Data / Crowdfunding / Texas / Intentional Gap Year Inc.
Intentional Gap Year Inc.: crowdfunding raise on Wefunder Portal LLC, $20,000 to $250,000 (2021)
Intentional Gap Year Inc., a corporation in Austin, TX, filed a Form C with the SEC on April 19, 2021 to raise $20,000 to $250,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $699 in revenue and $2,435 in net income, with 2 employees.
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- Website
- intentionalgapyear.org
- Funding portal
- Wefunder Portal LLC
- Address
- 1401 Lavaca St. #793, Austin, TX 78701
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 21, 2020
- SEC CIK
- 0001830774
Offering terms
From the amendment filed April 19, 2021.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $20,000
- Maximum
- $250,000
- Deadline
- April 30, 2022
- Portal compensation
- <p>7.5% of the offering amount upon a successful fundraise</p>
Financials
From the Form C/A filed April 19, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $699 | $3,500 | sec.gov |
| Cost of goods sold | $3,208 | $32,447 | sec.gov |
| Net income | $2,435 | $2,400 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $88,958 | $86,523 | sec.gov |
| Cash | $437 | $7,386 | sec.gov |
| Accounts receivable | $2,000 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 19, 2021 | Amendment | $20,000 | $250,000 | April 30, 2022 | Added 2020 financials and extended campaign deadline | sec.gov |
| November 20, 2020 | Offering | $20,000 | $250,000 | March 18, 2021 | sec.gov |
Updated April 19, 2021. 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.