AXIM COLLABORATIVE INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- AXIM COLLABORATIVE INC (EIN 46-0807740)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-14
- IRS object ID
- 202531349349302378
- Schema version
- 2023v6.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-14T08:57:04+00:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | 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 | 5088349891 | 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 | 5088349891 | PhoneNum |
| Signature | 2025-05-14 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
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 | $30,144,489 | 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. 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 1 | VotingMembersIndependentCnt |
| Total Employee | 24 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $185,142 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,272 | CYProgramServiceRevenueAmt |
| PY Investment Income | $15,195,736 | PYInvestmentIncomeAmt |
| CY Investment Income | $30,135,217 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $15,380,878 | PYTotalRevenueAmt |
| CY Total Revenue | $30,144,489 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $951,821 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $6,404,235 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,454,319 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,679,190 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,797,306 | PYOtherExpensesAmt |
| CY Other Expenses | $4,844,686 | CYOtherExpensesAmt |
| PY Total Expenses | $9,203,446 | PYTotalExpensesAmt |
| CY Total Expenses | $16,928,111 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,177,432 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $13,216,378 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $734,942,016 | TotalAssetsBOYAmt |
| Total Assets EOY | $749,791,928 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $560,253 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,459,594 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $734,381,763 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $748,332,334 | NetAssetsOrFundBalancesEOYAmt |
| 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. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $8,733,485 | ExpenseAmt |
| Grant | $6,404,235 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | 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 | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,108,250 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $9,272 | RevenueAmt |
| Desc | 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 | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $13,841,735 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | 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 | false | 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 | Yes (true) | 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 | false | PartialLiquidationInd |
| Disregarded Entity | false | 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 | 25 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 24 | 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 | false | 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 | false | 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 | 5088349891 | 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 (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Alan Garber | |||||||||
| Co-Chair (Outgoing) | 2.0 | 60.0 | Yes (X) | $0 | $922,068 | $242,968 | |||
| Alan Spoon | |||||||||
| Trustee | 1.0 | 7.0 | Yes (X) | $0 | $0 | $0 | |||
| Bharat Anand | |||||||||
| Trustee | 1.0 | 60.0 | Yes (X) | $0 | $745,297 | $44,287 | |||
| Bridget Terry Long | |||||||||
| Trustee | 1.0 | 60.0 | Yes (X) | $0 | $659,034 | $60,076 | |||
| Cynthia Barnhart | |||||||||
| Co-Chair | 2.0 | 60.0 | Yes (X) | $0 | $987,284 | $18,742 | |||
| Glen Shor | |||||||||
| Trustee (Outgoing) | 1.0 | 60.0 | Yes (X) | $0 | $883,134 | $73,021 | |||
| John Manning | |||||||||
| Co-Chair (Incoming) | 1.0 | 60.0 | Yes (X) | $0 | $810,537 | $73,085 | |||
| Katherine Hammer | |||||||||
| Trustee (Incoming) | 1.0 | 40.0 | Yes (X) | $0 | $486,563 | $36,784 | |||
| Meredith Weenick | |||||||||
| Trustee | 1.0 | 60.0 | Yes (X) | $0 | $777,736 | $55,214 | |||
| W Eric Grimson | |||||||||
| Trustee | 1.0 | 40.0 | Yes (X) | $0 | $556,739 | $40,734 | |||
