RESTLESS BOOKS INC

EIN: 814890403 501(c)(3) Arts, Culture & Humanities

AMHERST, MA

Total Revenue
$582,741
Total Expenses
$619,229
Total Assets
$308,447
Net Assets
$268,942
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NY
Principal Officer
ILAN STAVANS
Phone
4135428201
Tax Period
2024-01-01 to 2024-12-31

RESTLESS BOOKS INC, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $583K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $413,307
Program Service Revenue $167,450
Investment Income $14
Other Revenue $1,970
TOTAL REVENUE $582,741

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $271,301
Fundraising Expenses $64,754
Program Expenses $394,218
Other Expenses $344,543
TOTAL EXPENSES $619,229

Year-over-Year Comparison

2024 2023 Change
Revenue $582,741 $506,393 +0.2%
Expenses $619,229 $598,163 +0.0%
Net Income $-36,488 $-91,770 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
12
Employees
3
Volunteers
13

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$87,452
Total Directors
13
$87,452
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ILAN STAVANS DIRECTOR AND PUBLISHER 40
Officer Director
$87,452 $0 $87,452
ANNETTE HOCHSTEIN CHAIR 2
Officer Director
$0 $0 $0
ALISON SPARKS SECRETARY 2
Officer Director
$0 $0 $0
STEVEN G KELLMAN BOARD MEMBER 2
Director
$0 $0 $0
ADANI ILLO BOARD MEMBER 2
Director
$0 $0 $0
ADRIANA RIZZO BOARD MEMBER 2
Director
$0 $0 $0
AMY FULLER BOARD MEMBER 2
Director
$0 $0 $0
LIZ MICCI BOARD MEMBER 2
Director
$0 $0 $0
TYLER MIXTER BOARD MEMBER 2
Director
$0 $0 $0
PATRICIA ORETA BOARD MEMBER 2
Director
$0 $0 $0
SHAUL HOCHSTEIN BOARD MEMBER 2
Director
$0 $0 $0
TALIA TAY BOARD MEMBER 2
Director
$0 $0 $0
ANNE GERMANCOS BOARD MEMBER 2
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $582,741 $619,229 $308,447 $-36,488
2023 $506,393 $598,163 $353,457 $-91,770
2022 $853,487 $688,900 $484,699 $164,587
2022 $775,731 $688,899 $406,944 $86,832
2021 $800,871 $755,909 $250,214 $44,962
2020 $600,007 $614,727 $197,811 $-14,720
2019 $671,676 $635,269 $210,198 $36,407
2018 $666,292 $579,043 $182,285 $87,249
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