Jaars Inc
- Assets
- $12.4m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 63
- Location
- Waxhaw, NC
- Founding
- 08/2019
- Data as of
- 09/2021
- 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 09/2021, Jaars Inc employed 63 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 09/2021, Jaars Inc generated $6.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $6.5m during the year ending 09/2021. While expenses have increased by 5.8% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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 MAKE BIBLE TRANSLATION AND LANGUAGE DEVELOPMENT POSSIBLE, ESPECIALLY IN THE MOST REMOTE AND DIFFICULT PLACES ON EARTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AVIATION SOLUTIONS: WE HELP OUR INTERNATIONAL PARTNERS START AND OPERATE FLIGHT PROGRAMS BY RECRUITING STAFF, SETTING SAFETY AND OPERATING STANDARDS, ACQUIRING AND EQUIPPING AIRCRAFT, CONDUCTING ON-SITE FLIGHT PROGRAMS, R&D AND MORE. CURRENTLY WE HELP PROGRAMS IN BRAZIL, CAMEROON, INDONESIA, PAPUA NEW GUINEA AND PERU.
TECHNOLOGY SOLUTIONS: WE HELP OUR INTERNATIONAL PARTNERS THROUGH RELATIONSHIPS WITH SIL INTERNATIONAL AND OTHERS, TO ASSESS TECHNOLOGY, COMMUNICATIONS, POWER GENERATION, AND INTERNET CONNECTIVITY CHALLENGES, DEVELOP EFFECTIVE SOLUTIONS, AND SUPPORT FUNDING AND EFFECTIVE IMPLEMENTATION OF PLANS AND TECHNOLOGY. JAARS PROVIDES TECHNOLOGY TO CREATE AND DISTRIBUTE NON-PRINT MEDIA THAT COMMUNICATE WITH PEOPLE IN COMMUNITIES UNFAMILIAR WITH PRINTED MEDIA IN ORDER TO SHARE THE GOOD NEWS OF THE GOSPEL.
LAND TRANSPORTATION SOLUTIONS: WE HELP OUR INTERNATIONAL PARTNERS ASSESS THEIR TRAVEL CHALLENGES AND DETERMINE THE OPTIMAL VEHICLES AND RELATED TRAINING FOR THEIR SITUATIONS AND ACQUIRE AND/OR UPFIT VEHICLES.
ALL OTHER PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Biggerstaff Vice President Of Engagement | 50 | $114,728 | |
David Reese Chief Financial Officer | Officer | 50 | $109,129 |
William Mclendon Jr President | Officer | 50 | $47,070 |
Craig Whaley Secretary | Officer | 50 | $21,806 |
Dan Dugger Director | Trustee | 1 | $0 |
Dan Ribb Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,361,848 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,634,283 |
| Noncash contributions included in lines 1a–1f | $35,939 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,996,131 |
| Total Program Service Revenue | $1,457,670 |
| Investment income | $65,310 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$45,571 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$23,057 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,450,483 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $445,224 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $521,398 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $223,857 |
| Compensation of current officers, directors, key employees. | $109,129 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,611,317 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $85,227 |
| Payroll taxes | $135,143 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,945 |
| Fees for services: Accounting | $40,808 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $3,500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $294,514 |
| Advertising and promotion | $59,150 |
| Office expenses | $312,312 |
| Information technology | $589,727 |
| Royalties | $0 |
| Occupancy | $363,980 |
| Travel | $193,698 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $146,589 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $663,284 |
| Insurance | $235,262 |
| All other expenses | $81,866 |
| Total functional expenses | $6,452,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $214,134 |
| Savings and temporary cash investments | $856,259 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $483,499 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $70,511 |
| Prepaid expenses and deferred charges | $182,579 |
| Net Land, buildings, and equipment | $6,949,405 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,563,548 |
| Intangible assets | $0 |
| Other assets | $1,113,405 |
| Total assets | $12,433,340 |
| Accounts payable and accrued expenses | $251,045 |
| 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 | $649,229 |
| Total liabilities | $900,274 |
| Net assets without donor restrictions | $7,778,223 |
| Net assets with donor restrictions | $3,754,843 |
| 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 | $12,433,340 |
Grants Awarded
Over the last fiscal year, Jaars Inc has awarded $445,225 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: Mission projects | $383,898 |
Ionia, MI PURPOSE: Vehicles | $35,086 |
Albuquerque, NM PURPOSE: Computer hardware and supplies | $26,241 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Jaars Inc has recieved totaling $191,998.
| Awarding Organization | Amount |
|---|---|
Blue Adobe Foundation Gardnerville, NV PURPOSE: CARRY OUT CHARITABLE PURPOSE OF FDN | $130,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $31,180 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $30,349 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $469 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lions Services Inc Charlotte, NC | $6,497,878 | $15,970,949 |
Hope House Foundation Inc Norfolk, VA | $8,074,708 | $12,111,448 |
Sertoma Center Inc Knoxville, TN | $10,787,048 | $12,520,977 |
Randolph Community Service Inc Randleman, NC | $1,820,869 | $8,445,154 |
Virginia Regional Transit Purcellville, VA | $16,382,383 | $8,231,477 |
Jaars Inc Waxhaw, NC | $12,433,340 | $6,450,483 |
Lynchburg South Lodge No 1727 Loyal Order Of The Moose Lynchburg, VA | $3,317,172 | $6,195,077 |
Pee Dee Coalition Against Domestic And Sexual Assault Florence, SC | $7,943,993 | $6,463,793 |
Solutions That Empower People Inc Rocky Mount, VA | $2,704,443 | $4,763,662 |
Rooftop Of Virginia Cap Galax, VA | $1,411,246 | $4,260,955 |
Heart Of Ga Community Action Council Inc Warner Robins, GA | $1,148,335 | $3,700,784 |
Community Assistance Center Inc Atlanta, GA | $5,646,342 | $4,660,397 |