Civic Intelligence

Nextbook Inc.

990 • Fiscal year 2024 • EIN 41-2116973

Jan 01, 2024 to Dec 31, 2024 • Filed on Oct 16, 2025

37 West 28 St 8th FloorNew York, NY 10001

(646) 245-7948

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

43rd percentile

0.12x

Higher debt load relative to assets than 43% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

17th percentile

0.04x

Higher debt load relative to revenue than 17% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

77th percentile

24%

Higher net margin than 77% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$595,116

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

99th percentile

225%

Faster asset growth than 99% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

85th percentile

51%

Faster revenue growth than 85% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,755,137

Up $3,292,138 (+225%) from 2023

Net Assets

Up

$4,200,312

Up $3,022,813 (+257%) from 2023

Liabilities

Up

$554,825

Up $269,325 (+94%) from 2023

Revenue

Up

$12,783,141

Up $4,344,848 (+51%) from 2023

Expenses

Up

$9,760,328

Up $1,822,713 (+23%) from 2023

Net Income

Up

$3,022,813

Up $2,522,135 (+504%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $1,493,409Liabilities 2010: $303,864Net Assets 2010: $1,189,5452010Assets 2011: $674,853Liabilities 2011: $139,073Net Assets 2011: $535,7802011Assets 2012: $605,353Liabilities 2012: $148,990Net Assets 2012: $456,3632012Assets 2013: $612,583Liabilities 2013: $172,039Net Assets 2013: $440,5442013Assets 2014: $543,897Liabilities 2014: $145,236Net Assets 2014: $398,6612014Assets 2015: $412,896Liabilities 2015: $257,274Net Assets 2015: $155,6222015Assets 2016: $299,524Liabilities 2016: $215,771Net Assets 2016: $83,7532016Assets 2017: $295,661Liabilities 2017: $144,282Net Assets 2017: $151,3792017Assets 2018: $462,385Liabilities 2018: $283,702Net Assets 2018: $178,6832018Assets 2019: $800,658Liabilities 2019: $152,792Net Assets 2019: $647,8662019Assets 2020: $674,952Liabilities 2020: $130,747Net Assets 2020: $544,2052020Assets 2021: $1,137,496Liabilities 2021: $128,971Net Assets 2021: $1,008,5252021Assets 2022: $1,071,122Liabilities 2022: $394,301Net Assets 2022: $676,8212022Assets 2023: $1,462,999Liabilities 2023: $285,500Net Assets 2023: $1,177,4992023Assets 2024: $4,755,137Liabilities 2024: $554,825Net Assets 2024: $4,200,3122024

Highlighted filing

2024

Assets$4,755,137
Liabilities$554,825
Net Assets$4,200,312

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2010: $3,402,904Expenses 2010: $4,653,697Net Income 2010: -$1,250,7932010Expenses 2011: $3,969,2542011Expenses 2012: $3,356,3202012Revenue 2013: $3,463,425Expenses 2013: $3,479,244Net Income 2013: -$15,8192013Revenue 2014: $3,356,746Expenses 2014: $3,398,629Net Income 2014: -$41,8832014Revenue 2015: $3,307,082Expenses 2015: $3,550,121Net Income 2015: -$243,0392015Revenue 2016: $4,011,446Expenses 2016: $4,083,315Net Income 2016: -$71,8692016Revenue 2017: $3,417,952Expenses 2017: $3,350,326Net Income 2017: $67,6262017Revenue 2018: $3,594,840Expenses 2018: $3,567,536Net Income 2018: $27,3042018Revenue 2019: $4,719,457Expenses 2019: $4,250,274Net Income 2019: $469,1832019Revenue 2020: $4,834,401Expenses 2020: $4,938,062Net Income 2020: -$103,6612020Revenue 2021: $6,280,480Expenses 2021: $5,816,160Net Income 2021: $464,3202021Revenue 2022: $6,348,658Expenses 2022: $6,680,362Net Income 2022: -$331,7042022Revenue 2023: $8,438,293Expenses 2023: $7,937,615Net Income 2023: $500,6782023Revenue 2024: $12,783,141Expenses 2024: $9,760,328Net Income 2024: $3,022,8132024

Highlighted filing

2024

Revenue$12,783,141
Expenses$9,760,328
Net Income$3,022,813
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 16, 2025
Return Version
2024v5.2
Gross Receipts
$20,544,988
Mission and Program Overview

