Civic Intelligence

Master the Possibilities Inc.

990 • Fiscal year 2017 • EIN 46-2693153

Jan 01, 2017 to Dec 31, 2017 • Filed on May 11, 2018

Organization Profilewww.masterthepossibilities.com
8435 SW 80th Street Suite 2Ocala, FL 34481

(352) 873-0848

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.21x

Higher debt load relative to assets than 73% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.05x

Higher debt load relative to revenue than 56% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

39th percentile

0.1%

Higher net margin than 39% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

84th percentile

$86,344

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

15th percentile

-10.0%

Faster asset growth than 15% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

56th percentile

8.0%

Faster revenue growth than 56% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Flat

$164,428

Flat from 2017

Net Assets

Flat

$129,195

Flat from 2017

Liabilities

Flat

$35,233

Flat from 2017

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin39th percentile

Revenue

Flat

$677,707

Flat from 2017

Expenses

Flat

$677,210

Flat from 2017

Net Income

Flat

$497

Flat from 2017

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$3.0M$2.0M$1.0M$0Assets 2014: $71,285Net Assets 2014: $71,2852014Assets 2015: $115,213Liabilities 2015: $11,640Net Assets 2015: $103,5732015Assets 2016: $182,647Liabilities 2016: $53,949Net Assets 2016: $128,6982016Assets 2017: $164,428Liabilities 2017: $35,233Net Assets 2017: $129,1952017Assets 2017: $164,428Liabilities 2017: $35,233Net Assets 2017: $129,1952017Assets 2018: $244,330Liabilities 2018: $81,832Net Assets 2018: $162,4982018Assets 2019: $523,256Liabilities 2019: $89,355Net Assets 2019: $433,9012019Assets 2020: $629,867Liabilities 2020: $119,347Net Assets 2020: $510,5202020Assets 2021: $895,097Liabilities 2021: $84,564Net Assets 2021: $810,5332021Assets 2022: $1,226,561Liabilities 2022: $101,164Net Assets 2022: $1,125,3972022Assets 2023: $1,595,107Liabilities 2023: $140,505Net Assets 2023: $1,454,6022023Assets 2024: $2,105,250Liabilities 2024: $135,471Net Assets 2024: $1,969,7792024

Highlighted filing

2017

Assets$164,428
Liabilities$35,233
Net Assets$129,195
Open 2017 Filing

Operations Trend

Revenue Growth56th percentile

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

$2.0M$1.5M$1.0M$500K$0Revenue 2014: $76,500Expenses 2014: $5,215Net Income 2014: $71,2852014Revenue 2015: $477,080Expenses 2015: $444,792Net Income 2015: $32,2882015Revenue 2016: $627,702Expenses 2016: $602,577Net Income 2016: $25,1252016Revenue 2017: $677,707Expenses 2017: $677,210Net Income 2017: $4972017Revenue 2017: $677,707Expenses 2017: $677,210Net Income 2017: $4972017Revenue 2018: $786,918Expenses 2018: $753,615Net Income 2018: $33,3032018Revenue 2019: $1,048,264Expenses 2019: $776,861Net Income 2019: $271,4032019Revenue 2020: $752,412Expenses 2020: $675,793Net Income 2020: $76,6192020Revenue 2021: $1,015,552Expenses 2021: $715,539Net Income 2021: $300,0132021Revenue 2022: $1,120,831Expenses 2022: $805,967Net Income 2022: $314,8642022Revenue 2023: $1,377,111Expenses 2023: $1,047,906Net Income 2023: $329,2052023Revenue 2024: $1,627,863Expenses 2024: $1,112,686Net Income 2024: $515,1772024

Highlighted filing

2017

Revenue$677,707
Expenses$677,210
Net Income$497
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 11, 2018
Return Version
2017v2.2
Gross Receipts
$677,707
Mission and Program Overview

Mission

Master the possibilities operates a formal education program for senior adults (also known as continuing education, adult education and lifelong learning programs).

