Axis Freeride Inc
Axis Freeride Inc. reports $0 revenue and assets, indicating potential inactivity after years of fluctuating finances.
EIN: 205533479 · Park City, UT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $419K |
| Program Spending | 75% |
| Net Assets | $16K |
| Transparency Score | 50/100 |
Is Axis Freeride Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Axis Freeride Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Axis Freeride Inc
Axis Freeride Inc (EIN: 205533479) is a nonprofit organization based in Park City, UT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Axis Freeride Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Axis Freeride Inc is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -13.2%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $243K |
| Total Expenses | $419K |
| Surplus / Deficit | $-175,864 |
| Total Assets | $19K |
| Total Liabilities | $3K |
| Net Assets | $16K |
| Operating Margin | -72.4% |
| Debt-to-Asset Ratio | 15.4% |
| Months of Reserves | 0.5 months |
Financial Health Grade: C
In 2014, Axis Freeride Inc reported a deficit of $176K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 15.4% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Axis Freeride Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -43.5% | +1.9% | -90.5% |
| 2013 | +18.5% | +2.8% | +9.2% |
| 2012 | -2.6% | +22.2% | -19.1% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Axis Freeride Inc with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Axis Freeride Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $176K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.4%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based and not drawing salaries, which is a positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Axis Freeride Inc's IRS 990 filings:
- Current reported $0 revenue and $0 assets, indicating potential inactivity.
- Significant decline in assets over time, from $226,417 in 2011 to $0 currently.
- Periods of deficit spending, such as 2014 where expenses ($418,678) exceeded revenue ($242,814).
Strengths
The following positive indicators were identified for Axis Freeride Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds at the executive level.
- Historically maintained a positive asset base for several years, demonstrating some financial stability in the past.
Frequently Asked Questions about Axis Freeride Inc
Is Axis Freeride Inc a legitimate charity?
Axis Freeride Inc (EIN: 205533479) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 50/100. It has 4 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Axis Freeride Inc spend its money?
Axis Freeride Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Axis Freeride Inc tax-deductible?
Axis Freeride Inc is registered as a tax-exempt nonprofit (EIN: 205533479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Axis Freeride Inc's spending goes to programs?
Axis Freeride Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Axis Freeride Inc located?
Axis Freeride Inc is headquartered in Park City, Utah and files with the IRS under EIN 205533479.
How many years of IRS 990 filings does Axis Freeride Inc have?
Axis Freeride Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Axis Freeride Inc. still operational?
The latest reported data shows $0 in revenue and assets, strongly suggesting the organization is no longer operational or is in a dormant state.
What caused the significant decline in assets from $226,417 in 2011 to $0 currently?
The filings do not provide specific details for the asset decline, but the trend from $226,417 in 2011 to $18,960 in 2014 and then to $0 currently indicates a significant reduction in financial resources, possibly due to operational losses or asset liquidation.
How did the organization manage expenses exceeding revenue in periods like 2014?
In 2014, expenses ($418,678) significantly exceeded revenue ($242,814). This deficit spending would have been covered by drawing down existing assets or through accumulated reserves from prior profitable years, such as 2011 and 2013.
Filing History
IRS 990 filing history for Axis Freeride Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Axis Freeride Inc's revenue has declined by 34.7%, moving from $372K to $243K. Total assets decreased by 91.6% over the same period, from $226K to $19K. Total functional expenses rose by 28%, from $327K to $419K. In its most recent filing year (2014), Axis Freeride Inc reported a deficit of $176K, with expenses exceeding revenue. The organization holds $3K in liabilities against $19K in assets (debt-to-asset ratio: 15.4%), resulting in net assets of $16K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $243K | $419K | $19K | $3K | — | View 990 |
| 2013 | $429K | $411K | $200K | $8K | — | View 990 |
| 2012 | $362K | $400K | $183K | $11K | — | View 990 |
| 2011 | $372K | $327K | $226K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $243K, expenses of $419K, and assets of $19K (revenue -43.5% year-over-year).
- 2013: Revenue of $429K, expenses of $411K, and assets of $200K (revenue +18.5% year-over-year).
- 2012: Revenue of $362K, expenses of $400K, and assets of $183K (revenue -2.6% year-over-year).
- 2011: Revenue of $372K, expenses of $327K, and assets of $226K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Axis Freeride Inc:
Data Sources and Methodology
This transparency report for Axis Freeride Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.