Civic Intelligence

Marthas Corporation

EIN 45-2439534 • 501(c)3 • Belhaven, NC

Profile

Feed and clothe poor in Eastern Beaufort County

1014 Hwy 264 EBelhaven, NC 27810

n/A

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 2024

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

86th percentile

39%

Higher net margin than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

80th percentile

27%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

6.2%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$427,836

Up $91,110 (+27%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$427,836

Up $91,110 (+27%) from 2023

Revenue

Up

$232,317

Up $13,507 (+6.2%) from 2023

Expenses

Up

$141,207

Up $18,482 (+15%) from 2023

Net Income

Down

$91,110

Down $4,975 (-5.2%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $41,927Liabilities 2011: $1,696Net Assets 2011: $40,2312011Assets 2012: $53,820Liabilities 2012: $513Net Assets 2012: $53,3072012Assets 2013: $75,009Net Assets 2013: $75,0092013Assets 2014: $103,824Net Assets 2014: $103,8242014Assets 2015: $132,456Net Assets 2015: $132,4562015Assets 2016: $171,501Net Assets 2016: $171,5012016Assets 2017: $277,115Liabilities 2017: $80,556Net Assets 2017: $196,5592017Assets 2018: $315,839Liabilities 2018: $66,431Net Assets 2018: $249,4082018Assets 2019: $326,068Net Assets 2019: $326,0682019Assets 2020: $336,882Net Assets 2020: $336,8822020Assets 2021: $405,191Liabilities 2021: $02021Assets 2022: $468,481Net Assets 2022: $468,4812022Assets 2023: $336,726Liabilities 2023: $0Net Assets 2023: $336,7262023Assets 2024: $427,836Liabilities 2024: $0Net Assets 2024: $427,8362024

Highlighted filing

2024

Assets$427,836
Liabilities$0
Net Assets$427,836

Operations Trend

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

$300K$200K$100K$0Revenue 2011: $38,681Expenses 2011: $37,317Net Income 2011: $1,3642011Revenue 2012: $59,492Expenses 2012: $46,416Net Income 2012: $13,0762012Revenue 2013: $73,593Expenses 2013: $51,891Net Income 2013: $21,7022013Revenue 2014: $79,676Expenses 2014: $50,861Net Income 2014: $28,8152014Revenue 2015: $84,977Expenses 2015: $56,345Net Income 2015: $28,6322015Revenue 2016: $83,420Expenses 2016: $44,375Net Income 2016: $39,0452016Revenue 2017: $97,442Expenses 2017: $72,384Net Income 2017: $25,0582017Revenue 2018: $127,570Expenses 2018: $74,721Net Income 2018: $52,8492018Revenue 2019: $148,546Expenses 2019: $71,886Net Income 2019: $76,6602019Revenue 2020: $98,652Expenses 2020: $87,838Net Income 2020: $10,8142020Revenue 2021: $171,452Expenses 2021: $103,143Net Income 2021: $68,3092021Revenue 2022: $175,159Expenses 2022: $111,869Net Income 2022: $63,2902022Revenue 2023: $218,810Expenses 2023: $122,725Net Income 2023: $96,0852023Revenue 2024: $232,317Expenses 2024: $141,207Net Income 2024: $91,1102024

Highlighted filing

2024

Revenue$232,317
Expenses$141,207
Net Income$91,110

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$0.00$4.28$2.32$1.41$0.91
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.37$0.00$3.37$2.19$1.23$0.96
2022Detailed filing. Detailed filing data is available for this year.$4.68$4.68$1.75$1.12$0.63
2021Summary only. Only limited summary data is available for this year.$4.05$0.00$1.71$1.03$0.68
2020Detailed filing. Detailed filing data is available for this year.$3.37$3.37$0.99$0.88$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.26$3.26$1.49$0.72$0.77
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.16$0.66$2.49$1.28$0.75$0.53
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.77$0.81$1.97$0.97$0.72$0.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$1.72$0.83$0.44$0.39
2015Detailed filing. Detailed filing data is available for this year.$1.32$1.32$0.85$0.56$0.29
2014Detailed filing. Detailed filing data is available for this year.$1.04$1.04$0.80$0.51$0.29
2013Detailed filing. Detailed filing data is available for this year.$0.75$0.75$0.74$0.52$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.01$0.53$0.59$0.46$0.13
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.02$0.40$0.39$0.37$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$232,317
Mission and Program Overview

