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THE ACADEMY AT OCEAN REEF, INC. - Florida Company Profile

Company Details

Entity Name: THE ACADEMY AT OCEAN REEF, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Non-Profit
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: 26 Sep 1989 (35 years ago)
Last Event: REINSTATEMENT
Event Date Filed: 11 Oct 2021 (3 years ago)
Document Number: N34348
FEI/EIN Number 650146241

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

Address: 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 33037-5125, US
Mail Address: 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 33037-5125, US
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
ACADEMY AT OCEAN REEF DEFINED CONTRIBUTION RETIREMENT PLAN 2023 650146241 2024-07-31 THE ACADEMY AT OCEAN REEF, INC. 32
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 611000
Sponsor’s telephone number 3053672409
Plan sponsor’s mailing address 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 330370000
Plan sponsor’s address 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 330370000

Number of participants as of the end of the plan year

Active participants 7
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 22
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 29

Signature of

Role Plan administrator
Date 2024-05-31
Name of individual signing JEROME MURPHY
Valid signature Filed with authorized/valid electronic signature
ACADEMY AT OCEAN REEF DEFINED CONTRIBUTION RETIREMENT PLAN 2022 650146241 2023-06-27 THE ACADEMY AT OCEAN REEF, INC. 32
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 611000
Sponsor’s telephone number 3053672409
Plan sponsor’s mailing address 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 330370000
Plan sponsor’s address 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 330370000

Number of participants as of the end of the plan year

Active participants 9
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 23
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 31
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2023-06-13
Name of individual signing JEROME MURPHY
Valid signature Filed with authorized/valid electronic signature
ACADEMY AT OCEAN REEF DEFINED CONTRIBUTION RETIREMENT PLAN 2021 650146241 2022-08-22 THE ACADEMY AT OCEAN REEF, INC. 32
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 611000
Sponsor’s telephone number 3053672409
Plan sponsor’s mailing address 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 330370000
Plan sponsor’s address 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 330370000

Number of participants as of the end of the plan year

Active participants 9
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 23
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 32
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2022-06-01
Name of individual signing JEROME MURPHY
Valid signature Filed with authorized/valid electronic signature
ACADEMY AT OCEAN REEF DEFINED CONTRIBUTION RETIREMENT PLAN 2020 650146241 2021-07-27 THE ACADEMY AT OCEAN REEF, INC. 31
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 611000
Sponsor’s telephone number 3053672409
Plan sponsor’s mailing address 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 330370000
Plan sponsor’s address 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 330370000

Number of participants as of the end of the plan year

Active participants 10
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 22
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 32
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2021-07-27
Name of individual signing JEROME MURPHY
Valid signature Filed with authorized/valid electronic signature
ACADEMY AT OCEAN REEF DEFINED CONTRIBUTION RETIREMENT PLAN 2019 650146241 2020-09-01 THE ACADEMY AT OCEAN REEF, INC. 30
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 611000
Sponsor’s telephone number 3053672409
Plan sponsor’s mailing address 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 330370000
Plan sponsor’s address 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 330370000

Number of participants as of the end of the plan year

Active participants 8
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 23
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 31
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2020-08-25
Name of individual signing JEROME MURPHY
Valid signature Filed with authorized/valid electronic signature
ACADEMY AT OCEAN REEF DEFINED CONTRIBUTION RETIREMENT PLAN 2018 650146241 2019-09-06 THE ACADEMY AT OCEAN REEF, INC. 30
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 611000
Sponsor’s telephone number 3053672409
Plan sponsor’s mailing address 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 330370000
Plan sponsor’s address 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 330370000

Number of participants as of the end of the plan year

Active participants 14
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 16
Number of participants with account balances as of the end of the plan year 30
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2019-08-28
Name of individual signing JEROME MURPHY
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
POST RUSSELL President 6 MAHOGANY LANE, KEY LARGO, FL, 330375110
POST RUSSELL Se 6 MAHOGANY LANE, KEY LARGO, FL, 330375110
Murphy Jerome Head 7 Ocean Reef Drive, Key Largo, FL, 33037
Murphy Jerome Agent 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 330375125

Events

Event Type Filed Date Value Description
REINSTATEMENT 2021-10-11 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2021-09-24 - -
REGISTERED AGENT NAME CHANGED 2020-03-02 Murphy, Jerome -
REINSTATEMENT 2011-01-28 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2010-09-24 - -
REGISTERED AGENT ADDRESS CHANGED 2007-04-17 395 SOUTH HARBOR DRIVE, KEY LARGO, FL 33037-5125 -
CHANGE OF PRINCIPAL ADDRESS 2007-04-17 395 SOUTH HARBOR DRIVE, KEY LARGO, FL 33037-5125 -
CHANGE OF MAILING ADDRESS 2007-04-17 395 SOUTH HARBOR DRIVE, KEY LARGO, FL 33037-5125 -
REINSTATEMENT 2004-10-29 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2004-10-01 - -

Documents

Name Date
ANNUAL REPORT 2024-04-25
AMENDED ANNUAL REPORT 2023-04-14
ANNUAL REPORT 2023-03-13
ANNUAL REPORT 2022-04-25
REINSTATEMENT 2021-10-11
ANNUAL REPORT 2020-03-02
ANNUAL REPORT 2019-02-13
ANNUAL REPORT 2018-03-28
ANNUAL REPORT 2017-03-09
ANNUAL REPORT 2016-03-17

Tax Exempt

EIN Type of Organization Exempt Organization Status Address Ruling Date
65-0146241 Corporation Unconditional Exemption 395 S HARBOR DR, KEY LARGO, FL, 33037-5125 1991-03
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 2024-07
Asset 1,000,000 to 4,999,999
Income 1,000,000 to 4,999,999
Filing Requirement 990 (all other) or 990EZ return
PF Filing Requirement No 990-PF return
Accounting Period Jul
Asset Amount 3123151
Income Amount 2882804
Form 990 Revenue Amount 2882804
National Taxonomy of Exempt Entities -
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)

Copies of Returns (990, 990-EZ, 990-PF, 990-T)

Organization Name ACADEMY AT OCEAN REEF INC
EIN 65-0146241
Tax Period 202107
Filing Type E
Return Type 990
File View File
Organization Name ACADEMY AT OCEAN REEF INC
EIN 65-0146241
Tax Period 201907
Filing Type E
Return Type 990
File View File
Organization Name ACADEMY AT OCEAN REEF INC
EIN 65-0146241
Tax Period 201807
Filing Type E
Return Type 990
File View File
Organization Name ACADEMY AT OCEAN REEF INC
EIN 65-0146241
Tax Period 201607
Filing Type E
Return Type 990
File View File

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3930658705 2021-03-31 0455 PPS 395 S Harbor Dr, Key Largo, FL, 33037-5125
Loan Status Date 2021-11-16
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 212585
Loan Approval Amount (current) 212585
Undisbursed Amount 0
Franchise Name -
Lender Location ID 67422
Servicing Lender Name First Horizon Bank
Servicing Lender Address 165 Madison Ave, MEMPHIS, TN, 38103-2723
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Key Largo, MONROE, FL, 33037-5125
Project Congressional District FL-28
Number of Employees 30
NAICS code 611110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Non-Profit Organization
Originating Lender ID 67422
Originating Lender Name First Horizon Bank
Originating Lender Address MEMPHIS, TN
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 213771.93
Forgiveness Paid Date 2021-10-27
3803867100 2020-04-12 0455 PPP 395 SOUTH HARBOR DRIVE, KEY LARGO, FL, 33037-5125
Loan Status Date 2021-09-29
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 177600
Loan Approval Amount (current) 177600
Undisbursed Amount 0
Franchise Name -
Lender Location ID 67422
Servicing Lender Name First Horizon Bank
Servicing Lender Address 165 Madison Ave, MEMPHIS, TN, 38103-2723
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address KEY LARGO, MONROE, FL, 33037-5125
Project Congressional District FL-28
Number of Employees 18
NAICS code 611110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Non-Profit Organization
Originating Lender ID 78586
Originating Lender Name IberiaBank, A Division of First Horizon Bank
Originating Lender Address Lafayette, LA
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 179982.8
Forgiveness Paid Date 2021-08-19

Date of last update: 02 Mar 2025

Sources: Florida Department of State