2021-07-14T11:16:52-05:00 2020-12-31 263753134 CBIZ MHM LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2020-01-01 043478123 ROOT CAPITAL INC ROOT 6176615792 130 BISHOP ALLEN DRIVE 2ND FLOOR CAMBRIDGE MA 021393309 BRYAN WOLINER CFO & TREASURER 6176615792 2021-07-14 1 BRYAN WOLINER 999009999 BRENDA L BOOTH P01342395 6177610600 2021-07-14 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z WILLIAM F FOOTE 130 BISHOP ALLEN DRIVE 2ND FLOOR CAMBRIDGE MA 021393309 21513971 0 X WWW.ROOTCAPITAL.ORG X 1999 MA A NONPROFIT WITH THE MISSION TO GROW RURAL PROSPERITY AND BUILD THE RESILIENCE OF FARMING FAMILIES AROUND THE WORLD. 17 16 50 18 0 0 21446858 14688149 6972914 6572482 373034 116301 80783 20002 28873589 21396934 163153 1671518 0 0 8525596 9476443 0 0 676058 12791580 10255049 21480329 21403010 7393260 -6076 99271192 84001332 69985354 54974293 29285838 29027039 X ROOT CAPITAL SEEKS TO INCREASE INCOMES AND STABILIZE EMPLOYMENT FOR FARMERS IN AFRICA, SOUTH-EAST ASIA, AND LATIN AMERICA. ROOT CAPITAL DOES THIS THROUGH A PROVEN CHANNEL: SUPPORT FOR AGRICULTURAL BUSINESSES THAT COLLECT AND MARKET THE CROPS OF THOUSANDS OF FARMERS. THROUGH A UNIQUE COMBINATION OF CAPITAL, TRAINING, AND ACCESS TO GLOBAL MARKETS, ROOT CAPITAL HELPS AGRICULTURAL BUSINESSES INCREASE FARMER INCOMES, EMPOWERS WOMEN, CONSERVES ECOSYSTEMS, AND CREATES OPPORTUNITIES FOR THE NEXT GENERATION. 0 0 10827643 6592484 ROOT CAPITAL PROVIDES AGRICULTURAL BUSINESSES WITH A UNIQUE COMBINATION OF CREDIT AND CAPACITY BUILDING. THE ORGANIZATION ALSO CATALYZES CHANGE IN THE BROADER SECTOR THROUGH EVALUATION AND SHARED LEARNING. PLEASE REFER TO THE ORGANIZATION'S WEBSITE FOR FURTHER INFORMATION AND STATISTICS ON PROGRAM ACCOMPLISHMENTS.FINANCE: ROOT CAPITAL TYPICALLY PROVIDES LOANS AND LINES OF CREDIT RANGING FROM $50,000 TO $4 MILLION TO SMALL AND GROWING BUSINESSES, THAT SOURCE FROM SMALL-HOLDER FARMERS, WITH A FOCUSES ON THOSE BUSINESSES NOT REACHED BY COMMERCIAL LENDERS.MOST ROOT CAPITAL LOANS CAN BE CATEGORIZED AS FOLLOWS:1) LINES OF CREDIT, WITH TENORS OF ONE TO THREE YEARS AND ARE USED FOR WORKING CAPITAL TO FINANCE THE COST OF PURCHASING AND PROCESSING RAW MATERIAL SOURCED FROM SMALLHOLDER FARMERS.2) TERM LOANS, GRANTED FROM TIME TO TIME, WITH MAXIMUM TENORS OF SEVEN YEARS ARE PROVIDED IN CONNECTION WITH THE WORKING CAPITAL FINANCING TO FINANCE CERTAIN FIXED ASSET PURCHASES AND INVESTMENTS, INCLUDING EQUIPMENT, INFRASTRUCTURE IMPROVEMENTS, AND AGRICULTURAL INPUTS. ROOT CAPITAL ASSESSES PROSPECTIVE CLIENTS AND EVALUATES THEM ON A SERIES OF FINANCIAL, SOCIAL, AND ENVIRONMENTAL CRITERIA. SOCIAL CRITERIA INCLUDE PRICES PAID TO SUPPLIERS, EMPLOYEE WAGES, AND WORKING CONDITIONS, AND COMPANY SUPPORT FOR SOCIAL PROGRAMS SUCH AS TRAINING AND MEDICAL CARE. ENVIRONMENTAL CRITERIA INCLUDE SOIL AND WATER MANAGEMENT, THE IMPACT OF THE BUSINESS ON THE SURROUNDING COMMUNITY, AND STANDARDS FOR PRODUCT HANDLING AND PROCESSING.ROOT CAPITAL'S LENDING SUPPORTS SUSTAINABLE ENVIRONMENTAL PRACTICES THAT PROTECT RURAL ECOSYSTEMS. CROPS PROCESSED AND MARKETED BY ROOT CAPITAL CLIENTS PRIMARILY IN INDUSTRIES INCLUDING COFFEE, COCOA, AND CERTAIN TREE NUTS.ROOT CAPITAL'S ADVISORY SERVICES PROGRAM PROVIDES FINANCIAL TRAINING TO CLIENTS PRIOR TO RECEIVING A LOAN AND DURING THE LIFE OF THE LOAN AS NEEDED. 