WORLDREADER ORG: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
WORLDREADER ORG (EIN 27-2092468)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-07-31
IRS object ID
201742129349301054
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-07-31T13:08:27-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521392008PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GELMAN ROSENBERG & FREEDMANBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14550 MONTGOMERY AVE SUITE 650NAddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP208142930ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN272092468EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WORLDREADERORGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWORLBusinessNameControlTxt
Phone4155624840PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12030 1ST AVE NO 300AddressLine1Txt
CitySEATTLECityNm
State AbbreviationWAStateAbbreviationCd
ZIP98121ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN DAVID RISHERPersonNm
Person TitleCEOPersonTitleTxt
Phone4155624840PhoneNum
Signature2017-07-31SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT ALBRECHT CPAPreparerPersonNm
PTINP01003783PTIN
Phone3019519090PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address75.103.231.202IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-07-31IPDt
IP Tm14:07:26IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id24E2B1EDDFB7997E904F8C8AA54720A5F314F67AAtSubmissionCreationDeviceId
At Submission Filing Device Id1FEDC3D844B213D6E270159FFD818B87C53612ECAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1WORLDREADERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerJOHN DAVID RISHERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12030 1ST AVE NO 300AddressLine1Txt
CitySEATTLECityNm
State AbbreviationWAStateAbbreviationCd
ZIP98121ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$8,790,332GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WORLDREADER.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2010FormationYr
Legal Domicile StateWALegalDomicileStateCd
Activity Or MissionSEE PART III, LINE 1.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee35TotalEmployeeCnt
Total Volunteers22TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$10,552,733PYContributionsGrantsAmt
CY Contributions Grants$8,373,632CYContributionsGrantsAmt
PY Program Service Revenue$1,527,541PYProgramServiceRevenueAmt
CY Program Service Revenue$412,696CYProgramServiceRevenueAmt
PY Investment Income$7,795PYInvestmentIncomeAmt
CY Investment Income$1,830CYInvestmentIncomeAmt
PY Other Revenue$1,072PYOtherRevenueAmt
CY Other Revenue$2,174CYOtherRevenueAmt
PY Total Revenue$12,089,141PYTotalRevenueAmt
CY Total Revenue$8,790,332CYTotalRevenueAmt
PY Grants And Similar Paid$1,365,248PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,065,046CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,534,182PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,240,642CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$460,993CYTotalFundraisingExpenseAmt
PY Other Expenses$4,916,029PYOtherExpensesAmt
CY Other Expenses$4,449,387CYOtherExpensesAmt
PY Total Expenses$7,815,459PYTotalExpensesAmt
CY Total Expenses$8,755,075CYTotalExpensesAmt
PY Revenues Less Expenses$4,273,682PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$35,257CYRevenuesLessExpensesAmt
Total Assets BOY$7,523,411TotalAssetsBOYAmt
Total Assets EOY$7,671,368TotalAssetsEOYAmt
Total Liabilities BOY$166,601TotalLiabilitiesBOYAmt
Total Liabilities EOY$279,301TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,356,810NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,392,067NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE O FOR DETAILMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,396,487ExpenseAmt
Grant$2,065,046GrantAmt
Revenue$412,696RevenueAmt
DescUSING E-READERS, MOBILE PHONES, AND OTHER DIGITAL TECHNOLOGY WORLDREADER REACHES PEOPLE IN OVER 50 COUNTRIES, PROVIDING THEM WITH 42,899 BOOK TITLES IN 43 LANGUAGES FROM AFRIKAANS TO SWAHILI. WE CURRENTLY WORK WITH OVER 386 PUBLISHERS FROM ALL OVER THE WORLD TO ACQUIRE AND DIGITIZE THE MOST COMPELLING AND RELEVANT CONTENT FOR OUR READERS. OVER 5 MILLION PEOPLE HAVE READ BOOKS AS A RESULT OF WORLDREADER'S WORK.(SEE SCHEDULE O FOR ADDITIONAL DETAIL)Desc
Total Program Service Expenses$7,396,487TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document13IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee35EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SHANNON ATKINSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4155624840PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line140 RINGOLD STREETAddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94103ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JOHN DAVID RISHER
PRESIDENT/CEO40.00Yes (X)Yes (X)$131,283$0$6,315
PETER SPIRO
CHAIRMAN OF THE BOARD1.00Yes (X)Yes (X)$0$0$0
AIKO BETHEA
SECRETARY1.00Yes (X)Yes (X)$0$0$0
CHARLES BRIGHTON
DIRECTOR1.00Yes (X)$0$0$0
COLIN MCELWEE SEE SCHED O
DIRECTOR1.00Yes (X)$0$0$0
HARRISON MILLER
DIRECTOR1.00Yes (X)$0$0$0
KARTIK RAGHAVAN
DIRECTOR1.00Yes (X)$0$0$0
SUSAN COSTLEY SANDERSON
DIRECTOR1.00Yes (X)$0$0$0
CHRIS CAPOSSELA
DIRECTOR1.00Yes (X)$0$0$0
TERRY ATKINSON
DIRECTOR1.00Yes (X)$0$0$0
MARY CASE
DIRECTOR1.00Yes (X)$0$0$0
ELIZABETH KHURI CHANDLER
DIRECTOR1.00Yes (X)$0$0$0
JESSICA MEUNIER END OCT 2016
TREASURER & DIRECTOR OF FINANCE40.00Yes (X)$74,413$0$4,437
ZEV LOWE
DIRECTOR OF GLOBAL INSIGHTS40.00$100,881$0$5,454Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$306,577TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$16,206TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FISSION STRATEGY LLCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1419 7TH ST NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20004ZIPCd
FieldValueIRS element (for citing)
ServicesPUBLIC RELATIONSServicesDesc
Compensation$107,880CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$8,373,632AllOtherContributionsAmt
Noncash Contributions$2,088,819NoncashContributionsAmt
Total Contributions$8,373,632TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM INCOMEDesc
Business900099BusinessCd
Total Revenue Column$412,696TotalRevenueColumnAmt
Related Or Exempt Func Income$412,696RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$412,696TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,830TotalRevenueColumnAmt
Exclusion$1,830ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$2,174TotalRevenueColumnAmt
Exclusion$2,174ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,174OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,790,332TotalRevenueColumnAmt
Related Or Exempt Func Income$412,696RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$4,004ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$2,065,046TotalAmt
Program Services$2,065,046ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$216,448TotalAmt
Program Services$34,400ProgramServicesAmt
Management And General$113,250ManagementAndGeneralAmt
Fundraising$68,798FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,749,833TotalAmt
Program Services$1,151,087ProgramServicesAmt
Management And General$364,520ManagementAndGeneralAmt
Fundraising$234,226FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$9,400TotalAmt
Program Services$6,159ProgramServicesAmt
Management And General$1,681ManagementAndGeneralAmt
Fundraising$1,560FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$101,776TotalAmt
Program Services$66,080ProgramServicesAmt
Management And General$21,717ManagementAndGeneralAmt
Fundraising$13,979FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$163,185TotalAmt
Program Services$98,795ProgramServicesAmt
Management And General$39,367ManagementAndGeneralAmt
Fundraising$25,023FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,396TotalAmt
Program Services$7,387ProgramServicesAmt
Management And General$3,892ManagementAndGeneralAmt
Fundraising$117FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$54,096TotalAmt
Program Services$35,064ProgramServicesAmt
Management And General$18,475ManagementAndGeneralAmt
Fundraising$557FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$488,778TotalAmt
Program Services$316,818ProgramServicesAmt
Management And General$166,929ManagementAndGeneralAmt
Fundraising$5,031FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$22,094TotalAmt
Program Services$16,496ProgramServicesAmt
Management And General$3,274ManagementAndGeneralAmt
Fundraising$2,324FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$133,575TotalAmt
Program Services$99,725ProgramServicesAmt
Management And General$19,795ManagementAndGeneralAmt
Fundraising$14,055FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$109,013TotalAmt
Program Services$81,387ProgramServicesAmt
Management And General$16,155ManagementAndGeneralAmt
Fundraising$11,471FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$390,478TotalAmt
Program Services$390,478ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$175,283TotalAmt
Program Services$107,501ProgramServicesAmt
Management And General$42,168ManagementAndGeneralAmt
Fundraising$25,614FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$186,856TotalAmt
Program Services$139,503ProgramServicesAmt
Management And General$27,691ManagementAndGeneralAmt
Fundraising$19,662FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$48,396TotalAmt
Program Services$36,132ProgramServicesAmt
Management And General$7,172ManagementAndGeneralAmt
Fundraising$5,092FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$123,360TotalAmt
Program Services$92,098ProgramServicesAmt
Management And General$18,282ManagementAndGeneralAmt
Fundraising$12,980FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$16,153TotalAmt
Program Services$12,059ProgramServicesAmt
Management And General$2,394ManagementAndGeneralAmt
Fundraising$1,700FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
READING DEVICES/CONTENT$2,499,204$2,499,204
LICENSING$82,560$61,638$12,235$8,687
HARDWARE$27,672$20,659$4,101$2,912
VIDEO PRODUCTION$15,875$11,852$2,353$1,670

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$64,598TotalAmt
Program Services$46,919ProgramServicesAmt
Management And General$12,144ManagementAndGeneralAmt
Fundraising$5,535FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,755,075TotalAmt
Program Services$7,396,487ProgramServicesAmt
Management And General$897,595ManagementAndGeneralAmt
Fundraising$460,993FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$86,940BOYAmt
EOY$62,356EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,248,199BOYAmt
EOY$3,354,506EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,982,181BOYAmt
EOY$4,172,402EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$30,806BOYAmt
EOY$29,749EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,395BOYAmt
EOY$7,825EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$290,250LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$245,720LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$167,890BOYAmt
EOY$44,530EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,523,411BOYAmt
EOY$7,671,368EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$114,999BOYAmt
EOY$79,321EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$51,602BOYAmt
EOY$199,980EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$166,601BOYAmt
EOY$279,301EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,021,356BOYAmt
EOY$1,761,459EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,335,454BOYAmt
EOY$5,630,608EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,356,810BOYAmt
EOY$7,392,067EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,523,411BOYAmt
EOY$7,671,368EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$35,257ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,452,225CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,135,341CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,653,224CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,552,733CurrentTaxYearMinus1YearAmt
Current Tax Year$8,373,632CurrentTaxYearAmt
Total$31,167,155TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,452,225CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,135,341CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,653,224CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,552,733CurrentTaxYearMinus1YearAmt
Current Tax Year$8,373,632CurrentTaxYearAmt
Total$31,167,155TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$6,036,628SubstantialContributorsTotAmt
Public Support Total170$25,130,527PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$284CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$472CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,320CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,795CurrentTaxYearMinus1YearAmt
Current Tax Year$1,830CurrentTaxYearAmt
