JAARS INC

EIN: 560818833 501(c)(3) Community Improvement

Waxhaw, NC

Total Revenue
$11,930,681
Total Expenses
$8,539,451
Total Assets
$17,611,457
Net Assets
$16,244,882
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
NC
Principal Officer
Steve Russell
Phone
7048486000
Tax Period
2023-10-01 to 2024-09-30

JAARS INC, founded in 1963, is a mid-sized nonprofit in the Community Improvement sector that reported $11.9M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.4M, a strong 28% operating margin.

Mission

We reduce barriers, ease burdens and deliver God's Word. We do that by training, equipping, deploying and sustaining individuals, teams and stations - primarily in the area of transportation using special purpose aircraft, boats and off-road vehicles - to aid in the work of proclaiming the gospel to the whole creation.

Program Service Accomplishments

Program 1
Expenses: $3,261,771 Revenue: $1,138,678

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...

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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.

Program 2
Expenses: $2,133,115 Revenue: $477,125

TRANSPORTATION SOLUTIONS-- We help facilitate our international partners' flight programs by recruiting and training staff, setting standards, acquiring and equipping aircraft, providing technical...

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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.

Program 3
Expenses: $1,046,746 Revenue: $51,459

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...

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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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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,101,743
Program Service Revenue $1,667,262
Investment Income $56,926
Other Revenue $104,750
TOTAL REVENUE $11,930,681

Expense Breakdown

Grants Paid $547,409
Salaries & Benefits $3,475,524
Fundraising Expenses $434,796
Program Expenses $6,651,601
Other Expenses $4,516,518
TOTAL EXPENSES $8,539,451

Year-over-Year Comparison

2023 2022 Change
Revenue $11,930,681 $9,830,256 +0.2%
Expenses $8,539,451 $7,703,667 +0.1%
Net Income $3,391,230 $2,126,589 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
10
Independent Members
10
Employees
93
Volunteers
520

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$361,786
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steve Russell President 40
Officer Highest
$140,000 $0 $140,000
Steve Biggerstaff Vice President of Engagement 40
Officer
$118,482 $0 $118,482
Denise Shockley V P of Finance, CFO 40
Officer
$103,304 $0 $103,304
Andrew Hood Chair 5
Director
$0 $0 $0
Bonnie Nystrom Vice Chair 1
Director
$0 $0 $0
Lee Bramlett Treasurer 0
Director
$0 $0 $0
Dan Dugger Director 0
Director
$0 $0 $0
Grace Goreth Director 0
Director
$0 $0 $0
Daniel Johnson Director 0
Director
$0 $0 $0
Ryan Kruse Director 0
Director
$0 $0 $0
Nydia Garcia Schmidt Director 0
Director
$0 $0 $0
Eleanor Berry Director 0
Director
$0 $0 $0
Keith Burkhart Director 0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $11,930,681 $8,539,451 $17,611,457 $3,391,230
2023 $9,830,256 $7,703,667 $13,709,389 $2,126,589
2022 $6,580,103 $7,479,302 $11,482,028 $-899,199
2021 $6,450,483 $6,452,665 $12,433,340 $-2,182
2020 $6,472,350 $5,325,327 $12,627,112 $1,147,023
2019 $5,502,545 $5,325,119 $11,504,967 $177,426
2018 $5,256,865 $4,954,778 $11,271,519 $302,087
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