Mission Eurasia (formerly Russian Ministries) 
The information on this page was last updated 3/17/2023. If you see errors or omissions, please email: [email protected]
Summary
Mission Eurasia trains, equips, and mobilizes national Christian leaders throughout Eurasia and Israel who are engaging in evangelism, church-planting, holistic ministries, and church growth to transform their countries for Christ.
Contact information
Mailing address:
Mission Eurasia
PO Box 496
Wheaton, IL 60187
Website: www.missioneurasia.org
Phone: (630) 462-1739
Email: [email protected]
Organization details
EIN: 351835273
CEO/President: Sergey Rakhuba
Chairman: Wayne Shepherd
Board size: 9
Founder: Rev. Peter Deyneka, Jr.
Ruling year: 1991
Tax deductible: Yes
Fiscal year end: 09/30
Member of ECFA: Yes
Member of ECFA since: 1993
Purpose
Mission Eurasia focuses the gifts and energies of the global church on training and mobilizing young national Christian leaders in the countries of Eurasia and Israel. By providing strategic training, ministry experience, and a biblical foundation to our leaders, we are investing in the Next Generation of the church and equipping thousands of young men and women for a lifetime of impactful Christian witness and service.
Mission Eurasia works in 13 countries of the former Soviet Union, the region now called Eurasia. We also work in Israel due to the large Russian-speaking population that emigrated to Israel from the former Soviet Union. In each country where we work, we are training and mobilizing in-country Christian leaders to transform their nations for Christ!
Our vision is to evangelize, train, equip, and mobilize the Next Generation in the countries of Eurasia and Israel to lead the church in transforming their nations for Christ.
Mission statement
Mission Eurasia's mission is to train, equip, and mobilize Christian leadership throughout Eurasia, who will engage in indigenous evangelism, church-planting, holistic ministries, and church growth by developing creative and strategic ministries and by facilitating partnerships between nationals and Western Christians.
Statement of faith
1. We believe in the Scriptures of the Old and New Testament as verbally inspired by God and inerrant in the original writings, and that they are of supreme and final authority in faith and life.
2. We believe in one God, eternally existing in three persons: Father, Son and Holy Spirit.
3. We believe that Jesus Christ was begotten by the Holy Spirit and born of the Virgin Mary and is true God and true man.
4. We believe that man was created in the image of God; that he sinned, and thereby incurred not only physical death, but also spiritual death which is separation from God; and that all human beings are born with a sinful nature, and in the case of those who reach moral responsibility, become sinners in thought, word and deed.
5. We believe that the Lord Jesus Christ died for our sins according to the Scriptures, as a representative and substitutionary sacrifice; and that all who believe in Him are justified by His shed blood.
6. We believe in the resurrection of the crucified body of our Lord, in His ascension into heaven, and in His present life there for us as a High Priest and Advocate.
7. We believe in that "blessed hope," the personal return of our Lord and Savior, Jesus Christ.
8. We believe that the church, the body of Christ, consists only of those who are born again, who are baptized by the Holy Spirit into Christ at the time of regeneration, for whom He now makes intercession in heaven and for whom He will come again.
9. We believe in the bodily resurrection of the just and the unjust, the everlasting blessedness of the saved, and the everlasting, conscious punishment of the lost.