| Nell Ma'luf | |||||||||
| Clerk and General Counsel | 50.0 | 0 | $424,611 | $0 | $32,375 | Yes (X) | |||
| Peter Brau | |||||||||
| Treasurer and Chief Financial Officer | 50.0 | 0 | $349,310 | $0 | $71,244 | Yes (X) | |||
| Stephanie Khurana | |||||||||
| President and CEO | 50.0 | 0 | $397,497 | $0 | $32,389 | Yes (X) | |||
| Catherine Smith | |||||||||
| Chief People and Partnerships Officer | 50.0 | 0 | $311,319 | $0 | $61,205 | Yes (X) | |||
| Edward Zarecor | |||||||||
| VP, Engineering | 50.0 | 0 | $316,779 | $0 | $68,598 | Yes (X) | |||
| Philipp Schmidt | |||||||||
| VP, Technology Innovation | 40.0 | 10.0 | $264,499 | $37,375 | $72,012 | Yes (X) | |||
| Brian Mesick | |||||||||
| Platform Architect (Data) | 50.0 | 0 | $218,281 | $0 | $61,340 | Yes (X) | |||
| David Ormsbee | |||||||||
| Software Architect | 50.0 | 0 | $219,801 | $0 | $60,162 | Yes (X) | |||
| Feanil Patel | |||||||||
| Software Architect | 50.0 | 0 | $222,557 | $0 | $30,790 | Yes (X) | |||
| Jenna Makowski | |||||||||
| Senior Product Manager | 50.0 | 0 | $172,356 | $0 | $30,592 | Yes (X) | |||
| Sarina Canelake | |||||||||
| Engineering Manager | 50.0 | 0 | $200,943 | $0 | $37,805 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,097,953 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $6,865,767 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,203,423 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 15 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (true) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | Address Line2ContractorAddress/ForeignAddress/AddressLine2Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|
| ERNST & YOUNG US LLP | ||||||||||
| PO BOX 640382 | PITTSBURGH | PA | 15264 | STRATEGY REVIEW SERVICES | $510,648 | |||||
| FLOUZO SARL CENTRE UBIDOCA | ||||||||||
| 30 W 26TH STREET SIXTH FLOOR | NEW YORK | NY | 10010 | ENGINEERING CONSULTING SERVICES | $466,931 | |||||
| TYTON PARTNERS | ||||||||||
| 75 FEDERAL STREET SUITE 200 | BOSTON | MA | 02110 | CONSULTING SERVICES | $190,000 | |||||
| ON-RAMPS SERVICES LLC | ||||||||||
| 307 7TH AVENUE SUITE 901 | NEW YORK | NY | 10001 | RECRUITING SERVICES | $152,463 | |||||
| BANANASOFT | ||||||||||
| ENGINEERING CONSULTING SERVICES | $147,015 | RUA SENADOR CORREIA 42 304 | FLAMENGO | RIO DE JANEIRO | BR | 22231180 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EVENT REVENUE | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $9,272 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,272 | RelatedOrExemptFuncIncomeAmt |
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 | $9,272 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,617,456 | TotalRevenueColumnAmt |
| Exclusion | $34,617,456 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$4,482,239 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | -$4,482,239 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$4,482,239 | TotalRevenueColumnAmt |
| Exclusion | -$4,482,239 | ExclusionAmt |
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 | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,144,489 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,272 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $30,135,217 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,404,235 | TotalAmt |
| Program Services | $6,404,235 | ProgramServicesAmt |
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 | $2,210,384 | TotalAmt |
| Program Services | $1,553,774 | ProgramServicesAmt |
| Management And General | $656,610 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,272,046 | TotalAmt |
| Program Services | $1,918,044 | ProgramServicesAmt |
| Management And General | $354,002 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $379,130 | TotalAmt |
| Program Services | $284,488 | ProgramServicesAmt |
| Management And General | $94,642 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $536,451 | TotalAmt |
| Program Services | $311,377 | ProgramServicesAmt |
| Management And General | $225,074 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $281,179 | TotalAmt |
| Program Services | $222,089 | ProgramServicesAmt |
| Management And General | $59,090 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,522 | TotalAmt |
| Management And General | $250,522 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,848 | TotalAmt |
