Data / Crowdfunding / Arizona / Venture on 12th Place, LLC
Venture on 12th Place, LLC: crowdfunding raise on NSSC Funding Portal, LLC, $100,000 to $500,000 (2022)
Venture on 12th Place, LLC, a limited liability company in Phoenix, AZ, filed a Form C with the SEC on September 1, 2022 to raise $100,000 to $500,000 in preferred stock through NSSC Funding Portal, LLC. The offering closed on August 15, 2023. In its most recent fiscal year it reported $218,289 in revenue and a net loss of $397,061.
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- Website
- neighborhood.ventures
- Funding portal
- NSSC Funding Portal, LLC
- Address
- 5227 N 7TH STREET, Phoenix, AZ 85014
- Legal form
- Limited Liability Company
- Jurisdiction
- AZ
- Incorporated
- June 14, 2022
- SEC CIK
- 0001942207
Offering terms
From the amendment filed September 1, 2022.
- Security
- Preferred Stock
- Price
- $1,000.00
- Target
- $100,000
- Maximum
- $500,000
- Deadline
- August 15, 2023
- Portal compensation
- $2,500 onboarding fee + 5% commission on funds raised
Financials
From the Form C-AR filed March 18, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $218,289 | $0 | sec.gov |
| Cost of goods sold | $568,498 | $0 | sec.gov |
| Net income | $-397,061 | $0 | sec.gov |
| Taxes paid | $15,908 | $0 | sec.gov |
| Total assets | $8,400,863 | $0 | sec.gov |
| Cash | $48,080 | $0 | sec.gov |
| Accounts receivable | $52,895 | $0 | sec.gov |
| Short-term debt | $318,861 | $0 | sec.gov |
| Long-term debt | $6,305,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 18, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| March 18, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| March 22, 2023 | Progress update | $100,000 | $500,000 | August 15, 2023 | 100% of minimum target raised Offering closed on March 21, 2023. | sec.gov |
| September 1, 2022 | Amendment | $100,000 | $500,000 | August 15, 2023 | Information erroneously included needed to be deleted | sec.gov |
| August 15, 2022 | Offering | $100,000 | $500,000 | August 15, 2023 | sec.gov |
Updated March 18, 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.