2026-05-15T08:55:52+00:00 2025-06-30 990 2024-07-01 460807740 Axim Collaborative Inc AXIM 5088349891 One Broadway 14th Floor Cambridge MA 02142 Peter Brau Treasurer and CFO 5088349891 2026-05-15 2024 2025-03-06 01:10:19Z Stephanie Khurana One Broadway 14th Floor Cambridge MA 02142 374994578 false X https://axim.org X 2012 MA 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. 8 1 22 0 0 0 0 200 9272 146952 30135217 24808107 0 0 30144489 24955259 6404235 9345625 0 0 5679190 6745537 0 0 0 4844686 7682317 16928111 23773479 13216378 1181780 749791928 808189361 1459594 2448163 748332334 805741198 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. false false 12753482 9345625 52850 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 6814334 0 94102 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 19567816 true false false false false false false false false false false true false false false true true false false false true false false false false false false true false true false false false false false false false false false false false false false false false true false false false false true 25 0 true 22 true false false false false false false false false false false false false X 8 1 true false false false true true true true true false false false true true true true true true true true false false MA X Peter Brau 5088349891 One Broadway 14th Floor Cambridge MA 02142 Alan Spoon Trustee 1.0 0 X 0 0 0 Bharat Anand Trustee 1.0 60.0 X 0 727284 44906 Bridget Terry Long Trustee 1.0 60.0 X 0 614649 79422 Cynthia Barnhart Co-Chair 2.0 60.0 X 0 1084227 19305 Dimitris Bertsimas Trustee (Incoming) 1.0 40.0 X 0 813378 82404 John Manning Co-Chair 2.0 60.0 X 0 985882 76097 Katherine Hammer Trustee 1.0 40.0 X 0 535027 38487 Meredith Weenick Trustee 1.0 60.0 X 0 825207 57623 W Eric Grimson Trustee (Outgoing) 1.0 40.0 X 0 606669 42362 Nell Ma'luf Clerk and General Counsel 50.0 0 X 429723 0 42482 Peter Brau Treasurer and Chief Financial Officer 50.0 0 X 350216 0 76480 Stephanie Khurana President and CEO 50.0 0 X 537662 0 33475 Catherine Smith Chief People and Partnerships Officer 50.0 0 X 269808 0 59138 Edward Zarecor VP, Engineering 50.0 0 X 325814 0 72193 Philipp Schmidt VP, Technology Innovation 50.0 0 X 315954 0 73362 Stephanie Miller VP, Data and Impact 50.0 0 X 265093 0 38764 David Ormsbee Software Architect 50.0 0 X 220905 0 62797 Feanil Patel Software Architect 50.0 0 X 216353 0 68714 Jenna Makowski Senior Product Manager 50.0 0 X 207407 0 35030 Sarina Canelake Engineering Manager 50.0 0 X 204474 0 37452 Tycho Hob Platform Architect, Data 50.0 0 X 219315 0 64980 3562724 6192323 1105473 19 false true true FLOUZO SARL CENTRE UBIDOCA 30 W 26TH STREET SIXTH FLOOR NEW YORK NY 10010 ENGINEERING CONSULTING SERVICES 863013 RACCOON GANG OU PAE TN 25-47 TALLINN CITY HARJU COUNTY EN 11414 ENGINEERING