Nonprofits›The Axiom Advancement Corporation
Community Improvement & Capacity Building
The Axiom Advancement Corporation
PITTSBURGH, PA
Total revenue
$589K
Total expenses
$346K
Net assets
$542K
Grants received
$499K
8 grants
EIN
811382582
Tax year
2023
Mission
Axiom is a microloan fund intentionally focused on serving minority, women-owned and disadvantaged business enterprises, by providing access to capital and business development support.
Financials
FY 2023
Revenue
Contributions & grants$564K
Program service revenue$25K
Investment income—
Other revenue—
Total revenue$589K
Expenses
Grants paid$4K
Salaries & benefits$236K
Fundraising$17K
Other expenses$107K
Total expenses$346K
Total assets$554K
Net assets$542K
People
3 listed
NameRoleCompensation
MICHELLE CHENN
PRESIDENT
Board
$198K
40 hrs/wk
BENJAMIN CONTRUCCI
TREASURER
Board
—
1 hrs/wk
LATESHYA ELLIS
VICE CHAIR
Board
—
0.5 hrs/wk
Grants received
Showing 8 of 8
FromAmountPurposeYear
$100K
TO PROVIDE GENERAL OPERATING SUPPORT FOR AXIOM ADVANCEMENT CORPORATION'S LOAN PROGRAM, WHICH PROVIDES ACCESS TO CAPITAL FOR MINORITY, WOMEN-OWNED AND DISADVANTAGED BUSINESS ENTERPRISES IN ALLEGHENY COUNTY
2023
$100K
TO PROVIDE GENERAL OPERATING SUPPORT FOR AXIOM ADVANCEMENT CORPORATION'S LOAN PROGRAM, WHICH PROVIDES ACCESS TO CAPITAL FOR MINORITY, WOMEN-OWNED AND DISADVANTAGED BUSINESS ENTERPRISES IN ALLEGHENY COUNTY
2022
$49K
TO PROVIDE ADMINISTRATIVE CAPACITY TO SUPPORT THE ONGOING EFFORTS OF AXIOM ADVANCEMENT CORPORATION'S MICRO-LOAN PROGRAM, WHICH PROVIDES ACCESS TO CAPITAL FOR MINORITY, WOMEN-OWNED AND DISADVANTAGED BUSINESS ENTERPRISES IN ALLEGHENY COUNTY
2022
Funded by
$499K from 4 funders · 8 grants · 2020–2023
The Heinz Endowments
$249K · 3 grants · 2022–2023
Hillman Family Foundations
$225K · 3 grants · 2021–2023
Opportunity Foundation
$15K · 1 grant · 2022
Poise Foundation
$10K · 1 grant · 2020
Details
EIN811382582
NTEE codeS31
Subsection03
Ruling date2021-03
Formed2019
Employees3