Minnesota Soccer Holdings, GBC
View this filing on EDGAR (filing index, accession 0001670254-24-001037) | All Form C filings by this company on EDGAR
Filing details
| Company | Minnesota Soccer Holdings, GBC | (Form C, issuer information) |
|---|---|---|
| State | MN | (Form C, issuer information) |
| Platform | Wefunder Portal LLC | (Form C, issuer information) |
| Filing date | 2024-10-25 | (EDGAR filing index) |
| Date of incorporation | 2021-03-17 | (Form C, issuer information) |
| Employees | 7 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $50 | (Form C, offering information) |
| Target amount | $250,000 | (Form C, offering information) |
| Maximum ask | $3,000,000 | (Form C, offering information) |
| Offering deadline | 2025-04-30 | (Form C, offering information) |
| Platform compensation | 7.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering. | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $1,254,698 | $1,519,319 | (Form C, financial summary) |
| Cost of goods sold | $704,446 | $968,830 | (Form C, financial summary) |
| Net income | -$241,629 | -$55,375 | (Form C, financial summary) |
| Taxes paid | $37,560 | $13,545 | (Form C, financial summary) |
| Cash and equivalents | $289,578 | $765,699 | (Form C, financial summary) |
| Accounts receivable | $10,215 | $15,000 | (Form C, financial summary) |
| Total assets | $700,708 | $1,001,931 | (Form C, financial summary) |
| Short-term debt | $42,634 | $76,369 | (Form C, financial summary) |
| Long-term debt | $0 | $25,859 | (Form C, financial summary) |
Mechanical checks that fired
- Net loss in both years. Net income is negative in both fiscal years reported in the Form C financial summary.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Company website as listed in the Form C: http://www.mnaurora.com
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