About
The Premier Mental Health System In Sports
- Bronx, United States of America
- Legal Name: Itsthezone, INC.
- Company ID: 82-1438334
- Year Founded: 2017
- Industry: Mental Health Care
- Website: https://itsthezone.com
- SEC Filings
Highlights
$4.5M
CF Valuation
$152.7K
Total Raised
$0
Revenue
1
Employees
Indicators
Profit Margin
0%
(0%)
2020: 0%
Current Ratio
2.11
(0%)
2020: ∞
Revenue Growth
Financials
| INCOME STATEMENT | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $0 | $0 | — |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $0 | $0 | — |
| Other Costs | -$55,639 | -$19,501 | 185% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$55,639 | -$19,501 | 185% |
| BALANCE SHEET | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $10,951 | $0 | — |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $10,951 | $0 | — |
| Other Assets | $0 | $0 | — |
| Total Assets | $10,951 | $0 | — |
| Short Term debt | $5,200 | $0 | — |
| Long Term debt | $41,300 | $0 | — |
| Total Debt | $46,500 | $0 | — |
| Other Liabilities | -$35,549 | $0 | — |
| Total Liabilities | $10,951 | $0 | — |
Revenue Growth
Financials
| INCOME STATEMENT | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $0 | $0 | — |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $0 | $0 | — |
| Other Costs | -$55,639 | -$19,501 | 185% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$55,639 | -$19,501 | 185% |
| BALANCE SHEET | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $10,951 | $0 | — |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $10,951 | $0 | — |
| Other Assets | $0 | $0 | — |
| Total Assets | $10,951 | $0 | — |
| Short Term debt | $5,200 | $0 | — |
| Long Term debt | $41,300 | $0 | — |
| Total Debt | $46,500 | $0 | — |
| Other Liabilities | -$35,549 | $0 | — |
| Total Liabilities | $10,951 | $0 | — |
| INCOME STATEMENT | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $0 | $0 | — |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $0 | $0 | — |
| Other Costs | -$55,639 | -$19,501 | 185% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$55,639 | -$19,501 | 185% |
| BALANCE SHEET | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $10,951 | $0 | — |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $10,951 | $0 | — |
| Other Assets | $0 | $0 | — |
| Total Assets | $10,951 | $0 | — |
| Short Term debt | $5,200 | $0 | — |
| Long Term debt | $41,300 | $0 | — |
| Total Debt | $46,500 | $0 | — |
| Other Liabilities | -$35,549 | $0 | — |
| Total Liabilities | $10,951 | $0 | — |
| INCOME STATEMENT | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $0 | $0 | — |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $0 | $0 | — |
| Other Costs | -$55,639 | -$19,501 | 185% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$55,639 | -$19,501 | 185% |
| BALANCE SHEET | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $10,951 | $0 | — |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $10,951 | $0 | — |
| Other Assets | $0 | $0 | — |
| Total Assets | $10,951 | $0 | — |
| Short Term debt | $5,200 | $0 | — |
| Long Term debt | $41,300 | $0 | — |
| Total Debt | $46,500 | $0 | — |
| Other Liabilities | -$35,549 | $0 | — |
| Total Liabilities | $10,951 | $0 | — |
Indicators
Profit Margin
0%
(0%)
2020: 0%
Current Ratio
2.11
(0%)
2020: ∞
Efficiency Ratio
∞
(0%)
2020: ∞
Key figures
| INCOME STATEMENT | 2021 | 2020 |
|---|---|---|
| Revenue Growth | ∞ | ∞ |
| Profit Margin | 0% | 0% |
| Current Ratio | 2% | ∞ |
| Efficiency Ratio | ∞ | ∞ |
| Solvency Ratio | -120% | ∞ |
| Debt Ratio | 425% | ∞ |
Funding History
1 Funding Round
$152,665Total Raised
$4,453,000CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Closed | Closed | Apr 30, 2022 | $152,665 | Wefunder | Equity | $4M valuation | — | SEC Reg CF | 75 days | Feb 14, 2022 |
