2023-10-23T07:57:12-05:00 2022-12-31 366055558 GRANT THORNTON LLP 75 STATE STREET 13TH FLOOR BOSTON MA 02109 990 2022-01-01 453588477 ELIFE SCIENCES PUBLICATIONS LTD ELIF 1223855340 WESTBROOK CENTRE MILTON ROAD CAMBRIDGE UK CB4 1YG DAMIAN PATTINSON EXECUTIVE DIRECTOR 1223855340 2023-10-20 1 DAMIAN PATTINSON 999009999 0 ERIN COUTURE P01390592 6177237900 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAMIAN PATTINSON WESTBROOK CENTRE MILTON ROAD CAMBRIDGE UK CB4 1YG 8217499 0 X WWW.ELIFESCIENCES.ORG X 2011 DE TO HELP SCIENTISTS ACCELERATE DISCOVERY BY OPERATING A PLATFORM FOR RESEARCH (CONTINUED IN SCH O) COMMUNICATION THAT ENCOURAGES AND RECOGNISES THE MOST RESPONSIBLE BEHAVIOURS IN SCIENCE. 8 8 1 3 0 0 4502357 2318499 4835425 5271025 1171 627975 0 0 9338953 8217499 302705 226686 0 0 4168050 3717418 0 0 0 4514874 4205430 8985629 8149534 353324 67965 3310633 5011737 2407848 4040813 902785 970924 X ELIFE IS A NON-PROFIT ORGANISATION INSPIRED BY RESEARCH FUNDERS AND LED BY SCIENTISTS. OUR MISSION IS TO HELP SCIENTISTS ACCELERATE DISCOVERY BY OPERATING A PLATFORM FOR RESEARCH COMMUNICATION THAT ENCOURAGES AND RECOGNISES THE MOST RESPONSIBLE BEHAVIOURS IN SCIENCE. 0 0 7295187 226686 5271025 SEE SCHEDULE OELIFE WAS FOUNDED IN RESPONSE TO AN INITIATIVE TO DRIVE IMPROVEMENTS IN RESEARCH COMMUNICATION FROM FOUR INTERNATIONALLY PROMINENT, NONPROFIT ORGANISATIONS OPERATING IN THE PUBLIC INTEREST: HOWARD HUGHES MEDICAL INSTITUTE, MAX PLANCK SOCIETY FOR THE ADVANCEMENT OF SCIENCE, AND WELLCOME TRUST, AND WERE JOINED BY THE KNUT AND ALICE WALLENBERG FOUNDATION IN 2018. ELIFE PUBLISHES WORK OF THE HIGHEST SCIENTIFIC STANDARDS AND IMPORTANCE IN ALL AREAS OF THE LIFE AND BIOMEDICAL SCIENCES. THE RESEARCH IS SELECTED AND EVALUATED BY WORKING SCIENTISTS AND IS MADE FREELY AVAILABLE TO ALL READERS WITHOUT DELAY. PUBLICATION FEES WERE INTRODUCED IN 2017 TO COVER SOME OF ELIFE'S CORE PUBLISHING COSTS. ELIFE ALSO INVESTS IN INNOVATION THROUGH OPEN-SOURCE TOOL DEVELOPMENT TO ACCELERATE RESEARCH COMMUNICATION AND DISCOVERY. OUR WORK IS GUIDED BY THE COMMUNITIES WE SERVE. 7295187 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 1 1 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 101 0 1 1 1 0 1 UK 0 0 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA DE X X PAUL KELLY 1223855340 WESTBROOK CENTRE MILTON ROAD CAMBRIDGE CAMBRIDGE UK CB4 1YG TOBY COPPEL DIRECTOR & CHAIR (THRU 12/2022) 2.00 0.00 X X 6250 0 0 PRACHEE AVASTHI DIRECTOR 2.00 0.00 X 8750 0 0 ROBERT TJIAN DIRECTOR (THRU 12/2022) 2.00 0.00 X 5000 0 0 CHRISTIAN HERNANDEZ DIRECTOR (THRU 12/2022) 2.00 0.00 X 5000 0 0 NOURIA HERNANDEZ DIRECTOR (THRU 12/2022) 2.00 0.00 X 5000 0 0 ULMAN LINDENBERGER DIRECTOR 2.00 0.00 X 0 0 0 ERIN O'SHEA DIRECTOR 2.00 0.00 X 0 0 0 DANIEL O'CONNOR DIRECTOR 2.00 0.00 X 0 0 0 DAMIAN PATTINSON EXEC DIR,SEC,TREAS 37.50 0.00 X 196512 0 11279 MICHAEL EISEN EDITOR IN CHIEF 15.00 0.00 X 139077 0 0 PAUL SHANNON HEAD OF TECHNOLOGY 37.50 0.00 X 134112 0 7946 PETER RODGERS FEATURES EDITOR 37.50 0.00 X 117079 0 7292 616780 0 26517 4 0 1 0 ASPIRATION