Northrise University Initiative

Organization Overview

Northrise University Initiative is located in Scottsdale, AZ. The organization was established in 2000. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2022, Northrise University Initiative employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northrise University Initiative 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 12/2022, Northrise University Initiative generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $3.9m during the year ending 12/2022. While expenses have increased by 5.3% per year over the past 8 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

NORTHRISE UNIVERSITY INITIATIVE IS THE U.S. MARKETING AND DEVELOPMENTORGANIZATION OF NORTHRISE UNIVERSITY LOCATED IN NDOLA, ZAMBIA. NORTHRISEIS A CHRIST-CENTERED UNIVERSITY DEDICATED TO EQUIPPING MEN AND WOMEN TO WORK IN MINISTRY AND BUSINESS TO CONTRIBUTE TO THE SPIRITUAL AND ECONOMIC TRANSFORMATION OF ZAMBIA.THE ORGANIZATION IS DEDICATED TO SUPPORTING AND SUSTAINING THE UNIVERSITYBY:1. PROVIDING FUNDS FOR NORTHRISE UNIVERSITY OPERATIONS, INCLUDING STUDENTTUITION, BOARD AND HOUSING AND DEVELOPMENT OF CAMPUS BUILDINGS AND RELATEDINFRASTRUCTURE.2. PROVIDING FUNDS TO DEVELOP AND OPERATE A WORKING FARM LOCATED ON THENORTHRISE UNIVERSITY CAMPUS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT FOR CAMPUS BUILDINGS AND RELATED INFRASTRUCTURE.


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Board, Officers & Key Employees

Name (title)Compensation
Christopher Krause
Chair/ex Dir
$135,531
Moffat Zimba
Member
$37,050
Brandon Arneson
Treasurer
$0
Stehpen Bowie
Member
$0
Jeff Goble
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,321,368
Noncash contributions included in lines 1a–1f $173,794
Total Revenue from Contributions, Gifts, Grants & Similar$4,321,368
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$2,289
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,319,079

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