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$145,405$94,521▼ $50,884
Prepaid Expenses and Deferred Charges$5,221$38,155▲ $32,934
Pledges and Grants Receivable-$15,369-
Intangible Assets$16,683$8,983▼ $7,700
Accounts Receivable$11,173$2,000▼ $9,173
Savings and Temporary Cash Investments-$1,235-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Inventories for Sale or Use-$0-
Total Assets$182,647$164,428▼ $18,219
Other Assets Total$4,165$4,165→ $0
Liabilities
Deferred Revenue$32,713$31,250▼ $1,463
Accounts Payable and Accrued Expenses$21,136$3,983▼ $17,153
Other Liabilities$100--
Total Liabilities$53,949$35,233▼ $18,716
Net Assets / Fund Balance
Unrestricted Net Assets$128,698$129,195▲ $497
Total Net Assets Fund Balance$128,698$129,195▲ $497
Total Liabilities and Net Assets / Fund Balance$182,647$164,428▼ $18,219
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Margaret SpontakD. of EducationFT$78,619$7,725$86,344

Board Members and Trustees

NameTitle
Kenneth D ColenPresident
John HuntDirector
Richard A BelzDirector
Solon F O'Neal JRDirector
Stephen J Albright JrDirector
Barbara OrtizAsst Secretary
Robert L ColenSecretary
C Guy WoolbrightTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,076
Program Service Revenue
$642,144
Investment Income
$1,237
Other Revenue
$7,250
All Other Contributions
$27,076
Change in Net Assets
$497
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$363,481
Salaries, Compensation, and Employee Benefits$313,729
Total Fundraising Expense$8,640
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$147,805$29,952-$177,757
Current Officers, Directors, Trustees, and Key Employees$60,441$21,586$4,317$86,344
Payroll Taxes$27,337$6,750$560$34,647
Other Expenses$30,804$623-$31,427
Occupancy$23,234$1,110-$24,344
Insurance$17,669$2,511-$20,180
Fees for Services Legal$3,611$10,469$1,496$15,576
Other Employee Benefits$11,277$2,947$446$14,670
All Other Expenses$7,901$1,599$300$9,800
Depreciation Depletion$7,700--$7,700
Advertising$3,285$323$1,087$4,695
Fees for Services Accounting$869$3,042$434$4,345
Office Expenses$3,605$400-$4,005
Pension Plan Contributions$272$39-$311
Total Functional Expenses$585,559$83,011$8,640$677,210
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-See Part VProg Service RevenueNo$453,411

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“The following Officers and Directors were considered to have a business relationship:Kenneth D. ColenRobert L. ColenC. Guy WoolbrightBarbara Ortiz”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The form 990 is submitted to the Board of directors and is reviewed by the President and Assistant Secretary prior to filing with the IRS.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The organization monitors potential conflicts of interest to the organization by requiring annual disclosure of family and business relationships by each board member.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The Board of Directors reviews and approves executive director and top management compensation. Compensation is based on market analysis of similar not-for-profits in the region.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public pursuant to Section 6104 of the Internal Revenue Code upon request made in person or in writing.”

Filing and Contact Details

Filer

Filer Name
Master The Possibilities Inc
EIN
46-2693153
Phone
3528730848
Address
8435 SW 80th Street Suite 2, Ocala, FL 34481

Signing Officer

Name
Kenneth D Colen
Title
President
Signed
2018-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth D Colen
Formed
2013
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
4
Employees
6
Volunteers
265

