2020-07-09T22:26:14-05:00 2019-12-31 GRANT THORNTON LLP 101 CALIFORNIA STREET SUITE 2700 SAN FRANCISCO CA 94111 990 2019-01-01 912003533 Room to Read % SHARI FREEDMAN CFO ROOM 4158394400 465 California Street Suite 1000 San Francisco CA 94104 SHARI FREEDMAN CFO 4158394400 2020-07-08 true QI WEN LIANG P01270238 4159863900 2020-07-08 199.247.107.123 94336920201915000007 2020-07-09 P 31F2CC775A50E5BBFB63142B31C55EB72CDC3053 85285106D67D06EDFF820F5FFC2BA856D01BFB4B 2019 2020-09-23 17:36:50Z Geetha Murali 465 California Street Suite 1000 San Francisco CA 94104 60423695 false X www.roomtoread.org X 1999 WA ROOM TO READ BELIEVES THAT WORLD CHANGE Starts with Educated Children. 15 13 72 10000 0 54367201 59968360 0 0 187059 201242 -357384 -331907 54196876 59837695 336696 132567 0 0 26869199 28500791 0 0 5091406 21788391 24500035 48994286 53133393 5202590 6704302 29741470 36167731 6929102 6225162 22812368 29942569 X ROOM TO READ (THE ORGANIZATION) IS AN INTERNATIONAL, NON-GOVERNMENTAL ORGANIZATION THAT BELIEVES THAT WORLD CHANGE STARTS WITH EDUCATED Children. (CONTINUED IN SCHEDULE O). false false 35020489 132567 0 Room to Read is breaking the cycle of childhood illiteracy and poverty in a single generation. Room to Read's innovative Literacy Program ensures primary schools have libraries filled with books in the children's local languages, as well as teachers and librarians who are trained on how to engage a classroom of eager, young learners. By the end of grade 2, children in Room to Read's Literacy Program read 2 to 3 times as fast and read with 87% greater comprehension than their peers in non-Room to Read program schools. We combine the science of learning to read with the magic of loving to read, developing a generation of independent readers. Room to Read's Literacy Program transforms primary schools into child-friendly learning environments that enable children to become life-long, independent readers. Our Literacy Program ensures primary schools have libraries filled with books in the children's local languages, as well as teachers and librarians who are trained on how to engage a classroom of eager, young learners. We build strong relationships with families, communities and governments to ensure community buy-in for the trans-formation of learning environments and their long-term success. LITERACY INSTRUCTION - THE ORGANIZATION PARTNERS WITH MINISTRIES OF EDUCATION TO SUPPLEMENT GAPS THAT EXIST IN THE STANDARD LITERACY CURRICULUM BY PROVIDING RESOURCES, IN-SERVICE TEACHER TRAINING AND CLASSROOM ENHANCEMENTS. 20,926 LITERACY PROGRAM SCHOOLS WERE ACTIVE DURING 2019. SCHOOL LIBRARIES - BY THE END OF 2019, THE ORGANIZATION HAD REACHED AN ESTIMATED 18.90 MILLION CHILDREN THROUGH ITS VARIOUS CORE PROGRAM ACTIVITIES, THE LARGEST OF WHICH INCLUDES ITS SCHOOL LIBRARIES. THE ORGANIZATION ESTABLISHES SCHOOL LIBRARIES AND STOCKS THEM WITH LOCAL LANGUAGE BOOKS, ENGLISH BOOKS, AND ORIGINAL ROOM TO READ CHILDREN'S BOOKS. BRIGHTLY COLORED FURNITURE, PUZZLES AND GAMES FOSTER A CHILD-FRIENDLY ENVIRONMENT AND ENCOURAGE A LOVE OF READING. 