2017-01-11T12:42:18-06:00 2014-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2014-01-01 464406454 SEFARIA INC SEFA 3478046482 174 HUDSON STREET 6TH FLOOR NEW YORK NY 10013 JOSHUA FOER CHAIRMAN 3478046482 2017-01-04 1 AARON SHAPIRO P01333816 2128674000 2014 2017-02-10 21:41:12Z X JOSHUA FOER 174 HUDSON STREET 6TH FLOOR NEW YORK NY 10013 637424 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. 5 4 0 700 0 0 0 637424 0 0 0 0 0 0 0 637424 0 0 0 0 0 234997 0 0 67428 0 414006 0 649003 0 -11579 0 338362 0 32295 0 306067 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 372862 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. 372862 1 1 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 NY IL MD MA NJ PA X X DANIEL SEPTIMUS 3478046482 174 HUDSON STREET 6TH FLOOR NEW YORK NY 10013 BRETT LOCKSPEISER CHIEF TECHNOLOGY OFFICER AND SECRETARY 35.00 X X 112497 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 DANIEL SEPTIMUS EXECUTIVE DIRECTOR 35.00 X 122500 0 0 234997 0 0 2 0 0 0 0 637424 637424 637424 0 0 0 234997 151947 28124 54926 300136 163408 136728 2748 2748 8038 8038 14478 14478 16299 9263 7036 11448 5982 5466 357 357 3243 3243 CONTENT ACQUISITION 46450 46450 ENGAGEMENT AND USER FEE 5075 5075 5734 5734 649003 372862 208713 67428 189686 141506 3957 3213 0 338362 32295 0 32295 X 169067 137000 0 306067 0 338362 -11579 317646 0 X X 1 X 0 1 0 X 637424 637424 637424 637424 637424 637424 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 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. FORM 990, BOX B SEFARIA, INC. ENGAGED AN ACCOUNTING FIRM TO PERFORM A REVIEW OF THE 2014 FINANCIAL STATEMENTS. AS A RESULT, THE ENTIRE 990 WAS AMENDED. FORM 990, PART VI, SECTION B, LINE 11 THE CHAIRMAN OF THE BOARD, TREASURER OF THE BOARD, AND THE EXECUTIVE 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 THE FUTURE, THE BOARD WILL REQUIRE THAT EVERY MEMBER DISCLOSE IN WRITING ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 IN DECEMBER 2014, DIRECTORS OF THE BOARD MET TO REVIEW EXECUTIVE COMPENSATION AS PART OF THE TRANSITION FROM FISCAL SPONSORSHIP TO FULLY, OPERATIONS NON-PROFIT ORGANIZATION. 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. PART XII, LINE 2C THIS IS THE FIRST YEAR THAT SEFARIA WAS REQUIRED TO UNDERGO A REVIEW. SEVERAL MEMBERS OF THE BOARD OF DIRECTORS AND MANAGEMENT WERE TASKED TO SELECT THE INDEPENDENT ACCOUNTANT AND TO OVERSEE THE REVIEW PROCESS.