RYSE Creative Village Atlanta
A content production studio & development incubator designed for aspiring creatives.
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/30/2021
Close Date
03/23/2022
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
03/22/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2017
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B
Margin
Capital Intensity
High
RYSE Creative Village Atlanta is raising funds on Wefunder. It is an upcoming content production studio and development incubator for creative people. The studio will function as a resource for curating and cultivating local and diverse creatives and helping them grow. RYSE Creative Village Atlanta is led by an experienced management team and has a 15% targeted internal rate of return. Jay Jackson founded RYSE Creative Village Atlanta in July 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for the development of the project.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$809,079 |
$1,548,009 |
|
COGS |
$163,296 |
$161,718 |
|
Tax |
$1,087 |
$1,078 |
| ||
| ||
|
Net Income |
$-2,372 |
$8,210 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$148,511 |
$25,475 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$375,444 |
$463,969 |
|
Short-Term Debt |
$391,772 |
$477,925 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$391,772 |
$477,925 |
Financials as of: 11/30/2021
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