AXIM COLLABORATIVE INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- AXIM COLLABORATIVE INC (EIN 46-0807740)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-12
- IRS object ID
- 202311329349308161
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule J
- Schedule N
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-12T20:39:36+00:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 460807740 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Axim Collaborative Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AXIM | BusinessNameControlTxt |
| Phone | 6172532744 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Broadway 14th Floor | AddressLine1Txt |
| City | Cambridge | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02142 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Peter Brau | PersonNm |
| Person Title | Treasurer and CFO | PersonTitleTxt |
| Phone | 6173247059 | PhoneNum |
| Signature | 2023-05-12 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Peter | PersonFirstNm |
| Person Last | Brau | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Change | Yes (X) | NameChangeInd |
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Stephanie Khurana | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Broadway 14th Floor | AddressLine1Txt |
| City | Cambridge | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02142 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $833,729,841 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | https://axim.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2012 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | THE AXIM COLLABORATIVE, INC. (EDX INC. / THE CENTER FOR REIMAGINING LEARNING, INC.) MISSION IS TO EXPAND ACCESS TO EDUCATION AND BECOME A LEADING RESOURCE FOR LEARNERS AND LEARNING WORLDWIDE BY PROVIDING AND ENHANCING TEACHING AND LEARNING ON CAMPUS AND ONLINE THROUGH ADVANCED TECHNOLOGIES AND RESEARCH. | ActivityOrMissionDesc |
| Contract Termination | Yes (X) | ContractTerminationInd |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 1 | VotingMembersIndependentCnt |
| Total Employee | 293 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,858,654 | PYContributionsGrantsAmt |
| CY Contributions Grants | $287,754 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $95,332,377 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $31,193,814 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,556 | PYInvestmentIncomeAmt |
| CY Investment Income | $802,912,015 | CYInvestmentIncomeAmt |
| PY Other Revenue | $338,720 | PYOtherRevenueAmt |
| CY Other Revenue | $212,396 | CYOtherRevenueAmt |
| PY Total Revenue | $97,534,307 | PYTotalRevenueAmt |
| CY Total Revenue | $834,605,979 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,150 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $44,338,822 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $22,999,507 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,309 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $87,573,066 | PYOtherExpensesAmt |
| CY Other Expenses | $33,777,421 | CYOtherExpensesAmt |
| PY Total Expenses | $131,913,038 | PYTotalExpensesAmt |
| CY Total Expenses | $56,776,928 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$34,378,731 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $777,829,051 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $40,596,773 | TotalAssetsBOYAmt |
| Total Assets EOY | $718,634,723 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $98,497,378 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $450,321 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$57,900,605 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $718,184,402 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE AXIM COLLABORATIVE, INC. (EDX INC. / THE CENTER FOR REIMAGINING LEARNING, INC.) MISSION IS TO EXPAND ACCESS TO EDUCATION AND BECOME A LEADING RESOURCE FOR LEARNERS AND LEARNING WORLDWIDE BY PROVIDING AND ENHANCING TEACHING AND LEARNING ON CAMPUS AND ONLINE THROUGH ADVANCED TECHNOLOGIES AND RESEARCH. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | Yes (true) | SignificantChangeInd |
| Expense | $47,501,271 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $31,406,210 | RevenueAmt |
