Latinx Kidlit Book Festival Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MISSION OF THE LATINX KIDLIT BOOK FESTIVAL, INC IS TO FOSTER A LOVE OF STORY AND LITERACY AS WELL AS INCREASE EMPATHY AND CONVERSATION AMONG EDUCATORS, STUDENTS, AND BOOK LOVERS WHILE UPLIFTING THE VOICES OF LATINX KIDLIT BOOK CREATORS.
- Income
- $235,747
- Spending
- $230,647
- Spent on programs
- 97%
- Reserves
- 1.9 months of spending
- Largest source of income
- donations and private grants, 51%
- Employees
- 0
- Volunteers
- 21
- Highest pay
- $5,000, treasurer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 71 out of 100. Higher than 46% of charities in its peer group (arts and culture, under $250k).
Reserves
10 of 35Spendable reserves would cover 1.9 months of spending.
Debt
16 of 20It owes 15% of what it owns.
Living within its means
15 of 15Income exceeded spending by 2% of income.
Income trend
15 of 15Income rose 72% on the year before.
Spending floor
15 of 1597% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 92% of charities in its peer group (arts and culture, under $250k).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $72,253 spent. PRODUCTION OF 28 EDUCATIONAL VIDEOS, FEATURING LATINX BOOK CREATORS, VIEWED IN HUNDREDS OF SCHOOLS AND LIBRARIES NATIONWIDE.
- $90,911 spent. THE LATINX STORYTELLERS CONFERENCE IS A MISSION-DRIVEN, GRASSROOTS, VOLUNTEER-LED PROGRAM THAT IS PART OF THE LATINX KIDLIT BOOK FESTIVAL, A 503(C)(3) ORGANIZATION. THE CONFERENCE SEEKS TO AMPLIFY THE STORIES OF THE LATIN AMERICAN DIASPORA AND SUPPORT THE CREATORS OF THESE STORIES THROUGH CRAFT SESSIONS, PROFESSIONAL DEVELOPMENT PROGRAMMING AND COMMUNITY BUILDING EVENTS.
- $38,289 spent. IN-PERSON AND DIGITAL OUTREACH WITH EDUCATORS TO PROMOTE LATINX CHILDREN'S BOOKS IN SCHOOLS AND LIBRARIES.
- $21,477 spent. OTHER MISCELLANEOUS PROGRAM SERVICES.
- AMENDMENT STATEMENT - THIS FORM 990 IS AMENDED TO REFLECT A REISSUANCE OF THE ORGANIZATION'S 2024 REVIEWED FINANCIAL STATEMENTS. AFTER THE ISSUANCE OF THE ORIGINAL 2024 FINANCIAL STATEMENT REVIEW REPORT, DATED OCTOBER 1, 2025, THE ORGANIZATION DETERMINED THAT CERTAIN PROGRAMMING ACTIVITIES WERE MISCLASSIFIED. THE FINANCIAL STATEMENTS WERE REVISED FOR THESE CLASSIFICATION CORRECTIONS, RESULTING IN UPDATES TO THE STATEMENT OF ACTIVITIES AND THE STATEMENT OF FUNCTIONAL EXPENSES. CORRESPONDING AMOUNTS REPORTED IN THIS TAX RETURN HAVE BEEN UPDATED, AS APPLICABLE, TO CONFORM TO THE REISSUED FINANCIAL STATEMENTS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2022.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.