Small Public Charity

FACTORS OF THE SEVEN

FACTORS OF THE SEVEN is a Small Public Charity headquartered in CHARLOTTE, NC. Financial data from the 2025 filing: $15K revenue, $30K total assets. 1 publicly reported grants to this organization, totaling roughly $33K, appear in IRS filings.

EIN: 020755332 CHARLOTTE, NC Community Improvement & Capacity Building N.E.C. NTEE: S99 Latest filing: 2025
Total Revenue$15K
Total Assets$30K
Grant Records1
Funding Total$33K
Filing Years2018–2025

Mission

RELIGIOUS OUTREACH

Where $100 goes at Factors of the Seven

How Factors of the Seven divides every $100 it spends, from its own Form 990-EZ filings, averaged across 4 years.

$100 Programs the work itself
<$1 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $100 for programs

$83
Taste of wellness
83% of program spending
$17
General outreach
17% of program spending
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Herbert Powers
BOARD MEMBER Larry White
BOARD MEMBER Nathan Rorie
BOARD MEMBER Pervis Graham
PRESIDENT Wade H Ferguson Iii
VICE PRESIDENT Yolanda Ferguson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$33,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $15K — $30K
2024 $4K $10K $339K
2023 $15K $10K $330K
2022 $358K $33K $340K
2018 — $325 $189K

Between 2022 and 2025, reported annual revenue declined from $358K to $15K (-96%), with total assets most recently reported at $30K.

Interactive year-over-year charts and full filing details available with membership.

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