10. We believe the primary responsibility of all who are saved is to work toward the fulfillment of the Great Commission. All worldly and personal ambitions should be subordinated to that supreme command of making disciples. We believe that human betterment and social justice are essential products of the gospel.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 127 of 1118 | 14 of 140 |
| Fund acquisition rating | | 257 of 1119 | 37 of 140 |
| Resource allocation rating | | 156 of 1119 | 13 of 140 |
| Asset utilization rating | | 416 of 1118 | 47 of 140 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 3% | 2% | 5% | 7% | 7% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 3% | 2% | 5% | 7% | 6% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 99% | 100% | 100% | 99% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 3% | 3% | 6% | 8% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 1% | 0% | 0% | 1% | 1% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 93% | 92% | 87% | 80% | 83% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 100% | 74% | 95% | 84% | 91% |
Program output ratio Program output ratio = Program services / Total revenue | 84% | 93% | 68% | 83% | 67% | 76% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | 0% | 26% | 5% | 16% | 9% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | 0% | 54% | 10% | 21% | 15% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 4% | 5% | 7% | 12% | 10% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.34 | 1.86 | 1.50 | 1.81 | 1.09 | 1.50 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.27 | 1.05 | 1.15 | 1.43 | 1.50 | 1.44 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.14 | 1.95 | 1.73 | 2.59 | 1.64 | 2.16 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 17.61 | 56.66 | 42.66 | 27.96 | 26.48 | 18.28 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.02 | 0.02 | 0.04 | 0.04 | 0.05 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.24 | 6.05 | 6.76 | 4.47 | 7.03 | 5.26 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 2% | 2% | 2% | 6% | 4% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 3% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 68% | 53% | 65% | 54% | 86% | 64% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $831,911 | $7,319,199 | $2,622,588 | $2,460,280 | $1,813,526 |
| Receivables, inventories, prepaids | $101,911 | $11,633 | $3,772 | $6,210 | $3,008 |
| Short-term investments | $7,479,018 | $351,543 | $224,336 | $65,981 | $220,974 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $8,412,840 | $7,682,375 | $2,850,696 | $2,532,471 | $2,037,508 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $389,936 | $1,188,524 | $1,228,613 | $1,269,869 | $895,239 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $389,936 | $1,188,524 | $1,228,613 | $1,269,869 | $895,239 |
| Total assets | $8,802,776 | $8,870,899 | $4,079,309 | $3,802,340 | $2,932,747 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $148,470 | $180,069 | $101,952 | $95,655 | $111,481 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $148,470 | $180,069 | $101,952 | $95,655 | $111,481 |
| Debt | $0 | $0 | $0 | $121,848 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $5,472 |
| Total long-term liabilities | $0 | $0 | $0 | $121,848 | $5,472 |
| Total liabilities | $148,470 | $180,069 | $101,952 | $217,503 | $116,953 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $8,505,156 | $7,129,933 | $3,835,244 | $3,350,150 | $2,528,223 |
| With donor restrictions | $149,150 | $1,560,897 | $142,113 | $234,687 | $287,571 |
| Net assets | $8,654,306 | $8,690,830 | $3,977,357 | $3,584,837 | $2,815,794 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $16,199,826 | $18,034,666 | $7,774,327 | $4,904,810 | $4,789,263 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $160,760 | $11,923 | $1,253 | $9,932 | $22,278 |
| Other revenue | $0 | $0 | $1,642 | $14,984 | $11,538 |
| Total other revenue | $160,760 | $11,923 | $2,895 | $24,916 | $33,816 |
| Total revenue | $16,360,586 | $18,046,589 | $7,777,222 | $4,929,726 | $4,823,079 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $15,278,305 | $12,225,717 | $6,417,247 | $3,318,755 | $3,642,650 |
| Management and general | $650,204 | $654,007 | $541,941 | $491,768 | $438,187 |
| Fundraising | $473,130 | $436,293 | $423,446 | $351,482 | $312,827 |
| Total expenses | $16,401,639 | $13,316,017 | $7,382,634 | $4,162,005 | $4,393,664 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | ($41,053) | $4,730,572 | $394,588 | $767,721 | $429,415 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($41,053) | $4,730,572 | $394,588 | $767,721 | $429,415 |
Compensation
| Name | Title | Compensation |
| Sergey Rakhuba | President | $189,856 |
| Diane Knopp | COO/CFO/Assistant Secretary | $115,811 |
Compensation data as of: 9/30/2023
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/17/2023. To update the information below, please email: [email protected]
History
Mission Eurasia (formerly called Peter Deyneka Russian Ministries) was founded in 1991 just after the collapse of the Soviet Union by Reverend Peter and Anita Deyneka to react quickly and decisively to new opportunities for evangelism and church-planting in this former communist empire.
Today, under the leadership of Sergey Rakhuba, Mission Eurasia and its in-country affiliate Mission Eurasia Field Ministries work in 13 countries of Eurasia and Israel to train, equip, and mobilize the Next Generation of Christian leaders to transform their nations for Christ through strategic, holistic ministry.