Axismed

Organization Overview

Axismed is located in Champaign, IL. According to its NTEE Classification (H92) the organization is classified as: Biomedicine & Bioengineering Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Axismed is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2024

Describe the Organization's Program Activity:

Part 3

AXISMED HAS SUPPORTED A TOTAL OF 9 TEAMS IN THE EARLY-STAGE ENTREPRENEURSHIP PROCESS. THE ANNUAL PROGRAM BEGAN BY RECRUITING 6 TEAM LEADERS IN AUGUST OF 2022. THE TEAM LEADERS COHORT NARROWED TO 4 WHO STAYED ENGAGED WITH THE PROGRAM, AND THESE TEAM LEADERS RECRUITED SEVERAL TEAM MEMBERS, FOR TEAM SIZES OF 4-7 MEMBERS. EACH OF THESE TEAMS FOUND A CHALLENGE IN THE MEDICAL FIELD WORTH PURSUING A NEW SOLUTION TO, AND BEGAN RESEARCH. THE TEAMS HAVE ENGAGED IN 4 DESIGN REVIEWS SO FAR, AND HAVE BEEN ALLOCATED $125 EACH IN FUNDING TO SUPPORT PRESENTATIONS THAT THEY WILL CONDUCT LATER THIS SPRING. THE LEADERSHIP TEAM ALL WORKS ON A VOLUNTEER BASIS, PROVIDING EDUCATION TO THE STUDENTS WHO ARE LEARNING ABOUT ENTREPRENEURSHIP IN A HANDS-ON WAY. IN PREVIOUS YEARS, TEAMS HAVE RAISED TENS OF THOUSANDS IN FUNDING AFTER COMPLETING OUR PROGRAM, AND HAVE SHOWN THAT OUR PROGRAM ALLOWS FOR STUDENTS TO LEARN AND ENGAGE IN MEDICAL ENTREPRENEURSHIP IN A COMPETITIVE LEVEL TO THEIR PEERS IN OTHER AREAS AFTER THEY'VE COMPLETED OUR PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Alexander Smith
President
$0
Ariana Barreau
Treasurer
$0
Alexander Teague
Secretary
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$0

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