5051546 1671518 ADVISE: ROOT CAPITAL'S ADVISORY SERVICES PROGRAM PROVIDES TARGETED TRAINING TO CURRENT AND PROSPECTIVE CLIENTS IN TOPICS SUCH AS FINANCIAL MANAGEMENT, GOVERNANCE, AGRONOMIC CAPACITY, DIGITAL BUSINESS INTELLIGENCE, CLIMATE RESILIENCE, GENDER EQUITY, AND MORE. ROOT CAPITAL'S FINANCIAL ADVISORY SERVICES ARE DESIGNED TO PREPARE BUSINESSES WITH GROWTH POTENTIAL TO QUALIFY FOR CREDIT, TO SHEPHERD MORE PROSPECTIVE CLIENTS INTO OUR PORTFOLIO, AND TO MITIGATE THE RISK OF LENDING TO THESE BUSINESSES.THOUGH FINANCIAL MANAGEMENT TRAINING IS THE CORE OFFERING OF THE ORGANIZATION'S ADVISORY PROGRAM, ROOT CAPITAL ALSO PROVIDES COMPLEMENTARY NON-FINANCIAL ADVISORY SERVICES TO HELP BUSINESSES OVERCOME DIFFERENT CHALLENGES AND POSITION THEM FOR GREATER IMPACT. 644630 CATALYZE: ROOT CAPITAL SEEKS TO CATALYZE A THRIVING FINANCIAL MARKET TO SUPPORT HISTORICALLY UNDERSERVED RURAL SMALL AND GROWING BUSINESSES. THE PROGRAM'S STRATEGY IS TO:- INNOVATE - CONDUCT R&D, STUDY IMPACT AT THE HOUSEHOLD AND BUSINESS LEVELS, AND LOOK FOR WAYS TO INCREASE IMPACT.- ACCELERATE - SHARE LEARNING FROM WORK WITH LIKE-MINDED PEERS TO BUILD COMMON STANDARDS AND PRACTICES NECESSARY FOR THE INDUSTRY TO THRIVE AND SCALE.THROUGH INDUSTRY ASSOCIATIONS ROOT CAPITAL PLAYS A LEADERSHIP ROLE IN BUILDING THE ENABLING ENVIRONMENT FOR RURAL SMALL AND GROWING BUSINESS FINANCE.AS A NON-PROFIT COMMITTED TO ALLEVIATING RURAL POVERTY, ROOT CAPITAL SEEKS TO MAXIMIZE THE POSITIVE SOCIAL AND ENVIRONMENTAL IMPACT OF OUR WORK. ECONOMIC, COMMUNITY, AND ENVIRONMENTAL SUSTAINABILITY ARE ALL PART OF OUR CORE VALUES.COMMUNITY SUSTAINABILITY - FARMER ASSOCIATIONS ENCOURAGE PARTICIPATORY DECISION-MAKING AND ARE A SOURCE OF COMMUNITY OWNERSHIP AND PRIDE, MAKING TRADITIONAL AGRICULTURAL ACTIVITIES MORE VIABLE. SOCIAL IMPACT INCLUDES STABILIZING INCOMES IN RURAL COMMUNITIES AND CREATING NEW ECONOMIC OPPORTUNITIES FOR WOMEN, INDIGENOUS PEOPLES AND OTHER MARGINALIZED GROUPS.ENVIRONMENTAL SUSTAINABILITY - ROOT CAPITAL CLIENTS TYPICALLY PROVIDE FARMERS WITH TRAINING IN SUSTAINABLE PRODUCTION TO AVOID DEFORESTATION, REDUCE CHEMICAL USE, IMPROVE WATER AND SOIL MANAGEMENT, AND OTHERWISE PROTECT THE HEALTH OF RURAL ECOSYSTEMS. 