Civic Intelligence

Homenetmen Inc.

990EZ • Fiscal year 2021 • EIN 85-2608222

Jan 01, 2021 to Dec 31, 2021 • Filed on May 05, 2022

Organization ProfileN/A
80 Bigelow AvenueWatertown, MA 02472

(202) 497-5572

Siviq Scores

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

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

71st percentile

0.03x

Higher debt load relative to revenue than 71% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

98th percentile

96%

Higher net margin than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

85th percentile

72%

Faster asset growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

27th percentile

-27%

Faster revenue growth than 27% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$75,740

Up $31,601 (+72%) from 2020

Net Assets

Up

$74,825

Up $30,686 (+70%) from 2020

Liabilities

Up

$915

Up $915 from 2020

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin98th percentile

Revenue

Down

$32,057

Down $12,082 (-27%) from 2020

Expenses

Up

$1,371

Up $1,371 from 2020

Net Income

Down

$30,686

Down $13,453 (-30%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$200K$150K$100K$50K$0Assets 2020: $44,139Liabilities 2020: $0Net Assets 2020: $44,1392020Assets 2021: $75,740Liabilities 2021: $915Net Assets 2021: $74,8252021Assets 2022: $150,984Liabilities 2022: $0Net Assets 2022: $150,9842022Assets 2023: $135,838Net Assets 2023: $135,8382023Assets 2024: $179,694Liabilities 2024: $41,834Net Assets 2024: $137,8602024

Highlighted filing

2021

Assets$75,740
Liabilities$915
Net Assets$74,825
Open 2021 Filing

Operations Trend

Revenue Growth27th percentile

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

$150K$100K$50K$0-$50KRevenue 2020: $44,139Expenses 2020: $0Net Income 2020: $44,1392020Revenue 2021: $32,057Expenses 2021: $1,371Net Income 2021: $30,6862021Revenue 2022: $148,732Expenses 2022: $72,573Net Income 2022: $76,1592022Revenue 2023: $18,913Expenses 2023: $34,059Net Income 2023: -$15,1462023Revenue 2024: $24,250Expenses 2024: $22,228Net Income 2024: $2,0222024

Highlighted filing

2021

Revenue$32,057
Expenses$1,371
Net Income$30,686
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 5, 2022
Return Version
2021v4.2
Gross Receipts
$32,494
Mission and Program Overview

Mission

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.

Program Services

DescriptionGrantsExpenses
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.$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HRATCH MESROBIANPresident-$0--
VAHE TANASHIANTreasurer-$0--
ARMAND KILIJIANClerk-$0--
OSHIN PIROUMIANDirector-$0--
VIGGEN DAVIDIANDirector-$0--
Filing and Contact Details

Filer

Filer Name
Homenetmen Inc
EIN
85-2608222
Phone
2024975572
Address
80 BIGELOW AVENUE, WATERTOWN, MA 02472

Signing Officer

Name
Hratch Mesrobian
Title
President
Phone
7183929644
Signed
2022-05-05

Preparer

Firm
Torossian Associates LLC
Address
45-55 39TH PLACE, SUNNYSIDE, NY 11104-3501
Preparer
Torossian Associates LLC
Phone
7183929644
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: dividend income. Amount: 603. Description: capital gain distributions. Amount: 1,572. Total to form 990-ez, line 8: 2,175.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: advisory fees. Amount: 456. Description: state filing fees. Amount: 40. Total to form 990-ez, line 16: 496.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: davenport investment account. Beg. Of year amount: 44,139. End of year amount: 75,740.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: due to affiliates. Beg. Of year amount: 0. End of year amount: 915.”

Raw XML Appendix159 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum07183929644
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WATERTOWN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002472
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HRATCH MESROBIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1VAHE TANASHIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ARMAND KILIJIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3OSHIN PIROUMIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4VIGGEN DAVIDIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt075740
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0496
IRS990EZ/OtherRevenueTotalAmt02175
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt0456
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0915
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt01371
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt032057
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt044139
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt074002
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DIVIDEND INCOME. AMOUNT: 603. DESCRIPTION: CAPITAL GAIN DISTRIBUTIONS. AMOUNT: 1,572. TOTAL TO FORM 990-EZ, LINE 8: 2,175.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADVISORY FEES. AMOUNT: 456. DESCRIPTION: STATE FILING FEES. AMOUNT: 40. TOTAL TO FORM 990-EZ, LINE 16: 496.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HRATCH MESROBIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07183929644
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOMENETMEN INC
ReturnHeader/Filer/BusinessNameControlTxt0HOME
ReturnHeader/Filer/EIN0852608222
ReturnHeader/Filer/PhoneNum02024975572
ReturnHeader/Filer/USAddress/AddressLine1Txt080 BIGELOW AVENUE
ReturnHeader/Filer/USAddress/CityNm0WATERTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002472
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0820566870
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TOROSSIAN ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt045-55 39TH PLACE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SUNNYSIDE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0111043501
ReturnHeader/PreparerPersonGrp/PhoneNum07183929644
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TOROSSIAN ASSOCIATES LLC
ReturnHeader/ReturnTs02022-05-16T09:27:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HRATCH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MESROBIAN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$75,740
Liabilities
$915
Net assets
$74,825
Revenue
$32,057
Expenses
$1,371
Net income
$30,686
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.80$0.42$1.38$0.24$0.22$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.36$1.36$0.19$0.34$0.15
2022Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$1.49$0.73$0.76
2021Detailed filing. Detailed filing data is available for this year.$0.76$0.01$0.75$0.32$0.01$0.31
2020Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.44$0.00$0.44