CONSULTING SERVICES 323474 MARCO MORALES 155 TOWER ROAD LINCOLN MA 01773 ENGINEERING CONSULTING SERVICES 310960 ARBISOFT LLC 2035 CENTRAL CIRCLE 201 MCKINNEY TX 75069 ENGINEERING CONSULTING SERVICES 226185 SOUTHERN CROSS CONFERENCES 134 MAIN ROAD DIEP RIVER UNIT 9 CAPE TOWN SF 7735 EVENT MANAGEMENT SERVICES 177123 7 200 200 EVENT REVENUE 611710 143202 143202 LICENSING REVENUE 611710 3750 3750 0 0 0 0 146952 21603094 21603094 0 0 353244332 350039319 3205013 0 3205013 3205013 0 0 0 0 0 24955259 146952 0 24808107 X 9345625 9345625 0 0 2567470 1963642 603828 2834752 2423552 411200 455379 363504 91875 536632 365644 170988 351304 338480 12824 135548 135548 264613 264613 654969 654969 4335440 3685077 650363 0 83046 7318 75728 305733 265855 39878 138577 135685 2892 636551 636200 351 64594 64594 TAX EXPENSE 1001481 1001481 ALL OTHER EXPENSES 61765 37234 24531 0 0 0 0 23773479 19567816 4205663 0 11533968 14590175 674231614 14284174 3416290 3418265 0 0 0 0 367192 186408 0 0 0 0 60242864 775710339 0 0 0 749791928 808189361 623566 1369138 795638 1020390 40390 58635 0 0 0 0 1459594 2448163 X 748332334 805741198 748332334 805741198 749791928 808189361 1181780 56227084 0 X false true true false X X 2 MASSACHUSETTS INSTITUTE OF TECHNOLOGY 042103594 2 true 0 0 PRESIDENT AND FELLOWS OF HARVARD COLLEGE 042103580 2 true 0 0 2 0 0 false true false false false false false false false false false false false false false true false Schedule A, Part IV, Section A, Line 1 Supported Orgs Listed By Name THE ORGANIZATION'S SUPPORTED ORGANIZATIONS INCLUDE EDUCATIONAL ORGANIZATIONS DESCRIBED IN SECTION 509(A)(1) OR (2) OF THE INTERNAL REVENUE CODE. Schedule A, Part IV, Section A, Line 2 Supported Org. Without IRS Status 509(a)1 or (2) THE ORGANIZATION'S SUPPORTED ORGANIZATIONS INCLUDE STATE UNIVERSITIES WHICH, BY REASON OF BEING AN INSTRUMENTALITY OF THE STATE, ARE EXEMPT UNDER IRC SECTION 115 AND ARE NOT REQUIRED TO OBTAIN A DETERMINATION LETTER FROM THE IRS. Closely-held equity interests Financial derivatives INVESTMENT PORTFOLIO 775710339 F 775710339 0 X 81182343 56227084 0 56227084 24955259 0 0 24955259 23773479 0 0 23773479 0 0 23773479 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE ORGANIZATION EVALUATES RELEVANT CONTINGENCIES AS A CORE PART OF ITS OPERATIONS AND PLANNING. AXIM DOES NOT BELIEVE IT HAS UNRECORDED OR UNDISCLOSED COMMITMENTS OR CONTINGENCIES. A TAX ESCROW ACCOUNT RECEIVABLE REMAINS FROM ITS 2021 TRANSACTION WITH 2U. THE BALANCE OF THIS ESCROW ACCOUNT WAS $3,413,265 ON JUNE 30, 2025 AND JUNE 30, 2024. Europe (Including Iceland and Greenland) 3 Program Services SERVICES 1213788 North America (Canada & Mexico only) 1 Program Services SERVICES 17614 South America 1 Program Services SERVICES 212491 Sub-Saharan Africa 1 Program Services SERVICES 3919 0 6 0 0 0 6 1447812 0 1447812 