Neighbour Development Inc.
View this filing on EDGAR (filing index, accession 0002030502-25-000001) | All Form C filings by this company on EDGAR
Filing details
| Company | Neighbour Development Inc. | (Form C, issuer information) |
|---|---|---|
| State | GA | (Form C, issuer information) |
| Platform | FundingHope LLC | (Form C, issuer information) |
| Filing date | 2025-01-08 | (EDGAR filing index) |
| Date of incorporation | 2023-08-15 | (Form C, issuer information) |
| Employees | 0 | (Form C, issuer information) |
| Security offered | Other SAFE | (Form C, offering information) |
| Price per security | $100 | (Form C, offering information) |
| Target amount | $50,000 | (Form C, offering information) |
| Maximum ask | $124,000 | (Form C, offering information) |
| Offering deadline | 2025-12-31 | (Form C, offering information) |
| Platform compensation | 4% of capital raised during the offering, plus pass-through fees associated with background checks, escrow due diligence fees, and transactional fees charged by third-party vendors of the platform. | (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. Every prior-year figure is 0.00 as well.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $0 | $0 | (Form C, financial summary) |
| Cost of goods sold | $0 | $0 | (Form C, financial summary) |
| Net income | -$9,220 | $0 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $11,080 | $0 | (Form C, financial summary) |
| Accounts receivable | $11,000 | $0 | (Form C, financial summary) |
| Total assets | $22,080 | $0 | (Form C, financial summary) |
| Short-term debt | $0 | $0 | (Form C, financial summary) |
| Long-term debt | $0 | $0 | (Form C, financial summary) |
Mechanical checks that fired
- Related-party language. Related-party language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The phrase can describe routine or unusual arrangements, so read the quoted sentence and the filing. Found in: 0002030502-25-000001.
"SAFE holders may find that the terms of these related-party transactions do not align with their interests, which could limit their return on investment."
"SAFE holders may find that the terms of these related-party transactions do not align with their interests, which could limit their return on investment."
- No revenue. Revenue for the most recent fiscal year is $0 in the Form C financial summary.
- Maximum ask above 10x revenue. The maximum offering amount is more than 10 times the most recent fiscal year revenue (or revenue is $0), per the Form C.
Checks not run on this filing
These checks are arithmetic on the Form C financial summary, and every figure in this filing's summary is 0.00, which on a Form C cover page can mean zero or can mean nothing was entered. We do not run arithmetic on figures that carry no information, so these checks are not run here. That is a limit of our method and says nothing about the company either way.
- Net loss in both years
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: https://neighborind.com/
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