AXS Lab Inc (EIN 263805278) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

Jason DaSilva

Tax Period

2023-01-01 to 2023-12-31

AXS Lab Inc, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $286K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $374K exceeded revenue, resulting in a 31% operating deficit.

Mission

AXS Lab Inc serves people with disabilities through media and technology.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $285,582

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $285,582

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $111,659

Other Expenses $373,898

TOTAL EXPENSES $373,898

Year-over-Year Comparison

	2023	2022	Change
Revenue	$285,582	$576,596	-0.5%
Expenses	$373,898	$354,504	+0.1%
Net Income	$-88,316	$222,092	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Siddartha Joag	Board Member	10.00	Director	$0	$0	$0
Jason DaSilva	President	20.00	Officer Director	$0	$0	$0
Phil Beder	TreasurerOfficer	10.00	Officer Director	$0	$0	$0
Daniel DaSilva	Board Member	10.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$285,582	$373,898	$119,079	$-88,316
2022	$576,596	$354,504	$213,597	$222,092
2021	$614,710	$204,870	$145,119	$409,840
2020	$264,070	$71,910	$476,195	$192,160

AXS Lab Inc