2025-07-10T11:58:05-05:00 2024-12-31 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990 2024-01-01 912003533 ROOM TO READ ROOM 4158394400 465 CALIFORNIA STREET 1000 SAN FRANCISCO CA 94104 GEETHA MURALI CEO 4158394400 2025-07-10 1 0 DANIEL ROMANO P00504182 2125990100 2024 2025-03-06 01:10:19Z GEETHA MURALI 465 CALIFORNIA STREET 1000 SAN FRANCISCO CA 94104 67869699 0 X WWW.ROOMTOREAD.ORG X 1999 WA ROOM TO READ IS CREATING A WORLD FREE FROM ILLITERACY AND GENDER INEQUALITY, THROUGH EDUCATION. 23 22 86 12385 0 0 61036639 66816180 0 0 490851 600497 -455609 -896493 61071881 66520184 2558873 2038408 0 0 35164950 35360381 0 0 6116394 27284031 25469616 65007854 62868405 -3935973 3651779 74192152 78284208 10672090 10122320 63520062 68161888 X ROOM TO READ ENVISIONS A WORLD FREE FROM ILLITERACY AND GENDER INEQUALITY, WHERE ALL CHILDREN HAVE ROOM TO READ, LEARN AND GROW. 0 0 42874089 2038408 13400 ROOM TO READ'S LITERACY PROGRAM 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. TO DATE, ROOM TO READ HAS BENEFITED 47.96 MM CHILDREN THROUGH ITS LITERACY PORTFOLIO. 11187085 0 0 ROOM TO READ'S GENDER EQUALITY PROGRAM 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.TO DATE, ROOM TO READ HAS BENEFITED 4.03 MM CHILDREN THROUGH ITS GENDER EQUALITY PORTFOLIO. (CONTINUED ON SCHEDULE O) 54061174 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 61 0 1 86 1 0 1 AS BG CB CA HK IN JA LA NP SZ SN SF CE TZ UK VM ZA NZ NL AE 0 0 0 1 1 0 0 0 0 0 0 X 23 22 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 361002 0 31190 YUSUF ALIREZA DIRECTOR 1.00 0.00 X 0 0 0 ANDREW BALLS 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 BOARD CHAIR 1.00 0.00 X X 0 0 0 STANLEY HAINSWORTH 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 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 SONNY KALSI DIRECTOR 1.00 0.00 X 0 0 0 TOMOYA MASANAO DIRECTOR 1.00 0.00 X 0 0 0 BENJAMIN PIPER DIRECTOR 1.00 0.00 X 0 0 0 STASIA OBREMSKEY DIRECTOR 1.00 0.00 X 0 0 0 ALAN MMIYASAKI DIRECTOR 1.00 0.00 X 0 0 0 PETER WARWICK DIRECTOR 1.00 0.00 X 0 0 0 MARRY BYRON DIRECTOR 1.00 0.00 X 0 0 0 DR LUIS CROUCH 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 SCOTT KAPNICK DIRECTOR 1.00 0.00 X 0 0 0 MARIA MCGLYNN CHIEF OF STAFF 32.00 0.00 X 63006 0 30705 SHARI FREEDMAN CFO 40.00 0.00 X 268258 0 44322 CYNTHIA ORME CHIEF PEOPLE AND TECHNOLOGY OFFICER 40.00 0.00 X 240966 0 17105 HEATHER SIMPSON CHIEF PROGRAM OFFICER 40.00 0.00 X 260714 0 29999 LAURIE MCMAHON CHIEF DEVCOM OFFICER 40.00 0.00 X 253057 0 9809 MICHAEL BOWERS CHIEF PROGRAM IMPLEMENTATION OFFICER 40.00 0.00 X 237746 0 17753 NANCY SHYER VICE PRESIDENT FINANCE 40.00 0.00 X 209402 0 33609 CICELY WOOTAN VICE PRESIDENT GLOBAL PARTNERSHIP 40.00 0.00 X 203145 0 22796 2097296 0 237288 42 0 1 0 GRANT THORNTON LLP PO BOX 51552 LOS ANGELES CA 900515852 AUDIT AND TAX CONSULTING SERVICES 151756 CLOUDELLIGENT 1133 DIAMOND DOVE LITTLE ELM TX 75068 IT COUNSULTING SERIVCE 149700 BD STANHOPE LLC PENN PLAZA 19TH FLOOR NEW YORK NY 10121 EVENT VENUE 109400 BOOKS FOR LESS LLC PO BOX 344 NEW YORK NY 10116 BOOK DISTRIBUTION 103889 4 4041121 4335490 58439569 5639292 66816180 599459 599459 367477 392 366831 0 646 392 1038 1038 106153 4041121 982684 -876531 -876531 MISCELLANEOUS REVENUE 900099 24655 24655 CONTRACT REVENUE 900099 13400 13400 CURRENCY EXCHANGE 900099 -58017 -58017 -19962 66520184 13400 0 -309396 X 2038408 2038408 1056554 556044 460617 39893 28229563 22855791 1307263 4066509 713217 440206 68298 204713 4381668 3895197 123325 363146 979379 567605 120404 291370 98153 68684 23459 6010 344522 142509 136550 65463 1910936 1500294 116036 294606 18731 18731 266485 264077 418 1990 1831096 1695172 18460 117464 2107655 1685419 100433 321803 1561157 1327501 63442 170214 298498 278460 14416 5622 14079 8933 1465 3681 103017 69043 32632 1342 DONATED BOOKS 6900783 6900783 LITERACY PROGRAM 5911251 5911251 GENDER EQUALITY PROGRAM 1825287 1825287 STAFF RECRUITMENT & DEV 566424 500776 43863 21785 1711542 1529734 59756 122052 62868405 54061174 2690837 6116394 8001540 7604867 9971849 9539565 29518450 32414110 170197 353451 1209193 0 1251207 3896248 595230 557301 52008 37929 17785090 19728301 6232618 4709737 74192152 78284208 820796 1162154 804215 358652 9047079 8601514 10672090 10122320 X 32257094 35423425 31262968 32738463 63520062 68161888 74192152 78284208 X 3651779 1996655 264980 -1271588 X 0 1 X 1 1 1 X 61649102 87360213 63414883 61036639 66816180 340277017 61649102 87360213 63414883 61036639 66816180 340277017 23810694 316466323 283526 482221 350518 493763 599459 2209487 5862 21276 170634 112258 131200 441230 342927734 199619 0.92280 0.88650 X 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 118083 85674 32409 239135 236175 2960 238012 235452 2560 37929 OTHER ASSETS 426024 ROU ASSETS 4283713 4709737 ACCRUED LIABILITIES 4089590 LEASE LIABILITIES (SHORT TERM) 1482026 LEASE LIABILITIES (LONG TERM) 3029898 8601514 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. 1 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 44 600 PROGRAM SERVICES LITERACY & GENDER EQUALITY 17499736 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 7 115 PROGRAM SERVICES LITERACY & GENDER EQUALITY 8246084 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 12 272 PROGRAM SERVICES LITERACY & GENDER EQUALITY 10088453 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 2 15 FUNDRAISING 443670 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 1 0 FUNDRAISING 23273 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 0 FUNDRAISING 108921 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 38 SUPPORT SERVICES 2587972 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 4 7 FUNDRAISING 1140919 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, GRANTMAKING 854285 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, GRANTMAKING 430477 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, GRANTMAKING 361460 MIDDLE EAST GRANTMAKING 392186 72 1047 0 0 72 1047 40139028 2038408 42177436 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, LITERACY PROGRAM 471049 0 MIDDLE EAST LITERACY PROGRAM 392186 