2015-11-09T11:27:39-06:00 2014-12-31 GRANT THORNTON LLP 101 CALIFORNIA STREET SUITE 2700 SAN FRANCISCO CA 94111 990 2014-01-01 912003533 Room to Read % SHARI FREEDMAN CFO ROOM 4158394400 465 California Street San Francisco CA 94104 Erin Ganju CEO 4158394000 2015-11-03 true ROSEMARIE BROWN P01278077 4159863900 2014 2016-03-07 17:11:31Z Erin Ganju 465 California St Ste 1000 San Francisco CA 94104 42483577 false X www.roomtoread.org X 1999 WA Room to Read believes that world change starts with educated children. 12 10 95 14680 0 0 41853081 41302249 0 0 171819 192950 793902 930052 42818802 42425251 11469112 11117302 0 0 12766061 14885341 0 0 4445144 16508279 15873439 40743452 41876082 2075350 549169 20699629 22622753 854444 1650679 19845185 20972074 X SEE SCHEDULE O false false 11651045 8920547 School Libraries - See Schedule O 10765565 Reading and Writing Instructions - See Schedule O 9367440 2196755 Girls' Education Program - See Schedule O 2097188 0 0 School Construction - See Schedule O 885479 0 0 Book Publishing - 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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, 2011 through December 31, 2014 for U.S. federal and California. There have been no material changes in unrecognized benefits as of December 31, 2014 nor are any material changes anticipated in the twelve months following December 31, 2014. There have been no related tax penalties or interest, which would be classified as other expense in the consolidated statement of activities. Reconciliation of Revenue per Financial Statements with Return Schedule D, Part XI, Line 2d: Affiliate Contribution Gross to Net Adjustment $10,366,261 Schedule D, Part XI, Line 4b: Fundraising Expenses $(58,326) Reconciliation of Expenses per Financial Statements with Return: Schedule D, Part XII, Line 2d: Affiliate Gross to Net Expense Adjustment $10,571,937 Fundraising Expenses $58,326 Schedule D, Part XII, Line 4b: Affiliate Service Agreement $205,676 true East Asia and the Pacific 16 149 Program Services Libraries & Literacy 7722989 Sub-Saharan Africa 9 116 Program Services Libraries & Literacy 2179576 South Asia 22 481 Program Services Libraries & Literacy 8181727 Europe (Including Iceland and Greenland) 2 4 Fundraising 732623 North America 2 70 Fundraising 81073 East Asia and the Pacific Grantmaking 895404 Sub-Saharan Africa Grantmaking 4627623 South Asia Grantmaking 5594275 East Asia and the Pacific Investments 1873600 Europe (Including Iceland and Greenland) Investments 2241618 North America Investments 334692 South Asia Investments 790465 Sub-Saharan Africa Investments 330946 51 820 51 820 35586611 35586611 South Asia Program Services 4365650 Wire Sub-Saharan Africa Program Services 2215797 Wire Sub-Saharan Africa Program Services 2339100 Wire 3 0 Scholarships South Asia 9829 1228625 Wire Scholarships East Asia and the Pacific 7221 895404 Wire Scholarships Sub-Saharan Africa 782 72726 Wire 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 approved by the regional office, global office, and the board. Grant 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 grantees 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. Grants are subject to internal and external audit procedures. 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 3005797 2920875 84922 Sydney Gala 2605151 2548479 56672 87 8513761 7591107 922654 58326 14124709 13060461 1064248 58326 58326 1005922 X X X X X false false false false false false false false false John Wood Founder / Director 183333 0 3566 0 0 0 11214 0 10308 0 208421 0 0 0 Erin Ganju CEO / Director 198560 0 2516 0 720 0 6129 0 8398 0 216323 0 0 0 Lynn Foden Chief of Intl Oper./Secretary 158830 0 0 0 0 0 9600 0 10952 0 179382 0 0 0 Cory Heyman Chief Program Officer 183000 0 13214 0 480 0 11801 0 167 0 208662 0 0 0 Geetha Murali Chief Development Officer 176680 0 2204 0 0 0 4582 0 6636 0 190102 0 0 0 Pierre A Towns Chief Talent Officer 157096 0 1521 0 480 0 10590 0 33705 0 203392 0 0 0 Jody Roy Senior Director 127955 0 10000 0 0 0 7750 0 6556 0 152261 0 0 0 X 1787933 Fair Market Value X Software 0 570059 Fair Market Value false true false Organization's Mission Form 990, Part III, Line 1: 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 2014, Room to Read conducted program operations 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 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 2014 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 Form 990, Part III, Line 4a: School Libraries - by the end of 2014, the organization had reached an estimated 9.7 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. A total of 984 school libraries were established during 2014. To date we have completed a cumulative total of 17,534 school library projects. Program Service Accomplishments Form 990, Part III, Line 4b: Reading and Writing Instruction - the organization partners with ministries of education to supplement gaps that exist in the standard reading and writing curriculum by providing resources, in-service teacher training and classroom enhancements. A total of 2,914 reading and writing instruction classes were active during 2014. Program Service Accomplishments Form 990, Part III, Line 4c: 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. A total of 26,016 girls were enrolled in our girls' education program in 2014. To date, we have benefitted a total of 31,733 girls. Program Service Accomplishments Form 990, Part III, Line 4d: 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. A total of 105 school construction projects were established during 2014. To date, we have completed a cumulative total of 1,930 school construction projects. 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 129 local language titles were published during 2014. To date, we have distributed a cumulative total of 15,716,514 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. Significant Changes to the Organization's Bylaws Form 990, Part VI, Section A, Line 4: During the 2014 tax year, the organization amended its bylaws; the significant changes to those bylaws are as follows: 1) The organization elaborated on the role of the Board of Directors, further outlining duties and expectations. 2) The organization edited the roles and duties of the committees of the Board of Directors, including the Finance Commitee, Audit Committee, Nominating and Governance Committee, and the Human Resources Committee. 3) The Founder of the Organization, rather than the Executive Chairman, shall now be deemed an officer of the organization. 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 accounting department and is reviewed by Room to Read's 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 Read's 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 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, 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 St 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 Minato-ku, 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 UK Limited c/o Credit Suisse 1 Cabot Square London UK E144QT 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 Fundraising 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 Available Upon Request AS Fundraising AS Room to Read C Corp 0 0 1.00000 true Room to Read Australia Foundation Available Upon Request AS Fundraising AS RtR AU Ltd Trust 2792546 601181 1.00000 true Room to Read India Private Company Available Upon Request IN Program IN Room to Read C Corp 0 0 1.00000 true Room to Read India Trust Available Upon Request IN Program IN IN PVT CO Trust -4365650 868009 1.00000 true Room to Read New Zealand Available Upon Request NZ Fundraising NZ Room to Read C Corp -1595 1062 1.00000 true false true true false false false false false false false true true false true true true false false Room to Read India Trust b 4365650 FMV Room to Read South Africa b 2215797 FMV Room to Read Zambia b 2339100 FMV Room to Read Hong Kong c 2500288 FMV Room to Read Singapore c 790512 FMV Room to Read UK Limited c 4886879 FMV Room to Read Australia Foundation c 2792546 FMV Room to Read Canada c 631993 FMV Room to Read Japan c 806727 FMV Room to Read Switzerland c 1717007 FMV Room to Read UK Limited q 156574 SLA Room to Read Canada q 51220 SLA