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CHILAU FOODS

Operating

Spice Crafters LLC

Food & Beverage · Packaged Food · Founded 2012

Bold southern flavors, effortless cooking, better for you

Valuation cap ⓘ
$5.0M
As of Apr 2024 · from Reg CF Offering (2024) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$113,658
Across 1 round since 2024

Financials

FY2021–FY2022 · from SEC filings · hover any figure for its source
$145K
−$58K
2021
$147K
−$95K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed
FY2022 reviewed
Income statement
Revenue
$144,674
$146,779
Cost of goods sold
$140,621
$221,603
Gross margin
3%
-51%
Net income
-$57,850
-$95,260
Taxes paid
$0
$0
Balance sheet
Cash
$4,784
$12,216
Accounts receivable
$0
$0
Total assets
$75,925
$69,118
Short-term debt
$51,317
$89,292
Long-term debt
$152,783
$203,261
Total liabilities
$204,100
$292,553
Other
Headcount
—
1

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Valuation caps on SAFE / convertible note rounds
$5.0M
Valuation cap
Reg CF · SAFE · Jan 2024

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Cap table

Principal holders% as the filing states it, Dec 26, 2023

  • Michael L. Anderson, Jr.92.0%of company
  • Omar P. Tewari8%of company

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg CF · SAFE · Jan 2024Closedvia WeFunder
Raised $113.7K / $1MInvestors 197Valuation cap $5M

Team

1 person
Michael AndersonFounder
Founder & CEO

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 0 of 3 annual reports (FY2023–FY2025)

Missing: 2023, 2024, 2025

197 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C/AFeb 29, 20240001670254-24-000165
    EDGAR
  • Form CDec 26, 20230001670254-23-001213
    EDGAR
Source: ManualCIK 0002005195

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.