Data / Crowdfunding / South Dakota / Easy Expense Tracker Inc
Easy Expense Tracker Inc: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $800,000 (2023)
Easy Expense Tracker Inc, a corporation in Sioux Falls, SD, filed a Form C with the SEC on March 29, 2023 to raise $25,000 to $800,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $398,599 in revenue and a net loss of $181,933, with 1 employees.
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- Website
- easy-expense.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 401 E 8TH ST STE 214 PMB 7863, Sioux Falls, SD 57103
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 21, 2022
- SEC CIK
- 0001951952
Offering terms
From the amendment filed March 29, 2023.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $800,000
- Deadline
- April 30, 2023
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-AR filed April 29, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $398,599 | $0 | sec.gov |
| Cost of goods sold | $38,131 | $0 | sec.gov |
| Net income | $-181,933 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,398,450 | $0 | sec.gov |
| Cash | $1,099,025 | $0 | sec.gov |
| Accounts receivable | $38,173 | $0 | sec.gov |
| Short-term debt | $169,515 | $0 | sec.gov |
| Long-term debt | $1,465,068 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 29, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| May 8, 2023 | Progress update | $25,000 | $800,000 | April 30, 2023 | The Offering closed successfully on 5/1/2023, having received investment commitments of $237,349, although a final accounting has not taken place. | sec.gov |
| March 29, 2023 | Amendment | $25,000 | $800,000 | April 30, 2023 | This material amendment is filed to 1) extend the Offering Deadline to April 30, 2023, 2) update the valuation on the existing Crowd SAFE, 3) update the name of the Nominee on Exhibit A, of the Crowd SAFE. See Form C for further disclosure. | sec.gov |
| January 31, 2023 | Offering | $25,000 | $800,000 | April 1, 2023 | sec.gov |
Updated May 2, 2024. 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.