16523819 1 1 0 0 0 0 0 0 1 0 1 0 1 0 1 1 0 1 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 X 186 0 1 50 1 0 1 CS KE MX NU PE SG 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X BRYAN WOLINER 6176615792 130 BISHOP ALLEN DRIVE 2ND FLOOR CAMBRIDGE MA 021393309 ANA ZACAPA CHAIR 1.00 0.00 X 0 0 0 JACK TAYLOR VICE CHAIR 1.00 0.00 X 0 0 0 PEGGY CLARK BOARD MEMBER 1.00 0.00 X 0 0 0 FRANZ COLLOREDO-MANSFELD BOARD MEMBER 1.00 0.00 X 0 0 0 RICK PEYSER BOARD MEMBER (THRU 1/2020) 1.00 0.00 X 0 0 0 EUGENE WEIL BOARD MEMBER 1.00 0.00 X 0 0 0 GRANT GUND BOARD MEMBER 1.00 0.00 X 0 0 0 JAN-MAARTEN MULDER BOARD MEMBER 1.00 0.00 X 0 0 0 MARY BARTON DOCK BOARD MEMBER 1.00 0.00 X 0 0 0 CD GLIN BOARD MEMBER 1.00 0.00 X 0 0 0 LINDSAY BOLGER BOARD MEMBER 1.00 0.00 X 0 0 0 MARISSA WESELY BOARD MEMBER 1.00 0.00 X 0 0 0 JAMES BENENSON III BOARD MEMBER 1.00 0.00 X 0 0 0 KEN BARTELS BOARD MEMBER (AS OF 9/2020) 1.00 0.00 X 0 0 0 MARIO FERNANDEZ BOARD MEMBER (AS OF 9/2020) 1.00 0.00 X 0 0 0 SALAH GOSS BOARD MEMBER (AS OF 9/2020) 1.00 0.00 X 0 0 0 SCOTT MCDONALD BOARD MEMBER (AS OF 11/2020) 1.00 0.00 X 0 0 0 MACANI TOUNGARA BOARD MEMBER (AS OF 9/2020) 1.00 0.00 X 0 0 0 WILLIAM FOOTE PRESIDENT & CEO 40.00 0.00 X 320983 0 13462 BRYAN WOLINER CFO/TREASURER 40.00 0.00 X 191175 0 29782 MARLI PORTH CHIEF OF STAFF/CLERK 40.00 0.00 X 107187 0 4312 FRANCES REID CHIEF OPERATING OFFICER 40.00 0.00 X 218133 0 8236 STEVEN NOCKA CHIEF LENDING OFFICER (THRU 11/2020) 40.00 0.00 X 190806 0 30497 AMY MULLEN CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 171391 0 15080 ALEXANDRA TUINSTRA CHIEF PROGRAM OFFICER 40.00 0.00 X 134564 0 1353 NANCY EVERETT GENERAL COUNSEL/CHIEF TALENT OFFICER 40.00 0.00 X 193314 0 29422 DARCY SALINGER CHIEF CREDIT OFFICER 40.00 0.00 X 178011 0 7121 JEAN FORRESTER CONTROLLER AND VP INVESTOR RELATIONS 40.00 0.00 X 173638 0 29904 BENJAMIN WITKOP HEAD OF LENDING, WEST AFRICA & ASIA 40.00 0.00 X 125979 0 5628 2005181 0 174797 16 0 1 0 MARIE MCNEELY BRANDING 109 WEEKS RD OWLS HEAD ME 04854 MARKETING AND BRANDING 172000 CBIZ MHM LLC 500 BOYLSTON ST BOSTON MA 02116 AUDIT AND TAX 128250 2 1540467 13147682 14688149 LOAN INTEREST 522298 4077908 4077908 LOAN GUARANTEES AND RECOVERIES 522298 1393596 1393596 LOAN FEES 522298 1100978 1100978 6572482 113965 113965 119373 117037 2336 2336 2336 CONTRACTED REVENUE REIMBURSEMENTS 900099 20002 20002 20002 21396934 6592484 0 116301 12333 12333 1659185 1659185 1552917 508023 846953 197941 6161966 4260008 1732640 169318 127984 84863 37240 5881 1057114 801052 220493 35569 576462 365424 182254 28784 345576 196647 148479 450 167811 27561 140250 2050416 1703784 169632 177000 5707 3087 2104 516 204070 167078 36798 194 805059 381781 414788 8490 941021 662725 234661 43635 304746 260551 38484 5711 76300 76193 107 1327717 1327717 275750 209473 66277 107309 9296 98013 ALLOWANCE FOR LOAN LOSS 3374179 3374179 LOAN ORIGINATION COSTS 182179 182179 PRINTING & PUBLICATIONS 87209 37686 48243 1280 SHARED COST ALLOCATIONS 0 212994 -214283 1289 21403010 16523819 4203133 676058 17656775 29484806 22692277 3776766 13494601 8139773 650328 110158 772641 722699 1582737 903917 905520 678820 270411 225928 42326410 40391200 502229 471182 99271192 84001332 