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Restless Books Inc

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

EIN: 814890403 ✦ Amherst, MA ✦ Designated as a 501(c)(3)

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Overview

What is Restless Books Inc?

Restless Books Inc. is a renowned, nonprofit publishing entity situated in Amherst, Massachusetts. Committed to promoting essential voices worldwide, they released 12 titles in 2022, including works for young readers and translations. Ten of these publications were debuts, while the other two were updated versions of existing works. With nearly 150 titles in their catalog, Restless Books distributes their books nationally and internationally through retail bookstores, online platforms, and their distributor, Publishers Group West. The authors they represent hail from various countries and speak 27 different languages. In addition to their publishing program, they administer the Restless Books Prize for New Immigrant Writing, which recognizes a writer with a $10,000 award and publication opportunities. Restless Books aims to broaden readers' perspectives by publishing diverse international literature that challenges our understanding of a rapidly evolving world.


Official website here: www.restlessbooks.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating.

Restless Books Inc has achieved a Two-Star rating from Charity Navigator, indicating room for improvement in its accountability and financial practices, as evidenced by a score of 63 in this category. While the organization exhibits strong performance in culture and community engagement, and leadership adaptability—both scoring 100—its program expense ratio of 50.22% reflects a need for greater focus on program spending relative to its total expenses.

The organization maintains a majority of independent board members, which contributes positively to governance. However, it lacks certain policies such as a whistleblower and document retention policy, which may raise concerns about transparency and risk management. Despite these limitations, Restless Books Inc demonstrates strong practices in feedback collection and usage, underscoring its commitment to stakeholder engagement and responsive strategic planning.


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

Is Restless Books Inc legitimate?

Restless Books Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restless Books 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: $77,632
Professional Fundraising Fees: $0
Other Salaries and Wages: $275,839

For more financial information, click here


Official website here: www.restlessbooks.org

What is the mission statement of Restless Books Inc?

Restless Books Inc, as an independent, nonprofit publisher, is committed to advocating for essential voices from around the globe. Their mission is to bring stories that challenge our perspectives, ignite our passion for different cultures, and inspire us to explore beyond the familiar. Through fiction, narrative nonfiction, journalism, memoirs, travel writing, and young people's literature, their books provide readers with a broader understanding of a changing world. Restless Books Inc seeks literature that feeds our restlessness, our hunger for novel perspectives, our passion for other cultures, and our eagerness to venture beyond our comfort zones.


Official website here: www.restlessbooks.org

Who is the CEO of Restless Books Inc?

Ilan Stavans is the Director And Publisher of Restless Books Inc.


Official website here: www.restlessbooks.org

What is the revenue of Restless Books Inc?

Restless Books Inc's revenue in 2022 was $775,731.


Official website here: www.restlessbooks.org

Who are the executives of Restless Books Inc and what are their salaries?

The average compensation at Restless Books Inc during 2022 was $44,184. There are 8 employees at Restless Books Inc.


Here are 7 key members and their salaries:


Ilan Stavans (Director And Publisher)
  • Compensation: $84,727
  • Related: $0
  • Other: $0
Steven G Kellman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devin Brooks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal Cohen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodie Corngold (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Sparks (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Hochstein (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.restlessbooks.org

Where can I find the form 990 for Restless Books Inc?

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


Official website here: www.restlessbooks.org

Learn more at the official website: www.restlessbooks.org

Mission Statement of Restless Books Inc

Restless Books Inc, a nonprofit publishing house, is committed to advocating for essential voices from around the world. They seek out extraordinary international literature that resonates across linguistic and cultural barriers, catering to our innate restlessness - our desire for new perspectives, passion for other cultures, and eagerness to explore beyond familiar boundaries. Through their publication of fiction, narrative nonfiction, journalism, memoirs, travel writing, and young people's literature, Restless Books Inc offers readers an expanded understanding of a changing world. Their mission is to bridge cultural divides and foster a global community through the power of storytelling.

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Impact




July, 2024

Restless Books Inc's impact lies in its dedication to championing essential voices from around the world, whose stories transcend linguistic and cultural boundaries. By publishing a diverse range of international literature, including fiction, narrative nonfiction, journalism, memoirs, travel writing, and young people's literature, Restless Books contributes to expanding readers' understanding of a changing world. With authors from 42 countries and 27 languages, Restless Books offers a platform for voices that might otherwise go unheard. Furthermore, through initiatives like the Restless Books Prize for New Immigrant Writing, the organization actively supports and promotes writers addressing the effects of global migration on identity. In essence, Restless Books Inc enriches the literary landscape by bringing attention to diverse perspectives and narratives that contribute to a more interconnected and empathetic society.




This information is meant to be a general summary of Restless Books 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
$775,731 (2022)
Expenses
$688,899 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,058
  • Program Service Revenue: $108,014
  • Gross Receipts: $775,731

Assets and Liabilities:

  • Total Assets: $406,944
  • Total Liabilities: $87,499
  • Net Assets: $319,445

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Programs

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

BOOK SALES

Revenue

$108,014

Organization Details

Founding Year

2013

Principal Officer

Ilan Stavans

Main Address

69 MAIN STREET, AMHERST, MA, 01002

NTEE Category

Code: A33 - Arts

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