1,366 SCHOOL LIBRARIES WERE ESTABLISHED DURING 2019. TO DATE WE HAVE COMPLETED A CUMULATIVE TOTAL OF 28,801 SCHOOL LIBRARY PROJECTS. Technical Assistance In 2019 the organization provided technical assistance in eight countries (Indonesia, Rwanda, Nepal, India, Tanzania, Jordan, Myanmar and Honduras) using the Room to Read model. BOOK PUBLISHING - THE ORGANIZATION SOURCES NEW CONTENT FROM LOCAL WRITERS AND ILLUSTRATORS AND PUBLISHES HIGH QUALITY LOCAL LANGUAGE CHILDREN'S BOOKS FOR DISTRIBUTION THROUGHOUT ITS NETWORK OF SCHOOLS AND LIBRARIES. A TOTAL OF 98 LOCAL LANGUAGE TITLES WERE PUBLISHED DURING 2019. TO DATE, WE HAVE DISTRIBUTED A CUMULATIVE TOTAL OF 29,403,060 LOCAL AND ENGLISH BOOKS. 11061025 0 0 Girls Education Program Through our Girls Education Program, we give girls the tools to self-advocate and find power in their voices to chart a path that they choose for themselves, rather than the one forced upon them. Room to Reads Girls Education Program ensures that girls complete secondary school and have the skills to negotiate key life decisions. We offer girls life skills training, mentoring, and need-based material support while also increasing advocacy for girls education among their parents, school staff, and communities. We take a long-term, holistic approach by going beyond academics to build the skills that girls need to make informed life decisions like critical thinking, negotiation and self-confidence. Essential to our program are our social mobilizers, local women who are hired as mentors and work with girls and their families to ensure that girls stay in school, participate in life skills activities, and navigate the challenges of adolescence with the ability to make their own life choices, both personally and professionally. 29,527 girls were enrolled in our Girls Education Program in 2019. To date, we have benefitted a total of 114,902 girls. 0 0 0 46081514 true true false false false false false false false false true false false false true true false true false true true true false false true false false false false true false false false false false false false false true false false false false true true true true false true X 50 0 true 72 true false true AS BG CB CA HK IN JA LA NP SZ false false false true true false false false false false false X 15 13 false false false false false false false true true false true true true true true true true true true true false AL AK AZ AR CA CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS NH NJ NM NY NC 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 40.0 0.0 X X 257627 0 13807 JOHN WOOD FOUNDER / DIRECTOR 40.0 0.0 X X 0 212318 15660 SHARI FREEDMAN CFO 40.0 0.0 X 197664 0 29500 HEATHER SIMPSON CHIEF PROGRAM OFFICER 40.0 0.0 X 186741 0 25526 LAURIE MCMAHON CHIEF DEVCOM OFFICER 40.0 0.0 X 190927 0 15329 CHRISTIE SCOTT VP, PROGRAM OPERATIONS 40.0 0.0 X 166604 0 22444 NICOLE SAYRES CHIEF OPERATING OFFICER 40.0 0.0 X 163188 0 19995 JULIE SIMS SENIOR DIRECTOR 40.0 0.0 X 158450 0 22166 CHRISTINE BEGGS SENIOR DIRECTOR 40.0 0.0 X 161239 0 12298 JOHN RIDDING BOARD CHAIR 1.0 0.0 X X 0 0 0 YUSUF ALIREZA DIRECTOR 1.0 0.0 X 0 0 0 ANDREW