Overview
What is Homenetmen Of Greater Washington Inc?
Homenetmen of Greater Washington Inc is a nonprofit organization situated in Bethesda, Maryland. Their primary mission is to foster education and character development, encouraging physical fitness while instilling values such as history, patriotism, courage, self-reliance, and other virtuous traits in both children and adults. They accomplish this through various programs, including social events like their 50th anniversary dance, New Year's Eve celebration, and Valentine's Day dance, as well as an athletic program.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Homenetmen Of Greater Washington Inc has received an 80% rating from Charity Navigator, earning a Three-Star designation. This score reflects strong performance in the Accountability & Finance category, indicating that the organization maintains a commitment to transparency and responsible financial management. The high score in this area suggests that donors can have confidence in the charity's operations and financial practices.
The organization demonstrates a robust governance structure, with a fully independent board consisting of seven members. It has received top marks for having no material diversion of assets and effectively retaining important documents, including board meeting minutes. This level of oversight contributes to the organization's overall financial health and accountability.
While the program expense ratio stands at a commendable 73.70%, which indicates that a significant portion of funds is directed toward programs rather than administrative costs, potential donors might still seek more information about specific programs and their impacts. Overall, Homenetmen Of Greater Washington Inc appears to be a reliable nonprofit with a solid financial footing and strong governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Homenetmen Of Greater Washington Inc legitimate?
Homenetmen Of Greater Washington Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homenetmen Of Greater Washington Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Homenetmen Of Greater Washington Inc?
Homenetmen Of Greater Washington Inc's mission is centered around education and character development. The organization strives to promote physical fitness and instill values such as history, patriotism, courage, self-reliance, and other virtues in both children and adults. They achieve this through their programs and activities, although specific details were not provided in the information.
Who is the CEO of Homenetmen Of Greater Washington Inc?
Yeran Simonian is the President of Homenetmen Of Greater Washington Inc.
What is the revenue of Homenetmen Of Greater Washington Inc?
Homenetmen Of Greater Washington Inc's revenue in 2022 was $115,591.
Who are the executives of Homenetmen Of Greater Washington Inc and what are their salaries?
There 7 volunteers at Homenetmen Of Greater Washington Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Homenetmen Of Greater Washington Inc?
Homenetmen Of Greater Washington Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Homenetmen Of Greater Washington Inc
Homenetmen Of Greater Washington is an organization dedicated to promoting education and character development. Its mission is to encourage physical fitness and instill values such as history, patriotism, courage, self-reliance, and other virtues in both children and adults. By offering various programs and events, this nonprofit aims to foster personal growth and development in its community members. These events range from social gatherings like the 50th anniversary dance and New Year's Eve celebration, to athletic programs, providing a well-rounded experience for its participants.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Homenetmen of Greater Washington Inc. significantly impacts the local community by fostering education and character development among children and adults. Through its diverse programs, the organization emphasizes the importance of physical fitness while instilling values such as history, patriotism, courage, and self-reliance.
The educational aspects are woven into various activities designed to cultivate personal growth, promoting not only individual well-being but also a sense of community and shared values. Social events, such as the 50th anniversary dance and New Year's Eve celebration, strengthen community ties, offering opportunities for individuals and families to connect and celebrate their heritage.
The athletic programs encourage teamwork, discipline, and physical health, while the broader educational initiatives inspire participants to embrace essential virtues that contribute to their overall character development. By nurturing these qualities, Homenetmen of Greater Washington Inc. helps shape well-rounded individuals who can positively impact society.
This information is meant to be a general summary of Homenetmen Of Greater Washington Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,124
- Program Service Revenue: $101,930
- Gross Receipts: $115,591
Assets and Liabilities:
- Total Assets: $210,364
- Total Liabilities: $0
- Net Assets: $210,364
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1992
Phone
(301) 404-6082Principal Officer
Yeran Simonian
Main Address
4906 Flint Drive, Bethesda, MD, 20816
NTEE Category
Code: B99 - Education
If you are a representative of Homenetmen Of Greater Washington Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.