The Center for Reimagining Learning Inc

“For fiscal year 2022, the following current officers/directors of axim collaborative, inc. Were employed by mit, of which glen shor was a director: cynthia barnhart, martin schmidt and sanjay sarma. For fiscal year 2022, the following current officers/directors of axim collaborative, inc. Were employed by harvard, of which katherine lapp was an officer and director: alan garber, bharat anand, bridget terry long, and jeff bussgang.”

“Axim collaborative, inc. Has a compensation committee that reviews the salaries of the president, key employees and other officers. The compensation review process includes industry benchmarking with both academic and technology salaries.”

“The articles of organization were amended in november 2021. These amendments changed the name of the organization from edx inc. To the center for reimagining learning, inc. And also made minor edits to the organization's stated purposes. In march 2023, the organization's articles were amended again, changing the name of the organization to axim collaborative, inc. The bylaws were amended in february 2022. The bylaw amendments reflect the name change that occurred during fiscal year 2022, the number of trustees, the composition of officers, and the formula for determining a quorum.”

“The sole members of the organization are the president and fellows of harvard college (harvard) and the massachusetts institute of technology (mit).”

“As set forth in the bylaws, axim collaborative, inc.'s governing body (board of trustees) is composed of an equal number of persons appointed by its two members, harvard and mit.”

“As set forth in the bylaws, the following powers are reserved to the members: (i) determination of the size of the board of trustees; (ii) election, suspension, or removal of the president and, if different, the chief executive officer; and (iii) determination of whether a third party's educational or informational content will be made accessible through the organization. The members also have certain reserved powers under mgl ch.180.”

“Members of axim collaborative, inc.'s senior management review the form 990. Following that review and before the 990 is filed, axim collaborative inc.'s audit committee is provided the form for review, comment, and approval, and the 990 is shared with the full board.”

“The questionnaire and policies require that covered individuals annually acknowledge in writing that they are aware of the policy and identify any relationships or responsibilities that have the potential of producing conflicts of interest. Each year, disclosure forms are distributed to those covered by these policies. If a response reveals a conflict or potential conflict, such conflict is referred to the appropriate individual or body for consideration and management.”

“Axim collaborative, inc.'s governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“On june 28, 2021, the center for reimagining learning ("tcril", formerly known as edx inc. And now known as axim collaborative, inc.) entered into a definitive agreement with 2u, inc. (the "transaction"). This agreement details the sale of the membership interests of circuit sub llc to 2u, inc. Circuit sub llc was a wholly owned subsidiary of tcril and was created on june 25, 2021, for the sole purpose of this sale and by the date of closing, held substantially all of the assets of the entity formerly known as edx inc, including the brand, website, and marketplace. The transaction closed on november 16, 2021. Prior to the transaction, tcril owned and operated an open online course platform (edx.org). Its operations and financial results reflected the results of this work. Post-transaction, tcril is carrying out its mission through both programmatic and grant activity aligned with its mission and the ongoing development and stewardship of the open edx learning platform.”

“The organization receives generous donations to support the mission and actively engages in fundraising.”

“OTHER - Total Expense: 4902689, Program Service Expense: 3825606, Management and General Expenses: 1077083, Fundraising Expenses: ; ENGINEERING - Total Expense: 3200614, Program Service Expense: 2497464, Management and General Expenses: 703150, Fundraising Expenses: ; MARKETING & BUSINESS DEVELOPMENT - Total Expense: 2961117, Program Service Expense: 2310583, Management and General Expenses: 650534, Fundraising Expenses: ; HOSTING - Total Expense: 977725, Program Service Expense: 762927, Management and General Expenses: 214798, Fundraising Expenses: ; EDUCATIONAL SUPPORT SERVICES - Total Expense: 720158, Program Service Expense: 561945, Management and General Expenses: 158213, Fundraising Expenses: ; RECRUITING - Total Expense: 355053, Program Service Expense: 277051, Management and General Expenses: 78002, Fundraising Expenses: ; TEMPORARY HELP - Total Expense: 26917, Program Service Expense: 21004, Management and General Expenses: 5913, Fundraising Expenses: ;”

“Other changes in net assets - -521786;”

“Axim collaborative, inc. Was formerly known as the center for reimagining learning, inc.”