| Desc | AXIM COLLABORATIVE, INC.'S LARGEST PROGRAM SERVICE ACTIVITIES ARE TO DEVELOP A LEARNING PLATFORM AS OPEN SOURCE SOFTWARE AND TO HOST ITS PARTNERS COURSES ON THAT PLATFORM, IN ORDER TO PROVIDE HIGH QUALITY ONLINE EDUCATIONAL EXPERIENCES WORLDWIDE. TOTAL ENROLLMENTS WERE APPROXIMATELY 83 MILLION WITH OVER 4,103 ONLINE COURSES. | Desc |
| Total Program Service Expenses | $47,501,271 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | Yes (true) | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 23 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 293 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 1 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Peter Brau | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6173247059 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Broadway 14th Floor | AddressLine1Txt |
| City | Cambridge | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02142 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Anant Agarwal | ||||||||||
| CEO and President (Outgoing) | 60.0 | 0 | Yes (X) | Yes (X) | $1,136,959 | $0 | $67,460 | |||
| Alan Garber | ||||||||||
| Co-Chair | 2.0 | 60.0 | Yes (X) | $0 | $731,497 | $214,662 | ||||
| Alan Spoon | ||||||||||
| Trustee | 1.0 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Bharat Anand | ||||||||||
| Trustee | 1.0 | 60.0 | Yes (X) | $0 | $762,035 | $37,433 | ||||
| Bridget Terry Long | ||||||||||
| Trustee | 1.0 | 60.0 | Yes (X) | $0 | $599,365 | $69,269 | ||||
| Cynthia Barnhart | ||||||||||
| Co-Chair (Incoming) | 2.0 | 60.0 | Yes (X) | $0 | $540,810 | $16,028 | ||||
| Glen Shor | ||||||||||
| Trustee | 1.0 | 60.0 | Yes (X) | $0 | $690,228 | $65,733 | ||||
| Jeff Bussgang | ||||||||||
| Trustee | 1.0 | 60.0 | Yes (X) | $0 | $135,595 | $8,388 | ||||
| Katherine Lapp | ||||||||||
| Trustee | 1.0 | 60.0 | Yes (X) | $0 | $736,446 | $47,393 | ||||
| Martin Schmidt | ||||||||||
| Co-Chair (Outgoing) | 2.0 | 60.0 | Yes (X) | $0 | $741,078 | $85,945 | ||||
| Sanjay Sarma | ||||||||||
| Trustee | 1.0 | 60.0 | Yes (X) | $0 | $475,665 | $152,901 | ||||
| Catherine Smith | ||||||||||
| President (Incoming) | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Nell Ma'luf | ||||||||||
| Clerk and General Counsel | 60.0 | 0 | Yes (X) | $612,385 | $0 | $19,910 | ||||
| Peter Brau | ||||||||||
| Treasurer and Chief Financial Officer | 60.0 | 0 | Yes (X) | $486,490 | $0 | $43,737 | ||||
| Edward Zarecor | ||||||||||
| VP, Engineering | 60.0 | 0 | $154,120 | $0 | $13,649 | Yes (X) | ||||
| Jean-Philippe Beaudry | ||||||||||
| Chief Technology Officer | 60.0 | 0 | $642,427 | $0 | $15,295 | Yes (X) | ||||
| Johannes Heinlein | ||||||||||
| Chief Commercial Officer and SVP, Strategic Partnerships | 60.0 | 0 | $651,472 | $0 | $41,400 | Yes (X) | ||||
| Kathleen Pugh | ||||||||||
| VP, Content and Partner Success | 60.0 | 0 | $450,724 | $0 | $41,787 | Yes (X) | ||||
| Lauren Holliday | ||||||||||
| VP, Product | 60.0 | 0 | $494,570 | $0 | $38,784 | Yes (X) | ||||
| Nina Huntemann | ||||||||||
| VP, Learning | 60.0 | 0 | $275,265 | $0 | $15,129 | Yes (X) | ||||
| Stephanie Brocoum | ||||||||||
| Chief Marketing Officer | 60.0 | 0 | $617,368 | $0 | $30,718 | Yes (X) | ||||
| Bonnie Vanzler | ||||||||||
| Senior Legal Counsel | 60.0 | 0 | $313,583 | $0 | $17,205 | Yes (X) | ||||
| Clive Wright | ||||||||||
| VP, Sales and Client Success | 60.0 | 0 | $315,143 | $0 | $38,869 | Yes (X) | ||||
| Jennifer McGowan | ||||||||||
| Senior Legal Counsel | 60.0 | 0 | $306,967 | $0 | $41,767 | Yes (X) | ||||
| Lee Rubenstein | ||||||||||
| VP, Business Development | 60.0 | 0 | $386,952 | $0 | $30,241 | Yes (X) | ||||
| Sean Foye | ||||||||||
| Controller | 60.0 | 0 | $316,808 | $0 | $13,215 | Yes (X) | ||||
| Adam Medros | ||||||||||
| Former President and Co-CEO | 40.0 | 0 | $205,562 | $0 | $19,713 | Yes (X) | ||||
| Michael Hebert | ||||||||||
| Former Senior Director of People and Culture | 40.0 | 0 | $107,446 | $0 | $4,231 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $7,474,241 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $5,412,719 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,190,863 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 149 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| THE KLEIN GROUP LLC | |||||
