INVERSANT INC
561 BOYLSTON STREET 4TH FLOOR, BOSTON, MA 021163632 www.inversant.org

Total Revenue
$2,732,725
Total Expenses
$1,618,019
Net Assets
$1,308,902

Organizations Filed Purposes: 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.

IN 2020, INVERSANT INCREASED THE TOTAL NUMBER OF FAMILIES SERVED FROM 1,800 TO 2,000, CELEBRATING 164 ACCOMPLISHED 2020 HIGH SCHOOL GRADUATES FROM 159 INVERSANT FAMILIES IN EIGHT BOSTON-AREA CITIES. 145 FAMILIES RECEIVED $103,296 IN SAVINGS MATCH DISTRIBUTIONS. AS THE COVID-19 PANDEMIC CREATED WIDE-RANGING IMPACTS ON OUR OPERATIONS, WE DESIGNED, BUILT, AND IMPLEMENTED A COMPREHENSIVE WEB-BASED DIGITAL INFRASTRUCTURE THAT WILL PROVIDE ACCESS TO ALL OF OUR EDUCATIONAL RESOURCES. IN RESPONSE TO THE ADDITIONAL FINANCIAL STRAIN THE PANDEMIC HAD ON INVERSANT'S STUDENTS AND FAMILIES, WE DEPLOYED AN ALUMNI ASSISTANCE EMERGENCY FUND WHICH PROVIDED $43,500 IN EMERGENCY FUNDS TO 435 INVERSANT ALUMNI FAMILIES. WE ALSO LAUNCHED A NEW NEEDS-BASED SCHOLARSHIP FOCUSED ON ADDRESSING STUDENTS AT HIGH RISK OF DROPPING OUT OF HIGHER EDUCATION. 7,123 STUDENTS INITIATED APPLICATIONS AND 1,147 SUBMITTED THEM. TEN STUDENTS RECEIVED A TOTAL OF $25,000 FROM THIS PILOT SCHOLARSHIP.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Heidi HanckockDIRECTOR OF ADVANCEMENT40$152,546
Charles DesmondCEO2$101,500
Gladys VegaFORMER DIRECTOR2$0
Donna StewartsonDIRECTOR2$0
Roz HillDIRECTOR2$0
Angela ErvinDIRECTOR2$0
Dean AtkinsDIRECTOR2$0
Benjamin HildrethTREASURER/CLERK5$0
Fernando ReimersDIRECTOR2$0
Ruth MoormanDIRECTOR2$0
Winston LangleyFORMER DIRECTOR2$0
Laurent De GreefDIRECTOR2$0
Michael TaylorDIRECTOR2$0
Michael DouvadjianDIRECTOR2$0
Jon RotenbergDIRECTOR2$0
Sally CurrierDIRECTOR2$0
Stacy ScottDIRECTOR2$0
Richard ReidyDIRECTOR2$0
Meghan BurkeFORMER DIRECTOR2$0
Robert CashmanDIRECTOR2$0
Robert J HildrethPRESIDENT/CHAIRMAN24$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202111319349303521_public.xml