ORGFARM INC

CIK: 1979109DEIncorporated: 2019-10-11

Current Offering

$50,000
Target Amount
$124,000
Maximum Amount
2024-04-29
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
Price per share: $1.00
Shares offered: 50,000+

Offering Costs

Cash commission: 8%
7.5% 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: 0%
No

Financial Reports

Offering via Wefunder

Offering History

As of 2023-11-17
Raising $50,000 -$124,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2024-04-29
Filing date2023-11-17
Current employees43
Act received most recent fiscal year$44,000
Act received prior fiscal year$60,000
Cash equi most recent fiscal year$47,000
Cash equi prior fiscal year$419,000
Cost goods sold most recent fiscal year$1,481,000
Cost goods sold prior fiscal year$1,013,000
Long term debt most recent fiscal year$2,524,000
Long term debt prior fiscal year$2,119,000
Net income most recent fiscal year-$771,000.00
Net income prior fiscal year-$881,000.00
Revenue most recent fiscal year$1,467,000
Revenue prior fiscal year$1,339,000
Short term debt most recent fiscal year$467,000
Short term debt prior fiscal year$139,000
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$1,196,000
Total asset prior fiscal year$1,153,000

Company Information

Corporation
DE
2019-10-11

Latest Metrics

Employees43
Total Assets$1,196,000
Cash on Hand$47,000
Revenues$1,467,000
Net Income-$771,000.00

Crowdfunding Portals

This company is raising funds through this portal