1799731 1615207 0 500000 2827678 961368 100000 200000 65150830 51369635 107115 328083 69985354 54974293 X 14647481 15530359 14638357 13496680 29285838 29027039 99271192 84001332 -6076 -252723 0 X 0 1 X 1 1 1 X 8283243 11510919 14068743 21446858 14688149 69997912 8283243 11510919 14068743 21446858 14688149 69997912 19059533 50938379 108868 112649 225123 373774 113965 934379 37635 37635 70969926 43412307 0.71770 0.69450 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2016 AMOUNT: $ 37,635. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 164951 75062 89889 121046 107025 14021 1296740 721830 574910 678820 LOANS RECEIVABLE 40391200 F 40391200 DEFERRED RENT LIABILITY 60941 FAIR VALUE OF FOREIGN CURRENCY HEDGES 267142 328083 X 16495009 -252723 234873 -4884075 -4901925 21396934 0 21396934 16753808 234873 234873 16518935 4884075 4884075 21403010 PART IV, LINE 2B: AT TIMES, ROOT CAPITAL CO-LENDS WITH OTHER ORGANIZATIONS AND ADMINISTERS THE ENTIRE LOAN. CREDIT COUNSELING AND DEBT MANAGEMENT SERVICES ARE PROVIDED BY THE CO-LENDER. IN MANY LOCATIONS, ROOT CAPITAL BEARS THE RESPONSIBILITY TO CREATE A TRIANGULATED PARTNERSHIP BETWEEN THE CO-LENDER, BORROWER, AND COMMERCIAL BUYER. THIS CREATES AN ADDED MEASURE OF SECURITY FOR ROOT CAPITAL'S CLIENTS BY ENSURING THAT THEIR PRODUCTS CAN BE SOLD AT A FAIR PRICE, AND HELPS BUYERS CONTRIBUTE TO THE LOCAL ECONOMIES. THE ESCROW FUNDS REPRESENT A TIMING DIFFERENCE BETWEEN REPAYMENTS FROM BORROWERS AND TRANSFER OF FUNDS DUE TO CO-LENDING PARTNERS. THE ESCROW ACCOUNT IS ALSO USED WHEN A BUYER PAYS ROOT CAPITAL THE FULL AMOUNT OF THE MONEY OWED TO A SUPPLIER/BORROWER. ROOT CAPITAL DEDUCTS THE PRINCIPAL AND INTEREST OWED ON ITS LOAN AND FORWARDS THE REMAINING BALANCE TO THE SUPPLIER/BORROWER. PART X, LINE 2: ROOT CAPITAL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE COMBINED FINANCIAL STATEMENTS. ROOT CAPITAL HAS DETERMINED THAT ITS STATUS AS A TAX EXEMPT ENTITY AND ITS DETERMINATIONS AS TO ITS INCOME BEING RELATED AND UNRELATED ARE NOT UNCERTAIN TAX POSITIONS WITHIN THE MEANING OF GENERALLY ACCEPTED ACCOUNTING PRINCIPLES FOR ITS OPEN TAX YEARS. ROOT CAPITAL'S FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: PROVISION FOR LOAN LOSS -3,374,179. INTEREST EXPENSE -1,327,717. ORIGINATION FEES -182,179. PART XII, LINE 4B - OTHER ADJUSTMENTS: PROVISION FOR LOAN LOSS 3,374,179. INTEREST EXPENSE 1,327,717. ORIGINATION FEES 182,179. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING 209696 NORTH AMERICA 0 0 GRANTMAKING 75000 SOUTH AMERICA 0 0 GRANTMAKING 445000 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 882779 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 46710 CENTRAL AMERICA AND THE CARIBBEAN 1 18 PROGRAM SERVICES LOAN DISBURSEMENTS 33703820 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES LOAN DISBURSEMENTS 4826625 NORTH AMERICA 1 9 PROGRAM SERVICES LOAN DISBURSEMENTS 4914272 