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Governance Register
US nonprofit · EIN 020755332 · Charlotte, NCiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 020755332) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Latest return IRS Form 990 series e-file data - 990EZ for the year to 31 December 2025: assets, liabilities, staff, website, telephone, pay.Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.Principal officer IRS Form 990-N (e-Postcard) - principal officer named for tax year 2009.Exemption status IRS Automatic Revocation of Exemption List (posted to 13 October 2026).Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data
Exemption reinstated on 15 January 2022. The IRS had automatically revoked it on 15 January 2022 (after three years without a return). Source: IRS Automatic Revocation of Exemption List, posted to 13 October 2026.

Factors of the Seven's network

6 peoplei6 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (6). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.

The board

6 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record.
NameRole as filedSinceOn the board
Herbert PowersBoard Member2025
1 yr
Larry WhiteBoard Member2025
1 yr
Nathan RorieBoard Member2025
1 yr
Pervis GrahamBoard Member2025
1 yr
Wade H Ferguson IIIPresident2025
1 yr
Yolanda FergusonVice President2025
1 yr
Under 5 years5 to 6 years6 years or more

Officers and senior leadership

6 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.
NameTitle as filedOn the filings
Herbert PowersBoard Membersince 2022
Larry WhiteBoard Membersince 2022
Nathan RorieBoard Membersince 2022
Pervis GrahamBoard Membersince 2022
Wade H Ferguson IIIPresidentsince 2022
Yolanda FergusonVice Presidentsince 2022

Pay and hours

year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Wade H Ferguson IIIPresident0$0
Pervis GrahamBoard Member0$0
Herbert PowersBoard Member0$0
Larry WhiteBoard Member0$0
Nathan RorieBoard Member0$0
Yolanda FergusonVice President0$0

No pay was reported for anyone in Part VII on this return.

About

Legal name
Factors of the Seven
EIN
020755332
Address
615 E 15th St, Charlotte, NC, 28206-3322
State
North Carolina
Activity (NTEE)
S99 Community improvement and capacity building
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Community Improvement & Capacity Building
Size band
3 (IRS master file code)
IRS ruling date
1 January 2023
Status
Code 01 (unconditional exemption)
Form 990 filings on record
1, latest 2025
IRS Publication 78
PC (contributions deductible)
Principal officer
Wade H Ferguson III (Form 990-N, tax year 2009)

Most connected

Longest observed on the filings

≥1years on the filingsHerbert Powers
≥1years on the filingsLarry White
≥1years on the filingsNathan Rorie
≥1years on the filingsPervis Graham

Latest return

year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.
Total assets
$30k
Total liabilities
$0
Net assets or fund balances
$30k

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$4k$10kDeficit $6k

As filed on the IRS Form 990. US dollars.