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Factors Of The Seven

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020755332 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Factors Of The Seven?

Factors of the Seven is a nonprofit organization situated in Charlotte, North Carolina. Their primary focus is on providing religious outreach, aiming to expand their religious education network daily. They achieve this goal through various programs and initiatives. One notable event is their annual spring day program, which gathers individuals of all ages to reinforce their message and promote unity. By participating in these programs, Factors of the Seven aims to spread their religious beliefs and grow their community.

Is Factors Of The Seven legitimate?

Factors Of The Seven is a legitimate nonprofit organization registered as a 501(c)(3) entity. Factors Of The Seven submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Factors Of The Seven?

Factors of the Seven is committed to providing religious outreach through various programs. Their mission is to expand their network of religious education on a daily basis and foster unity among individuals of all ages. They achieve this goal by organizing an annual spring day event, which serves as a platform for spreading their message and bringing people together. The organization's primary focus is on spreading religious teachings and fostering a sense of community.

Who is the CEO of Factors Of The Seven?

Wade H Ferguson Iii Bishop is the Board Member of Factors Of The Seven.

What is the revenue of Factors Of The Seven?

Factors Of The Seven's revenue in 2022 was $357,857.

Who are the executives of Factors Of The Seven and what are their salaries?

There are 3 employees and 6 volunteers at Factors Of The Seven.


Here are 6 key members and their salaries:


Larry White (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Rorie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yolanda Ferguson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade H Ferguson Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pervis Graham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herbert Powers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Factors Of The Seven?

Factors Of The Seven's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Factors Of The Seven

Factors of the Seven, a nonprofit organization, is committed to delivering religious outreach. They achieve this mission through a variety of programs, constantly working to expand their network of religious education. One of their notable initiatives is an annual spring day program, which serves as a gathering point for individuals of all ages, contributing to the spread of their message. The organization's primary goal is to promote religious education and foster a sense of unity and understanding within their community.

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Impact




October, 2024

Factors Of The Seven has a significant impact by fostering a sense of community through religious outreach. Their various programs are designed to enhance religious education and make it accessible to a broader audience. By focusing on daily efforts to expand their network, they ensure that individuals of all ages can connect and engage with their mission.

The annual spring day program serves as a cornerstone of their outreach, providing a vibrant platform for community members to come together, share experiences, and reinforce their beliefs. This event not only promotes religious education but also strengthens community bonds, encouraging collaborative engagement among participants.

In Charlotte, NC, Factors Of The Seven plays a vital role in community improvement, offering resources and support that empower individuals to explore and deepen their faith. Their commitment to inclusivity ensures that everyone, regardless of background, can find a place within their programs, ultimately contributing to a more cohesive and understanding community.




This information is meant to be a general summary of Factors Of The Seven. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$357,857 (2022)
Expenses
$33,346 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $340,203
  • Gross Receipts: $391,203

Assets and Liabilities:

  • Total Assets: $340,332
  • Total Liabilities: $15,821
  • Net Assets: $324,511

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Organization Details

Founding Year

2009

Principal Officer

Wade H Ferguson Iii Bishop

Main Address

615 E 15TH ST, CHARLOTTE, NC, 28206

NTEE Category

Code: S99 - Community improvement

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