Overview
What is European Initiative?
European Initiative is a nonprofit organization committed to spreading the message of Jesus Christ throughout Europe. Based in Colleyville, Texas, the organization operates with a team of staff and volunteers, engaging in evangelism, compassion, church equipping, prayer, and blessing Jewish communities. In 2022, they reached out to over 8,000 Europeans and witnessed more than 250 individuals accepting Christ. During this period, the initiative also actively responded to the crisis in Ukraine, providing nearly $900,000 in humanitarian aid and assisting vulnerable populations in Romania and Greece. The European Initiative serves as a spiritual bridge between continents, fostering unity among Christians and supporting local churches and ministries in their mission to impact Europe.
Official website here: www.europeaninitiative.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
European Initiative has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The overall score is derived solely from its accountability and finance metrics, which suggests that the organization is well-regarded in these areas. The high score reflects a commitment to transparency and responsible financial practices, contributing to its positive standing in the nonprofit sector.
The organization demonstrates strong governance, with 75% of its board members being independent, which supports impartial decision-making. Additionally, key policies regarding conflicts of interest, whistleblower protections, and document retention are in place and listed, highlighting their commitment to ethical management. With a program expense ratio of 92.36%, European Initiative is effectively channeling the majority of its resources towards its mission-driven programs.
While the accountability score is commendable, it is important to note that the rating is based solely on financial metrics, without consideration of other performance aspects such as program impact or community feedback. This limited scope means that while the organization shows strong financial health, potential donors should consider seeking additional information regarding its program effectiveness and overall mission outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is European Initiative legitimate?
European Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. European Initiative 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: $132,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $311,469
For more financial information, click here
Official website here: www.europeaninitiative.com
What is the mission statement of European Initiative?
The European Initiative is dedicated to initiating a spiritual awakening across Europe. They achieve this by mobilizing teams of Christians to collaborate with local European churches and ministries on mission trips. These trips serve as a spiritual bridge, encouraging believers from various parts of the world to engage in evangelism, compassion, equipping the church, prayer and worship, and supporting the Jewish community. By uniting as the Body of Christ and sharing the Gospel, the European Initiative believes that a spiritual awakening will spread throughout Europe.
Official website here: www.europeaninitiative.com
Who is the CEO of European Initiative?
Jeffrey Serio is the Chairman of European Initiative.
Official website here: www.europeaninitiative.com
What is the revenue of European Initiative?
European Initiative's revenue in 2022 was $1,407,443.
Official website here: www.europeaninitiative.com
Who are the executives of European Initiative and what are their salaries?
The average compensation at European Initiative during 2022 was $34,121. There are 13 employees and 555 volunteers at European Initiative.
Here are 4 key members and their salaries:
- Compensation: $69,300
- Related: $0
- Other: $62,800
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.europeaninitiative.com
Where can I find the form 990 for European Initiative?
European Initiative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.europeaninitiative.com
Learn more at the official website: www.europeaninitiative.com
Mission Statement of European Initiative
European Initiative is an organization dedicated to sparking a spiritual awakening across Europe. Their mission involves mobilizing teams of Christians to collaborate with European churches and ministries on short-term missions. By serving as a spiritual connection between continents, European Initiative facilitates trips that propel believers from various parts of the world to the heart of Europe's spiritual battlegrounds. The organization focuses on five key initiatives: evangelism, compassion, equipping the church, prayer and worship, and blessing the Jewish people. European Initiative believes that as the Body of Christ unites and the Gospel is shared from city to city, a significant spiritual transformation will unfold.
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Impact
July, 2024
European Initiative's impact in 2022 was significant and far-reaching. Through their focused efforts on evangelism, compassion, equipping the church, prayer & worship, and blessing the Jewish people, they were able to reach approximately 8,000 Europeans, with over 250 individuals making decisions for Christ. This demonstrates a tangible impact on individuals' lives and their spiritual journeys.
Additionally, the organization's engagement with the war in Ukraine showcased their commitment to humanitarian relief efforts. With more than 60 trips into the nation, they delivered around $900,000 in aid to support the Ukrainian people. In Romania, they provided food supplies to assist the indigent Roma people, and in Greece, they ministered to refugees seeking asylum.
Overall, European Initiative's total relief efforts in these three nations served approximately 400,000 people, highlighting the organization's impactful reach and commitment to making a difference in the lives of those in need.
This information is meant to be a general summary of European Initiative. 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.
- Program Service Revenue: $52,671
- Gross Receipts: $1,407,443
Assets and Liabilities:
- Total Assets: $505,329
- Total Liabilities: $72,346
- Net Assets: $432,983
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Missions and Outreach
Revenue
$52,671
Organization Details
Founding Year
2006
Phone
(972) 616-3777Principal Officer
Jeffrey Serio
Main Address
PO Box 772, Colleyville, TX, 76034
Website
www.europeaninitiative.comNTEE Category
Code: X99 - Religion related
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