Mission

SEE SCHEDULE 0

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$406,032$2,110,064▲ $1,704,032
Pledges and Grants Receivable$435,394$1,689,000▲ $1,253,606
Cash and Non-Interest-Bearing Accounts$328,894$693,553▲ $364,659
Accounts Receivable$106,076$163,921▲ $57,845
Savings and Temporary Cash Investments$55,464--
Land, Buildings, and Equipment, Net$45,309$39,318▼ $5,991
Receivables From Officers Etc$52,830$15,096▼ $37,734
Intangible Assets-$6,685-
Total Assets$1,462,999$4,755,137▲ $3,292,138
Other Assets Total$33,000$37,500▲ $4,500
Liabilities
Accounts Payable and Accrued Expenses$187,253$416,525▲ $229,272
Other Liabilities$78,247$138,300▲ $60,053
Deferred Revenue$20,000--
Total Liabilities$285,500$554,825▲ $269,325
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,177,499$2,125,312▲ $947,813
Net Assets With Donor Restrictions-$2,075,000-
Total Net Assets Fund Balance$1,177,499$4,200,312▲ $3,022,813
Total Liabilities and Net Assets / Fund Balance$1,462,999$4,755,137▲ $3,292,138

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$39,318$97,635-
Leasehold Improvements$0$58,511-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alana NewhouseEditor-in-chiefFT$555,453$39,663$595,116
Alana Newhouse--$520,453$74,663$595,116
Morton LandowneExecutive DirectorFT$257,261$20,572$277,833
Morton Landowne--$257,261$20,572$277,833
Wayne HoffmanExecutive EditorFT$230,239$27,423$257,662
Wayne Hoffman--$206,039$51,623$257,662
Liel LeibovitzSenior WriterFT$193,862$37,169$231,031
Liel Leibovitz--$188,862$42,169$231,031
Jeremy SternSenior WriterFT$201,162$4,203$205,365
Jeremy Stern--$191,162$14,203$205,365
Tony BadranDigital Editorial DirectorFT$162,603$36,057$198,660
Tony Badran--$162,603$36,057$198,660
Robert BurnatCFOPT$46,200-$46,200

Board Members and Trustees

NameTitle
Terry KasselPresident
Mem D BernsteinVice President
Alice TischBoard Member
Caryl RatnerBoard Member
Daniel BonnerBoard Member
Harry Zieve CohenBoard Member
Justin ShechtelBoard Member
Mark CharendoffBoard Member
Yehuda NovickBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Dan KloresPublic Relations261 FIFTH AVENUE 3RD FLOOR, New York, NY 10016$516,709
Three Minute Happiness INCEditorial Consulting Services218 E PARK AVE 436, Long Beach, NY 11561$363,075
Big Human LLCDigital Designing17 INTERLOCHEN RD, Carmel, NY 10512$290,400
Party Upstairs Productions LLCFilm Production49 MUSIC SQ W 503, Nashville, TN 37203$250,000
-Podcast Work8 MONTROSE ROAD, Scarsdale, NY 10583$215,250
Revenue and Support

Revenue Composition

Contributions and Grants
$12,366,955
Program Service Revenue
$285,178
Investment Income
$123,899
Other Revenue
$7,109
All Other Contributions
$12,366,955
Change in Net Assets
$3,022,813

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,783,141
Total Revenue per Audited Statements
$12,783,141
Total Revenue per Form 990
$12,783,141
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,716,476
Salaries, Compensation, and Employee Benefits$4,043,852
Total Fundraising Expense$1,027,786
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,680,662$326,969$10,588$2,018,219
Advertising$509,401$13,301$806,930$1,329,632
Current Officers, Directors, Trustees, and Key Employees$617,663$526,764$155,139$1,299,566
Information Technology$512,482$20,252$3,931$536,665
Other Employee Benefits$318,366$118,260$22,957$459,583
Payroll Taxes$184,601$68,572$13,311$266,484
Office Expenses$150,453$51,971$8,965$211,389
Travel$131,221$0$0$131,221
Occupancy$70,238$26,090$5,065$101,393
Fees for Services Legal$0$56,328$0$56,328
Fees for Services Accounting$0$48,269$0$48,269
Other Expenses$30,291$0$0$30,291
Fees for Services Management$0$28,306$0$28,306
Depreciation Depletion$12,477$4,635$900$18,012
Total Functional Expenses$7,442,825$1,289,717$1,027,786$9,760,328

