Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
EIN 20-1017609 • 501(c)3 • Brooklyn, NY
Profile
Words Without Borders' mission is to translate, publish, and actively promote the finest contemporary world literature.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Liabilities / Revenue
71st percentile
Higher debt load relative to revenue than 71% of similar nonprofits.
Net Margin
52nd percentile
Higher net margin than 52% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 10.1% of source-year revenue.
Asset Growth
41st percentile
Faster asset growth than 41% of similar nonprofits.
Revenue Growth
64th percentile
Faster revenue growth than 64% of similar nonprofits.
Assets
Up$402,599
Up $14,340 (+3.7%) from 2023
Liabilities
Down$35,338
Down $21,707 (-38%) from 2023
Net Assets
Up$367,261
Up $36,047 (+11%) from 2023
Revenue
Up$891,187
Up $189,327 (+27%) from 2023
Expenses
Up$855,140
Up $224,349 (+36%) from 2023
Net Income
Down$36,047
Down $35,022 (-49%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Words Without Borders' mission is to translate, publish, and actively promote the finest contemporary world literature.
Words Without Borders mission is to translate, publish, and actively promote the finest contemporary world literature.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $245,290 | $246,161 | ▲ $871 |
| Pledges and Grants Receivable | $64,310 | $112,290 | ▲ $47,980 |
| Intangible Assets | $49,070 | $23,737 | ▼ $25,333 |
| Prepaid Expenses and Deferred Charges | $19,416 | $17,308 | ▼ $2,108 |
| Land, Buildings, and Equipment, Net | $3,004 | $1,729 | ▼ $1,275 |
| Accounts Receivable | $5,830 | $35 | ▼ $5,795 |
| Total Assets | $388,259 | $402,599 | ▲ $14,340 |
| Other Assets Total | $1,339 | $1,339 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $57,045 | $35,338 | ▼ $21,707 |
| Total Liabilities | $57,045 | $35,338 | ▼ $21,707 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $242,214 | $209,761 | ▼ $32,453 |
| Net Assets With Donor Restrictions | $89,000 | $157,500 | ▲ $68,500 |
| Total Net Assets Fund Balance | $331,214 | $367,261 | ▲ $36,047 |
| Total Liabilities and Net Assets / Fund Balance | $388,259 | $402,599 | ▲ $14,340 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $1,729 | $6,023 | $7,752 |
| Land | $0 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Karen M Phillips | Executive Director | FT | $90,200 | $90,200 |
| Name | Title |
|---|---|
| Samantha Schnee | Chair |
| Alane Salierno Mason | President |
| Kalpana Raina | Vice Chair |
| Agnes Alhander Turner | Director |
| Calvin Baker | Director |
| Chantal Restivo-Alessi | Director |
| Douglas Unger | Director |
| Enid Prasad | Director |
| James H Ottaway Jr | Director |
| Jennifer Moross | Director |
| Jenny Staff Johnson | Director |
| Joanne Leedom-Ackerman | Director |
| Maaza Mengiste | Director |
| Margo Viscusi | Director |
| Rebecca Servadio | Director |
| Sarah Salih von Maltzahn | Director |
| Tara Parsons | Director |
| Jonathan Schorr | Director - resigned 7/19/2024 |
| Merve Emre | Director - resigned 7/19/2024 |
| Alessandro d'Ansembourg | Secretary |
| Wim Vanderhoof | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $568,080 |
| Other Expenses | $287,060 |
| Total Fundraising Expense | $120,442 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $316,700 | $28,500 | $54,800 | $400,000 |
| Current Officers, Directors, Trustees, and Key Employees | $22,550 | $31,570 | $36,080 | $90,200 |
| Fees for Services Other | $29,911 | $46,283 | $0 | $76,194 |
| Advertising | $44,393 | $0 | $0 | $44,393 |
| Payroll Taxes | $27,211 | $4,818 | $7,289 | $39,318 |
| Other Employee Benefits | $26,687 | $4,725 | $7,150 | $38,562 |
| Depreciation Depletion | $18,415 | $3,260 | $4,933 | $26,608 |
| All Other Expenses | $0 | $13,333 | $0 | $13,333 |
| Occupancy | $8,765 | $1,552 | $2,348 | $12,665 |
| Fees for Services Accounting | $0 | $10,407 | $0 | $10,407 |
| Office Expenses | $6,632 | $1,175 | $1,777 | $9,584 |
| Other Expenses | $8,570 | $0 | $0 | $8,570 |
| Insurance | $0 | $2,253 | $0 | $2,253 |
| Conferences and Meetings | $140 | $25 | $38 | $203 |
| Total Functional Expenses | $582,814 | $151,884 | $120,442 | $855,140 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $855,640 |
| Expenses per Audited Statements | $855,140 |
| Total Expenses per Form 990 | $855,140 |
| Expenses Not Reported on Form 990 | $500 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $90,687 |
| Fundraising Gross Income | $90,687 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Gala | $197,203 | $90,687 | $16,053 | $74,634 |
