2022-07-27T13:57:02-05:00 2021-12-31 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RND FLOOR NEW YORK NY 100172013 990 2021-01-01 912003533 ROOM TO READ ROOM 4158394400 465 CALIFORNIA STREET 1000 SAN FRANCISCO CA 94104 GEETHA MURALI CEO 4158394400 2022-07-27 1 GEETHA MURALI 912003533 DANIEL ROMANO P00504182 2125990100 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z GEETHA MURALI 465 CALIFORNIA STREET 1000 SAN FRANCISCO CA 94104 88523109 0 X WWW.ROOMTOREAD.ORG X 1999 WA ROOM TO READ IS CREATING A WORLD FREE FROM ILLITERACY AND GENDER INEQUALITY, THROUGH EDUCATION. 19 17 90 10000 0 0 61649102 87376403 0 0 324573 483432 -19414 -5284 61954261 87854551 724046 1336286 0 0 29261399 29798897 0 0 4517834 18035425 28320291 48020870 59455474 13933391 28399077 51354748 79944429 7060491 5714607 44294257 74229822 X ROOM TO READ IS CREATING A WORLD FREE FROM ILLITERACY AND GENDER INEQUALITY, THROUGH EDUCATION. 0 0 40866994 1336286 120856 OUR LITERACY PROGRAM TRANSFORMS PRIMARY SCHOOLS TO ENABLE CHILDREN TO BECOME INDEPENDENT READERS AND LIFELONG LEARNERS. OUR LITERACY PROGRAM TRAINS AND COACHES TEACHERS, CREATES QUALITY BOOKS AND CURRICULAR MATERIALS AND ESTABLISHES LIBRARIES FILLED WITH DIVERSE CHILDREN'S BOOKS IN LOCAL LANGUAGES THAT CAN BE ENJOYED AT SCHOOL OR HOME. WE PARTNER WITH LOCAL COMMUNITIES, GOVERNMENTS AND THE PUBLISHING INDUSTRY TO TEST AND IMPLEMENT INNOVATIVE MODELS THAT HELP CHILDREN SUCCEED IN SCHOOL AND DEVELOP A LOVE OF READING.TO DATE, ROOM TO READ HAS BENEFITED 28.2MM CHILDREN AND MORE THAN 49,000 PARTNER SCHOOLS THROUGH ITS LITERACY PORTFOLIO. (CONTINUED IN SCHEDULE O) 11831926 OUR GIRLS' EDUCATION PROGRAM HELPS GIRLS BUILD THE SKILLS TO SUCCEED IN SCHOOL AND MAKE KEY LIFE DECISIONS. WE PREPARE GIRLS TO MAKE POSITIVE CHANGE BY PROVIDING LIFE SKILLS CURRICULUM, OPPORTUNITIES FOR MENTORSHIP AND PEER SUPPORT AND FAMILY AND COMMUNITY ENGAGEMENT. OUR PROGRAM SUPPORTS YOUNG PEOPLE OF ALL GENDERS TO BUILD KNOWLEDGE AND SKILLS WITH WHICH THEY CAN CREATE A GENDER[1]EQUAL WORLD. WE HELP GOVERNMENTS DELIVER SIMILAR PROGRAMS THROUGH THEIR OWN EDUCATION SYSTEMS.TO DATE, ROOM TO READ HAS BENEFITED 3.2MM GIRLS THROUGH ITS GIRLS' EDUCATION AND GENDER EQUALITY PORTFOLIO. (CONTINUED IN SCHEDULE O) SEE SCHEDULE O 52698920 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 X 109 0 1 90 1 0 1 AS BG CB CA HK IN JA LA NP SZ SN SF CE TZ UK VM ZA NZ NL 0 0 0 1 1 0 0 0 0 0 0 X 19 17 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AK AL AR AZ CA CT DC FL GA HI IL KS KY LA MA MD ME MI MN MS NC NH NJ NM NY 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 GEETHA MURALI CEO / DIRECTOR 40.00 0.00 X X 281688 0 14535 SHARI FREEDMAN CFO 40.00 0.00 X 209883 0 38918 NICOLE SAYRES CHIEF OPERATING OFFICER 40.00 0.00 X 211078 0 23593 HEATHER SIMPSON CHIEF PROGRAM OFFICER 40.00 0.00 X 204181 0 22731 LAURIE MCMAHON CHIEF DEVCOM OFFICER 40.00 0.00 X 222286 0 8978 NANCY SHYER VICE PRESIDENT, FINANCE 40.00 0.00 X 179765 0 30351 CHRISTINE BEGGS VICE PRESIDENT, RME 40.00 0.00 X 184211 0 28521 MICHAEL BOWERS VICE PRESIDENT, PROGRAM OPS 40.00 0.00 X 175933 0 11259 JOHN WOOD FOUNDER / DIRECTOR 5.00 