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Axim Collaborative

Cambridge, MA · EIN 46-0807740 · 501(c)(3) · Supporting organization, Type I
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Axim Collaborative reported $25.0 million in revenue and $23.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.31 went to program services, $17.69 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 99.4% of the total. The highest compensation it reported for one person was $1,103,532 (Co-Chair). 19 people received more than $100,000 in reportable compensation. Revenue fell 71% between FY2020 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 $24M

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 $25M

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)
82.3%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
17.7%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
Not reported$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.6%69.9%
Highest reported compensation
Part VII-A, columns D–F
$1,103,532$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
4.64%1.28%
People paid over $100,000
Part VII, line 2
198
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
406.713.3
Independent voting board members
Part VI 1a–1b
1 of 8100.0%

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
$13M expenses · 65.2% of program spending · grants $9.3M · revenue $52,850

Axim Collaborative, inc. Advances education transformation through partnerships, grant making, convenings and deep collaboration with partners and thought leaders whose goal it is to enable student success through catalyzing new digital and educational practices. See more at www.axim.org

$6.8M expenses · 34.8% of program spending · revenue $94,102

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

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
Co-Chair
Director/trustee, 2.0 hrs/week
$0$1,084,227$19,305$1,103,532
Co-Chair
Director/trustee, 2.0 hrs/week
$0$985,882$76,097$1,061,979
Trustee (Incoming)
Director/trustee, 1.0 hrs/week
$0$813,378$82,404$895,782
Trustee
Director/trustee, 1.0 hrs/week
$0$825,207$57,623$882,830
Trustee
Director/trustee, 1.0 hrs/week
$0$727,284$44,906$772,190
Trustee
Director/trustee, 1.0 hrs/week
$0$614,649$79,422$694,071
Trustee (Outgoing)
Director/trustee, 1.0 hrs/week
$0$606,669$42,362$649,031
Trustee
Director/trustee, 1.0 hrs/week
$0$535,027$38,487$573,514

19 people received more than $100,000 in reportable compensation from Axim Collaborative (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$25M$24M82.3%$806M$1,103,532
FY2024 ⓘ$30M$17M81.8%$748M$1,165,036
FY2023 ⓘ$15M$9.2M69.7%$734M$2,394,548
FY2022 ⓘ$835M$57M83.7%$718M$1,204,419
FY2021 ⓘ$98M$132M85.0%−$58M$1,024,500
FY2020 ⓘ$85M$102M92.9%−$14M$955,759

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–1b8 · 1 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • 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 2Yes
  • 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 14bYes
  • Employees Part I, line 522

Correct a figure or respond

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

Questions people ask

How much of Axim Collaborative's spending goes to programs?

In the fiscal year ending June 30, 2025, Axim Collaborative reported that 82.3% of its $23.8 million in expenses went to program services, 17.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Axim Collaborative pay its top executive?

The largest total compensation Axim Collaborative reported for one person in the fiscal year ending June 30, 2025 was $1,103,532, for the role of Co-Chair (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Axim Collaborative get its money?

Of $25.0 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 0.6% from program service revenue (Form 990, Part VIII).

Is Axim Collaborative a registered charity?

The IRS lists EIN 46-0807740 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 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 202611359349303141 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531349349302378 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401359349305020 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311329349308161 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241339349301904 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141349349300224 · read the filing

All filings for EIN 46-0807740: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.