Civic Intelligence

Master the Possibilities Inc.

990 • Fiscal year 2018 • EIN 46-2693153

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

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

80th percentile

0.33x

Higher debt load relative to assets than 80% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

67th percentile

0.10x

Higher debt load relative to revenue than 67% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

52nd percentile

4.2%

Higher net margin than 52% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

82nd percentile

$82,356

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

88th percentile

49%

Faster asset growth than 88% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

68th percentile

16%

Faster revenue growth than 68% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$244,330

Up $79,902 (+49%) from 2017

Net Assets

Up

$162,498

Up $33,303 (+26%) from 2017

Liabilities

Up

$81,832

Up $46,599 (+132%) from 2017

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin52nd percentile

Revenue

Up

$786,918

Up $109,211 (+16%) from 2017

Expenses

Up

$753,615

Up $76,405 (+11%) from 2017

Net Income

Up

$33,303

Up $32,806 (+6601%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth88th 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 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

2018

Assets$244,330
Liabilities$81,832
Net Assets$162,498
Open 2018 Filing

Operations Trend

Revenue Growth68th 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 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

2018

Revenue$786,918
Expenses$753,615
Net Income$33,303
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$786,918
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
Savings and Temporary Cash Investments$1,235$117,223▲ $115,988
Cash and Non-Interest-Bearing Accounts$94,521$99,997▲ $5,476
Pledges and Grants Receivable$15,369$14,560▼ $809
Prepaid Expenses and Deferred Charges$38,155$7,102▼ $31,053
Accounts Receivable$2,000$0▼ $2,000
Intangible Assets$8,983$1,283▼ $7,700
Total Assets$164,428$244,330▲ $79,902
Other Assets Total$4,165$4,165→ $0
Liabilities
Deferred Revenue$31,250$80,048▲ $48,798
Other Liabilities-$1,354-
Accounts Payable and Accrued Expenses$3,983$430▼ $3,553
Total Liabilities$35,233$81,832▲ $46,599
Net Assets / Fund Balance
Unrestricted Net Assets$129,195$162,498▲ $33,303
Total Net Assets Fund Balance$129,195$162,498▲ $33,303
Total Liabilities and Net Assets / Fund Balance$164,428$244,330▲ $79,902
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michelle ShidelerD. of EducationFT$68,654$13,702$82,356

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
$116,702
Program Service Revenue
$657,933
Investment Income
$83
Other Revenue
$12,200
All Other Contributions
$116,702
Change in Net Assets
$33,303
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$432,859
Salaries, Compensation, and Employee Benefits$320,756
Total Fundraising Expense$9,173
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$162,893$35,113$2,608$200,614
Current Officers, Directors, Trustees, and Key Employees$49,475$22,835$3,806$76,116
Payroll Taxes$28,033$7,526$816$36,375
Other Expenses$26,014$2,678-$28,692
All Other Expenses$23,422$5,174$61$28,657
Occupancy$24,731$1,364$108$26,203
Insurance$18,236$2,633-$20,869
Fees for Services Legal$2,087$7,305$1,044$10,436
Depreciation Depletion$7,700--$7,700
Other Employee Benefits$6,210$874$218$7,302
Office Expenses$5,827$647-$6,474
Advertising$5,918$100$95$6,113
Fees for Services Accounting$800$2,800$400$4,000
Travel$2,925--$2,925
Pension Plan Contributions$276$56$17$349
Total Functional Expenses$653,369$91,073$9,173$753,615
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 VProgram Service RevenueNo$434,332
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Section A, Line 2

“Line 2 explanation - the following officers and directors were considered to have a business relationship: kenneth d. Colen robert l. Colen c. Guy woolbright barbara ortiz”

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

“Line 11b explanation - 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, Section B, Line 12C

“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, Section B, Line 15A

“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, Section C, Line 19

“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
Phone
3528730848
Signed
2019-11-13
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
10
Volunteers
243

