Data / Crowdfunding / District of Columbia / CFO Services Group, Inc.
CFO Services Group, Inc.: crowdfunding raise on SMBX, Inc., $25,000 to $100,000 (2021)
CFO Services Group, Inc., a corporation in Washington, DC, filed a Form C with the SEC on August 30, 2021 to raise $25,000 to $100,000 in debt through SMBX, Inc.. The offering closed on November 30, 2021. In its most recent fiscal year it reported $1,016,557 in revenue and $90,904 in net income, with 16 employees.
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- Website
- www.cfoservicesgroup.com
- Funding portal
- SMBX, Inc.
- Address
- 1101 PENNSYLVANIA AVENUE NW SUITE 300, Washington, DC 20004
- Legal form
- Corporation
- Jurisdiction
- DC
- Incorporated
- July 2, 2012
- SEC CIK
- 0001879667
Offering terms
From the amendment filed August 30, 2021.
- Security
- Debt
- Price
- $10.00
- Target
- $25,000
- Maximum
- $100,000
- Deadline
- November 30, 2021
- Portal compensation
- For the CFO Services Group, Inc. offering, SMBX will be charging a capital raise fee of 3.5% (up to $3,500 based on the total amount raised).
Financials
From the Form C-AR filed May 19, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,016,557 | $550,864 | sec.gov |
| Cost of goods sold | $416,937 | $262,609 | sec.gov |
| Net income | $90,904 | $31,324 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $268,453 | $105,202 | sec.gov |
| Cash | $177,036 | $63,602 | sec.gov |
| Accounts receivable | $77,524 | $40,089 | sec.gov |
| Short-term debt | $94,506 | $58,227 | sec.gov |
| Long-term debt | $166,520 | $119,645 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 20, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 19, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| August 30, 2021 | Amendment | $25,000 | $100,000 | November 30, 2021 | Amendment to offering information including price methodology, no material changes since the offering has not launched yet. | sec.gov |
| August 30, 2021 | Offering | $100,000 | $100,000 | November 30, 2021 | sec.gov |
Updated May 20, 2022. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.