COKO FOUNDATION PO BOX 880264 SAN FRANCISCO CA 94188 SOFTWARE DEVELOPMENT 220467 JOHN WILEY & SONS INC 5508 GREENTREE ROAD BETHESDA MD 20817 EDITORIAL SERVICES 159088 ENDAVA (UK) LTD 125 OLD BROAD ST LONDON ECN AR OM UK SOFTWARE DEVELOPMENT 158183 EXETER PREMEDIA SERVICES PRIVATE LTD SPACES 10TH FL CITIUS A BI CHENNAI 600032 IN EDITORIAL SERVICES 130271 RUTHERFORD SOFTWARE 26 HAMBLE WAY MACCLESFIELD CHESHIRE SK10 3RN UK SOFTWARE DEVELOPMENT 113223 6 2318499 2318499 PUBLICATION FEES 516100 5271025 5271025 5271025 29251 29251 598724 0 598724 598724 598724 8217499 5271025 0 627975 98620 98620 128066 128066 368981 238712 130269 2721104 2565029 156075 270081 251535 18546 770 770 356482 326751 29731 8888 8888 94611 94611 251131 131344 119787 184197 184197 118031 118031 156342 142903 13439 115301 107050 8251 107971 98690 9281 59167 12860 46307 EDITORIAL COSTS 1992678 1992678 WEBSITE & DEVELOPMENT 985834 985834 FOREIGN EXCHANGE LOSS 64058 64058 TAXATION 34238 34238 32983 30148 2835 8149534 7295187 854347 0 2181888 4215420 238939 195197 233141 136295 475019 422957 124443 52062 0 0 0 0 532222 412763 3310633 5011737 894956 840067 1512892 3200746 0 0 2407848 4040813 X 902785 970924 902785 970924 3310633 5011737 X 67965 174 X 0 1 X 1 0 X 5789513 4255933 2623106 4502357 2318499 19489408 2881702 3410585 4539094 4835425 5271025 20937831 8671215 7666518 7162200 9337782 7589524 40427239 3246663 2612572 1794316 2879434 1998307 12531292 28261 29585 57846 3246663 2612572 1794316 2907695 2027892 12589138 27838101 572 2208 29251 32031 572 2208 29251 32031 23316 25653 48969 8671215 7690406 7190061 9337782 7618775 40508239 0.68720 0.66810 0.00080 0.00010 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: REALIZED CURRENCY GAIN - 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 23,316. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. FOREIGN EXCHANGE GAIN - 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 25,653. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 236600 201160 35440 238419 221797 16622 0 52062 UNBILLED RECEIVABLES AND VAT 165207 CORPORATION TAX 145960 RENT DEPOSIT 101596 412763 X 7618775 0 7618775 598724 598724 8217499 8149708 174 174 8149534 0 8149534 PART X, LINE 2: THE COMPANY ADOPTED CERTAIN PROVISIONS OF FASB ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES", FORTHE CRITERION THAT AN INDIVIDUAL TAX POSITION HAS TO MEET FOR SOME OR ALL OF THE BENEFITS OF THAT POSITION TO BE RECOGNISED IN THE COPANY'S FINANCIAL STATEMENTS. ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAINS OPEN ARE SUBJECT TO EVALUATION. ONLY TAX POSITIONS THAT MEET THE MOST-LIKELY-THAN-NOT RECOGNITION THRESHOLD AT THE EVALUATION DATE WILL BE RECOGNISED OR CONTINUE TO BE RECOGNISED. DEVELOPING THE PROVISION FOR INCOME TAXES, INCLUDING THE EFFECTIVE TAX RATE, AND ANALYSIS OF POTENTIAL TAX EXPOSURE ITEMS, IF ANY, REQUIRES SIGNIFICANT JUDGEMENT AND EXPERTISE IN FEDERAL AND STATE INCOME TAX LAWS, REGULATIONS AND STRATEGIES, INCLUDING THE DETERMINATION OF DEFERRED TAX ASSETS AND LIABILITIES AND ANY ESTIMATED VALUATION ALLOWANCES