2019-08-22T19:59:57-05:00 2018-12-31 GRANT THORNTON LLP 101 CALIFORNIA STREET SUITE 2700 SAN FRANCISCO CA 94111 990 2018-01-01 912003533 Room to Read % SHARI FREEDMAN CFO ROOM 4158394400 465 California Street Suite 1000 San Francisco CA 94104 GEETHA MURALI CEO 4158394400 2019-08-20 true DANIEL ROMANO P00504182 4159863900 2019-08-20 209.220.88.84 94336920192345000000 2019-08-22 P 48C18CAFE3C076D77EFDA4A28EEA087709B0C379 48C18CAFE3C076D77EFDA4A28EEA087709B0C379 2018 2019-02-21 02:37:17Z Geetha Murali 465 California Street Suite 1000 San Francisco CA 94104 55581213 false X www.roomtoread.org X 1999 WA ROOM TO READ BELIEVES THAT WORLD CHANGE STARTS WITH EDUCATED Children. 14 12 95 10000 0 37542 54112225 54367201 0 0 152029 187059 -335309 -357384 53928945 54196876 0 336696 0 0 26242672 26869199 0 0 4984482 26859540 21788391 53102212 48994286 826733 5202590 24224345 29741470 5784120 6929102 18440225 22812368 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 22059049 336696 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 childrens 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. (CONT. IN SCH. O) 9252564 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. (Continued in Schedule O) 1968632 0 0 School Construction The organization partners with communities to build, refurbish or expand schools to create an environment more conducive to learning and to alleviate overcrowding. 45 school construction projects were established during 2018. To date, we have completed a cumulative of 2,345 school construction projects. 8632870 TECHNICAL SERVICES 8632870 41913115 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 95 true true true true AS BG CB CA HK IN JA LA NP SZ false false false true true false false false false false false X 14 12 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 John Ridding Board Chair (as of 03/18) 1.0 0.0 X X 0 0 0 Scott Kapnick Chair Thru 03/18-Board Member 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 1.0 0.0 X 0 0 0 Kim Anstatt Morton Director (Thru 03/18) 1.0 0.0 X 0 0 0 John Lindfors Director (as of 03/18) 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 John Wood Founder / Director 40.0 0.0 X X 0 216940 15268 Erin Ganju CEO / Director (Thru 03/18) 40.0 0.0 X X 58510 0 5355 Geetha Murali CEO / Director (as of 03/18) 40.0 0.0 X X 259270 0 12423 Shari Freedman CFO 40.0 0.0 X 193754 0 28345 Cory Heyman Chief Program Officer 40.0 0.0 X 105839 0 10452 Pierre A Towns Chief Talent Officer 40.0 0.0 X 185201 0 30764 Heather Simpson Chief Program Officer 40.0 0.0 X 181367 0 24771 Lauren Hadi Dir., Strategic Partnerships 40.0 0.0 X 144940 0 17059 Laurie McMahon Chief DevCom Officer 40.0 0.0 X 171671 0 14121 1300552 216940 158558 7 false true false Workday Inc 3333 MICHELSON DRIVE SUITE 850 IRVINE CA 92612 Technology Services 242456 Intacct Corporation 300 Park Avenue Suite 1400 SAN JOSE CA 95110 Financial Software 206784 Grant Thornton LLP 101 California Street Suite 2700 SAN FRANCISCO CA 94111 Accounting Services 203829 Total Interactive Events LLC 205 S Newman Street HACKENSACK NJ 07601 Planning Services 122600 Laterite Ltd 69 REGAL BUILDING HANUMAN ROAD ARE CONNAUGHT PLACE NEW DELHI IN 110001 Research 121779 8 11203565 0 3021963 40141673 3601156 54367201 0 188528 188528 0 0 0 0 0 752950 754419 -1469 -1469 -1469 196936 11203565 629918 -432982 -432982 0 0 0 0 0 0 CURRENCY EXCHANGE 900099 -16882 0 0 -16882 OTHER INCOME 900099 92480 0 0 92480 75598 54196876 0 0 -170325 0 0 336696 336696 0 791006 343324 234229 213453 0 20879179 17139939 909279 2829961 1904138 1686388 49331 168419 2665762 2174488 127041 364233 629114 377036 79726 172352 0 84363 58498 13781 12084 333773 162286 119816 51671 0 0 0 1542992 1285653 49430 207909 87564 87564 336017 318717 6935 10365 1070150 909112 18426 142612 0 1561956 1033042 265886 263028 1774648 1550518 35959 188171 0 179514 169393 8903 1218 0 0 7525 3444 2324 1757 98392 71021 26184 1187 LITERACY PROGRAM 6469100 6469100 0 0 TECHNICAL ASSISTANCE 2289564 2289564 0 0 GIRLS' EDUCATION PROGRAM 1954295 