Civic Intelligence

Felix E Martin Jr Foundation Inc.

990 • Fiscal year 2012 • EIN 26-2193468

Jul 01, 2011 to Jun 30, 2012 • Filed on May 14, 2013

325 West Main Street No 111040202
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

20th percentile

0.07x

Higher debt load relative to assets than 20% of similar nonprofits.

2012 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

24th percentile

-2.1%

Faster asset growth than 24% of similar nonprofits.

2012 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$51,487,812

Down $1,081,131 (-2.1%) from 2011

Net Assets

Down

$47,728,415

Down $1,655,556 (-3.4%) from 2011

Liabilities

Up

$3,759,397

Up $574,425 (+18%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$2,659,552

Down $617,103 (-19%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2010: $44,966,459Liabilities 2010: $2,286,826Net Assets 2010: $42,679,6332010Assets 2011: $52,568,943Liabilities 2011: $3,184,972Net Assets 2011: $49,383,9712011Assets 2012: $51,487,812Liabilities 2012: $3,759,397Net Assets 2012: $47,728,4152012Assets 2013: $57,217,420Liabilities 2013: $5,198,369Net Assets 2013: $52,019,0512013Assets 2014: $57,908,991Liabilities 2014: $4,682,419Net Assets 2014: $53,226,5722014Assets 2015: $56,594,539Liabilities 2015: $2,573,501Net Assets 2015: $54,021,0382015Assets 2016: $54,740,683Liabilities 2016: $3,352,239Net Assets 2016: $51,388,4442016Assets 2017: $59,011,980Liabilities 2017: $2,577,004Net Assets 2017: $56,434,9762017Assets 2018: $60,647,506Liabilities 2018: $2,622,950Net Assets 2018: $58,024,5562018Assets 2019: $63,126,775Liabilities 2019: $5,229,008Net Assets 2019: $57,897,7672019Assets 2020: $59,689,667Liabilities 2020: $1,536,465Net Assets 2020: $58,153,2022020Assets 2021: $76,641,628Liabilities 2021: $1,031,305Net Assets 2021: $75,610,3232021Assets 2022: $65,415,827Liabilities 2022: $2,361,209Net Assets 2022: $63,054,6182022Assets 2023: $71,185,748Liabilities 2023: $2,244,144Net Assets 2023: $68,941,6042023Assets 2024: $79,376,583Liabilities 2024: $2,116,488Net Assets 2024: $77,260,0952024

Highlighted filing

2012

Assets$51,487,812
Liabilities$3,759,397
Net Assets$47,728,415

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $2,294,6952010Expenses 2011: $3,276,6552011Expenses 2012: $2,659,5522012Expenses 2013: $4,059,1942013Revenue 2014: $3,881,211Expenses 2014: $7,626,945Net Income 2014: -$3,745,7342014Revenue 2015: $2,964,855Expenses 2015: $2,269,696Net Income 2015: $695,1592015Revenue 2016: $2,991,777Expenses 2016: $3,055,500Net Income 2016: -$63,7232016Revenue 2017: $3,127,150Expenses 2017: $1,881,039Net Income 2017: $1,246,1112017Revenue 2018: $4,508,973Expenses 2018: $2,343,714Net Income 2018: $2,165,2592018Revenue 2019: $2,768,913Expenses 2019: $5,424,012Net Income 2019: -$2,655,0992019Revenue 2020: $2,364,514Expenses 2020: $1,907,349Net Income 2020: $457,1652020Revenue 2021: $5,817,946Expenses 2021: $1,997,998Net Income 2021: $3,819,9482021Revenue 2022: $9,441Expenses 2022: $4,221,984Net Income 2022: -$4,212,5432022Revenue 2023: $2,785,040Expenses 2023: $2,712,159Net Income 2023: $72,8812023Revenue 2024: $4,796,331Expenses 2024: $2,999,423Net Income 2024: $1,796,9082024

Highlighted filing

2012

Revenue-
Expenses$2,659,552
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
May 14, 2013
Return Version
2011v1.5
Gross Receipts
$3,683,056
Mission and Program Overview

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.

