Overview
What is Master The Possibilities Inc?
Master The Possibilities Inc, based in Ocala, Florida, serves as a dedicated platform for senior adults' education. With a team of 10 dedicated individuals, they provide a formal education program, often referred to as continuing education, adult education, or lifelong learning programs. This organization's primary focus is on promoting learning and personal growth among senior adults, contributing to their overall well-being and personal development. The specific activities and programs offered by Master The Possibilities Inc are not explicitly mentioned in the provided information, but it can be inferred that they provide an enriching educational experience for senior adults in their community.
Official website here: www.masterthepossibilities.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Master The Possibilities Inc has achieved a solid Three-Star rating, indicating a commendable level of accountability and financial health. With a score of 81%, the organization demonstrates its commitment to transparency, as evidenced by the absence of material asset diversion and strong governance practices, including independent board oversight and comprehensive policy listings.
The organization scores highly in various key areas, such as having a majority of independent board members and a favorable liabilities to assets ratio. Additionally, a program expense ratio of 83.41% highlights that a significant portion of expenditures goes directly toward fulfilling its mission. These strengths reflect a well-managed nonprofit that prioritizes its programs.
While the rating indicates overall strength, potential donors may want to consider that the assessment is based solely on accountability and finance. There is no evaluation of other factors such as program impact or community feedback, which could provide a more complete picture of the organization’s effectiveness and reach.
This AI summary has been generated from information found on Charity Navigator.
Is Master The Possibilities Inc legitimate?
Master The Possibilities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Master The Possibilities Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $102,307
Professional Fundraising Fees: $0
Other Salaries and Wages: $251,701
For more financial information, click here
Official website here: www.masterthepossibilities.com
What is the mission statement of Master The Possibilities Inc?
Master The Possibilities Inc. is committed to providing a formal education program for senior adults, often referred to as continuing education, adult education, or lifelong learning programs. Their mission is to foster learning and personal growth among this demographic, offering them opportunities to expand their knowledge and skills throughout their lives. This organization aims to create an engaging and enriching educational environment that caters specifically to the needs and interests of senior adults. By doing so, Master The Possibilities Inc. contributes to the continued intellectual and social development of its participants, promoting active and vibrant aging.
Official website here: www.masterthepossibilities.com
Who is the CEO of Master The Possibilities Inc?
Kenneth D Colen is the D. Of Education of Master The Possibilities Inc.
Official website here: www.masterthepossibilities.com
What is the revenue of Master The Possibilities Inc?
Master The Possibilities Inc's revenue in 2021 was $1,015,552.
Official website here: www.masterthepossibilities.com
Who are the executives of Master The Possibilities Inc and what are their salaries?
The average compensation at Master The Possibilities Inc during 2021 was $35,401. There are 10 employees and 152 volunteers at Master The Possibilities Inc.
Here are 9 key members and their salaries:
- Compensation: $79,610
- Related: $0
- Other: $22,697
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.masterthepossibilities.com
Where can I find the form 990 for Master The Possibilities Inc?
Master The Possibilities Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.masterthepossibilities.com
Learn more at the official website: www.masterthepossibilities.com
Mission Statement of Master The Possibilities Inc
Master The Possibilities Inc is dedicated to providing a formal education program for senior adults. This commitment extends beyond the traditional classroom setting, encompassing continuing education, adult education, and lifelong learning programs. The organization's mission is to offer these opportunities, fostering personal growth and intellectual development among senior adults. By doing so, Master The Possibilities Inc contributes to the enrichment of these individuals, enabling them to continue learning and engaging with their communities in a meaningful way.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Master The Possibilities Inc plays a critical role in providing formal education programs for senior adults in Ocala, Florida. By offering continuing education, adult education, and lifelong learning programs, the organization empowers senior citizens to expand their knowledge and skills. This impact extends beyond mere education, as it also fosters a sense of community and fulfillment among seniors, enhancing their quality of life and overall well-being. Through its educational initiatives, Master The Possibilities Inc is instrumental in promoting lifelong learning and personal growth among older adults in its community.
This information is meant to be a general summary of Master The Possibilities Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $37,224
- Program Service Revenue: $311,745
- Gross Receipts: $1,552,944
Assets and Liabilities:
- Total Assets: $895,097
- Total Liabilities: $84,564
- Net Assets: $810,533
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Course Income
Revenue
$311,745
Organization Details
Founding Year
2013
Phone
(352) 873-0848Principal Officer
Kenneth D Colen
Main Address
8435 SW 80th Street 2, Ocala, FL, 34481
NTEE Category
Code: B60 - Education
If you are a representative of Master The Possibilities Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.