| Management And General | $262,848 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $222,064 | TotalAmt |
| Management And General | $222,064 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,129,479 | TotalAmt |
| Program Services | $2,483,430 | ProgramServicesAmt |
| Management And General | $646,049 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $674 | TotalAmt |
| Program Services | $100 | ProgramServicesAmt |
| Management And General | $574 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,599 | TotalAmt |
| Program Services | $8,866 | ProgramServicesAmt |
| Management And General | $58,733 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,928 | TotalAmt |
| Program Services | $47,227 | ProgramServicesAmt |
| Management And General | $14,701 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,838 | TotalAmt |
| Program Services | $154,488 | ProgramServicesAmt |
| Management And General | $36,350 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,188 | TotalAmt |
| Program Services | $95,911 | ProgramServicesAmt |
| Management And General | $17,277 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $347,397 | TotalAmt |
| Program Services | $342,820 | ProgramServicesAmt |
| Management And General | $4,577 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,640 | TotalAmt |
| Management And General | $55,640 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALL OTHER EXPENSES | Desc |
| Total | $142,509 | TotalAmt |
| Program Services | $14,886 | ProgramServicesAmt |
| Management And General | $127,623 | ManagementAndGeneralAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,928,111 | TotalAmt |
| Program Services | $13,841,735 | ProgramServicesAmt |
| Management And General | $3,086,376 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,533,864 | BOYAmt |
| EOY | $11,533,968 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $688,538,441 | BOYAmt |
| EOY | $674,231,614 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,436,249 | BOYAmt |
| EOY | $3,416,290 | 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 | $122,410 | BOYAmt |
| EOY | $367,192 | 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 | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,311,052 | BOYAmt |
| EOY | $60,242,864 | 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 | $734,942,016 | BOYAmt |
| EOY | $749,791,928 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $560,253 | BOYAmt |
| EOY | $623,566 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $795,638 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $40,390 | 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 | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $560,253 | BOYAmt |
| EOY | $1,459,594 | 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 | $734,381,763 | BOYAmt |
| EOY | $748,332,334 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $734,381,763 | BOYAmt |
| EOY | $748,332,334 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $734,942,016 | BOYAmt |
| EOY | $749,791,928 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $13,216,378 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $734,193 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | 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) | $656,442 | $0 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | ||||
| 042103580 | 2 | Yes (true) | $536,400 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 2 | SupportedOrganizationsTotalCnt |
| Support Sum | $1,192,842 | 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 STATE UNIVERSITIES WHICH, BY REASON OF BEING AN INSTRUMENTALITY OF THE STATE, ARE EXEMPT UNDER IRC SECTION 115 AND ARE NOT REQUIRED TO OBTAIN A DETERMINATION LETTER FROM THE IRS. |
Schedule D IRS990ScheduleD
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT PORTFOLIO | Desc |
| Book Value | $60,242,864 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $60,242,864 | TotalBookValueSecuritiesAmt |
| Total Liability | $0 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $30,878,682 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $734,193 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $734,193 | RevenueNotReportedAmt |
