Homenetmen Inc
- Assets
- $133.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Watertown, MA
- Founding
- 07/1997
- Data as of
- 02/2021
- EIN
- 04-2674841
Organization Overview
Homenetmen Inc is located in Watertown, MA. The organization was established in 1997. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports 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 02/2021, Homenetmen Inc generated $17.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $11.6k during the year ending 02/2021. As we would expect to see with falling revenues, expenses have declined by (22.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Missak Ourfalian Clerk | 2 | $0 | |
Marlene Gebeyan Assistant Clerk | 2 | $0 | |
Salphi Badrikian Advisor | 5 | $0 | |
George Barmakian Treasurer | 5 | $0 | |
Sevag Khatchadourian President | 5 | $0 | |
Shant Vosbigian Advisor | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,606 |
| Total Program Service Revenue | $2,168 |
| Membership dues | $550 |
| Investment income | $341 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,116 |
| Other Revenue | $0 |
| Total Revenue | $17,781 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $3,584 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,003 |
| Total expenses | $11,587 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,352 |
| Other assets | $0 |
| Total assets | $133,002 |
| Total liabilities | $0 |
| Net assets or fund balances | $133,002 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Homenetmen Inc has recieved totaling $42.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $42 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Hills Country Club Inc Manhasset, NY | $8,665,701 | $10,144,490 |
American Yacht Club Rye, NY | $14,373,671 | $10,489,305 |
Fenway Golf Club Inc Scarsdale, NY | $17,131,251 | $9,912,934 |
Patterson Club Inc Fairfield, CT | $29,144,334 | $11,504,536 |
Metropolis Country Club Inc White Plains, NY | $13,739,275 | $9,618,484 |
Shinnecock Hills Golf Club Southampton, NY | $5,355,089 | $8,322,152 |
Weston Golf Club Inc Weston, MA | $20,248,501 | $11,312,979 |
Atlantic Golf Club Inc Bridgehampton, NY | $37,422,671 | $9,357,231 |
River Club Of New York Inc New York, NY | $17,928,670 | $10,337,765 |
Ardsley Country Club Incorporated Ardsley On Hudson, NY | $21,720,202 | $9,402,636 |
Whippoorwill Club Inc Armonk, NY | $28,365,988 | $10,405,436 |
Bronxville Field Club Inc Bronxville, NY | $9,319,169 | $9,757,634 |