Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Axismed
EIN 86-3752273 • 501(c)3 • Savoy, IL
Profile
AxisMED serves a community of early-stage medical entrepreneurs in the Champaign-Urbana community. The program intends to create grant-based funding opportunities for student teams in future years. To date, we have mentored 3 cohorts of student teams for a total of 9 teams through curricular years, which start in August and end in May. AxisMED has partnered with organizations associated with the University of Illinois to promote education in the biotechnology space alongside existing entrepreneurship programs. To date, all involvement of the leadership of AxisMED has been on a volunteer basis. We received our first grant recently, and aim to divide this grant into small grants for our teams in the next year's cohort.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on the latest valid filing.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Asset Growth
39th percentile
Faster asset growth than 39% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Balance Sheet
Assets
Down$2,386
Down $307 (-11%) from 2024
Liabilities
Flat$0
Flat from 2024
Net Assets
Down$2,386
Down $307 (-11%) from 2024
Revenue
Flat$0
Flat from 2024
Expenses
Up$307
Up $115 (+60%) from 2024
Net Income
Down-$307
Down $115 (-60%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $2,386
- Liabilities
- $0
- Net assets
- $2,386
- Revenue
- $0
- Expenses
- $307
- Net income
- -$307
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2025Detailed filing. Detailed filing data is available for this year. | $2,386 | $0 | $2,386 | $0 | $307 | $307 |
| 2024Detailed filing. Detailed filing data is available for this year. | $2,693 | $0 | $2,693 | $0 | $192 | $192 |
| 2023Detailed filing. Detailed filing data is available for this year. | $2,885 | $0 | $2,885 | $2,716 | $0 | $2,716 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2024 to May 31, 2025
- Signed
- Jun 18, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $0
Mission and Program Overview
Mission
AxisMED serves a community of early-stage medical entrepreneurs in the Champaign-Urbana community. The program intends to create grant-based funding opportunities for student teams in future years. To date, we have mentored 3 cohorts of student teams for a total of 9 teams through curricular years, which start in August and end in May. AxisMED has partnered with organizations associated with the University of Illinois to promote education in the biotechnology space alongside existing entrepreneurship programs. To date, all involvement of the leadership of AxisMED has been on a volunteer basis. We received our first grant recently, and aim to divide this grant into small grants for our teams in the next year's cohort.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| AxisMED has supported a total of 15 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. | $110 | $162 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Alexander Smith | President | PT | $0 | - | - |
| Neddie Byron | Treasurer | PT | $0 | - | - |
| Bilal Karim | Secretary | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Axismed
- EIN
- 86-3752273
- Phone
- 3142559112
- Address
- 102 Essex Ln, Savoy, IL 61874
Signing Officer
- Name
- Alexander Smith
- Title
- President
- Phone
- 3142559112
- Signed
- 2025-06-18
Raw XML Appendix172 raw XML fields
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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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | AxisMED serves a community of early-stage medical entrepreneurs in the Champaign-Urbana community. The program intends to create grant-based funding opportunities for student teams in future years. To date, we have mentored 3 cohorts of student teams for a total of 9 teams through curricular years, which start in August and end in May. AxisMED has partnered with organizations associated with the University of Illinois to promote education in the biotechnology space alongside existing entrepreneurship programs. To date, all involvement of the leadership of AxisMED has been on a volunteer basis. We received our first grant recently, and aim to divide this grant into small grants for our teams in the next year's cohort. |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/ReturnTs | 0 | 2025-06-18T12:19:43-07:00 |
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| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-06-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-05-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.