Total$12,701TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$1,072CurrentTaxYearMinus1YearAmt
Current Tax Year$2,174CurrentTaxYearAmt
Total$3,246TotalAmt
FieldValueIRS element (for citing)
Total Support$31,183,102TotalSupportAmt
Gross Receipts Rltd Activities$2,642,494GrossReceiptsRltdActivitiesAmt
Public Support CY1700.80590PublicSupportCY170Pct
Public Support PY1700.79610PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$290,250OtherCostOrOtherBasisAmt
Depreciation$245,720DepreciationAmt
Book Value$44,530BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$44,530TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$9,317,972TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$527,640DonatedServicesAndUseFcltsAmt
Revenue Not Reported$527,640RevenueNotReportedAmt
Revenue Subtotal$8,790,332RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$8,790,332TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$9,282,715TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$527,640DonatedServicesUseFcltsAmt
Expenses Not Reported$527,640ExpensesNotReportedAmt
Expenses Subtotal$8,755,075ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$8,755,075TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationFOR THE YEARS ENDED DECEMBER 31, 2016 AND 2015, WORLDREADER HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FEDERAL FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER IT IS FILED.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE00GRANTS TO RECIPIENTS LOCATED IN REGION$1,707,046
SUB-SAHARAN AFRICA00GRANTS TO RECIPIENTS LOCATED IN REGION$358,000
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$2,065,046SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$2,065,046TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtNon Cash AssistanceNonCashAssistanceAmtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
EUROPEGENERAL OPERATIONS, FUNDACION WORLD READER.$1,698,343WIRE$8,703COMPUTERSRETAIL PRICE
SUB-SAHARAN AFRICAGENERAL OPERATIONS, WORLDREADER GHANA.$358,000WIRE
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationWORLDREADER GRANTS WENT TO FOREIGN AFFILIATES IN SPAIN AND GHANA. WORLDREADER REVIEWS THE FINANCIAL STATEMENTS OF THE AFFILIATE ENTITIES QUARTERLY AND CONTINUALLY MONITORS HOW GRANT FUNDS ARE SPENT.ExplanationTxt

Schedule M IRS990ScheduleM

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$1,754,746NoncashContributionsRptF990Amt
Method Of Determining RevenuesEST.AVERAGE RETAIL PRICEMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution3ContributionCnt
Noncash Contributions Rpt F990$133,748NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescE-READER ACCESSORIESDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$200,325NoncashContributionsRptF990Amt
Method Of Determining RevenuesRETAIL VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationCOLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS WHO PROVIDED CONTRIBUTIONS TO THE ORGANIZATION DURING THE YEAR.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1:WORLDREADER IS A GLOBAL NON-PROFIT THAT USES TECHNOLOGY TO BRING DIGITAL BOOKS TO EVERY CHILD AND THEIR FAMILY, SO THEY CAN IMPROVE THEIR LIVES. IN ITS FIRST SIX YEARS, WORLDREADER HAS REACHED OVER 5 MILLION READERS IN 50 COUNTRIES WITH A DIGITAL LIBRARY OF 40,000+ LOCAL AND INTERNATIONAL E-BOOKS VIA E-READERS AND MOBILE PHONES. WORLDREADER PLANS TO GO FROM REACHING 27 MILLION PEOPLE ANNUALLY TO REACHING NEARLY 40 MILLION ANNUALLY BY 2020. FOUNDED IN 2010 BY FORMER MICROSOFT AND AMAZON EXECUTIVE DAVID RISHER, AND FORMER MARKETING DIRECTOR AT BARCELONA'S ESADE BUSINESS SCHOOL COLIN MCELWEE, WORLDREADER WORKS WITH DEVICE MANUFACTURERS, LOCAL AND INTERNATIONAL PUBLISHERS, GOVERNMENTS, EDUCATION OFFICIALS, AND LOCAL COMMUNITIES TO CREATE A WORLD WHERE EVERYONE IS A READER. FOR MORE INFORMATION ON WORLDREADER, PLEASE VISIT WWW.WORLDREADER.ORG.
