2025-11-10T13:38:54-05:00 2023-12-31 582356893 HAINES & KNOX LLC 1549 LAKE HOLCOMB LANE MARIETTA GA 30062 990 2023-01-01 474637792 THE GENESIS REEF PROJECT INC GENE 7705003241 PO BOX 3811 SARASOTA FL 34230 GEORGE FRANKEL DIRECTOR/PRESIDENT 7705003241 2025-11-10 true true TERESA L KNOX CPA P00019956 7705003241 2025-11-10 2023 2025-03-06 01:10:19Z ETERNAL REEFS GEORGE FRANKEL PO BOX 3811 SARASOTA FL 34230 1564233 false X WWW.ETERNALREEFS.COM X 2015 FL MARINE ENVIRONMENT DEVELOPMENT AND PRESERVATION 3 2 5 70 -76712 0 1085275 1228503 -80430 111154 -80209 -76712 924636 1262945 0 0 206030 185424 0 49305 703601 735314 909631 920738 15005 342207 787082 1151445 69825 80811 717257 1070634 X MARINE ENVIRONMENT DEVELOPMENT AND PRESERVATION false false 789181 1228503 DEPLOYMENT OF REEF BALLS FOR THE DEVELOPMENT OF ARTIFICIAL REEFS. 12366 DEPLOYMENT OF REEF BALLS FOR THE DEVELOPMENT OF ARTIFICIAL REEFS. 12366 801547 true false false false false false false false false false true 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 true false false false false false true false false false true 12 0 true 5 true false false false false true true false false false false false false false false false X 3 2 false false false false false true false true true false false false false false false false false false X GEORGE FRANKEL 7705003241 PO BOX 3811 SARASOTA FL 34230 X GEORGE FRANKEL DIRECTOR/PRE 40.00 1.00 X X 0 0 0 LAWRENCE DANIEL BEGGS DIRECTOR 1.00 X 0 0 0 JOSEPH PATRICK WEATHERBY DIRECTOR 1.00 X 0 0 0 false false false REEF BALL DEPLOYMENTS 1228503 1228503 1228503 117994 117994 119161 8197 134198 -15037 8197 -6840 -6840 90378 167090 -76712 -76712 1262945 1339657 -76712 172241 172241 216 216 12967 12967 1411 1411 25740 25740 62195 62195 45360 45360 70176 70176 5761 5761 38634 19317 19317 20621 15466 5155 18869 18869 12502 12502 DEPLOYMENT EXPENSES 367586 367586 LICENSING FEE 65521 65521 OTHER 3945 3945 LESS DIRECT INVENTORY COS -3007 -3007 920738 801547 69886 49305 142256 49283 139521 155526 2800 3200 50998 13099 30598 37899 471907 904900 637 787082 1151445 11000 69825 69811 69825 80811 X -214371 -201814 931628 1272448 717257 1070634 787082 1151445 X 342207 11170 X false false X 37866 37866 614092 639235 1222074 1085275 1228503 4789179 614092 677101 1222074 1085275 1228503 4827045 4827045 214 56 5069 6924 9581 21844 214 56 5069 6924 9581 21844 410 30775 -81602 109755 59338 614306 677567 1257918 1010597 1347839 4908227 0.98350 0.00000 0.00000 X PART III, LINE 12 UNREALIZED GAIN/(LOSS) OF STOCK 26,719 PPP FORGIVENESS 32,619 50998 13099 37899 37899 LICENSE FEE PAYABLE 64238 CREDIT CARD PAYABLE 5573 69811 GEORGE FRANKEL DIRECTOR AUTO FINANCE X 15000 11000 false true true 11000 ETERNAL REEFS INC 100% CONTROLLED 65521 IP LICENSING FEE true REEF INNOVATIONS INC 100% CONTROLLED 193277 REEF BALL PURCHASES false SCHEDULE L, PART V ETERNAL REEFS, INC. IS AN ENTITY 100% OWNED BY GEORGE FRANKEL, AN OFFICER AND DIRECTOR OF GENESIS REEF PROJECT, INC. MR. FRANKEL HAS OVER 25 YEARS EXPERIENCE IN ARTIFICIAL REEF BUILDING, DESIGN AND DEVELOPMENT. REEFS INNOVATIONS, INC. IS AN ENTITY 100% OWNED BY LAWRENCE D. BEGGS, A DIRECTOR FOR GENESIS REEF PROJECT, INC. MR. BEGGS HAS OVER 32 YEARS EXPERIENCE IN REEF BALL DESIGN, MANUFACTURING AND DEPLOYMENT. FORM 990, PAGE 2, PART III, LINE 4D DEPLOYMENT OF REEF BALLS FOR THE DEVELOPMENT OF ARTIFICIAL REEFS. FORM 990, PAGE 6, PART VI, LINE 7A DIRECTORS HAVE POWER TO ELECT NEW/ADDITIONAL MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B PRESIDENT/DIRECTOR REVIEWS WITH OUTSIDE CPA FIRM. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 BOOK / TAX DEPRECIATION DIFFERENCE 11,170 ERI PO BOX 3811 SARASOTA FL 34236 582450162 LEASING FL N/A false REEF INNOVATIONS INC 2415 MCMICHAEL ROAD ST CLOUD FL 34771 593328645 MANUFACTUR FL N/A false false false false false false false false false false false false false false false false false false false false