This study examines how nonprofits’ organizational characteristics are associated with the CEO's gender and race, focusing on the role of board diversity. Our analysis of 501(c)(3) organizations in a southeastern U.S. state shows positive associations between the proportion of women on the board and having a female CEO and between the proportion of non-White board members and having a CEO of color. The results also indicate that board racial diversity is positively associated with the likelihood of having a female CEO, suggesting a positive link between board racial diversity and the gender diversity of executive leadership. However, no connection exists between board gender diversity and having a CEO of color. The results further reveal that women and people of color are less likely to lead organizations with a bigger budget, implying the pervasiveness of the glass ceiling in larger organizations. Overall, the findings confirm the presence of gender and racial biases in nonprofit leadership and build a case for board diversity.