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SUB-SAHARAN AFRICA-Accrual true BRAVEN INC 100 N LA SALLE STREET SUITE 310 CHICAGO IL 60602 464340594 501(c)(3) 600000 GRANT COMPLETE COLLEGE AMERICA INC 350 MASSACHUSETTS AVENUE SUITE 300 INDIANAPOLIS IN 46204 264789471 501(c)(3) 498625 GRANT CREDLENS LLC 2001 PENNSYLVANIA AVENUE NW WASHINGTON DC 20006 473044430 501(c)(3) 1000000 GRANT DATAKIND INC 271 CADMAN PLAZA E UNIT 24554 BROOKLYN NY 11202 464082076 501(c)(3) 600000 GRANT DEPARTMENT OF HIGHER EDUCATION ONE ASHBURTON PLACE BOSTON MA 02108 046002284 115 600000 GRANT DIGITAL HARBOR FOUNDATION 1045 LIGHT STREET BALTIMORE MD 21230 452536579 501(c)(3) 500000 GRANT EMPIRICAL RESOLUTION INC DBA QUILLORG 41 EAST 11TH STREET 11TH FLOOR NEW YORK NY 10003 462736440 501(c)(3) 200000 GRANT HOLYOKE COMMUNITY COLLEGE 303 HOMESTEAD AVENUE HOLYOKE MA 01040 042719849 115 32000 GRANT IVY TECH COMMUNITY COLLEGE FOUNDATION 50 W FALL CREEK PARKWAY N DRIVE INDIANPOLIS IN 46208 237073977 501(c)(3) 600000 GRANT MODERN STATES EDUCATION ALLIANCE INC 1633 BROADWAY 47TH FLOOR NEW YORK NY 10019 471018924 501(c)(3) 200000 GRANT PARTNERSHIP FOR EDUCATION ADVANCEMENT INC ONE DUPONT CIRCLE NW SUITE 330 WASHINGTON DC 20036 831400442 501(c)(3) 200000 GRANT REGENTS OF THE UNIVERSITY OF MICHIGAN 1001 WOLVERINE TOWER 3003 SOUTH STATE STREET ANN ARBOR MI 48109 386006309 115 606220 GRANT SPRINGFIELD EMPOWERMENT ZONE PARTNERSHIP INC 1500 MAIN STREET PO BOX 15331 SPRINGFIELD MA 01115 371770485 501(c)(3) 325500 GRANT SPRINGFIELD TECHNICAL COMMUNITY COLLEGE ONE ARMORY SQUARE SUITE 1 PO BOX 9000 SPRINGFIELD MA 01105 042444774 115 40000 GRANT SUNY IMPACT FOUNDATION INC 116 EAST 55TH STREET NEW YORK NY 10022 814591892 501(c)(3) 840780 GRANT TECH FOUNDRY INC 1350 MAIN STREET SUITE 500 SPRINGFIELD MA 01103 464389001 501(c)(3) 62500 GRANT THE MASSACHUSETTS ALLIANCE FOR EARLY COLLEGE INC 588 BOSTON POST ROAD SUITE 150 WESTON MA 02493 873513195 501(c)(3) 250000 GRANT TRESEARCH 200 MASSACHUSETTS AVENUE NW SUITE 700 C/O GEORGETOWN VEN LAB WASHINGTON DC 20001 933757724 501(c)(3) 600000 GRANT UNITED NEGRO COLLEGE FUND INC 1805 7TH STREET NW 9TH FLOOR WASHINGTON DC 20001 131624241 501(c)(3) 1000000 GRANT UNIVERSITY OF MASSACHUSETTS 50 WASHINGTON STREET SUITE 3000 WESTBOROUGH MA 01581 043167352 115 350000 GRANT WASHINGTON STUDENT ACHIEVEMENT COUNCIL 917 LAKERIDGE WAY SW OLYMPIA WA 98502 455122913 501(c)(3) 200000 GRANT WESTFIELD STATE UNIVERSITY 333 WESTERN AVENUE WESTFIELD MA 01086 043062617 115 40000 GRANT 22 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds AXIM COLLABORATIVE, INC MAY MAKE DISBURSEMENTS TO ORGANIZATIONS FOR CHARITABLE PURPOSES IN SUPPORT OF ITS MISSION. A DEDICATED PROGRAM TEAM REVIEWS POTENTIAL GRANTS AGAINST ESTABLISHED, MISSION-ALIGNED CRITERIA. GRANTS THAT MEET INTERNAL CRITERIA ARE ADVANCED FOR REVIEW BY THE BOARD. BOARD-APPROVED