Civic Intelligence

Global Ties Akron

990 • Fiscal year 2024 • EIN 34-1433786

Oct 01, 2023 to Sep 30, 2024 • Filed on Feb 13, 2025

PO Box 1762Akron, OH 44309-1762

(330) 573-0923

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.01x

Higher debt load relative to revenue than 68% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

31st percentile

-6.5%

Higher net margin than 31% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

90th percentile

$41,400

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 22.5% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

29th percentile

-13%

Faster asset growth than 29% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-40%

Faster revenue growth than 14% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$93,170

Down $13,792 (-13%) from 2023

Net Assets

Down

$90,563

Down $11,913 (-12%) from 2023

Liabilities

Down

$2,607

Down $1,879 (-42%) from 2023

Revenue

Down

$183,722

Down $124,141 (-40%) from 2023

Expenses

Down

$195,635

Down $94,544 (-33%) from 2023

Net Income

Down

-$11,913

Down $29,597 (-167%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2020: $124,424Liabilities 2020: $4,156Net Assets 2020: $120,2682020Assets 2021: $150,250Liabilities 2021: $6,725Net Assets 2021: $143,5252021Assets 2022: $91,027Liabilities 2022: $6,235Net Assets 2022: $84,7922022Assets 2023: $106,962Liabilities 2023: $4,486Net Assets 2023: $102,4762023Assets 2024: $93,170Liabilities 2024: $2,607Net Assets 2024: $90,5632024Assets 2025: $70,541Liabilities 2025: $8,359Net Assets 2025: $62,1822025

Highlighted filing

2024

Assets$93,170
Liabilities$2,607
Net Assets$90,563

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2020: $125,094Expenses 2020: $122,513Net Income 2020: $2,5812020Revenue 2021: $210,777Expenses 2021: $187,519Net Income 2021: $23,2582021Revenue 2022: $203,602Expenses 2022: $262,175Net Income 2022: -$58,5732022Revenue 2023: $307,863Expenses 2023: $290,179Net Income 2023: $17,6842023Revenue 2024: $183,722Expenses 2024: $195,635Net Income 2024: -$11,9132024Revenue 2025: $176,581Expenses 2025: $210,039Net Income 2025: -$33,4582025

Highlighted filing

2024

Revenue$183,722
Expenses$195,635
Net Income-$11,913
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Feb 13, 2025
Return Version
2023v6.0
Gross Receipts
$183,722
Mission and Program Overview

Mission

Global Ties Akron's mission is to strengthen academic, corporate, organizational, and personal links between Northeast Ohio and the world. Through professional, cultural, and educational programs that foster cross-cultural understanding, they aim to build global bridges that benefit the Greater Akron community.

Global Ties Akron programs strengthen academic, corporate, organizational, and personal ties between Northeast Ohio and the World.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$101,732$84,287▼ $17,445
Savings and Temporary Cash Investments$1,892$1,892→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Accounts Receivable$-160$-160→ $0
Total Assets$106,962$93,170▼ $13,792
Other Assets Total$3,498$7,151▲ $3,653
Liabilities
Other Liabilities$4,486$2,607▼ $1,879
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$4,486$2,607▼ $1,879
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$102,476$90,563▼ $11,913
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$102,476$90,563▼ $11,913
Total Liabilities and Net Assets / Fund Balance$106,962$93,170▼ $13,792

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,549--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michelle WilsonFormer Executive Director (Retired)FT$41,400$41,400
Adriane ClaytonBookkeeper / Program ManagerFT$36,680$36,680
Evelyn S WilliamsExecutive DirectorFT$16,934$16,934