| Revenue Subtotal | $30,144,489 | RevenueSubtotalAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $30,144,489 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $16,928,111 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $16,928,111 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $16,928,111 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION DOES NOT BELIEVE IT HAS UNRECORDED OR UNDISCLOSED COMMITMENTS OR CONTINGENCIES. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)
| RegionRegionTxt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 7 | Program Services | SERVICES | $1,153,768 |
| Middle East and North Africa | 1 | Program Services | SERVICES | $58,024 |
| Russia and Neighboring States | 1 | Program Services | SERVICES | $783 |
| South America | 2 | Program Services | SERVICES | $196,189 |
| Sub-Saharan Africa | 4 | Program Services | SERVICES | $219,628 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 15 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 15 | TotalEmployeeCnt |
| Subtotal Spent | $1,628,392 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $1,628,392 | 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 | EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH AMERICA-Accrual; SUB-SAHARAN AFRICA-Accrual | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (13 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY | ||||||||
| PO BOX 2260 | TEMPE | AZ | 85280 | 866051042 | 501(c)(3) | $1,074,841 | GRANT | |
| BENJAMIN FRANKLIN CUMMINGS INSTITUTE OF TECHNOLOGY | ||||||||
| 41 BERKELEY STREET | BOSTON | MA | 02116 | 042103576 | 501(c)(3) | $500,000 | GRANT | |
| CARNEGIE MELLON UNIVERSITY | ||||||||
| 5000 FORBES AVENUE | PITTSBURGH | PA | 15213 | 250969449 | 501(c)(3) | $280,992 | GRANT | |
| EDUCATION DESIGN LAB | ||||||||
| 1200 18TH STREET NW 710 | WASHINGTON | DC | 20036 | 464248042 | 501(c)(3) | $554,875 | GRANT | |
| GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION INC | ||||||||
| 100 AUBURN AVENUE | ATLANTA | GA | 30303 | 586033185 | 501(c)(3) | $500,000 | GRANT | |
| LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION | ||||||||
| 1005 NORTH ABBE ROAD SUITE CC220 | ELYRIA | OH | 44035 | 510146485 | 501(c)(3) | $500,000 | GRANT | |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | ||||||||
| 77 MASSACHUSETTS AVENUE | CAMBRIDGE | MA | 02139 | 042103594 | 501(c)(3) | $656,442 | GRANT | NE49-3142 |
| MDRC | ||||||||
| 200 VESEY STREET | NEW YORK | NY | 10281 | 237379473 | 501(c)(3) | $500,000 | GRANT | 23RD FLOOR |
| NORTHERN ESSEX COMMUNITY COLLEGE FOUNDATION INC | ||||||||
| 100 ELLIOTT STREET | HAVERHILL | MA | 01830 | 042759634 | 501(c)(3) | $108,200 | GRANT | |
| PARTNERSHIP FOR EDUCATION ADVANCEMENT | ||||||||
| ONE DUPONT CIRCLE NW SUITE 330 | WASHINGTON | DC | 20036 | 831400442 | 501(c)(3) | $705,000 | GRANT | |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | ||||||||
| 1033 MASSACHUSETTS AVENUE | CAMBRIDGE | MA | 02138 | 042103580 | 501(c)(3) | $536,400 | GRANT | 2ND FLOOR |
| REALIZE IMPACT | ||||||||
| 271 WINSLOW WAY E 11548 | BAINBRIDGE ISLAND | WA | 98110 | 463594732 | 501(c)(3) | $200,000 | GRANT | |
| THE COLLEGE OF THE CANYONS FOUNDATION | ||||||||
| 26455 ROCKWELL CANYON ROAD | SANTA CLARITA | CA | 91355 | 953574259 | 501(c)(3) | $287,485 | GRANT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 13 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | AXIM COLLABORATIVE, INC MAY MAKE DISBURSEMENTS TO ORGANIZATIONS FOR CHARITABLE PURPOSES IN SUPPORT OF ITS MISSION. A DEDICATED PROGRAM TEAM REVIEWS POTENTIAL GRANTS AGAINST ESTABLISHED, MISSION-ALIGNED CRITERIA. GRANTS THAT MEET INTERNAL CRITERIA ARE ADVANCED FOR REVIEW BY THE BOARD. BOARD-APPROVED GRANTS AND THEIR PURPOSES ARE DOCUMENTED IN SIGNED, WRITTEN AGREEMENTS. THE PROGRAM TEAM MEETS REGULARLY WITH GRANTEES TO ASSESS THE STATUS OF THEIR FUNDED ACTIVITIES, INCLUDING PAYMENT-RELATED MILESTONES WHERE APPLICABLE, THROUGHOUT THE LIFE OF THE GRANT AND UPON COMPLETION. | 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 | false | 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 | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (20 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bharat Anand | ||||||||||||||
| Trustee | $0 | $548,561 | $0 | $51,010 | $0 | $145,726 | $0 | $41,490 | $0 | $2,797 | $0 | $789,584 | $0 | $0 |
| Cynthia Barnhart | ||||||||||||||
| Co-Chair | $0 | $936,728 | $0 | $0 | $0 | $50,556 | $0 | $16,500 | $0 | $2,242 | $0 | $1,006,026 | $0 | $0 |
| Alan Garber | ||||||||||||||
| Co-Chair (Outgoing) | $0 | $873,441 | $0 | $45,000 | $0 | $3,627 | $0 | $41,490 | $0 | $201,478 | $0 | $1,165,036 | $0 | $0 |
