Civic Intelligence

Katama Airfield Trust

EIN 04-3437606 • 501(c)3 • Edgartown, MA

Profile

To be operated exclusively for the care and maintenance of the katama airfield and its facilities.

12 Mattakesett Way/PO Box 3453Edgartown, MA 02539

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

89th percentile

48%

Higher net margin than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

77th percentile

23%

Faster asset growth than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

-17%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$62,933

Up $11,717 (+23%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$62,933

Up $11,717 (+23%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin89th percentile

Revenue

Down

$24,320

Down $4,989 (-17%) from 2023

Expenses

Up

$12,603

Up $2,198 (+21%) from 2023

Net Income

Down

$11,717

Down $7,187 (-38%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth77th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2013: $127,675Net Assets 2013: $127,6752013Assets 2015: $128,045Liabilities 2015: $0Net Assets 2015: $128,0452015Assets 2017: $127,135Liabilities 2017: $0Net Assets 2017: $127,1352017Assets 2018: $127,223Liabilities 2018: $0Net Assets 2018: $127,2232018Assets 2019: $275,520Liabilities 2019: $0Net Assets 2019: $275,5202019Assets 2020: $101,062Liabilities 2020: $0Net Assets 2020: $101,0622020Assets 2021: $86,054Liabilities 2021: $0Net Assets 2021: $86,0542021Assets 2022: $32,312Liabilities 2022: $0Net Assets 2022: $32,3122022Assets 2023: $51,216Liabilities 2023: $0Net Assets 2023: $51,2162023Assets 2024: $62,933Net Assets 2024: $62,9332024

Highlighted filing

2024

Assets$62,933
Liabilities-
Net Assets$62,933
Open 2024 Filing

Operations Trend

Revenue Growth36th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2013: $1,123Expenses 2013: $616Net Income 2013: $5072013Revenue 2015: $1,121Expenses 2015: $876Net Income 2015: $2452015Revenue 2017: $284Expenses 2017: $911Net Income 2017: -$6272017Revenue 2018: $1,005Expenses 2018: $917Net Income 2018: $882018Revenue 2019: $217,860Expenses 2019: $12,297Net Income 2019: $205,5632019Revenue 2020: $29,633Expenses 2020: $2,693Net Income 2020: $26,9402020Revenue 2021: $28,917Expenses 2021: $2,295Net Income 2021: $26,6222021Revenue 2022: $23,450Expenses 2022: $77,038Net Income 2022: -$53,5882022Revenue 2023: $29,309Expenses 2023: $10,405Net Income 2023: $18,9042023Revenue 2024: $24,320Expenses 2024: $12,603Net Income 2024: $11,7172024

Highlighted filing

2024

Revenue$24,320
Expenses$12,603
Net Income$11,717
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$62,933
Liabilities
-
Net assets
$62,933
Revenue
$24,320
Expenses
$12,603
Net income
$11,717
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.63$0.63$0.24$0.13$0.12
2023Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.29$0.10$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.23$0.77$0.54
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.00$0.86$0.29$0.02$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.00$1.01$0.30$0.03$0.27
2019Detailed filing. Detailed filing data is available for this year.$2.76$0.00$2.76$2.18$0.12$2.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.00$1.27$0.01$0.01$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.00$0.01$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.00$1.28$0.01$0.01$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.28$1.28$0.01$0.01$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 1, 2025
Return Version
2024v5.0
Gross Receipts
$28,349
Mission and Program Overview

Mission

To be operated exclusively for the care and maintenance of the katama airfield and its facilities.

To assist in the historic preservation and operational needs of the katama airfield, and to develop educational programs and youth scholarships to serve local island youth seeking careers in the avaiation industry.

Program Services

DescriptionGrantsExpenses
THE CARE AND MAINTENANCE OF THE KATAMA AIRFIELD AND ITS FACILITIES SPECIFICALLY TO HELP DESIGN AND PLAN FOR A RENOVATION OF THE HISTORIC AIRFIELD HANGAR.-$9,042
THE DEVELOPMENT OF EDUCATIONAL PROGRAMS AND YOUTH SCHOLARSHIPS.-$1,127
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL J CREATOChairman-$0--
LEELEE SMITH KLEINTreasurer-$0--
JACK JANUSZEWSKISecretary-$0--
HAROLD B FINDLAYTrustee-$0--
PATRICK BRADLEYTrustee-Lega-$0--
BILL GRECOTrustee-$0--
DAVID HALSEYTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Katama Airfield Trust
EIN
04-3437606
Phone
2037225828
Address
12 MATTAKESETT WAY/PO BOX 3453, EDGARTOWN, MA 02539