Board Members and Trustees

NameTitle
Holly Harris BaneBoard President
Juan Eduardo ContrerasImmediate Past President
Rima MuakkassaBoard Vice President
Litsa VaronisBoard Secretary
Cynthia RobinsonBoard Treasurer
Amanda JohnsonTrustee
Connie KraussTrustee
Darlyn McDermottTrustee
Doug HausknechtTrustee
George HaritosTrustee
Gina IoannitouTrustee
Mahesh SrinivasanTrustee
Nassim MirTrustee
Sam DeShaziorTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$169,470
Program Service Revenue
$14,252
Investment Income
$0
Other Revenue
$0
All Other Contributions
$20,230
Change in Net Assets
$-11,913
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$136,541
Other Expenses$59,094
Total Fundraising Expense$9,852
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$0$95,014$0$95,014
Comp Disqual Persons$0$34,117$0$34,117
All Other Expenses$14,137$9,319$9,852$33,308
Information Technology$0$9,662$0$9,662
Payroll Taxes$0$7,410$0$7,410
Conferences and Meetings$0$6,382$0$6,382
Office Expenses$0$4,370$0$4,370
Insurance$0$2,220$0$2,220
Payments to Affiliates$0$2,157$0$2,157
Depreciation Depletion$0$995$0$995
Total Functional Expenses$14,137$171,646$9,852$195,635
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Passport to Wine and Dine$21,567$21,567$1,411$20,156
Total Events$21,567$21,567$9,852$11,715
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Organization Credit Card$839
State Withholding$206
City Withholding$194
FICA Withholding$182
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

George Haritos and Gina Iannitou, Board Trustees, have a marital relationship,

Form 990, Part VI, Section B, Line 11B

All governing body members receive Form 990 and its schedules via email for review and corrections before the final document is signed and filed with the IRS.

Form 990, Part VI, Section B, Line 12C

Global Ties Akron monitored and enforced its Conflict of Interest policy by reviewing disclosures, compiling a list of potentially conflicted entities and individuals, and maintaining accurate records.

Form 990, Part VI, Section B, Line 15

Global Ties Akron's Executive Board reviews the salaries and performance of the Executive Director and key employees, presenting salary recommendations and performance evaluations to the Board of Directors.

Form 990, Part VI, Section C, Line 19

Global Ties Akron provides access to its governing documents, Conflict of Interest policy, and financial statements upon request during the tax year.

Filing and Contact Details

Filer

Filer Name
Global Ties Akron
EIN
34-1433786
Phone
3305730923
Address
PO Box 1762, Akron, OH 44309-1762

Signing Officer

Name
Holly Harris Bane
Title
Board President
Phone
3306762862
Signed
2025-02-13

Organization Details

Principal Officer
Evelyn S Williams
Formed
1976
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
14
Employees
3
Volunteers
80
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

IVLP Expenses $997.95, Local Programs & Picnics $149.10, Other Programming Expenses $4,023.97, Other Program Services Total $5,171.02

Form 990, Part IX, Line 24E

Banking Service Fee $135.45, Business Meeting Expenses $32.30, Fundraising Expenses $9,851.93, Michelle's Credit Card Expenses $74.79, Miscellaneous Expenses $213.50, Occasion Fund Expenses $95.95, PayPal Service Fee $492.15, Programming Expenses $9,971.20, Publication Expenses $456.96, Reimbursement Expenses $144.17, Social Enterprise Expenses $4,165.74, Supplies & Materials Expenses $6,449.12, Team Lamise Expenses $965.52, Transportation Expenses $259.50 Total Expenses $33,308.28

Form 990, Part X, Line 15

2020 Dell XPS13 Laptop $1199.99 value $240.03 2020 Dell XPS13 Laptop $1199.99 value $240.03 2020 Dell Desktop Tower $648.23 value $129.63 2022 Dell Desktop Computer $962.42 value $348.98 2022 Dell Desktop Computer $962.42 value $348.98 2024 Dell XPS13 Laptop $1549.00 value $1549.00 2024 Dell XPS13 Laptop $1549.00 value $1549.00 2024 Dell XPS13 Laptop $1549.00 value $1549.00

Raw XML AppendixShowing 400 of 719 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm2Evelyn S Williams
IRS990/Form990PartVIISectionAGrp/PersonNm3Holly Harris Bane
IRS990/Form990PartVIISectionAGrp/PersonNm4Rima Muakkassa
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IRS990/Form990PartVIISectionAGrp/PersonNm6Cynthia Robinson
IRS990/Form990PartVIISectionAGrp/PersonNm7Juan Eduardo Contreras
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Former Executive Director (Retired)
IRS990/Form990PartVIISectionAGrp/TitleTxt1Bookkeeper / Program Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt2Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Immediate Past President
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IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16Trustee
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IRS990/MissionDesc0Global Ties Akron's mission is to strengthen academic, corporate, organizational, and personal links between Northeast Ohio and the world. Through professional, cultural, and educational programs that foster cross-cultural understanding, they aim to build global bridges that benefit the Greater Akron community.
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IRS990/PrincipalOfficerNm0Evelyn S Williams

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