Northern Arizona Technology & Business Incubator

Organization Overview

Northern Arizona Technology & Business Incubator is located in Flagstaff, AZ. The organization was established in 2001. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Northern Arizona Technology & Business Incubator employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Arizona Technology & Business Incubator is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Northern Arizona Technology & Business Incubator generated $963.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $918.7k during the year ending 06/2021. While expenses have increased by 1.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FACILITATE ECONOMIC GROWTH AND TO PROVIDE JOB CREATION AND EXPANSION OF THE LOCAL TAX BASE BY TRANSFORMING START-UP COMPANIES INTO SUCCESSFUL BUSINESS VENTURES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO FACILITATE ECONOMIC GROWTH AND TO PROVIDE JOB CREATION AND EXPANSION OF THE LOCAL TAX BASE BY TRANSFORMING START-UP COMPANIES INTO SUCCESSFUL BUSINESS VENTURES.


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Board, Officers & Key Employees

Name (title)Compensation
L Scott Hathcock
President &
$98,708
Todd Davis
Chairman
$0
Nathan Friedman
Director
$0
David Johns
Secretary
$0
John Kalinich
Director
$0
Dan Kaspryzk
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $246,035
All other contributions, gifts, grants, and similar amounts not included above$157,727
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$403,762
Total Program Service Revenue$559,760
Investment income $31
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $963,553

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Northern Arizona Technology & Business Incubator has recieved totaling $200,000.

Awarding OrganizationAmount
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION

$200,000
View Grant Recipient Profile

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