NonprofitsInversant Inc

Youth Development

Inversant Inc

LYNN, MA

Total revenue

$499K

Total expenses

$1.1M

Net assets

$49K

Grants received

$2.3M

46 grants

EIN

271462229

Tax year

2022

Mission

Inversant's mission is to ensure that through parental engagement every low-to-moderate income family has the resources and understanding they need to achieve their goals for higher education.

Financials

FY 2022

Revenue

Contributions & grants$485K
Program service revenue
Investment income$10
Other revenue$14K
Total revenue$499K

Expenses

Grants paid$58K
Salaries & benefits$286K
Fundraising$115K
Other expenses$707K
Total expenses$1.1M
Total assets$837K
Net assets$49K

People

12 listed

NameRoleCompensation

CHARLES DESMOND

CHAIR

Board

2 hrs/wk

JAY ASH

DIRECTOR

Board

2 hrs/wk

DEAN ATKINS

DIRECTOR

Board

2 hrs/wk

ROBERT CASHMAN

DIRECTOR

Board

24 hrs/wk

SALLY CURRIER

SECRETARY

Board

2 hrs/wk

BENJAMIN HILDRETH

TREASURER

Board

2 hrs/wk

ROBERT HILDRETH

DIRECTOR

Board

2 hrs/wk

JIM SANTIAGO

DIRECTOR

Board

2 hrs/wk

DONNA STEWARTSON

DIRECTOR

Board

2 hrs/wk

MICHAEL TAYLOR

DIRECTOR

Board

2 hrs/wk

MICHAEL TUTEUR

DIRECTOR

Board

2 hrs/wk

STACY SCOTT

DIRECTOR

Board

2 hrs/wk

Grants received

Showing 46 of 46

FromAmountPurposeYear
$95K
Operating Support/Annual Fund
2022
$16K
For grant recipient's exempt purposes
2022
$10K
COLLEGE SAVINGS MATCHES
2022
$10K
GENERAL SUPPORT
2022
$10K
COLLEGE SAVINGS MATCHES
2022
$5K
CHARITABLE
2022
$4K
INVERSANT COLLEGE SAVINGS MATCH PROGRAM
2022
$3K
EXEMPT PURPOSE
2022
$255K
Operating Support/Annual Fund
2021
$50K
For recipient's exempt purpose
2021
$34K
For grant recipient's exempt purposes
2021
$34K
For grant recipient's exempt purposes
2021
$10K
GENERAL OPERATING SUPPORT
2021
$5K
PROGRAM SUPPORT
2021
$3K
EXEMPT PURPOSE
2021
$2K
Scholarship
2021
$298K
Operating Support/Annual Fund
2020
$80K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$50K
Education
2020
$36K
For grant recipient's exempt purposes
2020
$20K
CHARITABLE
2020
$15K
BREAKING BARRIERS TO COLLEGE ACCESS
2020
$11K
TO PROMOTE THE ORGANIZATION'S MISSION & EXPAND ITS REACH TO THE UNDERSERVED POPULATION
2020
$10K
GENERAL OPERATING SUPPORT.
2020
$10K
BREAKING BARRIERS TO COLLEGE ACCESS AND SUCCESS
2020
$10K
EXEMPT PURPOSE
2020
$5K
DONATION
2020
$3K
CHARITABLE
2020
$64K
Operating Support/Annual Fund
2019
$45K
For grant recipient's exempt purposes
2019
Education
2019
$29K
For grant recipient's exempt purposes
2018
$10K
GENERAL PURPOSE
2018
$5K
GENERAL SUPPORT
2018
$3K
CHARITABLE
2018
$218K
Operating Support
2017
$50K
Education
2017

Funded by

$2.3M from 20 funders · 46 grants · 2017–2022

Boston Foundation Inc

$1.0M · 9 grants · 2017–2022

Hildreth Stewart Charitable Foundation

$643K · 2 grants · 2018–2020

Fidelity Investments Charitable Gift Fund

$194K · 6 grants · 2018–2022

Vanguard Charitable Endowment Program

$130K · 2 grants · 2020–2021

Bushrod H Campbell & Adah F Hall

$30K · 3 grants · 2018–2021

Edward S & Winifred G Moseley Foundation

$30K · 3 grants · 2020–2022

Pannell Family Foundation

$20K · 1 grant · 2020

Details

EIN271462229
NTEE codeO50
Subsection03
Ruling date2010-03
Formed2009
Employees8
Volunteers40
INVERSANT INC — Mission, Financials & Grants Received | Grantivo