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,760,328
Total Expenses per Audited Statements$9,760,328
Total Expenses per Form 990$9,760,328
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$52,830$15,096▼ $37,734
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Grant Advance$138,300
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Nextbook Inc
EIN
41-2116973
Phone
6462457948
Address
37 WEST 28 ST 8TH FLOOR, NEW YORK, NY 10001

Signing Officer

Name
Morton Landowne
Title
Executive Director
Phone
6462457948
Signed
2025-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Morton Landowne
Formed
2003
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
22
Volunteers
0

Preparer

Firm
Rich and Bander Llp
Address
79 MADISON AVE 2ND FLOOR, NEW YORK, NY 10016
Preparer
Jonathan a Bander
Phone
2126842470
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Mem d. Bernstein sat on the board of another organization.

Pt VI, Line 11B

The form 990 will be sent to each member of the board via email with anticipation of their review comments to be sent back to the tax preparer prior to the return being filled with the irs.

Pt VI, Line 12C

Nextbook has a board approved conflicts of interest policy. Each board member must fill out an annual declaration stating they had no conflicts or identifying the nature of their interested party transactions.

Pt VI, Line 19

Requests for this information is considered on an individual basis.

Other

Pt iii, line 1 - the goal of nextbook is to enable american jews to engage with jewish life and culture. The intended audience is made up of two broad categories: a base of affliated jews, those who maintain active engagement with their jewish identity via any number of affiliations (e.g member of a synagogue, jcc or hadassah; donor to local jewish federation; subscriber to a jewish publication); and a target of what are known as the unaffiliated, the majority of american jews, for whom jewish heritage remains of interest but seemingly out of reach. Tablet is the major project of nextbook. We want to be the jewish niche on the web. Our goal is to become the premier website of jewish journalism - in all of its forms (e.g.text, audio, video). We plan to achieve this goal with a delicate yet potent combination: comprehensive coverage of the entire landscape of jewish life, along with highly-curated, sophisticated, news-making highlights of specific sorts. Our authority will come both from being the best aggregator of content from all over the web, as well as from our original content - which, when taken together, should establish our identity as a reliable narrator, a site with an identity and voice that people trust and like. Tablet (nextbooks web magazine) will engage everyone from the fervently committed to the unattached in a conversation about the present and the future of jewish life and thought. To do that, we must be thoughtful approaching everything jewish, form maimonides to madonna, with curiosity and creativity; mirthful, addressing even the grimmest topics with a light touch that is just as entertaining as it is edifying; and engaging, seeking to address the key questions of our time and our community and affect them whenever we can.

Financial Statement Notes

Pt X, Line 2

The organization has evaluated its current tax positions and has concluded that as of december 31, 2024, the organization does not have any significant uncertain tax positions for which a reserve would be necessary.

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IRS990/Form990PartVIISectionAGrp/TitleTxt10CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt11EDITOR-IN-CHIEF
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE EDITOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13SENIOR WRITER
IRS990/Form990PartVIISectionAGrp/TitleTxt14SENIOR WRITER
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: OTHER 2020: 10304. 2021: 44156. 2022: 2161. 2023: 3894. 2024: 7109.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.76$0.55$4.20$12.8$9.76$3.02
2023Detailed filing. Detailed filing data is available for this year.$1.46$0.29$1.18$8.44$7.94$0.50
2022Detailed filing. Detailed filing data is available for this year.$1.07$0.39$0.68$6.35$6.68$0.33
2021Detailed filing. Detailed filing data is available for this year.$1.14$0.13$1.01$6.28$5.82$0.46
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.13$0.54$4.83$4.94$0.10
2019Summary only. Only limited summary data is available for this year.$0.80$0.15$0.65$4.72$4.25$0.47
2018Summary only. Only limited summary data is available for this year.$0.46$0.28$0.18$3.59$3.57$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.30$0.14$0.15$3.42$3.35$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.22$0.08$4.01$4.08$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.41$0.26$0.16$3.31$3.55$0.24
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.15$0.40$3.36$3.40$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.61$0.17$0.44$3.46$3.48$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.15$0.46$3.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.14$0.54$3.97
2010Summary only. Only limited summary data is available for this year.$1.49$0.30$1.19$3.40$4.65$1.25