Room to Read

“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 unti”

“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, 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.”

“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.”

“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.”

“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.”

“Form 990, part xi, line 9 currency translation adjustment -909,656 -------------- total -909,656”