Civic Intelligence

Axs Labs Inc

990 • Fiscal year 2017 • EIN 26-3805278

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 15, 2018

245 East 11th StNew York, NY 10003

(917) 513-2883

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.02x

Higher debt load relative to assets than 58% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Liabilities / Revenue

58th percentile

0.01x

Higher debt load relative to revenue than 58% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Net Margin

93rd percentile

54%

Higher net margin than 93% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Top Officer Pay

73rd percentile

$2,000

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Asset Growth

96th percentile

357%

Faster asset growth than 96% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

94th percentile

167%

Faster revenue growth than 94% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$219,779

Up $171,651 (+357%) from 2016

Net Assets

Up

$216,214

Up $173,513 (+406%) from 2016

Liabilities

Down

$3,565

Down $1,862 (-34%) from 2016

Revenue

Up

$321,464

Up $201,209 (+167%) from 2016

Expenses

Up

$147,951

Up $34,900 (+31%) from 2016

Net Income

Up

$173,513

Up $166,309 (+2309%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2010: $24,725Liabilities 2010: $25,922Net Assets 2010: -$1,1972010Assets 2011: $110,662Liabilities 2011: $0Net Assets 2011: $110,6622011Assets 2012: $22,005Liabilities 2012: $0Net Assets 2012: $22,0052012Assets 2016: $48,128Liabilities 2016: $5,427Net Assets 2016: $42,7012016Assets 2017: $219,779Liabilities 2017: $3,565Net Assets 2017: $216,2142017Assets 2019: $289,182Liabilities 2019: $2,400Net Assets 2019: $286,7822019Assets 2020: $476,195Liabilities 2020: -$2,747Net Assets 2020: $478,9422020Assets 2021: $145,119Liabilities 2021: -$295Net Assets 2021: $145,4142021Assets 2022: $213,597Liabilities 2022: $9,175Net Assets 2022: $204,4222022Assets 2023: $119,079Liabilities 2023: $2,973Net Assets 2023: $116,1062023Assets 2024: $1,221,917Liabilities 2024: $2,046Net Assets 2024: $1,219,8712024

Highlighted filing

2017

Assets$219,779
Liabilities$3,565
Net Assets$216,214

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $151,4192010Expenses 2011: $160,7232011Expenses 2012: $196,8422012Revenue 2016: $120,255Expenses 2016: $113,051Net Income 2016: $7,2042016Revenue 2017: $321,464Expenses 2017: $147,951Net Income 2017: $173,5132017Revenue 2019: $199,920Expenses 2019: $162,404Net Income 2019: $37,5162019Revenue 2020: $264,070Expenses 2020: $71,910Net Income 2020: $192,1602020Revenue 2021: $614,710Expenses 2021: $204,870Net Income 2021: $409,8402021Revenue 2022: $576,596Expenses 2022: $354,504Net Income 2022: $222,0922022Revenue 2023: $285,582Expenses 2023: $373,898Net Income 2023: -$88,3162023Revenue 2024: $519,848Expenses 2024: $254,310Net Income 2024: $265,5382024

Highlighted filing

2017

Revenue$321,464
Expenses$147,951
Net Income$173,513
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 15, 2018
Return Version
2017v2.3
Gross Receipts
$321,464
Mission and Program Overview

Mission

Axs lab (www.axslab.org) is a nonprofit that's building a network of organizationsand people to supercharge the movement for inclusion of people with disabilities.we aim to engage audiences to playfully explore the disability experience using newmedia, films, technology, and the power of story. By exploring alternate realities ofperception and experience, we believe the world becomes a more compassionate,inclusive, and enriching place. Axs lab was founded to ignite the disabilitymovement and create a tool that allows people with physical challenges to be in thedriver seat our belief is that the societal perception of people with disabilities areaskew and our goal is to support them in reentering the mainstream. Our objective is to drive the social changeneeded to serve this impoverished and underserved population. We utilize thequalitative story-telling of film and the quantitative data gathering of new media tofurther our objective.

To create documentary work about multiple sclerosis to provide media awareness for those affected by the disease and to create various media for and by people with multiple sclerosis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$0$161,983▲ $161,983
Prepaid Expenses and Deferred Charges$19,482$19,482→ $0
Cash and Non-Interest-Bearing Accounts$2,728$14,558▲ $11,830
Land, Buildings, and Equipment, Net$1,659$1,659→ $0
Inventories for Sale or Use$0$465▲ $465
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$48,128$219,779▲ $171,651
Other Assets Total$24,259$21,632▼ $2,627
Liabilities
Accounts Payable and Accrued Expenses$5,427$3,565▼ $1,862
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$5,427$3,565▼ $1,862
Net Assets / Fund Balance
Total Net Assets Fund Balance$42,701$216,214▲ $173,513
Total Liabilities and Net Assets / Fund Balance$48,128$219,779▲ $171,651

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,659$4,971$6,630
Other Assets Org$9,896--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daniel DaSilvaBoard MemberPT$2,000$2,000

Board Members and Trustees

NameTitle
Jason DasilvaPresident
Marianne DaSilvaBoard Member
Julie TallenSecretary
Karen HayesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$245,036
Program Service Revenue
$72,375
Investment Income
$0
Other Revenue
$4,053
All Other Contributions
$245,036
Change in Net Assets
$173,513
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$97,732
Salaries, Compensation, and Employee Benefits$50,219
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$50,638$1,546-$52,184
Other Salaries and Wages$50,219--$50,219
Travel$19,454--$19,454
Fees for Services Accounting-$10,065-$10,065
Fees for Services Legal-$8,736-$8,736
Occupancy$6,504--$6,504
Advertising-$665-$665
Conferences and Meetings$124--$124
Total Functional Expenses$126,939$21,012$0$147,951
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 12C

Board members are unpaid, thereby not requiring issuance of form 1099.

Form 990, Part VI, Line 11B

Copy of form 990 will be provided to each board member before filing.

Form 990, Part VI, Line 15A

Jason dasilva, who is the ceo and president of the board, is unpaid.

Form 990, Part VI, Line 15B

Key employees' compensation are routinely reviewed by board members before approval.

Filing and Contact Details

Filer

Filer Name
AXS Lab Inc
EIN
26-3805278
In Care Of
% JASON DASILVA
Phone
9175132883
Address
245 East 11th St, New York, NY 10003

Signing Officer

Name
Jason Dasilva
Title
President
Phone
9175132883
Signed
2018-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Dasilva
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
5

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
James Mulroy
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990, Pary VI, Line 2

Board members jason dasilva, marianne dasilva nad daniel dasilva have a family relationship.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0173513
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt050663
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt03553
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt03553
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0161983
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0245036
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0753
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt011440
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt059148
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0274330
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0590707
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt072375
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt068730
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt016262
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt030864
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0188231
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0500
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt050772
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt025159
IRS990ScheduleA/OtherIncome509Grp/TotalAmt076431
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.74113
IRS990ScheduleA/PublicSupportPY509Pct00.88241
IRS990ScheduleA/PublicSupportTotal509Amt0633938
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0145000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0145000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0145000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0145000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0317411
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt069483
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt027702
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt090012
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0274330
IRS990ScheduleA/Total509Grp/TotalAmt0778938
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0317911
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0120255
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt052861
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt090012
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0274330
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0855369
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01659
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04971
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06630
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07750
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13986
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt29896
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSIT RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1MISCELLANEOUS RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER CURRENT ASSETS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01659
IRS990ScheduleD/TotalBookValueOtherAssetsAmt021632
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS ARE UNPAID, THEREBY NOT REQUIRING ISSUANCE OF FORM 1099.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF FORM 990 WILL BE PROVIDED TO EACH BOARD MEMBER BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2JASON DASILVA, WHO IS THE CEO AND PRESIDENT OF THE BOARD, IS UNPAID.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3KEY EMPLOYEES' COMPENSATION ARE ROUTINELY REVIEWED BY BOARD MEMBERS BEFORE APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS JASON DASILVA, MARIANNE DASILVA NAD DANIEL DASILVA HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PARY VI, LINE 2
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt048128
IRS990/TotalAssetsEOYAmt0219779
IRS990/TotalAssetsGrp/BOYAmt048128
IRS990/TotalAssetsGrp/EOYAmt0219779
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0245036
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021012
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0126939
IRS990/TotalFunctionalExpensesGrp/TotalAmt0147951
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05427
IRS990/TotalLiabilitiesEOYAmt03565
IRS990/TotalLiabilitiesGrp/BOYAmt05427
IRS990/TotalLiabilitiesGrp/EOYAmt03565
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt042701
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0216214
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0126939
IRS990/TotalProgramServiceRevenueAmt072375
IRS990/TotalReportableCompFromOrgAmt02000
IRS990/TotalRevenueGrp/ExclusionAmt03553
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt072875
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0321464
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt048128
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0219779
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt019454
IRS990/TravelGrp/TotalAmt019454
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X

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