| 640 5TH AVENUE 14TH FLOOR | NEW YORK | NY | 10019 | FINANCIAL SERVICES | $3,200,000 |
| GOODWIN PROCTER LLP | |||||
| 100 NORTHERN AVENUE | BOSTON | MA | 02210 | LEGAL SERVICES | $2,354,177 |
| ARBISOFT LLC | |||||
| 2035 CENTRAL CIRCLE 201 | MCKINNEY | TX | 75069 | ENGINEERING CONSULTING SERVICES | $1,724,249 |
| PRICEWATERHOUSECOOPERS LLP | |||||
| PO BOX 7247-8001 | PHILADELPHIA | PA | 19170 | ACCOUNTING SERVICES | $779,082 |
| MATERIAL ADVANTAGE LLC | |||||
| 12 STEDMAN ROAD | LEXINGTON | MA | 02421 | EXECUTIVE CONSULTING SERVICES | $229,195 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $287,754 | AllOtherContributionsAmt |
| Total Contributions | $287,754 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| CERTIFICATES REVENUE | 611710 | $27,684,708 | $27,684,708 |
| TUITION REVENUE | 611710 | $3,367,695 | $3,367,695 |
| SUPPORTED COURSE REVENUE | 611710 | $141,411 | $141,411 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $31,193,814 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,854,450 | TotalRevenueColumnAmt |
| Exclusion | $1,854,450 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $181,427 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $181,427 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $800,000,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$1,057,565 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $801,057,565 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $801,057,565 | TotalRevenueColumnAmt |
| Exclusion | $801,057,565 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EVENT REVENUE | 611710 | $133,428 | $133,428 |
| REFERRAL REVENUE | 611710 | $78,968 | $78,968 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $212,396 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $834,605,979 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $31,406,210 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $802,912,015 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,516,568 | TotalAmt |
| Program Services | $1,963,698 | ProgramServicesAmt |
| Management And General | $552,870 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,934,002 | TotalAmt |
| Program Services | $12,431,626 | ProgramServicesAmt |
| Management And General | $3,500,067 | ManagementAndGeneralAmt |
| Fundraising | $2,309 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $684,822 | TotalAmt |
| Program Services | $534,372 | ProgramServicesAmt |
| Management And General | $150,450 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,829,279 | TotalAmt |
| Program Services | $2,207,709 | ProgramServicesAmt |
| Management And General | $621,570 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,034,836 | TotalAmt |
| Program Services | $807,491 | ProgramServicesAmt |
| Management And General | $227,345 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $444,093 | TotalAmt |
| Program Services | $346,529 | ProgramServicesAmt |
| Management And General | $97,564 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $635,800 | TotalAmt |
| Program Services | $496,120 | ProgramServicesAmt |
| Management And General | $139,680 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,786 | TotalAmt |
| Program Services | $74,743 | ProgramServicesAmt |
| Management And General | $21,043 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,144,273 | TotalAmt |
| Program Services | $10,256,580 | ProgramServicesAmt |
| Management And General | $2,887,693 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,169 | TotalAmt |
| Program Services | $18,859 | ProgramServicesAmt |
| Management And General | $5,310 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,662,469 | TotalAmt |
| Program Services | $1,297,238 | ProgramServicesAmt |
| Management And General | $365,231 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,079 | TotalAmt |
| Program Services | $55,464 | ProgramServicesAmt |
| Management And General | $15,615 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,429,735 | TotalAmt |
| Program Services | $14,429,735 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,145,564 | TotalAmt |
| Program Services | $893,893 | ProgramServicesAmt |
