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Massachusetts · Nonprofit

Axim Collaborative Inc

Axim Collaborative Inc (Massachusetts) receives grants from 8 organizations whose IRS filings report $22,251,693 to it, the largest being President and Fellows of Harvard College ($15,000,000). 2 of them have funded it in more than one year, and 98% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$25M
Funders on record
8
Grants received
$22M
Net assets
$806M
2/8 repeat funderspeak grant-dependency 14%
01What it does

What Axim Collaborative Inc does

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.

As stated on its FY2025 Form 990.

Programs

  1. 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

    $12,753,482 spentof which $9,345,625 as grants$52,850 earned by the program
    65% of program spending
  2. 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

    $6,814,334 spent$94,102 earned by the program
    35% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $19,567,816.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($54M) Expenses 100 ($57M) Net assets 100 ($8.3M)2018 Revenue 111 ($60M) Expenses 117 ($67M) Net assets 19 ($1.6M)2019 Revenue 141 ($76M) Expenses 130 ($74M) Net assets 38 ($3.2M)2020 Revenue 157 ($85M) Expenses 178 ($102M) Net assets -168 ($-13964835)2021 Revenue 180 ($98M) Expenses 231 ($132M) Net assets -697 ($-57900605)2022 Revenue 1543 ($835M) Expenses 99 ($57M) Net assets 8641 ($718M)2023 Revenue 28 ($15M) Expenses 16 ($9.2M) Net assets 8835 ($734M)2024 Revenue 56 ($30M) Expenses 30 ($17M) Net assets 9003 ($748M)2025 Revenue 46 ($25M) Expenses 42 ($24M) Net assets 9694 ($806M)
'17'18'19'20'21'22'23'24'25
Revenue (46)Expenses (42)Net assets (9694)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $41M to $719M (+1670%).

$36M
$33M
$44M
$48M
$41M
$719M
$735M
$750M
$808M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of Axim Collaborative Inc’s revenue is contributions — more earned-revenue than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$3.0M
’17
−$6.7M
’18
$1.6M
’19
−$17M
’20
−$34M
’21
$778M
’22
$6.2M
’23
$13M
’24
$1.2M
’25
15
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Stephanie Khurana

President and CEO

As listed on its FY2025 Form 990.

20242025
Listed2121
Joined·+3
No longer listed·3
03Who funds it

Who funds it, year by year

2017 → 2022: the base held at 1 funder, grant income fell $5.0M → $385.

6 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 98% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Axim Collaborative Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Axim Collaborative Inc leans on a few funders — its largest provides 67% of grant income and the top three 94%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Axim Collaborative Inc.

67%
largest funder
94%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 45% · 2020 42% · 2021 100% · 2022 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

17% of Axim Collaborative Inc's funders are still giving 2 years after their first grant; 25% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2022, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

98% of Axim Collaborative Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $550k that is directly attributable, 91% of it comes from Massachusetts funders.

MA
CA

Funder states come from each funder’s own filing. $22M arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Axim Collaborative Inc holds deeper cash reserves than three-quarters of the 3,758 education nonprofits its size.

Operating margin5% · above the median
Months of reserve14.6mo · top quartile
Revenue growth (annualized)−9% · bottom quartile

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like Axim Collaborative Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 18%Fundraising 0%

Governance

8
board members
13%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 2 related entities

  • Massachusetts Institute of Technology · exempt
  • President and Fellows of Harvard College · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Axim Collaborative Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Axim Collaborative Inc?
Axim Collaborative Inc (Massachusetts) receives grants from 8 organizations whose IRS filings report $22,251,693 to it, the largest being President and Fellows of Harvard College ($15,000,000). 2 of them have funded it in more than one year, and 98% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Axim Collaborative Inc have?
IRS filings report 8 organizations giving $22,251,693 in grants to Axim Collaborative Inc, 2 of which have funded it in more than one year.
Who is the largest funder of Axim Collaborative Inc?
President and Fellows of Harvard College is the largest funder on record, with $15,000,000 in grants. The full list of funders is on this page.
How can an organization like Axim Collaborative Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing