Axim Collaborative Inc
82% goes to programs Strong reserves Declining revenue
Axim Collaborative Inc is a 501(c)(3) organization based in Cambridge, Massachusetts, registered in 2014, with $30,144,489 in FY2023 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
1 Broadway Ste 14, Cambridge, MA, 02142 EIN 46-0807740 Since 2014
Revenue (FY2023)
$30.1M
▲ 96.0% vs prior year
Education median: $200K
Expenses (FY2023)
$16.9M
Net assets
$748.3M
Employees
24
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating82% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Axim Collaborative Inc: 82% to programs earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating530 mo reserves · +44% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Axim Collaborative Inc: 530 mo reserves · +44% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Axim Collaborative Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Axim Collaborative Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The axim collaborative, inc. mission is to make learning more accessible, more relevant and more effective for all learners in support of strong student outcomes. axim collaborative, inc. is focused on students systematically and historically underserved by higher education systems. axim collaborative, inc. seeks to catalyze new digital and education practices that engage students in their course of study, enable them to persist through their programs and excel in their careers to realize greater social and economic mobility.
What they do
Axim collaborative, inc. supports the open source software open edx platform for online learning. this program's mission is to leverage open source technology to democratize education and to power advances in learning. see more at www.openedx.org
Contact & location
- Address
- 1 Broadway Ste 14, Cambridge, MA, 02142
- City
- Cambridge
- State
- Massachusetts
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $21.4M (FY2013) to $30.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.5MNet assets $748.3M
Operating margin
43.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$749.8M
Total liabilities
$1.5M
Net assets
$748.3M
Salaries & benefits
$5.7M
34% of expenses
Board members
8
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $30,144,489▲96.0% | $16,928,111▲83.9% | $748,332,334▲1.9% | $749,791,928▲2.0% | 990 |
| 2022 | $15,380,878▼98.2% | $9,203,446▼83.8% | $734,381,763▲2.3% | $734,942,016▲2.3% | 990 |
| 2021 | $834,605,979▲756% | $56,776,928▼57.0% | $718,184,402▲1340% | $718,634,723▲1670% | 990 |
| 2020 | $97,534,307▲15.2% | $131,913,038▲29.5% | -$57,900,605▼315% | $40,596,773▼16.3% | 990 |
| 2019 | $84,692,713▲11.4% | $101,844,402▲36.8% | -$13,964,835▼538% | $48,485,627▲11.0% | 990 |
| 2018 | $76,020,153▲26.9% | $74,437,114▲11.4% | $3,186,854▲128% | $43,668,830▲33.9% | 990 |
| 2017 | $59,894,721▲10.7% | $66,807,182▲17.1% | $1,399,275▼83.2% | $32,621,304▼9.2% | 990 |
| 2016 | $54,092,657▲26.4% | $57,073,054▲23.9% | $8,311,736▼26.4% | $35,922,260▼5.3% | 990 |
| 2015 | $42,808,106▲17.9% | $46,072,385▲26.6% | $11,292,133▼22.4% | $37,929,199▼3.1% | 990 |
| 2014 | $36,309,401▲69.4% | $36,382,888▲47.3% | $14,556,412▼0.5% | $39,125,559▲12.7% | 990 |
| 2013 | $21,432,057 | $24,702,712 | $14,629,899 | $34,701,912 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Nell Ma'luf — $424,611 (2.51% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nell Ma'luf | Clerk and General Counsel | 50 | $424,611 |
| Stephanie Khurana | President and Ceo | 50 | $397,497 |
| Peter Brau | Treasurer and Chief Financial Officer | 50 | $349,310 |
| Edward Zarecor | Vp, Engineering | 50 | $316,779 |
| Catherine Smith | Chief People and Partnerships Officer | 50 | $311,319 |
| Philipp Schmidt | Vp, Technology Innovation | 40 | $264,499 |
| Feanil Patel | Software Architect | 50 | $222,557 |
| David Ormsbee | Software Architect | 50 | $219,801 |
| Brian Mesick | Platform Architect (data) | 50 | $218,281 |
| Sarina Canelake | Engineering Manager | 50 | $200,943 |