BALLS DIRECTOR 1.0 0.0 X 0 0 0 MARY BYRON DIRECTOR 1.0 0.0 X 0 0 0 DR LUIS CROUCH DIRECTOR 1.0 0.0 X 0 0 0 CARL HUTTENLOCHER DIRECTOR 1.0 0.0 X 0 0 0 ELIZABETH KING DIRECTOR 1.0 0.0 X 0 0 0 JERRY DEL MISSIER DIRECTOR THRU 03/19 1.0 0.0 X 0 0 0 JOHN LINDFORS DIRECTOR 1.0 0.0 X 0 0 0 FRANK VAN VEENENDAAL DIRECTOR 1.0 0.0 X 0 0 0 SUSAN WOJCICKI DIRECTOR 1.0 0.0 X 0 0 0 STASIA OBREMSKEY DIRECTOR AS OF 03/19 1.0 0.0 X 0 0 0 SABINE CHALMERS DIRECTOR AS OF 03/19 1.0 0.0 X 0 0 0 MIKE CANNON-BROOKES DIRECTOR AS OF 03/19 1.0 0.0 X 0 0 0 1482440 212318 176725 23 false true false Adarna House Inc 109 SCOUT FERNANDEZ CORNER SCOUT TO QUEZON CITY BARANGAY SACRED H RP 1103 educational services 268837 Workday Inc 3333 Michelson Drive Suite 850 IRVINE CA 92612 technology services 246306 GRANT THORNTON LLP 101 CALIFORNIA STREET SUITE 2700 SAN FRANCISCO CA 94111 ACCOUNTING SERVICES 236271 3 10682234 0 2118326 47167800 6125785 59968360 0 201538 201538 0 0 0 0 0 296 -296 -296 -296 217561 10682234 585704 -368143 -368143 0 0 0 0 0 0 CURRENCY EXCHANGE 900099 -25701 0 0 -25701 OTHER INCOME 900099 61937 0 0 61937 36236 59837695 0 0 -130665 0 0 132567 132567 0 911010 482877 198289 229844 0 23020312 18994434 984753 3041125 1583170 1354649 55226 173295 2338110 2027169 96109 214832 648189 402333 80791 165065 0 116721 77036 13131 26554 593940 392877 155939 45124 0 0 0 1887327 1562001 56546 268780 66946 66946 398972 376790 6824 15358 1303891 1166199 10459 127233 0 1811406 1461143 112643 237620 1938833 1691867 41500 205466 0 170037 160893 5424 3720 0 0 2293 2076 84 133 84253 58060 25564 629 LITERACY PROGRAM 7685508 7685508 0 0 DONATED BOOKS 3811561 3811561 0 0 GIRLS EDUCATION PROGRAM 2168816 2168816 0 0 DONATED SOFTWARE 995699 811790 31861 152048 1463832 1260868 85330 117634 53133393 46081514 1960473 5091406 8637083 11051908 4438772 4411968 11073802 12222856 335474 284685 0 0 0 0 0 0 378066 1359650 769209 790404 589632 485560 5439 104072 3858179 5653732 0 0 0 0 0 0 245446 288456 29741470 36167731 490532 449722 0 0 3731543 2832805 0 0 0 0 0 0 0 0 0 0 2707027 2942635 6929102 6225162 X 12196255 14727222 10616113 15215347 22812368 29942569 29741470 36167731 X 6704302 417032 8867 X false true X true true true X 43822711 44428211 54112225 54367201 59968360 256698708 0 0 43822711 44428211 54112225 54367201 59968360 256698708 4842551 251856157 164159 141691 140033 188528 201538 835949 0 880302 786528 312771 289416 279498 2548515 260083172 0 0.96837 0.97482 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 118083 17764 100319 0 234088 234036 52 0 237461 233760 3701 104072 0 EMPLOYEE RETIREMENT FUND PAYAB 1472490 ACCRUED LIABILITIES 1436583 DEFERRED RENT 13521 TAX DEDUCTED AT SOURCE 20041 2942635 X FIN 48 (ASC 740) FOOTNOTE SCHEDULE D, PART X, LINE 2 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 23701(D) OF THE REVENUE AND TAXATION CODE. ACCORDINGLY, THE ORGANIZATION IS NOT SUBJECT TO US 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 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 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. true South Asia 29 1054 Program Services Literacy & GEP 19031284 Sub-Saharan Africa 8 107 Program Services Literacy & GEP 7845898 East Asia and the Pacific 18 340 Program Services Literacy & GEP 8354127 Europe (Including Iceland and Greenland) 1 7 Fundraising 786700 North America 1 1 Fundraising 53379 South Asia 1 7 Fundraising 141625 East Asia and the Pacific 4 12 Fundraising 1726659 South Asia Investments 793657 South Asia Grantmaking 132567 62 1528 62 1528 38865896 38865896 South Asia Construction 5928 South Asia Construction 15031 South Asia Construction 7326 South Asia Construction 22782 South Asia Construction 8913 South Asia Construction 12903 South Asia Construction 8127 South Asia Construction 5429 South Asia Construction 13562 South Asia Construction 13827 South Asia Construction 8900 11 false true true false false false Procedure for Monitoring Use of Grant Funds Outside the United States Schedule F, Part I, Line 2 After annual budgets are prepared by the country teams, they are reviewed and approved by the regional offices, global office and the board. Literacy program funds are provided based on these budgets to the schools selected for the program. Schools are selected based on grades supported and the economic conditions of the students. Organization representatives meet with the scholars, families, community leaders and school teachers on a regular basis to ensure proper utilization of funds disbursed. Program team members from the regional office and the global office coordinate travel on a regular basis to every country to monitor appropriate distribution and utilization of funds. Accounting Method SCHEDULE F, PART I, LINE 3, COLUMN (F); PART II, LINE 1, PART III ALL APPLICABLE SECTIONS ARE PRESENTED BASED ON THE ACCRUAL METHOD OF ACCOUNTING, WHICH IS CONSISTENT WITH THE METHOD USED IN THE ORGANIZATIONS FINANCIAL STATEMENTS. New York Gala 2177401 2098549 78852 176139 London Gala 2176958 2162717 14241 68963 6 6545436 6420968 124468 340602 10899795 10682234 217561 585704 585704 -368143 X X X X false false false false false false false true false GEETHA MURALI CEO / DIRECTOR 249077 0 8550 0 0 0 5495 0 8479 0 271601 0 0 0 JOHN WOOD FOUNDER / DIRECTOR 0 186280 0 26038 0 0 0 10338 0 6101 0 228757 0 0 SHARI FREEDMAN CFO 188062 0 9602 0 0 0 11724 0 17943 0 227331 0 0 0 HEATHER SIMPSON CHIEF PROGRAM OFFICER 180414 0 6327 0 0 0 11504 0 14189 0 212434 0 0 0 LAURIE MCMAHON CHIEF DEVCOM OFFICER 185069 0 5858 0 0 0 7579 0 7917 0 206423 0 0 0 NICOLE SAYRES CHIEF OPERATING OFFICER 163188 0 0 0 0 0 9517 0 10617 0 183322 0 0 0 JULIE SIMS SENIOR DIRECTOR 150950 0 7500 0 0 0 9657 0 12676 0 180783 0 0 0 CHRISTIE SCOTT VP, PROGRAM OPERATIONS 161567 0 5037 0 0 0 10146 0 12465 0 189215 0 0 0 CHRISTINE BEGGS SENIOR DIRECTOR 155905 0 5334 0 0 0 0 0 12465 0 173704 0 0 0 Non-Fixed Payments Schedule J, Part I, Line 7 Room to Read provides performance bonuses that are nonfixed payments as they are not guaranteed to be paid every year. The bonuses are paid to employees after they have met performance criteria set by management based on their evaluations. X 4629042 FMV X 52 501044 FMV X Software Donation 3 995699 FMV false