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Innovative Recordings LLC

Operating

Food & Beverage · Washington, DC

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Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$0
Across 2 rounds since 2022

Financials

FY2019–FY2021 · from SEC filings · hover any figure for its source
$636K
$54K
2019
$636K
$128K
2020
$654K
$6K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 unaudited
FY2020 unaudited
FY2021 unaudited
Income statement
Revenue
$635,578
$635,578
$654,269
Cost of goods sold
$137,352
$137,352
$160,400
Gross margin
78%
78%
75%
Net income
$53,508
$127,674
$5,568
Taxes paid
$0
$0
$0
Balance sheet
Cash
$112,588
$124,288
$73,151
Accounts receivable
$5,263
$4,763
$41,011
Total assets
$4,176,820
$250,988
$118,729
Short-term debt
$0
$53,427
$79,906
Long-term debt
$0
$0
$0
Total liabilities
$0
$53,427
$79,906
Other
Headcount
—
2
2

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”.

Cap table

Principal holders% as the filing states it, Jan 31, 2023

  • Charles J. Garris III100.0%of votes

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 · Debt · Jan 2023Closedvia SMBX, Inc.
Raised $0 / $120K
Reg CF · Debt · Mar 2022Closedvia SMBX, Inc.
Raised $0 / $500K

Team

1 person
Charles J. Garris IIIFounder
President & Founder

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

Not obligated

never closed a Reg CF raise

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

SEC filings

  • Form CJan 31, 20230001919337-23-000001
    EDGAR
  • Form C/AJul 6, 20220001919337-22-000004
    EDGAR
  • Form C/AJun 6, 20220001919337-22-000003
    EDGAR
  • Form C/AApr 1, 20220001919337-22-000002
    EDGAR
  • Form CMar 30, 20220001919337-22-000001
    EDGAR
Source: SEC EDGARCIK 0001919337DCLast synced Aug 17, 2026

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.