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 disposals or insurance recoveries are reflected as increases in the appropriate net asset classes.”

“There are two museums located at the JAARS center.”

“The Museum of the Alphabet, a project initiated by Dr. W. Cameron Townsend, was inaugurated in 1990 and traces the history of writing from its 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. People groups that were reached by SIL's pioneer alphabet makers, with JAARS' help, are artistically portrayed in illustrations of their unique word spellings (including tone marks), their ways of adapting literacy into their culture, and their transformed lives. A computer display shows the kinds of software tools that modern alphabet makers can use today.”

“The Mexico-Cardenas Museum was established in 1977 by SIL to show appreciation to the people of Mexico and to honor the memory of their former president, Lazaro Cardenas, with whom JAARS founder, Cameron Townsend, had established diplomatic relations and a life-long friendship. First-time primers, dictionaries, and grammars are on display with completed New Testament translations - a result of the years of hard work, dedication, and faith of many trained linguists. Pictures and videos in the museum tell the stories of Scriptures-in-use. Special speakers, live music, and food attract crowds on JAARS Days, when visitors can ask questions about Bible translating and hear some inspiring stories. Missionaries visiting JAARS for training will be inspired by the exhibits in this museum. The Mexico-Cardenas Museum currently has a display of 31 recently translated scriptures from several countries. Future plans include interactive displays showing particular ways that JAARS serves the Bible translation effort.”

“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.”

“Pt IX - Other Assets - Inventories: Non-current (See Schedule O, Pt X note)”

“Pt IX - Other Assets - Specialized aircraft parts JAARS classifies a specific portion of the aviation parts and materials with noncurrent assets. These items are maintained for future use as replacement parts because there are limited supply sources for such parts.”