Signing Officer

Name
Leelee Smith Klein
Title
Treasurer
Signed
2025-05-01
Discuss with paid preparer
Yes

Preparer

Firm
Heritage Accounting & Tax Services
Address
335 COTUIT RD UNIT 4, SANDWICH, MA 02563-5109
Preparer
Peter G Lemiresrcpa
Phone
5088880086
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office expenses 182 website fees 245 bank & paypal fees 1,299 landscaping & improvement 3,665 event expense 1,127 filing fees 36 operational supplies 3,651 total 10,205”

Form 990-ez, Part II, Line 24

“4,395 0 less accumulated depreciation 366 0 total 4,029 0”

Form 990-ez, Part III

“To assist in the historic preservation and operational needs of the katama airfield, and to develop educational programs and youth scholarships to serve local island youth seeking careers in the avaiation industry.”

Raw XML Appendix146 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0LEELEE SMITH KLEIN
IRS990EZ/BooksInCareOfDetail/PhoneNum02037225828
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 3725
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0EDGARTOWN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002539
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt047187
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt062933
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOrOtherBasisExpenseSaleAmt04029
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt011717
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02000
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt051216
IRS990EZ/Form990TotalAssetsGrp/EOYAmt062933
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-4029
IRS990EZ/GrossReceiptsAmt028349
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt051216
IRS990EZ/NetAssetsOrFundBalancesEOYAmt062933
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt051216
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt062933
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL J CREATO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LEELEE SMITH KLEIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JACK JANUSZEWSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3HAROLD B FINDLAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4PATRICK BRADLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BILL GRECO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DAVID HALSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE-LEGA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04029
IRS990EZ/OtherExpensesTotalAmt010205
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ASSIST IN THE HISTORIC PRESERVATION AND OPERATIONAL NEEDS OF THE KATAMA AIRFIELD, AND TO DEVELOP EDUCATIONAL PROGRAMS AND YOUTH SCHOLARSHIPS TO SERVE LOCAL ISLAND YOUTH SEEKING CAREERS IN THE AVAIATION INDUSTRY.
IRS990EZ/PrintingPublicationsPostageAmt0398
IRS990EZ/ProgramServiceRevenueAmt028349
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE CARE AND MAINTENANCE OF THE KATAMA AIRFIELD AND ITS FACILITIES SPECIFICALLY TO HELP DESIGN AND PLAN FOR A RENOVATION OF THE HISTORIC AIRFIELD HANGAR.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE DEVELOPMENT OF EDUCATIONAL PROGRAMS AND YOUTH SCHOLARSHIPS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt09042
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11127
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt012603
IRS990EZ/TotalProgramServiceExpensesAmt010169
IRS990EZ/TotalRevenueAmt024320
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0WWW.KATAMAAIRFIELDTRUST.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt028349
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt017110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt021000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt028917
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt029613
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0124989
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt020
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt042998
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99980
IRS990ScheduleA/PublicSupportPY170Pct00.99820
IRS990ScheduleA/PublicSupportTotal170Amt0124989
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt028349
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt017110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt021000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt028917
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt029613
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0124989
IRS990ScheduleA/TotalSupportAmt0125009
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSES 182 WEBSITE FEES 245 BANK & PAYPAL FEES 1,299 LANDSCAPING & IMPROVEMENT 3,665 EVENT EXPENSE 1,127 FILING FEES 36 OPERATIONAL SUPPLIES 3,651 TOTAL 10,205
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14,395 0 LESS ACCUMULATED DEPRECIATION 366 0 TOTAL 4,029 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO ASSIST IN THE HISTORIC PRESERVATION AND OPERATIONAL NEEDS OF THE KATAMA AIRFIELD, AND TO DEVELOP EDUCATIONAL PROGRAMS AND YOUTH SCHOLARSHIPS TO SERVE LOCAL ISLAND YOUTH SEEKING CAREERS IN THE AVAIATION INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LEELEE SMITH KLEIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KATAMA AIRFIELD TRUST
ReturnHeader/Filer/BusinessNameControlTxt0KATA
ReturnHeader/Filer/EIN0043437606
ReturnHeader/Filer/PhoneNum02037225828
ReturnHeader/Filer/USAddress/AddressLine1Txt012 MATTAKESETT WAY/PO BOX 3453
ReturnHeader/Filer/USAddress/CityNm0EDGARTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002539
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270727870
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HERITAGE ACCOUNTING & TAX SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0335 COTUIT RD UNIT 4
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SANDWICH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0025635109
ReturnHeader/PreparerPersonGrp/PhoneNum05088880086
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER G LEMIRESRCPA
ReturnHeader/ReturnTs02025-05-14T09:03:37-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits