GLOBAL TIES AKRON

EIN: 341433786 501(c)(3)

Akron, OH

Total Revenue
$176,581
Total Expenses
$210,039
Total Assets
$70,541
Net Assets
$62,182
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
OH
Principal Officer
Evelyn S Williams
Phone
3305730923
Tax Period
2024-10-01 to 2025-09-30

GLOBAL TIES AKRON, founded in 1976, is a small nonprofit that reported $177K in total revenue in fiscal year 2024. Expenses of $210K exceeded revenue, resulting in a 19% operating deficit.

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.

Program Service Accomplishments

Program 1
Expenses: $6,144 Revenue: $0

The Artpreneurship Initiative is a Global Ties Akron program designed to strengthen small business growth by helping artists turn creative talent into sustainable enterprises in the Greater Akron...

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The Artpreneurship Initiative is a Global Ties Akron program designed to strengthen small business growth by helping artists turn creative talent into sustainable enterprises in the Greater Akron area. Launched in 2024, the initiative supports participants as they clarify and refine viable business concepts, build practical entrepreneurship skills, and connect with Northeast Ohio resources that can help them launch, grow, and create local economic impact. Through professional development, mentorship, and community-based partnerships, the Artpreneurship Initiative helps participants build momentum toward measurable business goals, contributing to Greater Akron's creative economy, job creation, and long-term community vitality.

Program 2
Expenses: $3,772 Revenue: $0

The Know Your Community, Know Your World program is an educational initiative by Global Ties Akron designed to strengthen civic understanding, global awareness, and workforce-ready skills among K-12...

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The Know Your Community, Know Your World program is an educational initiative by Global Ties Akron designed to strengthen civic understanding, global awareness, and workforce-ready skills among K-12 students in the Greater Akron area. The program brings experienced guest speakers into classrooms to deliver customized, interactive learning experiences focused on world regions, cultures, and international issues that shape today's economy and society. By partnering with local international scholars, entrepreneurs, and community leaders, the program introduces students to diverse perspectives while highlighting the global connections present within Northeast Ohio. Through these real-world conversations, students build critical thinking skills, cross-cultural communication abilities, and a broader understanding of how local communities connect to national and global priorities. The goal is to equip students with the knowledge, skills, and confidence to succeed in a globally connected workforce and to contribute meaningfully to their communities after graduation.

Program 3
Expenses: $3,086 Revenue: $-1,301

Global Threads Boutique is a social enterprise retail store operated by Global Ties Akron and located within Northside Marketplace. The boutique features a curated collection of handmade textiles...

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Global Threads Boutique is a social enterprise retail store operated by Global Ties Akron and located within Northside Marketplace. The boutique features a curated collection of handmade textiles, jewelry, and artisan goods created by local and international entrepreneurs representing four continents. Through Global Threads Boutique, Global Ties Akron supports small business development and economic participation by providing artisans, including emerging local entrepreneurs, with a platform to access new markets, generate income, and grow sustainable ventures. The boutique strengthens the local economy while celebrating craftsmanship, innovation, and the diverse global influences that contribute to Greater Akron's community. Each product reflects the heritage, skill, and entrepreneurial spirit of its creator, connecting customers to stories of resilience, opportunity, and enterprise.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $169,086
Program Service Revenue $7,495
Investment Income $0
Other Revenue $0
TOTAL REVENUE $176,581

Expense Breakdown

Grants Paid $0
Salaries & Benefits $137,904
Fundraising Expenses $18,956
Program Expenses $15,945
Other Expenses $72,135
TOTAL EXPENSES $210,039

Year-over-Year Comparison

2024 2023 Change
Revenue $176,581 $183,722 0.0%
Expenses $210,039 $195,635 +0.1%
Net Income $-33,458 $-11,913 +1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
3
Volunteers
85

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
14
$0
Total Directors
4
$0
Key Employees
3
$108,367
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Evelyn S Williams Executive Director 60
Key Emp
$50,000 $0 $50,000
Adriane Clayton Bookkeeper / Program Manager 45
Key Emp
$45,907 $0 $45,907
Elizabeth Weaver Program Assistant 25
Key Emp
$12,460 $0 $12,460
Evangeline Litsa Varonis Board President 15
Officer Director
$0 $0 $0
George Haritos Board Vice President 15
Officer Director
$0 $0 $0
Amanda Johnson Board Treasurer 10
Officer Director
$0 $0 $0
Doug Hausknecht Board Secretary 5
Officer Director
$0 $0 $0
Holly Harris Bane Immediate Past President 10
Officer
$0 $0 $0
Cynthia Kidd Officer 5
Officer
$0 $0 $0
Juan Eduardo Contreras Officer 5
Officer
$0 $0 $0
Sam DeShazior Officer 5
Officer
$0 $0 $0
Nassim Mir Officer 5
Officer
$0 $0 $0
Darlyn McDermott Officer 5
Officer
$0 $0 $0
Mahesh Srinivasan Officer 5
Officer
$0 $0 $0
Connie Krauss Officer 5.00
Officer
$0 $0 $0
David Dobo Officer 5
Officer
$0 $0 $0
Ammar Husein Officer 5
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $176,581 $210,039 $70,541 $-33,458
2024 $183,722 $195,635 $93,170 $-11,913
2023 $307,863 $290,179 $106,962 $17,684
2022 $203,602 $262,175 $91,027 $-58,573
2021 $210,777 $187,519 $150,250 $23,258
2020 $125,094 $122,513 $124,424 $2,581
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