Overview
What is New Hope Eurasia Inc?
New Hope Eurasia Inc is a nonprofit organization, primarily based in Sugar Land, Texas, with a mission to provide essential aid and support to Ukrainian refugees who have sought refuge in Moldova due to the Russian-Ukrainian conflict. This assistance includes offering shelter, food, medical assistance, and other crucial resources to mitigate the impact of displacement and enhance the well-being of those affected. The organization also serves as a catalyst for Christian ministries in Europe and Asia, primarily in Moldova, that are caring for orphans, youth, and other vulnerable individuals. By providing oversight and support, New Hope Eurasia Inc facilitates information dissemination to potential donors, ministry partners, churches, and other relevant entities. The organization raises funds from these sources and distributes them as required to support these ministries effectively.
Official website here: www.newhopeurasia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (54%)
New Hope Eurasia Inc has received a low rating of 54%, which translates to a One-Star out of Four Star rating based solely on its Accountability & Finance metrics. The lack of independent board members and missing critical governance policies, such as conflict of interest and whistleblower policies, significantly contribute to this score. Despite having a positive ratio regarding liabilities to assets and program expenses, the absence of basic financial transparency measures is a notable concern.
The organization's financial practices show a commitment to directing 100% of its expenses towards programs, which is a positive indicator of its focus on mission-driven activities. However, without independent oversight and essential governance documentation, stakeholders may question the charity's accountability and long-term viability. The lack of publicly available financial statements further obscures oversight and could deter potential donors.
While New Hope Eurasia Inc appears to prioritize its programmatic efforts, the structural deficiencies highlighted by its Charity Navigator score suggest the need for significant improvements in governance and financial transparency. This situation may affect investor confidence and the charity's ability to attract future funding.
This AI summary has been generated from information found on Charity Navigator.
Is New Hope Eurasia Inc legitimate?
New Hope Eurasia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Eurasia Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.newhopeurasia.org
What is the mission statement of New Hope Eurasia Inc?
New Hope Eurasia Inc's mission involves overseeing and supporting Christian ministries primarily in Moldova, which are dedicated to aiding orphans, youth, and other vulnerable individuals in Europe and Asia. The organization serves as a bridge, providing information to potential donors, ministry partners, churches, and other related entities. Funds received from these donors are then disbursed as needed. In addition to this, New Hope Eurasia Inc has initiated programs to provide essential relief and support to Ukrainian refugees who have sought refuge in Moldova due to the Russian-Ukrainian conflict. This aid includes shelter, food, medical assistance, and other crucial resources, aiming to alleviate the impact of displacement and contribute to the well-being of those affected. The organization has assisted between 400,000 and 500,000 refugees in this regard.
Official website here: www.newhopeurasia.org
Who is the CEO of New Hope Eurasia Inc?
David Brothers is the President/Director of New Hope Eurasia Inc. The CEO's salary of New Hope Eurasia Inc is $0 and their total compensation is $0.
Official website here: www.newhopeurasia.org
What is the revenue of New Hope Eurasia Inc?
New Hope Eurasia Inc's revenue in 2022 was $1,455,445.
Official website here: www.newhopeurasia.org
Who are the executives of New Hope Eurasia Inc and what are their salaries?
There 5 volunteers at New Hope Eurasia Inc.
Here are 5 key members and their salaries (New Hope Eurasia Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newhopeurasia.org
Where can I find the form 990 for New Hope Eurasia Inc?
New Hope Eurasia Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newhopeurasia.org
Learn more at the official website: www.newhopeurasia.org
Mission Statement of New Hope Eurasia Inc
New Hope Eurasia Inc, a nonprofit organization, plays a crucial role in overseeing and supporting Christian ministries primarily based in Moldova, Europe, and Asia. These ministries are committed to caring for orphans, youth, and other vulnerable individuals who are at risk. The organization acts as a bridge, providing essential information to potential donors, ministry partners, churches, and other relevant entities. It receives funds from generous donors and distributes them to the ministries as needed.
Beyond its supporting role, New Hope Eurasia Inc has taken on an active role in addressing the needs of Ukrainian refugees who have sought refuge in Moldova due to the ongoing Russian-Ukrainian conflict. The organization provides essential relief services, such as shelter, food, medical assistance, and other resources, to alleviate the impact of displacement and contribute to the well-being of these individuals. Between 400,000 and 500,000 refugees have been assisted through these programs. In essence, New Hope Eurasia Inc is a beacon of hope and support for those in need, working tirelessly to make a positive impact in the lives of orphans, youth, and other at-risk individuals.
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Impact
July, 2024
New Hope Eurasia Inc's impact lies in providing essential relief and support to Ukrainian refugees who have sought refuge in Moldova due to the ongoing Russian-Ukrainian conflict. The organization's program services include 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 have been assisted by their dedicated efforts.
This information is meant to be a general summary of New Hope Eurasia Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,254
- Gross Receipts: $1,455,445
Assets and Liabilities:
- Total Assets: $965,640
- Total Liabilities: $0
- Net Assets: $965,640
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Organization Details
Founding Year
2013
Phone
(281) 216-4466Principal Officer
David Brothers
Main Address
3011 PASTURE COURT, SUGAR LAND, TX, 77479
Website
www.newhopeurasia.orgNTEE Category
Code: X21 - Religion related
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