0.00 X X 15737 0 0 JOHN RIDDING DIRECTOR 1.00 0.00 X 0 0 0 YUSUF ALIREZA DIRECTOR 1.00 0.00 X 0 0 0 ANDREW BALLS DIRECTOR 1.00 0.00 X 0 0 0 MARY BYRON BOARD CHAIR 1.00 0.00 X X 0 0 0 DR LUIS CROUCH DIRECTOR 1.00 0.00 X 0 0 0 CARL HUTTENLOCHER DIRECTOR 1.00 0.00 X 0 0 0 ELIZABETH KING DIRECTOR 1.00 0.00 X 0 0 0 JOHN LINDFORS DIRECTOR 1.00 0.00 X 0 0 0 FRANK VAN VEENENDAAL DIRECTOR 1.00 0.00 X 0 0 0 SUSAN WOJCICKI DIRECTOR 1.00 0.00 X 0 0 0 STASIA OBREMSKEY DIRECTOR 1.00 0.00 X 0 0 0 SABINE CHALMERS DIRECTOR 1.00 0.00 X 0 0 0 MIKE CANNON-BROOKES DIRECTOR 1.00 0.00 X 0 0 0 SCOTT KAPNICK DIRECTOR 1.00 0.00 X 0 0 0 LYDIE HUDSON DIRECTOR 1.00 0.00 X 0 0 0 NAJOH TITA-REID DIRECTOR 1.00 0.00 X 0 0 0 VICKY TSAI DIRECTOR 1.00 0.00 X 0 0 0 1684762 0 178886 29 0 1 0 NEXUS PRODUCTION LIMITED 25 CHART STREET N1 6FA LONDON UK ANIMATION FILMS 400000 ROBOSOFT TECHNOLOGIES INC 95 3RD ST 2ND FLOOR SAN FRANCISCO CA 93103 IT SERVICES 282541 INNOVATIONS PSI PO BOX 27157 SAN FRANCISCO CA 94127 HIRING AGENCY 280627 WORKDAY INC STREET BOX 396106 SAN FRANCISCO CA 94139 SOFTWARE 273206 GRANT THORNTON 515 S FLOWER ST 7TH FLOOR LOS ANGELES CA 90071 AUDIT & TAXATION 221276 23 601686 2403596 84371121 7813921 87376403 482221 482221 568107 566896 1211 1211 1211 17586 601686 101662 -84076 -84076 CONTRACT REVENUE 900099 120856 120856 MISCELLANEOUS REVENUE 900099 3690 3690 CURRENCY EXCHANGE 900099 -45754 -45754 78792 87854551 120856 0 357292 1336286 1336286 779695 489006 252674 38015 24017621 20281658 930445 2805518 338216 202929 37204 98083 4003155 3658223 92500 252432 660210 405354 81364 173492 206917 136586 64951 5380 433595 228614 157443 47538 4221944 3726510 181919 313515 39370 39370 421025 362062 21397 37566 1709882 1407517 7623 294742 1858396 1477948 162663 217785 533607 520842 3205 9560 25679 25679 14552 8785 2595 3172 96618 70940 24693 985 DONATED BOOKS 8082452 8082452 LITERACY PROGRAM 6566295 6566295 GIRLS EDUCATION PROGRAM 1868836 1868836 STAFF RECRUITMENT & DEV 705881 525333 160470 20078 1535242 1317065 57574 160603 59455474 52698920 2238720 4517834 17350825 12182760 2655761 1882356 16401115 21568442 204425 281467 2671905 1753478 852383 1022538 589632 516035 88149 73597 10837238 40916968 292947 262823 51354748 79944429 565886 808424 1973086 764892 4521519 4141291 7060491 5714607 X 26832378 49122464 17461879 25107358 44294257 74229822 51354748 79944429 X 28399077 1898735 -362247 X 0 1 X 1 1 1 X 54112225 54367201 59968360 61649102 87360213 317457101 54112225 54367201 59968360 61649102 87360213 317457101 23124072 294333029 140033 188528 201538 283526 482221 1295846 312771 289416 279498 5862 21276 908823 319661770 120856 0.92080 0.96510 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2017 AMOUNT: $ 50,912. 2018 AMOUNT: $ 92,480. 2019 AMOUNT: $ 61,937. 2020 AMOUNT: $ 5,862. 2021 AMOUNT: $ 3,690. GROSS INCOME FROM FUNDRAISING - 2017 AMOUNT: $ 261,859. 2018 AMOUNT: $ 196,936. 2019 AMOUNT: $ 217,561. 2021 AMOUNT: $ 17,586. