2025-12-19T12:00:38-08:00 2024-12-31 592142260 CS&L CPAS 101 E KENNEDY BOULEVARD SUITE 1460 TAMPA FL 33602 990 2024-01-01 462693153 Master The Possibilities Inc MAST 3528730848 8435 SW 80th Street 2 Ocala FL 34481 Kenneth D Colen President 2025-11-17 true true Susan O Thompson P00276728 8134904490 2024 2025-03-06 01:10:19Z Kenneth D Colen 8435 SW 80th Street 2 Ocala FL 34481 2436974 false X www.masterthepossibilities.com X 2013 FL Master the Possibilities operates a formal education program for senior adults (also known as continuing education, adult education and lifelong learning programs). 6 4 9 181 7600 6600 846620 1016008 479634 526998 43257 77257 7600 7600 1377111 1627863 0 0 597071 620857 0 6698 450835 491829 1047906 1112686 329205 515177 1595107 2105250 140505 135471 1454602 1969779 Master the Possibilities operates a formal education program for senior adults (also known as continuing education, adult education and lifelong learning programs). false false 885340 526998 Master the Possibilities operates a formal education program for senior adults (also known as continuing education, adult education and lifelong learning programs). 885340 true true false false false false false false false false false true false false false false false false true false false false false false false false false false false false false false false false false false false true false false false false false false false false false true 51 0 false 9 true true true false false false false false false 0 false false false false false false false X 6 4 true false false false false false false true true false false true true true true true true true false false X Krystel Torres 3528730848 8435 SW 80th Street Suite 2 Ocala FL 34481 Krystel Torres Comptroller 40.00 0.00 X 131791 0 11365 Michelle Shideler D. of Education 40.00 0.00 X 65334 0 26546 Kenneth D Colen President 2.00 0.00 X X 0 0 0 Robert L Colen Secretary 1.00 0.00 X X 0 0 0 C Guy Woolbright Treasurer 1.00 0.00 X X 0 0 0 Frank DiPiero Director 1.00 0.00 X 0 0 0 Solon F O'Neal Jr Director 1.00 0.00 X 0 0 0 Stephen J Albright Jr Director 1.00 0.00 X 0 0 0 197125 37911 1 false false false CoAdvantage 3350 Buschwood Dr 200 Tampa FL 33618 Leased Employees 550047 1 1016008 1016008 Course Income 611710 526998 526998 526998 71282 71282 0 0 0 815086 809111 5975 5975 5975 0 0 0 Advertising Income 541800 7600 7600 7600 1627863 526998 7600 77257 0 0 0 0 235036 131300 99142 4594 0 277618 227634 49984 3740 2953 787 40594 31560 9034 63869 45293 18096 480 0 5513 1654 3859 12140 2428 8498 1214 0 0 0 0 2065 1962 103 5166 3099 2067 0 0 36584 33198 3284 102 4805 4805 0 0 0 0 0 51379 49605 1774 Instructor Fees/ Supplies 247709 246065 1644 Computer Maintenance 39558 36701 2857 Building Maintenance 33244 30756 2488 Printing and Publications 21009 21009 32657 20123 12226 308 1112686 885340 220648 6698 143576 94763 10460 10686 10515 9707 0 0 0 0 0 17799 16098 0 1374141 1506740 34451 463091 0 0 4165 4165 1595107 2105250 1240 3549 139265 131922 140505 135471 X 1454602 1969779 1454602 1969779 1595107 2105250 515177 X false false false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 463091 true true true true true true true false false false false false false false false false false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Master the Possibilities, Inc. includes on its website and in its course catalog a notice of nondiscrimination policy. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race Circle Sq Ranch Master As See Part V 160785 Program Service Revenue false Schedule L, Part V Supplemental Information Sch L, Part IV, Business Transactions involving interested persons:(A) Name of Person: Circle Square Ranch Master AssociationSchedule L, Part IV, Line 1Two 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 coursed offered by MTP. This program service revenue does not benefit the master association, but rather benefits MTP, by enhancing registration, and those individual members of the neighborhood associations who elect to take courses. Form 990, Part VI, Section A, Line 2 The following Officers and Directors were considered to have a business relationship:Kenneth D. ColenRobert L. ColenC. Guy Woolbright Form 990, Part VI, Section B, Line 11b The Form 990 is submitted to the Board of Directors and is reviewed by the president and comptroller 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 Compensation is reviewed and approved by the President and Treasurer on an annual basis. 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. Statement Note 1 EXPLANATION FOR LATE RE-SUBMISSIONThe 2024 Form 990 was timely filed with the IRS on 11/17/2025. After filing, the return was rejected as the IRS records had inadvertently been updated to reflect the entity as a C Corporation due to an incorrectly filed 2022 Form 1120 under the entity EIN. This has subsequently been corrected. After discussing this issue with the IRS, they advised that the return should be re-submitted electronically for IRS processing. We have been working with IRS E-Services since November 17, 2025 to resolve the issue and were only able to get this corrected today (December 19, 2025). Taxpayer has retained verification of original timely submission and requests that this re-submitted return be treated as timely filed.