2024-09-11T07:55:47-05:00 2023-12-31 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2023-01-01 912003533 ROOM TO READ ROOM 4158394400 465 CALIFORNIA STREET 1000 SAN FRANCISCO CA 94104 GEETHA MURALI CEO 4158394400 2024-09-10 1 0 DANIEL ROMANO P00504182 2125990100 2023 2024-08-08 14:25:15Z GEETHA MURALI 465 CALIFORNIA STREET 1000 SAN FRANCISCO CA 94104 62745570 0 X WWW.ROOMTOREAD.ORG X 1999 WA ROOM TO READ IS CREATING A WORLD FREE FROM ILLITERACY AND GENDER INEQUALITY, THROUGH EDUCATION. 21 20 97 10000 0 0 63414883 61036639 0 0 -3639594 490851 -421868 -455609 59353421 61071881 2863916 2558873 0 0 33670794 35164950 0 0 6154932 30335214 27284031 66869924 65007854 -7516503 -3935973 72676292 74192152 9147179 10672090 63529113 63520062 X ROOM TO READ IS CREATING A WORLD FREE FROM ILLITERACY AND GENDER INEQUALITY, THROUGH EDUCATION. 0 0 43133700 2558873 47363 ROOM TO READ'S LITERACY PROGRAM SUPPORTS CHILDREN AS THEY DEVELOP INTO INDEPENDENT READERS AND LIFELONG LEARNERS WHO ARE BREAKING THE CYCLE OF ILLITERACY WITHIN THEIR OWN FAMILIES. OUR LITERACY PROGRAM TRAINS AND COACHES COHORTS OF TEACHERS, CREATES QUALITY BOOKS AND CURRICULAR MATERIALS AND ESTABLISHES LIBRARIES FILLED WITH DIVERSE CHILDREN'S BOOKS IN LOCAL LANGUAGES THAT CAN BE ENJOYED AT SCHOOL OR HOME. WE PARTNER WITH LOCAL COMMUNITIES, GOVERNMENTS, AND THE PUBLISHING INDUSTRY TO TEST AND IMPLEMENT INNOVATIVE MODELS THAT HELP CHILDREN OF ALL GENDERS AND BACKGROUNDS ESTABLISH FOUNDATIONAL LITERACY SKILLS AND DEVELOP A LOVE OF READING, INSPIRING CHILDREN TO BECOME LIFE-LONG LEARNERS. (CONTINUED ON SCHEDULE O)TO DATE, ROOM TO READ HAS BENEFITED 41.8 MM CHILDREN AND MORE THAN 334,491 PARTNER SCHOOLS THROUGH ITS LITERACY PORTFOLIO. 13080337 ROOM TO READ'S GIRLS' EDUCATION PROGRAM ENSURES THAT GIRLS BUILD THE SKILLS TO SUCCEED IN SCHOOL AND NEGOTIATE KEY LIFE DECISIONS. WE SUPPORT GIRLS AS THEY DEVELOP THEIR POWER AS POSITIVE CHANGE AGENTS BY PROVIDING CRITICAL KNOWLEDGE, LIFE SKILLS CLASSES, MENTORSHIP, PEER SUPPORT, AND FAMILY AND COMMUNITY ENGAGEMENT. THROUGH THE PROGRAM, GIRLS ARE SUPPORTED WITH ROLE MODELS AND RESOURCES TO SELF-ADVOCATE AND CHART A SUCCESSFUL LIFE PATH THAT THEY CHOOSE FOR THEMSELVES.TO DATE, ROOM TO READ HAS BENEFITED 3.7 MM GIRLS THROUGH ITS GIRLS' EDUCATION AND GENDER EQUALITY PORTFOLIO. (CONTINUED ON SCHEDULE O) 56214037 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 1 1 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 X 66 0 1 97 1 0 1 AS BG CB CA HK IN JA LA NP SZ SN SF CE TZ UK VM ZA NZ NL AE 0 0 0 1 1 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AK AL AR AZ CA CT DC FL GA HI IL KS KY LA MA MD ME MI MN MS NC NH NJ NM