| Management And General | $251,671 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,714 | TotalAmt |
| Program Services | $57,520 | ProgramServicesAmt |
| Management And General | $16,194 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,259 | TotalAmt |
| Program Services | $53,263 | ProgramServicesAmt |
| Management And General | $14,996 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $590,596 | TotalAmt |
| Program Services | $460,847 | ProgramServicesAmt |
| Management And General | $129,749 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,672 | TotalAmt |
| Program Services | $125,374 | ProgramServicesAmt |
| Management And General | $35,298 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,278 | TotalAmt |
| Program Services | $126,627 | ProgramServicesAmt |
| Management And General | $35,651 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| ADMIN FEES - MIT | $225,633 | $176,063 | $49,570 |
| COURSE MATERIALS | $70,034 | $70,034 | |
| VERIFICATION FEES | $64,297 | $50,171 | $14,126 |
| PROCTORING FEES | $64,175 | $64,175 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $644,795 | TotalAmt |
| Program Services | $503,140 | ProgramServicesAmt |
| Management And General | $141,655 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,776,928 | TotalAmt |
| Program Services | $47,501,271 | ProgramServicesAmt |
| Management And General | $9,273,348 | ManagementAndGeneralAmt |
| Fundraising | $2,309 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,194,014 | BOYAmt |
| EOY | $1,008,591 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $650,423,116 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,741,846 | BOYAmt |
| EOY | $13,000,000 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,092,233 | BOYAmt |
| EOY | $187,511 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $568,680 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $54,015,505 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,596,773 | BOYAmt |
| EOY | $718,634,723 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,900,546 | BOYAmt |
| EOY | $450,321 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,866,932 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,729,900 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,497,378 | BOYAmt |
| EOY | $450,321 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$58,422,392 | BOYAmt |
| EOY | $718,184,402 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $521,787 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$57,900,605 | BOYAmt |
| EOY | $718,184,402 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,596,773 | BOYAmt |
| EOY | $718,634,723 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $777,829,051 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,222,258 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$521,786 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 2 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (2 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | ||||
| 042103594 | 2 | Yes (true) | $0 | $0 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | ||||
| 042103580 | 2 | Yes (true) | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 2 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | false | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | Yes (true) | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | false | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | false | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | false | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | false | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | false | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | false | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | false | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | false | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | false | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | false | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (true) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | false | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part IV, Section A, Line 1 Supported Orgs Listed By Name | THE ORGANIZATION'S SUPPORTED ORGANIZATIONS INCLUDE EDUCATIONAL ORGANIZATIONS DESCRIBED IN SECTION 509(A)(1) OR (2) OF THE INTERNAL REVENUE CODE. |
