Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 61,649,102 | 87,360,213 | 63,414,883 | 61,036,639 | 66,816,180 | 340,277,017 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 61,649,102 | 87,360,213 | 63,414,883 | 61,036,639 | 66,816,180 | 340,277,017 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 23,810,694 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 316,466,323 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 61,649,102 | 87,360,213 | 63,414,883 | 61,036,639 | 66,816,180 | 340,277,017 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 283,526 | 482,221 | 350,518 | 493,763 | 599,459 | 2,209,487 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 5,862 | 21,276 | 170,634 | 112,258 | 131,200 | 441,230 |
| 11 | Total support. Add lines 7 through 10 | 342,927,734 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2024 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | OTHER INCOME - 2020 AMOUNT: $ 5,862. 2021 AMOUNT: $ 3,690. 2022 AMOUNT: $ 70,240. 2023 AMOUNT: $ 53,666. 2024 AMOUNT: $ 25,047. GROSS INCOME FROM FUNDRAISING - 2021 AMOUNT: $ 17,586. 2022 AMOUNT: $ 100,394. 2023 AMOUNT: $ 58,592. 2024 AMOUNT: $ 106,153. |
| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
|---|---|
| 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, ONE REGIONAL OFFICE AND SEVEN COUNTRY OFFICES REGISTERED UNDER ROOM TO READ, AS WELL AS ACCOUNTS OF ROOM TO READ AUSTRALIA LIMITED, ROOM TO READ CANADA, ROOM TO READ (HONG KONG) LIMITED, ROOM TO READ INDIA PRIVATE COMPANY LIMITED, ROOM TO READ INDIA TRUST, ROOM TO READ GLOBAL SERVICES PRIVATE LIMITED, ROOM TO READ UNITED ARAB EMIRATES , 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. |
| FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS: | FOUNDED IN 2000 ON THE BELIEF THAT WORLD CHANGE STARTS WITH EDUCATED CHILDREN, ROOM TO READ (THE ORGANIZATION") DEVELOPS CHILDREN'S FOUNDATIONAL LITERACY SKILLS, AS WELL AS LIFE SKILLS THAT PROMOTE GENDER EQUALITY. AS A LEADING IMPLEMENTER, ROOM TO READ NURTURES THESE ESSENTIAL SKILLS IN CHILDREN BY STRENGTHENING EDUCATION SYSTEMS ALL WHILE HONORING THE DIGNITY OF EVERY CHILD. ROOM TO READ'S LITERACY PORTFOLIO SUPPORTS CHILDREN IN DEVELOPING LITERACY SKILLS AND A LOVE OF READING BY TRAINING AND COACHING EDUCATORS, CREATING QUALITY CURRICULUM AND CHILDREN'S BOOK CONTENT IN LOCAL LANGUAGES, AND ENRICHING LEARNING SPACES THAT ENABLE CHILDREN TO BECOME INDEPENDENT READERS. ROOM TO READ'S GENDER EQUALITY PORTFOLIO SUPPORTS ALL ADOLESCENTS, PARTICULARLY GIRLS, TO DEVELOP LIFE SKILLS THAT PROMOTE GENDER EQUALITY WITH CURRICULUM THAT FOCUSES ON COLLABORATION, RESILIENCE, LEADERSHIP, DECISION-MAKING AND CRITICAL THINKING. ROOM TO READ IS A VALUABLE PARTNER OF CHOICE FOR GOVERNMENT, OTHER SYSTEM AND PROGRAM PARTNERS AS WELL AS INVESTORS FOCUSED ON EDUCATION. COMMITTED TO ACCELERATING LEARNING OUTCOMES FOR MORE CHILDREN, MORE QUICKLY, ROOM TO READ HAS BENEFITED MORE THAN 50 MILLION CHILDREN ACROSS 28 COUNTRIES, INCLUDING BANGLADESH, CAMBODIA, CANADA, CHINA, GRENADA, HONDURAS, INDIA, INDONESIA, ITALY, JORDAN, KENYA, LAOS, LEBANON, MALAWI, MALDIVES, MYANMAR, NEPAL, PAKISTAN, PALESTINE, PHILIPPINES, RWANDA, SOUTH AFRICA, SRI LANKA, TANZANIA, UGANDA, THE UNITED STATES, VIETNAM AND ZAMBIA. BY THE END OF 2027, ROOM TO READ AIMS TO DOUBLE THE NUMBER OF CHILDREN AND COMMUNITIES IT SUPPORTS EACH YEAR. ROOM TO READ ALSO HAS WORLDWIDE OFFICES: COLOMBO, DAR ES SALAAM, DHAKA, DELHI, DUBAI, HO CHI MINH CITY, HONG KONG, KATHMANDU, LONDON, MUMBAI, NAIROBI, NEW YORK CITY, PHNOM PENH, PRETORIA, SAN FRANCISCO, SINGAPORE, SYDNEY, TOKYO, VIENTIANE, WASHINGTON D.C., ZURICH AND CONDUCTS FUNDRAISING ACTIVITIES IN THE UNITED STATES ("US") AS WELL AS TEN COUNTRIES OUTSIDE OF THE US(AUSTRALIA, CANADA, HONG KONG, INDIA, JAPAN, THE NETHERLANDS, SINGAPORE, SWITZERLAND, UAE AND THE UNITED KINGDOM). ROOM TO READ ENVISIONS A WORLD FREE FROM ILLITERACY AND GENDER INEQUALITY, WHERE ALL CHILDREN HAVE ROOM TO READ, LEARN AND GROW. ROOM TO READ'S THEORY OF CHANGE REFLECTS ITS PATH TO WORLD CHANGE. SPECIFICALLY, THE ORGANIZATION: -LEVERAGES ITS PROGRAMMATIC CORE COMPETENCIES (CURRICULUM AND CONTENT, EDUCATOR TRAINING AND COACHING, DELIVERY STRUCTURES, AND RESEARCH AND INSIGHTS). -INFLUENCES AND STRENGTHENS LEARNING SYSTEMS (FORMAL AND NON-FORMAL EDUCATION SYSTEMS, MULTIMEDIA SYSTEMS, AND EVIDENCE MANAGEMENT SYSTEMS) BOTH DIRECTLY AND IN COLLABORATION WITH PARTNERS; AND -EXECUTES THROUGH TWO OPERATING MODELS (DELIVER AND ACCELERATE). ROOM TO READ'S ENTRY POINTS TO SCALE OUTCOMES IN A SPECIFIC CONTEXT CONSIDER THE LEVERAGING COMBINATION OF CORE COMPETENCY(IES) AND PARTNER(S') NEEDS WITHIN SPECIFIC LEARNING SYSTEMS, AS WELL AS THE RELATIVE BENEFIT OF DELIVERING PROGRAMMING THROUGH EACH OPERATING MODEL. SEE BELOW FOR DEFINITIONS OF CORE COMPETENCIES, LEARNING SYSTEMS AND OPERATING MODELS. PROGRAMMATIC CORE COMPETENCIES : OUR PROGRAMMATIC CORE COMPETENCIES, OR AREAS OF EXPERTISE, ARE CONTINUOUSLY CULTIVATED AND GUIDED BY WHAT CHILDREN NEED TO DEVELOP LITERACY SKILLS, AND LIFE SKILLS THAT PROMOTE GENDER EQUALITY. ROOM TO READ WORKS IN THE FOLLOWING AREAS, DEVELOPING AND DELIVERING QUALITY PROGRAMMING DIRECTLY, WHILE ALSO STRENGTHENING RELEVANT POLICIES AND PRACTICES WITH PARTNERS. CURRICULUM AND CONTENT: QUALITY, CONTEXTUALIZED LITERACY AND LIFE SKILLS CURRICULAR MATERIALS, SUPPLEMENTARY TEACHING AND LEARNING MATERIALS, AND