BIPOC Homeownership

BIPOC Homeownership

Permanently affordable. Advancing BIPOC cooperatives In San Francisco.

Permanently affordable. Advancing BIPOC cooperatives In San Francisco.

Overview

Raised to Date: Raised: $149,400

Total Commitments ($USD)

Platform

Small Change

Start Date

08/31/2021

Close Date

03/31/2022

Min. Goal
$100,000
Max. Goal
$600,000
Min. Investment

$1,000

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/02/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$708

# of Investors

41

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2003

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

San Francisco, California

Business Type

Life Style

BIPOC Homeownership is raising funds on Small Change. San Francisco Community Land Trust is acquiring a project at 285 Turk Street with 40 units of affordable housing at the location. The company will acquire, rehabilitate, and manage the residential apartments and expects to generate high returns. BIPOC Homeownership is owned by the San San Francisco Community Land Trust. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $600,000. The campaign proceeds will be used for the acquisition, development, and rehabilitation of the project.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$2,015,667

$1,851,052

COGS

$2,403,914

$2,293,649

Tax

$0

$0

 

 

Net Income

$-388,247

$-442,597

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$344,722

$168,588

Accounts Receivable

$297,160

$172,281

Total Assets

$34,633,295

$34,341,470

Short-Term Debt

$415,243

$421,753

Long-Term Debt

$34,885,475

$34,382,656

Total Liabilities

$35,300,718

$34,804,409

Financials as of: 08/31/2021
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
BIPOC Homeownership on Small Change 2021
Platform: Small Change
Security Type: Debt

Follow company

Follow BIPOC Homeownership on Small Change 2021

Buy BIPOC Homeownership's Deal Report

Warning: according to the close date for this deal, BIPOC Homeownership may no longer be accepting investments.

BIPOC Homeownership Deal Report

Get KingsCrowd’s comprehensive report on BIPOC Homeownership including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether BIPOC Homeownership is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the BIPOC Homeownership deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge