FAFCO, INC.

CIK: 352956CAIncorporated: 1972-03-17

Current Offering

$200,000
Target Amount
$1,000,000
Maximum Amount
2017-04-30
Deadline

Security Details

Type: Common Stock
Price per share: $120.38
Shares offered: 9,273+

Offering Costs

Cash commission: 4%
4.0% 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: 0%
No

Financial Reports

Offering via Wefunder

Offering History

As of 2017-03-31
Raising $200,000 -$1,000,000 via 9,273+ shares of common Stock at $120.38 per share
Deadline: 2017-04-30
As of 2017-05-01
Raising $200,000 -$1,000,000 via 9,273+ shares of common Stock at $120.38 per share
Deadline: 2017-06-30
As of 2017-07-03
Raising $200,000 -$1,000,000 via 9,273+ shares of common Stock at $120.38 per share
Deadline: 2017-09-30
As of 2017-08-07
Raising $150,000 -$1,000,000 via 6,231+ shares of common Stock at $120.38 per share
Deadline: 2017-09-30
As of 2017-10-03
Raising $150,000 -$1,000,000 via 6,231+ shares of common Stock at $120.38 per share
Deadline: 2017-08-17
Filing date2017-03-312017-05-012017-08-07
Current employees424238
Act received most recent fiscal year$582,200$450,000$450,000
Act received prior fiscal year$1,031,800$582,200$582,200
Cash equi most recent fiscal year$53,400$734,500$734,500
Cash equi prior fiscal year$437,700$53,400$53,400
Cost goods sold most recent fiscal year$5,261,400$4,773,500$4,773,500
Cost goods sold prior fiscal year$5,304,200$5,261,400$5,261,400
Long term debt most recent fiscal year$6,971,600$8,098,200$8,098,200
Long term debt prior fiscal year$5,089,500$8,845,600$8,845,600
Net income most recent fiscal year-$666,300.00-$573,800.00-$573,800.00
Net income prior fiscal year$72,600-$666,300.00-$666,300.00
Revenue most recent fiscal year$6,996,400$5,943,900$5,943,900
Revenue prior fiscal year$7,926,900$6,996,400$6,996,400
Short term debt most recent fiscal year$1,668,300$1,567,900$1,567,900
Short term debt prior fiscal year$2,866,100$1,668,300$1,668,300
Tax paid most recent fiscal year-$454,200.00-$565,200.00-$565,200.00
Tax paid prior fiscal year$79,800-$454,200.00-$454,200.00
Total asset most recent fiscal year$2,331,800$2,435,500$2,435,500
Total asset prior fiscal year$437,700$2,331,800$2,331,800

Company Information

Corporation
CA
1972-03-17

Latest Metrics

Employees42
Total Assets$2,331,800
Cash on Hand$53,400
Revenues$6,996,400
Net Income-$666,300.00

Crowdfunding Portals

This company is raising funds through this portal