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Nonprofiteer
← NABU GLOBAL INC

Form 990 for tax year 2024

Filed by NABU GLOBAL INC.

Totals

Total revenue
$1,717,897
Total expenses
$3,144,670
Contributions and grants received
$1,714,631
Grants paid
$14,868
Program service revenue
$0
Investment income
$0
Other revenue
$3,266
Total assets, end of year
$362,165
Total liabilities, end of year
$314,516
Net assets or fund balances, end of year
$47,649
Program services expenses (Part IX)
$2,148,918
Management and general expenses
$572,991
Fundraising expenses
$422,761
Program service expenses (Part III)
$2,148,918

Program services were 68.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,714,631

  • 10a · Gross sales of inventory

    $3,266

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $3,266 · related or exempt $3,266

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $14,868 · program services $14,868

  • 5 · Compensation of officers, directors and key employees

    total $446,866 · program services $312,806 · management and general $67,030 · fundraising $67,030

  • 7 · Other salaries and wages

    total $1,303,895 · program services $861,835 · management and general $226,289 · fundraising $215,771

  • 9 · Other employee benefits

    total $125,986 · program services $83,763 · management and general $21,569 · fundraising $20,654

  • 10 · Payroll taxes

    total $187,102 · program services $125,456 · management and general $31,393 · fundraising $30,253

  • 11b · Fees: legal

    total $1,343 · program services $1,343

  • 11c · Fees: accounting

    total $26,757 · program services $9,849 · management and general $16,908

  • 11g · Fees: other

    total $601,968 · program services $469,965 · management and general $88,648 · fundraising $43,355

  • 12 · Advertising and promotion

    total $71,235 · management and general $71,235

  • 13 · Office expenses

    total $101,368 · program services $84,127 · management and general $13,281 · fundraising $3,960

  • 14 · Information technology

    total $78,300 · program services $52,502 · management and general $13,137 · fundraising $12,661

  • 16 · Occupancy

    total $29,797 · program services $24,802 · management and general $3,121 · fundraising $1,874

  • 17 · Travel

    total $79,919 · program services $62,292 · management and general $1,350 · fundraising $16,277

  • 20 · Interest

    total $7,692 · management and general $7,692

  • 22 · Depreciation, depletion and amortization

    total $62,960 · program services $42,216 · management and general $10,564 · fundraising $10,180

  • 23 · Insurance

    total $4,614 · program services $3,094 · management and general $774 · fundraising $746

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $502,687 · end of year $223,756

  • 3 · Pledges and grants receivable

    beginning of year $1,036,667 · end of year $37,826

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,167 · end of year $2,963

  • 10a · Land, buildings and equipment: cost or other basis

    $802,527

  • 10b · Land, buildings and equipment: accumulated depreciation

    $705,732

  • 10c · Land, buildings and equipment, net

    beginning of year $21,223 · end of year $96,795

  • 14 · Intangible assets

    beginning of year $122,680

  • 15 · Other assets

    beginning of year $825 · end of year $825

  • 17 · Accounts payable and accrued expenses

    beginning of year $67,962 · end of year $164,516

  • 24 · Unsecured notes and loans payable

    beginning of year $150,000 · end of year $150,000

  • 27 · Net assets without donor restrictions

    beginning of year $144,628 · end of year -$105,880

  • 28 · Net assets with donor restrictions

    beginning of year $1,335,659 · end of year $153,529

Mission and programs · 2024

Mission

NABU'S MISSION IS TO SOLVE THE GLOBAL LITERACY CRISIS BY PROVIDING CULTURALLY RELEVANT, BILINGUAL STORYBOOKS IN MOTHER TONGUE LANGUAGES SO THAT EVERY CHILD CAN READ AND RISE TO THEIR FULL POTENTIAL. THROUGH INNOVATIVE TECHNOLOGY AND STRATEGIC PARTNERSHIPS, WE ARE CREATING A WORLD WHERE LITERACY IS ACCESSIBLE TO ALL.

Activities or mission (Part I)

CONTINUED WORKING ON THE READ FOR RESILIENCE AND COMPASSION COLLECTIONS. THESE ARE TWO PREMIUM CHILDREN BOOK COLLECTIONS. WE PARTNERED WITH WREXHAM FOOTBALL CLUB TO CREATE A CHILDREN'S BOOK RELATED TO THE WREXHAM FOOTBALL CLUB. WE CONTINUED TO EXPAND OUR REACH AND IMPACT IN WESTERN AFRICA THROUGH A GRANT WITH THE IHUB MASTERCARD GRANT.