true false SCHEDULE M, PART I, COLUMN (B) NUMBER OF CONTRIBUTIONS OR ITEMS ROOM TO READ IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. GENERAL INFORMATION 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, TWO REGIONAL OFFICES AND SEVEN COUNTRY OFFICES REGISTERED UNDER ROOM TO READ, AS WELL AS ACCOUNTS OF ROOM TO READ AUSTRALIA FOUNDATION, 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 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. ORGANIZATION'S MISSION (CONTINUED) FORM 990, PART III, LINE 1 WE ENVISION A WORLD IN WHICH ALL CHILDREN CAN PURSUE A QUALITY EDUCATION THAT ENABLES THEM TO REACH THEIR FULL POTENTIAL AND CONTRIBUTE TO THEIR COMMUNITY AND THE WORLD. ROOM TO READ SEEKS TO TRANSFORM THE LIVES OF MILLIONS OF CHILDREN IN LOW INCOME COMMUNITIES BY FOCUSING ON LITERACY AND GENDER EQUALITY. ROOM TO READS INNOVATIVE MODEL FOCUSES ON DEEP, SYSTEMIC TRANSFORMATION WITHIN SCHOOLS IN LOW-INCOME COMMUNITIES DURING TWO TIME PERIODS THAT ARE MOST CRITICAL IN A CHILDS SCHOOLING: EARLY PRIMARY SCHOOL FOR LITERACY ACQUISITION AND SECONDARY SCHOOL FOR GIRLS EDUCATION. WE WORK IN COLLABORATION WITH LOCAL COMMUNITIES, PARTNER ORGANIZATIONS, AND GOVERNMENTS TO DEVELOP LITERACY SKILLS AND A HABIT OF READING AMONG PRIMARY SCHOOL CHILDREN AND ENSURE GIRLS CAN COMPLETE SECONDARY SCHOOL WITH THE SKILLS NECESSARY TO NEGOTIATE KEY LIFE DECISIONS. ROOM TO READ HAS BENEFITED 18.90 MILLION CHILDREN ACROSS MORE THAN 37,000 COMMUNITIES IN 16 COUNTRIES. IN 2019, ROOM TO READ CONDUCTED PROGRAM OPERATIONS THROUGH DIRECT IMPLEMENTATION IN SEVEN COUNTRIES IN ASIA (BANGLADESH, CAMBODIA, INDIA, LAOS, NEPAL, SRI LANKA AND VIETNAM), AND TWO COUNTRIES IN AFRICA (SOUTH AFRICA AND TANZANIA). ROOM TO READ WAS INCORPORATED IN THE STATE OF WASHINGTON IN 1999 AND MOVED THE ORGANIZATION'S HEADQUARTERS TO ITS CURRENT LOCATION IN SAN FRANCISCO, CALIFORNIA IN 2002. OPERATIONS ARE CONDUCTED AS A REGISTERED INTERNATIONAL NON-GOVERNMENTAL ORGANIZATION (INGO) UNDER AGREEMENTS WITH THE LOCAL RESPONSIBLE GOVERNMENTAL DEPARTMENT(S) IN CERTAIN COUNTRIES AND THROUGH LOCALLY INCORPORATED AFFILIATES IN OTHER COUNTRIES. IN 2019, ROOM TO READ CONDUCTED FUNDRAISING OPERATIONS IN TEN AREAS OUTSIDE OF THE US: NAMELY, AUSTRALIA, CANADA, HONG KONG, INDIA, JAPAN, THE NETHERLANDS, SINGAPORE, SWITZERLAND, THE UNITED KINGDOM, AND NEW ZEALAND. OPERATIONS IN THESE COUNTRIES ARE CONDUCTED THROUGH LOCALLY INCORPORATED LIMITED COMPANIES OR REGISTERED CHARITIES AND FOREIGN AFFILIATES. TOTAL EMPLOYEES FORM 990, PART V, LINE 2A ROOM TO READ HAS 72 U.S. EMPLOYEES THAT WERE ISSUED A 2019 W-2, BUT HAVE A TOTAL OF 1,600 EMPLOYEES WORLDWIDE. FOREIGN BANK ACCOUNTS FORM 990, PART V, LINE 4B IN ADDITION TO THE FOREIGN COUNTRIES LISTED IN ATTACHMENT 2, ROOM TO READ ALSO HAD FOREIGN BANK ACCOUNTS REQUIRING A FORM FINCEN FORM 114 FILING IN THE FOLLOWING COUNTRIES: SINGAPORE, SOUTH AFRICA, SRI LANKA, SWITZERLAND, TANZANIA, UNITED KINGDOM, VIETNAM, ZAMBIA, Canada, India, Japan, Australia, Hong Kong, Cambodia, Laos, Bangladesh, New Zealand, Netherlands and Nepal. FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11B