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Nextbook Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 412116973 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Nextbook Inc?

Nextbook Inc is a nonprofit organization, established through Elaine Bernstein's Keren Keshet Foundation, committed to fostering Jewish literacy and nurturing Jewish literature, culture, and ideas. Their primary projects include Nextbook Press, which publishes books revolving around Jewish themes through Schocken Books, and Tablet Magazine, a renowned daily online platform that delves into Jewish news, ideas, and culture. The organization's main source of funding is the Jewish Communal Fund of New York, which receives an annual contribution of $16 million from Keren Keshet, as indicated in their tax filings.


Official website here: www.tabletmag.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 84% (Three-Star out of Four Star rating)

Nextbook Inc has received a solid Three-Star rating from Charity Navigator, indicating an overall accountability and finance score of 84%. The organization demonstrates strong governance, with 100% independent board members and robust financial oversight practices. Additionally, it maintains a low fundraising efficiency cost, allowing a significant portion of funds to go towards its programs, which is noteworthy in the nonprofit sector.

User feedback highlights Nextbook's flagship publication, Tablet Magazine, as a vital resource for Jewish culture and literature. Reviewers consistently praise the quality of the articles and the engaging presentation of diverse topics. Many express appreciation for the enriching experience provided by Tablet, noting its role in expanding their understanding of Jewish life and culture. The innovative programming and events organized by Nextbook are also recognized as effective in bringing communities together.

However, some limitations are noted in the financial ratios, particularly regarding working capital, which may indicate potential liquidity challenges. Nevertheless, the overwhelmingly positive reviews from the community reflect a strong appreciation for Nextbook’s contributions to Jewish culture, suggesting that while there may be financial concerns, its impact is widely felt and valued.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Nextbook Inc legitimate?

Nextbook Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nextbook Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $824,436
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.tabletmag.com

What is the mission statement of Nextbook Inc?

Nextbook Inc, a nonprofit organization, was established with a mission to foster Jewish literacy and support the proliferation of Jewish literature, culture, and ideas. Their primary projects include Nextbook Press, a collection of books on Jewish themes published by Schocken Books, and Tablet Magazine, an online platform that delves into Jewish news, ideas, and culture. Funded predominantly by the Jewish Communal Fund of New York, Nextbook Inc aims to preserve and promote Jewish heritage and values through its literary and cultural initiatives.


Official website here: www.tabletmag.com

Who is the CEO of Nextbook Inc?

Morton Landowne is the President of Nextbook Inc.


Official website here: www.tabletmag.com

What is the revenue of Nextbook Inc?

Nextbook Inc's revenue in 2022 was $6,348,658.


Official website here: www.tabletmag.com

Who are the executives of Nextbook Inc and what are their salaries?

The average compensation at Nextbook Inc during 2022 was $51,527. There are 16 employees at Nextbook Inc.


Here are 15 key members and their salaries:


Terry Kassel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mem D Bernstein (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Charendoff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Shechtel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yehuda Novick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Bonner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morton Landowne (Executive Director)
  • Compensation: $236,238
  • Related: $0
  • Other: $29,161
Robert Burnat (Cfo)
  • Compensation: $35,284
  • Related: $0
  • Other: $0
Samantha Hacker (Chief Administration Officer)
  • Compensation: $101,582
  • Related: $0
  • Other: $2,032
Alana Newhouse (Editor-In-Chief)
  • Compensation: $489,736
  • Related: $0
  • Other: $35,032
Wayne Hoffman (Executive Editor)
  • Compensation: $203,257
  • Related: $0
  • Other: $24,090
Liel Leibovitz (Senior Writer)
  • Compensation: $163,860
  • Related: $0
  • Other: $32,206
Gabriel Sanders (Director Of Business Development)
  • Compensation: $149,800
  • Related: $0
  • Other: $31,319
Stephanie Butnick (Senior Editor)
  • Compensation: $168,736
  • Related: $0
  • Other: $3,375
James Krirchick (Writer)
  • Compensation: $168,000
  • Related: $0
  • Other: $23,385


Official website here: www.tabletmag.com

Where can I find the form 990 for Nextbook Inc?

Nextbook Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tabletmag.com

Learn more at the official website: www.tabletmag.com

Mission Statement of Nextbook Inc

Nextbook Inc, a nonprofit organization founded by Elaine Bernstein's Keren Keshet Foundation, is dedicated to promoting Jewish literacy and supporting Jewish literature, culture, and ideas. The organization's primary projects include Nextbook Press, a series of books publishing works on Jewish themes, and Tablet Magazine, an online platform that delves into Jewish news, ideas, and culture daily. Nextbook's mission is primarily funded through contributions to the Jewish Communal Fund of New York, with Keren Keshet contributing $16 million annually. The organization's purpose is to nurture and disseminate Jewish perspectives and stories, thereby enriching the Jewish community and beyond.

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Impact




July, 2024

Nextbook Inc's impact lies in its dedication to promoting Jewish literacy and supporting Jewish literature, culture, and ideas. Through projects like Nextbook Press and Tablet Magazine, Nextbook provides a platform for exploring Jewish themes, news, and cultural discussions. By fostering a greater understanding and appreciation of Jewish heritage, Nextbook contributes to the preservation and dissemination of Jewish knowledge and traditions. Additionally, its funding sources, such as the Jewish Communal Fund of New York, demonstrate a community commitment to sustaining and enriching Jewish culture through Nextbook's initiatives.




This information is meant to be a general summary of Nextbook Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,348,658 (2022)
Expenses
$6,680,362 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,350
  • Program Service Revenue: $237,991
  • Gross Receipts: $6,348,658

Assets and Liabilities:

  • Total Assets: $1,071,122
  • Total Liabilities: $394,301
  • Net Assets: $676,821

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADVERTISING INCOME

Revenue

$150,836

LIVE SHOW INCOME

Revenue

$70,268

ROYALTY INCOME

Revenue

$16,887

Organization Details

Founding Year

2003

Principal Officer

Morton Landowne

Main Address

37 WEST 28 ST 8TH FLOOR, NEW YORK, NY, 10001

NTEE Category

Code: X83 - Religion related

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