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New Living Israel Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 832488009 ✦ Stephenville, TX ✦ Designated as a 501(c)(3)

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Overview

What is New Living Israel Inc?

New Living Israel Inc, situated in Stephenville, Texas, is a nonprofit organization with a dedicated team of two individuals. Their primary mission is to spread the Gospel, engage in evangelistic activities, and establish places of worship both locally and internationally. They also support foreign missions and provide religious, charitable, and humanitarian services in foreign communities. This involves carrying out activities that are necessary, suitable, or convenient for achieving their purpose. Their work aims to touch lives and bring about positive change in various communities around the world.


Official website here: www.newlivingisrael.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

New Living Israel Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its overall management and transparency. With an overall score of 73%, the organization shows strength in having a fully independent board and a favorable program expense ratio of 90.68%, suggesting that the majority of its funds are directed towards its programs rather than administrative costs.

However, there are significant areas of concern, particularly in accountability and financial transparency. The organization received a score of 0 in key areas such as the absence of financial statements, a whistleblower policy, and document retention policies. Additionally, the nonprofit has not posted its tax forms on its website, which impacts its transparency regarding financial operations.

While New Living Israel Inc demonstrates effective governance through its independent board, the lack of required financial documentation and policies raises questions about its accountability practices. Addressing these shortcomings could enhance the organization's credibility and performance in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is New Living Israel Inc legitimate?

New Living Israel Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Living Israel 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: $68,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,531

For more financial information, click here


Official website here: www.newlivingisrael.com

What is the mission statement of New Living Israel Inc?

New Living Israel Inc is an organization dedicated to spreading the gospel and conducting evangelistic activities. Its primary purpose is to teach and preach the gospel to all people, both locally and internationally. The organization establishes and oversees places of worship, supports foreign missions, and provides religious, charitable, and humanitarian services. Additionally, New Living Israel Inc engages in activities that are necessary, suitable, or convenient for achieving its mission.


Official website here: www.newlivingisrael.com

Who is the CEO of New Living Israel Inc?

Andrey Zaremba is the President of New Living Israel Inc.


Official website here: www.newlivingisrael.com

What is the revenue of New Living Israel Inc?

New Living Israel Inc's revenue in 2022 was $1,734,662.


Official website here: www.newlivingisrael.com

Who are the executives of New Living Israel Inc and what are their salaries?

The average compensation at New Living Israel Inc during 2022 was $37,366. There are 2 employees and 10 volunteers at New Living Israel Inc.


Here are 4 key members and their salaries:


Andrey Zaremba (President)
  • Compensation: $68,200
  • Related: $0
  • Other: $0
Ed Chapman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Svitlana Krioutchkov (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Landon Northcutt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newlivingisrael.com

Where can I find the form 990 for New Living Israel Inc?

New Living Israel Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newlivingisrael.com

Learn more at the official website: www.newlivingisrael.com

Mission Statement of New Living Israel Inc

New Living Israel Inc is an organization with a mission to spread the gospel to all people. Their primary goal is to conduct evangelistic activities and establish places of worship, not just within their local community but also in foreign communities. Additionally, they support foreign missions and provide religious, charitable, and humanitarian services. New Living Israel Inc engages in activities that are necessary, suitable, or convenient for achieving their purpose, which is to teach and preach the gospel to all individuals. They also oversee and support these places of worship, ensuring they operate effectively and in line with their mission. Furthermore, the organization extends its reach beyond their local community, supporting foreign missions and providing aid where needed. Their activities are wide-ranging, encompassing religious, charitable, and humanitarian services, all aimed at spreading the gospel and uplifting communities both near and far.

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Impact




July, 2024

New Living Israel Inc's impact is focused on teaching and preaching the gospel to all people, conducting evangelistic activities, establishing places of worship in local and foreign communities, supporting foreign missions, and providing religious, charitable, and humanitarian services. Through these activities, they aim to spread their message and support communities in need, both locally and internationally. Their work is guided by a mission to engage in activities that are necessary, suitable, or convenient for the accomplishment of their purpose.




This information is meant to be a general summary of New Living Israel 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.

Revenue
$1,734,662 (2022)
Expenses
$1,573,974 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,734,662

Assets and Liabilities:

  • Total Assets: $240,608
  • Total Liabilities: $0
  • Net Assets: $240,608

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Organization Details

Founding Year

2019

Principal Officer

Andrey Zaremba

Main Address

166 S BELKNAP ST, STEPHENVILLE, TX, 76401

NTEE Category

Code: B90 - Education

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