  • GLOBALLY, LOW-COST SMARTPHONES HAVE BECOME INCREASINGLY ACCESSIBLE AND AFFORDABLE TO EVEN THE MOST UNDERPRIVILEGED COMMUNITIES AROUND THE GLOBE. NABU'S PRIMARY MEANS OF DISTRIBUTING OUR FREE LIBRARY OF MOTHER TONGUE CHILDREN'S BOOKS IS THROUGH OUR FREE, LOW-BANDWIDTH MOBILE APP, AVAILABLE IN COUNTRY-SPECIFIC FORMATS IN RWANDA, KENYA, HAITI, ROMANIA, AND THE PHILIPPINES. WE ALSO HAVE A GLOBAL VERSION OF OUR APP, WHICH IS ACCESSIBLE ACROSS OTHER COUNTRIES. OUR ORIGINAL CHILDREN'S BOOKS ARE ALSO AVAILABLE FOR DOWNLOAD AND USE OFFLINE. AS OF DECEMBER 2024, WE REACHED 12M PEOPLE GLOBALLY THROUGH OUR APP AND CULTURALLY RELEVANT STORY BOOKS SINCE FOUNDING.

    Expenses $1,624,792 · Grants $14,868

  • THROUGH THE BRIDGE TO LITERACY (BTL) PROGRAM, NABU WORKS WITH LOCAL PARTNERS AROUND THE WORLD, PARTICULARLY NGO'S, LOCAL GOVERNMENTS, COMMUNITY-BASED ORGANIZATIONS AND SCHOOLS TO REACH AS MANY CHILDREN AND FAMILIES AS POSSIBLE WITH NABU'S FREE STORIES. PARTNERS HELP ONBOARD FAMILIES AND MOTIVATE THEM TO READ WITH THEIR CHILDREN EVERY DAY TO BOOST THE CULTURE OF READING ACROSS OUR PROGRAM COUNTRIES.

    Expenses $366,888

  • THROUGH THE AUTHENTIC BOOK CREATION LAB, NABU'S GLOBAL CREATIVE TEAM WORKS WITH LOCAL CREATORS IN THE COMMUNITIES AND CULTURES WHERE WE WORK TO PUBLISH COLLECTIONS OF AUTHENTIC, CULTURALLY RELEVANT CHILDREN'S BOOKS IN MOTHER TONGUE LANGUAGES. OUR GOAL IS TO ENSURE THAT EVERY CHILD HAS FREE ACCESS TO THE ESSENTIAL BOOKS THAT THEY REQUIRE TO LEARN TO READ. OUR CREATIVE PROCESS PROVIDES A PLATFORM FOR AUTHORS TO PUBLISH FUN, BILINGUAL CHILDREN'S BOOKS, WHILE HONORING AND PRESERVING CULTURAL HERITAGE AND EMPOWERING CHILDREN TO SEE THEMSELVES AND THEIR LIVES REFLECTED IN THE PAGES OF THE STORIES THEY READ. IN 2024, WE WORKED WITH CREATIVES AROUND THE WORLD TO AUTHOR, ILLUSTRATE, AND PUBLISH 176 CHILDREN'S STORIES IN 11 LANGUAGES.

    Expenses $157,238

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Isabel Sheinman

    CEO (STARTING 7/24)

    Total calculated
    $106,265
    From this org
    $100,206
    From related orgs
    $0
    Other
    $6,059
    Hours/week
    40
  • Tanyella Evans

    CEO (THROUGH 6/24)

    Total calculated
    $118,559
    From this org
    $112,500
    From related orgs
    $0
    Other
    $6,059
    Hours/week
    40
  • Camille Park

    COO

    Total calculated
    $222,042
    From this org
    $209,922
    From related orgs
    $0
    Other
    $12,120
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,922
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $12,120
    Filer's total
    $222,042
  • Kelly Gallagher

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • Damien Vanderwilt

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Kathryn Ritchie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kweku Mandela

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sashi Dias Valtz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Deanna Lane

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Diana Cohn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Taylor Jean-Jacques

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Helen Lawther

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Acree

    CONTROLLER

    Total calculated
    $125,287
    From this org
    $113,167
    From related orgs
    $0
    Other
    $12,120
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
15 November 2025
IRS schema version
2024v5.2
Source object
202533199349300418

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