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 118083 46599 71484 234088 234036 52 237461 235400 2061 73597 ACCRUED LIABILITIES 4141291 4141291 X PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE THE ORGANIZATION WAS INCORPORATED UNDER THE LAWS OF THE STATE OF WASHINGTON AND GRANTED TAX-EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND BY THE CALIFORNIA FRANCHISE TAX BOARD UNDER SECTION 23701D OF THE REVENUE AND TAXATION CODE. ACCORDINGLY, THE ORGANIZATION IS NOT SUBJECT TO U.S FEDERAL OR STATE INCOME TAX ON ITS INCOME OTHER THAN UNRELATED BUSINESS INCOME, AND NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO CONSOLIDATED FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS, TO IDENTIFY AND REPORT UNRELATED INCOME, TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT WAS NEXUS, AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PAYCHECK PROTECTION PROGRAM (PPP) LOAN: LOAN OF OF $ 1,391,132 RECEIVED UNDER THE PAYCHECK PROTECTION PROGRAM ( PPP) IN APRIL , 2020 WAS FORGIVEN BY US SMALL BUSINESS ADMINISTRATION , FEDERAL GOVERNMENT IN JANUARY 2021. IN 2021 THIS AMOUNT IS RECOGNISED AS REVENUE. 1 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 28 882 PROGRAM SERVICES LITERACY & GEP 16002441 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 8 110 PROGRAM SERVICES LITERACY & GEP 8578377 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 28 316 PROGRAM SERVICES LITERACY & GEP 9534906 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 1 8 FUNDRAISING FUNDRAISING 494442 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 1 0 FUNDRAISING FUNDRAISING 53541 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 5 FUNDRAISING FUNDRAISING 136999 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 25 SUPPORT SERVICES SUPPORT SERVICES 1445885 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 4 6 FUNDRAISING FUNDRAISING 700166 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, GRANTMAKING GRANT MAKING 516055 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, GRANTMAKING GRANT MAKING 369545 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, GRANTMAKING GRANT MAKING 185829 MIDDLE EAST GRANT MAKING GRANT MAKING 264858 72 1352 0 0 72 1352 36946757 1336287 38283044 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, PROGRAM SUPPORT 516055 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, PROGRAM SUPPORT 369545 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, PROGRAM SUPPORT 185829 0 MIDDLE EAST PROGRAM SUPPORT 264858 0 4 0 0 1 0 0 0 PART I, LINE 2: THE COUNTRY OFFICES AND THE GLOBAL OFFICES COLLABORATE TO MANAGE GLOBAL RESOURCE ALLOCATION, COMPLIANCE, AND REGIONAL INSIGHTS/SHARING. ANNUAL BUDGET DEVELOPED JOINTLY BY THE COUNTRY AND GLOBAL OFFICES ARE APPROVED BY THE BOARD. LITERACY 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 FAMILIES, COMMUNITY LEADERS AND SCHOOL TEACHERS ON A REGULAR BASIS TO ENSURE PROPER UTILIZATION OF BOOKS AND MATERIALS PROVIDED. PROGRAM TEAMS FROM THE GLOBAL OFFICES AND THE COUNTRY OFFICES COLLABORATIVELY REVIEW THE PROGRESS OF PROGRAM TO ENSURE ACHIEVEMENT OF THE OUTCOMES ENVISAGED. PART I, LINE 3: ACCOUNTING METHOD 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. PART III ACCOUNTING METHOD: SWITZERLAND GALA 437789 420203 17586 LONDON GALA 181483 181483 101662 619272 601686 