KATAMA AIRFIELD TRUST

EIN: 043437606 501(c)(3) Environment

EDGARTOWN, MA

Total Revenue
$28,917
Total Expenses
$2,295
Total Assets
$86,054
Net Assets
$86,054
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Legal Domicile
MA
Principal Officer
MICHAEL J CREATO
Phone
2037225828
Tax Period
2021-01-01 to 2021-12-31

KATAMA AIRFIELD TRUST is a micro nonprofit in the Environment sector that reported $29K in total revenue in fiscal year 2021. The organization ran a surplus of $27K, a strong 92% operating margin.

Mission

TO ASSIST IN THE HISTORIC PRESERVATION AND OPERATIONAL NEEDS OF THE KATAMA AIRFIELD AND ITS FACILITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $28,917
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $28,917

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,295
Other Expenses $2,295
TOTAL EXPENSES $2,295

Year-over-Year Comparison

2021 2020 Change
Revenue $28,917 $29,633 0.0%
Expenses $2,295 $2,693 -0.1%
Net Income $26,622 $26,940 0.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL J CREATO CHAIRMAN N/A
Officer
$0 $0 $0
HAROLD B FINDLAY TRUSTEE N/A
Director
$0 $0 $0
PATRICK BRADLEY TRUSTEE-LEGA N/A
Director
$0 $0 $0
LEELEE SMITH KLEIN TREASURER N/A
Officer
$0 $0 $0
JONATHAN JANUZEWSKI SECRETARY N/A
Director
$0 $0 $0
BILL GRECO TRUSTEE N/A
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $28,917 $2,295 $86,054 $26,622
2020 $29,633 $2,693 $101,062 $26,940
2019 $217,860 $12,297 $275,520 $205,563
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