MANAGEMENT DEEMS NECESSARY TO VALUE DEFERRED TAX ASSETS. THE JUDGEMENTS AND TAX STRATEGIES ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. WHILE MANAGEMENT BELIEVES THEY HAVE PROVIDED ADEQUATELY FOR THE INCOME TAXES IN THE FINANCIAL STATEMENTS, ADVERSE DETERMINATION BY THESE TAXING AUTHORITIES COULD HAVE A MATERIAL ADVERSE EFFECT ON THE FINANCIAL POSITION, RESULTS OF OPERATIONS OR CASH FLOWS. AS OF THE DATE OF THE MOST REVENT BALANCE SHEET, THE COMPANY IS SUBJECT TO EXAMINATION IN THE UNITED STATES OF AMERICA AND UNITED KINGDOM FOR YEARS BEFORE 2022. THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES IN THE UNITED STATES UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE OF 1986. THE COMPANY BELIEVES THAT ITHAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF ASSET 598,724. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN FROM CHANGES IN FOREX RATE 133,241. FOREIGN CURRENCY TRANSLATION ADJUSTMENT -133,067. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 1 50 PROGRAM SERVICES ONLINE JOURNAL 7068500 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES MANAGEMENT AND GENERAL 686866 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES SUPPORT FOR DEVELOPMENT OF INFRASTRUCTURE AND PLATFORM FOR CURATION OF PREPRINTS 75136 SOUTH AMERICA 0 0 PROGRAM SERVICES SUPPORT FOR UNDERREPRESENTED SCIENTISTS 24704 SOUTH ASIA 0 0 PROGRAM SERVICES SUPPORT FOR UNDERREPRESENTED SCIENTISTS 15000 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES SUPPORT FOR UNDERREPRESENTED SCIENTISTS 7226 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES SUPPORT FOR UNDERREPRESENTED SCIENTISTS 5000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES TRAVEL GRANTS 1000 1 50 0 0 1 50 7883432 0 7883432 SUPPORT FOR DEVELOPMENT OF INFRASTRUCTURE AND PLATFORM FOR CURATION OF PREPRINTS EUROPE (INCLUDING ICELAND & GREENLAND) 1 75136 SUPPORT FOR UNDERREPRESENTED SCIENTISTS SOUTH AMERICA 8 24704 SUPPORT FOR UNDERREPRESENTED SCIENTISTS SOUTH ASIA 3 15000 SUPPORT FOR UNDERREPRESENTED SCIENTISTS SUB-SAHARAN AFRICA 10 7226 SUPPORT FOR UNDERREPRESENTED SCIENTISTS EUROPE (INCLUDING ICELAND & GREENLAND) 1 5000 TRAVEL GRANT AWARDED EUROPE (INCLUDING ICELAND & GREENLAND) 1 1000 0 0 0 0 0 0 PART I, LINE 2: PROCEDURES FOR MONITORING USE OF GRANT FUNDS OUTSIDE THE UNITED STATES:ELIFE REQUIRES POTENTIAL GRANT RECIPIENTS TO SUBMIT FORMAL APPLICATIONS WHIHC ARE REVISED BY ELIFE FOR CONSISTENCY WITH THE ORGANIZATION'S JUDGING PROCESS AND CRITERIA. FURTHERMORE, UPON ACCEPTANCE OF THE GRANT ELIFE REQUIRES A WRITTEN REPORT FROM THE GRANTEE PROVIDING DETAIL ABOUT HOW FUNDS WERE USED TO ACCOMPLISH THE GRANT OBJECTIVES. REPORTS ARE REVIEWED BY ELIFE FOR COMPLIANCE WITH GRANT CONDITIONS. PART III ACCOUNTING METHOD: 1 JOHN HOPKINS UNIVERSITY 3400 N CHARLES STREET BALTIMORE MD 21218 520595110 501(C)3 6953 0 SUPPORT FOR RAPID REVIEW OF COVID 19 PREPRINTS CODE FOR SCIENCE & SOCIETY INC 3439 SE HAWTHORNE BLVD 247 PORTLAND OR 97214 813791683 501(C)3 91667 0 ENGAGEMENT OF UNDERREPRESENTED COMMUNITIES IN RESEARCH 2 0 SCHEDULE I, PART