Global Ties Foundation
- Assets
- $67.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 03/2016
- Data as of
- 09/2019
- EIN
- 47-4646787
Organization Overview
Global Ties Foundation is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Ties Foundation 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 09/2019, Global Ties Foundation generated $40.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (27.2%) each year. All expenses for the organization totaled $96.0k during the year ending 09/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION'S PRIMARY INITIATIVE, THE XCHANGELAB, IS A SOCIAL INNOVATION LAB DESIGNED TO BLEND TECHNOLOGY, METRICS AND DESIGN THINKING TO EXPLORE THE FUTURE OF INTERNATIONAL EXCHANGE. TOGETHER, WE AIM TO DEVELOP NEW PROGRAMS, FOSTER COLLABORATION BETWEEN PARTICIPANTS AND ORGANIZATIONS, AND PROMOTE EXCHANGE AS A KEY DRIVER OF SOCIAL CHANGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Moyer Board Chair | 1 | $0 | |
Phaedra Chrousos Director - Until 08/2019 | 1 | $0 | |
Jennifer Clinton Director | 1 | $0 | |
Robin Lerner Director - Until 02/2019 | 1 | $0 | |
Vicente Lopes-Ibor Mayor Director | 1 | $0 | |
Anthony Shop Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,378 |
| Total Program Service Revenue | $2,477 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,855 |
| Statement of Expenses | |
|---|---|
| Total expenses | $96,046 |
| Balance Sheet | |
|---|---|
| Total assets | $67,031 |
| Total liabilities | $134,347 |
| Net assets or fund balances | -$67,316 |