BBB Wise Giving Report for
JAARS

BBB Wise Giving Report issued June 2009
BBB Wise Giving Report expires June 2011


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: JAARS
Address: P.O. Box 248
  Waxhaw, NC 28173
Phone: 704-843-6000
Web Address: www.jaars.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1963, North Carolina
Affiliates: None
Stated Purpose: "to provide technical support services and resources to speed Bible translation for all people."

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Evaluation Conclusions

               

JAARS meets the 20 Standards for Charity Accountability.
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Programs

               

JAARS uses technology, information, and transportation to connect with people and communicate the message of the Bible. In addition, JAARS tries to maximize its ministry operation through planning, administration, and its use of personnel and funding.

For the fiscal year ended September 30, 2008, JAARS's program expenses were:

  
Transportation 6,775,517
Ministry operations 5,253,585
Information and communications technology 3,986,153
Language development 1,480,017
Total Program Expenses: $17,495,272
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Governance

               

Chief Executive : James Akovenko, President/Executive Director
Compensation*:
 $81,590

Chair of the Board: Julia T. Boyd
Chair's Profession / Business Affiliation: Homemaker

Board Size: 11

Paid Staff Size: 38

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

direct mail, telephone, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet, planned giving arrangements
Fund raising costs were 5% of related contributions. (Related contributions, which totaled $14,194,627, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on JAARS's audited financial statements for the year ended September, 30 2008.

Source of Funds  
Noncash contributions- services 10,685,924
Program activities primarily with affiliates- ministry operations 2,539,043
Cash contributions from public 2,101,507
Noncash contributions- goods 1,407,196
Program activities primarily with affiiliates- transportation 1,210,276
Cash contributions from affiliates 1,159,803
Program activities primarily with affiliates- information and communications technology 661,380
Gain on disposal of assets 163,463
Investment income 91,870
Program activities primarily with affiliates- language development 85,259
Other income 3,289
Total Income $20,109,010


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Uses of Funds as a % of Total Expenses

Programs: 88%  Fund Raising: 3%  Administrative: 9% 

Total income   $20,109,010
  Program expenses $17,495,272
  Fund raising expenses 664,111
  Administrative expenses 1,760,178
 
Total expenses   $19,919,561
Income in Excess of Expenses   189,449
Beginning net assets   15,850,380
Ending net assets   16,039,829
Total liabilities   1,235,874
Total assets   $17,275,703


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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