Jaars Inc
- Assets
- $13.7m
- Revenue
- $9.8m
- Investments
- $566.0k
- Employees
- 93
- Location
- Waxhaw, NC
- Founding
- 08/2019
- Data as of
- 09/2023
- EIN
- 56-0818833
Organization Overview
Jaars Inc is located in Waxhaw, NC. The organization was established in 2019. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Jaars Inc employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jaars Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Jaars Inc generated $9.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $7.7m during the year ending 09/2023. While expenses have increased by 6.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jaars Inc has awarded 17 individual grants totaling $4,154,323. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE VISION OF JAARS IS THAT PEOPLE'S LIVES AND COMMUNITIES ARE TRANSFORMED AS THEY EXPERIENCE GOD'S WORD IN THEIR OWN LANGUAGE. OUR MISSION IS TO REDUCE BARRIERS, EASE BURDENS AND DELIVER GOD'S WORD, ESPECIALLY IN THE MOST REMOTE AND DIFFICULT PLACES ON EARTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BASE OPERATIONS--JAARS IS HEAVILY ENGAGED IN TRAINING PILOTS, MECHANICS, TECHNICIANS AND SUPPORT PERSONNEL TO AID BIBLE TRANSLATION, LITERACY AND ENGAGEMENT IN REMOTE ENVIRONMENTS THAT PRIMARILY INCLUDE JUNGLE RAINFORESTS OR DIFFICULT TERRAIN. WE SUPPLY PARTNERS ON FOUR CONTINENTS. THE TRAINING ASSISTS OUR PRIMARY PARTNER, SIL INTERNATIONAL, AND OTHERS WITH TRANSPORTATION SOLUTIONS WHERE NONE READILY EXIST WITH AIR, LAND AND SEA SOLUTIONS. THE APPROXIMATELY 500 PERSONNEL AT THE BASE INTEGRATE AND INSTRUCT TRAINING ON AVIATION, MARITIME, LAND TRANSPORT, COMMUNICATION, AND INTERCULTURAL RELATIONSHIPS. THE BASE ALSO SERVES AS A RESEARCH & DEVELOPMENT AND ENGINEERING STATION TO CREATE FUTURE SOLUTIONS NEEDED IN THE FIELD. THE BASE SERVES AS THE FORCE AND LOGISTICAL PROVIDER, PROGRAM MANAGER, FINANCIAL AND PERSONNEL SUPPORT BASE WITH CAPACITY IN COUNSELING, HEALTHCARE SERVICES, HOUSING FOR TRAINEES, FUNDRAISING, AND MISSIONARY SUPPORT BOTH DOMESTIC AND ABROAD.
INTERNATIONAL OPERATIONS-- WE HELP OUR INTERNATIONAL PARTNERS ASSESS NEEDS, DEVELOP EFFECTIVE SOLUTIONS, FUNDING SUPPORT, AND EFFECTIVE IMPLEMENTATION AND TRAINING TO HELP MISSIONARIES CROSS THE LAST MILE. IN ADDITION, WE ARE EXPLORING HIGH-IMPACT OPERATING "HUBS" TO HELP MISSIONARIES CROSS THE LAST MILE AND REACH THE UNREACHED.
TRANSPORTATION SOLUTIONS-- WE HELP FACILITATE OUR INTERNATIONAL PARTNERS' FLIGHT PROGRAMS BY RECRUITING AND TRAINING STAFF, SETTING STANDARDS, ACQUIRING AND EQUIPPING AIRCRAFT, PROVIDING TECHNICAL FIELD SUPPORT AND R&D, AND MORE. CURRENTLY, WE PARTNER WITH PROGRAMS IN BRAZIL, CAMEROON, GABON, INDONESIA, KENYA, PAPUA NEW GUINEA, AND PERU. WE HELP OUR INTERNATIONAL PARTNERS ASSESS THEIR TRAVEL CHALLENGES AND DETERMINE THE OPTIMAL VEHICLES FOR THEIR SITUATIONS AND ASSIST WITH ACQUIRING, UPFIT AND TRAINING.
TECHNOLOGY SOLUTIONS-- WE HAVE DESIGNED, DEVELOPED, AND NOW SUPPORT FLIGHTSPAN, A CUSTOM APPLICATION THAT HELPS TO ENSURE EFFICIENCY, ACCOUNTABILITY, AND SAFETY BEFORE, DURING, AND AFTER CONDUCTING FLIGHT OPERATIONS. IN ADDITION, TECHNOLOGY IS PROVIDED AND SUPPORTED WITH OUR INTERNATIONAL PARTNERS AND AT THE JAARS BASE IN NORTH CAROLINA HEADQUARTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Biggerstaff Vice President Of Engagement | 40 | $117,013 | |
Denise Shockley V P Of Finance, CFO | Officer | 40 | $102,774 |
Steve Russell President | Officer | 40 | $43,077 |
Andrew Hood Chair | Trustee | 5 | $0 |
Bonnie Nystrom Vice Chair | Trustee | 1 | $0 |
Lee Bramlett Treasurer | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,189,288 |
| Noncash contributions included in lines 1a–1f | $2,734,791 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,189,288 |
| Total Program Service Revenue | $1,432,279 |
| Investment income | $42,995 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,774 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $145,920 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,830,256 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $638,782 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $267,907 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,595,171 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $170,606 |
| Payroll taxes | $201,623 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $55,161 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $275,059 |
| Advertising and promotion | $126,816 |
| Office expenses | $461,094 |
| Information technology | $614,260 |
| Royalties | $0 |
| Occupancy | $360,300 |
| Travel | $365,738 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $102,671 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $805,500 |
| Insurance | $305,250 |
| All other expenses | $29,117 |
| Total functional expenses | $7,703,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $437,519 |
| Savings and temporary cash investments | $1,249,149 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $571,848 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $116,925 |
| Prepaid expenses and deferred charges | $117,717 |
| Net Land, buildings, and equipment | $8,878,007 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $566,016 |
| Investments—program-related | $1,109,632 |
| Intangible assets | $0 |
| Other assets | $662,576 |
| Total assets | $13,709,389 |
| Accounts payable and accrued expenses | $324,317 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $712,786 |
| Total liabilities | $1,037,103 |
| Net assets without donor restrictions | $10,697,743 |
| Net assets with donor restrictions | $1,974,543 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,709,389 |
Grants Awarded
Over the last fiscal year, Jaars Inc has awarded $616,782 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SUMMER INSTITUTE OF LINGUISTICS INC (SIL) PURPOSE: Internet connectivity for translators; audio/video media solutions,support for aviation operations, transport printed Bibles, support missionary in training | $426,621 |
HOSANNA PURPOSE: Oral Bible Translation Project | $162,961 |
SOUTH AMERICA MISSION PURPOSE: Scripture needs for Bible translation in Peru, South America | $7,200 |
MOODY AVIATION PURPOSE: Grant for scholarship/Aviation staff recruitment | $20,000 |