Nonprofit · EIN 84-2326831
MARTLET INC
Tax-exempt · INDIANAPOLIS, IN 46208
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $624,901 | $584,507 | $40,394 | $6,827,766 | $87,385 | $6,740,381 |
| June 30, 2024 | 990 | $236,185 | $180,825 | $55,360 | $6,943,239 | $313,179 | $6,630,060 |
| June 30, 2023 | 990 | $4,706,188 | $216,976 | $4,489,212 | $6,286,054 | $220,206 | $6,065,848 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $132,000
- Investment income
- $492,901
- Net gain from sales of assets
- $302,026
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $500,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,839
- Occupancy
- $683
- Depreciation
- $38,446
Balance sheet and other
- Total assets, start of year
- $6,943,239
- Total assets, end of year
- $6,827,766
- Total liabilities, end of year
- $87,385
- Net assets, end of year
- $6,740,381
- Land, buildings and equipment
- $1,272,966
- Publicly traded securities
- $5,022,596
- Net assets without donor restrictions
- $6,740,381
- Gross unrelated business income
- $492,901
- Gross receipts
- $1,177,016
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2019
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KARL GRINDEL | EXECUTIVE DIRECTOR Officer | 1 | $0 | $184,115 | $6,015 |
| GREGORY F HAUSER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DR WILLIAM R TALLMAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MILES WASHBURN | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHARLES MANCUSO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARK SEXTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KARL GRINDEL 13123 - PRESENT | EXECUTIVE DIRECTOR Officer | 1 | $0 | $151,610 | $1,871 |
| JEROD BREIT THROUGH 13123 | EXECUTIVE DIRECTOR Officer | 1 | $0 | $75,747 | $739 |
| GREGORY F HAUSER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DR WILLIAM R TALLMAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MILES WASHBURN | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHARLES MANCUSO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARK SEXTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEROD BREIT THROUGH 13123 | EXECUTIVE DIRECTOR Officer | 1 | $0 | $150,246 | $163 |
| GREGORY F HAUSER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DR WILLIAM R TALLMAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MILES WASHBURN | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHARLES MANCUSO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARK SEXTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KARL GRINDEL 13123 - PRESENT | EXECUTIVE DIRECTOR Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3845 N MERIDIAN ST, INDIANAPOLIS, IN 46208-4036
- Principal officer (990 for 2024)
- KARL GRINDEL, 3845 N MERIDIAN STREET, INDIANAPOLIS, IN 46208
- Signed the 990
- KARL GRINDEL, EXECUTIVE DIRECTOR
- Phone
- (463) 207-7200
- Return prepared by
- BLUE & CO LLC
Mission
HOLD PROPERTY FOR THE DELTA CHI FRATERNITY.
Program accomplishments
- HOLD PROPERTY FOR THE DELTA CHI FRATERNITY.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 84-2326831
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47)
- Assets (IRS master file)
- $6,827,766
- Income (IRS master file)
- $1,177,016
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $624,901 | $584,507 | $6,827,766 | XML |
| 990 | June 2024 | $236,185 | $180,825 | $6,943,239 | IRS |
| 990 | June 2023 | $4,706,188 | $216,976 | $6,286,054 | XML |
| 990 | June 2022 | $132,000 | $132,000 | $1,589,475 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2326831).
Questions about MARTLET INC
- What is the EIN of MARTLET INC?
- The employer identification number (EIN) of MARTLET INC is 84-2326831.
- Is MARTLET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2021.
- Are donations to MARTLET INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MARTLET INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MARTLET INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARTLET INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MARTLET INC?
- The 990 for the year ended June 30, 2025 names KARL GRINDEL.
- Who are the officers and directors of MARTLET INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does MARTLET INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $624,901, expenses of $584,507 and total assets of $6,827,766 at year end.
Other nonprofits in INDIANAPOLIS
- STRADA EDUCATION FOUNDATION INC EIN 47-3044430 · last filed 990 for 2024
- INDIANAPOLIS FOUNDATION INC EIN 45-4618430 · last filed 990 for 2024
- FISCAL SPONSORSHIP ALLIES INC EIN 85-0839183 · last filed 990 for 2025
- CICP FOUNDATION INC EIN 35-2065457 · last filed 990 for 2025
- BOARD OF CERTIFIED SAFETY PROFESSIONALS OF THE AMERICAS INC EIN 37-0982724 · last filed 990 for 2025
- COMMUNITY ACTION OF GREATER INDIANAPOLIS INC EIN 35-6048441 · last filed 990 for 2024
- 16 TECH COMMUNITY CORPORATION EIN 81-0853467 · last filed 990 for 2024
- 2021 ALL-STAR INC EIN 83-1210277 · last filed 990 for 2025
All nonprofits in INDIANAPOLIS · Indiana · Community improvement and capacity building