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Massachusetts · Public charity

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.

$43k
Granted FY2021
1
Itemized grants FY2021
1
Organizations funded FY2021
0%
First-time grantees FY2021
Read the full brief
Itemized, FY2021
$5k
The rest is grants the schedule does not break out
Median grant, FY2021
$5,065
Largest grant, FY2021
$5,065
Organizations funded a year
1 to 5
FY2017 to FY2021
States reached, FY2021
1
Total assets, FY2021
$837k

How open it is to new grantees

In FY2021, 0% of the organizations Inversant Inc funded were first-time grantees, receiving 0% of its grant dollars.

New vs renewed · share of each year

In FY2021, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’18’19’20’21
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20211$5k0%
FY20204$104k0%
FY20194$66k0%
FY20185$91k20%
FY20175$85kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2021.

Education$220kYouth Development$131k

Top grantees

Largest recipients by total granted, FY2017 to FY2021, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Boys & Girls Clubs of Boston Inc$127,51940%
City of Chelsea$127,1953n/a
City of Salem$63,3435n/a
Kipp Academy Lynn Public Charter School$16,8943n/a
La Vida Inc$12,19732%
Trinity Boston Connects Inc$3,49120%

Compare Inversant Inc with peer funders

About Inversant Inc

How much does Inversant Inc give?
Inversant Inc reported 1 itemized grants totaling $5,065, out of $42,843 in total grant expense reported on the return in its FY2021 IRS filing. It funded between 1 and 5 organizations a year over FY2017 to FY2021.
What does Inversant Inc fund?
By grant dollars over FY2017 to FY2021, its largest causes are Education (63%), Youth Development (37%).
Who are Inversant Inc's largest grantees?
By total granted over FY2017 to FY2021: Boys & Girls Clubs of Boston Inc ($128k), City of Chelsea ($127k), City of Salem ($63k).
Does Inversant Inc fund new organizations?
In FY2021, 0% of the organizations it funded were first-time grantees.
Where is Inversant Inc based?
Inversant Inc is based in MA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 6 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2021, released 2021. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2022) is on record and reports $58k of grant expense, but none of it to a named recipient. On a Form 990 that can mean grants abroad, filed by region only (Schedule F), grants under $5,000, which are not itemized, or a schedule referenced as an attachment the e-file does not carry. The figures above are therefore from FY2021, the most recent year this funder named its grantees.

Source object · view filing

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