Civic Intelligence

Fuel Education Inc

990 • Fiscal year 2016 • EIN 27-1462229

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 04, 2017

Organization ProfileWWW.INVERSANT.ORG
561 Boylston Street 4th FloorBoston, MA 02116-3632

(617) 423-0211

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.61x

Higher debt load relative to assets than 83% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

67th percentile

0.27x

Higher debt load relative to revenue than 67% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

65th percentile

7.7%

Higher net margin than 65% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

37th percentile

-1.6%

Faster asset growth than 37% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2016

Revenue Growth

50th percentile

2.6%

Faster revenue growth than 50% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2016

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$531,967

Down $16,967 (-3.1%) from 2014

Net Assets

Down

$208,002

Down $35,360 (-15%) from 2014

Liabilities

Up

$323,965

Up $18,393 (+6.0%) from 2014

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin65th percentile

Revenue

Up

$1,205,446

Up $59,498 (+5.2%) from 2014

Expenses

Up

$1,112,597

Up $121,437 (+12%) from 2014

Net Income

Down

$92,849

Down $61,939 (-40%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $78,773Liabilities 2011: $12,744Net Assets 2011: $66,0292011Assets 2012: $141,579Liabilities 2012: $10,031Net Assets 2012: $131,5482012Assets 2014: $548,934Liabilities 2014: $305,572Net Assets 2014: $243,3622014Assets 2016: $531,967Liabilities 2016: $323,965Net Assets 2016: $208,0022016Assets 2017: $265,548Liabilities 2017: $9,601Net Assets 2017: $255,9472017Assets 2018: $185,157Liabilities 2018: $2,164Net Assets 2018: $182,9932018Assets 2019: $218,947Liabilities 2019: $24,750Net Assets 2019: $194,1972019Assets 2020: $1,714,535Liabilities 2020: $405,633Net Assets 2020: $1,308,9022020Assets 2021: $1,260,534Liabilities 2021: $646,244Net Assets 2021: $614,2902021Assets 2022: $837,041Liabilities 2022: $788,272Net Assets 2022: $48,7692022

Highlighted filing

2016

Assets$531,967
Liabilities$323,965
Net Assets$208,002
Open 2016 Filing

Operations Trend

Revenue Growth50th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $809,5082011Expenses 2012: $896,4592012Revenue 2014: $1,145,948Expenses 2014: $991,160Net Income 2014: $154,7882014Revenue 2016: $1,205,446Expenses 2016: $1,112,597Net Income 2016: $92,8492016Revenue 2017: $1,111,630Expenses 2017: $1,063,685Net Income 2017: $47,9452017Revenue 2018: $1,078,536Expenses 2018: $1,151,490Net Income 2018: -$72,9542018Revenue 2019: $1,181,330Expenses 2019: $1,170,126Net Income 2019: $11,2042019Revenue 2020: $2,732,725Expenses 2020: $1,618,019Net Income 2020: $1,114,7062020Revenue 2021: $1,077,205Expenses 2021: $1,712,455Net Income 2021: -$635,2502021Revenue 2022: $499,150Expenses 2022: $1,064,672Net Income 2022: -$565,5222022

Highlighted filing

2016

Revenue$1,205,446
Expenses$1,112,597
Net Income$92,849
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 4, 2017
Return Version
2016v3.0
Gross Receipts
$1,205,446
Mission and Program Overview

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.

To motivate and provide resources to low-income families to seek higher education for their children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$319,306$319,855▲ $549
Rtn Earn Endowment Incm Other Fnds$148,398$208,002▲ $59,604
Savings and Temporary Cash Investments$101,052$183,339▲ $82,287
Land, Buildings, and Equipment, Net$31,050$28,773▼ $2,277
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$451,408$531,967▲ $80,559
Liabilities
Other Liabilities$302,288$319,855▲ $17,567
Accounts Payable and Accrued Expenses$722$4,110▲ $3,388
Total Liabilities$303,010$323,965▲ $20,955
Net Assets / Fund Balance
Total Net Assets Fund Balance$148,398$208,002▲ $59,604
Total Liabilities and Net Assets / Fund Balance$451,408$531,967▲ $80,559

