Civic Intelligence

Martlet Inc

990 • Fiscal year 2025 • EIN 84-2326831

Jul 01, 2024 to Jun 30, 2025

Organization ProfileN/A
3845 N Meridian StreetIndianapolis, IN 46208

(463) 207-7200

Siviq Scores

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

Liabilities / Assets

31st percentile

0.01x

Higher debt load relative to assets than 31% of similar nonprofits.

2025 filings • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

53rd percentile

0.14x

Higher debt load relative to revenue than 53% of similar nonprofits.

2025 filings • $5M-$10M nonprofits • Source year 2025

Net Margin

52nd percentile

6.5%

Higher net margin than 52% of similar nonprofits.

2025 filings • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

76th percentile

$190,130

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 30.4% of source-year revenue.

2025 filings • $5M-$10M nonprofits • Source year 2025

Asset Growth

26th percentile

-1.7%

Faster asset growth than 26% of similar nonprofits.

2025 filings • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

95th percentile

165%

Faster revenue growth than 95% of similar nonprofits.

2025 filings • $5M-$10M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets31st percentile

Assets

Down

$6,827,766

Down $115,473 (-1.7%) from 2024

Net Assets

Up

$6,740,381

Up $110,321 (+1.7%) from 2024

Liabilities

Down

$87,385

Down $225,794 (-72%) from 2024

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin52nd percentile

Revenue

Up

$624,901

Up $388,716 (+165%) from 2024

Expenses

Up

$584,507

Up $403,682 (+223%) from 2024

Net Income

Down

$40,394

Down $14,966 (-27%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2020: $1,586,192Liabilities 2020: $87,616Net Assets 2020: $1,498,5762020Assets 2021: $1,499,180Liabilities 2021: $604Net Assets 2021: $1,498,5762021Assets 2022: $1,589,475Liabilities 2022: $90,899Net Assets 2022: $1,498,5762022Assets 2023: $6,286,054Liabilities 2023: $220,206Net Assets 2023: $6,065,8482023Assets 2024: $6,943,239Liabilities 2024: $313,179Net Assets 2024: $6,630,0602024Assets 2025: $6,827,766Liabilities 2025: $87,385Net Assets 2025: $6,740,3812025

Highlighted filing

2025

Assets$6,827,766
Liabilities$87,385
Net Assets$6,740,381
Open 2025 Filing

Operations Trend

Revenue Growth95th percentile

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

$6.0M$4.0M$2.0M$0Revenue 2020: $1,619,576Expenses 2020: $121,000Net Income 2020: $1,498,5762020Revenue 2021: $132,000Expenses 2021: $132,000Net Income 2021: $02021Revenue 2022: $132,000Expenses 2022: $132,000Net Income 2022: $02022Revenue 2023: $4,706,188Expenses 2023: $216,976Net Income 2023: $4,489,2122023Revenue 2024: $236,185Expenses 2024: $180,825Net Income 2024: $55,3602024Revenue 2025: $624,901Expenses 2025: $584,507Net Income 2025: $40,3942025

Highlighted filing

2025

Revenue$624,901
Expenses$584,507
Net Income$40,394
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 18, 2026
Return Version
2024v5.5
Gross Receipts
$1,177,016
Mission and Program Overview

Mission

Hold property for the delta chi fraternity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,211,784$5,022,596▼ $189,188
Land, Buildings, and Equipment, Net$1,311,412$1,272,966▼ $38,446
Cash and Non-Interest-Bearing Accounts$420,043$482,875▲ $62,832
Total Assets$6,943,239$6,827,766▼ $115,473
Other Assets Total$0$49,329▲ $49,329
Liabilities
Other Liabilities$132,400$0▼ $132,400
Grants Payable$178,385$87,385▼ $91,000
Accounts Payable and Accrued Expenses$2,394$0▼ $2,394
Total Liabilities$313,179$87,385▼ $225,794
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,630,060$6,740,381▲ $110,321
Total Net Assets Fund Balance$6,630,060$6,740,381▲ $110,321
Total Liabilities and Net Assets / Fund Balance$6,943,239$6,827,766▼ $115,473

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,182,966$225,610$1,408,576
Land$90,000-$90,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$2,383,994-▲ $281,298-$2,665,292
2023$2,132,963$10▲ $251,021-$2,383,994
2022$1,857,377$88,479▲ $233,311$46,204$2,132,963
2021$2,203,554-▼ $313,645$32,532$1,857,377
2020$1,808,047-▲ $620,968$225,461$2,203,554
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Gregory F HauserPresident
Charles MancusoDirector
Mark SextonDirector
Karl GrindelExecutive Director
Dr William R TallmanSecretary
Miles WashburnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$132,000
Investment Income
$492,901
Other Revenue
$0
Change in Net Assets
$40,394

Audited Revenue Reconciliation

Revenue per Audited Statements
$583,362
Revenue Not Reported on Financial Statements
$41,539
Revenue Not Reported on Form 990
$69,927
Total Revenue per Audited Statements
$653,289
Total Revenue per Form 990
$624,901
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$500,000
Other Expenses$84,507
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs---$500,000
Fees for Service Investment Mgmnt Fees---$41,539
Depreciation Depletion---$38,446
Fees for Services Accounting---$3,839
Occupancy---$683
Total Functional Expenses$0$0$0$584,507

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$584,507
Expenses per Audited Statements$542,968
Total Expenses per Audited Statements$542,968
Expenses Not Reported on Financial Statements$41,539
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Delta Chi Educational FoundationIndianapolis, IN501(c)(3)Grant for Education$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Form 990 is prepared by an independent accounting firm. Management reviews a draft of the return prior to sharing with the board of directors. The return is then filed after comment period has passed.”

Form 990, Part VI, Section B, Line 12C

“Individuals review and sign the conflict of interest statement and declaration annually. They are retained in accordance with the document retention policy.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, policies, financial statements and 990/990-t/state income tax returns are made available to the person who requests them as long as the request for copies is a valid and reasonable request. Any request that appears to be, or is, hostile in nature is delayed until organization management and/or officers have consulted with legal counsel to determine the action to take.”

Filing and Contact Details

Filer

Filer Name
Martlet Inc
EIN
84-2326831
Phone
4632077200
Address
3845 N MERIDIAN STREET, INDIANAPOLIS, IN 46208

Signing Officer

Name
Karl Grindel
Title
Executive Director
Phone
4632077200
Signed
2026-03-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karl Grindel
Formed
2019
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Blue & Co LLC
Address
12800 N MERIDIAN ST STE 400, CARMEL, IN 46032
Preparer
Angela N Crawford CPA
Phone
3178488920
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 3B

“The organization files a consolidated form 990-t with the delta chi fraternity.”

FORM 990, PART XII, LINE 2C:

“The audit committee assumes responsibility for the oversight of the audit.”

Financial Statement Notes

PART V, LINE 4:

“The primary purpose of the fund is to act as a reserve which will provide for funds for general operations as approved by the board. The organization expects its endowment fund, over time, to provide an average rate of return of seven to nine percent. Actual returns in any given year may vary from this amount. To satisfy its long-term rate-of-return objectives, the organization relies on a total return strategy in which investment returns are achieved through both capital appreciation (realized and unrealized) and current yield (interest and dividends). The organization targets a diversified asset allocation that places a greater emphasis on equity-based investments to achieve its long-term return objectives.”

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by the organization, and has concluded that as of june 30, 2025 and 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying consolidated financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PRIMARY PURPOSE OF THE FUND IS TO ACT AS A RESERVE WHICH WILL PROVIDE FOR FUNDS FOR GENERAL OPERATIONS AS APPROVED BY THE BOARD. THE ORGANIZATION EXPECTS ITS ENDOWMENT FUND, OVER TIME, TO PROVIDE AN AVERAGE RATE OF RETURN OF SEVEN TO NINE PERCENT. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE ORGANIZATION RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE ORGANIZATION TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2025 AND 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01272966
IRS990ScheduleD/TotalExpensesPerForm990Amt0584507
IRS990ScheduleD/TotalRevenuePerForm990Amt0624901
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0653289
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0542968
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt00
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt0500000
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0GRANT FOR EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GRANT FOR EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0DELTA CHI EDUCATIONAL FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0426075434
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03845 N MERIDIAN STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd046208
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK VALUE
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt015000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0169115
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt06015
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KARL GRINDEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0190130
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE RELATED ORGANIZATION UTILIZES FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS, AND EXECUTIVE COMMITTEE APPROVAL IN DETERMINING THE EXECUTIVE DIRECTOR'S COMPENSATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FILES A CONSOLIDATED FORM 990-T WITH THE DELTA CHI FRATERNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. MANAGEMENT REVIEWS A DRAFT OF THE RETURN PRIOR TO SHARING WITH THE BOARD OF DIRECTORS. THE RETURN IS THEN FILED AFTER COMMENT PERIOD HAS PASSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INDIVIDUALS REVIEW AND SIGN THE CONFLICT OF INTEREST STATEMENT AND DECLARATION ANNUALLY. THEY ARE RETAINED IN ACCORDANCE WITH THE DOCUMENT RETENTION POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS AND 990/990-T/STATE INCOME TAX RETURNS ARE MADE AVAILABLE TO THE PERSON WHO REQUESTS THEM AS LONG AS THE REQUEST FOR COPIES IS A VALID AND REASONABLE REQUEST. ANY REQUEST THAT APPEARS TO BE, OR IS, HOSTILE IN NATURE IS DELAYED UNTIL ORGANIZATION MANAGEMENT AND/OR OFFICERS HAVE CONSULTED WITH LEGAL COUNSEL TO DETERMINE THE ACTION TO TAKE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE DELTA CHI FRATERNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0420212285
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(7)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FRATERNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03845 N MERIDIAN STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd046208
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0132000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE DELTA CHI FRATERNITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06943239
IRS990/TotalAssetsEOYAmt06827766
IRS990/TotalAssetsGrp/BOYAmt06943239
IRS990/TotalAssetsGrp/EOYAmt06827766
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0584507
IRS990/TotalGrossUBIAmt0492901
IRS990/TotalLiabilitiesBOYAmt0313179
IRS990/TotalLiabilitiesEOYAmt087385
IRS990/TotalLiabilitiesGrp/BOYAmt0313179
IRS990/TotalLiabilitiesGrp/EOYAmt087385
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06630060
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06740381
IRS990/TotalOtherCompensationAmt06015
IRS990/TotalProgramServiceRevenueAmt0132000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0132000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0624901
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0492901
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06943239
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06827766
IRS990/TotReportableCompRltdOrgAmt0184115
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03845 N MERIDIAN STREET
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046208
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KARL GRINDEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04632077200
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARTLET INC
ReturnHeader/Filer/BusinessNameControlTxt0MART
ReturnHeader/Filer/EIN0842326831
ReturnHeader/Filer/PhoneNum04632077200
ReturnHeader/Filer/USAddress/AddressLine1Txt03845 N MERIDIAN STREET
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,827,766
Liabilities
$87,385
Net assets
$6,740,381
Revenue
$624,901
Expenses
$584,507
Net income
$40,394
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.83$0.09$6.74$0.62$0.58$0.04
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.94$0.31$6.63$0.24$0.18$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.29$0.22$6.07$4.71$0.22$4.49
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.09$1.50$0.13$0.13$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.00$1.50$0.13$0.13$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.09$1.50$1.62$0.12$1.50