| Schedule A, Part IV, Section A, Line 2 Supported Org. Without IRS Status 509(a)1 or (2) | THE ORGANIZATION'S SUPPORTED ORGANIZATIONS INCLUDE EDUCATIONAL ORGANIZATIONS DESCRIBED IN SECTION 509(A)(1) OR (2) OF THE INTERNAL REVENUE CODE. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT PORTFOLIO | Desc |
| Book Value | $54,015,505 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $54,015,505 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc |
|---|
| LINE OF CREDIT FROM AFFILIATES |
| LEASE LIABILITY |
| DUE TO AFFILIATE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $0 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $818,503,221 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | -$1,673,023 | OtherRevenueAmt |
| Revenue Not Reported | -$1,673,023 | RevenueNotReportedAmt |
| Revenue Subtotal | $820,176,244 | RevenueSubtotalAmt |
| Other Revenues Not Included | $14,429,735 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $14,429,735 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $834,605,979 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $41,896,428 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$450,765 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$450,765 | ExpensesNotReportedAmt |
| Expenses Subtotal | $42,347,193 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $14,429,735 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $14,429,735 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $56,776,928 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | THE ORGANIZATION TOOK AN UNCERTAIN TAX POSITION AS IT WAS UNCLEAR WHETHER THE TYPE OF COURSES HOSTED BY THE ORGANIZATION WERE ELIGIBLE FOR VAT OR OTHER TYPES OF TAXES. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | INVESTMENT INCOME - -1825719 INTEREST EARNED - -28731 GROSS RENTAL INCOME NETTED WITH RENTAL EXPENSES - 181427 |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | SERVICE REVENUE NETTED WITH ROYALTY EXPENSES - 14429735 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | INVESTMENT INCOME - -1825719 INTEREST EARNED - -28731 RENTAL EXPENSES NETTED WITH GROSS RENTAL INCOME - 181427 UNREALIZED GAIN (LOSS) ON INVESTMENTS - 1222258 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | ROYALTY EXPENSES NETTED WITH SERVICE REVENUES - 14429735 |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| Central America and the Caribbean | Program Services | SERVICES | $32,302 |
| East Asia and the Pacific | Program Services | SERVICES | $897,424 |
| Europe (Including Iceland and Greenland) | Program Services | SERVICES | $1,615,323 |
| Middle East and North Africa | Program Services | SERVICES | $15,859 |
| North America (Canada & Mexico only) | Program Services | SERVICES | $383,373 |
| Russia and Neighboring States | Program Services | SERVICES | $1,188 |
| South America | Program Services | SERVICES | $147,144 |
| South Asia | Program Services | SERVICES | $163,049 |
| Sub-Saharan Africa | Program Services | SERVICES | $3,241 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $3,258,903 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $3,258,903 | TotalSpentAmt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | FormAndLineReferenceDesc |
| Explanation | CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | Yes (true) | InitialContractExceptionInd |
| Rebuttable Presumption Proc | Yes (true) | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (25 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Anant Agarwal | ||||||||||||||
| CEO and President (Outgoing) | $471,904 | $0 | $604,292 | $0 | $60,762 | $0 | $14,500 | $0 | $52,960 | $0 | $1,204,419 | $0 | $0 | $0 |
| Cynthia Barnhart | ||||||||||||||
| Co-Chair (Incoming) | $0 | $517,603 | $0 | $0 | $0 | $23,208 | $0 | $14,500 | $0 | $1,528 | $0 | $556,839 | $0 | $0 |
| Martin Schmidt | ||||||||||||||
| Co-Chair (Outgoing) | $0 | $702,607 | $0 | $0 | $0 | $38,471 | $0 | $52,200 | $0 | $33,745 | $0 | $827,023 | $0 | $0 |
| Alan Garber | ||||||||||||||
| Co-Chair | $0 | $686,209 | $0 | $40,000 | $0 | $5,288 | $0 | $36,360 | $0 | $178,302 | $0 | $946,159 | $0 | $0 |
| Bharat Anand | ||||||||||||||
