Restless Books INC EIN 81-4890403 Form 990 (PDF) Claim this org

Restless Books INC

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Publishes international books to share diverse global stories and perspectives. For fiscal year 2024 it reported $583K in revenue, $619K in expenses, and $269K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Amherst, MA
Website
www.restlessbooks.org
Filings
4 on file (2020–2024)
Revenue
$583KFY2024
Expenses
$619K
Net assets
$269K
People
13
Filings
4
Updates
0
More identity details & actions ⌄
EIN  81-4890403 Public charity (501(c)(3)) Amherst, MA
Form 990 (PDF)
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Size
$100K–1M
What they do
Publishes international books to share diverse global stories and perspectives.
Leadership
Ilan Stavans · Director and Publisher · $87K
Money in and out
$583K revenue, $619K expenses
Bottom line
64% program efficiency
Where the money goes · FY2024
Total revenue
$583K
Pt VIII · Ln 12
Total expenses
$619K
Pt IX · Ln 25
Net assets
$269K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$36K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.26 Fundraising $0.10
Program efficiency
64%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
0.4mo
months of highly liquid reserves at operating expense rate▼ -76% vs prior filing year
Surplus margin
-6%
revenue over expenses, this year▲ +65% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$583K
FY2024▲ +15%
Expenses
$619K
FY2024▲ +4%
Total assets
$308K
FY2024▼ -13%
Total liabilities
$40K
FY2024▼ -18%
Total revenue
$583K
Pt VIII · Ln 12
Total expenses
$619K
Pt IX · Ln 25
Net assets
$269K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$36K
Total assetsPt X · Ln 16$308K
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $394K of program spending, described in the organization's own filed words · FY2024.
01

Restless books is devoted to championing essential voices from around the world. In 2024 we published 12 books. Four were for young readers, eleven were in translation, ten of the twelve were published for the first time and the remaining titles were new editions of an existing work.

$394Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRestless Books INC
EINHdr · item D81-4890403
Principal addressHdr · item CAmherst, MA
WebsiteHdr · item Jwww.restlessbooks.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A33)
Ruling yearIRS BMFDec 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director and Publisher
$87,452Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
Arielle Kane$151,476
Ilan Stavans$87,452$85,000$84,727$77,867
Alison Gore$36,350

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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Statement of Revenue

Part VIII
Contributions & grants$413K · 71%
Program service revenue$167K · 29%
Contributions & grants71%$413K
Program service revenue29%$167K
Investment income$14
Other revenue$2K
— government grantsLn 1e$30K
Total revenueLn 12$583K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.26 Fundraising $0.10
Program services64%$394K
Management & general26%$160K
Fundraising10%$65K
Total functional expensesLn 25$619K

Balance Sheet

Part X · end of year
CashLn 1$21K
Total assetsLn 16$308K
Total liabilitiesLn 26$40K
Total net assetsLn 32$269K
Months of cash on handcomputed0.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $21K · Operating expenses/yr $619K
0.4 months
Where the money goes
Program services
Program services $394K · Total expenses $619K
64%
Management & General
Management & general $160K · Total expenses $619K
26%
Fundraising
Fundraising $65K · Total expenses $619K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $65K · Solicited contributions (3-yr avg) $331K
$0.20 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $413K · Total revenue $583K
71%
Government reliance
Government grants $30K · Total revenue $583K
5%
Earned-income share
Program service revenue $167K · Total revenue $583K
29%
Investment reliance
Investment income $14 · Total revenue $583K
<0.01%
Program self-sufficiency
Program service revenue $167K · Total expenses $619K
27%
Growth & trend
Revenue growth (YoY)
This year $583K · Prior year $506K
+15%
Revenue CAGR
FY2020 $600K · FY2024 $583K
-0.7%
Net-asset trend (YoY)
End of year $269K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $583K · Expenses $619K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $308K
Net-asset ratio
Net assets $269K · Total assets $308K
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $308K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ilan Stavans · Reported title DIRECTOR AND PUBLISHER · Highest reported compensation $87K · Total expenses $619K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $271K · Total expenses $619K
44%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 26%
Fundraising cost ratio 16%
Revenue growth 15%
Legal fee ratio 2%
Accounting fee ratio 4%
Fundraising fee ratio 0.4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$583K revenue · viewing · ⤓ 990 PDF
FY2023$506K revenue · ⤓ 990 PDF
FY2022$853K revenue · ⤓ 990 PDF
FY2021not on file
FY2020$600K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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