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, LITERACY PROGRAM 430477 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, LITERACY PROGRAM 361460 0 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, LITERACY PROGRAM 68603 0 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, LITERACY PROGRAM 62616 0 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, LITERACY PROGRAM 56733 0 MIDDLE EAST LITERACY PROGRAM 195284 0 8 0 0 1 0 0 1 PART I, LINE 2: COUNTRY OFFICES AND GLOBAL OFFICES COLLABORATE TO MANAGE GLOBAL RESOURCE ALLOCATION, COMPLIANCE, AND REGIONAL INSIGHTS/SHARING. ANNUAL BUDGETS 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. SCHOOL SELECTION IS MOSTLY BASED ON AGREEMENTS WITH SYSTEM OR PROGRAM PARTNERS. 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. SWITZERLAND GALA 707065 684468 22597 41434 DELHI GALA 691537 691537 30634 7 2748672 2665116 83556 65905 844711 4147274 4041121 106153 137973 844711 982684 -876531 X X X X 0 0 0 0 0 0 0 0 0 GEETHA MURALI CEO / DIRECTOR 361002 0 0 0 0 0 20122 0 11068 0 392192 0 0 0 SHARI FREEDMAN CFO 268258 0 0 0 0 0 16415 0 27907 0 312580 0 0 0 HEATHER SIMPSON CHIEF PROGRAM OFFICER 260714 0 0 0 0 0 15607 0 14392 0 290713 0 0 0 LAURIE MCMAHON CHIEF DEVCOM OFFICER 253057 0 0 0 0 0 9809 0 0 0 262866 0 0 0 CYNTHIA ORME CHIEF PEOPLE AND TECHNOLOGY OFFICER 240966 0 0 0 0 0 14422 0 2683 0 258071 0 0 0 MICHAEL BOWERS CHIEF PROGRAM IMPLEMENTATION OFFICER 237746 0 0 0 0 0 0 0 17753 0 255499 0 0 0 NANCY SHYER VICE PRESIDENT FINANCE 209402 0 0 0 0 0 12528 0 21081 0 243011 0 0 0 CICELY WOOTAN VICE PRESIDENT GLOBAL PARTNERSHIP 203145 0 0 0 0 0 7630 0 15165 0 225940 0 0 0 X 5271815 FMV X 25 367477 FMV 0 1 0 PART I, LINE 32B: NUMBER OF CONTRIBUTIONS OR ITEMS ROOM TO READ IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED IN 2024. 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. ROOM TO READ JAPAN CHIBA OFFICE 1-24-5 SOYA ICHIKAW CHIBA ICHIKAWA-SHI JA 272-0834 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 BRUPPACHER ANDERES KIG DUFOURSTRAS ZURICH SZ 8702 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 18 KING STREET EAST SUITE 1400 TORONTO ONTARIO CA M5C 1C4 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 10643176 6787862 1.00000 1 ROOM TO READ INDIA PRIVATE COMPANY NO 517 DOUBLE STORYNEW RAJINDRA N NEW DELHI NEW DELHI IN 110060 PROGRAM IN ROOM TO READ C 581 1.00000 1 ROOM TO READ INDIA TRUST C21 QUTAB INSTITUTIONAL AREA DELHI NEW DELHI IN 110075 PROGRAM IN IN PVT CO T 6890379 6892681 1.00000 1 ROOM TO READ NEW ZEALAND 89 THE TERRACE WELLINGTON CENTRAL WELLINGTON NZ 6011 FUNDRAISING NZ ROOM TO READ C 1.00000 1 ROOM TO READ GLOBAL SERVICES PVT LTD COWRKS GRND FLR 1ST FLR WORLDMA NEW DELHI NEW DELHI IN 110075 SUPPORT SERVICES IN ROOM TO READ C 2784611 809893 1.00000 1 0 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 ROOM TO READ HONGKONG B 1000000 FMV ROOM TO READ UK B 197955 FMV ROOM TO READ GLOBAL SERVICES PRIVATE LIMITED M 2857366 FMV ROOM TO READ SINGAPORE M 423724 FMV ROOM TO READ UK M 443695 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.