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Nonprofit · EIN 46-0807740

AXIM COLLABORATIVE INC

Tax-exempt · CAMBRIDGE, MA 02142

Financials

$15.4M$9.2M2022$30.1M$16.9M2023$25M$23.8M2024
Revenue Expenses · by fiscal year end
Financials of AXIM COLLABORATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$24,955,259$23,773,479$1,181,780$808,189,361$2,448,163$805,741,198
June 30, 2024990$30,144,489$16,928,111$13,216,378$749,791,928$1,459,594$748,332,334
June 30, 2023990$15,380,878$9,203,446$6,177,432$734,942,016$560,253$734,381,763
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$200
Program service revenue
$146,952
Investment income
$24,808,107
Net gain from sales of assets
$3,205,013
Other revenue
$0

Expenses

Grants and similar amounts paid
$9,345,625
Compensation of officers, directors and key employees
$2,567,470
Other salaries and wages
$2,834,752
Salaries, compensation and benefits (total)
$6,745,537
Professional fundraising fees
$0
Legal fees
$135,548
Accounting fees
$264,613
Occupancy
$305,733
Travel
$138,577
Program services (functional)
$19,567,816
Management and general (functional)
$4,205,663

Balance sheet and other

Total assets, start of year
$749,791,928
Total assets, end of year
$808,189,361
Total liabilities, end of year
$2,448,163
Net assets, end of year
$805,741,198
Net assets without donor restrictions
$805,741,198
Gross receipts
$374,994,578
Employees
22
Volunteers
0
Year formed
2012
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Cynthia BarnhartCo-Chair
Trustee or director
2$0$1,084,227$19,305
John ManningCo-Chair
Trustee or director
2$0$985,882$76,097
Dimitris BertsimasTrustee (Incoming)
Trustee or director
1$0$813,378$82,404
Meredith WeenickTrustee
Trustee or director
1$0$825,207$57,623
Bharat AnandTrustee
Trustee or director
1$0$727,284$44,906
Bridget Terry LongTrustee
Trustee or director
1$0$614,649$79,422
W Eric GrimsonTrustee (Outgoing)
Trustee or director
1$0$606,669$42,362
Katherine HammerTrustee
Trustee or director
1$0$535,027$38,487
Stephanie KhuranaPresident and CEO
Officer
50$537,662$0$33,475
Nell Ma'lufClerk and General Counsel
Officer
50$429,723$0$42,482
Peter BrauTreasurer and Chief Financial Officer
Officer
50$350,216$0$76,480
Edward ZarecorVP, Engineering
Key employee
50$325,814$0$72,193
Philipp SchmidtVP, Technology Innovation
Key employee
50$315,954$0$73,362
Catherine SmithChief People and Partnerships Officer
Key employee
50$269,808$0$59,138
Stephanie MillerVP, Data and Impact
Key employee
50$265,093$0$38,764
6 more people on this return
NameTitleHours / weekCompensationOther / benefits
Feanil PatelSoftware Architect
Highest-paid employee
50$216,353$68,714
Tycho HobPlatform Architect, Data
Highest-paid employee
50$219,315$64,980
David OrmsbeeSoftware Architect
Highest-paid employee
50$220,905$62,797
Jenna MakowskiSenior Product Manager
Highest-paid employee
50$207,407$35,030
Sarina CanelakeEngineering Manager
Highest-paid employee
50$204,474$37,452
Alan SpoonTrustee
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 21 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Alan GarberCo-Chair (Outgoing)
Trustee or director
2$0$922,068$242,968
Cynthia BarnhartCo-Chair
Trustee or director
2$0$987,284$18,742
Glen ShorTrustee (Outgoing)
Trustee or director
1$0$883,134$73,021
John ManningCo-Chair (Incoming)
Trustee or director
1$0$810,537$73,085
Meredith WeenickTrustee
Trustee or director
1$0$777,736$55,214
Bharat AnandTrustee
Trustee or director
1$0$745,297$44,287
Bridget Terry LongTrustee
Trustee or director
1$0$659,034$60,076
W Eric GrimsonTrustee
Trustee or director
1$0$556,739$40,734
Katherine HammerTrustee (Incoming)
Trustee or director
1$0$486,563$36,784
Nell Ma'lufClerk and General Counsel
Officer
50$424,611$0$32,375
Stephanie KhuranaPresident and CEO
Officer
50$397,497$0$32,389
Peter BrauTreasurer and Chief Financial Officer
Officer
50$349,310$0$71,244
Edward ZarecorVP, Engineering
Key employee
50$316,779$0$68,598
Philipp SchmidtVP, Technology Innovation
Key employee
40$264,499$37,375$72,012
Catherine SmithChief People and Partnerships Officer
Key employee
50$311,319$0$61,205
David OrmsbeeSoftware Architect
Highest-paid employee
50$219,801$0$60,162
Brian MesickPlatform Architect (Data)
Highest-paid employee
50$218,281$0$61,340
Feanil PatelSoftware Architect
Highest-paid employee
50$222,557$0$30,790
Sarina CanelakeEngineering Manager
Highest-paid employee
50$200,943$0$37,805
Jenna MakowskiSenior Product Manager
Highest-paid employee
50$172,356$0$30,592
Alan SpoonTrustee
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 20 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Katherine LappTrustee
Trustee or director
1$0$2,347,789$46,759
Alan GarberCo-Chair
Trustee or director
2$0$884,365$238,402
Bharat AnandTrustee
Trustee or director
1$0$939,153$41,106
Glen ShorTrustee
Trustee or director
1$0$795,890$68,243
Cynthia BarnhartCo-Chair
Trustee or director
2$0$833,157$17,635
Bridget Terry LongTrustee
Trustee or director
1$0$635,733$72,896
Meredith WeenickTrustee
Trustee or director
1$0$625,257$49,945
Sanjay SarmaTrustee
Trustee or director
1$0$515,061$130,292
W Eric GrimsonTrustee
Trustee or director
1$0$509,044$38,364
Nell Ma'lufClerk and General Counsel
Officer
50$469,551$0$19,012
Peter BrauTreasurer and Chief Financial Officer
Officer
50$386,022$0$49,309
Edward ZarecorVP, Engineering
Key employee
50$331,741$0$47,920
Catherine SmithPresident (Outgoing)
Officer
50$315,799$0$51,193
David OrmsbeeSoftware Architect
Highest-paid employee
50$235,775$0$43,034
Feanil PatelSoftware Architect
Highest-paid employee
50$237,775$0$19,776
Sean FoyeController
Highest-paid employee
50$224,499$0$16,815
Sarina CanelakeEngineering Manager
Highest-paid employee
50$212,900$0$22,490
Kyle McCormickSenior Software Engineer II
Highest-paid employee
50$158,051$0$18,851
Alan SpoonTrustee
Trustee or director
1$0$0$0
Stephanie KhuranaPresident and CEO (Incoming)
Officer
50$0$0$0