| Total Events | $197,203 | $90,687 | $90,687 | $0 |
“Form 990, Part III, Line 4a - Program Service Accomplishments”
“Founded in 2003, Words Without Borders (WWB) cultivates global awareness by expanding access to international writing in English translation. We aim to dramatically increase the number of readers who have meaningful experiences with literature in translation and to provide a platform to the worlds literary voices. Our programs include a free digital magazine for international literature, an education program that provides curricular resources and training for educators, an annual events series, and service to the field of literary translation through grants, fellowships, and digital promotion. Key Activities: Our digital magazine offers unparalleled access to the worlds literary voices. These include writers like Elena Ferrante, Olga Tokarczuk, and Han Kang, all published on WWB before they achieved international recognition, as well as hundreds of new and rising talents. We are committed to centering writers in indigenous, endangered, and other world languages that are too often marginalized. To date, we have published over 4,600 authors and translators from 143 countries translated from 140 languages. Our digital magazine reaches over 700,000 readers each year. Our education program WWB Campus, brings global literature into hundreds of classrooms, offering free access to stories from around the world; multimedia curricular resources; and professional support and training for educators. Each year, WWB organizes free virtual and in-person events with international authors, translators, and critics, providing a space for readers to engage directly with the perspectives we publish. WWB is an anchor organization for the field of international literature, offering our peers visibility through our website, events, and social media channels. We have invested in emerging publishing professionals through our paid fellowship program, established in 2017; our Momentum Grant for Early-Career Translators, which gives a $3,000 grant plus expert guidance to an emerging literary translator; and a commitment to equitable compensation for our contributors. The Ottaway Award for the Promotion of International Literature honors an individual who has dedicated their career to championing literature in translation.”
“A draft copy of the Form 990 was presented to the Finance Committee for the committees review and approval. It was subsequently submitted to the entire board for its review and approval before it was filed.”
“Board directors sign annual conflict of interest statements at the June board meeting each year.”
“The Executive Committee confers to offer the Executive Director a bonus and cost of living raise. The compensation deliberations are documented fully in minutes.”
“The salaries of other key employees are determined by the Executive Committee. The compensation deliberations are documented fully in minutes.”
“Governing documents are made available to the public in adherence of state and federal regulations.”
“The organization has evaluated its current tax positions and has concluded that as of june 30, 2024, the organization does not have any significant uncertain tax positions for which a reserve would be necessary.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 40 |
| IRS990/CYOtherExpensesAmt | 0 | 287060 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 17191 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 36047 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 568080 |
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| IRS990/Desc | 0 | See Schedule O. |
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| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 157500 |
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| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 9 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Rebecca Servadio |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Joanne Leedom-Ackerman |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | Enid Prasad |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | Merve Emre |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Vice Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | Director - resigned 7/19/2024 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | Director - resigned 7/19/2024 |
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| IRS990/PrincipalOfficerNm | 0 | Elisabeth Jaquette |
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| IRS990/PYTotalRevenueAmt | 0 | 701860 |
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