Mission Eurasia (formerly Russian Ministries)

The information on this page was last updated 5/4/2022. 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
P.O. 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: 12

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 through the projects below.

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

Mission Eurasia uses the following to express its 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

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Transparency grade

A

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Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating818 of 102490 of 126
Fund acquisition rating772 of 102781 of 126
Resource allocation rating738 of 102790 of 126
Asset utilization rating539 of 102469 of 126

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%7%7%5%6%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%7%6%5%6%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%99%98%99%99%96%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%8%7%5%7%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%1%2%1%1%4%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%79%82%85%81%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%85%91%104%95%90%
Program output ratio Program output ratio =
Program services /
Total revenue
76%67%75%89%77%79%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%15%9%-4%5%10%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%21%15%-10%8%26%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%13%11%10%12%9%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.151.111.512.411.552.13
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.501.441.591.531.52
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.611.662.183.842.383.25
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
20.9826.4817.4212.2811.5210.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.040.060.080.090.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.916.955.192.874.603.33
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%6%4%5%6%7%
Debt ratio Debt ratio =
Debt /
Total assets
0%3%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
78%85%63%39%61%44%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$2,460,280$1,813,526$1,575,099$1,758,462$1,536,093
Receivables, inventories, prepaids$6,210$3,008$1,508$47,599$147,102
Short-term investments$65,981$220,974$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,532,471$2,037,508$1,576,607$1,806,061$1,683,195
Long-term investments$0$0$0$0$0
Fixed assets$1,269,869$895,239$934,129$961,472$883,330
Other long-term assets$0$0$0$0$0
Total long-term assets$1,269,869$895,239$934,129$961,472$883,330
Total assets$3,802,340$2,932,747$2,510,736$2,767,533$2,566,525
 
Liabilities20202019201820172016
Payables and accrued expenses$95,655$111,481$122,677$150,821$162,126
Other current liabilities$0$5,472$5,702$5,962$6,250
Total current liabilities$95,655$116,953$128,379$156,783$168,376
Debt$121,848$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$121,848$0$0$0$0
Total liabilities$217,503$116,953$128,379$156,783$168,376
 
Net assets20202019201820172016
Without donor restrictions$3,350,150$2,528,223$2,303,517$2,496,599$2,236,835
With donor restrictions$234,687$287,571$78,840$114,151$161,314
Net assets$3,584,837$2,815,794$2,382,357$2,610,750$2,398,149
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$4,904,810$4,789,263$5,762,652$4,452,244$5,825,846
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$11,254$26,300$11,112$4,951($5,451)
Other revenue$58,096$56,761$56,907$55,103$255,798
Total other revenue$69,350$83,061$68,019$60,054$250,347
Total revenue$4,974,160$4,872,324$5,830,671$4,512,298$6,076,193
 
Expenses20202019201820172016
Program services$3,323,520$3,648,617$5,163,740$3,474,205$4,780,007
Management and general$526,827$475,107$580,473$536,997$467,510
Fundraising$354,770$315,163$314,851$288,495$216,502
Total expenses$4,205,117$4,438,887$6,059,064$4,299,697$5,464,019
 
Change in net assets20202019201820172016
Surplus (deficit)$769,043$433,437($228,393)$212,601$612,174
Other changes in net assets$0$0$0$0$0
Total change in net assets$769,043$433,437($228,393)$212,601$612,174

Compensation

NameTitleCompensation
Sergey RakhubaPresident$173,119
Diane KnoppCFO/Assistant Secretary$78,391

Compensation data as of: 9/30/2020


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 5/4/2022. 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.


Program accomplishments


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