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New Hope International

Rating
Sector:

Foreign Missions

Total
Revenue:

$1,362,549

Total
Expenses:

$1,351,988

Net
Assets:

$199,469
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 83.7% 81.5%
General & Admin 12.6% 10%
Fundraising 6.8% 7.7%
Savings -4.3% .7%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

>50
Yr(s)25-50
<25
<$1m$1m-
$5m
>$5m

Summary

New Hope International ("New Hope") is an overseas mission organization supporting missionaries and churches in Eastern Europe. Functioning under National Boards of Directors, the ministries in each country are known as "New Hope" and are staffed by its more than 100 national workers. With a focus on children, youth and family, the ministries publish and train for effective ministry of workers within the Churches. It also helps the Churches to have an outreach, especially in the public schools of their country. In partnership, NHI provides training teams, short term missionaries, financial help and accountability. Presently, over 100 national workers are active with New Hope in the Czech Republic, Slovakia, Romania, the Ukraine, Moldova, and Hungary. In each country, the staff, the director, and the board of directors are all national Christians. These believers take "ownership" for the ministry, and are grateful for Western partners like New Hope in fulfilling God's plan for their country. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Contact Information: [ Back to top ]

Mailing Address:PO Box 25490 6208 Lehman Drive (80918)
Colorado Springs, CO
80936-5490
Website: www.newhopeinternational.org
Phone:(719) 577-4450
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 237398878
CEO/President: Mr. Hank Paulson Tax Deductible: Yes
Chairman: Mr. Tim Macmillian Fiscal Year End: December 31
Board Size: 10 Financial info from: 990
Founder: Mr. Hank Paulson Member of ECFA: Yes
Year Founded: 1971 Member of ECFA since: 1981

Purpose [ Back to top ]

New Hope International ("New Hope") is an overseas mission organization supporting missionaries and churches in Eastern Europe. Functioning under National Boards of Directors, the ministries in each country are known as "New Hope" and are staffed by its more than 100 national workers. With a focus on children, youth and family, the ministries publish and train for effective ministry of workers within the Churches. It also helps the Churches to have an outreach, especially in the public schools of their country. In partnership, NHI provides training teams, short term missionaries, financial help and accountability.

Presently, over 100 national workers are active with New Hope in the Czech Republic, Slovakia, Romania, the Ukraine, Moldova, and Hungary. In each country, the staff, the director, and the board of directors are all national Christians. These believers take "ownership" for the ministry, and are grateful for Western partners like New Hope in fulfilling God's plan for their country.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Mission Statement [ Back to top ]

New Hope's Vision Statement is:

To prepare God's people for works of service. --Ephesians 4:12. In Eastern Europe we are equipping nationals to build a moral and spiritual foundation for a new generation. This is done by training and equipping the existing church, working within the public school systems and setting up Christian publishing houses. As Western Christians, we partner in their ministry. This enables us to focus beyond ourselves, be encouraged by the testimony of Christians in Eastern Europe and be involved with them in fulfilling the Great Commission.

Program Accomplishments [ Back to top ]

New Hope International Communicates the following accomplishments:

Advancing Hope: Outreach helped at least 16,490 children and youth on a weekly basis...

Relational Evangelism - 6,535 children and youth in Ukraine, Moldova and Romania are being ministered to by New Hope staff through Sunday schools, orphanages, public schools and neighborhood clubs on a weekly basis. Two-thirds of these children are from a non-Christian background.

Bible correspondence courses for children (and their parents and grandparents) - 2,463 children are involved in a 27 lesson Bible correspondence course (Ukraine) where they discover truth, life and direction.

"Felt Needs" Evangelism - 67 presentations on "AIDS, Sex and Relation-ships" to 2,500 students in public schools, with follow-up meetings after-wards. (Czech Republic)

Life Changing Summer Camps - 1,646 children, youth and adults were deeply touched by 45 high quality, well structured camps in Romania, Slovakia, Czech Republic and Moldova. In addition, New Hope helps in camps in Hungary and Ukraine.

Radio Ministry - almost daily family programs (translated from Dr. Dobson) and daily youth programs produced by New Hope's staff are reaching thousands throughout 60% of Slovakia. In addition, regional broadcasts are produced by New Hope staff and aired in Ukraine on a weekly basis.

Concert Evangelism - the New Hope folk orchestra shared Christ during 47 concerts with a total attendance of 12,400 people. 31 concerts were for unbelievers. (Ukraine)

Orphan Ministry - 425 orphans are visited every other week in Romania. 1,146 orphans are being ministered to weekly in Ukraine and Moldova. A halfway house is being operated for 9 teen girls in Ukraine.

Church Based Ministry - New Hope national staff minister to thousands of children and youth through local churches each week.

Multiplying Hope: Publishing and Tools for Ministry helped bring tens of thousands of Eastern Europeans specific, concrete hope through the power of the written word...

Campus Journal Devotionals - Bi-monthly circulation of 5,500 in three languages. Several hundred are sent, by request, to orphanages, prisons and other public institutions.

Statement of Faith [ Back to top ]

New Hope's Statement of Faith is:

We believe the Bible to be the inspired, the only infallible, authoritative Word of God.

We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.

We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.

We believe that for the salvation of lost and sinful man, regeneration by the Holy Spirit is absolutely essential.

We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.

We believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.

We believe in the spiritual unity of believers in our Lord Jesus Christ.

History [ Back to top ]

With the fall of communism, New Hope began to develop national ministries in 1990 as soon as freedom was restored. Prior to that it had spent 19 years strengthening the church in Eastern Europe. New Hope was formerly known as the Eastern European Bible Mission.

