El Centro Home

El Centro Home

Early Stage

From vacant warehouse to workforce training

From vacant warehouse to workforce training

Overview

Raised to Date: Raised: $21,000

Total Commitments ($USD)

Platform

Small Change

Start Date

08/23/2023

Close Date

04/30/2025

Min. Goal
$2,500
Max. Goal
$124,000
Min. Investment

$100

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$2,400,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/07/2024

Days Remaining

357

% of Min. Goal

840%

% of Max. Goal

17%

Likelihood of Max
unlikely
Avg. Daily Raise

$81

# of Investors

31

Momentum
cold.svg
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

Location

Philadelphia, Pennsylvania

Business Type

Growth

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 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$7,338

$7,338

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$599,700

$5,839

Accounts Receivable

$0

$0

Total Assets

$66,979,781

$1,626,235

Short-Term Debt

$1,533,060

$93,420

Long-Term Debt

$4,453,328

$1,147,920

Total Liabilities

$5,986,388

$1,241,340

Financials as of: 08/23/2023
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
El Centro Home on Small Change 2023
Platform: Small Change
Security Type: Equity - Preferred
Valuation: $2,400,000
Price per Share: $1.00

Follow company

Follow El Centro Home on Small Change 2023

Buy El Centro Home's Deal Report

El Centro Home Deal Report

Get KingsCrowd’s comprehensive report on El Centro Home including:

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

Buy the El Centro Home deal report for only $10!

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