FACTORS OF THE SEVEN
CHARLOTTE,
North Carolina,
28206
EIN: 02-0755332
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
615 E 15TH ST
28206
COUNTY
mecklenburg county, NC
IN CARE OF NAME
WADE H FERGUSON III
ORGANIZATIONAL OVERVIEW & RANKINGS
FACTORS OF THE SEVEN is a based in CHARLOTTE, NC, focused on Community Improvement, Capacity Building causes , specifically Community Improvement, Capacity Building N.E.C.. Established in January 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $329,991.00, this ranks 344,649 among 2,656,690 nonprofits nationally (Top 13%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 8,910 out of 80,207 organizations in NC (Top 12%).
In mecklenburg county, NC, the organization ranks 1,050 out of 10,149 nonprofits by assets (Top 11%), while locally in charlotte, it stands at 898 among 8,464 organizations (Top 11%).
The organization reported annual revenue of $15,003.00, ranking 575,533 nationally (Top 22%) and 16,050 in NC (Top 21%).
Within its specific NTEE classification (S99 - S: Community Improvement, Capacity Building), which includes 4,667 similar organizations, FACTORS OF THE SEVEN ranks 349 in assets (Top 8%) and 866 in revenue (Top 19%).
Note: This organization's tax-exempt status was temporarily revoked on January 15, 2022 and was reinstated on January 15, 2022 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S99: Community Improvement, Capacity Building N.E.C.
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Revoked: Saturday, January 15, 2022;
Reinstated: Saturday, January 15, 2022
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
2: $10,000 to $24,999
INCOME AMOUNT
$15,003.00
FORM 990 REVENUE AMOUNT
$15,003.00
RULING DATE
01/2023
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$329,991.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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