El Centro Home
Early Stage
From vacant warehouse to workforce training
Overview
Raised: $2,400
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/29/2023
Days Remaining
61
% of Min. Goal
96%
% of Max. Goal
2%
Likelihood of Max
Avg. Daily Raise
$65
# of Investors
9
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2022
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
El Centro Home is raising funds on Small Change. It is a formerly vacant warehouse located at 3360 Frankford Avenue, Philadelphia, Pennsylvania, being remodeled into El Centre de Estudiantes Big Picture Philadelphia School. El Centro Home will function as the space for the school to improve job readiness skills and provide workforce training for their students. The first phase of construction of El Centro Home has already commenced and is expected to be completed in 2023. Joseph Brian Murphy founded El Centro Home in January 2022. The company is doing a side-by-side offering with a Reg CF raise open to everyone and a Reg D 506(c) raise open to accredited investors only. The current crowdfunding campaign has a minimum Reg CF target of $2,500, a maximum Reg CF target of $124,000, and a maximum 506(c) target of $2.4 million. The company will stop raising when it reaches the maximum target amount in both offerings combined or maximum target of just the Reg D offering. The campaign proceeds will be used for the cost of construction.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$7,338 |
$0 |
| ||
| ||
Net Income |
$0 |
$0 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$5,839 |
$0 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$1,626,235 |
$0 |
Short-Term Debt |
$93,420 |
$0 |
Long-Term Debt |
$1,147,920 |
$0 |
Total Liabilities |
$1,241,340 |
$0 |
Financials as of: 08/24/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$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
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.