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$26,984$4,400$31,384
Other Land Buildings$1,789$15,529$17,318
Other Securities$319,855--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Robert J HildrethPresident
Ana Julia Jatar-hausmannDirector
Elvaldo MorataDirector
Fernando ReimersDirector
Gladys VegaDirector
Jaidip ChandraDirector
Jon RotenbergDirector
Larry FishDirector
Meghan BurkeDirector
Michael DouvadjianDirector
Michael TaylorDirector
Richard ReidyDirector
Robert CashmanDirector
Ruth MoormanDirector
Sally CurrierDirector
Stacy ScottDirector
Winston LangelyDirector
Diane HildrethTreasurer/clerk
Revenue and Support

Revenue Composition

Contributions and Grants
$1,189,067
Program Service Revenue
$0
Investment Income
$16,379
Other Revenue
$0
All Other Contributions
$716,747
Change in Net Assets
$92,849

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$47,519Billable Hourly Rate
Total Noncash Contributions1$47,519-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,205,446
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,205,446
Total Revenue per Form 990
$1,205,446
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$541,137
Other Expenses$413,481
Grants and Similar Amounts Paid$157,979
Total Fundraising Expense$116,017
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$353,801$68,539$76,484$498,824
Grants to Domestic Orgs$157,979--$157,979
Occupancy$76,618$5,463$9,135$91,216
Fees for Services Legal$47,519--$47,519
Payroll Taxes$30,011$5,814$6,488$42,313
All Other Expenses$20,513$2,172$5,889$28,574
Information Technology$19,913$3,858$4,305$28,076
Travel$19,188$3,717$4,148$27,053
Conferences and Meetings$25,433$282-$25,715
Fees for Services Accounting-$23,733-$23,733
Office Expenses$11,435$2,109$2,353$15,897
Advertising$13,851--$13,851
Other Expenses$10,257$1,164$1,565$12,986
Insurance$7,523--$7,523
Fees for Services Other$2,375$460$514$3,349
Depreciation Depletion$1,615$313$349$2,277
Total Functional Expenses$875,002$121,578$116,017$1,112,597

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,112,597
Total Expenses per Audited Statements$1,112,597
Total Expenses per Form 990$1,112,597
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Chelsea Public SchoolsChelsea, MA-To Fund Partner Program$57,389
La Vida ScholarsLynn, MA-To Fund Partner Program$51,200
Boys & Girls Club of BostonBoston, MA-To Fund Partner Program$25,600
Trinity Education for Excellent ProgramBoston, MA-To Fund Partner Program$2,450
Kipp Academy Lynn Collegiate High SchoolLynn, MA-To Fund Partner Program$1,050
Salem Public SchoolsSalem, MA-To Fund Partner Program$505
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Joseph RukeyserphdSECRETARY'S BROTHER-IN-LAWProvided Consulting Services to the Organization.No-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan From Related Party$319,855
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The president and secretary/clerk of the organization are husband and wife.”

Form 990, Part VI, Section A, Line 8B

“Individual committees are not authorized to vote on behalf of the governing board.”

Form 990, Part VI, Section B, Line 11B

“A copy of the 990 was provided to the governing body of the organization prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The organizations require all board members and key employees to sign a conflict of interest disclosure form annually. Board members are questioned as to any changes in their relationship with the organization at monthly board meetings.”

Form 990, Part VI, Section B, Line 15

“All compensation of the organization's key employees is approved by the board of directors.”

Form 990, Part VI, Section C, Line 18

“AVAILABLE UPON REQUEST”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Inversant Inc
EIN
27-1462229
Phone
6174230211
Address
561 BOYLSTON STREET 4TH FLOOR, BOSTON, MA 02116-3632

Signing Officer

Name
Robert Hildreth
Title
President
Phone
6172672818
Signed
2017-04-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Hildreth
Formed
2009
Legal Domicile
Ma
Voting Board Members
18
Independent Board Members
17
Employees
15
Volunteers
10

Preparer

Firm
Gosule Butkus & Jesson Llp
Address
480 ADAMS STREET, MILTON, MA 02186
Preparer
Leslie Gosule
Phone
6176983950
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 13A

“MA”

Financial Statement Notes

PART X, LINE 2:

“The organization is a public charity exempt from federal income tax under section 501(c)(3) of the internal revenue code. The organization does not believe it has engaged in any activities during the past year that would jeopardize its tax exempt status at either the state or federal level. The organization reports its activities to the irs in an annual information return. These filings are subject to review by the taxing authorities and the federal income tax for 2016, 2015 and 2014 are subject to examination by the irs, generally for three years after they are filed.”