NY OH OK OR PA RI SC TN UT VA WV X X SHARI FREEDMAN CFO 4158394000 465 CALIFORNIA ST STE 1000 SAN FRANCISCO CA 94104 GEETHA MURALI CEO / DIRECTOR 40.00 0.00 X X 353520 0 16188 YUSUF ALIREZA BOARD CHAIR 1.00 0.00 X X 0 0 0 ANDREW BALLS DIRECTOR 1.00 0.00 X 0 0 0 MARY BYRON DIRECTOR 1.00 0.00 X 0 0 0 DR LUIS CROUCH DIRECTOR 1.00 0.00 X 0 0 0 CARL HUTTENLOCHER DIRECTOR 1.00 0.00 X 0 0 0 ELIZABETH KING DIRECTOR 1.00 0.00 X 0 0 0 JOHN LINDFORS DIRECTOR 1.00 0.00 X 0 0 0 FRANK VAN VEENENDAAL DIRECTOR 1.00 0.00 X 0 0 0 SUSAN WOJCICKI DIRECTOR 1.00 0.00 X 0 0 0 STANLEY HAINSWORTH DIRECTOR 1.00 0.00 X 0 0 0 SABINE CHALMERS DIRECTOR 1.00 0.00 X 0 0 0 MIKE CANNON-BROOKES DIRECTOR 1.00 0.00 X 0 0 0 LYDIE HUDSON DIRECTOR 1.00 0.00 X 0 0 0 NAJOH TITA-REID DIRECTOR 1.00 0.00 X 0 0 0 VICKY TSAI DIRECTOR 1.00 0.00 X 0 0 0 SONNY KALSI DIRECTOR 1.00 0.00 X 0 0 0 TOMOYA MASANAO DIRECTOR 1.00 0.00 X 0 0 0 BENJAMIN PIPER DIRECTOR 1.00 0.00 X 0 0 0 STASIA OBREMSKEY DIRECTOR 1.00 0.00 X 0 0 0 JOHN RIDDING TERM END MAR 2023 DIRECTOR 1.00 0.00 X 0 0 0 SCOTT KAPNICK DIRECTOR 1.00 0.00 X 0 0 0 MARIA MCGLYNN CHIEF OF STAFF 40.00 0.00 X 82648 0 27592 SHARI FREEDMAN CFO 40.00 0.00 X 262537 0 41570 CYNTHIA ORME CHIEF PEOPLE AND TECHNOLOGY OFFICER 40.00 0.00 X 235976 0 16623 HEATHER SIMPSON CHIEF PROGRAM OFFICER 40.00 0.00 X 255314 0 28488 LAURIE MCMAHON CHIEF DEVCOM OFFICER 40.00 0.00 X 234855 0 9370 JULIE SIMS VICE PRESIDENT, MARCOM 40.00 0.00 X 214878 0 26292 MICHAEL BOWERS CHIEF PROGRAM IMPLEMENTATI 40.00 0.00 X 235976 0 12646 NANCY SHYER VICE PRESIDENT FINANCE 40.00 0.00 X 205067 0 32667 2080771 0 211436 40 0 1 0 MOONSHINE MEDIA GROUP 2255 SHERIDAN BLVD EDGEWATER CO 80214 FILM PRODUCTION 233851 GRANT THORNTON LLP PO BOX 51552 LOS ANGELES CA 900515852 AUDIT AND TAX CONSULTING SERVICES 160070 SUNDANCE GRAPHICS LLC 9564 DELEGATES DRIVE ORLANDO FL 32827 PRINTING OF BOOKS 154185 CLOUDELLIGENT 1133 DIAMOND DOVE LITTLE ELM TX 75068 IT COUNSULTING SERIVCE 151250 BOOKS FOR LESS LLC PO BOX 344 NEW YORK NY 10116 BOOK DISTRIBUTION 133525 5 85795 2424173 58526671 4223934 61036639 493763 493763 1079960 1082872 -2912 -2912 -2912 58592 85795 590817 -532225 -532225 MISCELLANEOUS REVENUE 900099 53666 53666 CONTRACT REVENUE 900099 47363 47363 CURRENCY EXCHANGE 900099 -24413 -24413 76616 61071881 47363 0 -12121 X 2558873 2558873 1036655 580410 412858 43387 27849522 22705151 1359862 3784509 719278 442295 74700 202283 4581229 4090491 136141 354597 978266 590304 125568 262394 102628 74079 24814 3735 369476 180640 128216 60620 2801623 2418131 105388 278104 16594 16594 360173 356696 1202 2275 2084224 1915921 12190 156113 2062682 1632435 98597 331650 1354437 1175557 