Northrise University Initiative

The information on this page was last updated 3/1/2023. If you see errors or omissions, please email: [email protected]


Summary

The Northrise University Initiative (NUI) exists to support and communicate the vision and mission of NU, to accelerate growth and provide opportunities for students and faculty. Such expansion is not an end unto itself. Rather, growing is part of our overall vision and mission to transform Zambia and beyond, ONE STUDENT at a time.

Northrise directly addresses key issues that will advance Zambia to become a beacon of hope, stability, and prosperity in Africa. Amid limited economic opportunity, vast economic disparity, and brain drain, Northrise University provides an affordable, high-quality education that empowers students and graduates to create and participate in a broader economy, with an expanding middle class, as entrepreneurs, managers, and government leaders. Thus, NU is making a difference in the lives of Zambian students, who are, in turn, changing Zambia into a model of economic progress for the rest of Africa.

To these ends, NUI creates opportunities and involvement through our:
Scholarship Fund
Capital Campaigns
Partnerships


Contact information

Mailing address:
Northrise University Initiative
PO Box 4441
Scottsdale, AZ 85261

Website: northrise.edu.zm

Phone: 602-330-6274

Email: [email protected]


Organization details

EIN: 954749034

CEO/President: Jeff Goble

Chairman: Jeff Goble

Board size: 5

Founder: Doreen Zimba and Moffat Zimba

Ruling year: 2000

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2012


Purpose

As a Christ-centered university, Northrise University is committed to equipping its students to become skilled and relevant professionals, ministers, and leaders who will have a lasting impact in their communities. By providing learning opportunities that enhance critical thinking, discipline, personal responsibility, character development, and sacrifice, students are inspired to achieve excellence and lay-hold of their future.

Joining this Christ-centered institution is more than joining a university - it is belonging to a family, being a help to those in need, and above all, a community dedicated to changing a nation.

We envision a future in which Zambia boasts of having the "#1 Private University in southern Africa" - Northrise University. Each student educated by Northrise advances this vision and Zambia has transformed one student at a time. At our century mark in 2104, we envision 80,000 alumni each making a difference in their community and transforming Africa. Northrise stays on track toward this vision with a strategic plan led by our Founders and Board of Regents.

Transforming Zambia one student at a time relies on our culture of and commitment to being excellent at what is good. Northrise interprets our expression of being excellent at what is good as a Christ-centered university. To be a model of excellence for teaching and learning; a learner-centered academic community that challenges, advances knowledge, and improves the economic well-being, quality of life, and spiritual vitality of its students and staff.


Mission statement

To develop Christ-centered dedicated professionals and engaged global citizens devoted to the spiritual and economic transformation of Zambia and Africa.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating21 of 11041 of 129
Fund acquisition rating2 of 11051 of 129
Resource allocation rating53 of 11053 of 129
Asset utilization rating178 of 110416 of 129

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%1%0%0%0%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%1%0%0%0%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
22%100%102%101%102%103%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%1%0%0%0%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
78%0%-2%-1%-2%-3%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%97%98%98%95%94%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%90%80%143%55%91%
Program output ratio Program output ratio =
Program services /
Total revenue
77%87%78%141%52%86%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%10%20%-43%45%9%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%19%55%-161%80%33%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%3%2%1%5%5%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.511.551.994.440.942.62
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.611.001.001.001.001.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.401.551.994.440.942.63
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.6319.3814.967.8233.214.46
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.050.070.130.030.22
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.377.345.632.3612.413.54
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
24%6%7%17%3%22%
Debt ratio Debt ratio =
Debt /
Total assets
11%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
151%61%47%19%103%30%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$2,475,527$2,055,256$1,018,110$2,350,884$564,439
Receivables, inventories, prepaids$25,414$4,511$30,532$7,815$33,671
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,500,941$2,059,767$1,048,642$2,358,699$598,110
Long-term investments$0$0$0$0$0
Fixed assets$0$0$0$0$2,506
Other long-term assets$0$0$0$0$0
Total long-term assets$0$0$0$0$2,506
Total assets$2,500,941$2,059,767$1,048,642$2,358,699$600,616
 
Liabilities20222021202020192018
Payables and accrued expenses$129,039$137,167$133,615$12,526$21,970
Other current liabilities$0$500$500$58,500$112,020
Total current liabilities$129,039$137,667$134,115$71,026$133,990
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$9,990$980$42,351$9,816$932
Total long-term liabilities$9,990$980$42,351$9,816$932
Total liabilities$139,029$138,647$176,466$80,842$134,922
 
Net assets20222021202020192018
Without donor restrictions$179,059$125,734$291,557$2,277,857$465,694
With donor restrictions$2,182,853$1,795,386$580,619$0$0
Net assets$2,361,912$1,921,120$872,176$2,277,857$465,694
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$4,321,368$5,227,098$3,271,813$4,119,840$1,773,605
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income($2,289)$168$0$0$0
Other revenue$0($84,030)($22,393)($95,211)($48,585)
Total other revenue($2,289)($83,862)($22,393)($95,211)($48,585)
Total revenue$4,319,079$5,143,236$3,249,420$4,024,629$1,725,020
 
Expenses20222021202020192018
Program services$3,744,889$3,998,930$4,582,363$2,096,467$1,480,273
Management and general$101,696$84,281$61,976$105,595$76,500
Fundraising$31,702$11,081$10,761$9,294$14,866
Total expenses$3,878,287$4,094,292$4,655,100$2,211,356$1,571,639
 
Change in net assets20222021202020192018
Surplus (deficit)$440,792$1,048,944($1,405,680)$1,813,273$153,381
Other changes in net assets$0$0$0$0$0
Total change in net assets$440,792$1,048,944($1,405,680)$1,813,273$153,381

Compensation

NameTitleCompensation
Christopher KrauseChair/Ex Dir$135,531
Moffat ZimbaMember$37,050

Compensation data as of: 12/31/2022


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/1/2023. To update the information below, please email: [email protected]


History

1988 - God calls the Zimbas to bring transformation into the lives of Zambian students, who could then help improve the lives of others, together bringing change to their nation.

2004 - After 16 years of tireless work, and with collaboration between Zambia, Australia, and the United States, Northrise was born. Initial enrollment was 50 students in downtown Ndola. Northrise was the first nationally recognized private university in Zambia.

Today - With over 1000 students currently enrolled and over 500 alumni, and in conjunction with its deep Christian worldview, full accreditation, and eleven degree programs, Northrise students are transforming their communities and nation.

For more details, visit: https://northrise.edu.zm/about/history/


Program accomplishments


Needs