Homers 2 42 Inc is a 501(c)(3) organization based in Lenexa, Kansas, registered in 2001, with $475,156 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$475K
▲ 6.3% vs prior year
Education median: $200K
Expenses (FY2024)
$488K
Net assets
$65K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Homers 2 42 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Homers 2 42 Inc: 2 mo reserves · -3% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Homers 2 42 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Homers 2 42 Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $356K (FY2013) to $475K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-2.8%
Spent more than it raised in the latest fiscal year.
Total assets
$364K
Total liabilities
$299K
Net assets
$65K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $475,156▲6.3% | $488,261▲0.3% | $65,342▼16.2% | $364,495▼2.5% | 990 |
| 2023 | $447,185▲105% | $486,705▲99.2% | $77,956▼31.7% | $373,740▼10.2% | 990 |
| 2022 | $217,796▼37.6% | $244,386▼30.3% | $114,110▼32.2% | $416,098▼17.7% | 990 |
| 2021 | $348,867▲19.1% | $350,616▲20.2% | $168,356▼1.0% | $505,676▲7.9% | 990 |
| 2020 | $292,944▼22.4% | $291,577▼14.5% | $170,105▼1.2% | $468,586▼3.3% | 990 |
| 2019 | $377,320▲44.7% | $341,038▲23.0% | $172,124▲26.7% | $484,771▲188% | 990 |
| 2018 | $260,806▼14.5% | $277,335▼3.5% | $135,842▼3.9% | $168,465▲0.3% | 990 |
| 2017 | $304,892▼20.0% | $287,471▼1.5% | $141,371▲14.1% | $168,038▼11.0% | 990 |
| 2016 | $381,150▲39.5% | $291,930▲3.6% | $123,950▲257% | $188,900▲228% | 990 |
| 2015 | $273,181▼23.3% | $281,717▼22.4% | $34,730▲357% | $57,522▲75.1% | 990 |
| 2013 | $356,264 | $362,851▲11.3% | -$13,522▼95.0% | $32,859▼13.1% | 990 |
| 2012 | — | $325,983 | -$6,935 | $37,830 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Homers 2 42 Inc (EIN 48-1241015) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.