Civic Intelligence

Jennifer Rose Cernuto Family

EIN 45-3215034 • 501(c)3 • Mooresville, NC

Profile

The jennifer rose cernuto family foundation, inc. Seeks to encourage, educate and fund projects that directly impact the community in a positive way that exemplifies jennifer's love and commitment to christ and to serve mankind.

132 Joe V Knox Avenue 105Mooresville, NC 28117

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

78th percentile

0.00x

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

NTEE T12 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.00x

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

NTEE T12 • <$500k nonprofits • Source year 2024

Net Margin

8th percentile

-87%

Higher net margin than 8% of similar nonprofits.

NTEE T12 • <$500k nonprofits • Source year 2024

Top Officer Pay

99th percentile

$0

Higher top officer pay than 99% of similar nonprofits.

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

NTEE T12 • <$500k nonprofits • Source year 2024

Asset Growth

42nd percentile

-4.6%

Faster asset growth than 42% of similar nonprofits.

NTEE T12 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

29%

Faster revenue growth than 67% of similar nonprofits.

NTEE T12 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$163,079

Down $7,809 (-4.6%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$163,079

Down $7,809 (-4.6%) from 2023

Revenue

Up

$9,000

Up $2,000 (+29%) from 2023

Expenses

Up

$16,809

Up $961 (+6.1%) from 2023

Net Income

Up

-$7,809

Up $1,039 (+12%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2011: $15,638Liabilities 2011: $02011Assets 2013: $64,006Liabilities 2013: $0Net Assets 2013: $64,0062013Assets 2014: $99,026Liabilities 2014: $0Net Assets 2014: $99,0262014Assets 2015: $119,477Liabilities 2015: $0Net Assets 2015: $119,4772015Assets 2016: $148,345Liabilities 2016: $0Net Assets 2016: $148,3452016Assets 2017: $173,441Liabilities 2017: $0Net Assets 2017: $173,4412017Assets 2018: $180,751Liabilities 2018: $0Net Assets 2018: $180,7512018Assets 2019: $184,805Liabilities 2019: $0Net Assets 2019: $184,8052019Assets 2020: $184,155Liabilities 2020: $0Net Assets 2020: $184,1552020Assets 2021: $177,112Liabilities 2021: $0Net Assets 2021: $177,1122021Assets 2022: $179,736Liabilities 2022: $0Net Assets 2022: $179,7362022Assets 2023: $170,888Liabilities 2023: $0Net Assets 2023: $170,8882023Assets 2024: $163,079Liabilities 2024: $0Net Assets 2024: $163,0792024

Highlighted filing

2024

Assets$163,079
Liabilities$0
Net Assets$163,079

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $15,638Expenses 2011: $0Net Income 2011: $15,6382011Revenue 2013: $106,826Expenses 2013: $67,238Net Income 2013: $39,5882013Revenue 2014: $60,026Expenses 2014: $25,006Net Income 2014: $35,0202014Revenue 2015: $39,206Expenses 2015: $18,755Net Income 2015: $20,4512015Revenue 2016: $42,581Expenses 2016: $13,713Net Income 2016: $28,8682016Revenue 2017: $36,423Expenses 2017: $11,327Net Income 2017: $25,0962017Revenue 2018: $18,340Expenses 2018: $11,030Net Income 2018: $7,3102018Revenue 2019: $12,765Expenses 2019: $8,711Net Income 2019: $4,0542019Revenue 2020: $10,500Expenses 2020: $11,150Net Income 2020: -$6502020Revenue 2021: $8,900Expenses 2021: $15,943Net Income 2021: -$7,0432021Revenue 2022: $19,000Expenses 2022: $16,376Net Income 2022: $2,6242022Revenue 2023: $7,000Expenses 2023: $15,848Net Income 2023: -$8,8482023Revenue 2024: $9,000Expenses 2024: $16,809Net Income 2024: -$7,8092024

Highlighted filing

2024

Revenue$9,000
Expenses$16,809
Net Income-$7,809

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.1
Gross Receipts
$9,000
Mission and Program Overview

Mission

The jennifer rose cernuto family foundation, inc. Seeks to encourage, educate and fund projectes that directly impact the community in a positive way that exemplifies jennifer's love and commitment to christ and to serve mankind.

