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JAARS Annual Report
 
Financial Report (October 1, 2002 - September 30, 2003)
Stated in Thousands

Income

Contributions:  
  Cash Contributions $1,507
  Noncash from Public 227
  Noncash from Affiliates * 8,098
Program Revenue 3,606
Investment Income 108
Total Income 13,546

Expenditures

Program Services:  
  Computing ** 3,031
  Logistics ** 2,565
  Aviation ** 3,122
  Vernacular Media ** 921
  Other Ô 2,099
Total Program Services 11,738
Supporting Activities:  
  Management and General 1,600
  Fund-raising 343
Total Supporting Activities 1,943
Total Expenses Ê 13,681
Gain (Loss) from Operations Ê (134)
Gain (Loss) on Disposal of Assets (1)
Change in Net Assets (135)
 

 

 

Financial Report in PDF format (1190kb)

President's Letter

NOTES:

* All career members are supported by the contributions of friends and churches through Wycliffe Bible Translators. 
   $7,618,611 is included in noncash contributions of labor from affiliates and in various categories for labor expense. 
   Donated labor from volunteer help with technical expertise amounted to $479,131.

** Program services expenditures are provided primarily in support of overseas personnel.

Ô From audited statement categories Services to Missionaries and Other.

Ê Depreciation of $664,094 is included in expenses.

Amounts in this report represent the financial activity of JAARS, Inc., for the fiscal year ended September 30, 2003. Complete financial statements, audited by Capin Crouse LLP, are available upon request.

 

JAARS Officers
 
James Akovenko - President–Executive Director
Kevin Golding - VP Finance
Phil McBride - VP Administration
Dennis Steenwyk - Vice President
David Bothwell - Vice President
 
Leda Rabenold - Corporation Secretary
John Hutchinson - Asst. Secretary
Betty Ann Jarstfer - Asst. Secretary
JAARS Board of Directors
 
Duane G. Johnson, Chairman
  (Retired) Asst. Vice President
  Regulatory and Government Affairs

  GTE Telephone Operations
  Argyle, Texas 
R. Thomas Cheely, Vice Chairman

  Missions Pastor
  Briarwood Presbyterian Church
  Birmingham, Alabama 
Roger Owens, Finance Committee Chair

  Founder/Managing Partner
  Alliance Management Partners
  Weddington, North Carolina
Dave Archibald

  South America Regional Director
  SIL Americas Group
  Waxhaw, North Carolina 
Raymond R. Berry

  President
  Intelligent Technology, Inc.
  Charlotte, North Carolina 
Tony Chan

  Associate Professor
  Nanyang Technological University
  Singapore 
Brian Chapaitis
  Computer Consultant
  SIL
  Papua New Guinea 
Geoffrey Hunt
  Eurasia Area Academic Computing Consultant
  SIL
  Bucks, England 
 
Ed Lauber
  Language Programs Director
  SIL East Congo Group
  Nairobi, Kenya
Steve Lynip
  International Training Consultant
  SIL
  Manila, Philippines 
Glen Mast
  Aviation Maintenance Manager
  JAARS
  Waxhaw, North Carolina 
Thomas G. Matlock
  President
  Matlock Associates, Inc.
  Chino, California 
Carolyn Miller
 
President
  SIL International
  Bangkok, Thailand
Lyle Reffey

  Aviation Dept. Manager
  SIL
  Papua New Guinea
Orville C. Rogers

  (Retired) Captain
  Braniff International
  Dallas, Texas 
John Watters
  Executive Director
  SIL International 
  Dallas, Texas
You can SERVE  You can PRAY  You can GIVE 
 
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JAARS, Inc.   PO Box 248   Waxhaw, NC 28173
1-800-890-0628  FAX 704-843-6385
webmaster@jaars.org
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