17586 101662 101662 -84076 SCHEDULE G, PART II EXCEPT FOR THE FUNDRAISING EVENTS HELD IN SWITZERLAND AND UNITED KINGDOM, ALL THE OTHER EVENTS WERE CONDUCTED IN VIRTUAL MODE. X X X X 0 0 0 0 0 0 0 1 0 GEETHA MURALI CEO / DIRECTOR 273342 0 8346 0 0 0 5190 0 9345 0 296223 0 0 0 SHARI FREEDMAN CFO 202996 0 6887 0 0 0 12070 0 26848 0 248801 0 0 0 NICOLE SAYRES CHIEF OPERATING OFFICER 204419 0 6659 0 0 0 12706 0 10887 0 234671 0 0 0 HEATHER SIMPSON CHIEF PROGRAM OFFICER 197761 0 6420 0 0 0 12251 0 10480 0 226912 0 0 0 LAURIE MCMAHON CHIEF DEVCOM OFFICER 215846 0 6440 0 0 0 8978 0 0 0 231264 0 0 0 NANCY SHYER VICE PRESIDENT, FINANCE 174328 0 5437 0 0 0 10786 0 19565 0 210116 0 0 0 CHRISTINE BEGGS VICE PRESIDENT, RME 178763 0 5448 0 0 0 11218 0 17303 0 212732 0 0 0 MICHAEL BOWERS VICE PRESIDENT, PROGRAM OPS 172298 0 3635 0 0 0 0 0 11259 0 187192 0 0 0 PART I, LINE 7 NON-FIXED PAYMENTS ROOM TO READ PROVIDES PERFORMANCE BONUSES THAT ARE NONFIXED PAYMENTS AS THEY ARE NOT GUARANTEED TO BE PAID EVERY YEAR. THE BONUSES ARE PAID TO EMPLOYEES AFTER THEY HAVE MET PERFORMANCE CRITERIA SET BY MANAGEMENT BASED ON THEIR EVALUATIONS. X 6816465 FMV X 1 566896 FMV X SOFTWARE DONATION 4 430560 FMV 0 1 0 PART I, LINE 30B: SCHEDULE M, PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS OR ITEMS ROOM TO READ IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. 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 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 GLOBAL SERVICES PRIVATE LIMITED, 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 1, DESCRIPTION OF ORGANIZATION MISSION: ROOM TO READ IS CREATING A WORLD FREE FROM ILLITERACY AND GENDER INEQUALITY, THROUGH EDUCATION. ROOM TO READ TRANSFORMS THE LIVES OF MILLIONS OF CHILDREN THROUGH EDUCATION, CREATING A WORLD FREE FROM ILLITERACY AND GENDER INEQUALITY. FORM 990, PART III, LINE 4 A 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. 1,132 SCHOOL LIBRARIES WERE ESTABLISHED DURING 2021. TO DATE WE HAVE COMPLETED A CUMULATIVE TOTAL OF 30,751 SCHOOL LIBRARY PROJECTS. NEW LANGUAGES ACROSS AFRICA OUR TEAM IN AFRICA HAS LONG BEEN FOCUSED ON CREATING MATERIALS IN UNDERREPRESENTED LANGUAGES IN THE CHILDREN'S PUBLISHING INDUSTRY. IN 2021, THEY CONTINUED PRODUCING MATERIALS IN SEPEDI AND ISIZULU IN SOUTH AFRICA AND KISWAHILI IN TANZANIA. THEY ALSO BEGAN THE CREATION OF LEARNING MATERIALS IN FOUR NEW LANGUAGES: XITSONGA AND ISINDEBELE IN SOUTH AFRICA AND LUGANDA AND RUYANKORE-RUKIGA IN UGANDA. SCALING OUR WORK IN CAMBODIA IN EARLY 2021, OUR CAMBODIA LITERACY TEAM AND THE COUNTRY'S MINISTRY OF EDUCATION WORKED TOGETHER TO CREATE A NATIONAL PRIMARY SCHOOL LIBRARY PACKAGE. THE NATIONAL PACKAGE IS MODELED ON ROOM TO READ'S LIBRARY APPROACH. ALSO IN 2021, ROOM TO READ'S CAMBODIA TEAM DISTRIBUTED HOME LIBRARY PACKAGES TO PRIMARY SCHOOL STUDENTS ACROSS THE COUNTRY. THE PACKAGES INCLUDED CURATED SETS OF STORYBOOKS AND ACCOMPANYING GUIDANCE FOR PARENTS. THIS INITIATIVE RESULTED IN THE DISTRIBUTION OF MORE THAN 1.5 MILLION BOOKS TO 95,000 STUDENTS IN GRADES 1-6. DURING A VIRTUAL EVENT, THE CAMBODIAN MINISTER OF EDUCATION PRAISED ROOM TO READ'S EFFORTS TO