Mission

Feed and clothe poor in Eastern Beaufort County

Maintain food pantry and clothing inventory for needy in Eastern Beaufort County

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$317,645$355,604▲ $37,959
Cash and Non-Interest-Bearing Accounts$19,081$72,232▲ $53,151
Total Assets$336,726$427,836▲ $91,110
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$336,726$427,836▲ $91,110
Total Net Assets Fund Balance$336,726$427,836▲ $91,110
Total Liabilities and Net Assets / Fund Balance$336,726$427,836▲ $91,110
Compensation and Service Providers

Board Members and Trustees

NameTitle
Elaine HudnellPresident
Don JonesVice President
Elaine SwindellSecretary-Correspondence
Diane EdwardsSecretary-Recording
Joan MathisTreasury
Revenue and Support

Revenue Composition

Contributions and Grants
$15,041
Program Service Revenue
$211,617
Investment Income
$2,959
Other Revenue
$2,700
All Other Contributions
$15,041
Change in Net Assets
$91,110
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$141,207
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$32,211--$32,211
Occupancy$30,984--$30,984
Travel$5,851--$5,851
Fees for Services Management$2,610--$2,610
Total Functional Expenses$141,207$0$0$141,207
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
No
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11B

Reviewed by Board

Form 990, Part VI, Section B, Line 12C

Directors and Officers do not receive compensation

Form 990, Part VI, Section B, Line 15AB

Directors and Officers do not receive compensation

Form 990, Part VI, Section C, Line 19

Upon Request

Filing and Contact Details

Filer

Filer Name
Marthas Corporation
EIN
45-2439534
Phone
2529432124
Address
1014 HWY 264 E, BELHAVEN, NC 27810

Signing Officer

Name
Elaine Hudnell
Title
President
Phone
2529432124
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elaine Hudnell
Formed
2011
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Kenneth Chilcoat
Address
3805 E Baywood Ln, Greenville, NC 27834
Preparer
Kenneth W Chilcoat
Phone
2529454470
Supplemental Narrative

Additional Explanations

Form 990, Part I, Section 1, Line 12

Schedule B Form 990 not required

Raw XML Appendix361 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Reviewed by Board
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Directors and Officers do not receive compensation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Directors and Officers do not receive compensation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Upon Request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Schedule B Form 990 not required
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15AB
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part I, Section 1, Line 12
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0336726
IRS990/TotalAssetsEOYAmt0427836
IRS990/TotalAssetsGrp/BOYAmt0336726
IRS990/TotalAssetsGrp/EOYAmt0427836
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt015041
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0141207
IRS990/TotalFunctionalExpensesGrp/TotalAmt0141207
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0336726
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0427836
IRS990/TotalProgramServiceExpensesAmt0141207
IRS990/TotalProgramServiceRevenueAmt0211617
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0232317
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0336726
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0427836
IRS990/TravelGrp/ProgramServicesAmt05851
IRS990/TravelGrp/TotalAmt05851
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
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IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027810
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IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Elaine Hudnell
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02529432124
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARTHAS CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0MART
ReturnHeader/Filer/EIN0452439534
ReturnHeader/Filer/PhoneNum02529432124
ReturnHeader/Filer/USAddress/AddressLine1Txt01014 HWY 264 E
ReturnHeader/Filer/USAddress/CityNm0BELHAVEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027810
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562274550
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kenneth Chilcoat
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03805 E Baywood Ln
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Greenville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027834
ReturnHeader/PreparerPersonGrp/PhoneNum02529454470
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kenneth W Chilcoat
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-06T09:16:03-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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