SOUTH AMERICA 1 19 PROGRAM SERVICES LOAN DISBURSEMENTS 41658806 SUB-SAHARAN AFRICA 1 22 PROGRAM SERVICES LOAN DISBURSEMENTS 30554647 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES LENDING AND ADVISORY SERVICES 1467032 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES LENDING AND ADVISORY SERVICES 160507 NORTH AMERICA 0 0 PROGRAM SERVICES LENDING AND ADVISORY SERVICES 532277 SOUTH AMERICA 0 0 PROGRAM SERVICES LENDING AND ADVISORY SERVICES 1598494 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES LENDING AND ADVISORY SERVICES 3235687 2 27 2 41 4 68 45103902 79207450 124311352 CENTRAL AMERICA AND THE CARIBBEAN AGRICULTURAL 13000 WIRE CENTRAL AMERICA AND THE CARIBBEAN AGRICULTURAL 30000 WIRE CENTRAL AMERICA AND THE CARIBBEAN AGRICULTURAL 13000 WIRE CENTRAL AMERICA AND THE CARIBBEAN AGRICULTURAL 10000 WIRE CENTRAL AMERICA AND THE CARIBBEAN AGRICULTURAL 30000 WIRE CENTRAL AMERICA AND THE CARIBBEAN AGRICULTURAL 15000 WIRE CENTRAL AMERICA AND THE CARIBBEAN AGRICULTURAL 15000 WIRE CENTRAL AMERICA AND THE CARIBBEAN AGRICULTURAL 8696 WIRE CENTRAL AMERICA AND THE CARIBBEAN AGRICULTURAL 15000 WIRE CENTRAL AMERICA AND THE CARIBBEAN AGRICULTURAL 10000 WIRE CENTRAL AMERICA AND THE CARIBBEAN AGRICULTURAL 15000 WIRE CENTRAL AMERICA AND THE CARIBBEAN AGRICULTURAL 10000 WIRE CENTRAL AMERICA AND THE CARIBBEAN AGRICULTURAL 10000 WIRE CENTRAL AMERICA AND THE CARIBBEAN AGRICULTURAL 15000 WIRE EAST ASIA AND THE PACIFIC AGRICULTURAL 6049 WIRE EAST ASIA AND THE PACIFIC AGRICULTURAL 21506 WIRE EAST ASIA AND THE PACIFIC AGRICULTURAL 19155 WIRE NORTH AMERICA AGRICULTURAL 10000 WIRE NORTH AMERICA AGRICULTURAL 15000 WIRE NORTH AMERICA AGRICULTURAL 30000 WIRE NORTH AMERICA AGRICULTURAL 10000 WIRE NORTH AMERICA AGRICULTURAL 10000 WIRE SOUTH AMERICA AGRICULTURAL 10000 WIRE SOUTH AMERICA AGRICULTURAL 10000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 10000 WIRE SOUTH AMERICA AGRICULTURAL 10000 WIRE SOUTH AMERICA AGRICULTURAL 10000 WIRE SOUTH AMERICA AGRICULTURAL 10000 WIRE SOUTH AMERICA AGRICULTURAL 10000 WIRE SOUTH AMERICA AGRICULTURAL 10000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 25000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 25000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 25000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 15000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 25000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 25000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SOUTH AMERICA AGRICULTURAL 5000 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 87848 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 325493 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 10000 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 13000 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 50000 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 107547 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 