NonprofitsNew Chance Inc

Human Services

New Chance Inc

ANCHORAGE, AK

Total revenue

$1.6M

Total expenses

$1.5M

Net assets

$309K

Grants received

$435K

4 grants

EIN

372040108

Tax year

2024

Mission

Our mission is to provide relief to refugees affected by conflicts in their home country, delivering aid in a manner that best meets the needs of individuals and families while respecting their rights as human beings.

Programs

3 programs

Through a partnership with Church World Service, New Chance Inc. implements the United States Reception and Placement (USRP) Program to welcome newly arriving refugees to Alaska. The program provides comprehensive support during their initial 90 days in the U.S., including airport reception, housing preparation, cultural orientation, and community & employment connections. In 2024, New Chance Inc. welcomed and assisted 42 individuals through this program, helping them begin their journey toward stability and self-sufficiency in Alaska.

Expenses: $277KGrants: $55K

CSS - Job Readiness - This grant supported the development and statewide delivery of a virtual Job Readiness curriculum to help refugees and humanitarian parolees prepare for employment in Alaska. The curriculum was written and instructed in 2024. Through this program, New Chance Inc. exceeded its outcome goals, serving more than 70 participants through online classes focused on job search skills, resume building, and workforce integration. As clients learn job readiness skills, they also naturally improve their English through practical, work-related communication and interactive lessons.

Expenses: $160K

CSS - Education & Employment Program serving 323 clients in completing job assessment, writing resumes, job searches and interview assistance, job coaching, interview interpretations, onboarding support to client and employers, as well as check-ins after employment. To complete this work, our team works hard on networking and connecting clients with welcoming employers.

Expenses: $90K

Financials

FY 2024

Revenue

Contributions & grants$1.4M
Program service revenue$256K
Investment income$60
Other revenue
Total revenue$1.6M

Expenses

Grants paid$856K
Salaries & benefits$434K
Fundraising
Other expenses$208K
Total expenses$1.5M
Total assets$596K
Net assets$309K

People

5 listed

NameRoleCompensation

Zoryana Opanasevych

Executive Dir.

Board

$102K

40 hrs/wk

Yurii Tarankov

President

Board

0

Dimitry Vakulich

Vice President

Board

0

Taras Ilnitskiy

Secretary

Board

0

Shane Engel

Treasurer

Board

0

Grants received

Showing 4 of 4

FromAmountPurposeYear
$9K
Operational Support
2024
$178K
OFFICE OF REFUGEES RESETTLEMENT EMPLOYMENT SERVICES SUBGRANT
2023
$178K
OFFICE OF REFUGEES RESETTLEMENT EMPLOYMENT SERVICES SUBGRANT
2023
$71K
EMPLOYMENT SERVICES
2022

Funded by

$435K from 2 funders · 4 grants · 2022–2024

Catholic Social Services

$426K · 3 grants · 2022–2023

The Alaska Community Foundation

$9K · 1 grant · 2024

Details

EIN372040108
NTEE codeP20
Subsection03
Ruling date2023-07
Formed2023
Employees10
Volunteers60
NEW CHANCE INC — Mission, Financials & Grants Received | Grantivo