Felix E Martin Jr Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $7.8 million
- Spending
- $3.4 million
- Spent on programs
- 76%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 99%
- Employees
- 0
- Volunteers
- 8
- Highest pay
- $181,985, president
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 90% of charities in its peer group (community improvement, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
15 of 15Income exceeded spending by 56% of income.
Income trend
15 of 15Income rose 62% on the year before.
Spending floor
15 of 1576% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 62% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $2.3 million spent. GRANTS GIVEN TO CHARITABLE AND GOVERNMENTAL ORGANIZATIONS TO ENRICH THE LIVES OF THE CITIZENS IN MUHLENBERG COUNTY.
- $156,334 spent. 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.
- $107,298 spent. 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.
- $79,387 spent. 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
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2008.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.