Marthas Corporation
EIN: 452439534 · Belhaven, NC · NTEE: P29
| Metric | Value |
|---|---|
| Total Revenue | $232K |
| Total Expenses | $123K |
| Net Assets | $337K |
Is Marthas Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marthas Corporation
Marthas Corporation (EIN: 452439534) is a nonprofit organization based in Belhaven, NC, classified under NTEE code P29. The organization reported total revenue of $232K and total assets of $428K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marthas Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marthas Corporation is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $219K |
| Total Expenses | $123K |
| Surplus / Deficit | +$96K |
| Total Assets | $337K |
| Net Assets | $337K |
| Operating Margin | 43.9% |
| Months of Reserves | 32.9 months |
Financial Health Grade: A
In 2023, Marthas Corporation reported a surplus of $96K with revenue exceeding expenses, holds 32.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Marthas Corporation's revenue has grown at a compound annual growth rate (CAGR) of 15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.9% | +9.7% | -28.1% |
| 2022 | +2.2% | +8.5% | +15.6% |
| 2021 | +73.8% | +17.4% | +20.3% |
| 2020 | -33.6% | +22.2% | +3.3% |
| 2019 | +16.4% | -3.8% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marthas Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Marthas Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $96K, with revenue exceeding expenses.
Frequently Asked Questions about Marthas Corporation
Is Marthas Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Marthas Corporation (EIN: 452439534) insufficient data. 0 red flags identified, 0 strengths noted.
How does Marthas Corporation spend its money?
Detailed spending breakdown data is not yet available for Marthas Corporation. Check back for updated IRS 990 analysis.
Are donations to Marthas Corporation tax-deductible?
Marthas Corporation is registered as a tax-exempt nonprofit (EIN: 452439534). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marthas Corporation located?
Marthas Corporation is headquartered in Belhaven, North Carolina and files with the IRS under EIN 452439534. It is classified under NTEE code P29.
How many years of IRS 990 filings does Marthas Corporation have?
Marthas Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $232K in total revenue.
Filing History
IRS 990 filing history for Marthas Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marthas Corporation's revenue has grown by 465.7%, moving from $39K to $219K. Total assets increased by 703.1% over the same period, from $42K to $337K. Total functional expenses rose by 228.9%, from $37K to $123K. In its most recent filing year (2023), Marthas Corporation reported a surplus of $96K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $219K | $123K | $337K | $0 | — | View 990 |
| 2022 | $175K | $112K | $468K | $0 | — | View 990 |
| 2021 | $171K | $103K | $405K | $0 | — | View 990 |
| 2020 | $99K | $88K | $337K | $0 | — | View 990 |
| 2019 | $149K | $72K | $326K | $0 | — | View 990 |
| 2018 | $128K | $75K | $316K | $66K | — | View 990 |
| 2017 | $97K | $72K | $277K | $81K | — | View 990 |
| 2016 | $83K | $44K | $172K | $0 | — | View 990 |
| 2015 | $85K | $56K | $132K | $0 | — | View 990 |
| 2014 | $80K | $51K | $104K | $0 | — | View 990 |
| 2013 | $74K | $52K | $75K | $0 | — | View 990 |
| 2012 | $59K | $46K | $54K | $513 | — | View 990 |
| 2011 | $39K | $37K | $42K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $219K, expenses of $123K, and assets of $337K (revenue +24.9% year-over-year).
- 2022: Revenue of $175K, expenses of $112K, and assets of $468K (revenue +2.2% year-over-year).
- 2021: Revenue of $171K, expenses of $103K, and assets of $405K (revenue +73.8% year-over-year).
- 2020: Revenue of $99K, expenses of $88K, and assets of $337K (revenue -33.6% year-over-year).
- 2019: Revenue of $149K, expenses of $72K, and assets of $326K (revenue +16.4% year-over-year).
- 2018: Revenue of $128K, expenses of $75K, and assets of $316K (revenue +30.9% year-over-year).
- 2017: Revenue of $97K, expenses of $72K, and assets of $277K (revenue +16.8% year-over-year).
- 2016: Revenue of $83K, expenses of $44K, and assets of $172K (revenue -1.8% year-over-year).
- 2015: Revenue of $85K, expenses of $56K, and assets of $132K (revenue +6.7% year-over-year).
- 2014: Revenue of $80K, expenses of $51K, and assets of $104K (revenue +8.3% year-over-year).
- 2013: Revenue of $74K, expenses of $52K, and assets of $75K (revenue +23.7% year-over-year).
- 2012: Revenue of $59K, expenses of $46K, and assets of $54K (revenue +53.8% year-over-year).
- 2011: Revenue of $39K, expenses of $37K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marthas Corporation:
Data Sources and Methodology
This transparency report for Marthas Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.