Overview
Raised: $9,900
Total Commitments ($USD)
Platform
MainVest
Start Date
03/25/2024
Close Date
05/31/2024
Min. Goal
$60,000
Max. Goal
$85,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rev. Share %
1.10%
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/07/2024
Days Remaining
23
% of Min. Goal
17%
% of Max. Goal
12%
Likelihood of Max
Avg. Daily Raise
$230
# of Investors
26
Momentum
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Year Founded
2016
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Karis Family Daycare is raising funds on MainVest. It is a daycare business that operates two play-based childcare facilities in Glendale and Burbank, California. Karis Family Daycare specializes in infant and toddler care and development and uses modern and reliable childcare methods to support communities. The business plans to open a third daycare in Burbank under its umbrella to expand its services and attract more customers. Brenna Karis founded Karis Family Daycare in May 2016. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $85,000. The campaign proceeds will be used to pay the land fee for the new location.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$413,271 |
$369,234 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-42,541 |
$-24,361 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 03/25/2024
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