Axis International Academy
- Assets
- $2.7m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 68
- Location
- Fort Collins, CO
- Founding
- 08/2019
- Data as of
- 06/2023
- EIN
- 83-0824372
Organization Overview
Axis International Academy is located in Fort Collins, CO. The organization was established in 2019. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Axis International Academy employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Axis International Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Axis International Academy generated $3.0m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $3.4m during the year ending 06/2023. While expenses have increased by 16.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A CHARTER SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wade Turner Board Treasurer | OfficerTrustee | 2 | $0 |
Chuchang Chui Director | Trustee | 2 | $0 |
Tom Siegel Board Chair | OfficerTrustee | 2 | $0 |
Jeff Havens Director | Trustee | 2 | $0 |
Darcy Peters Board Secretary | OfficerTrustee | 2 | $0 |
Mary Vogl Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $660,714 |
| All other contributions, gifts, grants, and similar amounts not included above | $476,846 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,137,560 |
| Total Program Service Revenue | $1,867,901 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,945 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,021,093 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $93,875 |
| Compensation of current officers, directors, key employees. | $14,081 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,322,531 |
| Pension plan accruals and contributions | $1,068,561 |
| Other employee benefits | $74,947 |
| Payroll taxes | $22,240 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,953 |
| Fees for services: Accounting | $26,538 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,221 |
| Advertising and promotion | $10,447 |
| Office expenses | $1,401 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $128,071 |
| Travel | $7,300 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $37,438 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $252,243 |
| Insurance | $25,577 |
| All other expenses | $43,950 |
| Total functional expenses | $3,398,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,057,569 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $101,542 |
| Accounts receivable, net | $25,136 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,287 |
| Net Land, buildings, and equipment | $674,878 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $786,901 |
| Total assets | $2,659,313 |
| Accounts payable and accrued expenses | $89,683 |
| Grants payable | $0 |
| Deferred revenue | $309,040 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $519,104 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,004,263 |
| Total liabilities | $3,922,090 |
| Net assets without donor restrictions | -$1,368,460 |
| Net assets with donor restrictions | $105,683 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,659,313 |