| Jenna Makowski | Senior Product Manager | 50 | $172,356 |
| Alan Garber | Co-chair (outgoing) | 2 | — |
| Alan Spoon | Trustee | 1 | — |
| Bharat Anand | Trustee | 1 | — |
| Bridget Terry Long | Trustee | 1 | — |
| Cynthia Barnhart | Co-chair | 2 | — |
| Glen Shor | Trustee (outgoing) | 1 | — |
| John Manning | Co-chair (incoming) | 1 | — |
| Katherine Hammer | Trustee (incoming) | 1 | — |
| Meredith Weenick | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Ernst & Young Us LLP | Strategy Review Services | $510,648 |
| Flouzo Sarl Centre Ubidoca | Engineering Consulting Services | $466,931 |
| Tyton Partners | Consulting Services | $190,000 |
| On-ramps Services LLC | Recruiting Services | $152,463 |
| Bananasoft | Engineering Consulting Services | $147,015 |
Grants received · $27.4M total
12 grants to Axim Collaborative Inc totaling $27.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Massachusetts Higher Education Assistance Corporation | Career development | 2020 | $500,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2020 | $500,000 |
| Donor Advised Charitable Giving | Education | 2019 | $200,000 |
| Massachusetts Institute of Technology | Contribution | 2018 | $5,000,000 |
| President and Fellows of Harvard College | Comm. gifts & char. contrib. | 2018 | $5,000,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $1,000,100 |
| President and Fellows of Harvard College | Comm. gifts & char. contrib. | 2017 | $5,000,000 |
| President and Fellows of Harvard College | Comm. gifts & char. contrib. | 2017 | $5,000,000 |
| President and Fellows of Harvard College | Charitable contributions | 2016 | $5,000,000 |
| Morgan Stanley Global Impact Funding Trust Inc | General support | 2016 | $250 |
| Morgan Stanley Global Impact Funding Trust Inc | General support | 2015 | — |
| Morgan Stanley Global Impact Funding Trust Inc | General support | 2014 | $200,000 |
Grants made · $6.4M in FY2023
13 grants totaling $6.4M in FY2023. All grants made by Axim Collaborative Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Arizona State University Foundation For A New American University | Grant | $1,074,841 |
| Partnership For Ed Advancement Inc | Grant | $705,000 |
| Massachusetts Institute of Technology | Grant | $656,442 |
| Education Design Lab | Grant | $554,875 |
| President and Fellows of Harvard College | Grant | $536,400 |
| Benjamin Franklin Cummings Institute of Technology | Grant | $500,000 |
| Georgia State University Foundation Inc | Grant | $500,000 |
| Lorain County Community College Foundation | Grant | $500,000 |
| Mdrc | Grant | $500,000 |
| The College of the Canyons Foundation | Grant | $287,485 |
| Carnegie Mellon University | Grant | $280,992 |
| Realize Impact | Grant | $200,000 |
| Northern Essex Community College Foundation Inc | Grant | $108,200 |
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Frequently asked questions
- Is Axim Collaborative Inc a legitimate nonprofit?
- Yes. Axim Collaborative Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-0807740, based in Cambridge, Massachusetts. Donations are tax-deductible.
- What is Axim Collaborative Inc's EIN?
- Axim Collaborative Inc's Employer Identification Number (EIN) is 46-0807740.
- How much revenue does Axim Collaborative Inc report?
- Axim Collaborative Inc reported $30,144,489 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Axim Collaborative Inc's spending goes to programs?
- Axim Collaborative Inc spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Axim Collaborative Inc have?
- CharityIndex grades Axim Collaborative Inc A, based on program efficiency and fundraising cost.
- How much does Axim Collaborative Inc's highest-paid employee make?
- The highest reported compensation on Axim Collaborative Inc's latest Form 990 is $424,611, paid to Nell Ma'luf (Clerk and General Counsel).
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Explore more
Data for Axim Collaborative Inc (EIN 46-0807740) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.