Felix E Martin Jr Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Felix E Martin Jr Foundation Inc is a 501(c)(3) organization based in Louisville, Kentucky, registered in 2008, with $4,796,331 in FY2023 revenue. CharityIndex grades it B.
325 W Main St Ste 1110, Louisville, KY, 40202 EIN 26-2193468 Since 2008
Revenue (FY2023)
$4.8M
▲ 72.2% vs prior year
Community median: $184K
Expenses (FY2023)
$3.0M
Net assets
$77.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Felix E Martin Jr Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating309 mo reserves · +37% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Felix E Martin Jr Foundation Inc: 309 mo reserves · +37% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Felix E Martin Jr Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Felix E Martin Jr Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 325 W Main St Ste 1110, Louisville, KY, 40202
- City
- Louisville
- State
- Kentucky
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue grew from $3.9M (FY2013) to $4.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.1MNet assets $77.3M
Operating margin
37.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$79.4M
Total liabilities
$2.1M
Net assets
$77.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,796,331▲72.2% | $2,999,423▲10.6% | $77,260,095▲12.1% | $79,376,583▲11.5% | 990 |
| 2022 | $2,785,040▲29399% | $2,712,159▼35.8% | $68,941,604▲9.3% | $71,185,748▲8.8% | 990 |
| 2021 | $9,441▼99.8% | $4,221,984▲111% | $63,054,618▼16.6% | $65,415,827▼14.6% | 990 |
| 2020 | $5,817,946▲146% | $1,997,998▲4.8% | $75,610,323▲30.0% | $76,641,628▲28.4% | 990 |
| 2019 | $2,364,514▼14.6% | $1,907,349▼64.8% | $58,153,202▲0.4% | $59,689,667▼5.4% | 990 |
| 2018 | $2,768,913▼38.6% | $5,424,012▲131% | $57,897,767▼0.2% | $63,126,775▲4.1% | 990 |
| 2017 | $4,508,973▲44.2% | $2,343,714▲24.6% | $58,024,556▲2.8% | $60,647,506▲2.8% | 990 |
| 2016 | $3,127,150▲4.5% | $1,881,039▼38.4% | $56,434,976▲9.8% | $59,011,980▲7.8% | 990 |
| 2015 | $2,991,777▲0.9% | $3,055,500▲34.6% | $51,388,444▼4.9% | $54,740,683▼3.3% | 990 |
| 2014 | $2,964,855▼23.6% | $2,269,696▼70.2% | $54,021,038▲1.5% | $56,594,539▼2.3% | 990 |
| 2013 | $3,881,211 | $7,626,945▲87.9% | $53,226,572▲2.3% | $57,908,991▲1.2% | 990 |
| 2012 | — | $4,059,194▲52.6% | $52,019,051▲9.0% | $57,217,420▲11.1% | 990 |
| 2011 | — | $2,659,552▼18.8% | $47,728,415▼3.4% | $51,487,812▼2.1% | 990 |
| 2010 | — | $3,276,655▲42.8% | $49,383,971▲15.7% | $52,568,943▲16.9% | 990 |
| 2009 | — | $2,294,695 | $42,679,633 | $44,966,459 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $21K total
1 grant to Felix E Martin Jr Foundation Inc totaling $21K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation of Louisville Inc | S11 single organization support | 2021 | $21,000 |
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Frequently asked questions
- Is Felix E Martin Jr Foundation Inc a legitimate nonprofit?
- Yes. Felix E Martin Jr Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-2193468, based in Louisville, Kentucky. Donations are tax-deductible.
- What is Felix E Martin Jr Foundation Inc's EIN?
- Felix E Martin Jr Foundation Inc's Employer Identification Number (EIN) is 26-2193468.
- How much revenue does Felix E Martin Jr Foundation Inc report?
- Felix E Martin Jr Foundation Inc reported $4,796,331 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Felix E Martin Jr Foundation Inc have?
- CharityIndex grades Felix E Martin Jr Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Felix E Martin Jr Foundation Inc (EIN 26-2193468) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.