INVERSANT INC

EIN: 271462229 501(c)(3) Youth Development

LYNN, MA

Total Revenue
$499,150
Total Expenses
$1,064,672
Total Assets
$837,041
Net Assets
$48,769
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MA
Principal Officer
PETER BARROS
Phone
6174230331
Tax Period
2022-01-01 to 2022-12-31

INVERSANT INC, founded in 2009, is a small nonprofit in the Youth Development sector that reported $499K in total revenue in fiscal year 2022. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 113% operating deficit.

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $485,107
Program Service Revenue $0
Investment Income $10
Other Revenue $14,033
TOTAL REVENUE $499,150

Expense Breakdown

Grants Paid $58,196
Salaries & Benefits $285,944
Fundraising Expenses $114,566
Program Expenses $434,185
Other Expenses $706,782
TOTAL EXPENSES $1,064,672

Year-over-Year Comparison

2022 2021 Change
Revenue $499,150 $1,077,205 -0.5%
Expenses $1,064,672 $1,712,455 -0.4%
Net Income $-565,522 $-635,250 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
8
Volunteers
40

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES DESMOND CHAIR 2.00
Officer Director
$0 $0 $0
JAY ASH DIRECTOR 2.00
Director
$0 $0 $0
DEAN ATKINS DIRECTOR 2.00
Director
$0 $0 $0
ROBERT CASHMAN DIRECTOR 24.00
Director
$0 $0 $0
SALLY CURRIER SECRETARY 2.00
Officer Director
$0 $0 $0
BENJAMIN HILDRETH TREASURER 2.00
Officer Director
$0 $0 $0
ROBERT HILDRETH DIRECTOR 2.00
Director
$0 $0 $0
JIM SANTIAGO DIRECTOR 2.00
Director
$0 $0 $0
DONNA STEWARTSON DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL TAYLOR DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL TUTEUR DIRECTOR 2.00
Director
$0 $0 $0
STACY SCOTT DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $499,150 $1,064,672 $837,041 $-565,522
2021 $1,077,205 $1,712,455 $1,260,534 $-635,250
2020 $2,732,725 $1,618,019 $1,714,535 $1,114,706
2020 $2,732,725 $1,618,019 $1,714,535 $1,114,706
2019 $1,181,330 $1,170,126 $218,947 $11,204
2018 $1,078,536 $1,151,490 $185,157 $-72,954
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