Sefaria Inc
- Assets
- $4.9m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 19
- Location
- New York, NY
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-4406454
Organization Overview
Sefaria Inc is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Sefaria Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sefaria Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Sefaria Inc generated $4.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $4.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD A DIGITAL LIBARY OF JEWISH TEXTS, IN HEBREW AND IN TRANSLATION, AND TRANSFORM JEWISH EDUCATION, PUBLISHING, TECH AND SCHOLARSHIP.
Describe the Organization's Program Activity:
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 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Foer Co-Founder And Board Chair | Trustee | 1 | $0 |
Brett Lockspeiser Co-Founder, Secretary | Trustee | 1 | $139,050 |
Sam Moed Member | Trustee | 1 | $0 |
Mo Koyfman Treasurer | Trustee | 1 | $0 |
Jonothan Koschitzky Member | Trustee | 1 | $0 |
Elana Stein Hain Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Justworks Inc Peo | 12/30/18 | $1,029,423 |
Yeul Sachir Ltd Contract Employement Firm | 12/30/18 | $568,499 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,697,588 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,697,588 |
| Total Program Service Revenue | $0 |
| Investment income | $4,796 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$4,340 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,698,044 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,141,686 |
| Compensation of current officers, directors, key employees. | $113,817 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $690,189 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $156,843 |
| Payroll taxes | $124,971 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,789 |
| Fees for services: Accounting | $55,612 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,345,028 |
| Advertising and promotion | $0 |
| Office expenses | $24,088 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,098 |
| Travel | $26,028 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $19,780 |
| All other expenses | $23,414 |
| Total functional expenses | $4,812,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,542,844 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,395,128 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,401 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,350 |
| Total assets | $4,946,723 |
| Accounts payable and accrued expenses | $282,544 |
| Grants payable | $0 |
| Deferred revenue | $25,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $307,544 |
| Net assets without donor restrictions | $2,901,827 |
| Net assets with donor restrictions | $1,737,352 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,946,723 |