Jaars Inc.

“JAARS established the Mexico Museum and the Museum of the Alphabet (museums) on its campus. The collections of the museums at JAARS, which were acquired through purchases and contributions since the organization's inception, are not recognized as assets on the statements of financial position and, thus, are not reflected on the financial statements. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired or as temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Proceeds for deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes.”

“Two museums are located on the JAARS campus; the Mexico-Cardenas Museum and the Museum of the Alphabet. - - - The Mexico-Cardenas Museum was established in 1977 by SIL International to show appreciation to the people of Mexico and their president, Lazaro Cardenas (1934-1940). Besides the historical photographs, books in many languages, outstanding folk art and embroidered traditional costumes in the museum, there is a 1938 Chevrolet, a gift from the president, given out of the president's desire to help pioneer linguist W. Cameron Townsend, founder of Wycliffe Bible Translators, SIL and JAARS. The president welcomed the young Americans, whom Townsend was recruiting, and he endorsed the work of creating alphabets and providing translated Scriptures in the Mayan, Aztecan and other indigenous languages. - - - - - - - - - The Museum of the Alphabet, a project initiated by Dr. W. Cameron Townsend, took three years of research by Dr. Richard Pittman, followed by thirteen years of arduous work by artist and translator Kathryn Voigtlander and scores of volunteers. The museum traces the history of writing from it's beginning to the present. A metal sculpture of Mezrop Mastots of Armenia, a Sefer Torah scroll, a clay sculpture of Sequoia and many other artifacts from around the world add to the 75 colorful hand-painted displays. A computer display shows how useful this technology has been for modern linguists and Bible translators. - - - - - - The museums educate visitors in the history of translating the Bible into many languages that people speak in their homes and villages. We hope these visitors will catch the vision for how important this mission is to bring peace to people's hearts and lives. People who have visited these museums have become missionaries, volunteers, and contributors to JAARS' mission.”

“The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of September 30, 2015, JAARS had no uncertain tax positions that qualify for recognition or disclosure in the financial statements.”

“Gain (loss) on Disposal of Fixed Assets. In fiscal 2016 there was a net loss on the disposal of retired fixed assets.”