1954295 0 0 DONATED BOOKS 1599671 1599671 0 0 2398867 1980930 149439 268498 48994286 41913115 2096689 4984482 7499201 8637083 2647528 4438772 8489331 11073802 235148 335474 0 0 0 0 0 0 84242 378066 831010 769209 488708 483269 34146 5439 4140316 3858179 0 0 0 0 0 0 263423 245446 24224345 29741470 579008 490532 0 0 2714875 3731543 0 0 0 0 0 0 0 0 0 0 2490237 2707027 5784120 6929102 X 7874425 12196255 10565800 10616113 0 0 18440225 22812368 24224345 29741470 X 5202590 78089 1120 -909656 X false true X true true true X 41302249 43822711 44428211 54112225 54367201 238032597 0 0 41302249 43822711 44428211 54112225 54367201 238032597 1832430 236200167 183598 164159 141691 140033 188528 818009 0 1181483 880302 786528 312771 289416 3450500 242301106 0 0.97482 0.97892 X 17160 17160 0 234088 234036 52 237460 232073 5387 5439 0 EMPLOYEE RETIREMENT FUND PAYABLE 1352524 ACCRUED LIABILITIES 1279087 DEFERRED RENT 65606 TAX DEDUCTED AT SOURCE 9810 2707027 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 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 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 HAS 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 FINANCIAL STATEMENTS. true South Asia 27 1093 Program Services Libraries/Lit/Girls Ed 18203126 Sub-Saharan Africa 7 105 Program Services Libraries/Lit/Girls Ed 5901347 East Asia and the Pacific 17 334 Program Services Libraries/Lit/Girls Ed 7176977 Europe (Including Iceland and Greenland) 2 6 Fundraising 757560 North America 1 1 Fundraising 74250 South Asia 1 4 Fundraising 1296163 East Asia and the Pacific 3 10 Fundraising 1371052 South Asia 0 0 Grantmaking 336696 South Asia 1 0 Investments 787695 59 1553 59 1553 35904866 35904866 South Asia Construction 7727 Check South Asia Construction 22485 Check South Asia Construction 13615 Check South Asia Construction 5871 Check South Asia Construction 10235 Check South Asia Construction 11391 Check South Asia Construction 13165 Check South Asia Construction 34678 Check South Asia Construction 7322 Check South Asia Construction 12851 Check South Asia Construction 19975 Check South Asia Construction 14560 Check South Asia Construction 7200 Check South Asia Construction 18227 Check South Asia Construction 11522 Check South Asia Construction 12006 Check South Asia Construction 8735 Check South Asia Construction 11274 Check South Asia Construction 17765 Check South Asia Construction 20070 Check South Asia Construction 7675 Check South Asia Construction 16153 Check South Asia Construction 7703 Check 22 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. Hong Kong Gala 2691972 2622752 69220 119171 New York Gala 2436524 2433524 3000 241311 10 6272005 6147289 124716 269436 11400501 11203565 196936 629918 629918 -432982 X X X X false false false false false false false true false John Wood Founder / Director 0 178071 0 38869 0 0 0 10270 0 4998 0 232208 0 0 Shari Freedman CFO 184301 0 9453 0 0 0 11449 0 16896 0 222099 0 0 0 Geetha Murali CEO / Director (as of 03/18) 249629 0 9641 0 0 0 4601 0 7822 0 271693 0 0 0 Pierre A Towns Chief Talent Officer 175933 0 9268 0 0 0 11795 0 18969 0 215965 0 0 0 Heather Simpson Chief Program Officer 172471 0 8896 0 0 0 11409 0 13362 0 206138 0 0 0 Lauren Hadi Dir., Strategic Partnerships 140203 0 4737 0 0 0 8696 0 8363 0 161999 0 0 0 Laurie McMahon Chief DevCom Officer 167375 0 4296 0 0 0 6867 0 7254 0 185792 0 0 0 SCHEDULE J, PART I, LINE 7 Nonfixed Payments Annual performance bonuses are paid to employees after their evaluations based on performance criteria set by the management. X 1747169 FMV X 48 915073 FMV X Software Donations 21 938914 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 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 16.8 million children across more than 37,000 communities in 16 countries. IN 2018, 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 2018, 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. PROGRAM SERVICE ACCOMPLISHMENTS (CONTINUED) FORM 990, PART III, LINE 4A Room to Reads 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 childrens 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. The literacy program includes 20,020 literacy program schools that have been implemented until the end of 2018. School Libraries By the end of 2018, the organization had reached an estimated 16.86 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 childrens books. Brightly colored furniture, puzzles and games foster a child-friendly environment and encourage a love of reading. 