SUPPORT CHILDREN AND FAMILIES. READING CAMPAIGNS AND DIGITAL LEARNING INITIATIVES IN INDIA TO FACILITATE LEARNING AT HOME DURING THE PANDEMIC, OUR TEAM IN INDIA LAUNCHED A CAMPAIGN, "INDIA GETS READING AT HOME." THROUGH THIS INITIATIVE, ROOM TO READ CREATED A VARIETY OF INNOVATIVE MOBILE LIBRARIES INCLUDING LIBRARIES VIA CAMEL CART, BOATS AND BIKES ACROSS NINE DIFFERENT STATES TO ENSURE THAT LEARNING CONTINUED REGARDLESS OF LOCATION. IN ADDITION, ROOM TO READ PARTICIPATED IN SEVERAL STATE AND NATIONAL WEBINARS ON EDUCATION AND PROVIDED TECHNICAL SUPPORT FOR GOVERNMENTAL DIGITAL LEARNING INITIATIVES AND PROFESSIONAL DEVELOPMENT FOR TEACHERS. LAOS NATIONAL CURRICULUM SUPPORT OUR LAOS TEAM HAS BEGUN TO IMPLEMENT AN UPDATED INSTRUCTIONAL MODEL TO SUPPORT THE NATIONAL READING CURRICULUMS FOR GRADES 1 AND 2. UNDER THIS UPDATED MODEL, THE LITERACY PROGRAM TEAM FOCUSES ON CULTIVATING PRINCIPALS' LITERACY EXPERTISE AND COACHING SKILLS SO THAT THEY ARE WELL EQUIPPED TO DIRECTLY SUPPORT TEACHERS WITH IMPLEMENTING THE NATIONAL CURRICULUM. THE TEAM WILL ALSO SUPPORT PRINCIPALS TO FACILITATE MONTHLY TEACHER LEARNING CIRCLES, WHERE TEACHERS COME TOGETHER IN SMALL GROUPS TO LEARN AND PRACTICE NEW TEACHING TECHNIQUES. SUPPORTING BURMESE CHILDREN IN BANGLADESH OVER THE PAST TWO YEARS, OUR BOOKS HAVE HELPED CHILDREN COPE WITH THE IMPACT OF COVID-19 BY SUPPORTING YOUNG LEARNERS' SOCIAL AND EMOTIONAL NEEDS WHILE DEVELOPING THEIR LITERACY SKILLS. IN BANGLADESH, OUR TEAM SELECTED 10 STORYBOOKS THAT TOUCH ON PANDEMIC-RELATED CHALLENGES AND TRANSLATED THEM INTO BURMESE FOR CHILDREN IN THE ROHINGYA REFUGEE CAMPS. THIRTY MORE QUALITY STORYBOOKS WERE TRANSLATED INTO BURMESE AND ENGLISH SO CHILDREN IN THE CAMPS COULD BENEFIT FROM A VARIETY OF ENGAGING CONTENT. INFLUENCING NATIONAL CURRICULUM IN TANZANIA OUR LITERACY TEAM IN TANZANIA LED TWO WORKSHOPS WITH THE TANZANIA INSTITUTE OF EDUCATION IN PREPARATION FOR THE COUNTRY'S REVISION OF THE NATIONAL LITERACY CURRICULUM. THE FIRST WORKSHOP LED PARTICIPANTS THROUGH A COLLABORATIVE PROCESS TO DETERMINE THE LETTER TEACHING ORDER FOR GOVERNMENT TEXTBOOKS. THE SECOND CRAFTED A TOOL THAT STAKEHOLDERS WILL USE TO IDENTIFY THE GAPS IN CURRENT TEXTBOOKS. ROOM TO READ THEN FACILITATED A FOUR-DAY WORKSHOP TO USE THE TOOL TO REVIEW GOVERNMENT BOOKS. ONCE NEW TEXTBOOKS ARE COMPLETED, THEY WILL BE DISTRIBUTED TO MORE THAN 16,000 SCHOOLS ACROSS THE COUNTRY. PARTNERING WITH THE SUNDAY TIMES IN SRI LANKA ROOM TO READ SRI LANKA PARTNERED WITH THE SUNDAY TIMES, A LEADING SRI LANKAN NEWSPAPER, TO PUBLISH A SERIES OF STORIES TITLED "LET'S READ WITH ROOM TO READ." YOUNG READERS WERE ALSO GIVEN A CHANCE TO WIN A BOOK BY ROOM TO READ BY ANSWERING TRIVIA QUESTIONS EVERY WEEK. BOOK PUBLISHING IN 2021, WE CONTINUED TO EXPAND LITERACY CLOUD, OUR DIGITAL LIBRARY, TO INCLUDE MORE OF OUR HARD COPY TITLES AND MAKE OUR BOOKS AVAILABLE IN MORE LOCAL LANGUAGES. TO DATE, LITERACY CLOUD HAS MORE THAN 2,128 DIGITAL TITLES IN 32 LANGUAGES. WE ALSO EXPANDED OUR QUALITY READING MATERIALS, WHICH INCLUDED: DISTRIBUTING MORE THAN 2 MILLION BOOKS IN 2021 PUBLISHING 102 ORIGINAL AND ADAPTED BOOK TITLES ADDING