Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2004.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
82 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
15 people listed on the 990; $1.7M paid to officers and key staff.
Alana Newhouse’s $555K as Editor-In-Chief is at the 96th percentile of top reported officer pay among 224 $10–100M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Alana Newhouse | $555,453 | $517,000 | $489,736 | $450,000 | $460,000 |
| Morton Landowne | $257,261 | $248,800 | $236,238 | $230,000 | $230,000 |
| Wayne Hoffman | $230,239 | $219,800 | $203,257 | $195,250 | $179,500 |
| Jeremy Stern | $201,162 | — | — | — | — |
| Stephanie Butnick | — | $194,466 | $168,736 | $147,800 | $132,000 |
| Liel Leibovitz | $193,862 | $178,850 | $163,860 | $152,800 | $137,000 |
| James Krirchick | — | — | $168,000 | — | — |
| Tony Badran | $162,603 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Publishes a web magazine and podcasts, reaching audiences through email, social media, and downloads.
Questions for Nextbook INC
Your first name shows with your question. Nextbook INC answers here, for everyone.
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Web magazine (tablet) traffic remained healthy in 2022 daily email subscribers rose to 130,000 facebook followers remained at 125,000 twitter followers rose to 95,000 tablet's podcast, unorthodox, remained number one in its category on itunes, with over 35,000 weekly downloads, and tablet launched two other podcasts, that receive an…
Web magazine (jewcy)- a wholly owned subsidiary of nextbook inc. Jewcy media operates in the same realm as tablet magazine, but targets a younger audience.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $457K | $866K |
| Land, buildings, equipmentLn 10c | $19K | $36K |
| Total assetsLn 16 | $1.1M | $1.1M |
| LiabilitiesLn 26 | $129K | $394K |
| Net assetsLn 32 | $1.0M | $677K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $824K | $230K | $480K | $115K |
| Pay of disqualified personsLn 6 | $1.6M | $1.4M | $169K | $19K |
| Other employee benefitsLn 9 | $359K | $241K | $97K | $20K |
| Payroll taxesLn 10 | $171K | $115K | $46K | $10K |
| Legal feesLn 11b | $57K | $0 | $57K | $0 |
| Accounting feesLn 11c | $17K | $0 | $17K | $0 |
| Other fees for servicesLn 11g | $21K | $0 | $21K | $0 |
| Advertising and promotionLn 12 | $657K | $592K | $65K | $0 |
| Office expensesLn 13 | $84K | $62K | $19K | $4K |
| Information technologyLn 14 | $445K | $427K | $15K | $3K |
| OccupancyLn 16 | $87K | $58K | $24K | $5K |
| TravelLn 17 | $60K | $60K | $0 | $0 |
| Depreciation, depletion and amortizationLn 22 | $37K | $32K | $4K | $848 |
| Other expenses (24a–d)Ln 24 | $2.3M | $2.3M | $0 | $0 |
| Total functional expensesLn 25 | $6.7M | $5.5M | $1.0M | $176K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $12.8M | $9.8M | $3.0M | $4.2M | 990 PDF |
| FY2023 | $8.4M | $7.9M | $501K | $1.2M | 990 PDF |
| FY2022 Viewing | $6.3M | $6.7M | −$332K | $677K | 990 PDF |
| FY2021 | $6.3M | $5.8M | $464K | $1.0M | 990 PDF |
| FY2020 | $4.8M | $4.9M | −$104K | $544K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $6,348,658 revenue, 12 lines filed
Part VI · Governance 6 of 6 board members independent, 2 to look at
Part VIII · Statement of revenue $6,348,658 across 6 lines filed
Part IX · Statement of functional expenses $6,680,362 across 14 lines filed
Part X · Balance sheet $1,071,122 assets, 16 lines filed
Part XI · Reconciliation of net assets $676,821 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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