Active Faith Inc.

CIK: 1539866TXIncorporated: 2012-01-01

Current Offering

$100,008
Target Amount
$1,069,992
Maximum Amount
2019-04-30
Deadline

Security Details

Type: Preferred Stock
Price per share: $9.00
Shares offered: 11,112+

Offering Costs

Cash commission: 5%
5.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Equity compensation: 2%
Securities equal to 2.0% of the securities sold will be issued to the intermediary upon a successful fundraise.

Financial Reports

Offering via Wefunder

Offering History

As of 2019-02-25
Raising $100,008 -$1,069,992 via 11,112+ shares of preferred Stock at $9.00 per share
Deadline: 2019-04-30
As of 2020-12-04
Raising $50,000 -$1,070,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2021-02-18
Filing date2019-02-252020-12-04
Current employees33
Act received most recent fiscal year$0.00$0.00
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$1,090,390$73,871
Cash equi prior fiscal year$1,414,286$57,113
Cost goods sold most recent fiscal year$2,663,498$781,690
Cost goods sold prior fiscal year$3,485,088$988,543
Long term debt most recent fiscal year$0.00$107,074
Long term debt prior fiscal year$265,000$209,715
Net income most recent fiscal year-$152,243.00$182,964
Net income prior fiscal year$367,675-$95,145.20
Revenue most recent fiscal year$4,853,444$2,605,634
Revenue prior fiscal year$6,596,685$3,295,144
Short term debt most recent fiscal year$987,571$306,536
Short term debt prior fiscal year$742,335$257,985
Tax paid most recent fiscal year$252,728$157,266
Tax paid prior fiscal year$890.00$111,560
Total asset most recent fiscal year$1,860,416$1,262,982
Total asset prior fiscal year$2,039,877$1,092,250

Financial Reports

Offering via Wefunder

Offering History

As of 2019-02-25
Raising $100,008 -$1,069,992 via 11,112+ shares of preferred Stock at $9.00 per share
Deadline: 2019-04-30
As of 2020-12-04
Raising $50,000 -$1,070,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2021-02-18
Filing date2019-02-252020-12-04
Current employees33
Act received most recent fiscal year$0.00$0.00
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$1,090,390$73,871
Cash equi prior fiscal year$1,414,286$57,113
Cost goods sold most recent fiscal year$2,663,498$781,690
Cost goods sold prior fiscal year$3,485,088$988,543
Long term debt most recent fiscal year$0.00$107,074
Long term debt prior fiscal year$265,000$209,715
Net income most recent fiscal year-$152,243.00$182,964
Net income prior fiscal year$367,675-$95,145.20
Revenue most recent fiscal year$4,853,444$2,605,634
Revenue prior fiscal year$6,596,685$3,295,144
Short term debt most recent fiscal year$987,571$306,536
Short term debt prior fiscal year$742,335$257,985
Tax paid most recent fiscal year$252,728$157,266
Tax paid prior fiscal year$890.00$111,560
Total asset most recent fiscal year$1,860,416$1,262,982
Total asset prior fiscal year$2,039,877$1,092,250

Company Information

Corporation
TX
2012-01-01

Latest Metrics

Employees3
Total Assets$1,860,416
Cash on Hand$1,090,390
Revenues$4,853,444
Net Income-$152,243.00

Crowdfunding Portals

This company is raising funds through this portal