Friends of Fourth Ward Inc

EIN: 261093240 501(c)(3) Education

Charlotte, NC

Total Revenue
$83,866
Total Expenses
$92,111
Total Assets
$162,379
Net Assets
$162,379
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
NC
Principal Officer
Sebastian Williams
Tax Period
2024-09-01 to 2025-08-31

Friends of Fourth Ward Inc, founded in 1976, is a micro nonprofit in the Education sector that reported $84K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

Preservation of 4th Ward Neighborhood

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,427
Program Service Revenue $0
Investment Income $2,139
Other Revenue $74,300
TOTAL REVENUE $83,866

Expense Breakdown

Grants Paid $14,463
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $80,882
Other Expenses $17,229
TOTAL EXPENSES $92,111

Year-over-Year Comparison

2024 2023 Change
Revenue $83,866 $106,519 -0.2%
Expenses $92,111 $71,736 +0.3%
Net Income $-8,245 $34,783 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ron Crider Director 1.00
Director
$0 $0 $0
Nate Hoffman Director 1.00
Director
$0 $0 $0
Chris Connolly Director 1.00
Director
$0 $0 $0
Michele Prince Director 1.00
Director
$0 $0 $0
Joe Crider Director 1.00
Director
$0 $0 $0
Shane Wilson Director 1.00
Director
$0 $0 $0
Jason Tornow Director 1.00
Director
$0 $0 $0
Sebastian Williams PRESIDENT 5.00
Officer
$0 $0 $0
Stephen Henry TREASURER 1.00
Officer
$0 $0 $0
Kristen Witte SECRETARY 1.00
Officer
$0 $0 $0
Christopher Haering Vice President 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $83,866 $92,111 $162,379 $-8,245
2024 $106,519 $71,736 $170,624 $34,783
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Friends of Fourth Ward Inc with other nonprofits in North Carolina and across the country.