| Trustee | $0 | $420,462 | $0 | $111,500 | $0 | $230,073 | $0 | $36,360 | $0 | $1,073 | $0 | $799,468 | $0 | $0 |
| Bridget Terry Long | ||||||||||||||
| Trustee | $0 | $494,693 | $0 | $20,000 | $0 | $84,672 | $0 | $36,360 | $0 | $32,909 | $0 | $668,634 | $0 | $0 |
| Glen Shor | ||||||||||||||
| Trustee | $0 | $668,731 | $0 | $0 | $0 | $21,497 | $0 | $34,174 | $0 | $31,559 | $0 | $755,961 | $0 | $0 |
| Katherine Lapp | ||||||||||||||
| Trustee | $0 | $671,677 | $0 | $40,000 | $0 | $24,769 | $0 | $36,360 | $0 | $11,033 | $0 | $783,839 | $0 | $0 |
| Sanjay Sarma | ||||||||||||||
| Trustee | $0 | $446,009 | $0 | $0 | $0 | $29,656 | $0 | $37,700 | $0 | $115,201 | $0 | $628,566 | $0 | $0 |
| Adam Medros | ||||||||||||||
| Former President and Co-CEO | $170,258 | $0 | $0 | $0 | $35,304 | $0 | $8,742 | $0 | $10,971 | $0 | $225,275 | $0 | $0 | $0 |
| Nell Ma'luf | ||||||||||||||
| Clerk and General Counsel | $291,592 | $0 | $275,760 | $0 | $45,033 | $0 | $9,767 | $0 | $10,143 | $0 | $632,295 | $0 | $0 | $0 |
| Peter Brau | ||||||||||||||
| Treasurer and Chief Financial Officer | $232,528 | $0 | $220,808 | $0 | $33,155 | $0 | $13,026 | $0 | $30,711 | $0 | $530,227 | $0 | $0 | $0 |
| Michael Hebert | ||||||||||||||
| Former Senior Director of People and Culture | $29,046 | $0 | $0 | $0 | $78,399 | $0 | $1,470 | $0 | $2,761 | $0 | $111,677 | $0 | $0 | $0 |
| Edward Zarecor | ||||||||||||||
| VP, Engineering | $83,908 | $0 | $61,032 | $0 | $9,179 | $0 | $4,173 | $0 | $9,476 | $0 | $167,769 | $0 | $0 | $0 |
| Jean-Philippe Beaudry | ||||||||||||||
| Chief Technology Officer | $319,084 | $0 | $303,959 | $0 | $19,384 | $0 | $14,250 | $0 | $1,045 | $0 | $657,722 | $0 | $0 | $0 |
| Johannes Heinlein | ||||||||||||||
| Chief Commercial Officer and SVP, Strategic Partnerships | $315,808 | $0 | $311,555 | $0 | $24,109 | $0 | $14,250 | $0 | $27,150 | $0 | $692,872 | $0 | $0 | $0 |
| Kathleen Pugh | ||||||||||||||
| VP, Content and Partner Success | $220,230 | $0 | $221,166 | $0 | $9,328 | $0 | $14,250 | $0 | $27,537 | $0 | $492,511 | $0 | $0 | $0 |
| Lauren Holliday | ||||||||||||||
| VP, Product | $241,429 | $0 | $240,275 | $0 | $12,866 | $0 | $14,250 | $0 | $24,534 | $0 | $533,354 | $0 | $0 | $0 |
| Nina Huntemann | ||||||||||||||
| VP, Learning | $200,253 | $0 | $71,512 | $0 | $3,500 | $0 | $13,731 | $0 | $1,397 | $0 | $290,393 | $0 | $0 | $0 |
| Stephanie Brocoum | ||||||||||||||
| Chief Marketing Officer | $301,922 | $0 | $295,906 | $0 | $19,540 | $0 | $14,250 | $0 | $16,468 | $0 | $648,086 | $0 | $0 | $0 |
| Bonnie Vanzler | ||||||||||||||
| Senior Legal Counsel | $166,348 | $0 | $143,735 | $0 | $3,500 | $0 | $8,605 | $0 | $8,600 | $0 | $330,788 | $0 | $0 | $0 |
| Clive Wright | ||||||||||||||
| VP, Sales and Client Success | $218,516 | $0 | $89,347 | $0 | $7,280 | $0 | $14,250 | $0 | $24,619 | $0 | $354,012 | $0 | $0 | $0 |
| Sean Foye | ||||||||||||||
| Controller | $165,588 | $0 | $129,671 | $0 | $21,549 | $0 | $9,715 | $0 | $3,501 | $0 | $330,024 | $0 | $0 | $0 |
| Lee Rubenstein | ||||||||||||||
| VP, Business Development | $265,194 | $0 | $107,346 | $0 | $14,411 | $0 | $13,405 | $0 | $16,836 | $0 | $417,193 | $0 | $0 | $0 |
| Jennifer McGowan | ||||||||||||||
| Senior Legal Counsel | $156,481 | $0 | $146,987 | $0 | $3,500 | $0 | $8,796 | $0 | $32,971 | $0 | $348,734 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 4a Severance or change-of-control payment | MICHAEL HEBERT RECEIVED A SEVERANCE PAYMENT OF $78,200 FROM AXIM COLLABORATIVE, INC. DURING CALENDAR YEAR 2021. |
| Schedule J, Part I, Line 7 Non-fixed payments | TWO BONUSES WERE PAID - BONUSES AWARDED FOR OUTSTANDING PERFORMANCE AND RETENTION BONUSES FOR SIGNIFICANT EXTRA WORK REQUIRED OF LEADERSHIP STAFF IN LIGHT OF THE POTENTIAL TRANSACTION AND THE NEED TO ENSURE CONTINUITY REGARDLESS OF THE TRANSACTION OUTCOME. |
| Schedule J, Part I, Line 8 Payments on contract that is subject to the initial contract exception | NEW INTERIM CHIEF OPERATING OFFICER WAS HIRED. |
Schedule N IRS990ScheduleN
Disposition Of Assets Detail DispositionOfAssetsDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Distri Or Expnss Paid | CONTRIBUTED ASSETS AND ASSUMED LIABILITIES OF CIRCUIT SUB LLC ARE ACQUIRED BY 2U, INC. | AssetsDistriOrExpnssPaidDesc |