Preparer

Firm
Christopher Smith Leonard Etal
Address
101 E Kennedy Boulevard Suite 1460, Tampa, FL 33602
Preparer
Susan O Thompson
Phone
8134904490
Raw XML AppendixShowing 400 of 453 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt021136
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03983
IRS990/AccountsReceivableGrp/BOYAmt011173
IRS990/AccountsReceivableGrp/EOYAmt02000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Master the Possibilities operates a formal education program for senior adults (also known as continuing education, adult education and lifelong learning programs).
IRS990/AdvertisingGrp/FundraisingAmt01087
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0323
IRS990/AdvertisingGrp/ProgramServicesAmt03285
IRS990/AdvertisingGrp/TotalAmt04695
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt027076
IRS990/AllOtherExpensesGrp/FundraisingAmt0300
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01599
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07901
IRS990/AllOtherExpensesGrp/TotalAmt09800
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Barbara Ortiz
IRS990/BooksInCareOfDetail/PhoneNum03528730848
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08435 SW 80th Street Suite 2
IRS990/BooksInCareOfDetail/USAddress/CityNm0Ocala
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd034481
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0145405
IRS990/CashNonInterestBearingGrp/EOYAmt094521
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt04317
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt021586
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt060441
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt086344
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt027076
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01237
IRS990/CYOtherExpensesAmt0363481
IRS990/CYOtherRevenueAmt07250
IRS990/CYProgramServiceRevenueAmt0642144
IRS990/CYRevenuesLessExpensesAmt0497
IRS990/CYSalariesCompEmpBnftPaidAmt0313729
IRS990/CYTotalExpensesAmt0677210
IRS990/CYTotalFundraisingExpenseAmt08640
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0677707
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt032713
IRS990/DeferredRevenueGrp/EOYAmt031250
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt07700
IRS990/DepreciationDepletionGrp/TotalAmt07700
IRS990/Desc0Master the Possibilities operates a formal education program for senior adults (also known as continuing education, adult education and lifelong learning programs).
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0585559
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt0434
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03042
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0869
IRS990/FeesForServicesAccountingGrp/TotalAmt04345
IRS990/FeesForServicesLegalGrp/FundraisingAmt01496
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt010469
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt03611
IRS990/FeesForServicesLegalGrp/TotalAmt015576
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt77.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt87725
IRS990/Form990PartVIISectionAGrp/PersonNm0Kenneth D Colen
IRS990/Form990PartVIISectionAGrp/PersonNm1Robert L Colen
IRS990/Form990PartVIISectionAGrp/PersonNm2C Guy Woolbright
IRS990/Form990PartVIISectionAGrp/PersonNm3Richard A Belz
IRS990/Form990PartVIISectionAGrp/PersonNm4Solon F O'Neal JR
IRS990/Form990PartVIISectionAGrp/PersonNm5Stephen J Albright Jr
IRS990/Form990PartVIISectionAGrp/PersonNm6John Hunt
IRS990/Form990PartVIISectionAGrp/PersonNm7Barbara Ortiz
IRS990/Form990PartVIISectionAGrp/PersonNm8Margaret Spontak
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt878619
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Asst Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8D. of Education
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0677707
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt02511
IRS990/InsuranceGrp/ProgramServicesAmt017669
IRS990/InsuranceGrp/TotalAmt020180
IRS990/IntangibleAssetsGrp/BOYAmt016683
IRS990/IntangibleAssetsGrp/EOYAmt08983
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt01237
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01237
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt056
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0FL
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Master the Possibilities operates a formal education program for senior adults (also known as continuing education, adult education and lifelong learning programs).
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0128698
IRS990/NetAssetsOrFundBalancesEOYAmt0129195
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt06250
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01110
IRS990/OccupancyGrp/ProgramServicesAmt023234
IRS990/OccupancyGrp/TotalAmt024344
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0400
IRS990/OfficeExpensesGrp/ProgramServicesAmt03605
IRS990/OfficeExpensesGrp/TotalAmt04005
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt04165
IRS990/OtherAssetsTotalGrp/EOYAmt04165
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0446
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02947
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011277
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014670
IRS990/OtherExpensesGrp/Desc0Instructor Fees/Supplies
IRS990/OtherExpensesGrp/Desc1Building Cleaning &Maintenance
IRS990/OtherExpensesGrp/Desc2Printing and Publications
IRS990/OtherExpensesGrp/Desc3Computer Maintenance
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01428
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1232
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2623
IRS990/OtherExpensesGrp/ProgramServicesAmt0166660
IRS990/OtherExpensesGrp/ProgramServicesAmt137242
IRS990/OtherExpensesGrp/ProgramServicesAmt235847
IRS990/OtherExpensesGrp/ProgramServicesAmt330804
IRS990/OtherExpensesGrp/TotalAmt0166660
IRS990/OtherExpensesGrp/TotalAmt138670
IRS990/OtherExpensesGrp/TotalAmt236079
IRS990/OtherExpensesGrp/TotalAmt331427
