New Hope Eurasia INC FY2020 filing

Tax-deductible

Sugar Land, TX501(c)(3)ReligionEIN 46-4112979Revenue $418K in FY2020

On file with the IRSnewhopeeurasia.org3011 Pasture CT, 77479-1887 · Sugar Land, TXTax-exempt since Jun 2014Publicly supported charity — 170(b)(1)(A)(vi)

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New Hope Eurasia provides oversight and support of christian ministries in europe and asia (principally in moldova) that are caring for orphans, youth, and other at-risk people.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $132K a year · 18% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $36K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$418K
Spent
$468K
To programs
100%
Net assets
$104K
By yearFY2020–FY2024
Revenue
$418K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$418K
FY2021$396K
FY2022$1.5M
FY2023$802K
FY2024$636K
Expenses
$468K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$468K
FY2021$356K
FY2022$634K
FY2023$766K
FY2024$825K
Net assets
$104K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$104K
FY2021$144K
FY2022$966K
FY2023$1.0M
FY2024$820K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $468K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
President/Di
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See New Hope Eurasia INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports Christian ministries caring for orphans, youth, and at-risk people in Europe and Asia.

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Provided by the organization

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3 programs · $459K · in their own filed words · FY2020
01

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 orphanges. This includes training for the house parents and compliance with state requirements.

$360Kprogram expense
02

Camps for orphans and youth, including training of village church leaders. Also, feeding and care program for homeless street kids and single mothers.

$86Kprogram expense
03

Programs in schools, orphanges 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.

$12Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$36K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$418K
Ln 12
Gifts and grantsLn 1h$418K
Investment incomeLn 3$105
Money outPt IX
$468K
Ln 25
Programscol B$468K
Owns and owesPt X
$104K
net assets · Ln 32
Cash and savingsLn 1–2$104K
Total assetsLn 16$104K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$418K
Investment incomeLn 3$105
Total revenueLn 12$418K
Assets in detailPt X, end of year
CashLn 1$104K
Cash and savings togetherLn 1–2$104K
Total assetsLn 16$104K
LiabilitiesLn 26$0
Net assetsLn 32$104K
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$154K$104K
Total assetsLn 16$154K$104K
LiabilitiesLn 26$0$0
Net assetsLn 32$154K$104K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$459K$459K
Office expensesLn 13$2K$2K
TravelLn 17$2K$2K
Other expenses (24a–d)Ln 24$6K$6K
Total functional expensesLn 25$468K$468K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $636K$825K−$189K$820K 990 PDF
FY2023 $802K$766K$36K$1.0M 990 PDF
FY2022 $1.5M$634K$822K$966K 990 PDF
FY2021 $396K$356K$40K$144K 990 PDF
FY2020 Viewing $418K$468K−$50K$104K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $418,071 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $372,464$417,966
I-9 Program service revenue$0
I-10 Investment income$105
I-11 Other revenuePrior year $162$0
I-12 Total revenuePrior year $372,626$418,071
I-13 Grants and similar amounts paidPrior year $358,409$458,713
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $7,572$9,723
I-18 Total expensesPrior year $365,981$468,436
I-19 Revenue less expensesPrior year $6,645−$50,365
Part VI · Governance 0 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $418,071 across 4 lines filed
VIII-1f All other contributions, gifts and grants$417,966
VIII-1h Total contributions, gifts and grants$417,966
VIII-3 Investment incomeRelated to mission $105$105
VIII-12 Total revenueRelated to mission $105$418,071
Part IX · Statement of functional expenses $468,436 across 4 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $458,713$458,713
IX-13 Office expensesPrograms $1,565$1,565
IX-17 TravelPrograms $1,802$1,802
IX-24 Other expenses (24a–d)Programs $6,356$6,356
IX-25 Total functional expensesPrograms $468,436 · Management $0 · Fundraising $0$468,436
Part X · Balance sheet $104,121 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $154,486$104,121
X-16 Total assetsStart of year $154,486$104,121
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $151,486$104,121
X-32 Total net assets or fund balancesStart of year $154,486$104,121
X-33 Total liabilities and net assetsStart of year $154,486$104,121
Part XI · Reconciliation of net assets $104,121 net assets at year end
XI-1 Total revenue$418,071
XI-2 Total expenses$468,436
XI-3 Revenue less expenses−$50,365
XI-4 Net assets at start of year$154,486
XI-10 Net assets at end of year$104,121

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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