CHILDREN'S LITERATURE IN A VARIETY OF LANGUAGES AND FORMATS. EDUCATOR TRAINING AND COACHING: TRAINING AND COACHING FOR EDUCATORS TO IMPROVE LITERACY AND LIFE SKILLS DEVELOPMENT FOR ALL CHILDREN, USING INCLUSIVE AND SENSITIVE TEACHING PRACTICES THAT ENCOURAGE CHILDREN'S DEVELOPMENT OF SELF-WORTH AND GENDER EQUALITY. DELIVERY STRUCTURES: SAFE AND ACCESSIBLE LEARNING SPACES FOR CHILDREN AS WELL AS THE TIME AND TECHNOLOGY TO USE THEM EFFECTIVELY. ROOM TO READ ALSO STRENGTHENS SUPPLY AND DEMAND CHAINS THAT ENRICH THESE SPACES. RESEARCH AND INSIGHTS: GENERATION AND UTILIZATION OF MEASUREMENT TOOLS, DATA AND EVIDENCE THAT SUPPORT PROGRAMMATIC IMPROVEMENTS AND INNOVATIONS AS WELL AS OVERALL IMPROVED LITERACY, LIFE SKILLS, DIGNIFIED LEARNING (I.E., SELF-WORTH) AND GENDER EQUALITY OUTCOMES. LEARNING SYSTEMS LEARNING SYSTEMS ARE THE SYSTEMS WITHIN THE LARGER LEARNING ECOSYSTEM THAT IMPACT CHILDREN'S DEVELOPMENT OF FOUNDATIONAL SKILLS. ROOM TO READ WORKS WITHIN AND ACROSS THE FOLLOWING LEARNING SYSTEMS: FORMAL EDUCATION SYSTEMS: GOVERNMENT AND NON-GOVERNMENT RUN SCHOOL SYSTEMS. NON-FORMAL EDUCATION SYSTEMS: SYSTEMS GOVERNING ORGANIZATIONS WORKING WITH CHILDREN IN THEMATIC AREAS SUCH AS ARTS, SPORTS, RELIGION, COMMUNITY LIBRARIES, JOB TRAINING AND HOME LEARNING. THIS CATEGORY ALSO INCLUDES SYSTEMS THAT SUPPORT DISPLACED POPULATIONS. MULTIMEDIA SYSTEMS: SYSTEMS GOVERNING FOR-PROFIT, NONPROFIT AND GOVERNMENT PUBLISHING; AUDIO AND VIDEO CONTENT PRODUCERS, BROADCASTERS AND DISTRIBUTORS; AND EDUCATION TECHNOLOGY PARTNERS. EVIDENCE MANAGEMENT SYSTEMS: SYSTEMS CREATED TO COLLECT AND MANAGE EVIDENCE IN AND ACROSS UNIVERSITIES, THINK TANKS, ASSESSMENT COMPANIES, DIGITAL DATA COLLECTION AND VISUALIZATION PARTNERS, AND GOVERNMENT EDUCATION MANAGEMENT INFORMATION SYSTEMS (EMIS). OPERATING MODELS: ROOM TO READ HAS TWO PRIMARY OPERATING MODELS DELIVER AND ACCELERATE. THE MODELS DEFINE THE ROLE ROOM TO READPLAYS IN IMPLEMENTING ITS PROGRAMMING AND ARE DEFINED AS FOLLOWS: UNDER THE DELIVER MODEL, ROOM TO READ DIRECTLY AND THROUGH IMPLEMENTING PARTNERS DESIGNS AND DELIVERS PROGRAMMING IN SCHOOLS, COMMUNITIES OR OTHER EDUCATIONAL SETTINGS. THIS MODEL INCLUDES INSTANCES WHERE ROOM TO READ FULLY LEADS PROGRAM DESIGN AND IMPLEMENTATION, OR WHERE IT CO-DESIGNS AND CO-IMPLEMENTS WITH KEY STAKEHOLDERS WHO MAY BEGIN TO ASSUME ACCOUNTABILITY FOR IMPLEMENTATION. THE PRIMARY USE CASES FOR THIS MODEL INCLUDE TESTING AND EVALUATING PROGRAM IMPROVEMENTS AND INNOVATIONS, AS WELL AS SHOWCASING AND PROVIDING A PROOF OF CONCEPT FOR POTENTIAL SYSTEM AND PROGRAM PARTNERS. THE FOCUS OF THE ACCELERATE MODEL IS TO BENEFIT MORE CHILDREN, MORE QUICKLY THAN COULD OTHERWISE BE DONE USING ROOM TO READ'S DELIVER