Raw XML AppendixShowing 400 of 696 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0722
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04110
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO MOTIVATE AND PROVIDE RESOURCES TO LOW-INCOME FAMILIES TO SEEK HIGHER EDUCATION FOR THEIR CHILDREN.
IRS990/AdvertisingGrp/ProgramServicesAmt013851
IRS990/AdvertisingGrp/TotalAmt013851
IRS990/AllOtherContributionsAmt0716747
IRS990/AllOtherExpensesGrp/FundraisingAmt05889
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02172
IRS990/AllOtherExpensesGrp/ProgramServicesAmt020513
IRS990/AllOtherExpensesGrp/TotalAmt028574
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0INSOURCE SERVICES INC
IRS990/BooksInCareOfDetail/PhoneNum07812351490
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0148 LINDEN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0WELLESLEY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002482
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0282
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt025433
IRS990/ConferencesMeetingsGrp/TotalAmt025715
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt012320
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01189067
IRS990/CYGrantsAndSimilarPaidAmt0157979
IRS990/CYInvestmentIncomeAmt016379
IRS990/CYOtherExpensesAmt0413481
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt092849
IRS990/CYSalariesCompEmpBnftPaidAmt0541137
IRS990/CYTotalExpensesAmt01112597
IRS990/CYTotalFundraisingExpenseAmt0116017
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01205446
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt0349
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0313
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01615
IRS990/DepreciationDepletionGrp/TotalAmt02277
IRS990/Desc0INVERSAN WORKS WITH SEVERAL PROGRAM PARTNERS IN BOSTON, CHELSEA, LYNN AND SALEM. MORE THAN 1,000 INVERSANT FAMILIES HAVE OPENED OVER 1,200 EDUCATIONAL SAVINGS ACCOUNTS FOR THEIR CHILDREN AND PUT AWAY MORE THAN $900,000 TOWARD HIGHER EDUCATION. 400 INVERSANT STUDENTS ARE NOW MATRICULATING AT COLLEGE. INVERSANT HAS FORMED PARTNERSHIPS WITH FIVE PROMINENT UNIVERSITIES THAT OFFER INVERSANT STUDENTS SPECIAL CONSIDERATIONS FOR MORE THAN 40 FULL OR PARTIAL SCHOLARSHIP PACKAGES. IN SEVEN YEARS OF EXISTENCE, INVERSANT HAS ESTABLISHED A PRESENCE IN THREE GREATER BOSTON GATEWAY CITIES AND GARNERED OVER $5.2 MILLION OF FUNDING FROM MORE THAN 45 FOUNDATIONS AND ORGANIZATIONS, AND 120 INDIVIDUALS WHOSE SUPPORT VALIDATES OUT MODEL AND MISSION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt015
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0875002
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt023733
IRS990/FeesForServicesAccountingGrp/TotalAmt023733
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt047519
IRS990/FeesForServicesLegalGrp/TotalAmt047519
IRS990/FeesForServicesOtherGrp/FundraisingAmt0514
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0460
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02375
IRS990/FeesForServicesOtherGrp/TotalAmt03349
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt152.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt162.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt175.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT J HILDRETH
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT CASHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2MEGHAN BURKE
IRS990/Form990PartVIISectionAGrp/PersonNm3RICHARD REIDY
IRS990/Form990PartVIISectionAGrp/PersonNm4STACY SCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm5SALLY CURRIER
IRS990/Form990PartVIISectionAGrp/PersonNm6JON ROTENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm7GLADYS VEGA
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL DOUVADJIAN
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHAEL TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm10ANA JULIA JATAR-HAUSMANN
IRS990/Form990PartVIISectionAGrp/PersonNm11JAIDIP CHANDRA
IRS990/Form990PartVIISectionAGrp/PersonNm12LARRY FISH
IRS990/Form990PartVIISectionAGrp/PersonNm13WINSTON LANGELY
IRS990/Form990PartVIISectionAGrp/PersonNm14RUTH MOORMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15ELVALDO MORATA
IRS990/Form990PartVIISectionAGrp/PersonNm16FERNANDO REIMERS
IRS990/Form990PartVIISectionAGrp/PersonNm17DIANE HILDRETH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17TREASURER/CLERK
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt012320
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt0157979
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0157979
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0157979
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01205446
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt04305
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03858
IRS990/InformationTechnologyGrp/ProgramServicesAmt019913
IRS990/InformationTechnologyGrp/TotalAmt028076
IRS990/InsuranceGrp/ProgramServicesAmt07523
IRS990/InsuranceGrp/TotalAmt07523
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt016379
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt016379
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0319306
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0319855
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt019929
IRS990/LandBldgEquipBasisNetGrp/BOYAmt031050
IRS990/LandBldgEquipBasisNetGrp/EOYAmt028773
IRS990/LandBldgEquipCostOrOtherBssAmt048702
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0INVERSANT BELIEVES THAT FAMILY ENGAGEMENT IS CRUCIAL TO STUDENTS' EDUCATIONAL ACHIEVEMENT. WORKING WITH COMMUNITY PARTNERS, INVERSANT PROVIDES KNOWLEDGE, RESOURCES, AND FINANCIAL INCENTIVES THAT EMPOWER UNDERSERVED PARENTS TO PROPEL THEIR CHILDREN INTO HIGHER EDUCATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0148398