ROOM TO READ'S FORM 990 UNDERGOES A NUMBER OF INTERNAL AND EXTERNAL REVIEWS PRIOR TO BEING FILED WITH THE IRS. THE RETURN IS PREPARED 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. PROCESS FOR MONITORING OF CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C 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. PROCESS FOR DETERMINING COMPENSATION OF CEO AND KEY EMPLOYEES FORM 990, PART VI, SECTION B, LINES 15A AND 15B THE BOARD HAS A HUMAN RESOURCES COMMITTEE WHICH INCLUDES AT LEAST TWO INDEPENDENT DIRECTORS AND THE CHIEF OPERATING 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 BY THE BOARD AS PART OF THE ANNUAL BUDGET DISCUSSION. DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART VI, SECTION C, LINE 19 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. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9 FOREIGN CURRENCY TRANSLATION ADJUSTMENT 8,867 ----------- TOTAL 8,867 Room to Read Japan Izumi Garden Tower 26F 1-6-1 Roppo Minatoku Tokyo JA 6024 000000000 Fundraising JA Room to Read true Room to Read Singapore 10 Collyer Quay 10-01 Ocean Fin Ctr Singapore SN 049315 000000000 Fundraising SN Room to Read true Room to Read Switzerland AM Schanzengraben 25 Zurich SZ 000000000 Fundraising SZ Room to Read true Room to Read United Kingdom 1 Southwark Bridge London UK 000000000 Fundraising UK Room to Read true Room to Read Hong Kong 13 F Gloucester tower Hong Kong HK 000000000 Programs HK Room to Read true Room to Read Zambia PO Box R1017 Lusaka Royal Exchangw ZA NSW 1225 000000000 Programs ZA Room to Read true Room to Read South Africa 1209 Francis Baard St 1st Fl Hatfield Pretoria SF 000000000 Programs SF Room to Read true Room to Read Canada 390 Bay Street Suite 1202 Toronto Ontario CA 2Y2 000000000 Fundraising CA Room to Read true Room to Read Australia Limited 166 GLEBE POINT RD GLEBE NEW SOUTH WALES AS 2037 000000000 Fundraising AS Room to Read C Corp 6189221 5100494 1.00000 true Room to Read Australia Foundation 166 GLEBE POINT RD GLEBE New South Wales AS 2037 000000000 Fundraising AS RtR AU Ltd Trust 187877 106751 1.00000 true Room to Read India Private Company No 517 Double StoryNew Rajindra New Delhi IN 110075 000000000 Program IN Room to Read C Corp 0 0 1.00000 true Room to Read India Trust D-21 Dwarka New Delhi Dwarka IN 110075 000000000 Program IN IN PVT CO Trust 3610570 2220639 1.00000 true Room to Read New Zealand 89 The Terrace Wellington Central Wellington NZ 6011 000000000 Fundraising NZ Room to Read C Corp 13 4516 1.00000 true Room to Read Global Services Pvt Ltd Cowrks 1st floor WorldMark 1 Delhi IN 110037 000000000 Program IN Room to Read C Corp -198 67540 1.00000 true false false false false false false false false false false false true true false true true true true true Room to Read Japan R 365575 FMV Room to Read Singapore R 78019 FMV Room to Read Singapore S 592362 FMV Room to Read India Trust R 2960372 FMV Room to Read UK S 3515075 FMV Room to Read Global Services Limited R 274300 FMV TRANSACTIONS WITH RELATED ORGANIZATIONS SCHEDULE R, PART V, LINE 2 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.