The jennifer rose cernuto family foundation, inc. Seeks to encourage, educate and fund projects that directly impact the community in a positive way that exemplifies jennifer's love and commitment to christ and to serve mankind.

Program Services

DescriptionGrantsExpenses
TO PROVIDE COLLEGE SCHOLARSHIPS TO STUDENTS GRADUATING FROM SOUTHLAKE CHRISTIAN ACADEMY IN HUNTERSVILLE, NC.$0$15,549
TO ENCOURAGE, EDUCATE AND FUND PROJECTS THAT DIRECTLY IMPACT THE COMMUNITY IN A POSITVE WAY THAT EXEMPLIFIES JENNIFER'S LOVE AND COMMITMENT TO CHRIST AND TO SERVE MANKIND.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFFERY CERNUTOPresident-$0--
LISA A CERNUTOVice President-$0--
SAMANTHA BUSSELLDirector-$0--
STEPHANIE CERNUTODirector-$0--
Filing and Contact Details

Filer

Filer Name
Jennifer Rose Cernuto Family
EIN
45-3215034
Phone
7047999770
Address
132 JOE V KNOX AVENUE 105, MOORESVILLE, NC 28117

Signing Officer

Name
Jeffery Cernuto
Title
President
Phone
7047999770
Signed
2025-05-06
Discuss with paid preparer
Yes

Preparer

Firm
Scharf Pera & Co Pllc
Address
4600 PARK ROAD STE 112, CHARLOTTE, NC 28209
Preparer
Kelly R Frazier
Phone
7043721167
Supplemental Narrative

Additional Explanations

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

Description: scholarship. Amount: 15,549. Description: insurance. Amount: 598. Description: miscellaneous. Amount: 662. Total to form 990-ez, line 16: 16,809.

Raw XML Appendix157 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/USAddress/CityNm0MOORESVILLE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEFFERY CERNUTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LISA A CERNUTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SAMANTHA BUSSELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3STEPHANIE CERNUTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE JENNIFER ROSE CERNUTO FAMILY FOUNDATION, INC. SEEKS TO ENCOURAGE, EDUCATE AND FUND PROJECTS THAT DIRECTLY IMPACT THE COMMUNITY IN A POSITIVE WAY THAT EXEMPLIFIES JENNIFER'S LOVE AND COMMITMENT TO CHRIST AND TO SERVE MANKIND.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO ENCOURAGE, EDUCATE AND FUND PROJECTS THAT DIRECTLY IMPACT THE COMMUNITY IN A POSITVE WAY THAT EXEMPLIFIES JENNIFER'S LOVE AND COMMITMENT TO CHRIST AND TO SERVE MANKIND.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO PROVIDE COLLEGE SCHOLARSHIPS TO STUDENTS GRADUATING FROM SOUTHLAKE CHRISTIAN ACADEMY IN HUNTERSVILLE, NC.
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TotalProgramServiceExpensesAmt015549
IRS990EZ/TotalRevenueAmt09000
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: SCHOLARSHIP. AMOUNT: 15,549. DESCRIPTION: INSURANCE. AMOUNT: 598. DESCRIPTION: MISCELLANEOUS. AMOUNT: 662. TOTAL TO FORM 990-EZ, LINE 16: 16,809.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFERY CERNUTO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07047999770
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JENNIFER ROSE CERNUTO FAMILY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0JENN
ReturnHeader/Filer/EIN0453215034
ReturnHeader/Filer/PhoneNum07047999770
ReturnHeader/Filer/USAddress/AddressLine1Txt0132 JOE V KNOX AVENUE 105
ReturnHeader/Filer/USAddress/CityNm0MOORESVILLE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04600 PARK ROAD STE 112
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028209
ReturnHeader/PreparerPersonGrp/PhoneNum07043721167
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KELLY R FRAZIER
ReturnHeader/ReturnTs02025-05-12T08:37:19-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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