FIVE NEW LANGUAGES (RUNYANKORE RUKIGA, JARAI, SINDHI, GARIFUNA AND MISKITO) 2021 COVID-19 PANDEMIC RESPONSES BY THE NUMBERS LITERACY ROOM TO READ PROGRAMS BROADCAST VIA RADIO - 415 CHILDREN RECEIVING NON-DIGITAL MATERIALS - 292,799 ROOM TO READ PROGRAMS BROADCAST VIA TV - 178 HOURS OF VIRTUAL TRAINING FOR TEACHERS, AUTHORS AND ILLUSTRATORS - 50,501 DIRECT MESSAGES SENT THAT FURTHER LITERACY PROGRAM PROGRAMMATIC OBJECTIVES - 24,632,088 FORM 990, PART III, 4C GOVERNMENT ENGAGEMENT IN TANZANIA IN PARTNERSHIP WITH THE TANZANIA INSTITUTE FOR EDUCATION (TIE), ROOM TO READ HELPED CREATE NATIONAL LIFE SKILLS EDUCATION (LSE) GUIDELINES. MUCH OF THIS NEW CURRICULUM IS BASED ON ROOM TO READ'S LSE FRAMEWORK, AND, WITH THE SUPPORT OF TIE, WILL REACH MANY MORE STUDENTS BEYOND OUR DIRECT PROGRAM IMPLEMENTATION. ALSO IN TANZANIA, ROOM TO READ SIGNED AN AGREEMENT WITH THE CHALINZE DISTRICT COUNCIL IN JUNE 2021 TO LAUNCH A NEW PROJECT CENTERED ON SUPPORTING GIRLS THROUGH LIFE SKILLS AND FINANCIAL LITERACY. THE TWO-YEAR PROJECT WILL BE CARRIED OUT THROUGH JULY 2023 AND WILL BENEFIT MORE THAN 8,000 GIRLS ACROSS THE DISTRICT. GENDER EQUALITY CURRICULUM FOR BOYS IN CAMBODIA WE KNOW THAT ACHIEVING GENDER EQUALITY IS A PURSUIT THAT EVERYONE, NOT JUST WOMEN AND GIRLS, MUST WORK TOWARD TOGETHER. WE HAVE, THEREFORE, BEEN WORKING WITH PROMUNDO AND GENDER AND DEVELOPMENT FOR CAMBODIA TO DEVELOP AND DELIVER A LIFE SKILLS CURRICULUM FOR BOYS. THE CURRICULUM IS SPECIFICALLY DESIGNED TO HELP BOYS EXAMINE GENDER NORMS AND STEREOTYPES AND IS THE RESULT OF EXTENSIVE RESEARCH AND PILOT ASSESSMENTS THAT OUR TEAM IN CAMBODIA HAS CARRIED OUT ACROSS THE COUNTRY IN RECENT YEARS. IN 2021, OUR TEAM PROVIDED TRAINING TO TEACHERS AND OTHER PROGRAM FACILITATORS SO THAT THE CURRICULUM CAN BE DELIVERED AT SCALE. TALKING ABOUT MENSTRUAL HEALTH IN INDIA OUR INDIA TEAM CONDUCTED A WEEK-LONG CAMPAIGN TO NORMALIZE THE CONVERSATION AROUND MENSTRUAL HEALTH AND HYGIENE. ACTIVITIES INCLUDED DOCUMENTING MENSTRUATION EXPERIENCES ACROSS SEVERAL GENERATIONS AND HOLDING VIRTUAL DISCUSSIONS WITH GEP PARTICIPANTS AND THEIR FAMILIES AS WELL AS PROMINENT REPRODUCTIVE HEALTH EXPERTS. RADIO PROGRAMMING IN NEPAL OUR NEPAL TEAM CREATED AND RELEASED MORE THAN 100 UNIQUE RADIO EPISODES TO PROVIDE LIFE SKILLS LESSONS AND ANSWER QUESTIONS FROM ADOLESCENT GIRLS AND THEIR FAMILIES ON TOPICS SUCH AS MANAGING EMOTIONS, CREATING HEALTHY RELATIONSHIPS, DELAYING MARRIAGE, STUDYING AT HOME AND SETTING GOALS. THIS CONTENT HAS ENABLED US TO BENEFIT GIRLS WHO DON'T HAVE ACCESS TO TV AND THE INTERNET DURING THE PANDEMIC. VIDEO LIFE SKILLS LESSONS IN VIETNAM THE VIETNAM TEAM INTRODUCED A SERIES OF LIFE SKILLS VIDEOS FOR GIRLS IN GRADES 7 AND 8 THAT HAVE KEPT THEM LEARNING AND CONNECTED WITH THEIR TEACHERS DURING THE PANDEMIC. THE VIDEOS WERE MADE AVAILABLE VIA YOUTUBE AND COVER TOPICS RANGING FROM CRITICAL THINKING TO REPRODUCTIVE HEALTH. GIRLS WOULD THEN WATCH THE VIDEOS AND THEN PARTICIPATE IN VIRTUAL DISCUSSION GROUPS MANAGED BY TEACHERS. EVALUATING DISTANCE LEARNING METHODS TO ASSESS THE IMPACT OF OUR ADAPTED ACTIVITIES, OUR RESEARCH, MONITORING AND EVALUATION (RM&E) TEAM IS PARTNERING WITH OXFORD MEASURED AND FAB INC. TO CONDUCT A STUDY, STARTING WITH CAMBODIA, INDIA AND NEPAL. THE RESEARCH, WHICH BEGAN IN 2021 AND WILL CONTINUE THROUGH THE FIRST HALF OF 2022, INCLUDES INTERVIEWS WITH OUR GEP PARTICIPANTS AND SOCIAL MOBILIZERS AIMED AT GAUGING HOW EFFECTIVE OUR ADAPTED PROGRAMMING HAS BEEN IN MEETING THE UNIQUE NEEDS PRESENTED BY THE GLOBAL PANDEMIC. 