nonprofit logo

Axim Collaborative Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 460807740 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Axim Collaborative Inc?

Axim Collaborative Inc, based in Cambridge, Massachusetts, is a prominent nonprofit organization dedicated to expanding education access and becoming a leading resource for learners worldwide. Their primary mission revolves around providing and enhancing teaching and learning, both on-campus and online, through advanced technologies and research. By developing an open-source learning platform, they enable approximately 83 million enrollments with over 4,103 online courses. This innovative approach to education underscores their commitment to breaking down barriers and fostering a rich educational experience for learners across the globe.


Official website here: www.axim.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 81%, Three-Star out of Four Star rating.

Axim Collaborative Inc has achieved an overall score of 81%, reflecting a strong emphasis on accountability and financial health. This rating is based solely on their Accountability & Finance score, indicating that the organization adheres well to essential financial practices. The organization has received full marks in several critical areas, such as audit oversight, conflict of interest policies, and board meeting documentation.

The nonprofit excels in maintaining a high program expense ratio of 83.92%, which suggests that a significant portion of its funds is directed towards its mission-related activities rather than administrative costs. Additionally, there have been no reported issues regarding the diversion of assets, which further emphasizes the organization's commitment to financial integrity.

While the organization demonstrates robust financial practices, the single beacon score means there is limited evaluation of other operational aspects. Prospective donors and stakeholders might benefit from further insights into program effectiveness or impact outcomes beyond financial accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Axim Collaborative Inc legitimate?

Axim Collaborative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Axim Collaborative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $2,516,568
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,934,002

For more financial information, click here


Official website here: www.axim.org

What is the mission statement of Axim Collaborative Inc?

The Axim Collaborative Inc, formerly known as EDX Inc. and The Center for Reimagining Learning, Inc., is dedicated to expanding access to education and becoming a leading resource for learners worldwide. They aim to achieve this by providing and enhancing teaching and learning experiences on campus and online through advanced technologies and research. The organization's primary activities include developing an open-source learning platform and hosting partners' courses on it, enabling high-quality online educational experiences for millions of learners around the world. As of approximately 83 million enrollments, the platform offers over 4,103 online courses.


Official website here: www.axim.org

Who is the CEO of Axim Collaborative Inc?

Unavailable The CEO's salary of Axim Collaborative Inc is $205,562 and their total compensation is $225,275.


Official website here: www.axim.org

What is the revenue of Axim Collaborative Inc?

Axim Collaborative Inc's revenue in 2022 was $834,605,979.


Official website here: www.axim.org

Who are the executives of Axim Collaborative Inc and what are their salaries?

The average compensation at Axim Collaborative Inc during 2022 was $62,971. There are 293 employees at Axim Collaborative Inc.


Here are 28 key members and their salaries (Axim Collaborative Inc's CEO's salary is $205,562 and their total compensation is $225,275):