Major Activities

Activity 2
Soar (strategies, opportunities, advantages, resources): early childhood development and school readiness are critical issues in muhlenberg county. The foundation made a multi-year grant commitment to support a project manager who oversees programs focused on early childhood development and literacy. The soar project partners with head start and local daycare centers for early literacy training for all parents and children. Soar has initiated several programs which distribute free books to pre-school age children, including participation in the reach out and read program through local pediatricians and dolly partons imagination library through the public library system. The program also partners with the muhlenberg county board of education to provide pre-kindergarten readiness events and training, as well as training for early childhood educators. The soar program is proud to take an active role in community events throughout muhlenberg county, fostering an awareness of the need for early childhood education.
Activity 3
Bridges out of poverty:people in poverty face challenges virtually unknown to those in middle class or wealth--challenges from both obvious and hidden sources. The reality of being poor brings out a survival mentality, and turns attention away from opportunities taken for granted by everyone else. The felix e. Martin, jr. Foundation has made a multi-year grant to support training and programs to address and reduce poverty in a comprehensive way. Current programs are based on the ruby k. Payne approach outlined in a framework for understanding poverty, and are being implemented within the muhlenberg county school system. Educators receive training to understand class differences and practical tools for teaching children who are raised in poverty.
Filing and Contact Details