III, LINE 1: PROCEDURES FOR MONITORING USE OF GRANT FUNDS INSIDE THE UNITED STATES ELIFE REQUIRES POTENTIAL GRANT RECIPIENTS TO SUBMIT FORMAL APPLICATIONS WHICH ARE REVIEWED BY ELIFE FOR CONSISTENCY WITH THE ORGANIZATION'S JUDGING PROCESS AND CRITERIA. FURTHERMORE, UPON ACCEPTANCE OF THE GRANT ELIFE REQUIRES A WRITTEN REPORT FROM THE GRANTEE PROVIDING DETAIL ABOUT HOW FUNDS WERE USED TO ACCOMPLISH THE GRANT OBJECTIVES. REPORTS ARE REVIEWED BY ELIFE FOR COMPLIANCE WITH GRANT CONDITIONS. X X X 0 0 0 0 0 0 0 1 0 DAMIAN PATTINSON EXEC DIR,SEC,TREAS 166745 0 29767 0 0 0 11279 0 0 0 207791 0 0 0 PART I, LINE 7: THE BOARD OF ELIFE SCIENCES PUBLICATIONS LTD PAID A DISCRETIONARY BONUS TO DAMIAN PATTINSON IN RECOGNITION OF HIS SIGNIFICANT CONTRIBUTION TO ELIFE DURING 2022. THE BONUS WAS APPROVED BY THE BOARD. FORM 990, PAGE 1, BOX E: TELEPHONE NUMBER PROVIDED IS A UK NUMBER. FORM 990, PART V, LINE 2A: ELIFE HAS 1 U.S. EMPLOYEE THAT WAS ISSUED A W-2, BUT HAS 50 EMPLOYEES IN THE UNITED KINGDOM, FOR THE TOTAL OF 51 EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 2 MICHAEL EISEN, AN OFFICER, HAD A BUSINESS RELATIONSHIP WITH ERIN O'SHEA. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF ELIFE ARE HOWARD HUGHES MEDICAL INSTITUTE AND WELLCOME TRUST. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER HAS THE POWER TO APPOINT ONE MEMBER OF THE BOARD OF DIRECTORS OF ELIFE. CERTAIN GOVERNANCE DECISIONS REQUIRE UNANIMOUS CONSENT OF THE MEMBERS AND INCLUDE, BUT ARE NOT LIMITED TO, THE FOLLOWING: AMENDMENT TO ARTICLES OF INCORPORATION OR BYLAWS; ELECTION OF ADDITIONAL MEMBERS; CHANGE TO NUMBER OF DIRECTORS; APPOINTMENT OR REMOVAL OF A DIRECTOR; AND FILLING THE VACANCY OF A DIRECTOR POSITION. FORM 990, PART VI, SECTION A, LINE 7B SAME AS LINE 7A ABOVE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS PREPARED BY ELIFE'S INDEPENDENT ACCOUNTING FIRM AND WAS REVIEWED BY SENIOR MANAGEMENT AND THE AUDIT COMMITTEE. PRIOR TO FILING THE FORM 990 WITH THE IRS, A COPY OF FORM 990 WAS PROVIDED TO EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST ON AN ANNUAL BASIS. ELIFE HAS A CONFLICT OF INTEREST POLICY THAT REQUIRES DIRECTORS, OFFICERS AND OTHER EMPLOYEES TO DISCLOSE INTERESTS THAT MAY GIVE RISE TO A CONFLICT. ELIFE MONITORS THE POLICY BY REQUIRING INDIVIDUALS TO COMPLETE AN ANNUAL QUESTIONNAIRE THAT REQUIRES DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION DECISIONS ARE MADE BY INDIVIDUALS THAT ARE INDEPENDENT WITH RESPECT TO THE INDIVIDUAL RECEIVING THE COMPENSATION. THE BOARD OBTAINS AND RELIES ON COMPARABILITY DATA IN ESTABLISHING THE COMPENSATION FOR ITS OFFICERS. COMPENSATION IS APPROVED IN ADVANCE OF PAYMENT, AND THE DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 ELIFE DOES NOT MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE GENERAL PUBLIC UNLESS THERE IS A LEGAL OBLIGATION TO DO SO. OUR AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FROM THE UK COMPANIES REGISTRY. FORM 990, PART XI, LINE 9: UNREALIZED GAIN FROM MOVEMENT IN FX RATE 133,241. FOREIGN CURRENCY TRANSLATION ADJUSTMENT -133,067.