Restless Books Inc
- Assets
- $406.9k
- Revenue
- $775.7k
- Investments
- $0.0
- Employees
- 8
- Location
- Amherst, MA
- Founding
- 12/2017
- Data as of
- 12/2022
- EIN
- 81-4890403
Organization Overview
Restless Books Inc is located in Amherst, MA. The organization was established in 2017. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Restless Books Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Restless Books Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Restless Books Inc generated $775.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $688.9k during the year ending 12/2022. While expenses have increased by 4.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RESTLESS BOOKS IS AN INDEPENDENT, NONPROFIT PUBLISHER DEVOTED TO CHAMPIONING ESSENTIAL VOICES FROM AROUND THE WORLD, WHOSE STORIES SPEAK TO US ACROSS LINGUISTIC AND CULTURAL BORDERS. WE SEEK EXTRAORDINARY INTERNATIONAL LITERATURE THAT FEEDS OUR RESTLESSNESS: OUR HUNGER FOR NEW PERSPECTIVES, PASSION FOR OTHER CULTURES AND LANGUAGES, AND EAGERNESS TO EXPLORE BEYOND THE CONFINES OF THE FAMILIAR. OUR BOOKS-FICTION, NARRATIVE NONFICTION, JOURNALISM, MEMOIRS, TRAVEL WRITING, AND YOUNG PEOPLE'S LITERATURE-OFFER READERS AN EXPANDED UNDERSTANDING OF A CHANGING WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAM - RESTLESS BOOKS IS DEVOTED TO CHAMPIONING ESSENTIAL VOICES FROM AROUND THE WORLD. IN 2022, WE PUBLISHED 12 BOOKS. TWO OF THE 12 WERE FOR YOUNG READERS, 9 WERE IN TRANSLATION. 10 OF THE 12 WERE PUBLISHED BY US FOR THE FIRST TIME, AND THE REMAINING TWO WERE NEW EDITIONS OF AN EXISTING WORK. AS OF THE END OF 2022, WE HAVE ALMOST 150 TITLES IN PRINT AND IN ELECTRONIC FORM, SOLD ACROSS THE COUNTRY AND INTERNATIONALLY VIA RETAIL BOOKSTORES, ON THE WEB, INCLUDING FROM OUR OWN WEBSITE, AND BY OUR DISTRIBUTOR, PUBLISHERS GROUP WEST. OUR AUTHORS COME FROM ALL OVER THE WORLD AND REPRESENT 42 COUNTRIES OF ORIGIN AND 27 LANGUAGES. IN ADDITION TO THE PUBLISHING PROGRAM, WE RUN THE RESTLESS BOOKS PRIZE FOR NEW IMMIGRANT WRITING, WHICH AWARDS $10,000 AND PUBLICATION WITH RESTLESS BOOKS TO A WRITER WHO HAS PRODUCED A WORK THAT ADDRESSES THE EFFECTS OF GLOBAL MIGRATION ON IDENTITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ilan Stavans Director And Publisher | Officer | 40 | $84,727 |
Steven G Kellman Director | Trustee | 2 | $0 |
Devin Brooks Board Member | OfficerTrustee | 2 | $0 |
Neal Cohen Board Member | OfficerTrustee | 2 | $0 |
Jodie Corngold Board Member | OfficerTrustee | 2 | $0 |
Alison Sparks Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $152,480 |
| All other contributions, gifts, grants, and similar amounts not included above | $364,179 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $516,659 |
| Total Program Service Revenue | $108,014 |
| Investment income | $1,058 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $775,731 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $77,632 |
| Compensation of current officers, directors, key employees. | $22,639 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $275,839 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,127 |
| Payroll taxes | $28,253 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,346 |
| Fees for services: Accounting | $23,282 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,744 |
| Advertising and promotion | $16,088 |
| Office expenses | $45,194 |
| Information technology | $0 |
| Royalties | $37,218 |
| Occupancy | $23,306 |
| Travel | $16,041 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,448 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,689 |
| Insurance | $2,574 |
| All other expenses | $0 |
| Total functional expenses | $688,899 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,012 |
| Savings and temporary cash investments | $81,081 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $253,371 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $980 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $406,944 |
| Accounts payable and accrued expenses | $87,499 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $87,499 |
| Net assets without donor restrictions | $249,649 |
| Net assets with donor restrictions | $69,796 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $406,944 |