| Distribution | 2021-11-16 | DistributionDt |
| Fair Market Value Of Asset | $801,057,565 | FairMarketValueOfAssetAmt |
| Method Of FMV Determination | BOOK VALUE | MethodOfFMVDeterminationTxt |
| EIN | 262335939 | EIN |
| Person | 2U INC | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7900 HARKINS ROAD | AddressLine1Txt |
| City | LANHAM | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20706 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRC Section | C CORP | IRCSectionTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor2 | false | DirectorOfSuccessor2Ind |
| Employee Of Successor2 | Yes (true) | EmployeeOfSuccessor2Ind |
| Owner Of Successor2 | false | OwnerOfSuccessor2Ind |
| Receive Compensation2 | Yes (true) | ReceiveCompensation2Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule N, Part II, Line 2b Interested person is an employee of ind. contractor of transferee org. | KEY EMPLOYEES ANANT AGARWAL (ALSO AN OFFICER/TRUSTEE), JEAN-PHILIPPE BEAUDRY, STEPHANIE BROCOUM, LAUREN HOLLIDAY, AND KATHLEEN PUGH BECAME EMPLOYEES OF 2U, INC., THE TRANSFEREE ORGANIZATION. |
| Schedule N, Part II, Line 2d Interested person received compensation from significant disposition | AXIM COLLABORATIVE, INC. ENTERED RETENTION BONUS AGREEMENTS WITH THE LEADERSHIP TEAM THAT PROVIDED FOR PAYMENT AT THE END OF THE FOLLOWING FISCAL YEAR, WITH EARLY PAYMENT BEING TRIGGERED IN CERTAIN CIRCUMSTANCES INCLUDING A TRANSACTION THAT RESULTED IN THE TRANSFER OF SUBSTANTIALLY ALL OF AXIM COLLABORATIVE INC.'S ASSETS. PAYMENT UNDER THESE AGREEMENTS WAS MADE TO THE FOLLOWING KEY EMPLOYEES: ANANT AGARWAL (ALSO AN OFFICER/TRUSTEE), JEAN-PHILIPPE BEAUDRY, PETER BRAU (ALSO AN OFFICER), STEPHANIE BROCOUM, JOHANNES HEINLEIN, LAUREN HOLLIDAY, NELL MA'LUF (ALSO AN OFFICER), AND KATHLEEN PUGH. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (14 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 3 Significant changes in program services | ON JUNE 28, 2021, THE CENTER FOR REIMAGINING LEARNING ("TCRIL", FORMERLY KNOWN AS EDX INC. AND NOW KNOWN AS AXIM COLLABORATIVE, INC.) ENTERED INTO A DEFINITIVE AGREEMENT WITH 2U, INC. (THE "TRANSACTION"). THIS AGREEMENT DETAILS THE SALE OF THE MEMBERSHIP INTERESTS OF CIRCUIT SUB LLC TO 2U, INC. CIRCUIT SUB LLC WAS A WHOLLY OWNED SUBSIDIARY OF TCRIL AND WAS CREATED ON JUNE 25, 2021, FOR THE SOLE PURPOSE OF THIS SALE AND BY THE DATE OF CLOSING, HELD SUBSTANTIALLY ALL OF THE ASSETS OF THE ENTITY FORMERLY KNOWN AS EDX INC, INCLUDING THE BRAND, WEBSITE, AND MARKETPLACE. THE TRANSACTION CLOSED ON NOVEMBER 16, 2021. PRIOR TO THE TRANSACTION, TCRIL OWNED AND OPERATED AN OPEN ONLINE COURSE PLATFORM (EDX.ORG). ITS OPERATIONS AND FINANCIAL RESULTS REFLECTED THE RESULTS OF THIS WORK. POST-TRANSACTION, TCRIL IS CARRYING OUT ITS MISSION THROUGH BOTH PROGRAMMATIC AND GRANT ACTIVITY ALIGNED WITH ITS MISSION AND THE ONGOING DEVELOPMENT AND STEWARDSHIP OF THE OPEN EDX LEARNING PLATFORM. |
| Form 990, Part VI, Line 2 BUSINESS RELATIONSHIP | FOR FISCAL YEAR 2022, THE FOLLOWING CURRENT OFFICERS/DIRECTORS OF AXIM COLLABORATIVE, INC. WERE EMPLOYED BY MIT, OF WHICH GLEN SHOR WAS A DIRECTOR: CYNTHIA BARNHART, MARTIN SCHMIDT AND SANJAY SARMA. FOR FISCAL YEAR 2022, THE FOLLOWING CURRENT OFFICERS/DIRECTORS OF AXIM COLLABORATIVE, INC. WERE EMPLOYED BY HARVARD, OF WHICH KATHERINE LAPP WAS AN OFFICER AND DIRECTOR: ALAN GARBER, BHARAT ANAND, BRIDGET TERRY LONG, AND JEFF BUSSGANG. |
| Form 990, Part VI, Line 15 COMPENSATION PROCESS | AXIM COLLABORATIVE, INC. HAS A COMPENSATION COMMITTEE THAT REVIEWS THE SALARIES OF THE PRESIDENT, KEY EMPLOYEES AND OTHER OFFICERS. THE COMPENSATION REVIEW PROCESS INCLUDES INDUSTRY BENCHMARKING WITH BOTH ACADEMIC AND TECHNOLOGY SALARIES. |