Filer

EIN
26-2193468
Raw XML AppendixShowing 400 of 571 raw XML fields

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IRS990ScheduleI/RecipientTable/AmountOfCashGrant011135
IRS990ScheduleI/RecipientTable/AmountOfCashGrant150000
IRS990ScheduleI/RecipientTable/AmountOfCashGrant225000
IRS990ScheduleI/RecipientTable/AmountOfCashGrant315000
IRS990ScheduleI/RecipientTable/AmountOfCashGrant4135775
IRS990ScheduleI/RecipientTable/AmountOfCashGrant55000
IRS990ScheduleI/RecipientTable/AmountOfCashGrant61552510
IRS990ScheduleI/RecipientTable/AmountOfCashGrant745000
IRS990ScheduleI/RecipientTable/AmountOfCashGrant85200
IRS990ScheduleI/RecipientTable/AmountOfCashGrant98600
IRS990ScheduleI/RecipientTable/AmountOfCashGrant1034131
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IRS990ScheduleI/RecipientTable/AmountOfCashGrant125300
IRS990ScheduleI/RecipientTable/AmountOfCashGrant1330000
IRS990ScheduleI/RecipientTable/EINOfRecipient0616027530
IRS990ScheduleI/RecipientTable/EINOfRecipient1611100993
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IRS990ScheduleI/RecipientTable/EINOfRecipient3610564988
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IRS990ScheduleI/RecipientTable/IRCSection0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSection1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSection2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSection3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSection4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSection5501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSection6GOVERNMENT MUNICIPAL
IRS990ScheduleI/RecipientTable/IRCSection7GOVERNMENT MUNICIPAL
IRS990ScheduleI/RecipientTable/IRCSection8GOVERNMENT MUNICIPAL
IRS990ScheduleI/RecipientTable/IRCSection9GOVERNMENT MUNICIPAL
IRS990ScheduleI/RecipientTable/IRCSection10501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSection11GOVERNMENT MUNICIPAL
IRS990ScheduleI/RecipientTable/IRCSection12GOVERNMENT MUNICIPAL
IRS990ScheduleI/RecipientTable/IRCSection13501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrant0SINGLE ORGANIZATION SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrant1COMMUNITY FOUNDATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrant2ANIMAL-RELATED
IRS990ScheduleI/RecipientTable/PurposeOfGrant3CHILDREN & YOUTH SERVICES
IRS990ScheduleI/RecipientTable/PurposeOfGrant4EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrant5PRESCHOOLS
IRS990ScheduleI/RecipientTable/PurposeOfGrant6EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrant7PUBLIC & SOCIETAL BENEFIT
IRS990ScheduleI/RecipientTable/PurposeOfGrant8EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrant9PUBLIC & SOCIETAL BENEFIT
IRS990ScheduleI/RecipientTable/PurposeOfGrant10SHELTERED EMPLOYMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrant11ARTS, CULTURE & HUMANITIES
IRS990ScheduleI/RecipientTable/PurposeOfGrant12EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrant13UNIVERSITIES
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine10CHILDREN'S HOSPITAL FOUNDATION - LOUISVILLE
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine11COMMUNITY FOUNDATION OF LOUISVILLE CORPORATE DEPOSITORY
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine12HUMANE SOCIETY OF MUHLENBERG COUNTY INC
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine13JUNIOR ACHIEVEMENT OF OWENSBORO
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine14MADISONVILLE COMMUNITY COLLEGE
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine15MCCALLIE SCHOOL
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine16MUHLENBERG COUNTY BOARD OF EDUCATION
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine17MUHLENBERG COUNTY FISCAL COURT
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine18MUHLENBERG COUNTY HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine19MUHLENBERG COUNTY LITERACY COUNCIL INC
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine110MUHLENBERG COUNTY OPPORTUNITY CENTER INC
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine111MUHLENBERG COUNTY PUBLIC LIBRARIES
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine112MUHLENBERG NORTH MIDDLE SCHOOL
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine113UNIVERSITY OF KENTUCKY COLLEGE OF AGRICULTURE
IRS990ScheduleI/RecordsMaintained01
IRS990ScheduleI/TotalNbrOf501C3AndGovtGrants014
