2017-10-27T17:05:59-05:00 2016-12-31 GRANT THORNTON LLP 101 CALIFORNIA STREET SUITE 2700 SAN FRANCISCO CA 94111 990 2016-01-01 912003533 Room to Read % SHARI FREEDMAN CFO ROOM 4158394400 465 California Street Suite 1000 San Francisco CA 94104 ERIN GANJU CEO 4158394400 2017-10-24 true Rosemarie Brown P01278077 4159863900 2017-10-27 38.69.39.117 94336920173005000001 2017-10-27 P 66AA7D8AC55C45B6EFE99418152D5805A8551117 FD37B93FA18B7C387164EF6E59991F30CA5915AE 2016 2021-01-29 14:40:06Z Erin Ganju 465 California Street Suite 1000 San Francisco CA 94104 45133449 false X www.roomtoread.org X 1999 WA Room to Read believes that world change starts with educated children. 12 10 97 10000 0 0 43822711 44428211 0 0 164159 141659 253052 109760 44239922 44679630 8223176 9359807 0 0 16608595 18097495 0 0 4555289 18546615 21016243 43378386 48473545 861536 -3793915 23470782 21537816 2388311 3958889 21082471 17578927 X Room to Read (the organization) is an international non-governmental organization that believes that world change starts with educated children. 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 developing countries by focusing on literacy and gender equality in education. Working in collaboration with local communities, partner organizations and governments, we develop literacy skills and a habit of reading among primary school children, and support girls to complete secondary school with the relevant life skills to succeed in school and beyond. In 2016, room to read conducted program operations through direct implementation in seven countries in Asia (Bangladesh, Cambodia, India, Laos, Nepal, Sri Lanka and Vietnam) and three countries in Africa (South Africa, Zambia, and Tanzania). Room to Read was false false 24062784 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. 3,377 Literacy Program schools were active during 2016. School Libraries - by the end of 2016, the organization had reached an estimated 11.6 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. 1,197 school libraries were established during 2016. To date we have completed a cumulative total of 19,828 school library projects. 12659260 9359807 Girls' Education Program - the organization provides long-term holistic support to girls through secondary school. The organization ensures girls get the material and emotional support they need to succeed in school and beyond through an approach that includes academic support, mentoring and life skills training. 32,396 girls were enrolled in our girls education program in 2016. To date, we have benefitted a total of 47,870 girls. 3929700 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. 166 school construction projects were established during 2016. To date, we have completed a cumulative of 2,257 school construction projects. 672805 Accelerator 672805 41324549 true true false false false false false false false false true true false true true true false true false true true true true 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 67 0 true 97 true false true AS BG CB CA HK IN JA LA NP NL false false false true true false false false false X 12 10 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 CO 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 Kim Anstatt Morton Director 1.0 0.0 X 0 0 0 Susan Wojcicki Director 1.0 0.0 X 0 0 0 Craig Bruya Director 1.0 0.0 X X 0 0 0 Scott Kapnick Board Chair as of 03/03/16 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 Frank Van Veenendaal Director 1.0 0.0 X 0 0 0 John Ridding Director 1.0 0.0 X 0 0 0 Yusuf Alireza Director 1.0 0.0 X 0 0 0 Jerry del Missier Director 1.0 0.0 X 0 0 0 John Wood Founder / Director 40.0 0.0 X X 0 244456 16973 Erin Ganju CEO / Director 40.0 0.0 X X 232380 0 15261 Tim Koogle Director through 03/03/2016 1.0 0.0 X 0 0 0 Dr Fernando Reimers Director through 03/03/2016 1.0 0.0 X 0 0 0 Shari Freedman CFO 40.0 0.0 X 197742 0 20980 Lynn Foden Chief of Intl Oper / Secretary 40.0 0.0 X 163801 0 24520 Cory Heyman Chief Program Officer 40.0 0.0 X 223037 0 18721 Geetha Murali Chief Development Officer 40.0 