Preparer

Firm
Christopher Smith Leonard Etal
Address
101 E KENNEDY BLVD SUITE 1460, TAMPA, FL 33602
Preparer
Susan O Thompson
Phone
8134904490
Raw XML AppendixShowing 400 of 432 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03983
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0430
IRS990/AccountsReceivableGrp/BOYAmt02000
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
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/FundraisingAmt095
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0100
IRS990/AdvertisingGrp/ProgramServicesAmt05918
IRS990/AdvertisingGrp/TotalAmt06113
IRS990/AllOtherContributionsAmt0116702
IRS990/AllOtherExpensesGrp/FundraisingAmt061
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt05174
IRS990/AllOtherExpensesGrp/ProgramServicesAmt023422
IRS990/AllOtherExpensesGrp/TotalAmt028657
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BARBARA 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/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt094521
IRS990/CashNonInterestBearingGrp/EOYAmt099997
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt03806
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt022835
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt049475
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt076116
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0116702
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt083
IRS990/CYOtherExpensesAmt0432859
IRS990/CYOtherRevenueAmt012200
IRS990/CYProgramServiceRevenueAmt0657933
IRS990/CYRevenuesLessExpensesAmt033303
IRS990/CYSalariesCompEmpBnftPaidAmt0320756
IRS990/CYTotalExpensesAmt0753615
IRS990/CYTotalFundraisingExpenseAmt09173
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0786918
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt031250
IRS990/DeferredRevenueGrp/EOYAmt080048
IRS990/DelegationOfMgmtDutiesInd00
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/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0653369
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/FundraisingAmt0400
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02800
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0800
IRS990/FeesForServicesAccountingGrp/TotalAmt04000
IRS990/FeesForServicesLegalGrp/FundraisingAmt01044
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt07305
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt02087
IRS990/FeesForServicesLegalGrp/TotalAmt010436
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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/OtherCompensationAmt813702
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/PersonNm8MICHELLE SHIDELER
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/ReportableCompFromOrgAmt868654
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/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0786918
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02633
IRS990/InsuranceGrp/ProgramServicesAmt018236
IRS990/InsuranceGrp/TotalAmt020869
IRS990/IntangibleAssetsGrp/BOYAmt08983
IRS990/IntangibleAssetsGrp/EOYAmt01283
IRS990/InvestmentIncomeGrp/ExclusionAmt083
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt083
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt055
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MASTER THE POSSIBILITIES OPERATES A FORMAL EDUCATION PROGRAM FOR SENIOR ADULTS (ALSO KNOWN AS CONTINUING EDUCATION, ADULT EDUCATION AND LIFELONG LEARNING PROGRAMS).
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0129195
IRS990/NetAssetsOrFundBalancesEOYAmt0162498
IRS990/NetUnrelatedBusTxblIncmAmt011200
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0108
IRS990/OccupancyGrp/ManagementAndGeneralAmt01364
IRS990/OccupancyGrp/ProgramServicesAmt024731
IRS990/OccupancyGrp/TotalAmt026203
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0647
IRS990/OfficeExpensesGrp/ProgramServicesAmt05827
IRS990/OfficeExpensesGrp/TotalAmt06474
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04165
IRS990/OtherAssetsTotalGrp/EOYAmt04165
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0218
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0874
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06210
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07302
IRS990/OtherExpensesGrp/Desc0INSTRUCTOR FEES/SUPPLIE
IRS990/OtherExpensesGrp/Desc1PRINTING AND PUBLICATIO
IRS990/OtherExpensesGrp/Desc2BUILDING CLEANING &MAIN
IRS990/OtherExpensesGrp/Desc3COMPUTER MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0536
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11432
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22678
IRS990/OtherExpensesGrp/ProgramServicesAmt0174508
IRS990/OtherExpensesGrp/ProgramServicesAmt177408
IRS990/OtherExpensesGrp/ProgramServicesAmt236906
IRS990/OtherExpensesGrp/ProgramServicesAmt326014
IRS990/OtherExpensesGrp/TotalAmt0174508
IRS990/OtherExpensesGrp/TotalAmt177944
IRS990/OtherExpensesGrp/TotalAmt238338
IRS990/OtherExpensesGrp/TotalAmt328692
IRS990/OtherLiabilitiesGrp/EOYAmt01354
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/Desc0ADVERTISING INCOME
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012200
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt012200
IRS990/OtherRevenueTotalAmt012200
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02608
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt035113
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0162893
IRS990/OtherSalariesAndWagesGrp/TotalAmt0200614
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0816
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07526
IRS990/PayrollTaxesGrp/ProgramServicesAmt028033
IRS990/PayrollTaxesGrp/TotalAmt036375
IRS990/PensionPlanContributionsGrp/FundraisingAmt017
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt056
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0276
IRS990/PensionPlanContributionsGrp/TotalAmt0349
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt015369
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt014560
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038155
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07102
IRS990/PrincipalOfficerNm0KENNETH D COLEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0COURSE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0657933
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0657933
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt027076
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01237
IRS990/PYOtherExpensesAmt0363481
IRS990/PYOtherRevenueAmt07250
IRS990/PYProgramServiceRevenueAmt0642144
IRS990/PYRevenuesLessExpensesAmt0497
IRS990/PYSalariesCompEmpBnftPaidAmt0313729
IRS990/PYTotalExpensesAmt0677210
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0677707
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt033303
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0657933
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01235
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0117223
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt01354
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt01354
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0MASTER THE POSSIBILITIES, INC. INCLUDES ON ITS WEBSITE AND IN ITS COURSE CATALOG A NOTICE OF NONDISCRIMINATION POLICY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0CIRCLE SQUARE RANCH MASTER ASSOCIATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SEE PART V
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0434332
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PROGRAM 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 IV, LINE 1
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 2 EXPLANATION - THE FOLLOWING OFFICERS AND DIRECTORS WERE CONSIDERED TO HAVE A BUSINESS RELATIONSHIP: KENNETH D. COLEN ROBERT L. COLEN C. GUY WOOLBRIGHT BARBARA ORTIZ
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 11B EXPLANATION - 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.
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, SECTION A, LINE 2
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 B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0164428
IRS990/TotalAssetsEOYAmt0244330
IRS990/TotalAssetsGrp/BOYAmt0164428
IRS990/TotalAssetsGrp/EOYAmt0244330
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0116702
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09173
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt091073
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0653369
IRS990/TotalFunctionalExpensesGrp/TotalAmt0753615
IRS990/TotalGrossUBIAmt012200
IRS990/TotalLiabilitiesBOYAmt035233
IRS990/TotalLiabilitiesEOYAmt081832
IRS990/TotalLiabilitiesGrp/BOYAmt035233
IRS990/TotalLiabilitiesGrp/EOYAmt081832
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0129195
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0162498
IRS990/TotalOtherCompensationAmt013702
IRS990/TotalProgramServiceExpensesAmt0653369
IRS990/TotalProgramServiceRevenueAmt0657933
IRS990/TotalReportableCompFromOrgAmt068654
IRS990/TotalRevenueGrp/ExclusionAmt083
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0657933
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0786918
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt012200
IRS990/TotalVolunteersCnt0243
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0164428
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0244330
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt02925
IRS990/TravelGrp/TotalAmt02925
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0129195
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0162498
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08435 SW 80TH STREET SUITE 2
IRS990/USAddress/CityNm0OCALA
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034481
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.MASTERTHEPOSSIBILITIES.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$244,330
Liabilities
$81,832
Net assets
$162,498
Revenue
$786,918
Expenses
$753,615
Net income
$33,303
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
2018Detailed filing. Detailed filing data is available for this year.$0.24$0.08$0.16$0.79$0.75$0.03
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