| W Eric Grimson | ||||||||||||||
| Trustee | $0 | $537,099 | $0 | $0 | $0 | $19,640 | $0 | $16,500 | $0 | $24,234 | $0 | $597,473 | $0 | $0 |
| Katherine Hammer | ||||||||||||||
| Trustee (Incoming) | $0 | $474,065 | $0 | $0 | $0 | $12,498 | $0 | $35,243 | $0 | $1,541 | $0 | $523,347 | $0 | $0 |
| Bridget Terry Long | ||||||||||||||
| Trustee | $0 | $545,837 | $0 | $25,000 | $0 | $88,197 | $0 | $41,490 | $0 | $18,586 | $0 | $719,110 | $0 | $0 |
| John Manning | ||||||||||||||
| Co-Chair (Incoming) | $0 | $713,150 | $0 | $35,000 | $0 | $62,387 | $0 | $41,490 | $0 | $31,595 | $0 | $883,622 | $0 | $0 |
| Glen Shor | ||||||||||||||
| Trustee (Outgoing) | $0 | $836,884 | $0 | $0 | $0 | $46,250 | $0 | $38,991 | $0 | $34,030 | $0 | $956,155 | $0 | $0 |
| Meredith Weenick | ||||||||||||||
| Trustee | $0 | $718,562 | $0 | $35,000 | $0 | $24,174 | $0 | $41,490 | $0 | $13,724 | $0 | $832,950 | $0 | $0 |
| Peter Brau | ||||||||||||||
| Treasurer and Chief Financial Officer | $342,068 | $0 | $0 | $0 | $7,242 | $0 | $30,000 | $0 | $41,244 | $0 | $420,554 | $0 | $0 | $0 |
| Stephanie Khurana | ||||||||||||||
| President and CEO | $392,416 | $0 | $0 | $0 | $5,081 | $0 | $30,000 | $0 | $2,389 | $0 | $429,886 | $0 | $0 | $0 |
| Nell Ma'luf | ||||||||||||||
| Clerk and General Counsel | $417,369 | $0 | $0 | $0 | $7,242 | $0 | $17,500 | $0 | $14,875 | $0 | $456,986 | $0 | $0 | $0 |
| Philipp Schmidt | ||||||||||||||
| VP, Technology Innovation | $258,085 | $20,275 | $0 | $0 | $6,414 | $17,100 | $27,135 | $916 | $43,873 | $88 | $335,507 | $38,379 | $0 | $0 |
| Catherine Smith | ||||||||||||||
| Chief People and Partnerships Officer | $305,529 | $0 | $0 | $0 | $5,790 | $0 | $14,637 | $0 | $46,568 | $0 | $372,524 | $0 | $0 | $0 |
| Edward Zarecor | ||||||||||||||
| VP, Engineering | $309,537 | $0 | $0 | $0 | $7,242 | $0 | $27,352 | $0 | $41,246 | $0 | $385,377 | $0 | $0 | $0 |
| Sarina Canelake | ||||||||||||||
| Engineering Manager | $195,624 | $0 | $0 | $0 | $5,319 | $0 | $16,401 | $0 | $21,404 | $0 | $238,748 | $0 | $0 | $0 |
| Jenna Makowski | ||||||||||||||
| Senior Product Manager | $166,194 | $0 | $0 | $0 | $6,162 | $0 | $16,883 | $0 | $13,709 | $0 | $202,948 | $0 | $0 | $0 |
| Brian Mesick | ||||||||||||||
| Platform Architect (Data) | $212,011 | $0 | $0 | $0 | $6,270 | $0 | $22,078 | $0 | $39,262 | $0 | $279,621 | $0 | $0 | $0 |
| David Ormsbee | ||||||||||||||
| Software Architect | $213,358 | $0 | $0 | $0 | $6,443 | $0 | $22,063 | $0 | $38,099 | $0 | $279,963 | $0 | $0 | $0 |
| Feanil Patel | ||||||||||||||
| Software Architect | $216,132 | $0 | $0 | $0 | $6,425 | $0 | $22,155 | $0 | $8,635 | $0 | $253,347 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 2 BUSINESS RELATIONSHIP | FOR FISCAL YEAR 2024, THE FOLLOWING CURRENT OFFICERS/TRUSTEES OF AXIM COLLABORATIVE, INC. WERE EMPLOYED BY MIT, OF WHICH GLEN SHOR WAS AN OFFICER AND DIRECTOR: CYNTHIA BARNHART, KATHERINE HAMMER, AND W. ERIC GRIMSON. FOR FISCAL YEAR 2024, THE FOLLOWING CURRENT OFFICERS/TRUSTEES OF AXIM COLLABORATIVE, INC. WERE EMPLOYED BY HARVARD, OF WHICH ALAN GARBER, JOHN MANNING, AND MEREDITH WEENICK WERE OFFICERS: BHARAT ANAND AND BRIDGET TERRY LONG. |
| 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 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, Line 11g Other Fees | FUNDED CONTRIBUTIONS - Total Expense: 1570202, Program Service Expense: 1570202, Management and General Expenses: , Fundraising Expenses: ; OTHER FEES FOR SERVICE - Total Expense: 574607, Program Service Expense: 151543, Management and General Expenses: 423064, Fundraising Expenses: ; ENGINEERING - Total Expense: 465843, Program Service Expense: 456328, Management and General Expenses: 9515, Fundraising Expenses: ; WEB HOSTING - Total Expense: 293790, Program Service Expense: 146509, Management and General Expenses: 147281, Fundraising Expenses: ; RECRUITING - Total Expense: 225037, Program Service Expense: 158848, Management and General Expenses: 66189, Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; |
Schedule R IRS990ScheduleR
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 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | |||||||||||
| 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 | Yes (true) | 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 | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |