Compass Recovery
Substance Abuse Treatment
Overview
Raised: $27,400
Total Commitments ($USD)
Platform
MainVest
Start Date
04/06/2021
Close Date
06/07/2021
Min. Goal
$50,000
Max. Goal
$150,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
06/05/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$449
# of Investors
22
Momentum
Not Funded
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Year Founded
2020
Industry
Healthcare & Pharmaceuticals
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Compass Recovery, a substance abuse treatment facility in Agawam, MA, is raising funds on MainVest. The addiction treatment center provides personal and direct care for adults in its outpatient programs. The center offers accountability, empathy, compassion, connection, and empowerment to the patients. Dino Bedinelli founded Compass Recovery in August 2020. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $150,000, will be used towards advertising, facility improvements, and working capital. Compass Recovery is a treatment option for over 17,000 Western Mass residents. It is offering services that are highly in need and demand.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-74,285 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$8,642 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$15,902 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 04/06/2021
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