GLOBALTEXAS

EIN: 741383241 501(c)(3) International Affairs

AUSTIN, TX

Total Revenue
$216,456
Total Expenses
$236,527
Total Assets
$641,721
Net Assets
$641,543
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
TX
Principal Officer
FULORI KIRIKITI
Phone
5122150140
Tax Period
2024-01-01 to 2024-12-31

GLOBALTEXAS, founded in 1960, is a small nonprofit in the International Affairs sector that reported $216K in total revenue in fiscal year 2024. Net assets of $642K represent 36 months of operating reserves.

Mission

INTERNATIONAL HOSPITALITY COUNCIL OF AUSTIN (THE "COUNCIL") WAS INCORPORATED ON JUNE 9, 1960, IN THE STATE OF TEXAS AND PROVIDES A BROAD ARRAY OF INTERCULTURAL SERVICES FOR INTERNATIONAL VISITORS TO CENTRAL TEXAS. THE COUNCIL IS STAFFED BY HIGHLY-MOTIVATED REPRESNETATIVE COMMUNITY LEADERS WHO SHARE A FIRM COMMITTMENT TO FOSTER INTERNATIOAL FELLOWSHIP AND GOODWILL. THE CONCIL INTERACTS HARMONIOUSLY WITH ALL LOCAL INSTITUTIONS, BOTH PUBLIC AND PRIVATE, THAT HAVE ESTABLISHED INTERNATIONAL LINKS.

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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 $145,156
Program Service Revenue $16,690
Investment Income $54,610
Other Revenue $0
TOTAL REVENUE $216,456

Expense Breakdown

Grants Paid $0
Salaries & Benefits $157,951
Fundraising Expenses $20,801
Program Expenses $181,360
Other Expenses $76,197
TOTAL EXPENSES $236,527

Year-over-Year Comparison

2024 2023 Change
Revenue $216,456 $216,575 0.0%
Expenses $236,527 $210,985 +0.1%
Net Income $-20,071 $5,590 -4.6%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
10
Independent Members
10
Employees
4
Volunteers
N/A

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
4
$66,100
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FULORI KIRIKITI EXECUTIVE DI 40.00
Officer
$66,100 $0 $66,100
ISSAM SAM BAKIR TRUSTEE N/A
Director
$0 $0 $0
DAVID FIRESTEIN TRUSTEE N/A
Director
$0 $0 $0
ADITI JOSHI TRUSTEE N/A
Director
$0 $0 $0
KANNAN KALIYUR TREAURER N/A
Officer
$0 $0 $0
MOHAN KHARBANDA CHAIRMAN N/A
Officer
$0 $0 $0
MARGARET MOTEN SECRETARY N/A
Officer
$0 $0 $0
MICHAEL DODD TRUSTEE N/A
Director
$0 $0 $0
CHARLES FOSTER TRUSTEE N/A
Director
$0 $0 $0
GINGER VAUGHN TRUSTEE N/A
Director
$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
2024 $216,456 $236,527 $641,721 $-20,071
2023 $216,575 $210,985 $665,982 $5,590
2022 $238,387 $188,262 $661,064 $50,125
2021 $236,443 $179,724 $610,171 $56,719
2020 $231,368 $162,030 $551,704 $69,338
2019 $198,303 $163,549 $483,308 $34,754
2018 $154,352 $140,002 $467,415 $14,350
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