IRS990/NetAssetsOrFundBalancesEOYAmt0208002
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-33245
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt047519
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt09135
IRS990/OccupancyGrp/ManagementAndGeneralAmt05463
IRS990/OccupancyGrp/ProgramServicesAmt076618
IRS990/OccupancyGrp/TotalAmt091216
IRS990/OfficeExpensesGrp/FundraisingAmt02353
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02109
IRS990/OfficeExpensesGrp/ProgramServicesAmt011435
IRS990/OfficeExpensesGrp/TotalAmt015897
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0GROUP INSURANCE
IRS990/OtherExpensesGrp/Desc1CONSULTING
IRS990/OtherExpensesGrp/Desc2COMMUNICATIONS
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/FundraisingAmt04787
IRS990/OtherExpensesGrp/FundraisingAmt11565
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03954
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11164
IRS990/OtherExpensesGrp/ProgramServicesAmt022657
IRS990/OtherExpensesGrp/ProgramServicesAmt130243
IRS990/OtherExpensesGrp/ProgramServicesAmt224071
IRS990/OtherExpensesGrp/ProgramServicesAmt310257
IRS990/OtherExpensesGrp/TotalAmt031398
IRS990/OtherExpensesGrp/TotalAmt130243
IRS990/OtherExpensesGrp/TotalAmt224071
IRS990/OtherExpensesGrp/TotalAmt312986
IRS990/OtherLiabilitiesGrp/BOYAmt0302288
IRS990/OtherLiabilitiesGrp/EOYAmt0319855
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt076484
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt068539
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0353801
IRS990/OtherSalariesAndWagesGrp/TotalAmt0498824
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06488
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05814
IRS990/PayrollTaxesGrp/ProgramServicesAmt030011
IRS990/PayrollTaxesGrp/TotalAmt042313
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ROBERT HILDRETH
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01095917
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt092963
IRS990/PYInvestmentIncomeAmt016388
IRS990/PYOtherExpensesAmt0630847
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-59039
IRS990/PYSalariesCompEmpBnftPaidAmt0447534
IRS990/PYTotalExpensesAmt01171344
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01112305
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt092849
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0460000
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01063846
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0148398
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0208002
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0101052
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0183339
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01141548
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0988576
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01109216
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01000592
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0961952
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05201884
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt016379
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt016388
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt08038
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt054
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt040885
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt016379
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt016388
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt08038
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt054
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt040885
IRS990ScheduleA/InvestmentIncomeCYPct00.00770
IRS990ScheduleA/InvestmentIncomePYPct00.00490
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt025644
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt028680
IRS990ScheduleA/OtherIncome509Grp/TotalAmt054324
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98200
IRS990ScheduleA/PublicSupportPY509Pct00.98410
IRS990ScheduleA/PublicSupportTotal509Amt05201884
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01141548
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0988576
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01109216
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01000592
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0961952
IRS990ScheduleA/Total509Grp/TotalAmt05201884
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01157927
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01030608
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01145934
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01000646
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0961978
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05297093
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$531,967
Liabilities
$323,965
Net assets
$208,002
Revenue
$1,205,446
Expenses
$1,112,597
Net income
$92,849
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.84$0.79$0.05$0.50$1.06$0.57
2021Detailed filing. Detailed filing data is available for this year.$1.26$0.65$0.61$1.08$1.71$0.64
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.41$1.31$2.73$1.62$1.11
2019Detailed filing. Detailed filing data is available for this year.$0.22$0.02$0.19$1.18$1.17$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.18$1.08$1.15$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$1.11$1.06$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.53$0.32$0.21$1.21$1.11$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.55$0.31$0.24$1.15$0.99$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.01$0.13$0.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.01$0.07$0.81