Homenetmen Inc
- Assets
- $75.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Watertown, MA
- Founding
- Data as of
- 12/2021
- EIN
- 85-2608222
Organization Overview
Homenetmen Inc is located in Watertown, MA. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homenetmen Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Homenetmen Inc generated $32.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (14.8%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SUPPORT AND FUNDING FOR YOUTH SPORTS AND SCOUT PROGRAMS BASED ON INTEGRITY, FAIR PLAY AND THE RIGHT OF ALL INDIVIDUALS TO PARTICIPATE. TO PRIVE OPPORTUNITIES TO AID AND ASSIST IN THE DEVELOPMENT OF MORAL STANDARDS FOR SUCH YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vahe Tanashian Treasurer | 0 | $0 | |
Hratch Mesrobian President | 0 | $0 | |
Armand Kilijian Clerk | 0 | $0 | |
Oshin Piroumian Director | 0 | $0 | |
Viggen Davidian Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $29,863 |
| Investment income | $0 |
| Gain or Loss | $19 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,175 |
| Total Revenue | $32,057 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $875 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $496 |
| Total expenses | $1,371 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $75,740 |
| Total liabilities | $915 |
| Net assets or fund balances | $74,825 |
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