Global Ties Akron
- Assets
- $91.0k
- Revenue
- $203.6k
- Investments
- $0.0
- Employees
- 2
- Location
- New Franklin, OH
- Founding
- 03/1990
- Data as of
- 09/2022
- EIN
- 34-1433786
Organization Overview
Global Ties Akron is located in New Franklin, OH. The organization was established in 1990. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2022, Global Ties Akron employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Ties Akron is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Global Ties Akron generated $203.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $262.2k during the year ending 09/2022. While expenses have increased by 15.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GLOBAL TIES AKRON PROGRAMS STRENGTHEN ACADEMIC, CORPORATE, ORGANIZATIONAL, AND PERSONAL TIES BETWEEN NORTHEAST OHIO AND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OPEN WORLD PROGRAM BRINGS EMERGING LEADERS FROM MOSTLY EURASIAN COUNTRIES TO THE UNITED STATES TO GIVE THEM FIRSTHAND EXPOSURE TO THE AMERICAN SYSTEM OF PARTICIPATORY DEMOCRACY AND ACCOUNTABLE GOVERNANCE. THE PROGRAM ALLOWS LEADERS FROM ARMENIA, AZERBAIJAN, BELARUS, ESTONIA, GEORGIA, HUNGARY, KAZAKHSTAN, KOSOVO, KYRGYZSTAN, NORTH MACEDONIA, MOLDOVA, MONGOLIA, PAPUA NEW GUINEA, POLAND, RUSSIA, SERBIA, TAJIKISTAN, TURKMENISTAN, UKRAINE, UZBEKISTAN, VIETNAM, AND THEIR U.S. COUNTERPARTS TO ENGAGE CONSTRUCTIVELY IN A MANNER THAT COMPLEMENTS THE U.S. CONGRESS'S EFFORTS ON TIMELY ISSUES SUCH AS ACCOUNTABLE GOVERNANCE, THE ENVIRONMENT, HEALTH, AND THE RULE OF LAW. THE PRINCIPLES OF ACCOUNTABILITY, TRANSPARENCY, AND CITIZEN INVOLVEMENT IN GOVERNMENT ARE AMONG THE CONCEPTS EMPHASIZED BY THE OPEN WORLD PROGRAM.
THE UNIVERSITY OF GHANA BUSINESS SCHOOL (UGBS) GLOBAL ONLINE COLLABORATORY HUB (THE HUB), WHICH WILL LINK ACCRA, GHANA, ORANGE COUNTY, CALIFORNIA, AND AKRON, OHIO COLLEGE STUDENTS. THE HUB WILL BE AT THE CENTER OF ENTREPRENEURIAL EDUCATION AND SOFT SKILLS DEVELOPMENT VIA A UNIQUE, CONTENT-RICH TECHNOLOGY PLATFORM DEVELOPED BY KOLENA CORPORATION TO ADDRESS THE NEEDS OF UGBS FACULTY AND STUDENTS.
INTERNATIONAL VISITOR LEADERSHIP PROGRAM (IVLP) - IS THE U.S. DEPARTMENT OF STATE'S PREMIER PROFESSIONAL EXCHANGE PROGRAM. THROUGH SHORT-TERM VISITS TO THE UNITED STATES, CURRENT AND EMERGING FOREIGN LEADERS IN VARIOUS FIELDS EXPERIENCE THIS COUNTRY FIRSTHAND AND CULTIVATE LASTING RELATIONSHIPS WITH THEIR AMERICAN COUNTERPARTS. PROFESSIONAL MEETINGS REFLECT THE PARTICIPANTS' PROFESSIONAL INTERESTS AND SUPPORT THE FOREIGN POLICY GOALS OF THE UNITED STATES.
OTHER PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Wilson Executive Director | Officer | 40 | $59,814 |
Adriane Clayton Bookkeeper / Program Manager | Officer | 35 | $44,850 |
Holly Harris Bane Board President | OfficerTrustee | 5 | $0 |
Rima Muakkassa Board Vice President | OfficerTrustee | 5 | $0 |
Litsa Varonis Board Secretary | OfficerTrustee | 5 | $0 |
Cynthia Robinson Board Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,109 |
| Related organizations | $0 |
| Government grants | $128,927 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,531 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,567 |
| Total Program Service Revenue | $28,035 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $203,602 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $104,664 |
| Compensation of current officers, directors, key employees. | $104,664 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,759 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,297 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,938 |
| Information technology | $14,052 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,341 |
| Interest | $0 |
| Payments to affiliates | $1,892 |
| Depreciation, depletion, and amortization | $1,074 |
| Insurance | $2,159 |
| All other expenses | $74,436 |
| Total functional expenses | $262,175 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,314 |
| Savings and temporary cash investments | $1,892 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$160 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,981 |
| Total assets | $91,027 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,235 |
| Total liabilities | $6,235 |
| Net assets without donor restrictions | $84,792 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $91,027 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Global Ties Akron has recieved totaling $25,782.
| Awarding Organization | Amount |
|---|---|
Akron Community Foundation Akron, OH PURPOSE: TO SUPPORT YOUTH DEI PARTICIPATORY VIDEO (PV) PROJECT FOR COMMUNITY ACTION AND PROBLEM SOLVING | $25,750 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $32 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youth For Understanding Usa Inc Saginaw, MI | $2,059,398 | $4,448,224 |
St Paul Cultural Center Turkey Foundation Inc Ann Arbor, MI | $280,425 | $821,145 |
Crosscurrents International Institute Sidney, OH | $1,064,785 | $603,448 |
Japan-America Society Of Indiana Inc Indianapolis, IN | $575,214 | $198,282 |
Global Ties Akron New Franklin, OH | $91,027 | $203,602 |
French Institute Of Michigan Farmington Hills, MI | $209,930 | $222,511 |
Sister Cities Of Louisville Inc Louisville, KY | $48,955 | $0 |
Live N Learn Foundation Inc Cincinnati, OH | $14,718 | $57,500 |
North America Wales Foundation Gibsonia, PA | $800,509 | $26,327 |
American Legion Mountaineer Boys State Inc Charleston, WV | $175,981 | $0 |
Dave Hefner International Exchange Fund Inc Fort Wayne, IN | $12,725 | $0 |
Wamsb Buckhannon Host Committee Inc Buckhannon, WV | $84,586 | $0 |