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THE DREAM ACADEMY INC. - Florida Company Profile

Company Details

Entity Name: THE DREAM ACADEMY INC.
Jurisdiction: FLORIDA
Filing Type: Florida Not For Profit Corporation

THE DREAM ACADEMY INC. is structured as a Florida Not-For-Profit Corporation, an entity formed for purposes other than generating profit for its members, directors, or officers. These corporations are typically organized for charitable, educational, religious, scientific, or literary purposes and are often eligible for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code.
In Florida, Not-For-Profit Corporations are governed by Title XXXVI, Chapter 617, Florida Statutes – Florida Not For Profit Corporation Act.

Status: Active

The business entity is active. This status indicates that the business is currently operating and compliant with state regulations, suggesting a lower risk profile for lenders and potentially better creditworthiness.

Date Filed: 09 May 2016 (9 years ago)
Last Event: AMENDMENT
Event Date Filed: 29 Oct 2024 (4 months ago)
Document Number: N16000004779
FEI/EIN Number 32-0496474

Federal Employer Identification (FEI) Number assigned by the IRS.

Address: 2400 SOUTH HIGHWAY 27, STE 4111, CLERMONT, FL 34711
Mail Address: 2400 SOUTH HIGHWAY 27, STE 4111, CLERMONT, FL 34711
ZIP code: 34711
County: Lake
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
GARCIA , LUZEL Agent 2400 SOUTH HIGHWAY 27, STE 4111, CLERMONT, FL 34711
GARCIA , LUZEL President 2400 SOUTH HIGHWAY 27, STE 4111 CLERMONT, FL 34711

Events

Event Type Filed Date Value Description
AMENDMENT 2024-10-29 - -
REGISTERED AGENT NAME CHANGED 2018-01-02 GARCIA , LUZEL -
CHANGE OF PRINCIPAL ADDRESS 2017-03-27 2400 SOUTH HIGHWAY 27, STE 4111, CLERMONT, FL 34711 -
CHANGE OF MAILING ADDRESS 2017-03-27 2400 SOUTH HIGHWAY 27, STE 4111, CLERMONT, FL 34711 -
REGISTERED AGENT ADDRESS CHANGED 2017-03-27 2400 SOUTH HIGHWAY 27, STE 4111, CLERMONT, FL 34711 -

Documents

Name Date
ANNUAL REPORT 2025-01-10
Amendment 2024-10-29
ANNUAL REPORT 2024-02-21
ANNUAL REPORT 2023-02-15
ANNUAL REPORT 2022-01-24
ANNUAL REPORT 2021-01-29
ANNUAL REPORT 2020-04-20
ANNUAL REPORT 2019-02-21
ANNUAL REPORT 2018-01-02
ANNUAL REPORT 2017-03-27

Tax Exempt

EIN Type of Organization Exempt Organization Status Address Ruling Date
32-0496474 Corporation Unconditional Exemption 2400 S HWY 27 STE 4111, CLERMONT, FL, 34711-6818 2024-10
In Care of Name -
Group Exemption Number 0000
Subsection Charitable Organization, Educational Organization, Literary Organization, Organization to Prevent Cruelty to Animals, Organization to Prevent Cruelty to Children, Organization for Public Safety Testing, Religious Organization, Scientific Organization
Affiliation Independent - This code is used if the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Classification Educational Organization, Local Association of Employees, Horticultural Organization, Business League, Voluntary Employees' Beneficiary Association (Govt. Emps.), Mutual Ditch or Irrigation Co., Cemetery Company, Other Mutual Corp. or Assoc.
Deductibility Contributions are deductible.
Foundation School 170(b)(1)(A)(ii)
Tax Period -
Asset 0
Income 0
Filing Requirement 990 (all other) or 990EZ return
PF Filing Requirement No 990-PF return
Accounting Period Dec
Asset Amount -
Income Amount -
Form 990 Revenue Amount -
National Taxonomy of Exempt Entities Human Services: Developmentally Disabled Centers
Sort Name -

Publication 78 Data

Description Organizations eligible to receive tax-deductible charitable contributions. Users may rely on this list in determining deductibility of their contributions.
On Publication 78 Data List Yes
Deductibility Type of organization and use of contribution: A public charity. Deductibility Limitation: 50% (60% for cash contributions)

Auto-Revocation List

Description Organizations whose federal tax exempt status was automatically revoked for not filing a Form 990-series return or notice for three consecutive years. Important note: Just because an organization appears on this list, it does not mean the organization is currently revoked, as they may have been reinstated.
Exemption Type 501(c)(3): Religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition, or prevention of cruelty to children or animals organizations
Revocation Date 2019-05-15
Revocation Posting Date 2019-08-12
Exemption Reinstatement Date 2019-05-15

Determination Letter

Final Letter(s) FinalLetter_32-0496474_THEDREAMACADEMYINC_12182016.tif
FinalLetter_32-0496474_THEDREAMACADEMYINC_04252024_00.pdf

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8263277210 2020-04-28 0491 PPP 2400 S HWY 27 SUITE 4111, CLERMONT, FL, 34711
Loan Status Date 2021-05-07
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 36000
Loan Approval Amount (current) 36000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 17616
Servicing Lender Name Seacoast National Bank
Servicing Lender Address 815 Colorado Ave, STUART, FL, 34994-3053
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address CLERMONT, LAKE, FL, 34711-0001
Project Congressional District FL-11
Number of Employees 7
NAICS code 611110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type 501(c)3 � Non Profit
Originating Lender ID 17616
Originating Lender Name Seacoast National Bank
Originating Lender Address STUART, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 36341.26
Forgiveness Paid Date 2021-04-19
3605208303 2021-01-22 0491 PPS 2400 S Highway 27 Ste 4111, Clermont, FL, 34711-6818
Loan Status Date 2021-09-15
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 47560
Loan Approval Amount (current) 47560
Undisbursed Amount 0
Franchise Name -
Lender Location ID 17616
Servicing Lender Name Seacoast National Bank
Servicing Lender Address 815 Colorado Ave, STUART, FL, 34994-3053
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Clermont, LAKE, FL, 34711-6818
Project Congressional District FL-11
Number of Employees 8
NAICS code 611110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type 501(c)3 � Non Profit
Originating Lender ID 17616
Originating Lender Name Seacoast National Bank
Originating Lender Address STUART, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 47804.97
Forgiveness Paid Date 2021-08-03

Date of last update: 19 Feb 2025

Sources: Florida Department of State