Cerini Family Foundation
- Assets
- $65.5k
- Revenue
- $5.0k
- Investments
- $64.2k
- Employees
- 0
- Location
- Bohemia, NY
- Founding
- Data as of
- 12/2021
- EIN
- 85-4390021
Organization Overview
Cerini Family Foundation is located in Bohemia, NY. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cerini Family Foundation 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 12/2021, Cerini Family Foundation generated $5.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (72.1%) each year.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO MAKE CHARITABLE CONTRIBUTIONS TO SELECTED PUBLIC CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Cerini President | 1 | $0 | |
Bonnie Cerini Vice President | 1 | $0 | |
Arielle Cerini Director | 1 | $0 | |
Kelli-Anne Cerini Treasurer | 1 | $0 | |
Erik Cerini Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5 |
| Total operating and administrative expenses | $5 |
| Contributions, gifts, grants paid | $3,722 |
| Total expenses and disbursements | $3,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,273 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $65,460 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Cerini Family Foundation has awarded $3,722 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Bohemia, NY PURPOSE: TO FURTHER THE MISSION OF THE IMAGINE AWARDS. | $3,000 |
TOYS FOR TOTS PURPOSE: TO PROVIDE TOYS FOR CHILDREN | $722 |
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|---|---|---|
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