0.0 X 204575 0 11288 Pierre A Towns Chief Talent Officer 40.0 0.0 X 185753 0 26739 Heather Simpson Chief Program Officer 40.0 0.0 X 142071 0 5593 Lauren Hadi Dir., Strategic Partnerships 40.0 0.0 X 147638 0 15189 1496997 244456 155264 24 false true false Grant Thornton LLP 101 California Street SAN FRANCISCO CA 94111 Tax Services 194358 Innovations PSI 345 California Street SAN FRANCISCO CA 94104 Temorary Help 412520 Heller Consulting 1736 Franklin Street Suite 1750 OAKLAND CA 94104 IT CONSULTING 327647 Provisi Education JALAN MANDALA SELATAN NO 33 TOMANG JAKARTA BARAT ID 11440 ACCELERATOR PROGRAM 329623 OneSource Virtual Inc 9001 Cypress Waters Blvd DALLAS TX 75019 IT Services 216348 10 8445249 12669724 774828 22538410 1983048 44428211 0 141659 141659 0 32 32 0 0 0 0 786017 8445249 453819 332198 332198 0 0 0 0 0 0 GAIN/(LOSS) ON SALE OF FX INVESTMENTS 900099 -222981 -222981 OTHER INCOME 900099 511 511 -222470 44679630 251419 0 0 9359807 9359807 0 654684 414488 240196 0 14670679 11526637 1013168 2130874 564234 443315 38966 81953 1593898 1255618 106160 232120 614000 357041 86777 170182 0 118899 77973 21175 19751 211004 115453 95551 0 0 0 1011890 635403 115857 260630 0 286939 258188 8308 20443 1247035 1017072 22159 207804 0 1220520 719676 249352 251492 1687775 1589328 30034 68413 0 401929 341597 38195 22137 0 0 75769 56343 3371 16055 86294 57827 28467 LITERACY PROGRAM 8100966 8100966 GIRLS' EDUCATION PROGRAM 2127412 2127412 DONATED BOOKS 858042 858042 . 0 3581769 2012363 495971 1073435 48473545 41324549 2593707 4555289 2982 3566 3711132 5117217 4214763 4194765 360449 592806 0 0 0 0 0 0 479176 466457 510615 590779 479886 462740 92464 17146 0 0 8303457 2978441 0 0 0 0 5795744 7576639 23470782 21537816 519494 180301 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1868817 3778588 2388311 3958889 X 6450056 5803810 14632415 11775117 0 0 21082471 17578927 23470782 21537816 -3793915 290371 X false true X true true true X 39372460 41853081 41302249 43822711 44428211 210778712 0 0 39372460 41853081 41302249 43822711 44428211 210778712 0 210778712 215930 164308 183598 164159 141691 869686 0 42983 842218 988378 773588 563547 3210714 214859112 16630 0.98101 0.99436 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17160 10823 6337 234088 234036 52 228638 217881 10757 17146 MONEY MARKET MUTUAL FUNDS 210491 F EQUITY MUTUAL FUNDS 2767951 F 2978442 DEPOSITS 337760 INVESTMENT IN SUBSIDIARIES 7238879 7576639 0 ACCRUED LIABILITIES 3491221 DEFERRED RENT 175173 EMPLOYEE RETIREMENT FUND PAYABLE 112194 3778588 X FIN 48 (ASC 740) Footnote Schedule D, Part X, Line 2: The Organization files income tax returns in the U.S. federal tax jurisdiction, California state jurisdiction and various foreign jurisdictions. The Organization has identified and evaluated its significant tax positions for which the statute of limitations remain open and determined there is no material unrecognized benefit or liability to be recorded. The open tax years are the years ended December 31, 2013 through December 31, 2015 for U.S. federal and December 31, 2012 through December 31, 2015 for California. There have been no material changes in unrecognized benefits as of December 31, 2016 nor are any material changes anticipated in the twelve months following December 31, 2016. There have been no related tax penalties or interest, which would be classified as other expense in the consolidated statement of activities. true South Asia 22 450 Program Services Libraries & Literacy 15646779 Sub-Saharan Africa 9 110 Program Services Libraries & Literacy 3565046 East Asia and the Pacific 16 155 Program Services Libraries & Literacy 7789671 Europe (Including Iceland and Greenland) 2 5 Fundraising 741343 North America 2 75 Fundraising 57575 South Asia Grantmaking 4547016 Sub-Saharan Africa Grantmaking 4812791 East Asia and the Pacific Investments 4201554 South Asia Investments 710504 51 795 51 795 42072279 42072279 Sub-Saharan Africa Program Services 2995102 WIRE South Asia Program Services 4547016 WIRE Sub-Saharan Africa Program Services 1817689 WIRE 3 0 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 office, global office and the Board. 