Anant Agarwal (Ceo And President (Outgoing))
  • Compensation: $1,136,959
  • Related: $0
  • Other: $67,460
Alan Garber (Co-Chair)
  • Compensation: $0
  • Related: $731,497
  • Other: $214,662
Alan Spoon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bharat Anand (Trustee)
  • Compensation: $0
  • Related: $762,035
  • Other: $37,433
Bridget Terry Long (Trustee)
  • Compensation: $0
  • Related: $599,365
  • Other: $69,269
Cynthia Barnhart (Co-Chair (Incoming))
  • Compensation: $0
  • Related: $540,810
  • Other: $16,028
Glen Shor (Trustee)
  • Compensation: $0
  • Related: $690,228
  • Other: $65,733
Jeff Bussgang (Trustee)
  • Compensation: $0
  • Related: $135,595
  • Other: $8,388
Katherine Lapp (Trustee)
  • Compensation: $0
  • Related: $736,446
  • Other: $47,393
Martin Schmidt (Co-Chair (Outgoing))
  • Compensation: $0
  • Related: $741,078
  • Other: $85,945
Sanjay Sarma (Trustee)
  • Compensation: $0
  • Related: $475,665
  • Other: $152,901
Catherine Smith (President (Incoming))
  • Compensation: $0
  • Related: $0
  • Other: $0
Nell Ma'Luf (Clerk And General Counsel)
  • Compensation: $612,385
  • Related: $0
  • Other: $19,910
Peter Brau (Treasurer And Chief Financial Officer)
  • Compensation: $486,490
  • Related: $0
  • Other: $43,737
Edward Zarecor (Vp, Engineering)
  • Compensation: $154,120
  • Related: $0
  • Other: $13,649
Jean-Philippe Beaudry (Chief Technology Officer)
  • Compensation: $642,427
  • Related: $0
  • Other: $15,295
Johannes Heinlein (Chief Commercial Officer And Svp, Strategic Partnerships)
  • Compensation: $651,472
  • Related: $0
  • Other: $41,400
Kathleen Pugh (Vp, Content And Partner Success)
  • Compensation: $450,724
  • Related: $0
  • Other: $41,787
Lauren Holliday (Vp, Product)
  • Compensation: $494,570
  • Related: $0
  • Other: $38,784
Nina Huntemann (Vp, Learning)
  • Compensation: $275,265
  • Related: $0
  • Other: $15,129
Stephanie Brocoum (Chief Marketing Officer)
  • Compensation: $617,368
  • Related: $0
  • Other: $30,718
Bonnie Vanzler (Senior Legal Counsel)
  • Compensation: $313,583
  • Related: $0
  • Other: $17,205
Clive Wright (Vp, Sales And Client Success)
  • Compensation: $315,143
  • Related: $0
  • Other: $38,869
Jennifer Mcgowan (Senior Legal Counsel)
  • Compensation: $306,967
  • Related: $0
  • Other: $41,767
Lee Rubenstein (Vp, Business Development)
  • Compensation: $386,952
  • Related: $0
  • Other: $30,241
Sean Foye (Controller)
  • Compensation: $316,808
  • Related: $0
  • Other: $13,215
Adam Medros (Former President And Co-Ceo)
  • Compensation: $205,562
  • Related: $0
  • Other: $19,713
Michael Hebert (Former Senior Director Of People And Culture)
  • Compensation: $107,446
  • Related: $0
  • Other: $4,231


Official website here: www.axim.org

Where can I find the form 990 for Axim Collaborative Inc?

Axim Collaborative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.axim.org

Learn more at the official website: www.axim.org

Mission Statement of Axim Collaborative Inc

The Axim Collaborative Inc, a leading organization in education and learning, aims to expand access to education and become a go-to resource for learners worldwide. By providing and enhancing teaching and learning experiences on campus and online, Axim Collaborative Inc utilizes advanced technologies and research.

At the heart of its mission, Axim Collaborative Inc works on developing an open-source learning platform. This platform hosts partners' courses, ensuring high-quality online educational experiences for millions of learners worldwide. With over 4,103 online courses and approximately 83 million enrollments, the organization has made significant strides in making education accessible to a global audience.

The Axim Collaborative Inc's commitment to education transcends geographical boundaries, offering learners an opportunity to acquire knowledge and skills regardless of their location. Its mission is rooted in the belief that education should be a universal right and not a privilege. Through advanced technologies and rigorous research, the organization continues to pave the way for a future where everyone has access to quality education. By leading the charge in this realm, Axim Collaborative Inc is poised to make a lasting impact on the lives of learners around the world.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Axim Collaborative Inc significantly impacts global education by expanding access to learning through innovative technology and research. Its primary focus is to develop an open-source learning platform that hosts a wide array of online courses, making high-quality education accessible to millions. With approximately 83 million total enrollments and over 4,100 online courses, Axim Collaborative has established itself as a vital resource for learners worldwide. By enhancing teaching and learning experiences both on-campus and online, it contributes to transforming educational practices and fosters a culture of continuous learning across diverse communities.




This information is meant to be a general summary of Axim Collaborative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$834,605,979 (2022)
Expenses
$56,776,928 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $802,912,015
  • Program Service Revenue: $31,193,814
  • Gross Receipts: $833,729,841

Assets and Liabilities:

  • Total Assets: $718,634,723
  • Total Liabilities: $450,321
  • Net Assets: $718,184,402

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CERTIFICATES REVENUE

Revenue

$27,684,708

TUITION REVENUE

Revenue

$3,367,695

SUPPORTED COURSE REVENUE

Revenue

$141,411

Organization Details

Founding Year

2012

Main Address

One Broadway 14th Floor, Cambridge, MA, 02142

NTEE Category

Code: B19 - Education

If you are a representative of Axim Collaborative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.