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0SOAR (STRATEGIES, OPPORTUNITIES, ADVANTAGES, RESOURCES): EARLY CHILDHOOD DEVELOPMENT AND SCHOOL READINESS ARE CRITICAL ISSUES IN MUHLENBERG COUNTY. THE FOUNDATION MADE A MULTI-YEAR GRANT COMMITMENT TO SUPPORT A PROJECT MANAGER WHO OVERSEES PROGRAMS FOCUSED ON EARLY CHILDHOOD DEVELOPMENT AND LITERACY. THE SOAR PROJECT PARTNERS WITH HEAD START AND LOCAL DAYCARE CENTERS FOR EARLY LITERACY TRAINING FOR ALL PARENTS AND CHILDREN. SOAR HAS INITIATED SEVERAL PROGRAMS WHICH DISTRIBUTE FREE BOOKS TO PRE-SCHOOL AGE CHILDREN, INCLUDING PARTICIPATION IN THE REACH OUT AND READ PROGRAM THROUGH LOCAL PEDIATRICIANS AND DOLLY PARTONS IMAGINATION LIBRARY THROUGH THE PUBLIC LIBRARY SYSTEM. THE PROGRAM ALSO PARTNERS WITH THE MUHLENBERG COUNTY BOARD OF EDUCATION TO PROVIDE PRE-KINDERGARTEN READINESS EVENTS AND TRAINING, AS WELL AS TRAINING FOR EARLY CHILDHOOD EDUCATORS. THE SOAR PROGRAM IS PROUD TO TAKE AN ACTIVE ROLE IN COMMUNITY EVENTS THROUGHOUT MUHLENBERG COUNTY, FOSTERING AN AWARENESS OF THE NEED FOR EARLY CHILDHOOD EDUCATION. BRIDGES OUT OF POVERTY: PEOPLE IN POVERTY FACE CHALLENGES VIRTUALLY UNKNOWN TO THOSE IN MIDDLE CLASS OR WEALTH--CHALLENGES FROM BOTH OBVIOUS AND HIDDEN SOURCES. THE REALITY OF BEING POOR BRINGS OUT A SURVIVAL MENTALITY, AND TURNS ATTENTION AWAY FROM OPPORTUNITIES TAKEN FOR GRANTED BY EVERYONE ELSE. THE FELIX E. MARTIN, JR. FOUNDATION HAS MADE A MULTI-YEAR GRANT TO SUPPORT TRAINING AND PROGRAMS TO ADDRESS AND REDUCE POVERTY IN A COMPREHENSIVE WAY. CURRENT PROGRAMS ARE BASED ON THE RUBY K. PAYNE APPROACH OUTLINED IN A FRAMEWORK FOR UNDERSTANDING POVERTY, AND ARE BEING IMPLEMENTED WITHIN THE MUHLENBERG COUNTY SCHOOL SYSTEM. EDUCATORS RECEIVE TRAINING TO UNDERSTAND CLASS DIFFERENCES AND PRACTICAL TOOLS FOR TEACHING CHILDREN WHO ARE RAISED IN POVERTY. SOAR (STRATEGIES, OPPORTUNITIES, ADVANTAGES, RESOURCES): EARLY CHILDHOOD DEVELOPMENT AND SCHOOL READINESS ARE CRITICAL ISSUES IN MUHLENBERG COUNTY. THE FOUNDATION MADE A MULTI-YEAR GRANT COMMITMENT TO SUPPORT A PROJECT MANAGER WHO OVERSEES PROGRAMS FOCUSED ON EARLY CHILDHOOD DEVELOPMENT AND LITERACY. THE SOAR PROJECT PARTNERS WITH HEAD START AND LOCAL DAYCARE CENTERS FOR EARLY LITERACY TRAINING FOR ALL PARENTS AND CHILDREN. SOAR HAS INITIATED SEVERAL PROGRAMS WHICH DISTRIBUTE FREE BOOKS TO PRE-SCHOOL AGE CHILDREN, INCLUDING PARTICIPATION IN THE REACH OUT AND READ PROGRAM THROUGH LOCAL PEDIATRICIANS AND DOLLY PARTONS IMAGINATION LIBRARY THROUGH THE PUBLIC LIBRARY SYSTEM. THE PROGRAM ALSO PARTNERS WITH THE MUHLENBERG COUNTY BOARD OF EDUCATION TO PROVIDE PRE-KINDERGARTEN READINESS EVENTS AND TRAINING, AS WELL AS TRAINING FOR EARLY CHILDHOOD EDUCATORS. THE SOAR PROGRAM IS PROUD TO TAKE AN ACTIVE ROLE IN COMMUNITY EVENTS THROUGHOUT MUHLENBERG COUNTY, FOSTERING AN AWARENESS OF THE NEED FOR EARLY CHILDHOOD EDUCATION.
IRS990ScheduleO/GeneralExplanation/Explanation1A DRAFT OF THE RETURN IS REVIEWED FIRST BY INTERNAL MANAGEMENT. AFTER INTERNAL MANAGEMENT HAS REVIEWED THE RETURN AND ANY CHANGES ARE MADE, A DRAFT IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW AND A COPY IS PROVIDED TO THE ENTIRE BOARD. ONCE THE COMMENTS FROM THE BOARD ARE REVIEWED, THE FINAL DRAFT OF THE RETURN IS PREPARED AND SIGNED BY THE PRESIDENT/TREASURER.
IRS990ScheduleO/GeneralExplanation/Explanation2THE OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST STATEMENT ANNUALLY. THESE STATEMENTS ARE REVEIWED BY THE CHIEF FINANCIAL OFFICER.
IRS990ScheduleO/GeneralExplanation/Explanation3FORM 990, PART VI, SEC B, LINE 15 THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES CURRENTLY; HOWEVER, THEY FOLLOW THE POLICIES AND PROCEDURES FOR DETERMINING COMPENSATION AS ESTABLISHED BY THE COMMUNITY FOUNDATION OF LOUISVILLE, INC. THE COMMUNITY FOUNDATION OF LOUISVILLE, INC. HAS A COMPENSATION COMMITTEE THAT REVIEWS FORM 990'S AND COMPENSATION STUDIES TO DETERMINE A FAIR AND REASONABLE COMPENSATION FOR THE OFFICERS AND KEY EMPLOYEES. THE PRESIDENT'S AND OFFICERS' COMPENSATION IS THEN APPROVED BY THE COMPENSATION COMMITTEE. COMPENSATION FOR ALL EMPLOYEES IS APPROVED BY THE COMPENSATION COMMITTEE AND BOARD.
IRS990ScheduleO/GeneralExplanation/Explanation4THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$79.4$2.12$77.3$4.80$3.00$1.80
2023Detailed filing. Detailed filing data is available for this year.$71.2$2.24$68.9$2.79$2.71$0.07
2022Detailed filing. Detailed filing data is available for this year.$65.4$2.36$63.1$0.01$4.22$4.21
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.6$1.03$75.6$5.82$2.00$3.82
2020Detailed filing. Detailed filing data is available for this year.$59.7$1.54$58.2$2.36$1.91$0.46
2019Detailed filing. Detailed filing data is available for this year.$63.1$5.23$57.9$2.77$5.42$2.66
2018Detailed filing. Detailed filing data is available for this year.$60.6$2.62$58.0$4.51$2.34$2.17
2017Detailed filing. Detailed filing data is available for this year.$59.0$2.58$56.4$3.13$1.88$1.25
2016Detailed filing. Detailed filing data is available for this year.$54.7$3.35$51.4$2.99$3.06$0.06
2015Detailed filing. Detailed filing data is available for this year.$56.6$2.57$54.0$2.96$2.27$0.70
2014Detailed filing. Detailed filing data is available for this year.$57.9$4.68$53.2$3.88$7.63$3.75
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.2$5.20$52.0$4.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.5$3.76$47.7$2.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.6$3.18$49.4$3.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.0$2.29$42.7$2.29