Public Charity

INVERSANT INC

INVERSANT INC is a nonprofit organization categorized as Public Charity based in LYNN, MA. Its most recent IRS filing (2022) reports revenue of $499K, expenses of $1.1M, total assets of $837K. Imperigo tracks 29 reported grant relationships connected to this organization totaling approximately $2.0M.

EIN: 271462229 LYNN, MA Youth Development Programs NTEE: O50 Latest filing: 2022
Total Revenue$499K
Total Expenses$1.1M
Total Assets$837K
Grant Records29
Funding Total$2.0M
Filing Years2018–2022

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.

Officers & Directors

TREASURER Benjamin Hildreth
CHAIR Charles Desmond
DIRECTOR Dean Atkins
DIRECTOR Donna Stewartson
DIRECTOR Jay Ash
DIRECTOR Jim Santiago

Officer compensation and complete director data available with membership.

Top Grant Purposes

Operating Support/Annual Fund
$1,067,979 5 grants
Operating Support
$318,000 2 grants
Education
$210,000 4 grants
For grant recipient's exempt purposes
$200,911 7 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$80,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2022 $499K $1.1M $837K
2021 $1.1M $1.7M $1.3M
2020 $2.7M $1.6M $1.7M
2019 $1.2M $1.2M $219K
2018 $1.1M $1.2M $185K

Between 2018 and 2022, reported annual revenue declined from $1.1M to $499K (-54%), with total assets most recently reported at $837K.

Interactive year-over-year charts and full filing details available with membership.

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