GRANTS AND THEIR PURPOSES ARE DOCUMENTED IN SIGNED, WRITTEN AGREEMENTS. THE PROGRAM TEAM MEETS REGULARLY WITH GRANTEES TO ASSESS THE STATUS OF THEIR FUNDED ACTIVITIES, INCLUDING PAYMENT-RELATED MILESTONES WHERE APPLICABLE, THROUGHOUT THE LIFE OF THE GRANT AND UPON COMPLETION. X X X X false false false false false false false false false Bharat Anand Trustee 0 568784 0 20000 0 138500 0 43320 0 1586 0 772190 0 0 Cynthia Barnhart Co-Chair 0 1013373 0 10000 0 60854 0 17250 0 2055 0 1103532 0 0 Dimitris Bertsimas Trustee (Incoming) 0 727360 0 0 0 86018 0 69000 0 13404 0 895782 0 0 W Eric Grimson Trustee (Outgoing) 0 585029 0 0 0 21640 0 17250 0 25112 0 649031 0 0 Katherine Hammer Trustee 0 520472 0 0 0 14555 0 36803 0 1684 0 573514 0 0 Bridget Terry Long Trustee 0 556674 0 0 0 57975 0 43320 0 36102 0 694071 0 0 John Manning Co-Chair 0 865756 0 35000 0 85126 0 43320 0 32777 0 1061979 0 0 Meredith Weenick Trustee 0 755443 0 45000 0 24764 0 43320 0 14303 0 882830 0 0 Peter Brau Treasurer and Chief Financial Officer 345074 0 0 0 5142 0 30500 0 45980 0 426696 0 0 0 Stephanie Khurana President and CEO 532988 0 0 0 4674 0 30500 0 2975 0 571137 0 0 0 Nell Ma'luf Clerk and General Counsel 424581 0 0 0 5142 0 26750 0 15732 0 472205 0 0 0 Stephanie Miller VP, Data and Impact 261090 0 0 0 4003 0 23000 0 15764 0 303857 0 0 0 Philipp Schmidt VP, Technology Innovation 311640 0 0 0 4314 0 27493 0 45869 0 389316 0 0 0 Catherine Smith Chief People and Partnerships Officer 265098 0 0 0 4710 0 12148 0 46990 0 328946 0 0 0 Edward Zarecor VP, Engineering 320672 0 0 0 5142 0 27744 0 44449 0 398007 0 0 0 Sarina Canelake Engineering Manager 200255 0 0 0 4219 0 19227 0 18225 0 241926 0 0 0 Tycho Hob Platform Architect, Data 215001 0 0 0 4314 0 22543 0 42437 0 284295 0 0 0 Jenna Makowski Senior Product Manager 203327 0 0 0 4080 0 20610 0 14420 0 242437 0 0 0 David Ormsbee Software Architect 216562 0 0 0 4343 0 22449 0 40348 0 283702 0 0 0 Feanil Patel Software Architect 212028 0 0 0 4325 0 22543 0 46171 0 285067 0 0 0 Form 990, Part VI, Line 2 BUSINESS RELATIONSHIP FOR FISCAL YEAR 2025, THE FOLLOWING CURRENT OFFICERS/TRUSTEES OF AXIM COLLABORATIVE, INC. WERE EMPLOYED BY HARVARD: JOHN MANNING, MEREDITH WEENICK, BHARAT ANAND, AND BRIDGET TERRY LONG, OF WHICH JOHN MANNING AND MEREDITH WEENICK WERE OFFICERS. Form 990, Part VI, Line 15 COMPENSATION PROCESS AXIM COLLABORATIVE, INC. HAS A COMPENSATION COMMITTEE THAT REVIEWS THE SALARIES OF THE CEO, KEY EMPLOYEES, AND OTHER OFFICERS. THE COMPENSATION COMMITTEE REVIEW PROCESS INCLUDES INDUSTRY BENCHMARKING WITH NON-PROFIT, FOUNDATION, AND TECHNOLOGY SALARIES. Form 990, Part VI, Line 6 Classes of members or stockholders THE SOLE MEMBERS OF THE ORGANIZATION ARE THE PRESIDENT AND FELLOWS OF HARVARD COLLEGE (HARVARD) AND THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT). Form 990, Part VI, Line 7a Members or stockholders electing members of governing body AS SET FORTH IN THE BYLAWS, AXIM COLLABORATIVE, INC.'S GOVERNING BODY (BOARD OF TRUSTEES) IS COMPOSED OF AN EQUAL NUMBER OF PERSONS APPOINTED BY ITS TWO MEMBERS, HARVARD AND MIT. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders AS SET FORTH IN THE BYLAWS, THE FOLLOWING POWERS ARE RESERVED TO THE MEMBERS: (I) DETERMINATION OF THE SIZE OF THE BOARD OF TRUSTEES; (II) ELECTION, SUSPENSION, OR REMOVAL OF THE PRESIDENT AND, IF DIFFERENT, THE CHIEF EXECUTIVE OFFICER; AND (III) DETERMINATION OF WHETHER A THIRD PARTY'S EDUCATIONAL OR INFORMATIONAL CONTENT WILL BE MADE ACCESSIBLE THROUGH THE ORGANIZATION. THE MEMBERS ALSO HAVE CERTAIN RESERVED POWERS UNDER MGL CH.180. Form 990, Part VI, Line 11b Review of form 990 by governing body MEMBERS OF AXIM COLLABORATIVE, INC.'S SENIOR MANAGEMENT REVIEW THE FORM 990. FOLLOWING THAT REVIEW AND BEFORE THE 990 IS FILED, AXIM COLLABORATIVE INC.'S AUDIT COMMITTEE IS PROVIDED THE FORM FOR REVIEW, COMMENT, AND APPROVAL, AND THE 990 IS SHARED WITH THE FULL BOARD. Form 990, Part VI, Line 12c Conflict of interest policy THE QUESTIONNAIRE AND POLICIES REQUIRE THAT COVERED INDIVIDUALS ANNUALLY ACKNOWLEDGE IN WRITING THAT THEY ARE AWARE OF THE POLICY AND IDENTIFY ANY RELATIONSHIPS OR RESPONSIBILITIES THAT HAVE THE POTENTIAL OF PRODUCING CONFLICTS OF INTEREST. EACH YEAR, DISCLOSURE FORMS ARE DISTRIBUTED TO THOSE COVERED BY THESE POLICIES. IF A RESPONSE REVEALS A CONFLICT OR POTENTIAL CONFLICT, SUCH CONFLICT IS REFERRED TO THE APPROPRIATE INDIVIDUAL OR BODY FOR CONSIDERATION AND MANAGEMENT. Form 990, Part VI, Line 19 Required documents available to the public AXIM COLLABORATIVE, INC.'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g Other Fees FUNDED CONTRIBUTIONS - Total Expense: 2203182, Program Service Expense: 2203182, Management and General Expenses: , Fundraising Expenses: ; OTHER FEES FOR SERVICE - Total Expense: 819504, Program Service Expense: 701175, Management and General Expenses: 118329, Fundraising Expenses: ; ENGINEERING - Total Expense: 595497, Program Service Expense: 579059, Management and General Expenses: 16438, Fundraising Expenses: ; WEB HOSTING - Total Expense: 382597, Program Service Expense: 201661, Management and General Expenses: 180936, Fundraising Expenses: ; RECRUITING - Total Expense: 334660, Program Service Expense: , Management and General Expenses: 334660, Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASSACHUSETTS AVENUE NE49-4000 CAMBRIDGE MA 02139 042103594 EDUCATION MA 501(c)(3) 2 NA false PRESIDENT AND FELLOWS OF HARVARD COLLEGE 1033 MASSACHUSETTS AVENUE 2ND FLOOR CAMBRIDGE MA 02138 042103580 EDUCATION MA 501(c)(3) 2 NA false false false false false false false false false false false false false true false false true false false false