Address and contacts

Address (IRS master file)
1 BROADWAY STE 14, CAMBRIDGE, MA 02142-1187
In care of
% PETER BRAU CFO
Principal officer (990 for 2024)
Stephanie Khurana, One Broadway 14th Floor, Cambridge, MA 02142
Signed the 990
Peter Brau, Treasurer and CFO
Phone
(508) 834-9891

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.

990 for the year ended June 30, 2025

Program accomplishments

  • 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
    Expenses $12,753,482 · grants $9,345,625 · revenue $52,850
  • 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
    Expenses $6,814,334 · revenue $94,102

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-0807740
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B19)
Assets (IRS master file)
$808,189,361
Income (IRS master file)
$374,994,578

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$24,955,259$23,773,479$808,189,361IRS
990June 2024$30,144,489$16,928,111$749,791,928IRS
990June 2023$15,380,878$9,203,446$734,942,016XML
990June 2022$834,605,979$56,776,928$718,634,723IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-0807740).

Questions about AXIM COLLABORATIVE INC

What is the EIN of AXIM COLLABORATIVE INC?
The employer identification number (EIN) of AXIM COLLABORATIVE INC is 46-0807740.
Is AXIM COLLABORATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to AXIM COLLABORATIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does AXIM COLLABORATIVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AXIM COLLABORATIVE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AXIM COLLABORATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of AXIM COLLABORATIVE INC?
The 990 for the year ended June 30, 2025 names Stephanie Khurana.
Who are the officers and directors of AXIM COLLABORATIVE INC?
The 990 for the year ended June 30, 2025 lists 21 people; 12 received compensation from the organization.
How much revenue does AXIM COLLABORATIVE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $24,955,259, expenses of $23,773,479 and total assets of $808,189,361 at year end.

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