Cherry Valley Organics

Cherry Valley Organics

USDA-certified organic farm

USDA-certified organic farm

Overview

Raised to Date: Raised: $36,372

Total Commitments ($USD)

Platform

Honeycomb

Start Date

05/09/2021

Close Date

06/29/2021

Min. Goal
$30,000
Max. Goal
$90,000
Min. Investment

$100

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/03/2021

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

$727

# of Investors

53

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

2005

Industry

Farming & Agriculture

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Burgettstown, Pennsylvania

Business Type

Life Style

Cherry Valley Organics, an organic farm in Pennsylvania, is raising crowdfunding on Honeycomb. The farm produces diverse agricultural products, including herbs, cut flowers, vegetables, and potted plants. It supports organic growing, minimizing of carbon footprint, and positive ecological impact. Jodi Danyo founded Cherry Valley Organics in 2001. The current crowdfunding round has a minimum target of $30,000 and a maximum target of $90,000, and the funds will be used towards a herb drying building, utility vehicle, and debt refinancing. Cherry Valley Organics is one of the oldest USDA-certified organic farms in Southwestern PA. It also turns its produce into products like herbal teas, herb-infused vinegars, and dried vegetables and herbs.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$433,375

$189,192

COGS

$112,071

$75,285

Tax

$0

$0

 

 

Net Income

$-81,756

$-118,303

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$24,561

$5,846

Accounts Receivable

$0

$0

Total Assets

$89,533

$56,346

Short-Term Debt

$97,201

$95,318

Long-Term Debt

$350,164

$290,902

Total Liabilities

$447,365

$386,220

Financials as of: 05/09/2021
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
Cherry Valley Organics on Honeycomb
Platform: Honeycomb
Security Type: Debt

Follow company

Follow Cherry Valley Organics on Honeycomb

Buy Cherry Valley Organics's Deal Report

Warning: according to the close date for this deal, Cherry Valley Organics may no longer be accepting investments.

Cherry Valley Organics Deal Report

Get KingsCrowd’s comprehensive report on Cherry Valley Organics including:

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

Buy the Cherry Valley Organics deal report for only $10!

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