Inversant Inc
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.
Inversant Inc at a glance
- Total assets
- $837,041
- -33.6% vs 2021
- Revenue (2022)
- $499,150
- -53.7% vs 2021
- Net investment income (2022)
- $10
- -84.6% vs 2021
- Expenses (2022)
- $1,064,672
- -37.8% vs 2021
- Latest 990 filing
- Form 990, 2022 View filing
Data from IRS Form 990, 2022; updated September 2026.
Who Inversant Inc funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $5K (2021) to $104K (2020). In 2021 it made 1 grant totaling $5K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Salem Public Schools Salem, MA | To Fund Partner Program | $5,065 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2022 | $837,041 | $499,150 | $1,064,672 | — | — | $10 |
| 2021 | $1,260,534 | $1,077,205 | $1,712,455 | $5,065 | 1 | $65 |
| 2020 | $1,714,535 | $2,732,725 | $1,618,019 | $103,596 | 4 | $14 |
About Inversant Inc
Based on IRS filings
Inversant Inc is a public charity focused on Youth Development, based in Lynn, MA. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $837K in total assets. Net investment income was $10.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Inversant Inc is led by Charles Desmond, Chair since 2021 (on filings since 2020); none of the 12 officers listed in 2022 report compensation.
Officers on the 2022 filing
Charles Desmond
Chair
CEO → Chair, 2021
On filings since 2020
2 hrs/week
$102K (2020) → $0 (2022)
Dean Atkins
Director
On filings since 2020
2 hrs/week
No compensation reported
Donna Stewartson
Director
On filings since 2020
2 hrs/week
No compensation reported
Michael Taylor
Director
On filings since 2020
2 hrs/week
No compensation reported
Robert Cashman
Director
On filings since 2020
24 hrs/week
No compensation reported
Robert J. Hildreth
Director
President & Chairman → Director, 2021
On filings since 2020
2 hrs/week
No compensation reported
Stacy Scott
Director
On filings since 2020
2 hrs/week
No compensation reported
Jay Ash
Director
On filings since 2021
2 hrs/week
No compensation reported
Jim Santiago
Director
On filings since 2021
2 hrs/week
No compensation reported
Michael Tuteur
Director
New on the 2022 filing
2 hrs/week
No compensation reported
Benjamin Hildreth
Treasurer
Treasurer & Clerk → Treasurer, 2021
On filings since 2020
2 hrs/week
No compensation reported
Sally Currier
Secretary
Director → Secretary, 2021
On filings since 2020
2 hrs/week
No compensation reported
Former officers (13)
- Former: Angela Ervin (2020–2021) — Director
- Former: Fernando Reimers (2020–2021) — Director
- Former: Heidi Hancock (2020–2021) — CEO
- Former: Jon Rotenberg (2020–2021) — Director
- Former: Laurent De Greef (2020–2021) — Director
- Former: Michael Douvadjian (2020–2021) — Director
- Former: Richard Reidy (2020–2021) — Former Director
- Former: Ruth Moorman (2020–2021) — Director
- Former: Rosalind Hill (2021) — Director
- Former: Gladys Vega (2020) — Former Director
- Former: Meghan Burke (2020) — Former Director
- Former: Roz Hill (2020) — Director
- Former: Winston Langley (2020) — Former Director
Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $151K, to Heidi Hancock (CEO).
Frequently asked questions about Inversant Inc
How large is Inversant Inc?
Inversant Inc reported $837K in total assets on its 2022 IRS Form 990. Its revenue that year was $499K.
What is Inversant Inc?
Inversant Inc is a public charity focused on Youth Development, based in Lynn, MA. It holds $837K in total assets as of 2022.
Where does Inversant Inc operate?
Inversant Inc has awarded grants in Massachusetts.
What is Inversant Inc's EIN?
Inversant Inc's EIN (Employer Identification Number) is 27-1462229. IRS Form 990 filing data is available on this page for 2020–2022.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS February 9, 2022)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 12, 2022)
- IRS filings on file for fiscal years 2020–2022
Live grants for the work Inversant Inc funds
Youth Development Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Inversant Inc's focus areas in our free grants database
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Inversant Inc down — hundreds of funders to go?