IRS990/OtherLiabilitiesGrp/BOYAmt0100
IRS990/OtherRevenueMiscGrp/Desc0Advertising Income
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07250
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt07250
IRS990/OtherRevenueTotalAmt07250
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt029952
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0147805
IRS990/OtherSalariesAndWagesGrp/TotalAmt0177757
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0560
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06750
IRS990/PayrollTaxesGrp/ProgramServicesAmt027337
IRS990/PayrollTaxesGrp/TotalAmt034647
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt039
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0272
IRS990/PensionPlanContributionsGrp/TotalAmt0311
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt015369
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05221
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt038155
IRS990/PrincipalOfficerNm0Kenneth D Colen
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Course Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0642144
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0642144
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt075661
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0352896
IRS990/PYOtherRevenueAmt03045
IRS990/PYProgramServiceRevenueAmt0548996
IRS990/PYRevenuesLessExpensesAmt025125
IRS990/PYSalariesCompEmpBnftPaidAmt0249681
IRS990/PYTotalExpensesAmt0602577
IRS990/PYTotalRevenueAmt0627702
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0497
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0642144
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01235
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Master the Possibilities, Inc. includes on its website and in its course catalog a notice of nondiscrimination policy.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Circle Sq Ranch Mstr Assn
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0See Part V
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0453411
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Prog Service Revenue
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0Two of the board members of Master the Possibilities, Inc. (MTP) are also board members of the Circle Square Ranch Master Association (Master Association). The Master Association is a Florida not for profit corporation and is an association of neighborhood associations which are also Florida not for profit corporations. The Board members for the Master Association are currently appointed by the developer of the original members of the Master Association. One MTP Board member has an indirect majority ownership in the developer. The Master Association collects monthly fees from its members (the neighborhood associations) which, to encourage participation in the MTP programs, it remits to MTP to provide discounted tuition rates to the individual members of the neighborhood associations for educational courses offered by MTP. This program service revenue does not benefit the Master Association, but rather benefits MTP, by enhancing registrations, and those individual members of the neighborhood associations who elect to take courses.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The following Officers and Directors were considered to have a business relationship:Kenneth D. ColenRobert L. ColenC. Guy WoolbrightBarbara Ortiz
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The form 990 is submitted to the Board of directors and is reviewed by the President and Assistant Secretary prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization monitors potential conflicts of interest to the organization by requiring annual disclosure of family and business relationships by each board member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of Directors reviews and approves executive director and top management compensation. Compensation is based on market analysis of similar not-for-profits in the region.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes its governing documents, conflict of interest policy and financial statements available to the public pursuant to Section 6104 of the Internal Revenue Code upon request made in person or in writing.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0182647
IRS990/TotalAssetsEOYAmt0164428
IRS990/TotalAssetsGrp/BOYAmt0182647
IRS990/TotalAssetsGrp/EOYAmt0164428
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt027076
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08640
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt083011
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0585559
IRS990/TotalFunctionalExpensesGrp/TotalAmt0677210
IRS990/TotalGrossUBIAmt07250
IRS990/TotalLiabilitiesBOYAmt053949
IRS990/TotalLiabilitiesEOYAmt035233
IRS990/TotalLiabilitiesGrp/BOYAmt053949
IRS990/TotalLiabilitiesGrp/EOYAmt035233
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0128698

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$164,428
Liabilities
$35,233
Net assets
$129,195
Revenue
$677,707
Expenses
$677,210
Net income
$497
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.14$1.97$1.63$1.11$0.52
2023Summary only. Only limited summary data is available for this year.$1.60$0.14$1.45$1.38$1.05$0.33
2022Summary only. Only limited summary data is available for this year.$1.23$0.10$1.13$1.12$0.81$0.31
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.08$0.81$1.02$0.72$0.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.12$0.51$0.75$0.68$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.09$0.43$1.05$0.78$0.27
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.08$0.16$0.79$0.75$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.16$0.04$0.13$0.68$0.68$0.00
2017Summary only. Only limited summary data is available for this year.$0.16$0.04$0.13$0.68$0.68$0.00
2016Summary only. Only limited summary data is available for this year.$0.18$0.05$0.13$0.63$0.60$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.10$0.48$0.44$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.07$0.07$0.08$0.01$0.07