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 organization's financial statements. Hong Kong Gala 3077699 2933082 144617 111236 LHR Gala 1456817 1373037 83780 47341 92 4696750 4139130 557620 295242 9231266 8445249 786017 453819 453819 332198 X X X X false false false false false false false false false John Wood Founder / Director 0 235990 0 8466 0 0 15794 0 1179 0 16973 244456 0 0 Erin Ganju CEO / Director 223980 0 8400 0 0 0 6252 0 9176 0 247808 0 0 0 Shari Freedman CFO 190508 0 7234 0 0 0 11610 0 10392 0 219744 0 0 0 Lynn Foden Chief of Intl Oper / Secretary 160550 0 3251 0 0 0 9404 0 17483 0 190688 0 0 0 Cory Heyman Chief Program Officer 215304 0 7733 0 0 0 13116 0 5772 0 241925 0 0 0 Geetha Murali Chief Development Officer 197269 0 7306 0 0 0 4554 0 6901 0 216030 0 0 0 Pierre A Towns Chief Talent Officer 178662 0 7091 0 0 0 11411 0 16695 0 213859 0 0 0 Lauren Hadi Dir., Strategic Partnerships 140347 0 7291 0 0 0 8420 0 6936 0 162994 0 0 0 X 1065571 Fair Market Value X Software Donated 2 824945 Fair Market Value X Laptops 150 92532 Fair Market Value false true false Other Program Services Form 990, Part III, Line 4d: Accelerator - In 2016 the organization provided technical assistance ("Accelerator Program") to third party organizations in six countries (Indonesia, Grenada, Rwanda, Nepal, India and Tanzania) 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. 92 local language titles were published during 2016. To date, we have distributed a cumulative total of 20,822,287 local and English books. 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 TD F 90-22.1 filing in the following countries: Singapore, South Africa, Sri Lanka, Switzerland, Tanzania, United Kingdom, Vietnam, and Zambia. 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 and Enforcement 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 conflicts 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 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 the 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. Room to Read Canada 390 Bay Street Suite 1202 Toronto Ontario CA M5H 2Y2 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 106-6024 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 Fundraising SN 501(c)(3) 07 Room to Read true Room to Read Switzerland Gartenstrasse 32 8700 Kusnacht Zurich SZ Fundraising SZ 501(c)(3) 07 Room to Read true Room to Read United Kingdom 1 SOUTHWARK BRIDGE London UK SE1 9HL Fundraising UK 501(c)(3) 07 Room to Read true Room to Read Hong Kong 99/F Intl Commerce Ctr 1 Austin R Kowloon Hong Kong HK Programs HK 501(c)(3) 07 Room to Read true Room to Read Zambia PO Box R1017 Royal Exchange ZA NSW 1225 Programs ZA 501(c)(3) 07 Room to Read true Room to Read South Africa 32 Ida Street 102 Meno Park SF Programs SF 501(c)(3) 07 Room to Read true Room to Read Australia Limited PO Box R1017 Royal Exchange AS Fundraising AS Room to Read C Corp 1.00000 true Room to Read Australia Foundation PO Box R1017 Royal Exchange AS Fundraising AS RtR AU Ltd Trust -5699672 3175590 1.00000 true Room to Read India Private Company E18A East of Kailash New Delhi IN Program IN Room to Read C Corp 1.00000 true Room to Read India Trust E18A East of Kailash New Delhi IN Program IN IN PVT CO Trust -3540314 710514 1.00000 true Room to Read New Zealand Kensington Swan level 9 89 the te Wellington NZ Fundraising NZ Room to Read C Corp -313 2235 1.00000 true false true true false false false false false false false false true true false true true true false false Room to Read India Trust b 3540314 FMV Room to Read Singapore b 633279 FMV Room to Read UK Limited b 2733803 FMV Room to Read Zambia b 1415256 FMV Room to Read Australia Foundation c 5699672 FMV Room to Read Hong Kong c 1570727 FMV Room to Read Japan c 493115 FMV Room to Read Canada c 543993 FMV Room to Read Switzerland c 618901 FMV Room to Read Netherlands c 191857 FMV Room to Read South Africa c 2331992 FMV Room to Read UK Limited q 90913 SLA