MODEL. UNDER THE ACCELERATE MODEL, ROOM TO READ AND ITS IMPLEMENTING PARTNERS PROVIDE TECHNICAL ASSISTANCE OR EDUCATIONAL CONTENT TO PROGRAM AND SYSTEM PARTNERS AS THEY (1) IMPROVE THE IMPLEMENTATION OF THEIR OWN PROGRAMS, OR (2) TO ACHIEVE A DEFINED SET OF PROGRAMMATIC OUTCOMES, DUE TO A FUNDING ARRANGEMENT OR OTHER STRATEGIC INITIATIVE. THIS MODEL INCLUDES SOME LEVEL OF MONITORING AND EVALUATION TO UNDERSTAND THE IMPACT OF THE WORK WITH PARTNERS AT SCALE, SO THAT ROOM TO READ CAN CONTINUALLY IMPROVE ITS APPROACH IN SUPPORTING THEM. LEARN MORE AT WWW.ROOMTOREAD.ORG. FORM 990, PART V, LINE 2A THERE WERE 86 EMPLOYEES IN 2024. NUMBER OF TOTAL WORLDWIDE EMPLOYEES IN 2024 WAS 1,133. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 REVIEW PROCESS ROOM TO READ'S FORM 990 UNDERGOES A NUMBER OF INTERNAL AND EXTERNAL REVIEWS PRIOR TO BEING FILED WITH THE IRS. THE RETURN IS REVIEWED BY ROOM TO READ'S PUBLIC ACCOUNTING FIRM, GRANT THORNTON LLP, AND REVIEWED BY ROOM TO READ'S ACCOUNTING DEPARTMENT, CEO, AND CFO. THEN COPIES OF THE FORM 990 ARE PROVIDED TO THE AUDIT COMMITTEE AND TO ALL BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL. ANY QUESTIONS THE AUDIT COMMITTEE AND BOARD MEMBERS HAVE ARE DIRECTED TO ROOM TO READ'S CONTROLLER. |
| FORM 990, PART VI, SECTION B, LINE 12C | PROCESS FOR MONITORING OF CONFLICT OF INTEREST POLICY OUR CONFLICT OF INTEREST POLICY IS INCLUDED IN ROOM TO READ'S EMPLOYEE HANDBOOK. WORLDWIDE THE EMPLOYEE HANDBOOK IS DISTRIBUTED TO NEW EMPLOYEES UPON HIRE. IN ACCORDANCE WITH THIS POLICY, SIGNED ACKNOWLEDGEMENTS ARE MAINTAINED IN INDIVIDUAL EMPLOYEE FILES BY HUMAN RESOURCES. ANNUALLY THE MANAGEMENT TEAM AND BOARD SIGN CONFLICT OF INTEREST STATEMENTS AND DURING THE YEAR ANY CHANGES IN CONFLICT OF INTEREST ARE REPORTED TO THE BOARD. IF A SITUATION OF CONFLICT ARISE ON ANY MATTER, THE INTERESTED MEMBER/S ABSTAIN FROM VOTING ON THAT MATTER. |
| FORM 990, PART VI, SECTION B, LINE 15 | PROCESS FOR DETERMINING COMPENSATION OF CEO AND KEY EMPLOYEES THE BOARD HAS A HUMAN RESOURCES COMMITTEE WHICH INCLUDES AT LEAST TWO INDEPENDENT DIRECTORS AND CHIEF PEOPLE AND TECHNOLOGY 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 AND DOCUMENTED BY THE BOARD AS PART OF THE ANNUAL BUDGET DISCUSSION. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS AVAILABLE TO THE PUBLIC 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. |
| FORM 990, PART IX, LINE 11G | PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,500,294. MANAGEMENT AND GENERAL EXPENSES 116,036. FUNDRAISING EXPENSES 294,606. TOTAL EXPENSES 1,910,936. |
| FORM 990, PART XI, LINE 9: | CURRENCY TRANSLATION ADJUSTMENT -1,271,588. |
| Software ID: | |
| Software Version: |