Desert Farms Inc.

CIK: 1676476NYIncorporated: 2016-06-29

Current Offering

$25,000
Target Amount
$1,070,000
Maximum Amount
2019-11-15
Deadline

Security Details

Type: Debt
Price per share: $0.00
Shares offered: 0+

Offering Costs

Cash commission: 8%
7.5% of the amount raised
Equity compensation: 5%
SI Securities will receive equity compensation equal to 5% of the number of securities sold.

Financial Reports

Offering via

Offering History

As of 2019-09-03
Raising $25,000 -$1,070,000 via 0+ shares of debt at $0.00 per share
Deadline: 2019-11-15
Filing date2019-09-03
Current employees6
Act received most recent fiscal year$0.00
Act received prior fiscal year$40,237
Cash equi most recent fiscal year$26,220
Cash equi prior fiscal year-$15,625.41
Cost goods sold most recent fiscal year$771,132
Cost goods sold prior fiscal year$771,718
Long term debt most recent fiscal year$514,626
Long term debt prior fiscal year$524,538
Net income most recent fiscal year-$358,334.31
Net income prior fiscal year-$170,089.43
Revenue most recent fiscal year$1,500,000
Revenue prior fiscal year$1,314,857
Short term debt most recent fiscal year$34,816
Short term debt prior fiscal year$215,883
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$163,036
Total asset prior fiscal year$285,725

Company Information

Corporation
NY
2016-06-29

Latest Metrics

Employees6
Total Assets$163,036
Cash on Hand$26,220
Revenues$1,500,000
Net Income-$358,334.31

Crowdfunding Portals

This company is raising funds through this portal