6,523 school libraries were established during 2018. To date we have completed a cumulative total of 27,435 school library projects. PROGRAM SERVICE ACCOMPLISHMENTS (CONTINUED) FORM 990, PART III, LINE 4B 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. 28,848 girls were enrolled in our Girls Education Program in 2018. To date, we have benefitted a total of 85,375 girls. OTHER PROGRAM SERVICES FORM 990, PART III, LINE 4D TECHNICAL SERVICES IN 2018 THE ORGANIZATION PROVIDED TECHNICAL ASSISTANCE TO THIRD PARTY ORGANIZATIONS IN EIGHT COUNTRIES (INDONESIA, GRENADA, RWANDA, NEPAL, INDIA, TANZANIA, JORDAN 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 CHILDRENS BOOKS FOR DISTRIBUTION THROUGHOUT ITS NETWORK OF SCHOOLS AND LIBRARIES. A TOTAL OF 153 LOCAL LANGUAGE TITLES WERE PUBLISHED DURING 2018. TO DATE, WE HAVE DISTRIBUTED A CUMULATIVE TOTAL OF 26,467,411 LOCAL AND ENGLISH BOOKS. IN 2018, THE NUMBERS HAVE BEEN REVISED TO INCLUDE BOTH DIRECT IMPLEMENTATION AND TECHNICAL ASSIATANCE FROM INCEPTION. PRIOR TO 2018, ONLY DIRECT IMPLEMENTATION NUMBERS WERE CONSIDERED. 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 TB F 90-22.1 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 READS FORM 990 UNDERGOES A NUMBER OF INTERNAL AND EXTERNAL REVIEWS PRIOR TO BEING FILED WITH THE IRS. THE RETURN IS PREPARED BY ROOM TO READS ACCOUNTING DEPARTMENT AND IS REVIEWED BY ROOM TO READS PUBLIC ACCOUNTING FIRM, GRANT THORNTON LLP AND BY THE 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 READS 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 READS 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 TALENT 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 ORGANIZATIONS 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 CURRENCY TRANSLATION ADJUSTMENT -909,656 -------------- TOTAL -909,656 Room to Read Canada 390 Bay Street Suite 1202 Toronto Ontario CA 2Y2 000000000 Fundraising CA 501(c)(3) 07 Room to Read true Room to Read Japan Izumi Garden Tower 26F 1-6-1 Roppo Minatoku Tokyo JA 6024 000000000 Fundraising JA 501(c)(3) 07 Room to Read true Room to Read Singapore 10 Collyer Quay 10-01 Ocean Fin Ctr Singapore SN 049315 000000000 Fundraising SN 501(c)(3) 07 Room to Read true Room to Read Switzerland AM Schanzengraben 25 Zurich SZ 000000000 Fundraising SZ 501(c)(3) 07 Room to Read true Room to Read United Kingdom 1 Southwark Bridge London UK 000000000 Fundraising UK 501(c)(3) 07 Room to Read true Room to Read Hong Kong 13 F Gloucester tower Hong Kong HK 000000000 Programs HK 501(c)(3) 07 Room to Read true Room to Read Zambia PO Box R1017 Lusaka Royal Exchangw ZA NSW 1225 000000000 Programs ZA 501(c)(3) 07 Room to Read true Room to Read South Africa 1209 Francis Baard St 1st Fl Hatfield Pretoria SF 000000000 Programs SF 501(c)(3) 07 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 2416860 1942363 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 401436 973171 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 New Zealand 89 The Terrace Wellington Central Wellington NZ 6011 000000000 Fundraising NZ Room to Read C Corp 0 0 1.00000 true Room to Read India Trust D-21 Dwarka New Dehli Dwarka IN 110075 000000000 Program IN IN PVT CO Trust 4395407 2275408 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 349369 FMV Room to Read Hong Kong R 64697 FMV Room to Read Hong Kong S 247924 FMV Room to Read Singapore S 494204 FMV Room to Read India Trust R 3538199 FMV Room to Read Switzerland S 1028824 FMV Room to Read United Kingdom S 3652939 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.