing $1.2M$904K$329K$800K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $1,233,174 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $726,600$1,219,719
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $15,438$13,455
I-12 Total revenuePrior year $742,038$1,233,174
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $260,578$255,494
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $436,030$648,544
I-18 Total expensesPrior year $696,608$904,038
I-19 Revenue less expensesPrior year $45,430$329,136
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,233,174 across 10 lines filed
Lines not itemized here account for $13,455 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$53,069
VIII-1f All other contributions, gifts and grants$1,160,807
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$1,219,719
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $13,455 · Unrelated business $0 · Excluded from tax $0$1,233,174
Part IX · Statement of functional expenses $904,038 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $71,746 · Management $5,125 · Fundraising $25,624$102,495
IX-7 Other salaries and wagesPrograms $38,696 · Management $11,504 · Fundraising $54,388$104,588
IX-9 Other employee benefitsPrograms $12,342 · Management $275 · Fundraising $2,057$14,674
IX-10 Payroll taxesPrograms $24,418 · Management $4,513 · Fundraising $4,806$33,737
IX-11b Legal feesManagement $3,136$3,136
IX-11c Accounting feesManagement $33,798$33,798
IX-11g Other fees for servicesPrograms $326,696 · Management $1,192 · Fundraising $4,490$332,378
IX-12 Advertising and promotionPrograms $13,679 · Fundraising $11,827$25,506
IX-13 Office expensesPrograms $386 · Management $1,940 · Fundraising $784$3,110
IX-14 Information technologyPrograms $57,705 · Management $474 · Fundraising $409$58,588
IX-16 OccupancyPrograms $4,695 · Management $8,140$12,835
IX-17 TravelPrograms $8,071 · Fundraising $484$8,555
IX-20 InterestManagement $2,164$2,164
IX-22 Depreciation, depletion and amortizationPrograms $108,370 · Management $3,177$111,547
IX-23 InsurancePrograms $1,302 · Management $3,137$4,439
IX-24 Other expenses (24a–d)Programs $23,135 · Management $26,112 · Fundraising $1,498$50,745
IX-24e All other expensesPrograms $893 · Management $253 · Fundraising $597$1,743
IX-25 Total functional expensesPrograms $692,134 · Management $104,940 · Fundraising $106,964$904,038
Part X · Balance sheet $1,032,886 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $276,078$714,918
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$158,458
X-4 Accounts receivableStart of year $160,708$3,366
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $6,924$6,870
X-10c Land, buildings and equipment, netStart of year $10,582$20,155
X-15 Other assetsStart of year $116,529$129,119
X-16 Total assetsStart of year $570,821$1,032,886
X-17 Accounts payable and accrued expensesStart of year $60,592$82,821
X-24 Unsecured notes and loans payable$150,000
X-26 Total liabilitiesStart of year $99,892$232,821
X-27 Net assets without donor restrictionsStart of year $169,221$50,407
X-28 Net assets with donor restrictionsStart of year $301,708$749,658
X-32 Total net assets or fund balancesStart of year $470,929$800,065
X-33 Total liabilities and net assetsStart of year $570,821$1,032,886
Part XI · Reconciliation of net assets $800,065 net assets at year end
XI-1 Total revenue$1,233,174
XI-2 Total expenses$904,038
XI-3 Revenue less expenses$329,136
XI-4 Net assets at start of year$470,929
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$800,065

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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