71952 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 13000 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 20000 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 15000 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 8333 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 12000 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 12000 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 67606 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 14000 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 20000 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 20000 WIRE SUB-SAHARAN AFRICA AGRICULTURAL 15000 WIRE 0 99 0 0 1 0 0 0 PART I, LINE 2: ROOT CAPITAL IS RESPONSIBLE FOR THE ACTIONS OR INACTIONS OF ITS SUBRECIPIENTS AS STIPULATED UNDER THE AGREEMENTS. THE MONITORING OF SUBRECIPIENTS IS AN EXTREMELY IMPORTANT PART OF SUBPROJECT MANAGEMENT TO ENSURE THAT THE SUBGRANTEE IS PERFORMING IN ACCORDANCE WITH THE AGREEMENT, STANDARD OPERATING PROCEDURE AND IN FURTHERANCE OF THE PROJECT OBJECTIVES. A VARIETY OF TOOLS ARE UTILIZED TO MONITOR SUBGRANTEES. THESE INCLUDE: - TIMELY AND THOROUGH REVIEW OF FINANCIAL AND PROGRAMMATIC SUBGRANTEE REPORTS - PERIODIC AND ON-SITE VISITS - REGULAR AND ONGOING COMMUNICATION WITH SUBGRANTEE - INTERNAL AND/OR EXTERNAL AUDITS PATHFINDER CONDUCTS PRE-AWARD AND PERIODIC RISK ASSESSMENTS OF THE SUBRECIPIENTS. DEPENDING ON THE RESULTS, A MONITORING PLAN TOGETHER WITH AN APPROPRIATE MECHANISM FOR FUNDING, FINANCIAL AND PROGRAMATIC MANAGMENT AND MONITORING IS FORMULATED. PART I, LINE 3: THE EXPENDITURES, PER REGION, ARE PRESENTED ON THE ACCRUAL BASIS OF ACCOUNTING. PART III ACCOUNTING METHOD: X X X X X 0 0 0 0 0 0 0 1 0 WILLIAM FOOTE PRESIDENT & CEO 312315 0 8668 0 0 0 11400 0 2062 0 334445 0 0 0 FRANCES REID CHIEF OPERATING OFFICER 218133 0 0 0 0 0 0 0 8236 0 226369 0 0 0 NANCY EVERETT GENERAL COUNSEL/CHIEF TALENT OFFICER 193314 0 0 0 0 0 7898 0 21524 0 222736 0 0 0 STEVEN NOCKA CHIEF LENDING OFFICER (THRU 11/2020) 168791 0 0 0 22015 0 7881 0 22616 0 221303 0 0 0 BRYAN WOLINER CFO/TREASURER 183675 0 7500 0 0 0 6806 0 22976 0 220957 0 0 0 JEAN FORRESTER CONTROLLER AND VP INVESTOR RELATIONS 173638 0 0 0 0 0 7157 0 22747 0 203542 0 0 0 AMY MULLEN CHIEF DEVELOPMENT OFFICER 171391 0 0 0 0 0 6911 0 8169 0 186471 0 0 0 DARCY SALINGER CHIEF CREDIT OFFICER 178011 0 0 0 0 0 7121 0 0 0 185132 0 0 0 PART I, LINE 7 NONFIXED PAYMENTS REPRESENT BONUSES IN RECOGNITION OF THE ADDITIONAL REPORTING REQUIREMENTS FOR BOTH THE CEO AND CFO. JACK TAYLOR BOARD MEMBER INVESTMENT X 200000 200000 0 0 1 200000 PART II A BOARD MEMBER EXTENDED A LOAN TO ROOT CAPITAL, INC. THIS LOAN IS DOCUMENTED IN A WRITTEN AGREEMENT BETWEEN THE ORGANIZATION AND THE BOARD MEMBER AND THE TERMS ARE NEGOTIATED AT ARM'S LENGTH, AND INDEPENDENTLY FROM THE INDIVIDUAL'S ROLE AT ROOT CAPITAL. THE LOAN IS MADE WITHIN THE