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 06/2022, Axis International Academy employed 49 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 06/2022, Axis International Academy generated $2.5m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. 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
2022
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kari Anne Calarco Head Of School | Officer | 50 | $90,500 |
Wade Turner Board Treasurer | OfficerTrustee | 1 | $0 |
Tom Siegel Board Chair | OfficerTrustee | 1 | $0 |
Darcy Peters Board Secretary | OfficerTrustee | 1 | $0 |
Claudia Farfan-Lorono Director | Trustee | 1 | $0 |
Lina Xiong Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $461,280 |
All other contributions, gifts, grants, and similar amounts not included above | $152,798 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $614,078 |
Total Program Service Revenue | $1,893,544 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $13,173 |
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 | $2,521,862 |
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. | $109,500 |
Compensation of current officers, directors, key employees. | $16,425 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,125,006 |
Pension plan accruals and contributions | $743,461 |
Other employee benefits | $71,347 |
Payroll taxes | $15,484 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,063 |
Fees for services: Accounting | $33,650 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $46,149 |
Advertising and promotion | $8,128 |
Office expenses | $12,342 |
Information technology | $21,571 |
Royalties | $0 |
Occupancy | $471,436 |
Travel | $9,167 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $22,434 |
All other expenses | $30,633 |
Total functional expenses | $2,990,622 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,024,914 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $16,132 |
Accounts receivable, net | $54,709 |
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 | $26,780 |
Net Land, buildings, and equipment | $760,047 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,188,543 |
Total assets | $3,071,125 |
Accounts payable and accrued expenses | $138,503 |
Grants payable | $0 |
Deferred revenue | $374,751 |
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 | $748,769 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,694,706 |
Total liabilities | $3,956,729 |
Net assets without donor restrictions | -$991,287 |
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 | $3,071,125 |
Over the last fiscal year, we have identified 1 grants that Axis International Academy has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
Colorado Education Initiative Denver, CO PURPOSE: COMMUNITY IMPACT ACCELERATOR GRANT | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
Arizona Community Development Corporation Tucson, AZ | $20,473,547 | $20,902,974 |
Academy Of Math & Science Inc Tucson, AZ | $35,777,199 | $18,613,878 |
Windsor Charter Academy Windsor, CO | $36,625,608 | $15,987,871 |
Science Technology Engineering And Math Stem High School Highlands Ranch, CO | $15,587,452 | $17,872,586 |
Stargate Charter School Thornton, CO | $19,773,978 | $21,738,033 |
Syracuse Arts Academy Inc Syracuse, UT | $37,683,088 | $15,500,034 |
Legacy Traditional School-Surprise Chandler, AZ | $32,091,284 | $16,357,315 |
American Leadership Academy Inc Spanish Fork, UT | $40,999,211 | $16,702,602 |
Chavez Huerta K-12 Preparatory Academy Pueblo, CO | $45,291,290 | $14,740,819 |
Liberty Tradition Charter School Phoenix, AZ | $15,402,752 | $15,178,313 |
Excelsior Academy Erda, UT | $21,101,376 | $14,135,210 |
Ascent Classical Academy Charter Schools Inc Golden, CO | $7,199,247 | $14,781,015 |