58337 120543 109278 106232 36 3010 14123 8894 1477 3752 101145 71148 29077 920 DONATED BOOKS 6849513 6849513 LITERACY PROGRAM 6066313 6066313 GIRLS EDUCATION PROGRAM 1983229 1983229 STAFF RECRUITMENT & DEV 420984 385238 17357 18389 2587609 2022487 53065 512057 65007854 56214037 2638885 6154932 10961661 8001540 710657 9971849 29456572 29518450 192678 170197 4573546 1209193 1253095 1251207 595229 543221 66127 52008 20968687 17785090 4493269 6232618 72676292 74192152 982468 820796 718146 804215 7446565 9047079 9147179 10672090 X 34293203 32257094 29235910 31262968 63529113 63520062 72676292 74192152 X -3935973 2113181 1489080 324661 X 0 1 X 1 1 1 X 59968360 61649102 87360213 63414883 61036639 333429197 59968360 61649102 87360213 63414883 61036639 333429197 35716666 297712531 201538 283526 482221 350518 493763 1811566 279498 5862 21276 170634 112258 589528 335830291 186219 0.88650 0.91950 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 61,937. 2020 AMOUNT: $ 5,862. 2021 AMOUNT: $ 3,690. 2022 AMOUNT: $ 70,240. 2023 AMOUNT: $ 53,666. GROSS INCOME FROM FUNDRAISING - 2019 AMOUNT: $ 217,561. 2021 AMOUNT: $ 17,586. 2022 AMOUNT: $ 100,394. 2023 AMOUNT: $ 58,592. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 118083 72649 45434 239135 235122 4013 238011 235450 2561 52008 OTHER ASSETS 545960 ROU ASSETS 5686658 6232618 ACCRUED LIABILITIES 3149469 LEASE LIABILITIES ( SHORT TERM) 1499902 LEASE LIABILITIES ( LONG TERM) 4397708 9047079 X PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE THE ORGANIZATION WAS INCORPORATED UNDER THE LAWS OF THE STATE OF WASHINGTON AND GRANTED TAX-EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND BY THE CALIFORNIA FRANCHISE TAX BOARD UNDER SECTION 23701D OF THE REVENUE AND TAXATION CODE. ACCORDINGLY, THE ORGANIZATION IS NOT SUBJECT TO U.S FEDERAL OR STATE INCOME TAX ON ITS INCOME OTHER THAN UNRELATED BUSINESS INCOME, AND NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO CONSOLIDATED FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS, TO IDENTIFY AND REPORT UNRELATED INCOME, TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT WAS NEXUS, AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. 1 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 26 794 PROGRAM SERVICES LITERACY & GENDER EQUALITY 16790068 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 8 110 PROGRAM SERVICES LITERACY & GENDER EQUALITY 10881192 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 17 286 PROGRAM SERVICES LITERACY & GENDER EQUALITY 8493093 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 2 13 FUNDRAISING 568743 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 1 0 FUNDRAISING 