2021 COVID-19 PANDEMIC RESPONSE BY THE NUMBERS: I. ROOM TO READ PROGRAMS BROADCAST VIA TV - 210 II. ROOM TO READ PROGRAMS BROADCAST VIA RADIO - 159 III. UNIQUE GIRLS RECEIVING INDIVIDUAL REMOTE MENTORING- 31,322 IV. GIRLS RECEIVING NON-DIGITAL MATERIALS - 11,175 V. REMOTE INDIVIDUAL MENTORING SESSIONS - 282,242 FORM 990, PART III, 4C (CONTINUED) STRATEGIC INVESTMENT AREAS CLIMATE JUSTICE ROOM TO READ'S STRATEGIC PLAN INCLUDES A COMMITMENT TO STRENGTHENING ENVIRONMENTALLY SUSTAINABLE PRACTICES THROUGH OUR OPERATIONS AND PROGRAMS. AS AN ORGANIZATION, WE ARE IMPLEMENTING AN IMPACTFUL AND SUSTAINABLE STRATEGY THAT WILL INSTITUTIONALIZE ENVIRONMENTALLY FRIENDLY PRACTICES AT ROOM TO READ. PROGRAMATICALLY, OUR GIRLS' EDUCATION PROGRAM TEAM HAS STUDIED THE STRONG RELATIONSHIP BETWEEN GIRLS' EDUCATION AND CLIMATE JUSTICE BASED ON RESEARCH BY ACADEMICS AND PRACTITIONERS. AS A RESULT, WE ARE DEVELOPING A TWO-YEAR GENDER AND CLIMATE JUSTICE CURRICULUM THAT WILL HELP GIRLS BUILD ADAPTIVE CAPACITY AND BECOME ACTIVE LEADERS IN CLIMATE ACTION. IN 2021, WE COMPLETED THE TWO-YEAR CURRICULUM AND IN 2022 WE WILL FOCUS ON DEVELOPING THE ACCOMPANYING PROFESSIONAL DEVELOPMENT MATERIALS, AS WELL AS BUILDING OUT A MONITORING AND EVALUATION SYSTEM BEFORE PILOTING THE CURRICULUM IN SEVERAL COUNTRIES. WITH THIS PROGRAM EXPANSION AND OUR CLIMATE CHANGE BOOK SERIES WE ARE ESTABLISHING ROOM TO READ AS A THOUGHT LEADER IN CHILDREN'S CLIMATE EDUCATION. GLOBAL LEADER IN QUALITY LEARNING MATERIALS IN OUR STRATEGIC PLAN, WE COMMITTED TO UNDERSTANDING WHAT ROLE ROOM TO READ CAN PLAY IN OUR CORE PROGRAMS WITHIN HISTORICALLY LOW-INCOME COMMUNITIES. AFTER A FEASIBILITY STUDY IN OUR LITERACY WORK, WE HAVE TAKEN ON A BOOK PUBLISHING PROJECT IN THE UNITED STATES. SIMILARLY, FOR OUR GIRLS' EDUCATION AND GENDER EQUALITY FOCUS, WE INITIATED A PROJECT IN ITALY, WHICH HAS ONE OF THE HIGHEST GENDER GAPS IN EMPLOYMENT IN EUROPE. IN ADDITION, WE ARE CONTINUING TO PUBLISH OUR STORIES IN MINORITY LANGUAGES TO PROVIDE ALL CHILDREN WITH QUALITY LEARNING MATERIALS. THE FOLLOWING INCLUDES SOME PROJECT DETAILS: UNITED STATES TO PROVIDE HIGH-QUALITY, DIVERSE CHILDREN'S BOOKS TO CHILDREN IN THE U.S. WHO HAVE LIMITED ACCESS TO ENGAGING READING MATERIALS, WE BEGAN DISTRIBUTING 6,805 PRINTED SETS OF OUR 10-BOOK PEACE & EQUALITY BOOK COLLECTION TO MORE THAN 40,000 CHILDREN ACROSS UNDERSERVED COMMUNITIES IN CALIFORNIA'S CENTRAL VALLEY AND THE SAN FRANCISCO BAY AREA IN 2021. IN 2022, WE WILL CONTINUE TO DISTRIBUTE DIVERSE BOOKS TO CHILDREN IN UNDERSERVED AREAS. ITALY IN ITALY, WE ARE DEVELOPING A CONTENT STRATEGY TO REACH ADOLESCENT GIRLS AND SHARE OUR LIFE SKILLS CURRICULUM. THIS WILL INCLUDE ENGAGING WITH THE EXISTING LEARNING FRAMEWORK, AS WELL AS CREATING