GLOBAL TIES AKRON (EIN 341433786) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

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 strengthens corporate, organizational, academic, and personal connections among greater Akron, Northeast Ohio, and the global community through citizen diplomacy, international exchanges, global educational programs, and economic impact.

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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%)

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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

$108,367

Highest Compensated

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

GLOBAL TIES AKRON