Data / Crowdfunding / California / Northern California Land Trust, Inc.
Northern California Land Trust, Inc.: crowdfunding raise on Raise Green, Inc., $945,000 to $1,300,000 (2023)
Northern California Land Trust, Inc., a corporation in Berkeley, CA, filed a Form C with the SEC on October 3, 2023 to raise $945,000 to $1,300,000 in debt through Raise Green, Inc.. The offering closed on October 28, 2023. In its most recent fiscal year it reported $4,004,664 in revenue and $1,901,631 in net income, with 10 employees.
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- Website
- www.nclt.org
- Funding portal
- Raise Green, Inc.
- Address
- 3120 SHATTUCK AVENUE, Berkeley, CA 94705
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- November 14, 1973
- SEC CIK
- 0001991430
Offering terms
From the offering filed October 3, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $945,000
- Maximum
- $1,300,000
- Deadline
- October 28, 2023
- Portal compensation
- Between 1.1% - 4.2% of the final funds raised plus a $1,000 launch fee. If the Company submits an amendment to this Form C, called a Form C-A, an additional $1,000.
Financials
From the Form C-U filed November 6, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $4,004,664 | $2,052,402 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $1,901,631 | $354,457 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $15,624,117 | $13,106,068 | sec.gov |
| Cash | $590,640 | $494,912 | sec.gov |
| Accounts receivable | $523,725 | $165,027 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $6,836,663 | $6,219,378 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 6, 2023 | Progress update | $945,000 | $1,300,000 | October 28, 2023 | The raise did not meet its minimum target amount and thus was not successful. Investor transaction commitments are being canceled and monies are being refunded. | sec.gov |
| October 3, 2023 | Offering | $945,000 | $1,300,000 | October 28, 2023 | sec.gov |
Updated November 6, 2023. 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.