Axuda INC EIN 47-1363421

Axuda INC

EIN  47-1363421 Public charity (501(c)(3)) Marlborough, MA
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Provides financial aid and resources to individuals facing hardship.
Leadership
Laurie Lachapelle · Treasurer / Director
Money in and out
$26K revenue, $32K expenses
Bottom line
83% program efficiency

Provides financial aid and resources to individuals facing hardship. For fiscal year 2022 it reported $26K in revenue, $32K in expenses, and $775K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$26K
Pt VIII · Ln 12
Total expenses
$32K
Pt IX · Ln 25
Net assets
$775K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$6K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.17
Program efficiency
83%
of spending reaches programs▼ -9% vs prior filing year
Operating runway
245.7mo
months of highly liquid reserves at operating expense rate▼ -23% vs prior filing year
Surplus margin
-24%
revenue over expenses, this year▲ +10% vs prior filing year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$26K
FY2022▲ +22%
Expenses
$32K
FY2022▲ +19%
Total assets
$778K
FY2022▼ -1%
Total liabilities
$3K
FY2022▲ +15%
Total revenue
$26K
Pt VIII · Ln 12
Total expenses
$32K
Pt IX · Ln 25
Net assets
$775K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$6K
Total assetsPt X · Ln 16$778K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $27K of program spending, described in the organization's own filed words · FY2022.
01

To provide access to financial resources for individuals in need, either directly or through local third party partnerships, and to otherwise further the Corporation's charitable purposes.

$27Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAxuda INC
EINHdr · item D47-1363421
Principal addressHdr · item CMarlborough, MA
WebsiteHdr · item Jwww.axuda.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P60)
Ruling yearIRS BMFFeb 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer / Director
$0Pt VII · Sec A
Secretary / Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$26K · 98%
Investment income$571 · 2%
Contributions & grants98%$26K
Investment income2%$571
Total revenueLn 12$26K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.17
Program services83%$27K
Management & general17%$6K
Total functional expensesLn 25$32K

Balance Sheet

Part X · end of year
CashLn 1$663K
Total assetsLn 16$778K
Total liabilitiesLn 26$3K
Total net assetsLn 32$775K
Months of cash on handcomputed245.7

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $663K · Operating expenses/yr $32K
245.7 months
Where the money goes
Program services
Program services $27K · Total expenses $32K
83%
Management & General
Management & general $6K · Total expenses $32K
17%
Fundraising
Fundraising $0 · Total expenses $32K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $54K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $26K · Total revenue $26K
98%
Government reliance
Government grants — · Total revenue $26K
Earned-income share
Program service revenue $0 · Total revenue $26K
0%
Investment reliance
Investment income $571 · Total revenue $26K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $32K
0%
Growth & trend
Revenue growth (YoY)
This year $26K · Prior year $21K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $775K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $26K · Expenses $32K
-24%
Liabilities-to-Assets
Total liabilities — · Total assets $778K
Net-asset ratio
Net assets $775K · Total assets $778K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $778K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Laurie Lachapelle · Reported title Treasurer / Director · Highest reported compensation $0 · Total expenses $32K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $32K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 17%
Fundraising cost ratio 0%
Revenue growth 22%
Accounting fee ratio 17%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2022 (Latest)$26K revenue · viewing · ⤓ 990 PDF
FY2021$21K revenue · ⤓ 990 PDF
FY2020$116K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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