| Form 990, Part VI, Line 4 Significant changes to organizational documents | THE ARTICLES OF ORGANIZATION WERE AMENDED IN NOVEMBER 2021. THESE AMENDMENTS CHANGED THE NAME OF THE ORGANIZATION FROM EDX INC. TO THE CENTER FOR REIMAGINING LEARNING, INC. AND ALSO MADE MINOR EDITS TO THE ORGANIZATION'S STATED PURPOSES. IN MARCH 2023, THE ORGANIZATION'S ARTICLES WERE AMENDED AGAIN, CHANGING THE NAME OF THE ORGANIZATION TO AXIM COLLABORATIVE, INC. THE BYLAWS WERE AMENDED IN FEBRUARY 2022. THE BYLAW AMENDMENTS REFLECT THE NAME CHANGE THAT OCCURRED DURING FISCAL YEAR 2022, THE NUMBER OF TRUSTEES, THE COMPOSITION OF OFFICERS, AND THE FORMULA FOR DETERMINING A QUORUM. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | THE SOLE MEMBERS OF THE ORGANIZATION ARE THE PRESIDENT AND FELLOWS OF HARVARD COLLEGE (HARVARD) AND THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT). |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | AS SET FORTH IN THE BYLAWS, AXIM COLLABORATIVE, INC.'S GOVERNING BODY (BOARD OF TRUSTEES) IS COMPOSED OF AN EQUAL NUMBER OF PERSONS APPOINTED BY ITS TWO MEMBERS, HARVARD AND MIT. |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | AS SET FORTH IN THE BYLAWS, THE FOLLOWING POWERS ARE RESERVED TO THE MEMBERS: (I) DETERMINATION OF THE SIZE OF THE BOARD OF TRUSTEES; (II) ELECTION, SUSPENSION, OR REMOVAL OF THE PRESIDENT AND, IF DIFFERENT, THE CHIEF EXECUTIVE OFFICER; AND (III) DETERMINATION OF WHETHER A THIRD PARTY'S EDUCATIONAL OR INFORMATIONAL CONTENT WILL BE MADE ACCESSIBLE THROUGH THE ORGANIZATION. THE MEMBERS ALSO HAVE CERTAIN RESERVED POWERS UNDER MGL CH.180. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | MEMBERS OF AXIM COLLABORATIVE, INC.'S SENIOR MANAGEMENT REVIEW THE FORM 990. FOLLOWING THAT REVIEW AND BEFORE THE 990 IS FILED, AXIM COLLABORATIVE INC.'S AUDIT COMMITTEE IS PROVIDED THE FORM FOR REVIEW, COMMENT, AND APPROVAL, AND THE 990 IS SHARED WITH THE FULL BOARD. |
| Form 990, Part VI, Line 12c Conflict of interest policy | THE QUESTIONNAIRE AND POLICIES REQUIRE THAT COVERED INDIVIDUALS ANNUALLY ACKNOWLEDGE IN WRITING THAT THEY ARE AWARE OF THE POLICY AND IDENTIFY ANY RELATIONSHIPS OR RESPONSIBILITIES THAT HAVE THE POTENTIAL OF PRODUCING CONFLICTS OF INTEREST. EACH YEAR, DISCLOSURE FORMS ARE DISTRIBUTED TO THOSE COVERED BY THESE POLICIES. IF A RESPONSE REVEALS A CONFLICT OR POTENTIAL CONFLICT, SUCH CONFLICT IS REFERRED TO THE APPROPRIATE INDIVIDUAL OR BODY FOR CONSIDERATION AND MANAGEMENT. |
| Form 990, Part VI, Line 19 Required documents available to the public | AXIM COLLABORATIVE, INC.'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| Form 990, Part IX, Column (D) FUNDRAISING | THE ORGANIZATION RECEIVES GENEROUS DONATIONS TO SUPPORT THE MISSION AND ACTIVELY ENGAGES IN FUNDRAISING. |
| Form 990, Part IX, Line 11g Other Fees | OTHER - Total Expense: 4902689, Program Service Expense: 3825606, Management and General Expenses: 1077083, Fundraising Expenses: ; ENGINEERING - Total Expense: 3200614, Program Service Expense: 2497464, Management and General Expenses: 703150, Fundraising Expenses: ; MARKETING & BUSINESS DEVELOPMENT - Total Expense: 2961117, Program Service Expense: 2310583, Management and General Expenses: 650534, Fundraising Expenses: ; HOSTING - Total Expense: 977725, Program Service Expense: 762927, Management and General Expenses: 214798, Fundraising Expenses: ; EDUCATIONAL SUPPORT SERVICES - Total Expense: 720158, Program Service Expense: 561945, Management and General Expenses: 158213, Fundraising Expenses: ; RECRUITING - Total Expense: 355053, Program Service Expense: 277051, Management and General Expenses: 78002, Fundraising Expenses: ; TEMPORARY HELP - Total Expense: 26917, Program Service Expense: 21004, Management and General Expenses: 5913, Fundraising Expenses: ; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | OTHER CHANGES IN NET ASSETS - -521786; |
| GENERAL FORM 990, PAGE 1, BOX C | AXIM COLLABORATIVE, INC. WAS FORMERLY KNOWN AS THE CENTER FOR REIMAGINING LEARNING, INC. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CIRCUIT SUB LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BROADWAY 14TH FLOOR | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02142 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 871658544 | EIN |
| Primary Activities | HOLDING COMPANY | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AXIM COLLABORATIVE INC | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | |||||||||||
| 77 MASSACHUSETTS AVENUE | NE49-3142 | CAMBRIDGE | MA | 02139 | 042103594 | EDUCATION | MA | 501(c)(3) | 2 | NA | false |
| HARVARD UNIVERSITY | |||||||||||
| 1033 Massachusetts Avenue | 2nd Floor | Cambridge | MA | 02138 | 042103580 | EDUCATION | MA | 501(c)(3) | 2 | NA | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |