Civic Intelligence

Axs Lab Inc

EIN 26-3805278 • 501(c)3 • Long Island City, NY

Profile

AXS Lab Inc serves people with disabilities through media and technology.

1-55 Borden Ave 10-ELong Island City, NY 11101

www.axslab.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

23rd percentile

0.00x

Higher debt load relative to assets than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

24th percentile

0.00x

Higher debt load relative to revenue than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

90th percentile

51%

Higher net margin than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

97th percentile

139%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

27th percentile

-5.0%

Faster revenue growth than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$1,221,917

Up $1,102,838 (+926%) from 2023

Liabilities

Down

$2,046

Down $927 (-31%) from 2023

Net Assets

Up

$1,219,871

Up $1,103,765 (+951%) from 2023

Revenue

Up

$519,848

Up $234,266 (+82%) from 2023

Expenses

Down

$254,310

Down $119,588 (-32%) from 2023

Net Income

Up

$265,538

Up $353,854 (+401%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$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

2024

Assets$1,221,917
Liabilities$2,046
Net Assets$1,219,871

Operations Trend

Revenue, expenses, and net income by year, with the latest 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

2024

Revenue$519,848
Expenses$254,310
Net Income$265,538

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 29, 2025
Return Version
2024v5.2
Gross Receipts
$519,848
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.

AXS Lab Inc serves people with disabilities through media and technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$1,157,466-
Investments Other Securities$60,000--
Intangible Assets-$40,717-
Cash and Non-Interest-Bearing Accounts$59,079$23,734▼ $35,345
Total Assets$119,079$1,221,917▲ $1,102,838
Liabilities
Accounts Payable and Accrued Expenses$2,510$2,046▼ $464
Other Liabilities$463--
Total Liabilities$2,973$2,046▼ $927
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$116,106$1,219,871▲ $1,103,765
Total Net Assets Fund Balance$116,106$1,219,871▲ $1,103,765
Total Liabilities and Net Assets / Fund Balance$119,079$1,221,917▲ $1,102,838

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$6,630-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jason DaSilvaPresident
Siddartha JoagBoard Member
Phil BederTreasurerOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$444,860
Program Service Revenue
$55,097
Investment Income
$19,891
Other Revenue
$0
All Other Contributions
$444,860
Change in Net Assets
$265,538
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$252,988
Salaries, Compensation, and Employee Benefits$1,322
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$72,144$83,317-$155,461
Office Expenses-$15,617-$15,617
Travel$15,260--$15,260
Information Technology$2,778--$2,778
Insurance-$1,616-$1,616
Other Employee Benefits-$1,322-$1,322
Other Expenses$592--$592
Total Functional Expenses$152,438$101,872$0$254,310
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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 governing body review Part VI line 11

The board of directors meets and reviews the Form 990 before filing.

Conflict of interest policy compliance Part VI line 12C

The organization has a Conflict of Interest Policy and a Disclosure of Financial Interest Policy which the Board Members and Officers need to affirm annually

CEO executive director top management comp Part VI line 15A

Top management does not receive compensation. The bylaws of the organization requires all board members to be volunteers.

Other officer or key employee compensation Part VI line 15B

Other officers do not receive compensation. The bylaws require all officers to be volunteers.

Form 990 availability to public Part VI line 18

The 990 is available to the public upon request through the website.

Governing documents etc available to public Part VI line 19

The website references copies of the 990 Tax Return are available upon request.

Filing and Contact Details

Filer

Filer Name
AXS Lab Inc
EIN
26-3805278
In Care Of
% Jason Dasilva
Address
1-55 Borden Ave 10-E, Long Island City, NY 11101

Signing Officer

Name
Jason Dasilva
Title
President
Phone
9135132883
Signed
2025-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason DaSilva
Formed
2016
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
CPA WorldTax LLC
Address
12022 Blue Valley Parkway, Overland Park, KS 66213
Preparer
Suzanne Bartling
Phone
9137088306
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Increase in fund balance due to recognition of investment assets owned by organization not reflected on prior year tax returns $838,227

List of other expenses Part IX line 24E

Bank Fees 660Dues and Subs 3,640Independent Contractors 50,594Donation Expense 217 Legal&Professional 21,221Item Appraisal 2,165Medical Expense 2,340Utilities 2,480Film Production Costs 8,368Research 1,217Transcriber 413Title Design 71Post Production 39,590Home Video Transfer 1,101Jury AXS Film Fund 11,205Amortization Expense 10,179

General explanation attachment

The organizations review has not been completed for the calendar year end 2024 as of October 15 2025. This tax return is based upon financial statements compiled by an independent bookkeeper.

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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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IRS990ScheduleD/EquipmentGrp/DepreciationAmt06630
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt06630
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board of directors meets and reviews the Form 990 before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization has a Conflict of Interest Policy and a Disclosure of Financial Interest Policy which the Board Members and Officers need to affirm annually
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Top management does not receive compensation. The bylaws of the organization requires all board members to be volunteers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Other officers do not receive compensation. The bylaws require all officers to be volunteers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The 990 is available to the public upon request through the website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The website references copies of the 990 Tax Return are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Increase in fund balance due to recognition of investment assets owned by organization not reflected on prior year tax returns $838,227
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Bank Fees 660Dues and Subs 3,640Independent Contractors 50,594Donation Expense 217 Legal&Professional 21,221Item Appraisal 2,165Medical Expense 2,340Utilities 2,480Film Production Costs 8,368Research 1,217Transcriber 413Title Design 71Post Production 39,590Home Video Transfer 1,101Jury AXS Film Fund 11,205Amortization Expense 10,179
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The organizations review has not been completed for the calendar year end 2024 as of October 15 2025. This tax return is based upon financial statements compiled by an independent bookkeeper.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8General explanation attachment
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01219871
IRS990/TotalOtherCompensationAmt00
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IRS990/TotalProgramServiceRevenueAmt055097
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IRS990/USAddress/AddressLine1Txt01-55 Borden Ave 10-E
IRS990/USAddress/CityNm0Long Island City
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011101
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON DASILVA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09135132883
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AXS Lab Inc
ReturnHeader/Filer/BusinessNameControlTxt0AXSL
ReturnHeader/Filer/EIN0263805278
ReturnHeader/Filer/InCareOfNm0% Jason Dasilva
ReturnHeader/Filer/USAddress/AddressLine1Txt01-55 Borden Ave 10-E
ReturnHeader/Filer/USAddress/CityNm0Long Island City
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0811132261
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CPA WorldTax LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012022 Blue Valley Parkway
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Overland Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd066213
ReturnHeader/PreparerPersonGrp/PhoneNum09137088306
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUZANNE BARTLING
ReturnHeader/ReturnTs02025-10-29T08:26:49-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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