USUAL PARAMETERS OFFERED TO ALL INVESTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. THE FORM 990 IS REVIEWED BY THE CONTROLLER, CHIEF FINANCIAL OFFICER AND PRESIDENT. PRIOR TO FILING, THE COMPLETE FORM 990 IS PROVIDED TO ALL VOTING MEMBERS OF THE BOARD OF DIRECTORS WITH OPPORTUNITY FOR QUESTIONS, COMMENTS, OR EDITS. THE BOARD OF DIRECTORS IS GIVEN 10 DAYS TO REVIEW AND COMMENT ON THE FORM 990. ANY CHANGES ARE INCORPORATED IN THE FINAL FORM 990 WHICH IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL ROOT CAPITAL BOARD MEMBERS AND EMPLOYEES PARTICIPATE IN AN ANNUAL TRAINING ON ROOT CAPITAL'S CODE OF ETHICS, WHICH INCLUDES A CONFLICT OF INTEREST POLICY. DIRECTORS AND OFFICERS COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM EACH YEAR. IF IT IS NECESSARY TO REVIEW OR CLEAR A CONFLICT RELATED TO THE CURRENT WORK OR ACTIVITY OF ROOT CAPITAL, THAT CONFLICT IS BROUGHT BEFORE THE GOVERNANCE COMMITTEE OF THE BOARD. THE GOVERNANCE COMMITTEE'S CONVERSATION AND DECISION WITH RESPECT TO THE CONFLICT IS RECORDED IN THE MINUTES OF THE MEETING AND SHARED WITH THE FULL BOARD. ALL ROOT CAPITAL PERSONNEL ARE TRAINED ON THE CONFLICT OF INTEREST POLICY. ROOT CAPITAL'S CONFLICT OF INTEREST POLICY IS SHARED WITH THE PARTICIPANTS AND PARTICIPANTS ARE ASKED TO SIGN AN ACKNOWLEDGEMENT FORM ATTESTING THAT THEY HAVE READ THE POLICIES AND COMPLETED THE TRAINING. FORM 990, PART VI, SECTION B, LINE 15 PER DELEGATION OF THE FULL BOARD OF DIRECTORS EACH YEAR, THE ROOT CAPITAL BOARD OF DIRECTORS' GOVERNANCE COMMITTEE REVIEWS THE CEO'S PERFORMANCE AND COMPENSATION ANNUALLY AND RECOMMENDS A SALARY FOR APPROVAL BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE CEO'S SALARY RECOMMENDATION IS SUPPORTED BY A COMPENSATION STUDY PERFORMED AT LEAST EVERY TWO YEARS AS INFORMED BY PEER COMPENSATION DATA AVAILABLE THROUGH PUBLIC FILINGS. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE CEO OF THE ORGANIZATION USING THE RESULTS OF A COMPENSATION SURVEY CONDUCTED ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 ROOT CAPITAL MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS AND ON ITS WEBSITE, WWW.ROOTCAPITAL.ORG. THE FORM 990 IS LIKEWISE PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE MADE AVAILABLE ON ITS WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. ROOT CAPITAL MEXICO AC MA ADELINA FLORES NO 20 COLO CHIAPA MX PRGM SUPPORT MX ROOT CAPITAL INC 1 ASOCIACION ACCDER AV CAMINO REAL 348 TERRA EL P LIMA PE PRGM SUPPORT PE ROOT CAPITAL INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 ROOT CAPITAL MEXICO AC P 485356 FMV ASOCIACION ACCDER P 1317331 FMV PART II FOREIGN CONTROLLED SUBSIDIARIES THE ROOT CAPITAL FORM 990 PRESENTS THE CONSOLIDATED INFORMATION OF ITS FOREIGN CONTROLLED SUBSIDIARIES (AS DISCLOSED IN SCHEDULE R, PART II) THEREBY REPORTING THE ORGANIZATION'S WORLDWIDE ACTIVITIES CONSISTENTLY WITH ITS AUDITED FINANCIAL STATEMENTS.