35849 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 3 FUNDRAISING 233518 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 36 SUPPORT SERVICES 2055256 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 4 9 FUNDRAISING 1010319 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, GRANTMAKING 1014063 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, GRANTMAKING 467738 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, GRANTMAKING 363547 MIDDLE EAST GRANTMAKING 713525 60 1251 0 0 60 1251 40068038 2558873 42626911 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, LITERACY PROGRAM 1014064 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, LITERACY PROGRAM 467738 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, LITERACY PROGRAM 363547 0 MIDDLE EAST LITERACY PROGRAM 271088 0 MIDDLE EAST LITERACY PROGRAM 442436 0 5 0 0 1 0 0 1 PART I, LINE 2: THE COUNTRY OFFICES AND THE GLOBAL OFFICES COLLABORATE TO MANAGE GLOBAL RESOURCE ALLOCATION, COMPLIANCE, AND REGIONAL INSIGHTS/SHARING. ANNUAL BUDGET DEVELOPED JOINTLY BY THE COUNTRY AND GLOBAL OFFICES ARE APPROVED BY THE BOARD. LITERACY PROGRAM FUNDS ARE PROVIDED BASED ON THESE BUDGETS TO THE SCHOOLS SELECTED FOR THE PROGRAM. SCHOOL SELECTION IS MOSTLY BASED ON AGREEMENTS WITH SYSTEM OR PROGRAM PARTNERS. ORGANIZATION REPRESENTATIVES MEET WITH THE FAMILIES, COMMUNITY LEADERS AND SCHOOL TEACHERS ON A REGULAR BASIS TO ENSURE PROPER UTILIZATION OF BOOKS AND MATERIALS PROVIDED. PROGRAM TEAMS FROM THE GLOBAL OFFICES AND THE COUNTRY OFFICES COLLABORATIVELY REVIEW THE PROGRESS OF PROGRAM TO ENSURE ACHIEVEMENT OF THE OUTCOMES ENVISAGED. PART I, LINE 3: ACCOUNTING METHOD ALL APPLICABLE SECTIONS ARE PRESENTED BASED ON THE ACCRUAL METHOD OF ACCOUNTING, WHICH IS CONSISTENT WITH THE METHOD USED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. NEW YORK GALA 75250 60736 14514 120547 SYDNEY GALA 34016 7456 26560 29294 2 35121 17603 17518 45555 395421 144387 85795 58592 195396 395421 590817 -532225 X X X X 0 0 0 0 0 0 0 0 0 GEETHA MURALI CEO / DIRECTOR 353520 0 0 0 0 0 5882 0 10306 0 369708 0 0 0 SHARI FREEDMAN CFO 262537 0 0 0 0 0 16074 0 25496 0 304107 0 0 0 HEATHER SIMPSON CHIEF PROGRAM OFFICER 255314 0 0 0 0 0 15283 0 13205 0 283802 0 0 0 CYNTHIA ORME CHIEF PEOPLE AND TECHNOLOGY OFFICER 235976 0 0 0 0 0 14123 0 2501 0 252600 0 0 0 MICHAEL BOWERS CHIEF PROGRAM IMPLEMENTATI 235976 0 0 0 0 0 0 0 12646 0 248622 0 0 0 LAURIE MCMAHON CHIEF DEVCOM OFFICER 234855 0 0 0 0 0 9370 0 0 0 244225 0 0 0 JULIE SIMS VICE PRESIDENT, MARCOM 214878 0 0 0 0 0 12385 0 13906 0 241169 0 0 0 NANCY SHYER VICE PRESIDENT FINANCE 205067 0 0 0 0 0 12268 0 20399 0 237734 0 0 0 X 3141062 FMV X 40 1082872 FMV 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS OR ITEMS ROOM TO READ IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED IN 2023. FORM 990 IN ORDER TO BE AS TRANSPARENT AS POSSIBLE ON THE OPERATIONS OF THE ORGANIZATION, ROOM TO READ (THE ORGANIZATION") HAS ELECTED TO FILE FORM 990 ON A CONSOLIDATED BASIS TO BE CONSISTENT WITH ITS CONSOLIDATED AUDITED FINANCIAL STATEMENTS. THE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE ACCOUNTS OF THE ORGANIZATION, ONE REGIONAL OFFICE AND SEVEN COUNTRY OFFICES REGISTERED UNDER ROOM TO READ, AS WELL AS ACCOUNTS OF ROOM TO READ AUSTRALIA LIMITED, ROOM TO READ CANADA, ROOM TO READ (HONG KONG) LIMITED, ROOM TO READ INDIA PRIVATE COMPANY LIMITED, ROOM TO READ INDIA TRUST, ROOM TO READ GLOBAL SERVICES PRIVATE LIMITED, ROOM TO READ UNITED ARAB EMIRATES , ROOM TO READ JAPAN, ROOM TO READ NEPAL, ROOM TO READ NETHERLANDS, ROOM TO READ NEW ZEALAND CHARITABLE TRUST, ROOM TO READ SINGAPORE LIMITED, ROOM TO READ SOUTH AFRICA ASSOCIATION, ROOM TO READ-SWITZERLAND, ROOM TO READ UNITED KINGDOM LIMITED AND ROOM TO READ ZAMBIA LIMITED IN WHICH THE ORGANIZATION EFFECTIVELY HAS CONTROL AND AN ECONOMIC INTEREST. ALL INTERCOMPANY ACCOUNTS AND TRANSACTIONS HAVE BEEN ELIMINATED. FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS: FOUNDED IN 2000 ON THE BELIEF THAT WORLD CHANGE STARTS WITH EDUCATED CHILDREN, ROOM TO READ IS CREATING A WORLD FREE FROM ILLITERACY AND GENDER INEQUALITY THROUGH EDUCATION. WE ARE ACHIEVING THIS GOAL BY PROVIDING SUPPORT DURING TWO OF THE MOST CRITICAL TIME PERIODS IN A CHILD'S EDUCATION: PRIMARY SCHOOL FOR LITERACY ACQUISITION AND SECONDARY SCHOOL FOR LIFE SKILLS ACQUISITION, PARTICULARLY FOR GIRLS. OUR LITERACY PROGRAM TRAINS AND COACHES TEACHERS, CREATES QUALITY BOOKS AND CURRICULAR MATERIALS AND ESTABLISHES LIBRARIES FILLED WITH DIVERSE CHILDREN'S BOOKS IN LOCAL LANGUAGES THAT CAN BE ENJOYED AT SCHOOL OR HOME. OUR GIRLS' EDUCATION PROGRAM HELPS GIRLS SUCCEED IN SECONDARY SCHOOL AND NEGOTIATE KEY LIFE DECISIONS BY SUPPORTING THEM AS THEY INCREASE THEIR RESILIENCE, LEADERSHIP, COLLABORATION, CRITICAL THINKING AND DECISION-MAKING SKILLS. WE DO SO BY PROVIDING GIRLS WITH POSITIVE ROLE MODELS, LIFE SKILLS CLASSES, OPPORTUNITIES FOR MENTORSHIP AND PEER SUPPORT, AND FAMILY, SCHOOL AND COMMUNITY ENGAGEMENT. WE ALSO DELIVER REMOTE SOLUTIONS THAT LEVERAGE LOCAL BROADCAST MEDIA NETWORKS AND INTERNET-BASED TECHNOLOGIES TO FACILITATE LEARNING BEYOND THE CLASSROOM. ROOM TO READ COLLABORATES WITH LOCAL COMMUNITIES, PARTNER ORGANIZATIONS AND GOVERNMENTS TO TEST AND IMPLEMENT INNOVATIVE MODELS THAT CAN BE INTEGRATED INTO THE EDUCATION SYSTEM