2016-11-15T14:07:47-06:00 2015-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2015-01-01 464406454 SEFARIA INC SEFA 3478046482 174 HUDSON STREET 6TH FLOOR NEW YORK NY 10013 JOSHUA FOER CHAIRMAN 3478046482 2016-11-14 1 AARON SHAPIRO P01333816 2128674000 2015 2017-02-10 21:41:12Z JOSHUA FOER 174 HUDSON STREET 6TH FLOOR NEW YORK NY 10013 2696447 0 X WWW.SEFARIA.ORG X 2013 DE TO BUILD A DIGITAL LIBRARY OF JEWISH TEXTS, IN HEBREW AND IN TRANSLATION, AND TRANSFORM JEWISH EDUCATION, PUBLISHING, TECH AND SCHOLARSHIP. 7 6 10 1000 0 0 637424 2694997 0 0 0 0 0 1450 637424 2696447 0 0 0 0 209310 561597 67428 14355 133069 372265 786292 649003 1362244 -11579 1334203 338362 1667910 32295 27640 306067 1640270 SEFARIA, INC. (SEFARIA) IS BUILDING A DIGITAL LIBRARY OF JEWISH TEXTS AND THEIR CONNECTIONS, IN HEBREW AND IN ENGLISH, TO TRANSFORM JEWISH PUBLISHING, TECHNOLOGY, EDUCATION AND SCHOLARSHIP. 0 0 1061712 SEFARIA IS BUILDING AND MAINTAINING A DIGITAL PLATFORM THAT LOWERS THE BARRIERS OF ENGAGEMENT WITH JEWISH TEXTS, CREATES INTERACTIVE OPPORTUNITIES FOR TEACHING AND LEARNING, AND PROVIDES EDUCATORS, SCHOLARS, AND TECHNOLOGISTS WITH AN OPEN SOURCE DATABASE OF TEXTS TO MAKE NEW EDUCATIONAL APPLICATION SIMPLER AND AND MORE VIABLE TO DEVELOP. SEFARIA'S WORK INVOLVES DIGITIZING HEBREW TEXTS, ACQUIRING TRANSLATIONS OF TEXTS AND DESIGNING AND ENGINEERING DIGITAL INTERFACES AND PRODUCTS FOR EXPLORING THEM. 1061712 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 30 0 10 1 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 CA IL MI MD MA NJ NY PA X DANIEL SEPTIMUS 3478046482 174 HUDSON STREET 6TH FLOOR NEW YORK NY 10013 BRETT LOCKSPEISER CHIEF TECHNOLOGY OFFICER AND SECRETARY 40.00 X X 125000 0 0 JOSHUA FOER CHAIRMAN 5.00 X X 0 0 0 MOSHE KOYFMAN TREASURER 1.00 X X 0 0 0 JOSHUA KUSHNER DIRECTOR 1.00 X 0 0 0 FELICIA HERMAN DIRECTOR 1.00 X 0 0 0 JONATHAN KOSCHITZKY DIRECTOR 1.00 X 0 0 0 ELANA STEIN HAIN DIRECTOR 1.00 X 0 0 0 DANIEL SEPTIMUS EXECUTIVE DIRECTOR 40.00 X 193000 0 0 318000 0 0 2 0 1 0 EXSOFTDINARY LTD 31 HANEVIIM STREET POB 7992 JERUSALEM IS 9107901 CONTRACT SOFTWARE ENGINEERING 198913 1 2694997 2694997 SPEAKING HONORARIUMS 900099 1450 1450 1450 2696447 0 0 1450 X 288000 165750 40750 81500 236064 157282 54266 24516 37533 23135 6805 7593 10160 10160 1870 1870 29990 29990 14355 14355 442515 442515 3748 3748 29575 19075 10500 15981 9773 1103 5105 1614 1614 10282 10282 CONTENT ACQUISITIONS 238820 238820 0 MISCELLANEOUS 1737 1737 1362244 1061712 167463 133069 189686 267534 141506 1394210 3957 6166 3213 338362 1667910 32295 27640 32295 27640 X 169067 245762 137000 1394508 306067 1640270 338362 1667910 1334203 0 X X 0 1 X 1 0 X 637424 2694997 3332421 637424 2694997 3332421 3332421 1450 1450 3333871 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPEAKING HONORARIUMS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2696447 0 2696447 0 2696447 1362244 0 1362244 0 1362244 PART X, LINE 2: SEFARIA, INC. HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDED DECEMBER 31, 2013 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. X X X 0 0 0 0 0 0 0 1 0 DANIEL SEPTIMUS EXECUTIVE DIRECTOR 150000 0 43000 0 0 0 0 0 0 0 193000 0 0 0 PART I, LINE 7 BONUSES ARE DETERMINED BY THE BOARD BASED UPON AN EMPLOYEES'S CONTRIBUTION TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 THE CHAIRMAN OF THE BOARD, TREASURER OF THE BOARD, AND THE EXEUCTIVE DIRECTOR REVIEW THE FORM 990 BEFORE IT IS FILED. ALL MEMBERS OF THE BOARD ARE GIVEN AN ELECTRONIC COPY OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12 IN 2015, SEFARIA HAD A CONFLICT OF INTEREST POLICY; HOWEVER, IT WAS NOT FORMALLY MONITORED. IN 2016, THE BOARD IS REQUIRING THAT EVERY MEMBER DISCLOSE IN WRITING ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 IN NOVEMBER 2015, THE BOARD OF DIRECTOR REVIEWED THE EXECUTIVE DIRECTOR'S CURRENT SALARY AND DETERMINED HIS COMPENSATION MOVING FORWARD. IN 2016, THE BOARD IS COMPLETING A FULL EXECUTIVE COMPENSATION STUDY, COMPARING SEFARIA'S COMPENSATION PACKAGE TO OTHER, SIMILAR NONPROFIT ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 SEFARIA DOES NOT MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. SEFARIA'S 990 IS AVAILABLE ON GUIDESTAR AND AVAILABLE UPON REQUEST. IF FOR EXAMPLE, A FOUNDATION OR OTHER INTERESTED PARTY, WANTS TO SEE SEFARIA'S FINANCIALS, INCLUDING AUDITS, THEY ARE SHARED. FORM 990, PART IX, LINE 11G ENGINEERING AND JEWISH TEXT CONSULTANTS: PROGRAM SERVICE EXPENSES 442,515. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 442,515. FORM 990, PART XII, LINE 2C THIS IS THE FIRST YEAR THAT SEFARIA WAS REQUIRED TO UNDERGO AN AUDIT. SEVERAL MEMBERS OF THE BOARD OF DIRECTORS AND MANAGEMENT WERE TASKED TO SELECT THE INDEPENDENT ACCOUNTANT AND TO OVERSEE THE AUDIT PROCESS.