Axim Collaborative Inc

EIN: 460807740 501(c)(3) Education

Cambridge, MA

Total Revenue
$24,955,259
Total Expenses
$23,773,479
Total Assets
$808,189,361
Net Assets
$805,741,198
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MA
Phone
5088349891
Tax Period
2024-07-01 to 2025-06-30

Axim Collaborative Inc, founded in 2012, is a mid-sized nonprofit in the Education sector that reported $25.0M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $23.8M left a modest 5% surplus.

Mission

THE AXIM COLLABORATIVE, INC. MISSION IS TO MAKE LEARNING MORE ACCESSIBLE, RELEVANT, AND EFFECTIVE FOR ALL LEARNERS. AXIM COLLABORATIVE, INC. TRANSFORMS EDUCATION TO WORK PATHWAYS BY FACILITATING COLLABORATION AND INNOVATIONS TO BUILD AN ECOSYSTEM OF SOLUTIONS TO DRIVE BETTER STUDENT OUTCOMES. AXIM COLLABORATIVE, INC. CATALYZES NEW DIGITAL AND EDUCATION PRACTICES THAT ENGAGE STUDENTS IN THEIR COURSE OF STUDY AND ENABLE THEM TO PERSIST THROUGH THEIR PROGRAMS AND EXCEL IN THEIR CAREERS TO REALIZE GREATER SOCIAL AND ECONOMIC MOBILITY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $200
Program Service Revenue $146,952
Investment Income $24,808,107
Other Revenue $0
TOTAL REVENUE $24,955,259

Expense Breakdown

Grants Paid $9,345,625
Salaries & Benefits $6,745,537
Fundraising Expenses $0
Program Expenses $19,567,816
Other Expenses $7,682,317
TOTAL EXPENSES $23,773,479

Year-over-Year Comparison

2024 2023 Change
Revenue $24,955,259 $30,144,489 -0.2%
Expenses $23,773,479 $16,928,111 +0.4%
Net Income $1,181,780 $13,216,378 -0.9%
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

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Governance

Voting Members
8
Independent Members
1
Employees
22
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
3
$1,470,038
Total Directors
9
$6,632,929
Key Employees
4
$1,420,126
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alan Spoon Trustee 1.0
Director
$0 $0 $0
Bharat Anand Trustee 1.0
Director
$0 $44,906 $772,190
Bridget Terry Long Trustee 1.0
Director
$0 $79,422 $694,071
Cynthia Barnhart Co-Chair 2.0
Director
$0 $19,305 $1,103,532
Dimitris Bertsimas Trustee (Incoming) 1.0
Director
$0 $82,404 $895,782
John Manning Co-Chair 2.0
Director
$0 $76,097 $1,061,979
Katherine Hammer Trustee 1.0
Director
$0 $38,487 $573,514
Meredith Weenick Trustee 1.0
Director
$0 $57,623 $882,830
W Eric Grimson Trustee (Outgoing) 1.0
Director
$0 $42,362 $649,031
Nell Ma'luf Clerk and General Counsel 50.0
Officer
$429,723 $42,482 $472,205
Peter Brau Treasurer and Chief Financial Officer 50.0
Officer
$350,216 $76,480 $426,696
Stephanie Khurana President and CEO 50.0
Officer
$537,662 $33,475 $571,137
Catherine Smith Chief People and Partnerships Officer 50.0
Key Emp
$269,808 $59,138 $328,946
Edward Zarecor VP, Engineering 50.0
Key Emp
$325,814 $72,193 $398,007
Philipp Schmidt VP, Technology Innovation 50.0
Key Emp
$315,954 $73,362 $389,316
Stephanie Miller VP, Data and Impact 50.0
Key Emp
$265,093 $38,764 $303,857
David Ormsbee Software Architect 50.0
Highest
$220,905 $62,797 $283,702
Feanil Patel Software Architect 50.0
Highest
$216,353 $68,714 $285,067
Jenna Makowski Senior Product Manager 50.0
Highest
$207,407 $35,030 $242,437
Sarina Canelake Engineering Manager 50.0
Highest
$204,474 $37,452 $241,926
Tycho Hob Platform Architect, Data 50.0
Highest
$219,315 $64,980 $284,295
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
2025 $24,955,259 $23,773,479 $808,189,361 $1,181,780
2024 No data No data No data No data
2023 $15,380,878 $9,203,446 $734,942,016 $6,177,432
2022 $834,605,979 $56,776,928 $718,634,723 $777,829,051
2021 $97,534,307 $131,913,038 $40,596,773 $-34,378,731
2020 $84,692,713 $101,844,402 $48,485,627 $-17,151,689
2019 $76,020,153 $74,437,114 $43,668,830 $1,583,039
2018 $59,894,720 $66,602,641 $32,621,304 $-6,707,921
2018 $59,894,721 $66,807,182 $32,621,304 $-6,912,461
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