Morningside PlayCare

Growth Stage

100% Mandarin and Spanish immersion program

Analytics

Raised to Date: Raised: $20,000

Aggregate Commitments $

Platform

NextSeed

Start Date

08/21/2020

Close Date

11/25/2020

Min. Goal

$10,000

Max. Goal

$20,000

Min. Investment

$100

Security Type

Revenue Share

Funding Type

RegCF

Series

Seed

Rolling Commitments $

Status
Funded
Reporting Date

11/30/2020

Days Remaining
Funded
% of Min. Goal

200%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$208

Momentum
Funded
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

New York, New York

Industry

Education, Training, & Coaching

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Business Type

Life Style

Morningside PlayCare, a learning center for children, is raising funds on NextSeed. The center provides nurturing care and immerses children in Mandarin and Spanish languages through play, creative activities, Yoga, and exploration of nature. The curriculum is inspired by the Hawthorne Valley Waldorf School and Flying Deer Nature Centre. Dr. Gail Foster founded Morningside PlayCare in 2015. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $20,000, will be used as working capital to sustain the business during COVID-19. Morningside PlayCare graduates have been accepted at the top Mandarin and Spanish immersion independent day schools in New York City. The center reported a 148% year-over-year growth from 2018 to 2019.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$166,153

$206,945

COGS

$0

$0

Tax

$5,770

$4,410

 

 

Net Income

$-33,346

$25,302

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$19,328

$10,110

Accounts Receivable

$10,682

$20,323

Total Assets

$30,010

$20,323

Short-Term Debt

$0

$0

Long-Term Debt

$38,348

$51,067

Total Liabilities

$38,348

$51,067

Financials as of: 08/21/2020
Log in or create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Morningside PlayCare 10/04/2021 NextSeed $2,250,000 $179,400 SAFE Funded RegCF
Morningside PlayCare 11/25/2020 NextSeed $0 $20,000 Revenue Share Funded RegCF
Log in or create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Analyst Report

Other Deals

Mycroft AI on StartEngine 2021

It has designed, tested, and entered production with its second-generation smart speaker, Mark II. Michael Lewis, Joshua Montgomery, and Kris…

Valuation: $38,002,983
Min Investment: $500
Industry: Consumer Products, Goods & Services
Raised $393,481 of $4,999,999 max
RegCF

GoSun on StartEngine

The company uses solar technologies to create efficient products for cooking, cooling, lighting, and charging electronics using solar energy. The…

Valuation: $59,891,925
Min Investment: $250
Industry: Consumer Products, Goods & Services
Raised $1,135,772 of $3,930,000 max
RegCF

Responsum Health on Republic 2021

The company has created free and disease-specific apps to provide support and knowledge to people with chronic conditions. The apps…

Valuation Cap: $4,500,000
Min Investment: $100
Industry: Healthcare & Pharmaceuticals
Raised $56,026 of $1,070,000 max
RegCF

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Morningside PlayCare on NextSeed
$
Platform: NextSeed
Security Type: Revenue Share
Invest in a different round for this company? Use my investment date to determine which raise I invested in.

Follow company

Follow Morningside PlayCare on NextSeed