North Carolina · Nonprofit
MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION
MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION (North Carolina) receives grants from 2 organizations whose IRS filings report $37,500 to it, the largest being THE GOLDEN LEAF INC ($29,500). 0 of them have funded it in more than one year.
- Revenue FY2025
- $375k
- Funders on record
- 2
- Grants received
- $38k
- Net assets
- $2.1M
What Martin County Economic Development Corporation does
Mission
To promote economic development within martin county, north carolina and surrounding areas.
As stated on its FY2025 Form 990.
Programs
Business support and industrial recruitment includes cost of providing leased space to existing industry, cost of rehabilitating existing facility for new industry, soft cost of new shell building and incentives to new industry.
$147,230 spent$40,800 earned by the program62% of program spendingBusiness and technology center includes providing incubator space for small business and access to advanced technologies to area business, the public, and area schools. Also provides office space to federal, state, and local government organizations.
$90,216 spent$108,975 earned by the program38% of program spending
The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $237,446.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $1.8M to $2.0M (+10%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 78% · 2021 56% · 2022 65% · 2023 59% · 2024 40% · 2025 35%. Grants only. Government contracts and fees sit inside program revenue.
35% of MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Sarah Sproat
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2021 → 2022: the base held at 1 funder, grant income rose $8k → $30k.
From the IRS filings of MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION leans on a few funders — its largest provides 79% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
79% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2021 100% · 2022 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
79% of MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 7,175 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025
Organizations like MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
100% of spending goes to programs.
Governance
Public support
81%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Northeast Tbc LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION (North Carolina) receives grants from 2 organizations whose IRS filings report $37,500 to it, the largest being THE GOLDEN LEAF INC ($29,500). 0 of them have funded it in more than one year.
- How many funders does MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION have?
- IRS filings report 2 organizations giving $37,500 in grants to MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION.
- Who is the largest funder of MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- THE GOLDEN LEAF INC is the largest funder on record, with $29,500 in grants. The full list of funders is on this page.
- How can an organization like MARTIN COUNTY ECONOMIC DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Martin County Economic Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing