Charity Impact Media

Home › Education

AXL Academy Charter School

Aurora, CO · EIN 20-3841235 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

AXL Academy Charter School reported $11.0 million in revenue and $10.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.62 went to program services, $8.38 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 92.0% of the total. Government grants made up 7.3%. The highest compensation it reported for one person was $160,180 (Principal). 2 people received more than $100,000 in reportable compensation. Revenue rose 109% between FY2021 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $10M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
91.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
8.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
7.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
7.3%1.1%
Program service revenue share
Part VIII 2g ÷ 12
92.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$160,180$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.54%1.28%
People paid over $100,000
Part VII, line 2
28
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-5.113.3
Independent voting board members
Part VI 1a–1b
6 of 6100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$9.5M expenses · 100.0% of program spending · grants $797K · revenue $11M

Program service expenses include all costs necessary to operate a PK-8 charter school

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Principal
Officer, key employee, highest compensated employee, 40.00 hrs/week
$123,875$0$36,305$160,180
Operations Director
Officer, key employee, highest compensated employee, 40.00 hrs/week
$121,149$0$35,454$156,603
Crew Culture Leader
Key employee, highest compensated employee, 0.00 hrs/week
$92,033$0$28,711$120,744
Crew Culture Leader
Key employee, highest compensated employee, 0.00 hrs/week
$87,500$0$27,910$115,410
CLDE Teacher Leader
Key employee, highest compensated employee, 40.00 hrs/week
$85,056$0$27,261$112,317

2 people received more than $100,000 in reportable compensation from AXL Academy Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $510K (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2021FY2022FY2023FY2024FY2025$11M$10M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$11M$10M91.6%−$4.4M$160,180
FY2024 ⓘ$11M$12M96.2%−$4.6M$175,224
FY2023 ⓘ$5.1M$5.4M84.2%−$5.1M$148,183
FY2022 ⓘ$5.1M$5.0M56.9%−$3.8M$80,577
FY2021 ⓘ$5.3M$5.1M57.2%−$5.9M$138,639

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b6 · 6 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 566
  • Volunteers Part I, line 610

Private foundation grants it received

2 private foundations reported grants to AXL Academy Charter School totaling $45,186 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from AXL Academy Charter School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for AXL Academy Charter School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Colorado

Questions people ask

How much of AXL Academy Charter School's spending goes to programs?

In the fiscal year ending June 30, 2025, AXL Academy Charter School reported that 91.6% of its $10.4 million in expenses went to program services, 8.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does AXL Academy Charter School pay its top executive?

The largest total compensation AXL Academy Charter School reported for one person in the fiscal year ending June 30, 2025 was $160,180, for the role of Principal (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does AXL Academy Charter School get its money?

Of $11.0 million in revenue in the fiscal year ending June 30, 2025, 7.3% came from contributions and grants (including 7.3% from government grants) and 92.0% from program service revenue (Form 990, Part VIII).

Is AXL Academy Charter School a registered charity?

The IRS lists EIN 20-3841235 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202630139349300533 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202510499349300226 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202323419349300712 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341219349301744 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202103199349314705 · read the filing

All filings for EIN 20-3841235: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.