FORM 990, PART III, LINE 4A:WORLDREADER'S THREE LARGEST PROGRAM SERVICES ARE: A PRE-READING PROGRAM - WORLDREADER'S FLAGSHIP PROJECT, READ TO KIDS IS A 2-YEAR BEHAVIORAL AND CULTURAL CHANGE PROJECT IN NEW DELHI, INDIA, AIMED AT GETTING PARENTS AND CAREGIVERS TO READ TO THEIR YOUNG CHILDREN AGED 0 TO 8 TO DEVELOP THEIR CHILDREN'S PRE-LITERACY SKILLS AND IMPROVE SCHOOL READINESS. THIS PROJECT IS A COLLABORATION WITH PEARSON PLC AND RESULTS FOR DEVELOPMENT, AS WELL AS CENTERS FOR KNOWLEDGE SOCIETY, KATHA, PRATHAM BOOKS, AND A NUMBER OF OTHER INDIA-BASED PARTNERS. SCHOOL AND LIBRARY READING PROGRAMS: WORLDREADER HAS 100 SCHOOL READING PROJECTS WITH ACTIVITY IN 368 SCHOOLS AND 29 LIBRARY READING PROJECTS WITH ACTIVITY IN 96 COMMUNITY LIBRARIES. WORLDREADER'S SCHOOL AND LIBRARY READING PROGRAMS ARE ACTIVE IN 16 SUB-SAHARAN AFRICAN COUNTIRES. STUDENTS IN WORLDREADER'S SCHOOL READING PROGRAM COULD READ 19-25 MORE CORRECT WORDS PER MINUTE AND THEIR READING COMPREHENSION DOUBLED IN THEIR MOTHER TONGUE AND ENGLISH AFTER 18 MONTHS IN WORLDREADER'S PROGRAM. IN ADDITION, LIBRARY ATTENDANCE IN KENYAN LIBRARIES HAS INCREASED BY 2.78 TIMES WITH THE INTRODUCTION OF WORLDREADER E-READERS LOADED WITH HUNDREDS OF LOCALLY-PUBLISHED AND INTERNATIONAL BOOKS THE LEAP PROJECT. AT THE END OF THE FIRST PHASE OF THE LEAP PROJECT, 84% OF PATRONS SAID THEY READ MORE AS A RESULT OF THE INTRODUCTION OF EREADERS INTO THEIR LIBRARIES. THROUGH ITS LIFELONG READING PROGRAM, WORLDREADER ALLOWS INDIVIDUALS WITH MOBILE PHONES TO READ BOOKS FOR FREE. 5M PEOPLE HAVE TAKEN ADVANTAGE OF THIS SERVICE SO FAR. LIFELONG READERS INCLUDE YOUNG WOMEN WHO USE THE PRIVACY OF READING ON A SCREEN TO READ REPRODUCTIVE HEALTH MATERIALS WITHOUT STIGMA, POST-SECONDARY STUDENTS WHO WISH TO ACCESS INFORMATION THAT FURTHERS THEIR KNOWLEDGE, AND PEOPLE WHO WISH TO PICK UP A NOVEL SO THEY CAN BE INSPIRED OR ENTERTAINED. USING LOW-COST TECHNOLOGY, CULTURALLY RELEVANT DIGITAL LIBRARIES, AND A GLOBAL NETWORK OF CORPORATE AND NONPROFIT PARTNERS, WORLDREADER HELPS MILLIONS OF CHILDREN AND THEIR FAMILIES READ FOR THE FIRST TIME AND THROUGHOUT THEIR LIFETIME - ULTIMATELY WORKING TOWARDS A WORLD IN WHICH EVERYONE CAN BE A READER.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE FINANCE COMMITTEE. A COPY OF THE FINAL FORM 990 WAS PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CALL OFFICERS AND DIRECTORS ARE REQUIRED TO ANNUALLY SIGN THE CONFLICT OF INTEREST POLICY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON DISCLOSES THE EXISTENCE OF THE FINANCIAL INTEREST AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE LEAVES THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE, IF APPROPRIATE, APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT MAKE A DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT.
FORM 990, PART VI, SECTION B, LINE 15AWORLDREADER'S BOARD SET THE PRESIDENT/CEO'S COMPENSATION, USING EXTERNAL SALARYBENCHMARKING DATA AND DOCUMENTED ITS DELIBERATIONS AND CONCLUSIONS. COMPENSATION FOR ALL EMPLOYEES, INCLUDING SENIOR MANAGEMENT, IS SET BY THE PRESIDENT/CEO IN COOPERATION WITH THE DIRECTOR OF HUMAN RESOURCES AS DETERMINED BY MARKET BASED PAY SCALES AND JOB LEVEL AND RESPONSIBILITY. THE BOARD DOES NOT DIRECTLY DETERMINE OR APPROVE EACH EMPLOYEE'S COMPENSATION, BUT DOES APPROVE THE BUDGET WHICH INCLUDES THESE SALARY FIGURES. THE LAST COMPENSATION REVIEW WAS PERFORMED IN AUGUST 2016. THE BOARD ALSO APPROVES THE TREASURER'S SALARY IN ACCORDANCE WITH THE CA NON-PROFIT INTEGRITY ACT.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE THROUGH THE ORGANIZATION'S WEBSITE, WWW.WORLDREADER.ORG.
FORM 990, PART VI, LINES 1A AND B:ON FORM 990, PART VI, LINES 1A AND B, WORLDREADER HAS INDICATED THAT ELEVEN MEMBERS OF THE BOARD OF DIRECTORS ARE INDEPENDENT. THIS CONCLUSION IS CONSISTENT WITH THE FORM 990 INSTRUCTIONS FOR THESE LINES. IN THE SPIRIT OF TRANSPARENCY, WORLDREADER WISHES TO PROVIDE ADDITIONAL INFORMATION REGARDING ONE OF THE MEMBERS OF THE BOARD OF DIRECTORS THAT IT FEELS IS IMPORTANT TO THE READER OF FORM 990. COLIN MCELWEE IS A FULL-TIME, PAID EMPLOYEE OF FUNDACION WORLDREADER, A SPANISH ENTITY THAT RECEIVES A MAJORITY OF ITS FUNDING FROM WORLDREADER. HE IS ALSO REPORTED ON FORM 990 PART VII AS BOTH A MEMBER OF THE BOARD AND AN OFFICER OF THAT ORGANIZATION. FUNDACION WORLDREADER IS NOT A RELATED ORGANIZATION UNDER THE DEFINITION PROVIDED IN THE FORM 990 INSTRUCTIONS; HOWEVER, IT IS AN ORGANIZATION WITH WHICH WORLDREADER HAS A CLOSE WORKING RELATIONSHIP. IF FUNDACION WORLDREADER WAS CONSIDERED A RELATED ORGANIZATION, MR. MCELWEE WOULD NOT BE CONSIDERED INDEPENDENT.

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