Homenetmen Inc.

990EZ • Fiscal year 2022 • EIN 85-2608222

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 20, 2023

Organization Profile N/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.

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

51%

Higher net margin than 89% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

99%

Faster asset growth than 91% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

364%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet

Liabilities / Assets58th percentile

Assets

$150,984

Up $75,244 (+99%) from 2021

Net Assets

$150,984

Up $76,159 (+102%) from 2021

Liabilities

Down

Down $915 (-100%) from 2021

Revenue And Expenses

Liabilities / Revenue58th percentile Net Margin89th percentile

Revenue

$148,732

Up $116,675 (+364%) from 2021

Expenses

$72,573

Up $71,202 (+5193%) from 2021

Net Income

$76,159

Up $45,473 (+148%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

Highlighted filing

2022

Assets$150,984

Liabilities$0

Net Assets$150,984

Open 2022 Filing

Operations Trend

Revenue Growth95th percentile

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

Highlighted filing

2022

Revenue$148,732

Expenses$72,573

Net Income$76,159

Open 2022 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2022 to Dec 31, 2022
Signed: Oct 20, 2023
Return Version: 2022v5.0
Gross Receipts: $154,638

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

Description	Grants	Expenses
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 Pay78th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
HRATCH MESROBIAN	President	-	$0	-	-
VAHE TANASHIAN	Treasurer	-	$0	-	-
ARMAND KILIJIAN	Clerk	-	$0	-	-
OSHIN PIROUMIAN	Director	-	$0	-	-
VIGGEN DAVIDIAN	Director	-	$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: 2023-10-20
Discuss with paid preparer: Yes

Preparer

Firm: Armen a Torossian CPA Pllc
Address: 45-55 39TH PLACE, SUNNYSIDE, NY 11104
Preparer: Armen Torossian CPA
Phone: 7183929644

Supplemental Narrative

Additional Explanations

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

“Description: DIVIDEND INCOME. Amount: 1,186. Description: CAPITAL GAIN DISTRIBUTIONS. Amount: 426. Total to Form 990-EZ, line 8: 1,612.”

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

“Description: ADVISORY FEES. Amount: 863. Description: STATE FILING FEES. Amount: 35. Description: BANK FEES. Amount: 180. Description: ATHELETE TRAVEL EXPENSES. Amount: 21,398. Description: ATHELETE MEALS. Amount: 43,771. Description: OFFICE EXPENSES. Amount: 5,000. Total to Form 990-EZ, line 16: 71,247.”

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

“Description: DAVENPORT INVESTMENT ACCOUNT. Beg. of Year Amount: 75,740. End of Year Amount: 71,446.”

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

“Description: DUE TO AFFILIATES. Beg. of Year Amount: 915. End of Year Amount: 0.”

Raw XML Appendix167 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.

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IRS990EZ/BooksInCareOfDetail/PhoneNum	0	7183929644
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	80 BIGELOW AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	WATERTOWN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	02472
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	0
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	79538
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	54000
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IRS990EZ/DirectIndirectPltclExpendAmt	0	0
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IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	76159
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IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	75740
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	150984
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	-43
IRS990EZ/GrossReceiptsAmt	0	154638
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MembershipDuesAmt	0	38088
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	74825
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	150984
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	74825
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	150984
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	HRATCH MESROBIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	VAHE TANASHIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	ARMAND KILIJIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	OSHIN PIROUMIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	VIGGEN DAVIDIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	DIRECTOR
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	75740
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	71446
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	71247
IRS990EZ/OtherRevenueTotalAmt	0	1612
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	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.
IRS990EZ/ProgramServiceRevenueAmt	0	55075
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SaleOfAssetsGrossAmt	0	5863
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	MA
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	915
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	72573
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	148732
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	147163
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	29863
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	44139
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	221165
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	221165
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt	0	0
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	147163
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	29863
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	44139
IRS990ScheduleA/Total509Grp/TotalAmt	0	221165
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	147163
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	29863
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	44139
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	221165
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Description: DIVIDEND INCOME. Amount: 1,186. Description: CAPITAL GAIN DISTRIBUTIONS. Amount: 426. Total to Form 990-EZ, line 8: 1,612.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Description: ADVISORY FEES. Amount: 863. Description: STATE FILING FEES. Amount: 35. Description: BANK FEES. Amount: 180. Description: ATHELETE TRAVEL EXPENSES. Amount: 21,398. Description: ATHELETE MEALS. Amount: 43,771. Description: OFFICE EXPENSES. Amount: 5,000. Total to Form 990-EZ, line 16: 71,247.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Description: DAVENPORT INVESTMENT ACCOUNT. Beg. of Year Amount: 75,740. End of Year Amount: 71,446.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Description: DUE TO AFFILIATES. Beg. of Year Amount: 915. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990-EZ, Part I, Line 8 - Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	The 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.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	3
ReturnHeader/BuildTS	0	2023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	HRATCH MESROBIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7183929644
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2023-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	HOMENETMEN INC
ReturnHeader/Filer/BusinessNameControlTxt	0	HOME
ReturnHeader/Filer/EIN	0	852608222
ReturnHeader/Filer/PhoneNum	0	2024975572
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	80 BIGELOW AVENUE
ReturnHeader/Filer/USAddress/CityNm	0	WATERTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MA
ReturnHeader/Filer/USAddress/ZIPCd	0	02472
ReturnHeader/IRSResponsiblePrtyInfoCurrInd	0	0
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	874509869
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	ARMEN A TOROSSIAN CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	45-55 39TH PLACE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	SUNNYSIDE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	11104
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7183929644
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	ARMEN TOROSSIAN CPA
ReturnHeader/ReturnTs	0	2023-10-30T09:58:29-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	HRATCH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	MESROBIAN
ReturnHeader/TaxPeriodBeginDt	0	2022-01-01
ReturnHeader/TaxPeriodEndDt	0	2022-12-31
ReturnHeader/TaxYr	0	2022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $150,984
Liabilities: $0
Net assets: $150,984
Revenue: $148,732
Expenses: $72,573
Net income: $76,159

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net 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