HOMENETMEN-ARMENIAN GENERAL ATHLETIC & SCOUTS INC (EIN 237062425) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1967

Legal Domicile

Principal Officer

VICKEN DAKESSIAN

Phone

8184244888

Tax Period

2023-11-01 to 2024-10-31

HOMENETMEN-ARMENIAN GENERAL ATHLETIC & SCOUTS INC, founded in 1967, is a community nonprofit in the Recreation & Sports sector that reported $5.6M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

TO TRAIN ALL YOUTH AND ATHLETES TO PRACTICE AND PARTICIPATE IN ALL SCOUTING, CAMPING, AND ATHLETIC ACTIVITIES.TO PROVIDE AFTER SCHOOL PROGRAMS TO ALL STUDENTS TO ACHIEVE HIGH EDUCATION AND PURSUE CAREERS OF THEIR CAPABILITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,266,216

Program Service Revenue $1,830,560

Investment Income $50,399

Other Revenue $1,456,535

TOTAL REVENUE $5,603,710

Expense Breakdown

Grants Paid $56,336

Salaries & Benefits $136,256

Fundraising Expenses $0

Program Expenses $3,674,459

Other Expenses $5,263,729

TOTAL EXPENSES $5,456,321

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,603,710	$4,295,747	+0.3%
Expenses	$5,456,321	$3,910,877	+0.4%
Net Income	$147,389	$384,870	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✓ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PIERRE MANOUKIAN	CHAIRMAIN	5.00	Officer Director	$0	$0	$0
ZAREH MOVSESSIAN	VICE CHAIRMAN	5.00	Officer Director	$0	$0	$0
RAFFI VARJABEDIAN	SECRETARY	10.00	Officer Director	$0	$0	$0
VICKEN DACKESSIAN	TREASURER	20.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$5,742,080	$5,390,344	$8,069,428	$351,736
2024	$5,766,197	$5,360,254	$8,069,428	$405,943
2024	$5,603,710	$5,456,321	$8,095,008	$147,389
2023	$4,295,747	$3,910,877	$7,776,162	$384,870
2022	$1,316,800	$1,447,196	$16,613,387	$-130,396
2022	$4,241,467	$4,780,116	$16,273,200	$-538,649
2021	$2,431,674	$2,638,911	$16,930,801	$-207,237
2020	$2,010,983	$2,459,840	$17,430,770	$-448,857
2019	$5,209,290	$5,138,084	$16,957,949	$71,206
2018	$5,627,715	$5,418,168	$16,950,712	$209,547

HOMENETMEN-ARMENIAN GENERAL ATHLETIC & SCOUTS INC