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Kentucky · Nonprofit

FELIX E MARTIN JR FOUNDATION INC

FELIX E MARTIN JR FOUNDATION INC (Kentucky) receives grants from 5 organizations whose IRS filings report $341,850 to it, the largest being THE YOUNG FAMILY CHARITABLE TRUST ($163,500). 1 of them have funded it in more than one year.

Revenue FY2025
$7.8M
Funders on record
5
Grants received
$342k
Net assets
$89M
1/5 repeat fundersgrants exceed reported revenue in one year
01What it does

What Felix E Martin Jr Foundation Inc does

Mission

The felix e. Martin jr. Foundation seeks to enrich the lives of the citizens of muhlenberg county, kentucky by providing support to qualified organizations to meet educational, civic and cultural needs of the county, both today and for generations to come.

As stated on its FY2025 Form 990.

Programs

  1. Grants given to charitable and governmental organizations to enrich the lives of the citizens in muhlenberg county.

    $2,256,400 spentof which $2,190,205 as grants
    87% of program spending
  2. Early childhood development:the foundation's early childhood development program (soar) focuses on helping muhlenberg children arrive at kindergarten ready to learn. Soar hosts multiple programs and events focused primarily on early childhood literacy.

    $156,334 spent
    6% of program spending
  3. Post-secondary success:the post-secondary success program (muhlenberg achieves) strives to increase educational attainment outcomes and support workforce development in muhlenberg county, by providing programs and resources for students from kindergarten through adulthood to increase access and encourage enrollment in college and career training.

    $107,298 spent
    4% of program spending
  4. Community strategic planning: the foundation's community strategic planning program works with the local community to develop and implement strategies to improve the quality of life in muhlenberg county.program expenses $39,670, grant expenses $0, earned revenue $0community leadership: the community leadership program is designed to support leadership development opportunities for organizations and adults and who live or work in muhlenberg county, ky, and have demonstrated a commitment to making a difference in muhlenberg county.program expenses $24,767, grant expenses $0, earned revenue $0ged learn & earn:the foundation's ged learn & earn program supports muhlenberg residents who are actively working to obtain their ged through madisonville community college's adult education center (ace2).program expenses $14,950, grant expenses $0, earned revenue $0

    $79,387 spent
    3% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,599,419.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.

100 = 20172017 Revenue 100 ($3.1M) Expenses 100 ($1.9M) Net assets 100 ($56M)2018 Revenue 144 ($4.5M) Expenses 125 ($2.3M) Net assets 103 ($58M)2019 Revenue 89 ($2.8M) Expenses 288 ($5.4M) Net assets 103 ($58M)2020 Revenue 76 ($2.4M) Expenses 101 ($1.9M) Net assets 103 ($58M)2021 Revenue 186 ($5.8M) Expenses 106 ($2.0M) Net assets 134 ($76M)2022 Revenue 0 ($9k) Expenses 224 ($4.2M) Net assets 112 ($63M)2023 Revenue 89 ($2.8M) Expenses 144 ($2.7M) Net assets 122 ($69M)2024 Revenue 153 ($4.8M) Expenses 159 ($3.0M) Net assets 137 ($77M)2025 Revenue 249 ($7.8M) Expenses 181 ($3.4M) Net assets 157 ($89M)
'17'18'19'20'21'22'23'24'25
Revenue (249)Expenses (181)Net assets (157)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $60M to $77M (+28%).

$59M
$61M
$63M
$60M
$77M
$65M
$71M
$79M
$90M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

1% of FELIX E MARTIN JR FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$1.2M
’17
$2.2M
’18
−$2.7M
’19
$457k
’20
$3.8M
’21
−$4.2M
’22
$73k
’23
$1.8M
’24
$4.4M
’25
11
months of
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

Mark Campisano

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed91089999109
Joined·+1+0+1+1+1+2+2+1
No longer listed·02011212
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $0 → $44k.

2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FELIX E MARTIN JR FOUNDATION INC’s funders (the co-funder graph). Top 4 of 5 funders by total. 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

FELIX E MARTIN JR FOUNDATION INC leans on a few funders — its largest provides 48% of grant income and the top three 98%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

52% 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 FELIX E MARTIN JR FOUNDATION INC.

48%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2022 63% · 2023 100% — growing more concentrated.

“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

52% of FELIX E MARTIN JR FOUNDATION INC's grant income comes from Kentucky funders.

KY
DC

In-state vs out-of-state, by year

’22
’23
Kentucky out of state home

Funder states come from each funder’s own filing. $28k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.

04Its place in the field

Against its field

FELIX E MARTIN JR FOUNDATION INC runs a healthier operating margin than three-quarters of the 2,127 community improvement nonprofits its size.

Operating margin56% · top quartile
Months of reserve10.9mo · above the median
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025

Organizations like FELIX E MARTIN JR FOUNDATION INC

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 Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

76% of spending goes to programs.

Program 76%Management 24%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

KY

Part of a family of 5 related entities

  • The Community Foundation of Louisville Corporate Depository Inc · exempt
  • The Community Foundation of Louisville Depository Inc · exempt
  • The Community Foundation of Louisville Inc · exempt
  • The Real Estate Asset Legacy Foundation of Kentucky Inc · exempt
  • Louisville Preservation Fund Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FELIX E MARTIN JR FOUNDATION INC: 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.

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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 FELIX E MARTIN JR FOUNDATION INC?
FELIX E MARTIN JR FOUNDATION INC (Kentucky) receives grants from 5 organizations whose IRS filings report $341,850 to it, the largest being THE YOUNG FAMILY CHARITABLE TRUST ($163,500). 1 of them have funded it in more than one year.
How many funders does FELIX E MARTIN JR FOUNDATION INC have?
IRS filings report 5 organizations giving $341,850 in grants to FELIX E MARTIN JR FOUNDATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of FELIX E MARTIN JR FOUNDATION INC?
THE YOUNG FAMILY CHARITABLE TRUST is the largest funder on record, with $163,500 in grants. The full list of funders is on this page.
How can an organization like FELIX E MARTIN JR FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 5 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