The 23rd Annual Lambda Literary Award Finalists were recently announced. Lambda Literary is "The leader in LGBT book reviews, author interviews, opinion and news since 1989."
And, good news for us: they have a children's/young adult category! Here are the finalists - I'm pretty lazy and I screen-capped it, so go here (scroll down to the sixth category) if you want to click on the review links and such:
Enjoy! And be sure to scroll around for other books - there's a SF/Fantasy/Horror category, at least two books about public schools, A Twist of Grimm: Erotic Fairy Tales for Gay Men, and a fiction book that has (kind of) been described as winnie-the-pooh-esque. And more!