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

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Transparency grade

A

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Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating129 of 108521 of 143
Fund acquisition rating204 of 108834 of 144
Resource allocation rating190 of 108831 of 144
Asset utilization rating409 of 108551 of 143

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%2%5%7%7%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%2%5%7%6%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%100%100%99%99%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%3%6%8%7%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%0%0%1%1%0%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%92%87%80%83%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%74%95%84%91%104%
Program output ratio Program output ratio =
Program services /
Total revenue
77%68%83%67%76%89%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%26%5%16%9%-4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%54%10%21%15%-10%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%5%7%12%10%9%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.181.501.811.091.502.39
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.181.151.431.501.441.59
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.651.732.591.642.163.81
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
22.5442.6627.9626.4818.2812.85
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.040.020.040.040.050.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.816.764.477.035.262.90
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
6%2%2%6%4%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%3%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
78%65%54%86%64%40%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$7,319,199$2,622,588$2,460,280$1,813,526$1,575,099
Receivables, inventories, prepaids$11,633$3,772$6,210$3,008$1,508
Short-term investments$351,543$224,336$65,981$220,974$0
Other current assets$0$0$0$0$0
Total current assets$7,682,375$2,850,696$2,532,471$2,037,508$1,576,607
Long-term investments$0$0$0$0$0
Fixed assets$1,188,524$1,228,613$1,269,869$895,239$934,129
Other long-term assets$0$0$0$0$0
Total long-term assets$1,188,524$1,228,613$1,269,869$895,239$934,129
Total assets$8,870,899$4,079,309$3,802,340$2,932,747$2,510,736
 
Liabilities20222021202020192018
Payables and accrued expenses$180,069$101,952$95,655$111,481$122,677
Other current liabilities$0$0$0$0$0
Total current liabilities$180,069$101,952$95,655$111,481$122,677
Debt$0$0$121,848$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$5,472$5,702
Total long-term liabilities$0$0$121,848$5,472$5,702
Total liabilities$180,069$101,952$217,503$116,953$128,379
 
Net assets20222021202020192018
Without donor restrictions$7,129,933$3,835,244$3,350,150$2,528,223$2,303,517
With donor restrictions$1,560,897$142,113$234,687$287,571$78,840
Net assets$8,690,830$3,977,357$3,584,837$2,815,794$2,382,357
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$18,034,666$7,774,327$4,904,810$4,789,263$5,762,652
Program service revenue$0$0$0$0$912
Membership dues$0$0$0$0$0
Investment income$11,923$1,253$9,932$22,278$10,277
Other revenue$0$1,642$14,984$11,538$4,786
Total other revenue$11,923$2,895$24,916$33,816$15,975
Total revenue$18,046,589$7,777,222$4,929,726$4,823,079$5,778,627
 
Expenses20222021202020192018
Program services$12,225,717$6,417,247$3,318,755$3,642,650$5,170,952
Management and general$654,007$541,941$491,768$438,187$532,597
Fundraising$436,293$423,446$351,482$312,827$304,306
Total expenses$13,316,017$7,382,634$4,162,005$4,393,664$6,007,855
 
Change in net assets20222021202020192018
Surplus (deficit)$4,730,572$394,588$767,721$429,415($229,228)
Other changes in net assets$0$0$0$0$0
Total change in net assets$4,730,572$394,588$767,721$429,415($229,228)

Compensation

NameTitleCompensation
Sergey RakhubaPresident$182,384
Diane KnoppCOO/CFO/Assistant Secretary$82,322

Compensation data as of: 9/30/2022


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.


Program accomplishments


Needs