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 06/2022, Northern Arizona Technology & Business Incubator employed 9 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 06/2022, Northern Arizona Technology & Business Incubator generated $1.4m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 10.7% per year over the past 4 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

2022

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 &
$110,062
Todd Davis
Chairman
$0
Mackenzie Fitz-Gerald
Director
$0
Nathan Friedman
Secretary
$0
Jill Harrison
Director
$0
Jill Howardallen
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $619,946
All other contributions, gifts, grants, and similar amounts not included above$130,143
Noncash contributions included in lines 1a–1f $15,643
Total Revenue from Contributions, Gifts, Grants & Similar$750,089
Total Program Service Revenue$618,750
Investment income $25
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 $1,388,863

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Western Regional Minority Supplier Development Council
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Southern California Minority Supplier Development Council Inc
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$2,276,055
Nor-Cal Fdc
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$2,499,517
Valley Small Business Development Corporation
Fresno, CA
$2,277,955
Seedspot
Phoenix, AZ
$1,990,153
Northern Arizona Technology & Business Incubator
Flagstaff, AZ
$1,388,863
Executive Service Corps Of Southern California
Los Angeles, CA
$1,529,733
Ppep Microbusiness And Housing Development Corporation
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$1,851,050
Hbcu Founders Initiative
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Foundation For Black Entrepreneurship
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