GRAPHIC COMICS THAT CAN BE DESIGNED TO MOTIVATE GIRLS TO CONTINUE THEIR EDUCATION AND PLAN A LIFE OF FUTURE EMPLOYMENT. PUBLISHING IN MORE MINORITY LANGUAGES IN 2021, OUR QUALITY READING MATERIALS TEAM WORKED WITH TRANSLATORS TO PUBLISH OUR PEACE & EQUALITY BOOK COLLECTION IN JARAI, AN INDIGENOUS LANGUAGE OF THE MONTAGNARD JARAI PEOPLE, AND A MINORITY LANGUAGE IN VIETNAM AND CAMBODIA. THIS IS PART OF OUR OVERALL GOAL OF EXPANDING STORYBOOK LANGUAGES TO BE INCLUSIVE OF MINORITY CULTURES. FORM 990, PART V, LINE 2A: TOTAL EMPLOYEES ROOM TO READ HAS 90 U.S. EMPLOYEES THAT WERE ISSUED A 2021 W-2 BUT HAVE A TOTAL OF 1,442 EMPLOYEES WORLDWIDE. 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 THE CHIEF OPERATING 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 XI, LINE 9: CURRENCY TRANSLATION ADJUSTMENT -362,247. ROOM TO READ JAPAN CHIBA OFFICE 24-5 SOYA 1-CHROME CHIBA ICHIKAWA-SHI JA 6024 FUNDRAISING JA ROOM TO READ 1 ROOM TO READ SINGAPORE 101C TELOK AYER STREET SN 068574 FUNDRAISING SN ROOM TO READ 1 ROOM TO READ SWITZERLAND AM SCHANZENGRABEN 25 PO BOX 2660 ZURICH SZ 8022 FUNDRAISING SZ ROOM TO READ 1 ROOM TO READ UNITED KINGDOM BRACKEN HOUSE 1 FRIDAY STREET LONDON UK EC4M 9BT FUNDRAISING UK ROOM TO READ 1 ROOM TO READ HONG KONG 13/F GLOUCESTER TOWER THE LANDMAR HK FUNDRAISING HK ROOM TO READ 1 ROOM TO READ ZAMBIA PO BOX R1017 LUSAKA ZA PROGRAMS ZA ROOM TO READ 1 ROOM TO READ SOUTH AFRICA POSTNET SUITE 172 PBAG X15 MENLO BLOCK C FERHSEN STREET BROOKLY PRETORIA SF 0081 PROGRAMS SF ROOM TO READ 1 ROOM TO READ CANADA 390 BAY STREET SUITE 1202 TORONTO ONTARIO CA 2Y2 FUNDRAISING CA ROOM TO READ 1 ROOM TO READ AUSTRALIA LIMITED 166 GLEBE POINT RD GLEBE SUITE 201 NEW SOUTH WALES AS 2037 FUNDRAISING AS ROOM TO READ C 6395631 5295467 1.00000 1 ROOM TO READ AUSTRALIA FOUNDATION 166 GLEBE POINT RD GLEBE SUITE 201 NEW SOUTH WALES AS 2037 FUNDRAISING AS RTR AU LTD T 35020 1.00000 1 ROOM TO READ INDIA PRIVATE COMPANY NO 517 DOUBLE STORYNEW RAJINDRA NEW DELHI IN 110075 PROGRAM IN ROOM TO READ C 824 1.00000 1 ROOM TO READ INDIA TRUST D-21 CORPORATE PARK DWARKA NEW DEL DWARKA IN 110075 PROGRAM IN IN PVT CO T 2355311 1542555 1.00000 1 ROOM TO READ NEW ZEALAND 89 THE TERRACE WELLINGTON CENTRAL WELLINGTON NZ 6011 FUNDRAISING NZ ROOM TO READ C 4592 1.00000 1 ROOM TO READ GLOBAL SERVICES PVT LTD COWRKS GRND FLR 1ST FLR WORLDMA NEW DELHI IN 110075 SUPPORT SERVICES IN ROOM TO READ C 174388 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 ROOM TO READ JAPAN B 89777 FMV ROOM TO READ SINGAPORE B 19403 FMV ROOM TO READ INDIA TRUST B 2298531 FMV ROOM TO READ UK C 1587422 FMV ROOM TO READ GLOBAL SERVICES PRIVATE LIMITED B 1472569 FMV ROOM TO READ JAPAN C 33 FMV ROOM TO READ HONG KONG B 73829 FMV ROOM TO READ SINGAPORE C 16427 FMV SCHEDULE R, PART V, LINE 2: TRANSACTIONS WITH RELATED ORGANIZATIONS AS DESCRIBED IN SCHEDULE O, THE ORGANIZATION IS REPORTING ITS FORM 990 ON A CONSOLIDATED BASIS TO BE CONSISTENT WITH THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS. THEREFORE, THE TRANSACTIONS REQUIRED TO BE DISCLOSED ON SCHEDULE R ARE SHOWN ON A NONCONSOLIDATED BASIS TO BE TRANSPARENT IN OUR OPERATIONS.