TO DELIVER POSITIVE OUTCOMES FOR CHILDREN AT SCALE. TO DATE, ROOM TO READ HAS BENEFITED MORE THAN 45 MILLION CHILDREN AND HAS WORKED IN MORE THAN 192,000 COMMUNITIES AND 24 COUNTRIES, INCLUDING BANGLADESH, CAMBODIA, CHINA, GRENADA, HONDURAS, INDIA, INDONESIA, ITALY, JORDAN, LAOS, LEBANON, MALDIVES, MYANMAR, NEPAL, PAKISTAN, PHILIPPINES, RWANDA, SOUTH AFRICA, SRI LANKA, TANZANIA, UGANDA, UNITED STATES, VIETNAM AND ZAMBIA. LEARN MORE AT WWW.ROOMTOREAD.ORG. FORM 990, PART V, LINE 2A THERE WERE 97 EMPLOYEES IN 2023. NUMBER OF TOTAL WORLDWIDE EMPLOYEES IN 2023 WAS 1,348. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS ROOM TO READ'S FORM 990 UNDERGOES A NUMBER OF INTERNAL AND EXTERNAL REVIEWS PRIOR TO BEING FILED WITH THE IRS. THE RETURN IS REVIEWED BY ROOM TO READ'S PUBLIC ACCOUNTING FIRM, GRANT THORNTON LLP, AND REVIEWED BY ROOM TO READ'S ACCOUNTING DEPARTMENT, CEO, AND CFO. THEN COPIES OF THE FORM 990 ARE PROVIDED TO THE AUDIT COMMITTEE AND TO ALL BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL. ANY QUESTIONS THE AUDIT COMMITTEE AND BOARD MEMBERS HAVE ARE DIRECTED TO ROOM TO READ'S CONTROLLER. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING OF CONFLICT OF INTEREST POLICY OUR CONFLICT OF INTEREST POLICY IS INCLUDED IN ROOM TO READ'S EMPLOYEE HANDBOOK. WORLDWIDE THE EMPLOYEE HANDBOOK IS DISTRIBUTED TO NEW EMPLOYEES UPON HIRE. IN ACCORDANCE WITH THIS POLICY, SIGNED ACKNOWLEDGEMENTS ARE MAINTAINED IN INDIVIDUAL EMPLOYEE FILES BY HUMAN RESOURCES. ANNUALLY THE MANAGEMENT TEAM AND BOARD SIGN CONFLICT OF INTEREST STATEMENTS AND DURING THE YEAR ANY CHANGES IN CONFLICT OF INTEREST ARE REPORTED TO THE BOARD. IF A SITUATION OF CONFLICT ARISE ON ANY MATTER, THE INTERESTED MEMBER/S ABSTAIN FROM VOTING ON THAT MATTER. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION OF CEO AND KEY EMPLOYEES THE BOARD HAS A HUMAN RESOURCES COMMITTEE WHICH INCLUDES AT LEAST TWO INDEPENDENT DIRECTORS AND CHIEF PEOPLE AND TECHNOLOGY OFFICER. THE ORGANIZATION USES AN INDEPENDENT ADVISORY PARTY TO BENCHMARK ALL SALARY RANGES AT LEAST EVERY 2 YEARS. THE HUMAN RESOURCES COMMITTEE REVIEWS AND APPROVES IN GENERAL THE ORGANIZATION'S SALARY RANGES. SEPARATELY, BASED ON THESE BENCHMARKS AND ON INDIVIDUAL PERFORMANCE REVIEWS, THE HUMAN RESOURCES COMMITTEE SUBMITS RECOMMENDATIONS FOR TOP MANAGEMENT SALARIES (INCLUDING THE CEO AND CFO) TO THE BOARD, WHICH ARE REVIEWED AND DOCUMENTED BY THE BOARD AS PART OF THE ANNUAL BUDGET DISCUSSION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE TO THE PUBLIC THE ORGANIZATION MAKES FINANCIAL DOCUMENTS SUCH AS AN ANNUAL AUDIT, FORM 990, FORM 990-T, AND ANNUAL REPORT AVAILABLE TO THE PUBLIC ON THE ROOM TO READ WEBSITE OR UPON REQUEST. ALL OTHER GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC VIA THE ORGANIZATIONAL WEBSITE BUT CAN BE ISSUED UPON REQUEST IF APPROPRIATE. THE CONFLICT OF INTEREST POLICY IS SHARED AND UPDATED ANNUALLY WITH THE BOARD OF DIRECTORS AND KEY EMPLOYEES. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,418,131. MANAGEMENT AND GENERAL EXPENSES 105,388. FUNDRAISING EXPENSES 278,104. TOTAL EXPENSES 2,801,623. FORM 990, PART XI, LINE 9: CURRENCY TRANSLATION ADJUSTMENT 324,661. ROOM TO READ JAPAN CHIBA OFFICE 1-24-5 SOYA ICHIKAW CHIBA ICHIKAWA-SHI JA 272-0834 FUNDRAISING JA ROOM TO READ 1 ROOM TO READ SINGAPORE 101C TELOK AYER STREET SN 068574 FUNDRAISING SN ROOM TO READ 1 ROOM TO READ SWITZERLAND AM SCHANZENGRABEN 25 PO BOX 2660 ZURICH SZ 8022 FUNDRAISING SZ ROOM TO READ 1 ROOM TO READ UNITED KINGDOM BRACKEN HOUSE 1 FRIDAY STREET LONDON UK EC4M 9BT FUNDRAISING UK ROOM TO READ 1 ROOM TO READ HONG KONG 13/F GLOUCESTER TOWER THE LANDMAR HK FUNDRAISING HK ROOM TO READ 1 ROOM TO READ ZAMBIA PO BOX R1017 LUSAKA ZA PROGRAMS ZA ROOM TO READ 1 ROOM TO READ SOUTH AFRICA POSTNET SUITE 172 PBAG X15 MENLO BLOCK C FERHSEN STREET BROOKLY PRETORIA SF 0081 PROGRAMS SF ROOM TO READ 1 ROOM TO READ CANADA 18 KING STREET EAST SUITE 1400 TORONTO ONTARIO CA M5C 1C4 FUNDRAISING CA ROOM TO READ 1 ROOM TO READ AUSTRALIA LIMITED 166 GLEBE POINT RD GLEBE SUITE 201 NEW SOUTH WALES AS 2037 FUNDRAISING AS ROOM TO READ C 2246886 4553000 1.00000 1 ROOM TO READ INDIA PRIVATE COMPANY NO 517 DOUBLE STORYNEW RAJINDRA NEW DELHI IN 110075 PROGRAM IN ROOM TO READ C 812 1.00000 1 ROOM TO READ INDIA TRUST C21 QUTAB INSTITUTIONAL AREA DELHI IN 110075 PROGRAM IN IN PVT CO T 6695511 5622865 1.00000 1 ROOM TO READ NEW ZEALAND 89 THE TERRACE WELLINGTON CENTRAL WELLINGTON NZ 6011 FUNDRAISING NZ ROOM TO READ C 1.00000 1 ROOM TO READ GLOBAL SERVICES PVT LTD COWRKS GRND FLR 1ST FLR WORLDMA NEW DELHI IN 110075 SUPPORT SERVICES IN ROOM TO READ C 2197394 429250 1.00000 1 0 1 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 ROOM TO READ SINGAPORE B 70204 FMV ROOM TO READ INDIA TRUST B 2816226 FMV ROOM TO READ UK C 748965 FMV ROOM TO READ GLOBAL SERVICES PRIVATE LIMITED B 2420863 FMV ROOM TO READ SINGAPORE C 521602 FMV ROOM TO READ CANADA C 70596 FMV SCHEDULE R, PART V, LINE 2: TRANSACTIONS WITH RELATED ORGANIZATIONS AS DESCRIBED IN SCHEDULE O, THE ORGANIZATION IS REPORTING ITS FORM 990 ON A CONSOLIDATED BASIS TO BE CONSISTENT WITH THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS. THEREFORE, THE TRANSACTIONS REQUIRED TO BE DISCLOSED ON SCHEDULE R ARE SHOWN ON A NONCONSOLIDATED BASIS TO BE TRANSPARENT IN OUR OPERATIONS.