National Energy Improvement Fund
WE FOCUS ON ENVIRONMENT AND CLIMATE
Overview
Raised: $140,000
Total Commitments ($USD)
Platform
Raise Green
Start Date
03/22/2021
Close Date
05/31/2021
Min. Goal
$10,000
Max. Goal
$250,000
Min. Investment
$1,000
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Year Founded
2007
Industry
Financial & Insurance Products & Services
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
National Energy Improvement Fund, a lender for energy improvements, is raising crowdfunding on Raise Green. The company offers loans to people of all income levels to reduce carbon emissions and energy costs. The NEIF loans are used for heating, cooling, roofing, insulation, and other energy and resilience measures. Peter J. Krajsa and Matthew H. Brown founded National Energy Improvement Fund in 2017. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $250,000, and the funds will be used for growth and expansion. National Energy Improvement Fund has already financed over 5,000 energy and resilience projects. It is led by an experienced team of energy financing innovators responsible for over $800 million in financing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$809,810 |
$811,900 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,278,366 |
$-856,733 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$623,044 |
$1,383,265 |
|
Accounts Receivable |
$71,054 |
$139,378 |
|
Total Assets |
$2,424,643 |
$2,767,829 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 03/22/2021
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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| National Energy Improvement Fund | 12/31/2024 | Raise Green | - | $171,000 | Equity - Preferred | Active | RegCF |
| National Energy Improvement Fund | 03/30/2024 | Raise Green | - | $431,000 | Equity - Preferred | Funded | RegCF |
| National Energy Improvement Fund | 12/31/2023 | Raise Green | - | $473,000 | Equity - Preferred | Funded | RegCF |
| National Energy Improvement Fund | 10/26/2023 | Raise Green | $2,000,000 | $325,000 | Equity - Preferred | Funded | RegCF |
| National Energy Improvement Fund | 10/19/2022 | Raise Green | $2,000,000 | $810,000 | Equity - Preferred | Funded | RegCF |
| National Energy Improvement Fund | 05/31/2021 | Raise Green | - | $140,000 | Debt | Funded | RegCF |
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