Spotlight: Girls

Early Stage

Women-owned certified B Corp

Overview

Raised to Date: Raised: $33,872

Total Commitments ($USD)

Platform

CrowdFund Mainstreet

Start Date

08/21/2018

Close Date

01/18/2019

Min. Goal

$25,000

Max. Goal

$275,000

Min. Investment

$100

Security Type

Equity - Preferred

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$2,128,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/31/2019

Days Remaining
Funded
% of Min. Goal

135%

% of Max. Goal

12%

Likelihood of Max
Funded
Avg. Daily Raise

$226

# of Investors

25

Momentum
Funded
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Year Founded

2016

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Location

Oakland, California

Spotlight: Girls, with a valuation of $2.1 million, is raising funds on CrowdFund Mainstreet. It is a women-owned and women-focused organization that educates, inspires, and activates girls and women to take the lead. Spotlight: Girls produces events, media, and learning experiences with and for girls to promote creativity, leadership, connection, and radical care. The company’s Go Girls! summer camps have been operating since 2008 at a gross margin of 50%, and afterschool clubs at a gross margin of 70%. Lynn Johnson founded Spotlight: Girls in May 2016. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $275,000. The campaign proceeds will be used to bring the Curriculum Development Specialist and the Administrative Specialist full-time and partner with Anasa Troutman, Culture Shift Creative, and Alphabet Rockers.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$293,351

$334,040

COGS

$377,822

$351,138

Tax

$0

$0

 

 

Net Income

$-84,471

$-17,098

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$12,017

$93,780

Accounts Receivable

$3,005

$0

Total Assets

$15,112

$93,780

Short-Term Debt

$55,908

$32,877

Long-Term Debt

$268,735

$195,005

Total Liabilities

$324,643

$227,882

Financials as of: 08/21/2018
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Spotlight: Girls on CrowdFund Mainstreet 2018
Platform: CrowdFund Mainstreet
Security Type: Equity - Preferred
Valuation: $2,128,000

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