NhSolarGarden.com
Solar development firm
Overview
Raised: $97,600
Total Commitments ($USD)
Platform
Raise Green
Start Date
11/02/2022
Close Date
01/26/2023
Min. Goal
$30,000
Max. Goal
$112,000
Min. Investment
$500
Security Type
Debt
Series
Seed
Funding Type
RegCF
Interest Rate
6.50%
Term Length
3.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/31/2023
Days Remaining
Funded
% of Min. Goal
325%
% of Max. Goal
87%
Likelihood of Max
Funded
Avg. Daily Raise
$1,148
Momentum
Funded
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Location
Buffalo, New York
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
NhSolarGarden.com is raising funds on Raise Green. It is a solar development company with experience in engineering, constructing, financing, and maintaining solar projects. The company has a development pipeline of 170 MW of solar projects in Puerto Rico and New England and is one of the most experienced developers in the New Hampshire market. NhSolarGarden is currently working on developing the Allenstown Community Center project with a 56kW rooftop solar array to power 70% of the electrical consumption of the community center. Andrew Kellar founded NhSolarGarden.com in January 2014. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $112,000. The campaign proceeds will be used to complete the development of the Allenstown Community Center project.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$547,496 |
$165,682 |
|
COGS |
$0 |
$0 |
|
Tax |
$27,412 |
$-7,930 |
| ||
| ||
|
Net Income |
$160,469 |
$60,592 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$173,284 |
$174,289 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$137,284 |
$174,289 |
|
Short-Term Debt |
$229,913 |
$81,317 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$229,913 |
$81,317 |
Financials as of: 11/02/2022
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