Civic Intelligence

Friends of Fourth Ward Inc

EIN 26-1093240 • 501(c)3 • Charlotte, NC

Profile

Preservation of 4th ward neighborhood

PO Box 220072Charlotte, NC 28222

fourthwardclt.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

31st percentile

-9.8%

Higher net margin than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Revenue Growth

51st percentile

-0.1%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Assets

Down

$162,379

Down $8,245 (-4.8%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$162,379

Down $8,245 (-4.8%) from 2024

Revenue

Down

$83,866

Down $22,653 (-21%) from 2024

Expenses

Up

$92,111

Up $20,375 (+28%) from 2024

Net Income

Down

-$8,245

Down $43,028 (-124%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2010: $122,479Net Assets 2010: $122,4792010Assets 2011: $82,808Liabilities 2011: $0Net Assets 2011: $82,8082011Assets 2012: $51,790Net Assets 2012: $51,7902012Assets 2013: $67,611Liabilities 2013: $0Net Assets 2013: $67,6112013Assets 2014: $95,813Liabilities 2014: $0Net Assets 2014: $95,8132014Assets 2015: $111,040Liabilities 2015: $0Net Assets 2015: $111,0402015Assets 2016: $138,004Liabilities 2016: $5,000Net Assets 2016: $133,0042016Assets 2017: $151,293Liabilities 2017: $5,000Net Assets 2017: $146,2932017Assets 2018: $186,732Liabilities 2018: $5,000Net Assets 2018: $181,7322018Assets 2019: $186,619Liabilities 2019: $500Net Assets 2019: $186,1192019Assets 2020: $92,114Liabilities 2020: $2,000Net Assets 2020: $90,1142020Assets 2021: $83,502Liabilities 2021: $500Net Assets 2021: $83,0022021Assets 2022: $117,693Liabilities 2022: $2,683Net Assets 2022: $115,0102022Assets 2023: $135,841Liabilities 2023: $500Net Assets 2023: $135,3412023Assets 2024: $170,624Liabilities 2024: $0Net Assets 2024: $170,6242024Assets 2025: $162,379Liabilities 2025: $0Net Assets 2025: $162,3792025

Highlighted filing

2025

Assets$162,379
Liabilities$0
Net Assets$162,379

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2010: $26,596Expenses 2010: $16,781Net Income 2010: $9,8152010Revenue 2011: -$900Expenses 2011: $38,771Net Income 2011: -$39,6712011Revenue 2012: $20,766Expenses 2012: $50,652Net Income 2012: -$29,8862012Revenue 2013: $43,336Expenses 2013: $27,515Net Income 2013: $15,8212013Revenue 2014: $61,652Expenses 2014: $33,450Net Income 2014: $28,2022014Revenue 2015: $57,564Expenses 2015: $42,337Net Income 2015: $15,2272015Revenue 2016: $69,596Expenses 2016: $47,632Net Income 2016: $21,9642016Revenue 2017: $57,125Expenses 2017: $43,836Net Income 2017: $13,2892017Revenue 2018: $78,373Expenses 2018: $42,934Net Income 2018: $35,4392018Revenue 2019: $69,476Expenses 2019: $65,089Net Income 2019: $4,3872019Revenue 2020: -$10,947Expenses 2020: $85,058Net Income 2020: -$96,0052020Revenue 2021: $23,782Expenses 2021: $30,894Net Income 2021: -$7,1122021Revenue 2022: $84,083Expenses 2022: $52,075Net Income 2022: $32,0082022Revenue 2023: $103,917Expenses 2023: $83,586Net Income 2023: $20,3312023Revenue 2024: $106,519Expenses 2024: $71,736Net Income 2024: $34,7832024Revenue 2025: $83,866Expenses 2025: $92,111Net Income 2025: -$8,2452025

Highlighted filing

2025

Revenue$83,866
Expenses$92,111
Net Income-$8,245

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$0.84$0.92$0.08
2024Detailed filing. Detailed filing data is available for this year.$1.71$0.00$1.71$1.07$0.72$0.35
2023Detailed filing. Detailed filing data is available for this year.$1.36$0.01$1.35$1.04$0.84$0.20
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.03$1.15$0.84$0.52$0.32
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.01$0.83$0.24$0.31$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.92$0.02$0.90$0.11$0.85$0.96
2019Detailed filing. Detailed filing data is available for this year.$1.87$0.01$1.86$0.69$0.65$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.87$0.05$1.82$0.78$0.43$0.35
2017Detailed filing. Detailed filing data is available for this year.$1.51$0.05$1.46$0.57$0.44$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.38$0.05$1.33$0.70$0.48$0.22
2015Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.58$0.42$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.62$0.33$0.28
2013Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.43$0.28$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.52$0.21$0.51$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.00$0.83$0.01$0.39$0.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$1.22$0.27$0.17$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Dec 19, 2025
Return Version
2024v5.2
Gross Receipts
$198,180
Mission and Program Overview

Mission

Preservation of 4th ward neighborhood

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,759$93,297▲ $89,538
Savings and Temporary Cash Investments$161,447$61,888▼ $99,559
Land, Buildings, and Equipment, Net$5,418$7,194▲ $1,776
Total Assets$170,624$162,379▼ $8,245
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$164,299$161,879▼ $2,420
Net Assets With Donor Restrictions$6,325$500▼ $5,825
Total Net Assets Fund Balance$170,624$162,379▼ $8,245
Total Liabilities and Net Assets / Fund Balance$170,624$162,379▼ $8,245

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,194--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sebastian WilliamsPresident
Christopher HaeringVice President
Chris ConnollyDirector
Jason TornowDirector
Joe CriderDirector
Michele PrinceDirector
Nate HoffmanDirector
Ron CriderDirector
Shane WilsonDirector
Kristen WitteSecretary
Stephen HenryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,427
Program Service Revenue
$0
Investment Income
$2,139
Other Revenue
$74,300
Change in Net Assets
$-8,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$17,229
Grants and Similar Amounts Paid$14,463
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$60,419--$60,419
Grants to Domestic Orgs$14,463--$14,463
All Other Expenses$6,000--$6,000
Insurance-$2,775-$2,775
Fees for Services Accounting-$2,370-$2,370
Advertising-$2,163-$2,163
Other Expenses-$541-$541
Total Functional Expenses$80,882$11,229$0$92,111
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Historic Elmwood Pinewood CemetaryCharlotte, NC501c3-$10,000
7th Street ConcertsCharlotte, NC501c3-$3,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$188,614
Fundraising Direct Expenses$114,311
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Holiday Home$128,887$128,887$75,446$53,441
Garden Tour$59,727$59,727$38,865$20,862
Total Events$188,739$188,739$114,311$74,428
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Tax return was reviewed at board meeting prior to submission to the irs

Governing documents etc available to public Part VI line 19

Upon written request a copy of the 990 is available at the main office.

Filing and Contact Details

Filer

Filer Name
Friends of Fourth Ward Inc
EIN
26-1093240
In Care Of
% Sebastian Williams
Address
PO BOX 220072, Charlotte, NC 28222

Signing Officer

Name
Sebastian Williams
Title
President
Phone
7049100528
Signed
2025-12-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sebastian Williams
Formed
1976
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Firm
Aurora Accounting Solutions Inc
Address
1800 Camden Road Suite 107-268, Charlotte, NC 28203
Preparer
Mary F Roberts Ea
Phone
7049100528
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07556
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt013333
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt049486
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01559
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt021
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt028
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IRS990ScheduleA/InvestmentIncomePYPct00.01000
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07556
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt013333
IRS990ScheduleA/Total509Grp/TotalAmt049486
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt013957
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt07561
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt013361
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt053238
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IRS990ScheduleD/EquipmentGrp/BookValueAmt07194
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt07194
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07194
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0114311
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Holiday Home
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Garden Tour
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt059727
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0125
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt074428
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt038865
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IRS990ScheduleI/RecipientTable/CashGrantAmt13500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501c3
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Historic Elmwood Pinewood Cemetary
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17th Street Concerts
IRS990ScheduleI/RecipientTable/RecipientEIN0844182125
IRS990ScheduleI/RecipientTable/RecipientEIN1473338048
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0700 W 6th Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1115 W 7th Street
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Charlotte
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Charlotte
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TAX RETURN WAS REVIEWED AT BOARD MEETING PRIOR TO SUBMISSION TO THE IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON WRITTEN REQUEST A COPY OF THE 990 IS AVAILABLE AT THE MAIN OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt080882
IRS990/TotalFunctionalExpensesGrp/TotalAmt092111
IRS990/TotalGrossUBIAmt02136
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IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt074303
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt083866
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt02136
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0170624
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 220072
IRS990/USAddress/CityNm0Charlotte
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IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0fourthwardclt.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SEBASTIAN WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07049100528
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-19

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