New Hope Eurasia Inc
- Assets
- $965.6k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Sugar Land, TX
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-4112979
Organization Overview
New Hope Eurasia Inc, operating under the name New Hope Eurasia, is located in Sugar Land, TX. The organization was established in 2014. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hope Eurasia 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 12/2022, New Hope Eurasia generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 40.6% each year . All expenses for the organization totaled $633.7k during the year ending 12/2022. While expenses have increased by 14.7% per year over the past 4 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
PROVIDE OVERSIGHT AND SUPPORT OF CHRISTIAN MINISTRIES IN EUROPE AND ASIA (PRINCIPALLY IN MOLDOVA) THAT ARE CARING FOR ORPHANS, YOUTH AND OTHER AT-RISK PEOPLE. PROVIDE INFORMATION TO POTENTIAL DONORS, MINISTRY PARTNERS, CHURCHES, ETC. RECEIVE FUNDS FROM DONORS AND DISBURSE AS NEEDED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES DEDICATED TO PROVIDING ESSENTIAL RELIEF AND SUPPORT TO UKRAINIAN REFUGEES WHO HAVE SOUGHT REFUGE IN MOLDOVA DUE TO THE ONGOING RUSSIAN-UKRAINIAN CONFLICT. THIS INCLUDES THE PROVISION OF SHELTER, FOOD, MEDICAL ASSISTANCE, AND OTHER CRUCIAL RESOURCES TO ALLEVIATE THE IMPACT OF DISPLACEMENT AND CONTRIBUTE TO THE WELL-BEING OF THOSE AFFECTED. BETWEEN 400,000 AND 500,000 REFUGEES WERE ASSISTED.
OPERTATING EXPENSE, BIBLE DISTRIBUTION IN TURKEY & UKRAINE, AND POVERTY RELIEF
TRANSITION HOMES TO PROVIDE HOUSING, RESIDENTIAL CARE AND TRAINING FOR ORPHANS WHO ARE REFERRED BY IN-COUNTRY CHILDREN'S PROTECTIVE SERVICES OR WHO COME OUT OF STATE ORPHANAGES. THIS INCLUDES TRAINING FOR THE HOUSE PARENTS AND COMPLIANCE WITH STATE REQUIREMENTS.
CAMPS FOR ORPHANS AND YOUTH, INCLUDING TRAINING OF VILLAGE CHURCH LEADERS ALSO, FEEDING AND CARE PROGRAM FOR HOMELESS STREET KIDS AND SINGLE MOTHERS. PROGRAMS IN SCHOOLS, ORPHANAGES AND CHURCHES TO ALERT YOUTH TO THE DANGERS OF HUMAN TRAFFICKING, DRUGS, ETC., AND TO TRAIN AND SUPPORT CHURCH LEADERS IN SETTING UP AFTER-SCHOOL PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oleg Reutki President/director | OfficerTrustee | 5 | $0 |
David Brothers Secretary/treas/ceo | OfficerTrustee | 3 | $0 |
Andrew Slater Director | Trustee | 1 | $0 |
Joanna Noggle Director | Trustee | 1 | $0 |
Charles Angel Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,453,191 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,453,191 |
| Total Program Service Revenue | $0 |
| Investment income | $2,254 |
| 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 | $1,455,445 |
| 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 | $602,454 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,770 |
| 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 | $1,163 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,482 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $633,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $965,640 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Total assets | $965,640 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $965,640 |
| 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 | $965,640 |