Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
100th percentile
Higher net margin than 100% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$2,885
No earlier filing loaded for comparison.
Net Assets
$2,885
No earlier filing loaded for comparison.
Liabilities
$0
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$2,716
No earlier filing loaded for comparison.
Expenses
$0
No earlier filing loaded for comparison.
Net Income
$2,716
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2022 to May 31, 2023
- Signed
- Mar 24, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $2,800
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 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. | $500 | $84 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Alexander Smith | President | PT | $0 | - | - |
| Ariana Barreau | Treasurer | PT | $0 | - | - |
| Alexander Teague | Secretary | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Axismed
- EIN
- 86-3752273
- Phone
- 3142559112
- Address
- 403 W Green St, Urbana, IL 61801
Signing Officer
- Name
- Alexander Smith
- Title
- President
- Phone
- 3142559112
- Signed
- 2023-03-24
Raw XML Appendix175 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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| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
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| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
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| IRS990ScheduleA/First5Years170Ind | 0 | X |
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| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 11 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Alexander Smith |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3142559112 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-03-24 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | AXISMED |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | AXIS |
| ReturnHeader/Filer/EIN | 0 | 863752273 |
| ReturnHeader/Filer/PhoneNum | 0 | 3142559112 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 403 W Green St |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Urbana |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 61801 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2023-06-01T12:43:39-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-06-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-05-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $2,885
- Liabilities
- $0
- Net assets
- $2,885
- Revenue
- $2,716
- Expenses
- $0
- Net income
- $2,716
| 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 |