Ministry Needs [ Back to top ]

This organization has not offered MinistryWatch.com with specific needs to be posted on the profile. At such a time that MinistryWatch.com receives a response from the ministry, it will be posted immediately.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : A
Criteria categoryGradeOther Comments
Timeliness:908/16/2005 9:19:40 AM: Organization made financial information available between 5 ½ and 6 ½ months after their fiscal year end.
Financial Information:1008/16/2005 9:19:12 AM: Organization provided all financial information requested. Information was clear and thorough.
Foundational Clarity:
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankForeign Missions Sector
Overall Efficiency RatingStarStarStar189 of 348    33 of 54
Fund Acquisition DecisionStarStarStar189 of 348      33 of 54
Resource Allocation Decision of 348      10 of 54
Asset Utilization Decision of 348      10 of 54
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Ministry Statement or Response [ Back to top ]

This organization has not offered MinistryWatch.com with an official statement or response for their profile. This area is meant as a mechanism for the profiled ministry to communicate anything they may choose. It is open ended as to the topic, issues, facts or news to address. It is not negative if there is no official statement as many don’t have anything to add than what is already on the profile. This section is not tied to transparency or to communication in general. Many very open and talkative ministries with us choose not to post an official statement. This section is just an open ended offering to the profiled ministry for anything extra to say as they may choose.

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20072006200520042003
Return on FR Efforts10%8%7%0%0%0%
Fundraising Cost Ratio7%8%6%0%0%0%
Contributions Reliance83%97%98%0%0%0%
Fundraising Expense Ratio7%8%6%0%0%0%
Other Revenue Reliance17%3%2%0%0%0%
Operating RatiosDatabase Average20072006200520042003
Program Expense Ratio80%82%81%0%0%0%
Spending Ratio104%99%99%0%0%0%
Program Output Ratio84%82%80%0%0%0%
Savings Ratio-4%1%1%0%0%0%
Reserve Accumulation Rate4%5%8%0%0%0%
General & Admin Ratio13%10%13%0%0%0%
Investing RatiosDatabase Average20072006200520042003
Total Asset Turnover2.85x6.38x5.82x0x0x0x
Degree of L-T Investment3.06x1.17x1.15x0x0x0x
Current Asset Turnover5.43x7.46x6.71x0x0x0x
Age of Assets10.5yr(s)5.5yr(s)0.0yr(s)0.0yr(s)0.0yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20072006200520042003
Current Ratio3276.63x14.76x12.1x0x0x0x
Current Liabilities Ratio.38x.07x.08x0x0x0x
Liquid Reserve Level4.95x1.5x1.64x0x0x0x
Solvency RatiosDatabase Average20072006200520042003
Liabilities Ratio.3x.06x.07x0x0x0x
Debt Ratio.07x0x0x0x0x0x
Reserve Coverage Ratio81%15%16%0%0%0%

Financials[ Back to top ]

Balance Sheet
Assets20072006200520042003
Cash$162,150$157,918$163,045$165,589$132,618
Receivables, Inventories & Prepaids$19,179$18,664$20,855$18,182$11,498
Short-Term Investments$0$0$0$0$0
Total Current Assets$181,329$176,582$183,900$183,771$144,116
Long-Term Investments$0$0$0$0$0
Fixed Assets$30,427$26,921$0$4,052$16,446
Other Long-Term Assets$0$0$0$0$0
Total Long-Term Assets$30,427$26,921$0$4,052$16,446
TOTAL ASSETS$211,756$203,503$183,900$187,823$160,562
Liabilities20072006200520042003
Payables & Accrued Expenses$12,287$14,595$9,534$10,374$17,501
Other Current Liabilities$0$0$0$0$0
Total Current Liabilities$12,287$14,595$9,534$10,374$17,501
Debt$0$0$0$0$0
Other Long-Term Liabilities$0$0$0$0$0
Total Long-Term Liabilities$0$0$0$0$0
TOTAL LIABILITIES$12,287$14,595$9,534$10,374$17,501
Assets20072006200520042003
Unrestricted$49,682$102,587$113,155$111,107$53,242
Temporarily Restricted$149,787$86,321$61,211$66,342$89,819
Permanently Restricted$0$0$0$0$0
NET ASSETS$199,469$188,908$174,366$177,449$143,061
Revenue and Expenses
Revenue20072006200520042003
Total Contributions$1,326,842$1,171,289$1,043,551$977,122$1,021,190
Program Service Revenue$27,045$25,425$36,985$62,725$49,850
Membership Dues$0$0$0$0$0
Investment Income$834$511$607$0$0
Other Revenue$7,828$1,342$1,716$1,356$2,694
Total Other Revenue$35,707$27,278$39,308$64,081$52,544
TOTAL REVENUE$1,362,549$1,198,567$1,082,859$1,041,203$1,073,734
Expenses20072006200520042003
Program Services$1,110,522$956,338$848,472$787,637$877,136
Management & General$136,460$150,860$153,858$138,731$125,182
Fundraising$105,006$76,827$83,612$80,447$88,452
TOTAL EXPENSES$1,351,988$1,184,025$1,085,942$1,006,815$1,090,770
Change in Net Assets20072006200520042003
SURPLUS (DEFICIT)$10,561$14,542($3,083)$34,388($17,036)
Other Changes in Net Assets$0$0$0$0$0
TOTAL CHANGE IN NET ASSETS$10,561$14,542($3,083)$34,388($17,036)