Shepherd Park Children’s Academy

Shepherd Park Children’s Academy

Closed: Oct. 2022

About this raise

Shepherd Park Children’s Academy is raising funds on SMBX. The business provides high-quality child care services in Washington, DC. It is a place that caters to children of all abilities and enables them to learn about diversity, get nurtured, and remain engaged in a thriving atmosphere. Shepherd Park Children’s Academy specially caters to children between the ages of 18 months and five years and those who have been diagnosed with Autism Spectrum Disorder. Kimberly Clarke founded Shepherd Park Children’s Academy in June 2013. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $225,000. The campaign proceeds will be used for supplies, rent, construction, and working capital.

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Investment Overview

Invested this round: $29,190

Deal Terms

Total Commitments

Platform
SMBX
Start Date
08/18/2022
Close Date
10/17/2022
Min. Goal
$25,000
Max Goal
$225,000
Min. Investment

$10

Security Type

Debt

Payment Schedule

Monthly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

8.50%

Term Length

5.0 years

Company & Team

Company

Year Founded
2013
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Washington, District of Columbia
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Kimberly Clarke
Title
CEO

Financials

 Revenue -36% YoY
$101,305
 Monthly Burn
Profitable
 Cash on Hand
$55,178

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$101,305

$158,823

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$52,467

$68,372

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$55,178

$61,717

Accounts Receivable

$0

$0

Total Assets

$73,839

$82,114

Short-Term Debt

$6,305

$20,146

Long-Term Debt

$0

$0

Total Liabilities

$6,305

$20,146

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/17/2022 SMBX - $29,190 Debt Funded RegCF
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Shepherd Park Children’s Academy on SMBX 2022
Platform: SMBX
Security Type: Debt

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